After taking a break to consolidate my thoughts and my stance towards investing, made a couple of changes to my portfolio.
Surprisingly, i have made my single largest equity purchase this year it was a stock that was not even on my watchlist before the hiatus.
However, i guess i have decided to go bonkers to take some risk that is unwarranted for.
(Praying that things will work out)
Details about the Counter
SGX Stock (Lol i know, its the boring sgx again)
Market Cap : Less than 100 million SGD (Lol i know up to trying to play small and micro caps again)
Industry: According to SGX, it states automobiles & auto parts as well as tires & rubber products but actually to me its more of property development as the main business and there are other side business such as selling industrial goods.
Profitability: Unprofitable since 2019.
So why did i purchase the counter?...