Straits Times Index   

STI to cross 3000 boosted by long-term investors

the afternoon session just plunged like that...darnz...its scary man`

 

There are no secrets to picking value shares.The key is abilility to hold long term  as opposed to short term or trading in shares.

Go for companies with track record of ability to pay regular and consitent dividends.

Rule of thumb is to buy counters with PE of 12 or less.Price to Book Value of no more than 3.

Thus companies like SIA,SPC,Keppel corp,UOB and DBS to name a few will fall in this category.

Just my opinion and for sharing.

eltan1      ( Date: 01-Apr-2008 12:08) Posted: Hi sarahlkh, Am new to trading.  you've mentioned in your last post that picking value shares are the best bets.  How do I know which ones are value shares?

 

eltan1, reading helps. research reports, news, forums, books. finally it depends on your own analysis. i dun think there is anyone that will reveal his trading secrets willingly at no cost. there is always a hidden agenda.

 

seeing minimal movement on many counters...the range very small and not moving much (trading volume is quite a bore at the moment...)

 

Hi sarahlkh,

Am new to trading.  you've mentioned in your last post that picking value shares are the best bets.  How do I know which ones are value shares?

 

the market is so volatile till so difficult to forecast forward already

 

this is a normal stage where uncertainties and market trying to find its way. same for investors. picking value shares are the best bets.  look at the investment funds, they like to stress buy in when there is a dip, as investors we can do that too to average our costs. however, no one knows where the bottom is. in anycase, i am an optimistic and have met lots of down period in markets like many others. at least 80% always come up...

 

Gut feel, as DJ up slightly of 46.49 last nite, seems like there is no adversed news propagated on announcements on coming Tue, Thu and Fri. But need to trade cautiously, that is still the hit-n-run strategy, paper said today. But some of the good and  cost China counters as recommended by analyst last few days, you may consider. Analyst said the US announcements may contribute good advantage on their earning, thats what were the comments I observed in BT.

Cheers. 

 

Not to be crude..but i am really hoping the market crash below 3000 then hovering at this level where all investors are un-clear in the direction.

 

STI moved up close to 1% on the back on SUPER DUPER low vol...

gather ur put warrants..its gonna sink..bear trap..

 

the market recently sure is funny (wierd)... =)

 

Ha ha, today is April Fool day, watch out leow.

 

A real attempt to stay above STI 3,000 and on positive side, however it is been over write by concern over credit crunching.  How to crack the credit crunch

ST Index	3,007.36  -24.54 points
Volume	1,609.2 M
Gainers/Losers	236 / 433

 

Trading volumes still relatively low. Support levels will be easy to breach.

cyjjerry85      ( Date: 31-Mar-2008 18:33) Posted: well...at least we are still above the 3000 psychological support level

 

well...at least we are still above the 3000 psychological support level 

 

if sti does not close above 3058 this few days. prepare for the below 3000 mark... caveat

 

agree. Till now, for many counters not a single trade done.

 

another boring day...counters from late morning changes not much....looking at some of my counters' watchlist...never jump up or down much...minimal movement...sianz

 

What rumours? Good or bad news?

zanetti      ( Date: 31-Mar-2008 10:17) Posted: u guys never heard of the rumours frm china meh ? i thought its the only reason spurring asian markets to go up even though DOW going down

 

The release of China QDII may help China Stock at STI to move upwards, to gain ground. This morning STI was moving up agin but staying below 20. At 1000am HSI and SHI didn't help to push STI. Hence, STI may stay along the gained line leow. Cheers.