Posted by 1invest1 > 9 hours ago | Report Abuse AngTayKor is always ahead of the curve ----------------------------------------
Be aware of the markers, boundaries n appraise the market conditions. Good to think ahead of the crowd but better to act slightly behind the curve. Dont try to be hero. You may be right but too early. Impatience can spoil a good trading opportunity. Let the whales move first n follow closely behind.
MBS result good. GenS shd be ok. Wilmar result good, hopefully GenP result ok also. But finance cost n amortisation very heavy for GenB. RWLV comes with a heavy cost on these 2 expenditure items.
GenS needs to invest S$4.5b under RWS2.0 to get casino licence extended to 2030 by Pinky Lee. Amortisation charges in future going to heavy. At the current rate of S$200+m yearly net profit, S$4.5b may take almost 20yrs to recover this huge additional investment. Not easy, unless all the china whales swim back like the good old days.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DestinyL
4,746 posts
Posted by DestinyL > 2022-11-04 08:50 | Report Abuse
All above, true, except in a deep recession