Lim Boon Chuan – Singapore.TO

Blog of Lim Boon Chuan

Sold of Genting Singapore

September1

Looking at Genting Singapore share prices, it has been quite spectacular. But I decided to sell off. Not really spectacular profits but better than nothing. The USA economy is really bad. Treasury yields is bad enough and the share prices is depressed enough. So bad that I think some of the funds may move back to the equity markets because of the low yields everywhere.

Rather than parking the money in the static Asian markets, it is more exciting to venture back into the Nasdaq and NYSE. I guess this is my main reason for selling. I really do not like the stability of the Singapore stock markets. It is solid profits but never really spectacular profits. Zero exposure to shares at present, just sold off everything and monitoring a few gems to see if they are worth the plunge or not.

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