On 12 March 2020, bought 300 shares of DBS at $20.51 each.
DBS share price had plunge steadily and its valuations is attractive now.
As I cant predict the bottom , I will buy DBS & UOB in batches.
$20.06 is a strong support for DBS and let see whether it can hold up to that price, else we will see a lower share price soon.
A second relief package for Singapore is in the making & very likely our reserves will be use & I expect it will be a huge relief package.
On the same day, sold 10,000 shares of Mapletree Logistic at $1.81 each to load ammunitions to purchase more bank stocks.
US Treasury 10 year & 30 year bond yield is at all time low which means investors are buying US treasury bond to park their money in a safe haven.
This naturally translates into dumping of high risk asset class such as...