1. Company that I’m paying attention would be $Banyan Tree (...
1. Company that I’m paying attention would be $Banyan Tree(B58.SG$ . Stock performance is slowly recovering with an upward trajectory. Travelling, tourism and hospitality has been on a positive note so far. It is one of the top watchlist to note.
2. One of the trading plan would be deploy cost averaging during the period of market downturn. Some stocks has reached a new 3-months low and their valuations are getting even more attractive.
3. Don’t oppose the opportunity when market presents itself. As the saying goes, be greedy when others are fearful.
4. During the last earnings season, the outcome from trades has not been the best for the season, however the future are looking promising which time will tell. Stock that gave dividend came at a plus point for rewarding the loyalty and support of their shareholders like us.
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WinningTrader : if recession comes, doesnt tourism will be hit badly?