An update to my mum's portfolio in an earlier post. As the price of Hong Kong Lands rose to my calculated Residual Income's book value of 6.8x, I managed to sold it for a good profit at over 100+ SGD. There is a certain amount of currency risk here so it is prudent to take profits. As of now, the portfolio is on a positive 3.82%, which is due to both luck and my belief in buying stocks on book value.
As expected, the small stocks that are not popular nor part of STI did not enjoy any movement. Part of liquidity issues.
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Obligatory food shot for the people in InvestingNote. Just kidding. The author is vested in Cordlife, and has 6% of his portfolio "inve... -
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Disclaimer: Author has a lot of shares in CML ...before and after the commencement of trading after the special dividend announcement. For ...
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