Bought another 2,000 shares of HongKong Land on 21 Feb at USD5.36
This is in additional of 10,000 shares bought on 1st Aug 2019 at USD6.10 (Link) & 2,000 shares on 29 Aug 2019 at USD5.44 (Link).
This bring my total holding to 14,000 shares.
Reasons for buying remain mainly the same as above.
HongKongLand will be announcing their 2019 Financial result on 5th Mar (Thur).
Given the COVID2019 virus suitation + HK riots + potentially economic downturn, still expecting HongKongLand to declare at least USD0.13/share of dividend.
As for their giant winning bid of new Shanghai site (USD4.4B) (Link), given management past track record, this will be a very good addition to HongKongLand portfolio in the long run. Patient is required for this to bear fruits.