SGX Stock Pick..

The stocks now are at awfully low price. Even as the economy may not be as positive as it is, and many expect the price to drop even more, there is many opportunities for one to earn some cash from the market.

In fact, the lower it drops, the lesser risk you have to invest in the stocks (provided the company is sound and there are growth potential for the company). My rationale is since it already drop so low already, there’s not much lower it can goes and most likely it can get rebounded. Do not follow this advice for some companies stock especially like what we have seen in the bank stocks.

My recent tradings include Noble, Olam and Wilmar. But Noble and Olam sold off. Olam with a small profit.. could have profit with more but I was waiting for the lowest point which I missed when I tried to rebalance the stocks.

Now I’m looking at Wilmar stock.. It seems that the next support would be at 3.25 and it’s going uptrend.