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SOLD: Keppel Infrastructure Trust & Added: ST Engineering
By CompoundingDividendxDividend  •  May 20, 2020
Sold my 116,000 shares of Keppel Infra Trust on 19 May at $0.51. Total profit of $5401.79 (10%) in 1 month. Reason for selling: Limited upside in this Volatile stage I love Keppel Infra Trust for its stability in term of high dividend payout as this stock is still Business as Usual in this COVID era. Thus, the share price swing back up quickly (Nice V shape recovery). The 52w high is $0.56 (10% more to reach 52w high). Given this volatile stage, alot of stocks have not reach back pre-COVID price still, especially in Retail, Hospitality and Airline related industry. So would like to use this chance to go for Capital Gain instead of focusing on dividend. Bought 20,000 shares of ST Engineering on 19 May at $3.31. Reasons for buying ST Engineering: 1) Essential company in this COVID era The Management foresee that FY2020 revenue to be between 5~15% lower vs FY2019 This is...
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By CompoundingDividendxDividend
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