ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

Why put your $$ on a value trap?
Whats the probability of St****** realizing its full value within say 3-5 years?
If the probability is low, say 10% would it be much wiser invested your $$ elsewhere if u can make
10% annual returns over those 3-5 years instead?

There's so many property counters in sgx trading at 0.5 to 0.7 times
Book value, why pick St******?

(01-04-2014, 04:47 PM)felixleong Wrote: [ -> ]If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.

(01-04-2014, 03:41 PM)greengiraffe Wrote: [ -> ]maybe felix should share with us what shares he thinks will outperform sti in 5 years time then we can even buy him a holiday of equivalent when we all huat...

Agree, perhaps Felix could share his view. By the way I am not offering any prices for GG's or Felix's bet, but it would be good to learn from each other.

(01-04-2014, 04:46 PM)felixleong Wrote: [ -> ]Then why diversify? Its like poker, u should put your $$ on AA, why put $$ on a JJ

so far, i dunno whether it is JJ or AA.
yes, my first purchase was 0.62..then goes down, i buy. goes down n buy.
so that is why i have 45 lot.

well. i dunno whether it is AA or JJ. but i think the dividend yield is attractive to me la. 4% i happy liao..

(01-04-2014, 05:02 PM)valuebuddies Wrote: [ -> ]

(01-04-2014, 04:47 PM)felixleong Wrote: [ -> ]If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.

are you sure? have you used options express before?

Me thinks truly too much effort is being wasted for the limited upside of a mere cup of coffee.

(Not Vested in SL)

(01-04-2014, 05:23 PM)felixleong Wrote: [ -> ]

(01-04-2014, 05:02 PM)valuebuddies Wrote: [ -> ]

(01-04-2014, 04:47 PM)felixleong Wrote: [ -> ]If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.

are you sure? have you used options express before?

I used OptionsXpress, not sure about other brokers

(01-04-2014, 06:44 PM)valuebuddies Wrote: [ -> ]

(01-04-2014, 05:23 PM)felixleong Wrote: [ -> ]

(01-04-2014, 05:02 PM)valuebuddies Wrote: [ -> ]

(01-04-2014, 04:47 PM)felixleong Wrote: [ -> ]If there was options writing on sgx i would pledge all my assets and sell call options on St******, would be enjoying the premiums collected ^^

you must have own it before you could write the call options.

are you sure? have you used options express before?

I used OptionsXpress, not sure about other brokers

you know you can write naked called options right (uncovered), you don't have to own the underlying shares