Latest Forum Topics / Neptune Orient L Rg | Post Reply |
NOL
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HLJHLJ
Veteran |
14-Sep-2011 22:35
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Remember to  reserve some for rights call as well. Otherwise, can panic! History has shown that during bad times, companies do call rights to ride over and it has happened to NOL before.
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xing78
Elite |
14-Sep-2011 22:35
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I started out with 10k cash + 20k CPF back in 2004. Probably I was lucky. You are right to say 200k is not enough for retirement in Singapore. At most it will last you for 3.5 years in Singapore (based on a 5k per month expenditure) for a typical household.  LOL No risk no gain. 
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xing78
Elite |
14-Sep-2011 22:29
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Genting not at the lows and since it is not incorporated in Singapore you cannot use CPF to trade. I did not find any other blue chips right at the lows of the chart except NOL. If you do, kindly let me know and I will like to look it up for a possible buy n hold. :p Here's the chart of NOL.  
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iPunter
Supreme |
14-Sep-2011 22:14
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$200k is hardly enough to be the capital for stocks play (dedicated),     let alone support one's retirement... 
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stevenk
Member |
14-Sep-2011 22:09
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hi, genting is not in the list of stock that are allowed to use cpf to buy. | ||||
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Richman
Veteran |
14-Sep-2011 21:59
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I am buying liao This one is Temasek's Baby |
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tiancai007
Master |
14-Sep-2011 21:59
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Btw, what do you think of Genting as a long term investment (3-5yrs)? I'm thinking of using my CPF as well. But entry price is $1.3 (if it ever reaches)...
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tiancai007
Master |
14-Sep-2011 21:54
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That's a very smart and prudent investment. After all the uncertainties are over, in 3-5 yrs, i'm sure NOL will be back to the $2 plus range or higher. By then, ur 100k investment will become 200k. Wow, can retire early liao. Haha. |
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xing78
Elite |
14-Sep-2011 21:18
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guess i was lucky to have started early and make some during 05 to 07 china bull run thru funds investment initially before switching out.
during that period is really any how buy any how gain.
lol.
i seldom use cpf to long a counter.
but nol is different as it hit 2 year low in august and rebounded.
it is not often a sti component counter hit 2 year low.
i am prepared to buy and hold for 3 to 5 years. so no worry for me to liquidate at a loss. LOL
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tiancai007
Master |
14-Sep-2011 20:08
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Wow, u got so much in ur CPF? Over 100k. Big business... Much have worked for very long already. Hehe...
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iPunter
Supreme |
14-Sep-2011 18:43
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You are super confident, and tell others your bets,     especially that you are averaging down .         But then, when or if you go " pok!" , everyone knows...                       and you will be " malu" (paisay)...  
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xing78
Elite |
14-Sep-2011 17:38
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I dunno why you guys so quick to sell unless using CFD to leverage up which is very risky play if you do that in this volatile market condition. So eager to give brokerage commission fee? No $1.35 no sell for me. Currently I am holding 80 lots bought @ $1.155 using CPF last week. I will buy more if it goes to $1.  Good Luck :p |
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dc16888
Senior |
14-Sep-2011 17:25
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hai.. feel so good, empty all. http://www.tradestockdiary.blogspot.com http://www.holistichealingnatural.blogspot.com |
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goldenpiggy
Senior |
14-Sep-2011 17:05
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thanks gavinl.. i am out already.. managed to get out earlier...  :p thanks for the concern....  was kan cheong also... haha.
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gavinl
Elite |
14-Sep-2011 17:02
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Still got chance,2 more lots to go.
If cant sell,is ok.
Keep it,if not plus commission not worth it.
Wait for 1.13 and above.
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dc16888
Senior |
14-Sep-2011 16:59
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sold at market price. http://www.tradestockdiary.blogspot.com http://www.holistichealingnatural.blogspot.com |
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gavinl
Elite |
14-Sep-2011 16:57
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Kan cheong for u.
Left 6 lots to go.
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goldenpiggy
Senior |
14-Sep-2011 16:39
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yap.. 10 lots... thanks gavinl. all the best too :p
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gavinl
Elite |
14-Sep-2011 16:34
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Saw yr queue at 1.25 to sell. U got 10 lots right? 1 lot sold @ 1618 then 2 lot 2 1619. Good luck goldenpiggy
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goldenpiggy
Senior |
14-Sep-2011 16:32
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Lots of counters on the way down already.....
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