Just For Fun & Photos Sharing
Recently, after reducing my holding in Capital Commercial
REIT (here ) and Accordia Golf TR, other than deploying my fund to short term bonds and building up my war chest, I am also
thinking of adding new counters which would generate some passive income to
replace the loss of income from these two counters which used to be the main
holding in my portfolio.
While doing the due diligent for one of the target stock, I
came across this paragraph in one of the analyst reports…
“Hong Kong: Polished trading stable and prices firm. Steady demand
for 0.50 to 2 ct., D-G, SI RapSpec A2+ (3X, none), GIA-graded diamonds. Rising
expectations for Chinese New Year sales, particularly for higher-end goods. Shortage of
brides due to China’s one-child policy, forcing grooms to show their worth by
splurging on bigger and
better diamonds.
Custom jewellery gaining popularity. “
Wow !! Good to be brides in
China nowadays .. J as usual in economics terms, when demand
more than supply,,, price tends to move up, like Bitcoins.
Just for fun !! also, can
you guess which counter am I looking at to invest from SGX base on above
analysis? Hahaha,,, no price for guessing .
Cheers!! All the best in your hunting for the next
multi-bagger value stocks!
Photos Sharing :
Taken during our morning walk ( together with Mrs STE )
Hi STE, may I know what stock is that :) Can share?
ReplyDeleteHi cheryl2010, is Sarine Tech...please DYODD ,.price has gone up quite a bit from 52 weeks low...also the demand for diamond related product continue to be challenging... cheers
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I see, ya i was thinking of that.. but it went up more than 10% since last year's low
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