I have sold off Frasers Centrepoint Trust which I nibbled at 2.07 for some kopi money and have been banging my chest and head as its share price shot up to 2.30. My entry point was at 2.03 followed by a correction to 1.96 and then a surge after news of the end of circuit breaker were released. I decided to sell as my visit to Northpoint City over the weekend reminded me that 2 months of rentals are waived for many of the clothing, entertainment and non-essential shops which are still closed in the malls and its DPU will take a year or so to recover back to above 12 cents. It was a poor trade with poor entry and exit points but anyway that was history so let's move on.
To atone for my sins, I searched for new purchase targets to nibble. Preferably existing solid counters in my...