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.
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