I have a confession to make.
You know about the SGX stocks related to the oil and gas sector with falling share prices? The darlings of yesterdays like Keppel Corporation, SembCorp Marine and SembCorp Industries? The very ones with juicy yields right now?
I’m invested in those.
You know SGX stocks that were targeted by heavy short-selling in December 2015 and January 2016? Yes, these commodities related businesses have had it pretty rough these couple of months. Google for the battered share prices of Wilmar, Golden-Agri Resources or Noble Group and weep silently.
I’m invested in those, too.