Today, I took a look at SGX. With a share price of $6.90 and cash per share of 60 cents, it is definitely not attractive compared to my last buy at share price of $1.65 and a cash per share of $1. Furthermore, with a price to earning ratio of 25, it looks expensive compared to the market PE ratio of 10.
Well, looks like when you got a good buy, it pays to stick with the investment through the ups and downs of the economy. This applies to people around us and our interest. I will develop more patience and hold on to my great investment and let time do the rest of the work.
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