Finally, after 2 years and 4 months, I've double the holding in Valuetronics Holdings Ltd at $0 cost.
Started investing in Valuetronics Holdings Ltd in Jun 2017 taking the opportunity of then 1 for 10 bonus issue (refer here). During those periods was waiting for opportunity to add more at bargain valuation after putting aside designated capital in the Stock Incubator portfolio. At the same time feeling nothing to lose also adopt the 孙子兵法 strategy that I was using in the Strategic portion of my Investment portfolio. Slowly and with utmost patience, a milestone has reached whereby the holding is doubled, all at $0 cost. Not to mention has been collecting dividend along the way. Based on the closing price of $0.69 on 25th Oct 2019 and assuming I've invested with the quantity that I've at that price, the amount of dividend collected is 12.45%. Not a bad deal at all during these 2 years period.
Doing a recap for those 2 years plus duration, realized that I should have reached this milestone (double the holding at $0 cost) much earlier if not for being over cautious in not incurring cost. Nevertheless, putting aside the time frame for that milestone to be achieved, this proves the 孙子兵法 is working perfectly. Though it is the same concept and underlying as what was being adopted in the Strategic portion of the Investment portfolio, the CPFIS and SRS portfolio, the procedure in doing so is not totally the same.
Going forward, the capital being put aside to acquire more when cheap valuation arises is still there and waiting for opportunity to come. So while waiting, will continue to apply the proven 孙子兵法 strategy to further increase the holding at $0 cost.
Now will have to 2 options in mind. One option is to be more aggressive in the strategy meaning taking more calculated risk to increase the holding in the shortest possible time frame but potentially could incur some cost at some point. The other option is to maintain the same cautiousness to avoid incurring cost but at the expense of perhaps long duration to achieve it.
Started investing in Valuetronics Holdings Ltd in Jun 2017 taking the opportunity of then 1 for 10 bonus issue (refer here). During those periods was waiting for opportunity to add more at bargain valuation after putting aside designated capital in the Stock Incubator portfolio. At the same time feeling nothing to lose also adopt the 孙子兵法 strategy that I was using in the Strategic portion of my Investment portfolio. Slowly and with utmost patience, a milestone has reached whereby the holding is doubled, all at $0 cost. Not to mention has been collecting dividend along the way. Based on the closing price of $0.69 on 25th Oct 2019 and assuming I've invested with the quantity that I've at that price, the amount of dividend collected is 12.45%. Not a bad deal at all during these 2 years period.
Doing a recap for those 2 years plus duration, realized that I should have reached this milestone (double the holding at $0 cost) much earlier if not for being over cautious in not incurring cost. Nevertheless, putting aside the time frame for that milestone to be achieved, this proves the 孙子兵法 is working perfectly. Though it is the same concept and underlying as what was being adopted in the Strategic portion of the Investment portfolio, the CPFIS and SRS portfolio, the procedure in doing so is not totally the same.
Going forward, the capital being put aside to acquire more when cheap valuation arises is still there and waiting for opportunity to come. So while waiting, will continue to apply the proven 孙子兵法 strategy to further increase the holding at $0 cost.
Now will have to 2 options in mind. One option is to be more aggressive in the strategy meaning taking more calculated risk to increase the holding in the shortest possible time frame but potentially could incur some cost at some point. The other option is to maintain the same cautiousness to avoid incurring cost but at the expense of perhaps long duration to achieve it.
