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Tuesday, 6 November 2012

Hasty move on Sembcorp Marine

I have added Sembcorp Marine 2 lots yesterday.  It was really an unwise and hasty decision made.  Everyone know by now that it posted a disappointing Qtr 3 Revenue and Profit.  Future outlook does not look good as well as it admits that margin on projects in hand are low.   

I do really need to wise up in order not to continue using up my funds in 'wasteful' investment.  Anyways,  l can still sleep well knowing that Sembcorp Marine will not just discontinue operating overnight as it has good and strong sponsor.

Need to study harder into prospective companies to invest from now. 

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