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Tuesday 13 October 2009

Olam - Sold $2.65, ROC 10.2%

Last sold Olam in 27 Aug 09 @ $2.62. Patiently waited and bought back in 5 Oct 09 @ $2.39.

Stuffing more feathers. Cheers!

Round 6: ROC 10.2%, 8 days, B $2.39 S $2.65

Round 5: ROC 6.3%, 3 days, B $2.45 S $2.62 (Bought back higher)
Round 4: ROC 5.9%, 15 days, B $2.26 S $2.41
Round 3: ROC 9.6%, 8 days, B $2.18 S $2.40
Round 2: ROC 7.0%, 8 days, B $2.18 S $2.35 (Bought back higher)
Round 1: ROC 9.8%, 161 days, B $1.37 S $1.52

5 comments:

  1. Compounded gains R1-R6 using $100 as benchmark will give you $159.73, which is 59.73%(excluding trading fees).

    On hindsight, if you had held on to it from $1.37 to $2.65(not including divy and rights issue, excluding trading fees) will give you $193.43, which is 93% gains.

    Overall, it is still a very good strategy, returns were good haha... I can't complain, but I will modify your setup to suit the limited capital I have. :P

    ReplyDelete
  2. I have still some Olam at $1.68 and the realized profits is 52% against the invested capital in Olam, and then this invested capital is sitting on another unrealized profit of 56%. Total realized + unrealized gain = 108% against the invested capital in Olam at market risk. (This is the true margin of safety)

    However, the realized gain from Olam and together with the gains from other stocks have been deployed as capital and has been compounded x times.

    Buy and hold at $1.37 can only give unrealized gain of 92.1%

    Who is your Maths teacher? Let me call him/her and ask LP to give you Maths tuitions

    ReplyDelete
  3. Oh... uncle88, I get it, you did not sell all and buy again then sell all and buy again.

    You bought, when there is profit, sell half, kept half and then use it to trade again? Kindly enlighten xiao di >.< lol

    My assumptions did not include rights issue.

    ReplyDelete
  4. Share the secret on 19 Oct 09 at the lunch table. Ha Ha

    ReplyDelete

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