Tuesday, September 30, 2014
I think currently STI is running high. Dont want to get caught in a correction, so have to find some value stock with good dividend. But have to diversify my portfolio and not put my everything into this single stock. At the current STI, you will never get good value blue chips as they are already ramped up. To get blue chips at cheaper price, I would have to wait for a correction. This is not the usual stock people will buy. I have been monitoring it for a while. It is often hovering around $0.14 so it should have limited downside. Its managed by STAM :) subsidary of Temasek Holding. Should be quite stable. Have to do something to kickstart my portfolio. So let's try this.
100 lots bought at $0.142