Shares & Derivatives
Hutchinson Port Holdings stock
By Singapore Stocks Investing (SSI)  •  January 24, 2014
I sold off Hutchinson Port Holdings stock this afternoon at USD $0.67. I have bought this stock at USD $0.68 in December 2013. I sold off the stock as the performance of this stock did not really meet my expectations and looking around the market, I saw some good stocks oversold and hence I thought of liquidating the capital in my Hutchinson Port Holdings stocks for investments in these stocks as well. My sales in Hutchinson Port Holdings stocks was helped by the rising USD-SGD rate. When I bought in December 2013, the rate I bought was 1 USD=1.25SGD but now when I sold the stocks today, the rate was 1 USD=1.27 SGD. I free up close to 20% of my total portfolio for future investments in those stocks which I have mentioned, hence even though my non-profits was the cost of a standard restaurant meal, ......
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By Singapore Stocks Investing (SSI)
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