Divested in December 2019 at $1.5992/unit (refer here) and on 19th Mar 2020 it fell to an intra-day low of $0.92, that was a drop of 42.47% in 3 months since divested. So taking this opportunity, re-invested at $0 cost for the Strategic section of the Investment Portfolio.
A very good start for the round 2 of the Strategic section of the Investment Portfolio nevertheless. The challenge for round 2 shall be at least maintained a lower cost than round 1. In round 1, for a combine of 5 stocks in the Strategic section, the cost was $0.2362/unit. While this time round I might not be building another 5 stocks in the Strategic section, to get an eventual lower cost till the next divestment or even achieving the $0 cost is definitely one of the objective for this round.
The other objective is speed of accumulation. It took me 3 years (2016 - 2019) to accumulate 20%+ of the quantity that I indented to have in round 1, this time round, I would have to beat that time frame and do it better. Either getting back the same quantity in less than 3 years or hitting more than 20%+ for the next 3 years.
While CapitaR China Trust is the last stock that I build in round 1 of the Strategic section, it is now the first stock in round 2 of the Strategic section.
A very good start for the round 2 of the Strategic section of the Investment Portfolio nevertheless. The challenge for round 2 shall be at least maintained a lower cost than round 1. In round 1, for a combine of 5 stocks in the Strategic section, the cost was $0.2362/unit. While this time round I might not be building another 5 stocks in the Strategic section, to get an eventual lower cost till the next divestment or even achieving the $0 cost is definitely one of the objective for this round.
The other objective is speed of accumulation. It took me 3 years (2016 - 2019) to accumulate 20%+ of the quantity that I indented to have in round 1, this time round, I would have to beat that time frame and do it better. Either getting back the same quantity in less than 3 years or hitting more than 20%+ for the next 3 years.
While CapitaR China Trust is the last stock that I build in round 1 of the Strategic section, it is now the first stock in round 2 of the Strategic section.
