mlennyma wrote:Spikes wrote:mlennyma wrote:whiteowl wrote:Been in this since 8/= and I'm not selling unless I see a crazy rally.The turnaround is complete and now it's all profits for the coming years.
capital gains aside for now, before I finish the final yr dividend,an interim will have been declared to keep me eating all year round,I saw something like 11.60 anything above 14 is very tempting so help me God to overcome temptations
When it hits 14 offload and relax. You will board @8 together with me!
i consider the exit commission /re-entry commission, monitoring and waiting for it to come down,not worth it let me just eat the full dividend, pesa ya sukuma sitaki
i don't mean @spikes is very right but let me give an illustration where i could have bought i KK shares in 2014 and monitor/trade and commisions @ 2.2%, keep in mind
the pendulumBuy 10000 shares @8.5 = 85000, Add
commission = 1785, Total = 86785
I could adopt any of these two:
A. Hold the 10000 shares up to now and bag a dividend of 3500/=(10K * 0.35). Hold and hope for a bonus of 1: 10 thus total shares will be 11000.
B. when the price gets to 10.30 i sell all of them
sell 10000 @ 10.30 = 103000, Subtract commission = 2266, cash = 100734
when the pendulum swings into action and price dips to 8'ish i buy again using the above amount; ( selling for a low re entry)
Buy 12300 @ 8 = 98400, Add commissions = 2164.8, Total = 100564.80
Bag a dividend of 4305/= (12.3k* o.35). Hold and hope for a bonus of 1:10 thus total shares will be 13530.
Moving forward who benefits more?
One has to keep in mind that there were all sings of Pendulum in KK which makes one trade in it. Just as @ murchr said on the other side. this may not apply to all stocks at all times.
No one is clever enough to beat the market, no single model is the only successful one in the stocks market but a method that profits the investor in that season is the workable model in that financial period.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!