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Journey To Retirement Part 7.3 — KepCorp
By ccloh Strategic Investor Zone  •  August 12, 2022
Finally total divest of KepCorp at an average price of S$6.2273/share. After invested in 2010 and with a holding price of S$7.4156/share, the divestment translated to a capital loss of 16.53% but a dividend return of +54.93%.  This gave a net profit of 38.54%.  For the period of 12 years, the divestment registered an annualized loss of 1.49% if excluding dividend but a +2.75% if inclusive of dividend return. The reason for divestment of KepCorp like that of SingPostSIA-SATS and Genting is part of the Investment Portfolio Restructuring which was started in December 2021.  This divestment also marked the completion of the restructuring. Unlike SingPost, SIA and Genting which has a rather uncertain and questionable fundamental going forward, KepCorp's fundamental is relatively more positive than the other 3.  This is due to the Keppel Corporation Vision 2030, which the management put up in 2020 to transform KepCorp business going forward....
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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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