Sarine Technologies

[apenquotes]

Dear apenquotes and other valuebuddies,
Thank you for sharing all the wonderful tips.

@A,
beyond investment analysis, you should consider your temperament too.
like K says, the market might be right.
when I am in doubt, I will sell to my sleeping level.

I personally benefited in your posts tremendously.
Once again, thank you for generous sharing.


formal diamond mine in Russia: pinterest

Hi Chialc88, 

Yup, temperament and sizing are important too. Actually, I haven't been active (in investing) for ages. And my stock holdings have been the lowest (as a percentage) in my record.
Probably below my 'sleeping' level. Definitely much much much lower as compared to previous years - when close to 80%+ of my net worth invested in stocks. 
Actually - in investing in any stocks - I am always in doubt (even for those stocks whose prices are doing well). I will still read up on their earnings performance. And see if the thesis is still intact. However, I only have so much free time. I have been busier at work too.

I always have a problem selling, I have more of a collector mindset than a trading mindset. Bad habit.
But there are always 'easy' sell stocks. Those which are fundamentally bad.

The 'issue' with Sarine, which makes it not an easy 'sell' target - at least in my definition:
Putting aside its dismal stock price performance. Yes, the industry is tough (under-going changes), and as what Karl mentioned, it may not has a great moat. Given it doesn't have exactly cheap services against the backdrop of cheap synthetic diamonds (and lacklustre diamond markets) and other competitors, is that its earnings are starting to improve. And their management is doing many things which seems to steer the company in the right direction, with recurring revenue increasing every quarter, every year. It may not be as great as before.
Fundamentally it is actually a very strong company which is also very rewarding towards stock-holders (share buybacks and high dividend yield).

The only problem stopping me from accumulating more is - for me at least, at this time (perhaps I like the slower pace now), this is the max capital allocation I want to have in stock (given the yield curve flat-lining).