Sunday, 21 September 2014

KLSE: Sell INSAS

Finally, I admit my "mistake" for keeping INSAS. I hold this share for too long, longing for a higher return. The fact is that, I could have had the same return 6 months ago, when it soared from 0.90+ to 1.20+. But I chose to stay on. My capital just can't stay the same all the time. I decided to sell eventually.  



Usually a stock with "big fish" in play will move within 3 months after the first round, but INSAS is way too "exceptional". In 6 months, people can already buy other share and gain satisfactory return from the trading. So I have to "change horse" (i.e. switch stock), to look for other opportunities.

Regardless, I still think this is an undervalued stock. I understand that releasing its values and potentials is just a matter of time. But it is just too long for me to wait. And no dividend some more! Earn so much then no give dividend, how can?!

I've had enough with you. Bye.