The good news is on NAV perspective there is still about 6 cents to be collected. I don't have the experience to tell how much will be left for shareholders before AGT completely close shop. I am looking for 3 cents at least.
Obviously Year 2020 will not be the right best measure for 2021 dividend plan. A one time deal as I split the investment across a number of stocks to compensate for the DPU loss from AGT delisting.
As it current stand, $88,845 for Year 2020 YTD. Excluding AGT with it's regular dividend that are loss the rough theoretical value of $55K by year end.
And yes there is some ready cash now to boost the dividend further. Any recommendation for Kiasu and Kiasi ... investor ?
Cory
2020-1016
Buy back JD.com, Sheng Siong and Vicom
ReplyDeleteFrankly none in my radar to buyback currently unless something drastic change in their prices
DeleteI just wanted to point out that, you often quote about the money made in selling some stocks and subsequently bought back at lower price. What about buying back those shares at a higher price that you sold earlier? Maybe in the end, it is better to just buy and hold the shares and not trade, if there are no reason to sell because of the fundamentals. Your stock picks are quite reasonable. Just my comments for your consideration.
ReplyDeleteI have this thought earlier as well. Deep in a few of my articles I do have remorse on such blogged. Due to speculation habits in stock investment in my early days ( decades ago ), I have slight edge so far but I don't have a firm figures overall. Having say that, I am always in learning process. Very good qn.
DeleteThe key Strategy is I know quite a number of stocks relatively well. Say 60 of them and I am vested in 20. While market usually move in tandem the pricing is not perfect. So often there is some opportunity when market misprice it. I am probably 65% right and 35% wrong. So as long I ensure my trading cost is covered, I will be net positive. This doesn't sound like a dividend player guy but I assured you I am due to my familiarities with quite a number of them. When I sell one stock which provide XX dividends, I will find another to refill it back so in net my annual dividends will be maintain roughly.
I am not saying that you are not doing well in trading. My point is if you include those stocks that you sold (not due to fundamental) but did not buy back, e.g. JD,com, Sheng Siong, Vicom etc., you could have done much better if you don't attempt to sell and hope to buy back later. The assumption here is that your stocks picks are reasonable.
ReplyDeleteA lot of bloggers quoted the money made in trading, but forgot to cater for those he sold but did not buy back; similarly many bloggers quote money made in shares that he bought and held, but not those money lost in those shares that he bought, held and lost.
Just my comments to be more objective, for your consideration.
No worries but i am not sure i could put it in words that easily comprehen. In net i am still ok because when we sell the fund is not idle, it pick something else which rises about same period. For example Vicom, i sold high but not the peak, however the fund released i got something else which rise say SGX without committing warchest fund to risk. For stocks like JD or ShengSiong my funds are very small to be meaningful.
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