Trades for the week 17 Jan - 21 Jan 2011

Sold:
ARA Asset Management - 400 shares @ $1.82 in Phillip Unit Share Market (19 Jan 2011)
- I have earlier sold off 2000 shares @ $1.80 last week on 13 Jan 2011 as listed in Trades for the week 10 Jan - 14 Jan 2011.
Entry: Nov 2007, 2000 shares @ $1.15 (during IPO)
Exit: Jan 2011, 2400 shares (including 400 bonus shares received on 10 May 2010)
Period of holding: 3years 3months
Gain from sale: $1989.56
% Gain: 86.4%
Dividends received: $315.40
Total Gain: $2304.96
% Total Gain: 100.1%

Sunpower - 5000 shares @ $0.47 (21 Jan 2011)
Entry: Feb 2007, 5000 shares @ $0.40
Exit: Jan 2011, 5000 shares @ $0.47
Period of holding: 3years 11months
Gain from sale: $297.49
% Gain: 14.67%
Dividends received: Nil
Total Gain: $297.49
% Total Gain: 14.67%


Selling the above 2 counters is part of my plan in consolidating my portfolio. Although I did not manage to sell off at the day or week high, I'm satisfied by the returns generated.