Nio and FCT

 SOld Nio again

recently have been thinking about their government

Henry also was a bit unsure about them

I also thought that China wants their own companies to list in China

So that the companies' growth is benefitted by their citizens

so I close the Put option

lucky to make half of it, which is US$85

Also bought 3k more FCT

after closing my DBS share financing account

I have more shares as back up

in case I need to send shares to be PEOMS account

but my PEOMS seem fine

Total borrowed is now S$32k

Total value is around $90 before FCT shares come in

if 50% drop

it is S$45k value

32/45 = 71%

which is around the threshold I need to have before margin call

also rewatched analysis of FCT

still same reasons why I like it

amongst all the real estates, retail is the happies and highest energy

also liked that they divested Bedok Point

which I visited and disliked it

and also they acquired more properties in the east

more happy properties in total

dividends is calculated using 2019, which is 0.12

at current price, it is 5.1% dividend yield

might buy more if drop again

total now I have 23k FCT shares