Originally Posted by
Baa_Baa
In the meantime SailorRob the KPG payout is not awful, KPG returns to 'me' as an investor, a much larger amount (% of holdings) of capital than OCA or any of my other investments. The DRP reinstated gives me the option of taking the quarterly payout, or taking up more KPG shares.
It doesn't mean I won't change my mind at some stage in the future. But for now, I'm happy to be overweight OCA for its future potential and be balanced on KPG for its superior returns, to me, however they make that happen. KPG is literally funding my investments into higher conviction longer term holdings.
I'm not sure you heard me when I said that there's a lot of 'investors' who really don't give a toss how a company comes up with the money, as long as they pay a regular earning to them. That might not be a perfect reason but it is what it is here in NZ for many who invest in the NZX listed companies. Many people just want a peaceful no stress life with a reliable income on their investment, and KPG delivers that. OCA so far doesn't, albeit I like the DRP for accumulation and avoiding dilution.