Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Feel sorry for the people who sold yesterday , not sure why Unilever went down on good rns. Good comeback today.
Unilever is cheap, share price can go down but it’s under valued and good chance to do well.
Short high growth richly valuated Nasdaq and buy under valued U.K. value stock, it’s never been so easy to make money this year lol
Anyone here? 6 month high today! It's my best performing stock today.
More to come I guess:
(1) In March, dividend policy announced.
(2) Jan/Feb, FPSO will leave Singapore.
(3) By Q3, first gas from Karish, then it will be a massive cash cow.
Anything more?
Moderna is a big gamble may as well works in the end, if Moderna can successfully develop cancer/flu etc vaccine/cure. But it's highly valued, any lack of progress will further crash the share price, SMT has never been a safe investment and it takes risks, but 10% Moderna is truly outrageous.
I will get back in when market gets stablised and it has less Moderna , ideally less Tesla too.
It will better time to get back in when Moderna drops under $100, this is my pure guess and I guess it’s realistic. I did say SMT had too much Moderna and ppl did not like what I said when I had big position, then I sold all SMT at a good price,though not at the exact top. When ppl don’t like the slight doubt , it’s the time to sell. Now the problem is not only Moderna, Nasdaq is possibly getting halved from its high ,I like SMT a lot, but dangerous times ahead. Good luck all!
Dyor
Good luck to top up ! I am not sure it's time to top up, not for me , I am expecting Nasdaq a big drop, 20% minimum, 50% possibly as some suggested. I sold all funds having US stocks late last year, I warned my friends too(of course they would not listen). I am a big fan of Jeremy Grantham, and followed his advice, eg keep big portion in cash and go value stocks. SMT will do fine long term but short term, it's difficult.
Good Luck All !
Dont want to brag, I did not feel comfortable with such big position on Moderna, Tesla and sold all at around 1520, for sure I will get in again, but next a few months will be difficult I guess, I would stay sideline and watch closely for now.
SMT will be good very long term, but tech stocks is very likely to have difficult time ahead. Nasdaq takes 14 years to get back its high in 2000 , there might be another significant drop coming, giving the super high valuation at the moment.
ATB