Today, I am here to share on some of my recent trades.
Singtel has been doing well lately but its P/E is getting on the high side at 18+. All eyes on its Ex-dividend date on 26th July.
• Sold some Singtel shares to finally reduce my exposure. Still holding the bulk of it.
• Traded on UOB, with a 7.4% in profit.
• Traded on Capitaland, with a 10% in profit.
• Traded on Sandfire Resources, with a 6.6% in profit.
As you can see, I am once again on selling mode and keeping cash on hand. About half of my investments are now converted back to cash. The markets have been on range trading mode for months, and the upside seems pretty limited.