My group of friends investing seems to be very taken to those companies that 1 -2 months ago were announcing that they will be dual listing.
Some of them were Sinotel and Oceanus. Looking now, seems that oceanus didn’t actually took off and sinotel have beeen correcting as well.
So what does this mean? An opportunity to load more or a justification that its just speculation that like Ausgroup, their true value is much higher? you tell me.
I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. Do follow my Dividend Stock Tracker which is updated nightly here.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
tianhong
Monday 8th of March 2010
I'm vested in Ausgroup. As of now, it has been pretty disappointing counter. I guess it has to do with their low profit margin.
Drizzt
Monday 8th of March 2010
those are short term price movement. ausgroup deals with manpower cost alot. essentially i dunno why this stock is so speculative.