Jardine Cycle & Carriage

[karlmarx]

Indeed there is uncertainty in when the rights will happen, but certainty that it will happen. But that is beside the point.

The reasons why some are willing to buy (more) JC&C stock, and while others are not, is most probably a function of their level of certainty of JC&C's future prosperity.

I think that's how most money is made from investments; a very strong certainty of what is going to happen in the future, and betting on it. Of course, conviction is useless if your assessment of the future turns out to be wrong.

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Patience is indeed very important when playing the long game. Big money can be made if you sat on the correct stock for a long time. But it can also be(come) an impediment against decisive action.

There will be times when you will do good to cut loss and move on. And there will be times when you will do good to pay a higher price to own your desired stock.

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I have not looked closely or considered seriously JC&C. But I think if one were to buy at about current prices, it is not likely that this investor will do very badly, over the long-term.