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More share buy backs..
18 Jul - 300 lots @ 22.5cts (they are paying more after XD!!)
17 Jul - 98 lots @ 22.5 cts (they are paying more after XD!!)
11 Jul - 239 lots @ 22.3 cts
5 Jul - 250 lots @ 22.5 cts
4 Jul - 280 lots @ 22.49 cts
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Someone made this remark at Nextinsight. Any comments pls? tks.
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thinker - Monday, 22 July 2013 08:53With property sector in Spore looking very toppish now, the most likely trend for property is probably stagnating or going downtrend for next few years...
If Hupsteel cannot find tenants for its industrial properties and its steel business is half dead, what prospect does it have now?
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Steel business is cyclical la. As long as Hup can survive this down period which i believe it can given its cash hoard, its business will recover ultimately. In 2002/2003 when property was at its doldrums, those that dump all physical and property stocks u know what happen next. Does that mean all shipping firms are destined to perish now?
I encourage those who strongly disagree to short down the shares.
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22-07-2013, 12:01 PM
(This post was last modified: 22-07-2013, 12:07 PM by Stockerman.)
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Agreed that it is about matching profile of the investors... Like what the govt always said " we take a long term view of things"...
We are in for the long haul... if so, every counter will look "fine"