*Official* MasterLeong Thread

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MasterLeong

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Anyway market had run up a lot
I plan to sell down my SCI and reduce my portfolio size to 300k as rebalancing

Cheers
 

MasterLeong

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Is ML planning to tp on banks (DBS)? If so at what level?

Currently no intention to sell dbs even if it goes higher
Reits/telco/banks are my core to collect dividends and ride the bull market

My current to sell list is FCL and SCI
SCI if $3.00 may sell half to reduce from 10,000 shares to 5,000
FCL if 1.70 i may sell all 10,000 shares

Additional note on banks, usually during bull market banks can trade as high as 1.2-1.5 times book
Also with the oil/marine industry save, the bad loans which were written off may be added back in 2017, translating to higher earnings ahead
In the long run i expect 4% dividends and 5-10% earnings growth from the 3 banks and they shall remain as core position

Whereas stocks in marine/property/commodities are more for trading as they are cyclical in nature
Example KC SCI FCL

Have taken profits on KC so just waiting to TP the other 2
 
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lewissac

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Currently no intention to sell dbs even if it goes higher
Reits/telco/banks are my core to collect dividends and ride the bull market

My current to sell list is FCL and SCI
SCI if $3.00 may sell half to reduce from 10,000 shares to 5,000
FCL if 1.70 i may sell all 10,000 shares

Additional note on banks, usually during bull market banks can trade as high as 1.2-1.5 times book
Also with the oil/marine industry save, the bad loans which were written off may be added back in 2017, translating to higher earnings ahead
In the long run i expect 4% dividends and 5-10% earnings growth from the 3 banks and they shall remain as core position

Whereas stocks in marine/property/commodities are more for trading as they are cyclical in nature
Example KC SCI FCL

Have taken profits on KC so just waiting to TP the other 2

Pai seh, FCL is which share ah?
 

lewissac

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U go look at the whole list give us some possible answers then we tell u ??

Or u want us make the trade for u also

Well I did look through the whole list from dividends.sg, and somehow I couldnt find a match. The closest is FCT (Fraser Commercial Trust). Which i why FCL refer to which particular share.

Sorry, not to sound that I'm lazy, but I did do a search and I couldn't find it, or perhaps I might overlook it.

Edit: ok finally found it. Should be Fraser Centrepoint Limited. No wonder couldn't find a match in dividends.sg
 
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MasterLeong

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At what level will you stop buying? Once sti passes 3000 or 3200? Or will you keep buying?

I dont look at STI level

even in bull markets there will be undervalued companies, like now I buying reits and telcos not because I think STI is low

but there is too much fear in people's mind about the rate hikes

however if all else equal, in 2017 STI 3300 level or higher I am likely just sitting to collect dividends only...

as earnings improve and dividends increase, the same stock at the same price can become undervalued... see if u get what this means
 

Asphodeli

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wtf i just checked OCBC price, $9.20 now! huat ah...holding 1288 shares, lucky number? :D
 
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