Mandarin Oriental purchase working out nicely

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

http://wealthlions.com/2017/07/sharing-next-punt-mandarin-oriental/

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

http://www.straitstimes.com/business/singapores-mandarin-oriental-gets-bids-for-excelsior-hotel

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.


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