Shares & Derivatives
ComfortDelgro: Why my thesis does not hold true anymore
By Finance and Toast  •  January 18, 2021
Investing is personal. It is hard to determine whether one’s decision is right or wrong. Because, how sure can we be? I am a person where I have to at least like or love the company to some extent before I buy it. And when I sell it, the reason why I bought it in the first place must not hold true anymore. Most people say it is best not to be emotional when it comes to investing. However, I believe there must be some form of emotional attachment to it. ComfortDelgro was a stock that I like very much last year. I bought it on the premise that:
  • Global travel and activity will resume
  • Share price at June/July 2020 levels was near post 2008/2009 GFC crisis low
  • ComfortDelgro’s share price recovered 75% in 8-10 months post-SARS
  • Fundamentally, it is still a sound company and is one of the largest land transport companies in the world
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By Finance and Toast
Hi, my name is Vincent and I’m the founder of Finance and Toast, a website which aims at documenting snippets of my life and also all things related to personal finance and investments. I started this website as a platform to share investing ideas with like-minded individuals. I was interested in the stock market since the age of 18 and I enjoy understanding more about different investment philosophies and its unique way of looking at things. I love contrarian ideas and am fascinated by well-run companies and leaders.
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