06-07-2016, 11:54 AM
(This post was last modified: 06-07-2016, 11:57 AM by Retired@52.)
Dear Chialc 88,
I invested in Best World International (BWI) because:
1) I understood how a legitimate Multi-Level-Marketing worked.
2) I saw Value in BWI in year 2009. It was traded @ $0.172 down from high of $1.16 on 25th Sept 2007 (Down by 85%) and paid dividends every year.
Since I was a Value-Investor, I bought it.
Now, I divided my holding of BWI into 5 parts and sold 4 parts of it on 8th June 2016 at $1.37 per unit. (Gain 696%).
Currently the price of BWI is $1.50 per share. Will it double to $3.00? Maybe but difficult to achieve 700% from here.
So I would like to share with you my Method:
I keep 1 part of it, which is 20% of my previous holding in BWI.
The other 4 parts are my profits. I invested them in 4 different Companies:
1. Bought Accordia Golf Trust for dividends, current yield is about 12% PA. (I understand Golf Course Business as I'm a Social Golfer for many years.)
2. Bought Hiap Seng Engineering as it has gone down by 87%, paid dividends every year.
3. Bought Falcon it has gone down by 82%,
4. Bought Ezra as it gone down by 96% from its high.
Assuming my investments in these 5 Companies in few years time turn up to be:
1. BWI doubled in value. = +100%
2. One of the Co collapsed. = -100%
3. One of the Co remain same price. = 0%
4. One of the Co double in value. = +100%
5. One multi Baggers. = +700%
(100% - 100% + 0% + 100% + 700%) divided by 5 = 160%
My opinion, split into 5 Companies to get 160% increase is safer then to rely on one company to gain 100%.
Note: All are Assumptions Only. If U don't agree is okay.
I invested in Best World International (BWI) because:
1) I understood how a legitimate Multi-Level-Marketing worked.
2) I saw Value in BWI in year 2009. It was traded @ $0.172 down from high of $1.16 on 25th Sept 2007 (Down by 85%) and paid dividends every year.
Since I was a Value-Investor, I bought it.
Now, I divided my holding of BWI into 5 parts and sold 4 parts of it on 8th June 2016 at $1.37 per unit. (Gain 696%).
Currently the price of BWI is $1.50 per share. Will it double to $3.00? Maybe but difficult to achieve 700% from here.
So I would like to share with you my Method:
I keep 1 part of it, which is 20% of my previous holding in BWI.
The other 4 parts are my profits. I invested them in 4 different Companies:
1. Bought Accordia Golf Trust for dividends, current yield is about 12% PA. (I understand Golf Course Business as I'm a Social Golfer for many years.)
2. Bought Hiap Seng Engineering as it has gone down by 87%, paid dividends every year.
3. Bought Falcon it has gone down by 82%,
4. Bought Ezra as it gone down by 96% from its high.
Assuming my investments in these 5 Companies in few years time turn up to be:
1. BWI doubled in value. = +100%
2. One of the Co collapsed. = -100%
3. One of the Co remain same price. = 0%
4. One of the Co double in value. = +100%
5. One multi Baggers. = +700%
(100% - 100% + 0% + 100% + 700%) divided by 5 = 160%
My opinion, split into 5 Companies to get 160% increase is safer then to rely on one company to gain 100%.
Note: All are Assumptions Only. If U don't agree is okay.