Hey guys, just a quick update on what I've been doing - seeing as how blue chips are pretty expensive right now, I've been pouring my warchest into doing a bit of trading while I wait for prices to come down,
In my last post, I liquidated all my Silverlake Axis (5CP.SI) shares after getting a small profit. My intentions were to use the cash I had following the sale to build my blue-chip portfolio back up again. In the following weeks, I saw Silverlake climb past 0.70.
As of today, Silverlake hit a high of 0.73, before closing at 0.70. This price increase comes in the wake of a slight increase in Q4 profits (3% to be exact) and the sale of its shares in Global Infotech, In addition, wholly-owned subsidiary Cyber Village secured contracts to deliver components for customers' tech initiatives.
I've gone ......