Singtel hitting 3.10, FYI

Hmm,... any TA enthusiasts around please ? Can gauge where the bottom is in the next 6 months ?

will wait to average down later. Should I wait ??

TBH i am waiting for it to hit 3.0

huehuehue

XD coming, I will average down but will wait

Not sure whether this is the right place to ask. I've just managed to open trading account with KE Trade. Anyone knows whether I can fund KE Trade trading account using 3rd party money transfer services such as MoneyMatch, Instarem etc?

You have to email them and ask.Or test water with say SGD1000.

This post has been edited by Ramjade: Jun 27 2018, 08:07 AM

Bro,... I think it's not possible (due to MAS Rules), especially if coming from such transmittal services,... but the best thing to do is to confirm with them. DON'T SEND SGD1000 to try !

The SGX keeps reinventing itself to cater to the mkt. She knows that there re strong challenges out there,... an excerpt from the report in the link below :-

"To be a financial market, we need to offer more products and be as comprehensive as possible."

https://www.businesstimes.com.sg/stocks/sgx...qualifying-ipos



Let's see how things turn out in the next 5 to 10 years,....

Singmedical rights sell price currently is 0.001. If I don't want to subscribe rights must i sell it? As after pricing in selling fee will have loss.

Bro,.. this type of things,... let it lapse then no other way,..... no need to sell,...

The following was published at 9.57 pm last night,.....

Cromwell European Reit completes acquisition of Italy property

CROMWELL European Real Estate Investment Trust (Reit) has completed its acquisition of a property in Italy, located at 13 Via Jervis, Ivrea, the Reit manager announced on Wednesday night.

It said that the Italian state did not exercise its pre-emption right to acquire the property.

It was previously announced in late April that it was acquiring the freehold office building in Italy for 16.9 million euros (S$27.3 million).

After the acquisition, the number of properties in its portfolio comprises 75 properties.

Units closed on Wednesday at 0.58 euros, up 0.5 euros.

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Odd, there is no mention of how they intended to buy, ie by what funding method, what's the targetted dpu and nav post-acquisition, etc,...

Bear is coming? Or already here?

I have stopped buying,... some studies said to wait till 3200 points in the STI,...

SGX is full of lousy under performed counters. Another 10 years also will be the same. I had keep reducing on my SG holding and shift to US or MY market.

Depends on where you are in your investment life I think.

For me, I was looking at regular sustainable returns with a stable or better currency vs the MYR.
Since I started in 2009, SGX has proven to be rather good in meeting my objectives, especially the SREIts.

My return is approx 14% pa ex currency exchange. In 2009, the SGD was 2.3 MYR. But of course in those days, the SREITs were not so popular yet.
Sabana and AIMS were dishing out 10 to 12% yields!

But all in all, SGX has been good to me.

But been good to me,... Aus mkt is hard for me,... Canadian mkt been good to me, except for one counter where I lost a lot,... US mkt been okay to me, just ok only,...

I 'proxy the Msian mkt via PNB Fixed Priced Funds',... been okay to me,...

Are we headed for another recession? The yield curve is at its flattest level since 2007…By Adam Wong on June 29, 2018


You may or may not have already heard that the U.S. treasury yield curve is at its flattest since 2007 – the year before the 2008/09 Global Financial Crisis. Is this a potential sign of things to come?

But before I delve into that, I guess a bit of background information is in order.

What is the yield curve?
The yield curve shows the spread (difference) between the interest rates of short-term and long-term U.S. Treasury bonds. For example, the current interest rate (as at 28 June 2018) for the 10-year U.S. Treasury bond is 2.83% and the interest rate for the one-year U.S. Treasury bill is 2.33%, therefore the spread is 0.5 percentage points.

Usually, interest rates for long-term bonds are higher than for short-term bonds. And rightly so because investors demand a higher yield for locking their money away for a longer period of time, which brings greater risk and uncertainty. In this case, the yield curve is ‘normal’ and slopes upward.

But when the spread between long-term and short-term yields starts to narrow — either by long-term yields falling and/or short-term yields rising — then the yield curve becomes flatter.

If long-term yields become even lower than short-term yields (which obviously doesn’t make sense in the long run), then the spread becomes negative and the yield curve is ‘inverted’ and slopes downward.

So what happens when the yield curve is inverted?
Historically whenever the yield curve becomes inverted, it is a strong signal that the U.S. is about to enter a recession. Have a look:



Source: Federal Reserve Bank of San Francisco

The chart above is the yield curve spread between the 10-year and one-year U.S. treasury yields from January 1955 to February 2018. The grey areas indicate periods of recession. As you can see, every U.S. recession in the past 60 years has been preceded by an inverted yield curve (i.e. the spread goes below zero). Amazing, really.

According to the Federal Reserve Bank of San Francisco economic letter:

“Every recession over this period was preceded by an inversion of the yield curve… and had only one false positive, in the mid-1960s, when an inversion was followed by an economic slowdown but not an official recession.”

And when the U.S. sneezes, the world catches a cold.

Why does an inverted yield curve signal a possible recession?
If investors are optimistic that economic growth will continue for the long term and expect interest rates to rise, many will prefer short-term bonds now (instead of long-term bonds) in hopes of securing a higher yield later. The lower demand for long-term bonds means long-term yields rise faster compared to short-term yields, widening the spread.

However, when investors start to become pessimistic about long-term growth and expect interest rates to fall in the future, many will now purchase long-term bonds to lock in yields before they fall. The higher demand for long-term bonds now leads to long-term yields slowing or falling, narrowing the spread.

When it reaches a point where long-term yields are even lower than short-term yields, we have a negative spread (an inverted yield curve) – a scenario where investors are so pessimistic about long-term growth, they prefer to secure lower yields for long-term bonds now than risk higher yields for short-term bonds.

Therefore, a narrow/negative yield curve spread may signal that long-term investor confidence in the economy may be waning, even though it may still be booming right now.

At the moment, the Fed has been raising short-term interest rates to control inflation in the growing U.S. economy. However, long-term interest rates have been slower to rise which suggests that investors are becoming less optimistic on long-term growth.

The fifth perspective – what next?
It’s also important to note that while the U.S. yield curve spread is at its lowest since 2007, it is not yet negative. Right now, the spread between the 10-year and one-year U.S. Treasury bonds is 0.5 percentage points.

And even if the yield curve inverts, it can’t predict when a recession will happen. The above study by the Federal Reserve Bank of San Francisco noted that a recession came in as little six months to as long as two years. So the music may go on playing for some time.

But whether you decide to use the yield curve as an indicator or not, it’s good to note that the S&P 500 has risen 287.7% since March 2009. As it is, the stock market is looking rather expensive right now with the S&P 500 P/E ratio at 24.57 (as at 28 June 2018), compared to its historical median of 14.69.

The U.S. has been on a tremendous nine-year economic bull run since the Global Financial Crisis. But every economic expansion is followed by a recession — we all know that.

The only question is… when?

Hmm,... bro,... I think to each,... his own circumstance for now,... I'm not selling what I ave but I'm also not buying yet,...

I will continue to reap the dividends from the counters which I have bought all these years,... and keeping them side,... I'll continue t monitor the world events abt trade wars, etc,... and try to match them with TA,...

............waiting for a day to deploy my 'bullets' again.

singtel share drop like grape
get my hand abit on starhub

still now sure how long singtel share will drop