With some adjustment of the portfolio, I have some spare cash and decided to add back some HRnetGroup.
I have nothing to add to what I have written in this post on their 1H results. In short, I think they are likely to sustain their final dividend of 1.87 cents. Together with the interim dividend of 1.87 cents, that would give me a yield of 5.3%.
Will the price drop to the October’s low of $0.635?
Maybe. I don’t read chart, so more often than not, I do not get the best price for my purchase.
Another example to show how poor my timing can be is my purchase of The Hour Glass today.
The price dropped by another $0.10 by the end of the day. If only I wait, I would save $400 for my purchase! And save $1,360 from my last purchase! Only time will tell if I will get back these loss or I will lose even more money.
Again, nothing new to add from this recent post Added more Sheng Siong and The Hour Glass. Basically, I think it can sustain its 8 cents dividend and that gives me about 4.7% yield based on my average price.
Yup, that’s all. Just a short update on my purchases these two days.
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