Pathetic Returns of Singtel Investment
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Look at this account, Singtel shares bought with our CPF-OA at S$1.90 over 13 long f u c k i n g years..............
Type of CPF Investment Scheme : CPFIS - OA
Number of units bought : 1490
Amount paid for investment : $2,831.00
Date bought : Oct 1993
Date Sold : Jan 2007
Bid/selling price (per unit) : $3.24 (Assumed sold at today's last traded price)
Redemption charge/back-end load (if any) : $0.00
Performance fees (if any) : $0.00
Gross sales proceeds : $4,827.60
One-time transaction fee (agent bank) : $2.50
Quarterly service charge (agent bank) : $108.00
Net sales proceeds : $4,717.10
Investment profit/(loss) : $1,886.10
CPF accrued interest : $1,087.25
Investment profit/(loss) after taking CPF interest into account : $798.85
What if those people had sold their shares before the bull run of market?
Really...really pathetic..............KNN -
So you get a profit of $798 today from an amt of $2,831.00 invested 13 years ago?
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Pro: Less risk but confirm profit.
Con: take loooooong yearrrssss -
Why dont u invest in The Dow Jones?
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they floated too many shares and temasek is holding too much of it too.
thats why it hardly moves. -
almost every old singaprean have the share.Originally posted by DriftingGuy:So you get a profit of $798 today from an amt of $2,831.00 invested 13 years ago?
i sold it at 2.63 and made much less.
the highest it ever reached was 4 only. -
Where on earth there's confirmed profits for stock investments?Originally posted by Darkness_hacker99:Pro: Less risk but confirm profit.
Con: take loooooong yearrrssss
Remember.....,there were times...when sinktel shares trading at S$1.60 - S$2.00...
What if I had sold my singtel shares before the bull run which was at lost.....
Now, this circumstances would happen if one's CPF-OA had depleted and in desperation of having to pay housing loans or whatsoever......KNN -
When you do your homework carefully, there is always profit.Originally posted by Lowclassman:Where on earth there's confirmed profits for stock investments?
Remember.....,there were times...when sinktel shares trading at S$1.60 - S$2.00...
What if I had sold my singtel shares before the bull run which was at lost.....
Now, this circumstances would happen if one's CPF-OA had depleted and in desperation of having to pay housing loans or whatsoever......KNN -
tell that to all the people who have lost money.Originally posted by Darkness_hacker99:When you do your homework carefully, there is always profit.
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Originally posted by dragg:tell that to all the people who have lost money.
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Back then when it was first offered to the public, people were saying it will go up to $10 or more.
You think it will ever reach $10? -
or maybe i am a stupid one.Originally posted by Lowclassman: 
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SIngtel shares are cash cows! That is if you bought it at $1.31....
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considering the recent bull run a lot of counters are cash cows.Originally posted by shade343:SIngtel shares are cash cows! That is if you bought it at $1.31....
but cash cows to who? -
No...you and me nor are stupid...our mothers had you and me in wombs for ten months...all are equal.Originally posted by dragg:or maybe i am a stupid one.
The differences are............ you were born in rich or poor family???...background of family, environments, education, type of people that you have socialised and etc...that will bring you to the stage of whether you are qualify to become Ministers or Hawker centres plates collector and table cleaners..........
Simple as that...... -
to whoever that bought them at a cheap price.Originally posted by dragg:considering the recent bull run a lot of counters are cash cows.
but cash cows to who?
I wonder why singtel can even hit $1.31 in the first place...severely undervalued. -
They overpaid 10 billion ( I think) for Optus in Australia
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It is not severely unvalue at S$1.31....the par value is only S$0.15 per share.Originally posted by shade343:to whoever that bought them at a cheap price.
I wonder why singtel can even hit $1.31 in the first place...severely undervalued.
The current trading price is a nominal value. -
Weird basis of comparison. Par value of a share simple means the face value of the share at the time of issue. It is used for the purpose of calculating the Issued share capital of the company.Originally posted by Lowclassman:It is not severely unvalue at S$1.31....the par value is only S$0.15 per share.
You should be looking at the Net Asset Value per share of the company which was around $1.80 at the time the shares were being traded at 1.31. -
On what basis their Net Assets were valued at S$1.80 per share at the time of IPO?Originally posted by shade343:Weird basis of comparison. Par value of a share simple means the face value of the share at the time of issue. It is used for the purpose of calculating the Issued share capital of the company.
You should be looking at the Net Asset Value per share of the company which was around $1.80 at that time. -
I edited my previous post to make it more specific, I was referring to their NAV at the time their shares were trading at 1.31.Originally posted by Lowclassman:On what basis their Net Assets were valued at S$1.80 per share at the time of IPO? -
wat are cpf interest??
goes into your own cpf ?? -
There will always be those who lose money to others who make the moneyOriginally posted by dragg:tell that to all the people who have lost money. -
Fund managers...like one of them tomasick.....big predatorOriginally posted by oxford mushroom:There will always be those who lose money to others who make the money
Big predators in shares investments will always make $$$......No worries for $$$...just wait to sell at high......market down or even better that market crash....Ho say leow......buy at rock bottom; when market moves......uncles, aunties....will start to buy or chasing after the market.....price went up abit....happy like f u c k..... quickly sell than buy again at higher price.........price went down........wah....si leow.....pick up and hold on until Buay tah han....force to sell at lost......... -
it is mostly the poor that lose to the rich and the rich to the richer and the richer to the richest.Originally posted by oxford mushroom:There will always be those who lose money to others who make the money