Current upward move is chance to get out..
#1
From Singapore to India to Europe, countries are inching towards recession

it looks widespread and secular.

The US expansion is one of the longest if not the longest in post war history. With Trump pushing the steriods of tax cuts to prolong.

The market is mesmerised by the short term trade scuffle between China and US may fail to see the larger broader downturn.

I for one would be highly selective abd cautious
I, being poor, have only my dreams;
I will do my utmost to keep them alive.
Against tyrants and adversity, I will strive.
Together, a better future, we will realise......
Quote
#2
14-8-2019 7:49 AM
Jac Lau Jac said:
When I was around your age now.

I also made a mistake like you.

Invested about $120K in a loser (Freight Links).

Bought 400,000 shares at around 30 cts.

I cut all at around 18 cts during the AFC.

And switched to blue chips bank shares, DBS and OCBC.

And I was able to recover my losses during the upturn.

Freight Links share price sank deeper, did not recover.

Drop below 5 cts.

That is because analysis fail.

Every stock has a probability of going to zero.

I have no doubt investing is a risk taking exercise and i can have losses.

However, i maintain my view on Sembmarine.
Its the same view i have since i bought

Freight Links was.a watered stock with padded earnings like Nam Chreong, Ezion and Ezra....Noble...everyone of these have collapsed as I forecast.

Investors have to understand why many companies collapse and how some can survive through
I, being poor, have only my dreams;
I will do my utmost to keep them alive.
Against tyrants and adversity, I will strive.
Together, a better future, we will realise......
Quote
#3
14-8-2019 7:37 AM
Jac Lau Jac said:
Yes, today could be a good chance for you to sell your Sembcorp Marine shares.

You bought it before the CEO announced projected full-year net loss of S$74 million.

Stop trying to justify your mistake in buying Sembcorp Marine shares.

If you wish to invest for cyclical upturns.

Pick a company that has a strong balance sheet.

Not one with $3,46B net debt and a projected $74M loss.

Buy hk land.
[Image: mC2QfT9.png]
Quote
#4
14-8-2019 7:49 AM
Jac Lau Jac said:
When I was around your age now.

I also made a mistake like you.

Invested about $120K in a loser (Freight Links).

Bought 400,000 shares at around 30 cts.

I cut all at around 18 cts during the AFC.

And switched to blue chips bank shares, DBS and OCBC.

And I was able to recover my losses during the upturn.

Freight Links share price sank deeper, did not recover.

Drop below 5 cts.

Buy only strong company for retirement income thumbs up

You cannot afford a submarine for your retirement income.

Buy Jardine math.
[Image: mC2QfT9.png]
Quote
#5
Buy reits
Quote
#6
[Image: XWth0g5.png]
I, being poor, have only my dreams;
I will do my utmost to keep them alive.
Against tyrants and adversity, I will strive.
Together, a better future, we will realise......
Quote
#7
Just buy DBS will do,, collect nice div and safe.
Quote
#8
15-8-2019 1:30 AM
Tan Yew Kimm said:
Just buy DBS will do,, collect nice div and safe.
DBS is not that safe. Look at how they made more profits than other banks is by expanding lending to riskier borrowers.....
I, being poor, have only my dreams;
I will do my utmost to keep them alive.
Against tyrants and adversity, I will strive.
Together, a better future, we will realise......
Quote
#9
The HSI will plunge...then bounce up

When you see that it is another chance to get out.

Do not bargain hunt.
I, being poor, have only my dreams;
I will do my utmost to keep them alive.
Against tyrants and adversity, I will strive.
Together, a better future, we will realise......
Quote
#10
Laughing
Quote
Users browsing: 1 Guest(s)


Forum Jump: