STE's Stocks Investing Journey

Hold Your "F.I.R.E" , Your Dividend Has Just Been Cut By 81.5% !!

STE
Publish date: Wed, 14 Nov 2018, 11:19 PM
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"The stock market is a device for transferring money from the impatient to the patient " by Warren Buffet.
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Yes, not by -8 % or -38% but -81.5% !! This is what happened when APPT (Asian Pay TV Trust) announced their result and dividend pay out for next quarter this morning. I think most of the so called " income investors " (including me) were stunned by this sudden news and of course the share price dropped by -49.2% and closed at $0.16 today. I still
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