Mandarin Oriental purchase working out nicely

See my post about my entry into Mandarin Oriental on 22 July 2017:

Article in Straits Times on 15 Sep 2017 that Mandarin received 5 bids for Excelsior Hotel at its higher end of its valuation price:

Price chart from yesterday with my entry circled in white.

I am still holding on to its shares in my margin account. I think there is still some small upside to go, it is likely to trade upwards of the wick of the shooting star candle. I will not make a 2nd entry as the upside is not much.

  • I'm a remisier with Maybank Kim Eng, and as a bonds and REITs investor myself, I guide my clients to build resilient bonds and REITs portfolios. If you like to be guided, please contact me regarding how to become my client; It's free!