Not an easy stock to queue buy at low prices. Someone will always get ahead of the queue of you. Anyway, manage to accumulate 62.000 shares so far. Got a few more today at 5.21, 5.26 and 5.28
Haha, Mr ooi, no wonder every queue is stepped up by another buyer. Sometimes, can't see the screen every hour and someone steps in front and price got done. So frustrating. My aim was to get up to 120,000 shares up to 5.30. Now gone up in smoke. Not complaining though.
Let me tell you a fact. The replacement market for planes is huge and ever growing. To be able to compete with the best airlines in the world, you have to get longer range, more fuel efficient ones to replace aging fleet. If you've ever been on board a Boeing Dreamliner (or A380) with some of the top airlines in the world, you will then realize that MAS aging 737 fleet have no space to compete. The Dreamliner ambient lighting, large screens, linear flying experience and better legroom makes flying less stressful and more pleasant. I usually can't watch any movie on an airplane due to small screens that make one nauseous but I manage to catch a couple of movies on my way to Japan with Thai airways Boeing Dreamliner with the large screen. You wanna compete with the best, get the best
by the way, result good not because Aero rev up, because manufacturing in HDD! Very cyclical. It might go down next quarters due to global slowdown............
Well, this sector have future in long term the aerospace. We have lost much marketshare to Thailand lately in the automotive sector and they would most likely capitalise the situation together with Indonesia. Therefore aerospace industry could be much anticipated sector deliver to revenue . SAM engineering in one of the first tier manufacturer. We do have National Aeropace Blueprint which in fact initiated in 1997.
There is also a news stating that Rolls Royce is opening a manufacturing plant in Malaysia together with UMW. UMW will be the OEM supplier.
In SE asia only Singapore is closest to establish the Aerospace hub, they do have Rolls Royce engine manufacturing plant. Its not easy when comes to aviation technical and as we know Singapore university have better education and produce better manpower. SIA engineering and ST engineering is considered world class.
buffett paying usd37 billion for precision castparts at 18.6 PE
"Buffett certainly isn't getting a wonderful price for Precision Castparts. Buffett himself said that the deal was at a "very high multiple for us to pay," and that it is "right up there at the top" in terms of valuation. At the price Buffett is willing to pay, Precision Castparts trades for 18.6 times forward earnings, which is certainly on the high-end for Buffett's investments."
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....
Ken Lim
166 posts
Posted by Ken Lim > 2015-09-17 20:46 | Report Abuse
Where is sam supporter ?
Come and sing ...