just as the interest rates are nearing 0%, now is 2%,
am wondering are you guys thinking of taking out your fixed deposit to buy shares?

emergency money no....xtra money yes.....park it in high DY or REIT...bough Uchitec recently b4 div announcement....now aiming to buy more PBBANK, PANAMY, BSTEAD

keeping sapcres for now till mini-budget announcement....btw...sapcres DY also higher than FD!

All my reload are from my FD. Tomorrow going to bank to uplift them! That's why I said my Feb quota is used up. Mar quota is from tomorrow FD!!!

But problem is there are no major sale now, most shares are down bit by bit everyday, so must be patient a bit...

yeah... even my xtra funds I'm still hesitating to pour into the market, because am concern that the next few quarters financial results may be worse than this time's. If so, the dividends received may not even be enough to cover the capital loss.

Uchitec sounds good though.

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Added on February 26, 2009, 3:36 pmvery rich -lar you...


This post has been edited by sharesa: Feb 26 2009, 03:36 PM

Nobody knows what will happen tomorrow... If we know, I'll buy low sell high. So, my method is buy when I see the stock is worth the value. Again, no right or wrong. Maybe 5yrs later we benchmark our archivement.
S'pore stock up and down more drastic than ours. Just bought 2 counters this week, and the price already drop more than 5%..

Dividend alone surely cannot cover your capital loss if market head south. But if you are not needing those money, while the stock is fundamental sound, and ability to withstand recession impact (surely profit will drop, but at lesser degree compared to market average), then it is high chance long term future, you will be gaining.

Just like you bought a stock or a reit at 1.20, dividend yield 10%. but it sink to 1.00, but your 1.20 is getting 10% yield so treat it as FD lor.
Even dividend drops to 5% (expected all dividend will be lowered which mostly can't run away with it), you are still earning more than FD rate. When one day, market recover and the price goes back up to 1.20. Even at breakeven point, you are already gain more than your FD.

That's major advantage of having dividend stock.

Btw, I don't know Uchitec. What's the company doing then.

This post has been edited by cherroy: Feb 26 2009, 04:21 PM

stock market is art of possiblility. u are not the boss and not in control the company, that is whay trump resign/sell his stock after lost control of trump casino.

This post has been edited by sampoo: Feb 26 2009, 04:24 PM

FD now so low .. will them increase it back if crisis gone?

True, but when investors expects a certain amount of Div from a counter, any reduction or non payment of Div would incur the wrath of the investors.

Just look at Carlsberg, it has already drop by about 10% since declaring the 7.5 cent Div (no special Div).

haha even knm now also can gv div higher than FD ma
anyone noe why uchitech drop so much back few days and now up back?

Yup, as investors, everything is up to lot of factor uncertainty and possibility even luck play an important part. No matter how good one is, we can't deny certain bit of luck factor is always associated with it especially one able to buy at bottom.

Want higher return than FD, then must take the risk. If not stick to the FD. There is nothing right or wrong.

But don't fall in love with any stock or investment. They are tool to make money only, once they can't, then time to let go.

Uchitec just announced 6c tax-exempt dividend. It had one dividend payment of 6c on Dec 2008. Learned this counter thru Kinwawa

It manufactures controller modules for electrical goods.

yeah...uchi is basically a good div. yielding stock...but bear in mind their biz r slowing ....they supply most of the modules to coffee maker machines....then these will b provided to starbucks etc....so get the idea??? so many close shop already...so supply will b less....but...the good thing now is USD is going up..so their revenue will go up also.....
share price dropped last time due to drop in USD and economy slowdown......
share going back up now.....no surprise since giving 6 cents TE div....buy now at get >7% DY alone.....

when times r good...they will give special div....now times r back...they maintain 6cents div each time....no special div...but still so attractive since share price has plummetted ....

just my 2 cents...the thing is.....scare economy get worse to the point that their product demand will really slowdown big time...and hurt their revenue substantially....

good or bad choice of DY counter....maybe v may know end of next yr.....now....all hard to predict....just can b...patient!

Hmm... Seems like Uchitec not really hurt (just some bruise) by the economy downturn... Earning still ok... Will monitor it!

today bought Bstead.

mainly in property + plantation
quater report should be out within these few days. a good DY counter, as well.

kinwawa was the first person mentioned the uchitech before its ex div
many lyns members also went into this counter that time
as for now 0.06/0.82 = 7.31% .. pretty nice figure wat

uchitech? maybe kinwawa can open a thread for it, nice div counter but stock cap drop so much along the way

UCHITEC was also recommended by BNPP in December, as the no. 1 in their top dividend yielders' list. They quote a possible DY of 16.5% for FY09.

Actually wanted to buy some more but decided to wait. Aiseh! Last time, I jumped into any boat that comes along. Now that I'm more patient, I keep on missing some boats!

The risk is even higher if buy share!