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

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.