Bought DBS & UOB

On 24th of January Chinese New Year Eve, bought 1,000 shares of DBS & 1,000 shares of UOB at $26.20 & $26.36 per share respectively.

I will be mostly adding bank counters for this year & keep a look out for  healthcare reit & mapletree reits if the price retraces.

As for CapitaLand Retail China, I will initiate a position after the virus can be contained.

The new coronavirus is creating widespread of panic across the globe with surgical masks being snap out of stocks and at the same time medical related stocks such as Medtecs Intl & Top gloves share price reach all time high but as usual i will avoid these speculative stocks.

As of now, Singapore have 16 confirmed cases and currently Singapore government are handling well in this crisis & I believe Singapore will be able to tide over this epidemic crisis.

China also are doing a very good job to lock down 13 cities in Wubei province to prevent further virus transmission which I think is essential to contain the virus.

In the past ,China manage to control & contain epidemic dating as far back during 1910 the black death plague in Northern China & SARS and for this time they will do it again too and hopefully by this year July, the virus can be contained.

In the face of adversity ,Wuhan residents chanting & shouting from their residential balcony to cheer themselves with the fight against the virus. It was a beautiful & touching moments for humanity.

新加坡加油!武汉加油!

Wuhan residents chant "Jiayou" for city to persist in face of adversity

https://www.youtube.com/watch?v=EBUa3WkStFg










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