HongKongLand: Invested more than USD100k into this stock (Part 3)

 

HKL had been doing share buyback almost daily in the month of Oct.

Recap on background

HKL announced share buyback programme on 06 Sep 2021 (Link).

HKL planned to invest up to USD500M till 31 Dec 2022 and shares purchased under in this programme will be cancelled.

HKL share price was USD4.20 on 06 Sep before the announcement was made.

How many % of the USD500M used to date?

Just 17% only

As mentioned in my 13 Oct post (link):

"If only 9% (USD44,045,676 out of USD500M) had been used for share buyback and the share price shot up to USD4.93 now, what will the share price be when its utilize 100% (USD500M)??"

As mentioned in my 23 Oct post (link):

"If only 11% (USD54,136,498 out of USD500M) had been used for share buyback and the share price shot up to USD5.23 now, what will the share price be when its utilize 100% (USD500M)??"

Today key message will be: 

"If only 17% (USD84,176,576 out of USD500M) had been used for share buyback and the share price shot up to USD5.51 now, what will the share price be when its utilize 100% (USD500M)??"

Related post: 

1) HongKongLand: Invested more than USD100k into this stock (Part 2) 

2) HongKongLand: Invested more than USD100k into this stock 

3) Added: HongKong Land USD (Aug 2020)

4) Added: HongKong Land USD (May 2020)

5) Added: HongKong Land USD (Mar 2020)

6) Added: HongKong Land USD (Feb 2020)

7) Added: HongKong Land USD (Crisis is also a time of opportunity)

8) Added: HongKong Land USD (Aug 2019)

Regretted not paying $29 for Secretlab chair assembly service

During product checkout, you have the options to opt for Assembly service at $29 per chair or Same day / Sunday delivery at $19 per chair.

After looking at the official Assembly Guide and Assembly Video Guide provided by Secretlab, my first thought to myself was there are only 15 steps needed, shouldn't be hard. 

Thus I selected to self assemble so that I can experience the wonderful unboxing experience too.   

The whole packaging weighted 34.5kg (Salute to Secretlab delivery man who need to deliver the chair single-handedly).

The packaging hit 1 of my toe when I trying to move this heavy box (Ouch from my toe).

Everything was nicely packed inside.

The quality of the plastic and cardboard used are super thick.

I definitely appreciate this but if Secretlab can achieve the same objective with more environment friendly material used, that will be prefect.

There are 2 steps which require extra pair of hands to help out unless you are very strong.

Well, Secretlab did pre-empt you too in their Assembly Guide.

I would like to add 2 more pointers:

1) You need a big clear space when doing the self assembly

2) Prepare your own scissor

In the end, I think I took almost 30mins to finish assembling my first Secretlab chair and was sweating too in the end.

Conclusion

$29 is worth paying for the assembly service by Secretlab.

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3) Review: HYDRA S7 Robot Vacuum (The Best Robot in 2020??)

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5) Home renovation regrets that costs you thousands of dollars

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Summary of my portfolio - Oct 2021

    Mr CDxD portfolio

No.	Counters	No. of Shares
1	Frasers Centrepoint	4,100
2	HongKongLand USD	21,200
3	Comfortdelgro	16,000
4	Fastly	1,420
5	Tiger Brokers	6,100

• Bought 16,000 shares of Comfortdelgro at $1.56 on 19 Oct (Link)
• $249.65 of Frasers Centrepoint Trust dividend declared on 27 Oct, payout on 29 Nov (6.089cents / share)