Dragon Ukranian Property – Vote No at EGM

Brief post on Dragon Ukranian Property.

I bought this in March 2018 for c18p per share. I had a distribution of .09 USD per share or c 7p. So even if this goes through I am more-or-less flat.  It’s actually worse than that though.  Since I bought this in March 18 my portfolio is up 16%, so this has been a net detractor.

Continue reading “Dragon Ukranian Property – Vote No at EGM”

DUPD – He who turns and runs away….

… Lives to fight another day.

Decided to terminate all positions in DUPD.  

I havent found anything wrong with my thesis originally.  All that has happened is the political situation has deteriorated markedly over the past few days, to the point where protestors are literally manning the barricades across Ukraine.  

Continue reading “DUPD – He who turns and runs away….”

DUPD – beginning to realise but price not rising.

Good news – time to post on another of my holdings – DUPD.

This is a highly undervalued Ukrainian property developer.  I have traded in and out over the years luckily getting some of the big rise to 2010 and missing the fall.  My  main entry was 28p back in September 2012. I have added more today at 36p giving me an average price of 31.4p.
Continue reading “DUPD – beginning to realise but price not rising.”