Starhub *Official* (SGX: CC3)

[xrosickyx]

Hi, i recently got myself starhub at $2.68 ( definetly a impulse buy) and seeing the price dropped so drastically. Is the price i bought too high? should i sell to prevent further loss? First time investor here.

 

[outlander]

That's one of the highest price for Starhub. If you have holding power, can consider holding for the dividends cos Starhub gives quite good dividends.

 

[xrosickyx]

hmms, i guess i'll hold just for dividends to recoup my losses.

 

[abutan]

any idea why the price of starhub keeps dropping?

 

[addict951]

bbs moving out of green pipe to go into the yellow sun cos yellow sun offers the best opennet plan earnings visibility.

 

[Litmuss]

bbs moving out of green pipe to go into the yellow sun cos yellow sun offers the best opennet plan earnings visibility.

That's the main reason? Opennet or home broadband makes up starhub how much percentage of revenue?

 

[addict951]

That's the main reason? Opennet or home broadband makes up starhub how much percentage of revenue?

opennet = future (yellow sun)
current broadband = dying (green pipe)

 

[xrosickyx]

starhub gotta buck up on their broadband and mobile service, too dependant on their tv service imo

 

[earthyblue]

Hi, i recently got myself starhub at $2.68 ( definetly a impulse buy) and seeing the price dropped so drastically. Is the price i bought too high? should i sell to prevent further loss? First time investor here.

One of my rule in investment is if the price I buy is down by 20% from what I bought, it means I make a mistake on the buying price and should not hold on.

2nd rule is if I insist on holding on to it, it is making another mistake on top of the mistake I make.

You haven't seen the stock you held on being wiped out 90% because of the notion of holding on to paper. I have experienced it myself. Even when the STI has recover, some of the stocks just don't move up.

If you have 100K to invest in shares, and you buy a counter which drops 20%. You will only lose 20K and still have 80K left to buy at lower prices if it drops further. But if you insists to holding onto it, and it drops a further 80%, you will only have 20K left and no more money to buy the very low buys in the market during a crash.

Individual preferences, some will hold all the way, some only to a certain percentage

 

[Chua Zhiming]

Hi, i recently got myself starhub at $2.68 ( definetly a impulse buy) and seeing the price dropped so drastically. Is the price i bought too high? should i sell to prevent further loss? First time investor here.

At $2.68 , its still a 7.46% yield , quite attractive for long-term holding provided that neil monte does not make changes to the div amount. Whether to sell depends on whether you have faith in starhub then.

But a $0.12 drop is indeed scary...reminds me of singtel's $0.1 drop 2 weeks back, since then it has been lagging and will drop near to $3 after CD next week...good chance to collect at $2.95+ though

 

[kebinu]

Gain in dividend but capital loss. Worth it?

IMO, can look at how the stock moves on Monday as confirmation.

 

[xrosickyx]

Gain in dividend but capital loss. Worth it?

IMO, can look at how the stock moves on Monday as confirmation.

yea i think gotta see how it moves on monday, hopefully is not going down again

 

[Vitaall]

Hi, i recently got myself starhub at $2.68 ( definetly a impulse buy) and seeing the price dropped so drastically. Is the price i bought too high? should i sell to prevent further loss? First time investor here.

Generally, if it dropped by 8%, you should drop it like a virus. take back whatever you have and buy another one. Starhub looks like a good deal but I think you bought it at the wrong time.

 

[Litmuss]

Generally, if it dropped by 8%, you should drop it like a virus. take back whatever you have and buy another one. Starhub looks like a good deal but I think you bought it at the wrong time.

Hmm... why the magic number 8%?

 

[focus1974]

Hmm... why the magic number 8%?

I think 8% is more for traders. If you want to prevent whiplash, it is safer for investors to use 20-25% as the stop level. But part art, part science. There's no hard and fast rule on when to cut. Maybe no need to cut if you still feel the counter is good.

 

[yellow_pen]

I think 8% is more for traders. If you want to prevent whiplash, it is safer for investors to use 20-25% as the stop level. But part art, part science. There's no hard and fast rule on when to cut. Maybe no need to cut if you still feel the counter is good.

some traders use a percentage value for determining cut loss, some use other methods...in the trading world, there are too many ways to cut loss. A trader just has to choose a method that suits him better.

 

[earthyblue]

I think 8% is more for traders. If you want to prevent whiplash, it is safer for investors to use 20-25% as the stop level. But part art, part science. There's no hard and fast rule on when to cut. Maybe no need to cut if you still feel the counter is good.

Yea, there is no hard and fast rules. During the 07,08 crisis some of my portfolio I refuse to sell after suffering 20% down. Now some of these I am holding is still 80-90% down in the red. If I had cut at 20%, I wouldn't suffer that much loss. It's a good lesson. (D*** the China stocks) Even now when the economy has recovered, the blue chips have moved up, the bigger counters have gone up, but the ones I held are still in the red.

The most important lesson is live to fight another day, no money no ammo. Cutting loss is not something which many are prepared to do.

However for his case, Starhub should not be be touching the 20% loss mark. Unless its really over-rated.

 

[xrosickyx]

after reading up a few posts and other websites, i will sell my lot once it reaches 20% loss and fight another day. take it as a lesson learned, lucky that i didn't start it big.

 

[Dividends Warrior]

after reading up a few posts and other websites, i will sell my lot once it reaches 20% loss and fight another day. take it as a lesson learned, lucky that i didn't start it big.

Dun worry. You bought at $2.68, so a 20% loss will be about $2.14

I really dun think the price will reach $2.14, maybe it will reach $2.40

 

[Chua Zhiming]

Dun worry. You bought at $2.68, so a 20% loss will be about $2.14

I really dun think the price will reach $2.14, maybe it will reach $2.40

Similar sentiments, i think 2.35 is the max lowest it will ever go. Unless the div amt is decreased from 0.2 to like 0.16 etc.