Reader:
Thanks for always mumbling to yourself.
Have always been looking forward to your post daily.
Since i chosen to write to you, I really must say I appreciated your writings n enlightenment most times if not all the times 'cause sometimes I also got lost with your numbers crunching off the records.
Ok, back to your latest post on "To invest or not in Centurion Corp",
After reading the whole thing, at 54c a share n dividend yield of 3.88%( taken from your calculations), even though you mentioned ,"...on Guoccoland n Tuan Sing, a dividend yield of 2.37% is still relatively decent", I'll not bite simply due to the uncertainties in the market right now with many factors like the north korea, trump, etc
But if i"d bought at the same price like you at 38c with a dividend yield of 3.37%, I may consider adding more at 54c now since the yield has increased though my base price may have gone up after averaging, believing that it's a growth stock.
I know i may miss an opportunity but I dont have a big warchest like you :) :))
The last time I read your vested interest in the above company, I've questions about is imminent expiry of its warrants n possible dilution.
Hence, I hesitated.
Now, I cry as i see how much the price has gone up :((
May I hear you talking to yourself about market directions and your holdings.
I know that one cannot time the market but dont you want to cash out since you're sitting on very good profits.
N hope to catch the next wave again with bigger warchest?
AK:
Don't cry. There will always be other opportunities. Mr. Market is not lazy like AK and will never retire. ;)
OK, I am going to show you how lazy I am again. Read this:
http://singaporeanstocksinvestor.blogspot.sg/2014/11/sell-stocks-now-and-wait-to-buy-back.html
Related post:
To invest or not to invest?