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SIN HENG...the next MYMMMAR rush
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wavehunter
Supreme |
02-Sep-2026 20:14
Yells: "Trade what you see, not what you hope to see." |
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Bro yoga, Sampan breaking below 2.40 was expected. And we havent seen the low yet. I wont rule out 2.10-series to 2.20-series if we get a correction. If no correction, then maybe 2.30-series can find a handbrake there.
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sanvan
Master |
02-Sep-2026 19:48
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Other than Covid, the price has never been at this level. It hit 2.36. Matching done at 2.38. It seems tomorrow will start off at 2.36. I have a feeling the downside is limited. Probably anor 3 or 4c to 2.33/2. I AM actually tempted to buy. I am busy at work today but still tempted to buy. At 2.36, yield taking full 15c dividend is 6.35%. Hard to ignore that. I also have a feeling that Ah Warsh' s bad breath has been factored in. It is a bit like the rate hike has already taken place. US 10 year yield has hit 4.80%. In that sense the market has already raised interest rates even before Ah Warsh can take out his pen and paper to write. Am really toying with Queing at 2.33. Expectation is that the rate hike wont happen in September and it will fly to 2.50. Ok, better get back to work. Otherwise, wont finish and will have more problems.
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MrBear12
Supreme |
02-Sep-2026 19:15
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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don't look,
work instead.
it will turn around as it has in the past.
Go see the flowers in the fields.
Be of good cheer.
Look forward to Feb.... another round of solid dividends for our day to day living
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yoga123
Elite |
02-Sep-2026 18:47
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😳 Nearly fainted after seeing today' s closing price for Ascendas. | ||||
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wavehunter
Supreme |
02-Sep-2026 17:23
Yells: "Trade what you see, not what you hope to see." |
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General sanvan, Since you are into FLCT and CLINT, I jio you to take a look at CapLand Ascott Trust as well. Below is her Weekly Chart for your study.  And her Market Depth at market close today. .  You can see that this fellow is enjoying quite a fair bit of buying interest. The reason is clear. Becoz her Dividend Yield is in the 7% and above range. Here are some numbers for you to crunch.  |
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wavehunter
Supreme |
02-Sep-2026 16:18
Yells: "Trade what you see, not what you hope to see." |
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ANNOUNCEMENTS Enhanced Cost of Living Payout - $400 to $600. If you have a PayNow linked to your NRIC ( if linked to your phone no count one...Boh Par Kay one)...you will receive payout next Wed, 9 Sep 2026. Next Monday, 7 Sep 2026 is Labour Day in the US. So US markets will be closed. Next Friday, 11 Sep 2026 is the 1st day of the 8th month of the lunar calendar. So what does this mean ? It means it is time to CHEONG to Sheng Siong to buy cheap and good mooncakes !!! . 
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wavehunter
Supreme |
02-Sep-2026 15:51
Yells: "Trade what you see, not what you hope to see." |
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Bro spore, I know this may sound weird or even crazy to you. But I am actually hoping to see Bitmine back at $15. That way, I can load up another round at those low, low prices. After that wait for the storm, if any, to come and go. Then come Nov and Dec, the bull will wake up and run amok and bulldoze whichever bear that stands in its way. If I can buy again at $15, for her to double from $15 to $30 is chicken feat. And if can hold till $150, that' s 10x. She has shown us $160 in July this year. So what is $150 to her. Nothing. $150 is like just scratching the surface. She can go much higher given what is going to happen to Ethereum over the next 4 years. But for Bitmine to go back to $15, Ethereum will have to go back down to around $1800 thereabout. Hmmm.....dunno can or not. 
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wavehunter
Supreme |
02-Sep-2026 14:44
Yells: "Trade what you see, not what you hope to see." |
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Sampan at 2.39 : 2.40. If you are tempted to buy now, DONT. If cannot resist your itchy fingers, switch off computer or phone and go do something else. Like walk your dog. If no dog, then walk your goldfish. Or go clear your storeroom. |
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wavehunter
Supreme |
02-Sep-2026 14:40
Yells: "Trade what you see, not what you hope to see." |
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I can offer one suggestion. FLCT, CLINT and Capland Ascott Trust...these 3 probably have one thing in common - most holders are BUY & HOLD super long term investors, not traders. Which explains less wild price swings and fluctuations in their prices. Becoz most investors buy them to build a dividend portfolio to collect passive income either for retirement or to supplement their day job income. These people just hold forever. They dont jump in and out like traders do. That' s why not much price movement. If I may use an analogy, these 3 are like Senior Citizens Corner. Not like a discotheque. A Senior Citizens Corner is a place where you find stable and constant lighting to provide soothing and comfortable illumination for its users. The people at such a place are mostly sitting down reading a book or surfing online on their phones or with a laptop or having a quiet conversation or playing board games. It is generally quiet and peaceful with few people moving around. A discotheque is the complete opposite. It is dark with throbbing lights which provide intermittent illumination. People do not sit down and keep still. People are always moving around and walking and dancing and merry-making. The words " peace and quiet" do not exist in a discotheque. The music is always so damn blardy loud that to talk, you must shout. And even then, shouting doesnt mean the other guy heard you. He may just nod his head or smile out of politeness instead of asking you to repeat. FLCT, CLINT and CapLand Ascott Trust are all Senior Citizens Corners (SCCs). Investors who are in these 3 just BUY & HOLD indefinitely. If I am a Permanent Resident of these SCCs, what I will do is use market tops and bottoms to springclean my portfolio. At a market bottom, if funds permit, I will buy more. Then at a market top, I will sell some. The idea is to sell my shares bought at higher prices and replace them with shares bought at lower prices. That way, my average cost drops. Yield rises. By selling, I lock-in profits and free up ammo. At the next market bottom, this freed-up ammo can be put to work again to buy more shares at the low. The springcleaning is ongoing for as long as I am a PR there.
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sanvan
Master |
02-Sep-2026 13:19
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Sound advice Bro Bear. Patience and wisdom combined.
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sanvan
Master |
02-Sep-2026 13:16
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While Sampan has hit the March low, FLCT has not. FLCT is unabale to break through to go to the March low of 86c. Other than the coming dividend in November of 3c max, is there any other reason for it to be so resilient. Surely, the explanation cannot be that it is a better quality reit than Sampan. They both seem to be doing about the same. Dividend is more or less uncahnged. Perhaps more sellers in Sampan? Anyone with views? I am watching FLCT to add. But am miffed why it wont break 92c.
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wavehunter
Supreme |
02-Sep-2026 12:35
Yells: "Trade what you see, not what you hope to see." |
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US Job data will be out this Fri, 4 Sep. If new jobs created is below economists' expectations and especially if it confirms a downward trend of the economy creating less and less jobs over the last 3 months, this is cause for concern for the Fed. Next is CPI data on next Fri, 11 Sep. If inflation is flat or lower, that' s good news. If inflation creeps up, that will be somewhat validation of the Fed' s concern that they need to act fast to raise interest rate to arrest the worrisome inflation which is proving to be stubborn and sticky. The Fed has 2 mandate - to achieve full employment and to keep prices steady. It seems to me that between the two, Fed considers taming inflation as the more important and pressing task. If employment is not full, that merely mean some Americans are unemployed and need more time to look for jobs. But if inflation creeps up, EVERYONE rich or poor and employed or unemployed gets hurt. Inflation can lead to a recession. Unemployment does not cause a recession. Unemployment is a result of recession. So if inflation is unchecked, it will eventually lead to demand destruction which in turn will result in a recession. Then unemployment will rise dramatically. So I think Job data is not as important as CPI data. A good CPI data will send markets higher. But if CPI data shows inflation has crept up again, then brace for incoming. I am a stuckist in Bitmine. I am also a stuckist in SingTel. But I am not at all worried that my investments will go to zero. Meantime, I have CPF Life to pay my bills. Today is the 2nd day of Sep. A while ago, I received yet another notification that my money is in. That' s the beauty of CPF Life. My kopi and kaya toast are taken care of. I can BUY & HOLD for as long as I want. Coz I dont need trading income to put food on my table. Including Sep, I have received CPF Life payouts 4 times. During this period, there are 2 govt payouts - GST voucher and COL payout. Together, I am able to pull out $7000 from CPF Life and govt payouts to buy more of Bitmine and/or SingTel. I also have one battalion in IG Markets to fight the Battle of the Futures. I am thinking of pulling out that battalion to fight battles in Bitmine and SingTel. Havent decided yet. Still a work in progress. See how I feel when the time comes. 
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wavehunter
Supreme |
02-Sep-2026 09:55
Yells: "Trade what you see, not what you hope to see." |
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Sampan at 2.40 : 2.41. The last time she went there was in March 2020 during the Covid selldown. Those waiting to accumulate this fellow should just watch and wait. Follow her down first. Job data and CPI data are the next market movers. Followed by FOMC on 15-16 Sep. Market needs to react to Fed' s decision on interest rate and post-meeting comments....dovish or hawkish or neutral. Either we get a rally or that 10% to 15% correction may come if Fed raise rates and signal their resolve to keep raising rates till inflation is subdued. This type of hawkish tone will signal investors to take profits and move money to bonds. So dont be in a hurry to add sampan. Only if no rate hike and Kevin Warsh is not hawkish that there is a chance market may rally into September. |
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yoga123
Elite |
02-Sep-2026 01:34
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Thanks Bro Wave, I will likely try to stay away from monitoring Ascendas, and to distract myself with work and other positive things. Hopefully my itchy fingers does not betray me and I start selling my Ascendas recklessly as a result of desperation. Ugh.
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yoga123
Elite |
02-Sep-2026 01:27
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Appreciate your encouraging words, Bro sanvan. I have to remind myself to minimise looking at Ascendas and focus on other positive things. Distraction is better than desperation.
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MrBear12
Supreme |
02-Sep-2026 00:45
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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don't sell.
Keep.
ignore the paper losses
... the market does not know how to value this counter.
don't let others mistakes lead you to silly decisions.
just don't look at it, every year you'll collect dividends.
If you sell and buy others, who knows what kind of results? We may indeed be worse off!!!
So keep Ascendas, or buy more.
If you are still working, got salary can buy some more and build your portfolio of good stocks. This guy is one of them. Keep
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wavehunter
Supreme |
01-Sep-2026 23:37
Yells: "Trade what you see, not what you hope to see." |
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x 0
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Talking about American sailors and ladyboys waving pink lacy handkerchiefs reminds me of a story. A professor held a friendly competition within his class of university students. The task was simple - come up with a simple but yet effective drawing to advise people not to do drugs. 2 students were declared joint winners and surprisingly, both of them had exactly the same drawing to convey the anti-drug message. The drawing these students came up with was really very simple - the picture had one large circle and one tiny circle. The professor then invited the 1st student to come to the front of the class to explain his drawing to the class. Pointing at the larger circle, the student said " This is the size of your brain before you took drugs" and then pointing at the tiny circle, he continued " And this is the size of your brain after you do drugs" . The professor then invited the 2nd student to come to the front of the class. Pointing to the tiny circle, he said " This is the size of your assshole before you go to prison" . The whole class burst into hysterical laughter.  
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wavehunter
Supreme |
01-Sep-2026 22:42
Yells: "Trade what you see, not what you hope to see." |
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Aiyah, why USS Abraham Lincoln dont come to Singapore. Come lah. Then Bro yoga and I and anyone else interested can raise seed money by wearing makeup and wave pink lacy handkerchiefs at those macho sailors. 
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wavehunter
Supreme |
01-Sep-2026 22:37
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
In the later part of that same interview, he did say perhaps the correction will be pushed back to October instead.
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wavehunter
Supreme |
01-Sep-2026 22:32
Yells: "Trade what you see, not what you hope to see." |
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x 0
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Bro yoga, If it is any comfort to you, my paper loss for Bitmine is more than your 11k loss. But I am not bothered by it. I am confident my paper loss will be erased in time and this bet will become profitable. If I get it wrong and have to take a loss, I am prepared for it too. But really, deep in my heart, I dont think this is one trade where I have to take a loss. Its just about time only. As long as I can hold, I will see my paper loss erased and replaced by paper profits. I am even contemplating adding more positions. This underscores my belief in Bitmine that she will deliver. So Bro yoga, no need to be disgusted with yourself over an 11k paper loss. Otherwise what about me? My paper loss is much higher than yours. Then I need to jump off the platform into Marina Bay izzit? Cool it lah. Though come to think of it, jumping into Marina Bay may well be quite cooling.  If you do nothing, continue to hold your sampan and collect dividends, in time, you will erase your 11k paper loss. Its all about time only. Sampan pays 15 cts dividends per year. 18 yrs = $2.70. After 18 yrs, your sampan will become absolutely free. When you sell, your entire sales proceeds are your profits. But if you add more sampan during a correction, then you dont have to wait 18 yrs to get out. The more sampan you can add, the sooner you can get out. Which is why I want to add more Bitmine. So that I dont have to wait for her to reach $250 for me to reach a certain profit target. By adding more, I will reach that same profit target when she is at $162. Which is a shorter wait than to wait for $250. One suggestion I can offer you is this: 1. Keep holding your sampan for now. Since it is already so low at 2.41, it is too low to sell ler. To do the sell higher and buyback lower, the price has to be higher. Bro sanvan sold at 2.59 recently. That was a good price to sell based on current circumstances and market conditions. 2. Save up from your income to set aside 5k to 10k to invest in Bitmine. If she does a 2x, your capital will become 10k to 20k. If she does a 5x, you are looking at 25k to 50k. Its okay to invest in drips and draps as and when funds are available. If you can afford $1000 for now, then do $1000. Invest another $1000 next month. If have more, put in more. Especially if the price of Bitmine dips. When her price is low, you want to invest more. That' s the whole idea. So that when she wakes up and run, you are already on board. The market is expected to blast off in Nov and Dec. So the plan is to buy Bitmine when her price is lower in Sep and Oct. All the best, Bro yoga.
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