I wan both

Great spirit there, Prince,...

Okay,...I need to look at some data first,... stayed away from the screen the whole of yesterday,... doing voluntary work in housing matters,...

But,... this morning,...fully-focussed back,... The SINGAPORE BUDGET today. Mr Heng Swee Keat will give his maiden speech as MInister for Finance. Just a 'Mister' only,... sorry, no 'Datuk Seri' for Mr Heng... but..................worth listening to.

See got tax against dividends or not,... got tax against coupon payouts or not,.... got plans to weaken the SGD or not,...anything affecting foreign investors,...OR benefiting investors further to attract foreign investments.

Join me,... on Channel News Asia,...

Hmm,... STI is very much in red,...why are the counters that I am keen on never dropped ????

Share your watchlist bro Hansel.

I'm looking at starhub to increase my exposure to telco sector since I sold my ST earlier on. Currently just holding some of M1.

Hi Bro YCK,.. well, basically it's the three banks, KepCorp, and some bigcap counters,... can't possibly do a copy-and-paste here from the tracking website,...

Mr Heng Swee Keat,....

'we will begin from a position of strength,... we have no natural resources,....we must ensure every additional dollar spent is spent responsibly,...we have inherited a strong spirit of unity from our kampong days,...everyone has a role, we will weave a RICH tapestry,...BUDGET 2016 IS A BEGINNING TO SG100,...'

Cont'd,....

'productivity growth has been FLAT ??? in the last three years. ....our people are valued for their integrity, adaptability and (can't remember),..., total spending targetted for 2016 is 5Bil SGD,..., rebates of corporate tax for SMEs raised from 30% to 50%,...outlook looks soft, but NPI said will have (%) increase this year,...'

Haha today pullback not enough?

don't know what to make out of the budget except that with major fiscal spending to drive growth, mas will not be mucking around with ex change rates to ease interest rates.

SGD probably will stay strong for now.

waiting for 08/09 type of pull back.

Hi Prophet,.... I've been waiting for the same since last year,.............it will never come.

Mkt is closed today in Sgp for Good Friday.

Anyone feels that the mkt seems to be turning around after a dip due to the Brussels bombing ?

Hans

This time round, it's a managed slowdown by TPTB....keep pumping money into the markets......till...........

08/09 took them by surprise as financial cock up. This time its an economic problem which may usher in a financial crisis.

the handbrakes are on and near worn out. Otherwise Feds would have raise rates without even blinking.

these major breaks always come unexpected, hard to prepare for them.

with new budget moves to incr fiscal spending, will be hard to see sgx counters go thru a major correction.

next best thing is to buy on dips, that's all...

Yeah

Set some targets and buy on dips. Too difficult to predict

Hello Hansel

Share with us your top 5 holding

Very keen to follow you.

Keppel Corp dropped to 5.86 can topup?

Gov tax on dividend benefiting foreign investors?

This post has been edited by prince_mk: Mar 25 2016, 01:39 PM

Prophet,... if you are right,... then it is worth waiting, if you are not,... then we will be missing out on divvy payouts. My opinion is the earlier we buy, the earlier we start to collect the dividends.

There are investors who keep waiting and waiting for the price to drop,... but,........ the drop never came. It became even worse if the price goes up instead,... this has happened to me personally. In the process of waiting, and never actually buying, the chances for dividend collection is missed. The money reserved for buying the REITs then did not yield any sizeable returns.

YES - the taxation initiatives in yesterday's budget is definitely beneficial to investors. Across the board, taxes have been lowered. Companies will have more money to invest, individuals will have more disposable income for investment purposes. This will make the SGX more vibrant, which in turn , benefit foreign investors further.

Secondly, some taxes which were 'brought-up for discussion' by some opposition members earlier were not implemented - okay.

Top holdings :-

1) Parkway Life REIT.
2) First REIT.
3) Singpost.
4) Starhub.
5) Fraser Centrepoint Trust.

Please check the yield before replicating the holdings into our portfolio, because my Buy Prices are very low, though I have averaged-UP over the years.

KepCorp - can BUY,... I really shouldn't be 'giving stock tips' like this. It's against the rules of MAS and the SGX and we have to follow these rules...

No

Think you misunderstood. My post is not about buying or selling.
It's what i observe about the nature of the mechanism of the deflation of market.

So, in 08/09 we see a V or U recovery

This time round we may see a L recovery.......long drawn one

i am buying for dividends as long as they meet my targets

OKay,... I agree that you were talking about the mkt,... it was me who 'linked' your opinions about the mkt to buying and selling, because,... after all, we are here to observe and study the mkt to help us in our investments and 'speculative' activities,... wouldn't you think so ?

L-recovery is fine with me,... gives me more time to buy-up,...