𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 🅹🆄🅻🆈 𝟮𝟬𝟮𝟮
The End of “Pulling Out the Weeds"
For the month of July 2022, We banked *+1.50% (P/L%)
Pulling out the weeds cost us *-15.41% (P/L%)
So we ended the month with a loss of *-13.91% (P/L%)
To see my closed trades > Go to my Portfolio... 顯示更多 翻譯
Why is $SN.L (Smith & Nephew) in the portfolio?
- Recent inflationary cost pressures on Operating Margin, but …
- Dominant market position in highly specialised sector
- Very high market barriers to entry
- High value-add business model with Gross Margins around 70%
- Share price around 7 year low
-... 顯示更多 翻譯
End of April 2022 Update (total holding +/ shown in brackets)
Though March ended much like February, April lost a lot of ground as inflation, war, and associated challenges continue to push prices and restrict supply. A new position in $TSLA (Tesla Motors, Inc.) has been opened after the recent dip,... 顯示更多 翻譯