$Straits Trading (S20.SG)$I had read several research reports stating that the stock has huge potential upside due to its sizable holdings in ARA asset management. The research reports indicated that the probability of ARA being listed is high and once listed, Straits Trading's own share price will be boosted. I considered buying the stock in July 2021 when it was 2.60+ but decided to buy another stock instead. In Aug 2021, a company ESR made an offer to acquire ARA, sending the share of Straits Trading to the moon. It is currently trading at 3.60+, more than 1 dollar per share higher. Regretted not acting on the positive research reports back then. Sigh and double sigh
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Upncoming1841
OP
:
I can't comment on whether it is still a good buy at current price as it is too painful for me to monitor this stock. Thus, I do not know the latest developments.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
AutumnRain : .....$3.60....still can buy isnt it? various reports have price it between $4.50 to $6....i am vested and planning to add somemore.
Upncoming1841 OP : I can't comment on whether it is still a good buy at current price as it is too painful for me to monitor this stock. Thus, I do not know the latest developments.
Tan HQ : Nice