With the recent Dow and S&P hitting the high 16,000 and 1,800 respectively, it seems no stopping the market going higher and higher. This is despite all the tapering noise that we are hearing for months now.
On the local market, we don't seem to have a run-up well above the 3,200 mark on the STI. It seems that markets are lost for directions and there simply no company that can well lead the way for the STI.
One position I've made today is liquidating all my shares for Boustead. I've divested them away at $1.585 for 6 lots and S$1.65 for 1 lot. Overall, this has been a good profits made well over 50% since I've purchased them couple years ago. I think this is a good stock for the long term run by a well managed management but the risk has gone up by a lot ...
...