Post Reply
241-260 of 443
Live and let live guys... live and let live 👍 👍
Yes noslen, I was referring to you and not ytthong1951 who failed to realise it. I have no interest to reply his comments anymore as I have already made my case, There is no point to continue such an unconstructive discussion since one has already made up his/her mind regardless of circumstances. It is one' s money, not others, so be it. If one makes money from OUE, that' s good, while those who made losses can switch to other stocks instead.
noslen ( Date: 23-Sep-2019 19:43) Posted:
|
Chill ah... he was referring to me as the old timer since i mentioned i started trading oue 8 years ago (actually he's right too in terms of my age lah) and he was replying to my post.
It's just his opinion and of course you can disagree, just like he's disagreeing with you, don't have to take it to heart.
Just like i said, i understand and share your views on OUE when i bought it. But sold it because i realised majority don't see it that way and i start to understand why majority not buying their story.
It's just his opinion and of course you can disagree, just like he's disagreeing with you, don't have to take it to heart.
Just like i said, i understand and share your views on OUE when i bought it. But sold it because i realised majority don't see it that way and i start to understand why majority not buying their story.
ytthong1951 ( Date: 23-Sep-2019 19:19) Posted:
|
If you're in the market for a while, you will know that price goes up not purely due to logics or nta or what sort ever. For some unknown reasons, some stocks just will not be profitable for a super long time for investors even on paper they are deeply undervalued or giving dividends. Why? Nobody can explain and that's why it's value traps. My suggestion is to avoid this sort of stock as much as possible to prevent constant frustrations and disappointments due to its enduring strange low price range which is not supported by its merits on paper.
I' m surprised that you ' re an expert when so far you ' ve made another sweeping statement ' you ' re an old timer when you don' t really know me' & assume that I' ve been burnt. I quote
another such sweeping statement that you made on 23Sept 16.20 that you focussed on selective counter like Oue,' you continue to buy & your position will always be in the red' .
Oh pse stop these assumptions & counter what I' ve raised directly, point by point, not with such nonsense. wyeo.
another such sweeping statement that you made on 23Sept 16.20 that you focussed on selective counter like Oue,' you continue to buy & your position will always be in the red' .
Oh pse stop these assumptions & counter what I' ve raised directly, point by point, not with such nonsense. wyeo.
All the older timers like yourself who have invested in OUE many years ago are feeling the burnt as the share price has been decling since 2010 at the peak of $3.57.
noslen ( Date: 23-Sep-2019 16:23) Posted:
|
Up to you to live in self-denial as it is your own money.
noslen is able to understand what I am driving at. I don' t need to prove my case anymore as it your own choice and money.
noslen is able to understand what I am driving at. I don' t need to prove my case anymore as it your own choice and money.
ytthong1951 ( Date: 23-Sep-2019 16:25) Posted:
|
What you say abt. the share price & the dividend is true but not at every level of the share price. wyeo.
In logic, analogy is not quite acceptable to prove your case. What more if the analogy is a very poor one. wyeo
True story.... event though it is just an illustration using Lippo Malls reits. I have traded OUE since 8 years ago in and out a few times but have been keeping track of it (like an ex lover). I don't have the time to dig out the stats like you do but yes i can vouch that this is exactly the situation with OUE, the share price dropped more than the dividends pay out and it is just not worth waiting for the dividends. In fact, the best strategy is still sell on news or announcement (at loss or small gain).
TA_Expert ( Date: 23-Sep-2019 16:14) Posted:
|
One of the main issues in SGX is lack of depth and liquidity. As a result, only a handful of stocks will move over time.
noslen ( Date: 23-Sep-2019 16:11) Posted:
|
You can continue to average down if you are deep pockets and only focusing on very selective counters, like OUE.
At the end of the day, you can continue to buy but your position will always be in red. If that is your investment philosophy, so be it, it is your own money.
At the end of the day, you can continue to buy but your position will always be in red. If that is your investment philosophy, so be it, it is your own money.
ytthong1951 ( Date: 23-Sep-2019 16:07) Posted:
|
What does a long-term investor entail?
Dividend payout annually but with declining share price? For example, receive 5 cents dividend but share price drops 20 cents.
I shall use another counter as an illustration.
Lippo Malls Indonesia Retail Trust (IPO = $0.80)
When the REIT was listed in 2007, Temasek Holdings was a major shareholder, owning mainly through Mapletree Investments Pte Ltd (Lippo Malls Indonesia Retail Trust used to be known as Lippo-Mapletree Indonesia Retail Trust).
However, for some unknown reasons, Temasek Holdings sold its stake in 2011 to Lippo Karawaci for $0.56 per share.
Temasek made the right move by cutting losses in 2011. In 2019, the share price is trading at $0.23.
The REIT has been declaring dividends but the drop in share price wipe out the dividends. In the end, investors still in lose position.
Of course, OUE and Lippo REIT are different. I am just using it as an example if a long-term investor will to hold the shares until now without rebalancing despite knowing that the porfolio is in red.
Dividend payout annually but with declining share price? For example, receive 5 cents dividend but share price drops 20 cents.
I shall use another counter as an illustration.
Lippo Malls Indonesia Retail Trust (IPO = $0.80)
When the REIT was listed in 2007, Temasek Holdings was a major shareholder, owning mainly through Mapletree Investments Pte Ltd (Lippo Malls Indonesia Retail Trust used to be known as Lippo-Mapletree Indonesia Retail Trust).
However, for some unknown reasons, Temasek Holdings sold its stake in 2011 to Lippo Karawaci for $0.56 per share.
Temasek made the right move by cutting losses in 2011. In 2019, the share price is trading at $0.23.
The REIT has been declaring dividends but the drop in share price wipe out the dividends. In the end, investors still in lose position.
Of course, OUE and Lippo REIT are different. I am just using it as an example if a long-term investor will to hold the shares until now without rebalancing despite knowing that the porfolio is in red.
ytthong1951 ( Date: 23-Sep-2019 15:33) Posted:
|
wyeo, i have traded OUE a few times since it was trading at $3 and i cut losses a few times and even though i had received its dividends, i am still on net losses. Yes there are times i gained (a little) when i bought low and sold it at 5% gain but that's all it is for OUE, you try to catch it on low and sell it on small gain, (don't get sentimental and start having a feeling with the stock).
Yes i invested in OUE with the same logic as you, looking at their assets, NTA, P&L and a couple of times when they went into new businesses (resort/casino in Korea and healthcare), i was hopeful but yet it never come into fruition. But most importantly i asked myself, are there any interest from institution or retail investors? the answer is no and that is important for me, it's simple, no demand, no movement and sadly this is how it is.... just like not all smart and good guy will be rich, not all good company are appreciated.
So when i bought it recently at average of 1.50, was expecting the sales of US Bank tower or Oakwood to drive it to 1.60 or more but seeing the interest level is so low, i would rather make a small gain by selling it last week.... Will i buy it again? Maybe (yes i am a sucker for OUE) but only at lower than 1.45 and wait for the news of US bank tower and sell it once the news is out, not going to even wait for the dividend.
Yes i invested in OUE with the same logic as you, looking at their assets, NTA, P&L and a couple of times when they went into new businesses (resort/casino in Korea and healthcare), i was hopeful but yet it never come into fruition. But most importantly i asked myself, are there any interest from institution or retail investors? the answer is no and that is important for me, it's simple, no demand, no movement and sadly this is how it is.... just like not all smart and good guy will be rich, not all good company are appreciated.
So when i bought it recently at average of 1.50, was expecting the sales of US Bank tower or Oakwood to drive it to 1.60 or more but seeing the interest level is so low, i would rather make a small gain by selling it last week.... Will i buy it again? Maybe (yes i am a sucker for OUE) but only at lower than 1.45 and wait for the news of US bank tower and sell it once the news is out, not going to even wait for the dividend.
ytthong1951 ( Date: 23-Sep-2019 15:33) Posted:
|
If Oue drops to $1 or below, I ' ll surely buy if its asset quality in key cities as mentioned below continues to be more than 90% of its total assets. I agree with lausk22, that' s why I' m in defensive stock
with big, big discount & ' ve kept my gunpowder quite dry just in case. It is not that Noslen is talking nonsense. No what he knows in my view is not enough yet. Keep learning & fight another day. I' m
a contrarian & my view is opposite to the market. When the market is selling & selling, I' m excited & keep doing my research to pick up what I think are oversold stocks based on my metrics. wyeo.
with big, big discount & ' ve kept my gunpowder quite dry just in case. It is not that Noslen is talking nonsense. No what he knows in my view is not enough yet. Keep learning & fight another day. I' m
a contrarian & my view is opposite to the market. When the market is selling & selling, I' m excited & keep doing my research to pick up what I think are oversold stocks based on my metrics. wyeo.
Anyway, most stocks on the SGX are not that exciting. Most are traded in tight ranges and downwards.
ytthong1951 ( Date: 23-Sep-2019 15:33) Posted:
|
I' m a short or medium term player on Oue,but cd be a long player depending on what it does going forward.. But both of you have not countered all the points that I raised. I appreciate if you do so, so that
I can learn & assess Oue better. wyeo.
I can learn & assess Oue better. wyeo.
wyeo, don't get me wrong, i still wish you well and OUE to fulfill its potential. But unfortunately not many investors see it your way thus the low volume and lacklustre share movement.... the only way this stock will go up is when it transform its business drastically which i doubt will happen because the management is rather conservative. Yes so what if it is giving good yield but at the expenses of the share price dropping more than the dividend distributed? Just doesn't make sense to me to hold on to it and wait for the next sales... what's next? the US Bank tower? yes it might surge forward but doubt it will hold again like what we are seeing now.
ytthong1951 ( Date: 23-Sep-2019 15:19) Posted:
|
He is a strong believer of OUE, so everything doesn' t matter even if the share price drops to $1 or below,
Just like those investors who strongly believe in Hyflux without understanding the business and share price trend are facing the brunt before cutting losses long time ago.
Just like those investors who strongly believe in Hyflux without understanding the business and share price trend are facing the brunt before cutting losses long time ago.
noslen ( Date: 23-Sep-2019 15:16) Posted:
|
It has more than 90% of its total assets in key cities in S' pore, US, Japan & China, yet you lump it the same as other Indonesian cos. wh. you say almost all collapse since IPOs. wyeo