Anyone Buying Distress Stock from US or SGP?

[Naturefarm2]

Hi,

lets share if anyone of you buying up Distress stock at the moment.
meaning these stock had a 52wk of more than USD 10.0++ and now only less than USD 2.00?
Buy and keep for long term fishing.

 

[madmansg]

yes all my buy signals flashing green.

 

[Naturefarm2]

that is good.
Mine is all red but i think mostly can Hold.

US- TMA/FNM/AIG

 

[madmansg]

fnm target price is 52 dollar.

 

[Naturefarm2]

ya, but i think must be able to hold 1-2 year from now.
TMA was USD 140 just 52week ago.

 

[annexa]

I looking at SGP stocks. Very interesting.
Hiap Seng
UOBKAYHIAN
Hosen

Bros any insight?

 

[jw5]

Hi,

lets share if anyone of you buying up Distress stock at the moment.
meaning these stock had a 52wk of more than USD 10.0++ and now only less than USD 2.00?
Buy and keep for long term fishing.

How's your "stock" of Mongolian chicks coming along?

 

[Naturefarm2]

haha, if you need to go there, let me know..
i will give you insight..

 

[Naturefarm2]

I looking at SGP stocks. Very interesting.
Hiap Seng
UOBKAYHIAN
Hosen

Bros any insight?

I more into US as SGX very boring...wait very long then up few cents.
I think keppel now quite interesting to get.
And capital Land.

 

[annexa]

Keppel I scared. Because now inventories very high. So cargo traffic low. Oil price low, so demand for ships and oil rigs also low.

I think Hiap Seng quite interesting. Drop from $1++ to now $0.15+. Got dividend means still got good biz even in bad times. Can consider. What bros think?

 

[Naturefarm2]

Keppel I scared. Because now inventories very high. So cargo traffic low. Oil price low, so demand for ships and oil rigs also low.

I think Hiap Seng quite interesting. Drop from $1++ to now $0.15+. Got dividend means still got good biz even in bad times. Can consider. What bros think?

Agree, but i think these Blue chip can hold for 1-2 years for it to go back normal value. Hiap seng seem interesting but worry about the manufacturer sector. I buy in Cosco too as i know this company quite well as i deal with them for shipment.

 

[annexa]

Thanks Bro Naturefarm. I not so bullish about shipping yet. Maybe I not familiar with the line. I think high end manufacturing will stay ok. Because gahmens, military etc still need them in daily use. And in bad economy times, gahmens in the world usually spend to boost economy by building infrastructure. So high end manufacturing can tahan. Also quite a few erections in the world thse 2 years. And when erections come, always many gahmen spending one.

Bros opinions pls?

 

[Naturefarm2]

Thanks Bro Naturefarm. I not so bullish about shipping yet. Maybe I not familiar with the line. I think high end manufacturing will stay ok. Because gahmens, military etc still need them in daily use. And in bad economy times, gahmens in the world usually spend to boost economy by building infrastructure. So high end manufacturing can tahan. Also quite a few erections in the world thse 2 years. And when erections come, always many gahmen spending one.

Bros opinions pls?

ya, i think its good to share experience as each of us is in different line and will know what is the " real" happening in the sector. Nowsday the share is no longer " normal" just by looking at the F/R, its all about confident and Mood.
If anyone had some " insider" information, lets share.
I more like a bargain hunter, looking at " Cigar bud " that warrent buffet say.

 

[annexa]

This one more speculative. What bros think of Hosen? I think their able to use their relationship with many supermarket to sell things will help pull up profits. But last year they got mega writeoff. Their goods are mostly CNY type, and canned food. I thinking, now people cook instant noodle instead of go big resturant, maybe is can food better selling time. Bros think can buy and see?

 

[QQQ]

Anyone eyeing WDC western digi harddisk co?
I always trusted their HD.
Share price drop from 40 to 10 even though profit up in previous quarter.

Also garmin.
Trusted their gps since 10 yrs back.
Their gps can easily outlast 2-3 handphones.
Still using a 5year old garmin
Share price drop from 120 to 15+
Garmin taiwan boss got very reasonable pay unlike miw or other high tech ceos
Garmin currently buying back own shares
Profit got small drop

Also bershire A or B
quite good price for our buffett