Shares & Derivatives
SPH Saga
By ccloh Strategic Investor Zone  •  May 10, 2021
Don't think I need to elaborate on the latest SPH saga as majority of the nation should know by now what has happened.  If still don't know what's going on, just go to any social media network and you can read it up all you can. After the saga, I browsed through my blog and found I actually have 2 posts on SPH.  One was SPH --  A No No No For Me......... on 21st Sep 2017 and the other SPH -- All Times Low Since 1998 !!! on 28th Jul 2019.  Well looking at both the titles, can tell none of those posts are of anything good on SPH. The most interesting one was the post in 2017, yes almost 4 years ago when the share price then was still above $2.50 and now as of 7th May 2021 closing, the share price was $1.52, more than $1 different in the wrong direction.  In that 2017 posts, I quoted 4 main fundamental reasons for not investing in SPH...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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