CXZ 0.00% 2.8¢ connexion mobility ltd

Sustainable multi-baggers: The art of holding, page-166

  1. 26,853 Posts.
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    This is where we channel TEP and the hold sentiments


    Sustainable multi-baggers have three characteristics:

    1. Long-term revenue growth
    2. Long-term earnings growth
    3. Minimal to no dilution from capital raises

    When you are holding onto a position ask yourself - is this business growing and making more money per share than it did a year ago? Is the company’s business double the size it was a year ago? Are there opportunities to expand to new customers or increase average revenue per subscriber?

    If the business is doing really well, I have no problem holding this stock. If the business wasn’t performing, I would sell. Successful investors can differentiate business performance from stock performance and can take advantage of those investors who can’t.
 
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