Sadly, I'm guilty of the same thing. Would be great if it could close above $30 one day though.
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I've been happy to hold EBO as the total return pa is good. You've done well Percy to sell and get a better return than EBOS was providing.
Out of curiosity I've just run a report of NZ stocks I hold or have held during the last ten years and only 7 have out performed EBO and one was almost as good.
I realise various timing and pricing variables are involved but it can't have been easy find something you could be sure was going to do better than EBO.
My strategy is to hold stocks that are more than earning their keep thus EBO has never been sold down. In recent times I have used the EBO dividends to invest elsewhere though.
[For the time periods involved my CDI, RBD, SPN, HLG MEL, MFT & THL (sold) are the only ones that did better than EBO. CMO was almost as good]
My big out performers are both on NZ Unlisted.
Silver Fern Farms since I started buying April last year, and including the divie due on the 28th has returned me over 95%.Two divies one 5.4 cps the one due 5.5cps and av cost around 62 cps.Current share price $1.00.
PAZ.Pharmazen.Well one year return is about 300%[going from 25 cents to 75 cents,,while two year return is about 500% going from 14 cents to 75 cents.I originally started buying at 2.5cps and my average cost would be between 7 and 8cps.
I am fortunate that they were my two largest investments.
Took a while to get through 30 bucks
We’re on our way to 40 bucks
Cool
EBOS, the quiet little achiever finishing the day above $31. Good on them and looking forward to their next update