*Official* MasterLeong Thread - Part 2

[MasterLeong]

read research report on KC

going forward 2017-2020 looks to continue to be weak as KC tries to survive the harsh winter

EPS should be around 40 cents... making KC trade around 15 times earnings.... not cheap

yield looks to be around 20 cents payout, half of earnings so around 3 to 3.5% dividend yield while waiting for a recovery

at PE 15 and yield 3.5%, I think KC is fairly price... I do not expect anymore big downside to KC anymore since the oil bottom out already


now is thinking about the upside... whether KC can win a big 1-2 bil contract in 2017?2018? and let earnings start to recover upwards? I think the odds are low... maybe 20-30% chance to see big contract win
a big contract win may see KC shoot up 20% easily, but its a long shot

getting 3.5% dividends while waiting for a low chance recovery does not seem like an attractive deal for me, so I will avoid taking a position in KC for sure


I can only say
GOOD LUCK to those vested

 

[Takodoro]

if banks pull back to 1 times book value, do have the courage to pick some up ^_^

meanwhile among blue chip space, can take a look at thai bev and CDG... both down 20% from peak

the PE ratio is high for both, but they are growth stocks... one in consumer beverage another in transport...

Wa seh shifu you bullish on Thaibev???

What is 1 times book value for banks right now?

 

[PoGooo]

maybe someday I will start the

Master Leong The Big Long Fund

The name sounds a bit X rated though

Ok..maybe it's just me who's X rated

 

[Genosis]

so what was your 1st best investment decision?

Joined Ah Ma and Gupta to kio 3 local banks during Jan-Mar 2016 deep market correction......

 

[MasterLeong]

I think he will be quite expensive to hire for being your personal fund manager

my fund management fees are paid in KFC meals installments hahahaha

 

[vernonpark13]

3 years get 3% dividends for KC

hope 3 years later the stock price will be higher, if not is gg

cold storage means the positions is dead/written off already

dont see the stock so that u dun feel the pain

Many older ones including myself hold KC, SCI, SM, SPH. I also suffer some paper loss for the first 3 counters. Just place in cold storage, forget about averaging down n just wait out. The stocks were bought a long, long time ago though not at the peak. I have seen many cycles before. Can sleep well at night despite bad times. If cannot stomach risks, it is best to stay away!

 

[MasterLeong]

Chang beer...i always feel there are a lot of beer brands which makes it a very competitive business. I was looking at Thaibev at 0.7 last year but didn't enter.

wow u also got look at thaibev, nice

at what PE ratio do u think is a fair price for this wonderful company?

 

[MasterLeong]

Wa seh shifu you bullish on Thaibev???

What is 1 times book value for banks right now?

cannot always expect me to spoon feed u ba

http://www.sharesinv.com/prices/index-sti/indicators

the book values and price to book ratios all there for u to check

take calculator ownself press ba, paisei

 

[Genosis]

Golden Post of the day!!!

save this also

http://www.sharesinv.com/prices/index-ftse-st-mid-cap/indicators

mid cap 40

for new investors, i always advise them to start from picking only the sti 30 and mid cap 40

these 70 stocks mostly have a longer track record of at least 5 years annual reports

corporate governance wise also more strict, as they need to meet certain requirements to be in the index

as such usually those unit trusts/mutual funds can only pick from these 70 only... they are not allowed to purchase risky small caps

so u ride same boat with those fund managers, u have better peace of mind... u read research reports on the stock u see familiar big names like black rock, abeerdeen, lion global, john templeton etc


I myself also try to run my portfolio like how a professional fund manager does, I strictly avoid small cap stocks... as they are high risk

 

[SeVenn]

Keppel is not a commodities counter.

I place O&G in the same basket as commodities. Property is similarly cyclical.

 

[jmapsmylife]

Wa......she goes the 'focused fire' path when she know nothing about stocks!?!?!!

Thats why!!! the reason i think she hold cash better than invest.

read research report on KC

going forward 2017-2020 looks to continue to be weak as KC tries to survive the harsh winter

EPS should be around 40 cents... making KC trade around 15 times earnings.... not cheap

yield looks to be around 20 cents payout, half of earnings so around 3 to 3.5% dividend yield while waiting for a recovery

at PE 15 and yield 3.5%, I think KC is fairly price... I do not expect anymore big downside to KC anymore since the oil bottom out already


now is thinking about the upside... whether KC can win a big 1-2 bil contract in 2017?2018? and let earnings start to recover upwards? I think the odds are low... maybe 20-30% chance to see big contract win
a big contract win may see KC shoot up 20% easily, but its a long shot

getting 3.5% dividends while waiting for a low chance recovery does not seem like an attractive deal for me, so I will avoid taking a position in KC for sure


I can only say
GOOD LUCK to those vested

wa gg liao. which mean might be 3 more years of waiting n waiting

 

[Genosis]

I may look into FLINT in the near future. Ascendas's NAV is a bit high.

FLINT has many high-quality, young, freehold logistics assets......and in a huge country like Australia, logistics is critical to the economy....plus low gearing, reputable sponsor

The only unknown is the track record of the manager.....recently listed so lack of DPU history and this REIT is very dependent on Australia's economy

I am vested but cautiously optimistic...

 

[Takodoro]

cannot always expect me to spoon feed u ba

http://www.sharesinv.com/prices/index-sti/indicators

the book values and price to book ratios all there for u to check

take calculator ownself press ba, paisei

DBS = 17.30
OCBC = 8.44
UOB = 20.14

Seems hard? I think DBS 17.80, OCBC 8.90 sounds reasonable?

UOB is

 

[PoGooo]

my fund management fees are paid in KFC meals installments hahahaha

Ok this I think I still can afford

 

[Maeda_Toshiie]

my fund management fees are paid in KFC meals installments hahahaha

Cheap lar.

 

[Maeda_Toshiie]

FLINT has many high-quality, young, freehold logistics assets......and in a huge country like Australia, logistics is critical to the economy....plus low gearing, reputable sponsor

The only unknown is the track record of the manager.....recently listed so lack of DPU history and this REIT is very dependent on Australia's economy

I am vested but cautiously optimistic...

IMO, Australia's economy has better growth potential than SG. They are heavily dependent on mining right now, but their industries have room to grow.

 

[vernonpark13]

save this also

http://www.sharesinv.com/prices/index-ftse-st-mid-cap/indicators

mid cap 40



for new investors, i always advise them to start from picking only the sti 30 and mid cap 40

these 70 stocks mostly have a longer track record of at least 5 years annual reports

corporate governance wise also more strict, as they need to meet certain requirements to be in the index

as such usually those unit trusts/mutual funds can only pick from these 70 only... they are not allowed to purchase risky small caps

so u ride same boat with those fund managers, u have better peace of mind... u read research reports on the stock u see familiar big names like black rock, abeerdeen, lion global, john templeton etc


I myself also try to run my portfolio like how a professional fund manager does, I strictly avoid small cap stocks... as they are high risk

I tuned in to CNBC just now n there was this interview with this English speaking HK fengshui master. He said the fiery rooster may not be that bad afterall. Bennie Lo & Emily Tan asked him what to avoid n his reply was finance n real estate. OH! Btw I don't believe in fengshui.

Happy lunar new year to all!

 

[MasterLeong]

Thats why!!! the reason i think she hold cash better than invest.



wa gg liao. which mean might be 3 more years of waiting n waiting

KC needs a big contract win to salt fish turn body

 

[MasterLeong]

DBS = 17.30
OCBC = 8.44
UOB = 20.14

Seems hard? I think DBS 17.80, OCBC 8.90 sounds reasonable?

UOB is

I think odds of banks falling back to 1 times book is low
Boat already gone
But if boat does come back, will u have the courage to buy big?

 

[onlybuyneversell]

Wa everyone looking at stocks associated with Charoen. FCL, FCT, FLINT and now Thai bev.