He's on his way home

He's on his way home

Wednesday, February 12, 2014

Fraser Centrepoint Ltd

Added little more at price SGD1.42.

Previously I bought a little at 1.6.  During the recent market correction, many stocks fell and FCL is not spared.  At 1.42, the margin of safety is more than 30%.  There are some other stocks that I am monitoring that are also near my target prices.  But I have only "one bullet" to spend and after some deliberation, decided in the end to take this opportunity to add to FCL.  Among the shortlisted stocks, this one at current prices look most attractive.  Super subjective of course.

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