One of the news which has brought some life into the stock market this week was the purchase of a minority stake in SingPost by the Chinese e-commerce giant Alibaba. Everyone knows or should have heard about this highly successful company and it's founder, Jack Ma, so no need to spell further. A friend who has bought some shares prior to this announcement was in dilemma on whether should he take profit or keep it for it's dividend. I believe there are many like him, not sure what to do, and well, on a positive note, it is a good problem isnt it. I have shared with him my thoughts and here it is what i have told him.
Fundamentals
Let's take a look at the share price, and with the spike from the news this week, you will find that it is already multi-year high as shown in the ...
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