| Latest Forum Topics / SingaporeLandGrp Last:1.77 -- |
 Post Reply
|
|
<No Title>
|
|
|
iPunter
Supreme |
05-Dec-2006 15:04
|
|
x 0
x 0 Alert Admin |
hehe jessie... Actually you can be our "shi jie" since you are so senior. :) |
| Useful To Me Not Useful To Me | |
|
cashiertan
Elite |
05-Dec-2006 14:11
|
|
x 0
x 0 Alert Admin |
i was joking only.. lolz |
| Useful To Me Not Useful To Me | |
|
|
|
|
jessie
Senior |
05-Dec-2006 12:51
|
|
x 0
x 0 Alert Admin |
Xie Xie Shifus ! "Pei fu, Pei fu" |
| Useful To Me Not Useful To Me | |
|
cashiertan
Elite |
05-Dec-2006 12:34
|
|
x 0
x 0 Alert Admin |
Shplayer do the FA. I confirmed it with my unique TA and Common Sense. These make it like YI Tian THU LONG combined.. |
| Useful To Me Not Useful To Me | |
|
iPunter
Supreme |
05-Dec-2006 11:54
|
|
x 0
x 0 Alert Admin |
ha ha ha... this shows there's a really huge crowd at ShareJunction. Maybe there's should be one more level after "Master" and "Veteren" :- "Market Mover"... lol.. |
| Useful To Me Not Useful To Me | |
|
|
|
|
derekchong
Veteran |
05-Dec-2006 11:50
|
|
x 0
x 1 Alert Admin |
UIC looks like moving north now after the comments from shplayer and cashiertan. .............. lol ........ha ah ah. |
| Useful To Me Not Useful To Me | |
|
singaporegal
Supreme |
04-Dec-2006 22:34
Yells: "Female TA nut" |
|
x 0
x 0 Alert Admin |
UIC looks like its going to be flat or slightly downtrending for a while |
| Useful To Me Not Useful To Me | |
|
iPunter
Supreme |
04-Dec-2006 20:34
|
|
x 0
x 0 Alert Admin |
shplayer, Completely agree with you on these... just wanted to stimulate comments for exchange... pse don't take any offense, though sometimes it sounds rather blunt and discourteous... :) |
| Useful To Me Not Useful To Me | |
|
|
|
|
shplayer
Elite |
04-Dec-2006 20:01
|
|
x 0
x 0 Alert Admin |
iPunter, You are right...car has its uses and convinience. But, what I was trying to convey is, I won't spend unnecessarily on a car. My emotions tell me I should get a bigger car....2ltr or bigger....and pay $30-50k more. But what does this 30-50K get me?? Feel good, have more 'face'?? To me, it is too high a price to pay to pamper my ego. I am very happy driving around in my modest 1600 cc car....it is reliable, economical and brings me and my family around in smooth, cool comfort. :-) With stocks, if you invest wisely, you have a reasonable chance to make your money grow. If I spent the extra $30-50K on the car, that money will definitely depreciate to $0 in 10 years....with no chance of making it back. |
| Useful To Me Not Useful To Me | |
|
iPunter
Supreme |
04-Dec-2006 19:40
|
|
x 0
x 0 Alert Admin |
shplayer, Comparing buying a car with buying a stock is a bit out of whack :). A car is an asset you can use for making money, creating value and also pleasure, prestige, etc. during its period of usefulness. But buying stocks can also put you misery for years if you bought high and you may only break even in the end. |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
04-Dec-2006 19:35
|
|
x 0
x 0 Alert Admin |
I booked my car when COE dropped to $8+k and car was priced based on COE at that price. By the time I got the car 2 mths later, COE was $11+k ...........but price was fixed so I did not pay extra. :-) |
| Useful To Me Not Useful To Me | |
|
cashiertan
Elite |
04-Dec-2006 17:43
|
|
x 0
x 0 Alert Admin |
good for u. guess u even time ur car purchase. got ur coe at the lowest. yupz was thinking of buying a Kia Picanto or Vios than when coe was below 10k as i know govt wont let it stay below 10k . however just like what u said, buying a car is like buying citiraya shares. negative asset thus plough all to buy shares for aggressive make back.. |
| Useful To Me Not Useful To Me | |
|
|
|
|
shplayer
Elite |
04-Dec-2006 17:36
|
|
x 1
x 0 Alert Admin |
Bought car beginning of the year when COE was down to $8+k. At that time, I worked out that it was cheaper to buy a new car than to keep my 3 yr old one due to the higher COE at that time. It is a modest Japanese 1600cc car. Dont believe in spending $$ on cars.....for every $1 spent, about 65cts goes to Govt taxes (ARF, COE,GST etc)....they are rich enough and I don't want to enrich their coffer more than I can help it.(better enrich mine) Furthermore, cars are limited to10 yrs and is a depreciating asset. With stock, at least $$$ can grow. With cars, it is like buying a stock with negative yield (for road tax, ins, petrol tax), where you know in 10 years the stock will be liquidated (car scrapped) :-( |
| Useful To Me Not Useful To Me | |
|
cashiertan
Elite |
04-Dec-2006 16:51
|
|
x 0
x 0 Alert Admin |
this yr should be a good year for u. ur rotary and this uic and other counters all buy low low.. buying new car soon? lolz |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
04-Dec-2006 16:45
|
|
x 0
x 0 Alert Admin |
Early this year, when Sp Land moved above $7.00, I unloaded them and switched to UIC cos the former was above NTA and UIC was at a discount. During the 'post election' crash, I took the opportunity to accumulate more. |
| Useful To Me Not Useful To Me | |
|
cashiertan
Elite |
04-Dec-2006 16:37
|
|
x 0
x 0 Alert Admin |
i wont be surprise. haha btw, i and my friends areadi have signal to buy since May. i didnt enter like my friend coz i wasnt keen on prop stocks than.. now abit regret. |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
04-Dec-2006 14:36
|
|
x 0
x 0 Alert Admin |
cashiertan, did our comments cause UIC to move up?.....now at $.182 :-) |
| Useful To Me Not Useful To Me | |
|
cashiertan
Elite |
04-Dec-2006 14:29
|
|
x 0
x 0 Alert Admin |
this two counters was traded below their NTA for yrs till this yr mar.. due to unrosy views abt estate in spore. however, UIC and most other prop counter didnt revalued their bldg for yrs for the benefit of their owners. Forward looking, UIC price is reflecting the current value of their asset which Investor believed to be. However, i believe the bldg price will raise every yr as the IR gets to completion.. This current value is fair as of this yr thus u may need to hold for mid to long term to realise the intangible intrinsic value of these cash cows. With Rental set to climb, their cashflow will be excellent for furthur acquisition. Of coz there is chances of sales or lauching of Comercial Reit for their properties.. |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
04-Dec-2006 14:12
|
|
x 0
x 0 Alert Admin |
Sorry, SingLand, currently trading @ $8.25 is 34% premium to its NTA. |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
04-Dec-2006 13:46
|
|
x 2
x 0 Alert Admin |
To add to cashiertan's comment...... don't forget that >90% of UIC 's NTA and/or market valuation is derived from their holding of 72% stake in SingLand...which has a bank of commercial properties in the CBD area that can also be revalued.....namely SingLand Twr, Clifford Ctr, SGX Ctr 2, Gateway, Marina Sq (Associated prop). Any revaluation upward of SingLand properties will have positive impact on UIC's NTA. Currently SingLand @ $8.35 is trading at a premium of 36% to its NTA and UIC @ $1.80 trades at a premium of 25% to its NTA. |
| Useful To Me Not Useful To Me | |