Continued with my plan to completely divest Starhill Global in view of its relatively stagnant DPU, I sold another batch of lots yesterday. At $0.620, technically I was making real losses since I purchased these lots at higher prices last time. But several quarterly DPU payouts have instead turned real losses into profits. I am left with only a tiny batch of lots. Should the price moves up in the next few days or weeks, the complete divestment of Starhill Global shall be materialised.
The stock market has been in a good mood since the rally began in Jan. Stock prices are breaking resistance every week. However, the rally in March has appeared to be slower than usual. In some occasions, some stocks even experienced heavy selling (eg. SGX).
I can't tell for sure whether or not this could be a market correction. I shall continue with my waiting game for now.
With divested funds returning to my main account, in addition to money earned from temp jobs, I have a larger warchest than before and is ready to exploit another market downturn.
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