There is nothing good to buy on US market because of the high valuations

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#1
Sad 
There is nothing good to buy on US market because of the high valuations

I tried to find some good stocks to buy on US market. There is really nothing good to buy there because of the high valuations. Singapore is better.
Anyone thinking to invest, buy SGX better than NYSE/AMEX/NAS. The recent small little correct also did not provide much buying opportunities

Anyone share my view?Confused11:

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#1
Sad 
There is nothing good to buy on US market because of the high valuations

I tried to find some good stocks to buy on US market. There is really nothing good to buy there because of the high valuations. Singapore is better.
Anyone thinking to invest, buy SGX better than NYSE/AMEX/NAS. The recent small little correct also did not provide much buying opportunities

Anyone share my view?Confused11:

[Image: Wavx1VV.png]
Reply
#2
http://forums.hardwarezone.com.sg/stocks...97823.html

What happened?
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#2
http://forums.hardwarezone.com.sg/stocks...97823.html

What happened?
Reply
#3
(20-10-2014, 10:52 PM)roxhockey Wrote: http://forums.hardwarezone.com.sg/stocks...97823.html

What happened?
convert liao i thought can dive into US market
end up its not good to go in at all.

you agree?
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#3
(20-10-2014, 10:52 PM)roxhockey Wrote: http://forums.hardwarezone.com.sg/stocks...97823.html

What happened?
convert liao i thought can dive into US market
end up its not good to go in at all.

you agree?
Reply
#4
(20-10-2014, 10:35 PM)wahkao Wrote: There is nothing good to buy on US market because of the high valuations

I tried to find some good stocks to buy on US market. There is really nothing good to buy there because of the high valuations. Singapore is better.
Anyone thinking to invest, buy SGX better than NYSE/AMEX/NAS. The recent small little correct also did not provide much buying opportunities

Anyone share my view?Confused11:

[Image: Wavx1VV.png]
How you value a company first? Share share with the buddies Smile
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#4
(20-10-2014, 10:35 PM)wahkao Wrote: There is nothing good to buy on US market because of the high valuations

I tried to find some good stocks to buy on US market. There is really nothing good to buy there because of the high valuations. Singapore is better.
Anyone thinking to invest, buy SGX better than NYSE/AMEX/NAS. The recent small little correct also did not provide much buying opportunities

Anyone share my view?Confused11:

[Image: Wavx1VV.png]
How you value a company first? Share share with the buddies Smile
Using Tapatalk
Reply
#5
How about GIlD, MU and BP? GILD is my top pick. It has risen a lot for the past year but I think it still has some room to go.
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#5
How about GIlD, MU and BP? GILD is my top pick. It has risen a lot for the past year but I think it still has some room to go.
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#6
Forgive me for saying this but U.S. have got nothing to buy? Stocks in the SGX better?
Nothing could be further from the truth.

1. Some sector valuations are indeed on the high side in the U.S., but there are many sectors that have not reached normalized earnings and in recovery phase.

2. In Singapore, except for very very very very very small pockets of bright spots, what's going to drive the earnings going forward? Nothing. Speculation might drive share prices up but nothing tied to fundamentals. STI dramatically lagged way behind regional and most global indices. The gap might narrow as regional peers have gone up faster than actual growth and probably due for a correction.

3. Off hand, looking at the larger cap, some of them which makes up the STI,

Singtel, any one wants to comment?
SPH, print/media and property. Both are not a good place to be in right now.
Property counters, Can write off any bumper profits in sg, overseas still uncertain...probably not much better
Banks, probably one of the slightly brighter sectors
Venture/Manufacturing, sgp manufacturing have not invested enough to compete against developed countries and too expensive compared to low cost countries. In terms of scale, our CMs are unable to compete with likes of foxconn.
Genting, a sizable company. Over priced, issued too many shares, spent too much money on construction in the first place, over hyped. Perfect candidate for shorting, the price movement in the last few years is due to more shareholders waking up to actual prospects of this company. To keep the dream alive, they developed a japan story...even if it materialize, from the way things are managed, will be surprised if shares are not drastically diluted again.
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#6
Forgive me for saying this but U.S. have got nothing to buy? Stocks in the SGX better?
Nothing could be further from the truth.

1. Some sector valuations are indeed on the high side in the U.S., but there are many sectors that have not reached normalized earnings and in recovery phase.

2. In Singapore, except for very very very very very small pockets of bright spots, what's going to drive the earnings going forward? Nothing. Speculation might drive share prices up but nothing tied to fundamentals. STI dramatically lagged way behind regional and most global indices. The gap might narrow as regional peers have gone up faster than actual growth and probably due for a correction.

3. Off hand, looking at the larger cap, some of them which makes up the STI,

Singtel, any one wants to comment?
SPH, print/media and property. Both are not a good place to be in right now.
Property counters, Can write off any bumper profits in sg, overseas still uncertain...probably not much better
Banks, probably one of the slightly brighter sectors
Venture/Manufacturing, sgp manufacturing have not invested enough to compete against developed countries and too expensive compared to low cost countries. In terms of scale, our CMs are unable to compete with likes of foxconn.
Genting, a sizable company. Over priced, issued too many shares, spent too much money on construction in the first place, over hyped. Perfect candidate for shorting, the price movement in the last few years is due to more shareholders waking up to actual prospects of this company. To keep the dream alive, they developed a japan story...even if it materialize, from the way things are managed, will be surprised if shares are not drastically diluted again.
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#7
There is a reason for higher valuations. US stocks are known to pay increasing dividends for years. Looking at STI stock, they are at best increasing at a very slow rate or trying to maintain it.

STI stocks are considered cheaper in valuation as they have almost no growth or even decreasing in profits for the next few years i.e. Keppel Corp, Sembcorp Marine/Industries, ST Engg

Vested in both US and STI stocks. Moving more to US stocks
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#7
There is a reason for higher valuations. US stocks are known to pay increasing dividends for years. Looking at STI stock, they are at best increasing at a very slow rate or trying to maintain it.

STI stocks are considered cheaper in valuation as they have almost no growth or even decreasing in profits for the next few years i.e. Keppel Corp, Sembcorp Marine/Industries, ST Engg

Vested in both US and STI stocks. Moving more to US stocks
Reply
#8
(31-10-2014, 11:48 PM)Blancfable Wrote: There is a reason for higher valuations. US stocks are known to pay increasing dividends for years. Looking at STI stock, they are at best increasing at a very slow rate or trying to maintain it.

STI stocks are considered cheaper in valuation as they have almost no growth or even decreasing in profits for the next few years i.e. Keppel Corp, Sembcorp Marine/Industries, ST Engg

Vested in both US and STI stocks. Moving more to US stocks
as we all know growth is really unpredictable.
so how do we know these growth will come?Huh
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#8
(31-10-2014, 11:48 PM)Blancfable Wrote: There is a reason for higher valuations. US stocks are known to pay increasing dividends for years. Looking at STI stock, they are at best increasing at a very slow rate or trying to maintain it.

STI stocks are considered cheaper in valuation as they have almost no growth or even decreasing in profits for the next few years i.e. Keppel Corp, Sembcorp Marine/Industries, ST Engg

Vested in both US and STI stocks. Moving more to US stocks
as we all know growth is really unpredictable.
so how do we know these growth will come?Huh
Reply
#9
(02-11-2014, 11:05 AM)wahkao Wrote:
(31-10-2014, 11:48 PM)Blancfable Wrote: There is a reason for higher valuations. US stocks are known to pay increasing dividends for years. Looking at STI stock, they are at best increasing at a very slow rate or trying to maintain it.

STI stocks are considered cheaper in valuation as they have almost no growth or even decreasing in profits for the next few years i.e. Keppel Corp, Sembcorp Marine/Industries, ST Engg

Vested in both US and STI stocks. Moving more to US stocks
as we all know growth is really unpredictable.
so how do we know these growth will come?Huh

Growth is a forecasted figure.

Like for Starbucks or Michael Kors. For Starbucks, they already have 100 stores in Singapore alone. They aim to open a lot more stores worldwide so growth is there. Michael Kors has not reached Coach stores level yet and there are plenty of room to grow.

For Mastercard or Visa, there are only 15% transactions done by credit card and the rest are by cash. More and more people are doing online shopping. All these created more opportunities. Do read up more on US stocks and you can see the difference.

Vested in Starbucks and Mastercard
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#9
(02-11-2014, 11:05 AM)wahkao Wrote:
(31-10-2014, 11:48 PM)Blancfable Wrote: There is a reason for higher valuations. US stocks are known to pay increasing dividends for years. Looking at STI stock, they are at best increasing at a very slow rate or trying to maintain it.

STI stocks are considered cheaper in valuation as they have almost no growth or even decreasing in profits for the next few years i.e. Keppel Corp, Sembcorp Marine/Industries, ST Engg

Vested in both US and STI stocks. Moving more to US stocks
as we all know growth is really unpredictable.
so how do we know these growth will come?Huh

Growth is a forecasted figure.

Like for Starbucks or Michael Kors. For Starbucks, they already have 100 stores in Singapore alone. They aim to open a lot more stores worldwide so growth is there. Michael Kors has not reached Coach stores level yet and there are plenty of room to grow.

For Mastercard or Visa, there are only 15% transactions done by credit card and the rest are by cash. More and more people are doing online shopping. All these created more opportunities. Do read up more on US stocks and you can see the difference.

Vested in Starbucks and Mastercard
Reply
#10
It's silly to get involved in a wahkao discussion but since Blancfable has made some good points the thread might actually go in a positive direction!

One area where the US market really seems to have an advantage vs SGX is corporate governance and capital management - the stricter regulation and more activist culture seems to make companies run with a greater focus on shareholder value. Of course, there are multiple exceptions
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#10
It's silly to get involved in a wahkao discussion but since Blancfable has made some good points the thread might actually go in a positive direction!

One area where the US market really seems to have an advantage vs SGX is corporate governance and capital management - the stricter regulation and more activist culture seems to make companies run with a greater focus on shareholder value. Of course, there are multiple exceptions
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