I will keep this short.
I sold off all my Bukit Sembawang Estates (BSE) shares AGAIN.
Anyone who has followed me knows that I have previously invested in BSE and earned a profit. I also refer to it as my "ex."
I recently re-entered BSE and wrote two articles about it (Part 1, Part 2).
My main thesis was that the BSE will pay a 33-cent dividend.
That, however, did not occur. Only a 16-cent dividend was declared.
It just seemed like an "ex" that you got back together with but then cheated on you again!
As a result, because my theory no longer holds, I chose to sell all of my shares for a very small profit.
Aside from the fact that the thesis is no longer valid, I also wanted to hold more cash at this time because the US market is in a slump.
After all, cash is still king....