Design Studio - First Update

Previous article's link are stated as below:
http://allenlowsgx.blogspot.sg/2017/05/design-studio.html

This is going to be my first update after I bought Design Studio months ago. It used to be a very stable counter in my portfolio which don't have much daily transaction, so the price is quite stable. However there are more daily transactions recently and I saw the share price got push up quickly. I attached a daily chart captured on 10/7/17 below:

As you can see, recently the volume are increasing, and we can see white candle everyday. When I checked my portfolio summary on InvestingNote (I like to use it and usually I am lazy to log into my poems account), I saw I am sitting on 10.9% paper gain (dividend received excluded). That's fast profit as all the gains were generated within a week. So here's the new problem, should I sell my shares or not?

When I am sitting on paper loss like Comfort or SIA, I always tell myself its ok to sit on paper loss, as I still believe that the company can generate profit for me in the future. But when it comes to paper profit, I will ask myself, is it appropriate to sell now? If I don't sell now I will worry that in next few trading days the paper profit will all gone.

Then I told myself. See what happened to your YZJ? I bought the shares at 0.81+ and sold at 0.91. I was happy that I earned 10+% quick profit, but what is the share price now? 1.28+! What is that called in chinese? 丟了西瓜撿芝麻. I secured my 10% profit and loss my 50% profit! In fact, my original plan was hold it until 1.2+, however there was the quick profit opportunity and I gave up my original plan to secure it.

I decided to look into its FA again before I do anything about my shares. Design Studio usually works like a subsidiary so I was unable to find much information online. From the first quarter 2017 report, I believed that FY2017 performance should be similar to last year result. I opened last year annual report again to double check the figures. Last year Design Studio total dividend was 6.5 cents, and EPS was 7.88 cents. Design Studio share price closed at 64 cents on 10/7/17, so the PE is still below 10, and dividend yield is more than 10%! I ask myself again, shall I sell it for 10.9% profit and throw away a potential 10+% dividend yield stock? Could I buy back again at cheaper price?

As the free float rate is quite low, in fact I am quite worried that if I sell away my shares now, I won't be able to get it back again at cheaper price. I still believed that a 10+% dividend yield stock is very important to my passive income. If it can generate at least 10% for me from dividend and I don't need to do anything, I should just leave it there to generate profit for me!

Final conclusion - I shall not check my share price too often, it is not healthy for value investor personal development too. Sometimes I will be too greedy and make wrong or not so good decision which will hurt my long term passive income. Remember I bought Valuetronics at 0.4 and sold it at 0.44 for 10% quick profit and now looking at sky high share price and always regret about it. I will not do anything about Design Studio shares at this moment, unless I strongly believe that I can get it back again at much cheaper price!

DYODD.