Saturday, June 30, 2012

Johnson & Johnson

Sold my Johnson & Johnson (JNJ) shares on 29 June 2012 (US Date) at USD67.60. I made some profit out of the transaction. I have been holding JNJ for 4.5 to 5 years and went through the financial crisis of 2009. JNJ is a matured Company, fluctuation is not substantial, neither is the net profit gained from the sale. Much of the profit was disipated by the depreciated US$ with respect to SGD over the years. Participated in shareholder dividend re-purchase scheme.

Why did I sell JNJ? Uncertainty over the Euro crisis may worsen for the second half of the year. Sell it when profit is still there.

Sunday, June 3, 2012

Mitsubishi Lancer - 1980s



When I was a high school boy in the 80s, this was one of my favourite Japanese car of that era. It was a light blue Mitsubishi Lancer.

I just saw this car in June 2012 in about the same authentic condition as it was back in the 80s. Very well maintained I must say for this car of more than 30 years old. And for the fact that in S'pore, it was extremely difficult to keep an old car with issues of road tax, maintenance and of course the need to pay COE every 10 years. Well done to the owner of this car!