Penny stocks ended because ....

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12 years 4 months ago #9806 by cheongwee
Replied by cheongwee on topic Re:Re:Re:Penny stocks ended because ....
TT int.......On the 3/7 stock was push down becos of bad news, ppl see woes, but i see opportunity.
I am in huge profit now, profit from the panic, either u lose on panic or panic make you lose.I stay focus without less fear.
I was in the red initially, but i buy more and did not cut and willing to lose 17% , i know the loss is too huge for BB to bailout , so BB got to get back into the game to push.
I look smart for now. hope not to dies urgly
 
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[cheongwee 04-07-2012]:

TT int, acc from 6.2 onward. Now do i look crazy like my friend said??? Would you believe that i actually buy on the 3 and still buying the way up.
Play not over,
TT int is not hopless, if we said that then we are hopless.
I may keep half to long, i have confident in the husband and wife team to bring TT int back .
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[cheongwee 03-07-2012]:

Would anyone believe that i m still acc TT int. U said i m crazy. But we will see later.
I m prepare to lose 17% for this one. I do not think it is over.not a call, it is risky.

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12 years 4 months ago #9810 by cheongwee
Replied by cheongwee on topic Re:Penny stocks ended because ....
Someone ask so i share here.
It is a no brainer.
SMRT...right nowanalyst call a sell, but u shd not, on the contrary, acc more. At this point of time, fund are parking their their money in so call safe haven paying a mere 1.6% that is way below inflation.
Now even if worse case, the yield of SMRT go down to 3%, it is still better than buying govt T-bill .
and last, this saga will come to pass, and SMRT is still SMRT, it is the one and only, can never go under., unless Singapore go under.
buy..
the last time, it was Starhub, becos they lose the Premier league, i bought at 1.9 to 2.0..look now i m in great profit, still holding and buying when it was at 286.
so your take.

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12 years 4 months ago #9812 by cheongwee
Replied by cheongwee on topic Re:Penny stocks ended because ....
I dont like to comment on analyst, but if they are smart, they wont be one.
I rememebr starhub, they call a sell at 1.7.
and then the rest is history. i dont think u can buy at 1.9 unless maybe euro collapse.
SMRT may go down to 1.4, i would love to collect more at these px.if it go there.
so far not vested.

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12 years 4 months ago #9814 by cheongwee
Replied by cheongwee on topic Re:Penny stocks ended because ....
Even if at this 1.68. we buy and go long, if it really so worse that it pay only $57 annually as div, going forward,instead of the $85.it is still a good deal. do some calculation.
I dont think u can buy at 1.38, analyst call.
but we never know invester mind., it may,But not likely.

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12 years 4 months ago #9815 by Observer
Replied by Observer on topic Re:Penny stocks ended because ....
Cheongwee, thank you for your thoughts on SMRT. I see it quite differently. If you read today's COI report, SMRT has been told it must re-focus on being an engineering & train operator. In the past, there was a lot of emphasis on increasing revenue from rental of retail space and other commercial aspects. SMRT will see its profit growth soften and its cost rise from more spending on maintenance. This combination will lead to investors rating the stock lower. Dividend payouts are likely to go lower too. It's slow and sure decline for the stock. 

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12 years 4 months ago #9816 by cheongwee
Replied by cheongwee on topic Re:Re:Penny stocks ended because ....
You must see over a long term basic, have u heard invester has short memory, look at starhub, i bought at 1.9 to 2.0..i only long blues, but i do sell together if mkt situation is real bad, and buy back later cheaper. I sold starhub once after the PL saga, in 2011.
If invester think really bad, it would have gone down long ago, i think the news is quite sometime old,right? , and the px is holding well.
Let say i bought at 1.68 today, and i dont mind to go super long term, and at say div of $57(previously i think it is $85 annually), i.e 3.4%. still better than FD.
And yrs from now, inflation , price can
 only go higher, salary, and of course, transport expense.
And with it the share price, buy with confident, don't be short sighted.
I have not bought this, but if it ever go down to 1.5.. i will buy it.
Maybe you try to hold a little longer see can buy lower, we dont know, but why this one, we have lot of choices.
I am not vested, just to share. It may be another starhub. I think long term this is worth 2.0 and abv. and one of the safest on SGX.

I think one potential for all to long, not me, is Cordlife, i bought more today at 53.5.
 
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[Observer 05-07-2012]:

Cheongwee, thank you for your thoughts on SMRT. I see it quite differently. If you read today's COI report, SMRT has been told it must re-focus on being an engineering & train operator. In the past, there was a lot of emphasis on increasing revenue from rental of retail space and other commercial aspects. SMRT will see its profit growth soften and its cost rise from more spending on maintenance. This combination will lead to investors rating the stock lower. Dividend payouts are likely to go lower too. It's slow and sure decline for the stock. 

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