$PropNex(OYY.SG)Context: PropNex may not be the most exciting stock out there, but I like that its business is quite str…
$PropNex(OYY.SG)
Context: PropNex may not be the most exciting stock out there, but I like that its business is quite straightforward. When the property market is active, there’s room for commission income to grow. Plus, the dividend gives me another reason to keep it in my portfolio.
My trade: Still holding my shares and not planning to make any sudden moves. I’ll continue watching the quarterly results and see whether the business maintains its momentum.
Takeaway: Sometimes boring stocks are not a bad thing leh. 😂 I don’t need every counter to give me a quick 20% gain. Steady performance, reasonable valuation and dividends are good enough reasons for me to stay invested.
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