*Official* MasterLeong Thread - Part 2

[MasterLeong]

http://www.sharesinv.com/BUOU/

FLT looks expensive

if IPO price of near 90 cents then consider to buy ba


now 1.08 book, no point paying 8% premium to book and taking on more risk
aussie currency risk, overseas asset risk, no track record risk

honestly I am bearish on FLT, it may fall towards 90 cents by mid 2017

cheers

 

[MasterLeong]

Oil & gas sector recovering?

Thought of punking Nobel.

Just read somewhere (cant rem which broking hse) TP 25ct!

noble is loss making and has no fundamentals

purely speculative

if u wanna go in, remember to have a solid TP and SL

 

[MasterLeong]

Good Good. Banks dip, I pick
Win Win situation.
Ezra.. pls toh...

last year so many of us boarded banks u never follow us LOL

we boarded at like 0.8 to 0.9 times book


if banks comes back to 1 times book be brave and jump on it hahaha

 

[MasterLeong]

is FLT risky? nobody knows... isn't this newly listed?

IPO price was 89 cents, priced at premium to book

now even higher... dunno why so many ppl blindly follow to board?

 

[thenakedshades]

u jobless how long?

what u worked as?

maybe i can intro u

ML bro, got any good lobang can intro? I graduating this may, jobless.....

 

[Growmymoney]

Wah noble grp? this stock i will siam as far as possible.

Oil & gas sector recovering?

Thought of punking Nobel.

Just read somewhere (cant rem which broking hse) TP 25ct!

 

[thenakedshades]

1.94 1.52 ok to board if u want long term dividends

Yes boss, put in offer of 1.94/1.50(hope drops today) and also CDG 2.4.

 

[MasterLeong]

FLT vs AREIT

http://www.sharesinv.com/A17U/

FLT now 8% premium to book
Areit now 11% premium to book

if u want to over pay I rather u all take Areit... over 10 year track record, blue chip status, diversified type of industrial assets

FLT is sooo much more risky compared to Areit, FLT is purely focused in aussie market.. u cannot see u cannot touch, it is new IPO and does NOT have any track record, aussie dollar also very weak... if AUD goes down further your NAV per share will drop too

 

[Shion]

u jobless how long?

what u worked as?

maybe i can intro u

I still having a job actually.

Accounts Executive. Still studying also. 2.5 years exp.

 

[MasterLeong]

Yes boss, put in offer of 1.94/1.50(hope drops today) and also CDG 2.4.

good luck to u bro, will welcome you on board with a big arms hahahaha

 

[MasterLeong]

I still having a job actually.

Accounts Executive. Still studying also. 2.5 years exp.

ohhh got job happy loh

now economy so bad, got job better than jobless lol

 

[Shion]

ohhh got job happy loh

now economy so bad, got job better than jobless lol

Yeah but felt that it is time to move on due to some reasons.

After all, things are stagnant now...

 

[Asphodeli]

For FLT

Pros:
- Good asset locations
- Australian logistics sector has room to grow because imports such as electronics are expensive there, compared to the US, and even SEA!
- Reputable Sponsor

Cons:
- Exposure to AUD and Aussie economy, you cannot "feel" the beat of the economy as much as a resident there
- No track record

 

[MasterLeong]

ML bro, got any good lobang can intro? I graduating this may, jobless.....

focus on your studies, pray that 2H17 the economy pick up and have more jobs available

 

[MasterLeong]

Yeah but felt that it is time to move on due to some reasons.

After all, things are stagnant now...

slowly find new boat lor

got new boat then jump ship, if not stay where you are

 

[onlybuyneversell]

FLT vs AREIT

http://www.sharesinv.com/A17U/

FLT now 8% premium to book
Areit now 11% premium to book

if u want to over pay I rather u all take Areit... over 10 year track record, blue chip status, diversified type of industrial assets

FLT is sooo much more risky compared to Areit, FLT is purely focused in aussie market.. u cannot see u cannot touch, it is new IPO and does NOT have any track record, aussie dollar also very weak... if AUD goes down further your NAV per share will drop too

This time die liao. 2/3 of my reits are the above 2.

 

[Shion]

slowly find new boat lor

got new boat then jump ship, if not stay where you are

No new boat now, only a sinking sampan I am in

 

[linjc28]

last year so many of us boarded banks u never follow us LOL

we boarded at like 0.8 to 0.9 times book


if banks comes back to 1 times book be brave and jump on it hahaha

ML,
The 0.8 to 0.9 times is refering to PE?
If so, where to see this figure?

 

[MasterLeong]

ML,
The 0.8 to 0.9 times is refering to PE?
If so, where to see this figure?

Nope i was refering to book value
I posted links sooo many times, shareinv u can see all the figures

 

[Dividends Warrior]

Wow! DW is back. Thanks for the detailed analysis.

What other reits is in your portfolio now? Thanks

Right now, some CMT, FCT and Ascendas. I am not really 'back' yet. Will be completely back by the end of 2018.