Tuesday, January 13, 2009

Performance to date on USE ( 57 Weeks)

BATU - 770, BOBU - 470, DFCU - 700, NVL - 1450, SBU - 140, UCL - 120

We continue to see the share price of BOBU plumet.

Soon all unrealised profits on BOBU will varnish completely. After which we may consider buying BOBU again. Which would mean we have turned full circle. One thing that remains is the unrealised losses on DFCU which are not increasing wildly (majority of holdings are in DFCU)


BOBU 59% annualised
DFCU -7.2% annualised

Consolidated position is 7.0 % annualised.

Current Strategy
Buying: DFCU
Watching: BOBU UCL
Selling: all others