Goldbug 6th Gear February 3, 2016 Share February 3, 2016 Red .... good for CNY? Just wait for the dust to settle before going into to look for treasure ... I share your sentiment ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Showster Twincharged February 3, 2016 Share February 3, 2016 Must look at COE today to see if there is chance for STI1500. Actually hard to say if there is direct link between the million dollar mickey mouse and STI. I don't know many (in fact any) person who is deep in both. STI 1500? many will jump from their million dollar mickey mouse leh Link to post Share on other sites More sharing options...
Enye Hypersonic February 3, 2016 Share February 3, 2016 With such high yield (expected dividend as a percentage of price), I would hug it to my grave. Better than SSB I think. Haha... what's the yield now? 4% a lot meh? 1 Link to post Share on other sites More sharing options...
OmOm 5th Gear February 3, 2016 Share February 3, 2016 (edited) I believe in the old adage "don't fight the trend". The trend is obviously bearish now. Barring short-term trades on purely technical grounds, investment opportunities will become more numerous and buying prices more attractive as the economic fundamentals worsen. Why buy at $13 when the fundamentals point to dark clouds for banking stocks across the board? Exposure to O&G is just being priced into the bank counters in the last few weeks. In any case, every person's view deserves respect because he or she has unique reasons so I am simply voicing my own opinions and not lambasting other viewpoints or conclusions. If brudder OmOm is right about STI 1500 then we are looking at maybe $8 DBS. Good luck to all! Edited February 3, 2016 by OmOm 3 Link to post Share on other sites More sharing options...
Showster Twincharged February 3, 2016 Share February 3, 2016 what's the yield now? 4% a lot meh? Wah 4-5% still not good enough. 你这个人够不够贪心啊? I believe in the old adage "don't fight the trend". The trend is obviously bearish now. Barring short-term trades on purely technical grounds, investment opportunities will become more numerous and buying prices more attractive as the economic fundamentals worsen. Why buy at $13 when the fundamentals point to dark clouds for banking stocks across the board? Exposure to O&G is just being priced into the bank counters in the last few weeks. In any case, every person's view deserves respect because he or she has unique reasons so I am simply voicing my own opinions and not lambasting other viewpoints or conclusions.You are one brudder I really respect other than T2. Unfortunately the two of your views are at the opposite end of the spectrum Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 3, 2016 Share February 3, 2016 i got the latest news about HSBC. They implemented pay freeze for all staff across worldwide for 2016 If he's the next President, USA will have more 911 Twin Tower 'incident' coming........... God save America Freeze at a high level? When everyone else is cutting that's a sweet deal. What a bunch of bankers. 1 Link to post Share on other sites More sharing options...
Duckduck Turbocharged February 3, 2016 Share February 3, 2016 Freeze at a high level? When everyone else is cutting that's a sweet deal. What a bunch of bankers. my FX trader friend just got a nice bonus... obviously hes in the right bank Link to post Share on other sites More sharing options...
Sabian Turbocharged February 3, 2016 Share February 3, 2016 short sellers must cover the shorts on the "same day" right? Thought nekkid seller who "tarzan bo cheng kor" then need to cover on the same day? Link to post Share on other sites More sharing options...
OmOm 5th Gear February 3, 2016 Share February 3, 2016 (edited) Leading indicators of recession / more stock market downside? From: http://www.sgcarmart.com/news/writeup.php?AID=70 COE RESULTS 2016 Feb 2016, 1st Tender | Next Tender - 17 Feb 2016 CAT A $46,651 $4,650 $53,799(Feb) CAT B $38,610 $11,479 $56,436(Feb) CAT C $45,036 $1,466 $45,390(Feb) CAT E $44,001 $6,999 Must look at COE today to see if there is chance for STI1500. Actually hard to say if there is direct link between the million dollar mickey mouse and STI. I don't know many (in fact any) person who is deep in both. Edited February 3, 2016 by OmOm Link to post Share on other sites More sharing options...
Showster Twincharged February 3, 2016 Share February 3, 2016 Leading indicators of recession / more stock market downside? From: http://www.sgcarmart.com/news/writeup.php?AID=70 COE RESULTS 2016 Feb 2016, 1st Tender | Next Tender - 17 Feb 2016 CAT A $46,651 $4,650 $53,799(Feb) CAT B $38,610 $11,479 $56,436(Feb) CAT C $45,036 $1,466 $45,390(Feb) CAT E $44,001 $6,999 Respect and salute! Link to post Share on other sites More sharing options...
Wt_know Supersonic February 3, 2016 Share February 3, 2016 any leading indicator for 2.5M property drop to 1.5M please PM ... thanks !!! Link to post Share on other sites More sharing options...
OmOm 5th Gear February 3, 2016 Share February 3, 2016 (edited) It is not a matter of "if" the $2.5M price-tag will fall to $1.5M, but whether people would buy at that point in time. Hind-sight is 20/20. While the methodology seems simple enough - buy when prices are low and sell when prices are high. In practice it is easier said than done. There are always reasons for prices going rock-bottom and these reasons tend apply across the board for the general populace. Most would be worried about bread-and-butter issues during that time and that would be the key reason why we will see the $1.5M price-tag and the man-in-the-street would not be buying. As for leading indicators to property prices, the most visible and direct one is the STI level because the local stock market and local property market are governed/affected by a common set of factors and parameters. $1.5m for a house that is currently priced at $2.5m will have direct and somewhat linear correlation to the STI levels discounted by same percentage. However we need to take into account the fact that current asking prices are not equivalent to realisable prices today. A $2.5m asking price probably has a $2m to $2.3m market value in reality (called a perceived value-gap). As the economy worsens, this value-gap will shrink because sellers become more motivated to sell at realisable prices. Thus when we see STI hovering between 1,600 and 1,700, we should also see a $1m discount for the property currently for sale at $2.5m. At a lower STI level of 1,500, this same property should be available for $1.3m to $1.4m. The proof of the pudding is in the eating. Let's bookmark this and we can revisit this two years down the road to evaluate the accuracy of correlation. :) any leading indicator for 2.5M property drop to 1.5M please PM ... thanks !!! Edited February 3, 2016 by OmOm 4 Link to post Share on other sites More sharing options...
Eaton 2nd Gear February 3, 2016 Share February 3, 2016 I am waiting for lakeside properties to crash Link to post Share on other sites More sharing options...
Showster Twincharged February 3, 2016 Share February 3, 2016 The Master has spoken. 2.5M becomes 1.5M, 1.5M becomes 800K, 1M HDB becomes 500K. Cash becomes KING. Let's revisit this again. It is not a matter of "if" the $2.5M price-tag will fall to $1.5M, but whether people would buy at that point in time. Hind-sight is 20/20. While the methodology seems simple enough - buy when prices are low and sell when prices are high. In practice it is easier said than done. There are always reasons for prices going rock-bottom and these reasons tend apply across the board for the general populace. Most would be worried about bread-and-butter issues during that time and that would be the key reason why we will see the $1.5M price-tag and the man-in-the-street would not be buying. As for leading indicators to property prices, the most visible and direct one is the STI level because the local stock market and local property market are governed/affected by a common set of factors and parameters. $1.5m for a house that is currently priced at $2.5m will have direct and somewhat linear correlation to the STI levels discounted by same percentage. However we need to take into account the fact that current asking prices are not equivalent to realisable prices today. A $2.5m asking price probably has a $2m to $2.3m market value in reality (called a perceived value-gap). As the economy worsens, this value-gap will shrink because sellers become more motivated to sell at realisable prices. Thus when we see STI hovering between 1,600 and 1,700, we should also see a $1m discount for the property currently for sale at $2.5m. At a lower STI level of 1,500, this same property should be available for $1.3m to $1.4m. The proof of the pudding is in the eating. Let's bookmark this and we can revisit this two years down the road to evaluate the accuracy of correlation. :) Link to post Share on other sites More sharing options...
Yuan 6th Gear February 3, 2016 Share February 3, 2016 It is not a matter of "if" the $2.5M price-tag will fall to $1.5M, but whether people would buy at that point in time. Hind-sight is 20/20. While the methodology seems simple enough - buy when prices are low and sell when prices are high. In practice it is easier said than done. There are always reasons for prices going rock-bottom and these reasons tend apply across the board for the general populace. Most would be worried about bread-and-butter issues during that time and that would be the key reason why we will see the $1.5M price-tag and the man-in-the-street would not be buying. As for leading indicators to property prices, the most visible and direct one is the STI level because the local stock market and local property market are governed/affected by a common set of factors and parameters. $1.5m for a house that is currently priced at $2.5m will have direct and somewhat linear correlation to the STI levels discounted by same percentage. However we need to take into account the fact that current asking prices are not equivalent to realisable prices today. A $2.5m asking price probably has a $2m to $2.3m market value in reality (called a perceived value-gap). As the economy worsens, this value-gap will shrink because sellers become more motivated to sell at realisable prices. Thus when we see STI hovering between 1,600 and 1,700, we should also see a $1m discount for the property currently for sale at $2.5m. At a lower STI level of 1,500, this same property should be available for $1.3m to $1.4m. The proof of the pudding is in the eating. Let's bookmark this and we can revisit this two years down the road to evaluate the accuracy of correlation. :) Well said sir. Will give you points when I regain back. 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic February 3, 2016 Share February 3, 2016 Wah 4-5% still not good enough. 你这个人够不够贪心啊? You are one brudder I really respect other than T2. Unfortunately the two of your views are at the opposite end of the spectrum Firstly thanks for your respect, i am unworthy. Secondly my views and Om's have never been on opposite ends of the spectrum. In fact they are largely in line, the only difference being the severity of which he has stronger feelings about. The proof of the pudding is in the eating and it can only be so if the money is placed where the mouth is. Of course, i am but a chor lang, jobless and not highly educated, therefore my skills linguistically speaking are far below the elegant Om's. However if you do read through, you may be marvelled by the similarities of views within. Again, i appreciate your undeserving respect of the lowly me. Link to post Share on other sites More sharing options...
Porker Turbocharged February 3, 2016 Share February 3, 2016 It is not a matter of "if" the $2.5M price-tag will fall to $1.5M, but whether people would buy at that point in time. Hind-sight is 20/20. While the methodology seems simple enough - buy when prices are low and sell when prices are high. In practice it is easier said than done. There are always reasons for prices going rock-bottom and these reasons tend apply across the board for the general populace. Most would be worried about bread-and-butter issues during that time and that would be the key reason why we will see the $1.5M price-tag and the man-in-the-street would not be buying. As for leading indicators to property prices, the most visible and direct one is the STI level because the local stock market and local property market are governed/affected by a common set of factors and parameters. $1.5m for a house that is currently priced at $2.5m will have direct and somewhat linear correlation to the STI levels discounted by same percentage. However we need to take into account the fact that current asking prices are not equivalent to realisable prices today. A $2.5m asking price probably has a $2m to $2.3m market value in reality (called a perceived value-gap). As the economy worsens, this value-gap will shrink because sellers become more motivated to sell at realisable prices. Thus when we see STI hovering between 1,600 and 1,700, we should also see a $1m discount for the property currently for sale at $2.5m. At a lower STI level of 1,500, this same property should be available for $1.3m to $1.4m. The proof of the pudding is in the eating. Let's bookmark this and we can revisit this two years down the road to evaluate the accuracy of correlation. :) There will be a strong element of fear when prices drop by that much and fear is counter intuitive to buy low sell high. Let's see how things pan out 5 Link to post Share on other sites More sharing options...
Angcheek Hypersonic February 3, 2016 Share February 3, 2016 what's the yield now? 4% a lot meh? 4% ... sound like CPF ........ hahah ↡ Advertisement 1 1 Link to post Share on other sites More sharing options...
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