Sembcorp ind: I bought the 2nd patch, after I promised myself when buying the 1st batch that I will continue to buy (if it dips to the next support level), so that I do not feel sad buying at higher price.
I liked the company, and they seem to be investing for the future.
They made many investments in other countries in clean energy.
Something that I am also found of. Sustainable and energy good for environment and humans.
I wanted to buy DBS also, one company that I liked too.
The CEO Gupta, seems to be like a brilliant person.
And DBS is the most important bank for Singapore to me.
Singapore will look after it.
Its PE ratio dropped to around 7.
Its dividends is also 4.5%.
Current price is 13+, from a peak of around 20 after months ago.
But these few days, the price rose again.
My target entry is around 12.5 (a bit above major support level).
Another reason for me not buying is that I am also keeping an eye on my leftover funds.
The market can still continue sinking, or crash.
I want to have an amount of money to invest even more if that happens.
I shaved off quite an big portion of savings this month.
I am happy with my purchases.
I also want some security, to have some amount in the bank to take on more opportunities (if there are).
So for now, I will rest a bit and see how things go. It is important to have a certain level of cash in your portfolio.
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