What to do now?

[koxinga]

Just a simple question. What are u doing now with regards to your portfolio. I havent done any trade for the past month. Dun think i will. Market is running now again n is gunning for 1900.

I think i very risk adverse.

[AK47]

isnt this is a good time to buy?

[chipmunk]

Originally posted by koxinga
Just a simple question. What are u doing now with regards to your portfolio. I havent done any trade for the past month. Dun think i will. Market is running now again n is gunning for 1900.

I think i very risk adverse. Seating on my singpost and singfood for dividends. Waiting and see how the King's is going. Might sell it off when earn a bit more.

[bolts]

I bought TPV last week. 20 lots at $0.88.

[chipmunk]

Originally posted by bolts
I bought TPV last week. 20 lots at $0.88. Good price.

[bolts]

Originally posted by chipmunk
Good price.

Not really. At this price, PE ratio is already around 15.

[chipmunk]

Originally posted by bolts
Not really. At this price, PE ratio is already around 15. Its relatively low comparing to ACCS which has PE of whopping 27. Both have good growth stories but if given a chance i will choose TPV.

[bolts]

Originally posted by chipmunk
Its relatively low comparing to ACCS which has PE of whopping 27. Both have good growth stories but if given a chance i will choose TPV.

ACCS is not in the same business. You must compare apples with apples.

[chipmunk]

Originally posted by bolts
ACCS is not in the same business. You must compare apples with apples. Oh ok. TPV has a niche market for LCD. This technology wont be render obsolete by OLed for the next five yrs or so. Hence, there are still plenty of room for growth.

[bolts]

Originally posted by chipmunk
Oh ok. TPV has a niche market for LCD. This technology wont be render obsolete by OLed for the next five yrs or so. Hence, there are still plenty of room for growth.

Their story checks out. But, this is not a stock for long-term holding. I also happen to find out that there's a shortage of LCDs in the market right now.

[chipmunk]

Originally posted by bolts
Their story checks out. But, this is not a stock for long-term holding. I also happen to find out that there's a shortage of LCDs in the market right now. A better choice would be EAstgate. They are developing OLED now. Cheaper counter for the time being. Ard 18 cents. Might be loading 20 to 30 loads once i offload my singfood.

[bolts]

Originally posted by chipmunk
A better choice would be EAstgate. They are developing OLED now. Cheaper counter for the time being. Ard 18 cents. Might be loading 20 to 30 loads once i offload my singfood.

Are you sure? I tot the company makes CD-ROMs?

Here's a story about OLED.

http://www.eetimes.com/story/OEG20020524S0085

As you can see, there are other competing technologies to supplant LCD. Be careful if you invest in Eastgate. It could be a long shot. There's no clear demand for OLED right now until 2007.

And as most seasoned investors know, long shots can sometimes turn into no shots.

[blurryy]

hte article is outdated by 2 years:confused:

[chipmunk]

Originally posted by bolts
Are you sure? I tot the company makes CD-ROMs?

Here's a story about OLED.

http://www.eetimes.com/story/OEG20020524S0085

As you can see, there are other competing technologies to supplant LCD. Be careful if you invest in Eastgate. It could be a long shot. There's no clear demand for OLED right now until 2007.

And as most seasoned investors know, long shots can sometimes turn into no shots.
It diversified into OLED recently. Yes the company will only reaped in profits from OLED by FY2006 to 2007.

[bolts]

Originally posted by chipmunk
It diversified into OLED recently. Yes the company will only reaped in profits from OLED by FY2006 to 2007.

Man. That's a really L-O-N-G shot.

Well, all the best in your investment then.

[bolts]

Originally posted by blurryy
hte article is outdated by 2 years:confused:

Yes. But it's still relevant. They were predicting that 2002 could be the year of OLED. It's 2004 now, have you seen any OLED screens in the products you buy?

[chipmunk]

Originally posted by bolts
Yes. But it's still relevant. They were predicting that 2002 could be the year of OLED. It's 2004 now, have you seen any OLED screens in the products you buy? Quite a number. Samsung HP and Kodax Digi cAm. More products to roll off soon

[bolts]

Originally posted by chipmunk
Quite a number. Samsung HP and Kodax Digi cAm. More products to roll off soon

Where do you think the bulk of revenues and profit comes from rite now for flat-panel displays?

;)

[chipmunk]

Originally posted by bolts
Where do you think the bulk of revenues and profit comes from rite now for flat-panel displays?

;) hehe for time being TPV earning

[bolts]

Originally posted by chipmunk
hehe for time being TPV earning

Exactly.

So, if you have a choice to invest, would you invest in a company who has shown a history of making profits in display technology?

Or would you spend money and invest in a company that has a 50-50 chance of making profits in year 2006-2007 (bearing in mind that analysts are FORECASTING - i.e. looking at a crystal ball, that OLED will be the next killer display technology in the future)?

;)

[chipmunk]

Originally posted by bolts
Exactly.

So, if you have a choice to invest, would you invest in a company who has shown a history of making profits in display technology?

Or would you spend money and invest in a company that has a 50-50 chance of making profits in year 2006-2007 (bearing in mind that analysts are FORECASTING - i.e. looking at a crystal ball, that OLED will be the next killer display technology in the future)?

;) Noted. :D

[bolts]

Originally posted by chipmunk
Noted. :D

I heard that they intend to put TPV as one of the STI component stocks.

Another lesson : If they do that, share price of the stock will normally surge ahead of its intrinsic in a bull market, because the stock is now perceived as a "blue" chip.

Recently, in February, Singapore Post and TPV were included into the STI component stocks. Perhaps, that explains the surge in SingPost price.

[chipmunk]

Originally posted by bolts
I heard that they intend to put TPV as one of the STI component stocks.

Another lesson : If they do that, share price of the stock will normally surge ahead of its intrinsic in a bull market, because the stock is now perceived as a "blue" chip.

Recently, in February, Singapore Post and TPV were included into the STI component stocks. Perhaps, that explains the surge in SingPost price. Dont think that the cause for the surge as the time gap is too huge

[bolts]

Originally posted by chipmunk
Dont think that the cause for the surge as the time gap is too huge

If you think that the time gap is too big, then, I would say you are someone who believes in an efficient market. :o

PS. : have vested interest in TPV and SingPost.

[chipmunk]

Originally posted by bolts
If you think that the time gap is too big, then, I would say you are someone who believes in an efficient market. :o

PS. : have vested interest in TPV and SingPost. LOL then u must be laughing ur way to bank now :D Cheers....

[chipmunk]

Originally posted by bolts
If you think that the time gap is too big, then, I would say you are someone who believes in an efficient market. :o

PS. : have vested interest in TPV and SingPost. Efficient market hypothesis

[koxinga]

ah.. a EMH believer?

Life is abit too complicated to breakdown into theories like EMH. It is like the parable of the blind men describing how a elephant looks like through touch.. Some say it is like a tree, other say it is like a tiger. They are neither wrong but then again, they are not right either.

EMH is a theory that is like the leg of the elephant. You see part of the elephant, not the whole thing. :)