Investors' Blog Trackers | Value Investing @SG

Singapore's #1 Blog Tracker To Retail Value Investors & Traders For Singapore Investors.

Value Investing Bloggers This is an ongoing work we're embarking here to uncover some of the best blogs maintained by value investors and savvy investors living in Singapore; and perhaps all over the world! We have benefitted much from their learnings and these information are sourced directly from them in the hope that their messages gets propagated to all corners of Singapore.

Warning!

Smart value investors are long term investors and they exercise independant thinkings. DO NOT ASSUME accuracies in all the information published in the blog articles here. Do your own due deligences before investing your hard earned money.

You have been warned!

Snapshots from Value Bloggers:

January 2015
Discovered on 23 Jan 2015 at 7:06 am
.   Results Announcement 13 Jan 15 : SPH (Q115) – EPS 4ct vs 6ct (Q115) 19 Jan 15 : M1 (Q414) – EPS 4.8ct vs 4.4ct (Q413) / 18.9ct (FY14) vs 17.4ct (FY13) ; Div 11.9ct vs 14.2ct (2H13) / 18.9ct (FY14) vs 21ct (FY13) 21 Jan 15 : SGX (Q215) – EPS 8.1ct […]

M1 – OCBC
Discovered on 20 Jan 2015 at 9:20 am
Better-than-expected 4Q14 showing FY14 NPAT beats forecast Keeps moderate earnings growth Fibre ARPUs likely bottoming Better-than-expected 4Q14 showing M1 Ltd reported its 4Q14 results last evening, where revenue jumped 24.3% YoY (also +38.4% QoQ) to S$346.4m, driven largely by the strong handset sales, as demand for the new Apple iPhone 6 and 6+ remained robust. […]

SPH – OCBC
Discovered on 14 Jan 2015 at 9:18 am
Headwinds for print continue 1QFY15 broadly within expectations Seletar Mall officially opened Lower fair value to S$3.85 1QFY15 results within expectations Singapore Press Holdings’ 1QFY15 PATMI came in at S$69.4m, down 21.9% YoY, mostly due to reduced contributions from the core Newspaper and Magazine business whose performance was affected by continued headwinds in the print […]

SPH – CIMB
Discovered on 14 Jan 2015 at 9:05 am
Ads continue to be a dampener SPH reported 1QFY8/15 net profit of S$69.4m, in line with our estimate at 25% of our full-year forecast, but slightly short of consensus forecast (23%). Its core newspaper business continued to be hit by poor advertisement and circulation revenue, but the bright spot was lower newsprint cost. We revise […]

Happy New Year! First Post of the 2015: Think Long Term
Discovered on 2 Jan 2015 at 7:46 pm
Happy New Year folks, it's a new year and a new start. This is a short post just to illustrate a simple point: Think Long Term. The effects of good habits and efforts show up over time. This is true for both stocks and our own personal development.Here's two charts to illustrate this point.Long term stock price chart for Jardine C&CThe chart above shows the 14 year price chart for Jardine Cycle and Carriage, one of the the components of our STI index. It's core business is in automobile distr...

December 2014
Discovered on 31 Dec 2014 at 3:00 am
          STI = 3365.15 (+197.72 for the Year) Stock Period EPS cts DPS cts Mkt Yield PE Div Breakdown Hong Leong Fin FY13 (Dec) 15.85 12.00 $2.610 4.598% 16.47 Interim 4ct ; Final 8ct SGX FY14 (Jun) 30 28 $7.810 3.585% 26.03 Q1, Q2, Q3 4ct ; Q4 4ct +12ct SingPost […]

Herbalife Dying - Part 2
Discovered on 17 Dec 2014 at 7:30 pm
This post continues from Part 1.So what's so bad about Herbalife? Obviously not every Nutrition Club is gonna make money and not everyone would benefit from nutrition drinks. Isn't it a case of buyers beware? I guess every argument can always be framed on a spectrum. On one hand, Herbalife gives everyone an opportunity to become financially free, and while they are at it, drink lots of overpriced nutritional shakes and sells that to a dozen friends and help them lose weight as well. That's wi...

November 2014
Discovered on 28 Nov 2014 at 9:09 am
  Results Announcement 4 Nov 14 : SIAEC (1H15) – EPS 3.75ct vs 6.39ct (1H14) ; Div 6ct vs 7ct (1H14) 5 Nov 14 : Starhub (Q314) – EPS 5.7ct vs 5.5ct (Q313) ; Div 5ct (No Change) 6 Nov 14 : Singpost (Q215) – EPS 1.584ct ; Div 1.25ct 7 Nov 14 (AM) : […]

Herbalife Dying - Part 1
Discovered on 21 Nov 2014 at 9:46 am
We have to digress from Genting a bit given that this story is probably worth telling. We shall get back to Genting soon, hopefully the stock stays low! Ok, Herbalife, as most people would know, is an MLM scheme. MLM stand for multi-level marketing which is a legalized form of pyramid or ponzi scheme. We shall get into this in more detail later. Back to Herbalife. Herbalife sells some nutrition stuff by recruiting people to sell to their friends and their friends hopefully sell to even more f...

Singpost – OCBC
Discovered on 7 Nov 2014 at 9:27 am
  On the growth path Healthy results Lower reliance on mail Prospects remain bright   Results in line Singapore Post (SingPost) reported a 8.1% YoY rise in revenue to S$220.3m and a 5.5% increase in net profit to S$37.6m in 2QFY15, such that 1HFY15 revenue and net profit accounted for 48% and 50% of our […]

Starhub – DBSV
Discovered on 7 Nov 2014 at 9:21 am
Broadband, prepaid mobile decline 3Q14 net profit of S$ 97.7m (+2.5% y-o-y, +4% q-oq) was 3% below our expectations Service revenue growth weak on lower broadband, prepaid revenue 5Scts interim dividend declared, in line with expectations. Maintain HOLD with unchanged TP of S$4.30 Highlights Revenue impacted by broadband, prepaid mobile Competition contributed to the continued […]

SIAEC – DBSV
Discovered on 7 Nov 2014 at 9:18 am
Navigating through turbulence 2QFY15 earnings disappoint, down 41% y-o-y Affected by deferments/cancellations of heavy aircraft checks, extension of engine check intervals Cut FY15/16F earnings by 23%/11% to factor in lower workload, margins Dividend cut also likely in FY15; downgrade to FULLY VALUED with lower TP of S$3.80 Worst quarterly showing in a long time. 2QFY15 […]

Singpost – CIMB
Discovered on 7 Nov 2014 at 9:10 am
Take profit 1HFY3/15 core net profit of S$73.7m formed 46% of our and 47% of consensus full-year forecasts. We view the results as largely in line as we expect a stronger 2H to be driven by the postage rate hike (effective Oct) and full contributions from its recent M&As. However, we cut our FY15-17 EPS […]

Genting Singapore
Discovered on 1 Nov 2014 at 9:23 am
The author owns Genting and dollars in this post refers to SGD.Genting Singapore has recently dropped to multi-year lows and the stock at this level looks increasingly interesting. The stock has fallen from its high of $2.30 in 2011 to a dismal $1.04 as investors lamented about the lack of growth and the looming accounts receivables on its balance sheet. Genting, needs no introduction. It started the first casino in Malaysia some 40 years ago and was awarded the licence to run the Resorts Wor...

What is Your Legacy?
Discovered on 10 Oct 2014 at 2:26 am
"Seize the day. Gather ye rosebuds while ye may, because... we are food for worms."  - Robin Williams  as John Keating from Dead Poets Society.We are all food for worms. From the moment we were born, the clock started ticking. We will spend no longer than a dozen decades in this universe. For most of us, it's about 7-8 decades. The first 2 decades we spent learning just to get by. The next two we enjoyed a bit, but then we needed to raise the next generation. Then we realized almost half the ...

The Efficient Market Hypothesis
Discovered on 30 Sep 2014 at 11:01 am
Investing, as with life, is a paradox. We have to learn to live with it and hopefully, sometimes, we find the way out. It is not rocket science. It's just about understanding the world and human behaviour. The world is ever changing yet human behaviour rarely changes. That is why it is so difficult for smokers to quit smoking even when we know that smoking is no longer as cool as when they shot Breakfast at Tiffany's. Yes, paradox. And it is equally difficult for diets to succeed and for valu...

Look for Free Options
Discovered on 8 Sep 2014 at 7:30 am
Those who have knowledge, don't predict. Those who predict, don't have knowledge - Lao TzuInvesting is not about predicting the future. Predictions are usually not accurate. We heard the famous ones: Bill Gates predicting nobody needed no more than 640KB of memory, Dow Jones 36,000, who needs cars when we have horses blah blah.Yeah, how right. So what do we do if we do not want to predict?We want to be prepared. This post serves to illustrate how.First we must accept that the future is unknow...

What's Wrong with CPF? (Part 3)
Discovered on 12 Aug 2014 at 10:12 am
This is Part 3 of the CPF discussion, interested readers can start from Part 1.We have come to the most controversial issue, should CPF give us 6-16% return that our sovereign wealth funds generate? It is well documented that GIC generated 6% and Temasek a whopping 16% over a long time frame like 20 years or more. So part of the argument was that why is CPF only paying us 2.5%? Isn't that unfair?Again, this issue has been debated in depth. So just reiterating a few things.First Temasek does n...

What's Wrong with CPF? (Part 2)
Discovered on 26 Jul 2014 at 10:19 am
This is a continuation of the previous post.Let's recap, our CPF (central provident fund aka Singapore's pension system) has four issues:1. The equal contribution rate (employer vs employee) was violated.2. The minimum sum was a total disaster.3. Interest was imposed on fund withdrawal.4. The interest rates are compared to returns of our sovereign wealth funds.We discussed issue #1. The solution is to bring back the equal contribution policy. Since employers will cry foul if they are asked to...

What's Wrong with CPF? (Part 1)
Discovered on 15 Jul 2014 at 2:02 am
CPF refers to Central Provident Fund, Singapore's pension system.I must first profess that I am neither pro-PAP nor anti-PAP. In this post and the posts in the future (hopefully I get the time to write them), I will try to provide independent analyses on our pension system, touted as one of the best in the world, and hopefully readers will find them useful.I also hope that readers would also have read Roy Ngerng's wonderful analysis. I must say it's quite thought-provoking. Though bearing in ...

Attack on Titans: Decisions
Discovered on 29 Jun 2014 at 8:16 am
I just can't help writing down these analogies from Attack on Titans. Here's another post. Let me describe one scene relevant to today's topic.The lead character Eren was in a situation where he had to make a choice: should he trust his teammates or trust himself to defeat the enemy. He chose to trust his teammates which led to all their deaths and he regretted his decision painfully. Eren was advised by the seasoned team leader earlier, one can never predict the results, so one should at lea...

Attack on Titans: Office Politics and Corporate Suicides
Discovered on 4 Jun 2014 at 10:00 am
Here's a well kept secret. Japanese manga and anime have managed to subtly define pop culture and Hollywood for ages. As early as the 60s, robots from the future time-travelled to alter the present in Japanese comics. In more recent times, Ghost in the Shell inspired the Matrix trilogy, Paprika inspired Christopher Nolan's Inception. And the list goes on. Today's topic is about the manga series Attack on Titans or in Japanese: Shingeki no Kyojin.Being a student of corporate analysis, I can't ...

Fallacies of ETFs
Discovered on 23 May 2014 at 8:14 am
I have posted a long time ago that investing in ETFs could be one of the easy ways to make money. The theory was simple. Since 80-90% of all investors never beat the index, then why should we even try? We should just buy the index. That was simply buying ETFs. Since ETFs replicate the indices and are traded just like any stocks. We can easily buy them using one of the brokers like Poems or Kim Eng or whatever.We stand to enjoy market growth (8-10% per year) and we need not worry too much abou...

2014 High Dividend Stocks in Singapore
Discovered on 5 May 2014 at 11:04 am
The annual dividend list is out!This year's list produces only 18 names despite tweaking the factors multiple times. It goes to shows that the market continues to be expensive and it is hard to get as many gems as before. Again, we see the usual suspects: Elec & Eltek, CSE, Transpac, Boustead etc. 2014 High Dividend Stocks in SingaporeAs with previous years' lists, I used just a couple factors: ROE, Dividend Yield, Free Cashflow Yield and Operating Margin. The top 3 names gave amazing dividen...

Three Key Points for Newbie Investors
Discovered on 16 Apr 2014 at 10:39 am
This is really more of a post for me to jot down what to say in the elevator or in a casual setting where I only have a few minutes to talk to someone and I would like to give the biggest impact and let him or her take away as much as possible with regard to the world of investing.Now, I am assuming someone with very little investing background and who may or may not know who is Warren Buffett. If he wants more info, I can always refer him to this blog. But in that span of a few minutes, I mu...

There is no spoon...
Discovered on 4 Apr 2014 at 11:47 am
This is a quote from the movie "The Matrix" almost 15 years ago. For readers who have never seen the movie, I urge you to watch it today. It is one of the best movies in the last century. No joke!For those with no intention to watch it, I shall summarize the plot for you. *SPOILERS ahead*The Matrix follows protagonist Neo (played by Keanu Reeves) as he discovered that his world was not real but a huge computer program called the Matrix designed to imprison human beings. Or rather imprison our...

The Impossible Trinity and the Tapering
Discovered on 21 Mar 2014 at 11:38 am
Quick Summary:The Impossible Trinity is an economic theory that states that a country can only control two of the following three levers: Exchange Rate, Free Capital Movement and Monetary Policy.The recent Emerging Markets Crisis is a real world manifestation of this theory.Countries in ASEAN often chose to control their exchange rate and free capital movement thereby allowing US interest rate to dictate our domestic interest rate.This has created stock market and property bubbles in this par...

Type A and Type B Decision Making
Discovered on 24 Feb 2014 at 10:05 pm
Quick Summary:Type A decision making focuses on the few key factors.Type B decision making understands that the fat tail of factors might become crucial someday.Ignoring the fat tails mean failing to understand that these factors could come and bite us someday. Recognizing the fat tail is the key to Type B decision making.In investing, this means looking holistically at the business and asking questions all round.In real-world decision making, it also means constant reviewing of past decision...

Type A and Type B Personalities
Discovered on 9 Feb 2014 at 9:52 pm
Quick Summary:There are 2 type of people: Type A and Type B.Type A: Digital, Task-Oriented, Focused on One Solution.Type B: Analogue, Multi-Dimensioned, Innovation is the Solution.Type B makes better investors.Type A vs Type B - SIA vs Singtel.Are You Type A or B?Over the course of my work and investing years I have had the chance to get to know and work with lots of people. Most of them are highly intelligent, motivated, diligent and also rational. They have all the traits of being successfu...

Investing Lessons from Ngiam Tong Dow - Part II
Discovered on 24 Jan 2014 at 12:33 am
This is a continuation from the previous post.The second lesson from Mr Ngiam's book is something pretty well repeated in many circles but I think it's worth re-learning. It can be surmised into the following five words: there are no sacred cows.Mr Ngiam recounted the early days when Singapore was supposed to merge with Malaysia and the economic blueprint of the day was the creation of a Common Market where domestic industries would enjoy protection from imports via tariffs and restrictions. ...

Snapshots from the Blogosphere (Other Investor's Writings):

An evening with AK and friends: Don't come hungry.
Discovered on 25 Jan 2015 at 11:33 pm
 I was just chatting with someone who is going to attend the first "AK meets his readers" session this Saturday (31 Jan) and I think I better publish our exchange here in case there are others who might have the same impression:     So,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Hurry! 6 more days before giveaway contest ends!
Discovered on 25 Jan 2015 at 8:52 pm
Response and support from our readers has been overwhelming for our New Year book giveaway! So if you have not LIKE our facebook page, please do so before end of this month to stand a chance to win this fantastic book by Anthony Robbins, MONEY: Master the game. We are even throwing in a Starbucks voucher […]

Europe’s ECB bond buyingbrought confidence back to the market.
Discovered on 25 Jan 2015 at 8:23 pm
Europe’s ECB bond buyingbrought confidence back to the market. Straits Times Index had a bullish week last week as it manages to kick off its bullish momentum and continue its uptrend movement. The week kicks off by testing its support at 3300 level which it proves to hold very well. This support level is a […]

Want to Beat the Rising SIBOR? Here’s How
Discovered on 25 Jan 2015 at 8:00 pm
SIBOR is on an upward trajectory. However, for those on a SIBOR-dependent home loan package, all is not lost. We talk with home loan expert Wayne Quek about what home owners can do to beat the rising SIBOR. — If you’re a home owner currently servicing a SIBOR-dependent loan, you would have probably read about […]

Straits Times Index - Red Territory
Discovered on 25 Jan 2015 at 7:30 pm
STI suffered selling today and currently in the red territory. Sellers are almost every where until I spot a turn. Stay tune.http://stockmarketmindgames.blogspot.sg/2015/01/straits-times-index-fake-breakout.htmlRonald K - Market Psychologist - The Big Speculator

Straits Times Index - Fake Breakout
Discovered on 25 Jan 2015 at 5:59 pm
As posted last Friday that retailers were chasing after the market, and a chasing bar was detected, today we will see the STI suffering reactions where retailers will be throwing in the towel. Let's watch what happens at 9am. :)http://stockmarketmindgames.blogspot.sg/2015/01/sti-retailers-chasing-bar.htmlRonald K - Market Psychologist - The Big Speculator

Divestment of Popular Holdings 2015 and Investment Thesis Review
Discovered on 25 Jan 2015 at 2:07 pm
Reviewing Popular Holdings provides a useful discussion of the principles which are fundamental to our investment philosophy. One thing we believe in is investing in asymmetrical risk reward situations. This involves taking as little amount of risk as possible for the greatest return. The investment thesis in Popular Holdings as it was then fits this criterion […]

Poker Game Over CH Offshore & UE E&C
Discovered on 25 Jan 2015 at 10:38 am
After the last poker game (i.e. privatisation offer) with Capitaland over CapitaMalls Asia in Jun last year, I was invited to another 2 poker games, this time over CH Offshore and UE E&C. How should I play these 2 poker games to extract maximum value from them? CH Offshore This game should end very soon, […]

Review of Popular Holdings Investment Thesis from April 2012
Discovered on 25 Jan 2015 at 10:31 am
In 2012, I wrote an article [on my first site QuantitativeValue.org] detailing my investment thesis for Popular Holdings. With the recent management buyout offer, I’ve included the initial article written in April 2012. I will conduct a post-investment review in my next post. Popular Holdings is a common enough household name in Singapore and in this post, […]

LP’s asset portfolio
Discovered on 25 Jan 2015 at 7:42 am
I’m inspired by Derek when he shared his asset portfolio here. Like him, I’m not going to include the asset value of my residential property, nor my CPF or insurance surrender value. No point including property, as it easily overshadow all the other assets, distorting the percentage. Besides, I don’t really see my residential property […]

Kep Corp : Graphical Crystal Ball Glazing???
Discovered on 25 Jan 2015 at 6:18 am
Starting from …. 1. New Order Book What did you see for the two red arrow? Net Order Book Distribution (Revenue recognition)What did you see for Year 1 (2015) relative to previous years? Relatively higher revenue in 2015 Why? 2015 is very busy year for deliveries. 15 JUs/1 Semi/1 Accom. Semi Repair/2 JU Repairs 1 […]

Dreaming Bigger???
Discovered on 25 Jan 2015 at 3:09 am
One question was asked during Analyst Briefing session on Keppel Land privatization about its future dividend payout post Keppel Land. The answer from Keppel CFO is that Keppel Corp does not have formal payout policy; but one can refer to its dividend payout history. CW8888: Assuming 45% dividend payout ratio on $1.18 EPS = $0.53 […]

My Asset Portfolio
Discovered on 25 Jan 2015 at 1:56 am
Most of the time, I see people listing out their investment portfolio or their assets but hardly anyone combine the both. I think it would be interesting to see how much I am investing in relation to all my assets. Hence, while everyone is talking about Keppel Corp and Keppel Land, I decided to distract […]

Android, iPhone and iPad Apps For Your Parents To Check Singapore Stock Prices
Discovered on 25 Jan 2015 at 1:47 am
If your parents had been using the now-defunct Teletext to monitor stock prices, the new SGX Stocks 股 App is the perfect app for them. Fast and easy to use, this app lets your folks easily track up-to-the-minute prices of their shares on their smart phones. Download SGX Stocks 股 App for your parents today. […]

The Subtle Art Of Not Giving A Fuck (Investing Edition)
Discovered on 25 Jan 2015 at 1:23 am
Warning: This post contains expletives. I hardly swear, but there are some situations where “gosh darn it” just doesn’t quite cut it. If you’re the kind of person who gets easily offended, don’t read this. No hard feelings Mark Manson wrote an awesome article recently, titled The Subtle Art of Not Giving A Fuck. It’s […]

Elon Musk and Reasoning via First Principles
Discovered on 24 Jan 2015 at 6:41 pm
Elon Musk – Entrepreneur, scientist, philanthropist and visionary. He co-founded PayPal in 1999 and 3 years later cashed out a massive pay check when it was sold to eBay for 1.5 Billion in stock. With the initial sum of money, he went on to more exciting projects, co-founding Space Exploration Technologies, or SpaceX in 2002. […]

The OCBC Bonus+ Savings Account: How much interest
Discovered on 24 Jan 2015 at 5:17 pm
Most local Singapore banks are fighting quite hard to ask you to move your money from one bank to another bank by providing higher interest rate in a super low fixed deposit rate world. OCBC is also doing the same thing. They brought us a very useful OCBC 360 savings account which a lot of […]

Keppel REIT and Keppel DC REIT
Discovered on 24 Jan 2015 at 10:06 am
Keppel Corp continued to hog the headlines with the privatisation of Keppel Land. The chart also left behind the foot prints on people who are in the know… as evidenced by the increase in volume and share price prior to the halt and announcement. There are just too many people who may have “access” to […]

Second Chance Properties Limited stock: a Billion dollar market capitalization vision (Part Two)
Discovered on 24 Jan 2015 at 9:34 am
This is a continuation of my earlier post on Second Chance Properties Limited stock and you can read the earlier post here. My personal take on the five main revenue-drivers of Second Chance Properties are as follows: 1) Apparel retailing: I am quite surprised to know that 80% of Second Chance’s FY2013 apparel revenue comes […]

Introduction to Investment and Trading
Discovered on 24 Jan 2015 at 8:29 am
I still recall my first encounter with stock market, there’s a ton and ton of jargon to learn. Most are straightforward, with some of it depends on your style or approach (how you buy and sell stocks) to stock market. Are you seeking fast return, or a gradual capital increment suit you. Of course, there is […]

One way to save money more rapidly.
Discovered on 24 Jan 2015 at 7:45 am
People who know me are often amazed by how quickly I am able to save money. Well, it isn’t a mystery, really. One of the things I avoid doing is dining in restaurants. How much does a meal cost in Paradise Inn or Din Tai Fung, for examples? This doesn’t mean that I don’t dine […]

What is the most lucky "M" in investing?
Discovered on 24 Jan 2015 at 6:46 am
Many of you must heard of the 3Ms in trading (which I first come across in the book Trading for a Living by Dr. Alexander Elder) and now used by many to conduct “wealth creating” seminars: • Methodology • Mindset • Money Management  The above 3Ms are applied to you, the individual. Things which you […]

Who are you and Where you were??? (4)
Discovered on 24 Jan 2015 at 6:12 am
Read? Who are you and Where you were??? (3) Most retail investors are bias in their thinking and analysis. That S(mart) Man of Leisure said it openly in the investor education seminar that investors are zebras. Where we are in Africa grassland? Who are we? Kep Corp vs. Semb Corp Who has done better and […]

A tale of two Keppels: Win, lose or draw?
Discovered on 23 Jan 2015 at 10:38 am
Keppel Corporation is going to try to take Keppel Land private. This news came shortly after Keppel Corporation declared a generous dividend per share of 36c. If I were a shareholder of Keppel Corporation's, I would have been elated and, then,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Goldmand Sachs (GS): Rebound from 200D SMA Support
Discovered on 23 Jan 2015 at 8:14 am
Goldmand Sachs (GS) rebound from 200D SMA Support nicely after a Piercing Line reversal candlestick pattern. Bullish Trade setup! Short Vertical Put Spread GS Mar 180/185   Original Post by Marubozu @ My Stocks Investing Journey.

Hickory dickory dock, AK just bought a clock!
Discovered on 23 Jan 2015 at 6:38 am
I don't like wall clocks not because they are not pleasing to the eye. I just don't like knocking nails into walls. So, in my apartment, you will see only desk clocks. The problem with the ones I have is that they are quite small and hard for me to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

曾淵滄-股市资讯专栏 23.01.2015 --上证综指会升至5,000点吗?
Discovered on 22 Jan 2015 at 11:26 pm
Swiber - Suffered Selling After my Post at Peak
Discovered on 22 Jan 2015 at 8:37 pm
Swiber suffered some selling after my initial post at 10:05am where at that time the price was 0.197 and now suffering to a low of 0.192!! Be alert! There was some form of profit taking in place!http://stockmarketmindgames.blogspot.sg/2015/01/swiber-on-steriod.htmlRonald K - Market Psychologist - The Big Speculator

Swiber - On Steriod
Discovered on 22 Jan 2015 at 8:05 pm
Swiber is currently on steriod. Be alert for hidden selling. It's good to book $$!!http://stockmarketmindgames.blogspot.sg/2015/01/swiber-1000-in-12-mins.htmlhttp://stockmarketmindgames.blogspot.sg/2015/01/swiber-shooting-like-rock-star.htmlhttp://stockmarketmindgames.blogspot.sg/2015/01/swiber-jes-shooting-star-materialized.htmlRonald K - Market Psychologist - The Big Speculator

STI - Retailers Chasing Bar
Discovered on 22 Jan 2015 at 7:26 pm
Detected the retailers chasing bar!! Be alert of your long potions for now! Wanna know more how to know the timing and the bar? :)))Ronald K - Market Psychologist - The Big Speculator

Top Volume - Unloading at Later Part of Day
Discovered on 22 Jan 2015 at 7:10 pm
Be alert of the most of the stocks in the Top Volume, the run could be short lived and prices are currently running now for unloading at the later part of the day. Do not chase is the best bet. On another hand, a 5 min chart was captured above for illustration and sharing of hidden selling which I will share more next Wed. Continue your registrations if you are interested.Ronald K - Market Psychologist - The Big Speculator

SembCorp Industries and SembCorp Marine: Recovery?
Discovered on 22 Jan 2015 at 5:22 am
Here are a couple of interesting chart formations: SCI. A long white candle formed on a high volume day. It could be a double bottom formation. The MACD has formed a higher low. Neckline approximates $4.50 If that should break, eventual target... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Swiber, JES - Shooting Star Materialized
Discovered on 22 Jan 2015 at 4:42 am
Many stocks shot through the roof today, especially penny stocks like swiber, JES which I gave all my students these past 2 days. JES in a bistro and Swiber yesterday. I am so happy for those who took actions and made $$. I will be sharing more stocks and the secret art of selecting and scanning the right stocks next week. For those who registered and wants to make $$ with me, see you next week. I am so glad some people signed for my course yesterday night and today he made $$ and sent me an ...

CPF: A simple case of so near and yet so far?
Discovered on 21 Jan 2015 at 11:08 pm
My reply to a comment by a reader: here. Hi politicalwritings, When something is significant enough, such as retirement planning, I think for the government to have an active hand is a good thing and, for some of us, it is a necessity so that... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Swiber - Shooting Like A Rock Star
Discovered on 21 Jan 2015 at 7:10 pm
Swiber after my call yesterday to all SOMM Members, today it's shooting higher to greater heights! Congrats all who took actions and made $$.Ronald K - Market Psychologist - The Big Speculator

Stock Operation Workshop - 28th January 2015
Discovered on 21 Jan 2015 at 6:11 pm
Coming next Wednesday during the Stock Operation Workshop, for the first time, I will login and showcase my list of watchlist which I have never shown it to anyone. This pile of watchlist are the current stocks that I believe have the potential of breaking down and breaking out. If you like my current stock selections from China Env, Swiber, to my LIVE trading for JES, etc..then don's miss this opportunity to see for yourself. Interested parties can register:Workshop Date: 28th January 2015, ...

Lump sum CPF withdrawal suggestion by NTUC is myopic.
Discovered on 21 Jan 2015 at 5:25 am
I am very disturbed by NTUC's suggestion to let CPF members "withdraw a lump sum - of at least 20 per cent of the balances - from their retirement accounts, even if they do not meet the Minimum Sum." Reference: Today Online. In an open letter to PM... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Swiber - $1000 in 12 Mins
Discovered on 21 Jan 2015 at 4:44 am
What a day having my 1 on 1 session with a client. Was scanning for the right stock to punt and yes, found it at 2:27pm where the stock was exuding hidden buying at the right time. Well, since I was paid to do a 1 on 1, my job is to show my client how to spot stocks at the right time so as to finish trades within Contra and making $$ on the spot. Within minutes, Swiber ran and it was such a beautiful breakout that at 2:39pm, my client decided to book a $1000 profit. He entered 250 lots at 0.1...

Be richer, save money by having yummy and frugal dinners.
Discovered on 21 Jan 2015 at 3:56 am
Decided to have an early dinner today! Yes, rice! Healthier than bread, I am sure. Once the pot came to a boil, I turned off the heat. 20 minutes later, the porridge was ready! While waiting for the porridge to cook, I had a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Resource Prima - Suffering Selling
Discovered on 20 Jan 2015 at 7:46 pm
Resource Prima started to suffering selling at the moment. It seemed as though more sellers are coming in real soon. The gap up today in Resource Prima could be a trap to lure retailers in. I am not longing.http://stockmarketmindgames.blogspot.sg/2015/01/resource-prima-heavy-unloading.htmlRonald K - Market Psychologist - The Big Speculator

Resource Prima - Heavy Unloading
Discovered on 20 Jan 2015 at 7:06 pm
Heavy unloading in resource prima at the moment. Be careful.Ronald K - Market Psychologist - The Big Speculator

JES Intl - LIVE Market Watching
Discovered on 20 Jan 2015 at 5:37 am
Traded LIVE today with everyone who attended at the bistro and yes, JES ran on the spot and congrats to those who made $$ with us. It was a fun and fruitful session where public, students all witness themselves on the art of stock picking. Other than that, I will be planning for the next session at the right time, who's interested?Ronald K - Market Psychologist - The Big Speculator

Value for money: Rolexes snapped up in Singapore.
Discovered on 19 Jan 2015 at 8:39 pm
"Rolexes flew off the shelves over the weekend after the Swiss franc's surprise appreciation last Thursday sent Singapore's luxury watch enthusiasts on a buying spree before retailers adjust their price tags." Source: The Straits Times. Today, a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Swiber - Rocking Star
Discovered on 19 Jan 2015 at 8:04 pm
A Rocking Star, Swiber is currently running!http://stockmarketmindgames.blogspot.sg/2015/01/swiber-stock-worth-watching.htmlRonald K - Market Psychologist - The Big Speculator

OCBC Premier Dividend + Savings Account Promotion
Discovered on 19 Jan 2015 at 10:30 am
OCBC Premier Dividend + Savings Account Promotion Welcome to Singapore Savings Account Rates blogspot dot com where our team will share details of OCBC Premier Dividend + Savings Account Promotion in today's post. Our team at Singapore Savings Account Rates works hard to raise your earned interest income from investing in savings accounts in 2015 like this OCBC Premier Dividend + Savings

Non-Landed Residential Resale Property Transactions for the Week of Dec 31 – Jan 6
Discovered on 19 Jan 2015 at 8:23 am
Singapore Property News This Week #191
Discovered on 19 Jan 2015 at 8:16 am
Residential 230 private homes sold in December 2014 In December 2014, developers sold 230 private homes. This was significantly lower than the 423 units that were sold in November last year. According to the Business Times, the lack of launches and marketing effort could have affected sales of private homes in December. Not only so, […]

3 Property Investment Mistakes You Should Avoid In 2015
Discovered on 19 Jan 2015 at 8:16 am
By Property Soul (Guest Contributor) No matter what your New Year resolutions are, it’s time you said goodbye to your bad habits in property investment. If you are buying a private home in 2015, avoid making these three common mistakes. Mistake #1: Rush in and get burnt According to the URA, there are 88,627 uncompleted […]

Singapore Property Weekly Issue 191 now out
Discovered on 19 Jan 2015 at 8:05 am
In this week’s issue: 3 Property Investment Mistakes You Should Avoid In 2015 Singapore Property News This Week Resale Property Transactions (December 31 – January 6) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 191  

Saving time, money and my backside but lost face?
Discovered on 18 Jan 2015 at 9:00 pm
In the ongoing saga of the holey backside, I decided to improve the living conditions for my nether regions by addressing the drafty environment through a patch. Very happy! My sister has saved me time and money with her handiwork. Thanks,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

SIA - Profit Taking in Place
Discovered on 18 Jan 2015 at 8:48 pm
In the daily chart of SIA, there is currently profit taking in place. However in the minute charts, there was profit taking a few days back where all the hidden unloading happened there. If you are a swing trader, then use the daily chart. However if you are a short term trader, then the minute chart has tell tale signals to tell you that profit taking and distribution took place before we see a 0.4cent drop today!Ronald K - Market Psychologist - The Big Speculator

Swiber - A Stock Worth Watching
Discovered on 18 Jan 2015 at 8:26 pm
I am watching Swiber closely for any form of rebound. I am closely monitoring it's hidden buying before any form of buying occurs. I won't go long for now until the right time. Let's watch.Ronald K - Market Psychologist - The Big Speculator

The Oil Majors
Discovered on 18 Jan 2015 at 4:45 am
Since I'm looking for a way to place bets on a rising oil price sometime in the future, take a look at the large Integrated Oil Companies.There have been many articles over the past few years saying that the IOCs are losing out to the National Oil Companies, as cheaply accessible oil is getting harder to find.  To check this, look at these these numbers over the past 10+ years:Volume of oil produced.  Don't look at revenue, which depends on a fluctuating oil prices.  And don't use BOE, which ...

We might stay apart but my mom is a big part of my life.
Discovered on 17 Jan 2015 at 6:48 pm
I like noodles. I have been told that they are not as healthy an option compared to rice but that cannot stop me from liking them. Anyway, I use the healthier version of instant noodles these days, the non-fried instant noodles from KOKA. They are... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Sibor Rates Singapore Jan 2015
Discovered on 17 Jan 2015 at 11:00 am
Sibor Rates Singapore Jan 2015 Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the best, the latest and the most up-to-date 2015 Singapore savings account rates in today's post. Today, our team at Singapore Savings Account Rates is going to look at Sibor rates Singapore Jan 2015. Sibor rates Singapore Jan 2015 are the Singapore INterbank rates quoted

Apple (AAPL): Consolidating in a Descending Triangle
Discovered on 17 Jan 2015 at 7:21 am
Apple (AAPL) currently is taking a pause and consolidating in the Descending Triangle. Probably AAPL will continue to trade in this triangle until the earning result on Jan 27 AMC, Last technical and fundamental analysis on AAPL.

SPDR Gold ETF (GLD): Breakout from Inverted Head and Shoulders
Discovered on 17 Jan 2015 at 6:59 am
SPDR Gold ETF (GLD) breakout from Inverted Head and Shoulders and move above the 200D SMA. However GLD is going to face the resistance of the medium term declining trend resistance (green line). If GLD is able to break this … Continue reading →

SGX to cut board lot size from Jan 19, 2015
Discovered on 16 Jan 2015 at 8:50 pm
Anita Gabriel, TheBusiness TimesTuesday, Aug 26, 2014 MARK this date – Jan 19, 2015. That’s when retail investors will be able to start buying securities listed on the Singapore Exchange (SGX) in smaller lots of 100 units from 1,000 units … Continue reading →

黄达专访:2015年展望
Discovered on 16 Jan 2015 at 5:30 pm
IREIT: Is the projected distribution yield of 8% safe?
Discovered on 16 Jan 2015 at 8:30 am
For investors who plonked down money in IREIT's IPO at 88c a unit, they must be feeling somewhat relieved that the turmoil in the European markets, following the move by Switzerland to scrap a 3 year peg to the Euro, sending the Swiss Franc sky... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

SBC predictions: Elections will be this year 2015 (2H), BEAR market after.
Discovered on 16 Jan 2015 at 7:14 am
In my course of work, I am rewarded directly how accurate I read the future. If I get it right, clients make money and I am rewarded with trading fees. Often, I base my decision on a combination of logic, pattern observation and intuition. Sometimes the trend are extremely obvious, eg we should be buying USD or HKD ever since there are talks from the Fed to hike rates last year; we should have been (and still) borrow in Eur, in which the interest rates is below 1% and buying into higher yield...

China Env - Hit a High of 0.25
Discovered on 16 Jan 2015 at 2:44 am
China Env hit a high of 0.25 earlier on before suffering reactions. The stock was heavily chased and sought after after my initial early morning 9:03am post. I will share more on how I knew and speculated that China Env would run today even though the entire overall market is down today where many stocks were suffering selling. China Env is the only stock in the Top Volume that ran the most in terms of % today! If you would want to learn how I speculate, then next Wednesday is the workshop fo...

To be richer, do not indulge in creature comforts. Really?
Discovered on 16 Jan 2015 at 1:39 am
I am definitely not one of Starbucks' favourite people as I always tell family, friends and readers of my blog that Starbucks coffee is very expensive. I am always using Starbucks as an example of something that is really not a necessity in life.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

China Env - Hidden Buying Turned Buying
Discovered on 15 Jan 2015 at 7:27 pm
China Env is currently experiencing a heavy buying. The hidden buying was over and now comes the buying. The wave and length of buying seems elongated and sustained. I will post when I detected hidden selling. Congrats to those who went long!!http://stockmarketmindgames.blogspot.sg/2015/01/china-env-ran-to-022-in-7-minutes-after.htmlhttp://stockmarketmindgames.blogspot.sg/2015/01/china-env-watch-it.htmlRonald K - Market Psychologist - The Big Speculator

China Env - Ran to 0.22 in 7 Minutes After my Post!!
Discovered on 15 Jan 2015 at 7:16 pm
China Env indeed show signs of hidden buying at 9:03am earlier when I post. This counter ran up to 0.22 in 7 minutes! From the time I posted to now the price you see, if you had went long, you are already in the $$! The power of hidden buying never fails me. :))http://stockmarketmindgames.blogspot.sg/2015/01/china-env-watch-it.htmlRonald K - Market Psychologist - The Big Speculator

China Env - Watch It
Discovered on 15 Jan 2015 at 7:03 pm
Watch China Env, it looks strong at the moment.Ronald K - Market Psychologist - The Big Speculator

Newly married and planning to have a child: Questions.
Discovered on 15 Jan 2015 at 6:20 pm
Is there anyone here who might be in a similar situation as this reader? Hi AK, Happy weekend to you. I see that you have recently posted quite a lot on saving and contribution to SA for retirement. This has really set me into thinking, seeing... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

What to do when you have a hole in your backside?
Discovered on 15 Jan 2015 at 1:30 am
Last evening, when I was walking back to my car after meeting a friend for dinner, I was stopped by a stranger who told me with a smile: "Excuse me, you have a hole in your backside." OMG! I was taken aback! I looked at him and I didn't know what... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Scanning and Learning - The Golden Stock
Discovered on 14 Jan 2015 at 9:04 pm
Also during next Wednesday's Workshop, I will launch the Top Volume as shown above to do a LIVE scan with all of you who wants to learn how to scan and pick right counters effectively. For those who wants to see how I perform my scanning analysis on how to pick the golden stock, this is your chance to learn from me FREE. Last week itself, I made 5 digits on Yuuzoo and how did I pick the stock before the news was released and how did I dump at the hidden selling point? All these secrets shall ...

Stock Operation Workshop - 21st Jan 2015
Discovered on 14 Jan 2015 at 7:07 pm
Coming next Wednesday, I will be conducting a FREE Workshop where I will display the use of TIME to perform your trades rather than price action, indicators or volume. How to use time effectively to execute trades right on the dot and how to use it to exit when things are not looking right. On top of that, I will also share how to do LIVE stock rotation and selection in less than 5 seconds so that one do not need to depend end of day data. If you are hungry for new knowledge and want to see h...

Yuuzoo - Heavy Dumping
Discovered on 14 Jan 2015 at 4:47 am
After my early morning post at 9:13am on being alert of sellers where they might dump Yuuzoo shares, true to my speculation at pin point accuracy, end of day, shares of Yuuzoo was dumped from 0.425 to close at lower price than this morning low @ 0.395. Those who went long this counter should be more alert more as in the near term, more sellers will be appearing. I will not long this counter at any prices but I will long at the right time and juncture where the stock is ready again to shot. St...

Is it wrong to be idealistic and live the good life?
Discovered on 13 Jan 2015 at 10:40 pm
If we should be able to do something we love and be paid well for it, we are very lucky indeed. Now, if we should be given two choices of a job that pays us well but we do not enjoy and a job that doesn't pay well but we enjoy, which one should we... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Yuuzoo - Sell On News
Discovered on 13 Jan 2015 at 7:49 pm
Indeed, my earlier post on Yuuzoo to warned of sellers and being alert materialized. The sellers emerged and dump their shares. In the current market condition, it's most sell on news and no holding. No good stocks at the moment as the market is very volatile.http://stockmarketmindgames.blogspot.sg/2015/01/yuuzoo-joint-venture-agreement-with.htmlRonald K - Market Psychologist - The Big Speculator

Yuuzoo - A Joint venture Agreement with Hongkong-based Hamon Private Equity
Discovered on 13 Jan 2015 at 7:13 pm
Yuuzoo just released a good news. "Singapore, January 14th , 2015: Singapore-based YuuZoo Corporation Limited, the world's first third generation social e-commerce company is pleased to announce that it has entered into a joint venture agreement with Hongkong-based Hamon Private Equity to develop a targeted social e-commerce network for investors, offering a wide range of financial products and services. The network will showcase and distribute a wide array of financial products and services....

SCB 2015 eSavers Account Promotion
Discovered on 13 Jan 2015 at 11:00 am
SCB 2015 eSavers Account Promotion Welcome to Singapore Savings Account Rates blogspot dot com where our team will share SCB 2015 eSavers Account Promotion in today's post. With this SCB 2015 eSavers Account Promotion, our team at Singapore Savings Account Rates works hard to raise your earned interest income from investing in savings accounts in 2015. SCB 2015 eSavers Account Promotion

How much to invest? Nibbles, gobbles, values and prices.
Discovered on 12 Jan 2015 at 10:00 pm
I have blogged about my nibbles and gobbles in the stock market before and although it might be quite intuitive to us, what exactly is a nibble in terms of numbers? I received an email from a reader asking if I could blog about this in greater... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Non-Landed Residential Resale Property Transactions for the Week of Dec 24 – Dec 30
Discovered on 12 Jan 2015 at 10:10 am
Singapore Property News This Week #190
Discovered on 12 Jan 2015 at 10:08 am
Residential December 2014 HDB resale prices lowest in the past 41 months The HDB resale prices in December 2014 are the lowest in 41 months. HDB resale prices had fallen 0.4 percent in December from the previous month while resale volume also fell by 4.1 percent to 1,295 units. Market experts believe that stricter mortgage […]

When is the Right Time to Enter the Property Market?
Discovered on 12 Jan 2015 at 10:05 am
By Gerald Tay (guest contributor) This the key question on everyone’s mind today: “When is it a good time to re-enter the property market as prices continue on their downward spiral?” This aims to provide an overview of the Singapore Private Residential Property Market and allow investors, buyers and sellers to: Form their own view […]

Singapore Property Weekly Issue 190 now out
Discovered on 12 Jan 2015 at 10:04 am
In this week’s issue: When is the Right Time to Enter the Property Market? Singapore Property News This Week Resale Property Transactions (December 24 – December 30) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 190  

Another step towards retirement adequacy taken.
Discovered on 11 Jan 2015 at 11:20 pm
My voluntary contribution in 2015 to CPF is done: With this, I will enjoy the risk free interest rates of 2.5% to 4.0% earlier. Sit back, relax and wait for the magic of compounding to do its work. Related post: Retirement: AK is buying a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

From 2008 to 2014 Savings Account Interest Rates
Discovered on 11 Jan 2015 at 10:30 am
From 2008 to 2014 Savings Account Interest Rates Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the best, the latest and the most up-to-date 2015 Singapore savings account rates in today's post. We highlight the average interest rates of savings accounts in Singapore since 2008 until 2014. From 2008 to 2014 Savings Account Interest Rates of banks in

This could be a great investment (or not).
Discovered on 11 Jan 2015 at 5:28 am
This is another example of my ignorance: Hi S, Welcome to my blog. :) What you have described is something very esoteric. Well, at least to me, it is. I am afraid I know nothing about something like this. If you would like me to blog about it to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

SOLD OUT - The first of many evenings with AK and friends.
Discovered on 10 Jan 2015 at 11:07 pm
I am closing ticket sales now as it just occurred to me that some readers might have done a regular funds transfer instead of a FAST transfer. I don't know how many readers fall under this category. Names of readers' who have managed to secure... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The first of many evenings with AK and friends.
Discovered on 10 Jan 2015 at 9:21 pm
As some of you already know, the response to the proposed event has been overwhelming. However, I hope that the overwhelming response does not have overwhelming expectations attached. In case you have missed the many mentions, what I am proposing... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Gran Tierra Energy (Nasdaq:GTE)
Discovered on 10 Jan 2015 at 7:47 am
Gran Tierra Energy is a conventional oil producer, primarily in Columbia.  97% of their 2013 was liquids, very little gas.  In Columbia, they have interests in 22 blocks, 5 of which are producing.  75% of their 2013 production came from the single Chaza block, in which they have 100% interest.  Their production contracts for Chaza expire after 2034.RevenueGTE pays royalties, as a percentage of oil produced on a sliding scale according to production volume. The royalty levels are a bit complex...

The Nuts And Bolts Of MSR And TDSR
Discovered on 10 Jan 2015 at 5:48 am
Guest Post: By iCompareLoan Editorial Team   TDSR, or Total Debt Servicing Ratio, is a relatively new regulation in Singapore’s real estate market. Introduced only on 28 June 2013 after seven rounds of property cooling measures had been implemented since 14 September … Continue reading →

My stocks portfolio - Dec 2014
Discovered on 9 Jan 2015 at 8:51 pm
Inaugural "Meet The Readers" session?
Discovered on 9 Jan 2015 at 6:20 pm
On and off, I would receive requests from readers to meet up. Knowing me, I would politely decline and suggest that interaction be carried out online instead. There are many reasons why I would rather not meet up and I think regular readers can... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

UOB Passbook Savings Uniplus Accounts Promotion
Discovered on 9 Jan 2015 at 10:30 am
UOB Passbook Savings Uniplus Accounts Promotion Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the UOB Passbook Savings Uniplus Accounts Promotion in today's post. UOB Passbook Savings Uniplus Accounts Promotion interest rates quoted on Singapore savings accounts for 2015 are shared with you for personal use only. Always double confirm savings account

Bread ends are the best!
Discovered on 9 Jan 2015 at 3:10 am
I actually know people who don't eat bread ends and would throw them away! For me, bread ends are the best and I always look forward to when only the bread ends are left in a loaf. Bread ends are really delicious if we apply some margarine on them... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Coffee with Raymond Ng: 8.5% yield? Don't play play.
Discovered on 9 Jan 2015 at 12:48 am
Raymond is a very diligent investor who regularly makes very sensible and balanced comments in ASSI and on my FB wall. In relation to my last blog post, he made a series of comments on my FB wall with attachments that we had trouble transferring to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

曾淵滄-股市资讯专栏 09.01.2015-中国市场向好,美股高处不胜寒,新加坡左右为难
Discovered on 8 Jan 2015 at 11:03 pm
A steady dividend payer with yield of 8.5% since 1990.
Discovered on 8 Jan 2015 at 6:30 pm
AK doesn't know everything, for sure. So, when faced with a question of whether to invest in a sovereign fund of another country even if it should be a neighbouring one, I must be honest to say that I don't have enough knowledge to even write a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

S-REIT : 12-month target prices (Daiwa)
Discovered on 7 Jan 2015 at 11:12 pm
Genel Energy (LSE:GENL)
Discovered on 7 Jan 2015 at 6:16 am
Genel is a low cost oil producer in Kurdistan, one of the last places in the world with cheaply accessible oil.  They have minority stakes in 2 producing oilfields:Taq Taq (44% interest), produced 42680 bopd for Genel in the 9 months to Sept.Tawke (25% interest), produced 21000 bopd for Genel in the 9 months to Sept.The Kurdish Regional Government (KRG) has completed a pipeline (in green) through their territory, linking to Turkey's pipes through to the port of Ceyhan, allowing exports.  Gene...

Non-Landed Residential Resale Property Transactions for the Week of Dec 17 – Dec 23
Discovered on 5 Jan 2015 at 9:44 am
Singapore Property News This Week #189
Discovered on 5 Jan 2015 at 9:34 am
Residential SRPI for completed small units fell by 4.4% in Nov 14 The National University of Singapore’s Singapore Residential Price Index (SPRI) for units smaller than 506 sqft has fallen by 4.4 percent in November 2014 from December 2013. In November 2014, the price index for small units showed a 1.9 percent drop from the […]

2015 Best Savings Accounts
Discovered on 4 Jan 2015 at 10:30 am
2015 Best Savings Accounts Welcome to Singapore Savings Account Rates blogspot dot com in this '2015 Best Savings Accounts' post. The reason this '2015 best Savings Accounts' post is written is because our team strongly believes that 2015 is the year that interest rates in Singapore will finally rise. Since the Great Recession, we have not seen 2.015% best savings account interest rates. We

Singapore REIT Fundamental Analysis Comparison Table – 4 Jan 2015
Discovered on 4 Jan 2015 at 6:34 am
FTSE ST Real Asset Investment Trust (FTSE ST REIT) Index changes from 774.40 to 781.16 compare to last post on Singapore REIT Fundamental Comparison Table on Dec 14, 2014. The index is currently testing the 52 weeks high resistance.  Long term trend for … Continue reading →

OCBC 2.35% Bonus & Savings Account
Discovered on 1 Jan 2015 at 12:00 pm
OCBC 2.35% Bonus & Savings Account Welcome to Singapore Savings Account Rates blogspot dot com where our team will share OCBC 2.35% Bonus & Savings Account rates of the best, the latest and the most up-to-date 2015 Singapore savings account rates in today's post. Our team at Singapore Savings Account Rates works hard to bring you OCBC 2.35% Bonus & Savings Account details in order to raise

Investment Strategy for 2015
Discovered on 1 Jan 2015 at 2:00 am
2015 is expected to be more or less the same as 2014, at least according to experts out there. GDP growth will be muted and the S'pore economy will experience growth but not a lot. In this environment, it will be difficult to have a board based kind of rally we have experienced a few years back after the financial crisis, but rather stock picking on selected stocks which might outperform others in this market.Therefore, my portfolio strategy for 2015 will be as follows:1. Look for deep value ...

Global Stock Market Indices PE & PB Ratio At a Glance (1 Jan 2015)
Discovered on 1 Jan 2015 at 12:42 am
Happy New Year 2015! The following market data can give an inside view on what could be the stock market outlook in 2015. Market Indices PE & PB Ratio for Major Stock Exchange globally US: Dow Jones Industrial, S&P500, NASDAQ, … Continue reading →

My Investment Portfolio (December 2014)
Discovered on 31 Dec 2014 at 9:32 pm
STI ended the year up 6.24% to close at 3365 points. Some window dressing efforts had pushed the index up near the end of the month, though slumping oil prices continue to affect oil-related stocks. Overall, there is not much news on the corporate front, typical for the last month of the year.For this month, I have attended the following AGMs/EGMs/briefings - Mermaid Maritime, Communication Design International, Miyoshi and Second Chance Properties.For my top 30 holdings, Singa...

Happy 2015 From Singapore Savings Account Rates
Discovered on 31 Dec 2014 at 10:30 am
Happy 2015 From Singapore Savings Account Rates We wish everyone Happy 2015 From Singapore Savings Account Rates staff! Thank you for your support. May 2015 bring higher Singapore savings account rates. We love you all! The TeamSingapore Savings Account Rates.

31 December 2014
Discovered on 31 Dec 2014 at 1:41 am
From the stock market point of view, this month could be split into 2 half. The first half of the month was nominated by the oil price slump. Together with the weak performance in Chinese and European economy, the STI, together with the regional indices, dropped more than 4%. There was a great fear in the market that a crisis was on its way. However Santa Claus came and brought with him the Christmas and Year End rally (Frankly, how else can you explain this rally?). As at today, STI closed t...

Oil - part 1
Discovered on 30 Dec 2014 at 6:06 pm
Oil has dropped nearly 50% in the past 6 months, due to an estimated  1m bpd excess, over 92m bpd usage.  Oil prices swing wildly with small changes in supply or demand, as it can't be stored cheaply or safely.In theory, a commodity glut ends when the price falls below the cash cost of marginal producers, eventually pushing them out:(Source - Business Insider)I believe US tight oil (shale) producers are the marginal producers. They are high on the cost curve.  And individual shale oil wells h...

Refinancing: Comparing Home Loans
Discovered on 27 Dec 2014 at 9:23 pm
Guest Post: By iCompareLoan Editorial Team 2013 marked a year with an astonishing array of property rules and home mortgage regulations. For many shoppers in the residential property market, they would have found their buying ability curbed. But not wishing … Continue reading →

Review/Reflections for 2014
Discovered on 26 Dec 2014 at 2:34 am
The year is ending soon and it is a good time to do another review piece. Bascially, not much had changed for my portfolio though markets had been volatile this year. There are plenty of market noises this year from Ebola outbreak to Hong Kong demonstrations to Russia invading Ukraine and of course, fall in oil price.Thoughout these events, I stay vested in the market, collecting dividends along the way and re-investing some back into it. The fall in oil price had hit some oil-related counter...

曾淵滄-股市资讯专栏 26.12.2014
Discovered on 25 Dec 2014 at 10:53 pm
Merry Christmas Singapore Savings Account Rates
Discovered on 22 Dec 2014 at 10:30 am
Merry Christmas Singapore Savings Account Rates In this 'Merry Christmas Singapore Savings Account Rates' post, we remind all readers that Singapore Savings Account Rates blogspot site has been bringing you the latest, the best and the highest Singapore savings account rates since January. How time flies and now we are deep into the season of many Merry Christmas greetings. In this joyous

Golden Agri Resources: The Trend is still Bearish!
Discovered on 21 Dec 2014 at 6:54 am
No bottoming sign for Golden Agri Resources yet. The Trend is still Bearish for Golden Agri Resources. The stock is currently trading within a down trend channel. Original post by Marubozu from My Stocks Investing Journey. Current P/E Ratio (ttm) 16.4589 … Continue reading →

Noble Group: Trading in Down Trend Channel
Discovered on 21 Dec 2014 at 6:42 am
Noble Group is currently trading in a Down Trend Channel. Original post by Marubozu from My Stocks Investing Journey. Current P/E Ratio (ttm) 9.3459 Estimated P/E(12/2014) 10.8360 Relative P/E vs. FSSTI 0.7106 Earnings Per Share (USD) (ttm) 0.0871 Est. EPS (USD) (12/2014) … Continue reading →

2.08% DBS Multiplier Programme
Discovered on 16 Dec 2014 at 10:30 am
2.08% DBS Multiplier Programme We present Singapore 2.08% DBS Multiplier Programme savings rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore 2.08% DBS Multiplier Programme savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. 2.08% DBS

1010股下跌‧今年来最低 马股失守1700蒸发430亿
Discovered on 15 Dec 2014 at 11:05 pm
High Interest Bank Accounts
Discovered on 14 Dec 2014 at 10:30 am
High Interest Bank Accounts We present today's "High Interest Bank Accounts" post to help you save money Singapore Savings Account Rates. Singapore's High Interest Bank Accounts for 2014 are presented for personal information. In this 'high interest bank accounts' post, the team at Singapore Savings Account Rates wants to draw your attention to certain fees and charges you may incur when you

曾淵滄-股市资讯专栏 12.12.2014 -2015年市场展望如何?油价下跌又带来什么良机?
Discovered on 12 Dec 2014 at 1:59 am
Bonus 1.56% iSavvy Savings Plus Account
Discovered on 11 Dec 2014 at 10:30 am
Bonus 1.56% iSavvy Savings Plus Account We present Singapore Bonus 1.56% iSavvy Savings Plus Account from Maybank to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore Bonus 1.56% iSavvy Savings Plus Account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these

Company Warrants Expiring in 2015 - Actions Needed
Discovered on 11 Dec 2014 at 1:07 am
I need to remind myself all the outstanding company warrants that are expiring in 2015 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.METECH INW150627, Expiry Date: 27 Jun 2015, Exercise price = $0.02, Conversion ratio 1:1 - No action taken yet.WE HLDGS W150827, Expiry Date: 27 Aug 2015, Exercise price = $0.03, Conversion ratio 1:1 - No action taken yet.HEETON W150903, Expiry Date: 3 Sep 2015, Exercise pric...

My stocks portfolio - Nov 2014
Discovered on 9 Dec 2014 at 9:38 pm
1.5% p.a. POSB Savings Account Promotion
Discovered on 8 Dec 2014 at 1:00 pm
1.5% p.a. POSB Savings Account Promotion We present Singapore 1.5% p.a. POSB Savings Account Promotion savings rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. 1.5% p.a. POSB Savings Account Promotion Example Of Earnings: Customer A registers for 1.5% p.a. POSB Savings Account Promotion via online through DBS’ website during the 1.5% p.a. POSB

% of Each Counter in my Portfolio
Discovered on 8 Dec 2014 at 12:39 am
A reader asked me about the % of the top 30 counters in my portfolio. I compile a table to show the information. This is based on the month end closing of November. S/No Counter % of Portfolio 1 SPH 5.597% 2 ComfortDelGro 5.088% 3 OCBC Bank 4.522% 4 DBS 4.407% 5 Ausnet Services 3.356% 6 Sembcorp Ind 2.981% 7 Starhub 2.701% 8 ST Engineering 2.638% 9 Frasers Comm Tr 2.615% 10 Metro 2.540% 11 SGX 2.388% 12 CapitaLand 2.166% 13 CitySpring...

28 November 2014
Discovered on 7 Dec 2014 at 8:27 pm
The November Update of my portfolio is one week late, as I was on a business trip in Europe last week. The global equity market was quite positive, led by US market. The weak performance in China economy, falling oil price, weak European performance failed to dampen the market. Singapore market follow the US trend. STI rose 2.33% to 3,350.50 on 28 Nov, impressive performance indeed. However my portfolio value rose on 0.3% for the month. This was mainly due to poor performance of Keppel, SembC...

2015 Singapore Savings Account
Discovered on 7 Dec 2014 at 10:30 am
2015 Singapore Savings Account In 2015 Singapore Savings Account Rates Blogspot Dot Com will continue to supply updates on bank savings account rates for your information. How high will 2015 Singapore savings account rates reach? How good will 2015 Singapore savings account rates be? We shall discover what 2015 Singapore savings account after the end of 2014. In the meantime, let us share

SCB eSaver Account Promotion
Discovered on 7 Dec 2014 at 10:30 am
SCB eSaver Account Promotion We present SCB eSaver Account Promotion Singapore bank savings rates of up to 1.35% per annum at Singapore Savings Account Rates site this day in 2014. Read more at Singapore Savings Account Rates to find out details of SCB eSaver account promotion today. Singapore Standard Chartered Bank SCB eSaver Account Promotion savings account rates for 2014 are

0.68% RHB BizPower Quad Business Current Account
Discovered on 2 Dec 2014 at 10:30 am
0.68% RHB BizPower Quad Business Current Account We present Singapore 0.68% RHB BizPower Quad Business Current Account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore 0.68% RHB BizPower Quad Business Current Account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money

Singapore Corporate Retail Bonds
Discovered on 1 Dec 2014 at 10:30 am
Singapore Corporate Retail Bonds We present Singapore Corporate Retail Bonds and per annum rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore Corporate Retail Bonds rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. Singapore Corporate Retail Bonds

Migrate to Australia
Discovered on 1 Dec 2014 at 9:41 am
Migrating to AustraliaAustralia is country of immigrants.  With large swathes of land, a friendly climate and generally low unemployment rates, Australia is one of the top destinations for many people in Asia who are looking for a place to migrate to.  Whether it is true or not, many people also think that Australia has a generally slower pace of life compared to their own countries.  The standard of living in the cities and the surrounding suburbs are also generally high though racism is not...

油氣股潰不成軍‧大馬股匯重傷
Discovered on 1 Dec 2014 at 5:03 am
Last Stage of Bull Market?
Discovered on 30 Nov 2014 at 7:09 pm
As Sir John Templeton puts it so rightly: "Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria."Pessimism is born.After the global financial crisis of 2007-2008, stock markets plummeted and everybody got out of stocks.  People feared a great crash and cashed out.  The worst was feared.  Large financial institutions might have collapsed if not for the bailouts.  Everywhere was gloom and doom.  Nobody actually wanted to enter into stocks.  This would a...

Indonesian Thermal Coal (part 2) - the Asian coal market
Discovered on 30 Nov 2014 at 6:25 pm
The thermal coal market is harder to understand than I imagined.  Demand should be predictable - after you build a power station, you know how much coal you can shovel into it for the next 30 years. And if many coal miner's costs are above the market price, then production must contract, and there will be an eventual recovery when a new wave of demand picks up.  But its not that simple.Seaborne trade is dependent a few big customers.  In 2013, China was responsible for about 30% of Asi...

My Investment Portfolio (November 2014)
Discovered on 30 Nov 2014 at 12:54 pm
STI ended this month up to close at 3305 points.With fewer news on the corporate front as the year draws closer to the end, investors were mostly reacting to news on the economic front and oil price. Oil producers' cartel decision not to slash output resulted in many stocks related to the oil and gas industry having a bad month in terms of share price performance.For this month, I have attended the following AGMs/EGMs/briefings - Sunningdale, MFS Tech, LippoMalls, Fraser Centrepoint, S...

Jim Rogers on Russia and China, Did Not Buy Alibaba, & Run For Your Lives
Discovered on 28 Nov 2014 at 7:04 pm
曾淵滄-股市资讯专栏 28.11.2014 -中国减息确有为沪港通护航的味道
Discovered on 27 Nov 2014 at 10:55 pm
Malaysia Palm Oil Futures Rise - Hope for Golden Agri and Wilmar?
Discovered on 25 Nov 2014 at 8:31 am
Malaysian palm oil futures rose on 25 Nov 2014, moving away from the one-month low.  It closed at RM2,218 as compared to the 28 Oct low of RM2,187.  Palm oil output rose 2.4% between 1 Nov to 20 Nov compared with a month ago, lifted mainly by a 9% increase in yields in Sabah.  Oil palm is a big thing in Malaysia.Low palm oil prices have caused stocks like Golden Agri-Resources, Bumitama, First Resources, Wilmar, etc to drop in their share price over the past few month.  Export demand is expec...

Bank of East Asia Best Deposit Rates
Discovered on 23 Nov 2014 at 10:30 am
Bank of East Asia Best Deposit Rates We present Singapore Bank of East Asia Best Deposit Rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Check out the best 5% p.a. interest rates available in Singapore: click here. Singapore Bank of East Asia Best Deposit Rates for 2014 are presented for personal information. You should re-confirm bank rates

Moutai
Discovered on 19 Nov 2014 at 8:08 am
Baiju is the most popular drink in China, and Moutai is the highest premium brand of Baiju.  It has a long, storied history.  Each bottle takes 5 years to produce.  It is only produced at a specific location (p6).In China there was a Baiju Bubble, which popped in 2012:I don't know if Kweichow Moutai itself benefited from the previous high prices, or if their distributors did.The bubble was pricked by Beijing's anti-corruption drive.  Moutai had previously focused on selling to government off...

What Scrooge McDuck can teach PAP ministers, TRE born losers etc
Discovered on 18 Nov 2014 at 2:05 pm
In the 60s and the 70s, I loved getting my hair cut once a month in the Arcade at Clifford Pier. One LKY had his hair there too but the reason why I loved going to the the barber was the comics the shop had. A particular favourite comic hero was Scrooge McDuck, the maternal uncle of […]

Ang mohs rioted meh? Not South Asians? Workers’ orms are multi-racial?
Discovered on 17 Nov 2014 at 3:14 pm
Racist joint-exercise at dormitory?  Khaw Boon Wan had said the exercise was to “test our response capability” so that when “quarrels erupt, leading to fights or worse” the police will know what to do. it was not that obvious that they knew what to do in Little India. Going by the KPKBing by people like […]

Reits and other high yielders fit narrative for the “New Neutral”
Discovered on 16 Nov 2014 at 11:58 pm
BOND KING’S MANTRA LIVES ON William H. Gross may have departed Pimco, but executives at the bond giant have embraced his view that a stagnating global economy will force central banks to keep interest rates low, Landon Thomas Jr. writes in DealBook. … Before he left the firm, Mr. Gross called his insight the “new […]

The Dark Side of vigilantism
Discovered on 16 Nov 2014 at 2:27 pm
My Facebook avater posted something on FB to the effect that “It waz vigilantism that won the Wild West. Without concerned, fed-up citizens taking action, the US wouldn’t have had the rule of law.” Of course, he was talking rubbish. It’s well documented that innocent people were killed by posses of outraged citizens because they […]

RHB Trio Current Account Interest Rates
Discovered on 16 Nov 2014 at 10:30 am
RHB Trio Current Account Interest Rates We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore RHB Trio Current Account Interest Rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. Check out the

Indonesian Thermal Coal
Discovered on 16 Nov 2014 at 7:25 am
In one of his books, Aswath Damodaran mentioned a strategy for investing in cyclical commodity companies. When the commodity price is low, below the marginal cash cost of production, buy the lowest cost producer, who will survive and benefit once the commodity price recovers after the more expensive players are forced out of the market.Newcastle (Australia) coal has dropped 50% since 2011:(Source - indexmundi)Futures have it between USD 63 now and USD 72 in 2020.A google for thermal "coal cos...

Meng Seng would be KPKBing if this happened here
Discovered on 15 Nov 2014 at 3:03 pm
Seriously, I doubt S’poreans would be so tolerant of the u/m. GG would go red in the face and GMS would call this a trespass on our sovereignty. Well at least we know that GMS’s sojourn in HK hasn’t made him as friendly to the Pinoys as the Hongkies he so admires. A COMMUNAL sit-in […]

Education, NS: Korea versus S’pore
Discovered on 14 Nov 2014 at 4:50 pm
Where got liddat here? Even rabid ant-PAP cyber warriors don’t describe such things happening here. The dark side of South Korea’s education model – Although South Korea is renowned for its education system, the consequences of its success should not be overlooked, writes Se-Woong Koo for the New York Times. “Dominated by Tiger Moms, cram […]

Latest US investment philosophy
Discovered on 14 Nov 2014 at 12:58 am
“Buy & hold” is history. “Trading” is in. Locals (before FTs took over SGX and made contra trading even more difficult) and Hongkies have been doing this since time immemorial. The new investors’ philosophy seems to be, rather than pay a financial adviser to let their stocks languish in a buy-and-hold paralysis as the market […]

曾淵滄-股市资讯专栏 14.11.2014 -习近平的亚太梦及中国上市企业的吸引力
Discovered on 14 Nov 2014 at 12:34 am
PAP voter stops paying S&C charges to force out WP/ Oppo supporters shld imitate?
Discovered on 13 Nov 2014 at 2:16 pm
In response to this, the following was posted by someone who it seems voted for the PAP in Aljunied and who refuses to accept the election result and refuses to pay his S&C fees: I am an Aljunied resident living with my parents. Lately, due to some disagreements I had with the TC, I have […]

StanChart bosses apologise to shareholders
Discovered on 12 Nov 2014 at 11:48 pm
Top bosses at Standard Chartered admitted the bank’s performance had been disappointing as they announced plans to close 100 branches in a $400m (£250m) cost-cutting drive to win back support from disgruntled investors. The admission was made as the bank’s top management team began three days of presentations to investors, who have endured a 30% […]

LKY: Why liddat PAP?
Discovered on 12 Nov 2014 at 2:38 pm
I was sadden* when I saw the above. Was it necessary to take photos of LKY standing? When he had to be propped up in such an obvious matter. No-one should be treated like a prop, especially not LKY. There were ways to make sure he could have stood in dignity, if it was tot […]

Singapore Savings Account Lobang
Discovered on 10 Nov 2014 at 10:30 am
Singapore Savings Account Lobang This blogspot site is a deep reservoir of Singapore Savings Account Lobang updates. Take our word on this Singapore Savings Account Lobang. We assure you that you can bank on us for this lobang. In our special Singapore Savings Account Lobang way, we bring you the best lobang on interest rates of Singapore bank savings accounts. You won't find anything more

High Yield SGX Stocks
Discovered on 6 Nov 2014 at 10:30 am
High Yield SGX Stocks of The STI We present Singapore High Yield SGX Stocks of the STI to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore High Yield SGX Stocks for 2014 are presented for personal information. You should re-confirm High Yield SGX Stocks prices and yields before you invest your money based on these rates. High Yield SGX Stocks

Hong Leong Finance Savers Plus Account
Discovered on 2 Nov 2014 at 10:30 am
Hong Leong Finance Savers Plus Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates. Hong Leong Finance Savers Plus

My stocks portfolio - Oct 2014
Discovered on 2 Nov 2014 at 8:15 am
Apple watch
Discovered on 2 Nov 2014 at 2:16 am
Apple's new watch:Looks nice, I think normal people would wear it.  Beautiful, with a lot of attention to detail.It has new ways to navigate the UI, such as using the crown to zoom.The back of the watch provides 'haptic feedback', buzzing or nudging your wrist silently.The watch does not fit under a shirt sleeve, so cant be a dress watch.What can you do with it?See incoming messages or calls on your wrist.Open hotel doors and act as a boarding pass.Use ApplePay.Provide turn-by-turn walking di...

2015 Singapore Savings Account Rates
Discovered on 31 Oct 2014 at 11:30 am
2015 Singapore Savings Account Rates In the coming year 2015, Singapore Savings Account Rates shall bring you more great bank savings account interest rates. We shall present 2015 Singapore savings account rates and other 2015 bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in the future year of 2015. How high will 2015 Singapore

31 October 2014
Discovered on 31 Oct 2014 at 5:13 am
The equity market experienced some turbulence in the first half of the month. This was due to several bad news: Weak economics data from Europe and China, conflict in ME with Isis, Ebola scares, protest in Hong Kong... etc. By the middle of the month STI dropped more than 100 points. Indices recovered, however, in the 2nd half of the month. STI closed today at 3274.25, recovering almost all losses from the first half. My portfolio did slightly better. It's value rose 0.33% for the month. I to...

My Investment Portfolio (October 2014)
Discovered on 31 Oct 2014 at 2:58 am
STI ended this month down to close at almost the same level as last month. The market had been very volatile as it had to digest news from the economic front, Ebola outbreak updates, US Fed meeting decision etc. The fall in oil price also affected oil-related stocks. It seems that markets had been reacting to newsflow everyday rather than focusing on company fundamentals. Markets were down for most of the month until the last week when news of Bank of Japan stimulus package managed to drag ST...

曾淵滄-股市资讯专栏 31.10.2014 --政治问题导致沪港通延期?
Discovered on 31 Oct 2014 at 12:27 am
DBS Multi Currency Renminbi Account
Discovered on 26 Oct 2014 at 11:30 am
DBS Multi Currency Renminbi Account We present Singapore DBS Multi Currency Renminbi Account savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore DBS Multi Currency Renminbi Account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based

Berendsen
Discovered on 25 Oct 2014 at 8:29 am
Got this idea from Gannon and Hoang on Investing.  They explain Berendsen's business model and competitive advantage well - in the rental and laundering of textiles for organizations, transportation costs are a major part of such services so clients are clustered around plants, which helps prevent competitors moving in.  Its a route density game.They have traditionally done workwear and linen (for hotels and hospitals), but are not moving into mats, washroom services and cleanroom.Client cont...

Company Warrants Expiring in 2014 - Actions Needed
Discovered on 24 Oct 2014 at 1:46 am
I need to remind myself all the outstanding company warrants that are expiring in 2014 in my portfolio which I will need to take action. I will update this list accordingly as I go along so that I won't forget about them.WEE HUR W140222, Expiry Date: 22 Feb 2014, Exercise price = $0.25, Conversion ratio 1:1 - Warrants exercised and converted to shares.ASIATRAV W140717, Expiry Date: 17 July 2014, Exercise price = $0.245, Conversion ratio 1:1 - Warrants exercised and converted to shares.GBLYELL...

0.8% CIMB Starsavers Savings Account
Discovered on 21 Oct 2014 at 11:30 am
0.8% CIMB Starsavers Savings Account We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014. Singapore 0.8% CIMB Starsavers savings account rates for 2014 are presented for personal information. You should re-confirm 0.8% CIMB Starsavers Savings Account rates before you invest your money

曾淵滄-股市资讯专栏 17.10.2014 -沪港通随时启动,但占中问题仍未解决
Discovered on 17 Oct 2014 at 4:24 am
10 Years of Blogging
Discovered on 6 Oct 2014 at 5:16 am
Dear all,This blog is 10 years old! My first post for this blog was in 7th October 2004. How time files. What started out as a hobby in investment had transformed into a full-time adventure as a private investor for the past 3 years.Blogs come and go, and this blog had become a record of my investment adventures for the past 10 years. It started out as a request from a forumer at sgfunds.com to disclose some of my stock investment and later become a regular monthly updates of my investment tr...

曾淵滄-股市资讯专栏 03.10.2014--港股因占中而回落,中国股市反而造好
Discovered on 3 Oct 2014 at 3:46 am
My stocks portfolio - Sep 2014
Discovered on 1 Oct 2014 at 12:47 am
30 September 2014
Discovered on 30 Sep 2014 at 9:22 pm
Regional conflicts in Middle East, Ebola crisis in Africa, unfavourable business data from Europe and China, all these negative factors weighed on the equity market in September. The latest development in Hong Kong doesn't help at all. STI dropped 50.35 points, or 1.51% in the month, to end at 3276.74 at the end of the month. My portfolio did worst, its value drop 2.02% in the month. Will the market continue with the down trend in October? Or worst still, will the 2007 market melt down repeat...

My Investment Portfolio (September 2014)
Discovered on 30 Sep 2014 at 8:29 am
STI ended this month down to close at 3276 points. The market is very much in negative territory especially towards the end of this month, as investors grapple with issues like timing of interest rate hike in US, weak China growth, euro zone sluggishness and lately, unrest in Hong Kong. With so many bad news out there, it is no wonder that most investors had opted to stay on the sidelines. For this month, I have attended the following AGMs/EGMs/briefings - CM Pacific, Hotel Grand Centra...

OCBC Rights Issue
Discovered on 29 Sep 2014 at 4:17 am
Today the result of OCBC right issue was out. This right issue must have been well received and subscribed by investors, because I was only awarded with 29 excess right shares though I applied for more. The excess shares don't even round my holding to the full lot, but only to the next half lot...hmm...Full lot or not, it's not so important. Since I am subscribing to the scrip dividend scheme, I am going to receive odd lot anyway. Since the shares (rights and excess rights) received are at a ...

直擊阿里掛牌 一度飈近5成
Discovered on 19 Sep 2014 at 6:12 pm
曾淵滄-股市资讯专栏 19.09.2014 -区域股市阻力重重,多加留意中国A股
Discovered on 19 Sep 2014 at 3:54 am
Alibaba plans expansion into US, European markets
Discovered on 15 Sep 2014 at 5:11 pm
曾淵滄-股市资讯专栏 05.09.2014 -哪些股可以乘着沪港通热潮而受益?
Discovered on 5 Sep 2014 at 6:16 pm
Property, Construction - Eyes on KVMRT 2
Discovered on 4 Sep 2014 at 11:12 pm
Annuity plans are just a function of compounded interest benefits
Discovered on 2 Sep 2014 at 7:29 am
Today I read an annuity benefit illustration on a brochure:40 year old male contributes 24,200 yearly for 5 years. At age 65, he receives $2,000 per month (non-guaranteed) till 85 with a lump sum maturity of $72,000 (non-guaranteed). Hence the total potential return is $552,000.The insurer has a track record of meeting its projection. Hence for simplicity sake, let’s assume above are guaranteed returns.At the onset, it sounds extremely attractive to me. I can have an income to complement my C...

My Investment Portfolio (August 2014)
Discovered on 1 Sep 2014 at 12:57 am
STI ended this month down to close at 3327 points. It had been another quiet month with worries on geopolitical issues taking the centre stage. Some of them had been mentioned by me during my previous monthly posts and therefore I shall not repeat here. There are also not much surprises from companies with financial year ending June 2014 when they reported their results during the month.For this month, I have attended the following AGMs/EGMs/briefings - Goodpack, Longcheer, Tianjin Zhon...

29 August 2014
Discovered on 31 Aug 2014 at 8:39 pm
August has not been a good month for share investors. STI has been in negative region (compare to end of July) the whole month. Globally, the stock market is still affected by the Middle East and East European Conflicts. European market continues to be weak but U.S. seems less affected.As at today, STI closed at 3327.09, down 46.97 point, or 1.39% from July. My portfolio performed slightly better than STI this month, thanks to UE, whose price shot up more than 20% on talk of acquisition. Port...

My stocks portfolio - Aug 2014
Discovered on 30 Aug 2014 at 10:25 pm
曾淵滄-股市资讯专栏 22.08.2014-何时才是进场良机?
Discovered on 22 Aug 2014 at 3:53 am
曾淵滄教路 06.08.2014-恒指50年啟示 機會留給有現金的人
Discovered on 9 Aug 2014 at 7:02 am
曾淵滄-股市资讯专栏 08.08.2014-投资股票看长期,看基本因素
Discovered on 8 Aug 2014 at 4:05 am
CNMC Goldmine -Extracting economies of scale (CIMB)
Discovered on 5 Aug 2014 at 9:34 pm
曾淵滄專欄 06.08.2014:投資東亞攻守兼備
Discovered on 5 Aug 2014 at 4:59 pm
31 July 2014
Discovered on 4 Aug 2014 at 1:46 am
STI rose 118.39 points, or 3.64% in the month of July, although the trading volume was not high. Market seemed to be unfazed by the regional conflicts in Ukraine and Middle East. Poll results from Indonesia did not affect the market badly, neither did the aviation accidents happened in July. My portfolio did not perform as good as the STI. Its value rose only 1.56% in the month. Perhaps it was due to the fact that many counters went XD towards the end of the month. I bought some Ascendas H Re...

My stocks portfolio - Jul 2014
Discovered on 3 Aug 2014 at 1:09 am
My Investment Portfolio (July 2014)
Discovered on 31 Jul 2014 at 10:57 pm
STI ended this month up more than 100 points to 3374. There had been some buying interest in index stocks this month as companies with financial year ending 31 December 2014 will be announcing their half year results this month and in August. Investors might be buying some index heavyweights like banks and property stocks in anticipation of good results.For this month, I have attended the following AGMs/EGMs/briefings - SingPost, Azeus, Ascendas India Trust, Grand Banks, MapleTree Logis...

曾淵滄專欄 30.07.2014:贏錢要講心理質素
Discovered on 29 Jul 2014 at 4:54 pm
Temasek Holdings’ foreign investments
Discovered on 29 Jul 2014 at 6:47 am
Leveraging by Pledging My Existing Investment Portfolio
Discovered on 9 Jul 2014 at 9:30 pm
Over the past 2~3 years, I have built up a "sizeable" unit trust investment portfolio with a bank. The funds I invested are mostly of moderate risk. While the prices did not appreciate very much, I have collected good dividend amounting to 4~5% steadily. Two weeks ago, my RM from the bank asked one of the financial consultant to run a "crisis simulation test" on my existing portfolio. The test was to see how my investment would have been affected by "Sub-prime crisis", "SARS crisis" and "Glob...

My stocks portfolio - Jun 2014
Discovered on 2 Jul 2014 at 10:12 pm
My thoughts on CPF minimum sum, retirement and risk hedging
Discovered on 1 Jul 2014 at 9:30 pm
If you were to receive $155,000 and asked to stop working for 5 years, would you agree? How about stop working for 10 years?I have written articles on retirement and income investing long enough to know that one can never solely rely on CPF for retirement. The main reason is because majority of CPF savings are often used to fund your home purchase, the OA account usually has very little left to be set aside for retirement. Hence more often than not, the minimum sum is usually what is left aft...

My Investment Portfolio (June 2014)
Discovered on 30 Jun 2014 at 11:02 pm
STI ended the month on a losing note at 3255 points. Markets had been quiet this month, with low trading volume on most days. This is because of the ongoing FIFA World Cup in Brazil and also worries about unrest in Iraq. Also, there is no much news on the corporate front to move the market.For this month, I have attended the following AGMs/EGMs/briefings - Global Yellow Pages, Sunvic, ISR Capital, 2nd Chance, Transit Mixed Concrete, Global Invacom and A-REIT.For my top 30 holdings, ...

30 June 2014
Discovered on 30 Jun 2014 at 10:03 pm
School holidays plus football world cup, the result is a sleepy market. STI retreated in quiet market for the month, due to tensions in Iraq and Eastern Europe. STI ended for the first half of the year at 3255.67, dropped 1.22% or 40.18 points compared to last month. Surprisingly, my portfolio performed much better than the STI. Its value dropped only 0.04% in the month, thanks to some defensive counters. I did not make any purchase from open market this month, but received some shares from M...

4 in 10 Singaporeans Want to Retire at Age 55 ....but They Are Probably Not Saving Enough
Discovered on 18 Jun 2014 at 9:26 am
A 2014 Randstad Award survey released earlier this year indicated that almost 4 out of 10 Singaporean employees wanted to retire at age 55.  That is a full 10 years before the official retirement age of 65 in high cost Singapore.  This survey involved over 6,000 employees with ages ranging from 18 to 65.Is retiring at 55 realistic?It is not surprising that many had mixed reactions on how realistic this target is. In yet another survey by HSBC, 4 in 10 Singaporeans were found not to have set a...

My unit trust portfolio
Discovered on 7 Jun 2014 at 2:54 am
Throughout my investment journey I learned the importance of diversification and dividend investing. Diversification hedges against single stock/bonds mishap and over confidence in one company; dividend provides the psycological consolation of recurring income from my investments. Last year after much deliberation, I liquidated part of my stocks portfolio and purchased unit trust in order to diversify the systemic risk. I still hold a good number of blue chips like DBS, SGX CAMBRIDGE, OUE, Se...

30 May 2014
Discovered on 5 Jun 2014 at 7:37 am
It was that magic month "May" again. STI stayed in negative territory in the first half of the month, suggesting that the market was going to fulfil the saying "Sell in May and stay away". But no! STI recovered in the second half of the month and ended above 3300 today (month end). That is 0.88% (28.8points) higher than last month. Market seemed to have digested all the bad news i.e. Ukraine crisis, China slow down, tension in South China Sea, etc. Though these problems are all unresolved, eq...

My stocks portfolio - May 2014
Discovered on 3 Jun 2014 at 12:13 am
My Investment Portfolio (May 2014)
Discovered on 31 May 2014 at 10:42 pm
STI ended the month up at 3296 points. Markets had been quite steady this month. Companies with financial year ending March 2014 had been reporting their full-year results, and most had met market expectations. Basically, markets lack more bad news to pull it down, therefore it had remained steady.For this month, I have attended the following AGMs/EGMs/briefings -Petra Foods, HanKore, Jacks International, Frasers Centrepoint Trust and Low Keng Huat.For my top 30 holdings, the main co...

My stocks portfolio - Apr 2014
Discovered on 4 May 2014 at 6:20 am
30 April 2014
Discovered on 1 May 2014 at 2:56 am
Equity market performed well in the month of April, though the tension in Ukraine and news on Chinaslow down affected the sentiment and limited the up side. Good corporate earning results helped the market to move up. STI performed well except the last week of the month, when rising tension in Ukrainecaused some sell brought down the index. Towards the end of the month, the good results reported by the 3 local banks sent market moving up again. STI closed at 3264.71 today, rising 76.09 points...

My Investment Portfolio (April 2014)
Discovered on 30 Apr 2014 at 11:25 pm
STI ended the month up at 3264 points. It had been a month of buyouts as companies with good asset backing had been a target of takeover offers and privatisation. The companies in question include CapitaMalls Asia, Hotel Properties, LCD Global Investments Ltd etc. This had led the market re-rating some of the stocks in this category which supported the market somewhat. There is also some speculation as to which company will be next in the list of buyout. The 3 local banks also reported their ...

My stocks portfolio - Mar 2014
Discovered on 1 Apr 2014 at 4:42 am
My Investment Portfolio (March 2014)
Discovered on 1 Apr 2014 at 12:38 am
STI ended the month at 3188 points. Good news out from US and China seem to support the market this month coupled with not much bad news from the Ukraine-Russia front. The last week of the month was particularly strong for STI.For this month, I have attended the following AGMs/EGMs/briefings - Qian Hu and Roxy Pacific.For my top 30 holdings, there are some minor changes. Hong Fok and Far East Orchard moved up quite a bit after I added more into them this month. ABR Holdings is a new sto...

31 March 2014
Discovered on 1 Apr 2014 at 12:19 am
The equity market did well in March though it started weak. US stocks rallied despite the problem in Ukraine and weak economic data from China. Towards the end of the month, market spoke about possible stimulus from Chinese government further supported the stock price. STI performed well, rising 2.5% in the month. As at 31 March, STI closed at 3,188.62. This also brings STI into positive territory for the year. My portfolio was less impressive. Its value rose only 1.49% in the month of March....

Yingde Gases
Discovered on 22 Mar 2014 at 10:55 am
This is a cheaper version of Air Liquide and Praxair.  Yingde Gases is the largest bulk industrial gas producer in China:By end of 2013, they say they had a 47% market share.  Currently selling for 11 times earnings and growing fast,  compared to 16-18 times for Air Liquide, and 20 plus times for Praxair.Business ModelSimilar to Air Liquide and Praxair (build plants next to customer, long term take-or-pay contracts), with a few differences:The MNCs prefer to build in clusters (p6) in cert...

My stocks portfolio - Feb 2014
Discovered on 7 Mar 2014 at 8:51 pm
28 February 2014
Discovered on 3 Mar 2014 at 5:43 am
Global equity market did well in February. Good earnings from Companies reports and economic data push the indexes higher. Speech from the new Fed Head also supported the stock market.Singaporemarket started weak after Lunar New Year, but recovered from the second week. Though lagging behind the regional markets, STI stayed in positive territory from then till the end of the month. My portfolio somehow lagged behind STI this month. At the end of the month, STI rose 88.87 points, or 2.94% comp...

Kering
Discovered on 2 Mar 2014 at 6:31 am
Kering (formerly PPR), the owner of Gucci and Bottega Vanetta, is a conglomerate and has recently streamlined its operations to focus on Luxury. 66% of revenue (and 96% of operating income) were from Luxury in 2013.The BrandsGucciGucci is positioned slightly below LV/prada, above Burberry/Coach.  From visiting a small Singapore store (6 months ago):The store was slightly busy/crowded.  We just walked in, they do not make people wait in line like Prada/Vuitton do.Price tags are on the items...

Newbie's IB Portfolio and New Bond Portfolio - End February 2014
Discovered on 1 Mar 2014 at 1:46 am
My Investment Portfolio (February 2014)
Discovered on 28 Feb 2014 at 9:41 pm
STI ended the month at 3110 points. It started the month on a weak note and it actually fell below 3000 points and hit a 52 week low of 2960 points during the month. However, it recovered towards the end of the month to close higher. Companies had been releasing their full-year results towards the end of the month and there are some buying interest as things are not as bad as expected. Also, most companies are still paying dividends and that had attracted some investors back into the market.F...

Bought Kering
Discovered on 26 Feb 2014 at 6:20 am
Bought 117 shares of Kering @ 153.35 Euros on 18/Feb/2014.Will write up later.  Kering is the only Luxury company trading at a reasonable (but not cheap) valuation of 14X earnings.  Their main brand Gucci is out of favor right now.  Long term investment.  This is half a position.  Would buy more if it drops to 120+.Shares are directly managed to avoid counterparty risk.  Held through CACEIS.

Sold ESRX
Discovered on 26 Feb 2014 at 6:05 am
Results on the 24th were below expectations, ESRX gapped down on 2X average volume (not shown in the chart) and is now below 50 EMA.  I thought the results were OK, but the market reaction is what counts.  Although it has not broken the uptrend, I am uncomfortable with the reaction and cut loss.  Sold on Tues 25th 360 shares @ $74.34.  Lost about USD 530.I bought because it was going up.  It stopped going up.

Newbie's IB Portfolio - Short Gold! OMG!!!!
Discovered on 26 Feb 2014 at 12:28 am
Ridiculous Initial Margins In IB For 2 Closed End Funds?
Discovered on 25 Feb 2014 at 12:02 am
Newbie's IB Portfolio - Interim February 2014
Discovered on 24 Feb 2014 at 7:38 pm
Newbie's IB Portfolio - Problems Encountered
Discovered on 20 Feb 2014 at 7:37 pm
Newbie's IB Portfolio - Inception
Discovered on 19 Feb 2014 at 8:26 pm
Bought Express Scripts (ESRX)
Discovered on 16 Feb 2014 at 7:43 am
Had my eye on this for a while; bought because it did not fall when the indexes corrected (22nd Jan to 5th Feb), and the correction is (hopefully) over:Bespoke Investment also notes that the Drugs and Biotech has been the strongest industry group since the start of tapering (mid Dec), and Healthcare is one of the strongest sectors in the February's post-correction bounce. Fundamentally:ESRX is the largest Pharmaceutical Benefit Manager in the US.  Their business is to act as a middleman betwe...

Is the US market correction over?
Discovered on 16 Feb 2014 at 3:45 am
Probably.Long term, we were expecting a correction, but breadth did not indicate the bull market is ending (1) (2).Friday 24th was a 90/90 day. This Lowry Research paper (from TBP) is worth reading.  "Almost all periods of significant market decline in the past 69 years have contained at least one, and usually more than one," 90/90 day.They may signify major declines:They "typically occur on a number of occasions throughout a major decline, often spread apart by as much as thirty trading days...

My stocks portfolio - Jan 2014
Discovered on 6 Feb 2014 at 9:25 pm
30 January 2014
Discovered on 4 Feb 2014 at 5:44 am
January 2014 has not been a good month for the equity market. Weak data from China affected the share market performance. US Fed’s announcement to further trim USD10 Billion in bond buying towards the end of the month sent worldwide stock market in to down fall. Singapore market performed badly this month. STI dropped 145.52 points (4.59%) to end at 3,021.91 at the end of the month. My portfolio dropped with STI. Its value decreased by 3.25% for the month. Judging by the trend and news receiv...

Research report on yield securities - SGX
Discovered on 3 Feb 2014 at 8:57 pm
My Investment Portfolio (January 2014)
Discovered on 31 Jan 2014 at 9:03 pm
STI started the year on a weak note. The expected CNY rally did not happen and STI retreated to around 3027 points. Many factors were cited for this weakness, with the US Fed cutting its stimulus, weak manufacturing data from China, weakness in emerging market currencies etc. At home, property stocks received a beating as investors are worried about slow moving sales in the local residential market after various government measures to cool it.For this month, I have attended the followin...

Newbie's new bond portfolio performance - 2014 against Inception (31st December 2012)
Discovered on 31 Jan 2014 at 7:46 pm
My stocks portfolio - Dec 2013
Discovered on 1 Jan 2014 at 11:53 pm
Investment Strategy for 2014
Discovered on 1 Jan 2014 at 2:27 am
2014 is expected to be a good year for the markets, at least according to the analysts. Corporate profits are expected to go up, and markets are cheering since the tapering had started slowly and not as bad as expected. Economics are humming along, which should be good for equities.Personally, I think one should be prepared for volatility in the markets for the year ahead. Your portfolio must be able to withstand market correction and also take opportunities to re-invest back into the markets...

My Investment Portfolio (December 2013)
Discovered on 31 Dec 2013 at 10:01 pm
STI ended the year at roughly the same level as the start of it. There had not been much news flow this month as most investors are having their usual December year end holidays. Trading volume was thin. The two half day sessions during the month doesn't help things either. Lack of corporate developments was also apparent during the month as most company staff might be away on holidays as well.For this month, I have attended the following AGMs/EGMs/briefings - OUE, UIS, Riverstone, Ezra,...

31 December 2013
Discovered on 31 Dec 2013 at 8:20 pm
December has been a quiet month for Singapore stock market. The market seemed concerned by the US tapering of QE3. STI traded in negative territory in the first half of the month with thin volume. Towards the end of the month however, the market started to move upwards, probably due to the year-end “window dressing” effect. At the end of the month, STI closed at 3167.43, down 8.92 points or 0.28% from last month. My portfolio performed slightly better. Its value rose by 0.32%. I received som...

Review/Reflections for 2013
Discovered on 28 Dec 2013 at 9:20 pm
It is time of the year to do a review again. Thinking through what to write for this post, I thought readers out there might be bored to read the same old things again. Because there is not much change in what I had been doing in 2013 as compared to 2012, which means there is nothing new to write. Except for adding onto my existing portfolio and also reducing my stake in some old ones, there is not much change in the way I manage my portfolio.But of course, if I want to write about market "no...

REITs scrip dividend scheme - Beware of its pitfalls
Discovered on 9 Dec 2013 at 11:07 pm
Dear readers,I have shared previously at this blog on the scrip dividend scheme or dividend reinvestment plan (i.e. DRP). Readers who missed it previously can review it again at the link below:http://ghchua.blogspot.sg/2010/11/scrip-dividend-scheme-details.htmlRecently, during my conversation with one investor, I have discovered that he had elected to participate in the DRP for a REIT but did not choose the part cash, part share option. He choose Option 1 to let the company decide the number ...

My stocks portfolio - Nov 2013
Discovered on 8 Dec 2013 at 9:21 pm
29 November 2013
Discovered on 1 Dec 2013 at 8:13 pm
November has been quite a lull month in the local stock market. Market sentiment seemed to be dampened by the talk that US will scaled back the bond buying program next year, and the coming debt ceiling deadline early next year. Towards the end of the month, US market rallied, with index hitting highs. However, the local market went into an unusual lull period, moving side way for the past few days. STI ended last month at 3176.35, down 1.07% from last month (October). My portfolio perform sl...

My Investment Portfolio (November 2013)
Discovered on 30 Nov 2013 at 8:55 pm
STI closed down to 3176 points by the end of November 2013. It was a lacklustre month for the S'pore market despite Dow hitting new highs. Low volume and lack of direction had been the characteristics of the local market this month. The Thai demonstration towards the end of the month had further dampened interest in the market.For this month, I have attended the following AGMs/EGMs/briefings - Southern Packaging, Jason Marine, F&N, Sunright, Sinopipe, Vicplas, Khong Guan, Mermaid, CSE Gl...

Managing a portfolio of 500+ stocks - The Process
Discovered on 11 Nov 2013 at 2:04 am
Dear all,How do you manage a portfolio of 500+ stocks?I think this question came out quite often during my conversation with many people out there and also comments on my blog postings. Therefore, I have decided to write this blog entry to response to some of the queries out there.Previously as a Test Development Engineer, I was required to run more than 3000+ regression test cases for my product across various platforms. Nobody asked me how I managed to do so and I was surprised that many pe...

My stocks portfolio - Oct 2013
Discovered on 3 Nov 2013 at 10:29 pm
31 October 2013
Discovered on 2 Nov 2013 at 5:10 am
The US politicians did not find a solution to raise the government debt ceiling on time and part of the US government was shut down for 2 weeks. The equity market reacted negatively to this. However when the politicians agreed on a temperary solution and the shutdown Wayang ended, market recovered immediately. The positive earning results of US corporation (and some SG companies) supported the market as well. As a whole STI ended in positive territory in October. STI closed at 3210.67 on 31...

My Investment Portfolio (October 2013)
Discovered on 31 Oct 2013 at 10:28 pm
STI closed at around 3210 points by the end of October 2013. Although it seems that STI had gained some ground this month as the US government shutdown issue had been deferred further, it is really a bad month for retail investors in Singapore. This is because of the meltdown of the penny stock segment of the market, mainly due to the trading curbs imposed by broking firms on the now infamous trio of designated counters. Chaos were witnessed by me personally at the cashier of a broking house,...

The UIS Story - The End Game?
Discovered on 24 Oct 2013 at 9:39 am
The UIS story first appeared in this blog at the following link:http://ghchua.blogspot.sg/2009/12/uis-story-closed-end-fund-vs-open-end.htmlA few years had passed and the majority shareholders request to liquidate the fund:http://infopub.sgx.com/FileOpen/UOB-A2013-109.ashx?App=Announcement&FileID=261029Is this the end game for UIS? Will minorities support the liquidation? Will it be able to liquidate close to NAV, considering there are other liabilities to take care of like liquidation costs,...

My stocks portfolio - Sep 2013
Discovered on 5 Oct 2013 at 11:41 pm
30 September 2013
Discovered on 4 Oct 2013 at 7:44 pm
“世事如棋局局新”. Whatever were affecting the stock market negatively in August, were suddenly seemed averted: Fed announced that they were not scaling back their bond buying as yet, USmilitary action against Syriawas hold back. So the market reacted to the good news positively and rallied.STI rose 94.95 points, or 3.13% in September. My share portfolio performed even better. Its value rose 5.24% (net of amount invested this month), almost recovered the losses in August. During the month, all my C...

Air Liquide and Praxair
Discovered on 28 Sep 2013 at 8:47 pm
A look at the numbers for the companies in this industry. Revenues and ProfitsComparing the size of the four largest players, their revenue and profits (in same currency):Linde's profits are for the Gas Division segment only (probably excluding admin costs), which is why they are so high.  Ignore them.Air Liquide is by far the largest, in terms of revenue and profit.   Praxair is far more profitable, with a 20% operating margin in 2012 vs a 14% margin for Air Liquide.  Praxair has also gr...

Insights into Risk Management & Financial Markets: Do you think I am an idiot
Discovered on 21 Sep 2013 at 4:15 pm
Insights into Risk Management & Financial Markets: Do you think I am an idiot: 2013 is the year where markets is ‘played’ to the tune of QE and its noises. Not depression, inflation, growth, etc. My earlier post ...

Do you think I am a financial idiot?
Discovered on 21 Sep 2013 at 4:02 pm
2013 is the year where markets is ‘played’ to the tune of QE and its noises. Not depression, inflation, growth, etc. My earlier post on GFC, QE1 QE2 (QE3, QE infinity, QE finite) what’s next is the series of events on a blueprint of how financial markets is designed to trend. Why QE? Global (and US) QE were designed to lower long term interest rates with the objective of improving growth!

Bulk Industrial Gases
Discovered on 15 Sep 2013 at 8:16 am
This industry is interesting due to its natural barriers to entry.  Because gas is expensive to transport relative to its value - basically they are selling air! - operations are regional.  Once a region is served by an incumbent, it is not economical for a newcomer to make the investment required to enter.  In addition, there are only a handful of global players.Most of this comes from a Morningstar article, and Air Liquide's 2012 Annual report.Industry SegmentsBecause bulk gases are mo...

My stocks portfolio - Aug 2013
Discovered on 5 Sep 2013 at 10:14 pm
31 August 2013
Discovered on 30 Aug 2013 at 8:47 pm
August has not been a good month for stock investers in Asia. Fear that US will scale back their easy money policy soon and the treat of a US-lead UN military action in Syria rock the global stock market. Value of Rupee, Rupiah and Ringget depreciated in recent months Hot money flowing out of Asian emerging markets like Thailand and Phillippines. Alls these news are not good for stock market. China Minzhong was ambushed by a US short seller, whose report accused CMZ of fabricating customer re...

31 July 2013
Discovered on 1 Aug 2013 at 5:12 am
After falling for two consecutive months (May and June), the stock market stabilised and recovered in July. As the fear that Fed stopping easy money policy gets over, investors' confidence seems to return. STI recovered some losses in the month. At the end of July, STI rose 95.01 (3.02%) to close at 3245.45. My portfolio did not do as well as STI, its value only rose 2.26%. This is mainly due to poor performance of property related counters and some Reits. This month I bought some CapitaLand ...

Notes on GoodPack
Discovered on 5 Jul 2013 at 9:50 pm
Since I last looked at it, the profile of this company has changed a little.Note their financial year ends June. CashflowsHaving being leasing IBC's for the past few years, they have been able to generate free cashflows (yellow below):But from this year onwards, Capex will rise as they go back to buying IBCs. As of 3Q 2013 (May), they have already spent 102m on PPE.  Both OCBC and DBS-Vickers predicted higher capex for 2013 and 2014.:Balance sheet As of May 2013, total debt was USD 266m, off...

28 June 2013
Discovered on 30 Jun 2013 at 10:04 pm
The month June has been an unpleasant one. The global stock market was hit by news that US would scaled back the QE program and some bad news from China. Singapore market was not spared and went into correction mode. Some even fear the bear is back. Market corrected quite a fair bid, depite some rebounds in between. As at month end, STI drop 161 points, or 4.86% compared with end of May. The value of my portfolio dropped 4.04% in the month, almost in line with the index. As the market correct...

Still Waiting....
Discovered on 30 Jun 2013 at 4:16 am
After a 9 month rally: finally a pullback! Due to the Fed's comments on 'tapering'.  And something about China.My gut feeling is that this will probably be a 10-20% correction.  Don't think we reached the euphoria seen at the end of a bull market.  Maybe we get a *real* bear 1 or 2 years later.We are also in the twelfth year of a secular bear market, which usually last 12-18 years.  I must consider the possibility, however wrong it feels, that the secular bear is over, and its 1982 again.And ...

31 May 2013
Discovered on 31 May 2013 at 4:54 am
For many years, May has always been a month when I received big dividend, but at the same time suffered loss in share prices. So this year, when STI did well in the first half of the month, I thought: "Hmm...., finally this year is different." Then came the bad numbers from China and Mr. Market reacted adversely to it. Alas.. history repeated itself. Personally, I feel the sell down in the past few days was overdone. The market was waiting for a trigger to "correct" the run-up earlier. So whe...

Good savings from SRS and CPF voluntary contribution
Discovered on 24 May 2013 at 8:14 pm
It is the time of the year to pay income tax. The company owners are happy to receive dividends instead of income as they are tax a maximum of 18% at corporate level. The income I receive from REITs and listed company has already been taxed at source. Hence, I do not benefit from the corporate tax structure. For ordinary middle income Singaporeans like you and me, we can contribute to SRS and CPF (special account) to save a little on tax.I have completed my last module last year for my postgr...

What happened to my Sembcorp put option trade I did in March?
Discovered on 7 May 2013 at 4:55 am
After entering the trade on my ELN for SCI, my initial outlay for 11,000 shares was 54,604.28. It was converted to shares, instead of just earning the option premium. Just after it went XD, I sold it at $5.02, settlement amount was $55,107.73. Hence capital gain was about $500. I am also entitled the $0.15 per share dividend, which works out to be $1650. Hence the total gain was $2,150. In percentage terms, my gain was 3.9% over 1 month. Given the current rising/range trading markets, I will ...

30 April 2013
Discovered on 30 Apr 2013 at 4:39 am
This month, US market seemed to perform pretty well, following some good corporate results. Not so for the local market. Corporate results was mix, and the ST Index was hovering up and down without a clear direction. Most of the months it stayed slightly below March closing, until the last week. Then it suddenly moved forwards to new high on the last few day, at a time when GDP forecast was revised downwards by some local bank. You ask me? I don't understand.As at today, STI closed at 3368.18...

SPH CRASHED 5.65% IN ONE DAY
Discovered on 15 Apr 2013 at 4:41 am
Fortunately I closed my entire SPH position in one day when it reached $4.47. It is facing the stark fact that it is a sunset/declining industry, inching its demise towards paperless age. The REIT story was a nice opportunity to exit at a modest profit. Will it materialize? Perhaps not in the next 6 months. I have since reinvested the proceeds in unit trust, oil and gas, utilities sector and embarked on portfolio financing by pledging all my shares and unit trust to a bank. By end of May, I s...

The Car Industry
Discovered on 13 Apr 2013 at 6:51 am
I like Volkswagen's branding, due to their ownership of multiple brands at different price points.Unlike Mercedes or BMW, for instance, who risk diluting their brand as the move downmarket to sell cheaper and smaller cars.  Or Toyota, who created an upmarket car, but can't quite break into the luxury market...because its still a Toyota.  Always a bad idea to have your branding based on a single name. Volkswagen have increased their European market share from 18% in 2005 to 24% in 2012, due ...

F&N to be delisted?
Discovered on 4 Apr 2013 at 10:13 pm
Fraser and Neave (F&N) might not be delisted after all.  After controlling shareholder took over the company, there has been 2 senior appointments to the board of F&N.  The property and beverage conglomerate has appointed Koh Poh Tiong and former Singapore finance minister Richard Hu to the board.  Mr Koh Poh Tiong is a food and beverage veteran.These appointments have led to speculation that Mr Charoen who bought over F&N might be keen to keep F&N listed on the Singapore stock exchange.  Mr ...

28 March 2013
Discovered on 28 Mar 2013 at 4:51 am
Time really flys! Before one realises it, a quarter of the year has passed. Since it's a public holiday tomorrow, today is the last trading day of the month. The biggest news this month affecting the stock market must has been the banking crisis in Cypus. The worst seems to be adverted, but as the problem was not yet solved, it may come back again. With the news that this problem was somehow released, the equity market did quite well in the past few days. STI movement was somehow rangebound, ...

iWatch vs Swatch
Discovered on 25 Mar 2013 at 4:13 am
Apple's rumored iWatch would not be a watch, but a complement to an iPhone.  Probably some snap around bracelet, with a wireless connection to it.  With, for example: automatic passcode unlocking, NFC for automatic payments, help finding your lost phone, etc.Samsung has also confirmed they are also working on a watch.The Swatch CEO has come out to say that he does not think its a big deal.Yes, luxury mechanical watches and an electronic iPhone-complement device are different products, address...

Marco Polo Marine- A Buy
Discovered on 19 Mar 2013 at 7:30 pm
Marco Polo Marine (MPM) headquartered in Singapore is an investment holding company which was founded in 2006. Its primary business is to offer tug boats & barges to a diverse set of customers spanning from commodities, mining, infrastructure, construction, property development and land reclamation industries amongst others It also engages in transshipment services which could be defined as transportation of coal from the Indonesian mines to coal purchasers and from their transporting it to A...

Nam Cheong Limited - A Buy
Discovered on 18 Mar 2013 at 10:36 am
Nam Cheong Limited (NCL) is the largest Offshore Support Vessels (OSVs) shipbuilders in Malaysia. It is also one the largest regional players. Established four decades ago, NCL is headquartered in Kuala Lampur, Malaysia. Its prime focus is on building environment friendly & technologically advanced OSVs which are used in the exploration & production of offshore oil & gas.Currently, NCL has 37 vessels in October 2012, under its shipbuilding program which is due for completion by 2013.NCL’s glo...

Sold off all my SPH at $4.47!
Discovered on 13 Mar 2013 at 4:57 pm
I sold off my SPH at almost 5 years high of $4.47 pocketing a nice profit and the dividends since 2007. I received about 6% dividends every year while sitting of paper losses of between 100,000 to 10,000. It was a difficult period to hold on to such a stock with very limited upside. During the Lehman brother crisis, the generous dividends gave me strength to buy ARA, Fortune Reit, Parkway Life, Starhill Reit, Lippo Malls, Cambridge, OUE etc, while all these counters have gave me nice dividen...

3 Bedroom or 3 Bedroom Dual Key
Discovered on 9 Mar 2013 at 7:41 pm
The dual key unit costs $975,000, which is about $250,000 more than the unit I bought. I was struggling whether to spend that $250,000 for the unit for investment. However I decided against it, not due to affordability issue, but rather value principles. The dual key unit costs $250k more compared to 3BR, $300,000 more than a 2BR. Hence buyers are paying more than 1,000 psf for the 250 square feet studio. This costs the same as buying private condominium studios. If Topiary appreciates, likel...

Finally bought a property! (Part 3)
Discovered on 9 Mar 2013 at 5:58 am
Then, we chanced upon Topiary, which looked very far off on the Singapore Map near Sengkang, along Fernvale and Yio Chu Kang Road. It is not within 5 minutes to walk to Fernvale LRT. It is a good 15 minutes. We walked over to Greenwich, which has a cold storage and a number of nice restaurants. The nearest MRT was Buangkok 3km away, followed by Yio Chu Kang, a 10 minutes drive away. Clearly, the location was not the best. However, we noticed that new condo developments just across the road ...

Finally bought a property! (Part 2)
Discovered on 9 Mar 2013 at 3:47 am
Upon deciding to purchase Riversail, I brought my family members, fiancée, colleagues to view my chosen unit. They all feel it is a good buy, given current market situation. My fiancée who started work 6 years ago also said she could contribute some money for our future (be it for own stay or investment). All the better, then I will include her in the mortgagor as well. We did our sums and financing was extremely comfortable; she has about $70,000 CPF and $20,000 cash to contribute, I can cov...

Finally bought a property! (Part 1)
Discovered on 8 Mar 2013 at 3:43 pm
The next few posts will document my journey to search for a value property and the thinking process, dilemma I had during the hunt. The first property showroom I went was Riversail near upper Serangoon Cresent. It was a private condominium developed by Allgreen. The property was about 3KM from where I am staying. I like the property for several reasons. - Near to my current home. I am familiar with surroundings such as Hougang Mall, Buangkok, Compass point, Nex, Kovan heartland mall. - Next t...

ARA Asset Management - Good Business, Great Stock?
Discovered on 2 Mar 2013 at 6:55 am
ARA Asset Management is an Asian real estate fund management company that focuses on the management of public-listed real estate investment trusts (REITs).  ARA is listed on the Singapore Stock Exchange and is also an affiliate of Cheung Kong Group (whose chairman is currently Li Ka Shing).Company InfoARA was listed on SGX on 2 Nov 2007.  It manages various REITs that are listed on both the SGX as well as the HKSE and Malaysia Stock Exchange.  REITs that it manages includes Hui Xian REIT (HKS...

Global Premium Hotels - A Buy?
Discovered on 27 Feb 2013 at 11:34 pm
Global Premium Hotels (GPH) operates one of largest chain of budget hotels in Singapore. Its established track record and reputation of providing affordable accommodation has led to its "Fragrance" brand of hotels becoming well-established in the local and regional hospitality industry. Most of GPH’s assets and hotel operations are located in the city or city-fringe areas in Singapore.                                      Global Premium Hotels runs 23 hotels across the country out of which 22...

6.9M population? I don't believe...
Discovered on 10 Feb 2013 at 9:03 am
I do not follow a lot on the ranting of increasing our population to 6.9M. The existing infrastructure have their own constrains to be able to cope with another 1.5M of population. Look at our expressways. If we were to widen the roads, it will cut into temples, homes, pavements. Our main MRT stations are already near to maximum capacity. How much more can they transport? Our cars are already very expensive. Must cars be so expensive that it is only a privilege for the wealthy?   The fundamen...

A Visit To #1 Loft at Geylang
Discovered on 10 Feb 2013 at 2:13 am
Few days ago I passed by a condo showroom about 400M away from Mountbatten MRT. I was curious about the climate of sales in new launches and decided to pop in.  As usual, the actual location of the development was not at the showflat but about 1km away at Geylang Lorong 24.  Nice bed that matches with decorThere were only 2 prospective buyers in that afternoon (including me) in the showroom. The agent was very warm, telling me it is a 5 minute walk to Mountbatten MRT and Aljuned M...

Beware of BID and ASK Spread for Cars!
Discovered on 4 Feb 2013 at 6:36 am
Lately out of curiosity, I decided to check out the value of my 7 year old Japanese car. A search at sgcarmart revealed that the same make/model/year cars would have asking prices of between $20,000 to $25,000 depending on mileage and month of registration. I bought this car in 2006 for $46,000  (no loan) and the car has a residual value in 2016 of $6,000. This means the average depreciation over 10 years is $4,000 yearly, assuming a straight line depreciation accounting. However, if I can ...

Secular Bear Markets - don't wait for another big crash
Discovered on 21 Jan 2013 at 8:14 am
I'm now waiting for a recession or bear market.   As an amateur doing this part time, the safest way is just to wait for a crisis, which seems to happen at least every ten years.   I dream the market drops 40%, like in 08, and I get to buy stocks on the cheap.  I'll probably be waiting a few years more.  From "The Great Super Cycle" by David Skarica:Since 1900, four secular bears lasting 15-20 yearsSecular bull starts when valuations are compressed: In 1949, S&P's PE ratio was 9.1, In 198...

How to measure your life?
Discovered on 25 Dec 2012 at 4:45 am
Clayton Christenson, retired professor of Harvard Business School spoke to a group of students about life. He applied his business theories on life and offered some good advices on how to live a good and satisfying life. Prof. Christensen argued that, when we measure our lives, we always mistaken short term tangible indicators such as social hierarchy and wealth as the true measure of a successful life. i.e living in a capitalist society, we are nurtured, so to speak, to measure our lives the...

Prada
Discovered on 3 Dec 2012 at 4:47 am
3rd largest luxury handbag brand/company in the world.  For fashion and leather, the Prada brand had 2011 sales of 2b Euros, compared to:LV's sales of 8.7b (includes all LVMH's fashion and leather brands - Fendi, DKNY, Loewe, Celine and others - majority of sales are probably from Vuitton).Gucci's 3.1b (part of PPR). What do they do?In 1H12, 62% of their (company wide) sales were leather goods (excluding footwear), so we'll concentrate on that.  In Asia, I would say that all the 'fashio...

Why having an investment philosophy is important
Discovered on 28 Nov 2012 at 8:00 am
If you are a reader of my blog, you probably have heard of Muddy Waters and OLAM. Let’s look at the 4 charts of OLAM, NOBLE, WILMAR, GOLDEN AGRI .   Poor performance relative to local STI. In fact if you look at commodities asset class as a whole, most of them are performing poorly, with the exception of physical gold and oil. Recall my post here in 2008 where I blogged about my investment philosophy. I wrote at one point on NOT investing in high volatile stocks and assets classes. “I do no...

Quick notes on Swatch
Discovered on 13 Nov 2012 at 7:39 am
1) Omega is trying to move upmarket, having:        - increased prices dramatically (~30 to 50%) in the past few years, with       - more marketing: Olympics and James Bond, and        - pulling stock from third party stores while relying on their own boutiques.  Who no longer give the expected 20% off MSRP.If successful, they will end up like Rolex: widely known to the general public as an expensive watch to buy when you've 'made it'.  Instead of 'the watch for when you cannot afford Rolex'....

Tough time ahead for Tiger Airways
Discovered on 8 Nov 2012 at 10:30 am
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Time to hold Neptune Orient Lines
Discovered on 4 Nov 2012 at 10:30 am
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Dynasty REIT IPO - Li Ka Shing linked to launch end October
Discovered on 14 Oct 2012 at 7:58 am
Backed by Hong Kong billionaire Li Ka Shing, Dynasty REIT will be the first yuan denominated REIT IPO to be launched in the Singapore stock market.  The IPO of Dynasty REIT will be the largest in Singapore this year, surpassing that of Far East Hospitality Trust that was just launched in August 2012.So far, the trust has secured two cornerstone investors: Credit Suisse AG and Amundi (a joint venture between Credit Agricole and SocGen).  Together, they have subscribed to 137.6 million units.  ...

Superior quality makes Ascott a favourite
Discovered on 26 Sep 2012 at 11:00 am
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First REIT - Healthcare REIT to Buy 2 New Properties
Discovered on 25 Sep 2012 at 10:08 am
Long have I held First REIT.  Bought and sold First REIT multiple times making a good profit.  Have also received multiple dividends from it.  While First REIT has usually traded around $0.78cents (at least base on my memory), it has now surged past $1.00 perhaps on news that they are about to acquire two new properties.First REIT has basically entered into a conditional sale and purchase agreements for the proposed acquisition of two new properties in Indonesia - comprising an integrated hos...

Steady progress for Palm Oil industry
Discovered on 23 Sep 2012 at 11:00 am
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CPPUs conversion a positive step for FCOT
Discovered on 20 Sep 2012 at 11:00 am
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How many hours did you spend in your car?
Discovered on 20 Sep 2012 at 7:01 am
My colleague was lamenting that cars used to be cheap to own and he regretted not buying earlier. I need to correct him, car ownership is never cheap in Singapore, especially if you use my calculation matrix. Ever since I started using a GPS to navigate directions, I noticed that I drive an average of 1km/min. If the journey is 15km, I usually take 15 minutes to reach the destination. Hence my average travelling speed works out to be 60km/h. This is largely consistent with the average speed o...

3 months from June low... Markets are up again!
Discovered on 18 Sep 2012 at 10:08 pm
In early June there was an opportunity to invest into the markets as markets looked bleak with eminent downside risks. This was an exact replication in April 2012 when markets have moved up swifty, with STI surpassing the 3,000 mark in April, before correcting to 2700 levels in June. Fast forward 3 months later, markets are again in euphoria and STI has rallied 12% (before dividends). If you look at fundsupermart GM’s portfolio, it has rallied about 10%( with dividends likely to be reinveste...

Analysts are positive on Ascott REIT
Discovered on 17 Sep 2012 at 11:55 am
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CDL has the potential to grab growing tourism industry
Discovered on 13 Sep 2012 at 8:00 pm
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M&L Hospitality Trust
Discovered on 11 Sep 2012 at 7:30 pm
M&L Hospitality Trust is a real estate investment trust that was originally intended to list on SGX in 2012 but deferred its IPO listing as investor demand was less than expected.  Given the recent listing of Far East Hospitality Trust and Acscendas Hospitality Trust, will M&L Hospitality Trust list in the recent future? Only time will tell.  In the mean time, let's look at some background material on this trust.It was founded by the Kum family which is one of the wealthiest family in Singapo...

Because you're worth it
Discovered on 8 Sep 2012 at 9:42 am
L'Oreal is the largest beauty company in the world, selling a variety of different brands.Also owns a minority stake in Sanofi-Aventis - this is ignored here, all earnings are operational earnings.  Sales and ProfitabilityBy sales, the company is the largest in the world, closely followed by the beauty divisions of P&G and Unilever.  The other players, such as Ester Lauder, Avon have less than half their revenue.Notes on the categories:For P&G we are looking at 'Beauty' category: this excl...

Higher yields make Ascendas attractive bet
Discovered on 8 Sep 2012 at 6:58 am
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Hospitality Brand name Hotel properties Limited
Discovered on 2 Sep 2012 at 9:18 am
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Demystifying Capitaland Group
Discovered on 29 Aug 2012 at 1:34 am
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Massive constructions of Starhill Global REIT
Discovered on 21 Aug 2012 at 12:05 am
Starhill Global REIT is a real estate investment trust. This trust provides support in the real estate finances which are generally for office spaces and retail purposes.  It is spread across both Singapore and overseas. The Company got listed on the main board of the Singapore Exchange Securities Trading Limited in the month of September, 2005. Since, then the company huge and have improved its portfolio. It has two landmark properties in Singapore and the rest are in Malaysia, China, Austra...

Future is bright for Banyan Tree Holdings Limited
Discovered on 17 Aug 2012 at 1:06 am
Banyan Tree Holdings Limited is an investment holding company. It works in developing and managing hotels and spas in Singapore and abroad. It was started in 1994 and now caters in several segments such as hotel investment, hotel management, gallery operations, spa operations, design fees, property sales, golf course operations, resorts, design management and many others related in hospitality business. It is spread in more than five countries including China, Thailand, Indonesia, Seychelles ...

What is missing in your financial plan?
Discovered on 12 Jun 2012 at 8:00 am
A financial plan is an on-going process of fact finding, analyzing your current budget and financial goals to accomplish the final financial goal or a set of circumstances, e.g. elimination of debt, retirement preparedness, etc. If you have a sound financial plan, you could probably ignore the rest but please send me a bouquet if you find something that is 'of thought' in my post. Thanks in

Why financial markets are not going your trend?
Discovered on 8 Jun 2012 at 12:32 am
Financial markets are not predictable. Financial markets are not logical most of the times.Most would wonder why Asian equity markets plunge while US Dow rallied for a third day or US markets ended mixed. While ·         China’s ‘good news’ rate cut spooks market from MarketWatch ·         Bernanke Sees Easing Options While Not Specifying Them from Bloomberg ·         Spanish Banks Need $50

Buy equities now and maybe after June 17 2012
Discovered on 5 Jun 2012 at 8:59 am
Usually when the fundsupermart General Manager’s personal portfolio is in the red, it gives a clear indication of a buy for equities. Down slightly as at 5th June 2012There are likely 3 scenarios after June 17.Greece pro austerity measures government wins election. Stock markets will rally.Greece’s anti bailout government wins and Greece exit EURO. Short term pain, but European central bank will pump in money to stabilize economy. Buying opportunity for rebound.Greece leaves Eurozone, central...

China Making Contingency Plans for a Greek Exit
Discovered on 4 Jun 2012 at 7:24 am
The above post was just released from CNBC. It discusses a call for contingency plans from the China authorities for a possible Greek exit. As you probably know, news providers are eager to broadcast the latest news. There are times when they do not verify the source of information. Do you recall the Spain-IMF rescue which was later denied? Whichever, we too, have a contingency plan.If the above

Think deep and hard before you invest
Discovered on 4 Jun 2012 at 3:22 am
Think deep and hard before you invest / advise / share.The markets had been tough since 2010. Most (if not all) investors are losing their capital. Even if you are a ‘pro’, your experience would have assisted you to cushion the fall in value. I am suggesting that you leave your investment to the ‘experienced’ professionals. Let me try to explain. Are you able to replace the professional


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