Bought another 4,000 shares of HongKong Land on 27 May at USD3.50
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), 2,000 shares on 21 Feb at USD5.36 (Link) & 1,500 shares on 10 Mar at USD4.65 (Link).
This bring my total holding to 19,500 shares.
Reasons for buying:
1) SUPER OVERSOLD!!!!!!!!! Only PB 0.21
Imagine you could buy an iPhone 11 Max Pro 512GB at SGD 493.29 (RRP $2349) or Samsung S20 Ultra 512GB at SGD 398.58 (RRP $1898), instead of asking 'Would you buy?', I will be asking 'How many sets you would buy?!?!'
Why would you rush to buy a liability that you know will depreciate in value over the next few years BUT not buying an asset that you know will appreicate in value over the next few years?
2) Not too bad result (during COVID) from Interim Statement (28...
