Increase position on UOB

On 12 of June 2020, bought another 300 shares of UOB at $22.30 per share.

Have been steadily increasing position on DBS and UOB since January 2020.

Will either await the next financial result or the price for both banks to reaches a new low or whichever is earlier to add more.

I still have ammo left just in case Mr Market decides to turns south again. 

Coincidentally, 23 March 2009 and 23 March 2020 was the Market low and 23 March was also the death anniversary of our Singapore founding father; Mr Lee Kuan Yew.

Times files and we are half way through 2020, at the point of writing , China Beijing have 57 Covid 19 cases which lead to designate lockdown on certain residential area in Beijing.

According to China infectious diseases expert, the discovery of Covid 19 virus strain in Beijing is a different strain that previously appears in China which is a cause for concern.

Nonetheless , I am confident that China will control it eventually.











Comments