Metro, Centrepoint and POSH

Both Metro and Fraser Centrepoint reported
quarter result yesterday and I can see that
both are registering gains in the stock price now.
I saw that there was a discussion on Metro in
the comments recently. Many people still think
Metro as the neighbourhood retail store which
in fact, Metro are much bigger than that.
Go to http://www.metroholdings.com.sg and
you will know how big Metro really is.
To me, it is a deeply undervalued stock which
should be trading at much higher price than
what I am seeing now. But still, it is only my
personal view with a mid-long term investment
horizon.

For Fraser Centrepoint, my view on the stock
is still intact. If you went into the stock around
the 1.5x level when I recommended the stock,
you are sitting with a good paper profits and
even taken the recent paid dividend.
The take-over deadline for Australand will
ends on the 21th and it will become a subsidiary
of FCL and it can only be more good news
for the loyal shareholders. Because of what
I am doing right now, I know that there are big
property projects coming up for FCL and the
readers will know it from the newspaper in due time.

Next, we will touch on POSH.
Some readers told me that it is not as posh as what
its name suggests, and the stock price had fallen
badly. This is one stock that was really battered down
from grace recently but I never really bother about it.
I believe it is just a temporary setback and the stock
will regain its former glory pretty soon.
I don't know whether the readers can still recalled
that when I recommended Pacific Radiance back
in Februray, it was trading in the 9xcts region.
From what I can see now, it is trading in the
1.4x region now. Not bad for a near 50% gain in 6 months.





 

Short post on what I read

Few days ago, a blog reader whatsapp with me
and asked whether I still read those stock investing
and trading books, now that I am also involve in
property. This is quite an interesting question as
the reader believe that I don't need and won't
read any books on stocks anymore.

Basically, I love to read and I try to read as many
books I can if possible. I will read, if I am not that
tired, a book for about 30 mins to an hour before
I head to bed. Frankly, I won't be able to remember
the entire portion that I read, but as long as I can
get the main gist out of the reading, the purpose
is fulfilled. Oh ya, I don't like to read ebooks and I
love the feeling of holding a physical book to read.
I belong to the old school when reading is concern.

If you are asking me whether I still read those stock
related books, then the answer is a confidently Yes.
I have a good collection of the stock investing and
trading books and I constantly re-read them time
after time. Each time when I go through an old book,
I seem to learn or relearn or even unlearn something
out of it. The same book can be a different feeling
and meaning at different phrases of your life, and
that is how I feel with each book. Although I can say
that I know roughly what is happening with Mr Market,
I continue to learn, re-learn and un-learn everyday.
We are all so fortunate that our libraries carry so
many good books but again, unfortunately not all
of us love the wonderful smell of the books and of
course the amazing knowledge and know-how that
come with it.

Nowadays, I read all sort of books, excluding novel
which I really can't appreciate, from stocks, property,
inspirational, and even sales and marketing books.
I try to read as much as possible as per my time
allow and then starts to implement or put them into
practice and use it to my advantage. If you think
that by reading, then your life will become better,
then you better think again and again and it will
not happen. You need to act, take action, and work
on it, use it and fine tune it and improve it, then
only it will become better for you. There is a
chinese saying, 坐言起行, meaning you should
act upon what was being discussed or said while
you are sitting down in a conversation. I say
坐读起行, take action of what you have read
while sitting down. 8-)

Oh ya, tonight there is the Propnex Consumer
Empowerment Seminar being held at Kallang
Theatre from 7pm. If you somehow can make it
tonight, I still have a few tickets left and I hope
to put them to good use. Contact me at 97509878
if you can make it and collect the tickets from
me tonight at the event itself.

Market View

Ok, someone posted the below comment on
Saturday morning,"
Anonymous said...
You can always give Longkang stocks like POSH
again so that I can short on CFDs..."
When POSH went down last week, I received
many whatsapp and sms asking what happened
to the stock? Actually, did anything really happened?
No, nothing fundamental reported on the stock
but it is only falling together with the rest of the market.
Most readers who bought POSH will be in around
the 1.15 level and suffering about 10cts paper losses now.
If you ask me for an opinion of the stock now,
I really see nothing bad fundamentally, did you?
The market is going through a normal pullback and
not a crash as some readers asked me last week.
Frankly, I really cannot see anything "big" coming.
Sometimes, you just have to take a risk, if not,
then please put your money in the bank deposit
or a fixed deposit account. The stock market is not
for everybody definitely.

As usual, look for those stock with strength in this
pullback and be prepared to ride though the occasional
rough patches along the way.

You know, I like to work with people having the same
frequency or thinking, and not some who only like
to complain and whine like a loser.
道不同， 不相为谋, as simple as that.

Old Stock Lobang?

Ok, a readers posted 2 comments on this blog
yesterday afternoon and it is as followed:
" Anonymous said...

Awaiting your post on stocks, property requires huge 

deposit and subsequent mortgage payment, not really

suitable for many of us.

July 31, 2014 at 4:19 PM 

Anonymous said...

Hope the Old Stock Lobang will return.
July 31, 2014 at 4:21 PM"

I have thank from the bottom of my heart this reader
and the rest of the loyal readers who have followed
this blog and myself, Stock Lobang, for quite some time.
It had been a great journey with you all with me all
these years. But I have move on and with all the
new commitments, I can't be the Old Stock Lobang
any time soon. I definitely won't be able to post
daily market update, I won't be online throughout
the market trading hours. One thing that I can still
provide the readers is my personal view on the
market and on particular stocks on a regular basis.
I hope that the readers can understand the situation.

To really differentiate between this blog from the
property posts, I will put future posts to my property
blog, Singapore Property Lobang 
I hope that the readers will continue to support me
with any property deals in the above-mentioned blog.
Give me a day more and I will write about the 
current market situation very soon....

Long awaited EC coming to the West

Do you know that it had been 14 years since the last EC
(Executive Condominium) was launched in Jurong?
Are you aware that a much awaited EC project will be
coming to the Jurong Lake region very very soon?

The wait is finally over!
XXXXXX EC (The final name of the project have not
been decided yet) E-application will be lauching in
September and very fortunately, Propnex is the sole
exclusive marketing agency for this wonderful residential
project in Jurong.

From my Skype chat with the readers, I know that many are
living in the West and wanted to upgraded from their
current HDB, so this is a great time to get to know of
the XXXXX EC project.

We are seeking Registration of Interest right now.
If you are interested to find out more or to receive
more info, please contact me @ 97509878

Propnex Consumer Empowerment Seminar

Ok, the Propnex Consumer Empowerment Seminar
is here again. It will be held on the 7th August 2014,
just 2 days before our nation's birthday, at Kallang
Theatre from 7am onward. Don't ask me what time
the seminar will end as it will depends on how much
my CEO, Mr Ismail, will be sharing with the seminar
participants. The higher and better participation from
the crowd, the more Mr Ismail will be sharing and he
can really really talk a lot with just a few sips of water.
I am sure that the members who attended the May
seminar will know what it is like when he is on "fire".

Back to the seminar, Mr Ismail will be sharing with
the consumers what is the latest property trend, and
share his insight and analysis of the property sector
and of course provide the consumer with enough
information based on facts and figures to make the
right property decision whether it is buying/selling/
upgrading/investing in residential/commercial/industrial
or overseas projects.

Once again, I am giving out the $10 ticket for FREE!
Yes, you saw it right, FOC and zero cost to you.
For the First 30 readers who contact me via whatsapp
to my phone @ 97509878 can claim the ticket(s) from
me on the seminar day itself. 

If you are unsure, clueless or simply don't know what
the hoo-ha about the recent property market measures
are all about, then please make yourself available on the
7th August and come and listen straight from the horse
mouth. Actually, if you ask me for property to upgrade now,
I will tell you to get an EC. No ABSD, No Resale Levy (for
the current EC projects only), Grants for First-comer....
Check the detail with me.

This is the ticket for the August seminar:

P.S.: If you are still not taking action to hear from my CEO,
Mr Ismail, onhow and where to take advantage of the current
market condition NOW, then listen to this:

Short update and a stock to watch out for

Recently I have not been posting in this blog
and also at the Mentor Group side, as I am quite
busy with my property agent's duty and task.
One of the task that many property agent did
when they were still pretty new bird, is to
cold call to get transaction leads. Frankly, right
until now, I have using my centre(circle) of influence
to get leads and I did close some deals out of
the warm leads. Nevertheless I was assigned to
call cold for a project and to get sales/purchase/rental
leads, and I did that for the last few days.
Sad to report, the result was not to my expectation.
I have met a few of the blog readers and the Mentor
Group members before, and they found out or realised
for themselves that I write much better than I speak.
Sales talk is not my forte but I can tell you what I know
and only deliver the facts and figures for the client to
make their decision.

Guess what, I outsource the cold calling to a lady
telemarketer as it is really not my strength. I remembered
that I read somewhere that, not the exact words,
if you improve on your weaknesses, you will get better,
but if you enhance and make full use of your strength,
you will get great result. I believe it is quite true.
You know what the telemarketer said about my conversation
with her? She said that the words and the way that
I write is too "stern". I told her that I am quite a frank and
straight-forward person and I believe that my client
will appreciate this too. Don't expect fanciful or beautiful
services from you but you can expect sincere and frank
views and opinion of what is really happening.

In this blog and the Mentor Group, I usually don't mince
my words when I am talking about the market view or
on a particular stocks. I just tell the readers what is my
own personal views and the rest is up to the readers
to take action or just let my words gone with the winds.
A few readers also told me that I write too harsh sometimes
but too bad, this is me. 

Ok, I am going to mention one stock that I have been
observing and done a read up. I believe that this stock
is the new QT Vascular as QT had since fallen from the
peak and lost the support of the grace. The stock is the
recent IPO Starburst, which had been bursting up since
its debut. The IPO was well-received and the placement
was also in "strong" hands. If you don't know what
happened, go read up SGX announcement. I don't intend
to feed you today. I believe that the readers will be asking
me whether they can still buy it now and how high can
the stock burst up to? I am not going to stick out my
neck and head this time. I also scare that they will burst.
Haha, joking aside, looking at its price action, as long as
it is above the 50cts mark it got the potential and fuel
to propel up higher. Take note that this is not a contra
recommendation and should be taken with a short-mid
term view.