Here is this week’s update.
Long Position (Stopped Out)
Singapore Press Hldgs Ltd (SG)
Singapore Press Hldgs Ltd Daily Chart
Trade was entered at $4.06 and exited at $3.99. However, it was overall a profitable trade as the dividend ($0.17 per share) collected was more than the loss ($0.07 per share). This exit was also triggered due to the stock going ex-dividend today. Not a bad trade afterall.
Long trades (Asiasons Capital Ltd, Ho Bee Investment Ltd and CapitaCommercial Trust) are still alive.
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