Friday, October 4, 2024

Rant: Forgotten

HSI rose 24.5% in past 2 weeks. 

China Aviation Oil (CAO) trades at 7x PE and benefits from China outbound travel. It rose only 7% in past 2 weeks! Why is this so? Because CAO is listed in SGX. 

TravelSky is listed in HK and it rose 33% in last 2 weeks. 

Singapore is a forgotten market. Especially for non-reit, non large cap stocks. 

-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

2024 Review 2: Notes on 2024

 1)  Selling Option I felt that it was a bad idea to sell options to earn income. Nonetheless, I continue to sell options, as I was greedy f...

  • Ex-post answers
    Here, I shall provide answers to two issues I have raised two years ago. First, in my Dec 2007 book review, I have asked given the similarit...
  • Mad Selling in a Over-Cautious Mood
    Well, I guess I may have done it again. I may have succumbed to the falling market and my over-cautious mood last week. I have sold C&G,...
  • A Perfect Storm
    Looking at the STI over the past few trading days, it certainly seems to be a perfect storm with YTD losses of around 8%. As Buffett has sai...