*Official* MasterLeong Thread

[MasterLeong]

I also thinking of getting SH.. shld buy after the announcement of 4th telco or before ? Sorry jus started few Mths ago still quite noob..

Welcome back btw.. +1 support

i kinda feel that 4th telco worries already priced in.. hard to see SH going way lower to say $2.50 or $2.00... seems low probability

I think at $3.00 or less... still a reasonable buy for 5% to 6.5% forward yields

if i got time, will take a look at hk telco market, ppl say there got 4 telcos and all are doing well

 

[lewissac]

if making a 3k trade or less, can consider this

https://www.dbs.com.sg/vickers/en/p...ic_latestpromo_Flat-Commission-Rate_learnmore

flat $10 commission, still reasonable


generally for those with smaller portfolio

if say just 5-10k... hard to diversify... should consider just DCA STI ETF


only when have about 20k or above then can really build a NON-ETF portfolio

example of a 30k portfolio

5k DBS 5k OCBC
5k Singtel 5k Starhub
5k CMT 5k CCT

when you make a 5k purchase, min comm $25... is about 0.5% commission cost.. still acceptable

but what is an unacceptable commission cost level? i would say 1% or higher

if u trade 2k and pay $25.. commission over 1% liao... is tooo high, u go in and out.. lost 2%... hard to make any real profits

I'm using MBKE platform. Min $10 commision with 0.18% brokerage. Still okay as long as >1k.

 

[MasterLeong]

old DBS research report on HK telco market

https://researchwise.dbsvresearch.com/ResearchManager/DownloadResearch.aspx?E=bhaihkhfi

even though HK has 4 telcos, they all still pay pretty decent dividends of 5-6%

this goes to show that SG will eventually become like HK, and at the right price our telcos will still remain as decent dividend counters

 

[MasterLeong]

I also thinking of getting SH.. shld buy after the announcement of 4th telco or before ? Sorry jus started few Mths ago still quite noob..

Welcome back btw.. +1 support

also to add, CEO bought at near 2.80 level... so I think it would be a strong support level.. very unlikely to break below it

just like how DBS CEO bought DBS at near $14 level.. after he bought, the level was not broken again


CEO buying is usually a strong signal of strength

 

[HYHY123]

also to add, CEO bought at near 2.80 level... so I think it would be a strong support level.. very unlikely to break below it

just like how DBS CEO bought DBS at near $14 level.. after he bought, the level was not broken again


CEO buying is usually a strong signal of strength

Okie thank you!

 

[Takodoro]

Welcome back! Hoping oil counter can chiong so I can finally get rid of keppel.

 

[MasterLeong]

Welcome back! Hoping oil counter can chiong so I can finally get rid of keppel.

you bought at what price?



I bought at 5.4x and sold off at 5.91 riao

previous I also bought at $8 and sold off at $8.80

KC is quite a good stock for trading, however full year earnings are likely to be weak and thus dividends are expected to be way lower for FY16

 

[MasterLeong]

SCI I expecting them to make around 20 cents this year
at near $3.00 its about 15 times earnings
I expect them to pay out around 10 cents dividends, so around 3.3% yield.. a bit on the low side

on the upside, its trading at 20% discount to book value with pref shares

excluding pref shares, book value could be just $3 or $3.30

I intend to fully divest SCI tomorrow if it opens flat or green

 

[Perisher]

Noticed many supporters and newbies here, just wanna caution abit, Market can swing either way fast and furious. DYODD.

 

[Takodoro]

you bought at what price?



I bought at 5.4x and sold off at 5.91 riao

previous I also bought at $8 and sold off at $8.80

KC is quite a good stock for trading, however full year earnings are likely to be weak and thus dividends are expected to be way lower for FY16

5.91.... Bought during the budget announcement. After the announcement, sti Lao sai

 

[MasterLeong]

5.91.... Bought during the budget announcement. After the announcement, sti Lao sai

Like that u have to pray hard that oil goes to $60

 

[MasterLeong]

In the long run i think oil should be around $50-60
Which is their cost of producing it

The cost of producing oil has fallen as technology improves
And this technology should continue to improve but at a slower rate

Just like how our computers keep getting cheaper ans faster from the1990s to 2010s but now hard to make a much faster computer

 

[thenakedshades]

I'm using MBKE platform. Min $10 commision with 0.18% brokerage. Still okay as long as >1k.

bro, can share where is the min $10 commission? Based on http://www.maybank-ke.com.sg/contact-us/faqs/ke-trade/ is 0.275%. Unless you are talking about KE Trade Prefunded?

 

[MasterLeong]

bro, can share where is the min $10 commission? Based on http://www.maybank-ke.com.sg/contact-us/faqs/ke-trade/ is 0.275%. Unless you are talking about KE Trade Prefunded?

0.18% is confirm pre funded one

 

[Average]

cheaper than scb abit... mbke pre

Sent from 穷小子 using GAGT

 

[thenakedshades]

0.18% is confirm pre funded one

Prefunded means like custodian account? So far I only been using CIMB. Charging me $27.50 etc per trade. Eating my profits

 

[MasterLeong]

Prefunded means like custodian account? So far I only been using CIMB. Charging me $27.50 etc per trade. Eating my profits

Prefunded they keep your shares

Cheap means they keep your shares
Cause u must sell from same place too

 

[MasterLeong]

Prefunded means like custodian account? So far I only been using CIMB. Charging me $27.50 etc per trade. Eating my profits

Try to save up 5k then hoot lor
Bo bian

 

[thenakedshades]

Prefunded they keep your shares

Cheap means they keep your shares
Cause u must sell from same place too

so it is like a custodian account. hmmm... Maybe I should sign up for MBKE too, just singed up for DBS Vickers should just log into iBanking and press a few buttons.

 

[thenakedshades]

Try to save up 5k then hoot lor
Bo bian

Still studying now so still taking allowance from parents to make ends meet. Although my trades are small, but just happy to see them increase even though small amount. Better than letting it rot in the bank.