*Official* MasterLeong Thread

[MasterLeong]

http://foreverfinancialfreedom.blogspot.sg/?m=1

This famous blogger also sitting on a lot of cash
Half portfolio in cash and missing out the bull

If sti crosses 3000 its gg for them

The dangers of trying to time the market

 

[MasterLeong]

http://a-dividend-simpleton.blogspot.sg/2016/12/as-of-30-november-2016-counter-average.html?m=1

 

[MasterLeong]

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

Cheers

 

[lewissac]

All the way
Huat ah $$$$

Wish I can have that kind of figure... DCA all the way there then!!

 

[MasterLeong]

Wish I can have that kind of figure... DCA all the way there then!!

Give yourself a few years
Can one

 

[lewissac]

Give yourself a few years
Can one

Few years to reach $300K worth of shares?
Thats like 8 yrs worth of my salary sia.

 

[Tooi Kono Machi De]

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

 

[MasterLeong]

Few years to reach $300K worth of shares?
Thats like 8 yrs worth of my salary sia.

Maybe target 5 or 10 years?
Anything is possible if u try hard
Jia you

 

[MasterLeong]

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

 

[lewissac]

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?

 

[yihao93]

Pai seh, FCL is which share ah?

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

 

[lewissac]

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

 

[yihao93]

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

In before see value of company not see sti lvl

 

[MasterLeong]

Pai seh, FCL is which share ah?

https://www.bloomberg.com/quote/FCL:SP

 

[MasterLeong]

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]

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

 

[MasterLeong]

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

nice, huat ah $$$$$$$$$$$$

 

[Shawny88]

Maybe target 5 or 10 years?
Anything is possible if u try hard
Jia you

Targetting to hit $300k in 5 years time!

 

[MasterLeong]

Targetting to hit $300k in 5 years time!

hope 2017 onwards bull all the way and u can hit the target hehehehe

 

[lioninvestorco]

Targetting to hit $300k in 5 years time!

is that possible? how much do you plan to put in every year?