Forex , Stocks & Shares

[Barmitzvah Boy]

Decided to take profit from Latin American funds and shift to this fund: ‘First State Asian Focus Accumulation’.

Also intending to invest in Burberry in early 2018. They are moving upmarket and focussing on Far East market and remove product from many ‘non luxury’ outlets. Profit margin per item will increase.

Fingers, and toes, crossed.

I did Burberry after all and am showing a 17% gain on the share price I bought at plus dividends on top.

My big punt was Sirius Minerals who are building a polyhalite mine in the N Yorks National Park, The finished product will be transported 26 miles underground to a new sea terminal near Middlesbrough, they already have forward orders for a product that will not be available for at least 3 years. They are up by over 3% today and nearly 20% in a week. My gain to date is 75%. You read about it here about a year ago!! My guess is that it will be a £1 share price in 12 months (36p today) and £4 to £5 in 5 years time with dividends paid.