Bought LR on Sep 14, EDC on Sep 29, and AEV on Oct 2.
Buying EDC at this time is a gamble, but it’s a gamble I’m willing to take as I don’t think the price should be this low. The price has gone down a few percentages points since I bought it, and I might buy it again.
Received a net of around 0.297% of my principal from cash dividends in September (equal to around 3.56% p.a.). I’ll write about the received cash dividends in an upcoming post.
Bought some PIP for ₱3.16 on Aug 3 as the price is pretty low compared to its revenue. I also tried buying some RFM but no one matched at the price I bid… same with DDPR. I’ll just wait then. To quote W. Buffet, “What’s nice about investing is you don’t have to swing at pitches… No umpire is going to call you out. You can wait for the pitch you want.”
I’m also looking at LR as it has gone down considerably (approx 14%) since I last bought it a week or two ago.
I’m a bit surprised that the price of MEG didn’t go down even though the US Dems are proposing a bill on taxing US organizations that outsource. Maybe investors don’t see it affecting the Philippine economy.
I also tried selling most of my EDC at near its peak on Friday (Aug 4) but no one bit.