*Official* MasterLeong Thread

Status
Not open for further replies.

shareholder

Senior Member
Joined
Mar 17, 2015
Messages
1,308
Reaction score
2
The support is strong at sti 2926, shareholders unite! Next year interest rates go up, banks squeeze the debtors, profits gao gao, huat ah!
 

Takodoro

Senior Member
Joined
Jun 17, 2008
Messages
2,112
Reaction score
3
Last time my tp was 2$. Now if can reach 1.70$ i contented already.

Times have changed. Last time CCT no 1.3xx no buy, now is no 1.4xx no buy. This whole thread only I bullish on FCL. Why?

- Low volume = slow and steady
- People short-term bullish on FCT/FCOT/FLT, who benefit? FCL.
- People short-term bearish on FCT/FCOT/FLT, who benefit? Still FCL cause money come in based on NAV.
- Rate hike? Short term no impact cause loans are mostly fixed/hedged. Mid-term? FCL with their negotiating power and loan quantum, which bank wouldn't want to do business with them? Long-term? I believe in the fundamentals of Fraser group. Long-term despite of the storm, it would still come out good.
- Balance sheet position has improved versus June. The FS looks strong to me.

Just my $1.90. DYODD.
 
Status
Not open for further replies.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top