*Official* MasterLeong Thread

[madtari]

Sure, as I mentioned before we ought to respect ur rights... you don't owe any of us here for a living. We have no rights to demand anything from u too!

anyway at the end of the day, really up to u guys if u all want to share your average cost for the stocks or not

for me, I now prefer not to share my average cost anymore, hope u all understand and sorry about it


my sgxcafe portfolio I also taken down already

cheers

 

[Asphodeli]

Saw an interesting blog post on FCL:

http://www.turtleinvestor.net/fraser-reit-etf-thinking-out-of-the-box/

Sent from Sony E6533 using GAGT

 

[lightchaser]

actually pple who undercut may not make more if they dun hv the EQ n sell at loss when mkt turn bearish . I seen so many kancheong spiders .

 

[OngHuatHuat]

Downtrend stock of coz people easy to undercut.

actually pple who undercut may not make more if they dun hv the EQ n sell at loss when mkt turn bearish . I seen so many kancheong spiders .

 

[Genosis]

actually pple who undercut may not make more if they dun hv the EQ n sell at loss when mkt turn bearish . I seen so many kancheong spiders .

Ya......there are people who blindly follow and copy the trades without really understanding the fundamentals of the companies

Similar to students who blindly copy homework wholesale without understanding..... When the final exam results come out, the teacher super stunned by so many poor performances.....'all my students could do their homework brilliantly, how come got so many failures?' Because most of them are just copycats

 

[akwl88]

SINGAPORE (Dec 27): The Singapore market faces several challenges in the year ahead, many of which are upcoming world events whose outcomes are beyond the predictive scope of analysts and economists.

In its Market Focus 2017 Outlook report this month, DBS Research presents various external factors which are likely to stand in the way of the city state’s progress as a financial hub – or vice versa.

• US rate hikes in 2017
After being sworn into the office on Jan 20 next year, investors will get a clearer picture of whether Donald Trump will keep his election promises, including higher interest rates. DBS expects by another four US rate hikes next year, lifting the Fed funds rate to 1.75% by end-217. Against the SGD, the greenback is higher by more than 3% to 1.43.

(See also: Fed raises rates, boosts outlook for borrowing costs in 2017)

• Intensified US-China tensions
The research house says “it is in all likelihood” that the US will withdraw from the Trans-Pacific Partnership (TPP), and that global trade will suffer if a trade war erupts between US and China, both of which contribute a total of 25% of Singapore’s non-oil domestic exports (NODX). Furthermore, DBS foresees Singapore’s trade with other Asian countries will also be indirectly impacted as a result of the trade tensions.

• Liquidity outflow
DBS observes “hefty” outflows from emerging markets (EM) and debt which began right after the US presidential elections, and also highlights Trump’s warning of imposing a 35% tax on companies that shift jobs and operations overseas. Noting that US is the No. 1 FDI contributor to Singapore, it reckons Singapore will suffer with its “small and open economy” should Trump carry through his policy intentions.

• Rise of EU populism
Europe is “the” region to monitor next year as countries accounting for about 40% of the European Union’s (EU) GDP go to the polls. Should right-wing parties seize power in the major European economies, DBS warns of volatility in financial markets as the EU’s very existence is threatened.

(See also: Europeans are waiting for these 5 upcoming elections with bated breath)

DBS hence sees downside risk for the EUR/USD to hit 1.04 by 3Q17; Singapore companies with currency and business exposure to Europe can be affected if the euro weakens sharply, adds the research house.

• Obstacles to oil price recovery
Although oil prices have been boosted lately as a result of supply-side pressures abating on news of the OPEC agreement to cut output in 2017, DBS cautions that US policies will still need to be watched.

In all, the research house highlights there is still uncertainty regarding the energy policy of Trump, which could add more pressure on the supply side in the medium- to long-term – given his vows to boost employment in the energy sector, revive investments in fossil and fuel businesses, and give lower incentives to promote green or renewable energy businesses.

Nonetheless, Singapore equities will benefit from a net positive should prices continue to head for “modest recovery as supply and demand reaches equilibrium”. Upstream exploration and production (E&P) players such as KrisEnergy will be the first-hand beneficiaries, while shipyards and offshore providers will see a lag impact, being at the bottom of the value chain, says DBS.

In addition, DBS says it expects merger and acquisition (M&A) activities to gather momentum, as it believes “several smaller cap asset owners are operating at negative cash flow with weak balance sheet”.

http://www.theedgemarkets.com.sg/sg...uld-make-or-break-singapore-market-year-ahead

 

[MasterLeong]

Ya......there are people who blindly follow and copy the trades without really understanding the fundamentals of the companies

Similar to students who blindly copy homework wholesale without understanding..... When the final exam results come out, the teacher super stunned by so many poor performances.....'all my students could do their homework brilliantly, how come got so many failures?' Because most of them are just copycats

very well said hahahahahaa

 

[MasterLeong]

Saw an interesting blog post on FCL:

http://www.turtleinvestor.net/fraser-reit-etf-thinking-out-of-the-box/

Sent from Sony E6533 using GAGT

as interest in FCL develops the stock may slowly go up, its still really undervalude

 

[akwl88]

this week is window dressing week

cheers to 2017

 

[lewissac]

Ya......there are people who blindly follow and copy the trades without really understanding the fundamentals of the companies

Similar to students who blindly copy homework wholesale without understanding..... When the final exam results come out, the teacher super stunned by so many poor performances.....'all my students could do their homework brilliantly, how come got so many failures?' Because most of them are just copycats

That's why copycats must keep evolve. They have to establish on how to copycat in the exam too

Btw, noon time, things start to change a lil bit. seeing more "green" chilli than "red" chilli

 

[MasterLeong]

STI recovering

now back to flat riao

2872 level now, still 10 points down from last year close

 

[MasterLeong]

Saw an interesting blog post on FCL:

http://www.turtleinvestor.net/fraser-reit-etf-thinking-out-of-the-box/

Sent from Sony E6533 using GAGT

FCL now 1.55 nia still very undervalued I feel

30% discount to NAV with 6 cents dividends to be paid out early 2017

 

[MasterLeong]

SCI and KC still pretty weak, pretty lucky that I sold 2 out previously like i mentioned to lock in profits and move into reits

 

[MasterLeong]

DBS looks into 2017
5 external factors that could make or break the Singapore market in the year ahead
By Michelle Zhu / theedgemarkets.com.sg | December 27, 2016 : 11:48 AM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Dec 27): The Singapore market faces several challenges in the year ahead, many of which are upcoming world events whose outcomes are beyond the predictive scope of analysts and economists.

In its Market Focus 2017 Outlook report this month, DBS Research presents various external factors which are likely to stand in the way of the city state’s progress as a financial hub – or vice versa.

• US rate hikes in 2017
After being sworn into the office on Jan 20 next year, investors will get a clearer picture of whether Donald Trump will keep his election promises, including higher interest rates. DBS expects by another four US rate hikes next year, lifting the Fed funds rate to 1.75% by end-217. Against the SGD, the greenback is higher by more than 3% to 1.43.

(See also: Fed raises rates, boosts outlook for borrowing costs in 2017)

• Intensified US-China tensions
The research house says “it is in all likelihood” that the US will withdraw from the Trans-Pacific Partnership (TPP), and that global trade will suffer if a trade war erupts between US and China, both of which contribute a total of 25% of Singapore’s non-oil domestic exports (NODX). Furthermore, DBS foresees Singapore’s trade with other Asian countries will also be indirectly impacted as a result of the trade tensions.

• Liquidity outflow
DBS observes “hefty” outflows from emerging markets (EM) and debt which began right after the US presidential elections, and also highlights Trump’s warning of imposing a 35% tax on companies that shift jobs and operations overseas. Noting that US is the No. 1 FDI contributor to Singapore, it reckons Singapore will suffer with its “small and open economy” should Trump carry through his policy intentions.

• Rise of EU populism
Europe is “the” region to monitor next year as countries accounting for about 40% of the European Union’s (EU) GDP go to the polls. Should right-wing parties seize power in the major European economies, DBS warns of volatility in financial markets as the EU’s very existence is threatened.

(See also: Europeans are waiting for these 5 upcoming elections with bated breath)

DBS hence sees downside risk for the EUR/USD to hit 1.04 by 3Q17; Singapore companies with currency and business exposure to Europe can be affected if the euro weakens sharply, adds the research house.

• Obstacles to oil price recovery
Although oil prices have been boosted lately as a result of supply-side pressures abating on news of the OPEC agreement to cut output in 2017, DBS cautions that US policies will still need to be watched.

In all, the research house highlights there is still uncertainty regarding the energy policy of Trump, which could add more pressure on the supply side in the medium- to long-term – given his vows to boost employment in the energy sector, revive investments in fossil and fuel businesses, and give lower incentives to promote green or renewable energy businesses.

Nonetheless, Singapore equities will benefit from a net positive should prices continue to head for “modest recovery as supply and demand reaches equilibrium”. Upstream exploration and production (E&P) players such as KrisEnergy will be the first-hand beneficiaries, while shipyards and offshore providers will see a lag impact, being at the bottom of the value chain, says DBS.

In addition, DBS says it expects merger and acquisition (M&A) activities to gather momentum, as it believes “several smaller cap asset owners are operating at negative cash flow with weak balance sheet”.

 

[MasterLeong]

this would be most key


US rate hikes in 2017
After being sworn into the office on Jan 20 next year, investors will get a clearer picture of whether Donald Trump will keep his election promises, including higher interest rates. DBS expects by another four US rate hikes next year, lifting the Fed funds rate to 1.75% by end-217. Against the SGD, the greenback is higher by more than 3% to 1.43.

 

[MasterLeong]

STI turned green ask telcos and reits rallied

 

[homer123]

I don't think the stock markets around the world can tahan 3 rate hikes in 2017

this would be most key


US rate hikes in 2017
After being sworn into the office on Jan 20 next year, investors will get a clearer picture of whether Donald Trump will keep his election promises, including higher interest rates. DBS expects by another four US rate hikes next year, lifting the Fed funds rate to 1.75% by end-217. Against the SGD, the greenback is higher by more than 3% to 1.43.

 

[MasterLeong]

This telco is still the subject of M&A market talk
By PC Lee / theedgemarkets.com.sg | December 27, 2016 : 1:16 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Dec 27): RHB is keeping its “neutral” call on M1 with lower target price of $2.05 given the emergence of TPG Telecom, dubbed a “potentially disruptive but likely rational” fourth mobile player by the research house.

In a Dec 23 report, RHB says M1 exhibited the largest revenue/EBITDA share decline over the past two years but has the biggest exposure to the domestic market with a lack of bundling strategy to retain subscribers.

The research house says M1 is highly susceptible to revenue and EBITDA pressure from TPG as M1’s mobile segment makes up 80% and an estimated 70% of the group’s 9M16 service revenue and EBITDA respectively.

M1’s bigger exposure to the more price-sensitive segment of the market could see revenue pressure intensify from FY18 as TPG launches new and attractively priced plans.

Already, existing competition from Singtel and StarHub and structural roaming revenue pressure in the industry have contributed to above-industry average decline in mobile revenue of 7% y-o-y in 3Q16 (9M16: -4% y-o-y).

M1 also posted the largest decline in revenue and EBITDA share in the industry over the past two years of 1ppts and 2.1 ppts respectively.

“We cut our FY18/19 core earnings forecasts by a further 10.1%/16.8% after building in stronger ARPU dilution of 20-23% (vs. 15-20% previously) and margin pressure from greater retention activities,” says RHB.

M1 had earlier downgraded FY16 earnings guidance after the release of its 3Q16 results with full-year earnings set to contract by “low to mid-teens” vs “single digit decline” previously.

However, RHB notes that M1’s focus on smart nation projects, cloud computing and internet of things (IoT) could help mitigate pressure on revenue and earnings in the medium to longer-term.

Meanwhile, M1 is still the subject of M&A talks in the market over the past year. This stemmed largely from potential corporate exercises involving its two major shareholders – Keppel Telecoms which holds a 19.5% stake and Axiata Group which holds a 28.2% stake.

Axiata was previously reported to be keen on raising its stake in M1 but management had denied talks of any negotiations.

As at 1.08pm, M1 is trading 1 cent higher at $1.92.

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[Mancunian2]

last few days of the year,
volume very low-prices can move from buying/selling a few k shares

prime time for manipulators

 

[Mancunian2]

I don't think the stock markets around the world can tahan 3 rate hikes in 2017

during 2005-2007, there were more than 3 rate hikes, US and SG stock markets rallied to all-time highs

just some food for thought