Shares & Derivatives
Portfolio Update- Divestments and Seeking New Gems in a "Fairly Valued" Market
By Investmoolah  •  September 7, 2017
It has been a while since the last update of my stock portfolio. Th main reason is because I have made a few transactions over the months. Divestments Penguin Holdings – Sold all remaining 25,000 shares. This brought to the end of my infatuation with Penguin believing it was then riding on the oil boom in 2014 and being a low leverage company Ezion - Sold 24,000 shares at 0.26 however my CPF portion was not sold and now I have to await the debt talks before deciding. The irony is that I had sold off my Ezion shares via CPF at 0.26 and bought it back at 0.22 as I sensed a trading opportunity (should have sold off and not bought back) Silverlake Axis- Sold off at 0.620 before ex-dividends. This is because I believe the company is now fully valued and cash flow ......
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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