@Sporeshare:I think DCA would be a good example to have a balanced average price per unit over a longer period of time and the price would generally recovered!This method of operation is to buy into STI ETF whenever it is in an oversold condition and to sell off and take profits whenever it is in an overbought condition.For example, one may use the indicator such as the Relative Strength Index (RSI) to gauge when it is overbought ( above 70 ) or oversold condition( below 30).One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.For example you may plan to buy in at different interval or whenever the Oversold situation happen . any one year, there will be three to four such window opportunities of overbought or o
@koolgal:$OVERSEA-CHINESE BANKING CORP(O39.SI)$ is the most undervalued and oversold of the 3 Singapore banks. It recently faced some headwinds of banking scam but has weathered the storm reasonably well.With interest rates rising and a hot property market, OCBC should do well in the 2nd half of 2022.The Financial Analysts have rated OCBC as a Buy with Target Price of between 14.22and 14.40.The latest earnings report showed that OCBC was 35% better in profits in 2021 compared to 2022. I intend to keep $OVERSEA-CHINESE BANKING CORP(O39.SI)$ in my long term portfolio as I believe it is a strong and reliable bank with an excellent management team. It also pays steady dividends
@hydros:$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$has broken out of a multi month downtrend and started a short term uptrend. Since getting rejected at 2.72 which is also the previous horizontal resistance at 2.72, price has been trending down gradually. The price is expected to be supported by 2.62 horizontal support, which provides a decent yield of 5.1% at about annual 13.4c dividend. Fundamentally, this quality REIT has a strong sponsor and been growing its dividends year after year. Recently it has also been growing its data center portfolio and could be a good data center play given its higher dividend yield than the other 2 sgx listed data center reits.
@Bonta:It is sometimes very tough to understand what does musk think. He can say this, turn around say another. There's already too much drama on this twitte episode. He has orchestrated it in a way that he is trying to decide if he should buy, when he has already bought. Leading his fans on to pile into twitter. Then came about the board issue, he was offered a position, then he rejected. After that, He just announce that he will offer a buy over. In between, he does not need to put a cent in, to have his twitter shares gain value. Ya ya, world richest man, doesn't need that small change. That small change may be small change to him, but may not be so for his "friends", who knows what will he be doing before he announces the action. It's not the first time that musk did questionable actions.&nbs