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Allgreen - Can buy ?
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limhpp
Veteran |
14-Dec-2007 16:22
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I thought you will only need to pay brokerage once for the same counter for that day? |
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mike8057d
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14-Dec-2007 16:18
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Is it the same person? If yes, he/she must be very rich to pay for the brokeage fee or he/she is the remisier to generate sales to meet the monthly target. |
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limhpp
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14-Dec-2007 16:08
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Who is that mad man, selling 1 lot at a time? 
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mike8057d
Veteran |
11-Dec-2007 11:05
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Allgreen is Allcheong now |
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mike8057d
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19-Nov-2007 14:28
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what is the summary of results? |
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Fairygal
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07-Nov-2007 17:33
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The results are out. Go to SGX announcement for details. |
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limhpp
Veteran |
07-Nov-2007 11:47
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I felt it is value for money too. Vested 
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Fairygal
Veteran |
07-Nov-2007 11:28
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Vested finally. Was thinking long term since it is quite oversold, and factoring in the impact of curbing measures to cool the properties in Singapore as well, I think it is a good buy. Allgreen has diversified property investment including commercial, hospitality and residential, and thus for LT to me, it's cheap, ceteris paribus. |
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limhpp
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07-Nov-2007 11:03
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Hmm......, it might be a good time to buy before the price starts to pick up. Well, property in Singapore is still rising....
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mike8057d
Veteran |
07-Nov-2007 10:22
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It's very volatile market now....but it might stage a rally before year end. |
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Manikamaniko.
Master |
06-Nov-2007 11:22
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Since it has been so obvious that the property stocks have been on the downtrend for many weeks already why not wait till there's an uptrend before entering? Just study the charts for clues. It's all there in the most basic price chart.
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Fairygal
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06-Nov-2007 11:08
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Is it a good buy now? They are releasing their result on or around 7 Nov, that's tomorrow. |
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singaporegal
Supreme |
01-Nov-2007 19:55
Yells: "Female TA nut" |
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Situation has worsened since my last post. I agree with ilovebull. TA charts still show bearishness. |
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ilovebull
Member |
31-Oct-2007 17:54
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According to chartists/TA , volume surge and price dropping - means better run for your life... |
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Fairygal
Veteran |
31-Oct-2007 16:44
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All upcoming positive or ngative news? The surge in vol and the decline in price is overwhelming! |
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EastonBay
Master |
29-Oct-2007 21:55
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Fairygal, it is ok.. this is healthy exchange. In fact I wanted to come back just now to add that: of course, there are also many unscrupulous home owners who really do all sorts of things to force tenants out and to increase the rent indiscriminantly, as reported widely in the newspaper. Agree with u on how the upset monthly balance sheet. However, many (not all) of those tenants knew that they rented the place cheaply and would therefore psychologically prepared that the rent will go up. My friend adjusted by moving to less prime area at almost the same rent. |
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jasonongsc
Senior |
29-Oct-2007 17:26
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personally i dont like AG eventhough i was vested for quite a few yrs of it and only got rid of it recent few months. other property stocks are more attractive |
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Fairygal
Veteran |
29-Oct-2007 17:10
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Yes, agreed on your side of the coin. But imagine if you are the tenant, and you have all your monthly expenses worked out, and then POW! Rent: Double the original amount! How are you going to balance your monthly balance sheet? That's the problem with property owners cum speculators: they are banging on rental to help pay for the mortgage. With rising property prices, mortgage will go up, rental will go up. There will be a saturation point! Frankly, we are definitely going to see more of curbing measures from the govt to stop rising property prices. Easton Bay, sorry ok, not directed at you or any home owners. |
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EastonBay
Master |
29-Oct-2007 17:01
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On the surface it may seem crazy.. Here's the story from the other side of the coin.. Many private properties were rented out 'at a loss' i.e. the rental does not adequately covers owners' cost e.g. bank interest, mgt fees, property tax, and other miscellaneous expenses. before the rental mkt took off late last year. Many tenants were able to enjoy such low rentals because some income is till better than no income to the owners. The rental mkt has been depressed for many years. I personally know friend who rented a 3-bedroom unit in South Haven last year for $2100. This is in Bk Timah.. (not upp Bk Timah). The rent now is $3500-$4200.. I can tell u, it was crazy for the owner to have to rent it out at $2100. |
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Fairygal
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29-Oct-2007 16:39
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I have some friends who have to shift from rented condo to HDB because rental for their condo has gone up more than double upon renewal of lease. This is crazy, more than double! |
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