Sheng Siong$CNMC Goldmine(5TP.SG)
Talk about a "golden" opportunity! π
I totally forgot I had a $1.71 limit buy trap set, and the market gave me a gift by filling it during that sudden dip on March 14.
π The timing couldn't be better.
Gold prices are surging (averaging ~US$3,589/oz recently), and CNMC just posted a record-breaking FY25 with net profit jumping over 320%! With their CIL processing plant expansion now at 800 tonnes per day, they are perfectly positioned to ride this bullion rally.
While it's a smaller-cap play and comes with its own set of "jungle" challenges (literally, like the Sokor terrain), the fundamental growth is undeniable. Itβs a great high-leverage play on gold that balances out the more "predictable" anchors in my portfolio.
π Sitting pretty on this fill as the stock has already bounced back to $1.72 today. Patience and "setting-and-forgetting" those limit orders really pays off! βοΈβ¨
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