Recession in 2013?

[TracyTan866]

Digress.. but can anyhow relate to recession proof for this oldest profession :p

Search me, 2 cronies did it and lived to tell Resident hard-on guy can enlighten us, as he's moonlighting as lookout. Maybe he also sampled the offerings??!

yes, some professions and services are recession proof

 

[erection2015]

ah thanks for this.

Effectively, this means more delays expected for the 1st rig and also the 2nd rig. Best to wait for share prices to go down before making any decision.

 

[erection2015]

tried to sample but the 1st one had a pussy like Alvin's ( ASEAN Scholar ) gf's ....real turnoff...so now i stick to looking out.

Digress.. but can anyhow relate to recession proof for this oldest profession :p

. Maybe he also sampled the offerings??!

 

[erection2015]

yeah ...those already committed i just hold, take divs and wait.

good logic!

i think eventually SMM will go beyond $5..Set your target price and hold on until then. if doesnt reach your target price, just hold on and get dividends

 

[WongMengMeng]

LOL I hit a raw nerve everytime i mention about forum donation. Another victory for me.

'allo 'allo, what I meant was that USD 19.90 is so peanuts that if you want to donate, just do it. No need to wait for your stock market profits to come in. You say "I hit .." but you are not Hummels? So, you accidentally or intentionally expose yourself as his clone.

Ah Q SINKIE always like to claim small "victory". :oIo:

 

[blackmondy]

yes, some professions and services are recession proof

Never seen an undertaker gone under.

 

[TracyTan866]

yeah ...those already committed i just hold, take divs and wait.

same strategy.

when i bought the shares, i figured the price was attractive and also considered the performance of the company and the expected dividend play. shd the price go down further, i will just hold on and wait for it to rebound.

the main thing is i must have the ability to hold..if so, no worry, just paper loss . no need to resort to fire sale

 

[TracyTan866]

Never seen an undertaker gone under.

hahaha..very true.

politicians are also recession proof. that's why u see people like WKS who was earning $6k+ as a manager at Hewlett Packard enjoying $2m per yr during 2008 and 2009 recession

 

[TracyTan866]

yeah ...those already committed i just hold, take divs and wait.

hope u dont have OLAM shares

 

[erection2015]

ya...just sit tight i guess. I dont think this will be worse than the other time when one of their executives lost big $$$ for them doing his forex forays.

Their share price really plummeted then ...but recovered.

same strategy.

when i bought the shares, i figured the price was attractive and also considered the performance of the company and the expected dividend play. shd the price go down further, i will just hold on and wait for it to rebound.

the main thing is i must have the ability to hold..if so, no worry, just paper loss . no need to resort to fire sale

 

[TracyTan866]

ya...just sit tight i guess. I dont think this will be worse than the other time when one of their executives lost big $$$ for them doing his forex forays.

Their share price really plummeted then ...but recovered.

yes, i think this shdnt be too bad. presents buying opportunity.

do u have OLAM shares?

 

[po2wq]

yes, i think this shdnt be too bad. presents buying opportunity ...

smm closed 1.8% down! ...

betterer buying opportunities 2 cum ...

 

[TracyTan866]

smm closed 1.8% down! ...

betterer buying opportunities 2 cum ...

4.38...let's see

 

[erection2015]

ah dun have tracy....luckily.

yes, i think this shdnt be too bad. presents buying opportunity.

do u have OLAM shares?

 

[erection2015]

1.8% in itself is quite tahanable la...as long as no big selloff after this.

smm closed 1.8% down! ...

betterer buying opportunities 2 cum ...

 

[TracyTan866]

ah dun have tracy....luckily.

that's good...looks like OLAM's rights issue is not doing it any good. it may show that OLAM is in trouble and is short of cash . will all these accelerate the impending recession?

 

[TracyTan866]

1.8% in itself is quite tahanable la...as long as no big selloff after this.

only 8c...not an issue.

 

[TellMeWhy]

smm closed 1.8% down! ... betterer buying opportunities 2 cum ...

Hello can u stop spreading fear and panic? Every investment carries risks so not for losers and kiasi type.

 

[erection2015]

i think OLAM in itself wont precipitate any recession even if it has serious problems....but it could be indicative that all is not well.

that's good...looks like OLAM's rights issue is not doing it any good. it may show that OLAM is in trouble and is short of cash . will all these accelerate the impending recession?

 

[po2wq]

Hello can u stop spreading fear and panic? Every investment carries risks so not for losers and kiasi type.

if u can thoroughly understand dat evry invesmen carries risks, nutting can coz u fear n bring u panic ...

:p