I’ve had a rather busy week so I didn’t update much about the transactions which I’ve made for this week. I made quite a few of them and I will update them in my next portfolio updates.
I added 7,000 shares of CDL Hospitality Trust at $1.31 after the company announces its third quarter results on Friday morning.
This is something which I’ve kept in my watchlist for quite some time and failed to get them earlier in the year. Still, I am glad to be able to add them for what I thought to be at a decent valuation.
Since the company has announced its third quarter results, I’d also go through them a bit in this.
The portfolio is highly concentrated in the Singapore market, even though they had ventured out in recent years to various areas such as Maldives, UK and AU in order to diversify …