Beware! Be careful!
I think some one has posted here or somewhere that even professional investors after visiting some S CHIPS companies in China, they are still not sure what the companies have presented to them. If professional investors can't make up their mind after visiting them, how about us??? Do we still have a chance.?
if in doubt, don't buy.
Plenty of opportunities everyday,
(31-03-2012, 10:58 PM)brattzz Wrote: [ -> ]if in doubt, don't buy.
Plenty of opportunities everyday,
Don't understand, don't buy. Exactly if professional investors are not sure, how can we be sure? And there are many "safer" buys.
(31-03-2012, 09:45 PM)CityFarmer Wrote: [ -> ]I agree with your statement on S-Chip in SGX, but only up to certain extend.
Let me put this way, now all S-Chip is priced in low PE, regardless of their true "value". This is the "fear". Not all deserve the low PE. If you can find and you are right, when the "fear" faded, you may be rewarded handsomely.
Do not ask me which one deserve to buy. I also do not know ;-) still searching....
will the return be good if we were to put a small equal amount into every single S-chip? This is perhaps a situation where over-diversification might helps.
(01-04-2012, 09:36 AM)shanrui_91 Wrote: [ -> ] (31-03-2012, 09:45 PM)CityFarmer Wrote: [ -> ]I agree with your statement on S-Chip in SGX, but only up to certain extend.
Let me put this way, now all S-Chip is priced in low PE, regardless of their true "value". This is the "fear". Not all deserve the low PE. If you can find and you are right, when the "fear" faded, you may be rewarded handsomely.
Do not ask me which one deserve to buy. I also do not know ;-) still searching....
will the return be good if we were to put a small equal amount into every single S-chip? This is perhaps a situation where over-diversification might helps.
Those good s-chips that can escape from SGX have already done it.
It is a simple matter of delist and relist in HK exchange.
So, the current state of s-chips means that the probability of non-performers will be so high that even an over diversification may not even guarantee a good return compared to other kinds of stock selection.
elimination of the fittest and the worst leaves the mediocre and the covered worst.
Thanks for all the advice given ;-)
I am aware of all the posting of S-Chip and the potential danger of S-Chip. I did ask the same question before, professional not sure, how can we be sure?
I am also agree to the statement "if in doubt, don't buy".
I am still in a stage of monitoring and searching, not buying because i am still in doubt. Why continue monitoring when professional are stay away from them? First of all, I take this as a challenge to see whether i can pick a gem out of it ;-)
When S Chips started to list in SGX, i KK tried to be a faked "Angel Investors". i bought 2 lots to 5 lots of the some so called "better S Chips" where even F&N is/was also a share holder or much more reputable S CHIPS. Till today only 2 makes some money. The rest dived into the sea or is in the process of diving. i had sold one making me some money and still holding to another that seems to never lose me money. Over-all it's not worth it. If professional "Angel Investors" fear to tread, it looks like only Fools rush in--"Fools rush in where angels fear to tread", so sing the song. One of my favourite songs
"A wise man learns by others mistakes.
A smart man learns by his own.(Added in by me)
A fool never learns"
If you ask me, i have been all three.
NB:
It is not worth trying to fake an "Angel Investor"(Like me lol)
They are real "specialists" and have money to burn(Not like me lol)
Uncle Temperament,
Noted and Thanks
孺子受教