Finally.. been holding Tomypak a bit longer than I planned. It's alright however, as I made a small profit from the increase in share price and the dividend received. I sold my Tomypak last week for 1.92 (it did went up to 1.95 I think).. I am still happy with this trade although I only made small profit. Lesson learned from this trade is -
I should have averaged down when the price go down to 1.65. No courage to average down as I did not have much confidence in the company. If I have done some research and found confidence, I would have profited more as the quarterly result improved this time.
Another thing that I want to record is that I bought JAKS on impulse as I have read that KYY emerged as one of the largest share holder in the company. It must have some strength if KYY has so much confidence in it. Unfortunately, its recent quarterly result was not good. My average is around 1.31. It went down to 0.99 the next day when the result was released. Reminded me of INARI when I bought for 2.6 two years ago and sold for 2.2 after a few days on panic selling (it went up to 3.0 a few days later). I managed to calm down and stop myself from selling. I guess just now selling is not enough.. the price rebounded with three long white candles and comes back to hit 1.3 again today. If only I average down at 0.99....
