Wednesday, September 15, 2021

dbs share financing sell off part 2

decided to sell of tech related
ifast and silver lake
for silverlake, their performance is not increasing
and it should be, due to covid
companies should be buying up more softwares to upgrade their work force
but silverlake revenue did not increase
and seeing the price of 0.28
i do not think there may be any bullish sentiments for the stock
i have lost money in that one, with 11k shares of purchase around 0.5

also sold ifast
they had good performance during covid
around 160 mil
and the price keep increasing
due to news of applying for banking license in Malaysia, expanding into China, etc
but i felt that their revenue increase is due to covid, where people stay at home more
i felt abit sad selling this stock
it is nearly a ten bagger
i sold all 2k of it at S$9.4 per share
got it during IPO at $1 per share
when I do not know much about the stocks
so i am quite sad selling it
it is like a child of my own, that followed me for 7 years
hopefully the money from this is being put into better use
which is used for options trading

so i have paid off my debt in dbs share financing
S$30k debt, with $18k profit
and transferring the remaining shares to my cdp
the remaining shares are mostly real estates
in HOng Kong and Singapore
and they have potential to go up when people are more certain about covid
and i also like the dividends from them

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