*Official* MasterLeong Thread

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MasterLeong

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sometimes I wonder if we should not read too much into ratios like PB? for example FCL.... current PB ratio is 0.67, NAV over price is 2.67. That equates to: at the current price of $1.53, one will be getting $2.28 worth of book value and $4.08 worth of NAV. How come those BB and funds not all rushing into it? :s11:

property stocks are cyclical

now is down cycle so some industries like property/commodities/marine are all trading at below book value

this is because investors expect these companies to generate low to negative returns

companies that can generate high returns, example sheng shiong/rmg will trade at way above book value
 

starfish.starfish

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I got the KFC family bucket liao.....:o

CMT, FCT, MCT, MGCCT & Suntec......altogether more than 70 malls and office properties! :D

Only missing SPH REIT and Starhill Global...

744932_KFC-Bucket-of-Chicken_pngbf72d2afd4fa045e0673485a6a2b1c21

I got SLE, CTE, PIE, MCE, sometimes will tio ERP.
Kekekekekek
They sounded very similar.
 

starfish.starfish

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how much disposable income do you have a year (money you can afford to lose)?
how much capital do you have now?
how long is your time horizon?
any cash commitments in the near future (1-5 years, eg. BTO, marriage, reno, car, children's education, etc)?
Whats your risk appetite (in general, low risk = low reward, medium risk = medium reward, high risk = high reward)?
given your risk appetite, what's your expected returns a year?


If you mentioned this already, no need reply... I'm only at page 15 of this thread... too many posts to read:s22:

Nowadays ppl don't ask these questions often enough.
They only ask, what can buy? Buy liao will HUAT ? Lol
 
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