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Yesterday, MFTs fr 3 financial institutes fr China stressed that d PRC stock market up trend momentum is going to slow down, as within a yr d Index shoot up about 53%, its rather too fast, need digestion for a while. But they r also optimistic that PRC is gonna pull out of d recession soon.
However, one of d MFTs in d Security Institude, in PRC, gave a thumb up for BOC, unit trust n ppty related stocks. She is not d first one to talk about it. In AK radar screen, can't remember wat is her q liao.
Again, BOC is a long term play counter. It is d 3rd largest bank in China. Ha ha, one lot of OCBC, can take in 7 lots of BOC. Looking at d potential of BOC in other perspective, really good to ponder about.
Again, no calling. Cheers.
maxcty ( Date: 05-Jun-2009 08:07) Posted:
Thanks Uncle AK for your detail sharing...cheers. I am considering to hold long for AIG. but Citi and BOA...still not sure leh..haha... Fannie Mae I intend to buy for long term.
I also love overseas bank share..holding ICBC and CCB..but miss Bank of China...still worth going in now?
AK_Francis ( Date: 04-Jun-2009 23:24) Posted:
Less Ford motor, d other 4 counters though suffered much pain n losses during d credit crunch, generally their future prospect is encouraging.
Citi Grp-take d yarkstick fr GIC,they stay, dun see d counter stay stagnant for ever. Though it was pull out fr d top 30 DJ Index Stock lately. D px kena pull down a bit but it strongly rebound back to above 3.50.
BOA-US state holding 35% stake of it. A good support behind d bank. Px now already at one six of d px clocked before the crisis. 11 plus only, got money can try.
AIG-once upon a time, an Insurance Giant, foot print covers almost everywhere. Px now ard 1.50, better choice if compare with others financial stock.
Fannie Mae- Prtty Giant before, now it is a penny stock worth 70cts. Great potential for long term. Pse note hsewhole sale in May had improved, report stated lately.
Ha ha, AK like overseas bank share, still keeping few Citi n Fennie Mae. Also incubating Bank of China, another penny stock for long term investment. Its now 3.46 HK$, my acc avg on ds burger is 2.94HK$, d initial purchase was 2.30.
Above, no calling, for sharing. |
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Thanks Uncle AK for your detail sharing...cheers.
I am considering to hold long for AIG. but Citi and BOA...still not sure leh..haha...
Fannie Mae I intend to buy for long term.
I also love overseas bank share..holding ICBC and CCB..but miss Bank of China...still worth going in now?
AK_Francis ( Date: 04-Jun-2009 23:24) Posted:
Less Ford motor, d other 4 counters though suffered much pain n losses during d credit crunch, generally their future prospect is encouraging.
Citi Grp-take d yarkstick fr GIC,they stay, dun see d counter stay stagnant for ever. Though it was pull out fr d top 30 DJ Index Stock lately. D px kena pull down a bit but it strongly rebound back to above 3.50.
BOA-US state holding 35% stake of it. A good support behind d bank. Px now already at one six of d px clocked before the crisis. 11 plus only, got money can try.
AIG-once upon a time, an Insurance Giant, foot print covers almost everywhere. Px now ard 1.50, better choice if compare with others financial stock.
Fannie Mae- Prtty Giant before, now it is a penny stock worth 70cts. Great potential for long term. Pse note hsewhole sale in May had improved, report stated lately.
Ha ha, AK like overseas bank share, still keeping few Citi n Fennie Mae. Also incubating Bank of China, another penny stock for long term investment. Its now 3.46 HK$, my acc avg on ds burger is 2.94HK$, d initial purchase was 2.30.
Above, no calling, for sharing.
maxcty ( Date: 04-Jun-2009 21:38) Posted:
avoid all?? I still have some shares in Citi & AIG...
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Less Ford motor, d other 4 counters though suffered much pain n losses during d credit crunch, generally their future prospect is encouraging.
Citi Grp-take d yarkstick fr GIC,they stay, dun see d counter stay stagnant for ever. Though it was pull out fr d top 30 DJ Index Stock lately. D px kena pull down a bit but it strongly rebound back to above 3.50.
BOA-US state holding 35% stake of it. A good support behind d bank. Px now already at one six of d px clocked before the crisis. 11 plus only, got money can try.
AIG-once upon a time, an Insurance Giant, foot print covers almost everywhere. Px now ard 1.50, better choice if compare with others financial stock.
Fannie Mae- Prtty Giant before, now it is a penny stock worth 70cts. Great potential for long term. Pse note hsewhole sale in May had improved, report stated lately.
Ha ha, AK like overseas bank share, still keeping few Citi n Fennie Mae. Also incubating Bank of China, another penny stock for long term investment. Its now 3.46 HK$, my acc avg on ds burger is 2.94HK$, d initial purchase was 2.30.
Above, no calling, for sharing.
maxcty ( Date: 04-Jun-2009 21:38) Posted:
avoid all?? I still have some shares in Citi & AIG...
Hulumas ( Date: 04-Jun-2009 21:34) Posted:
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avoid all??
I still have some shares in Citi & AIG...
Hulumas ( Date: 04-Jun-2009 21:34) Posted:
AVOID.
maxcty ( Date: 04-Jun-2009 21:21) Posted:
anybody can advice on these counters whether worth trading now?
BOA/Citi/AIG/Fannie Mae/Ford Motor?
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AVOID.
maxcty ( Date: 04-Jun-2009 21:21) Posted:
anybody can advice on these counters whether worth trading now?
BOA/Citi/AIG/Fannie Mae/Ford Motor?
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anybody can advice on these counters whether worth trading now?
BOA/Citi/AIG/Fannie Mae/Ford Motor?