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SingTel Trade

on November 22, 2015

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Bought 10,000 shares of SingTel on 6 Nov for a quick trade.

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Singapore Press Holding Annual General Meeting 2016

The cold weather and drizzling rain dampen my mood , forced myself to attend this AGM and was expecting low turn out due to the weather & no Bento set was to be provided as notified by SPH. To my surprises, the turn out was great though many lamented the lack of food.Surely enough the first question thrown to Chairman Lee was why did SPH could donate 350 thousand for charity , sponser musical event and ScholarShip award every year but was petty towards Shareholders for a once a year AGM event . Some shareholders even suggested to give NTUC vouchers for lack of food and the whole auditorium burst out into laughter. Lee's clarified the decision not to provide foods was not monetary issue but instead his intention is to encourages dedicated shareholder to attend the AGM. With regards to donations & Charity works, he uses a Chinese proverb “取之于社会，用之于社会” to emphasize the importance of being a social responsible Corporate Company & 1 % of the Company net profits wil

Trading or investing

Like many other ppl who trade, the thrill of making huge profits within a short span of time intoxicated me. Somehow is a addiction, like taking drugs, once we get the hang of it ,we cant shake it off. For a while, i was obsessed in making risky trades and it did reward me well but sometimes i got whack down too. However it gave me a new perspective on how we should grow our money in a sensible and conservative manner. I will like to share 2 of my speculative trades here; Genting SP & UPP. Genting SP, the well known stock for punters. I short(sell first) the stock at $1.77 and cover back (buy back)at $1.74. A gain of $0.03 gave me a net profit of $2070.45 in a duration of 1 hour and 14 mins. Of course, there are seasoned traders who can earn more than this. Now we move to UPP. I bought UPP at $0.425 ,hoping it will rally up but it did not. To cut loss ,I sold off at $0.405. A loss of $0.02 resulted a loss of $2264.21 in a duration of 1 hour. From above, only one have huge deep pock

Further Increase Position On DBS

On 16th of March 2020, bought another 300 shares of DBS at $18.81 each. I cant resist the urge to buy at such a good price and this is the fourth time I added DBS since January this year. Now the Market is having a great fire sale & with limited dry powder on hands, we have to be focus which stocks to buy. Currently, China Covid-19 new infection rate is zero which means China containment strategy works With other countries like Iran, Italy Malaysia follows suit to lockdown their countries further prove China success. A 2nd medical expert teams from China had arrived in Italy as Italy is the most hard hit nation in Europe. Ironically China is once the epic centre for Covid -19 had now become the World most safest place to be in. It will be no surprise that China will take the lead in eradicating Covid-19 around the globe which is a rare opportunity to extend its soft powers. A relook in Capital Retail China Trust is worth considering now which is sooner than I expected.

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SingTel Trade

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