PCSF seems to b out of steam a bit...hopefully there will b some push towards year end.

Today will be green as well, thats good

HSI dropped 285.87 (-1.02%) to close 27,842.93 today.

Shanghai Composite 5,308.89 Up 75.54 (1.44%)
Taiwan Weighted 8,313.72 Up 157.33 (1.93%)

Guess those 2 can counter the slight drop in HSI...most probably PCSF & PCIF wont move up much 2mr

Well yesterday NAV also didn't change much: +0.0002

At least it is not dropping is good ady...considering current choppy & cautious market

Hello all! Newbie here... Read thru all 41pages of all the sifu's discussion and learned alot! Thx!

A quick question, do yous still think that PCSF / PCIF is going to shoot up more? Some analysing would be helpful

There might be a rally when it's toward CNY 2008 and then some minor correction may happen after that. Just my personal view ...

haha...I juz have the opposite view on that.

I think 1st quarter of 2008, we will continue to see some correction in the market as bad news on US subprime mortgage issue will continue to roll out from the big companies financial report (especially those Big Financial companies that was badly hit, like HSBC, Citigroup, etc.). Then maybe after that (maybe after CNY) we might be seeing some bull running, hopefully it will continues until Olympic in August.
Thats my personal view of it, if there are others view on this, feel free to share



1st of all, welcome

Well, I do believe both these funds will shoot up again, maybe now it wont go too far, we might be seeing that more after 1st quarter...especially with the Olympic coming. The question remain to be answered is how far it can go next year?

Then again, the risk is still there. If you are looking for short term gain then it will be more risky...advisable for you to look into long term growth instead of short term gain.

This post has been edited by kingkong81: Dec 27 2007, 11:27 PM

Dear Unitholder,

We are pleased to attach the market wrap and bond market review for the week/fortnight ended 21 December 2007 for your information.

Regards

Customer Service

Long term gain in this fund or others? I'm looking at long term maybe as u said up till Olympics.

Up till Olympics is consider short-term ady...when we said long-term, we are looking for 3yrs, 5yrs and beyond.

But, what you can do is to do profit-taking...coz i do expect some slowdown after olympic...in any case once the fund profit reach your target, then you should consider doing profit-taking especially if your investment is big

So, I guess will put it in and try off I suppose, since my investment is about 5% of most sifus here... I'm sure we'll get some further news on how to react upon Olympic yeh?
Learning by the day by the posts

My funds are recovering, and I received my statement for the distribution on PFEDF
It looked good, as I got quite a hefty amount of extra units in my portfolio, and as the NAV of PFEDF is recovering to the cost I went in, basically the distributed amount is my profit

Glad to hear that. I got 2 funds are below break even boundary. Two more are doing moderately.

Your PFEPRF still hasn't break even?
Another one should be PCSF that you just bought I assume?
I think you better do something more constructive with your PFEPRF, because that will pull down your whole portfolio.

Nope ... my PFEPRF average unit cost is 0.2647 while Thursday NAV is at 0.2464.

As for PCSF, I switched into with average unit cost is 0.2629.

What you suggest to do with my PFEPRF?

Any comment on the latest fund, PBAREIF ?

It's quite similar to PFEPRF.

There's a dedicated thread for PBAREIF. - http://forum.lowyat.net/topic/592922

This post has been edited by David83: Dec 30 2007, 10:44 PM