Just hold on to your horses. Homeriz still have much space to go up. The first dividend only ex on the end of next month. But don't forget every year in October there will be another dividend (final) if you look back at the dividend history.
Since the first dividend is already 2c, i am expecting another 2c on October. This gives it a total of 4c which is about 6.3% yield at current price. Even though if the mother share price stagnant at 0.70 we still bound to collect about 7% in dividend by end of the year. Whhich is much better than EPF.
So, why so desperate to buy and sell and buy and sell? We clearly have a winner at hand.
If you look at the past few days. Homeriz volume don't come early in the morning. It only comes later part of the day. No volume early in the morning is also a good sign as nobody i repeat NOBODY is selling. Now it's only up to the operators to push it up.
For every stock with different operators there is always distinct ways their stock prices move. Your job is to identify how the operators move the stock price and not by emotions seeing other people panic sell or euphoric buy.
If you play stocks by following it every seconds and minutes then your are on the wrong path. You will definitely get swayed by emotions. In the long run you will be sent to 'the cleaners'. How can you follow a stock movement by the minute especially when the market is volatile? If you see a lot of sellers accumulating then you panic. When a lot of buyers are bidding up then you are confident.
I only look at stocks 3 times a day. Opening, lunch break and Near closing at about 4 pm. That is why i am going out to do my chores. See you guys in the afternoon near closing.
Hold than the price will go up, simple. Sell, people start o panic... its dominos effect. Today is Monday... more to come. Flush the weak holder out...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Newbiesky
792 posts
Posted by Newbiesky > 2019-07-13 18:45 | Report Abuse
thanks for the advice!