A recent article mentioned that a specific company has had its fundamental business changed and that its shares had performed poorly ... Should we sell now at S$2.17 (purchase price was $3.08)?

If you can't stomach the loss, then sell and find another stock to invest. Always do proper research before investing.

Happy Investing !

Hello,

I think for any company you invest, you should evaluate whether you still understand the business even after the fundamentals had changed, and implement a stop loss plan, for instances, sell when the share drops 15% from cost price, to prevent further losses. If you truly understand and believe in the business, you can always average down as well.​​​

Considering that there is a change of CEO and the stock price went up due to the seemingly positive sentiment on the news, you may want to wait a bit more before selling off, so that your losses will be smaller should you wish to cut loose.

If you know where to look (e.g. SaaS industry, platform businesses), there are so many better companies overseas that are growing at an exponential rate with such huge potential (which in my books, is another way to think about....it's actually World Domination! Well maybe the US first, then the world. Heh)

FYI, I previously owned Singtel and sold them at a thousand+ loss. I lost more in STI ETF. The courage to sell them at a loss will take time and a paradigm shift in mindset. No one can help you come to terms with this and it's something you'll have to wrestle with yourself internally.

In that process, you'll grow to be a better investor.

Just want to leave you with a food-for-thought quote and these videos:

"Why add more of your hard-earned money to stocks that aren't working?" - William O'Neil, How to Make Money in Stocks

• Everything You Need to Know About Finance and Investing in Under an Hour, delivered in a clear and understandable manner by William Ackman, CEO & founder of Pershing Square Capital Management

👉 https://youtu.be/WEDIj9JBTC8

• ARK: The five platforms of disruptive innovation

👉 https://youtu.be/m4_AAmLpwR8

You can find a lot of YouTube channels dedicated to stocks discussion.

All the best to you, and if you've any further questions, please feel free to check with the community here (and on Seedly Finance Facebook Group...lots of helpful people there too)

Another question is, what are you gonna do with the money in the event you sell it? Are u using it to settle an emergency expenses or will you reinvest it in something else you have more confident in? If you are just gonna put it in the bank, then I will say just keep it, else start looking out for other areas you can invest the money in first.