Singapore Stock the cheapest in Asia !!

[TracyTan866]

SMM is in overbought territory.

Better to wait for imminent pullback that is if you believe KE recommendation that it will hit 5.95.

good advice!!! but i prefer to depend on my own judgement

 

[Merl Haggard]

good advice!!! but i prefer to depend on my own judgement

I like Wilmar. Their sugar venture is turning profitable.

 

[TracyTan866]

I like Wilmar. Their sugar venture is turning profitable.

yes, wilmar is a good stock

 

[TracyTan866]

SMM is in overbought territory.

Better to wait for imminent pullback that is if you believe KE recommendation that it will hit 5.95.

Do you think I shd sell at $4.40?

 

[Merl Haggard]

yes, wilmar is a good stock

Credit Suise has a strong call on Wilmar with a target price of $6.

 

[TracyTan866]

Credit Suise has a strong call on Wilmar with a target price of $6.

it's $5.09 now

 

[Merl Haggard]

Do you think I shd sell at $4.40?

Current RSI is at at 74 (overbought) and it's never wrong to take profit.

 

[TracyTan866]

Current RSI is at at 74 (overbought) and it's never wrong to take profit.

yes..i sold some at $4.34

 

[chowka]

yes..i sold some at $4.34

Ok ok mai tum sim. Outlook for 2012 also won't be good so caution is advised.

 

[TracyTan866]

Ok ok mai tum sim. Outlook for 2012 also won't be good so caution is advised.

i still keep some because i think there is some upside for SMM

 

[TracyTan866]

Ok ok mai tum sim. Outlook for 2012 also won't be good so caution is advised.

11.6% profit in 2-weeks is not bad

 

[GoldenDragon]

11.6% profit in 2-weeks is not bad

Yes, on par with ah longs'.

 

[TracyTan866]

Yes, on par with ah longs'.

ah long charges 23% per mth?

 

[GoldenDragon]

ah long charges 23% per mth?

Depends. Lots of packages. From 12-30% monthly interest, with or without 'chop head' to 20% payable over 6 wks.

 

[TracyTan866]

Depends. Lots of packages. From 12-30% monthly interest, with or without 'chop head' to 20% payable over 6 wks.

r these legal?

 

[GoldenDragon]

r these legal?

100% legal. You want to take loan from them? Just kidding.

 

[chowka]

"Think out of the box and buy high sell low"

​

 

[TracyTan866]

100% legal. You want to take loan from them? Just kidding.

I heard there are many authorised money lenders these days..that's bad..

 

[TracyTan866]

"Think out of the box and buy high sell low"

​

hahahaa..GIC's, TH's new strategy

 

[GoldenDragon]

I heard there are many authorised money lenders these days..that's bad..

250-300 easily. Many converted from illegal to legal when changes were made about 2 years ago wrt interest rates. No max involved as long as both parties agree. Exception being those who draw lower salaries where there is a cap.