SOG 4Q18 results: Look beyond the surface
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Singapore O&G (SOG), one of my highest conviction holdings reported bad
headline results on Friday night. But after digging in, the good news seem
to outwe...
10 hours ago
Stocks bought from 2008/2009 should be in the money.
ReplyDeleteYet over-all current portfolio losing 23.6 %, Wow!
We are actually still in the "BULL MARKET".
It is said the DOW only given back what it gained in 2018.
2017 was also "very good" for the Market.
Buy more to average down now?
For me not yet lah.
Even if the trade war really comes into play from JUL 6, still have to watch on the sidelines for sometimes.
Market timing, anyone?
As for inflation, mah?
We tend to forget about those double digits inflation years.
Those days my late MOM taught me a practical lesson that money in FD was better than money in stocks (not that she knows how to invest at all) for the short to longer terms.
When inflation becomes benign again, U will then reap the fruits for not losing money in stocks.
i missed buying even a bit in 2016 because i am old already (not much balls left thinking of 2008/2009 or too greedy thinking the same).
ReplyDeleteYet in 2017, i have bought quite a lot on some IPOs(It's Probably Overpriced,stupid).
i even arbitraged IPO when i heard the BREXIT news which if i didn't, i would have made a lot of money.
i lost a little money but learned a lesson why arbitraged on the IPO(bought even more for arbitraged)i bought which i believed till today, it is a good stock to hold for the future.
i say again, "Market Timing" anyone?
Check what WB said and what he did on "Market Timing".
U will think he is contradicting himself, most of the times.
Sorry, i bought IPOs in 2016/2017, (lazy to confirm).
ReplyDeleteQuote from Temperament: "Stocks bought from 2008/2009 should be in the money."
ReplyDeleteMaybe starhub, sph, SembCorp, sia, capitaland, golden agri? Depends which month of 2008 too :P
Think his overall portfolio still make money lah ... only his individual SG stocks portion disappointed.
Ya these few weeks will be rather exciting. LOL
I think Trump still doing his art of the deal thingy. Will have to watch the show in July / August to see the outcome.
Still got 25% of my portfolio in cash ... must control my itchy fingers ... especially for tech stocks & consumer discretionary. Grrr!!
Pardon me asking, what is HA?
ReplyDeleteHope Analysis :-)
ReplyDelete