*Official* MasterLeong Thread

[goh6570]

Ur trust in people is admirable.....

Blood relations are different scenarios mah

In the real business world, contracts and deals are signed very often

yes, hard truth

 

[MasterLeong]

Sti up a bit today nia
No strength already hahaha

 

[MasterLeong]

yes, hard truth

U got any experiences to share??? Hehehe

 

[madtari]

this is what I observed and mentioned yday afternoon. looks like ppl r staying on the sidelines waiting for 14th Dec for directions.

Sti up a bit today nia
No strength already hahaha

 

[MasterLeong]

Areit climb back to 2.4. DBS still going up.

Awesome!!!!

The banks sibei huat hahahaha
My dbs 22% paper gains riao

 

[MasterLeong]

this is what I observed and mentioned yday afternoon. looks like ppl r staying on the sidelines waiting for 14th Dec for directions.

Yup many are waiting
Will boat sink or leAve port
We shall see

 

[mazatsushi]

Sorry bro.....have to ask u another favour since u r based in Japan

How is Softbank doing in Japan? Is the demand strong? How about its competitors like NTT DoCoMo?

Thanks in advance!

SoftBank's earnings are stable, but not expected to grow much due to Japan's aging population, and more importantly the entry of new competitors mainly in the form of MVNOs.

Management had figured out that they would lose the battle for price-sensitive customers, and thus they recently introduced new data plans which come with 20GB, but which also costs more so as to protect their profit margins.

Personally, the worrying thing about SoftBank is the fact they many Japanese retail investors consider it the darling of the Tokyo Stock Exchange, but they have nothing to show for it.
- Tried up-selling mobile data with fixed line broadband but impact is still negligible
- Tried bundling mobile data with fixed phone line and electricity (the electricity sector was deregulated recently to allow for reselling to consumers); negligible uptake
- Tried creating a new market for personal robots via Pepper; negligible impact
- Tried to expand to US by acquiring Sprint; ended up pumping in even more just to stabilize the ship

As of right now, the only things that hold any potential for SoftBank would be:
- Huge unrealized profits from early investments into Yahoo Japan and Alibaba
- Recent acquisition of ARM

Would not even consider them at all to be honest, as SoftBank gives paltry dividends (if any) for a telecommunications company despite stable revenues. NTT Docomo and KDDI are exceedingly more attractive despite deteriorating fundamentals

 

[mazatsushi]

If I ever go Japan, I am definitely rather explore other things than their economy.....hehehe

You mean come here and piak cute SYT dua neh neh Japanese ladies until your tank is empty?

 

[MasterLeong]

SoftBank's earnings are stable, but not expected to grow much due to Japan's aging population, and more importantly the entry of new competitors mainly in the form of MVNOs.

Management had figured out that they would lose the battle for price-sensitive customers, and thus they recently introduced new data plans which come with 20GB, but which also costs more so as to protect their profit margins.

Personally, the worrying thing about SoftBank is the fact they many Japanese retail investors consider it the darling of the Tokyo Stock Exchange, but they have nothing to show for it.
- Tried upselling mobile data with fixed line broadband but impact is still negligible
- Tried bundling mobile data with fixed phone line and electricity (the eletricity sector was deregulated recently to allow for reselling to consumers); negligible uptake
- Tried creating a new market for personal robots via Pepper; negligible impact
- Tried to expand to US by acquiring Sprint; ended up pumping in even more just to stabilize the ship

As of right now, the only things that hold any potential for SoftBank would be:
- Huge unrealized profits from early investments into Yahoo Japan and Alibaba
- Recent acquisition of ARM

Would not even consider them at all to be honest, as SoftBank gives paltry dividends (if any) for a telecommunications company despite stable revenues. NTT Docomo and AU are exceedingly more attractive despite deteriorating fundamentals

nice

since u live in japan

are u vested in any japanese stocks?

 

[MasterLeong]

You mean come here and piak cute SYT dua neh neh Japanese ladies until your tank is empty?

foreigner can pika pika local jap ma? or will cost more?

 

[MasterLeong]

their picks are all so weird


http://www.theedgemarkets.com.sg/sg/article/5-large-cap-alpha-stock-picks-cimb-survive-‘rocky’-2017

 

[mazatsushi]

nice

since u live in japan

are u vested in any japanese stocks?

I suck big time at stock picking. So vested only in the local TOPIX index.

Only about 8% of overall portfolio though - the rest are all vested overseas.

foreigner can pika pika local jap ma? or will cost more?

So far my own experience is the ladies willingly come my house for piak piak session, so unable to advice

 

[Genosis]

You mean come here and piak cute SYT dua neh neh Japanese ladies until your tank is empty?

That one is number 2 on my to-do list.....

Lumber 1 is to visit that giant Gundam statue!!!

 

[Genosis]

SoftBank's earnings are stable, but not expected to grow much due to Japan's aging population, and more importantly the entry of new competitors mainly in the form of MVNOs.

........

Thanks a million! U become our SSI resident Jap market expert.....

 

[lewissac]

So far my own experience is the ladies willingly come my house for piak piak session, so unable to advice

This should be inculcated to rest of the countries too.

 

[wiz]

really its not about luck... I am serious about this
its mostly about judgement/trust

when one day u try do your own business, you will know

how u handle landlord, supplier, customer, worker

black and white really no use one... LOL

I had the same experience and yes trust and lack of trust is the usually the make or break

Lawyer contracts and shareholder agreements are means for the rich to gain leverage over the lesser.

Running a business is super hard work and the conditions in SG, high rentals, high wages, lack of hardworking staff make abandon the route

 

[MasterLeong]

I suck big time at stock picking. So vested only in the local TOPIX index.

Only about 8% of overall portfolio though - the rest are all vested overseas.



So far my own experience is the ladies willingly come my house for piak piak session, so unable to advice

can gpgt your pic ma, see how handsome u are LOL

if not, really hard to believe wor

 

[MasterLeong]

I had the same experience and yes trust and lack of trust is the usually the make or break

Lawyer contracts and shareholder agreements are means for the rich to gain leverage over the lesser.

Running a business is super hard work and the conditions in SG, high rentals, high wages, lack of hardworking staff make abandon the route

hard to find good workers for sure, most of the things have to ownself do

like my one is considered retail/events, weekdays quiet but weekends most busy... where got singaporeans want to work on weekends

weekends often have to ownself do everything, cannot find manpower.. as our company too small, cannot hire FT... to be honest.. if can hire FT i sure will hire... because no choice... locals do not want to work for us



rentals previous few years kept going up until cannot tahan sia... had one store at macpherson AZ building... we use to take 1st floor, rents were around 6k+ per month... but unsustainable so we moved up to 10th floor, rentals much lower at 3.3k but the traffic slower down a lot, revenues drop big big....

this year 2016 can really feel the weak economy... thankfully the landlord was understanding and we managed to negioate rents down 10% to 3k per month... nowadays brick and motar businesses really harder and harder to do sia

speaking of contracts and black/white... even our rental contracts... all put black and white, we even defaulted before... due to cash flow issue.. in the end the landlord still believe in us, its all about trust and relationships

if follow black and white, tenant miss payment u go put chain and lock the place... seize the deposit and find new tenant... can la.. u become paper warrior and never succeed


also when dealing with supplier... sometimes give and take, not say die die I pass u cash the u pass me goods... sometimes I owe you or you owe me one... its a long term relationship between supplier and shops

most ppl reading this post will not understanding what i saying, but those who do before own business will know

cheers

 

[Perisher]

Kindly don't go off topic too much. There are other forums for that.

 

[Genosis]

their picks are all so weird


http://www.theedgemarkets.com.sg/sg/article/5-large-cap-alpha-stock-picks-cimb-survive-‘rocky’-2017

Their strategy is not long-term, yield-focused......

They are picking based on the 2017 themes of “rising interest rates, strong dollar and higher commodity prices”....

I dun have any of their picks...