*Official* MasterLeong Thread

[mazatsushi]

my old sgxcafe portfolio already delete

this is new one... only put my portfolio in from this December onwards, its just to show my portfolio weight age on the 12 stocks i pick and their dividend yields

my historical XIRR is around 12% over 9 years

realized gains around 70k out of 300k portfolio (meaning 230k came from savings and dividends)

12% XIRR?!

Wealth gets doubled every 6 years?!

 

[MasterLeong]

i am like u. i bought big on telcos recently. i feel that it is oversold and the presence of the 4th telco is overdone.

its not even given a firm plan on how they going to expand. big promises but without a clear profit strategy. they just trying to milk people's frustration on the telcos recently and give them what they want. (data, flexible pricing).

virgin mobile anyone?

ya 4th telco doesnt not have a clear plan and the odds of a new startup going into a competitive/mature market is dangerously high to fail

the first 5 years will be key for the 4th telco

if they are successful they can capture 10% market share in the 5 years
if unsuccessful maybe 1-2 years go bankrupt and out liao... like how virgin mobile pumped 100mil a decade ago and failed after 1 year

 

[goh6570]

Thanks ML

I think the 4th telco worries is already mostly factored in liao

https://sg.finance.yahoo.com/echarts?s=B2F.SI#symbol=B2F.SI;range=2y

M1 fell from 3.99 high to $2 level.. down 50%

https://sg.finance.yahoo.com/echarts?s=CC3.SI#symbol=CC3.SI;range=2y

SSH fell from 4.4x high to now $3 level down 35%


if follow most analyst reports that dig down into the fundamentals

at worst case/most bearish case, the forecast is around 20% drop in earnings over the next 5 years due to 4th telco


stock price fell way more than fundamentals justified, that's why I bought big on telcos

30k on M1, 30k on SH, 20k on ST

80k BIG BET on telcos, around 25% of my portfolio

 

[MasterLeong]

12% XIRR?!

Wealth gets doubled every 6 years?!

yup 12% XIRR

but now my portfolio bigger and I taking lesser risk, so I think my returns will be lower from now on... I aiming 10% only


also last time I had 150,000 shares of challenger, 15k become 75k earned a lot that's why my returns so high... if exclude this position maybe my XIRR only 6-8% over the decade

http://www.nextinsight.net/index.ph...-journey-5-years-with-challenger-technologies

 

[goh6570]

I never mind one, I am ok to repeat

cause always got different people ask me the same questions one hahhaaha

appreciate you being patient

 

[Takodoro]

I never mind one, I am ok to repeat

cause always got different people ask me the same questions one hahhaaha

ML is always chatty and friendly

A bit naggy at times but questioning you on your trades. But some people tend to take it into their heart too much.

 

[goh6570]

And he had explained his view on this in at least 2 previous posts if you had read a bit further down. But not my thread, if TS is patient to keep repeating, good for him. I didnt intend to chap one leg in,so do ignore me.

i confirm will not stay in this thread if it is your thread
i hang around here, cos of ML

 

[goh6570]

ML is always chatty and friendly

A bit naggy at times but questioning you on your trades. But some people tend to take it into their heart too much.

yes he is friendly, chatty and helpful...
that is why he is so popular mah
i stay on cos of his good analysis and patience to guide others along.. thumbs up!

 

[MasterLeong]

the risk of industrial reit and tenant defaulting





Soilbuild REIT has announced that the Lease Agreement
between Soilbuild REIT and Technics Offshore Engineering Pte Ltd
has been terminated with effect from 9 Dec 2016. The Manager of
the REIT is currently searching for new tenants to lease the
property located at 72 Loyang Way. As of the date of
announcement, ~S$3.9m of the bank guarantee of S$11.8m
remains unutilised, which is equivalent to approximately five
months’ rent and property operating expenses. If the Manager is
unable to find a new tenant willing and able to pay a similar rent
prior to the full utilisation of the security deposit, there would
accordingly be an impact on Soilbuild REIT’s DPU. (9 Dec)

 

[thenakedshades]

Morning ML, is REITs and Telco at port again?

 

[MasterLeong]

Morning ML, is REITs and Telco at port again?

I think the current yields are decent and worth buying for sure

I am 45% vested on reits

25% vested on telcos


balance in banks/CDG

 

[goh6570]

Questioning on trade is good. It makes me think 'erm what did I miss out?'

At the end of the day, it is still me pressing the 'buy' button ma.

yes ultimately we decide what to buy
ML can only give his 2 cents and analysis..

 

[Takodoro]

DBS ganna shortist attack.......opinions on how long it would last?

 

[thenakedshades]

I think the current yields are decent and worth buying for sure

I am 45% vested on reits

25% vested on telcos


balance in banks/CDG

I'm thinking of going for CCT + CMT + SH as a start. Decent?

 

[Denikeve]

So this is thread that people is talking about....

 

[chuanz]

even if big 4 auditors doesnt mean the book is 100% zhun

when investing must use common sense to guide you

blue chip with real assets like CMT, u ownself can go down see, feel, touch the assets... you know 100% is real

previous blue chip like noble was like a black box.. u dunno the assets real or not and how to value it

if they put a farm in Africa worth 100 mil, auditor how to check? you how to confirm if its really worth that much?

Yea... this! Real life example: PwC was Celestial Nutrifoods auditor. So what? Didn't stop the coy from run road with investors's $$$. Everything was fine and dandy until collapse. Soy farm and factory in China... how many % real or fake only those insider knows.

 

[MasterLeong]

yes ultimately we decide what to buy
ML can only give his 2 cents and analysis..

Ya u all ownself decide

If boom dont blame me can already hahaha

 

[MasterLeong]

DBS ganna shortist attack.......opinions on how long it would last?

If real bull market its easy for banks to go back to 1.2 times book

 

[MasterLeong]

I'm thinking of going for CCT + CMT + SH as a start. Decent?

Yup would be a solid base for 6% solid dividends

 

[goh6570]

Ya u all ownself decide

If boom dont blame me can already hahaha

yaloh... cannot blame u la...
u only give advice, to follow or not, we decide lo
cannot anyhow follow blindly la
must DYODD ma