I just heard this from retail investors.
1) They mentioned that property prices will not fall.
2) They mentioned that if STI index go up to 3,000 points and above, they will sell.
I find this opinion property prices will not fall contrary to opinions from senior management of listed property company. Their opinion is that property prices may be at a peak now. Even if STI index reach 3,000 points, the stocks retail investors hold on may still lose money because STI index reflects mainly the large caps companies rather than the small caps retail investors buy.
No comments:
Post a Comment