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A Quick Update and Photos Sharing
By STE's Stocks Investing Journey  •  December 15, 2020
Market sentiment continues to improve with good news from vaccine approval by US FDA and hope of more stimulus package. STI has rebounded strongly from 2400+ in early Nov to above 2800+ now, moving close to -0.5 SD level. I don’t have any buy or sell since the last update but some positions change due to price movement, e.g Public Bank move up by 7 positions due to price appreciation by almost +17% after it announced bonus issue of 4 for 1. Although this is quite irrational as from financial and fundamental’s perspective, everything remains the same, it just that the price may become cheaper after you are getting more shares and it may also improve company trading liquidity since more shares will be available. But investors seem got excited with such news, ummmm ....so maybe DBS / UOB should follow suit to have bonus issue and we may suddenly see price increase by 10+% with just a “magic announcement “ !! :D  ...
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By STE's Stocks Investing Journey
Hi Everyone ! is me STE, I would like to start a blog to pen down and document my thoughts on stocks investing and also “talking to myself “ on some issues relating to investing ideas / world . I will try not to mention any particular stock in my blog post as it is very hard to do any “prediction or forecast “ of future or stock's movement and also this may attract unnecessary dispute / incident if anything goes wrong .. I will be using more graphic / chart / table / quotes to explain my thought and ideas as “ pictures worth more than thousand words “ ,, the most important things is …I don’t really good in explaining things in words.. haha .
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