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!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday 25 June 2021

SML - Abandoned Child Coming Home!

Monday, 2 August 2010

Read? SML - Sold $4.05, ROC 5.5%

Last sold 11 years ago for Round 41 and now abandoned child by their parents - SCI and Keppel to Uncle8888 to carry this baby forward or dump it again?





8 comments:

  1. CW,

    From the price action today, its clear which group of shareholders happy, which group not happy.

    And who is "bang"; who is "adek" ;)

    ReplyDelete
  2. Uncle8888,

    Think all market participants expected this LOL.

    Just placed a nano $300+ lottery ticket on SembMarine just before lunch. 🤣

    Will sell half if it pops in the next few weeks or months.

    Will keep remaining half to see if my thesis of oil booming for the next couple of years is correct. Hoho!

    ReplyDelete
    Replies
    1. Same as my weekly toto hope. One day will strike big. Lol

      Delete
  3. Walan! Close to 1B shares changed hand! Who were the buyers?

    ReplyDelete
    Replies
    1. CW,

      Interesting.

      How come you never ask WHO were the sellers?

      Retail?

      Delete
  4. Wah! Large volume selling continue. May be due to forced selling on leveraged investors?

    ReplyDelete

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