View Poll Results: Who suffered from recent meltdown?

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  • Got shares, stuck on my portfiolio and am stuck with a lot of paper value loss

    9 75.00%
  • Cut loss and now waiting to stay invested

    2 16.67%
  • Sold everything on the high and out

    1 8.33%
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Thread: Subprime issue in the financial markets and your shares

  1. #241
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by NitroTech View Post
    trading or investing?
    what i mean is load in small amount for long term.

    Afterall it is a good company with GLC background.

    what do u think ?
    Last edited by raincool2005; 24th October 2007 at 10:43 AM.

  2. #242
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by raincool2005 View Post
    what i mean is load in small amount for long term.

    Afterall it is a good company with GLC background.

    what do u think ?
    yeah lah i know what you mean. it's tempting at this price..... but i'll wait... if it doesn't reach the price i'm looking at then i'll pass.

  3. #243
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by NitroTech View Post
    yeah lah i know what you mean. it's tempting at this price..... but i'll wait... if it doesn't reach the price i'm looking at then i'll pass.
    i think Sembcorp will be a better choice as its projects has been doing well in Vietnam.

  4. #244

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by USM View Post
    I am also amazed by how people got influenced by analysts, fund managers by buying and selling their stocks.

    Analysts and Fund Managers are quite good in producing "news".
    By the time their news appears, the prices would have climbed cause somewhere in the same company, someone has already accumulated a hefty amount of holdings to unload to the ignorant.

  5. #245

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Parchiao View Post
    By the time their news appears, the prices would have climbed cause somewhere in the same company, someone has already accumulated a hefty amount of holdings to unload to the ignorant.
    Yes, those who have insider news have already pocketed so much.

    Heard UTAC was one of the cases. So many insiders made profits from it.

  6. #246
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    Default Re: Subprime issue in the financial markets and your shares

    http://online.wsj.com/article/SB1193....html?mod=mktw

    what else is new? sub prime again

  7. #247
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Parchiao View Post
    By the time their news appears, the prices would have climbed cause somewhere in the same company, someone has already accumulated a hefty amount of holdings to unload to the ignorant.
    fyi, there has been many huge purchases in fraser and neave today, as observed this seems to be the only blue chip stock floated in green during correction.

    my guess is something good maybe on the cards.
    Last edited by raincool2005; 24th October 2007 at 03:58 PM.

  8. #248

    Default Re: Subprime issue in the financial markets and your shares

    STI continues to rally. Up 70++ points today.

    So many uncles & aunties are making money.

    Good luck to those who are pessimistic about the market.

  9. #249

    Default Re: Subprime issue in the financial markets and your shares

    Stay away from the market if you are not invested and don't have a buffer for losses, PE ratios for Singapore stocks are relatively higher than the region, save for Hong Kong and China where the PE ratios are at stratospheric levels. In other words, the prices are expensive.

    I remember the Tech craze, this is similar.

  10. #250
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Parchiao View Post
    Stay away from the market if you are not invested and don't have a buffer for losses, PE ratios for Singapore stocks are relatively higher than the region, save for Hong Kong and China where the PE ratios are at stratospheric levels. In other words, the prices are expensive.

    I remember the Tech craze, this is similar.
    Hi, stayed away from China stocks. Something is not right, just read what Buffet comments. A man of this position will not anyhow said such things without reliability.
    Last edited by raincool2005; 27th October 2007 at 12:26 PM.

  11. #251
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    Default Re: Subprime issue in the financial markets and your shares

    US markets up again on expectations Fed will cut interest rates.

    Dow +134.78
    Nasdaq +53.33
    S&P +20.88

    Wall Street banks on another rate cut
    Ben Bernanke and the Federal Reserve will decide on Halloween whether to lower interest rates again. Investors are betting on a quarter-point cut.

    http://money.cnn.com/2007/10/26/news...ion=2007102612


  12. #252

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by raincool2005 View Post
    US markets up again on expectations Fed will cut interest rates.

    Dow +134.78
    Nasdaq +53.33
    S&P +20.88

    Wall Street banks on another rate cut
    Ben Bernanke and the Federal Reserve will decide on Halloween whether to lower interest rates again. Investors are betting on a quarter-point cut.

    http://money.cnn.com/2007/10/26/news...ion=2007102612

    What's new.

    Bull is bull.

  13. #253
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    Default Re: Subprime issue in the financial markets and your shares

    The bull run continue!

    Oil breaches US$95 a barrel in Asian trade

    Posted: 01 November 2007 1010 hrs

    SINGAPORE: Oil prices scaled record highs of more than 95 dollars a barrel in Asian trade on Thursday after the Federal Reserve lowered interest rates and following news of a surprise decline in US crude stocks.

    New York's main futures contract, light sweet crude for delivery in December, was trading at 95.35 dollars a barrel, up 82 cents from its close of 94.53 dollars a barrel in US trades, and smashing Wednesday's record of 94.74 dollars.

    The New York contract earlier surged to an all-time intraday summit of 95.80 dollars.

    Brent North Sea crude for December delivery also erased the previous day's intraday high of 90.94 dollars to trade at 91.10 dollars.

    "The increase in oil prices was driven by the release of the US Energy Information Administration's Weekly Petroleum Status report, which showed a large decline in US crude oil inventories," Australia's Commonwealth Bank said.

    Oil prices, which had earlier slumped below 90 dollars on Wednesday, staged a blistering rally after the Federal Reserve cut key US interest rates by a quarter of a percentage point to 4.50 percent.

    The cut is targeted to boost domestic consumption in the world's biggest economy and cushion the impact of a crisis in the US sub-prime mortgage housing market which has been rocked by defaults. A healthy US economy prompts higher demand for oil.

    Oil prices also rose after the US Department of Energy's (DoE) weekly snapshot of energy reserves showed that crude inventories tumbled by 3.9 million barrels to stand at 312.7 million barrels in the week ended October 26.

    That shocked the market because consensus forecasts had been for a gain of 400,000 barrels in the reserves of the world's biggest energy consumer and underscored a tight supply situation.

  14. #254

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by melvin View Post
    The bull run continue!

    Oil breaches US$95 a barrel in Asian trade
    Told you guys before.

    Subprime has only affected companies Q3 profits at most. Going forward, they will turn black.

    Looking at macro perspective, U.S. economy is still growing but moderately. There is no clear sign or siginificant indicator pointing the U.S. is going into recession.

    The power of the media and analysts 'talking' that made investors 'nervous' so that they will sell their stocks.

    Back at home, MAS has just announced the quarterly review, pointing that Singapore will achieve 7% GDP growth. Unemployment fell to the lowest in 10 years.

    As for China stocks bubble, it will not burst in the near term. Those who are going to short china stocks will all be killed in the near term. Go and figure out why the bubble can sustain in the near term.

  15. #255
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    Default Re: Subprime issue in the financial markets and your shares

    Frasers and Neave ! do u all notice its bullish trend ?
    Last edited by raincool2005; 1st November 2007 at 05:19 PM.

  16. #256
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by USM View Post
    Told you guys before.

    Subprime has only affected companies Q3 profits at most. Going forward, they will turn black.

    Looking at macro perspective, U.S. economy is still growing but moderately. There is no clear sign or siginificant indicator pointing the U.S. is going into recession.

    The power of the media and analysts 'talking' that made investors 'nervous' so that they will sell their stocks.

    Back at home, MAS has just announced the quarterly review, pointing that Singapore will achieve 7% GDP growth. Unemployment fell to the lowest in 10 years.

    As for China stocks bubble, it will not burst in the near term. Those who are going to short china stocks will all be killed in the near term. Go and figure out why the bubble can sustain in the near term.
    China stocks will undergo one more major correction before a rally before CNY 2008, however selective ones only.
    Last edited by raincool2005; 1st November 2007 at 05:23 PM.

  17. #257

    Default Re: Subprime issue in the financial markets and your shares

    There are people who think that the high valuations especially in China can be justified because companies are making money, unlike the dot com companies where most made little to no profits. However, paying a lot (well over 50 times price earnings ratio) of money today for profits from tomorrow, and made worse by a closed financial system where investors can only buy stocks in China and not invest outside creates a very unstable stock market that trades at artifically high levels.

    Once the profits starts to level, and we are not even talking about losses, we'll start to see investors exiting Chinese stocks because perceptions about valuations will change. It starts with a trickle, investors start to lock into their profits, and then for no explanation, it becomes a flood. Financial markets often crash with little to no warning, although the signs are there well before they occur. This happens even when the global economy is in reasonably good shape, simply because of the herd mentality. When the majority starts to think otherwise, it happens. Read the papers, read and observe what people say, and who they are. If the big shots say 'overvalued' it means they are ready to make an exit. If enough of such people express the same opinions, it will happen.
    Last edited by Parchiao; 1st November 2007 at 10:24 PM.

  18. #258
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Parchiao View Post
    unlike the dot com companies where most made little to no profits. However, paying a lot (well over 50 times price earnings ratio) of money today for profits from tomorrow, and made worse by a closed financial system where investors can only buy stocks in China and not invest outside creates a very unstable stock market that trades at artifically high levels.

    check out google, ebay and yahoo. none of these dot com has PE ratio more than 50.
    and there are making lots of profit and cash.

    even baidu and alibaba are both making $ & profit.

  19. #259

    Default Re: Subprime issue in the financial markets and your shares

    There is always some people who are pessimistic. That's life.

  20. #260

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by wong_se View Post
    check out google, ebay and yahoo. none of these dot com has PE ratio more than 50.
    and there are making lots of profit and cash.

    even baidu and alibaba are both making $ & profit.
    I was actually trying to compare the valuations of the dot com crash era against the current valuations of Chinese companies. Seems that I deleted it when I reprhased the paragraph. BTW, the PE ratio is not across the board, it's the index vs the earning of the constituents.

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