You can already see this stock is poised to rise (unless I miss our something very drastic) so just wait for it. What analyst house (s) is/are covering this at the moment? Until they do, relax and continue buy up if you think your analyses are correct. Wait Shirley analysis first also! :)
hold this since 2006, unless new significant catalyst appear, it's more likely to stale. nevertheless, it's a relatively safe counter to keep if u don't need the cash
iafx, ok thanks. ok as longer is better than FD, then i continue to keep and accumulate more. else i put back to loan account to offset 4.2% pa interest
u meant put back to housing loan account? note despite steady DY, it takes years to move up a bit... not to say this counter no good, but v need to benchmark it with other options, also while patiently wait there r market risk also. this counter fall behind when v do that assessment
@sj, all markets all time high now if u noticed, if u offset risk factors, some funds should stay in loan account is not a bad idea. personally, there is no "undervalue" counter no more, juz like u can't find anything good (forget about "best") yet cheap outside today.
believe certain 2nd line counters in telecom, properties, food sectors r more resilient bcos they yet to trade at high price and positive (profitable) in their business. certain sectors like o&g, construction have plenty of contracts but DY cannot beat FD or FXD, these businesses r very heavy in capex - these r catalyst driven counters which requires significant time and skill to trade. if u don't have the time, better don't follow the high tide.
@iafx, ya lo. if park in loan account, is stable. no need worry much coz almost zero risk. and if market down and got discount (under valued) stock, then can consider to transfer back to stock account to accumulate.
ya, that's why i think it is safe to invest into good dividend counter. at least the dividend can support the price. if price gone too low, sure people will buy because the lower the price, the higher the DY ma. hehe.
im not comfort with the director keep selling the company warrant and shares, and the last quarter report is not so well, the incoming quarter might not be good as well, anyhow, i initially have no intention for long term keeping, so.. im happy with the gain :P
ths qtr result estimated to be 20% lower q on q due to cny. anyone want out, so be it, sell a lot to push the price down to 0.285-0.29. btw, gkh stop selling shares but sell warrant which is way overprice
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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....
lengjoe
301 posts
Posted by lengjoe > 2013-05-07 20:42 | Report Abuse
why ?coz we lose the election 13