Python programming

I decided to learn python programming.

Programming is not my forte. In my life till date, I took only one computing module (think it was C++ programming) during my Uni days. Everyone around me said it was easy and Aced it. I got a B- which was very bad. That was 20 years ago.

Till date, I do not know how to write a macro, so essentially you could say I have completely zero knowledge on computing.

I decided to embark on this as it is the new thing on the block. And it could come in useful in future as there are a mad rush to go into data analytics. I understand python can be used for a variety of stuff and since it is free, why not. One main reason for going into python is because the program is free. I thought of going into others, but the programs are not free.

Started by borrowing ebook from NLB and installed the programs.

so far, I am taking it easy, my goal is to spend at least 30 mins on it on everyday. Starting from zero.

Who knows, i might be able to use it for investing in the future. 

Recent events

I have not been writing the past 2 weeks as I was busy with work and stuff.

Recently, there was an announcement of the proposed SCI (Sembcorp Industries) demerger plan with SMM (Sembcorp Marine).

I hold 12k shares of SCI. Some thoughts I had prior to these, were whether I should let go of the shares at a loss. My average price was $3.

SCI shares were trading around 1.50ish. But I decided to hold on as I truly believe in the potential of its utility business.

After the demerger news was out, I decided to wait and see.

Should the demerger proceed, I could end up with 50k SMM shares.

To me, how I evaluate this is, if SCI shares hover to 2plus and SMM maybe around 10cents after the rights. I would hold on to both till prices recover. With Temasek backing, SMM would likely survive.

If the deal does not get passed, I would continue to hold on to SCI.

Loading up shares

I was 28k short of investing 50k in stocks this year.

Last week I began loading up on Boustead. Why not? Since it was 60 cents, a drop of 30 cents when I last bought.

I had been waiting for singtel and city devt shares to drop, but they didnt.

So i changed my tactic and decided to look else where.

I bought 10k of boustead at ave 0.61.

Next I came across QAF. Though it was not highly profitable and profit margin was low, it had some brand names under its belt that are household name like gardenia.

I decided to buy 5k of the stocks.

Total am 9k down. So my target would be to invest another 19k into stocks.