Shares & Derivatives
2nd Day Lucky – Sembcorp Ind
By Passive Income Farmer  •  December 17, 2014
I have always wanted to buy Keppel Corp and Sembcorp Ind.  They are some of the premium brands/stocks in Singapore.  However, the prices are high and their yields are not that attractive. There are also many associated risks with the stocks, such as oil prices, stiff competition, etc. But with the current sell down, they are suddenly looking very attractive and within reach. I think Sembcorp Ind is a safer option.  It has a good utilities segment that provides regular and consistent incomes for the company. And as oil is a depleting resource on the energy thirsty Earth, its price cannot be depressed for a very long time. I initiated "buy" for Sembcorp Ind at $4.06 yesterday but was not successful.  I tried again for 1 lot today at same price and the order was filled in the morning.  Afternoon, the price kept moving ......
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By Passive Income Farmer
40 years old Singaporean, wanting to add more passive streams of incomes.
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