Wednesday, November 10, 2010

October 2010 Growth Stocks Update

No.  Stock Lots Dividends Collected Average Price Net Price

1)  Advance SCT 20 $0.00 $0.05
2)  Noble Group 1 $0.00 $1.74

Capital Appreciation: $260

Besides having a diversified portfolio  of income-generating stocks, I also have 2 growth stocks. They are Advanced SCT and Noble Group.

I know what most of you are thinking right now. You are probably sniggering, "Muahahahahah! So little. Cannot earn much."

It's alright. Most of my colleagues do that to me too -__-"

Well, I know I am quite a conservative investor. That's just the way I am.
I cannot bring myself to invest heavily in a stock that does not pay regular dividends and provide a healthy yield of more than 7%.

Is my way of thinking flawed? Should I change my mindset?

I am looking to go into Medical stocks soon. Still pondering : /

Please let me know your thoughts by commenting below.

Peace out :)


Wealth Journey said...

Don't let dividends be the PRIMARY consideration. The more important thing is whether the company is undervalued and have sustainable growth prospect. The dividend is a bonus.

However, I am also incline to go for dividends above 2% as long as the companies are undervalued.

Dividend Tech Warrior said...

Hi Wealth Journey,

I agree with you. The amount of dividends by itself must not be the primary consideration.

Going for undervalued and sustainable growth companies are important.

One more critical consideration is going for companies which has a monopolistic business such as SPH and telecom stocks.

Thanks for the kind advice. Please feel free to drop by again :)

income investor said...

D.W, Just ignore those noise. To me, it is a great start of your investment journey !! They always say "A Giant Leap Begins With Small Baby Steps". All the best to your investments !! :=)

Best regards,
Passive Returns

Phileas.Wind said...

I can only say that the growth counters are generally more volatile,
and the gain will be a lot better if could master the timing to buy and sell...

well so far i have not being doing well for that

Musicwhiz said...

Why is Advance SCT considered a growth stock? I'm not sniggering like what your colleagues like to do, just curious on the rationale and thought process behind the investment. What is the yield for Advance SCT, how is its Balance Sheet and does it generate good FCF?

As for Noble Group, what are your thoughts on the heavy leverage on its Balance Sheet and its thin net margins?


Dividend Tech Warrior said...

Hi Musicwhiz,

I feel that copper prices were rising fast and Advance SCT will stand to benefit. Tats why it is a growth stock in the long run. However, I decided to divest because I prefer to take on less risky stocks in the new year.

Currently, I m only vested in Capitaland as my growth stock.