*Official* MasterLeong Thread

[Dividends Warrior]

SSI warriors looking at reits again. I re-enter FCT @1.895

Prepare to huat after Northpoint AEI next year. Just hope Bedok Point don't cui too much.

 

[Dividends Warrior]

I saw 17.5 looks tempting....But shall undercut 17.40.

It is simple. When you see Master Leong and I buy a certain counter after 2 rounds of undercutting, you just follow by undercutting the 3rd time. Enjoy huge margin of safety to hold long-term. Power of undercutting!

 

[MasterLeong]

Banks pulled back
So dbs and ocbc may look decent again if they come back to 1 times book value

 

[MasterLeong]

Dbs 17.40 17
Ocbc 9 8.50

 

[Dividends Warrior]

It is important to have a sizeable war chest. With year end bonus and other cash flow in, my current cash position is about 25% of total investment assets. I intend to keep this between 20-30% by rebalancing stock holdings once every year. In emergency case, if STI ever drops to 1800 points, the war chest will likely be deployed. Berkshire is holding 70+B cash on 250B market cap, about 28%.

Yup, always have a warchest and stay nimble because the boat always comes back.

 

[MasterLeong]

I saw 17.5 looks tempting....But shall undercut 17.40.

Waiting to welcome more people on board banks
But if want hoot banks must prepare more cash
Hoot once at book value
If drop 10% hoot again

 

[MasterLeong]

Singtel recovering well after XD
If cross 3.70 feels like free dividends

 

[MasterLeong]

actually the key thing is... STI fell from 3500 to 2500.. a 30% decline.. so is this a crash?

I consider it a crash and have deployed all my cash

but it seems many do not consider it a crash and are waiting for a 50% decline?

how come ?

Feel free to discuss......

 

[SeVenn]

Banks pulled back
So dbs and ocbc may look decent again if they come back to 1 times book value

Not touching banks yet. Still think they're due for a correction after cheonging so much. Nothing has changed fundamentally about the economy. Recession is still expected in 2017.

 

[lewissac]

Singtel recovering well after XD
If cross 3.70 feels like free dividends

It's @ 3.700 now. Going to cross over.

 

[Takodoro]

Singtel recovering well after XD
If cross 3.70 feels like free dividends

Singtel alone holding the STI fort. 1 cent increase is enough to cover banks few cent drop

 

[Dividends Warrior]

It's @ 3.700 now. Going to cross over.

Power of CD + Capital appreciation

Hopefully the Netlink Trust IPO can reap the shareholders a special dividend next year!

 

[Timmus]

Singtel recovering well after XD
If cross 3.70 feels like free dividends

ML, Singtel and Starhub Captains received ORDERs to leave port immediately.
You did not go to the wharf and wave goodbye to them ?

 

[Dividends Warrior]

My filled queue for today so far.

Singtel, Raffles Medical and SATS.

 

[numbers]

It is simple. When you see Master Leong and I buy a certain counter after 2 rounds of undercutting, you just follow by undercutting the 3rd time. Enjoy huge margin of safety to hold long-term. Power of undercutting!

thats good idea! undercut the master leong and master dividend warrior! haha

 

[SeVenn]

ML, Singtel and Starhub Captains received ORDERs to leave port immediately.
You did not go to the wharf and wave goodbye to them ?

Only ST boat managed to leave the dock. The other 2 kena sabotaged

 

[Dividends Warrior]

thats good idea! undercut the master leong and master dividend warrior! haha

If you see master DK also bought, then it will be triple undercut. That will be titanium-alloy strong margin of safety!

 

[supertanweekiat]

Power of CD + Capital appreciation

Hopefully the Netlink Trust IPO can reap the shareholders a special dividend next year!

Sure have one.. Singtel still have quality division to IPO. Such as cyber security, they partner quite a number of American n isrealis company.

 

[SeVenn]

MCT support really damn strong. Hope can reach my 2nd tranche

 

[thenakedshades]

My filled queue for today so far.

Singtel, Raffles Medical and SATS.

isn't SATS alittle too overpriced?