"The current share price, as we move to mining , is pretty good for me as a fair proportion of my shares are at a 22 cent entry point [ average 50.7 cents ] but what I invested in CDU for is the dividends and as I stated on a number of occasions a 10 cent dividend would give me a return of nearly 20% on my money. It would be even better for another family member whose entry point is 33 cents. She reaffirmed to me yesterday she is not selling."
Roh,
You are still referring to "YOUR ENTRY PRICE" for "YOUR" CDU shares. But what you are failing to address, especially when you are posting in a Forum which is shared by dozens of investors, is the fact that not all of them are in the same strong position as you are. As a matter of facts, many could still be underwater and just hanging on by the skin of their teeth.
So, when you are singing your praise and promote your benefits while keep on reminding others of your good position, just give a passing thought to the ones that aren't in the same position as yourself. My entry price for instance, was at an average of 29 cents for quite sometime (until I decided to load up heavily. Silly of me in listening to the glittering stories of you know who), but you don't see me keep on reminidng others that I am sitting in a commanding position while others are just hanging on.
Now, and finally, in regard to the divvies part. How much good would your been happy with receiving 10 cents per shares thus giving you a 20% return on invetsment, when that part does not help one iota many others CDU shareholders/investors frequenting these threads LOL.
Me, for instance, as part of many other shares in my investing portfolios, I hold about 10k CBA shares which costed me roughly a little more than $50k dollars in total, and where my yearly dividends gives me way in excess of 50% return on investment each year, (last announced final dividends amounting to $1.97 per share giving a total yearly dividend of $3.34 per share with resulting of approx. 66% return), yet, you never see me writing that anywhere (unless I was asked or forced to do it like in this very instance), let alone in the CBA Forums lol. Reason being, what good does that do to the other investors??
Cheers, and please spare some thoughts to others that aren't in that same position as you are. You are lucky that you are in that position. They are not!!
B...
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