QUOTE(AMINT @ Apr 16 2013, 08:17 AM)
I sold off everything already last few months. Dunno la but i just dont feel right buying gold. Hardly make any profit. Turned me off
I rather buy public bank shares when the price is right...V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...
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Apr 16 2013, 08:20 AM
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#141
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Apr 16 2013, 09:42 AM
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#142
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QUOTE(joeblows @ Apr 16 2013, 08:33 AM) Teh Hong Piow about time to step down due to age already. Dividend yield bro. I buy to shares mainly keep and for dividends.What makes you think his successor can continue his growth? If so concerned about cap appreciation better buy Digi, Maxis, TNB. Like I buy props with main aim of getting rentals. As for Tan Sri Teh stepping down, who knows leh, maybe their he have already planned his succession plan as well as his running of the bank? |
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Apr 16 2013, 12:05 PM
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#143
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QUOTE(joeblows @ Apr 16 2013, 11:35 AM) I'm not holding any gold either, but I can tell you if it drops to 1100 and below level, I'm buying. If it drops to below 1000, I'm buying with both hands and if it drops further to 800ish I would take out second mortgage to buy gold. Might as well buy the gold mine company's stocks....? |
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Apr 16 2013, 03:45 PM
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#144
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Seriously, why bother owning the product, ie gold, when you can own part of the producer of that product?
Anyone look at gold mine company stocks lately or not...must have dropped like hell... |
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Apr 16 2013, 04:47 PM
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#145
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QUOTE(AVFAN @ Apr 16 2013, 04:42 PM) if gold price drops to 1200, gold miners can't operate profitably, some will go bust. you wanna hold their shares?! Please lah. Prior the bull run, gold has been trading like 400 or something like that during 2001. It was said Gordon Brown, the UK finance minister sold all of UK's gold reserves then, because gold got no use. People still mine gold then wut...what is this not profitable crap.... |
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Apr 16 2013, 04:48 PM
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#146
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Apr 16 2013, 04:49 PM
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#147
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Apr 16 2013, 07:10 PM
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#148
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QUOTE(joeblows @ Apr 16 2013, 05:55 PM) Yes but just like oil below US$80, a lot of current gold mining is unprofitable at prices below US$1000 per ounce. Gold miners have been opening up new mines in capital-intensive high cost areas like Ghana in Africa to meet demand. Then their shares would be cheap lah, look for the ones that are strong, diversified and could weather the drop in prices one lah...Just like half of North American oil producers would be out of work if oil slips past $80, tar sand oil and fracking costs more to extract. Their shares would be cheap wut. Same thing mah, buy low sell high. Why would I bother buying physical gold, risk getting robbed and pay banks to store it for me... Waste of time and effort. Might as well buy the gold mine hold and reap the rewards when the prices rise again... |
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Apr 16 2013, 07:12 PM
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#149
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QUOTE(AVFAN @ Apr 16 2013, 05:32 PM) always strong opinionated as u r... In the first place I wouldn't even be buying gold bars in the first place.crap or not, that's up to you. but i hope u read a bit more and not just buy these goldminers equity by own opinion. You need to pay other people to keep it safe and risk getting robbed for keeping it. Better buying high dividend stocks from blue chip companies. Or good auction props in good location. |
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Apr 16 2013, 10:29 PM
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#150
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Apr 17 2013, 08:28 AM
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#151
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QUOTE(joeblows @ Apr 17 2013, 08:21 AM) Its unlikely to happen in O&G, I agree, however its still possible. If you must know, we not only use oil for fuel.US/Canada now jointly produce more oil than Saudi, and probably have larger reserves as well (no one knows the true extent of Saudi reserves). The West is also moving strongly into alternative fuels - especially in nations like Germany. We use it for plastics, fertilizer and many many more other modern things we take for granted. Even if we find an alternative fuel that is as reliable as oil, we will still need to use oil in massive quantities |
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Apr 17 2013, 04:36 PM
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#152
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QUOTE(joeblows @ Apr 17 2013, 04:05 PM) Barrier to entry for this kind of "business" is quite low in Malaysia despite being Muslim-majority. I thought Puchong is the hub of their "factories" That's why KD can become the capital of massage centre in Selangor. Come to think of it, wasn't someone saying a lot of expat are moving to KD? Those workers also can be considered high-income "expats" I guess.......earning RM20k a month for ang pai is not uncommon. Besides, KD may be too expensive to set up shop therelah...750 psf by Sunway launch alone next to Giza.... |
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Apr 17 2013, 04:51 PM
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#153
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QUOTE(joeblows @ Apr 17 2013, 04:43 PM) 750 psf probably means this is the only "business" that can sustain those rent. Damn...lucky i am married.Like someone up there said, this is the never sunset industry - profit margin more than fnb, sometime busy like pasar malam. hehe.... God knows how much they have to charge in order to afford rents of shops at those prices |
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Apr 18 2013, 01:16 PM
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#154
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Apr 18 2013, 02:21 PM
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#155
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Apr 19 2013, 09:50 AM
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#156
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QUOTE(zuiko407 @ Apr 19 2013, 09:30 AM) i like your quote "BBBlind" and "greater fool". Eh, Mr Zuiko...ask you a question...I can only say "good luck to u". I won't give 100 reason or excuse to say this and that, I'm just simple; make money or loose money! Now with all the MK props skyhigh at 650-800 psf already, if I wanna buy for own stay for retirement say 15 years from now and easy to rent out in the meantime wan ah, which to buy. Let say budget at about around 700K and 1000 sq feet? |
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Apr 19 2013, 10:01 AM
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#157
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QUOTE(blasto @ Apr 19 2013, 12:40 AM) Aiyah...after GE see whether those houses will materialise or not.Come think about it, the Gomen and PR all promise heaven and earth on top of prima... Cut petrol Give free money Cut Car tax Cut highway toll Free edu or more money into edu etc..etc... how the heck are we gonna find money to pay it all |
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Apr 19 2013, 10:14 AM
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#158
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Apr 19 2013, 10:23 AM
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#159
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QUOTE(zuiko407 @ Apr 19 2013, 10:20 AM) Basically size around 1200-1500sf; 3b2b not difficult to rent out in mont Kiara. Environment at Kiara 3 nice or not...with your budget and size, in Jln Kiara 3, u can consider Kiara designer suites, in Jln Kiara, u can do comparison those sunrise product like pelangi, pines, bayu, Sophia. If u have bid more budget, can consider the coming new launch pavillion. Hartamas regency is good choice too Also, can get positive income in the meantime based on current prices versus rent? Thinking about retiring there one day... Pavillion abit too "exclusive" for me leh... |
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Apr 19 2013, 10:44 AM
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#160
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QUOTE(zuiko407 @ Apr 19 2013, 10:43 AM) Environment definitely can't compare to Jln Kiara and 5, kiaramas hillside and also Solaris area, but next to garden international, also lot of Korean tenant, I missed the chance to grab blk A Ceriaan Kiara 2000sf which facing bungalow, the highest demand for rent and sell among the rest of units, easily rent out with 4k above, price was below 900k only. Thanks!Pavillion will definitely have its value, no regrets if u buy for own stay |
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