$Delfi(P34.SG)
Context: The consumer staples sector in Southeast Asia is facing margin compression driven by elevated raw cocoa input costs and softer regional retail demand.
My trade: Holding shares of Delfi (P34) at an average cost of 0.793 SGD, managing a drawdown of -11.09% as the market price currently hovers around 0.705 SGD.
Takeaway: Next time, I will set pre-defined position limits and re-evaluate cyclical commodity cost pressure on FMCG margins before adding to a value position.
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