Thursday, April 07, 2011

Xtep purchased #2

This morning I doubled my investment in Xtep (HK:1368) paying HK$5.42 per share. The reasons for purchasing are essentially the same as they were in mid March when I made my original purchase at HK$4.94 . Since then the company has reported its results for 2010 (excellent) which included an increase in dividend. My average purchase price is HK$5.17 (including costs).

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