KienBoon
12-13
I recalled my Mapletree PanAsia Com Tr; N2IU was trading at up to $1.53 in late Sep 2024. I tried to sell it but didn't manage to get it done at $1.53. After that the price kept moving southwards. Until today it is abt $1.21 which is abt 21% discount from that peak. Fortunately the dividend is still considered reasonable as compared to other counters, i.e. abt 7% at $1.22. Hence, it could be retained as longer term investment. In fact most investors would keep it for long term dividend distribution. But 1 lesson could be learnt from this scenario. If we want to sell off certain counter due to target achieved for example, just get it done even with 1c queue lower or last done selling price if possible. Otherwise profit could be eroded badly from a hindsight perspective. Nevertheless buy good counters that give reasonable and regular dividend will help to mitigate such kind of scenario. Cheers. And hope that MPACT will recover progressively with FED further reduction of interest rates.
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