I’ve been hunting for the next gem ever since the divestment of Hock Lian Seng and Metro Holdings. My portfolio currently holds a large proportion in cash, but I’m in no hurry to reallocate capital unless I find a compelling opportunity. In the meantime, I’d dabble in selling options and Forex.
Logically, the 1st and easiest place to hunt for opportunities is to revisit some of my previous investments. Asia Enterprises Holdings (AEH) is one such case. The advantage of revisiting previous investments is that I don’t have to spend an additional 2 months researching on the background and the qualitative aspects. I just have to update myself on what has happened.
I invested and subsequently divested from AEH some 4-5 years ago, having accumulated at around $0.19 and divesting at around $0.23, excluding dividends. AEH was a great dividend payer then, now, not so much.
It helps ......