*Official* MasterLeong Thread

[Tornesoul]

Sheng siong rly tumbling, 0.93 now

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[Dividends Warrior]

Sheng siong rly tumbling, 0.93 now

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I might TP @0.90

 

[Tornesoul]

I might TP @0.90

My old entry price before the SS bull haha. Last time 0.6, regret see see, no action lol.

Looking at last executed trades for CMT. How r ppl still buying 100 shares each transaction??? After no moee 'no min comm' for scb... Dont tell me these ppl paying 10 dollar comms???

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[MasterLeong]

By then hopefully sgx bond mkt improves w the smaller corporate bond lots

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Actually i quite worried about the bond retail market
Hyflux and other junk bonds at 6% are pretty risky
We may see the first retail bond default next year
This year 2016 we saw some marine corporate bonds defaulting and restructuring already

 

[wiz]

Anyway 1-2 years later when interest rates goes back to 3% for risk free
Corporate bonds would be paying around 5%-7%, so maybe will move the 200k from fd/ssb to build a bond portfolio also possible

You still have another 200k wow haha

This is your best bet wait for the corp bonds yielding 5%

You should really get a 'job' and meet people you may find someone suitable who have similar financial status and have common interests. It will be fun to travel around the world funded by your dividends

 

[Dividends Warrior]

Looking at last executed trades for CMT. How r ppl still buying 100 shares each transaction??? After no moee 'no min comm' for scb... Dont tell me these ppl paying 10 dollar comms???

Sent from Sent from where? using GAGT

Could be those monthly DCA programmes from POSB or OCBC.

 

[wiz]

Actually i quite worried about the bond retail market
Hyflux and other junk bonds at 6% are pretty risky
We may see the first retail bond default next year
This year 2016 we saw some marine corporate bonds defaulting and restructuring already

I heard Hyflux prep bond is yielding 12%...

 

[MasterLeong]

I heard Hyflux prep bond is yielding 12%...

That one is yield to maturity
Market is pricing the bond at risk of defaulting

 

[Tornesoul]

Actually i quite worried about the bond retail market
Hyflux and other junk bonds at 6% are pretty risky
We may see the first retail bond default next year
This year 2016 we saw some marine corporate bonds defaulting and restructuring already

Ah ok makes sense. I was thinking along the line of blue chip, rated bonds haha.
Like cmt etc

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[wiz]

That one is yield to maturity
Market is pricing the bond at risk of defaulting

I will not touch it , Creative alarm bells ringing. Another great SG company bites the dust

 

[Tornesoul]

Could be those monthly DCA programmes from POSB or OCBC.

Mmm. Had the impression they buy lump sum once a month and distribute internally. Am i wrong? Dont own a dca programme from the banks

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[Tornesoul]

wah CCT. why lao sai?

dunch tempt me leh

Previously lower though. I see like only june july then shoot up. Although still far below nav right? Ps on hp

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[akwl88]

Previously lower though. I see like only june july then shoot up. Although still far below nav right? Ps on hp

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NAV ($) b
1.7468

http://cct-trust.listedcompany.com/stock_fundamentals.html

 

[akwl88]

SINGAPORE (Dec 16): DBS Group Research is keeping its “fully valued” calls on M1 and StarHub, with earnings for the two telcos forecast to decline by 38% and 25% respectively by 2020, compared to 2015 levels.

DBS lowered its target price for M1 to $1.78, from $1.97 previously. Meanwhile, the target price for StarHub was lowered to $2.65, from $2.80 previously.

In a report on Thursday, DBS analyst Sachin Mittal says that even in the worst-case scenario for newcomer TPG Telecom, where it only manages to secure 6% revenue share of the telco market, M1 and StarHub stocks offer “limited upside potential”.

TPG on Wednesday made a winning bid of $105 million – three times higher than the minimum reserve price of $35 million – to defeat MyRepublic in the race to become Singapore fourth mobile operator.

(See TPG Telecom wins race to become Singapore’s fourth telco)

The Australian telecommunications company will be provisionally allocated 60 MHz of spectrum, comprising 20 MHz in the 900 MHz spectrum band and 40 MHz in the 2.3 GHz spectrum band, to provide International Mobile Telecommunications (IMT) and IMT-Advanced services such as 4G services.

“TPG with an annual EBITDA of A$770-775 million ($819-824 million) and FY16 (July year-end) net debt-to-EBITDA at 1.6x, has enough room to raise over $500 million to $1 billion required to roll out a mobile network,” says Mittal. “We project TPG to secure 8.5% revenue share by 2022.”

Due to its higher exposure to mobile revenue and a more price-sensitive subscriber base, Mittal says M1 – the smallest of Singapore’s three incumbent telcos – will be most impacted by the entry of TPG.

Cellular revenue accounted for approximately 68% of M1’s 3Q16 revenue.

“As a result, we expect the revenue share of M1 to drop from 18% in 2015 to 14% by 2022,” Mittal says.

DBS projects that M1’s total revenues will contract by 19% by 2022 from 2015 levels, while earnings decline by 38% during the same timeframe.

StarHub is expected to fare better than M1, with less reliance on mobile revenue, which made up 51% of total revenue in 3Q16.

“StarHub has also introduced more fixed-mobile bundling offers to reduce the loss of revenue share to a new entrant,” Mittal says.

DBS expects StarHub’s revenue share to drop from 30% in 2015 to 27% by 2022.

As a result, StarHub’s group earnings are expected to drop by 25% by 2022, compared to the 2015 level.

As at 12.36pm, shares of M1 are trading 1 cent higher at $1.96, while shares of StarHub are trading 1 cent higher at $2.82.

 

[orhanzi]

I mentioned my life story in detail a few times here liao
I mostly made my money from grinding online poker tournaments for 8 years
Hdb flat was inherited last year
Been a full time investor since early 2012
Previously work in bank two years an equities dealer

If u wanna become rich, go read rich dad poor dad

The rich buys assets
The poor buys liabilities

online poker from those 3rd party site ah ? winnings can redrawn out meh ? i thought ban ?

 

[goh6570]

CCT order just filled ar 1.490

 

[mazatsushi]

Previously work in bank two years an equities dealer

I inside FinTech already need maximum concentration and accuracy for 11+ hours daily, nowdays very careful on how weekends and holidays are spent so as to avoid burnout.

How did you survive 2 years in the front office sia?

 

[MasterLeong]

Ah ok makes sense. I was thinking along the line of blue chip, rated bonds haha.
Like cmt etc

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Cmt bonds 3% interests only quite low

 

[MasterLeong]

online poker from those 3rd party site ah ? winnings can redrawn out meh ? i thought ban ?

I used to play on pokerstars, over 300k winnings from tournaments

winnings can be wired to local bank account with no problems in the past

and sadly banned already, if not I would surely continue

 

[[M]aiev]

pway online poker and used the money to invest insai financial market

Jin satki