Singapore Stocks
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 Aug 16 2011, 05:20 PM
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Senior Member
1,082 posts Joined: Mar 2009  
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Luckily i jump ship b4 admiral jump....
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Aug 16 2011, 05:21 PM
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Senior Member
8,912 posts Joined: Mar 2005
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QUOTE(danielc156 @ Aug 16 2011, 05:20 PM) Luckily i jump ship b4 admiral jump.... Ok. I now only wearing my life jacket....    |
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Aug 16 2011, 05:26 PM
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Senior Member
1,082 posts Joined: Mar 2009
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Wish u luck......u need this....i still holding some lian beng & yongnam
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Aug 16 2011, 05:29 PM
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Senior Member
8,912 posts Joined: Mar 2005
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QUOTE(danielc156 @ Aug 16 2011, 05:26 PM) Wish u luck......u need this....i still holding some lian beng & yongnam Thanks You   |
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Aug 16 2011, 09:37 PM
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Senior Member
2,711 posts Joined: Sep 2005
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Ok tmr I also cut liao..
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Aug 16 2011, 11:22 PM
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Senior Member
9,348 posts Joined: Aug 2010
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Guys, I don't understand, you are all holding good stocks. No need to cut, when the market comes back, they will rise again. Just store them away for the moment.
You wouldn't have another place to put your money in this down market anyway.... so why take out the money ? |
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Aug 16 2011, 11:49 PM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p 
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QUOTE(wlcling @ Aug 12 2011, 06:43 PM) Will be holding my cosco longs till next month... Think this will not go up anytime soon and during any index rebound it will continue to disappoint and cause more people to throw their positions before the big hands unexpectedly push it up... chief, really miss ur post ..... anyway family first, career second, lastly only wealth ..... This shall be my last trade in the market too... One reason is to dedicate more time to my career and my family Second reason is high chance of a bear market Third reason is I am not doing well in the market because I have overleveraged in the market on other trades which I have not posted here due to being too high risk and was gambling so to speak. Thus I was wiped out of my spare change in recent weeks...  |
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Aug 17 2011, 08:31 AM
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Senior Member
1,082 posts Joined: Mar 2009
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QUOTE(Hansel @ Aug 16 2011, 11:22 PM) Guys, I don't understand, you are all holding good stocks. No need to cut, when the market comes back, they will rise again. Just store them away for the moment. Cosco a good stock???? Ill rather throw this and get my hand on more Kepcorp & Sembcorp in downturn still can get divvy You wouldn't have another place to put your money in this down market anyway.... so why take out the money ?  |
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Aug 17 2011, 11:43 AM
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Senior Member
8,912 posts Joined: Mar 2005
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Sold Cosco @ 1.13
Added on August 17, 2011, 12:53 pmwlcling, have you sold your mewah? This post has been edited by Joshua_0718: Aug 17 2011, 12:53 PM |
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Aug 17 2011, 02:03 PM
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Senior Member
2,711 posts Joined: Sep 2005
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QUOTE(Joshua_0718 @ Aug 17 2011, 11:43 AM) Sold Cosco @ 1.13 Have sold all mewah when I was loading cosco.. Refer my prev posts.. I'm sorry if I made you hold it though because the price today is much lower Added on August 17, 2011, 12:53 pmwlcling, have you sold your mewah?  I have not cut cosco yet however... I am playing out my last gamble on the basis that everyone is so fearful on this even at current low prices.. Haha follow mr buffets word of wisdom when there is fear. Hey they have yearly divvys too ma! I know there is a big risk to hold so am prepared to hold for a long time if needed or will graciously accept more losses if I cut it later. |
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Aug 17 2011, 02:07 PM
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Senior Member
8,912 posts Joined: Mar 2005
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QUOTE(wlcling @ Aug 17 2011, 02:03 PM) Have sold all mewah when I was loading cosco.. Refer my prev posts.. I'm sorry if I made you hold it though because the price today is much lower Don't worry, I did not enter mewah counter. I have not cut cosco yet however... I am playing out my last gamble on the basis that everyone is so fearful on this even at current low prices.. Haha follow mr buffets word of wisdom when there is fear. Hey they have yearly divvys too ma! I know there is a big risk to hold so am prepared to hold for a long time if needed or will graciously accept more losses if I cut it later. Yup, but the dividend is only at around $0.04 right? Yup, definitely will bounce back once the recession has ended. The actual recession yet to come. Added on August 17, 2011, 3:09 pmCosco trend seems to like to go up in the morning, and come down after lunch. Heavy selling like crazy again... This post has been edited by Joshua_0718: Aug 17 2011, 03:09 PM |
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Aug 17 2011, 03:29 PM
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Senior Member
2,711 posts Joined: Sep 2005
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Going to test 1.08 soon...
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Aug 17 2011, 03:31 PM
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Senior Member
8,912 posts Joined: Mar 2005
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QUOTE(wlcling @ Aug 17 2011, 03:29 PM) Going to test 1.08 soon... Really sad to see the counter are so weak. Sigh |
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Aug 17 2011, 04:53 PM
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Senior Member
716 posts Joined: Jul 2006
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actually i dont like cosco is because the mother company in china is having a lot of accounting issues....
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Aug 17 2011, 05:29 PM
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Senior Member
2,703 posts Joined: Jul 2007
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QUOTE(danielc156 @ Aug 17 2011, 08:31 AM) Cosco a good stock???? Ill rather throw this and get my hand on more Kepcorp & Sembcorp in downturn still can get divvy Actually i agree wif daniel. Shipping industry is not looking so good now with the over-supply in the market and weak demand and charter rates. I know Cosco are in the ship repairing business, but if demand for vessels down, demand for ship repairs also down. I dun see much prospects for Cosco for the near term..... |
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Aug 17 2011, 06:50 PM
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Senior Member
8,912 posts Joined: Mar 2005
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QUOTE(mercury8400 @ Aug 17 2011, 05:29 PM) Actually i agree wif daniel. Shipping industry is not looking so good now with the over-supply in the market and weak demand and charter rates. I know Cosco are in the ship repairing business, but if demand for vessels down, demand for ship repairs also down. I dun see much prospects for Cosco for the near term..... Yes, shipping business has drop dramatically few months ago. My housemate told me it is back like 2009, price throwing for container cost. No demand at all. 1 container can cost you SGD300 only. |
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Aug 17 2011, 07:23 PM
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Senior Member
2,711 posts Joined: Sep 2005
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Wonder when cosco may hit $8 again... Hahaha 8 years maybe?
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Aug 17 2011, 07:49 PM
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Senior Member
525 posts Joined: Apr 2011
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Now it is the right time to go in Genting Singapore ? G13 ?
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Aug 17 2011, 10:28 PM
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Senior Member
8,912 posts Joined: Mar 2005
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QUOTE(Paradise_Trader @ Aug 17 2011, 07:49 PM) Now it is the right time to go in Genting Singapore ? G13 ? I am waiting for it to drop further... $1?  |
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Aug 17 2011, 11:04 PM
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Senior Member
2,711 posts Joined: Sep 2005
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QUOTE(Paradise_Trader @ Aug 17 2011, 07:49 PM) Now it is the right time to go in Genting Singapore ? G13 ? lol... can la.. if keep 5 years.. but at this moment some pros shorting it wo..  |
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