Sunday 15 May 2016

Global Logistic Properties (GLP)

Initiated a position recently.

This is a blue chip that's going through a down wave.

Pricing-wise is very enticing and IMHO rather irrational.

There are rumours that privatization could be on the cards, although the I personally see this as very unlikely. 

Full year results will be out on 19th May. It looks to be solid.

Hence once again unable to explain this sell down.

More to follow after results are out.

Tuesday 10 May 2016

CasiNO

The casinos in Singapore have never been a good hunting ground for wealth. Particularly so in my case.

Must always remember that the odds are always in the house's favour.

I lost 1K in 2hrs of madness.

Sigh.

Back to the drawing board.