Saturday, April 30, 2022

Newbie SGD50k Equity Portfolio - End 2022 04

Another small upward gain for this mini $50k sample portfolio.

Interactive Brokers have updated the $2.36 Cash Offer proceeds for the SPH shares. 

I decided to take a punt on Twitter Shares. As we all know, Elon Musk will be offering USD54.20 cash for each Twitter Share with the deal expected to close about October to December 2022. Of course there is always the chance that the acquisition could fail. So do your own due diligence and only buy what you can afford to lose. If the acquisition by Elon Musk falls apart, Twitter Shares could drop below USD40. But I'm fairly optimistic, considering Elon Musk sold about USD8 billion (varying news sources reporting he sold between USD4-9 billion worth) of Tesla shares to partially finance the deal, I would use that as an indication he is serious.




Regards, Newbie

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