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$Venture(V03.SI)

CEO's S$6.1m Share Purchase Sends This Singapore Stock to 10-Year High

Bloomberg - Singapore’s Venture Corp. received a boost from its Chief Executive Officer Wong Ngit Liong Wednesday -- the stock soared as his S$6.1 million purchase of 400,000 shares announced Tuesday inspired the market to follow suit...

https://www.bloomberg.com/news/articles/20...

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12 people like this.
nicoleteoh :

Fully agree. The fact that the CEO is buying stock shows confidence in the company. This is a very positive development plus the recent inclusion of Venture on the reserve list.

allenlow :

this is not a small amount. can see the confidence behind the action. many ceo say buy back but only use a very small amount of money which is more like an advertisement to me. clap for venture ceo. not vested.. very sad

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opy avatar
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opy

One year since I started my investing journey again ;-p

- Fun Fund (-25%, fortunately just a small sum)
- Itchy Hands Fund (-4.5%, need cure for this urgently)
- Lifelong Investing Fund (+15%, mainly SRS at the moment)
- Reserves (making 1-3% yearly interest in banks, SSB)

Realized Fun-fund is really fun but no fund... I use SCB to trade penny stocks, in and out too often without any plan. Buy at peak, sell at bottom. People buy before news and sell after, I do the opposite. $Rowsley^(A50.SI) $Delong(BQO.SI) $Falcon Energy(5FL.SI) just few from top of my list.

Itchy hands got me into similar but bigger troubles (as these are bigger sum trades). Managed to exit with small gain on $M1(B2F.SI) $ComfortDelGro(C52.SI) but now got trapped by $Best World(CGN.SI) $Hi-P(H17.SI) Not feeling good as I think these stocks will take many many years to get back to this level (or never) if the long anticipated crash finally arrives.

Lifelong Investing Fund mainly from the SRS bucket. I feel I am doing fine here. Other than taking profit far too early $DBS(D05.SI) $OCBC Bank(O39.SI) $UOB(U11.SI) $Venture(V03.SI) $Keppel Corp(BN4.SI) to name a few. All exited with 25% or higher gain. Most would have been 50-75% gain by now. Venture went more than doubled. But well, 15% gain overall is not too bad for me for now. For this bucket, I feel totally at ease even if the mega adjustment came. As it is sitting at average 5.67% dividend yearly. Mostly in stocks which I feel will still be here at least for another 10-15 years. Mostly REITs but heavy on $SingTel(Z74.SI) and lately into $UMS(558.SI) too.

I am still heavy on reserves as I don't want to repeat same mistake back in 2007/8/9. All fund trapped at peak and no more fund to have fun picking cherries. I shall be happy with the 1-3% return while continue to wait for the price like DBS $15, OCBC $8, UOB $18, Venture $9, Keppel Corp $5 and so on. Lower better. Buy and keep for 20 years.

The wait continues, meantime it is learn and learn whenever time allows.

Cheers.

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Salvatore

Watchlist as market turns red.

$AEM(AWX.SI) Not red enough for me to buy.
$Venture(V03.SI) Always wanted a piece of this amazing stock.
$DBS(D05.SI) need a bank stock to diversify

US Markets:
$AAPL Load up more Apple for long term growth like Warren Buffett
$INTC Intel Corp for severe undervaluation
$PYPL Who doesnt need to pay for stuff online?

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