Wednesday, April 25, 2018

Plan Update

Previously I was planning to buy Keong Hong after I sold LHT, however the daily trading volume is so low and the spread is still huge, therefore I haven't proceed with my investment plan yet. I have decided to wait for the opportunity to show itself.

Meanwhile I bought 1,600 shares of BOC Aviation (HK) again at 46.10, after I sold it at 46.95 earlier this month. Sad thing was I realised that I forgot to change the settlement currency to HKD for the sell order earlier, therefore I got about 1% loss due to currency conversion fee. Lesson must be learnt, and I will double check all the orders before submit them.

Recently CDG reversed its trend and the latest price was 2.23. Hopefully the trend won't change again after its XD. Looking forward to sell it (:

Straits Trading went XD, and the latest price is 2.20. Want to average down but due to my huge exposure to the counter at the moment, I found the average down plan is not realistic. I will use the dividend to purchase other counters instead.

My new investment plan is: Average down on Keong Hong at reasonable price, and see if need to purchase more BOC Aviation (HK) at reasonable price. I am looking to sell CDG at a good price and use the proceeds to buy more Keong Hong or Tai Sin.

Happy Investing!

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