*Official* MasterLeong Thread - Part 2

[Perisher]

Ya, I see very few 10004 post de... maybe is glitch.

I found example of 10004 post.
http://deluxeforums.hardwarezone.co...show-mao-analysis-part-128-a-5461902-667.html

 

[madtari]

wow! so fast part 2 already!

 

[Perisher]

gxgx first and last post

First post is goh6570.

 

[Average]

I found example of 10004 post.
http://deluxeforums.hardwarezone.co...show-mao-analysis-part-128-a-5461902-667.html

but hwzadmin is last post.

maybe is the algo oni closes thread after hwzadmin posted. then ur 10004 post managed to snipe in between the tiny window between hwzadmin posted and thread closed

Sent from 穷小子 using GAGT

 

[madtari]

if at 9999 post, you get 10 ppl to all post at the same time maybe you can get 10012?

I found example of 10004 post.
http://deluxeforums.hardwarezone.co...show-mao-analysis-part-128-a-5461902-667.html

 

[DamienK]

Huat to part 2!!

Now all waiting for Liu Bei?

 

[MasterLeong]

Banks gone
Now reits gone

Telcos still at port hehehe
My current top picks m1 and starhub

Congrats to those who followed me on the 5 tiger generals, huat ah

2016 asset managers ara glp fcl all also huat huat
Too bad glp and fcl i sold too early but got earn so cannot complain hahaha

I still holding on and riding the bull
Maybe if sti hits 3300 then i will sell out a bit to rebalance

cheers

 

[madtari]

Big Welcome back Master!

Banks gone
Now reits gone

Telcos still at port hehehe
My current top picks m1 and starhub

Congrats to those who followed me on the 5 tiger generals, huat ah

2016 asset managers ara glp fcl all also huat huat
Too bad glp and fcl i sold too early but got earn so cannot complain hahaha

I still holding on and riding the bull
Maybe if sti hits 3300 then i will sell out a bit to rebalance

cheers

 

[lewissac]

Welcome back ML.

 

[leyzzz]

Welcome back ML

 

[MasterLeong]

STI finally crossed 3000 to confirm a recovery phase

now see if STI can hit 3300 by year end or not

at this level I am not buying anymore as I think that stocks are fairly priced already

if really reach 3300 maybe I will sell a bit


recently I sold some ocbc and bought some MCT

MCT up from 15,000 to 20,000

cheers

 

[MasterLeong]

HUAT AH $$$$$$$$$$$$$$$$$$$$

 

[MasterLeong]

only left my starhub still red, and I still think starhub is cheap at 7% yield

any price at $3 or lower still a reasonable buy for long term dividends

however if u want to enter M1 or SH, best is to imagine a 20% drop is earnings/dividends as margin of safety

 

[MasterLeong]

CCT 1.60 already, year high is 1.64... the book value near 1.75 I think

 

[MasterLeong]

A Rising Tide lifts all boats

now most stocks have gone up... its a good time to let go of those which fundamentals no good and keep those of solid fundamentals

 

[Genosis]

HUAT AH $$$$$$$$$$$$$$$$$$$$

Wa.....from red to almost $12k in paper gains! Congrats!

 

[madtari]

your portfolio looks Reits heavy... you will surely add more banking counters if not for their current price run-off... but y sell off your ocbc?

HUAT AH $$$$$$$$$$$$$$$$$$$$

 

[MasterLeong]

http://ir.chartnexus.com/aimsampcapital/doc/QR/2017/VP_Q2.pdf

been researching on other reits... aims reits seems quite popular among ssi warriors and some famous bloggers

however I would like to point out a big red flag, not that I spreading fear or trying to make the stock price go down... even if go down I will also not be buying this stock

looking at last quarter results, rents were renewed at 11% lower... a big drop
secondly, close to 30% of the leases will be up for renewal mid of this year

given the downtrend in rents, I expect these 30% of leases to be renewed at 5-10% lower too... thus dpu for end of 2017 is likely to decrease... just a warning to those holding or wanting to buy

cheers

 

[MasterLeong]

your portfolio looks Reits heavy... you will surely add more banking counters if not for their current price run-off... but y sell off your ocbc?

my banks were up 10-20% already... so I sold off a bit of banks to rebalance
and lock in some profits

banks still make around 20% of my entire portfolio, which is a level I am comfortable with

previously in 2016 december I mentioned how I felt reits and telcos were cheap, so I when in big... this is my style of investing... if I feel that segment is undervalued I do not mind betting half my portfolio on it

like in the past I felt banks were cheap... so I bet big on 3 banks
I felt asset managers were cheap... so I bought big on ara/glp/fcl
I felt that marine related were cheap... so I bought big on KC/SCI

and so on....

 

[MasterLeong]

your portfolio looks Reits heavy... you will surely add more banking counters if not for their current price run-off... but y sell off your ocbc?

currently my portfolio is just reits telcos banks only

very focused fire style

if exclude the comfort delgro

its like 50% reits, 30% telcos 20% banks

I do not think that holding a basket of solid properties for long term would be risky... its the same as u buy 5 condo and hold collect rents for many years