*Official* General Market Chit Chat Thread

[Average]

Huat ah, still got chance for yr end rally.

Sent from your next door using GAGT

 

[linxiaobei]

.
Wah below scrip price liao?

Sent from Sun using GAGT

 

[xSieghartx]

What do you guys think about the long term prospects of SCI and SCM? Will they be able to survive the crisis? If so, wouldn't it be ideal to pick both up now?

 

[bencheongcm]

2015 I no eyes see liao

can only pray for a better 2016 lol

anyway you flying off can so call take a "break" from the market if you don't have any risky position.

 

[bencheongcm]

Ultimately, oil needs to go up to fuel the rally. No oil no rally..

the funny thing about this is this go up 3 hours later petrol price in SG up, but if down more never adjust price to go down

hedge on oil in the market better.

 

[OngHuatHuat]

Got some saying Saudi cannot take it Liao, they will cut production next month. Dunno how true is it.

It is a bet over whether they will cut production or not next month during opec meeting.
Saidi revenue is greatly affected this year.

What do you guys think about the long term prospects of SCI and SCM? Will they be able to survive the crisis? If so, wouldn't it be ideal to pick both up now?

 

[OngHuatHuat]

Moi Fuyu xd this Thursday, dunno if price will tank after that.

 

[SpinFire]

What do you guys think about the long term prospects of SCI and SCM? Will they be able to survive the crisis? If so, wouldn't it be ideal to pick both up now?

SembCorp is a govt-linked company. As long as the govt continues to support them financially, they'll survive. Just look at NOL. However, it's survival doesn't mean that its share price will do well. It's share price will mirror its financial performance and continue to slide.

 

[Shion]

Got some saying Saudi cannot take it Liao, they will cut production next month. Dunno how true is it.

It is a bet over whether they will cut production or not next month during opec meeting.
Saidi revenue is greatly affected this year.

Venezuela cannot take it already

 

[Genosis]

Good morning everyone! It's a brand new day.

Wa...new thread for chit chat! Awesome!

 

[Genosis]

Moi Fuyu xd this Thursday, dunno if price will tank after that.

If the price tank a lot, I might enter.

 

[Genosis]

What do you guys think about the long term prospects of SCI and SCM? Will they be able to survive the crisis? If so, wouldn't it be ideal to pick both up now?

SCI has a huge stake in SCM. So u dun really need to have both.
For me, I will probably enter SCI around $3 if oil remains stable above $40.

SCI has the utilities business to buffer the losses in O&G sector.

(Not vested in both)

 

[OngHuatHuat]

I hope they keep the dividend payout consistent depending on the profit. More predictable recurring income = better share price performance

If the price tank a lot, I might enter.

 

[Genosis]

the funny thing about this is this go up 3 hours later petrol price in SG up, but if down more never adjust price to go down

There is a saying, prices in Singapore can only go up.
Inflation FTW!

 

[Genosis]

I hope they keep the dividend payout consistent depending on the profit. More predictable recurring income = better share price performance

I shall do more due diligence and analysis before deciding. I dun like adding new companies to my portfolio without doing homework.

 

[Genosis]

I will close the year with a higher dividend yield compared to last year due to some stocks shuffling. So not too bad a year for me

Nice! The overall dividend yield of my portfolio is around 6.5%.

 

[OngHuatHuat]

Sci has been on downtrend for very long already. Current price at 3.3 seems stagnant, not sure if it is a strong support.

Actually current price a lot of stocks look dirt cheap, if i have money, will buy more.
Negative market sentiments give opportunities to own good stocks at low price

SCI has a huge stake in SCM. So u dun really need to have both.
For me, I will probably enter SCI around $3 if oil remains stable above $40.

SCI has the utilities business to buffer the losses in O&G sector.

(Not vested in both)

 

[xSieghartx]

Got some saying Saudi cannot take it Liao, they will cut production next month. Dunno how true is it.

It is a bet over whether they will cut production or not next month during opec meeting.
Saidi revenue is greatly affected this year.

The smaller OPEC members are complaining, but I doubt Saudi Arabia would do anything.

 

[ValueInvestor]

SCI has a huge stake in SCM. So u dun really need to have both.
For me, I will probably enter SCI around $3 if oil remains stable above $40.

SCI has the utilities business to buffer the losses in O&G sector.

(Not vested in both)

yeah go for SCI better

half utilities for stability and half marine for cyclical/risk-returns

also SCI is at 1 times book
while SMM is above book

 

[ValueInvestor]

Nice! The overall dividend yield of my portfolio is around 6.5%.

wow yours very high

what are your top holdings?

u a lot of telco/reits is it