Wednesday, June 17, 2015

2015 Portfolio Changes: Swapped NeraTel for M1 (17 Jun)

I have added M1 @ $3.26 today. I have divested NeraTel to fund the purchase as I would like to limit my capital injection. I think the market is currently still weak, and there is a possibility for further downside. Thus, pacing the entries is crucial for limited war chest.

The rational for the swap is to improve the quality for my portfolio. NeraTel, though still a viable investment for income, was added to my portfolio as a proxy to Telco sector. I think the current weakness for the Telco counters provides an opportunity to accumulate.

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