Investing for Hi-yield 2

So one of the short cuts I take when searching for stocks to purchase would be to scour the net (forums, magazines, bank investment articles and such) for some ideas. Two ways to work on this: one is to research on the recommendations, the second method is to avoid those recommendations as you would assume that all attention is being placed heavily on it and it is probably fully valued or the BBs are creating a hype to unload it to retailers. (comfort anyone?)

I saw a mention of Pan Hong Holdings some weeks back, being an undervalued counter (way below nav I think -50%?) and it pays out pretty high dividends of >5% I started to look into it. Normally I am skeptical of anything related to china , especially if these related to properties in less than ideal 3rd tiered cities. However the valuations and figures are so compelling, assuming it was slightly overvalued, there is still much meat left. I took the plunge with a small position and it all turned out well shortly after with the company announcing a div in specie to unlock shareholder value by distributing shares of Sino Harbour. Two weeks, 25% gain including div. Some hindsight as a lesson to myself:

1) always do enough groundwork- work caught up with me recently and I did minimal research which led to selling too soon (no confidence) and not averaging down (when it drop from 23c to 19c)

2) I forgot to look at float. At 74% (cant recall) privately held, PH is definitely something like FCL and Simlian where majority shareholder would feel the pain of a low share price. Its high dividend policy also suggest that like the aforementioned two companies, the "returns" are distributed via dividends. Simlian took themselves private due to the severe undervalue and in that year (2015?) they were slated to distribute around 10% yield. Why share the profit with a bunch of fools who doesn't not value your wonderful company? I would take myself private too. lol

3) always have a clear pre-buy list ready. You never know when you will be busy to the point where you are unable to make off the fly decisions. I missed out on Wilmar and CWT as I was unsure, but in end it was a clear free angbao by the BBs which many of my friend took advantage while I was out of the picture and was too late.

4) not keeping up with news. I didn't even realized NK shot some missiles till my colleagues told me.. oh man...

So I have been looking at watches these days and decided to get myself an Orient Bambino. It looks classy and has a nice combination of colors in the blue metallic hands against cream dial. At $200+ it was a little bit steep but considering that I was buying a watch for the first time, I would prefer a brick and mortar retailer than ebay.

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She disappointed me for the last time. I told her this is it, and I wouldn't be stooping so low when being treated this way. Gave her a deadline and if she's not picking up her stuff I gonna toss it all away or maybe donate it to the RedCross.

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Work got a little bit busier, due to several changes in the scope of work and new portfolio. I have to liaise with overseas speakers and that will often take up more time than expected. Because of that, sometimes I feel so drained by the end of the day that I skipped gym. Bad idea. cause' it had an effect on my right knee and I went noticeably less explosive and my shooting form was very affected.

Time for a hiatus and train up !

insomnia haunts me again recently. Thankfully, unlike the old days at my rental flat, i can whip up a nice meal to aid me to slp. They say an empty tummy with a full mind keeps you awake and the reverse makes you sleep well..how true.

shes killing me, for the past 6 months I could hardly focus. At times I just want to give up and move on, but I really wish to know the reason. This is so unfair to me.
I guess falling in love doesnt need a reason and the reverse is true too.

As for investment , Singapore O&G is the latest darling for the local retail players this month.
I have personally taken an interest in this medical IPO too, reminded me of QnM where its likely to seek expansion via placement and so on. The dividend payout at 90% for 2015 may seem high but I believe it is a strategy and angpow to the family members. Hopefully it will reduce the ratio and turn into a growth stock.

Hope i can accumulate some of this counter before it runs up too high.