Singtel – Accumulating as part of my mutated DCA

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As per my previous post in Nov 2016 (click here to see), I’ve chosen Singtel (Z74) as he stock to go on “DCA” (the reason why I bracket it is because my original intention is not to strictly invest every month but rather retain the flexibility to enter as and when I viewed that the price is right). Well, you may argue that I should not even call it DCA (Dollar Cost Averaging), you are probably right, but who cares, it doesn’t really matter lol

Since Wednesday (12/04/2017), for some “good” reason, Singtel share went through a phase of massive short selling, the share price has dropped about 3.5% (from $3.90 to $3.76 at yesterday’s closing). So, I took this opportunity to accumulate the Stock in two tranche (500 @ $3.81 and another 500 @$3.76). In total, I have accumulated 1,500 shares with the average …

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