Investment Talk

[Throttle]

after hours trade matching by the exchange

[kmax]

hi anyone can help me with this... just started trading recently and observed that everyday when trading end... there is always a huge lots that sell up or sell down with affect the last done price at 1700hrs.... and it usually happen at 1705hrs which we can't do any trading at that timing... a good example is capitamall trust which close at $3.00 on Monday... any old timer can explain why is that so? .... anyway Happy 2009!! HUAT AH!!

 

http://info.sgx.com/SGXWeb_ST.nsf/NEWDOCNAME/ST_Trading_Calendar?opendocument&sidenav=Intermediaries

 

Trading sessions for the Ready Market are held daily, Mondays to Fridays, between 9.00 am - 12.30 pm and 2.00 pm - 5.00 pm. In addition to that, there is a Pre-Open Routine (from 8.30 am - 9.00 am) and a Pre-Close Routine (from 5.00 pm - 5.06 pm).

 

Trading sessions for the Buying-In Market are held daily, Mondays to Fridays, between 11:30 am - 12:30 pm and 2:00 pm - 5:00 pm.

[sp2]

oh... ok... thanks guys!!

[Throttle]

Last few weeks made some cigar pocket money $400 SATs and $350 ST Eng and $380 Neptune Orient

going in then letting go during the new year cheer.

 

I'm overall bearish still as i'm looking at 1500 for STI.

[Throttle]

Looks like 1500 is coming......

[Lister]

Hi guys,

 

Came across this thread and noticed some discussion with regards to land banking. Since I am in the land banking trade, I would like to share what actually does my company deals with.

 

We are a Land Asset Management Company that invite the public to come in as investors (in undivided interest) at the raw land stage (Lowest entry point for real estate). We will then push through the master blueprint planning together with the local government and planners. Upon approval, we will then broker the plot enbloc to developers or insitutional buyers. It is actually a very simple entry and exit strategy. This process normally takes about 5 years and we are not plain sitting down and pray! We have a world class acqusition, planing and exit team.

 

Therefore, we have been very successfully in helping our clients double their money in 4 to 6 years. This works out to be around 15% - 20% p. a. simple interest. The behaviour of the returns are in a safe, secure and non-volatile manner. And for the past 30 years, we have not lost a single cent!

 

Its actually a tried and tested concept used by many BIG players. What we did is bringing the benefits of this instrument to people like you and me.

 

For more information, do drop me a PM.

 

Cheers,

Lister

[victor_03]

Looks like 1500 is coming......

 

i curious, today(22 Jan) is going up, i saw one report stated 1700 is one of the support. How does the 1500 come into the picture? can share? thanks.

[omnislash]

i curious, today(22 Jan) is going up, i saw one report stated 1700 is one of the support. How does the 1500 come into the picture? can share? thanks.

 

Biggest recession since independence. What you think. But then, limited downside. Can hold at 1500 actually oso not bad. Spread out your purchase!! Hold for long?

[Throttle]

i curious, today(22 Jan) is going up, i saw one report stated 1700 is one of the support. How does the 1500 come into the picture? can share? thanks.

 

Well my feel is that there is 15% - 20% more to go down so 1500 is very possible.

 

I dont follow reports, they are written by people with no real feel of the market and base on past information which is already too late or wrong.

 

 

In case you dont know, supports can be broken.

 

support at 3500, support at 2800, support at 2000, support at 1800 all broken.....

 

goodluck to our trading

[Throttle]

Let me offer you a clear view.

The beginning of the end is near.

Subprime losses of major financial institutions around the world amount to trillions of dollars. Major cost cutting and squeezing to bring situations back to "normal". If you work in one of these firms, you would already have begun to feel the move. Losses extend to local banks which are overladen with property credit. Stocks will tumble as people scramble for liquidity more than anything. high oil price adds the the overall tightness and loss of value of the USD will screw major asset holders of which USD is still the main reference.

2007 has been the most volatile year of this decade is that sure signals a lot.

 

Yes, the Singapore private property boom is clearly attributable to foreign demand and when belts are tightened, we will see the first level cuts. Then it may or may not be a house of cards falling apart, but certainly some kings queens and jacks will.

 

Casino? F1? these are drivers for our economy no doubt but they are not the backbone. We are unlike Macau or Vegas and we should not pretend to be. Singapore is first and foremeost a financial / service hub and we are /will be affected by global tremors especially of this magnitude.

 

Inflation in Singapore is also on the rise, as a self pro-claimed middle income earner, i dare say it is in the true region of 10% at least. this translated simply means that i am spending 10% more now, compared to before, without a change in lifestyle. Of course, all the **** wont just happen overnite but mark my words if this is how the situation is unwinding, the **** is just right there. (excuse my crudeness)

 

Anyway, i hope all will end happy this year, that is as long as i get my 25% pay raise and a 2yr bonus......(hope is the word here as the bosses are all pressing the cost-cutting bell as pointed out in my first para, remember?)

 

Dont say i didnt warn you, now fellas.

 

Whatever it is, i will be looking to liquidate the more volatile holdings of my portfolio of stocks over the next few weeks and I have no intention of using the proceeds to buy a Porsche, that I can promise you.

 

 

 

Just to reiterate, i posted this in Nov 2007.

 

Anyone who had listened to me would have escape from this catastrophe.

[Throttle]

That's a drastic view throttle. I don't think it will be that bad. Trillions of dollars in losses? Come on? at the moment it is not clear yet while homeloan defaults still continue in the US but the FED has started cutting rates and is prepared to coninue until housing loans can be paid again and house prices stabilize in a quarter or 2. Problem is the oil that is paid in dollars so the inflation in the US will be pretty strong but that's OK so the wages can rise which helps again to support the real estate market.

 

Things in Asia are still fundamentaly very strong. Singapore shines due to boom in tourism (asian), construction (jurong island, casino's, housing), education, healthcare and the financial services are still expanding.

manufacturing is a bit shaky but due to asian growth the impact of low US demand will be softer.

 

Not saying STI will hit 4000 soon but things aren't as bad as they seem. Just be careful with the margin trades/warrants. I had my DBS warrants seen dive in the last week but luckily I sold half after Q3 results so still got profit.

Buy good divident yield plays, SPH, singtel, Reits, etc until things look better.

 

I am looking at how my mum in law is bringing herself to ruin. She bought a leasehold condo 1 month ago for her dumbass son and she want to pay in cash with the money based on her shareholdings which she only want to sell once she needs to pay the balance in 2 month time. the shareholdings have dropped from 650K to 550K (mainly SGX shares). But she is upbeat that it will go up again soon. We will see but this is russian roulette at it's best

 

What do you think now Rstopel? Not that drastic was I.

Losses are in the trillions. and we are in the dumps.

I rest my case.. hehee...

 

 

p.s. sorry just have to take a dig

[omnislash]

Just to reiterate, i posted this in Nov 2007.

 

Anyone who had listened to me would have escape from this catastrophe.

 

Pardon me for saying this. There are so many people out there, some saying its still good, others warn that a storm is brewing at that time. Bottom line, NOBODY can foretell this "catastrophe"... You can predict/forecast but alot of others did too. You yourself made losses in the six digits right, be it paper or real. If you have listened to yourself, maybe you could have your 6 digit money to buy low now. Of course, I know u still have lots of bullets now.

 

So its rather pointless to say "if you have listened to me" or "if i've known"...

 

千金难买早知道。。。

[Throttle]

Pardon me for saying this. There are so many people out there, some saying its still good, others warn that a storm is brewing at that time. Bottom line, NOBODY can foretell this "catastrophe"... You can predict/forecast but alot of others did too. You yourself made losses in the six digits right, be it paper or real. If you have listened to yourself, maybe you could have your 6 digit money to buy low now. Of course, I know u still have lots of bullets now.

 

So its rather pointless to say "if you have listened to me" or "if i've known"...

 

千金难买早知道。。。

 

Aiyah , those posts are just to take a dig at Rstopel. heh heh.

hope he doesnt take offence too.

 

But to reply you:-

 

Nobody can really foretell, you are right. fully agree.

It is pointless to look back and lament. except for fun

Ïn all my other post, you will also read that that is what i say about trading especially. wats done is done, just plan ahead.

 

if you are closer to the market, you can smell it earlier than most people, like i did. And when i sensed that i warned many people. some people listened and suffered less losses.

 

Indeed, I lost money amounting 6 digits in the stock market, not becos i didnt listen to myself but becos that belongs to my long term portfolio portion meant for my children and everyone in long term investing would have lost at least a similar percentage, if not more. why ? becos the rules of the game has changed with this implosion.

 

imagine a soccer game, when you play halfway and scored a few goals, and the rules change to the less goals you score the better.

 

Ultimately, we must not look at investments in singular pockets but as a whole. You will make some here and lose some there but it's the final figure that counts. no point making a lot here, and losing much more there.

 

You know i have 6 digits losses (for 2008) in the stock market.

but you dont know how many times more profits i made over the years

Those losses are what i can afford to lose and ready to lose since i'm in the market. had i not listened to myself i would have lost a few times more.

 

That is the reason why some have bullets and others dont.

 

I'm definitely no guru, but i think, i'm alright in this area.

 

Cheers.

[victor_03]

Hi, Throttle, any books to recommend to learn trading? thanks.

[Throttle]

sorry Vic, none that i know of to recommend.

 

ýou'll learn a lot more and faster doing the ""practical lessons" heh

[Throttle]

Kmax, how's it going?

[contrarian]

any books to recommend to learn trading? thanks.

 

If you want to read a book, you would be better off reading books on behavioural finance such as Shefrin's Beyond Greed and Fear, instead of traditional finance books.

[joekia]

Like wat my remisier once said... "If i can tell you when is the lowest, I wun be ur remisier.. I'll be sitting at 4 Beh Lor outside the guanyin temple giving 4d numbers..." If there's really a need to read books, I'd go for "come into my trading room" alexander elders

[contrarian]

Only the most naive will ever believe that they can buy at the lowest and sell at the highest. Anyone with experience will know that it's not possible.

[joekia]

Only the most naive will ever believe that they can buy at the lowest and sell at the highest. Anyone with experience will know that it's not possible.

 

 

 

I wun say it's impossible... Rather it's a matter of luck... It's like getting hole in one... Luck plays a important role in that...

[joekia]

Back to the issue on land banking, I think the counter party risk involved is too big... Check out some of their company's paid up capital and you'll understand what I mean... These days generally safer to put money in bluechips. Seen one too many case of companies going private.

[Lister]

Back to the issue on land banking, I think the counter party risk involved is too big... Check out some of their company's paid up capital and you'll understand what I mean... These days generally safer to put money in bluechips. Seen one too many case of companies going private.

 

For Land Banking with my company, we would actually transfer the title deed (issued by the local government) to your name, which means you own a part of the Land in undivided interest. In this case there shouldn,t be any counter party risk ya?

[Demon]

Only the most naive will ever believe that they can buy at the lowest and sell at the highest. Anyone with experience will know that it's not possible.

 

Then can you explain how Temasek can consistently buy at the highest and sell at the lowest ?

[contrarian]

Then can you explain how Temasek can consistently buy at the highest and sell at the lowest ?

 

Really? Then how did they sell off SingTel, power gencos and various other assets at high valuations? And also cancel the sale of things like PSA Corp and Singapore Power when the valuation wasn't attractive enough to them?

[joekia]

Even Temasek can't buy low sell high all the time. Look at the banks they bought into..

Edited February 5, 2009 by joekia