HSX Forum

Playing & Trading Strategy

UNIVX Shareholder Update: The 50 Shades of Fast and Furious Edition has landed (click for details)

Posted by: Universal FTW (a.k.a UNIVXFund) on Mar 04, 19:53

A couple of stumbles timing 50SHD and 50SH2 cost the Fund some H$ last week, but the damage has been made up and the current short will cash out with a tidy profit commission free profit  in a few days.  Some general info about the Fund:

*The Fund has now surpassed H$60.  If you bought at IPO, every H$1 you invested is now worth H$6.01. An increase of 500% since inception.  The fund has also doubled in value in 2015.

*The Fund has a market cap of around H$1.4 billion and a whopping short interest of .0065%.

*The Fund's largest holding is FFUR7, which makes up about 40% of the total fund value.  I have an adjust target of 301, so I expect to make a tidy profit on this sure-fire blockbuster.

*Universal has an impressive group of big titles coming up in 2015 [FAST7, JURA4, TED2, MNION], so I have now set a target of 100.  I intend to make this a million dollar fund and I hope you are all along for the ride.

Milton aka Initech





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