Created by Alex Lim | Sep 30, 2015
Created by Alex Lim | Feb 02, 2015
Created by Alex Lim | Jan 31, 2015
Created by Alex Lim | Jan 13, 2015
Created by Alex Lim | Jan 06, 2015
Too early to say that person is wrong
Maybe it will drop to 80 sen in three months time ?
2015-01-11 11:14
When it already give DY 8%, provided fundamentally good, directors credible, business won't be much affected by changing circumstances => good buy.
DY 8% at 1.40, meaning DPU 11.2sen.
If first buy at 1.40, DY 8%
Next buy say 10% less at 1.26, DY is 8.89%
Next buy at another 10% less at 1.13, DY will be 9.91%.
So if you want to play safe, buy 10 lot at 1.40 => DY 8%
Buy next 10 lot at 1.26, total 20 lot, average cost 1.33 => DY 8.42%
Buy next 10 lot at 1.13, total 30 lot, average cost 1.26 => DY 8.9%
Buy further 10 lot at ........... => DY ? %
Please read carefully and understand the logic, you will never lose money on this counter. You should know better why you want to buy into this counter, definitely is dividend play with long term passive income.
2015-01-11 12:20
It has been long time, even after the recent big correction, I cannot find a generally concluded good company with 8% yield because good fundamental, high div yield and share price will find equilibrium point by themselves. Exception would happen at odd time such as big bear market.
2015-01-11 12:35
if we dont confident/understand well in what we buy, then we tends to feel fear when it drop from what we expected.
2015-01-11 15:52
wwwcomment
Say easy. Do didfi ult.
2015-01-11 09:47