On 25th June 2019, sold 9,000 shares of SingTel shares at $3.46 per share.
The move is to reduce my enlarged position on my SingTel & redeploy the capital to REIT.
After I sold ,the price reach as high as $3.52 and retraces down.
I might sell another 3,000 shares of SingTel before it goes XD on 26 July this year.
SingTel still remains my second largest holding after reduced position.
It also known that SingTel board will unlock its investments in Trustwave, Videology & Amobee when the time is ripe.
SingTel has spent approx. $1200 million on acquired those investments & till now all are loss making investments even with increased revenue.
The move is to reduce my enlarged position on my SingTel & redeploy the capital to REIT.
After I sold ,the price reach as high as $3.52 and retraces down.
I might sell another 3,000 shares of SingTel before it goes XD on 26 July this year.
SingTel still remains my second largest holding after reduced position.
It also known that SingTel board will unlock its investments in Trustwave, Videology & Amobee when the time is ripe.
SingTel has spent approx. $1200 million on acquired those investments & till now all are loss making investments even with increased revenue.
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