I lost money liao...:(

last SG · 2005-09-28T09:29:43+00:00

Yup. But it may be a blessing in disguise....

shade343 SG

I feel so sad.... Crying or Very sad

Based on today's closing price for Suntec REIT, I lost around $500 Sad

Why are all the Reits falling? Sad

gasband SG

Mapletree dropping?

But anyway....u remember I said I pulled out of buying Mapletree...I dun noe why but it was a feeling abt these REITs....its like anti-hype thing...everyone says so gd and it will fail....

Anyway, I think it will rise and I hope it will rise for you lah....i hate to see anyone lose money in the stock market.... Very Happy

shade343 SG

Why did you pullout? Maple isnt dropping. It looks like it has a resistance level of 90cents. Anyway, I sold for $1 liao. Waiting for opportunity to buy back.

shade343 SG

Crap CMT is already down 30cents since last week....I;ll be damned if this continues... Sad

meltz SG

finger burnt Mr. Green

k4korny SG

wah.. yest S-reit dropped 3 cents, and you lost $500. how many lots u holding? 15? rich sia.. Shocked

I wun be too worried abt S-reit lah.. Valuation looks ok. Capital Mall Trust I dunno.. based on yield and NAV per unit, current price seems to be fair-value. Unless it starts making acquisitions again to boost its yield.

now you know wat is a market downturn rite? somemore this isn't even considered a downturn yet. just a minor correction nia... I was expecting a lot worse from the STI. Laughing

shade343 SG

Laughing

I blame Ho Ching for this.... Mad Mad She is responsible for this mess. Thanks to Temasek dumping of shares plus her bad speech on REITs.

Anyway, I think I will be buying more Suntec. Heck Prime Reit.

DriftingGuy SG

Have you learned anything from this? Any valuable insights? Laughing

shade343 SG

NEVER TRUST TEMASEK HOLDINGS!!!! Mad Mad Mad

LeftBallBigger SG

Indo market & ruppiah going to d dogs..

be careful..be very careful..

Laughing

shade343 SG

Hmm…Im starting to eye Fortune REIT….

shade343 SG

no lah...I bought at 1.16. I thinking of buying more to average out.

CMT is currently trading at 92% premium. But dunno why analyst says its still good value. CMT now give 4.2% yield based on today's closing price of 2.39. F*** Prime Reit. They only give 5% yield. Last time they say want give 6%....those greedy baskets.... Mad Mad Mad

shade343 SG

I wonder how the market will perform later today... Laughing

browniebaobao SG

Take it as a lesson lor. $500 is not a lot. If it's $50k then jialat.

shade343 SG

Ah well...sometimes you gain and sometimes you lose, but the thing is: you must always gain in the long run. Laughing

shade343 SG

WTF!!! I MISSED SUNTEC AT 1.11 Mad Mad Evil or Very Mad

k4korny SG

Merill lynch made a ‘buy’ call on many of the SG reits. but i think the prices of reits will still be erratic cos of contra traders. be careful if you’re thinking of accumulating for the short term.

shade343 SG

I feel damn pissed now. Suntec is at 1.15 now...Opportunity wasted...all becos my mum didnt want to get more. She is more interested in this SCS....which I have no idea what type of business they are doing...

k4korny SG

so am i!! Evil or Very Mad Laughing

at 1.1, I was queueing for the price to go below 1.09 leh.. sigh.. too greedy. Rolling Eyes
if it goes towards 1.18 then it's not worth chasing liao..

shade343 SG

Eh....something isnt right. How come all The IPO list at 20cents all go down below IPO price? Confused

Lost another $300 liao Mad Mad Mad Mad