Aguytrying wrote:@ mwanahisa. I can relate to the price swings that make this a favourable share to trade. And you make a good case (as always). p.e 5, dividend yield of 10%, its really a good investment case. even if it does go lower.
As far as trading is concerned, its safe to do it in a share one has long term ambitions in. Otherwise, im done trading( unless for bonus shares of a long term play). Kengen gave me a sucker punch, still reeling from the effects. At least not in a bear market.
@Aguy, Thanks for your kind comments. As you know trading is pretty risky and indeed sometimes you do get caught in some positions, meaning that you to be ready to take some losses now and then. But, if you are a keen watcher of the market you get better at timing your entries which minimizes your risk of loss.
And you have to be content with modest gains and take your profits even when counters look like they have more room to run. That way, profits do not dissipate when markets turn. And of course this way, you are able to maintain a good degree of liquidity for the next opportunity, which will always come along.
But you already know all that!
Now let's see how MSC behaves.