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Felix's bet on St******

Felix's bet on St******

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felixleong Offline
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#11
01-04-2014, 04:47 PM
If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^
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felixleong Offline
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#12
01-04-2014, 04:49 PM
Why put your $$ on a value trap?
Whats the probability of St****** realizing its full value within say 3-5 years?
If the probability is low, say 10% would it be much wiser invested your $$ elsewhere if u can make
10% annual returns over those 3-5 years instead?
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felixleong Offline
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#13
01-04-2014, 04:51 PM
There's so many property counters in sgx trading at 0.5 to 0.7 times
Book value, why pick St******?
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valuebuddies Offline
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#14
01-04-2014, 05:02 PM
(01-04-2014, 04:47 PM)felixleong Wrote: If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.
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valuebuddies Offline
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#15
01-04-2014, 05:04 PM
(01-04-2014, 03:41 PM)greengiraffe Wrote: maybe felix should share with us what shares he thinks will outperform sti in 5 years time then we can even buy him a holiday of equivalent when we all huat...

Agree, perhaps Felix could share his view. By the way I am not offering any prices for GG's or Felix's bet, but it would be good to learn from each other.
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yeh Offline
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#16
01-04-2014, 05:08 PM
(01-04-2014, 04:46 PM)felixleong Wrote: Then why diversify? Its like poker, u should put your $$ on AA, why put $$ on a JJ

so far, i dunno whether it is JJ or AA.
yes, my first purchase was 0.62..then goes down, i buy. goes down n buy.
so that is why i have 45 lot.

well. i dunno whether it is AA or JJ. but i think the dividend yield is attractive to me la. 4% i happy liao..
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felixleong Offline
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#17
01-04-2014, 05:23 PM
(01-04-2014, 05:02 PM)valuebuddies Wrote:
(01-04-2014, 04:47 PM)felixleong Wrote: If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.

are you sure? have you used options express before?
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Nick Offline
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#18
01-04-2014, 06:18 PM
Me thinks truly too much effort is being wasted for the limited upside of a mere cup of coffee.

(Not Vested in SL)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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valuebuddies Offline
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#19
01-04-2014, 06:44 PM
(01-04-2014, 05:23 PM)felixleong Wrote:
(01-04-2014, 05:02 PM)valuebuddies Wrote:
(01-04-2014, 04:47 PM)felixleong Wrote: If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.

are you sure? have you used options express before?

I used OptionsXpress, not sure about other brokers
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felixleong Offline
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#20
01-04-2014, 08:44 PM
(01-04-2014, 06:44 PM)valuebuddies Wrote:
(01-04-2014, 05:23 PM)felixleong Wrote:
(01-04-2014, 05:02 PM)valuebuddies Wrote:
(01-04-2014, 04:47 PM)felixleong Wrote: If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.

are you sure? have you used options express before?

I used OptionsXpress, not sure about other brokers

you know you can write naked called options right (uncovered), you don't have to own the underlying shares
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