bad news for sgx...

problem is like oil, no idea when it will bottom.

with commodities and china expected to be slow and low for some time, it gets jittery.

profits falling, rates rising, bad debts rising... and we haven't seen any major collapse anywhere yet.

best to stick to low risk ventures at this time.

good issue to discuss at this time!

instinctively, i think of avoiding, anywhere:

1. oil & gas equities
2. high yield dividend stocks
3. anything commodity based

that leaves me with a balanced act of fixed income and reits.

i looked at the past year how my ventures in local, sg and us markets went.

it is clear regular stocks and etf's anywhere lost capital. only reits, fd and fx gains provided cushion.

that was 2015. i see no difference for 2016.

ok if they can manage debt levels yet keep profits high to maintain high yields.

i just don't think they can for long in current and coming conditions.

just my general thoughts, not referring to anything particular.

Yeah,... a repeat of 2008/9,... when I bought my current holdings, which, till today's crisis, has remained in the green resiliently,...

somehow, I carry the feeling that the market has learnt not to mis-price itself too much. Long-term investors will hold the investments tightly to their chest, and many will average down too if the price falls (if they have bullets-lar,...), hence, supporting the price.

TRue long term investors have learnt from the 2008/9 experience.

hey, share their names here la...!

no point discussing and share nothing.

panamy as in panasonic msia?

if bought long time ago with >10% dividend then, that's good.

but if bought 2 yrs ago, rm lost 25%...?

6% yield now... what if rm declines further...?

Well, if it is, as you said, the mkt never learns, I can see one effect here right n front of my eyes that deviates from what you said, my friend,.. Oil price has dropped so much since the beginnning of the year, commodity prices have dropped so much, Feds has begun to hike,.... but, hey,... the mkt hasn't dropped back to what I saw back in 2008/9,... why is that ?

I just find it very, very hard to catch the right price this time round,... unlike back in 2008/9,... why is that ?

Good morning, AV,..I opine that the SGD has a silent peg to the USD. It wouldnot want to follow the USD too hard with the rate hikes on the cards, but I think if the RMB should fall too low, the SGD certainly wouldn't want to cap itself too much, just to 'please' the RMB. After all, Simgapore does not really depend too much on exports anymore,hence wouldn't need to get into a price war with China.

Against the RM,.. I think the Sgp Gov't has an even lower wish to affiliate itself with. Look at the way the SGD appreciated against the RM this year when the USD hammered the RM,..

Judging from the news these few days and after the US has put in the certainty of a rate hike, I really don't know if the RMB and the RM will drop to previous lows in the near to medium term. Commodity rout/oversupply is still there, but the commodity currencies may have 'decoupled' from the prices of commodities.

Some O&G-focussed counters have started to decouple too.

A good eg to look at is the behaviour of Keppel Corp in the last few days. Oip price dropped the last few days but Kep Corp's price stayed.

against usd... if rmb goes to 6.7, sgd will likely go to >1.45.

I'm starting to study Sembcorp MARINE, at current very low price, the yield is around 7%....It's a multi-year low price. But I'm still not able to tell if this counter is still coupled to oil price.

Sembcorp Industrials is not in my radar yet.

hansel, if u missed any of these...

crude <36.
china continued poor data reports.
north korea hydrogen bomb test.

result:

usd/rmb 6.555
usd/sgd 1.434
usd/rm 4.391

2008 / 2009 has come again,.......I can officially declare,.... similar sequence of events, conceptually, compared to back then,.........       

No more dillying-dallying the drop anymore....

Bought 100unit KEP CORP 5.31... test test... Suppose to wait till 4.80. but hand itchy.

It's okay,... buy in small batches, as in your minimum quantity now. Can average down later. With minimum holdings, it will entitle you to go for AGMs and EGMs. You will also be entitled to participate in Rights Issues, etc,... Go for whatever functions available,... it will give you a 'feel' of the company.

Yes, of course,... but shipyards are not their only business sectors,... Loh Chin Hua could be misleading you. 

KepCorp has time and again emphasized that their business activities are diversified enough to withstand the oil downturn. They have even said that their shipyards would still have a lot of work in 2016 and 2017,... they called it 'the next two years' in the last two quarterly reports.

I can't remember how bad their shipyards have done, I only remembered that their rig-business have brought in bad results. Shipyard business and rig-business are two different lines of business.