divinepapa
:
No right or wrong, such as sell now and pick up when dyodd of yours says it dip further suck as more than 0.05 and beyond. Generally , hold if it stays within - 5% range. Crucial point is sgx making money? If yes, the capital growth likely happen. Another, do they paid dividend, if positive then treat it as FD. Over the years, gain both.. Capital and interest in form of dividend (sgx pay 0.08 per quarter thus far and consistent). No promise except solid track records
divinepapa
mamamia619
:
He has 1000 shares. 1000x0.32(annual dividends) = 320. This is approx. 11k investment or translate as 2.9% interest for 11k per year.
LogMyTrade
:
My little take hopefully, in your decision making. For the last few days, 10.9 - 11.1 support has been holding up quite well. Should the stock close below 10.9 on a daily basis, I would be looking at the 10.2 - 10.5 support range. So let say the stock hits 10.5 and you are still holding on to it - you will need to HODL the stock for about 3 years for the dividends (assuming it continue to give out dividends at the last quarter rate) to cover your capital loss. Then the question you want to ask is what is the chance that SGX will announce a game changIng, revenue exploding, cost reducing service or product to grow the stock price in the next 3 years so that your invested capital will grow and not shrink. When you form the answer to this question, you will then know whether to hold or cut loss and invest some where else.
Ameeee : U sell now u make a lost. You should hold
conscientious Buffal : No need panic sell. just keep for dividend. Annual dividend got sgd 320.
divinepapa : No right or wrong, such as sell now and pick up when dyodd of yours says it dip further suck as more than 0.05 and beyond. Generally , hold if it stays within - 5% range. Crucial point is sgx making money? If yes, the capital growth likely happen. Another, do they paid dividend, if positive then treat it as FD.
Over the years, gain both.. Capital and interest in form of dividend (sgx pay 0.08 per quarter thus far and consistent). No promise except solid track records
mamamia619 conscientious Buffal : you mean sgd 32 ? unless you buy 10 lots of this stock
divinepapa mamamia619 : He has 1000 shares. 1000x0.32(annual dividends) = 320. This is approx. 11k investment or translate as 2.9% interest for 11k per year.
LogMyTrade : My little take hopefully, in your decision making. For the last few days, 10.9 - 11.1 support has been holding up quite well. Should the stock close below 10.9 on a daily basis, I would be looking at the 10.2 - 10.5 support range. So let say the stock hits 10.5 and you are still holding on to it - you will need to HODL the stock for about 3 years for the dividends (assuming it continue to give out dividends at the last quarter rate) to cover your capital loss. Then the question you want to ask is what is the chance that SGX will announce a game changIng, revenue exploding, cost reducing service or product to grow the stock price in the next 3 years so that your invested capital will grow and not shrink. When you form the answer to this question, you will then know whether to hold or cut loss and invest some where else.