Quick portfolio update.
Selling PIL – I am a bit concerned that they might struggle to meet debt covenants due to a poor harvest. I have had a couple of year’s dividends on this – so am actually up c5% in total. I sold for what I bought them for. Little disappointing but these things happen.
I am also easing up on OPP / OPPP – they are going impairment crazy, just after I bought. Weight was maybe a little too much.
I also bought in a touch of DUPD again – didnt get round to posting on they distributed – made a little on it. Breaking my own rule on this as it is majority owned now – but I think they will delist / pay out eventually….