*Official* MasterLeong Thread

[crimsontactics]

age 33, full time investor

300k stocks
200k bonds
300k full paid hdb flat

most ppl here already know my profile and have seen the prove I have provided in the past before

800k Uh Uh Siols!

Shifu pls tell me!

 

[MasterLeong]

OCBC book value 8.31 - closed 9.06 - price to book 1.09
DBS book value 16.68 - closed 17.62 - price to book 1.06
UOB book value 18.54 - closed 20.70 - price to book 1.11

all three banks seems overvalued at 6% to 11% premium to their book values

considering that they still have exposure to oil/marine related loans... I would logically price them at 0.90 times book value as a fair price

as such I do think that banks may have a possible downside of 15% or so

this is purely my own views and I may be wrong, I have taken some profits on my bank positions and may continue selling
I would be a buyer at closer to 0.9 times book or less

cheers

 

[MasterLeong]

800k Uh Uh Siols!

Shifu pls tell me!

u got invest in stocks ?????????????

 

[MasterLeong]

US market pretty flatish

tmr see if STI can hold up at 2900 level or not

if 2900 level breaks... next support level would be 2700 level followed by 2500 level

 

[mcsane]

US market pretty flatish

tmr see if STI can hold up at 2900 level or not

if 2900 level breaks... next support level would be 2700 level followed by 2500 level

2500 would be a sweet spot.

 

[crimsontactics]

u got invest in stocks ?????????????

No have leh!

 

[MasterLeong]

2500 would be a sweet spot.

https://sg.finance.yahoo.com/echarts?s=^STI#symbol=^STI;range=1y

looking at 1 year chart its possible


see how it goes in 2017 ba....


mean while just collect dividends and wait for full year results ^_^

 

[MasterLeong]

No have leh!

if u wish to learn, u are in the right thread ^_^

 

[MasterLeong]

I think 2900 is a very critical level

in the short term say 1-3 months maybe can fall to 2700 but unlikely will go to 2500 again, that level too cheap and bargain hunters will already come in at 2700 levels

in the mid-long term say by end of 2017 and beyond I do see STI heading pass 3000 towards a healthy 3300 level

just my guess, I may be wrong

 

[MasterLeong]

golden post of the day, good nights ^_^

OCBC book value 8.31 - closed 9.06 - price to book 1.09
DBS book value 16.68 - closed 17.62 - price to book 1.06
UOB book value 18.54 - closed 20.70 - price to book 1.11

all three banks seems overvalued at 6% to 11% premium to their book values

considering that they still have exposure to oil/marine related loans... I would logically price them at 0.90 times book value as a fair price

as such I do think that banks may have a possible downside of 15% or so

this is purely my own views and I may be wrong, I have taken some profits on my bank positions and may continue selling
I would be a buyer at closer to 0.9 times book or less

cheers

 

[crimsontactics]

if u wish to learn, u are in the right thread ^_^

What should I buy first?

 

[Mancunian2]

why Master Leong tio banned?

what did he do this time?

 

[Weaboo]

wtf, why banned?

 

[lbs]

uh? banned again? :|

 

[lioninvestorco]

lol... here we go again...

 

[Android user]

War never end, at least in ssi. In before grandmaster leong appear hai.

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[L'oreal Paris]

What should I buy first?

ES3

 

[havetheveryfun]

why Master Leong tio banned?

what did he do this time?

think cos he went to the other threads to post. he is supposed to stay in this thread only

 

[tanjiakpeng]

lol felix tio banned again. haiz here we go again

 

[marvel.avengers.ultron]

In before grandmaster leong.

Sent from Samsung SM-G935F using GAGT