Friday, May 7, 2021

Bye Sembcorp

 Liquated Sembcorp in DBS share financing account

Both Marine and Industry

Not bad a time to sell, as there was a recent rise.

Marine broke away from the parent company Industry

And I was given around 9800 marine shares

Sold 2k Industry and 9800 Marine shares

Got around $6k

But sold wrongly

I was supposed to select Share Financing rather than Cash

So wasted around $100+ in transaction fees

It is a good time to sell, as I feel my IG account is inflated

Also did not think that Sembcorp will be doing well these few years

they have been suffering for some time

Many of the other shares I hold are paying like 5% dividends

Sembcorp at the moment cannot even turn a profit

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