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SRS Portfolio – 3 Oct 2020
By Mr. IPO  •  October 3, 2020
The SRS portfolio remained the same, with the biggest unrealised "loss" still coming from Starhill Global REIT. In my post last week, I blogged about AEM Holdings. One of you asked if I bought AEM for my SRS during the week, the answer is no but I managed to do a quick trade during the week, where I bought at 3.55 and let go at 3.85. The incessant selling by the ex-CEO is definitely not helping to instil any "confidence" in AEM and it closed at $3.55 on Friday. I have included the share price chart of AEM Holdings below. The first support zone will be the $3.30 to $3.50 area, with a stronger support zone around the $3 to $3.20 area. The stock markets will be volatile in October As you would have heard by now, Donald Trump tested positive for Covid-19 and the market started to sell down (not that he is exactly a great president)....
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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