I have mentioned before that I like Hutchinson Port Holdings Trust and I have some investments in this counter. Yesterday (3 January 2014), as all the other STI counters retreated south resulting in the STI heading south by 1.36%, one stock closed flat and this stock is none other than Hutchinson Port Holdings (HPH) Trust. This shows that Hutchinson Port Holdings (HPH) Trust is quite a resilient stock.
I mean Hutchinson Port Holdings (HPH) Trust has reasons to be resilient for it is believed that the tapering measure in Dec 13 is just the beginning of more tapering of the Quantitative Easing to come. Mr Bernanke, the chief of the US Federal Reserves has just said that there should be more measures to cement US economy. So what does this mean to retail investors? This means that the US economy will be recovering, the US dollar will rise in ......