Profit taking

As this week I’m now eligible for the 12 month CGT discount, I’ve been waiting to sell off my Supply Network (SNL) shares at $1.60, and today the order filled.  I began buying SNL at 42c, however this block cost me 89c – giving me a mere 80% profit for the period.  Not bad!   … More Profit taking

Profit taking

In reviewing my current book, there are a couple of stocks I have either sold down, or plan to sell down in the near future:   AMM: I have now fully exited my position in AMM.  There is likely to still be good growth but with the recent price appreciation I’m happy to book a … More Profit taking

Supply Network FY11 numbers

Having steadily risen during 2011, from the 40c range to its current price of 69c, the thinly-traded SNL has been a standout performer, booking a 12-month shareholder return of 126%, thanks to price appreciation and an unbelievable 8c of franked dividends in FY11.   This begs the question, has this return reflected the underlying performance … More Supply Network FY11 numbers