Singapore Press Holdings (SPH)

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Beware! Be careful!
I think some one has posted here or somewhere that even professional investors after visiting some S CHIPS companies in China, they are still not sure what the companies have presented to them. If professional investors can't make up their mind after visiting them, how about us??? Do we still have a chance.?TongueBig Grin
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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if in doubt, don't buy.

Plenty of opportunities everyday, Big Grin
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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(31-03-2012, 10:58 PM)brattzz Wrote: if in doubt, don't buy.

Plenty of opportunities everyday, Big Grin

Don't understand, don't buy. Exactly if professional investors are not sure, how can we be sure? And there are many "safer" buys.Big Grin
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
(31-03-2012, 11:26 AM)brattzz Wrote: ok noted! Big Grin

Sell $3.9X
Buy $3.6X..

8% yield estimated per cycle.. Tongue

If you'd managed to buy @ $3.69, the dividend yield is ~6.5% (higher if you managed to buy at an even lower price). So, a ~2% extra to Trade vs Dividend may not be so worth the time and effort. But, if you can manage to do it twice, that means 16% vs 6.5% and it become a lot more worthwhile. SPH pays dividends twice a year and during those 2 periods, it's indeed highly possible to see SPH hit $3.9x (for selling). The challenge is to be able to be decisive enough to get it at $3.6x (usually after xd and for a limited period of time only). The main problem is when you see it dropping like a rock after xd, the tendency is to wait to see if it can drop even further as all those forum posts about SPH being in the dying print biz pops up in your head to immobilize you with fear! Further, there's always the chance that it may indeed continue dropping all the way to below $3 as it'd happened before. So many fears... that's why I'd said before that such a 'strategy' is applicable only to those who die-die must have some SPH in their portfolio. Tongue

Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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(31-03-2012, 09:45 PM)CityFarmer Wrote: I agree with your statement on S-Chip in SGX, but only up to certain extend.

Let me put this way, now all S-Chip is priced in low PE, regardless of their true "value". This is the "fear". Not all deserve the low PE. If you can find and you are right, when the "fear" faded, you may be rewarded handsomely.

Do not ask me which one deserve to buy. I also do not know ;-) still searching....

will the return be good if we were to put a small equal amount into every single S-chip? This is perhaps a situation where over-diversification might helps.
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(01-04-2012, 09:36 AM)shanrui_91 Wrote:
(31-03-2012, 09:45 PM)CityFarmer Wrote: I agree with your statement on S-Chip in SGX, but only up to certain extend.

Let me put this way, now all S-Chip is priced in low PE, regardless of their true "value". This is the "fear". Not all deserve the low PE. If you can find and you are right, when the "fear" faded, you may be rewarded handsomely.

Do not ask me which one deserve to buy. I also do not know ;-) still searching....

will the return be good if we were to put a small equal amount into every single S-chip? This is perhaps a situation where over-diversification might helps.

Those good s-chips that can escape from SGX have already done it.
It is a simple matter of delist and relist in HK exchange.
So, the current state of s-chips means that the probability of non-performers will be so high that even an over diversification may not even guarantee a good return compared to other kinds of stock selection.





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elimination of the fittest and the worst leaves the mediocre and the covered worst.
Dividend Investing and More @ InvestmentMoats.com
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Thanks for all the advice given ;-)

I am aware of all the posting of S-Chip and the potential danger of S-Chip. I did ask the same question before, professional not sure, how can we be sure?

I am also agree to the statement "if in doubt, don't buy".

I am still in a stage of monitoring and searching, not buying because i am still in doubt. Why continue monitoring when professional are stay away from them? First of all, I take this as a challenge to see whether i can pick a gem out of it ;-)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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When S Chips started to list in SGX, i KK tried to be a faked "Angel Investors". i bought 2 lots to 5 lots of the some so called "better S Chips" where even F&N is/was also a share holder or much more reputable S CHIPS. Till today only 2 makes some money. The rest dived into the sea or is in the process of diving. i had sold one making me some money and still holding to another that seems to never lose me money. Over-all it's not worth it. If professional "Angel Investors" fear to tread, it looks like only Fools rush in--"Fools rush in where angels fear to tread", so sing the song. One of my favourite songs

"A wise man learns by others mistakes.
A smart man learns by his own.(Added in by me)
A fool never learns"
If you ask me, i have been all three.TongueBig Grin
NB:
It is not worth trying to fake an "Angel Investor"(Like me lol)Tongue
They are real "specialists" and have money to burn(Not like me lol)Tongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
Uncle Temperament,

Noted and Thanks

孺子受教
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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