I like to call myself a buy-and-hold long term investor. But as the year draws to a close, I find myself behaving more like a trader. Heck, there’s actually 4 transactions this month! I know that’s not a lot to many of your but I seriously can’t recall any month when I have been more active in my trades. On 20th Nov, I bought 2 lots of ST Eng @$3.36 to average down on my earlier position. There’s some bad news with regards to their aerospace division but I reckon that a P/E of 18 for such a defensive business that could still be growing was hard to beat. I also bought 7 lots of Kingsmen @$0.93 yesterday for a business that is steadily improving and I thought the stagnant prices offer a comfortable entry point. I also bought 1 lot of Dairy Farm@$9.04 on 2nd Dec. ......