Apple has just recently launched iphone7, and few of my colleagues were very excited about it. They started monitoring the launched date from their respective Telcos, and finally they managed to book their gadget, and collected yesterday.
On the other hand, I was not as excited as them, not sure if I am the only one. However, the past weeks, the market has been volatile due to the next Fed meeting. I was actually more excited about market behaving irrationally than iphone7. Instead of using the payout from Sim Lian to buy iphone7, I reinvested it back into the market.
What did I buy from Mr Market.
I initiated a small position in KingsmenCreative, giving me a 4% dividend yield, PE and PB is relatively low, This counter has corrected from a high since last May, it is consolidating now, and no one knows if it will correct further.
How about you, did you manage to find anything attractive now?
The post above is not a recommendation to trade, disclaimer applies.
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