I lost money liao...:(
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I have some underperforming shares such as:
1) ACCS bought at 0.36 now trading at 0.13
2) StatsChipac bought at 1.36 now trading at 1.00
Would u recommend liquidating them and source for some other shares? Or simply wait and wait for recovery?
I am currently looking at:
1) SMRT - $1.01
2) Suntec reit - $1.06
3) Comfort delgro - $1.54
Maybe also aspial and stamford as recommended by industrie bro here.. both trading at below 0.50. What about Cosco? -
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ACCS...you may want to average out if you believe the company still has potential. IMO, it would take at least 2 years before they can rebuild their name again.Originally posted by nick28:I have some underperforming shares such as:
1) ACCS bought at 0.36 now trading at 0.13
2) StatsChipac bought at 1.36 now trading at 1.00
Would u recommend liquidating them and source for some other shares? Or simply wait and wait for recovery?
I am currently looking at:
1) SMRT - $1.01
2) Suntec reit - $1.06
3) Comfort delgro - $1.54
Maybe also aspial and stamford as recommended by industrie bro here.. both trading at below 0.50. What about Cosco?
STATSchipac I say buy. If they become profitable next Quarter, the share is most likely to rebound to $1.50. I got mine at 90cents though.
perhaps you would like to ask forummer SBST275 on SMRT. Although I have believe that company has hidden potential, Sbst doesnt think so.
COmfort I say buy...but not at that price. If you missed it at $1.43 too bad. HOpefully, it drops to that level again. BUt ever since The Capital Group increased their stake in that company, I think the resistance level has been brought up to $1.48. -
If you need help or money to pay off your contra losses? you can email me at [email protected] for enquiries
SGL Admin -
Wah...loanshark go high-tech liao..come forum find ppl who are short of cash..
I asked my dad about REITS today...he said its ok to buy now..but REITS are not sustainable in the long run. So if u buy now...u should cash out within 3 or 4 yrs.
Okie..secondly...dun buy bank shares now as they have nearly reached their max value(not sure whether dats a corect term to use)...but u guys shud know wat i mean.
Hmm..someone mentioned dat he had 20k to invest now...personally..i think u shud avoid the market now..pretty volatile now...wait for a period of time. -
Oh yes..any of u interested in china company shares like china construction bank?...my dad nv buy..dunno why leh. Anyway i think china abit messed up..very corrupted.
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Ask some of the DE lecturers on whether they invest in China companies and they will tell you never to trust a Chinaman.Originally posted by industrie:Oh yes..any of u interested in china company shares like china construction bank?...my dad nv buy..dunno why leh. Anyway i think china abit messed up..very corrupted.
Im wondering about Sky China Petroleum though... Its overpriced if you ask me... -
i sold ACCS losing 2.3kOriginally posted by nick28:I have some underperforming shares such as:
1) ACCS bought at 0.36 now trading at 0.13
2) StatsChipac bought at 1.36 now trading at 1.00
Would u recommend liquidating them and source for some other shares? Or simply wait and wait for recovery?
I am currently looking at:
1) SMRT - $1.01
2) Suntec reit - $1.06
3) Comfort delgro - $1.54
Maybe also aspial and stamford as recommended by industrie bro here.. both trading at below 0.50. What about Cosco? -
Reits are actually a tool for a developer to instantly realise the value of the property by listing it on the stock exchange. The reason why most of the reits here are not sustainable is because in the future, they will be issuing new units to finance their debt. As more acquisitions are performed, more units need to be issued. This will dilute the value of the listed reit.Originally posted by industrie:Wah...loanshark go high-tech liao..come forum find ppl who are short of cash..
I asked my dad about REITS today...he said its ok to buy now..but REITS are not sustainable in the long run. So if u buy now...u should cash out within 3 or 4 yrs.
Okie..secondly...dun buy bank shares now as they have nearly reached their max value(not sure whether dats a corect term to use)...but u guys shud know wat i mean.
Hmm..someone mentioned dat he had 20k to invest now...personally..i think u shud avoid the market now..pretty volatile now...wait for a period of time.
The only way for reits to raise enough money is through issuance of new units as they do not have spare cash to finance their acquisitions since more than 90% of income are distributed out. -
You no faith in that company? At least hold it for 1 more year lah.Originally posted by dragg:i sold ACCS losing 2.3k -
Yes yes..my dad also mentioned dat they anyhow buy 'rubbish properties'...dats the term my dad used.
'Rubbish properties' in the sense dat they purchased properties of little commercial value such as one in a ulu location..plus on top of dat, they pay a premium price for it.
Well...dats the thing about stock market...one min, the company paint a rosy pic..like CAO and ACCS..the next min they tumble like humpty dumpty.
Dun talk about retail investors and speculators being caught...even big finance organisations get caught too.
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Hey shade343, do u know a lecturer called koh soo seng?..he always talk big one...he say he is a karate expert and can smash bricks on his head!!
...then he also very hao lian..say he got 1.5 million in his bank a/c...some more say his daughter very pretty..and son very muscular.
Kao...i can't stand him man! -
How about OCBC then?? It has potential right?Originally posted by shade343:Bank stocks....abit too pricey. Unless you got huge loads of cash, no point buying. Ther are other stocks which you can consider and are equally stable.
Take alook at the portfolio thread
http://www.sgforums.com/?action=thread_display&thread_id=154866
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Dun think bank shares will increase much. Besides capital investment is really very heavy.
Why dun u consider property stocks?...
Capitaland,keppel land r some of the good stocks...i think it can go up abit more.
Have u guys noticed singland?..now is 5.20-5.30 .....few months back it ever hit 6.10....i think it can go up to 5.80 at least. wat do u guys think? -
He is my lecturer.Originally posted by industrie:Hey shade343, do u know a lecturer called koh soo seng?..he always talk big one...he say he is a karate expert and can smash bricks on his head!! ...then he also very hao lian..say he got 1.5 million in his bank a/c...some more say his daughter very pretty..and son very muscular.
Kao...i can't stand him man! And he wasnt lying. He smash a brick in front of us in the workshop.
And of course he is si beh rich. He make money from breeding and selling fishes.
But he is a real nice guy. He sometimes gives us lots of helpful tips. -
Well...In the case of Suntec reit...they nearly bought rubbish properties...luckily, the deal with CDL didnt go through. But now they own Park Mall which could be a hidden potential if the building is managed and revamped properly.Originally posted by industrie:Yes yes..my dad also mentioned dat they anyhow buy 'rubbish properties'...dats the term my dad used.
'Rubbish properties' in the sense dat they purchased properties of little commercial value such as one in a ulu location..plus on top of dat, they pay a premium price for it.
Well...dats the thing about stock market...one min, the company paint a rosy pic..like CAO and ACCS..the next min they tumble like humpty dumpty.
Dun talk about retail investors and speculators being caught...even big finance organisations get caught too.
Well, when you become an investor you definitely need to shoulder an amount of risk. In consideration for shouldering that risk, you get a higher yield as compared to parking your money in the bank. As they say, High Risk= High Yield Low risk=Low yield. -
Keppel Land is NOT a good stock. They are cureently overvalued and their net profit for the recent quarter slipped.Originally posted by industrie:Dun think bank shares will increase much. Besides capital investment is really very heavy.
Why dun u consider property stocks?...
Capitaland,keppel land r some of the good stocks...i think it can go up abit more.
Have u guys noticed singland?..now is 5.20-5.30 .....few months back it ever hit 6.10....i think it can go up to 5.80 at least. wat do u guys think?
SP land used to be $4....other than that I say SP land is good value. NTA per share is $6.
Unfortunately look at the BOD of the company. Wee cho yaw and John Gokongwei are the 2 people that controls the most number of SP Land shares. IMO, these 2 are currently not seeing eye to eye. They are only eying the company's asset and money and fighting for further control of the company...this leaves me wondering about the future of SP land... -
hahaha.Originally posted by shade343:You no faith in that company? At least hold it for 1 more year lah.
companies with scandals never recover.
you know why?
their so-called good results were all made believe. they actually had very little business. after the scandal you think they can have very good profits again? big companies like nokia, samsung etc will never give them contracts again. -
stats is another company i fail to understand. the share was steadily climbing at 2.70 then came the merger. the share dropped to 1.80
why? synergy? what purpose does the merger serve? just to be the biggest chip testing company in the world?
since the merger they never have a single good result to show. the share price keeps dropping. now below $1.
singapore has a lousy stock market. there are just not enough people trying. our market is not volatile enough. it takes years for prices to go up but one bad news to drop to 3 yrs low.
chip industry is cyclical. i seriously doubt stats can recover to 1.80 let alone 3.60 that they used to be. same goes for all other tech companies.
tech stocks are mostly hopeless. -
ocbc is underpriced.Originally posted by DriftingGuy:How about OCBC then?? It has potential right?
they have a lot of non-core assets yet to be sold. when they eventually do their market capitalization will ballon, the share price will cheong.
but the problem is when are they offloading?
majority of the people, except the rich, lost money in the stock market.
if you are still winning consider this.
if there is a flu pandemic what do you think will happen? -
They can always move into other business and divest away their core business.Originally posted by dragg:hahaha.
companies with scandals never recover.
you know why?
their so-called good results were all made believe. they actually had very little business. after the scandal you think they can have very good profits again? big companies like nokia, samsung etc will never give them contracts again. -
The latest asset ocbc dumped off was Whitesands shopping mall.Originally posted by dragg:ocbc is underpriced.
they have a lot of non-core assets yet to be sold. when they eventually do their market capitalization will ballon, the share price will cheong.
but the problem is when are they offloading?
majority of the people, except the rich, lost money in the stock market.
if you are still winning consider this.
if there is a flu pandemic what do you think will happen?
The reason why ocbc hasnt reached $7 is because there are currenlty too many ocbc shares in the market. I think it was a bad idea to increase the number of shares on the market. Instead of the price going higher due to more market players, the share price is still trading in a range.
But good news is, based on TA, the share seems to be on an uptrend. -
SembCorp all the way since 2001
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hey shade343, ur folks playing forex trading?...i thought forex not much movement..?..
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So how much u earn??Originally posted by Master -_-:SembCorp all the way since 2001