did they cut loss when selling? i think they probably still sold at profit as their buying price was quite low.

what?? cmmt??

selling only now when others start to accumulate? isn't that classic "buy high sell low" case?
anyway, if you have a good plan of this selling (ie. sell it to loss 10%, buy other stocks with better confidence to gain >10%) then it's fine. If you just sell because of panic and no real plan of how to use that money after selling, I'd suggest to hold on for now and do some thinking and research before taking action.
Just a thought. Please judge your own. Good luck!

long term or short term?
i think short term might have peak, long term hard to say.
i feel 2016 could be the year world market fall from recent years rally. But who cares, we buy stocks, not index.

This post has been edited by yok70: Dec 22 2013, 04:39 PM

gark's tp 2.88 also close already.....

ya, bond yield keeps moving upwards. this is very scary for reits holders.

This post has been edited by yok70: Dec 23 2013, 09:50 PM

me too. no 6.5% net, no adding more.
currently 24% of reits in my portfolio, bit too high still.

This post has been edited by yok70: Dec 23 2013, 10:24 PM

ya, 19 sen is gross in my note. So need to wait 2.70 only reach 6.5% net.

if i own zero reit now, i'll start accumulating without a doubt. But i already had 24% reits on my portfolio, so only add if many many cheap loh.

net yield above 6.5% lah.

no, not Very Attractive yield yet, but it's closer now. Another 8-10% drop will make them at Very Attractive category. My high reits holding is because i previously hold 50+% of reits in my portfolio, and then slowly cutting down to currently 24%.

This is comforting to hear.

Are you sure? I thought it's heavier on warehousing? I might be wrong.

it means low can become lower.

I am seeing more and more fear around REITs (and i like that!).

This rally has been 5 years now (started since 2009). How long can a long-rally go? 8 years? 2009+8 = 2017. If big correction comes in 2016-2017, investors may move back from stock into bond, bond yield may compressed 50% (ie. from 5% to 2.5%), by then we may see once again REITs rally 100% upwards effortlessly. Long term holders, I think can relax a bit. Unless we start seeing Malaysia's GDP falls sharply or jobless rate raise sharply etc., then we should be worry. Other words, fundamental changes is more severe than valuation changes....for long term lah, i mean.

2014 could be another tough year for REITs though, as Fed's tapering will continue until all gone within the year itself most likely. Where is the bottom? Only time can tell. Like gark said, our target net yield for REITs has been raising from 6% to now 6.5%.

This post has been edited by yok70: Dec 25 2013, 12:46 AM

I went went leisure mall for dinner with family. Almost every restaurants are full house. Mom said why so many people like to go out and eat. I said because it's one of the "entertainment" for them, and it's consider one of the cheap one. Mom said dinner cheap meh? Easily $200 for one family, just one meal. My sister said, Shangri La's buffet dinner today is $200+ for one person only, and it's full house unless you make booking at last week.

Economy no good meh?

When benefits reduce, everyone will definitely shout because less cash in the pocket. But still, they have enough cash to change their S4 into iphone 5s, go for long queue to buy new house costs over a million, and changing yam cha place from mak mak store into bubble tea house or cafe. And not to mention their cars are growing in size as well. My friend just sold his Honda and get a Audi, while complaining business not as good as before.

office oversupply fear. good to dispose some office and buy some warehouse.

but you didn't put in the wrong targets that burnt, ie. easily capital loss of 30-50% sometimes, for normal person like us.
if can play perfection for a straight 7 years like that, this person won't be making as little as 1.2m in 7 years. He should be making 1.2b instead.
just some thoughts.

that sounds like a good plan for the first few stages.
i was wondering when it reaches stage 4, do i still dare to put all the 160k earned by past 3 100% strike (i must have felt very damn lucky me after that continue great strikes!) onto another potential 100% gain undervalued stock? that would take more guts to do. And then, there is another stage 5-7, needs even more guts!

true, your method is a great plan I think.

To spot an undervalued stock to invest is extremely difficult for me actually. One thing is, our media system is pretty spoil and corrupted. Media can easily bought up by company to write fake news, and SC is extremely weak on protecting investors in this manner. No reporters who wrote fake news, or safer to say "rumors" were punished in any way at all. There is almost zero risk to write fake news and manipulate the market. This kind of environment makes information really hard to be trusted. In this case, how do we dig reliable information for an under-researched therefore undervalued stock? Seeing a stock appears to be extremely undervalued, we can't help to start worrying what's the reason behind it. Is there any time bomb in it that may blow up anytime? So yes, I'm very scare even if I see them reporting quarter after quarter of big profit. Simple example is China companies. Too good to be true almost equivalent to higher risk. Smartag, Digistar, Amedia...a few which were once super popular here with gem call or super undervalued call all around, and many of us have high hope on their growth story. Until today, they remain failure, that's the reason why their PE were so low at that time. Digistar once having super high profit growth and share price shoot up to the sky. Now? Net loss, so PE cannot be used anymore. Amedia dropped at least 75% from last year's share price peak. Smartag continues two years in net loss.

Lack of trusted source is a nightmare for Bursa's investors. That's one of the major reason why FF doesn't like to invest in Bursa. They prefer more transparent market such as Singapore and HK. And I've been continue of moving out my capital into HK and US market for a while, now about 15% of my portfolio and growing.

Some undervalued stocks that I hit jackpot that close to or above 100% upside are Presbhd, Cypark and Perisai. However, some of them took two years to realize it. And also, I got hit time bomb by others too. DBE (you also playing this one that time, I think) that loss 43%, msports that loss 20% etc.

What about you, Sky? Which were some of the stocks that you target to 100% upside but ended selling at loss? Mind to share?