Sharing cut losses experience

I have cut my losses entirely a year ago.

I have hold it for at least few I think more than 4 or 5 years and is one of the top 30 shareholders as the free float shares if I remembered it correctly less than 10m. So not difficult for one becoming their top 30.

When i bought i see they have significantly reduced debts after the restructured and sold non core brands, reducing outlets which is not performing, inventory has reduced, OCF positive and they have started paid dividends.

My reason of cutting the entire stakes is because I saw their inventory increased again white top line has stagnant with debts increased again. I couldn't forsee their market position and growth where the growth of population is decreased and I judged the management couldn't increased their market position.

They have ventured into Indonesia I think last year but can't see the results in top line growth or not shown anything in their QR.

I might be wrong, and I have done many mistakes. Trade at your own risk.