SOLD: Keppel Corp (Feb 2021)

 

Sold 6,000 shares of Keppel Corp on 10 Feb at $5.11

Total profit of $2859.78 (10.3%) in 6 months.

Reason for selling:

1) Bold transformation Change require lots of money in the short term, although it may benefit the company in the long term if plan succeeded

2) Huge Impairment = Big hole in the pocket

Will there be more such huge impairment in FY 2021 given the ripple effect from COVID?

 

3) Divestment was fast and furious

How about buying of new asset to replace the loss income due to divestment?

Related post:

1) Added: Keppel Corp (Aug 2020)

2) SOLD: Keppel Infrastructure Trust & Added: ST Engineering

3) SOLD: Keppel Corporation (Jan 2019)

4) Added: Keppel Corporation (Dec 2018)

5) SOLD: Keppel Corporation (Jan 2018)