lousy STI

[JackyCheung]

:kma:

dow jone recover steadily to 17000
sti still lag behind.

:oIo:

 

[krafty]

this month is not a good month for me either...

 

[JackyCheung]

this month is not a good month for me either...

lose how much so far?

 

[JackyCheung]

should buy more us share rather than sg shares.

:kma:

 

[krafty]

that's why...http://www.businesstimes.com.sg/government-economy/mass-sobering-take-on-spore-economy

 

[sochi2014]

You cant have your cake and eat it no?

 

[uvwxyz]

This is the time to buy when the market is down but without any real reason to be so. It is easy to say buy low then sell high but when it is low and going down then not many want to buy.

 

[krafty]

actually, it's easy...when you smell fear, it's time to buy...

This is the time to buy when the market is down but without any real reason to be so. It is easy to say buy low then sell high but when it is low and going down then not many want to buy.

 

[frenchbriefs]

when is the fed going to announce end of q.e3?waiting to see how the market goes.

 

[JackyCheung]

actually, it's easy...when you smell fear, it's time to buy...

i did bought some blue chip when sti recent sell down. lousy sti, my share did not move much! :oIo::kma:

 

[JackyCheung]

when is the fed going to announce end of q.e3?waiting to see how the market goes.

even fed announce more QE, i can tell you. STI also will not move much. Singapore market is dead.
time to short sgx.

 

[krafty]

when you hear many boarding the bus, it 's time to alight...ok...roger...

i did bought some blue chip when sti recent sell down. lousy sti, my share did not move much! :oIo::kma:

 

[frenchbriefs]

i did bought some blue chip when sti recent sell down. lousy sti, my share did not move much! :oIo::kma:

what chip u buy?dividend stocks?

 

[JackyCheung]

what chip u buy?dividend stocks?

semb marine, semb corp, singtel, HL finance, keppel corp and some potato chips

 

[bushtucker]

nearly wanted to buy keppel corp today but waiting for oil prices to stabilize first.

 

[uvwxyz]

actually, it's easy...when you smell fear, it's time to buy...

In theory its easy but not so easy to do and stay committed when the market falls further.

 

[laksaboy]

Only peasants worry about the fluctuations of their gor pio.

The elites make money whichever the stock market goes.

 

[krafty]

use your own judgement coupled with tech analysis, you will understand what i am saying.

In theory its easy but not so easy to do and stay committed when the market falls further.

 

[uvwxyz]

nearly wanted to buy keppel corp today but waiting for oil prices to stabilize first.

Bought 1 lot of KeppelCorp at 9.39 and 1 lot of OCBC at 9.70. Bought 20 lots of Libra at 0.21. There was a promising writeup on it recently.

 

[uvwxyz]

I post this here but Caveat Emptor.


LIBRA GROUP LIMITED | BUY


Source is OCBC Investment Research.

27 Oct 2014
SIGNIFICANT EARNINGS AND DIVIDENDS GROWTH AHEAD
- FY13-15F earnings growth at 288% CAGR
- Good value here at 2.7x forward PE
- Conviction BUY with S$0.33 FV

We initiate coverage on Libra Group as our conviction BUY in the small-cap space with a fair value estimate of S$0.33. Based on an analysis of this M&E specialist’s order book, upcoming FY14 earnings is forecasted to increase a whopping 8.0 times YoY to S$4.7m. We further forecast FY15 earnings to grow 68.0% YoY to S$7.8m as the new management team, who took over operations in 1Q14, continues to expand and position the company to capitalize on the healthy public construction outlook. We highlight that this under-the-radar company is already showing initial signs for an earnings upswing: 1H14 earnings had jumped 218.1% YoY to S$3.0m. We believe Libra represents good value here at only 2.7x FY15 forward P/E (versus a peer average of 7.4x). In addition, the group’s dividend yield is forecasted to jump dramatically from 1.6% last year to 8.1% in FY14 and 9.7% in FY15. Our fair value estimate of Libra is based on an undemanding 4.8x forward FY15 PE, which represents a 35% discount versus its peer average. Increased visibility of Libra’s earnings and dividends growth ahead will likely form compelling re-rating catalysts for its share price, in our view.