Shares & Derivatives
Stock Incubator — Valuetronics, the Sell Down
By ccloh Strategic Investor Zone  •  April 30, 2018
Stock price of Valuetronics has taken a tumble since 20th April 2018 and fiercely sold down on 26th April 2018 due to reaction of one of its major client, a Dutch MNC reporting sub-par sales performance from its smart home lighting division, mainly in the US. However, it also mentioned the sales should normalize in the second half of the year upon inventory destocking.  Then on 27th April 2018, the sell down continued with the stock hitting an intra-day low of $0.64 before closing at $0.68, back to the price level a year ago. Valuetronics is one of the stock in my Stock Incubator portfolio since June 2017.  I did not pay a single cent to own the stock and just early this month I strategically increased the holding by 20% at $0 cost.  The fierce sold down did not affect me as I have ......
Read the full article
By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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Your email address will not be published.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Your Email Address will not be published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