Market Review and Trends
STI in retreat: Sound Global, Golden Agriculture, Keppel Corporation and REITs.
By A Singaporean Stockmarket Investor (ASSI)  •  November 1, 2011
STI 2,789.35 - Down 66.42 pts.
Not a pretty sight, is it? Scream in panic? Run around in circles? Sell everything and jump off a cliff like lemmings? There is plenty of fear. What should I do? Stay calm and look out for opportunities. I have spent time looking at various counters and I will talk about a few here. More than two years ago, I went in big on E-pure, the current Sound Global, believing that the water industry is the logical beneficiary from constant efforts by governments around the world to improve water quality for their people. China is still underinvested in this area and Sound Global is a natural beneficiary.
Sound Global's share price touched a low of 40.5c in the recent sell down. As I got in at 20c more than two years ago, I was wondering if the price could go lower. After all, we can't tell ......
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By A Singaporean Stockmarket Investor (ASSI)
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