$NVIDIA(NVDA.US) context- With the recent saga involving the CEO, the stock has dropped another 5 to 6% premarket. My personal view is that this is not a fundamental issue, rather, a market sentiment due to the saga.
Trade- Looking to do a light buy at the current price level
Takeaway- The same stock was trading at close to 240 a month ago. Now, it is 17X, a 20 percent drop. This is a reminder to not overconcentrate in a single stock.
$OCBC Bank(O39.SG)
Context- I am trying to expanding my dividend portfolio by including O39
My Trade- Making use of the recent dip to add some O39.
Takeaway- If it continues to drop, it would be a great opportunity to add more.
$DBS(D05.SG)
Context- I intend to build a dividend portfolio using D05. If you are thinking of that one stock in SG, it has to be D05, given its reputation and branding.
My Trade- I have been adding D05 since it was fifty plus, sixty plus, seventy plus.
Takeaway- I should have started earlier to add the shares, but better late than never. I am hoping for opportunities to come so that I can add more.
Collected some $DBS(D05.SG) while it retraced recently. DBS is one of Singapore’s strongest blue-chip investments, with attractive dividend yield, consistent capital returns and strong return on equity. Based on its trend, it is definitely on a bullish track. I am currently sitting on a 13% capital gain and have collected few rounds of dividends.
If it retraces again, I will be adding more shares. $60 looks like a good psychological support. Looking to hold the stock for a long time while collecting those juicy dividends.