I prefer the price of stocks to stay low while I am buying...so I was not too happy with how quickly it run up.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(15-03-2022, 03:04 PM)yodaa Wrote: Generally Buy and hold is the best strategy for most investors.
https://www.businessinsider.com/forgetfu...est-2014-9
Dont have to worry about short to mid term fluctuations as long as the company is generating strong free cashflow every year, has ample cash Reserves and executing the business long term goals according to plan.
(31-03-2022, 09:41 AM)sgbuffett Wrote: I have started to continue my accumulation of HK tech stocks using my funds from sale of iFast. I kept cash for some time. Unfortunately I only purchase small amount at the bottom of the sell off the rebound was so fast and furious I decided not to rush in.You Bought too early as baba crashed >5% last night.
I prefer the price of stocks to stay low while I am buying...so I was not too happy with how quickly it run up.
(01-04-2022, 08:41 AM)ROFLMAO Wrote: You Bought too early as baba crashed >5% last night.
(01-04-2022, 09:16 AM)sgbuffett Wrote: Yeah delisting fears again. I put every thing in hold againt wait and see.
There are 4 types of stocks each affected differently.
1. Those with primary listing in HK and trade as ADR...tencent xiaomi. These should be least affected but will still drop.
2. The state own enterprises. These have lots of sensitive data so for sure will delist from US.
3. Private companies that no longer need money like Alibaba which are cashflow positive. These should be okay as a business but stock price will fall due to sentiment. Primary listing jn US but most have secondary listing in HK.
4. Those that need to keep raising cash like NIO. XPENG which are cashflow negative.
Situation looks volatile again. And also China covid situation brings alot of fear.
Only when investors numb to these repeat fears then it is over.
You need the market to open down and fearful then close up
(01-04-2022, 09:26 AM)Zannn Wrote: Over optimism to think today will close up dude
(01-04-2022, 09:26 AM)Zannn Wrote: Over optimism to think today will close up dude
(15-03-2022, 06:58 PM)sgbuffett Wrote: The full purchase value of all the sticks are covered already after I sold iFast.
I need to have some very good one to over poor performing...never in my imagination j imagine these investments to have so many regulatory risks from China and US govt.
(01-04-2022, 09:08 PM)roguetrader Wrote: Hi bro, may i know what is your target price for this Alibaba? Not to pinpoint or blasting but purely for my own reference, thank you.
(01-04-2022, 08:41 AM)ROFLMAO Wrote: You Bought too early as baba crashed >5% last night.
(04-04-2022, 04:24 PM)sgbuffett Wrote: HSTech up 5.68% today.
One should not try to guess day to day.
The most important thing often is to stay on.
(31-03-2022, 09:41 AM)sgbuffett Wrote: I have started to continue my accumulation of HK tech stocks using my funds from sale of iFast. I kept cash for some time. Unfortunately I only purchase small amount at the bottom of the sell off the rebound was so fast and furious I decided not to rush in.
I prefer the price of stocks to stay low while I am buying...so I was not too happy with how quickly it run up.
(06-04-2022, 03:47 AM)ROFLMAO Wrote: BABA pattern since it last major rebound.. Sell above 115 and buy at 110... You bought at 114
(06-04-2022, 12:48 PM)sgbuffett Wrote: My reflections on the opportunities and risks of China Tech.
1. When it hit bottom 2 weeks ago it was 70+% drop from the peak.
2. At the same time large tech firms announced retrenchment just like post dot com bubble crash.
3. From top to tye bottom tye Nasdaq bubble crash was 77%.
However, the Nasdaq bubble was filled with crazy overbaluation that was main reason for the crash.
4. The China tech crash was due to crazy combination of china regulation and delisting fears from US regulators.
5. Later these fears were also mixed into a situation where we have a China economic slowdown ...just like the recession post nasdaq bubble and later also had 911 which is like present day black Swan event- Russian invasion of Ukraine.
6. The Nasdaq eventually more than 10x from the bottom taking more than a decade.
7. We cannot say history will repeat as it may not. But China doesn't want to use western platforms for e commerce, cloud and payment. ..and social media. These will have to be served by their local champions...the capital investment Is high and permanently crippling the cash generators fueling development in these areas and turning away foreign capital is a surefire way to lose and be left far behind.....last I heard China still wants to wants to win.
9. If China is playing to lose...I will get out. It can lose by nationalising these businesses, putting profit limits overbearing regulation and taxation. Other that that I am not to fearful of the China slowdown which until now looks temporary with many fiscal and monetary tools to navigate out.
10. Investments in China Tech are most difficult I have made with high risks and potential gains. They are not easy picks nor smooth rides.
(06-04-2022, 01:34 PM)ROFLMAO Wrote: Better to share your view in InvestingNote than hereIt's okay these views are for my own reference because later in case I waver ...I refer back to my thoughts and take reference.
(04-08-2021, 01:45 PM)sgbuffett Wrote: After 4 or 5months from starting this portfolio was up 30%....so I wouldn't say its without potential or risk
Of course I have more established stock investment methods and techniques. I think you missed the backstory of why this HK stock portforlio was created. I had already done quite alright in Singapore stocks so I wanted to expand beyond what I am familiar with.
No doubt doing so will add to risk but the HK market had unique opportunities of listing Chika tech firms whose potential is enormous.
Recent months it has correction and selloffs due to China govt and unexpected events but its too early to conclude its a bad investment.
Property is always a leveraged investment for most they borrow 80% of the money to buy...and are stuck for for 10 or 20yrs. Its a different class of investment with its own issues.
Whether I make or lose money here.....I hope to offer lessons other investors can learn from from this type of less certain growth stocks which are more complicated than value investing picks I do regularly.
(21-09-2022, 07:46 AM)FartSunKing Wrote: Paging for sgbuffett for updates
You started this thread on your cbailj HK stocks
To share ideas and lessons learnt
Or to brag winners and hide losers
To inflate your fcuking ego?
(21-09-2022, 08:25 AM)FartSunKing Wrote: Paging for talent and ola
Do you have spare sanitary pads for sgbuffett to plug his bleeding arsehole?
Used ones also can, no difference to him
(21-09-2022, 09:41 AM)FartSunKing Wrote: HSI below 18,500
(21-09-2022, 08:04 AM)sgbuffett Wrote: It's not to brag but to share. HK market has fallen to 6 yr lows due to covid zero, china slowdown and evergrrande property crisis and tech sector regulation
I am humbled and have reduced my risks progressively. The losses have shaved off much off the gains I made over yrs in Singapore and other stocks. I have over estimated my own investing skills to enter a market with high complexity and political intrigue.
I thought the massive march/april 2022 selloff was a capitulation and bottom and actually added aggressively to it it rebounded sharply only go sink down...with zero covid.
I was still confident in April despite the sharp drop.
But subsequent data and issues show severity of china's problems.
I had to used various instruments to limit the downside should bottom fall out which is likely in coming weeks.
As an investor I am always hopeful it is darkest before dawn. ...but aware it can be darkest before pitch black.