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Why I Sold SBS S61
By Wealthdojo  •  February 15, 2021
This certainly did not age well. Previously, I wrote about Potential 50% Gain Boring Company: SBS S61. I had full optimism that this overlooked company would recover back to it’s usual level by finishing 2020 with a good 2H results. I was wrong. Below are my learning lessons and the reasons why I have sold. I remain ground on my principle of Wealth Management and will explain the reasons of doing so. What Happened In Oct 2020? I read about the 1H results for SBS (S61). I felt that during 1H of the financial reporting, bus ridership was heavily. This is due to the circuit breaker which started on 7 April 2020 and ended on 1 June 2020. The circuit breaker lasted for 1 month and 3 weeks. I believed that close to 30% of the revenue was “lost” because of that circuit breaker (1 months and 3 weeks out of 6 months). Why I Sold SBS S61...
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By Wealthdojo
He used to shy away from crowds and presentations because he was always afraid of making mistakes on stage, saying the wrong thing and boring the audience. Until one day, one of his friends said this that changed his entire life.”Thanks for your sharing last week
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