The overall market sentiment for the past month has been bearish. There seems to be too much pessimism within investors resulting in large sell-off in the market.
As for OUE, imho, is a good counter with good prospects. Despite share price plummeting over the last few months, I am not the least worried about it as I believe I still have the holding power to await for market upturn. It has turned its focus on acquiring US property assets as US economy gradually improves. I believe this is a smart move and rumors of setting up commercial REIT in the near future is something worth anticipating. For now, I will maintain my stance and believe in myself.
As the bearish market looms, I'll also be constantly tracking several stocks to see if I can get any bargain out of the market.
Peace out
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