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Fellowship of the Shares
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l_tan888
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26-Feb-2007 12:05
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geojam, hey, don't flatter me leh. I'm just writing out my own experience and of course, I don't want others to make the same stupid mistakes as what I had done in the past. All our monies are hard-earned, right? iPunter, We are all still learning and trying to help each other out where possible. Glad you didn't get offended :) |
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geojam
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26-Feb-2007 11:59
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i-tan888 I have the same experience as u. In shares there is no guarantee.I only make the offer to my goddaughter as an incentive for her not to play too much contra stuff. glad we have the wave length. Cheers and nice knowing clever ppl like u. |
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iPunter
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26-Feb-2007 11:59
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Dear l_tan888... You have made a good point there... Anyway respects to you for being experienced and not taking others' comments at face value... Sorry about the sweeping comment about "any stock"... :) |
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Fairygal
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26-Feb-2007 11:57
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Hi everyone! Missed those interesting "talks", but enjoyed every moment reading them. Elf has got personality. I think she is a very fun person to talk to, never run out of topics, intelligent talk I am referring to. She must be the sunshine mascot with the people around her. Not mentioning the mystery around her job, Would love to meet her in person. I think most of you can write so well, it's like you people aced literature at all levels. Hey, and not mentioning couples of linguists here......! Btw, just checking with you people if you happen to pass by Centrepoint, is the elderly woman in wheelchair still outside Robinson's selling tissue papers? Any idea how long she has been there? She is about at least 85 years old. Past by and saw her last Friday. Couldn't help thinking about her. Got some bak gua from nearby Bee Chun Heng for her. She ate them almost immediately. Globalisation? |
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l_tan888
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26-Feb-2007 11:53
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Sorry, typing error, I mean the STI to hit 3,300 instead of 33,000. | ||||||||||
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l_tan888
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26-Feb-2007 11:52
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Hi Ipunter, Sorry, but no offence. Here's a living example. I'd bought some stupid stocks as far back as 8 to 9 years ago. Today, these are still under-water. For example: I-One.com (now renamed Xpress, which I just sold out recently at a big loss), Serial System, and even Mediaring (which I bought long ago at about $1.70 - at that time, everybody said since Sim Wong Hoo is buying, so this company will be prosperous), to name but just a few. Of course, the other of my stocks do make good monies and I can just breakeven now. But imagine, several wrong moves in the past and I need to take about 10 years to breakeven. However, I must admit that all these while, I don't play contra. Otherwise, I don't really know if I'll make or break. I think the market today is frothy and volatile. Analysts were predicting the STI to hit 33,000 at end 2007, but it's already there now. So, going forward, I expect some serious consolidation, probably not this month, but after April 2007, when most companies will start their financial year. |
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iPunter
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26-Feb-2007 11:51
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Anyway, when was an offer ever made? Comments are not offers nor challenges.. | ||||||||||
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geojam
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26-Feb-2007 11:46
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i-tan888 U are real smart.I was waiting for him to make the mistake. Some F### coward ,start to withdraw his offer. Hope he will think b4 talking next time. |
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iPunter
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26-Feb-2007 11:41
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Okay... maybe that's too sweeping ... it's just a personal view.. Please do not, repeat, do not simply buy any stock!. |
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chinkiasu
Master |
26-Feb-2007 11:39
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Hi eastonbay, let me guess OceanCity, MD or is it Delaware coast Rehoboth beach... or Virginia Beach VA or Kitty Hawk NC? perhaps Atlantic City, Cape May NJ.. I give up... |
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l_tan888
Senior |
26-Feb-2007 11:34
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Hi Ipunter, I think your implication of "any stock now" is not only incorrect, but also dangerous. Please do re-consider again. |
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iPunter
Supreme |
26-Feb-2007 11:33
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I am one who is least 'daring' when it comes to the stock market. I only do occasional small punts here and there, and is not inclined to make bets that can lead to big losses. Anyway, we are talking about probabilities and the nature of stocks is such that in the long run, say 1 year, 2 years, etc. they can only rise in price and once again make 52-week highs again, for example. |
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geojam
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26-Feb-2007 11:15
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Ipunter I dare u to make the same offer to me as i made to bunbun. Empty talk gets u no where. I am sure when u have to pay up the capital loss,i will bankrupt u. |
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EastonBay
Master |
26-Feb-2007 10:29
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Here's another addict, partly becos of this tread which aptly titled "Fellowship of the shares". (shares as in stocks and 'share' as we share our emotion, trades etc etc) Previously I invest 'alone' but now I feel a fellowship. Elf: sorry that I missed the East on the Bay question. You were right about it, but not in Singapore. It was a place where I lived for 1 year in USA. On the East coast of USA and literally by Atlantic Ocean. How I missed waking up to the soothing sound of waves and taking beach walk almost every evening (weather permitting). |
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bunbun
Senior |
26-Feb-2007 10:19
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godpa/elf, thanks for looking out for moi *big grin* not contra-ing today. look see market settle down 1st. overall, still gain but small cos of the recent contra losses. especially damn indofood. @!*&#*^^! godpa, thanks for the STE tip. no need your reimbursement though. ur looking-out for moi more than enough to compensate any capital loss.. i will take a look at it. giant, already sold celestial off last week when it hit 1.70 (thank god!) for kopi $. don't plan to go in again yet, wait for dust to settle first. last i checked, it was 1.59/1.60. indofood, bought past 1.60 and today supposedly last day for contra. lucky sold last week when it went up, so cut down losses. yup, it went up quite a bit that's why my losses bearable. if wait today then sell, backside sure tear. oh, btw, happy that your SPC finally see light at end of tunnel :) goes to prove that if can wait for clouds to pass, sure see moon! kekeke. |
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iPunter
Supreme |
26-Feb-2007 10:18
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In my view, if you just buy any stock now, not just ST Eng, and keep for at least one year, the chances of making money is almost certain... :) |
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geojam
Member |
26-Feb-2007 07:16
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Dear goddaughter bunie I do not have any counter for u to contra. But i can offer u this. If u can get,finger cross,ST Engg at S$3.3 or less,buy as many lots as u can.U keep all the divvy,U keep all the capital gains but should u have capital loss,I will reimburse u the loss. One condition tho.,U have to keep it for a minimum of 1 year. Cheers |
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l_tan888
Senior |
26-Feb-2007 05:32
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Extract from today's Business Times:
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geojam
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26-Feb-2007 02:01
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My goddaughter,elf Alamak,stress that allgreen is not moving or ppl taking ur cue and investing into allgreen? If it is the later,to the ppl who buy on ur call,too bad. I know u will be busy at work and no internet access,so keep sane and sleep tight. Cheers |
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geojam
Member |
26-Feb-2007 01:55
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My dear goddaughter,bunbun I think Elf has a point that it is not too good contra here and there. I also agree with her. I think warren buffet and many others will tell u sometimes best to be seen to be inactive in share mkt,ie,buy some blue chips and hold. Sorry i have no counters to reco. u but some ppl tell me about super coffee mix?Is there such a counter? I am not very familiar with spore mkt. Cheers and good luck |
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