But you said you wanted long term investment, not for trading. Ya, CEO Ron Sim owns 70% and big name funds own 7% ( Blackrock, Templeton, Havenport and Acadian ) so why worry. They also buy back shares aggressively with huge pile of cash ( all real, unlike S-Chips ) Other divisional CEOs also have shares, so free float only abt 20% so cannot trade. Only great CEOs will employ ppl as smart or smarter to run his outfit. Remember ex DBS CEO Jackson Tai --- Ron Sim recruited him to run Brookstone USA. What a first class team, no worries. ( my views only ) By the way, dont be stingy , go buy the latest massge chair.
[hr]
[cheongwee 11-05-2012]:
relaxing,
i go look at Osim, wow, not liquidity at all, like those s-chip. if buy, stay here forever.
i dont like maasage chair, i love to be massage by human, i love SPA.
wait till it is play, i will be there, no worry.
cheongwee love fire, when there is fire, there i will be also,
sorry, not interested in osim,i dont need a piece of junk in my room to collect dust.
i still prefer the real thing, human hand, nothing is more prefect than human hand.
osim is not blues chip, i omnly long blues, fyi. as u said your view only, definitely cannot do with me.
no liquidity is dead. how good also i m not interested, unless there is play.i will be there.
[hr]
[relaxing 11-05-2012]:
But you said you wanted long term investment, not for trading. Ya, CEO Ron Sim owns 70% and big name funds own 7% ( Blackrock, Templeton, Havenport and Acadian ) so why worry. They also buy back shares aggressively with huge pile of cash ( all real, unlike S-Chips ) Other divisional CEOs also have shares, so free float only abt 20% so cannot trade. Only great CEOs will employ ppl as smart or smarter to run his outfit. Remember ex DBS CEO Jackson Tai --- Ron Sim recruited him to run Brookstone USA. What a first class team, no worries. ( my views only ) By the way, dont be stingy , go buy the latest massge chair.
[hr]
[cheongwee 11-05-2012]:
relaxing,
i go look at Osim, wow, not liquidity at all, like those s-chip. if buy, stay here forever.
i dont like maasage chair, i love to be massage by human, i love SPA.
wait till it is play, i will be there, no worry.
cheongwee love fire, when there is fire, there i will be also,
My suggusetion
take the loss for your s-chip and mid cap like Osim, then wait it out for mkt to crash. i believe one is coming in 2013. then buy a solid fundamental blues that pay lots of div and sit on it to go long.
never wrong. the more u look at s-chip the cheaper it become.
i have acc more of JEL again for long, JEL is better than s-chip, at least i know why it is cheap.
but s-chip only the china man CEO know , but you singaporean don't .
at least, i dies, i know how i dies, but u s-chip dies a sudden death.
I sound disturbing to you, u think i laugh at you, but actually i m helping you.
If you are interested in div, go for reit.
if u got say 500k of cpf , then min ave 7% , u got 35K, not bad, that was my payin 1 yr when i was working in HP. 500k spread out not in one counter, and dont do it now.
do this in 2013..i believe u see div of 20%