*Official* MasterLeong Thread

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Timmus

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Thats why we retail investors no advantage in fifo

ML, Knows that you had liquidated Keppel Corp. This stock counter dropds much today.. Please advise from your gut feel, any chances of this counter moving up soon ?..or whats the chances for them to continue dropping ? Just asking your gut feeling about this counter. Well Appreciated, with thanks :)
 

JuzMobile

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ML, Knows that you had liquidated Keppel Corp. This stock counter dropds much today.. Please advise from your gut feel, any chances of this counter moving up soon ?..or whats the chances for them to continue dropping ? Just asking your gut feeling about this counter. Well Appreciated, with thanks :)

I'm no guru,
So i copied and paste a paragraph from WSJ, maybe it can help you see a bigger picture. :)

"The Federal Reserve presents another risk to oil demand. It raised its benchmark rate by a quarter of a percentage point on Wednesday and expects to lift it faster than previously projected in the coming year.

That is usually bad news for oil. Demand for crude in emerging markets, a growth driver for global consumption, tends to fall when U.S. rates rise, according to an analysis by Bank of America Merrill Lynch.

Emerging economies are vulnerable to higher U.S. rates because their debts become costlier to finance and the stronger dollar makes many imports more expensive. That includes oil, which is priced in dollars and becomes more expensive for holders of other currencies as the greenback rises.

“The most understated risk to oil prices would be a toxic combination of faster-than-expected U.S. interest-rate hikes next year, a much stronger dollar, and a potential trade war with China,” the bank said in a report last week. “Oil prices could slip back below $40 a barrel under that scenario.”"
 

MasterLeong

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ML, Knows that you had liquidated Keppel Corp. This stock counter dropds much today.. Please advise from your gut feel, any chances of this counter moving up soon ?..or whats the chances for them to continue dropping ? Just asking your gut feeling about this counter. Well Appreciated, with thanks :)

Oil news already priced in
I believe oil will find balance in the force at $50-60 range in the mid term
Full year earnings for KC likely down 40-50%
Dividends likely be half of what was paid in 2015

KC is a counter for fifo not for dividends
 

SeVenn

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Many REITs closed day low. Looks like more bargains to be had tomorrow if Dow continues to fall tonight :)
 
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