“Devote at least an hour a week to investment research. Adding up your dividends and figuring your gains and losses doesn’t count.” ......
As mentioned previously, I like simple understandable companies. Sort of like lemonade stands – with simple business model, simple cash flows, and hopefully increasing earnings. However, even lemonade stand owners have worries eg. price fluctuation of lemons, declining customer traffic, increasing rents, a new lemonade stand next door, etc.
I am sure many Value Investors in Singapore would be aware of Vicom (read here). It is a small fish in the big ocean of our financial markets with a market capitalisation just north of S$570 million. To me it is one of the first original Singapore Value Growth Stock I have read about, and which I have invested in. I first bought Vicom in 2011, and have been sitting on some paper gains (not to mention dividends).
