shade343 SG I was about to say something about Temasek..... But then I realised that Ho ching is not = to Temasek Holdings. But hey! Shes a veteran Investor, so why not leverage on her advice?
industrie SG Aspial Corp and Stamford Tyres are good buys... U buy now...in 6 mths or 8 mths time u sell...confirm earn money. Trust me man. Oh yes...2 weeks ago..my lao peh told his broker to help him buy cheung Kong holdings..around 20 lots...then the broker heard 30 lots and went to buy for my lao peh. When my lao peh found out...he was like ...he had to cough up extra 200k to pay up.
shade343 SG What shares does your dad invest in? Anyway, Aspial share price went up liao. Going in at this moment might be risky. Stamford tyres looks OK. But people seems to have forgotten the fact that an employee siphoned a few million from them sometime earlier this year.
industrie SG Yes...li ka shing's company...now trading at 80 hk dollar plus...historically...it reached 130hk dollars...heard from my dad dat li ka shing bought some shares at 85 dollars...so i guess its a good idea to follow that tycoon...hopefully nothing goes wrong. My dad buys a huge assortment of shares...he dumped 80% of his money in property stocks which he bought in 2002/2003....now its at least 50% gain. Well...my dad is lucky to have made money...but nothing has changed in our lifestyle...hes damn budget...very stingy. shaded343...how bout u?...ur folks influenced u too?...wat do they buy/bought?? Anyway...i read some of ur threads....its true that ppl only talk about their profits...and not their losses... My dad lost 400k in malaysian companies...now he refuses to buy them liao...
shade343 SG Judging from what your write in your signature, I guess you are just another guy who will ask money from your daddy to invest in shares. I was influenced by...50% parents, 25% Fund Managers and 25% SGX Seminars. I use my mum's money to invest in these shares. Its dangerous to follow Li ka shing. That a$$ sold Suntec Reit and increased his stake in Fortune Reit. Becos of his actions, Suntec came crashing down. I rather follow Ho Ching and Oei Hong Leong than follow li ka shing. Besides, Cheung Kong Land is rather expensive now. They made a huge cash investment in the BFC by paying a premium for it. If this business venture turns out to be unprofitable, I forsee the value of CKH dropping to 60HKD. Why not ask your daddy to buy Prosperity Reit and LINK Reit?
industrie SG Oh well...as much as i want to use my own funds...its a pity i dun have any to start with. So am just like u...using our folk's money to play... Well...in investments...theres no such thing as a sure thing...there are many perspective and views...guy A may think this company is worth buying...but guy B may think its not... We won't know whos the winner till the end. So when my dad bought property shares...he was banking on a revival in the property sector in the later yrs...and luckily enough..it did and he earned some $. Anyway...u seem like a pretty investment-savvy person...as the saying goes...there is money to be made everywhere...hopefully we all can earn some $$. Oh well...just hope dat the stupid bird flu, us budget and trade deficit, and rising oil prices won't affect the stock market too much. Or else we will have to survive on maggi mee soon. Well..on another note...li ka shing, ho ching, oei hong leong are big names...watever their actions are...it will definitely affect the market somehow. Both positively and negatively.. Hmm...my dad ain't to interested in reits...i think he said dat the earnings was not sustainable or smthg..ain't too sure. Will ask him more about it tml...
shade343 SG Does your Daddy invest in Singapore shares? How about Futures, Commodities and forex? Does he invest in Local Real Estate also? Why doesnt your daddy use a online brokerage to trade shares? Its cheaper.
industrie SG I think 80% of his investments are in singapore shares. 15% in HK...and 5% in malaysia... My dad doesn't play futures, commodities or forex...he reckons its too risky...doubt he plays warrants either. he thinks its a ploy by the bank to earn ur money. Local real estate??...Nah...rental returns are too low...one house in sg is more than enuff...and dats for us to stay in. He has 2 condo apartments in KL though which is rented out. last but not least, my dad is an old fart who still prefers trading shares using a broker. besides...he doesn't really trade stocks DAT often...he buys and keeps for a period of time. I heard that the brokers fees are capped at 0.05% now right.?... How bout u?...wat does ur dad and mum invest in?
shade343 SG Well, mainly, its my mum who has the major investments in shares. My dad has parked most of his cash in 2 condos which are currently rented out at the moment(rented out by me :mrgreen Broker charges $40 per transaction or a certain percentage depending on the number of shares being transacted and whichever is higher. Online broker charges $25 per transaction unless its more than 50 lots. My parents no longer invest in foreign stocks after the pegging of the ringgit incident. But they do invest in commodities and forex. I tried futures for myself and found it quite fun. Made 7k in a week. But futures is a VERY risky thing. Btw, are you a local student here? from which JC or poly?
industrie SG Am from SP 3rd yr... Well..my dad always believes in being asset light...and cash rich... I had an uncle who bought 5 or 6 properties...and when his business was bad...he had trouble servicing the loans and had to sell off 1 or 2 of the properties. Is ur dad's condos fully paid for?...When did he purchase them?.. Wow..u are really daring. I guess our folks have quite an influence on us...i still believe in buying shares...not warrants or futures. I am trying to pester my dad to buy a car for me...but hes too stingy... earn money but nv share with me...sobzz...
shade343 SG What course are you in? Lemme guess...DBA? Well, Im not sure on the status of the condos... Cash rich and asset light would be a startegy for me before a crisis. However, during a crisis, I will be on a shpping spree. If Singapore tio sars again, I would be damn happy man! I still remember the joy of buying SIngtel at $1.40 and buying Hyflux for $1.20 makes me excited. Nowadays, Im focussing more on REITS....as thats my area of study in SP.
industrie SG Am in a property course...not sure whether its the same as yours.. Good to know dat there is someone around my age who is also interested in the stock market. Opportunities are abound in the stock market...must do ample research. Do u study technical analysis or/and fundamental analysis when u play the stock market?...My dad has technical charts to analyse...i hope to learn them real soon after am done with my project.
shade343 SG Wow...you are in DBFM? I use FA....although Im learning how to do TA in one of my GEMS. and my dad buys shares based on his online broker's advise.
industrie SG Haha...guess am ur senior then. They teach TA(technical analysis) in GEMS?...sheesh...i didn't do that in my yr. Holy cow...buying shares based on broker's advice is the worse thing to do..my folks learn a hard lesson from that. Now my dad refuses to listen to dat prick liao. On the other hand...my mum still does. Is property course ur first choice??...
