I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Tuesday, 17 March 2020

Round 12 : Bought Olam @ $1.48


Read? Olam CEO bought 750K shares or 45% of total vol at avg $1.48


Read? Olam to post one-time net gain of S$72m for Q4 from restructuring initiatives

Will Olam learn from its painful history of overly aggressive and grow out of control?

 Temasek good enough to control this animal spirit?


Read? Olam: Sold $2.33, ROC 36.7%


Round 12 : B $1.48  (Buy back for bitter Panadols)

Round 11: ROC 36.7%, 1287 days, B $1.68 S $2.33
Round 10: ROC 8.5%, 236 days, B $2.52 S $2.75
Round 9: ROC 7.0%, 228 days, B $2.56 S $2.75
Round 8: ROC 20.8%, 65 days, B $2.41 S $2.93
Round 7: ROC 15.8%, 311 days, B $2.48 S $2.89
Round 6: ROC 10.2%, 8 days, B $2.39 S $2.65
Round 5: ROC 6.3%, 3 days, B $2.45 S $2.62 (Bought back higher)
Round 4: ROC 5.9%, 15 days, B $2.26 S $2.41
Round 3: ROC 9.6%, 8 days, B $2.18 S $2.40
Round 2: ROC 7.0%, 8 days, B $2.18 S $2.35 (Bought back higher)
Round 1: ROC 9.8%, 161 days, B $1.37 S $1.52
Posted by Createwealth8888 at 10:30
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3 comments:

  1. Createwealth888817 March 2020 at 10:47:00 GMT+8

    Deployed 27% of war chest liao! Next level of deployment is STI @ 2,300.

    Circuit breaker! LOL!

    ReplyDelete
  2. Spur17 March 2020 at 14:43:00 GMT+8

    Wah Uncle8888,

    You more garang than me ... so far I deployed 24% of war chest as of last night.

    Most US assets still haven't reached undervalued stage yet, maybe fairly valued. Can nibble but no munching!

    Asia & EM though are rather undervalued ... but of course can become much more undervalued! Hohoho! Will munch more as my puke indicators get triggered LOL!!

    VIX fear last night was slightly higher than Oct 2008. The biggest recorded fear though is still Oct 1987 Black Monday period, which was about 55% more "fear" than currently ... at least that one taught us about circuit breakers, otherwise last night will be another Black Monday in the history books.

    This is looking like a combination of 1987 + 9/11 in terms of speed & magnitude of volatility, as well as demand / consumer destruction .... and will continue to be so until infection curve flatten out in US.

    The main difference is that the consumer destruction will be longer & more widespread than 9/11, until such time that the virus can be contained. This is the big unknown that is driving investors & speculators crazy currently.

    I'm still optimistic though that by the end of 2020, we'll look back at these few months as being one of the best times to load up for the long haul. :P

    ReplyDelete

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