STI index

reyes SG

For those who had made some money during the past week rally.

personally, i feel this rally is not sustainable.

probably stocks will be down again after US election when hedge funds, investors will be starting at the real issues. US earning outlook, weak consumer confidence and the credit crunch.

maybe time to take profits and head for the sidelines.

there maybe more redemption from the hedge funds in the pipeline as we headtowards the end of the year.

good luck!

reyes SG

STI will contrinue to trend lower.

employment data coming is not going to be good.

Mutual funds redemption will continue continue mid Nov.

That is one of the reason why market is being drag lower.

consider entry at about 1500-1600 for a range bound play.

de_middle SG

half of what it used to be a year ago....

charlize SG

A few years back during the SARS crisis, I think the index was below 1000?

Now with the looming severe recession coming next year, my view is that the index might drop even more.

Hard to find any good reasons for it to go up.

angel7030 SG

Basically, it year end, greeting and holiday seasons, guess there will be alot of cooling effect off the stock, but consumers spending will rise but not as vibrant as the past few years. Hopefully, with these spending, the markets can remain sustainable until begining of next year, when you may see a total bearish market yet to be seen.

eagle SG

I'm slowly accumulating one particular stock trading way below it's 200 day moving average, and my average price gives me 6+% dividends yearly at the moment

At the current price, it is near 8% dividends... I'm waiting to average down further

charlize SG

I'm slowly accumulating one particular stock trading way below it's 200 day moving average, and my average price gives me 6+% dividends yearly at the moment

At the current price, it is near 8% dividends... I'm waiting to average down further

SPH?

angel7030 SG

A few years back during the SARS crisis, I think the index was below 1000?

Now with the looming severe recession coming next year, my view is that the index might drop even more.

Hard to find any good reasons for it to go up.

Sars crisis is not worldwide, it effected a few asian countries, unfortunately, Sg was one of them, and it suffered greatly, nothing can help it. Today, we face a world recession where all countries share the same sentiments, all are trying to boost the economy into the blue spot as the lost is more widely spreaded, so i predict we wouldn't see a situation worst then the Sars period. It will be low, but sustainable in that position up and down within the 5% extreme.

eagle SG

SPH?

yeap

May they raise their newspaper price even more

angel7030 SG

I'm slowly accumulating one particular stock trading way below it's 200 day moving average, and my average price gives me 6+% dividends yearly at the moment

At the current price, it is near 8% dividends... I'm waiting to average down further

wha, so cham, only 8% dividends with a lower price. why not put in bank for a fix of 3 months, can also get 8 to 10%.

charlize SG

yeap

May they raise their newspaper price even more

I think SPH's main source of revenue is through the advertisements.

In a recession, not many people will want to advertise as they will tighten their budgets.

eagle SG

wha, so cham, only 8% dividends with a lower price. why not put in bank for a fix of 3 months, can also get 8 to 10%.

Fixed D is much less liquid

and if compare foreign fixed D with stocks, capital appreciation due to currencies (if any) is much less than getting stocks at this time. For SPH, there's a high possbility of 30% capital appreciation at the moment.

And for STI ETF, the possibility is 100% at the moment with a target time horizon of 5 years, and we can wait till sti drops to 1200 to buy in, giving us a high probability of reaching 200% capital growth. Compare this to your measly 10%, I rather take this 'risk' to buy STI ETF.

eagle SG

I think SPH's main source of revenue is through the advertisements.

In a recession, not many people will want to advertise as they will tighten their budgets.

SPH will be part of my long term holding portfolio, with a time horizon of 30+ years...

angel7030 SG

SPH will be part of my long term holding portfolio, with a time horizon of 30+ years...

Hope u live long enough to see it...

eagle SG

Hope u live long enough to see it...

30 years from now, I would still need more than 10 years to reach retirement age.

zaxis SG

SPH buy back "old newspaper" "old magazine"

APB buy back "emptied bottle"

likedatosocan SG

DBS to lay off 900 staff by end Nov
Posted: 07 November 2008 1355 hrs

Photos 1 of 1
Development Bank of Singapore Related News • DBS reports 38 per cent fall in Q3 profit

SINGAPORE: DBS, Singapore's largest bank and one of Southeast Asia's largest bank, has announced that it will be laying off 900 staff by the end of this month.

DBS said the job cut will come mainly from Singapore and Hong Kong.

At a news conference to announce its third quarter results on Friday, DBS Group CEO Richard Stanley said this forms six per cent of its total workforce and is the largest job cut ever.

The job cut will be across all businesses and all levels.

Laid off staff will be paid the equivalent of one month's salary for every year of service as per market practice.

DBS said it has no plans to cut beyond this and also clarified that there are no plans for salary cuts.

Back in 2001, DBS laid off 200 staff in Singapore and implemented pay cuts. - CNA/vm

whiskers SG

No need sti... we can go NYSE invest Citibank, Or LVS... Or you can go london invest Barclays... Or we can go aussie land and invest ABC.... Dun trust me?
these tips are not from me, they from experts who are paid sun and stars ok?
buy these stock and you will huat!!! Huat like Ho Ho HO

reyes SG

STI recovered much of the earlier day lost and end up higher.

however, i still dont see how much this rally can last as there are really nothing to cheer abt. much of the 3Q earning are down or missing estimates. things are just gona be worse off for 4Q08, 1Q09.

i had done a brief study on china market. to me it is getting worse faster than most ppl thought! any growth below 8% will cause millions of unemployment in major cities and force domestic consumption to drop. Not to mention the China GDP of around 40% are derive from export base. this section of the economy has already been hit!!

angel7030 SG

STI recovered much of the earlier day lost and end up higher.

Hike Fuhrer,

We therefore need to be caution and conservatives, regroup and wait for the right moment, China market now is very vulunerable, better dun take the risk. As said, things will get worst in 2009, how worst is it, nobody really knows, but certainly it will be more worst than now.

Angel

Field Marshal