Investment Journal 1 ( 11th Nov to seventeenth Nov)
Intended for the first days of investment, I was seeking through the net for information regarding property (real estate) companies that are listed on the SGX. What I needed was a secure and reliable company that is certainly well known available in the market. The stock that was able to catch my personal eye was Wing Tai.
http://sbr.com.sg/stocks/more-news/wing-tai-grabs-crown-best-performing-property-stock Inside the above article dated 13 Jan 2013, it demonstrates that Wing Tai is the best executing stock underneath the firm's (Nomura) coverage. However the article is definitely dated at the start of the 12 months, it led me to trust that Wing Tai can be described as stock having a high growth potential and would bring about high returns. http://singaporestockmarketnews.blogspot.sg/2013/10/wing-tai-holdings-slow-and-steady.html Another article out dated 29 Oct 2013 provides opinions of other traders on Side Tai. That they continue to advise buying Wing Tai's stock as the company's results are based on expectations and already a 64% have up charge of their hottest project – Tembusu. This article further clarifies that the Tembusu's profits could start earning revenue in 06 2014. Since Wing Tai's projects are so well- received by the average person as well as other buyers, it shows that Wing Tai is a good stock to buy into. http://www.temasek.com.sg/mediacentre/newsreleases?detailid=20298 The past concluding document is out dated 5 Nov 2013. It states that Temasek features appointed Mister. Cheng Wai Keung, the latest director of Wing Tai Holdings, since the mouthpiece chairman of its board. Mr Cheng is a very respected man numerous achievements and experiences through the various groups. This latest article is the concluding component that verified my decision to buying into Wing Tai Holdings ?nternet site believe this kind of appointment might greatly increase Wing Tai's reputation as a company. Therefore on the 12 November 2013, I bought ten thousand of Wing Tai's shares at 1 . 9950 every share. Side Tai's talk about...