Dead SGx stocks

[kelhot2001]

I am holding a Sgx dead stock, lost 90 percent value, was stupid enuough to just listen to pple,shuold I just let go, value lost is 6 digit

 

[havetheveryfun]

Noble group ?

 

[Shiny Things]

I am holding a Sgx dead stock, lost 90 percent value, was stupid enuough to just listen to pple,shuold I just let go, value lost is 6 digit

Yes. Take the loss, accept it, and move on.

It happens to everyone. I got clobbered multiple times in my career, on work investments and dumb trades in my personal account. The thing I learned is that holding on to a losing investment is counterproductive; your money is stuck in an investment that you hate, and (especially in stocks), the investment generally won't come back! If a stock drops 90%, it's usually for a good reason.

 

[kelhot2001]

The thing is, this is the first time I buy stocks lol, they told me sure win, gullibly listen

 

[touchring1]

I am holding a Sgx dead stock, lost 90 percent value, was stupid enuough to just listen to pple,shuold I just let go, value lost is 6 digit

How old are you? Have kids?

I also lost in SGX stock many years ago, but only high 4-digits, after that I don't buy SGX stocks any more. The stock value dropped 99%, but surprising company didn't go bankrupt, just rename and restructure. Stock still in my CDP account! Can tell you a lot of companies in SGX are basically scam.

 

[kelhot2001]

How old are you? Have kids?

I also lost in SGX stock many years ago, but only high 4-digits, after that I don't buy SGX stocks any more. The stock value dropped 99%, but surprising company didn't go bankrupt, just rename and restructure. Stock still in my CDP account! Can tell you a lot of companies in SGX are basically scam.

Old enuff liao lol, with kids la, never ever buy stock in my life, buy only 1 till today 3 years liao, see also sianz

 

[Maeda_Toshiie]

The thing is, this is the first time I buy stocks lol, they told me sure win, gullibly listen

Sorry, but that's the wrong way to invest. Done correctly, retail investors can invest in the market on their own to grow their wealth. Learning what mistakes to avoid is the first step.

 

[kelhot2001]

Sorry, but that's the wrong way to invest. Done correctly, retail investors can invest in the market on their own to grow their wealth. Learning what mistakes to avoid is the first step.

Learn a few things from the expensive lesson of what it meant

1 what is share consolidation
2 right issues

Mean throw more money

 

[touchring1]

Learn a few things from the expensive lesson of what it meant

1 what is share consolidation
2 right issues

Mean throw more money

Things are never what you think here, more than you can imagine.

Give you a few example.

1. Punggol, venice of the east....
2. 99 years HDB owner...
3. 4% yield...retirement plan...
......

Don't be surprised, end up all is a dream.

 

[OngHuatHuat]

I used to own Noble group, cut loss in early 2017, only got back 5 % of my initial investment value, lost around 75 k sgd in it.
I was 31 years old back then, expensive lesson for me.

 

[Mecisteus]

Things are never what you think here, more than you can imagine.

Give you a few example.

1. Punggol, venice of the east....
2. 99 years HDB owner...
3. 4% yield...retirement plan...
......

Don't be surprised, end up all is a dream.

From your past posts, you really sound like a top loser.

Did you renounce your citizenship or what?

 

[Mecisteus]

I started working in 2004. Dabbled by first SGX stocks in 2007 at the peak.

My portfolio went down by 60% at the bottom of 2009.

I didn't give up. Consolidated my portfolio and continued to add diligently.

By 2014 to 2016, I exited my SGX stocks with a peanut 70k profits plus dividends.

I still have 2 China s-shares which are still in limbo in my CDP account.

Now I'm only into STI ETF and a bigger bulk of my portfolio is in US market.

US market is a much bigger and well regulated market with tons of opportunities. From small to the mega market caps. Lots of sector ETFs to play around.

 

[bright_84]

I started working in 2004. Dabbled by first SGX stocks in 2007 at the peak.

My portfolio went down by 60% at the bottom of 2009.

I didn't give up. Consolidated my portfolio and continued to add diligently.

By 2014 to 2016, I exited my SGX stocks with a peanut 70k profits plus dividends.

I still have 2 China s-shares which are still in limbo in my CDP account.

Now I'm only into STI ETF and a bigger bulk of my portfolio is in US market.

US market is a much bigger and well regulated market with tons of opportunities. From small to the mega market caps. Lots of sector ETFs to play around.

I have to agree. Singapore's market is unregulated.

 

[kelhot2001]

I started working in 2004. Dabbled by first SGX stocks in 2007 at the peak.

My portfolio went down by 60% at the bottom of 2009.

I didn't give up. Consolidated my portfolio and continued to add diligently.

By 2014 to 2016, I exited my SGX stocks with a peanut 70k profits plus dividends.

I still have 2 China s-shares which are still in limbo in my CDP account.

Now I'm only into STI ETF and a bigger bulk of my portfolio is in US market.

US market is a much bigger and well regulated market with tons of opportunities. From small to the mega market caps. Lots of sector ETFs to play around.

I am so call compulsive gambler, that why I never play stock back in the 90 where all my ex-colleague all was dabbling. Never touch it until 3 years ago, someone was "insider" recommendation. Till now, that was the only stock ever bought.

 

[Mecisteus]

I am so call compulsive gambler, that why I never play stock back in the 90 where all my ex-colleague all was dabbling. Never touch it until 3 years ago, someone was "insider" recommendation. Till now, that was the only stock ever bought.

Maybe your friend played you out.

He was asking everyone to buy his shares so that he can exit at higher prices.

 

[kelhot2001]

Maybe your friend played you out.

He was asking everyone to buy his shares so that he can exit at higher prices.

LOL, his losses about close to 1 million, but he rich ma, I poor man

 

[touchring1]

I am so call compulsive gambler, that why I never play stock back in the 90 where all my ex-colleague all was dabbling. Never touch it until 3 years ago, someone was "insider" recommendation. Till now, that was the only stock ever bought.

Be careful with tips from anyone and especially on this forum.

Stock market cannot touch from the risk vs returns point of view, good days maybe over. I see trouble from China, don’t think they can reinflate.

 

[zumaba]

Be careful with tips from anyone and especially on this forum.

Stock market cannot touch from the risk vs returns point of view, good days maybe over. I see trouble from China, don’t think they can reinflate.

You know nuts

 

[luei74]

How many IPO on last year and this year in SG?

Sent from Xiaomi MI MAX 3 using GAGT

 

[finale1]

Learn from the mistake and never repeat it.
When your losses get bigger and bigger, you will lose your rational thinking and hope and pray everyday for it to come back.

Keep cutting loss and u will be fine. Protects u in the long run.

I am holding a Sgx dead stock, lost 90 percent value, was stupid enuough to just listen to pple,shuold I just let go, value lost is 6 digit