*Official* MasterLeong Thread

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MasterLeong said:
singpost whats your TP?
Click to expand...

TLDR: 1.65

Long story:

No TP yet....

Wanted to hold for dividend and sell. Then XD lao sai :s13::s13::s13:

Lesson learnt.

Upside is that I am confident this would recover....as mentioned before, Singpost is like canned food expired for 1 day, you would still open it to eat. And you realised the taste is still good and you would go stock-up, but then you forgot about it again. :s13::s13::s13:

On a serious note, the reason why I am confident is due to Alibaba...people talk about Amazon, but what is Amazon compared to Alibaba and the DIRT CHEAP BRAND NEW DECENT QUALITY products that you can buy online from China? [Taobao, ezbuy (formerly 65daigou) anyone?]

This is no longer a dividend stock, this is a growth stock already. So my TP would be close to Alibaba entry price, maybe undercut a bit, 1.65 :D

Now just waiting for the price to catch up to Alibaba entry price.
 
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to those who like to play fifo...

GOOD LUCK

RockingHorse said:


Published on Jan 3, 2017

Eight passengers are stock traders who had racked up huge amounts of debt after falling victim to financial fraud.

They are believed to have resorted to suicide after their complaints to authorities had fallen on deaf ears.
Click to expand...
 
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Takodoro said:
TLDR: 1.65

Long story:

No TP yet....

Wanted to hold for dividend and sell. Then XD lao sai :s13::s13::s13:

Lesson learnt.

Upside is that I am confident this would recover....as mentioned before, Singpost is like canned food expired for 1 day, you would still open it to eat. And you realised the taste is still good and you would go stock-up, but then you forgot about it again. :s13::s13::s13:

On a serious note, the reason why I am confident is due to Alibaba...people talk about Amazon, but what is Amazon compared to Alibaba and the DIRT CHEAP BRAND NEW DECENT QUALITY products that you can buy online from China? [Taobao, ezbuy (formerly 65daigou) anyone?]

This is no longer a dividend stock, this is a growth stock already. So my TP would be close to Alibaba entry price, maybe undercut a bit, 1.65 :D

Now just waiting for the price to catch up to Alibaba entry price.
Click to expand...

If I were you, I would take a small loss and get out of singpost
u still new to investing, should not be touching such high risk stock
those stocks with scandal/saga.... just avoid is safer
CEO, CFO, COO all resigned... inside sure all is worms... u really still want to hold?
if fall to $1.00 what is your plan????
 
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MasterLeong said:
If I were you, I would take a small loss and get out of singpost
u still new to investing, should not be touching such high risk stock
those stocks with scandal/saga.... just avoid is safer
CEO, CFO, COO all resigned... inside sure all is worms... u really still want to hold?
if fall to $1.00 what is your plan????
Click to expand...

Will consider next action plan at 1.35 and/or scenarios have changed. :o

I would be monitoring like a hawk :o
 
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Takodoro said:
Will consider next action plan at 1.35 and/or scenarios have changed. :o

I would be monitoring like a hawk :o
Click to expand...

anyway singpost, I would not say its a buy and hold stock like reits or telcos

its more of a trading stock now



if u want to continue holding, best is to have a stop loss and take profit level

example now is 1.50 level

so 1.20 SL and 1.80 TP


I wish u good luck, hope u can TP instead of SL ^_^


for me, I 100% at this level 1.50... sure exit singpost... too much uncertainty on what the new ceo will do and what worms he will uncover

most analyst are predicting a big write off in 2017.. so earnings and dividends could come out very low.... even a drop to $1.00 will not be surprisingly if that happens
 
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MasterLeong said:
anyway singpost, I would not say its a buy and hold stock like reits or telcos

its more of a trading stock now



if u want to continue holding, best is to have a stop loss and take profit level

example now is 1.50 level

so 1.20 SL and 1.80 TP
Click to expand...

Don't think I will hold that long. If hit 1.65 I would surely TP.

The only thing I am really holding for long term right now is CMT/FCL.

But the dark side is really strong. :s13::s13::s13:
 
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Takodoro said:
Don't think I will hold that long. If hit 1.65 I would surely TP.

The only thing I am really holding for long term right now is CMT/FCL.

But the dark side is really strong. :s13::s13::s13:
Click to expand...

your mentality now is trying to avoid a trading loss, instead of facing the reality

the purchase on singpost was a bad investment... would be wiser to take the losses and move on...
 
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yihao93 said:
Tio cheat by alibaba
Then the scandal another nail in coffin
Scandal who can predict siah ?? :s22:
Click to expand...

Alibaba after ipo had too much cash on hand
They blindly when on a acqusition spree

Then learn from mistake ba
Even now cut losses at 1.5x is only lose 10%

Better to loss 10% and learn from mistake
Than to keep hugging and praying for miracle

Sure that singpost maybe go higher but that would all be luck, and zero on analysis and funfamentals
 
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