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IPO at bad timing, over priced and some more shipping industry is not doing or rather recovering well with now so many uncertainities in Europe (PIIGS) issues, Middle East, USA slow growth, Japan Tsunami, etc Inflation allover.
Sigh!!!!
AnthonyTan ( Date: 24-Jun-2011 10:55) Posted:
Sold the shares IPO @ US$1.01 is laughing all
the way to the bank lor. Investors got hit and
suffer blue black eyes. |
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Sold the shares IPO @ US$1.01 is laughing all
the way to the bank lor. Investors got hit and
suffer blue black eyes.
Look like it is still in the downtrend. Can not see the bottom yet.
Sigh!!!
AnthonyTan ( Date: 24-Jun-2011 10:28) Posted:
I think the DPU and yield depend on the profitability
of the co.
Quantico ( Date: 23-Jun-2011 22:16) Posted:
FY 2011 DPU is 5.9 cents. At 79 cents, the yield is 7.4686 per cent. Quite attractive. My view is that a bit late to cut. I may buy more at lower prices say 75 cents, 70 cents. Only unknown is how many shares will Capital Group sell? The more they sell, the lower will the price go |
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I think the DPU and yield depend on the profitability
of the co.
Quantico ( Date: 23-Jun-2011 22:16) Posted:
FY 2011 DPU is 5.9 cents. At 79 cents, the yield is 7.4686 per cent. Quite attractive. My view is that a bit late to cut. I may buy more at lower prices say 75 cents, 70 cents. Only unknown is how many shares will Capital Group sell? The more they sell, the lower will the price go.
TANS0106 ( Date: 23-Jun-2011 12:31) Posted:
| I have 16 lots man. 8 from the IPO price of 1.01 and another 8 at 0.90. Should I sell all, cut half or hold? |
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I think the business prospect is not so positive. Shipping is still down. This might affect their revenue..
Short term may still go down..
Quantico ( Date: 23-Jun-2011 22:16) Posted:
FY 2011 DPU is 5.9 cents. At 79 cents, the yield is 7.4686 per cent. Quite attractive. My view is that a bit late to cut. I may buy more at lower prices say 75 cents, 70 cents. Only unknown is how many shares will Capital Group sell? The more they sell, the lower will the price go.
TANS0106 ( Date: 23-Jun-2011 12:31) Posted:
| I have 16 lots man. 8 from the IPO price of 1.01 and another 8 at 0.90. Should I sell all, cut half or hold? |
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FY 2011 DPU is 5.9 cents. At 79 cents, the yield is 7.4686 per cent. Quite attractive. My view is that a bit late to cut. I may buy more at lower prices say 75 cents, 70 cents. Only unknown is how many shares will Capital Group sell? The more they sell, the lower will the price go.
TANS0106 ( Date: 23-Jun-2011 12:31) Posted:
| I have 16 lots man. 8 from the IPO price of 1.01 and another 8 at 0.90. Should I sell all, cut half or hold? |
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To be honest, I buy this stock mainly for its dividend and don't expect much on capital gain. However, don't expect it dropped so much .... looks like I have to hold it much longer than I initially anticipated.
Dear Veteram Wishbone.
Any insight on why it is going south so jailatly?
This counter since its debut drops until now except once which just slightly above water (the IPO price) for a dayor rather a few hours and then down all the way. Form 1.01 to now below 0.800, si pae jialat man!!!!!
LCK's stock. Sigh!!!!
Yup. I have decided to hold on and let the sellers dominate for now and ride on the rebound. Afterall, there is still the dividend to sustain investors. Silly to exit now.
oh man .... i bought it at 10% lower from its IPO price and now another 10% knocked down.
Sell or hold ... ?? If you have the holding power, hold it for its dividend but not sure when it coming. Else, sell and get the fund on other counters. I intend to hold as i just have small quantity.
I have 16 lots man. 8 from the IPO price of 1.01 and another 8 at 0.90. Should I sell all, cut half or hold?
Capital Group is selling. They are big seller. Better wait for lower price before buying. Maybe 70 cents.
Mr Market having mood swing about this stock at the moment.. Maybe mood will change towards end of the year?
Any idea why is people selling HPH? I understand that shipping rate is down and the weakening USD. However, company as a whole, it is still fundamentally strong, Do you think it is oversold?
