M1 *Official* (SGX: B2F)

[Average]

Chill and pray guys, its too late to regret buying.

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[NewInvestor]

Yeah....just chill. I mean the chances of being able to buy at the very bottom is very unlikely. So there is always a possibility of the price falling further after you buy. The way I look at it is that given the dividends that M1 has been able to pay, it is quite unlikely to fall below $2.30 unless there is a market crash. So I am happy to keep buying as the price goes lower from here on. I dont think it will fall much further....

Please DYOR.

Vested in 5000 M1 shares at average price of $2.69.

 

[Layers]

Yeah....just chill. I mean the chances of being able to buy at the very bottom is very unlikely. So there is always a possibility of the price falling further after you buy. The way I look at it is that given the dividends that M1 has been able to pay, it is quite unlikely to fall below $2.30 unless there is a market crash. So I am happy to keep buying as the price goes lower from here on. I dont think it will fall much further....

Please DYOR.

Vested in 5000 M1 shares at average price of $2.69.

waiting for bonus ammo. wait and see at side line. probably hoot if fall below $2.50

 

[NewInvestor]

waiting for bonus ammo. wait and see at side line. probably hoot if fall below $2.50

If can buy at $2.50, dividend could be 7.6%. Why would I sell if I can collect 7.6% dividend every year?

 

[jermss]

I have a very weird thought.. not sure if its correct... lets just say..

you enter M1 at 2.50.
1 year later it drops to $2
that is less 20%
your intention is to keep this stock and if holds at 7% dividend, 3 years you already get back 21% technically..

does it make sense? of course it might go under more or it might go up.. but honestly i really dont see how M1 is in any danger.

but if want to play safe.. Singtel is a better buy.

 

[linxiaobei]

That is assuming that they will not lower their dividend.

There's no rule that M1 will continue giving certain amount of dividends.

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[NewInvestor]

I have a very weird thought.. not sure if its correct... lets just say..

you enter M1 at 2.50.
1 year later it drops to $2
that is less 20%
your intention is to keep this stock and if holds at 7% dividend, 3 years you already get back 21% technically..

does it make sense? of course it might go under more or it might go up.. but honestly i really dont see how M1 is in any danger.

but if want to play safe.. Singtel is a better buy.

Yes it makes sense to me because I never need to sell. I can hold for 20 years no problem at all. I can live off 7.6% return.

I also have 2,000 SingTel. I think my cost is about $3.70. I am waiting for it to fall below $3.60 to add more. About 4.2% dividend. Yeah I am happy to hold that forever too.

No need to choose. Just buy both. And ohh...I have Starhub too...

 

[Layers]

If can buy at $2.50, dividend could be 7.6%. Why would I sell if I can collect 7.6% dividend every year?

ask the ppl why they are still selling below 2.70 with ytd drop.

just a preferred price a i am comfortable with. Not say wont buy above 2.50.

Entering price is more impt to me than dividends

 

[fortunecat]

If can buy at $2.50, dividend could be 7.6%. Why would I sell if I can collect 7.6% dividend every year?

Even if all holders dun sell, shortlists still can do it for you. Who invented shorting one

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[Average]

If M1 can hold div at steady, no need to be as high as last yr, sure can recover. Hooray then! I expect 0.165 to 0.18, which means if div fall below that i wont be comfortable liao. 0.175 i hope.

Gonna let it rot for a year cos no ammo coming in soon. Gd luck to me.

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[Perisher]

It is good that you have been cautious in expecting lower div, since last year's div was more than last year's earnings.

I never understood why many pple assume this year's div will be similar to last year.

I bought knowing that even if cut, the divvy would still be pretty good unless it's a deep deep cut.

 

[NewInvestor]

I bought knowing that even if cut, the divvy would still be pretty good unless it's a deep deep cut.

I look for 4% or more divvy. No need to be 7% but would be nice if it is.

 

[linxiaobei]

If M1 can hold div at steady, no need to be as high as last yr, sure can recover. Hooray then! I expect 0.165 to 0.18, which means if div fall below that i wont be comfortable liao. 0.175 i hope.

Gonna let it rot for a year cos no ammo coming in soon. Gd luck to me.

Sent from your gal nex door using GAGT

Yep I agree.

For myself, as long as it gives me well above 0.15, I'll be happy holding it long term unless there's significant news about it

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[starfish.starfish]

I look for 4% or more divvy. No need to be 7% but would be nice if it is.

If it's only 4% don't think worth it. Might as well put into cpf-SA ?

 

[NewInvestor]

If it's only 4% don't think worth it. Might as well put into cpf-SA ?

I already full at CPF SA.......

 

[Raynon]

I already full at CPF SA.......

Full as in? Is there a cap to the amount that you can place in SA in order to get the 4%?

 

[NewInvestor]

Full as in? Is there a cap to the amount that you can place in SA in order to get the 4%?

I very old uncle liao. Will be 55 in not too long. Already have well over the minimum sum in CPF SA. No point putting more there. Once reach 55, no more CPF SA. I think it is converted to RA? Or something like that. Rules keep changing.

Buying stocks is very different from CPF. Yeah, I spread them out in CPF, bonds, properties, stocks, private investments. All got different considerations. Passive income from investments are very important to me so that I can last in the long term. The longer you are in it, the easier it is to make money. I don't have a 3 year horizon like some people; mine is much longer.

When I was much younger, I looked at stock market differently. Always chasing capital appreciation. Buy today, want to sell tomorrow. I don't look at it that way anymore.

Stock market lao sai is marvellous for me. Oil crash is great for me. M1 facing 4th telco pressure is excellent. All are opportunities for me to shift money from other assets to stocks.

 

[satayxp]

If it's only 4% don't think worth it. Might as well put into cpf-SA ?

lol

 

[satayxp]

why m1 so zai give 7% yield siah

why others lower ah

do u think the dividend payout is sustainable? or is the 7% a cyclical one off ~

 

[fortunecat]

I dont think the shortists play a large role - it is very risky to short into the lows, especially when the price has fell a lot and there are no announced bad news. They also have to pay 6% interest to borrow the shares.

If it's not shortists' works then M1 is really si liao

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