You may well be right. Although when I sold my holding, part of my thinking was that if the SP did not spike in a hurry, I could get back in, becaue I like LYL as a company. I have a capital loss that I have been carrying forward for years, so realising a $50+k profit would reduce that, but not attract tax. Also, I had taken funds from a mortgae account to buy those shares in February 2022, so I can tip what I realised by selling them back into that account, and thus give it leeway, should I fancy another punt of the nobrainer variety.
On the metrics you mentioned, I will in coming months have a deeper look into LYL's financial report, because the way LYL reports needs to be scrutinised. Hypothetically, LYL could have X million in cash that is in effect a customer's deposit, or on the NPAT aspect, a reversal of a large provision can inflate profit that had been deflated in the past by over provsioning. I just was not in the mood to delve into the accounting, because, as I said, unless the SP runs generously northward, I could get back in if I think the stock is going to remain resonably liquid (historically, LYL has been an illiquid stock).
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Last
$13.76 |
Change
0.060(0.44%) |
Mkt cap ! $546.8M |
Open | High | Low | Value | Volume |
$13.67 | $13.82 | $13.63 | $436.7K | 31.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 133 | $13.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.76 | 1856 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 133 | 13.680 |
1 | 133 | 13.660 |
2 | 15133 | 13.650 |
2 | 278 | 13.630 |
1 | 1523 | 13.500 |
Price($) | Vol. | No. |
---|---|---|
13.760 | 1856 | 1 |
13.770 | 133 | 1 |
13.780 | 133 | 1 |
13.800 | 133 | 1 |
13.820 | 133 | 1 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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