Who is buying Straco?
Despite the dropped in price, Straco is at still staying as my top 3 holding.
I'm eyeing to dip my toes into the hot bath as the share price continue to weaken.
In additional to myself, at least 3 players publicly shown their love for Straco.
1. Of course, you know. Straco itself started to buy-back it's shares.
2.
Lim Jun Yuan of thesingaporeaninvestor.com
JY published a very comprehensive article in 17th September 2019.
On that article, JY will be keen if Straco dropped to 67 cents.
Obviously, JY's investment merit does not include analysis on the impact of halted Singapore Flyer.
On the contradictory, at that time, JY felt that Singapore Flyer could be a beneficiary of the re-development of Greater Southern Waterfront announced during 2019 National Day Rally PM speech.
(Click to see Jun Yuan's 10 pages analysis on Straco)
Today, yes, 3rd December 2019, JY updated that he is vested in Straco.
In general he is very optimistic about Straco business but prefers to wait for further update on Singapore Flyer by Straco management.
(Click to see Jun Yuan's deep dive into visitor feedbacks)
3.
Brian of 3Fs 3foreverfinancialfreedom.com
B published on yesterday, 2nd December 2019 that he had recently brought Straco 67.5cents
(Click to read what is the reason for Brian to buy Straco at 67.5cents)
Hope you enjoy the newly launched Workfare as much as I do:
Adding Straco to your watchlist?
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感恩 Thank you