28 Dec '16, 1pm

Recent Action – LMIRT: This will be a quick update on my latest addition to the portfolio as I tried to allocate… https://t.co/oBE8XqvNJM

This will be a quick update on my latest addition to the portfolio as I tried to allocate some capital from the profits made on Spackman sold this week. I added 80,000 shares of LMIRT at a price of $0.37 . My rough calculation tells me that’s about 9% yield on the dividend. People who know me knows that I used to work as an employee there so I’d probably not talk too much about the specifics operational performance of the company. CEO Alvin has also since then left and is currently vacated temporarily by Albert Cheok. The main reason I’m buying this right now is I am predicting a few phases of growth in the next couple of years, both in terms of micro and macro . Macro Factors The tax amnesty reform is a super huge thing that happened across in 2016 for all Indonesians. These amount of …

Full article: http://thefinance.sg/2016/12/28/recent-action-lmirt/

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