Harvesting profits

STI is stalling around the 3,000 level, and I thought this would be a good opportunity to take some profits off the table and wait for the inevitable correction to add positions back. However, it is not my policy to be too active in the markets. I am taking profits only because these stocks were either meant for trading, or I did not feel comfortable holding on to them anymore as I had bought them at the wrong price.

Trading Portfolio Gains:

Stock	Price Bought	Price Sold	Realised Gain (%)
ICBC	4.22	5.47	+29% over 3 mths
Anhui	24.80	28.00	+13% over 3 mths

Long Term Position I am disposing as I feel I bought at the wrong price:

Stock	Price Bought	Price Sold	Realised Gain (%)
Sembcorp	4.85 (too high)	5.11	+5% over 6 mths

The remaining stock in my trading portfolio, Yanzhou, I am waiting to sell over the next few days at breakeven.

For Noble and NOL (both long-term portfolio), I will be holding on.

On my watchlist:
Wilmar