*Official* MasterLeong Thread

[Sinkie]

many were forced to sell out cheaply when SCB stopped the min comm thing

really many DCS sia

this is called, save small money and waste big money..

 

[MasterLeong]

https://thumbtackinvestor.wordpress.com/portfolio-performance/

6 years hit 1 mil liao

true or csb?????????

 

[Asphodeli]

I also kioed OCBC at 7.45 lol! But sold away liao cos last time in SCB

lol i transferred mine out to CDP

 

[MasterLeong]

this is called, save small money and waste big money..

and we got sound off that SCB the downsides, yet those ppl shoot us.... they too committed to SCB and were blinded

 

[MasterLeong]

lol i transferred mine out to CDP

like that u transferred all out, total cost roughly how much

at least u get the keep your stocks, nice!

 

[Asphodeli]

like that u transferred all out, total cost roughly how much

at least u get the keep your stocks, nice!

$10.70 per counter, don't care how much you have

 

[Asphodeli]

and we got sound off that SCB the downsides, yet those ppl shoot us.... they too committed to SCB and were blinded

actually SCB is like double-edged sword la. if u dare to use, u must dare to take out also...weak holders all shaken out and sold off, but I am slowly transferring my shares out...no hurry...

 

[madtari]

AKA "Penny wise, Pound foolish"
I feel that the same applies to min sales charge. don't be overly concerned over doing small trades bcos when price drop, you can average down rather than buying 100% at once. I split my trades into 2 or 3 times so if it drops, I can avg down 1 or 2 times and if price runs off, consolation is at least I have bought some. The min sales charge 'saved' by doing 1 big trade is not significant and can be easily offset considering the volatility of stock prices.

this is called, save small money and waste big money..

 

[Asphodeli]

https://thumbtackinvestor.wordpress.com/portfolio-performance/

6 years hit 1 mil liao

true or csb?????????

This guy is substantial shareholder in BBR? Can check from Annual Report.

 

[MasterLeong]

SCI and KC both up 7.5%

like i previously said many times, the risk reward ratio was so good

downside protected by temasek who is major share holder

upside now shown

those who bought small cap marine stocks and were lucky to this up ride... do note that you had a lucky escape for sure... many small cap marine counters are so highly geared that anytime they could explode and go into bankruptcy

 

[MasterLeong]

AKA "Penny wise, Pound foolish"
I feel that the same applies to min sales charge. don't be overly concerned over doing small trades bcos when price drop, you can average down rather than buying 100% at once. I split my trades into 2 or 3 times so if it drops, I can avg down 1 or 2 times and if price runs off, consolation is at least I have bought some. The min sales charge 'saved' by doing 1 big trade is not significant and can be easily offset considering the volatility of stock prices.

those that keep asking how to get lower commission, i read liao also sianz dun feel like replying them...

spend so much time researching how to lower cost... might as well use the time to learn more about industries and companies, pick good stocks right? lol

 

[madtari]

$10.70 per counter per quarter? that is quite an amount if you have many counters with small positions!

$10.70 per counter, don't care how much you have

 

[lewissac]

MCT 1.40 or less is ok to hoot

they did placement at 1.45 and PO at 1.42

undercut their shareholders hahahaha

I see MCT kinda steady price... between 1.425 to 1.43... hardly drop to 1.40 or below.

 

[Asphodeli]

$10.70 per counter per quarter? that is quite an amount if you have many counters with small positions!

$10.70 one-time fee to transfer a counter out lah

 

[madtari]

chey... that is not significant lah... if your stock worth $1070, the cost to transfer out is only 1%. with no min sales charge, ppl already saved more than $10.70 already mah...

$10.70 one-time fee to transfer counters out lah

 

[MasterLeong]

I see MCT kinda steady price... between 1.425 to 1.43... hardly drop to 1.40 or below.

like that maybe aim for 1.42 or 1.43 which is close to PO price... get same as their shareholders

 

[MasterLeong]

on Q to sell 2000 KC at $6 to take 10% profits on this short trade

however I am still continue to be long on Oil via 10,000 SCI long term

 

[Asphodeli]

chey... that is not significant lah... if your stock worth $1070, the cost to transfer out is only 1%. with no min sales charge, ppl already saved more than $10.70 already mah...

that's why...most people don't see it on a macroview...like the time i buy and GPGT 100 shares on M1 and Starhub with retail brokerage, tio arm chio, but who's laughing now, eh?

 

[MasterLeong]

KC up 8% to 5.89 already

congrats those brave man who attack at market open today for 5.58, earn 30 cents riao

huat ah $$$$$$$$

 

[bencheongcm]

chey... that is not significant lah... if your stock worth $1070, the cost to transfer out is only 1%. with no min sales charge, ppl already saved more than $10.70 already mah...

some people have 20 counters