As I was monitoring the share prices of the stocks in my portfolio, I was cognizant of the fact that the price of Jardine kept on falling.
I was monitoring this very closely and was calculating the cost I had to pay in SGD. As we know USD has strengthened a fair bit against SGD and in USD terms it had went up 3.7% since I bought my first lot a few months ago at USD 57.10.
I decided to bite the bullet and placed a queue order at USD 46.50 when the market price was around USD 46.70. The price went back up and closed at around USD 48 today. Oh well, missed the boat on averaging down on this counter but let's see how it pans out next week.
Based on the data I have analysed from Bloomberg for this company and relying ......