Yes Singtel already 3 years low, so qualified.

As a rule of thumb in investing in SGX :-
Large cap - buy at min 3 year low
Medium cap - buy at min 5 year low
Small cap - buy at all time low only (if still fundamentally sounds)

Do not ever buy at near high cause u will guaranteed to loss money.

This post has been edited by Singh_Kalan: Oct 31 2018, 07:05 PM

You are looking backward.

Low and be lower, and high can be higher

Stock price is about the future of the company, not its history

Stock price is about the future of the company, not its history

That is what they want you to believe, but trust me, stock price depends more on past history. The valuation of company has a lot to do with its past record (earning, dividend, FCF) because future is always blind.

If stock price has nothing to do with its history, a company that is losing money may be valued the same as a profitable growth company cause anyone can cooked up a story of the prospective growth but they can't fake the past. IB analyst has the talent of writing rosy fairy tale growth story.

Do bank lend you money based on your future prospect or past financial record ?? Your company ability to secure a loan is based 100% on the past financial record. They don't even wanna hear about your future prospect, yet their counterpart from IB keep telling people the target price is based on future prospect. Ironic

Future prospect is a speculation that likely turned out to be false.

This post has been edited by Singh_Kalan: Nov 1 2018, 11:00 AM

Sounds like the SOP words from MLMer


In fact it is. Many frying punters cook up stories, and fry the bugger counter. When a company announces they won new profitable projects, the price shoots up.

Just look at the companies in USA. Eg. Facebook, Amazon in the beginning all made losses. Bad history. Why people chase their price ? Because of their future.

Another example is Tesla and Uber. Now they are making billions of losses for the past years. But Tesla share price is still sky high (came down in recent months, but still very high for a loss making company). As for Uber, investors still value it at tens of billion company despite the past losses.

For SGX, Singtel has good past records, but because of the bleak future, the price came down.

AS for Sreits, investor buys and sell based on Wale, ie, what their future rental income can bring in as revenue.

Yes, bank lend you because of your ability to generate future profits, not your past history.

In all my previous application for business loans, they require a profit forecast for 3-10 years.

Very clearly you have no experience in corporate loans process

Bank lend you because of your ability to generate future profit based on past history. If your past 3 year earning average at 100k per annum, do you think they will accept it if you tell them your future earning will be 1M per annum. Company without sufficient financial history will be difficult to get loan.

Forecast earning for 3-10 years is the most stupid exercise. They will still give out loan amount based on past history. Most company can't even forecast a 1 year earning correctly. That 3-10 years forecast is rubbish.

This post has been edited by Singh_Kalan: Nov 1 2018, 12:46 PM

Ok....you totally have not have any idea in the iB line....

Come to think about it, my post "share price is about the future..." is not entirely correct. Because all information released to the market, past, present and future, have already been priced in in a matured market like SGX.

If share price is based on past history alone, the fluctuation will be very limited because all data has been made known and no uncertainty. But in reality share price is based on a combination of past history and future prospect. This is where the fluctuation come into play.

hello All, new birds here

interested to involve in SGX market.
currently got 360 saving account with OCBC.
other than OCBC, which is the most competitive platform to trade SGX acc?

Singtel Q2 profits fell 77% and share price fell too.

Wise to shop now???

Singtel stock price so tempting lah $3.04

MeGroup Ltd (SJY.SI) - SGX Catalist Board

Just listed on 31st October 2018. Malaysian operations in Automotive industry , both manufacturing & retail.

IPO @ 0.23
118,500,000 Total Shares
18,000,000 new shares subscribed (16,500,000 placement + 1,500,000 public)

https://me-grp.com/

anyone holding LIPPO MALL REIT?
is it good?

https://research.sginvestors.io/2018/11/ums...zcmc0X3ApP7v-uU

Price Alert for UMS !

my main blue chips of ocbc


drop like grapes !

i worry it will break $3

How to apply new bond n where is the announcement for the IPO?

Can non citizen apply? Duration of Bond will be how long?
When expire the Bond will be refunded as per call price?
The price of Bond will not fluctuate much except due for paid out dividend,right?

congrats your OCBC up today

reach 12 only said

tml 12.50