Hello Pezz, Today's Report:
That <<Modern Beauty>> finance.yahoo.com declared a dividend of HKD 0.138, which, at my purchase price of HKD 1.07, represents a 12.9% dividend yield.
I would say my fortunate purchases Message 22585913 , in some what of a hurry, was well-timed, almost choreographed, simply elegant, and thus deserving of delicious reward.
Anyhow, I think, barring <<bird flu>>, the stock can reach HKD 2+ within 12 months, assuming their rollout in China goes as planned, and J6P keep buying goodies and junk from W3C, so that W3C can visit with Modern Beauty ...
On the other hand, looks like global trade system may fail ...
Something to think about over the weekend.
The stock is nice, given that one typically cannot fake dividend payout (especially if one does not borrow moolah), which, btw, in freedom-loving Hong Kong, is tax free. Compounding is fun. Getting paid while waiting is nice too.
On <<gold>>, my feel is that it is early days yet.
Chugs, J |