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. 

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Jun 25 Update

Sales Sketcher: Sold whole position at $62, as it has been agreed to be taken over at $63 by 3G Capital. My cost price was around $55-56; no...