More share buy backs..
18 Jul - 300 lots @ 22.5cts (they are paying more after XD!!)
17 Jul - 98 lots @ 22.5 cts (they are paying more after XD!!)
11 Jul - 239 lots @ 22.3 cts
5 Jul - 250 lots @ 22.5 cts
4 Jul - 280 lots @ 22.49 cts
Someone made this remark at Nextinsight. Any comments pls? tks.
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thinker - Monday, 22 July 2013 08:53With property sector in Spore looking very toppish now, the most likely trend for property is probably stagnating or going downtrend for next few years...
If Hupsteel cannot find tenants for its industrial properties and its steel business is half dead, what prospect does it have now?
(22-07-2013, 08:54 AM)Stockerman Wrote: [ -> ]Someone made this remark at Nextinsight. Any comments pls? tks.
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thinker - Monday, 22 July 2013 08:53With property sector in Spore looking very toppish now, the most likely trend for property is probably stagnating or going downtrend for next few years...
If Hupsteel cannot find tenants for its industrial properties and its steel business is half dead, what prospect does it have now?
Hi Nitro,
thanks for the link.
Hi Stockerman,
Perhaps then its time to buy more when people feel this company has no prospect.
Steel business is cyclical la. As long as Hup can survive this down period which i believe it can given its cash hoard, its business will recover ultimately. In 2002/2003 when property was at its doldrums, those that dump all physical and property stocks u know what happen next. Does that mean all shipping firms are destined to perish now?
I encourage those who strongly disagree to short down the shares.
(22-07-2013, 08:54 AM)Stockerman Wrote: [ -> ]Someone made this remark at Nextinsight. Any comments pls? tks.
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thinker - Monday, 22 July 2013 08:53With property sector in Spore looking very toppish now, the most likely trend for property is probably stagnating or going downtrend for next few years...
If Hupsteel cannot find tenants for its industrial properties and its steel business is half dead, what prospect does it have now?
For industrial rental, same for properties rental, it is all about pricing. If cannot find tenants, just have to drop the rental price.
(22-07-2013, 12:01 PM)Stockerman Wrote: [ -> ]http://www.singaporepropertycycle.com.sg...st-cycles/
the curves look frightening....It is there staring down ...
http://www.singaporepropertycycle.com.sg...-time-lag/
I beg to differ strongly.
As what I alluded to in another thread, I repeat, it is the profile of the individual investor which makes it scary and frightening to his ownself.
For shorties who look at the bids hourly or daily to mid term holders, I think this counter is NOT for you. I think you would be better off looking elsewhere.
If you have the patience and holding power of 5-10years, I strongly believe the rewards will come.
I think those who hold this counter would share my views.
Agreed that it is about matching profile of the investors... Like what the govt always said " we take a long term view of things"...
We are in for the long haul... if so, every counter will look "fine"
(22-07-2013, 04:37 PM)Stockerman Wrote: [ -> ]Agreed that it is about matching profile of the investors... Like what the govt always said " we take a long term view of things"...
We are in for the long haul... if so, every counter will look "fine"
Does all the counters in SGX starting with China XXX looks fine to you?