Sunday, August 16, 2020

Bad investment in CapitaLand

 I logged into my CDP account to look at my long term holdings.

I received a big shock.

I owned 91,000 shares of CapitaLand with a cost price of $6.80. The current market price is $2,80. I lost $364,000. That is the biggest loss in my portfolio.

I looked at the price chart of CapitaLand and saw that it was indeed above $6.80 in its history. That was around its peak.

Stupid TKL. I must have bought it at a high price and it did not recover for ten years or so.

Stupid CapitaLand.

Read my further analysis here.

5 comments:

Anonymous said...

Without Lee Hsien Loong, people do not feel that they have a base.

Anonymous said...

Singapore companies & Singapore stocks have been a fiasco for the past 13 years. 3G leadership has caused a huge deterioration for much of S'pore companies. Only less than 5% of companies on local stock exchange are investable. The rest should be delisted in order to prevent more investors from losing their money.

Anonymous said...

I just started putting a lucky cat with hands waving facing my main door.
I have a big tummy buddha, which I rub his fat tummy and talk to it every day.
My luck has gone from bad to worse.

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