Still need a lot of work on my portfolio watch list (I am relying on a few subscription services right now). I am still working on something on the side, but I recently found out that my calculations were completely wrong. Imagine weeks to a month or two of work, gone and back to ground zero. Damn sucky I say. Hope by the end of year. Work has been rather stressful and busy recently with little to no time to watch over the markets.
- Buy Eagle Hospitality Trust at 0.475
- Reasons
- I decided to average down again
- I could be likely catching a falling knife here though
- The share price has stabilised around my average price, probably see if there is a short term recovery and sell more units
- Sell Singtel at 3.33
- Reasons
- Switching to another counter because I wanted to conserve cash
- I sold on a short term rebound only for the India segment to announce good news. Sigh.
- Buy Keppel Corp at 6.77
- Reasons
- I was reading TheBearProwl article about Keppel and I actually agreed with it (the article is here).
- At this current price, compared to the target instrinsic value of $15, seems like a good price to go.
- Could also consider Temasek's buy out for a portion of my portfolio
- Sell Interactive Brokers 45 Puts for 1
- Reasons
- I decided to just queue again since the share price ran up right after that.
- I didn't get assigned and prices have ran up. I guess I am probably another fool here.
- Buy Interactive Brokers 45 Puts for 0.2
- Reasons
- Decided to close my IBKR options and shift to BNKG.
- Buy Booking Holdings at 1908.13
- Reasons
- Despite the increase in share prices due to solid results, the valuation was pushed even further.
- Valuation wise is even cheaper when I first got in. It is 19x PE now.
- Buy GreatView Aseptic Packaging at 3.55
- Reasons
- Averaging down to increase my position in the portfolio
- The share price plunged hugely after the removal from the MSCI China Index.
- There is still heavy competition in the Chinese market and they recently trimmed off all of their weaker clients. The trimming did not cause a significant drop in the net profit margin. Hope the international segment will grow.
Well, that's all for my money right now. I am intending to let go Eagle REIT and Ho Bee Land and switch to other counters or raise cash, but let's see.
My cash position is accumulating (~13%), but I have to save more. I would expect to see some level of increased cash inflow from work, but I would hope to really find ways to build other sources too.
Thanks for sharing :) Always a pleasure reading people's personal updates!
ReplyDeleteHi SCEИE,
DeleteThanks for dropping by!
Let's hope December is a better month, though there could be better bargains if the market continues to fall.
Warmest regards
Azrael
Thanks for sharing! I have also caught a bit of the falling knife of Eagle HTrust in Nov. Hopefully we won't be cut badly. 😅
ReplyDeleteHi TBWP,
DeleteThanks for dropping by!
Yea, but seems like Eagle is somewhat recovering. I would think with XD the share price will go up as it will finally pay its maiden dividend I guess. :x
Warmest regards
Azrael