Tuesday 10 August 2010

Sold Severn Trent for 40% profit

This week I sold Severn Trent for £13.40 for 40% profit(as well as the final dividend). Bought at £9.60.



Although I believe they are a good long term investment, they have risen so much so fast and can see other shares that are now better value currently. The dividend is still good on Severn Trent but the capital gain might be limited unless there is a bid approach.

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