Decided to sell both which were recent purchases.
Not because fundamentals have changed, in fact they remain strong.
But I need the cash, so I am forced to cut loss =(
I was greedy and went in without sufficient margin of safety.
Lesson learnt, cannot be greedy, only go in with big enough margin of safety =)
My portfolio is now left with:
1. China Merchant Pacific
2. Naratel
3. TTJ
4. Hock Lian Seng
5. Sports Toto
6. Kingsmen Creative
7. Saizen REIT
8. Fraser Centrepoint Trust
This portfolio is giving me a dividend yield of 7.5%, and all were purchased with what I think (or I hope) with comfortable margin of safety. I intend to hang on to them for the long term.
