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Why No Interest
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Pension
Elite |
07-Sep-2007 17:38
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this is a defensive stock, dun expect it to cheong often. |
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TuaPekGong9413
Elite |
07-Sep-2007 15:42
Yells: "deity" |
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cos the fare keep increasing ppl got no extra $ to buy its share |
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Farmer
Master |
07-Sep-2007 12:36
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Yes, trains must move regardless of any climate, so does taxi and buses. I would suggest ComfortDelgro which've got a more reasonable valuations than SMRT with respect to their current price unless you can wait it up for prices to correct further...maybe below $1.50 when you can have 5% dividend yield. Just my 2cts worth personal view! |
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KiLrOy
Master |
07-Sep-2007 11:47
Yells: "I buy only what I can see." |
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True! ' In uncertain climate (whatever that means - raining or sunny?) ', the trains will still be there to operate as people movers. Are you vested? If not, why? why wait? Here's two extract on Warren B himself. ' Buffett recommends that you write out a short paragraph saying something along the lines of, ?I am buying $10,000 shares of Company XYZ at $25 per share because I believe (insert reason here such as profit will grow twice as fast as the current price-to-earning ratio, hidden assets are on the balance sheet, there was a management change for the better, valuation is too low, etc.) Then, monitor the situation, always mindful of your basic thesis. The practical result is the meat, or substance, of your argument of the matter is separated from the water down nonsense. Too often, stockbrokers and financial journalists spew dozens of facts they have regurgitated from a 10k or annual report. So many facts obscure the truly important figures such as sales growth, profit margins, expected capital expenditures, expected depreciation, and return on equity. Investors instead become bogged down in reading about a $12 million transaction at a firm generating $20 billion in sales. In a vast majority of cases, information of that kind isn?t particularly or necessarily relevant. ' ' There is no shame in admitting that you do not understand an investment. In fact, billionaire investor Warren Buffett once mentioned that he didn?t invest in Enron because he couldn?t understand the footnotes in the financial statements. That ability to recognize his lack of knowledge and willingness to move on to the next opportunity saved the shareholders of his holding company, Berkshire Hathaway, from suffering loss. ' |
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kelvinq
Member |
07-Sep-2007 11:24
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in this company at all? I would think that such companies are good buy in today's uncertain climate. Sorry. First time investor here, so I might not understand. Can someone guide? Kelvin |
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