Shares & Derivatives
Journey To Retirement Part 1.2 — Genting SP
By ccloh Strategic Investor Zone  •  June 11, 2016
2016 is the 10th year that I have vested in Genting SP share.  Bought into it in April 2006 after knowing that Singapore was going to build 2 IRs then and Genting SP was one of the company going to bid for one of the IR.  This will be the 2nd longest stock I have ever hold in investment with SingTel being the longest after holding for 14 years from start of IPO in 1993 to 2007. I was pretty confident that Genting SP will be involved in one of the IRs back in 2006 after the Government decision on building 2 IRs.  The IR concept back then was pretty new unlike the tradition casinos in Macau or Malaysia or other part of the world.  Then somewhere in October 2006 when Genting SP submitted its proposal for the Sentosa IR with the inclusion of a Universal Studio Theme park, the ......
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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