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21-03-2012, 03:26 PM
Bro, if it comes to 40cts, will u be gung ho enough to put 30% of my spare cash into this company?
This is the type of question I ask myself... can I sleep well with the kind of company and the managers running it. If not, I pass...
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I bought below 30c so my return is in excess of 105% or 140% if you includes the distribution. So MIIF has been a good investment for me though I have been tempted to sell a few times in the past yr. But I decide to let it ride (for now) because my stake is not very big. I think I will probably end up taking a cue from you when to sell.
This kinda of remind me of my own investment in AIMS and Saizen. As IPO investors, I'm still in the red but those who have bought in at the 'right' price aftre the GFC would probably also be sitting on very nice returns.
This is probably true also for MIIF investors who bought at the 'wrong' price.
[/quote]
This is the type of question I ask myself... can I sleep well with the kind of company and the managers running it. If not, I pass...
[/quote]
I bought below 30c so my return is in excess of 105% or 140% if you includes the distribution. So MIIF has been a good investment for me though I have been tempted to sell a few times in the past yr. But I decide to let it ride (for now) because my stake is not very big. I think I will probably end up taking a cue from you when to sell.
This kinda of remind me of my own investment in AIMS and Saizen. As IPO investors, I'm still in the red but those who have bought in at the 'right' price aftre the GFC would probably also be sitting on very nice returns.
This is probably true also for MIIF investors who bought at the 'wrong' price.
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