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why dropping lately?
SGX is over-valued.
Fair value should be $6 to $7 at P/E 20 and dividend yield of about 2.5%.
My target below below $7.00
http://mystocksinvesting.com/singapore-stocks/sgx-unable-to-break-200d-ma-resistance/
pharoah88 ( Date: 24-Mar-2010 13:58) Posted:
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this is a super laggard stock,, either no growth or -ve growth?
Bought some at 7.80.......
7.75..shortie too hottie..
downtrend must follow..
reversal then do the reverse :)
Patiently waiting at about <Sgd. 3.00.
pharoah88 ( Date: 24-Mar-2010 13:58) Posted:
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prOfit taking AGAiN
S$7.79 dOwn S$0.050
hOw far dOwn can SGX gO?
below 7.8!.. huat ah!
7.85 :)
prOfit taking S$7.90 dOwn S$0.13
$7.94!.. huat ah! :)
i go against the crowd..i don't like to follow the crowd.. i make my own judgements..
don't follow me..i maybe wrong..but one thing for sure..if u follow the herd, overall u will not make $
Raindrops ( Date: 19-Mar-2010 10:16) Posted:
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S$8.07 ?
ozone2002 ( Date: 18-Mar-2010 16:07) Posted:
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Haha. Ozone. you have been sayin u are shorting in so many post. Y so pessismistic sia
u buy i short..see which side the market favours.. :)
Sgx hv been a lagger
is time to buy!~
Has been able to stay above $8 these few days.
below $8... huat ah!..haha
yeah...waiting too ;p