Portfolio update

There has been some significant movement in some of the shares of the portfolio so I thought I better update the current position.

Positions Changed:

None

Current Position:

RHD Bought at 65c now trading at 76c for a PROFIT of 11c (17%)
SCV Bought at 80c now trading at 82c for PROFIT of 2c (2.5%)
FEA Bought at 63c now trading at 81c for a PROFIT of 18c (28%)
CKL Bought at 59c now trading at 53c for LOSS of 6c (11%)
MCP Bought at $2.65 now trading at $3.05 for a PROFIT of 40c (15%)
ASU Bought at 3.3c now trading at 3.3c for BREAKEVEN (0%)

Portfolio

Cash : $51,066
RHD : $11,992
SCV : $10,250
FEA : $12,857
CKL : $ 8,983
MCP : $11,509
ASU : $10,000

Total : $116,657

Monthly Performance

Month 1: Profit of $4,688. Annualised this is a gain of 56%.
Month 2: Profit of $6,844. Annualised this is a gain of 78%.
Month 3: Profit of $5,125. Annualised this is a gain of 61%.

Closed Trades :

ITD Bought at 41.5c SOLD at 57.5c for a PROFIT of 16c (38%)
AVE Bought at $2.19 SOLD at $2.65 for a PROFIT of 46c (21%)
MPH Bought at $0.225 SOLD at $0.34 for a PROFIT of 11.5c (51%)

Commentary

I am very skeptical of this as I am finding it harder and harder to find profitable positions. Whenever I feel I have found one these days it has just moved to far before I can enter. For example I was looking at entering IMD earlier this week and it has moved 10% since I started looking into it.

Good Luck Investing.