UMS has dropped from 1.20 to 80 cents. Will you buy?

I did. This kind of drop, buy la. Is quite debt free and pay consistent dividend, I buy. But if Micro mech price were the most drop that extend as UMS, I will pounce on Micro mech over UMS. But beggers can't be choosy.

This post has been edited by Ramjade: Jul 5 2018, 09:47 AM

That's good. But my approach is different from yours.
I buy even if its moving up. Especially when there is spare cash lying around doing nothing.

Your method means that in abull market, you not be involved.

Of course. I have no guts to buy in bull market. No margin of safety for me should the price tank.

If you are in for the dividend yield like SREIts, why are you so worried about price tanking IF the fundamentals are intact.
It only means that your yield goes up. Unless you are playing on margins.

If price goes up = I will buy at lesser share. Dividends is based in DPU = get lesser dividends.

Eg. By paying SGD1k for the counter, I can get 6% yield vs SGD1k for same counter at different prices which my yield maybe only 5%, why should I take the cut in 1% dividend when both my modal is the same (SGD1k for the same counter at different ptuce). I might as well wait to get 6% yield.

A very good example would be UMS. Buying UMS at SGD1.20 vs buying at SGD0.80, dividend received on my modal would be vastly different even though say I put in SGD5k each.

This post has been edited by Ramjade: Jul 5 2018, 09:58 AM

So if the 6% yield never arrives?
OR the 6% becomes 7% because earnings is rising and POS is stagnant? YOu do not buy?

UMS is a RIGGED share by their owner. The swings are very volatile. I would not call it a yield stock. More for trading.
Actually did you catch UMS at 90, 80, or 79.5 cents? And why are your figures as such?

BTW micro Mech POS also drop about the same as UMS. 2.43 top to present 1.70 BUYing?

Bro Prophet,... why do you compare HIM with Tan Teng Boo ? TTB has fees every month to wait, hence,... not losing opportunity cost.

WHAT DOES HE HAVE ????????????????

Ohh wait,,,, he has HOPES !!!!!!!!

I THINK,... ERR,... HE HAS NO MONEY TO BUY,..... CORRECTION OR NO CORRECTION,....

Correction will reduce your dividends too,... never thought of this ??? YOU must continue to wait for a correction that will not reduce your dividends....

Please WAIT !

You're wrong ,... must wait for 50% drop-ma,... look at my postings below :-

https://forum.lowyat.net/topic/3727515/+3440

If you buy at 10% drop,... then you got no confidence in your conviction of waiting for a PROPER correction,... how can 10% drop only ??? NO face like that already, bro,....

Don't buy.
If earning is rising, then ok. If earning stagnant, won't buy


Nope. Won't buy. 1.5x is juicy spot. Again fundamental nothing changes vs rise in price. So why should I pay 1.7x when actual price is only 1.5x (I am using price prior to Trump win)

Sorry bro. I have patience which apparently you do not have. I don't want to be caught in a severe correction with no money to buy. Better I have money to buy then rather then no money to buy. That's a very sad case.

Slow and steady accumulating my warchest. No discount, tell me why should I buy? Buy because of FOMO? No thank you.

Not if company is strong. In correction, good quality stock get sold off as there's panic selling. All panicking like headless chicken. Never thought of that eh? If company is weak, yes expect dividend to be cut!!


50% drop also good buy. 10% is where things start looking interesting. Does the dividend yield = the price drop? If yes, can buy small amount. If not, just wait some more. Again what's the rush?

Well,... for myself,...during this period of Trade War,... I'm going for FD only,... I have enough dividends coming in every month to wait,...

And I'm not waiting, perse,... I'm going for FD,...

For me, I am unlocking my warchest for anything which may be cheap. That elusive SATS for eg. If it fall to 4.5x, I will grab.

You put in all your convictions that this company is strong and that company is weak,... then you based your buying patterns on your conviction. You do NOT have enough risk mitigation kungfu. You do not have enough safeguards against a possibility that your conviction of a good or a bad company MIGHT BE WRONG.

Does the dividend yield = the price drop ? - YOU ARE LOOKING AT A LAGGING EFFECT HERE !!!!!!! THIS WAY TO ANALYSE IS WRONG !!!!!!!

Rushing also got got me 60c per unit average price of UMS,... so what do you think ? Rushing is good or not,...

By the way, also many quarters of dpu already,...

Please continue to wait !

Has it ever occured to you that :-

1) UMS may not drop back to 80c ? If you answer me look what happen today,... then you're NOT an investor.

2) Has it ever occured to you you would have earned dividends too for the shares bought with $1.20 earlier ?

3) Has it ever occured to you that the price may not drop back to 80c, but may rise even higher which will lock you out even further from your 'wait' price ?

People like me with no patience and hence, a low quality investor also can catch UMS at 60c. YOU must be holding UMS at 50c now ? Are you ?

Just to add,...

The right way to make the above judgement is to predict as accurately as possible the dpu moving forward, and from here, the possible yield that will come from a particular REIT.

In the current period of rising interest rate environment, this skill is especially going to be very important. I'm too struggling over this now,....