Bought 6,000 shares of Keppel Corporation on 11 Dec at $6.04
Unlike my usual stock purchases which is for long term, this is more for short term.
Once capital gain achieved, I will sell it off.
Reasons for buying:
1) Dropped to 52w low
2) OPEC+ had reached an agreement to cut oil output from Jan 2019 (Link)
3) Kep Corp Property + Data center division
4) Net profit started to increase since 2016.
2018 net profit estimated will be higher than 2017
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| 3rd Qtr Result Presentation slide |
Related post:
SOLD: Keppel Corporation
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