81 shares is a very small stake so I wouldn't worry. As it stands you've an unrealised paper loss of only £80. I have 1,000 shares as part of a diverse portfolio and can see no reason to sell right now.
Earlier this year bought 81 shares around 500p. Was prepared to hold long, but since then trend has been downward. Have been waiting for more news but now wondering if I should cut losses. New to trading so would appreciate any views as to long term forecast...
Alex Wright, UK Smaller Companies fund manager picked Braemar Shipping Services, which has the rights to a number of cruise ship berths in the Thames – and will benefit from cruise liners wanting to moor up in London during the Olympics.
"The principal forces working to re-balance the fleet are the continuing growth in demand from Asia for energy and raw materials and the scrapping of older ships. However, the pace of correction is difficult to assess because of the uncertain macroeconomic picture. In this environment shipbroking activity is likely to remain high but with continuing pressure on margins," the group said in a statement.
"Braemar is well-equipped to trade in the competitive and challenging markets," Hearne added.
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