[Value Investing How-to] 003 VICOM - How do I 'touch the brick' of this business fortress?
Channel: Heah Min An
Date: 2015-07-29

VICOM has been in my investment portfolio since 2011. Its figures were awesome. My calculations showed it was over value by 20%.

Value investor want margins of safety when we invest. Remember that investing makes MOST SENSE when we view it as a business. I took 1 lot of VICOM and left it dormant in my portfolio since.

Ignoring capital appreciation (I abhor capital appreciation because I have to spend more capital accumulating great businesses), VICOM has given me the following cash inflows:

2011 - inflow $69 (1.99%)
2012 - inflow $182 (5.26%)
2013 - inflow $187 (5.40%)
2014 - inflow $232.50 (6.72%)
2015 - inflow $182.50 (5.27% - this yield excludes my final dividend)

Crux is not my inflow amounts. It is how I 'touch the brick' of my business fortress. How do I verify its business?

Watch this video to hear my simple and actionable steps that you can do too. Copy, innovate my idea and share it back with me as I may have blind spots.

Remember to subscribe this channel.