Uncle CW8888 asked a very good question: Telcos are no longer defensive stocks with just one add on?
Looking at the charts, it looked like an impulsive downside move to me.
I nibbled a bit more of M1 (I already had some) and some Starhub but not Singtel (at least, not yet anyway).
I also got some hospitality trusts through OUE and Frasers. Why? Because they are sucking balls because tourism is going to do badly. I like bad and horrible stuff, that’s just the way I roll.
I’m also looking at lots of other poop.
Low Keng Huat
Sin Ghee Huat
Cache Log Trust
CapitaR China Trust
Far East …