Some Buffett gems for you.....

"Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell."
- Warren Buffett

"There's no reason we should become fearful if a stock goes down. If a stock goes down 50%, I'd look forward to it. In fact, I would offer you a significant sum of money if you could give me the opportunity for all of my stocks to go down 50% over the next month."
-Warren Buffett, 2008 Berkshire Hathaway shareholders meeting

"If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor."
-Warren Buffett, 2008 Berkshire Hathaway shareholders meeting

Trek is soooo quiet. Will 35-36 cents be history in a few months' time?

China Minzhong: $1.005 now. :-)
Trek 36 cents

Maybe 6 months from now, if not earlier,  the following would have become market darlings, for their stronger and stronger fundamentals:

1. Trek 2000 (now 35 c).

2. China Minzhong (now 93 c)

U are in the money! Congrats observer2.

I have what you can call an inverse stock idea. CityDev is going to take a beating and when that happens it might overshoot on the downside. I think it could become a compelling buy for holding until a rebound in 2H. Just my 2 cents, based on a lot of analysts' top sell being CityDev.

Deutsche Bank has just put out a report with its top Sell being City Developments & target price of S$8.50).

Current price is $9.27 down 5 cents. Valuations are expensive, at the tightest discount to NAV in the property developer sector, at 18%.

City Dev is the most vulnerable to a weakening residential market, with Singapore residential accounting for 41% of NAV and every 10% decline in residential values resulting in a 3.6% drop in NAV.

Its unsold high-end residential inventory has been growing, with the risk of a further delay in planned luxury launches.

Its balance sheet position, however, remains strong, with net gearing at 22%, which should position it favourably for acquisitions, while locked-in residential pre-sales should sustain near-term earnings visibility.

Above are Deutsche’s points. J

Bought the following 2 stocks on 3-01-2012 in anticipation of a small New Year Rally, and expectation of their good results & dividends in February 2012 reporting season (if no new year rally).

1. STXOSV ($1.165)  - closed at $1.305 on 13-01-2012 [+ 12%]
2. Yangzijiang (93 cts) – closed at 99 cts on 13-01-2012 [+ 6.4%]

How have readers’ stock picks done in the first 2 weeks of 2012?

Hey brother, what are your best stock ideas?