Wolf Money(Thai Beverage PCL)sold

 

Cutting losses wasn’t the first home coming I was looking after two weeks of holidaying. Thai Bev had fallen below my support. I took the opportunity to clear the dead wood in my portfolio. I like Thai Beverage’s business, less so on the price movement. Sellers are willing to sell the shares at current low levels even though there was a cum dividend(1.7c) status. There was a 3% drawdown on the position. 

Maybe one day, I might find my way back to the stock again. In the meantime, I had enough alcohol, time for a break. Overall, I don’t think the multiple trades in Thai Beverage made me much money neither did it made me lose my pants , but it sure is an interesting experiment. 😅More details at the end of year review. God bless.


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