So many counters so cheap
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citydev, ocbc, kep, f & n...
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cheap buy lor.
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i think there are still a lot of downside.
wait, be patient.
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by the time wait finish, and patient finish, too late liao
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I've waited and missed the train; don't do that.
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must be daring & be a hero
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wat should i buy
any advice pls
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free advice is the most expensive advice.... :)
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at least wait until the credit crisis and the hedge fund crisis shows up
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Hi Guys,
ARe you anchoring yourself to last years high prices?
We have compiled a list of stocks with their intrinsic value, based on Benjamin's Graham Formula. It seems the stocks you mentioned above City Dev and Keppel is not cheap.
The SGDividends Team ( Team 4 reporting from South AFrica)
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One friend, long time back told me he bought a counter at 0.01, cheap right? It cannot go lower than 0.01 cents if the lowest the stock price can be bought and sold is 0.01 cents.
My answer to him was, if people are selling at 0.01 cents, that means that it is worth less than 0.01 cents.
There is no cheap or expensive in the markets. There is only market price. Only in the future can you know whether the price was cheap or expensive.
No one knows if they are going to be the biggest fool (selling at the lowest or buying at the highest)
What's the hurry? You expect the prices to go back up to last years prices tomorrow?
What if India goes into chaos? What if China goes into chaos? At least wait and see that Singapore can survive this crisis. The country might not (or at least go into a prolong and very painful stretch), given that the dishonorable despots enacted so many self serving policies for so long.
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Originally posted by AndrewPKYap:
One friend, long time back told me he bought a counter at 0.01, cheap right? It cannot go lower than 0.01 cents if the lowest the stock price can be bought and sold is 0.01 cents.
My answer to him was, if people are selling at 0.01 cents, that means that it is worth less than 0.01 cents.
There is no cheap or expensive in the markets. There is only market price. Only in the future can you know whether the price was cheap or expensive.
No one knows if they are going to be the biggest fool (selling at the lowest or buying at the highest)
What's the hurry? You expect the prices to go back up to last years prices tomorrow?
What if India goes into chaos? What if China goes into chaos? At least wait and see that Singapore can survive this crisis. The country might not (or at least go into a prolong and very painful stretch), given that the dishonorable despots enacted so many self serving policies for so long.
It is too broad a sense to guage that. However being 1 cents probably it is worthless. Look into the account first. Natsteel was one that was worth more that it's share price. You know why. -
People who buy stocks now are "long term investors" and "value" investors.
For 1 cent stocks, these are essentially punts/gambling.
It's like buying 4D.
You likely will not win, but if you do, you can make a few times more than your initial capital.
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Originally posted by dragg:
citydev, ocbc, kep, f & n...
You should put your mortgage on Citigroup - after all, the morons running this regime spent a handsome fortune buying their shares at tenfold the present market value.In all seriousness, investing in some of the world's largest financial institutions (essentially, those that are "too big to fail") would make sense for a medium to long term investor...
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who say stock cannot fall below 1 cent? there is a value below that, 0 cent.
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and stocks being suspended like FerroChina
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Originally posted by skythewood:
who say stock cannot fall below 1 cent? there is a value below that, 0 cent.
you mean in U.S.? -
Originally posted by dragg:
you mean in U.S.?no, i mean when the company bust.