11-08-2021, 08:17 PM
SIIC@19
Initially, I was about to says that I'd not take a look at SIIC and wanted to gives some general comments too.
But, I worried that moderator will come in, so I spend 5 mins of my time looking at SIIC latest Qtr results, dividend history and price chart:
1. Financial result actually quite decent - pass.
2. Balance sheet - too much debt to my liking.
3. Dividend history also quite decent - pass. But, my mind was thinking where did SIIC come out with so much cash to pay dividend? I put SIIC into the too difficult category.
But, out of curiosity, I took a quick glanced at it's price chart and realised why our valuebuddies started to buy SIIC.
For me? it's too difficult and I wish those valuebuddies vested/vesting - good luck.
I agreed 100% with Karlmax.
Just wanted to add that other than hard works, luck regularly played a part too.
Refers to OPMI, about the investment style called "paying for school fee". This really make my day. Thinking back, this is actually my favourite investment strategy.
Thank you everyone.
I had learn a lot from you.
Gratitude.
Initially, I was about to says that I'd not take a look at SIIC and wanted to gives some general comments too.
But, I worried that moderator will come in, so I spend 5 mins of my time looking at SIIC latest Qtr results, dividend history and price chart:
1. Financial result actually quite decent - pass.
2. Balance sheet - too much debt to my liking.
3. Dividend history also quite decent - pass. But, my mind was thinking where did SIIC come out with so much cash to pay dividend? I put SIIC into the too difficult category.
But, out of curiosity, I took a quick glanced at it's price chart and realised why our valuebuddies started to buy SIIC.
For me? it's too difficult and I wish those valuebuddies vested/vesting - good luck.
I agreed 100% with Karlmax.
Just wanted to add that other than hard works, luck regularly played a part too.
Refers to OPMI, about the investment style called "paying for school fee". This really make my day. Thinking back, this is actually my favourite investment strategy.
Thank you everyone.
I had learn a lot from you.
Gratitude.