I initiated another small position im another developer, this time Ho Bee Land for 10,000 shares at $2.51.
Some of you may have recalled that I used to own this company in the past (See Here) which I have since divested so it is not a company which I am not unfamiliar.
In any case, I have re-initiate the position for another short-term momentum play given how aggressive the developers are in the market these days doing their restocking of their land bank.
- Recurring Income Stream of prospective $150m