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 The stock market is a device for transferring money from the impatient to the patient.

 The stock market is a device for transferring money from the impatient to the patient.

Why must it be so?

Answer:

Because the market wants to earn fast money

The market wants excitement

So no no no for all dull stocks

 

The value investor must then be the lone ranger

He buys during pessimism

He buys when others fear

He goes against human feelings

 

But he by virtue of being  patient will finally get to earn &

Prevail while the other 90% impatient ones will eventually

Lose out

 

Naim already proposed sale of 2 lands for rm340 millions

And in the proposal naim has stated that from the sale rm90

Millions will go for dividend which is about 18 sen a share

1) after egm approved all proposals then will come full

Payment from sarawak economic development

 

2) that will take one month

After that will come 18 sen dividend as proposed

It will take 12 months (can be earlier) for the payout (yield

Is 22.9%)

Now many cannot wait that long because they are very

Impatient to wait that long

So?

Go chase/punt/gamble hot hot stocks of the day???

Is there a certainty you will get 22% for all your effort?

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-11-story-h1534585244-WHY_THE_10_MINORITY_WHO_BUY_AND_HOLD_NAIM_WILL_BE_BETTER_OF_THAN_90_WHO.jsp

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