Why did I buy Sim Lian
- I noticed that the major shareholders, including it's founders were buying their own shares. If the owners have confidence in their own company, we should pay attention.
- Good dividend, my original intend was to buy and collect it's dividends.
- A bonus came along the way, for some reason, the share price also appreciate slowly over time.
How should I use the cash offer
Below are few of the shares either new or existing (which I will top up), which are on my radar now.
- OCBC bank - I have mentioned this counter in one of my earlier post, most of the reasons there are still valid.
- GL - this counter is largely unloved due to property sentiment
- CSE Global - this counter is also largely unloved due to the current state of oil and gas industry.
- UOL - this counter is largely unloved due to the current property sentiment.
I might post my opinion on the above counters in the next posts, above is not recommendations, please do your own homework.