I have held some JBM Healthcare (2161) shares for quite some time now. I initially bought them due to the company's consistent earnings growth over the past few years, attractive price-to-earnings ratio, and high dividend yield.
The recent
market selloff triggered by Trump’s reciprocal tariffs gave me an opportunity
to buy the dip. I have always believed in picking up quality businesses at
attractive prices, which led me to place an order for an additional quantity of JBM Healthcare shares at about
15% below the previous day’s close on 7 April 2025. I managed to pick up a
partial quantity at $1.47 which turned out to be the intraday low.
What I did not expect
was the stock to rally for four consecutive days, eventually closing at $1.95
on 11 April 2025.
I actually
welcome market volatility—it gives me the chance to accumulate more
high-quality businesses at compelling valuations.
Superphang
http://superphang.blogspot.sg
