ShareJunction - Member Posts

x 0

I did not average down from big amount. Many probably mistaken cos I am not a trader

I only bought small number of lots at begining. I never intended to buy so much but as the prices went lower, I decided to buy more and more.

So it is like a pyramid. My biggest buy were at the bottom, not at the top

x 0

I had wanted to buy at 3.62 and ended up buying 3.66 - 3.68 and the last one 3,63

Can never predict the market.

Advise to hold. Dont buy any more

investor999 ( Date: 24-Jul-2020 23:31) Posted:

Never thought it would go to 3.62. But this was the level of my intended averaging until I changed my mind to buy at 3.66 to 3.68

Today decided to buy another 15,000 shares at 3.63

This will be my last buy and I will close shop as planned.

x 0

You cannot compare SIA to a semi conductor company. That one can be sold for a song. Not our national carrier

dcools ( Date: 26-Jul-2020 09:37) Posted:

if u think Sia is at low price and probably won't fall much further. I gave an example in earlier post that chattered semiconductor fell fr 20 dollars all the way to less than 20c, killing plenty of ignorant investors, who blindly believe it will eventually recovered.

x 0

Agree.

I have already caught the falling knife and now I declare I am not buying more no matter how low the price goes lower.

Have to prepare funds just in case SIA exercise its option to raise another MCB

vicloo ( Date: 25-Jul-2020 13:19) Posted:

Yes never try to catch a falling knife, cut loss or just hold. Dont buy more.

uiop1223 ( Date: 25-Jul-2020 08:40) Posted:

WB is just like any other prudent investor. Admit mistake, cut loss and move on. Averaging down is silly when its clear the company got problem. Just add on to your loss.

x 0

Averaging down is not always wrong. You need to have confidence the company will turn around

uiop1223 ( Date: 25-Jul-2020 08:40) Posted:

WB is just like any other prudent investor. Admit mistake, cut loss and move on. Averaging down is silly when its clear the company got problem. Just add on to your loss.

vicloo ( Date: 25-Jul-2020 07:07) Posted:

Yes it is hard to know when is the top... Thats why Warren Buffert is called God of shares. His famous answer to this question how long should hold a good and high potential stock before taking profit. His reply "AS LONG AS YOU CAN"

He hold many counters example Coke, US postal etc for several decades, and these stock when up over few hundreds or thousands folds.... Splits after splits.... Lol

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I think the recent sell down of SIA by banks is due to this fear. If the pandamic is more prolonged and SIA already maxed its loans. The next option is to exercise its MCB option. The price of MCB will be out lower base on current SIA price..But investors have to cough out money for the long term again

dcools ( Date: 26-Jul-2020 09:05) Posted:

if the pandemic last longer than expected.

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We don't have this of stock at the moment. It is difficult to find another Netflix or amazon at the moment. Glove company is too high and breaking. To invest in penny stock with such potential is too risky. In fact it is still safer to invest in blue chips

vicloo ( Date: 25-Jul-2020 07:07) Posted:

Yes it is hard to know when is the top... Thats why Warren Buffert is called God of shares. His famous answer to this question how long should hold a good and high potential stock before taking profit. His reply "AS LONG AS YOU CAN"

He hold many counters example Coke, US postal etc for several decades, and these stock when up over few hundreds or thousands folds.... Splits after splits.... Lol

investor999 ( Date: 25-Jul-2020 00:10) Posted:

Just to share my past experience.

Before the Asian Fiancial Crisis of 2008, I bought a wrong counter continuosly for almost 2 years and had to liquidate during the crisis losing a million dollars.

Was devastated. Worked hard to pay off debts. Then I saw the opportunity in US shares in particular Apple counter. It was being shorted all the way down to 40 USD. I kept averaging down and stopped when it started to move up.

I liquidated early when Apple was 140 USD and made 300K, to buy property. If I have kept that counter I would have made more than a million. But who know when is the top?

Similarly who know when is the bottom of SIA?

I chose SIA because I cannot to lose any more money at this age. But I believe it is only a matter of time this counter turned around. I can affort to liquidate at lower price because my cost is lower now.

No regrets

All the best

x 0

You also think SIA will file for bankruptcy

dcools ( Date: 26-Jul-2020 08:50) Posted:

Sia is a company with high financial leverage and high operating leverage. this probably a worst time to invest in such a stock, declining revenue with high fixed charges. Sia could file for bankruptcy if pandemic last much longer than expected. a good example chartered semiconductor which sell for 20 dollars to less than 20c, finally sold at low price.

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Why do you say it is insane to get people like me to invest in SIA?

SAVIORFOREVER ( Date: 25-Jul-2020 00:56) Posted:

You must be insane to get ppl invest in SIA like you.
It has not seen the bottom and you must know that recovery is very slow and painful. Don't give yourself false hopes.
If ever dropped another 30 cents then you would have wished you never enter at all.
If Singapore cannot get out of the technical recession, what will happen to the stock market. Will it be battered?

Trade with prudence and buy low sell high and DYODD

investor999 ( Date: 25-Jul-2020 00:10) Posted:

Just to share my past experience.

Before the Asian Fiancial Crisis of 2008, I bought a wrong counter continuosly for almost 2 years and had to liquidate during the crisis losing a million dollars.

Was devastated. Worked hard to pay off debts. Then I saw the opportunity in US shares in particular Apple counter. It was being shorted all the way down to 40 USD. I kept averaging down and stopped when it started to move up.

I liquidated early when Apple was 140 USD and made 300K, to buy property. If I have kept that counter I would have made more than a million. But who know when is the top?

Similarly who know when is the bottom of SIA?

I chose SIA because I cannot to lose any more money at this age. But I believe it is only a matter of time this counter turned around. I can affort to liquidate at lower price because my cost is lower now.

No regrets

All the best

x 0

If I understand you correctly, you are saying that SIA will fill for bankruptcy and be sold to pay the losses? And it is not a big deal, meaning probably can happen?
Then Temasek will start another singapore airline ( with a smaller capital?)

OK I am not arguing with you over this.

x 0

Just to share my past experience.

Before the Asian Fiancial Crisis of 2008, I bought a wrong counter continuosly for almost 2 years and had to liquidate during the crisis losing a million dollars.

Was devastated. Worked hard to pay off debts. Then I saw the opportunity in US shares in particular Apple counter. It was being shorted all the way down to 40 USD. I kept averaging down and stopped when it started to move up.

I liquidated early when Apple was 140 USD and made 300K, to buy property. If I have kept that counter I would have made more than a million. But who know when is the top?

Similarly who know when is the bottom of SIA?

I chose SIA because I cannot to lose any more money at this age. But I believe it is only a matter of time this counter turned around. I can affort to liquidate at lower price because my cost is lower now.

No regrets

All the best

x 0

Never thought it would go to 3.62. But this was the level of my intended averaging until I changed my mind to buy at 3.66 to 3.68

Today decided to buy another 15,000 shares at 3.63

This will be my last buy and I will close shop as planned.

x 0

This is the result of over doing it. Every few days keep saying bad and bad. There come a time people get fed up

hotelgrand ( Date: 23-Jul-2020 20:50) Posted:

self prophescy..below $3.00..but first will drop below $3.50..where.those who bought right on open marketband subcribe...all will start selling ..everyday fly die dont fly also die...burning cash evvery.day

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next week I am going to close shop and sleep. I have already done my job

investor999 ( Date: 23-Jul-2020 15:10) Posted:

Volume is low..price just move up and down haphazardly. Not good for trading

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Volume is low..price just move up and down haphazardly. Not good for trading

x 0

Very little meat left to extract from short term trading..most don't want to put money and get stuck

Trader130 ( Date: 23-Jul-2020 14:42) Posted:

Short earn abit nia ... think more hope it drop more so to accumulate.. hurst shout drop better

investor999 ( Date: 23-Jul-2020 14:19) Posted:

Unfortunately many traders have been psychological damaged by the short SIA propaganda

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Unfortunately many traders have been psychological damaged by the short SIA propaganda

therock1818 ( Date: 23-Jul-2020 13:47) Posted:

cheap cheap. no buy dont regret. SG miss holidays.. think long term.

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Is there some computer programme that match buyers and sellers over different times?

Trader130 ( Date: 23-Jul-2020 12:08) Posted:

For show only

investor999 ( Date: 23-Jul-2020 11:40) Posted:

I often observe that share price often go up when people start selling their shares. WHY?

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I often observe that share price often go up when people start selling their shares. WHY?

x 0

In the movie Inception, the believe is implanted. We have received many negative news that it is imprinted into our mind. Airline will go down..scarry