I've been quite busy lately, as I'm in the midst of having my examinations, so I've not been able to write much.
For November, these are the transactions I made, as well as some updates on the companies that I'm holding:
I bought SingTel at $3.67 last week, which makes SingTel my third largest position. SingTel's special dividend of 3.0 cents from the proceeds of the NetLink Trust IPO was deemed to be underwhelming by the market, hence its share price declined after it announced its third quarter results. I believe that paying out only 3.0 cents may not necessarily be a bad thing, especially if the company is able to invest the remaining cash in better opportunities. SingTel's Amobee had also turned EBITDA positive, which is a welcomed development.
I previosuly wrote about SingTel's dividends here: Are SingTel's Dividends Sustainable?
My reason for buying SingTel was because my cash holdings took up quite ......