SFI @ $0.895

Sell @ $0.895. SFI is the surprise package in my portfolio. It was one of the worst performer when mkt was still bullish but now, with the STI down >40% this year, it’s price had gone up and is one of my rare stock that is profitable! Reasons could be due to recent announcements of their MOU in China (feasibility study on a massive food processing centre) and that their major s/h (Temasek) is evaluating their options (Temasek recently did an offer on SCS). Q3 results will be out today and I’m not expecting it to be good. Likely, S’pore operations will be slightly better while UK operations will be dragged down by the weaker British Pounds. Buyer put in a 100 lots order, fm UOBKH. 😀