[Movie]

I saw from some website that wrote the current share price of Citydev is even cheaper than during the 2008-2009 Global Financial Crisis period. 

Citydev is blue chip. 

If buy Citydev at current share price and hold for 5 years to 10 years, do you think within the next 5 years to 10 years period Citydev share price will rise to at least $7?

Or do you think Citydev share price will be like Creative Technology share price,  meaning you think Citydev share price will even fall much lower than today's price during the next 5 years to 10 years period??

[sgbuffett]

Even blue chip can decline over decades when there is nothing special about it.

Many property companies Hong Fook, City Dev, UOL, Ho Bee Land, have been trading Wah below book value....and for a long time. This is because these companies withhold their earnings and don't pay much in dividends. Even if cheap if they don't take care of shareholders you can get stuck for long time and may never realise the underlying value.

Contrast this with what happened to HK land recent where the new CEO pledge to double dividends in the coming yrs and the stock then start moving.

Actually for thjs type of stock ....Best not to "waste time" because you sit on it dunno how long then can see some capital gains.

If you really want to buy, buy it when the dividend yield is good enough  for you to be willing to hold for years without significant capital gains....because the stock price can stay depressed for long periods.