With a few of the good rubber companies in Malaysia, if I have enough bullet, I will wait for the next round of investing in it. Rubber stocks have been facing some knocks lately due to latex soaring prices. With that, the nett profits drop and affected the companies revenue. Everyone is looking at properties bubble, but will there be commodities bubble? Every commodities has been soaring to new high. It'll take a toll on the companies that rely on the commodities. The effect will then be passed to the consumers.
I aim for at least 3 rubber stocks. I have one in mind at this moment, and if it does hit my entry price, I will grab that for sure as my investment. I have telecommunications, petrochemicals, alcohols and REIT as my portfolio. I do hope that I can make some from the rubber stocks. I am just waiting for it to drop, as now it is still dropping.
At the same time, I dropped the idea of iPhone 4. Too many procedures to apply or get one in Singapore. Maybe getting a camera would be more realistic. Would 2011 be a fine run where everyone is predicting a super bull run? Will that last when everything is hitting new high?
I will be changing my SG phone number in 2011 to lessen the cost of it, since prepaid would be more viable for me as I am using less to call out.
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