[weekly review] 2018 w2 - too busy till no time to scale up! and need to do some spring cleaning

Reflection

Last week end i was not feeling well and had to rush through my work because there was an all important meeting on monday morning to the biggest boss! while i thought it was a job well done, i cannot feel annoyed enough with the missed buying opportunity because i have been too busy to execute my buy orders on trades triggered.

really need to figure out the condition buying orders setting.

Counters

My current holdings:

• income: Global Inv, Mapletree GCC, Starhub, Suntec, fraser CPT (expecting about $3.9K worth of div)
• cap-gain: AEM, GAR

Looking to exit GAR because:

• it does not give a decent dividend yield ~1.6%
• price is not a steep discount ~0.87 x NAV
• at best ranging ( see chart) after holding so long, might as well try to punt at a better spot.

looking back the post (here)  i have been ill-disciplined in cutting this weak stock... over 6 months ( 180 days) and it did not fulfil my trade idea! Looking to cut this position, before i go find another counter to enter.

Missed action
Scaling-up on Suntec REIT. Because i already hit my scaling up criteria (here), and there were some favourable factors that gives some more upside:

• possible privatisation rumour going on
• significant share holders buying up shares giving those abnormal volume spikes
• uptick in commercial rentals

my trend trading approach of holding on as long as trend persist and adding more position to not only let profits run, but also run bigger to cover the small losses more than sufficiently. just wasted i didnt managed to add more at good price.