Wolf Money(Delfi Ltd)

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I bought myself a Valentine gift today. A chocolate company to be precise. Delfi is the maker of Van Houten Chocolate, my favourite chocolate since childhood. 

Van Houten is the favourite chocolate of many households in the bygone years of CNY. The company is facing cost pressures with the sharp rise in cocoa price and the weakening Indonesia Rupiah against the USD. I am taking a small position to keep myself interested in the company. Share is trading close to 52 weeks low and it comes with a 6.5% dividend yield. First support can be seen at 72c and 62c level. I have no idea how the position will turn out. The company is in a net cash position. Very conservative balance sheet. More details at the end of month portfolio update. God Bless.

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https://t.me/joinchat/oCgkD3sQFRMzMWM1



Disclaimers 

All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.

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