12 December 2013

STI Index at 3 Month Lowest

I think it's scheduled for a rebound, obviously, but the question is when? At current prices, a lot of stocks are very attractive, especially REITs, look at Sabana, its yield is 8.7%, even my CDL HTrust has broken the 7% mark. Also my Sheng Siong is now back to 5% yield.

I'm thinking of buying 2 more lots of Sheng Siong and 4 more lots of CDL HTrust, damn glad I didn't do so earlier this week because the prices have been going down, wonder what will happen tomorrow, there seems to be a sign of recovery at the end of today but it went down again, I think tomorrow will either stay flat or continue to plunge.

I'm also looking at SPH, today it closed at $3.96, anything below $4 is attractive to me because it has the potential to reach $4.20+, and the dividend is good at more than 6%.

Sigh, I only have about $8000, or maybe $8200 max, limited cash, limited choice.

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