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Hey folks, STI has already run up +13.77% (end-Feb) for this year. To me, that's already a bull run! If you look around, even penny stocks / small caps stocks have run up, some easily more than 20%. Even some of the stocks I anyhow pick a couple of weeks back had gone up ~10%. I'm at that stage where I'm beginning to think I must be some kind of guru and thinking that I should be more greedy. From past experience, that's usually when the market turn bearish and punishes me severely. But, ya, perhaps it's going to be different this time, I have no objections if it were to run another 10%-15%, haha. Take care! 
(21-03-2012, 06:19 PM)Musicwhiz Wrote: (21-03-2012, 06:17 PM)weijian Wrote: I think I m getting alot of news of "planned ipo" on sgx recently. Seems like the bulls r slowly coming bk?
I know this is OT, but wait for the F1 and Man-U IPOs. Then you'll really know we are in a bull phase.
pianist Wrote:with the high oil price and impending unrest in middle east..i can hardly see any bull coming
Drizzt Wrote:when we see it is clear most likely the bull have ran 40%
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When it starts getting too easy to make money, that is when we should conduct our affairs with a higher level of caution.
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I think there's more room for the market to rise. The aunties and uncles haven't come on board. Current STI P/E is 9.85, according to Bloomberg data. Long-term average market P/E is around 15-16. Also, the new IPOs are just coming on board so it's not time to be fearful yet..
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31-03-2012, 07:10 PM
(This post was last modified: 31-03-2012, 07:24 PM by Contrarian.)
DBS Vickers Small / Mid Cap Top Pick Report 29/03/2012
recent development at ARA (Buy, TP: S$1.74) could herald earnings upside in our view. According to a newswire report, ARA is planning to list a new Yuan
denominated REIT for some of its Asian assets. If successful, this would be positive for ARA in the form of 1) recurring fee income from a new fund; 2) exit avenue for its assets in the Asia Dragon Fund and 3) exit performance fee which management guided would run up to the tune of S$80m.
Performance fee > 2011 earnings... that's amazing...
(22-03-2012, 02:34 PM)Musicwhiz Wrote: When it starts getting too easy to make money, that is when we should conduct our affairs with a higher level of caution.
There are still pockets of value... I dont think the market is aware that ARA will collect performance fee of $80M...  That's 8% of $1bn ADF commitment. The threshold must be very good for the cashing out party...
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Ara daily trading volume is very low. So i think it is easier to "manipulate". i wonder why the big fishes are not interested.
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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31-03-2012, 10:09 PM
(This post was last modified: 31-03-2012, 10:09 PM by Contrarian.)
> Ara daily trading volume is very low. So i think it is easier to "manipulate". i wonder
> why the big fishes are not interested
You already answered the question.
> Ara daily trading volume is very low. So i think it is easier to "manipulate". i wonder
> why the big fishes are not interested
You already answered the question.
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(22-03-2012, 11:07 PM)FFNow Wrote: I think there's more room for the market to rise. The aunties and uncles haven't come on board. Current STI P/E is 9.85, according to Bloomberg data. Long-term average market P/E is around 15-16. Also, the new IPOs are just coming on board so it's not time to be fearful yet..
Just remember SGX EX is only a very small player. Even HK. EX. have to follow DOW or S&P. Be careful!
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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(31-03-2012, 11:15 PM)Temperament Wrote: Just remember SGX EX is only a very small player. Even HK. EX. have to follow DOW or S&P. Be careful!
Yeah true that. But I still believe there's more to go in this rally with things just "picking up" once again. It's all starting to look "rosy" once again, for now.
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(22-03-2012, 11:07 PM)FFNow Wrote: I think there's more room for the market to rise. The aunties and uncles haven't come on board. Current STI P/E is 9.85, according to Bloomberg data. Long-term average market P/E is around 15-16. Also, the new IPOs are just coming on board so it's not time to be fearful yet..
I am also using STI P/E as a "guide".
Once P/E reaches 13, will switch to "sell" mode..
Based on current STI of 3000, it will be ....3900 .........
Anybody think STI will reach 3900?
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The Market's take is as long as "QE" is intact and now EU practises it with a vengeance after US setting the example, the market will remain upbeat. So much liquidity is in the Market that BRICS getting worried and tell the Western Nations they can keep their own printed money to themselves. If only we the commons can print money also.
By the way this time round, which country/event will trigger the coming of the Bears? Definitely not Singapore or even Hong Kong? Because both are always followers of the market.
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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