I have been a shareholder of Hock Lian Seng's since 2010. I accumulated a core position in the stock and also did a bit of trading for extra pocket money. In the last couple of years, however, I have mostly been accumulating the stock because I thought Mr. Market was too pessimistic. The last time I bought more of the stock was in February 2014 at 25.5c a share. Before that, I bought more in May 2013, at 26c a share. As some readers might have guessed, I developed an interest in Hock Lian Seng because of its attractive dividend payouts. Hock Lian Seng pays out about 40% of its earnings as dividends to shareholders every year and the yield is upwards of 5%. I was waiting for more weakness in its share price to accumulate and since the stock was hardly covered by analysts, I thought the chances were quite good. Well, I think ......