*Official* MasterLeong Thread

[MasterLeong]

Sometimes the hardest trade is getting out of a bad position
To learn to swallow pride and take the pain is a higher level of being an investor

 

[Average]

read the posts and i thot singpost crashed today...

Sent from 穷小子 using GAGT

 

[yihao93]

Alibaba after ipo had too much cash on hand
They blindly when on a acqusition spree

Then learn from mistake ba
Even now cut losses at 1.5x is only lose 10%

Better to loss 10% and learn from mistake
Than to keep hugging and praying for miracle

Sure that singpost maybe go higher but that would all be luck, and zero on analysis and funfamentals

Small
Position only , tong for Alibaba then fat game sell off

 

[lbs]

the balance sheet of SingPost is not as solid as it was 5 years ago. They looked like two different companies add together.

No business last forever. Not even one that has Temasek as the major shareholder.

 

[lewissac]

wah win all the fd and cimb fast saver now!

Sent from 穷小子 using GAGT

Yeah, that's what I thought too. Interest way better than FD rates. Gonna hoot more.

 

[madtari]

Can the same be applied to sph as well? Ever since they sell away their properties to sph reits, sph dpu has been dropping with its revenue.

the balance sheet of SingPost is not as solid as it was 5 years ago. They looked like two different companies add together.

No business last forever. Not even one that has Temasek as the major shareholder.

 

[MasterLeong]

Small
Position only , tong for Alibaba then fat game sell off

Small or big position also have to put in your best effort
Anyway really up to u all de la

I just hope at the end of the day those in this thread learn about the dangers of picking a bad stock

 

[Takodoro]

Yeah, that's what I thought too. Interest way better than FD rates. Gonna hoot more.

What's the context?

 

[PoGooo]

Any thoughts on buying SPH shares at its current price?

 

[Takodoro]

read the posts and i thot singpost crashed today...

Sent from 穷小子 using GAGT

This is why I respect ML shifu. He is direct and into your face.

Some people may find it offensive/naggy though

 

[MasterLeong]

Can the same be applied to sph as well? Ever since they sell away their properties to sph reits, sph dpu has been dropping with its revenue.

Sph confirm bad fundamentals
Media business is dying, only a matter of time before they out of sti 30

 

[MasterLeong]

This is why I respect ML shifu. He is direct and into your face.

Some people may find it offensive/naggy though

Previously i also direct and in the face to sabana and soil build reit shareholders
They lose money i will not pity them one
Sometimes u have to learn it the hard way then will wake up

 

[MasterLeong]

Any thoughts on buying SPH shares at its current price?

Even if half price to book, i also will not buy sph

 

[MasterLeong]

Singpost i really super bearish
If i was trader, sure short it
TP $1.00

 

[lewissac]

Sph confirm bad fundamentals
Media business is dying, only a matter of time before they out of sti 30

Haha very true. These days I don't even buy hardcopy newspaper/magazine to read. And SPH e-paper/e-magazine is so expensive...

 

[MasterLeong]

However having said that
A risining tide lifts all boat
If sti continues to chiong and breaks pass 3000
All stocks will go up including the poor fundamentals one
Then that one count yourself lucky and use the opportunity to get out of stocks with bad fundamentals ba

 

[MasterLeong]

Haha very true. These days I don't even buy hardcopy newspaper/magazine to read. And SPH e-paper/e-magazine is so expensive...

Nowadays everything read online for free riao
Sph eventually will become pure property player

 

[Takodoro]

Nowadays everything read online for free riao
Sph eventually will become pure property player

Singapore property holding?

 

[MasterLeong]

Singpost their core postage business still a cash cow
But their past acqusitions in the 5 years were shady and likely not for the benefit of shareholders
I expect ang mor ceo to take a huge write off in 2017 and go back to basic
After the purge, singpost fair value would likely be around $1 the pre all these nonense levels

 

[MasterLeong]

Do note that although i am bearish
I am not shorting singpost nor will i buy singpost even if it falls to $1
I am just expressing my honest views
No hard feelings
Cheers