Investment Talk

[Throttle]

I thought that since i have about 50 over boxes of cigars lying at home, i dont mind selling a few boxes.

[Don Juan]

Have a question for the experts in here. What do you think of purchasing lower end or so called petty stocks at this current moment. For example, stocks like UniAsia or LC Dev. My take is how low can it go when its already so low, but of course spread out to different counters. Hmm.... but then again it may end up like the dutch counter Lindeteves Jacoberg which was very popular during the early days.... Your take please.

[Throttle]

If buy penny stocks, better go buy Singpost at 70cts.

Many bluechips are already penny stocks.

 

I bought 50 lots of Singpost.

[contrarian]

The question should be whether a company's business model is sustainable in the light of changes in the operating environment. Many companies were outstanding in the environment of the early 1990s, and became the erstwhile favourites of many in the stock markets.

 

When the outlook for manufacturing changed, they could not cope, and ended up in difficult situations for very long times. Those are companies you might want to avoid.

 

All businesses are subject to business cycles. A good business continues to do better than its competitors or to remain profitable (or both) in good and bad times. I would look for these types. Right now, I'd prefer to stick to companies like F&N, APB, HL Finance, the like.

[nhyone]

If buy penny stocks, better go buy Singpost at 70cts.

Many bluechips are already penny stocks.

They won't have phenomenal growth. People are still enticed to buy the next Cosco: $0.20 to $8.

[Throttle]

They won't have phenomenal growth. People are still enticed to buy the next Cosco: $0.20 to $8.

 

Dude, in this kind of market conditions, growth, valuations, etc all thrown out of the window already. sigh...

 

Just hopefully, can get some cashflows that's all. hoho.

 

Good luck all

[Don Juan]

What i did last week was to buy more of what i had in my current stable that is taking the worst hit to "even out" the price.

Next week, i will monitor new cheap stocks for acquisition.

[cheeko]

http://newpaper.asia1.com.sg/news/story/0,4136,181203,00.html?

 

Live to a ripe old age? No thanks By S M OngOctober 25, 2008 http://newpaper.asia1.com.sg/mnt/static/image/images/5.gifI HAVE a friend who used to be an insurance salesman, then a 'financial planner', then a 'wealth manager'.

Next week, I expect his job title to be simply 'money god'.

He was trying to sell me some long-term financial product and said that while it was good that I already had a life insurance policy (which he had sold me), he added sombrely: 'The bad news is that you're likely to live for a long, long time.'

That was bad news? Since when was living for 'a long, long time' bad news? What was good news then? My death?

I was deeply creeped out by his morbid sales pitch.

Now I realise he was right. You know why?

Growing old sucks.

Your eyesight leaves you. Your grown-up children will leave you. And eventually, your employer will ask you to leave - except it's called 'retirement'.

As if to add insult to creaking bones, with the collapsing world economy, nowadays your life savings could be leaving you as well, thanks to some long-term financial product you bought from the likes of my friend.

But even if your life savings aren't saying bye-bye, how many of us will ever feel financially secure enough to retire anyway?

Which is why we make such easy prey for the likes of my friend.

In a recent Government survey, about half of Singaporeans aged between 43 and 60 said they want to work for as long as they can. Only half?

Right on cue, the Marina Bay Sands integrated resort started its massive recruitment drive on Monday with retirees as one of its main targets.

So if you want to spend your remaining golden years as a security guard, waiter, butler, bellman, doorman or restroom attendant, you're in luck. The website is careers.marinabaysands.com

If only there were openings for wealth managers.

So, did I buy that long-term financial product from my friend?

How could I not?

What if - the horror - I do live to a ripe old age? How do I afford it?

Is it too late for me to start smoking now? I could stop exercising and eat all the oyster omelette I want.

Last week, Health Minister Khaw Boon Wan wondered aloud if the Government should legalise euthanasia.

I can take a hint.

[Throttle]

yeah, last time i thought i could retire about 10 yrs later then spend more quality time with family and friends. Now I think need at least 15 - 20 yrs.

[ThePole]

Hi guys,

 

Now the China based stocks seems to be crumbling, when the market rebound, what do you think will be the new star favourite? Does Indian fund based stocks a good buy? really new to investment, so gathering some information.

 

by the way, anyone of you bought Sands, the IR operated? it rebounded from US$4 to something like US$8.

[paithorn]

So you guys "think" recent conditions is a recovery or a consolidation prior to the next plunge?

[Throttle]

i feel that the market is oversold in recent weeks.

The selling was extra hard and heavy due to forced sales for investors who invest on leverage. So i dont see a plunge.

 

If I mentally calculate correctly, STI has lost close to 70% of its value since peak. for every percentage drop, you'll need a higher percentage up, to equalise the gap. Just looking at STI, I really cannot see it go firmly past 2000But i do think that anything below 1500 is a tad silly.

 

problem is that there is no catalyst to drive the market from here.

On the physical side, real jobs will be lost and real income will be reduced

 

it has already rebounded fairly last week as people buy due to discount on good valuation. what is left really will be led more by how the situation in the financial world unfolds.

 

My bonus could also be gone with the wind, despite me making a few million dollars for the firm. sigh......

So although, livelihood is not a question, i'm going to cut back on luxuries where i can.

 

 

 

 

 

Thats what i think .

[cheeko]

http://isites.harvard.edu/icb/icb.do?keyword=k44822

Understanding the Crisis in the Markets: A Panel of Harvard Experts." This exclusive panel discussion, which took place on September 25, 2008 in Sanders Theater, will help you understand and interpret recent developments in the U.S. and world markets.

[cheeko]

what happen here, suddenly so quiet here is it everybody lose alot of $$

[Throttle]

Yeah took some losses, trim down some risks, and realigned portfolio.

Losses into six digits......but well, life goes on.

[cheeko]

Yeah took some losses, trim down some risks, and realigned portfolio.

Losses into six digits......but well, life goes on.

 

yeah me too, till now cursing my last `so call financial advisor' or watever fanciful titles u all call it. Greedy idiots

[Throttle]

Different from me.

I dont use any financial advisor becos i am my own advisor and i never regret my decisions.

 

so no cursing. hahha.

[cheeko]

yeah, those FA, who were very arrogant last years talking about buying BMWs, LVs, rolexes, houses and when you read them in the papers they are only in their 20-30s and you wonder where they get all the money. Alot of them do not do any real work and contribute very little value to society in relation to their high pay

[richsg300]

think i going to close my bond account althought it worth 20k plus plus.. lost quite a fair bit

[Throttle]

think i going to close my bond account althought it worth 20k plus plus.. lost quite a fair bit

 

what kind of bond account is that?

first time i heard of.

is it a portfolio of retail bond funds

[Throttle]

yeah, those FA, who were very arrogant last years talking about buying BMWs, LVs, rolexes, houses and when you read them in the papers they are only in their 20-30s and you wonder where they get all the money. Alot of them do not do any real work and contribute very little value to society in relation to their high pay

 

well, " feng shui lun liu chuan"

 

wind and water goes in a cycle

 

if those fellas earn a bit of money and kow pei kow bu, action here and there, dont know how to save money in good times, then this year "lao sai" loh.

[ausa]

Look into Land Developing Banking in Canada

[ausa]

How about a small return of 2% in a month, much better than the bank right. anyone interested?

[Throttle]

2% per month means 24% per year?

 

very risky stuff it sounds

 

Anyway Canada is also into Recession and with the crashing commodity prices the Candy will stay depressed .

 

 

I'll stay out. thanks

[ausa]

The 2% is not for Land, but something else, prefer to do it monthly, risk is low, because you will get something value in hand for the amount you paid for, it's just that this 2% in return is really consider little in business.