Haio has being continuing decline to RM6.52 today. After factor out the dividend received, my last investment into the counter will have about 10% loss. The magnitude of the fall has been out of my expectation. However, its PE has dropped to 10.73 and dividend yield of 6% after this saga. At such valuation, i still think it is worth holding onto. Since i've actually endured even heavier fall last year on my stocks thanks to global crisis, i should hold through this period for Haio. As such i will just shut off my senses on it and keep holding.
There is however a thought on whether i should buy in more. i think probably not as i have set my target to diversify into other stocks. I'll keep my option open for the moment.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment