This isn’t so much of an analysis I feel. it is very clear cut. 2 transportation counters that wasn’t doing very well.
Fundamentals and Economic Moats
SMRT provides the rail transportation that majority of Singaporeans rides on while SATS focus on servicing the regional airports and food catering.
They are very defensive in that they deal with perishable services that has to be undertaken to maintain subsistence.
Decision to buy and sell
SATS (Click to enlarge)
SMRT (Click to enlarge)
- Should you have been vested in these counters from the lows at the start of this rally, your decision might be to ride out the horse throwing you off this bull market. Whatever profits made might go back to zero but you will be able to collect more.
- On the other hand, nothing beats earning your dividends early. Watching your capital shrink to zero and then go negative after 2 ...
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