Breakout Immiment, page-194

I have been a longish term DVI holder and huge believer in the company.

Any flick through my posts will see I was in well before FF discovered them at an average 1.4c price. A large holding for me.

I've sold a significant chunk over the last week at between 3.9 and 4c.

Nice profit and the much smaller parcel is free carried to boot.

So I still have access to upside potential, but a few niggly issues bought about my selling.

Firstly, I used the BYOJet site again and was not so impressed. Kids prices were just wrong ($1800 each to bali) and overall, it just looked and felt a bit amateurish. Going direct to the carrier website got me cheaper products.

Secondly, new apartment property sales will slow significantly in any property downturn, and so far they have had a perfect storm of property boom and Chinese buyers. These are cyclical and will not last (ending now?).

Even overseas holiday bookings will be affected by the low $A and economic woes in Australia.

So growth in both businesses MAY slow. My opinion only.

So I'll sit them out for a while and watch their progress with interest.

Milesy