Selling Stock

This is the first time I've decided to sell my holdings since I started this blog.

In the beginning of July, two stocks in my portfolio had been sold.

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RUBHD

Sell at RM3.48.

Though I think that it should worth more, I don't think that the price of the take-over offer by Ranhill will be revised to a higher price. So, to save my time and utilise the money for other investment opportunity, I have decided to sell it.

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AKN

Sell at the price of RM 0.385.

A friend had decided to buy AKN after reading my blog. Then we started some discussion in a forum. During the discussion, some other friends give us warning signals about the integrity of its management. Though I can't be sured that they are right, I think that selling off AKN is the best way to protect my self.

However, I’ll keep observing the future development of AKN.

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