Captain HindSight; Starhub and Valuetronics
"Should have seen it coming, should have read the signs. Anyway, I guessed it's over." As Westlife would sing. How apt. However, is it really over?
I went into the weekend abit dispirited. Starhub and Valuetronics announced the latest financial result this week. Man, the market didnt take kindly to it and got punished and tortured. I basically lost all 12% of capital gain on starhub and maybe 5% on Valuetronics.
I know from the start these stocks are speculative for me. And the best part was i told myself to sell Starhub before the financial announcement. Alas, i didnt go checking the announcement date. When i realised, it was already too late. It got punished 12% down. At that point of time, it was too late to sell. So essentially, starhub's profit plunged and decided that 4cts per quarter dividend is not sustainable (Which i know) but will plan to have at least 9 cts per year from FY19 onwards.
Valuetronics was not spared as well. Down for consecutive 2 days afte…
I went into the weekend abit dispirited. Starhub and Valuetronics announced the latest financial result this week. Man, the market didnt take kindly to it and got punished and tortured. I basically lost all 12% of capital gain on starhub and maybe 5% on Valuetronics.
I know from the start these stocks are speculative for me. And the best part was i told myself to sell Starhub before the financial announcement. Alas, i didnt go checking the announcement date. When i realised, it was already too late. It got punished 12% down. At that point of time, it was too late to sell. So essentially, starhub's profit plunged and decided that 4cts per quarter dividend is not sustainable (Which i know) but will plan to have at least 9 cts per year from FY19 onwards.
Valuetronics was not spared as well. Down for consecutive 2 days afte…
