(02-04-2015, 08:06 AM)davidoh Wrote: I apologise for being such a pain and law saw.
I am still learning and wondered if anybody can teach me when to sell LKH or to hold. Should I sell after collecting dividend? Just only got 2 lots of LKH. Thank you. Really really appreciate your advice. No worries, I am solely responsible for my decision.
Paiseh
Perhaps, only god knows. Unfortunately, god cannot disclose….
It may be too late and too low to consider divesting LKH at 73.5 cts (not to mention minimum brokerage).
As I recalled, in past few months, there was a strong accumulation or support at 74 cts for several weeks, prior to the final surge.
I speculate, these buyings had nothing to do with speculators or traders who were totally ignorant about the daily operation of the company.
Chances are the support is likely to continue at 74 (prior XD).
Apparently, the shrew accumulation is taking advantage of the situation.
The fact is, there was nothing wrong with the latest LKH financial result.
It was an excellent, record breaking result (though not as stunning as CES).
If ever there was any disappointment, this was because of the unrealistic expectation, excessive buying and overwhelming trading (prior announcement) which had overdriven the price by a cent or two .
Currently, the unusual dumping is probably a result of the overbought position by short-term traders.
Fortunately, LKH has an extremely small market float and the general minorities are mid to long term investors.
Its downside pressure is limited and will get over and done with really soon.
Strictly on fundamental, historical integrity of company and dividend policy, this counter offers an exceptional high level comfort.
LKH is conservative and prudent, low-risk-low-return, not many can beat its track record in dividend.
However, often not a fund managers’ counter, as such, hardly recommended by analysts, despite of its awesome fundamental and attractive price.
Many only learn about LKH through their own due diligence and remains a strong believer for good.
If ever LKH is privatized, will it bring a windfall ?