Tuesday, December 11, 2018

Added: Keppel Corporation

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
3rd Qtr Result Presentation slide 

Related post:
SOLD: Keppel Corporation

No comments:

Post a Comment