*Official* MasterLeong Thread

[MasterLeong]

16500 on stocks

3500 floating

Counters are FCL fct cmt and vicom

I see like that you mostly vested liao ok la
Balance slowly Q is fine

 

[Dividends Warrior]

I also started to add reits as I ran out of good net-net stocks to buy.

These 2 months, I have bought 50000 shares of SPH Reit, 30000 shares of Frasers Logistics Trust and 20000 shares of AIMS Reit.

If the price is right, I target to add another 20000 shares of Fraser Logistics Trust and 50000 shares of First Reit/Keppel DC.

SPH REIT is solid. Low gearing. Very close to its NAV of 0.94

Do note that Keppel DC is way above NAV.

 

[MasterLeong]

Must see payout ratio. Also scare they decides to keep more cash to fight the 4th telco. But if 5% bao jiak is good.

M1 ceo in agm got say before die die at least pay out 80% of earnings
SH ceo say will matain 20 cents earnings

Dunno can trust them or not???

 

[L'oreal Paris]

I see like that you mostly vested liao ok la
Balance slowly Q is fine

Dunno if I shld cut

FCL I hold 8k like tt the rest is 2k2k2k2k

Not really well balanced

Cut FCL to buy other counters dunno is it feasible? Don't put everything in 1 basket better right

 

[Dividends Warrior]

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

I am expecting more weakness ahead for REITs. Could be a repeat of 2013 Taper Tantrums.

 

[MasterLeong]

Dunno if I shld cut

FCL I hold 8k like tt the rest is 2k2k2k2k

Not really well balanced

Lol half your vested part in FCL seems a bit risky

For around that size i would put 4k reach into 4 position

For a 20k portfolio around 5 positions more disciplined

 

[Takodoro]

Dunno if I shld cut

FCL I hold 8k like tt the rest is 2k2k2k2k

Not really well balanced

FCL you holding what price? Focused fire and come CXG with me

Disclaimer: DYODD

 

[MasterLeong]

portfolio management is very important

example you look at mine

around 310k vested

I try to not let any single position be more than 10%
an any position I would want at least 5% for it to be significant enough

if break either way then re balance back if needed


imagine if I had 20% or 30% on starhub... my portfolio would become very bad for sure

at least now its balanced in a sense that banks doing well, reits/telcos not doing well
but overall still healthy

 

[Takodoro]

feel free to discuss or point out anything that I might be missing on the threat of 4th telco, cheers

IMHO, ST is a much better bet for mid-long term. Heck it is even better for ST now.

 

[L'oreal Paris]

FCL you holding what price? Focused fire and come CXG with me

Disclaimer: DYODD

Mai La Mai La I dun have spare cash to burn

 

[MasterLeong]

Dunno if I shld cut

FCL I hold 8k like tt the rest is 2k2k2k2k

Not really well balanced

Cut FCL to buy other counters dunno is it feasible? Don't put everything in 1 basket better right

for your portfolio say 20k

you should not put more than 25% into a single stock, or not more than 5k into a single stock

later on when your portfolio bigger can set this upper limit to 20% ba

 

[MasterLeong]

also to add in a bit on FCL (i may be biased as I already sold FCL)


FCL gearing wise is higher than normal property developers like capitaland, as they tend to be more aggressive to grow
however on the flip side they reward shareholders well with a higher dividend payout ratio

FCL is also not a blue chip like capitaland, its more like a mid cap stock given its market cap of 4 bil... but low liquidity

FCL is good as a side bet but not suited as a core

core of portfolio should be solid like a rock, mainly with blue chips... just like how u building a house

its like u making a telco portfolio... ST and SH should be the core.... not M1

or a reit portfolio, CCT CMT Areit should be core... not FCT or SUN


hope u all understand what I trying to say



as for smaller portfolios... can always DCA STI ETF to build your core base first


cheers

 

[Average]

FCL you holding what price? Focused fire and come CXG with me

Disclaimer: DYODD

dun feel lonely, im another fcl fan.

top two positions are fcl shares and fcl bonds.

Sent from 穷小子 using GAGT

 

[MasterLeong]

this forum got one guy, started off with his core base with penny stocks
lost 5k in a mining counter

let that be a reminder to those newbies who want to fly even before learning how to walk

 

[MasterLeong]

my thread is mostly about buy and holding good companies at reasonable price

those looking or like to fifo can look elsewhere hahahaha

 

[L'oreal Paris]

Still okay ba. Till today I still dunno why I want buy qianhu back then.

But turn over a new leaf liao.

What happen to qian hu?

 

[lin321]

Hi master Leong, your thread is so fast that I can hardly follow. Do you have a summary post? Like which stock and what target price and percentage?

I hope to set up a similar portfolio and follow through.
Thanks!

 

[L'oreal Paris]

don't touch it at all.

At appearance, it has economic moat because it is the biggest ornamental fish farm in this region. If I remember correctly, they owned wan hu also. Plus they are sort of diversified as they sell plastic packaging/accessories too.

But it is just appearance only.

AVOID!!!

I see I see thanks for the warning

 

[Perisher]

Hi master Leong, your thread is so fast that I can hardly follow. Do you have a summary post? Like which stock and what target price and percentage?

I hope to set up a similar portfolio and follow through.
Thanks!

Dyodd, my 2 cent.

 

[Perisher]

If I recall correctly, qianhu only earn $5k or something for the year.