03/24/2024
For Portfolio III
Close position and invest in index ETF/Cash
Cracker Barrel Old Country Stores Inc (CBRL).
Use the processing to invest in index ETF or stay in cash in Portfolio III.
Cracker Barrel Old Country Store's business is stabilized after pandemic, but its business growth is not on a good spot. At the current level of dividend payout, we believe that CBRL is not able to increase its dividend unless revenue growth is improved.
Again, concentration investing involves higher risk of significant loss without the protection of diversity.
Each individual investor should always consider their own investment goal, risk tolerance, investing span and objectives for their investment positions. Investing in securities involved the risk of total losses. Investors should always consult with financial professionals.
04/06/2022
Axos Financial (AX), Cracker Barrel Old Country Store (CBRL), Signet Jewelers (SIG)
Decrease current position by 30% for the following securities
Axos Financial (AX)
Cracker Barrel Old Country Store (CBRL)
Signet Jewelers (SIG)
06/28/2021 - Axos Financial (AX) and Cracker Barrel Old Country Store (CBRL)
•Reduce the position of Axos Financial to 10% of the portfolio
•Reduce the position of Cracker Barrel Old Country Store to 5% of the portfolio
•To increase cash position for further investment.
04/24/2021 - Axos Financial and Cracker Barrel Old Country Store
•Reduce the position of Axos Financial to 13% of the portfolio
•Reduce the position of Cracker Barrel Old Country Store to 10% of the portfolio
•To increase cash position for further investment.
It is hard to operate a business, but it is ideal to own a company and to have operating cash flow in hand for business investment.
Surely, owning 100% of Axos Financial or/and Cracker Barrel Old Country Store would have provided the ability and opportunity of utilizing the operating cash flow generated by revenue for further business expansion and other investments.
Sadly, individual investors don't have such privileges. Again, the best way for individual investors to have cash for further investment is dividend paid out from shares owned or capital from selling current investment; otherwise, debt is one more way to have cash (or other investors willingly put their money in your hands to manage).
It just the way it is and beware the tax consequence for trades.
02/13/2021 - Axos Financial and Cracker Barrel Old Country Store
Reduce a few percentages of positions for both Axos Financial and Cracker Barrel Old Country Store. The purpose of reduction for both securities is only to increase cash position.
06/05/2020 - Cracker Barrel Old Country Store Inc
The result of the third quarter of 2020 is better than expected.
03/18/2020 - Cracker Barrel Old Country Store Inc
Increase investment in CBRL for an amount equal to 15% of current portfolio value.
03/17/2020 - Cracker Barrel Old Country Store Inc