Koufu management offered 0.77 per share to privatise the company. I decided to sell off all my koufu shares at the market at the price of 0.76 to better recycle my capital. Koufu is the first stock that I ever bought and I had been holding it for nearly 2 years. Koufu didn’t let me down I make 9.76% of capital gain and 14.7% including dividends collected. Will be researching over the weekend and see which sticks to allocate the capital to.
Got a $60 SGD voucher on tiger brokers. Decided to spend it on buying a us stocks that is near the price of the voucher. Decide to buy GIS General Mils a old consumer company that is trading at a PE of only 15. This should be counter than can counter inflation. It is only 80 plus sgd which is negligible to my portfolio but it can act as my first foot hold into us stocks.
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