Invest
Journey To Retirement Part 20 — InnoTek
By ccloh Strategic Investor Zone  •  May 18, 2021
Added InnoTek to the Strategic Section of the Investment Portfolio.  This is the first stock that is not a Reits in the Strategic Section since 2015.  At first was thinking should it be put into the Incubator Portfolio but since its business is quite similar to Valutronics, it doesn't make sense to put it there.  Thus, placing it in the Investment Portfolio.  Next, given that am intending the accumulate at $0 or minimum cost, thereby putting it in the Strategic Section is more appropriate than the non-Strategic Section. Company Background The Company was incorporated in Singapore on 28 November 1995 under the name of Magnecomp International Pte Ltd and adopted the name Magnecomp International Limited when it was converted to a public limited company on 6 December 1997. The Company was listed on the Mainboard of the SGX on 7 January1998. The principal activity of the Company is that of investmen...
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance