- Buy DBS at 19.73
- Reasons
- DBS fell to a reasonably attractive valuation (1x PB), quite close to the March levels.
- I didn't buy DBS then was because in this recent crisis, unlike the rest DBS valuations actually didn't fall as much as the other crisis. Probably due to the fat dividends they are paying out, although dividends are capped now, mean reversion will definitely reward me in the long term.
- DBS has the largest China exposure which is hopefully a good thing too.
- I am considering UOB but I am undecided.
- I bought DBS for my CPF too.
- Reasons
I finally published on Seeking Alpha, you can check out my first article here.
Learnt a lot while doing so, hoping to publish more. This helps in both creating a secondary source of income (something like Freelancing) as well as improving my own thought process and knowledge.
I have also been working on something else concurrently and hope to finish it by the end of year.
