$Keppel(BN4.SG)
Context: After six consecutive red days, Keppel finally registered a green day. The stock remains around the price level where I bought my second batch of shares, so I’m comfortable holding here. That said, its forward P/E remains elevated, so I’m still cautious at these levels.
My trade: Holding my position for now. If we see further declines to the $10 range, I’ll likely look to add to the position.
Takeaway: Further declines will bring Keppel to levels I’m comfortable accumulating at, but the elevated forward P/E means I don’t want to chase. That said, my longer-term view remains unchanged, so further weakness would be an opportunity to add.
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