Shares & Derivatives
Recent Action – Ho Bee Land
By A Path to Forever Financial Freedom (3Fs)  •  July 1, 2016
This will be a quick update to the portfolio as I made another divestment, this time Ho Bee Land for 22,000 shares at a price of $2.13. I started accumulating Ho Bee during late last year and even more earlier this year with the thesis of a strong recurring income play, particularly in the UK where they have geared up to buy one after another in quick succession. Based on the recurring income alone, they should be able to pay dividends of up to 7 cents to its shareholders which is what they have been doing in 2015. At current closing price of $2.13, this represents a decent yield of 3.2% for the shareholders. The Brexit event turned out to be one of the factors that influenced my decision to divest the company at this point as there will be more uncertainty towards both how the UK ...
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By A Path to Forever Financial Freedom (3Fs)
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