40 yrs ago, spore was still a developing country with a huge potential growth like China today. Especially in the first 30 yrs, spore enjoyed many years of double-digit growth. So HDB price increases in tandem with spore economic growth, with ups and downs in between. Hence, a 40-yr old Queenstown flat many times today. What people must know is that Spore is now a developed country and a growth of 4%-6% is considered very good. Now, with the recession deepening and the recovery likely to be long and weak, we may see years of 1%-2% growth. So you can only expect your HDB flat to appreciate by that much going forward. It's the HDB flats that are priced according to the mass's affordability. Clearly, private property at current price will have a long way to adjust downward to meet the affordability of the average household esp with the credit crunch biting so hard and retrenchment is yet to see the worst

BUYING HONG FOK IS LIKE BUYING A PROPERTY WHICH WAS ONCE WORTH 1.86MILLION AT THE PEAK OF THE CYCLE AND NOW HAS CRUSHED TO $160,000. WHEN IT WAS AT 1.86MILLION I WAS TELLING MYSELF, IF ONLY...................... A WAR, ANOTHER SARS, A FINANCIAL CRISIS COULD CRUSH THIS BABY SO THAT I CAN COME IN A BUY

REMEMBER, BAD MARKETS DON'T LAST FOREVER, HONG FOK HIGHEST TRADED PRICE AT THE PEAK WAS $1.86. TODAY'S CLOSING PRICE IS 17CENTS, THE NAV VALUE CURRENTLY $1.38. CHEAP AT CURRENT PRICE OR EXPANSIVE????????? FOR ME IT IS darn GOOD PRICE TO BUY AND HOLD!!!!!!!!!!!!!!!!!!!!!

ANOTHER REASON WHY I SAY HONG FOK IS A STEAL AT CURRENT PRICE, AMONG ALL THE LISTED PROPERTY COUNTERS HONG FOK HAS THE BIGGEST DISCOUNT TO ITS NAV OF $1.37CENTS. ABOUT 85%. YOU GO AND DO YOUR OWN MATH. GUOCOLAND NAV 2.50 SHARE PRICE $1.15, KEPLAND NAV $3.26 SHARE PRICE $2.17, HO BEE NAV $1.164 SHARE PRICE 40.5CENTS, CAPITAL LAND $3.81 SHARE PRICE $3.24, WING TAI $2.09 SHARE PRICE 76CENTS, WHEELOCK PROP. NAV $1.72 SHARE PRICE 95CENTS. SC GLOBAL NAV 97CENTS SHARE PRICE 61CENTS. THE RANGE IS BETWEEN 14%-65%. SO THINK ABOUT IT, WHY HONG FOK IS NOT SUNKIST ORANGE AT 8CENTS

I'M STILL QUEUING TO BUY HONG FOK 20CENTS, I CONSIDER HONG FOK AT THIS PRICE, IS A STEAL, RECENTLY, IF YOU CAN REMEMBER YTL CORPORATION BUYING INTO MMP REITS AT 82CENTS, ITS NAV VALUE IS $1.61 CENTS, THAT'S ABOUT 50% BELOW THE PRICE OF ITS NAV. NOW I'M BUYING HONG FOK AT 85% BELOW ITS NAV OF $1.37. HOW, GOOD OR NOT? YOU DECIDE. HONG FOK, LIKE I SAID OWNS THE CONCOURSE, I DON'T KNOW HOW MUCH THEY PAY FOR THIS PIECE OF LAND. MUST BE DIRT CHEAP AND BESIDES THE CONCOURSE, THEY ALSO OWN THE INTERNATIONAL BUILDING IN ORCHARD ROAD. WHICH IS FREEHOLD. AND AT WHAT PRICE DID THEY PAY FOR THIS LAND? YES, DIRT CHEAP AGAIN

HONG FOK AT 23CENTS

SYNEAR HAS GONE UP FROM $0.11 LOW TO $0.25. NOW ENTER SYNEAR AT $0.25 IS IT TOO LATE?

MY BUYING PRICE FOR SYNEAR FOOD WAS A LOW 14CENTS AND SINOMEM 6.5CENTS,

MY STRATEGY NOW WOULD BE TO IDENTIFY THOSE COMPANYS THAT HAVE LOTS OF CASH, STILL MAKING MONEY, GOOD MANAGEMENT, GOOD DIVIDENDS. AND ONCE BUYING IT, I'M PREPARE TO HOLD FOR 5 YEARS MINIMUM, AND OF COURSE, WITH MORE FUND TO AVE. DOWN, SHOULD THEY FALL LOWER

I'VE SEEN IT IN 1973-75, 1986, 1997-99, AND 2003

THAT DAY THE CLOSING PRICE FOR COSCO $3.37, YANGZIJIANG 97CENTS CELESTIAL 85CENTS, FIRST RESOURCES 1.20, GOLDEN AGRI-RESOURCES 1.02 AND AUSGROUP 87.5CENTS JUST TO NAME A FEW

and if i miss the boat, i will miss it with some cash on hand

Don't be greedy. If you are fully loaded when the market collapses, you are finished.

dont sit on profits..got profit take and RUNFAST

TO FOCUS ON FUNDAMENTALS IS IMPORTANT BUT THE TREND OF THE MARKET IS EQUALLY IMPORTANT, WHEN IT IS DOWN TREND FUNDAMENTALS GOOD ALSO NO USE. TIMING IS VERY IMPORTANT.