30-07-2014, 08:22 AM
With dividend yield of around 7%, NAV of US$0.91 (0.91 times of NAV), is this counter neglected or not worth investing?
I have invested in this counter since 2011, buying prices between US$0.65 to US$0.85, still trading at paper loss as at yesterday closing price. From hindsight, despite paper losses since day 1 of purchase, I have been receiving dividends of at least 6% since, and all dividends are reinvested, I think it is a good investment from dividend yield...
Any comments from fellow VB members?
I have invested in this counter since 2011, buying prices between US$0.65 to US$0.85, still trading at paper loss as at yesterday closing price. From hindsight, despite paper losses since day 1 of purchase, I have been receiving dividends of at least 6% since, and all dividends are reinvested, I think it is a good investment from dividend yield...
Any comments from fellow VB members?