$Sheng Siong(OV8.SG)

Context:

I’ve always liked Sheng Siong for its defensive business and steady demand. But after holding it for a while, I felt the stock had reached a level where the upside wasn’t as attractive to me anymore.

My trade:

I decided to sell my position and take the profit off the table. Nothing against the company — I just wanted to free up some capital for other opportunities that I think have better potential from here.

Takeaway:

Sheng Siong is still a solid business in my view, but a good company doesn’t always mean it’s a good buy at every price. Sometimes taking profit and waiting for a better entry makes more sense. 🛒💰