Monday, 16 March 2020

Round 23 : Bought DBS @ $18.78

Uncle8888 recalled back his two ex-commandos (Round 20 and 21) from Mr Market to fight Convid-19

Read? Round 22 : Bought DBS @ $18.98

Round 23: B $18.78  (Buy back for Panadols)
Round 22: B $18.98  (Buy back for Panadols)

 Round 21: ROC +20.4%, 449 days, B $16.01 S $19.38
Round 20: ROC +11.3%, 490 days, B $16.98 S $19.03 
Round 19: ROC +178%, 4,385 days, B $7.53 S $21.04   
Round 18: ROC +144.7%, 2,174 days, B $8.27 S $20.31  
Round 17: ROC - 31.1%, 232 days, B $24.20 S $16.80  
Round 16: ROC - 21.6%, 222 days, B $23.20 S $18.32  
Round 15: ROC - 18.1%, 186 days, B $22.90 S $18.88  
Round 14: ROC - 9.2%, 70 days, B $21.00 S $19.20  
Round 13: ROC +9%, 65 days, B $20.50 S $22.50 
Round 12: ROC +10.6%, 8 days, B $20.50 S $22.60



at

4 comments:

  1. AppShadow16 March 2020 at 23:45:00 GMT+8

    Hi Uncle,I like the way you track your investment. How do you decide that this is the price @18++ that you should be buying so frequently? Are you trying to aversgd down or you see this as a value price to purchase.

    Thanks
    App

    ReplyDelete
    Replies
    1. Createwealth888817 March 2020 at 08:25:00 GMT+8

      I have learnt enough NOT to Average down but Average in by max three shots. Position sizing, risk and portfolio management. No single stock sizing is more than 10% of my capital.

      How do you decide that this is the price @18++ ?

      I am buying at support level which also gives me ard 5% assuming next two yrs cut from $1.32 to $1

      In long-term investing and short-trading strategy; I will hold one or more position for long-term dividends (Panadols or golden eggs) for cash flow to fund retirement phase and short-term trading for more Panadols by buying back.

      Delete
    2. AppShadow17 March 2020 at 13:09:00 GMT+8

      Thanks for the response. For averaging in, will each average buy units remain the same or higher (since same dollar purchase gives more)? I usually just maintain the same units rather than the value.

      Delete
    3. CreateWealth888817 March 2020 at 13:23:00 GMT+8

      Three shots of about same strength rounding up to nearest 100 shares.

      Delete