*Official* MasterLeong Thread

[Average]

masterleong, i come in peace and will stay neutral, posting opinions true to myself. believe in freedom of speech. i will post less too, since my portfolio has taken its shape and no more cash for now.

respect ur opinions. Cheers.

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[lewissac]

m1 beh tong liao

LOL no hope for me. Over 2.00 liao. No chance to buy that le i think

 

[tanjiakpeng]

tiagong that day got count-down party wor. Maybe party cancel?

But if DW have insider news, pls share.

quote first for kopi. CAD plz notice moi

 

[madtari]

Am thinking of buying FCL but is a bit put off by the low volume... its so pathetic... and the spread looks horrible now.

9.9 1.525 Buy
1.5 1.535 Sell

 

[MasterLeong]

Am thinking of buying FCL but is a bit put off by the low volume... its so pathetic... and the spread looks horrible now.

9.9 1.525 Buy
1.5 1.535 Sell

FCL i mentioned before the free float is very low
Over 80% owned by the thais
Because of poor liquidity and little ppl understanding it
Thats why so undervalued

Its market cap is 4bil +
If got liquidity, confirm blue chip already

 

[madtari]

But it has many building projects in SG and got stake in FCT as well right? Its PB looks delicious and Div yield is not bad considering it not being a REIT.

FCL i mentioned before the free float is very low
Over 80% owned by the thais
Because of poor liquidity and little ppl understanding it
Thats why so undervalued

Its market cap is 4bil +
If got liquidity, confirm blue chip already

 

[tanjiakpeng]

Am thinking of buying FCL but is a bit put off by the low volume... its so pathetic... and the spread looks horrible now.

9.9 1.525 Buy
1.5 1.535 Sell

u can opt for the individual subsidiaries under it's arm.

FLT is not too bad with pure exposure to aussie

 

[wiz]

But it has many building projects in SG and got stake in FCT as well right? Its PB looks delicious and Div yield is not bad considering it not being a REIT.

I have the same view just buy keep and collect dividends

 

[urameshi_85]

Any thoughts on the below stocks? All below book value

1. Hong Kong land
2. Uol
3. Uoa - some Australia property

 

[livingston]

noob question, how can i get the info for retail, institution, foreign buy/sell amount daily?

 

[Asphodeli]

noob question, how can i get the info for retail, institution, foreign buy/sell amount daily?

No such info LOL

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[lbs]

Any thoughts on the below stocks? All below book value

1. Hong Kong land
2. Uol
3. Uoa - some Australia property

UOA is now selling below tangible book value (according to sgxcafe screener), but you should be cautious because screeners might be wrong. The other point is the NAV is not consistent with UOA. A small punt is okay, and I still feel that is the way to invest in below book value stocks, lots of diversification.

All 3 of them are somewhat family business but HKL is by far the biggest of them all, and have the best record and has a lower debt than UOL (no idea if debt is lower than UOA because I have yet to look).

I will hesitate to buy UOL as there is a huge run up and the dividend yield isn't promising traditionally (I was vested). HKL is a better bet because it is difficult to replace properties that they have. IIRC, the revenue structure of HKL depends more on rent collection than developing? Bad memory here.

I think UOL's recent run up was due to brokerage recommendation (at least from Ketrade that i used).

But personally I will take HKL for its lower debt and better ROE, but not a lot because there is a small run up recently already, and there is a direct currency risk aspect.... in the event of a crisis, i will buy HKL for sure.

 

[neoartz]

noob question, how can i get the info for retail, institution, foreign buy/sell amount daily?

Nope. you wouldn't be able to get such information in SG market. These information are market sensitive information thus no one will release such information. So far i only know that SGX will publish daily shares buyback.

Only in US, funds and institution are required to disclose their holdings on quarterly basis

P.S: i might be wrong.. but hey.. we are here to learn from each other

 

[MasterLeong]

But it has many building projects in SG and got stake in FCT as well right? Its PB looks delicious and Div yield is not bad considering it not being a REIT.

Yup 30% to book
70% recurring income
5.5% yield
Very good value play for sure

But need wait for thaibev to sell off fcl

 

[walkofwinners]

for FCL if wanna buy, need to hold for long long long term while collecting dividends.

although it seems severely undervalued, no incentive for anyone to push the stock cause of the minimal free float.

maybe can punt for delisting/privatizing prospects instead.

another interestingly undervalued stock is SingHoldings (5IC)

 

[MasterLeong]

Any thoughts on the below stocks? All below book value

1. Hong Kong land
2. Uol
3. Uoa - some Australia property

UOL i mentioned before a few times its value trap
All those under wee family they pay low dividends
Not so rewarding to shareholders

HK land the some bloggers got cover it
I prefer the parent jardine for diversification as HKL dividends very little a

 

[MasterLeong]

u can opt for the individual subsidiaries under it's arm.

FLT is not too bad with pure exposure to aussie

All the 4 reits under FCL are decent with good track record
FCT FCOT FHT FLT , see which segment the investor wants to be exposed to

I see FCL as a mini reit etf hehehe

 

[MasterLeong]

noob question, how can i get the info for retail, institution, foreign buy/sell amount daily?

Ask your broker ba
Anyway such info not important at all i feel

 

[MasterLeong]

UOA is now selling below tangible book value (according to sgxcafe screener), but you should be cautious because screeners might be wrong. The other point is the NAV is not consistent with UOA. A small punt is okay, and I still feel that is the way to invest in below book value stocks, lots of diversification.

All 3 of them are somewhat family business but HKL is by far the biggest of them all, and have the best record and has a lower debt than UOL (no idea if debt is lower than UOA because I have yet to look).

I will hesitate to buy UOL as there is a huge run up and the dividend yield isn't promising traditionally (I was vested). HKL is a better bet because it is difficult to replace properties that they have. IIRC, the revenue structure of HKL depends more on rent collection than developing? Bad memory here.

I think UOL's recent run up was due to brokerage recommendation (at least from Ketrade that i used).

But personally I will take HKL for its lower debt and better ROE, but not a lot because there is a small run up recently already, and there is a direct currency risk aspect.... in the event of a crisis, i will buy HKL for sure.

Yup i agree
Of the 3 i would pick HKL too
Some bloggers got cover this baby

 

[MasterLeong]

for FCL if wanna buy, need to hold for long long long term while collecting dividends.

although it seems severely undervalued, no incentive for anyone to push the stock cause of the minimal free float.

maybe can punt for delisting/privatizing prospects instead.

another interestingly undervalued stock is SingHoldings (5IC)

After the fnn saga
The thais owned 80% plus of fcl
Can wait for two things to happen
The thais buy out fcl and take it private at 10-20% premium to market
Thaibev sells off its stake or placement out to public, free float widens and fcl becomes a blue chip due to higher liquidity and already big market cap