Sufigus
05-02
$Sheng Siong(OV8.SI)$  Regretted selling sheng

siong on 7/3/25. I thought i was a stagnant stock at that time at $1.64 per per share. With a dividend of around 3.7%, i felt that it was better to sell sheng to buy ocbc which appreciated higher and had a higher dividend yield of more than 5%. 


To my surprise, sheng siong only dropped a few percent during the trump tariffs saga but then rallied to a juicy $1.76 per share. If only i had hold on to sheng siong, i would have made a larger profit. Hindsight is 20/20, it's easy to see the correct course of action after an event has happened, even though it was not so clear beforehand.

Now i know how stable sheng siong is as a stock. A really recession proof stock where the goods they are selling are necessities. Now I'm just waiting for the right time to enter again. I fell that this current price of 1.76 and 1.75 is a bit too high for me. Waiting for the pricr to drop to maybe 1.7? 


That's the stock market for you. No one can time it. It was a good learning experience being apart of the trump tariff saga. Most stocks were in the red and it was really gut wrenching seing most of my stocks at a loss and seeing the paper loss. Another thing i regretted is not buying more stocks at that time. Oh well, as a long term investor, my journey is still long and I'm looking forward to what the future has in store for me. 


Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
3