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bystander1965
    09-Mar-2021 07:46  
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The top 2 are Frasers L& C and Keppel Reit. They have about the same number of outstanding shares (34xx b). So as long as FLC price is higher than KR, FLC will be the one.
So does that mean FLC is unlikely to fall much (about 15-20c higher than KR now) before that happens? Maybe after that it will. cheeky
Anyway, like I said earlier, me guan only for now.

wavehunter      ( Date: 08-Mar-2021 22:43) Posted:

Yes.
Frasers L & C is the 1st in the STI Reserve List to succeed anyone who leaves the index.

.

http://www.businesstimes.com.sg/companies-markets/sti-reserve-list-s-reits-active-with-ma-deals

bystander1965      ( Date: 08-Mar-2021 20:00) Posted:

As others have shown, if JMH is merged with JS, then JS will be removed from the index. Frasers L& C is likely to be the one to replace it


 
 
bystander1965
    09-Mar-2021 07:42  
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Whether it' s for real or not doesn' t matter. It' s an excuse to sell.

That' s why I said that.
Actually interest rate generally goes up when economy is looking up. Good for business, including reits, no?
But interest rates hurt borrowing cost which reits have huge chunk. Bad for them (and other business also), no?
So it' s a double edge sword. Upto whoever claiming to be experts to interpret.

To me, when it' s time it is correcting, everyone will sing the second opinion. But if it is on an uptrend, everyone will be singing the first opinion. End result, just market noise. I ignore and stick to my own game.
 

wavehunter      ( Date: 08-Mar-2021 22:51) Posted:

During Yellen' s time as Fed Chair, interest rate rose.
Back then, there was likewise so much talk about a rising interest rate environment is bad for REITs.
DunnoWhen " downgraded" REITs and called for SELL.
But what happened to our REITs?
They did this....


.


bystander1965      ( Date: 08-Mar-2021 17:39) Posted:

Interest rate always affects these counters. Whether it' s for real or not doesn' t matter. It' s an excuse to sell. So I wait lor to see how low the reits will go. Anyway most of them are on the down trend. I will wait for signs of turn-around first


 
 
wavehunter
    08-Mar-2021 22:51  
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During Yellen' s time as Fed Chair, interest rate rose.
Back then, there was likewise so much talk about a rising interest rate environment is bad for REITs.
DunnoWhen " downgraded" REITs and called for SELL.
But what happened to our REITs?
They did this....


.


bystander1965      ( Date: 08-Mar-2021 17:39) Posted:

Interest rate always affects these counters. Whether it' s for real or not doesn' t matter. It' s an excuse to sell. So I wait lor to see how low the reits will go. Anyway most of them are on the down trend. I will wait for signs of turn-around first.

wavehunter      ( Date: 08-Mar-2021 17:35) Posted:

Why your caution against REITs?
Valuation?
But for them to be attractive enough to you to drop to low low valuations, we may not see them fall to those levels even if we
have a 10% correction. 


 

 
wavehunter
    08-Mar-2021 22:43  
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Yes.
Frasers L & C is the 1st in the STI Reserve List to succeed anyone who leaves the index.

.

http://www.businesstimes.com.sg/companies-markets/sti-reserve-list-s-reits-active-with-ma-deals

bystander1965      ( Date: 08-Mar-2021 20:00) Posted:

As others have shown, if JMH is merged with JS, then JS will be removed from the index. Frasers L& C is likely to be the one to replace it.

wavehunter      ( Date: 08-Mar-2021 09:41) Posted:

Frasers L & C... simi tai chi har?
She was sold down whole of last week and week before.
Today suddenly up 6 cts at 1.39 : 1.40.
Shortcovering???


 
 
TikTalk
    08-Mar-2021 22:43  
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Dow futures +210

Can up 300 to 500 again?
 
 
spore1
    08-Mar-2021 22:26  
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Good price is bAck! Nibble small qty and space out your purchase plan. Dyodd

wavehunter      ( Date: 08-Mar-2021 17:35) Posted:

Why your caution against REITs?
Valuation?
But for them to be attractive enough to you to drop to low low valuations, we may not see them fall to those levels even if we
have a 10% correction. 

bystander1965      ( Date: 08-Mar-2021 15:56) Posted:

Me kuan only. Not planning to touch any reits atm


 

 
TikTalk
    08-Mar-2021 22:17  
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https://www.cnbc.com/2021/03/08/david-tepper-is-getting-bullish-on-stocks-believes-rising-rates-are-set-to-stabilize.html
 
 
bystander1965
    08-Mar-2021 22:04  
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Any of you >60 booked for the immunization?
 
 
bystander1965
    08-Mar-2021 20:00  
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As others have shown, if JMH is merged with JS, then JS will be removed from the index. Frasers L& C is likely to be the one to replace it.

wavehunter      ( Date: 08-Mar-2021 09:41) Posted:

Frasers L & C... simi tai chi har?
She was sold down whole of last week and week before.
Today suddenly up 6 cts at 1.39 : 1.40.
Shortcovering???

 
 
TikTalk
    08-Mar-2021 19:17  
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Lets see how it turn out in the coming days. 9days ma continue to provide resistance.
 

wavehunter      ( Date: 08-Mar-2021 14:35) Posted:

See what I mean now?
As long as there is a seller with a huge SELL order to fill, the selling will continue and it doesnt matter whether Dow is +500 pts
or -500 pts and for that matter, even if Dow is up +1000 pts, the selling will continue as well.
Now 2.90 : 2.91.
We will still see a bounce to 2.92 : 2.93.
But I will ignore it. 

TikTalk      ( Date: 08-Mar-2021 13:20) Posted:

AR 2.90/91
testing testing


 

 
bystander1965
    08-Mar-2021 17:39  
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Interest rate always affects these counters. Whether it' s for real or not doesn' t matter. It' s an excuse to sell. So I wait lor to see how low the reits will go. Anyway most of them are on the down trend. I will wait for signs of turn-around first.

wavehunter      ( Date: 08-Mar-2021 17:35) Posted:

Why your caution against REITs?
Valuation?
But for them to be attractive enough to you to drop to low low valuations, we may not see them fall to those levels even if we
have a 10% correction. 

bystander1965      ( Date: 08-Mar-2021 15:56) Posted:

Me kuan only. Not planning to touch any reits atm


 
 
wavehunter
    08-Mar-2021 17:35  
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Why your caution against REITs?
Valuation?
But for them to be attractive enough to you to drop to low low valuations, we may not see them fall to those levels even if we
have a 10% correction. 

bystander1965      ( Date: 08-Mar-2021 15:56) Posted:

Me kuan only. Not planning to touch any reits atm.

wavehunter      ( Date: 08-Mar-2021 15:52) Posted:

Already reached.
But I am not at all excited let alone keen to buy.
Becoz if Wall Street boys are going to bring down the market by so much that retirees will have tears welling up in their eyes,
then 2.88 will seem like the top floor of UOB Plaza when this stock has reached the ground floor.
MAR 2020 Low was $2.21. 
I dont expect to see that again.
But maybe... just for fun.... 2.21 plus 2.88 divide by 2 = $2.55


 
 
wavehunter
    08-Mar-2021 17:32  
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Whoever is responsible for this wants the STI to look green.
But why?
Your guess is as good as mine.
Could be they LONG in STI.... so hoot high high.
OR...
They want to give the false impression of strength so that retails and small funds chase the other smaller STI component stocks.
Then the manipulator distributes.
And they could be already LONG in banks 3 weeks ago. Now they push high to distribute and to collect SHORTs.
Can be anything one.
We will know only weeks or months from now when the water has settled and we connect the dots and read the chart backwards
when we can with absolute confidence say..... " Oh !!! So here he did this. And then there, he did that" and so on and so forth.
Bro Bystander mentioned this to me before when I posted a chart and tried to do an analysis of what happened in the last few months.
He referred to it as reading the chart backwards. Which is easy. Becoz you cant go wrong one. Reading backwards you can already
see what the stock did. All you need to do is to connect the dots and make sense of it. But reading a stock forward is not so easy.
It is very hard, in fact. Becoz you cant see what' s ahead. You can only use past behaviour and patterns to guess what the stock is
likely to do next. If risk $100 on your prediction is one thing. But if risk $1000 on your prediction is another thing. Which is why I am
hoping that the Professori will succeed in finding the Holy Grail to trading so that 7 out of 10 times we will know what is going to happen
BEFORE IT HAPPEN. So that we can put our chips on the table. On those 7 times when right, we ride. On the other 3 times when wrong,
we bring out the axe and move on. 

john_ric      ( Date: 08-Mar-2021 16:42) Posted:

watch out. market is rather fishy.
only the 3 banks , the Jadines families , great eastern and haw par are flying.
Other sec lines blue chips like kepcorse, cityD, ifast, nanofilms, wilmar, top glove etc are quietly retreating.

 
 
wavehunter
    08-Mar-2021 17:21  
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Professori..

What' s the plan?
Thanks.

Kazerin      ( Date: 08-Mar-2021 15:54) Posted:

nicely played out. 

wavehunter      ( Date: 08-Mar-2021 15:36) Posted:

Hit 5.25 earlier.
Now 5.26 : 5.28.
If Dow is going to cry woof again tonite, tomorrow during early trading can buy cheaper.
For those who dare to buy, that is.
 


 
 
3DecadesTrader
    08-Mar-2021 17:14  
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local bank counters must fall in price & maybe other counters will rise in price.
 

 
3DecadesTrader
    08-Mar-2021 16:52  
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SGX regulators r not doing anything

3DecadesTrader      ( Date: 08-Mar-2021 16:50) Posted:

Ya, after today, many will quit SG stock market because all the surge r in the banks' counters.

john_ric      ( Date: 08-Mar-2021 16:42) Posted:

watch out. market is rather fishy.
only the 3 banks , the Jadines families , great eastern and haw par are flying.
Other sec lines blue chips like kepcorse, cityD, ifast, nanofilms, wilmar, top glove etc are quietly retreating.


 
 
3DecadesTrader
    08-Mar-2021 16:50  
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Ya, after today, many will quit SG stock market because all the surge r in the banks' counters.

john_ric      ( Date: 08-Mar-2021 16:42) Posted:

watch out. market is rather fishy.
only the 3 banks , the Jadines families , great eastern and haw par are flying.
Other sec lines blue chips like kepcorse, cityD, ifast, nanofilms, wilmar, top glove etc are quietly retreating.

 
 
john_ric
    08-Mar-2021 16:42  
Contact    Quote!
watch out. market is rather fishy.
only the 3 banks , the Jadines families , great eastern and haw par are flying.
Other sec lines blue chips like kepcorse, cityD, ifast, nanofilms, wilmar, top glove etc are quietly retreating.
 
 
s100125
    08-Mar-2021 16:35  
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US printing money like no body business just to distributes to those jobless to spend. The money will in turn go into those rich businessman pocket and stock market. When the bear come, it going to be a very very hard landing for the US economy.
 
 
rotijai
    08-Mar-2021 16:12  
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boss wave..

like what i said... many are expecting the bull musical chair to stop soon... but it is still not over yet (now) and people are jumping in and out on selective stocks.. and the higher STI goes up... the less index stocks will be joining...

wavehunter      ( Date: 08-Mar-2021 15:54) Posted:

Market kena left right and centre but SAX can still hang on to 10.00 : 10.01.
Shouldnt she be at 9.00 or closer to 9.00 now? This fellow har. One kind one. 

 
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