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Monday 1 December 2014

Keppel Corp - catching a falling knife

Invested into 3 lots of Keppel Corpn using CPF and am staring at a paper losses of approx 1k now.

Brave?
More likely plain stupidity?   haha ....


>>>>

update @ 1 Dec 7:00 pm : confirmed buy orders using CPF at 4 lots  

9 comments:

  1. Hi MH,

    Usually I would ask what was my basis for investing in the stock.

    If the basis is still valid, then I would not think too much of the loss. Better to get off the Net, read a book or just take a walk outdoors.

    If the basis has changed, then I would simply cut. I would admit I was wrong and take the loss.

    ReplyDelete
  2. Keppel Corpn is a good stock to invest in. I am not bother by the paper losses.

    ReplyDelete
  3. Its business segments

    65% - Offshore&Marine
    25% - Infrastructure
    10% - Property

    It has been in the shipping and O&G business for many years now so not to worry so much that it will sink.

    ReplyDelete
  4. l am not that ambitious type.

    Anything above plain-vanilla bank savings rate (0.05%-0.80%) l will consider selling.

    ReplyDelete
  5. Greed la not stupid.

    hope you have the stomach to be greedy when the time comes again.

    ReplyDelete
    Replies
    1. hahaha ...
      interesting.

      greed for buying into a stock when the the stock price drop as much as 4.89% or $0.44 in a single day?

      a better word for it is suicide.

      a better use for greed is when l wait; and wait; and wait for it to hit the lowest price in coming days or weeks.
      $8?
      $7?
      $6?

      that's greed for sure.

      Delete
  6. Wow, 4 lots. Thats a courage. i bought one lot only. haha. I believe your war chest is strong. Think apply dollar averaging better if its for long term investment. cheers

    ReplyDelete
    Replies
    1. not really a war chest; but from recycled funds.

      re-investment of proceeds from recent disposals.

      Delete
  7. Agree on the emotion part; if you manage it well then you can plan your investment well.

    ReplyDelete

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