Bought more Comfort Delgro

Bought 600 more units of comfort delgro at $1.96. The market has been dropping consecutively for the past few days. The amount of time that I waited for my order to be filled was around 1 minute. Immediately I set up my order, price drop to $1.95. At $1.96 is just nice about 16 PE for cdg 2019 full year EPS. Even thought comfort delgro cut their dividend recently, this is more of a long term play for me. In Long term, I think comfort delgro business is still quite defensive due to the public transport segment. I will wait for the taxi segment to be stabilised. As of now I am still down 7 plus percent after add more cdg.

Comments

Popular posts from this blog

50k net worth achieved

Added another 600 shares of MINT