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When can gambling make more than investing? (Ten Experts On When The Next Recession May Hit. Added on 20 August 2018.)

Saturday, March 25, 2017

Reader:
hello AK, just curious and wanting to understand further your thought process on HLS. 

Would knowing about the bumper dividend have changed your decision? 

I assume the announcement wasn't made yet when you sold.



AK:
Alamak. This is like asking me if I can see the future...

Not a meaningful question 😉





Reader:
hahahaha clearly I didn't give a good illustration
put it another way, how would a bumper dividend + increase in price of a stock influence your decision whether to hold/sell/whatever? 

Do you consider how long it takes under normal circumstances for yearly dividends to cover the bumper dividend? 

(eg 4 years of dividends for HLS assuming $0.025 per share, to account for $0.100 bumper dividend)






AK:
it is about what we feel is a fair price to pay... 

some feel that they want to get into HLS even at 60+c and to get the special dividend... I don't think it is a good idea... 

I think 52c was a fairly good exit price... there is no accounting for prices.

If people who buy from me make some money, good for them. I try not to overthink.





I am still holding on to 50% of my original investment in HLS. 

It has become free of cost and I see myself holding on to this investment for many more years to come. 

This is just like my investment in OCK which also became free of cost when I sold half of my investment after its share price doubled a few years ago.

I won't lose sleep over the fact that their share prices went higher after I sold half of my investment. 

I made good money and will probably continue to make money from these investments. 

To me, that is good enough.





If I had a working crystal ball and could see the future accurately, I would not be an investor. 

I would be a full time TOTO gambler. ;)

Anyway, to sleep better at night, we won't be wrong to avoid the phrase:

"If only I had known."

It has no practical purpose.
--------------------------------
Ten Experts On When The Next Recession May Hit, 20 August 2018.






Related posts:
1. Hock Lian Seng returns 100% and more.

2. Breadtalk, Old Chang Kee and QAF.

4 comments:

Eye of the Storm said...

If only I had known to avoid this phrase earlier,,.

AK71 said...

Hi EOTS,

It is one of those things in life we might want to avoid. ;)

AK71 said...

Reader says...
U still holding HLS?

AK says...
Yes.

Reader says...
Not in the list. So less than 100k.

AK says...
Shhh... ;)

AK71 said...

Reader was referring to this blog:
2nd update on largest investments in 2018.

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