Hi relaxing,
It is comfort to see that the management owns much more shares in the Company.
At least, they will not kill themselves without realizing their profits.
Having said that, I do believe some S-chips are in danger of blowing. I will stay clear of them no matter how much stake the management holds.
Hi csltay8033,
The market may prove me wrong at the end. But at least, it is my own mistake that led to my loss and my own credit if I make it.
No regrets.
Chelsea is a delight to watch. I like their British bulldog style with a bit of class. Football is afterall a man's sports. Sometimes, it is the toughness that makes the sports stands out.
Hi peter lee,
I am looking at the property sector. There are so many negative media news in the market at the moment on this sector. But if you dig deeper, you will find interesting truth about what is really going on. And you will find interesting catches.
I am also looking at S-chips. But I am very selective on this. I believe the bad sentiments towards S-chips will stay for 6-12 months at least. I pick those that I believe has a story to tell and the endurance to last this crisis.
Last, I am looking at luxury consumer companies. Asia is evolving and it is likely that the rich will get much more richer. As long as the company has a presence in a market with sufficient market potential (Singapore excluded), I am willing to consider.
Hi MacGyver,
I'm also feeling the property stocks are good bargain now. I never hold any property stock since, but think the property market boom will here to stay for a couple of years.. may be a slower pace.
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[MacGyver 22-06-2011]:
Hi peter lee,
I am looking at the property sector. There are so many negative media news in the market at the moment on this sector. But if you dig deeper, you will find interesting truth about what is really going on. And you will find interesting catches.
I am also looking at S-chips. But I am very selective on this. I believe the bad sentiments towards S-chips will stay for 6-12 months at least. I pick those that I believe has a story to tell and the endurance to last this crisis.
Last, I am looking at luxury consumer companies. Asia is evolving and it is likely that the rich will get much more richer. As long as the company has a presence in a market with sufficient market potential (Singapore excluded), I am willing to consider.
Hi Penghock, I am not a fan of prop stocks currently as the supply is getting really big, which will keep prices down -- I am not complaining because SG property prices are ridiculously high. People will have to work all their lives to pay off the mortgage, which is a sad thing cos you are a slave to your job.
on the other hand, I am looking to pick up construction stocks ( such as Lian Beng, Wee Hur, etc).