Will try my best TO TIME,...but don't blame me if I got it a bit wrong,..

What's you guys waiting for ?

Mai tu liao.. Just buy in Keppel Corp @ 6.76.
how about you?

Very happy today

Waiting for Hansel to advise.. haha

He is online now. Probably typing his 500 words advice to us

He ask to hold our warchest !

Good morning, apologies for the silence. The SG mkt has more to drop,... if wishes to nibble, I think should start around December.

Well,... I know that it's not possible to time the mkt, but I'm kinda like applying my experience from the 2007/8 plunge. I bought-in a bit early too back in 2008.

Back in 2009/9, looking at hindsight, I bought in too early,... immediately when everything started going down, I bought-in. Then Enron collapsed, followed by Lehman, and I kept buying-in at each point as the mkt dropped.

So,... this time, I'll just be patient first.

Edited by adding : I'm not waiting for a collapse like Lehman to take place,... this is too far-fetched to predict, but at least I will look at the metrics which govern the SGX and the weightage of each metrics as they weaken everyday. The higher the weightage of a metric that dropped, the closer it is to the bottom.

This post has been edited by Hansel: Nov 17 2015, 09:36 AM

Dropped again today - Keppel Corp at 6.69 low....Steady...

i've been waiting for singtel to go to 3.60.

no chance, so far...

Singtel is a Utility Counter,...hard to say,...

shall wait for more drop.

First REIT rose to 1.19 today after it announced an acquisition. However,........the acquisition comprises one hospital and one plaza. The question becomes why is the plaza lumped into First REIT too...

The plaza should have been sold to Lippo Maple Indo Retail Trust. Is everything being lumped into First REIT in preparation for delisting...

A good read to guard against a Fed rate hike - https://secure.fundsupermart.com/main/artic...--11050?lang=en

Pls enlighten Banking stocks are value buy now ? tempted to get one or two of them ..

I think the three Sgp banks will be affected by a heavy knee-jerk reaction when the Feds starts the hike. It is a natural reaction from big institutions, and Sgp banks are certainly big institutions.

The inst investors must selloff, and misprice the mkt. That's the time to go in.

When the time FED raise interest rates, I immediately think of benefit sector would be the bank as bank can make more profit on charging higher interest from borrower and directly increase the yield on cash. My thought was isn't it bank like higher interest?

Or in fact, rising rates may hurt bank interest margins/profits. One reason is that, as the “cost” of money goes up, a fixed-rate, long-term loan locked in when rates were lower is now less profitable. So if Fed-mandated short rates move up faster than market-driven long rates, interest margins get squeezed.

Which one is correct?

Both of your first two paras above will contribute to the list of possible benefits and threats to the Sgp banks when the Feds raise interest rates. The net effects will be felt down the road. At the point when the Feds confirm raising, the Sgp banks will trend down and provide us a window of opportunity to buy.

The prb is how long the window is, before it closes. Then the price will trend upwards.

For those aiming for Keppel Corp, folloiwng is a news worth reading :-

image: http://media.corporate-ir.net/media_files/...ogoNewEmail.gif

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website.

BHI Rig Count: U.S. -10 to 757 rigs

U.S. Rig Count is down 10 rigs from last week to 757, with oil rigs down 10 to 564, and gas rigs unchanged at 193.

U.S. Rig Count is down 1,172 rigs from last year at 1,929, with oil rigs down 1,010, and gas rigs down 162.


The U.S. Offshore rig count is 30, down 3 rigs from last week, and down 23 rigs year over year.


BHI Rig Count: Canada -10 at 166 rigs

Canadian Rig Count is down 10 rigs from last week to 166, with oil rigs down 1 to 67, and gas rigs down 9 to 99.

Canadian Rig Count is down 268 rigs from last year at 434, with oil rigs down 176, and gas rigs down 92.

Due to the Thanksgiving holiday schedule, the next North American rig count will be published on November 25, 2015 at 1 p.m. ET.