(12-03-2015, 02:05 PM)westin1 Wrote: [ -> ]Cant imagine... because as compared to ho bee... cel is small....
No need imagine. The man (cp) speaks.
Should read the book "common stocks and uncommon profits". We shouldnt be speculating over the short term swings. What really matters is the longer term outlook. If what matters to you is price, then it can be any high beta stock. Why ces then?
Just checked the Park Hotel Alexandra website. They are accepting reservations from mid-May.
Teletubby Wrote:Just checked the Park Hotel Alexandra website. They are accepting reservations from mid-May.
I think the website has been up for some time. This shows that the company already knows by now the hotel will TOP on time .
Would expect another massive buyback ahead of Alex Hotel TOP in mid 2015 .
westin1 Wrote:Thanks vesfreq Looks like market correction is imminent... we may be able to catch this gem at 0.90 or below soon... if full blown recession were to happen.. probably around 0.45 or below... 
Don't worry . I'm sure some of the value buddies here has an average price of below 45 cents
Well, I will grab it when its 0.45 or below again...
After xd... we can see it float down to $0.80's level.... and slowly slowly with the correction, it will most likely slide down together with the blue chips...
(16-03-2015, 04:47 PM)westin1 Wrote: [ -> ]After xd... we can see it float down to $0.80's level.... and slowly slowly with the correction, it will most likely slide down together with the blue chips...
who knows, you may be able to pick it up when it goes back down to 45c again. Then you can said that you happily waited
True, or even lower like $0.30 ... =)
(07-03-2015, 02:28 PM)BlueKelah Wrote: [ -> ]Sg market already prepared and down , aus market gonna get a big hit when rates go up, too much leverage there, resi loans can be up to 97% lvr and even cross collateralised
Currency wise also a huge drop if capital goes back.to usa, usa is the largest investor in au with china almost catching up last year
The gov there may be clamping down on foreign money coming from China
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Australia's interest rates going up? You clearly have no clue what you are talking about. The bias for RBA right now is for a further cut in rates but they have held off in their most recent meeting to avoid risking further expansion in housing credit. Part of the boost to housing demand in the last few years have been due to the record low borrowing rates. You are talking about a market where the long-term borrowing rates are closer to 6% (this is the cash rate btw and mortgage rates are higher). With cash rates at 2.25% with a bias for a further cut in the near term, I don't see how the market will get a big hit from interest rates.
Rest of your statements are so generic that I won't even bother to comment.