*Official* General Market Chit Chat Thread - Part 2

[WeirdChemist]

The hike was anticipated and this effect not big.

 

[Wood41]

You are probably stuck with it except the dividend.

STI ETF is now $2.98. I hardly call that dropping.

I bought STI ETF so many times this year under $2.90. My last 2 regular DCA of STI ETF Oct - $2.85 / Nov - $2.83

 

[Daimon]

Turning green during afternoon session.

 

[SeVenn]

The hike was anticipated and this effect not big.

The hike was anticipated but the increased number of forecasted hikes in 2017 was not

Still, a much more orderly exit compared to last year. Might change in the upcoming days though.

 

[Wood41]

That's enough to fifo , ask converted Dividend Warrior true or not.

When one is in the market long enough, will be indifferent to 100 to 200 movement of the sti. Need to move 500 to get the same high like drugs, higher and higher dosage.

 

[Wood41]

We use nice term like 'long term investment' as some of my holdings.
Temasek bought M1 recently @ $2.50x for 'long term' too.

Those bought at peak 3400-3500 how sia?

 

[Maeda_Toshiie]

Got volatility then can TP. Embrace the volatility.

F1 cancellation is a good thing imho....public funds can be channeled into much more productive things to stimulate the economy.

Government also never disclose how much profit or loss they made from F1. My take is that it is burning a huge hole in the pocket hence they are pulling out.

Remember what happened with the Youth Olympics? Here things can be kept quiet and obscured if so desired...

BTW, it is difficult to quantify the impact in terms of tourist arrivals and spending. Estimates can be made, but that's it.

 

[Daimon]

The hike was anticipated but the increased number of forecasted hikes in 2017 was not

Still, a much more orderly exit compared to last year. Might change in the upcoming days though.

Jan 2016 collapse was due to China problem. Now no more.....

 

[eveee99]

The knee-jerk period getting shorter and shorter.

Cos the market has been preparing for this hike this year for so long until very sian. ..finally hiked, everyone feels relieved..ha

 

[Daimon]

June Sep and Dec....

 

[jjj2323]

Ntuc seems put more focus on online business too.
My condo a lot of people order from red mart due to convenience offered.

Alibaba already acquired Lazada, red mart and own a huge percentage in singpost. Singapore should be the most important market for them to make a breakthrough at the moment. Then the whole south east Asia once they form a stronghold in Singapore.

Alibaba is like mordor of middle earth.
Hee hee hee

Not to mention next year there will be amazon coming. Another e commerce giant!!!

Are we going to see what happned before in USA? Massive closures of small shops?

E commerce effect might not be as strong in Singapore as in the States. Distance between house and shop is much shorter here, so push to online shopping might not be as great. And if the mall is beside a major transport hub, like a mrt station, they will still get plenty of traffic.

Good malls will not close down, at least not in the near future. DPU might be affected, but if they can attract the traffic, the drop might be negligible.
So need to be selective in choosing the correct retail reit, and pricing to enter.

 

[Wood41]

Wa, Hang Seng so red , not even CNY yet.

 

[Red_Cheesepie]

Still long enough to FIFO! One hour also shiok

The knee-jerk period getting shorter and shorter.

 

[Daimon]

Boring.... No action

 

[funkid]

Boring.... No action

than go read unclexxx trolls in other threads for a good laugh.

 

[Asphodeli]

http://splash247.com/chennai-cyclone-wrecks-13-newbuilds/

Some relief for O&G OSV counters?

 

[5star_pundit]

ComdortDelgro fundementals is still very strong it withstand a further decline in the sti index despite the weak sentiments

Recommend: BUY

 

[SeVenn]

ComdortDelgro fundementals is still very strong it withstand a further decline in the sti index

Recommend: BUY

Didn't you just sell all your holdings at a low?

 

[5star_pundit]

Didn't you just sell all your holdings at a low?

Still holding on to some more for more than 15yrs liao

Wait till it reach 2.70

 

[Daimon]

Chao Bloomberg spreading fear.........

Singapore Home Sales Fall in November as Buyers Defer Purchases

Singapore home sales fell 31 percent from October as developers marketed fewer projects toward year-end, a time when buyers typically defer purchases to the new year.

Developers sold 860 units in November, compared with a revised 1,253 units in October, according to data released Thursday by the Urban Redevelopment Authority.

Developers launched 1,363 units last month, compared with 1,467 units in October, the data show. The largest sales came from Queens Park by HY Realty (Dundee) Pte, which sold 271 of the 736 units marketed. Parc Riviera by El Development (West Coast) Pte sold 128 of 200 units launched.

“Buyers would be winding down for the holiday season so purchases will be deferred to the new year when they can cherry pick from more launches by developers,” said Christine Li, director of research at Cushman & Wakefield Inc. in Singapore.

Singapore’s government has been steadfast in its commitment to cool the housing market, maintaining real estate curbs rolled out since 2009. Singapore’s home prices and sales have eased since the government began introducing housing curbs, with some of the strictest measures implemented in 2013.

The city-state’s home prices dropped for a 12th quarter in the three months ended Sept. 30, and residential values are down 11 percent from their peak three years ago. The existing stock of unsold homes may take three years to sell, according to Augustine Tan, President of the Real Estate Developers’ Association of Singapore. In addition to the oversupply, home vacancy rates are at their highest in more than 11 years, Tan said in September.