On 30 September 2019, United Global (SGX:43P) announced that Spain's oil major Repsol (BME:REP) will purchase a 40% stake in one of their subsidiary, United Oil Company, for up to US$46.5mil. While selling a huge stake in their core business does not sound like good news, I felt otherwise. After understanding Repsol's ambitions in the … Continue reading United Global (SGX:43P) – Taking off with Repsol (BME:REP)
Tag: long term investing
Buy and Hold – Hardest Strategy Ever
You know those articles that promote buy and hold strategies and say "If you hold X stock since inception, you would have made an XXX% gain!". Well, whenever I read those articles, I will silently curse them as they made it sound so easy. To me, Buy and Hold one of the hardest strategy to … Continue reading Buy and Hold – Hardest Strategy Ever