¥180 is only half of the ¥360 fixed rate that prevailed from 1946 till 1970 & three quarters of the ¥200+ from '75-'83 !

 I made this projection near the beginning of the year. 3 months later, it looks very likely to be attained!

Against the Goliath of Adversity, BELIEVE in miracles!!!

 

Finally SOLD nearly 62% of my Naim holding...

 ...achieving a nearly 43% reduction in margin debt while simultaneously wiping out any further interest chargeable on my Naim shares, with the remaining 10,700 shares fully paid up, via selling 3 batches over the last 3 trading days of the week @ $1.0386, $1.0397 & $1.0094. 

The breakeven level on my original 5,300 shares bought in '15-'16 & averaged down using this margin commitment in '23 is now permanently frozen @ 96.774c while an additional 5,200 shares recently re-purchased for an average 83.421c is now showing a nearly $800 paper gain. Thus I can almost immediately sell these & recover every cent of my original ill-timed investment that nonetheless returned $944.90 in dividends in '20-'21.

The lifetime tally on this stock since my 1st involvement back in 2013 rises to $3,381.98, so miraculously ending a huge longstanding paper loss & rewarding a bold, albeit early, deployment of risky margin capital !

Naim is FINALLY ready to break the $1 mark...

 

The Naim:Dayang price ratio is now at 0.371, which is barely above the all-time low very recently of 0.328 on 21st March.  Measured move theory could be pointing to a target as high as $1.14-1.15 within 3 months.