Transferred $17,000 from CPF OA to SA for 2020

I transferred $17,000 from my OA to SA account today.

In total, I had transferred $52,000 since 2017.

i) $10,000 in Jan 2017 (Link)

ii) $10,000 in Feb 2018 (Link)

iii) $5,000 in Apr 2018 (Link)

iv) $10,000 in Apr 2019 (Link)

v) $17,000 in Apr 2020

Had been making transfer in the month of April for the last 3 years is because company bonus payout is in March. Thus have the extra money flowing into CPF :D 

SOLD: Perennial

Sold my 14,800 shares of Perennial on 22 Apr at $0.43.
Total loss of -$6081.71 (-48%) in 2 years.

My remaining 38,700 shares of Perennial are been held under CPFIS.


Reason for selling:
1) Disappointing, unloved undervalue stock
I had high hope when I bought this stock back in Apr 2018 mainly due to their China High Speed Railway ("HSR") projects + in Healthcare business.
This stock have a PB of just 0.51 then.


The share price had been on a declining mode for the last 5 years.
Today, it have a PB of 0.27

Insider trading had been buying its own shares very frequently that the 4 key Sponsors owned 82.4% of the total shares.

What causes the share price to keep dropping?
I really dont have the answer and have no clue for that.



2) COVID19 bear stock market
Thanks to COVID19, there are many good quality stocks (even blue chips) dropped at least more than 30%.
I believe these good quality stocks will rebounce faster than Perennial.
Thus, taking a real loss at this moment to deploy this amount into another stocks. 



Related post:
1) ADDED: PERENNIAL
2) Added: PERENNIAL (Mar 2019)
3) Perennial AGM 2019

New milestone - $200,000 portfolio

New milestone achieved!

Very happy to share that my stock portfolio market value had actually exceeded $200,000 in Apr 2020!!!!!

It took me 28 months to reach this new milestone from $100,000 achieved in Dec 2017 (link).

As of 20 Apr 2020

No.	Counters	No. of Shares
1	First REIT	48,000
2	HongKongLand USD	15,500
3	Perennial	53,500
4	Keppel Infra Trust	116,000

Given the current COVID 19 suitation, the most important right now is STAY HEALTHY.
The second most important is buy more undervalue quality stocks.



Majority of us have been shouting "BEAR BEAR BEAR" for the longest time and finally, Wish Granted, BEAR had arrived fast and furious.

The last time we experienced a 20% decline in stock market was in Dec 2018 (link).

Hopefully it have prepare our mindset well to BUY on such rare opportunity instead of having fear at this moment and regret later.

Related post:

1) New milestone - $100,000 portfolio

2) Did you pass the Dec 2018 market turbulence test??