tag:blogger.com,1999:blog-1609074421438585217.post8252493284861313526..comments2024-01-28T11:41:12.149+08:00Comments on T.U.B Investing: Divestment Of Vibrant Group Limited And My AfterthoughtsThe Unique Bunch (T.U.B)http://www.blogger.com/profile/18291160695754244321noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1609074421438585217.post-68669722072137392472016-07-13T09:01:54.141+08:002016-07-13T09:01:54.141+08:00Hi mslee888,
Thank you for reading and commenting...Hi mslee888,<br /><br />Thank you for reading and commenting again.<br /><br />When I purchase the stock using this deep value investing strategy, my target is around 70% to 80% of the NAV.<br /><br />However, it also depends on the business environment at that time. If it is in a bull run, I may have hold it longer. But as per current business economy, I doubt it can hold so long. Thus, I sold it after this sudden rise.<br /><br />This is different from my Enhanced Triple S Scorecard Strategy. The stocks that pass my Enhanced Triple S Scorecard are really good fundamental stocks that I will hold for a long time.<br /><br />But these deep value stocks are to me of High Risk stocks. They are actively monitored as there could be factors that I am ultra uncomfortable about, but I may still go ahead and invest in them.<br /><br />For me, in my last post, I already explained Vibrant Group association with China is too much and the leverage is even higher. So the factors that I question when I got into Vibrant at the very initial stage just got bigger. Thus, I sold it after it rises recently.<br /><br />Maybe to enlighten you further, Vibrant rises to $0.350, 2 to 3 days after I went in at $0.305. But at that point, I think the pros outweight the cons and I decided to hold on to it.<br /><br />Eventually, I maybe wrong in selling Vibrant Group at this price as it could rise even higher. But I guess with this gain, I am satisfied. The Unique Bunch (T.U.B)https://www.blogger.com/profile/18291160695754244321noreply@blogger.comtag:blogger.com,1999:blog-1609074421438585217.post-72266843134874651322016-07-12T18:20:05.571+08:002016-07-12T18:20:05.571+08:00Hi, congrats on your divestment.
I am wondering wh...Hi, congrats on your divestment.<br />I am wondering when you purchase a stock, do you have a profit or price target? Or jus that the stock ran up 37% over a short period, you will immediately exit? If the fundamentals have not changed from the time you first purchase, you will also just sell just because the price has ran up?Anonymousnoreply@blogger.com