*Official* SGXcafe Thread

[TheIntelligentInvestor]

Day Change +109.193 (+0.02%)

M1 dividends of $1k in today. Increase position in UOB

Consolidated to 22 stocks and 3 fixed income securities.

 

[Average]

capland also due to fair value losses. will fcl suffer the same tmr? probly

 

[Average]

Day Change = (+0.78%)
P&L = (-2.2%)
P&L + Dividends =(+0.6%)
P&L + Dividends + Closed = (+0.4%)

portfolio green again! today's ara hoot not added yet

 

[TheIntelligentInvestor]

UOL 2Q earnings down is mainly due to the valuation losses.

Hock Lian Seng reports their 2H as total instead of quarterly look. Anyway, if split them into individual quarter, 2Q16 earnings look much better than last year.

 

[Average]

UOL 2Q earnings down is mainly due to the valuation losses.

Hock Lian Seng reports their 2H as total instead of quarterly look. Anyway, if split them into individual quarter, 2Q16 earnings look much better than last year.

thanks for hock lian seng update.


btw i received sb reit egm notice... aquisition of bukit batok connection...

 

[StockBot]

capland also due to fair value losses. will fcl suffer the same tmr? probly

likely so

now all the companies earnings all quite weak sia

 

[potNPan]

Cost = 14,877.49, Current Value = 14,999.5
Day Change = -30.5 (-0.21%)
P&L = +122.01 (+0.82%)
P&L + Dividends = +277.21 (+1.86%)
P&L + Dividends + Closed = +1,098.86 (+7.39%)

Lack of diversification continues to make my portfolio swing in weird ways, and likely won't be any change to allocation until my next scheduled dollar cost averaging in Q4.

 

[StockBot]

capland also due to fair value losses. will fcl suffer the same tmr? probly

so many fair value losses... maybe due to Q2 got brexit

those with UK exposure, they lower down the value of their properties in that area?

FCL around 10%+ assets in UK, might get hit too

must be prepared

 

[lbs]

in a way, now that the economy is weak, most companies will be more liable to book losses... fair value gains or losses with properties just take it with a pitch of salt bah... hang on tight..

 

[StockBot]

cause all these fair value losses

the book value will become lower and thus stock price becomes lower too

that's why previous market already sold these property counters down to 30-50% discount to book value

 

[Average]

cause all these fair value losses

the book value will become lower and thus stock price becomes lower too

that's why previous market already sold these property counters down to 30-50% discount to book value

learnt something new today...

 

[lbs]

cause all these fair value losses

the book value will become lower and thus stock price becomes lower too

that's why previous market already sold these property counters down to 30-50% discount to book value

perhaps this idea of buying companies for its NAV is truly done and dusted in sgx. perhaps only discount to cashflow matters...

let's wait a while and see how. UOL still have UOB to depend on for refinancing... won't go too far south no matter what.

 

[OngHuatHuat]

Pay more attention to corporate second quarter earnings. Likely to be weak for most companies.

 

[Genosis]

cause all these fair value losses

the book value will become lower and thus stock price becomes lower too

that's why previous market already sold these property counters down to 30-50% discount to book value

Value trap?

 

[StockBot]

perhaps this idea of buying companies for its NAV is truly done and dusted in sgx. perhaps only discount to cashflow matters...

let's wait a while and see how. UOL still have UOB to depend on for refinancing... won't go too far south no matter what.

I think must see which industry ba

for banks and property counters, book value matters a lot to me... however must also investigate their asset quality...

for tech or service counters like telcos... I see cash flow a lot too

 

[StockBot]

Value trap?

value trap or not must see asset quality

if 2 property counters trade at $2 with a NAV of $3

one is called

Capitaland


another is called

China Super Land


I will go for the blue chip with track record and higher chance of good quality assets

 

[TheIntelligentInvestor]

perhaps this idea of buying companies for its NAV is truly done and dusted in sgx. perhaps only discount to cashflow matters...

let's wait a while and see how. UOL still have UOB to depend on for refinancing... won't go too far south no matter what.

For property counters, looking at NAV alone is not wise as valuation varies with the economy. I would not totally ignore it either, but consider it with other measurements, ie PE, FCF, strong Cash, Low debt, dividends, ROE.

 

[starfish.starfish]

btw u ever considered averaging down your KC and SCI?

yes, and when I do so, most likely will average down SCI first then KC.
But no hurry yet, aiming other stocks first.

 

[StockBot]

Portfolio

Beta = 0.90, VaR = 8.90%
Expected Shortfall = 12.99%

SGD
Cost = 294,332.942, Current Value = 294,128.34
Day Change = -639.86 (-0.22%)
P&L = -204.6 (-0.07%)
P&L + Dividends = +8,347.75 (+2.84%)
P&L + Dividends + Closed = +73,075.28 (+24.83%)


portfolio back in red, mainly due to drag by banks especially DBS

GG MAX

 

[xersion]

Portfolio

Beta = 0.74, VaR = 11.09%
Expected Shortfall = 23.25%

SGD
Cost = 16,767.17, Current Value = 15,552.918
Day Change = -20.2 (-0.12%)
P&L = -1,214.25 (-7.24%)
P&L + Dividends = -1,101.55 (-6.57%)
P&L + Dividends + Closed = +1,243.18 (+7.41%)

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