Sold my position in ABF

9/7/2019 
Sold 1048 units of abf at $1.158. Take back $1213.58, taking in the dividends I got around $39 in profits which is around 3.3% from 2018-May to 2019-Jul.

I also stop the rsp for ABF to take in more cash in order to buy into other stocks that I am interested but I will still continue the rsp for ABF.

On my watch list now have 
Koufu
Sheng Siong
Nam Lee
Sats 
Fraser property
BreadTalk 
CapitaLand Limited
Dairy farm 
Haw Par 
F&N
Sbs transit
Sgx 

Due to my limited capital I can only buy in 1 stock at a time. Currently, most of the talks are quite expensive except BreadTalk and dairy farm that are down quite a lot. However, BreadTalk valuation is still quite expensive compare to her peers. I will be taking a closer look at BreadTalk if it goes cheaper in the future I might buy into it.


Comments

Post a Comment

Popular posts from this blog

50k net worth achieved

 I am 22 this year and about to ord in august. Since 19, I had a goal to accumulate 100k by 29. I gave myself 10 years to reach this goal.  In the past few years, I have been working on some part-time jobs and internship. After enlisting, I got a steady income of around $800+ per month and $300 from my parents as allowance. I decided that I would like to save and invest a large portion of the money and live frugally like how I was during my poly time. My goal is to accumulate 50k net worth by ord. Today as of 26/07/2022, my net worth finally hit 50k. I save and invest around 1k per month since I enlisted, for the past few months my net worth has been quite stagnant due to the correction in the market. However, these few days the markets bounced back and right now with the paper profit I hit 50k. Of course, paper profits fluctuate a lot. It might be a short-term thing. What is more certain is my dividends, my dividends from stocks rise from $37 in 2019 to at least 1.2k in 2022(...
Read more

Added another 600 shares of MINT

 Bought 600 shares of MINT at 2.53, lowering my cost to 2.606. The latest Q3 results is very impressive, yoy and QoQ dpu growth. Tdy mint drop around 3-4 percent, it such a steal for me since now based on Q3 dpu is 5.5%. At FY2020 DPU of 12.55 it will be 4.96% /4.81% At 2021Q1 DPU of 0.0335 it will be 5.29% / 5.14% At 2021 Q2 DPU of 0.0347 it will be 5.48% / 5.33% At 2021 Q3 DPU of 0.0349 it will be 5.51%/ 5.35% Now my cash is just nice around 20%. Looking to add more ASCENDAS and fct but will have to wait for a while for my cash to replenish.
Read more