Sunday, September 30, 2018

New pickings

The year 2018 is drawing near to a close.

This year I sold off Hong Leong Finance, and Capital and,  bought 10 lots of Singtel. All using CPF.

I bought 9k shares of sembcorp industries using cash.

Am scouring to look for a new stock to buy in 2019.

Aimed SIA and ST engineering.  Both had consistent dividends.  SIA eng had very little debt.

Initially I had wanted to compulsively conclude SIA eng is a better buy but when I dug further.  Its core business is dwindling....that is a red flag.

As Warren Buffet had said,  no matter how good the management is,  a company with bad economics will outlive the management.

So SIA eng is out for me.  Will study St eng in details.

Monday, September 10, 2018

Stocks slipping lower

With the China US trade war raging,  stocks are jittery.

Keppel corp has dropped to 6.36, sembcorp 2.83, singtel 3.1, still waiting for them to drop further.  Meanwhile am trying to save money so that can be prepared to go into market.

Keppel corp - waiting for it to drop to $5plus.
Sembcorp - $2
Singtel - $2

I don't have to do anything