Let's talk stocks & IPO

[ktnpl]

Re: Let's talk stocks & IPO

Peter is one of the many pple which i follow & try to learn from. I was long Wilmar shortly after writing that note at 3.15 & sold 1/3 at 3.26 yesterday after the big jump for a +3.4% gain in less than 10 trading days . Its daily chart was forming a bullish ascending triangle as well. This mkt short term still has energy, albeit lessening everyday. Many charts are nearing their tops. Next week is seasonally bullish but b v careful after that...

Mine is quite similar. I too bought at an average price of $3.15 but I sold all off at $3.28 yesterday.

I also like Peter Lim's investment philosophy such as zero gearing and saving your profits. But I think he might have been misquoted on the part that trading is hard to make profits. So long as the trader is disciplined, not greedy and invest only what he can afford to lose, it is almost impossible not to make profits

 

[golfgti]

Re: Let's talk stocks & IPO

Mine is quite similar. I too bought at an average price of $3.15 but I sold all off at $3.28 yesterday.

I also like Peter Lim's investment philosophy such as zero gearing and saving your profits. But I think he might have been misquoted on the part that trading is hard to make profits. So long as the trader is disciplined, not greedy and invest only what he can afford to lose, it is almost impossible not to make profits

i think hes saying that traders tend to get caught out by the unforeseen volatility especially margin traders, which makes it entirely possible to lose money.

Even cash traders have to be very disciplined not to get caught out by large declines, or get drawn into "buying the rally" mentality without any technical analysis of market conditions.

For cash you don't lose your principal unless a default scenario, but it might a long time to get back up there, eg. buying Microsoft near the 1999 tech bubble, or more recently buying Apple at 700 thinking it'll go to 1000, but in reality it may take another year or never actually get back up there if this turns out to be a secular bear for Apple.

 

[golfgti]

Re: Let's talk stocks & IPO

Peter is one of the many pple which i follow & try to learn from. I was long Wilmar shortly after writing that note at 3.15 & sold 1/3 at 3.26 yesterday after the big jump for a +3.4% gain in less than 10 trading days . Its daily chart was forming a bullish ascending triangle as well. This mkt short term still has energy, albeit lessening everyday. Many charts are nearing their tops. Next week is seasonally bullish but b v careful after that...

update on my wilmar trade: sold remaining 2/3s at 3.33 today. May have more upside short term but having made 5% in 3wks im not chasing anymore.

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

[video=youtube;tCcxr-fyF4Q]https://www.youtube.com/watch?v=tCcxr-fyF4Q[/video]

Floored: Into The Pit - Epic Trader Movie!

 

[Jadis]

Re: Let's talk stocks & IPO

Ipco, it seems that something going on, anybody familiar with this counter? thanks!

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

Mapletree Greater China Commercial Trust - who have allocation?? sibei hot isit?

 

[totoseow]

Re: Let's talk stocks & IPO

just out today where got allo so fast? but 5.6% sgd...ya i will take it any day. can still buy post ipo.

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

just out today where got allo so fast? but 5.6% sgd...ya i will take it any day. can still buy post ipo.

bro are u a broker? can get allocation ?

 

[hoks]

Re: Let's talk stocks & IPO

Many reits can give 5% ma...

 

[toiletsiao]

Re: Let's talk stocks & IPO

The shares allocated for public in the maplechina ipo is too big....215mil shares.... Hph had about 185mil for balloting...there should be a generous allocation rate for this mapletree china ipo...

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

wah.. u guy think weiye can buy? kena whack down leh

 

[hetraa]

Re: Let's talk stocks & IPO

contel corp chong today.

is WE Hldgs at a all time high?

 

[ktnpl]

Re: Let's talk stocks & IPO

Anyone applying for Croesus Retail Trust? IPO price of $0.93 closing 8 May 2013 12 pm and listing on 10 May 2013 2pm. Dividends 7 - 8%.

 

[hetraa]

Re: Let's talk stocks & IPO

Anyone got expert broker to recommend me? i want to change my Kim Eng broker.

 

[toiletsiao]

Re: Let's talk stocks & IPO

Anyone applying for Croesus Retail Trust? IPO price of $0.93 closing 8 May 2013 12 pm and listing on 10 May 2013 2pm. Dividends 7 - 8%.

great opening.... now 1.15 ....

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

sin heng looking good...

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

Sin Heng: Joint Venture In Myanmar With Starhigh Asia Pacific.

20 Mar 2012 09:36

Sin Heng Heavy Machinery Limited wishes to announce that the Company has incorporated a new subsidiary, SH Equipment Pte. Ltd., in Singapore and the Company and Starhigh Asia Pacific Pte. Ltd. have entered into a joint venture arrangement whereby each has subscribed for 250,000 ordinary shares at S$1.00 each. The Company and Starhigh Asia Pacific Pte. Ltd. each invested S$250,000 in the share subscription. Under the joint venture arrangement, the Company and Starhigh Asia Pacific Pte. Ltd. each holds a 50% equity interest in SH Equipment Pte. Ltd. Under the terms of the joint venture arrangement, the Company and Starhigh Asia Pacific Pte. Ltd. have agreed that SH Equipment Pte. Ltd. will incorporate a subsidiary in Myanmar for the purposes of undertaking heavy equipment leasing, rental, distribution and sales and such other business as the Company and Starhigh Asia Pacific Pte. Ltd. may decide...

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

like mymmar play coming back.... interra, yoma etc

 

[ktnpl]

Re: Let's talk stocks & IPO

APTT overall 5.2 times subscribed. Opening tomorrow 2pm. IPO is hot now! Singapore 旺 ah!

 

[ktnpl]

Re: Let's talk stocks & IPO

Anyone got expert broker to recommend me? i want to change my Kim Eng broker.

Broker not important. IMHO, onus is on investor to make the right call. This is what my remisier friend told me and over time, I tend to agree with him.