Looks like SGX is reacting negatively to this news too,... FY2020 REporting is thi evening,... I suspect the dpu will be cut too !

Tq bro CL,... appreciated this,...

Yeah,... we need the 3 banks to start moving,... then the STI will recover.

Bro,... the macro-economic situation is not good for banks now. A regulatory body in The USA did a report called CENFin and announced that many banks in the world were involved in money-laundering activities in the past twenty years without proper controls in place.

You will see the banks have dropped a lot today.

It's better to watch a bit longer and let the dust settle, otherwise, you may run the risk of buying higher. For SG banks, things shld be fine, but let the dust settle a bit more before entering. Don't wait too long though.

Each of the above three banks has its merits. I am holding-on to my DBS, and will focus on averaging down further because it pays out 4 times a year, whereas the other 2 pay out twice a year.

Have recently invested into Ascendas iTrust, CRCT and Micro-Mechanics. Things are doing fine,.... I believed these ctrs still have legs, bros,...

Commented further in Sharejunction, bros,...

Welcome, bro,... I used those two forums too,... when I first started investing many years ago,.. I used to use the CNA forum, but too bad, this forum has been disbanded. I have many details of my steps recorded in this forum,... but the forum has been disbanded, hence, I lost everything.

I still remembered,.. one of my first counters invested into was First REIT,.. and I learnt from the writings of a forummer called : Thai King.

Today,.. I don't forum too much anymore,... unless time permits,... I am confident in my ideas,...

Tq bros AV and Ramjade,....

I was abt to ask a question too,... would you chg plans and invest into the SET or the BSKL then since the STI is the worst among the region's indices ?

Tqvm for all your replies, bros,... appreciated them and apologies for the late ctr-reply,... Many I wanted to say have been said in the above already,... so,... I'll just add : I'm comfortable investing into instruments which are denominated in stronger currencies compared to our Ringgit.

And this feat shld be easier because you guys know our Ringgit,... so, well,.. I'll just go on doing what I've been doing. I wouldn't want to dabble into the baht nor any of the other Asean currencies.

That fella copied me, bro,... don't call him that,......

Okay-lar,.. this also indirectly means everything else you have done,... I mentioned them to you earlier. Good also,.. congrats,....

PLife REIT's dpu rose 7.4% year on year,... congrats again,...

If the Msian Budget is approved this evening, the automatic moratorium of another 6 months for borrowers will benefit OCBC and UOB.

DBS, UOB and OCBC dropped this morning because of this report which was published yesterday : https://www.businesstimes.com.sg/companies-...stainable-rally

I'll comment on the above first : this bro seems to be following in my footsteps always. The two things he mentioned above are the same things I have done during this pandemic.

Good all-round discussions here, bros,... tq,... for myself, I think there is a high chance that the entitled units in an EFR can be subscribed to successfully, BUT the excess applications will be dimmer. Hence, one may end up with odd lots. But,.. we shall see from TOS' experience in the above.

The banks are a sectpr-rotation play now from virus to vaccine. And Phase 3 is coming soon,... hence the strength in the banks. I am deep inside DBS, having averaged down all the way from $26 to $21 in the ast few months. SO,.. I'll stay out for DBS. Among the sector-rotation plays, I'm only for the banks in SG. Don't know-lar,... I don't have much confidence in going for ComfortDelgro and Semb Inds nor Keppel Corp anymore.

Bro,... why do you say this ? : Looking forward, the market sees rate to go up. UOB is already seizing this opportunity to issue negative-yield bonds. The hint is there. https://www.businesstimes.com.sg/companies-...s-1b-euro-issue.

Why would a bank want to grab the opportunity to issue negative-yielding bonds if interest rates may go up and banks can instead earn more net interest margin from a rising interest rate environment ? I have some suspicions in mind but I'd like you to clarify this,...

I haven't checked which ctr Fiverr is,... but I did comment in ShareJunction that I have started into Tech Stocks in Nasdaq since August this year. I made money on the splitting exercises of Apple and Tesla. I have always been a divvy investor too but decided to dipmy fingers into Nasdaq and NYSE when the USD interest rates reached almost 0%.

Tks bro,....

I have many divvy ctrs already,... thot that I'd dip my fingers into growth in the US now,... But today,... I just feel that I am underperforming in my growth investments,... I sat in front of the TV till mkt closed at 2 am this morning and I have still not bought anything,....

I started in US growth back in,... August, I think,... just before Tesla and Apple did their share splits.

Emm,... he makes mistakes too and lost money too,... it' better to do analysis outselves.

Bro,... the thing abt him is,... he entered many ctrs early and the ctrs are still doing well, with him holding at very low prices. This is the advantage he is enjoying now. Of course, he chose the right ctrs too long ago,... this is where the stock-picking skills come in.

I am happy to say I am in quite a similar situation too,... but not with US stocks. I'm holding SG stocks and REITs at low prices.

I don't follow herd mentality,... not especially from someone who followed me earlier,... you wrote a big piece earlier basically abt making money faster within a shorter period of time,... everybody knows this, you're not the only one.

The question is : will you lose money instead of making money doing this or not ? And,... can you afford to lose that money ? Do you have the guts to lose that money ??

Well,... I'll just say again,... I'll do my own analysis,... it's been okay so far.

Bros,...

Switzerland may not host the 2021 World Economic Forum after all, because the corona pandemic is taking such a heavy toll on the nation. The forum organizers are considering a temporary relocation to a safer place – maybe Singapore?

The World Economic Forum (WEF) had opted for the reclusive site of Buergenstock for the 2021 meeting of business and political leaders instead of Davos, as it tried to make the showcase conference as safe as possible in the times of the pandemic. Now, the alternative meeting place has also come under review, according to a report by Swiss Sunday newspaper «Schweiz am Wochenende».

The huge number of infections and the death toll exacted by Covid-19 in Switzerland has alerted not only foreign governments but also led to concern about participants of the WEF 2021. The organizers have started evaluating potential alternative venues for the meeting that is slated to take place in May.

WEF as a Safe Place

WEF founder Klaus Schwab said that Switzerland was given as the host nation, as long as the corona-situation permitted, according to «Schweiz am Wochenende». He will only allow the event to take place on Buergenstock if and when the health concerns of participants and the public have been met, adding that the WEF should not turn into a super-spreader event.

According to unconfirmed media reports, Schwab held talks with representatives in Singapore

https://www.finews.asia/finance/33282-world...tter-01-12-2020

Just fyi,... I loaded-up further on US Vaccine stocks last night,...

I look at it this way - the more int'l events are being held in SG, the more popular will SG be,... and the more investors will enter,... the effect of the macro-economy will be highly positive. And,... if you know what the WEF is,... I wouldn't call it as just a conference.

I was in Switzerland at the begiining of this year,... this event is,... I can't find the word to describe it. I'm busy with Australia opening up now !

You never know,... There are many classes of representatives and organizations. Eliteness itself has its classes too.

You are undermining yourself if you talk like abt eliteness as the all-God thing ! This is how the so-called 'elites' in Msia 'bully' others and are able to fly when people like you start idolizing them and the word 'elite'.

Start by thinking and behaving equally with all.

Edited by adding : You can't go too if you are an 'elite' next year. You will be hoping that you can go in the next two years. I am happy to have been able to be in Davos this year.

This post has been edited by Hansel: Dec 3 2020, 07:31 PM