29 Aug '17, 12am

Divested Tai Sin for 16% annualized return: Summary I have decided to divest and take profit on Tai Sin due to…

I have decided to divest and take profit on Tai Sin due to fundamentals trending apart from my initial investment thesis. Note: price includes transactional costs Despite the failure of my investment thesis, I am happy to book an annualized gain exceeding 10% per annum. I attribute this to the large margin of safety that Tai Sin had in February at S$0.398 per share, which has diminished with my sale Price to Earnings ratio of 10.2. With this divestment, and in line with my portfolio goals (here ), I have also raised my portfolio cash holdings to 37%. Divestment Rationale I initiated a position in Tai Sin earlier this year where I shared my hopes that Tai Sin would be a fast grower (here ). Tai Sin announced their full year results on 25th August (here ), where they displayed deteriorating business …

Full article: http://thefinance.sg/2017/08/28/divested-tai-sin-for-16-a...

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Is Tai Sin’s FY17 Results a Cause for Concern?:...

thefinance.sg 03 Sep '17, 10pm

Tai Sin Electric has been one of my long-term shareholdings since 2012/2013. Lets take a look at its latest Financial Year...