Shares & Derivatives
Accumulating Singtel (Z74) Amidst The Perfect Storm
By Invest Openly  •  February 4, 2018
For the past few weeks, I've been accumulating Singtel (Z74) in a few tranches as part of my mutated DCA (see my earlier post here and here for more details). Did a stock take today and noticed that I've accumulated 7,500 shares with average price of about $3.60. At the time of writing, it is closed at $3.49 (means I am still sitting at a paper loss :-)). This is before the seemingly upcoming perfect storm, starting with the biggest single-day drop since 2008 at Dow Jones yesterday (Friday, 02/02/2018). Dow Jones dropped 665.75 (2.54%) and closed at 25,520.96. Hence, I foresee that when Asian market open on the upcoming Monday, it will be a sea of crimson (just like Cryptos market in the past few days/weeks). Well, I think market correction has been long anticipated, or overdue for quite a while, so, 2018 ......
Read the full article
By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance