SO NAIVE SORCHAI WHO GOT CAUGHT BY FORCE SELL DUE TO MARGIN CALLS OF INSIDERS AND ALSO EPF TRYING TO GET OUT WHEN PRICES ARE LITERAL FALLING KNIVES WILL GET HURT.
calvintaneng -- I fully agree with you 2018 is the time to buy into property stock.
Why? Residential properties were not selling well for past 4 years with severe overhang. Developers are putting less house for sale for the moment, and price has been stagnant for quite a while and construction/land cost on the rise.
NOW: Look at the demography for Malaysia. Those with age 28 to 35 are supposed to be the buyers of the day, but they have deferred for the past 4 years. So, potential buyers now are those from 28 to 39 year old. How many are in this category? 7.7m !! With another 3m coming to age 28 in next 5 years. It will shift the supply/demand graph. When economy recover, property prices will again rocketing upwards. This will most probably happen in next 3 years.
KLSE is closed for a public holiday today. I wonder how many people will panic sell this morning in Malaysia?
Here in Singapore the Market is open.
Ha! I own Singpost. I own it many years already & I seldom look at it as it gives nice yearly dividends.
Since Singpost is a monopoly in Singapore it can withstand any crisis. So this morning Singpost trades unchanged at S$1.29
Now back to Malaysia
All Calvin calls were at low bottom fishing prices. So I am able to sleep soundly every night
Remember My Rule of Investment?
((( HE THAT IS LOW NEED FEARS NO FALL ))))
Yesterday I posted in Bj Corp Forum
I quote
""calvintaneng VERY GOOD!
IN A DAY OF SELLING CARNAGE
BJ CORP CLOSED UNCHANGED
BJ ASSETS CLOSED UNCHANGED
BJ LAND EVEN UP HALF SEN!
SO GOOD!! 30/01/2018 17:06""
Now my message here is to tell you guys to remember this
"ALWAYS BUY LOW. BUY DEFENSIVE STOCKS WITH MARGIN OF SAFETY. DON'T CHASE HIGH FLYING HOT STOCKS AT THEIR PEAK.
BETTER BUY LOW & WAIT PATIENTLY FOR PRICE TO GO UP. DOESN'T MATTER IF YOU HAVE TO WAIT A LONGER TIME IF YOU DON'T DON'T SEE IMMEDIATE RESULT"
""BUY HIGH AND EXPECT STOCKS TO GO HIGHER?" THAT IS WHY MANY WILL NOT BE ABLE TO SLEEP WELL THESE 3 DAYS
See
""Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD
Jan 21, 2018 11:28 PM | Report Abuse
Those who bought around 14 on Friday cannot sleep cause dun't know tomorrow move up all the way to 16 or drop all the way to 12. If cannot sleep eat cherry, cherry is a sources of melatonin, a hormone that lowers body temperature, making us sleepy."""gladiator
(THIS GUY SAID CANNOT SLEEP EAT CHERRY?)
""Stock: [MYNEWS]: MYNEWS HOLDINGS BERHAD I am confuse lah, since the beginning of 2017, the revenue has gone up, but the NP, ROE, NP MARGIN, EPS, PBT all continue on the downward spiral for 4 quarters already. I cannot sleep now not sure to dump or not. somemore the management continue to dilute the shares. the EPS can only go down ...""
""Yes, we should go for Properties In Prime Location. Since Location! Location! Location! Is The Mantra In Property Investments. But Like All Other Types Of Investment, we can Overpay Above The Intrinsic Or Actual Value Of A Thing! The People That Blindly Bought At The Peak in Orchard Road suffered A Collapse in 2008 When Lehman Brothers’ Crisis Hit. Until today, prices have not recovered to 2007 level."""
NOTE VERY CAREFULLY:
""BUT LIKE ALL OTHER TYPES OF INVESTMENT, WE CAN OVERPAY ABOVE THE INTRINSIC VALUE OF A THING""
Those who overpaid for Properties in Boom Times (even hottest properties in best locations in Singapore) later suffer horrendous losses
First things first, the four-bedroom unit in question was in fact, also the most expensive unit to have ever sold at Seascape.
To put things into perspective, the previous owner had purchased the unit from the developer at $3,146 psf in June 2010, shortly after the eight-storey seafront development was launched. In comparison, units at the luxury development were selling at an average of $2,710 psf in 2Q2010, which means that the Russian buyer had paid about 16% above market price when he made the purchase.
Some investors justify buying properties at a high price when they expect earnings to outperform the market. But doing so can be risky, as there could be limited room for capital appreciation, as demonstrated in this scenario.
HA!
THESE WORDS TELL ALL
""SOME INVESTORS JUSTIFY BUYING PROPERTIES AT A HIGH PRICE WHEN THEY EXPECT EARNINGS TO OUTPERFORM THE MARKET""
HA! HE MADE THE BIG BLUNDER OF "EXPECT EARNINGS TO OUTPERFORM THE MARKET"
EARNINGS CAN EVAPORATE OVERNIGHT!!
See
Export furniture stocks will be hit by strong ringgit.
Plastic stock earnings will be HIT HARD by Strong Crude Oil prices! Resin being a byproduct of Crude Oil will go up in price.
Logistic stocks will be hit by rising petrol cost
THAT'S WHY SIFU WALTER SCHLOSS SAID
""Try to buy assets at a discount than to buy earnings. Earning can change dramatically in a short time. Usually assets change slowly. One has to know much more about a company if one buys earnings.""
I agree with your statement on the inflow of foreign funds back to m;sia but i do not agree with one of your reasoning ie.
'More so as Fed Yellen remarked that the entire US Economy is too weak to justify raising interest rates for the foreseeable future'.
USA stock is at new high almost every month. And they have been raising rates few times now but the stock still going up despite that. And their companies are reporting increasing profits on a year to year basis ..which justifies their price movement. USA economy is getting stronger due to Trump's economic move. Housing price in USA is also getting higher closing to pre 2008 period
Inflow on money is also closely related to the strengthening of the MYR whereby not only you earn on the rising of stock price but also on the exchange value.
Bj Corp from 60 sen to 34 sen is now a bargain. Just add on weakness.
Last time Perak Corp dropped from 60 sen to 40 sen. Then Perak Corp powered to Rm3.60 (up 900%)
So those who bought Perak Corp at 60 sen made 600% but those who bought Perak Corp at 40 sen made 900%
Same goes for Pm Corp Calvin called for a buy on Pm Corp at 12 sen. Many Johor buddies followed. Then Pm Corp dropped from 12 sen to 9 sen and many panicked! But Calvin the lion heart bought even more Pm Corp at 9 sen Then Pm Corp powered to 36 sen So all who bought Pm Corp at 12 sen made 200%
But those who bought at 9 sen made 300%!
SO THOSE WHO BOUGHT BJ CORP AT 60 SEN WILL MAKE 500% WHEN BJ CORP REACH RM3.60
BUT BRAVE HEART WITH IRON HANDS WHO BUY BJ CORP AT 34 SEN WILL MAKE 1,000% WHEN BJ CORP SHOOOOOTT PAST RM3.60 ONE FUTURE DAY!!!
HAVEN'T YOU HEARD ABOUT "HAM YI FAN SANG""
IF DEAD FISH CAN COME ALIVE SO ALL THESE CORP(SES) WILL ALSO COME BACK TO LIFE!!!
WUHUHU!!!
ALL CALVIN BUDDIES HAPPILY BUYING BJ CORP, BJ ASSETS AND BJ LAND ON THE CHEAP!!!
aiya dow jones just another profit taking....look at Nikkei also up.tomoro open down will collect more.....cos I will be buying cheaper than others.how to lose? sorchais buy green we buy red.....sorchais cannot sell in future we can sell
Down ones are many Mp Corp Mphbcap Mui Bhd Bj Corp Harnlern Kwantas Th plantations JTiasa
These ones up alot so please don't chase
Jaks up 300% Prestar up 200% Masteel up 150% Waseong up 100% MyEg up 100% Padini up 200% Tmakmur, Kulim, Super Enterprize, TheStore taken private. Wangzng and Weida going private Pohuat up 200% now facing headwinds Jerasia up 100% but Insiders force sold by margin call Priceworth up 100% now too high to chase. Drb up 200% now toppish
THESE ARE LAGGARDS. JUST BUY IF GOT WEAKNESS
MRCB. MEDIA MPHBCAP YTL POWER IS RECESSION PROOF PBA IS RECESSION PROOF TEXCHEM GIVING 10% DIVIDEND
Posted by apolloang > Feb 1, 2018 04:58 PM | Report Abuse mpcorp,kwantas,harnlern,PBA....no want,thplant I dunno.YTLPOWER my fren hold a lot and been cursing for the last few years,so I avoid
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,846 posts
Posted by calvintaneng > 2018-01-30 17:53 |
Post removed.Why?