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My investment in New Oriental Education - update 2
17 Jun 2022 (327 views)  

I invested a total of $257,000 SGD in this stock. This comprised of a portion listed in America (under EDU) and another portion listed in Hong Kong (under 9901.HK).

At the worst point a few weeks earlier, I lost about 50% on this stock, or $128,000. 

The stock price recovered during the past two weeks. I sold all of the stock and realized a gain of $59,000.

If I sold the stocks at the peak price, I would have realized a gain of $122,000. By selling too early, I only realized half of the potential gain.

If I held on to the stock, my gain would have been $77,000. 

Tan Kin Lian


 


My investment in New Oriental Education - update 2
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I invested a total of $257,000 SGD in this stock. This comprised of a portion listed in America (under EDU) and another portion listed in Hong Kong (under 9901.HK).

At the worst point a few weeks earlier, I lost about 50% on this stock, or $128,000. 

The stock price recovered during the past two weeks. I sold all of the stock and realized a gain of $59,000.

If I sold the stocks at the peak price, I would have realized a gain of $122,000. By selling too early, I only realized half of the potential gain.

If I held on to the stock, my gain would have been $77,000. 

Tan Kin Lian