Value Investing For Singapore!

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!

Value Bloggers:

Since about two years ago, I have been targeting to buy a 50" TV. I have waited for the price to drop drastically and finally I have bought a Full HD 50" plasma TV (Model THP50U30S) @ $1088 from Harvey Norman last week.Basically it is just a simple TV without any smart features or 3D function. The reason why I go for plasma TV instead of LED TV is because of the colour and brightness. In my opinion, the colour look more natural and less bright in plasma TV as compared to LED TV.I feel that it is quite a good deal as I was told by the sales person that the price will go up after the promotio...

A small glitter StarHub’s FY11 results were in line, with revenue up 3% while EBITDA rose by a stronger 12.3% y-o-y on good cost management and improved postpaid revenue. The steady core EBITDA margin for 4QFY11 was a pleasant surprise despite a jump in handset cost and given the acute margin pressure at M1 earlier. We [...]

DBS‘ 17-cent drop yesterday to $13.36, and HONG LEONG FINANCE’s 10-cent gain in 2 days to $2.40 is interesting. • Media on both sides of the Causeway reported that a quid pro quo arrangement is being looked into by the 2 governments. • The general view is that DBS will at last be able to “enter” Malaysia, either on [...]

No surprises,but watch for capital management FY11 results are in line, with variances of -2%and +2% to our forecast and market expectations. A 5ct DPS has been declared to a total of 20cts. AS$40m government reimbursement for achieving an NGNBN rollout milestone is expected to lower its gearing further.   Combined with lower capex and higher FCF in [...]

Strong margins Strong close to 2011. The feared negative impact on margins from strong iPhone 4S sales did not materialise. Even excluding capexrelated cost provisions, service EBITDA margin was in line with guidance of 30%. StarHub continued to guide for revenue growth and stable margins in 2012, and reiterated its commitment to a stable dividend. Buy [...]

StarHub’s Q4 net profit up 15.1% at $92.6m Mobile business main Q4 revenue driver at $312.2m, up 3.1% STEADY performance from its mobile and broadband businesses pushed StarHub’s net profit for 2011 to $315.5 million, up 19.9 per cent from the previous year. The triple-play provider saw fourth-quarter net profit grow 15.1 per cent to hit $92.6 million. Q4 [...]

Results Announcement 2 Feb 12 : StarHub (Q411) – EPS 5.4ct (todate 18.4ct) ; Div 5ct (todate 20ct) 7 Feb 12 : SATS (Q312) 13 Feb 12 (AM) : SingTel (Q312) 22 Feb 12 (AM) : MIIF (2H11)   STI = 2917.95 (+16.91) Stock Period EPS cts DPS cts Mkt Yield PE Div Breakdown SPH FY11 (Aug) 24 24 $3.670 6.540% 15.29 Interim 7ct [...]

Analysts zero in on SMRT’s mounting costs ANALYSTS dubbed SMRT Corporation’s third-quarter showing an ‘uninspiring’ one as the transport group reported numbers that showed margins coming under siege from higher diesel and repair and maintenance costs. Though SMRT’s Q3 revenue of $268.2 million met consensus estimates, analysts chose to focus on the pressures on its bottom line [...]

Riding against the tide At a Glance • 3Q12 net profit dropped 14% y-o-y as expected • Expect higher costs in 4Q and beyond, largely from train service disruptions related costs, higher staff and energy costs • Regulatory risks will also cap upside in share price • Cautious view maintained, Fully Valued and TP at S$1.50 Comment on Results 3Q drop as [...]

Well, apparently to some, this woman is worth a career, a family, reputation and scrutiny of the whole of Singapore. On hindsight, it is easy to ask what is going on in the minds of those who would risk it all for a night (or a few nights) of fantasy and thrill? What the hell are those dumb and hum sup (lecherous) uncles thinking? For those who doesn't really know what is going on, read this link first. Well since this is after all, an investment blog, we shall leave these juicy details aside first and talk about the investment analogies here. The analogies I see here are: 1. Due dilige...

It is with some bittersweet feeling that I pen this last and final post, along with my portfolio review for January 2012. As mentioned in my previous portfolio review for 2011, heavier work commitments and a desire to spend more time with family and friends has resulted in my decision to stop blogging after this final post. However, please be assured that all historical posts and information will be left intact, so readers can continue to browse and access sections of my blog for information and learning.For the month of January 2012, I added about $10,200 worth of SIA Engineering to my exi...

Recently I had posted in this blog that I will only track my cash passive income portion and leave out my CPF portion. So I have to adjust my total passive income target to $3000 based on my last expenses update in order to gain my financial freedom.Total Passive Income(Cash): $1702Target: $3000Achievement: 56.8%For passive income 1, there is an increase of $30.For passive income 2, there is an increase of $30For passive income 3 and 4, there are no changes.

It has been about 4.5 years since I first started serious blogging about investing and investment, and since then it has been a very steep learning curve for me in terms of acquiring knowledge, improving my analysis and sharpening my focus on companies. At the same time, I had also acquired important character traits and temperament which also aided in my journey to compound and grow my money. I guess this second-last post is to summarize my journey so far, and to collate all that I had learnt. I will also be penning down my plans in the medium-term, and how I plan to grow my portfolio; alo...

Wishing all my blog readers a happy Lunar New Year. And enjoying yourself with your family members and friends in this holiday.

Part 2 of my investing recap will focus on the psychological, mental and emotional aspects of investing, which are arguably just as important (if not more) than the quantitative and qualitative aspects of analysis into a Company and its business model. This is because having the wrong psychology can often scuttle an investor’s best intentions, even if he is a certified expert in analysis. The inability to control and master destructive emotions can cause significant losses for an investor and result in him not being able to preserve capital. Behavioural Finance is a very new field which com...

In economics, competition is the best thing that can happen. Competition brings about lower cost, innovation, improvement and makes economic development possible. Competition goes on until it is limited by other factors. E.g. until all producers are loss-making and can no longer make money, or until some input resource is depleted. Which is not always bad in economics bcos it benefits the consumer or it forces innovation (by looking for a substitute). But for kiasu parents, competing for the best schools is a completely different ball game. After reading a few examples from this book title...

As part of my concluding posts for this month, I shall be doing two major recaps on value investing and will be focusing on two major aspects which I feel are equally important if an investor wishes to obtain a successful, consistent and decent return on investment. These two sections shall be split into “Research and Analysis” which gives a revision on what one should focus on with regards to the numbers, financials and operating statistics; and “Behavioural Finance and Temperament” which sums up the emotional fortitude and attitude an investor should have when he approaches investing and ...

For those who have been following my blog will know that I had undergone Lasik treatment during Dec 11. Recently my vision has almost recovered and I am glad that I have obtained my vision freedom again after twenty plus years. The total cost of my Lasik treatment is adding up to almost $4000 (including post-consultation sessions and eye drops). Though it may be expensive, but to me it is definitely worth it. It is because I no longer need to find my spectacle every morning when I wake up. No more constraint by spectacle viewing area. No more cleaning of fingerprints and dust on my specta...

This is sensitive topic that has angered many Singaporeans. Even with a 30% pay cut, people are not happy. So what if the Transport Minister gets paid $1mn instead of $2mn? The train is still breaking down and the taxi fares just went up damnit. At the risk of getting flamed and BBQ-ed on skewers alive, I would like to chip in my two cents from an economic viewpoint. There are perhaps 30+ Ministers and high ranking Govt officials that receive on average, say S$2mn in annual package. Let's throw in a generous bonus of another $1mn. So in total, we pay out $100mn to our Ministers plus high...

Today I shall post an update on my monthly expenses. I have decided to take out my housing loan portion as my total family CPF (OA) is going to catch up with it. For my utility (power/water/gas) bill, it has gone up by $50. I also increase my other unknown expenses from $100 to $250.So in conclusion, my total expense now is $3000.

Other Investor's Writings:

跌得愈深反彈愈強新世界今年之「升」自從溫總講了那句要「提升股市信心」之後，股市的表現就一路好轉，顯然是受上海深圳A股造好所影響，但是龍年開年第一個交易日，內地股市休息，港股依然大幅上升，恒指一天升300點以上，很明顯地，外圍股市表現也不錯，歐洲股市造好，因為歐債問題已相對緩和，美國股市更接近創金融海嘯後的新高。Read more »

打倒「金融霸權」首先改革強積金「時代雜誌」年度人物，為全球示威者。佔領運動，香港亦有，天寒地凍，仍在獅子銀行地下駐紥，抗爭到底。雖然港人對「地產霸權」咬牙切齒，但「金融霸權」形容空泛，加之全港在行內搵食，人數達廿二萬，一竹篙打一船人，自然難獲共鳴。忽爾殺出一句「打倒資本主義」，只會令人想起北韓，心寒至極。盲目控訴「1%/99%」貧富懸殊，也是不必，世上富人，也有取之有道者，而如蓋茨夫婦、巴菲特，掀捐獻之潮，更為雅事。控訴金融霸權，釐清毒在何處，才能得到支持。Read more »

房地产新推手：大马产托前景看俏Created 02/05/2012 - 14:52 产业信托（REITs）或产业基金，在外国流行已久，但在国内则是近几年才兴起。尽管还处在萌芽阶段，但我国的产托和产业基金积极投资，不只促进了房地产市场的活络度，也推升了整体市场的吸引力。本期，让我们看看这个新兴市场的发展和潜能。投资房地产，除了直接进场购买产业外，另一方式就是通过购买产业信托（REITs）或产业基金。Read more »

收购亚洲石油中心 睦兴旺或需承担工程超支Created 02/05/2012 - 18:49 （吉隆坡5日讯）消息传出，睦兴旺（Muhibah，5703，主板建筑股）加入由联昌国际（CIMB，1023，主板金融股）领军的财团，收购亚洲石油中心（Asia Petroleum Hub）。虽有望取回早前欠款，但未来或需承担工程成本超支。Read more »

房地产新推手：办公楼供应过剩 未来2年续走软Created 02/05/2012 - 14:36 去年末季，办公楼领域增添了6座办公楼，供应面积大约是297万平方尺。其中2座办公楼是国家石油第三大楼（Menara 3 Petronas，净租用面积为85万平方尺）以及Prestij大厦（净租用面积为50万平方尺）。 同时，其他已竣工的项目还包括Lot E@吉隆坡中环（净租用面积为45万平方尺）以及第二期的The Horizon（净租用面积为63万平方尺）。 随着新建筑物的加入，办公楼领域于去年的总库存已经累积至420万平方尺。 Read more »

On Friday, Kepcorp trend downwards and closed at $10.57 with HIGH volume of 8.82 million shares traded. During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles.  During the past 50 bars, there have been 30 white candles and 17 black candles for a net of 13 white candles. Both RSI & MACD are bearish as MACD perform a “cross down” recently. Important Resistance of Kepcorp: $10.85 Immediate Support of Kepcorp: $10.30 Currently prices are supported by 20 days MA at $10.30. For the past 3 trading sessions, there has been heavy profit taking as investors sell on the overbought market. The support at $10.30 is expected to be strong. It would not...

In my previous posting, “Investment Notebook: Opportunity Fund”, one of my readers posed this question to me “how many percentage of my net worth coming from the return of my stock investment, would I consider it has made me rich”. This is a very interesting question and it has set me pondering hard for several [...] Related posts: Investment Notebook: Opportunity Fund Investment Notebook: Investment Principles My Investment Notebook

Reits / Biz Trusts CitySpring Infrastructure Trust Feb 09 Banking / Finance DBS Feb 10 Great Eastern Holdings Feb 14 OCBC Feb 20 UOB Feb 23 Property / Hotels CapitaMalls Asia Feb 10 CapitaLand Feb 14 ARA Asset Feb 21 Pan Pacific Hotels Feb 24 UOL Feb 24 Ho Bee Feb 28 City Dev Feb 29 Conglomerates Sembcorp Industries Feb 27 Telco SingTel Feb 13 Transport SATS Feb 07 Vicom Feb 09 SBS Feb 10 Comfort Feb 13 Shipping / Marine-Related Otto Marine Feb 23 Semb Marine Feb 23 Agri-Related Olam  Feb 14 Wilmar Feb 22 Indofood Agri Feb 29 China China Minzhong Feb 13 Qingmei Feb 14 Treasury China Feb 28 Others Osim Feb 07 Biosensors Feb 08 Mun Siong Feb 10 WBL Feb 11 Amtek Feb 13 Global Logistics  Feb ...

The Moon Let me us a Buddhist analogy to illustrate why some people are better at using Fundamental analysis to make profitable investments. Published accounting statements, brokerage reports, company’s spin (opps, I meant presentations), media commentaries, and so on are akin to the finger pointing to the Moon. The finger is not the Moon. It [...] Related posts: Fundamental versus Technical Analysis – Part 1 of 3 Fundamental versus Technical Analysis – Part 2 of 3 Should you use fundamental or technical analysis?

ArmstrongNOT RATED S$0.285 Return *: 1Risk: ModeratePotential Target * : 12-Month S$ 0.40 (40% upside)Set for post-flood rebound• Leading foam & rubber components supplier with >30 years track record• FY12 PATMI to double as electronics/HDD recovers post flood, and auto grows firmly• We value Armstrong at S$0.40 per share based on 1.6x FY12 P/B.Read more »

Turnaround + Situational PlaysLooking for Alpha• Stock picking now in favour as macro risks recede• Take advantage of market pullback to cherry-pick turnaround plays• Select counters with good fundamentals and company specific opportunities or catalystsGo bottom up as macro risks recede while GDP growth remains sub-par ‘Risk on’ trades are back on as the immediate danger of a Euro crisis GFC recedes. Refinancing costs have fallen across most of Europe while the Euro has rebounded. Across the Atlantic, US economic data continues to indicate sub-par rather than zero growth, while the current round of earnings reports there has helped equity indices.Read more »

Broadway Industrial GroupBUY S$0.335 (Upgrade from Hold)Price Target : 12-Month S$ 0.44 (Prev S$ 0.32)Undervalued, turn around play• Earnings nadir; rebound to pick up in 1Q12 as capacity is restored• New customer and stable USD could drive earnings• With the worst over and an improving outlook, Broadway deserves a re-rating to its historical mean of 0.87xPB or TP of S$0.44• Upgrade to Buy for 35% price upside and 6% dividend yieldRead more »

HyfluxBUY S$1.35 Price Target : 12-Month S$ 1.78Ground for optimism• Selldown overdone, recent developments positive• Outlook intact and poised for a recovery on earnings turnaround, contract news flow and funding• Valuations have dived below -1SD PE and close to - 2SD PB. Reiterate Buy with 32% upside to TP of S$1.78.Read more »

Jaya HoldingsNOT RATED S$0.57 Return *: 2Risk: ModeratePotential Target * : 12-month S$ 0.63 (10% upside)Reposition for recovery• Yard divestment on the cards• New shareholders reposition business to ride on expected recovery in the OSV market• Discount to NAV should narrow on more stable, improved earnings and visibilityRead more »

Neptune Orient LinesHOLD S$1.365 Price Target : 12-month S$ 1.25Hope for an early turnaround• Facing near-term losses as industry struggles to cope with the glut of mega vessels• But turnaround in profitability may be earlier than expected if coordinated action by liners to stem the rot is successful in lifting rates by 2H12• Any dips in share price will present opportunities to take position in one of the potential future industry leaders at very attractive valuationsRead more »

Sound Global LimitedBUY S$0.59 Price Target : 12-Month S$ 0.90Sound deal yet unheard• Strong earnings track record and order win momentum• Record-high backlog of RMB2.5bn provides strong growth visibility• Attractive valuation at 10x FY12 PE on fully diluted earnings; Recommend BUYRead more »

StarHubGood show but weak operating trends HOLD S$2.83Price Target : S$ 2.90At a Glance• FY11 earnings exceeded street expectations due to one-off gain of ~S$10m. Final DPS of 5 Scts was inline• Maintains 20 Scts DPS guidance for FY12F. Management sees low likelihood of special dividends due to weaker economy• Weak mobile operating trend is a concern. HOLD for assured 7% yield, the highest in the sector.Read more »

Singapore AirlinesResults below expectations HOLD S$11.00Price Target : S$ 10.00At a Glance• 3Q12 net profit of S$135m (-53% y-o-y) below consensus and our expectations• Forward bookings remain unexciting amid current global economic uncertainty• FY12 and FY13 estimates lowered by 9% and 3% respectively• Maintain HOLD and S$10 TP (0.9x P/BV)Read more »

Singapore AirlinesShare Price S$11.00Target Price S$10.90Downside -0.9%3QFY12: In line; yields firmer but sustainability unclearRead more »

HKT TrustBUY HK$4.97 HSI : 20,333(Initiating Coverage)Price Target : 12-Month HK$ 5.5Major ShareholdersPCCW Limited (%) 68.0Capital Research and Management Co. (%) 5.0Free Float (%) 32.0Read more »

Betting on the bullDoom and gloom abound. But we are betting that confidence will improve enough this year for money to flow back into markets. The Edge Singapore’s 10 stocks for2012 have been picked for their strong investor following, attractive valuations and solid micro-growth storiesRead more »

Sean Quek widened his horizons last October when he left Credit Suisse as head of its Singapore equities research team to join Bank of Singapore. Now, as head of equity research at the private banking arm of Oversea-Chinese Banking Corp, Quek scours global equity markets for investment ideas that would suit the needs of his high-net-worth clients.Read more »

THE CHINA MARKET was closed all week for Spring Festival and this provides an opportunity to put the rally of the last trading day of the previous lunar year in perspective. It provides some guidance to how the Year of the Dragon may develop and comes in three parts:Read more »

Mixed tradingFirst week of Dragon Year starts strong but ends weakAfter the two-day break, the local market started the Year of the Dragon with a bang on Jan 25 by gaining 42.26 points to hit 2,891.64. The momentum quickly fizzled out, though. On Jan 26, the index reached an intra-day highof 2.917.59 points in the morning before ending the day just 2.79 points higher to close at 2,894.43 points.Read more »

How The Edge Singapore’s stock picks fared in 2011Last January, when we put together ourannual 10-stock portfolio, we were concerned that it would be difficult to make money in 2011. At the time, growth was decelerating and inflation, rising. Stock valuations, meanwhile, had been jacked up bya two-year rally.Read more »

For those who registered the seminar. Please kindly turn up and no giving up of seats to others. I am getting staffs to do stringent checks before seats will be allocated and what are the allow's and not allow's during the seminar. So even though you give up your seats to the other party, he/she will not be able to enter the room and listen.With all the recent flames and attacks, I learn to forgive, forget and be lenient. Ask yourself this question, why am I still allowing comments even though people loves flaming at me? Because I believe in freedom of speech and everyone has their own view. So even though I received negative comments, I cherish, welcome and embrace it as I am not affecte...

Shipping - Asia-PacificMaersk rate hike unlikely to stick, let alone fix the industryMaersk rate hike looks extremely optimisticAsian container shipping stocks have rallied strongly after Maersk announced its intention to raise its rates on Asia-Europe services by a record US$775 per TEU – a 100% increase from 1 March 2012. We think such an increase in the middle of the slack season will not stick in the face of a challenging European economy. Historical precedent suggests a rate hike of US$100-200 per TEU is likely the most that could be pushed through (even then assuming other liners “play ball”). An increase of US$160/TEU would merely bring Asia-Europe rates in-line with our 2012 assum...

Singapore AirlinesCurrent S$11.00Target S$11.00Long-haul passenger and cargo operations still under pressureAn anticipated weaker 4Q is the reason why we deem SIA’s 9M11 results to be in line with our forecast (but 20% below consensus) even though it was 92% of our full-year estimate. 3Q cargo losses more than doubled qoqandmainline passenger operating profit plunged 64%. Read more »

StarHubCurrent S$2.83Target S$3.31No surprises,but watch for capital managementFY11 resultsarein line, withvariancesof -2%and +2% toourforecastand market expectations. A 5ct DPS has been declared to a total of 20cts. AS$40m government reimbursement for achieving an NGNBN rollout milestone is expected tolower its gearingfurther.Read more »

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Twitter Weekly Updates for 2012-01-29 http://t.co/7PVK0mja # Related posts: Twitter Weekly Updates for 2012-01-29 Twitter Weekly Updates for 2012-01-15 Twitter Weekly Updates for 2012-01-22 Related posts: Twitter Weekly Updates for 2012-01-29 Twitter Weekly Updates for 2012-01-15 Twitter Weekly Updates for 2012-01-22

In last week, STI merely gain 2 points from the opening of 2916 and close higher at 2918. A white candle sticks with upper/lower shadow affirms that rally was getting weaker as it climb higher. Key Economics Data report: In last Friday, US January jobs report was a major surprise which causes investors to speculate economic growth may be better than 2% expected this quarter, and that the Fed will now be less likely to ease again. The Chicago Board of Options Exchange’s VIX, a volatility measure and also a market fear gauge, fell nearly 5 percent Friday to 17.10, its lowest level since last summer. There’s no fear in this market right now. Technical Analysis on STI STI index re-test the...

Asian stocks (represented by the MSCI Asia Pacific Index) logged its longest winning streak since 2005 amid the backdrop of improving manufacturing reports in China, Europe, India and U.S. S&P 500 jumped 2.2% higher for the week on the back of better than expected U.S. jobs report. STI has surged 272 points or 10.3% year [...] Related posts: What lies ahead for this week? Bull or Bear? S&P 500 Next Week: Another Week of Lower Lows? Market Outlook (08/10/11): Market Focus On Q3 Earnings in the Week Ahead!

I have been doing more thinking. OK, so what’s new? In recent weeks, the stock markets rallied and with the strong closing on Wall Street last night, they look like they could move even higher next week. The bulls say that the tide has turned and things are moving higher from here and that we [...] Related posts: Property Market Outlook 2012 – A Wrap Up Top five things to watch out for in 2012 Golden Agriculture: In full retreat.

A young and pretty lady posted this on a popular forum: I’m going to be honest of what I’m going to say here. I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I’m greedy, but an [...] Related posts: Adjustment of SRS Contribution Cap How Much of Salary to Save Poly Graduates Gross Monthly Pay Rises

So, as mentioned in the earlier part of this blog series, investment research is essential for every investor as it provides a holistic analysis which is able to build on your investment thesis’s conviction. In Part 2 of this blog series, I will be going through on my own investment research process. By no means [...] Related posts: My Investment Research Process (Part 1) Overseas Property Investment Part Two: Investment Considerations Value Investing Recap Part 1 – Research and Analysis

Read? Investing Made Simple by Uncle8888 (30) Read? Why it is easier to become rich from property and not stocks? (3) Uncle8888 is NOT 股神(God of Stocks) Uncle8888 is NOT faithful Uncle8888 loves to keep mistresses! As of today, he has joys, fun and saddness with a total of 56 different types of mistresses. 30% of mistresses [...] Related posts: Investing Made Simple by Uncle8888 (5) Investing Made Simple by Uncle8888 (6) Investing Made Simple by Uncle8888 (10)

A couple of years back, I used to envy people driving that Lexus luxury car and was so tempted to get one for myself, I told my friends I will get one of those as my next car, a rich man son’s friend of mine even encouraged me to get one as he said this might enhanced my image in [...] Related posts: Fact Sheet for Property Loans My personal financial goals What Should I Do With My Annual Bonus?

The much awaited reporting season is here again and a careful review of any vested company should be done for an understanding of the direction of which the company is heading towards. Such a review can be timely to provide sufficient reasons in divesting or investing in a company, especially so when the reason for [...] Related posts: How Much To Get Married Finding Dud Companies on SGX Personal Finance Part 23 – Functional Versus Status Items

Watch videos made by tech fanatics, vote for your favourites and you could win cash, prizes and a trip to the USA! Watch the videos and cast your vote here: http://sg.churpchurp.com/AK71SG/share/cantlivewithouttech3 [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I remembered on Feb 2 2012, a fan of mine asked me why did STI stayed positive for the entire session and it tanked in the final hour. That to many was obviously some selling going on, however to me was nothing. On that day, I saw many were selling and some were even shorting. I was absorbing whatever supply I could so as to profit the next day. I wasn't panic because I had a trading plan in place and a target for STI. So no matter how strong/weak the selling was, I was confident it will continue to trend higher until it reaches my peak. So yesterday the market rallied in the morning and guess what, many were covering shorts and even more were cutting losses. Conclusion? The high can get ...

Read? Why it is easier to become rich from property and not stocks? (2) Are stocks right for you? I don’t know about you; but I know that stocks are right for me. Why? I heard them from my own ears and saw them in my own eyes. How not to believe that stocks are [...] Related posts: Why it is easier to become rich from property and not stocks? (2) Why it is easier to become rich from property and not stocks? Is it easier to get rich investing in stocks or properties?

Watch Video Presentation on “Investment Market Update for July 2011″ Written by Wilfred Ling    Saturday, 04 February 2012 Where the economy is going? How should one invest? While there are market news that you can get from the Internet, newspapers and friends, it is too easy to be overwhelmed by the large amount of [...] Related posts: SGX My Gateway (Video)Singapore Migrants Buying Insurance Video by Kim Eng: Lunch meeting with Armstrong CEO

A frequent question that is often asked by many people is this: “How much to give in terms of money for a Chinese wedding?” For the uninitiated, there are many traditions that are followed in a typical wedding involving a Chinese couple.  One of these traditions is the giving of red packets (or what is [...] Related posts: Life in Singapore Elections, Royal Wedding and Osama is Dead Singaporean in debt

On 03/Feb, Singapore shares ended higher as investors are bullish ahead of the Jan U.S. employment report. STI ended higher at 2917.95 (0.6%) with HIGH VOL of 3.43 billion shares traded compared with 2.99 billion shares Thursday. In the broader market, gainers outnumbered losers 275 to 142. Today investors continue to buy on the exceptions of good key job data from US later tonight. Headline in STI After market close Keppel Corp. Ltd. (KPELY) has priced a S$400 million 10-year bond at 128 basis points over the Singapore Swap Offer Rate. Technical Analysis on STI Immediate Resistance of STI: 2936 Immediate Support of STI: 2906 MY sentiment on STI: See market outlook KepCorp Prices S$40...

Do you want to win a trip for 2 to Krabi worth S$5,000? You might just win if you take part in a simple contest organised by DUREX in conjunction with Valentine's Day: Durex Love Box Pose and Post Photo Contest. Find out how to participate... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Registration is closed for the Market Outlook 2012 seminar. I was given instruction to stop all registration as seats were all taken up in 1 day. Thanks for all the support and see you guys there!Ronald K - Market Psychologist - The Big Speculator

Many of us including me are always wondering which is the best method to invest/trade? Which books should I read to learn more? Which guru’s seminars should I attend so that I can invest/trade better? Which blogs should I visit? SO the QUESTION is: Which method should I use? FA? TA? value investing? value growth [...] Related posts: 5 steps to make the power of compounding work in dividend income investing DBS High Notes Investors Loses Appeal XIRR/CAGR: Investor’s true performance indicator! (3)

No. Stock Shares Dividends Collected (US$) % of Portfolio Yield on cost             (after withholding tax) 1 Coca Cola 50 $0.00 25.73% 1.90% 2 Johnson & Johnson 50 $0.00 25.02% 2.45% 3 Verizon 50 $0.00 14.20% 3.70% 4 AT&T 55 $0.00 12.24% 4.10% 5 *Vodafone (ADR) 50 $0.00 10.36% 5.10% 6 Procter and Gamble 10 $0.00 [...] Related posts: December 2011 Global Dividend Growth Portfolio Update November 2011 Global Dividend Growth Portfolio Update 2012 Dividend Payment Schedule (Getting cash every month)

GLD is the symbol for Gold ETF. This counter is listed in AMEX. Uptrend for gold remains intact. Recent pullback for gold is good opportunity to buy. On 19 Dec 2011 we had informed our Learn Investing students to buy … Continue reading →

Free Market Outlook 2012 Seminar.Please send email to register with Gill. I am hosting a Market Outlook 2012 seminar to give a view of where the market direction is and my view on certain stocks.The details of the seminar is as below:Date:     11 February 2012 (Saturday)Time:     0930 to 1130Venue:       City Index Asia Pte Ltd 6 Battery Road #20-01 Singapore 049909(Next to Raffles Place MRT)Contact Gill at manveer.gill@cityindexasia.com with the following format.Subject: Attending RonaldK Market Outlook 2012 SeminarContents of email: I want to attend RonaldK Market Outlook 2012 Seminar. Please kindly register me.Or alternatively you can call at 6826 9974 to register.Registration online w...

As I was watching Oceanus today, I realized that there was still money to be made on the upside. My students were the ones that profited handsomely from this rally. They sent me a screenshot of their trades so I decided to upload it. As I was looking at my chat during that hour, I also replied to a chat message that Oceanus and Chasen are still my favorite stocks. The rest is history. Of course they managed to secure their profits because money in pocket is always safer than money in the market. Congrats!Ronald K - Market Psychologist - The Big Speculator

SIA has announced that its Q3 profits have dropped by 53%.  This was attributed to higher fuel costs.  Even through revenue grew, expenses have grown much faster thus hurting SIA's bottom line.  The outlook for Q4 also remains bleak.Meanwhile, SIA also confirmed during the past few days that cracks in the wing brackets have been discovered on 6 Airbus planes after inspections were carried out.  The repairs are wholly covered by Airbus and not SIA.  Out of the 6 Airbus planes, 4 have already been repaired and are back in service.

With the BDI sinking amidst a worsening situation of overcapacity and economic malaise in Europe, the rally in Courage Marine's share price provided a chance for me to cut my long exposure with minimal losses. We are also blessed to have an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Months ago, I made an ill fated decision to go long in NOL. It was a decision based purely on TA and it was a trade that went awry. Straying from my tried and tested methodology of FA + TA plus a lack of a cut loss price has resulted in holding on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The last time I watched a musical was years ago. I think it was Phantom of the Opera. Well, now, there is a new musical coming to town, Girl Talk! Girl Talk follows three radio DJs: the eccentric Barbara, the rambunctious sexpert Dr. Laura and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

LMIR's unit price has been slowly and steadily climbing higher and this is netting me some handsome capital gains on the rights units from nil paid rights purchased not too long ago. Remember I mentioned that LMIR was too cheap to sell? I still... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

(Posted Singapore time, Thursday 120 am) As you probably know, the S&P is forming a Golden Cross lately. This is where the 50 days moving average passes through (up) the 200 days moving average. To most technicians, it would be a bullish signal for the US markets! Or is the S&P forming a doji? The market is there always. Be patient and wait up till US nonfarm payrolls registers on Friday. In

By Mr. Propwise From the URA’s recent release of the 4Q2011 private residential property index, property price increases in Singapore have almost screeched to a halt. Prices were up just 0.2% in 4Q2011 on a quarter-on-quarter basis and 5.9% on a year-on-year basis. At the current levels the price index is 16.2% above the previous [...]

“Brendan offers a very simple course that takes a little time to set up and then can be traded with only a few minutes each day. The ideas make a lot of sense and have been profitable for me after … Continue reading →

On 01/Feb, Singapore shares ended lower as data on Chinese manufacturing activity led to expectations Beijing may not ease its monetary policy. STI ended higher at 2904.76 (0.1%) with HIGH VOL of 3.02 billion shares traded compared with 3.16 billion shares Tuesday. In the broader market, gainers outnumbered losers 222 to 217. STI had a choppy trading session today and finally close lower on profit taking. Headline in STI After market close SMRT Corporation Ltd plan to invest $195 million to replace the signaling system on the North-South East-West (NSEW) Lines. The replacement work covers more than 100 km of tracks on the NSEW Lines. Overseas Union Enterprise Ltd. (LJ3.SG) priced a ...

While I knew a lot of public was watching GMG and looking after to chase this stock, I for one knew what would be the final destination for GMG. I would say I knew that like weeks back and I had been telling my close friends about it, of course that includes Jack, YH, kwek and Jason. Today when the market opened in the morning, a lot of public dare not chase and when price ran up further, most were chasing so when it reached 0.155 and stop moving, most public were disappointed and I saw some were cut losses.Like yesterday when I spotted it's readiness to move, I knew how it would end and the mind games the BBs was playing. http://stockmarketmindgames.blogspot.com/2012/02/sti-pennies-break...

2012 started off with a bang in January. STI powered ahead to above 2900 points on high volume. High beta stocks and penny stocks finally had their day in the field. It seems that investors had already forgotten those issues that we had in 2011.For this month, I have attended the following AGMs/EGMs - L-Jacob, Lafe Corp, WBL Corp, HG Metal, Japan Land, Etika and Tye Soon.KepLand re-entered my top 30 holdings list this month, due to price appreciation. Investors are happy with the special dividend being declared after they sold Ocean Financial Centre to K-REIT. Hong Leong Finance is a new entry to my top 30 list this month as I accumulated the stock on price weakness.I have bought the ...

CIMB maintains its outperform call on CDL Hospitality Trust. This is based on its distributions per unit meeting the forecasts.  It is also expected that tourist numbers will continue to grow and this will in turn keep occupancy rates high.  In Singapore, the only other REIT that is perhaps similar in nature will be Ascott Residence Trust  which operates serviced apartments in Asia and beyond.  So both CDL Hospitality Trust and Ascott Residence Trust are deemed to be in the hospitality sector. While industrial, retail or office REITs are fairly common, hospitality REITs seem slightly different.  Both Ascott Residence Trust and CDL Hospitality Trust are also perhaps unique in a certain sen...

On 19 January, I mentioned that if sentiments remain bullish, we could possibly see resistance at $1.02 for the REIT's unit price tested. My overnight sell orders at $1.015 and $1.02 were filled today. Could the REIT's unit price push higher? It... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

First REIT never did test 80c after it went CD. The highest it touched was 78.5c. This morning, after it went XD, its unit price declined to a low of 76c. I made a decision to divest units which I accumulated at 76.5c and 77c earlier last month... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Andy Ong reveals his secrets to making millions and shares real strategies used by successful investors. Andy started with $10,000 and grew his property portfolio to $250 million in value. In this FREE seminar he will share how to invest in properties with limited capital, how to identify the right property assets to target, his [...]

Unit price of Cambridge Industrial Trust has been creeping upwards, probably in anticipation of the Trust going CD. Total assets under management exceed $1b with recent revaluation of properties. This resulted in a lower gearing level apart from... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

DBS Savings Account Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates thus today we present DBS Savings Account for your interest. For DBS savings account today, we review the DBS eSavings Plus account iin Singapore this 2012. DBS savings account Singapore rates are shown for your information about financial investments in Singapore. It

 Well, I can only say the market is answering to all my prayers. When I say pennies is ready, it means it is ready, no blue chips. Moreover I made this pennies call like way before it broke out today. I told my friend about gmg readiness to breakout at 2:16pm today and indeed we saw one. However, what I was more interested is I spotted gmg way before any breakouts happened today.http://stockmarketmindgames.blogspot.com/2012/01/sti-pennies.html Was I faster than most gurus/analysts? I believe so. I think I spotted pennies like even before Jan 27th 2012.http://stockmarketmindgames.blogspot.com/2011/12/sti-penny-stocks.htmlhttp://stockmarketmindgames.blogspot.com/2011/12/sti-penny-stocks-2.h...

Residential Strong sales at Watertown project in Punggol 215 of the 596 released units at 99-year leasehold 992-unit Watertown project was sold over the Chinese New Year long weekend, bringing the total number of units sold to slightly above 500. The units sold so far have a price range of $980 to $1,500 psf and [...]

A reader mentioned that Sabana REIT's unit price has weakened to 88c after going XD. A further weakening in price could be an opportunity to accumulate. I have the same thought. After all, I divested a small portion of my investment in the REIT at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Recently I was interviewed by Alvin from http://www.bigfatpurse.com/. Alvin is also the author of Secrets of Singapore Trading Gurus. Click here to read the transcript of the interview.

The year 2012 started with most of the analysts predicting that the economy would not do well and the market continue its downtrend. But the market did very well in January. Though the European crisis still has not see its end, some positive news from US lifted the market. STI rose 260 points (almost 10%) in the month to end above 2906. My portfolio rose slightly less, only 7.5% this month. I did not do very much in share market this month. That was because I use some cash to buy into 2 bond fund and participated in the CMA Bond IPO. These actions drained my cash position so I did not buy any share this month. I received S$365 in dividend this month. going forward, I will focus on blue ch...

On 11 Jan 2012 we had informed our subscribers / students to buy ResMed Inc (stock code is RMD) at $25.94. This stock is trading at NYSE. As of today 30 Jan 2012 RMD is trading at 29.29. This stock … Continue reading →

http://www.phillipcfd.com/education/cfd-trading-seminars/trade-with-confidence-with-mike-bellafiore/Ever wanted to know what it takes to be a successful trader?  How to profit from Chart Patterns and what techniques to apply to short term trading?  PhillipCapital’s top tier remisier and one of Phillip CFD’s top traders, Robin Ho, answered these questions and more during his seminar on 22nd October 2011.  Drawing on his many years of experience as a trader, Ho shared with the audience how the current market situation is meant more for mid to short term trading rather than long term investments.  To add, the increased volatility may be due to the proliferation of auto or algorithmic trading...

On yesterday's blog, I said that there is going to be selling happening and indeed we witnessed one. http://stockmarketmindgames.blogspot.com/2012/01/sti-nullifying-excitement.htmlOne can short and make money out of it but as for me, I prefer to wait because I knew it's not the time to short for the big money yet. Although yesterday the market went south, yet there was still stocks like Yoma, Chinataisan and IEV which brokeout. One must be wondering why in a weak market where selling was happening, stocks were still able to rebound. This had to do with the BBs agenda and what they were trying to achieve in this breakout. Of course, I was still longed in pennies.At 4.08pm yesterday afterno...

Below is a testimony posted by one of our students who had just attended our Learn Forex program: “Brendan’s system is a simple, clear, and concise system. Easy to learn and understand. His course fees are certainly not expensive – … Continue reading →

In this week’s issue: Singapore Property News This Week Property Prices at a Turning Point Resale Property Transactions (January 7 – January 13) Happy reading! To wisdom and beyond, Mr. Propwise Singapore Property Weekly Issue 36

Year 2011 was a very volatile year. Topping in Q2 2011 and then falling in Q3. Global equity markets reversed in 2011 Oct and kept on climbing. That’s when I started to speculate that we’re out of the bear market. Though the market was volatile, I mentioned the markets were trending North despite the volatility. Bottoms were made at 10,400 and 11,250. Who would know where the Dow would meet

The market is showing some strength. It will turn up from here now I believe. I am still cautious, but I am bullish on some pennies.UPDATE 31/1/2012 5:32AM. STI indeed showed strength and rebounded a little.Ronald K - Market Psychologist - The Big Speculator

Last Friday's last minute rushing up of prices was one of the oldest tricks the BBs managed to pull off to trick the public into buying. I longed too however I was cautious on the stocks I selected. I did not long any blue chips as I am mindful of any upcoming traps if any. Today, we shall expect some selling in the morning, which might force some bulls to panic and liquidate. Whatever it is, I will react accordingly to the situation.UPDATE 31/1/2012 5:30AM.We indeed witnessed selling from the entire session.Ronald K - Market Psychologist - The Big Speculator

iSAVvy Singapore Savings Account Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting iSAVvy Singapore Savings Account today. iSAVvy Singapore Savings Account Details: Daily balance below S$5,000 = 0.1875% p.a. Daily balance of S$5,000 to below S$50,000 = 0.30% p.a. Daily balance of S$50,000 and above = 0.38%

Based on First REIT's dividend history - for 2011, a total of 7.01 cents was paid out per share for 2011.  Based on the closing price of $0.77, First REIT has a yield of 9.104%. This is quite a high yield and can probably be explained by a number of reasons.  I have listed some of the reasons why I think First REIT has such a high yield. Deemed to be riskierProperty mainly located in IndonesiaDifficult to find yield accretive acquisitionsHospital sector play deemed higher risk?Long term leases means rental income might not increase by muchInvestors not familiar with its sponsor Lippo which is relatively unheard of in Singapore (compared to names like Capitaland)People foresee that distrib...

Capitaland's share price touched a high of $2.66 and closed at $2.65. Remember that I mentioned that in very bullish circumstances we could see $2.65 or even $2.75 tested? This is still valid. I did a partial divestment at $2.65 today. If the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Thanks for all the wonderful emails that you guys sent me. Ya'll won't regret on this upcoming seminar I am holding. I am collating emails to get a rough estimate of how many people are coming so I can arrange the necessary logistics. The dates are confirmed and it shall be in Feb. Watch my blog everyday until the day I post. Kindly register asap once you see I post because from the emails I am getting everyday, it's a huge list. Please continue to send me emails to let me know you are coming, so I can try my best to arrange enough seats. If you are bringing a friend, send me his/her names/emails.Follow the below instructions and continue to send emails to stockmarketmindgames@gmail.comIf...

It's time to shift focus and attention again to the pennies. I am looking to long at pullbacks if any.Ronald K - Market Psychologist - The Big Speculator

First REIT has just declared its distribution for 4Q2011 at 1.93 cents per unit that will be payable on 29 Feb 2011.  First REIT's dividend or distribution history for the past few years are as follows:20091Q - 1.88cents2Q - 1.92 cents3Q - 1.90 cents4Q - 1.92 cents20101Q - 1.90cents2Q - 1.92 cents3Q - 1.94 cents4Q - 1.96 cents  (including rights issue, otherwise 0.87 cents)20111Q - 1.58cents2Q - 1.58 cents3Q - 1.92 cents4Q - 1.93 centThe distribution for 4Q 2011 includes distribution coming out of portion of the gains on divestment of the Adam Road property in 1Q 2011.As of Jan 2012, First REIT has a total of 5 hospital properties in Indonesia, 1 hotel and country club in Indonesia, 3 nur...

DPU for 4Q 2011 is 1.93c which is another bumper distribution! The REIT will go XD on 1 February and the income distribution is payable on 29 February. This includes distribution coming out of a portion of the total gains on divestment of the Adam... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

What a turnaround surprise it was yesterday. The market was in a one way rocket and broke many so called "resistance" levels that many people called it. I for one never watch support and resistance, because they are simply just an old indicator which many people use. If it is so great, then the market should have reacted. Like a down fall, the market will break all support and in a bull market the market will penetrate all resistance.Before reaching the targeted level for STI, I already had a target level where the BBs will put out shorts and take profits. I had shared that with my students and I will share it during my seminar. And I believe that level shall be the top for STI where the ...

Spoken to a few people recently, they had sparked my interest in option trading again. One of them is the COO of Tactical Trading Academy, his passion has always been in option trading. Next is a retired CEO of a … Continue reading →

Anyone who made use of LMIR's rights issue to accumulate more units would be in the money now. I see immediate resistance for LMIR's unit price at 38c and put in an overnight sell order for a partial divestment. It was filled today as unit price... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

By Mr. Propwise It’s still early days, but in this article we look at the early impact of the ABSD on sales in December 2011, and also some clarifications by the tax authorities on the finer details of whom it applies to. Clearer guidelines on ABSD With the revision of the e-Tax Guide by Inland [...]

In an earlier blog post, I mentioned that immediate resistance for Sabana REIT is to be found at 91c. If this were to be taken out, we could see gap filling at 91.5c. My sell order at 91c was filled today. Technically, if unit price should weaken... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

A real estate investment trust, or REIT, is an investment vehicle for companies that invest in real estate. This designation allows it to reduce the level of corporate tax that it pays or perhaps even eliminate those taxes completely.To retain their special tax status, a REIT should be able to satisfy four tests every single year:1, A REIT should distribute 90% of its annual taxable income back to the investors in the REIT.2. Invests at least 75% of the assets in real estate, mortgage loans or shares in other REITs.3. At least 75% of the gross income should come from property rents, mortgage interest or property sales.4. Ownership of the REIT consists of at least 100 shareholders and the ...

I am neither buying nor selling at the moment. I am watching vigilantly until I see an indication of a major move. There is no expectation, no confirmation, just probabilities. I shall wait patiently.Ronald K - Market Psychologist - The Big Speculator

Happy Chinese New Year to all our Chinese readers! Our open positions show that we are currently sitting on USD7,507.90 profit: Tactical Trading Academy uses technical analysis to recognize these patterns and look for potential exhaustive and bottoming inflection points. … Continue reading →

Residential First-timers have high chances of getting BTO flats The first-time application rates for Build To Order (BTO) flats launched in January this year is 1.5, close to 1.6 in the November BTO, meaning that most will likely get to choose a flat from the 4,000 units available in this January launch. For second-timers, the [...]

We have our own circumstances which make demands on our finances, time and energy. Often, we hear people saying that they do not have enough money, time or energy to do all the things they have to do or want to do. How do we work towards having the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

For Sale Soho@Central, #09- ,soho1/w loft/635sf/vacant/mgt fee $975/quart/ask $2280psf/avail for rent 5.5$K(neg). Call S.Ganesh 91732881 for viewing! Off@Central,#19-/3246sf(apx),tnted/rent 25k/maint $2,268pm/ask $2950psf neg. View of Marina Bay Sands. Call S.Ganesh 91732881 for viewing! For Rent Luma/New/1153sf/3br+balcony/8F/rent $5,500(low asking)/partial/nego/also avail for sale $2000psf neg/Call S.Ganesh 91732881 for viewing!   Attention Agents & Owners Want to get your [...]

In this week’s issue: Singapore Property News This Week Additional Buyer’s Stamp Duty – Clarifications and Initial Impact Resale Property Transactions (December 31 – January 6) Singapore Property Classifieds #24 Happy reading! To wisdom and beyond, Mr. Propwise Singapore Property Weekly Issue 35

XAGUSD is trading in an uptrend. (XAG is the symbol for silver, XAG is considered as a fx pair as well) Buy XAGUSD at 30.45 Stop level at 25.70 Target level at 38.00 Kindly note that all our trade postings … Continue reading →

Happy Lunar New Year From all staff at Singapore Savings Account Rates, we wish all readers a Happy Lunar New Year 2012! Enjoy your seasonal holidays! We hope you discover bank account rates of interest to you. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore. The Team Singapore

Lucky 4D number: 2301HUAT AH! Photo taken in a shrine on the island of Enoshima, Japan. See blog post: here. What's your Chinese astrology sign? How will each sign do in the Year of the Dragon? Part 1 Part 2 I like this song. It has a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Accurate as of 21 Jan 2012 Initial Net Asset Value: $10.00 Net Asset Value as of  Jan 21 2012: $10.79 Hypothetical Growth of $10,000 invested since September 2011 (NAV at September 2011 was $9.71) * A total return index is an index that measures the performance of a group of components by assuming that all cash [...]

As investors, it’s easy to get caught up in the hysteria and follow the herd. And yet, to earn a return that is excess of the market’s requires us to act against conventional wisdom. Markets are whimsical and it is my firm belief that it should never replace independent thought, especially when it comes to [...]

A DPU of 2.17c has been announced. This is a little lesser than my estimate of 2.2c. This is probably due to the fact that no rentals were collected for the property of 1 Tuas Avenue 4 in the months of November and December 2011. The manager is in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I am out of all my positions regardless of shorts or long. Some profits some losses, but doesn't matter because I love speculation not money. The losses I have I shall take it as an enlightment and experience gained, the profits, I will donate some. It's going to be a long weekend so when market opens next Wednesday, many unexpected things can happen. Money in pocket for me first.I received a lot of emails for my seminar. For those who had already sent me emails, I had already taken notice of your names. For those who are interested and haven't sent me email, you are welcome to do so. I will share some stuff that will not be seen or taught by any instructors in the market. It's proprietar...

AIMS AMP Capital Industrial REIT delivered a solid set of results with DPU at 2.6c. This is a 4% increase over the previous quarter. As I was expecting a DPU of 2.5c with a possibility of a small reduction, this is good news indeed. It will go XD... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

(Posted 1040am Friday) In my previous post on global equity performance, the median on the average is (slightly above) a loss of 20% with the best performer Indonesia at -0.7% and the weakest performer Greece at -50.31%. As for my (Asset Under Management) AUM for Year 2011, the median is -2.32% with the best performer at 3.85% and the weakest performer at -12.35%. 67% of investors had less than

Mr. Market is showing displeasure with FSL Trust's decision to reduce quarterly DPU from 0.95c to 0.1c. Its price has plunged more than 20% from the closing of 30c yesterday to 23c when I last looked. Assuming an exchange rate of US$1 to S$1.30,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

By Calvin Yeo (reproduced with permission from his blog www.investinpassiveincome.com) A constantly debated topic in Real Estate has always been whether one should buy completed or under development properties. The answer is: it depends on your need and situation. I for one have done both and I would like to share my experience. Frankly, I [...]

Suntec REIT was reported to be selling Chijmes for $177mil, 23% over its valuation price to PRE 8 Investments late last year.  Chijmes only contributes to a small percentage of Suntec REIT's net property income and accounts for only 2.3% of its entire portfolio which comprises Suntec City, Park Mall and a one-third stake in One Raffles Quay and Marina Bay Financial Centre Phase 1.  Suntec REIT bought Chijmes for $128mil in 2005.  Some have said that it makes sense for Suntec REIT to have divested Chijmes since Chijmes being a conservation property might have been challenging to be enhanced as an asset in a manner that will increase its rental yield.Asset Enhancement InitiativeAt the same ...

The year ALL stock markets failed to deliver as of Dec 15th 2011. Correction made for date to December 15th 2011 on Jan 15th 2012. The following is an extract from a UK financial website “This is Money”. The best performer is Indonesia followed by Philippines, Thailand, US and Malaysia, out of which, 4 out of 5 comes from South East Asia! Singapore was -22%. There’s no prize

On Jan 16th 2012, I told one of my friend I longed Mewah because I saw heavy BBs buying. On 17th 2012, I smsed and alerted Robin about Mewah readiness to breakout soon. On 18th 2012, I emailed another friend of mine and told him Mewah will breakout today if Dow was green last night. And so today did we see a breakout in Mewah today? Of yes we did, if one read my post this morning, he/she would have made it. http://stockmarketmindgames.blogspot.com/2012/01/sti-panic-again.htmlI was sneakily dissecting the BBs' move in Mewah for this long waited breakout today. Although the closing was not strong, but I still made profits. From here on, I know what's the next move the BBs are planning ahead...

Cache Logistics Trust announced a good set of results. Its recent acquisitions pushed distributable income upwards by some 9.2% while DPU increased to 2.1c. Annualised, distribution yield is 8.48% with unit price at 99c. Net gearing: 29.6%. NAV... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Just two days ago, on 17 January, I said that I see resistance at $2.48. I got this from the weekly chart as that was resistance provided by the declining 20wMA and the 138.2% Fibo line. So, I put in an overnight sell order at $2.48 and it was... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The smarter you are, the more stock you probably own, according to researchers who say they found a direct link between IQ and equity market participation. Intelligence, as measured by tests given to 158,044 Finnish soldiers over 19 years, outweighed … Continue reading →

Tomorrow will see the release of quarterly results for AIMS AMP Capital Industrial REIT. As if in anticipation of a good set of numbers, its unit price pushed higher today on higher volume, closing at $1.00. Last month, I accumulated units of the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I blogged about how a loaf of bread could last me for days before. I like raisin bread the most and would usually buy when there is a special deal. Gardenia's raisin bread had a special deal going for a while but ended a couple of weeks ago. On... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Watch Noble, I am not that bullish on this stock anymore.UPDATE 20/1/2012 10:02AM. Noble came down accordingly, however I cut a small loss.Ronald K - Market Psychologist - The Big Speculator

On 6 Dec 2011 we had informed my students to buy Harris Corp at $36.40. According to our calculation, this stock is deeply undervalued. Current price of Harris Corp is at $39.12, up 8% from our entry price. Please note … Continue reading →

When I started blogging that financial markets were heading for a downturn at end of Q2 2011, most of you were thinking, there’s Chicken Little. Again, when I started posting ‘Are we out of the bear market’ most of you said there’s Chicken Little again. In one of my previous posts, I mentioned that every dip is an opportunity. There’s Chicken Little again. Other Chicken Little predictions: Gold

While there was a distribution going on yesterday and I took most of my profits. I did mentioned that I did not take profit for one counter and I am riding it. http://stockmarketmindgames.blogspot.com/2012/01/sti-afternoon-selloff.htm So was yesterday a panic again? Well, I believe so but I wasn't afraid or wasn't even panic at all because I knew the market would trend up today or I would not leave my biggest punt in my account at 1000 lots open without a stop loss. As for which counter, you guys can make a guess.  Today, those who cut loss will feel disappointed because of the loss of unnecessary money. I had my game plan today and I will be watching Mewah and Artivision. Those shall be ...

Residential Freehold Royalville and Ming Arcade up for sale again, with lower asking prices 174,176 sq ft residential Royalville located on Bukit Timah Road is asking $320 million to $370 million, lower than its earlier asking price of $370 million to $400 million. This is about $1,312 psf ppr, or $1,197 psf ppr if it [...]

I was reading some FB posts and one of them caught my attention. When I read it, it made me think of what happened in the past when I was losing money. I was punting the market based on someone's calls. It was the worst experience in my life as I did not use my brain at all instead I was relying on someone else's call. Well, I will always remember it because it taught me a painful lesson with the amount of money lost. It caused me malaise and sleepless night.Although I do give tips to personal friends but it shall never happen in my blog. Personally, I don't want to cause anyone to lose money or have sleepless night. As everyone is different in their trading styles and have different time...

I have been entering overnight sell orders for ARA at $1.30 since early this month. $1.30 was the price I last sold some ARA at. As I noticed some strength in the upward movement in price, I also put in a sell order at $1.32 last night. Both sell... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

While STI did not act according to what I speculated. But that's ok. Because I am out of most of my positions except for one. Those who emailed me on the Cosco/Yangzijiang post benefited because I hinted them of an upcoming distribution. Well, if one managed to grasp it, you shall be rewarded. I will and never give tips to the public unless you are my personal friend. You shall have to read between the fine lines and digest the clue. It doesn't matter if the market tank tomorrow or continue its uptrend, because I protected my profits and will decide my game plan tomorrow.Ronald K - Market Psychologist - The Big Speculator

I received an SMS earlier in the morning before Cosco and Yangzijiang ran. I told my friend to watch Cosco and Yangzijiang before the run up you see now. He asked me if NOL is still possible to buy, I said watch Cosco and Yangzijiang instead of buying NOL. Compare NOL's run up today vs Cosco/Yangzijiang, you shall see Cosco/Yangzijiang is a better choice because it ran further. The question is why Cosco/Yangzijiang and not NOL today? Interested parties can sms me. I hope those who read my post earlier this morning are in the money now. There were indeed mini selling in the morning and thereafter the K Turn once again inject cash into my pocket. Good luck to ya'll.UPDATE 18/1/2012 5:05PM.I...

Today, I believe in the morning, we shall experienced some mini selling first before we trend higher. I am protecting my profits on certain stocks and continue to watch for the K turn once the selling is over. I could be wrong, but this is my game plan today. If it doesn't happen according to what I predict, I shall decide fast and move on.Ronald K - Market Psychologist - The Big Speculator

We shall see a rebound today. Was yesterday a panic? To some stock it was and I had already loaded some. Some others were very resilient and some were very weak. When I saw force selling yesterday, it became more obvious what the BBs were trying to achieve. I don't back test data but I speculate and look into the future.Jack, it was great you loaded some stocks yesterday too!! Let's watch the show later.UPDATE 17/1/2012 9:16PM.  I was on leave today because I knew a rebound will happen today. So after placing my trades yesterday, I was out on shopping spree today. I didn't really watch any charts except answering a few comments/emails. So did we witness a rebound, oh yea we did. I am glad...

Watch NOL, I believe enough panic was created to scare the public off. From the charts, most public had already taken profits and some were already forced to sell.Ronald K - Market Psychologist - The Big Speculator

2012 Best Senior Citizens Savings Account Rates Which bank do you know offers the 2012 best senior citizens savings account rates? How high are the 2012 best senior citizens savings account rates offered by commercial banks in Singapore? What are the latest 2012 best senior citizens savings account rates in Singapore? At Singapore Savings Account Rates, we picked the 2012 best senior citizens

On 9 Nov 11 we had informed our students to buy TEVA at $41.12. This stock is listed in Nasdaq. Do take note that you do not need to buy US stock in multiples of 1000. Teva Pharmaceutical is now … Continue reading →

With the economy down and unemployment high, more and more people are going back to college – starting degrees, finishing studies, learning new skills. The thing is that given the high cost of college education and more stringent lending many … Continue reading →

QE = Quantitative Easing. Add this to 100 bookmarks Share this on Bebo Submit this to Bitacoras Share this on Blinklist Engage with this article! Blog this on Blogger Mark this on BlogMarks Share this on BobrDobr Add this to BonzoBox Subscribe to the comments for this post? Post this to Current Share this on [...]

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WSJ Ahead of the Tape columnist Kelly Evans joins Mean Street host Evan Newmark to look at earnings season, about to kick off with the traditional initial announcement from Alcoa. Add this to 100 bookmarks Share this on Bebo Submit this to Bitacoras Share this on Blinklist Engage with this article! Blog this on Blogger [...]

2012 Best Singapore Special Savings Account Rates Welcome to 2012. Welcome to Singapore Savings Account Rates. We share with you the 2012 best Singapore Special savings account rates in Singapore this January 2012. The 2012 best Singapore Special savings account rates are provided by the nation's number 1 savings bank (also known as Our Government). Yes, we are talking about the Central

Article from The Edge (Singapore) Dec 26th. Short points:Petra accounts for 11% of worlds cocoa grinding capacity, fourth after ADM and Cargill (14% each) and Barry Callebaut (12%)In Petra's Indonseia market, they sold cheap chocolates. The Top Wafer bar comntains 12% cocoa powder, while normal chocolate contains 30% chocolate butter. They used wafer instead, and did everything possible to bring the price to IDR500 (7c).Worldwide, chocolate companies are vertically de-segregating. Nestle focuses on consumer brands. Barry Callebaut is the largest chocolate maker in the world - has economies of scale.Analysts (on cocoa grinding): Petra is a small player in Europe, may lack necessary e...

Article from The Edge (Singapore), Dec 26 2011.Eu Yan SangInterview with Richard Eu:As of Sept 11, EYS has 189 stores in SG, M'sia, HK, Macau and China. Also sells products to supermarkets and convenience stores. 23 TCM clinics in SG/M'sia, and 2 integrative clinics in HK.Growth can no longer be dependent on further expansion in the TCM space alone, will hit saturation at some point. In the company's early years, growth was 20%... "Now our growth rate is slowing down...How do get into another phase of growth where you can look at 15 to 20% growth? Thats why we have to go beyond TCM."Plans to acquire a stable of brands to move into the natural wellness space (eg: detox, organic)EYS st...

OCBC maintained its BUY position on Lippo Malls Indo Retail Trust (LMIR) with a $0.45 fair value on it.  They believe that LMIR trust is in a comfortable position for further growth as the gearing remains low.  Aggregate leverage is still expected to be around 10% post acquisition giving it quite a bit of headroom for taking on further debt to fuel future acquisitions if necessary.  LMIR trust has also refinanced its bank borrowings that were due 26 Mar.  There are no immediate refinancing requirements over the next year. Other comments about it as follows:Demand for retail malls/spaces remains strong...OCBC remain positive on Lippo Malls Indonesia Retail Trust’s (LMIRT) financial perform...

We are the few forex educators who post our trades publicly. As you can see below, we do not have 100% success rate but we have more wins than losses. Hence this shows that we have a proven strategy. If … Continue reading →

158 pips gain was generated for the month of December 2011. 2 trades were executed: 2 trades won and 0 trade lost. Here are the details of my trades: 1. AUDUSD: 86 Pips Profit Previously we had bought AUDUSD at … Continue reading →

Few years ago I had worked as an investment manager in a hedge fund. Very often I have heard of acquaintances and friends telling me that they aspire to work as a hedge fund manager. And they ask me how … Continue reading →

This article is contributed by Bullion Vault.   The Eurozone crisis may be several thousand miles away in geographical terms, but when we account for the globalised financial markets this is vast distance may not be enough to shield us from the problems in Europe. The size of the economies of the Eurozone, the importance of [...]

Straits Time Index (STI) is the cheapest stock index base on PE ratio. Add this to 100 bookmarks Share this on Bebo Submit this to Bitacoras Share this on Blinklist Engage with this article! Blog this on Blogger Mark this on BlogMarks Share this on BobrDobr Add this to BonzoBox Subscribe to the comments for [...]

December has been a quiet month for stock market as many are on holiday. the usual Christmas rally didn't happen, and ST index dropped another 2% in the month to end at 2646. My portfolio value dropped 1.9% in the same period, almost in line with STI.The Straits Time said on weekend that the stock market fell 17% for the whole year of 2011. My portfolio did slightly better, cushioned by the dividend income. I did not do much in the month. I Topped up SGX and AscendasReit towards the end of the month when their prices dropped. I received S$6,700 of dividend this month. Total dividend received exceeded my target of S$50K, but since the porfolio value dropped more than that, the net return w...

Compare 2012 Singapore Bank Savings Interest Rates Hello 2012! To start off January 2012, let us compare 2012 Singapore bank savings interest rates of DBS bank, OCBC bank and UOB bank. These are the top local big banks in Singapore that we want to compare 2012 Singapore bank savings interest rates. Welcome to 2012 Singapore Savings Account Rates. We are passionate about Singapore savings

2012 is predicted to be another tough year from analysts. Euro zone problems, US weak economy, China issues etc. But as readers might have noted at the start of 2011, analysts were predicting that the markets will continue to run ahead and the outlook was good then.Therefore, do take those predictions as a pinch of salt. Yes, there were issues yet to be solved but that is where you can buy cheap from the market. Do not be afraid to buy when things doesn't look good. The key is to spread your investments and don't commit all in one go. Also, do remember to diversify your assets.What will be my investment strategy for 2012? Well, they can summarized as below:1. Continue to seek value. Value...

2012 Best Savings Account Rates in Singapore Happy 2012 New Year! Welcome to Singapore Savings Account Rates. We plan to bring you the 2012 best savings account rates in Singapore in the year 2012 and beyond. We are passionate about finding the 2012 best savings account rates in Singapore and presenting 2012 best savings account rates in Singapore to you. We are glad that many of you have

Fortune REIT is looking to acquire two retail properties in Hong Kong for a total consideration of HK$1.9bil (S$319mil) that will bring its gross rentable area up by 23 per cent. Belvedere Garden Property comes with a price tag of HK$1.25bil, while Provident Centre Property costs HK$650mil. They will increase the gross rentable area of Fortune Reit's retail portolio by some 23% to 2.4mil sq.The total consideration to be paid of HK$1.9bil is below the respective valuations (as at Sept 30, 2011) of HK$1.98bil and HK$2.02bil by independent valuers Knight Frank and Savills. It expects the purchases to be yield‐accretive. Fortune will have to pay HK$49mil in fees and expenses for the acquisiti...

December 2011 was another quiet month. Trading volume was also miserably low as most investors are having their year-end holiday. STI lost further ground to finish the year at below 2650 points.For this month, I have attended the following AGMs/EGMs - SPH, Global Investments, Mirach Energy, Hoe Leong, Unified Communications, Pacific Shipping Trust, Latitude Tree, Armarda, NEL, Asia Water, Miyoshi and Beyonics. It was an emotional farewell at the scheme meeting as Beyonics shareholders bid farewell to Mr Chay and his fellow board of directors after scheme had been approved. There was drama at Miyoshi AGM as the resolution for directors' fee had been defeated by poll.There are not much cha...

Happy 2012 New Year From all staff at Singapore Savings Account Rates, we wish all readers a Happy 2012 New Year! We hope you discover bank account rates of interest to you in 2012. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore. The TeamSingapore Savings Account Rates.

2011 will always be a year that I remember and it is a milestone in my investing journey. It is the year where I morphed from an employee to a full-time private investor. How time flies! I had been a fruitful few months since I started doing full-time investing. Initially, there were some sceptics out there who doubted my decision. Some said that I was "silly" to give up my job for the uncertain world of investment. Some declared that I did it on impulse and will not last more than two months. Some said that I was too young to "retire" and should continue working.Despite all the above critics, I pushed on and stayed firm on my decision. I enjoyed investing and it was not a big unknown to ...

Well at least the end of the month is quite nice.

This mystery bidder that is going head on with Boer Power for all of SMB United's issued shares has been revealed.  It is Tokyo listed Osaki Electric Co.  Osaki Electric Co has an offer price that is 25 per cent more than the hostile bid put in by the Hong Kong listed Boer Power.  This puts Osaki's offer for SMB United at 40 cents per share versus Boer Power's bid of 32 cents.  SMB United last traded price before trading was halted stood at 36.5 cents.The offer is conditional on Osaki securing more than 50% of SMB.  It has also already secured support from a group of shareholders including the directors of SMB, who together own 37.4% of the company.  Osaki has no intention to keep the lis...

US fund manager, the Capital Group, has ceased to be a substantial unit holder of Ascendas India with the sale of some 8,131,000 units on 23 Dec 2011 while the REIT was trading around 69-70 cents.  The US fund manager has been selling since Sep 2011 and probably explains the REIT's share price which has dropped from 90 cents since Sep 2011. One possibility is the outlook for the Indian economy and currency.  Lim and Tan Securities expects the REIT to remain at current levels while the Capital Group continues to sell its remaining balance of 36.8 mil units or 4.79% of the overall shareholdings.Ascendas India Trust closed at S$0.695 yesterday.

SembCorp Utilities and Hyflux are among 16 companies that are contending for a license to develop, own, finance and operate an US$350-400 million  independent water project (IWP) in Oman.  This is according to news reports from Oman. An increase in population as well as the decommissioning of older desalination plants makes it necessary to meet demands to alleviate the predicted shortfall.  Due to urgent demand for water, the qualification stage for this project will be skipped.  This will be the 2nd IWP to be developed in Oman and will take place over 2 phases with Phase 1 to be completed by May 2013 and Phase 2 by Apr 2014. SembCorp is actually developing the US$1 billion Salalah IWPP (...

Phillip Securities maintained its Buy Call on SATS with the same target price of S$2.96.  This is based on SATS' winning bid to operate the new Singapore International Cruise Terminal at Marina South through the consortium Creuers del Port de Barcelona.  The Singapore International Cruise Terminal is scheduled to be completed soon by end 2011 and works started in 2009. The 28,000 sqm terminal is one of the largest in Asia and is able to handle 6,800 passengers at one time with the ability to also host the world's largest Oasis-class cruisers.With the winning bid, SATS is expected to expand its hospitality business and develop synergies with its existing airport ground handling operations....

Previously we had bought AUDUSD at 0.9985. AUDUSD looks weak. Closed AUDUSD at 1.0071, profit is 86 pips. Original trade: Buy AUDUSD at 0.9985 Stop level at 0.9600 Target level at 1.0500

As a value investor, looking to buy solid, undervalued stocks when the markets go into a tailspin, these are the things I avoid.TechnologyBuilding a sustainable competitive advantage is meaningless in the tech sector, where industries quickly change to become unrecognizable. So I would not buy technology stocks based on low valuations or high market share (e.g.: Microsoft and Cisco today, Nokia several years ago). If I was to buy tech, it would be as part of a growth strategy: in a bull market, with a stock at all times high, with growing sales and their new products that are changing the world....just remember to leave once the party is over: today's hot product is tomorrow's junk....I...

Support level formed around 0.9700 to 0.9800. Buy AUDUSD at 0.9985 Stop level at 0.9600 Target level at 1.050o Kindly note that all the trade signals in this website are delayed. Only our students and subscribers will receive them on … Continue reading →

Merry Christmas To everyone out there, Merry Christmas to you and all at home. May the spirit of Christmas bring to you Family love Peace and Joy. May also the spirit of Christmas bring Less Earthquake (tsunami) Better economic data Less global tension A resolution to European sovereign debts and Global growth. Again, Merry Christmas to all. Take care and lots of blessed love. Patrick SEE

Specified Investment Products What are Specified Investment Products? What rates of return can you expect from investing in Specified Investment Products rather than a Singapore savings account? Are the earnings higher with Specified Investment Products investments compared with fixed deposit rates? Are the risks higher for Specified Investment Products when you compare them to savings

Thanks Kevin for your valuable insights and kudos to finishing the marathon! This yr is my first full marathon too!!

I was very lucky to meet a good friend of mine, Daryl Chia, for tea to pick his mind and share ideas. He’s a very talented and hardworking investor who was featured in the Business Times. You can check out his site here. You can expect great things to come from him in the future. [...]

Yangzijiang is trading within a Symmetrical Triangle. Watch out for a breakout. Add this to 100 bookmarks Share this on Bebo Submit this to Bitacoras Share this on Blinklist Engage with this article! Blog this on Blogger Mark this on BlogMarks Share this on BobrDobr Add this to BonzoBox Subscribe to the comments for this [...]

There are many trading educators out there. How many trading educators have exactly make good trading profits in this bear market? We do not know because they do not even post their trading statements. We heard of many hedge funds … Continue reading →

I need to remind myself all the outstanding company warrants that are expiring in 2011 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.INFORMAT W110107, Expiry Date: 7 Jan 2011, Exercise price = $0.05, Conversion ratio 1:1 - Warrants exercised and converted to shares.BUKITSEMW110408, Expiry Date: 8 Apr 2011, Exercise price = $2.30, Conversion ratio 1:1 - Warrants exercised and converted to shares.UNIONSTE W110414, Expiry Date: 14 Apr 2011, Exercise price = $0.12, Conversion ratio 1:1 - Warrants expired worthless.GUANGZHAOW110628, Expiry Date: 28 Jun 2011, Exercise price = $0.07, Conversion ratio 1:1 - Wa...

Hi guys, just a quick update on my previous post on HLF. I am afraid that I have left out certain information regarding how banks work etc, and that it might be new looking at the balance sheets & profit and loss statements of bank. There’s an active discussion at Value Buddies, a local investing forum, which [...]

Here’s a presentation I prepared personally outlining the compelling case for investing in Hong Leong Finance. It’s my second best idea with regards to Singapore equities this year and I hope you enjoy it. The underlying idea is simple, Hong Leong Finance (HLF) trades at a significant discount to book value. If you look at [...]

Seems like SMRT stock price had succumbed to the bad vibes today, crashing a 3%+ . It found support above the downtrend line (at around 1.76) and bounced up. SMRT longist cautious if it starts to close below 1.76.

Hi Smith, STX OSV broke out from a bullish setup on 30 Nov. It is coming down with lower vol back to where it first broke out. I think its crucial for it to maintain above 1.10. Any time it starts to dip below 1.10 with a high vol, it could indicate that the break out is unsuccessful, hence causing price to possibly rotate down below $1.

At Tactical Trading Academy, we want to let our readers know that we are profitable traders and investors. We know how to make money in the financial markets. We will teach you our proven strategy. Below is my stock investment … Continue reading →

If Capitaland cannot return back up to $2.33, this support will turn resistance and the stock price will be heading towards $1.964. Fundamentally the stock is under value base on NAV and PE ratio. Technically Capitaland stock chart is bearish.  The stock is on down trend and recently drop back into the down trend channel. [...]

hi kev i have a portfolio in stx osv. what is your opinion on stx osv. it seems to be gearing up but with difficult. thanks smith

Savings Account Interest Rates (Singapore) Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Savings Account Interest Rates (Singapore). These rates are obtained from OCBC Bank of Singapore. Savings Account Interest Rates (Singapore) are shown for your information about financial investments in Singapore. It is

Still waiting for a recession, and drawing up a list of stocks that I want to buy. And others that I still have to look in to (*).Dominators: Buffet-like companies, with large market share and only a handful of competitors, these companies have a sustainable competitive advantage in their industries. These stocks will never go to zero, and could rise 50-100% from bear market trough to bull. Might be possible to hold these stocks forever:Coca Cola: Buffet's largest holding. Strong distribution network gives it a moat.UPS: Only a 2 or 3 competitors worldwide, and one in the US. Buffet also holds some.Diageo: Largest spirits producer in the world , and a cashcow; sales nearly double its ...

Here’s a quick update on NAV of the fund and its current holdings. There will be a follow up post in the coming week where I discuss the changes in the portfolio and the general market condition. Accurate as of 18 Dec 2011 Initial Net Asset Value: $10.00 Net Asset Value as of  Dec 18 2011: [...]

World's largest spirits maker. They make Johnnie Walker, Smirnoff, Guinness, Baileys among others. Most of their products are number 1 or number 2 in their markets:Competitive AdvantageDiageo's worldwide sales are twice that of their nearest competitor, Pernod Ricard. The third (or forth) largest producer, Barcardi, is privately owned and does not disclose sales. Next come 'Brown & Foreman', and Beam (formerly Fortune Brands), which have 1/3rd or 1/4th of Diageo's sales.Notes:Diageo reports in Pounds, currency conversion values above from here and here.Diageo owns 1/3rd of Moet Hennessey.Diageo's margins seem slightly lower than their competitors:Notes: All exclude excise and corporat...

On 6 Oct 11 we had bought Dolby Laboratories at $28.37, see here. Today we had just closed Dolby Laboratories at $32.10, profit is 13.14%. Using our proprietary strategy we have been able to generate consistent profits in our stock … Continue reading →

“Dear Traders I would highly recommend anyone who does full money management with lots of time, to use BL. At the end of the trades you come out of nice winning profits. The idea is, open your trade set your … Continue reading →

Previously we had informed our students to buy EURAUD at 1.3125. We had closed our trade at 1.3197 for 72 pips profit. Kindly note that all posting in this websites are delayed. Only our students will receive them live. Original … Continue reading →

Good one! So this blog will make us realize that stock market is not a gamble but can work in a way one wants. Only what you require is a proper study and a deep analysis.

WBL Corp convertible bond is an unique opportunity for investors to participate in the future growth of the company via an equity option to convert to WBL Corp shares at $2.29 for each convertible.Since I have already collected 5 coupon payouts since its listing, I guess it is time to convert to WBL Corp shares. The convertible bond had been paying 2.5%pa, but as time goes by, more and more investors had converted those bonds to shares and the secondary market for the convertible bond is not liquid anymore.Furthermore, the ordinary shares had been paying 10cts per share for the past two years. Yield on convertible price for the shares is $0.10/$2.29=4.37%pa, which is higher than the yield...

I need to remind myself all the outstanding company warrants that are expiring in 2012 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.ASJ W120221, Expiry Date: 21 Feb 2012, Exercise price = $0.04, Conversion ratio 1:1 - No action taken yet.UPP W120529, Expiry Date: 29 May 2012, Exercise price = $0.36, Conversion ratio 1:1 -No action taken yet.GOLDAGR EW120723, Expiry Date: 23 Jul 2012, Exercise price = $0.54, Conversion ratio 1:1 - No action taken yet.ROWSLEY W120921, Expiry Date: 21 Sep 2012, Exercise price = $0.10, Conversion ratio 1:1 - No action taken yet.NTEGRATORW121011, Expiry Date: 11 Oct 2012, ...

Kids Bank Savings Account Rates If you've got a kid (or kids), take a look at this kids bank savings account rates in Singapore. This kids bank savings account rates are obtained from RHB bank Junior Banker Savings Account (Singapore branch). Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is the reason we are presenting kids bank

New (and existing) rules applying to property developers (BT Fri 9th Dec, front page, Kalpana Rashiwala).Old rules:Any developer buying a Government Land Sale (GLS) residential site had to complete development in 5 years (no time limit on sales).When buying a private sector residential site, foreign developers have to obtain a Qualifying Certificate, which requires 5 year limit for the TOP (development) and another 2 year limit on sales. Any developer with even a single foreign shareholder is considered 'foreign', hence CDL, Capitaland & Wheelock face these limits. Only local, privately owned developers (Far East, Hoi Hup) were except.New rules: For any site bought after Dec 8th, must d...

Support level formed at 1.3000. Buy EURAUD at 1.3125 for target level of 1.3400.      

Often we have received emails from our prospects asking on the strategy of our forex trading, cost of our program, and how is the coaching being conducted. One important question that has been asked is if our strategy is consistent … Continue reading →

OCBC Bank Savings Account Rates In Singapore Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting OCBC Bank Savings Account Rates in Singapore. today. OCBC Bank Savings Account Rates in Singapore are shown for your information about financial investments in Singapore. It is in your interest to re-confirm bank rates

(Posted Sunday, 530 pm) The main point of this post is a discussion on expecting the unexpected. Look at how the market reacted when the unexpected were announced. It is a no brainer. If we can expect the unexpected, all of us will be rich. The surprise last week were ·         the coordination of Central Bank actions AND ·         The 50 basis point cut in China’s RRR. What’s even more

Commencing December 2011, I will try to post the articles that had received weak readership from the previous month. If the contents may be of interest, press the hyperlink to journey onto the right post! The following were posted but received weak readership; what you may have missed  Would the ECB/IMF theory become a probability ; a possible channel to solving the Euro debt crisis and hence

(Posted Saturday, 6pm) Let’s make this post a two way street. How about the audience providing some feedback on why you’re still skeptical about the recent rally and that we are still in a bear market? The discussion is a two way communication. I am not here to prove who is right or wrong. The obvious judge will be time. I’ll start of by presenting my opinion on why we are out of the bear

On 6th October 2011 we had informed our stock students that we had bought Dolby Laboratories at $28.37. This stock is listed in NYSE. Based on current price of $32.50, this stock is up 15%. We still like this stock. … Continue reading →

November 2011 was another quiet month. STI lost about 150 points to finish at around 2700 points as investors are still feeling nervous about the economy and Euro debt issues. For this month, I have attended the following AGMs/EGMs - Chemoil, KepLand, K-REIT, Pacific Healthcare, KXD, Sunright, GMG Global, Vicplas, Datapulse, FirstLink Investments, Beyonics, China Sky and TTJ. Of particular mention was the K-REIT EGM whereby the purchase of Ocean Financial Centre was approved via show of hands. A few retail investors (including me) plus an institutional investor had requested the voting to be conducted by poll, but it was thrown out eventually. There was also drama at Beyonics AGM as some ...

Global growth concerns are less of a worry in Q4 as compared to previous quarters. While the US benchmark indices have rallied back towards the flat line, the European bond yield has kept investors on the edge. If you’re investing or trading, one of the indicators you need to watch out for are the global sovereign bond yields. As of late, the French and Spanish bond sales were well received

(Posted Friday 3am) The original post was posted November 29th. It received very little audience. The post was posted before month end because equities performed so badly (as you all know) for the month of November. And it would have been a miracle if any major indices closed in the black. I tried to be smart by closing before Novermber 30th. But the market proved me wrong! In conclusion,

“I am a housewife who has attended a few thousands dollars Forex course last year and still not trading profitably for nearly a year. It was heart pain for me to pay so much and yet learned little of everything … Continue reading →

251 pips gain was generated for the month of November 2011. 3 trades were executed: 3 trades won and 0 trade lost. Here are the details of my trades: 1. AUDUSD: 132 Pips Profit Previously we had bought AUDUSD at 0.9880, … Continue reading →

Singapore Savings Account Rates 2012 - Welcome to Singapore Savings Account Rates. What are the Singapore savings account rates 2012 for the year 2012? How high will Singapore savings account rates 2012 go? Or how low will Singapore savings account rates 2012 go? Keen to know more about Singapore Savings Account Rates 2012? At Singapore Savings Account Rates blogspot site, we update you on

Previously we had bought AUDUSD at 0.9880, see here. We had closed our AUDUSD at 1.0012, profit is 132 pips. We have 4 winning trades in a row for AUDUSD, NZDUSD, EURCHF and USDJPY. Original trade: Buy AUDUSD at 0.9880 … Continue reading →

Previously we had bought NZDUSD at 0.7542, see here. Closed NZDUSD at 0.7626, profit is 84 pips. Original trade: Buy NZDUSD at 0.7542 Stop level at 0.7300 Target level at 0.8000

Briefly, The last hour or so, we saw coordinated Central Bank actions, PBOC cuts RRR, very favorable ADP data, etc. We just noticed high yield assets rallied sharply. Europe indices are up more than 3.7% UK FTSE is up 3% while US indices are up 2.9%. Major Central Banks took coordinated actions to boost liquidity into the global financial systems. This was backed by the ECB, The US Federal

November has been a very "short" month for me in term of investment. With 2 business trips in 2 weeks plus all the preparations and meetings, there was hardly time for me to do much for the portfolio. The stock market continue to be volatile. Euro Zone crisis casts a big shadow over the global market. Stock market went up and down on news. Due to this confusion and my busy schedule, I did not make any purchase/sell this month. At the end of the month, STI settled at 2702, 5.3% lower than end of October. My portfolio performed slightly better, dropped only 3.95% in value. I received S$4,700 in dividend this month. Together with the dividend which I am going to receive next month, the total...

(Posted Wednesday, 3pm) The following is just a guide to assist you to determine if there is a need. In the end, the decision is yours finally. When you buy insurance, you are actually practicing a sort of risk transfer by ·         transferring a potential financial loss to ·         a third party (insurer) ·         Whereby the proceeds will be distributed through a will or by nomination.

Buy NZDUSD at 0.7542 Stop level at 0.7300 Target level at 0.8000 Kindly note that all our trade signals posted in the website are delayed. Only our students and subscribers will receive our trade signals real time. If you are … Continue reading →

Have you ever wondered how the Europe crisis started? What is more important is how would the European crisis end? Markets have been volatile not knowing the outcome of the European debt crisis. The bears have been designing speculative attacks on most high yield assets. Investors have flocked to the US dollar and the Treasury for safety. Again, have you wondered how the European crisis would end

(Posted Wednesday 150 am) November 30th will be the last trading day for November. Most if not all major indices will close lower for the month of November. It would be a miracle if any major indices would close in the black with the exception for Thailand in Asia and Mexico in Latin America. KL Composite would have a good chance if it were to close in the black tomorrow. The worst performing is

Markets nosed dive again (since Nov 14th) to a low last Friday, November 25th. The technical support (and also the 2011 low) for DJIA was 10,400 thereabouts on October 4th 2011. The low for this month of November was 11,250 thereabouts on November 25th, last Friday. Note: 10,400 on Oct 4th and 11,250 on Nov 25th. What a coincidence! From another angle, the lows are getting higher, while the

If you are looking for a trading educator, you should sign up with us. Our trading statement speaks for our capability. Send email to us at metal.commodity@tradingeducationprogram.org. To open a live forex trading account with only USD300, click here.

RHB Bank Singapore Savings Account Rates Want to know more about RHB Bank Singapore savings account rates for 2011? How high are the interest rates that the bank is paying on a RHB Bank Singapore savings account rates? Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting RHB Bank Singapore savings account rates

Worlds largest luxury goods seller. 2010 revenue/profit breakdown:Fashion & leather goods (38%/62%)Wine & Spirits (16%/22%)Perfume + cosmetics (15%/8%)retailing (27%/5%)watches + jewelry (4%/3%)First we look at the first 2 segments separately.Leather and FashionI never imagined that I would ever, in my entire life, see a line of people queuing to shop for thousand dollar handbags.It is difficult to convey how luxury goods are a part of everyday life here. The car you drive, the watch or clothes you wear, do really mean something. Women can instinctively identify a myriad of branded handbags, jewelery and watches at a glance.The book "The Cult of the Luxury Brand", believes...

Closed EURCHF at 1.2265, profit is 35 pips. Trade detail: Sell EURCHF at 1.2300 Stop level at 1.2600 Target level at 1.1750

Previously we had placed order to sell EURCHF at 1.2300. Order is done. Trade detail: Sell EURCHF at 1.2300 Stop level at 1.2600 Target level at 1.1750

That is the title of my post today – the ALL important US dollar index. If you have positions, you will need to monitor the US dollar index. I had been waiting for the US dollar index to reach 79. The low today is 78.33 thereabouts, while the high is 79.38. It is just a nose away from the psychological resistance of 80. The last time it breached 80, the US dollar index closed below 80 for the

(Posted Wednesday, 4pm) If you're not praticing dynamic risk profiling, do not blame yourself if you see your wealth wither and disappear, especially where the global sentiment is so focus on Europe! Risk profiling is a series of questions which attempts to help the client understand what his risk appetite would be. Mostly, the questions will include an understanding of his time horizon,

(Posted on Wednesday, 3am) Original post in black. Latest update in blue Briefly, the US GDP data came in at 2% vs the previous month estimate of 2.5%. This estimate is worrying. First weak data for a long time from the US since mid October. HSBC Chinese Flash PMI sinks Asian market. 'Flash' is a preliminary PMI before the actual data which is normally release at the end of month or 1st week

The Compelling Case for Bank of America Bank of America is probably one of the most hated and reviled corporations in America right now. They are the poster boy for just about everything that’s wrong with the American financial system – from corporate greed, TBTF banks, excessive compensation etc. However, with all the emotions involved, [...]

(Posted Tuesday, 115am) The above is one of my favorite phrases. It is also a reminder to me when markets are trending illogically. But what seems illogical to me may seem logical to others! Take for e.g. global equities fell during the third quarter.  Hindsight: The reasons were with weak manufacturing data, inflation, global growth concerns, rising interest rates, unemployment, Europe debt

In our Learn Investment program, we had informed our students to buy Dolby Laboratories (DLB) on 6 Oct 11. This stock had spiked up more than 10% last Friday: Dolby Laboratories is listed in New York Stock Exchange. It is … Continue reading →

Maybank Singapore Savings Rates 2011 Presented today is an update on Maybank Singapore savings rates. This refers to Maybank (Singapore branch) savings account for 2011. Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Maybank Singapore savings rates today. Maybank Singapore savings rates are shown for your

168 pips loss was generated for the month of October 2011. 4 trades were executed: 3 trades won and 1 trade lost. Here are the details of my trades: 1. AUDNZD: 92 Pips Profit Previously we had bought AUDNZD at 1.3116, click here. We had … Continue reading →

(Posted Saturday, 7pm) Financial risk management is the study of financial impacts affecting an income earner in the unfortunate event of temporary or permanent loss of income of self, a loved one, siblings or dependants. One method of risk management is risk transfer. Without the client realizing a financial impact, the planner cannot proceed. For e.g. the loss of potential income for a

Previously we had bought AUDNZD at 1.3116, click here. We had just closed AUDNZD at 1.3208, profit is 92 pips. Original trade: Buy AUDNZD at 1.3116 If you are interested to Learn Forex from us, send an email to us … Continue reading →

The following was sent by an anonymous who would like to know which Investment link plan would provide/generate the best returns. He is puzzled by the various allocation rates offered by different insurers. What does the allocation rate mean? How does Units Trust differ?  Allocation rate / Insurer A B C D Year 1 30 30 15 55 Year 2 30 60 54 65 Year 3 55

I think so! One of the main causes of male impotency is distraction, mindset, worries, etc. The mindset of Asia Pac focused on Europe debt crisis is certainly distracting the better economic data coming out of the US. For most of Wednesday, the 10 year Italian debt was hovering above the 7% unsustainable figure. With the exception for a short duration when ECB were rumored buying Italian bonds,

(Posted Wednesday 320am) Last week the US markets ended on a positive weekly note. But on Monday, global equity markets were still cautious as Europe debt fears grow. Traders who were still wary of the Euro crisis pushed Italian bonds over the 7% line on Tuesday. Market is certainly shaking out the 'weak' investors. US economic data came in mostly positive on Tuesday. ·         Retail sales

Previously we had shorted USDJPY at 78.78, see here. Heard of possible intervention by Bank of Japan. So decide to take profit on USDJPY trade. Closed at 76.96, profit is 182 pips. Kindly note that all our trade signals posted … Continue reading →

9 Nov night - DJ dropped 3% 10 Nov day - Genting gapped down till 1.65. I placed 2 short orders at 1.675 and 1.68. It retraced on low vol and hit my order and closed at 1.685 on that day 10 Nov evening after market closed - Genting announced result 10 Nov night - DJ opened at 11780 and closed at 11893 - its a 113 points in green. 11 Nov MORNING - Market reacted. Most counters rised. Genting gapped down 5% till 1.595 and hit an intraday low of 1.545. On the hindsight, Mark is absolutely RIGHT! If Dow Jones did not drop 3% the previous previous sessions to dip below 12K, I would not think that the market is weak, neither will I short on any retracement. :) And I definitely did not know that...

ep- kevin made the post at mid night when djia drop by 3%. i don't see how spot on is he.

Quite a few analysts have downgraded Noble to a SELL following CEO Ricardo Leimain's resignation as well as the Q3 loss.  The Q3 loss was supposedly hit by commodity price swings but most are taking a cautious approach and waiting till further details are out before making further decisions.  Though management has attributed the surprise Q3 loss to transitory events, it is not certain when these transitory events will pass.OCBC has downgraded Noble to a SELL with $1.16 fair value.  With the global economy likely to hit a slump coupled with the uncertainty on the outlook for the global commodity market, Noble is perhaps facing certain challenges. On a positive note, the group's plan to spi...

yeah... i thought it showed weakness and was actually short on it the day before results release.. however,was shaken out by the late price movement during the day. damn!

POSB eSavings Account Here is an update on the POSB eSavings account from POSB bank of Singapore this 2011. Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates. We now present POSB eSavings Account today. POSB eSavings Account Singapore rates are shown for your information about financial investments in Singapore. It is in your interest to

The above blog was posted on September 4th 2011. The post received lower than expected audience! Sad! In the post, I was trying to show a relationship between the Baltic Dry Index and global growth. Coincidentally (or not), global markets hit major technical support level on this very day (the 4th week from September 4th, that is October 4th) and reversed. A summary of October PMI data for

It is no secret that many people who have attempted to trading stocks have lost money. There are memories full of wrong trades and a long story to tell of how people lost their precious capital while trading stocks. Trading … Continue reading →

Most of us have a full time job as an employee of a company. This offers us 1st stream of income. Is this income sufficient? Do we need a 2nd stream of income? Do you know that 1 stream of … Continue reading →

Cantonese dramas are the best form of entertainment. It virtually costs nothing as it can be downloaded on the net, provide excellent subject knowledge of law and specialised fields. I took awhile to translate the above, impressed by the efforts made by the script/research writer. The below translation begins at 1:05Pro Sir: Common law is the law for common man. Common law is the fundamentals of all Hong Kong laws. The model for common law is to accept the objectivity of rules. This refers to the unspoken rules agreed by the majority which dictates habits, truth and false, right and wrong. This forms the fundamentals of common law. The motive behind an action is accepted is not solely due...

DBS Expatriate Savings Plus Rate We update you on the latest DBS Expatriate Savings Plus rate in this Singaproe Savings Account Rates post today. For newcomers to our site, welcome to Singapore Savings Account Rates. We are very passionate about Singapore savings account rates and that is why we are presenting DBS Expatriate Savings Plus rate today. DBS Expatriate Savings Plus rate Singapore

In order to track my performance throughout the years, I will be posting updates regarding my portfolio, and to share my current thoughts about the market. I intended to post this much earlier but work caught up with me. Readers can expect me to update this quarterly, and they reflect the current NAV of my [...]

Just tracking for my own purposes the dividend payout date for various Singapore stocks.  As most will know, I am sort of a income investor and am always on a constant look out for good dividend stocks or even Real Estate Investment Trusts (REITs).   Please note that this list is not comprehensive and does not contain all stocks. Oct 2011New Toyo IntlNovember 2011800 Super HoldingsAce Achieve InfocommAmtek EngAscendas REITASL MarineAvitechBoardroomC&O Parm TechCache Log TrustCambridge Ind TrustCapitamall TrustCH OffshoreCheung Woh TechChosen HoldingsCM(Pacific)Creative TechDuty Free IntlElite KSBEllipsizEpicentre HoldingsEu Yan SangFirst REITFJ BenjaminFragrance GrpFrasers Comm TrustFSL T...

Foreign Currency Savings Account We share news on Foreign Currency Savings Account. This Foreign Currency Savings Account is obtained from OCBC bank Singapore. Their Foreign Currency Savings Account is called Global Savings Account. Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Foreign Currency Savings

October 2011 was a decent month. STI finished around 2850 points and markets recovered somewhat as confidence returned to the market. Having said that, fundamental problems like Euro debt crisis etc had yet to be solved and it will take time to see how it pans out. For this month, I have attended the following AGMs/EGMs - SGX, UIS, Guocoland, GuocoLeisure, Silverlake Axis, LippoMalls, Singapura Finance, Maveric, Viz Branz, Creative, Eu Yan Sang, Lum Chang, Olam, Latitude Tree, China Gaoxian and CFM.There are some small changes in my top 30 holdings list this month. As I've spent most of my time attending AGMs/EGMs this month, I have not been making massive changes to my portfolio. Having ...

Best Bank Interest Rates Singapore For the latest information update on the latest best bank interest rates SIngapore, read on at Singapore Savings Account Rates, the site on the blogosphere where we update you on Singapore savings account rates in 2011 and beyond. So what are the best bank interest rates Singapore? How high are the best bank interest rates Singapore? Which bank is giving the

Stock market rallied when the EU leaders annouced their agreement to the rescue plan Greek's debt crisis. October turned out to be the best month of this year so far for STI. The index ends the month in positive note, rising 6.75% in one month to end at 2855.77. Good corporate results announced in the 3rd quarter also helped the restore investors' confidence. My portfolio value rose 5.54% this month (net of fund injetted), slightly lower than STI. I think this is because I have more defensive stocks. I bought Sabana Reit, DBS STI ETF, and received some OCBC shares through script dividend scheme this month. I received S$1,800 in dividend.Going ahead, the uncertainty still remains. It remai...

The largest delivery company in the world. It is still quite dependent on the US: 60% of revenue and 57% of profit came from domestic operations in 2010.Their segmental results are broken down into:- US Domestic (ground delivery of letters or packages, both sending and receiving in the US)- International Package- Supply chain and Freight (Truckload (TL) and less-than-truckload (LTL) deliveries) - in the US and surrounding countries)Competitive AdvantageDHL wrote off 3.9bn when it exited the US domestic market in 2009. Fedex and UPS are the only 2 large players left, and are compared below.First, market share. UPS has larger (about 80% more) revenue for US deliveries. They both have si...

Singapore Savings Singapore savings is our specialty at Singapore Savings Account Rates site. If you are visitng us for the first time, let it be known that we are passionate about Singapore savings account rates and that is why we are presenting posts on our site. Singapore savings are collected from bank sources in Singapore. These Singapore savings infomration are shown for your

Recent UOB Savings Account Deposit Rates Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Recent UOB Savings Account Deposit Rates today. Recent UOB savings account deposit rates are shown for your information about financial investments in Singapore. It is in your interest to re-confirm bank rates before you

Many close friends who read my blog often label me as a salty man. This has a negative connotation because in Hokkien context, it is “kiam” or scrooge in western terms. However, when I explained my rationale to them, suddenly they realize they either be prepared to work past 55 or be better off being more salty.In today’s competitive workplace, there are not many people who are willing to work past 55 years old, even if they are ABLE to. Perhaps it is due to the increased pace of life and work pressure, many people just find it too stressful to cope mentally and physically beyond 55 years old. The problem is exacerbated when the same group has ailing parents, growing kids and mortgages to...

Many US companies have underfunded pension plans, which are not shown on thier balance sheets. In a good case, its several years of earnings. In a bad case, the company may be bankrupt.We are looking at 'Defined Benefits Pension Plans' where the company is liable for providing stipulated retirement benefits for employees at a future point in time. These are unlike the 'Defined Contribution Benefit Plans', where the employee/employer contribute a fixed amount (401K plans in the US, similar to CPF in Singapore). Liabilities for defined benefit pension plans may be quite big, are not on the balance sheet, and therefore ignored by the financial ratios (eg: PE, debt/Equity).How are Pensi...

Bank Interest Rates Singapore Welcome to Singapore Savings Account Rates. We take a look at bank interest rates Singapore today in 2011. These various bank interest rates are the best and highest in Singapore local banks. Bank interest rates Singapore are shown for your information about financial investments in Singapore. It is in your interest to re-confirm bank interest rates Singapore

CIMB kept its NEUTRAL rating for SGX cutting its target to S$5.93 from S$8.14. This was based on trading volumes that are expected to dry up after the recent market volatility. It also expects weaker earnings in the upcoming quarters.CapitaMalls Asia announced yesterday that it does not expect its multi billion dollar investment in China to have any impact on its near term earnings. Its CEO Lim Chee Beng said that while the company was boosting its investments in emerging Asia like India and China, these projects might take some time to produce any returns. In the mean time, Singapore and Malaysia will continue to be the main contributors to its bottomline.Singapore Press Holdings net...

Latest OCBC Basic Banking Account Rates Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Latest OCBC Basic Banking Account Rates today. Latest OCBC basic banking account rates are shown for your information about financial investments in Singapore. It is in your interest to re-confirm bank rates before you

OCBC Bank Young Savers Account Rates Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting OCBC Bank Young Savers Account Rates today. OCBC Bank Young Savers Account Rates Amount | Rate (% p.a.) First S$10000= 0.05 From S$10001 to S$50000= 0.05 From S$50001 to S$250000= 0.08 Above S$250000= 0.08 OCBC Bank Young

OCBC Bank SIngapore Reduces Interest Rates OCBC bank SIngapore reduces interest rates for all its various OCBC bank savings deposits accounts. OCBC bank Singapore reduces interest rates with effect from 1 October 2011. The following OCBC bank savings deposits accounts and their new interest rates are provided below. OCBC Passbook Savings / Young Savers Account Rates Amount | Rate (% p.a.)

Added 260K. From sale of overseas apartment. Now have 510K.If we get a recession, and I am able to buy stocks which don't go to zero, I am going to be rich.

September has been a bad month for equity investors. STI dropped 7.28% in this month and ended at 2,675. Main reason was the European dept crisis, resulting in fear of a recession. My portfolio value dropped 7.2% (net, excluded the fund injected), so in line with STI.I did not do much buying except the buying of some Capitacomm Trust from open market. I also participated in Citysprings' right issue. Going forwards, I intend to seek out value stocks with good dividend payout. As the market is expected to continue its volatility, purchases will be in 'nipping' form. This month I collected S$6,223 in dividend.Below are the top 30 holding. Their relative positions do not change very much. Cit...

New recession call from ECRI. At a minimum, a shallow one, but if there are unexpected shocks, it would be deeper.Continuing the chronological listing of ECRI's calls:31 Aug 11: Summary of Member Report Issued Aug 19, 2011Job Market to Remain Weak. Still cant tell if slower growth or recession. Has been persistent, not pronounced or pervasive. No upturn in sight yet.17 Sep 11: Radio interview: Skating on this ice.Fwd looking indicators show continued slowing. Risk of a new recession is "quite high", don't yet know. Should know by end Nov.30 Sep 11: US Recession (Bloomberg)Recession "now inescapable". Over a dozen 12 US leading indexes (different aspects in the US economy), all show...

September 2011 was a bad month for equity investors like me. STI dropped below 2700 points and markets around the world had been sold down badly. The Euro debt crisis was the main cause of the problem as funds withdraw from the markets as fear of recession was evident. For this month, I have attended Oxley and Tee International AGMs and Pertama voluntary delisting and OUE EGMs.There are many changes in my top 30 holdings list this month. As I've positioned my portfolio very defensively, stocks like F&N, UIS, Bonvests, Sing Investment & Finance, Singapura Finance, Khong Guan Flour Milling, Guthrie GTS, Wheelock Properties, The Hour Glass etc had hold out quite well during market selldown. ...

It has been reported that CapitaMalls Asia will sign a conditional agreement to form a joint venture (JV) to develop a shopping mall and office tower project at an estimate project worth of S$1.28 billion. This will take place in Suzhou in Jiangsu province, China.According to reports, CapitaMalls Asia will take a 50% stake in the JV and contribute about S$637 million. It will fund this through a combination of debt and equity.The 310,000 sqm project includes a 250,000 sqm seven-storey shopping mall and two 20 toery office buildings covering 60,000sqm. WIth this development, CapitaMalls Asia will now have 55 shopping malls in 35 cities across China.

From BT, Tues 22 Sep 2011, p11.Cargill plans to spend U$143m setting up a 65-70,000 tonnes/yr cocoa grinding plant in June 2013.Indonesia has a 10% export tax on cocoa beans to ensure domestic raw-material supply. Tax allowances also given for the plant.

With regards to my earlier post on volatility, yes the calculation was a bit off but it has no material impact on my comparision. But anyhow, for folks interested in the volatility of SPH and STI, I have taken monthly returns from 2008 Jan to 2011 Sept. Calculation was based on excel. The results are quite similar, SPH and STI has a correlation of 86.5%; Annualized volatility of SPH was 22.28%, STI (ETF) was 25.15%. Unfortunately, volatility does not tell you whether it is upside volatility or downside volatility. It also assumes the same weightage of volatility throughout every month, which is not accurate. It also does not factor in dividends that affects price movement much more on cer...

It has been a while since I last wrote something. The financial market is hit by double worry, Euro debt problem plus slowing down US economy. I guess it will be a while for the market to sort out the direction. Therefore, I have took the pain to cash out on some of the holdings on loss. In hope that to avoid the volatility and able to buy it back at lower level. Chance for market to go down

August 2011 was the month best remembered for market volatility. Movements intra-day can be as much as 5% and panic was observed during some days. As usual, the issues like Euro debt crisis, US government credit rating downgrade etc are still in investor's mind. For this month, I have attended Popular Holdings and Stamford Tyres AGMs, UIS EGM and Sino-Env Scheme court meeting. There are some changes in my top 30 holdings list this month. As I have positioned my portfolio more defensively going forward, more volatile stocks will be dropping out of my top 30 holdings. New additions this month include UIS and SP AusNet. Taking advantage of market volatility, I have made my biggest outlay t...

Stock market has been extremely volatile in August. Since beginning of the month, the global market retreated due to Eurozone debt crisis and US credit down grade. though the US market rallied towards the end of the month in anticipation of the Fed pushing out stimulant packet (QE3), it did not manage to recover the lost. STI swung wildly with the global market. Despite good corporate results reported, STI lost almost 10% in the month of August, and settled at 2885.26 on 31 August. My portfolio dropped with the index and its value suffered a 10% loss in August(net of new investment).I bought Sabana Reit and AIMSAMPIReit when their price dropped. I also bought SGX shares and participated i...

Really short post. I have noticed that the share price of Starhub has been rising significantly in the recent weeks, and that quite a few people have been recommending Starhub based on its yield. Although I think the company is fundamentally sound, I feel that investors are focusing too much on the yield and ignoring [...]

One of the questions I hear about investing in the US Market (as an international investor) is the recent devaluation of the US dollar. While I agree that its a valid concern, I would like to highlight something to my readers to put this in perspective. First off, lets look at the graph: * The [...]

Based on CIMB's research: S-REITs’ valuations have become compelling again, with average CY12 yields now at 7%. With investors moving away from risk positions, their relative attractiveness as yield instruments will likely be enhanced. The Fed recently pledged to keep US interest rates low till mid-2013, which would support yield spreads, and create a more favourable environment for refinancing and acquisitions, we believe. Capital structures for S-REITs are also more robust than in 2008. We see these as powerful catalysts for share-price outperformance. We upgrade the sector from Neutral to Overweight and upgrade CMT and CDLHT to Outperforms following their recent pullback. We prefer th...

Latest news, S&P downgraded US rating to AA+, one level down from AAA. It is going to unsettle the market for next week. Expect more downside for the stock market. The good part is I didn't really buy a lot these few months, waiting for more opportunity. After the US debt ceiling soap opera, the purpose of S&P to downgrade US rating is puzzling. What is the difference compare now vs previously?

Today, one of the stock in my portfolio - C&O Pharm announced the general offer by Shionogi & Co. This shows that although the market has so far ignored the good china company, there are people recognise the value. First, it was Hsu Fu Chi, offer by Nestle. Now, it is Shionogi & Co offer for C&O Pharm. Number of good companies reducing. Hsu Fu Chi has a good brand name, wide distribution

Though the market was shadowed by the risk of a US debt ceiling krisis, STI performed relatively well in the month of July, backed by solid corporate results. STI rose in quiet market over 2%, to end at 2189.26. My stocks did do as well. My portfolio value rose only by 1% in the month. This was due to many counters went on XD.I didn't do very much on the investment side. I received the bonus shares from Metro and some DBS shares through script dividend scheme. I received S$1,727 on cash dividend (which I spent on a nice guitar! :))Over the past few months I have been building up my cash reserve to catch any market opportunities. In the month of August, I will be receiving some good divide...

Based on my last count, there are a total of 24 real estate investment trusts (REITs in short) that are listed on the Singapore Stock Exchange or SGX. Interestingly, when I was doing some research on REITs, I was using SGX's website to filter out the REITs and found that there were only 20 listed when I applied the filter. I did a quick scan and realised that CDL Hospitality Trust, CapitaRetail China Trust, Ascendas India Trust and K-REITs was not listed under the REIT section in the SGX website. I am not too sure why this is so. It is perhaps because these are not really REITs and just business trusts. This will probably explain it but nonetheless, I will treat them in the same light...

US debt crisis was the focus of this month. Markets seem to factor a downgrade in credit rating of US government bonds, or even to the extent of a default. There were AGMs held for companies with financial year ending March 2011. For the record, I have attended Bukit Sembawang Estates, Global Yellow Pages, IndiaBulls Properties, Willas-Array, Metro Holdings and GP Industries AGMs this month. Not much changes in my top 30 holdings for this month. There are some movements here and there but these are really due to stock price rather than anything significant. I have bought the following companies from the open market this month - Bukit Sembawang Estates, CFM Holdings, Harry's Holding...

I like these guys. Their announcements are clear and straightforward. And if they don't know something, they say it.They do not make predictions, they just observe changes in their indicators. Their Weekly Leading Index (WLI) tracks short term changes in the economy. It has an average lead of 10 months at business cycle peaks and three months at business cycle troughs. The stock market is one component. Their Long Leading Index (LLI) is proprietary and leads about a year. It does not include the stock market.We don't interpret the results ourselves, but wait for ECRI to make news releases. There is a lag, firstly because they are predicting the economy, rather than the stoc...

Mapletree Logistics Trust share price has been hovering around $0.935 cents. Gross revenue and net property income for the quarter rose quite a fair bit (26% year-on-year). The robust performance was largely attributed to Mapletree Logistics Trust enlarge portfolio size as well as strong organic growth of around 5%. This was backed by rental renewals and high occupation. DPU rose by 7% to 1.6 cents.In Jun 2011, Moody also upgraded Mapletree Logistics Trust corporate rating to a Baa1 from Baa2. This in recognition of MLT's stable and dependable earnings. Other news:MLT's deputy CEO just resigned.MLT is expanding its presence in China

The world's biggest seller of sugar water, and a cashcow. Their competitive advantage is their distribution network. This is a short post - nothing to say that hasn't been said elsewhere - the only question is what price I would buy it.The company estimates they account for 1.7bn out of 55bn (about 3%) drinks drunk daily (this must also include water). They now sell a large number of drinks, not just Coke. In Singapore, for example, we see Minute Maid Pulpy, Heaven & Earth Tea, Vitamin Water.Quick summary of businessCoca Cola is actually 2 businesses: concentrate production, and bottling. (From Morningstar): The pressure on bottlers' margins and the demands by the syrup makers for di...

I could not update my blog earlier, as I was too busy with other stuff.We have just crossed the halfway point of 2011. The good start to 2011 was unfortunately not sustained, so my portfolio did not advance as it looked set to do at the beginning of the year. I am not to bothered though, as my focus has shifted to creating passive income from the portfolio. The total dividend received in the first six months rose 38% compared to the same period last year, which is well on target. Baring unforeseen circumstances, I should reach my dividend target this year.June was a quiet month. STI drop 1.25% for the month in quiet trading, as investors worried about the Eurozone debt crisis. towards the...

June 2011 was another quiet month. Volume was low and STI ended the last day of the month on a high note. On the news front, the usual suspects like Greek financial crisis, US economy etc. I think I have mentioned a lot of times already and I shall stop here. To my surprise, though the market moved in a tight range, there are some changes in my top 30 holdings. New entries include PSL Holdings, Bonvests, The Hour Glass, Sarin Technologies, Portek International and Aspial. I added onto Bonvests and The Hour Glass this month but the rest are really due to price appreciation. I have bought the following companies from the open market this month using mostly funds from the dividend cas...

Most of my friends who bought Unit Trust didn’t really make money. I personally considered that a weird phenomenon as most of them held their holdings for more than 3 years and are still in the red. Compared to me, most of my holdings are held in single undiversified companies that gave me decent returns. Today I make a comparison with 2 random funds and my largest single stock holdings, SPH. I will compare the risk and return during the past 4 years. I am using 2 funds which most of my friends invested during the height of the crisis. They are First State (FS) Asian Growth and First State (FS) Regional China. During the peak of their price in end Oct 2007, FS Asian Growth peaked at 1.93,...

聚焦中国外汇交易市场发展，探索人民币的未来发展趋势。

Dear all,I have known Vijay for quite sometime and he has an entrepreneur mind. He has great ideas and passion for start-ups and he is determined to succeed. He is also a good organizer and he communicates his ideas very well. He is not afraid to get his hands dirty to try out new stuff and doesn't give up easily when things doesn't work well.I strongly recommend my readers to help him by pledging some amount for his idea in this competition. Pledge for Vijay's Zilch - Zero Dollar Shop!http://www.ultimatestartupspace.com.sg/top10/zilchhttp://www.zilchsg.com

新加坡政府今天敦促中国就近日南中国海争议事宜作出澄清。新加坡外交部表示，新加坡作为主要的贸易国家，在有主权争议的海域的自由航道利益受到影响。

新加坡《联合早报》18日刊文《功夫＋熊猫＝？》。文章说，功夫是中华民族的国粹，熊猫(跟龙一样)是中国的图腾象征。这两样东西唯一共同点是中国元素，但无论怎么说两者都不可能加在一起。但美国电影有这个本事，硬硬生产出商业电影《功夫熊猫》，而且这还是一只“招财猫”。

香港离岸人民币市场正面临前所未有的机遇,稳步地将人民币推向全球.作为唯一清算行的中银香港副执行总裁王仕雄周五表示,这一市场仍有包括海外直投和"小QFII"在内的诸多机会,而多个离岸中心亦有可能在未来出现.

波士顿咨询公司(Boston Consulting Group)上月底发表的一份报告显示，到2010年为止，全球39%的财富掌握在占世界总人口1%的百万富翁家庭手中。报告称，去年，全球百万富翁家庭数量增长了12%，这也使这些富裕家庭拥有的财富占全球总财富的比重从2009年的37%增加到39%。

新加坡总理李显龙(Lee Hsien Loong)近日表示，他更希望看到人民币逐步升值，而非快速升值。

根据新加坡人力部（MOM）公布的数据显示，新加坡整体失业率从去年第一季度的2.2%进一步走低至今年第一季度的1.9%，为三年来的最低水平。

美国经济学家鲁比尼(Nouriel Roubini)表示,中国经济出现硬着陆的可能性很大,欧元区如果不能解决眼下的债务危机,未来可能面临更多问题.

《中国达人秀》在新加坡受到追捧，收视率达到将近8%，反应空前。

From "The Little Book that builds Wealth" by Pat Dorsey of Morningstar.He gives a list of common economic moats. This is simpler and more stringent than using Porter's 5 forces. His approach is to go beyond the numbers and find the reasons for high margins.Brands. Not as important as we think:May offer a sustainable competitive advantage if the brand makes people pay more for the same product (e.g.: Tiffanys vs Blue Nile).Most brands are for differentiated products, (e.g.: Coke, Mercedes-Benz), these two examples do not cost more than their competitors. A brand's popularity is no indication of an economic moat.Brands can be lost e.g.: Kraft used to dominate shredded cheese market, but...

The month May was a quiet one in term of stock market. Trading volume was not high and STI was in negative territory the whole month. Eurozone crisis, Account irregularity in S-chips related Chinese state own companies casted shadow over the market. My portfolio performed somehow worst than the markt. At the end of the month, it dropped 2.33% compared with last month, whereas STI recovered its lost and ended only .63% below last month. The big drop was contributed by: Sembcorp, SembMar, KepCorp, Capitaland, UE, Cosco, Yanzijiang. This month was also the month with huge dividend payout. I received S$14,000 in cash dividend. I used this to buy shares in SPH when the price dropped, Sing Inv ...

May 2011 was another quiet month. Eurozone crisis was in the news again, but these were really old news rather than new ones. For my top 30 stock holdings, there is not much changes, except for a new entry - Fragrance Group. News of another round of bonus issue pushed the counter into my top 30 holdings. I have also added onto my stake in Singapura Finance this month. I have bought the following companies from the open market this month using mostly funds from dividend payout for companies with financial year ending 31 December 2010 collected in May - Bonvests, Chemical Industries, Del Monte, Eastern Holdings, Food Junction, Forland Fabrictech, Hotel Grand Central, Hiap Hoe, Hon...

Stock market was relatively quiet in April. There wasn't much big news to rock the market, and the election fever in Singapore seems to lure investors away as well. STI stayed in positive territary the whole month. STI settled at 3179.86 on 29 April, up 2.38% compared to last month. My portfolio went up only 1% this month, much lower than the index. I did not invest very much in this month, because I was kept busy with my work. I bought Hyflux preferenc shares through IPO, subscribed to Cambridge rights issues, and converted Pac Andes warrants. No dividend income this month. Below are my top 30 holdings as at 29 April. KS Energy replaced Suntec Reit. There were some swopping of positions,...

April was quite a quiet month in terms of news across the global front. However, election fever hots up in Singapore and trading volumes had been low since Nomination Day. Obviously, investors had been attending rallies and following election news rather than trading the market. For my top 30 stock holdings, there is not much changes, except for a new entry - OKP Holdings. I had increased my stake in the company due to conversion of its warrants to shares, in anticipation of its upcoming dividend payout. I have bought the following companies from the open market this month - Casa Holdings, Forland Fabrictech, Hotel Grand Central, Hiap Hoe, Hong Fok, LHT Holdings, Multi-Chem, PCA Tec...

This post is slightly overdue as interested parties would most likely subscribed to it. Currently I see a lot of interest in it with books closed for subscription closed that very morning when it was launched in my workplace. In fact I did carry around the Hyflux advertisements and ask some of my aunties in my office to subscribe to it. The 6% cummulative dividends and 8% step up (2018 if not recalled) is a compelling reason to subscribe. However, do take note that the preference shares are not rated and most probably only Singaporeans are familiar with Hyflux. It is unlikely to have fund houses buying large quantities as it has no credit rating and fund managers cannot overide the mandat...

Regional TCM company. Main business is M'sia, S'pore and HK, attempting to expand into in China:What they do (breakdown by 2010 revenue):81%: Retailing. Their main business. Their chain of 171 retail outlets sells their branded TCM and health products throughout HK, S'pore & Msia..11%: Wholesale. Mostly in HK/China. In HK, sold to large chain stores like Mannings/Watsons. In China, sold to pharmacies/hospitals.Abt 8%: Clinics and others.Their main products seem to be of two types:Proprietary medicines, taken from a complex traditional formula, put in powder/capsule form, and scientifically tested for results. eg: Bak Foong pill (menstrual symptoms), Bo Ying compound (f0r babies)Gen...

The month of March was best remembered when earthquake strikes Japan. My heart goes to those affected and hope that Japan can recover from this natural disaster quickly. Markets as expected was volatile but STI demonstrated strong resistance to close around 3100 points at the end of the month, having fallen below 3000 points when earthquake rocks the market.For my top 30 stock holdings, there is not much changes, except for two new entries - Challenger and APB. Both stocks did well this month.Sticking to my investment plan despite market volatility, I have bought the following companies from the open market this month - BBR Holdings, Casa Holdings, China International, CSC Holdings, Forla...

The world's attention this month was surely on Japan, after the triple blow from a 9.0 magnitude earthquake, a tsunami and the treatening meltdown of the nuclear reactors in Fukushima. Meanwhile the unrest in Middle East continues, with the Western Power establishing a no-fly zone over Lybia and bombarded Col. Gadaffi's forces. Stock market tumbled after the 3-11 Quake hit Japan and hit the lowest point on18 March. However market recovered somewhat in the last week of March. STI when down and up in tendem with the global market, but ended in positive territory for the month of March. After trading close today, STI stands at 3,105.85, up 3.17% from February End. My portfolio went up by 2.6...

One of my classmates bought a BMW recently. I know she earns about $10,000 a month and technically speaking, she is buying a car that cost roughly twice her annual salary. There is nothing wrong to enjoy the finer things in life though it means she is also patriotic as well. Why patriotic? In Singapore to own a car, you will be paying a huge load of tax to the government. Take my classmate’s BMW, she has paid the following to the government:Open Market Value (OMV)= $58,000Thus Additional Registration Fee (ARF) will cost 100% of OMV =$ 58,000Excise Duty: 20% OMV= $11,600Registration Fee: $140Certificate of Entitlement= $45,000 (few months ago)GST: OMV x 7% (approximate) = $ 4,000Total tax...

Just received the annual report for Ascott REIT. Here are the few pointers that I gleaned from the short report:Firstly, Ascott REIT has enhanced it geographical diversification of its portfolio quite substantially. Compared to 2009 when it was in 11 cities across 7 countries, 2010 saw Ascott REIT increase its portfolio to 23 cities across 12 countries. Its wide geographical footprint is expected to allow it to enjoy diversification across property and economic cycles.Secondly, Ascott REIT has almost doubled its asset size Its asset size increased 74% from $1.56b in 2009 to $2.71 b in 2010. This is quite a significant leap and should bode well for the REIT in the future. This strateg...

My colleague thinks it is just an electronic platform to buy and sell shares. Some believe it is a gambling table. Perhaps that’s why Genting is often the most traded stocks.Another might think it is a place to park retirement funds in blue chips for steady return.Yet another might think it is a place where the big crocodiles eat up the small fishes and avoid it at all costs.I believe it is the best place to generate excess return amongst all asset classes. My grandmother doesn’t know the existence of it. It is subjective to define what a stock market is because different people have different experience and thus perceive it differently. Just like how the blind men describe an elephant:T...

Bad things come one after another. Inflation fear, middle east unrest, tsunami and the now nuclear plant blast. The situation is indeed worrying, I do hope it is under control and everybody will be safe. Market selling accelerated. I think it is panic selling, since nobody can predict the consequence of a nuclear melt down. From big to small cap, all stock are under pressure. Any buyer? At least

Be greedy when others are fearful, be fearful when others are greedy. I sense fear now. What are you waiting for?Honestly, the last time I see such a scenario was during the Lehman Crisis in 2008. The selldown back then was even more earth shattering than this. The last time STI went below 3000 points was roughly in August last year. This means that for STI has given up its 8 months gains due to the earthquake. That said, 2800 points seems to be a safer entry point for long term investors. At that level, most banking stocks are giving at least 4% dividend yield on your investment. Honestly, I have not much luck timing market cycles. Hence I try to always buy and rarely sell to build up my...

Market volatility has returned, starting with middle east and africa unrest, follow by last week Japan earth quake. My portfolio is back in red again. I sold away some of the counters in order to make the portfolio more concentrated. I also kind of realised that small cap, although offer potential great return, also comes with great amount of risk. Longcheer The buy decision originated with a

China Hongxing. With hindsight:Steady increase in receivables over the years. The YoY doubling in 3Q09 would be the tip-off here.Change of auditors in Oct 10. Lesson here is to go through the past 5 years SGX filings before buying.Also, institutional ownership was no help (BT, Mon 28th):China Hongxing has a strong institutional following that includes Skagen Funds, Fidelity, JP Morgan Asset Mgt and State Street.Singapore based private equity Tembusu partners has invested in Hongwei.

Every investor has different expectation of the share he/she bought. Ultimately, everyone wants to make money. For big company, to attract investor willing to buy company's share is not difficult. The earning is stable and growing slowly. Some are of course grow faster and has high PE. For smaller company, attracting investor money is more difficult. The business is still going through

It was a forgettable month as STI finished just above the 3000 points mark. Most of the stocks had been sold off across the board, with Middle East unrest and high oil price cited as the main reasons. S-chips were also sold off due to auditing problems at China Hongxing and Hongwei.For my top 30 stock holdings, there is not much changes, except for a new entry - ARA. The stock had done well for the past one month and coupled with lower share price of the other top holdings, it managed to make it into my top 30 list. I remain vested in ARA as I like its asset light business model.Taking advantage of market weakness, I have bought the following companies from the open market this month - BB...

The political turmoil in Middle East and North Africa, coupled with inflation fear affected the stock market badly. STI showed the worst performance since the last financial meltdown. The good news is that most of the corporate results published were good. IMHO, this is not another financial crash but a correction. STI dropped 6.25% for the month of February. My portfolio dropped 5.63%, slightly better. I did not buy much shares this month, because I was bogged down by work, and was on business trip in Europe last week. The only purchase was Cache. I received S$2,500 in dividend this month.I will be very busy next month also. Hope that I can't squeeze some times in between my schedule to ...

Wish all a Happy Chinese New Year and Golden rabbit year. I hope this year will be good for stock market. After the initial rally, market is having a correction now. There are possible buy if the price is attractive. I may post again on my find and stock bought.

Stock market started very good this month, but loss steam towards the end. Reason? European credit crisis, bad weather, Korean problem, Egyptian unrest, Chinese rate hike..... So at the end of January the STI index is back to where it started - 3,179,72, 10 points lower than 31 Dec. My portfolio followed the STI through the ups and down, ending some 0.16% lower than last month. SIA, UE, STEngineering and Capitaland were the worst performer, where CWT and KepCorp were the stars.I was given 4,000 ASL Marine shares as Bonus, and I bought another 6,000 shares. No othere purchase was made this month. I received S$528 in dividend this month. Below are the top 30 holdings this month:1.   SPH2.  ...

STI started the new year with a bang but lost its momentum towards the end of the month. Middle East unrest was the main reason for traders to sell off their positions, but as a value investor at heart, I took this opportunity to accumulate some small cap value stocks on weakness towards the end of the month.For my top 30 stock holdings, there is not much changes, except for a new entry - First REIT. It appears my top 30 list for the first time due to my subscription to its rights issue.For this month, I have accepted the delisting offers for ASA Holdings and China Angel. My holdings in Thomson Medical Centre had also been compulsory acquired by the offeror. I have also participated...

Debt is a major problem in the US these days. A large number of people are finding it extremely difficult to get out of the clutches of debt. Having some extra bucks in the current economic situation can definitely help you to clear your debts. You can consider investing in share market as a possible way to earn some much needed cash and pay off the debt. Thus, you can avoid debt relief programs like debt consolidation services or debt settlement program. Try to diversify your investment plan by buying high risk and low risks stocks. Then you can lower your risk by investing in combination stocks. Following are a few share investment tips that would help you to get a few bucks richer....

For the past one weeks, two brokers initiate coverage on OUE Ltd. The target price given is quite close, around $4.2. The stock was also covered in the edge year end issue. Why the buzz around the company? The draw: - Office rental recovery - Hotel business doing well as more tourist arrive - More initiative to unlock value At this price, the upside is about less than 20%. Not that attractive

Few weeks ago, Wilmar announced the plan to go into China property development with Kerry properties and Shangri-la. Wilmar's job will be sourcing the site for development with their connection, the partners will be managing the development. The market reacted negatively on the deal. The logic is simple. Why diversify into something that is new and unproven? Furthermore, China property sector is

Longcheer is a handset design company which has customer in China, India and other emerging market. I bought into the company share after being highlighted by Lim & Tan. The company is paying good dividend, having sufficient good return on equity, low valuation and business is doing well. Later on, DBS Vickers also recommended the stock. Although it is a tech stock I will usually avoid, I bought

Recently, I have started to read more about Hong Kong market and stock. Being a bull in China, there are not many choices on SGX. Among the few s-chips that SGX have, not many are market leader in China. In contrary, there are many good China companies listed in Hong Kong. Those that can offer superior growth of 20% per year and having ROE of more than 20% can be more easily found on Hong Kong

2010 was a busy year for me. The project work and constant OT took most of my time. However, I still manage to squeeze out sometime for investing. 2007-2008 Since the sub prime crisis, the global economy has gradually recovered. The pace of US recovery is still pretty slow and China has taken a bigger role in supporting global growth. When I think of my investment performance for 2007 to 2008,

2010 had been a decent year for stock market investors, though not as good as 2009. It has also been a stock-picking year and investors had been rewarded handsomely if they had picked the right stocks. Personally, for my portfolio, I had done quite ok this year. So, here is my review for 2010.What has done well:1. Adopt value investing strategy and overweighting undervalued stocks. I had bought in more small and mid cap value stocks this year, while also adding onto existing ones. This strategy did paid off in the 2nd half of the year as STI peaked and the market re-rated some of these value stocks. The downside of this strategy is of course, being unable to participate fully if growth st...

Stock market has been rather "stable" this month. STI was in positive territory whole month. Worry in the Euro-zone did not affect the market too much, similarly the Korean situation, and the icy winter in Europe and America. Even the latest interest rate hike in China did not hit the market badly. Figures released by US government indicated the recovery is on track, so global stock market advanced. DOW hit 2-year high a few times.STI advanced and hit 3,200 after Christmas. It eventually close at 3,190.04 today, or (45.34 points) 1.44% higher compared to End-November. My portfolio performed even better. Its value rose 2.76% this month, net of fund invested.I bought First Reit this month. ...

How time files! It is the last day of 2010.STI is quiet this month and it is expected as most investors are closing their books. Not much news flow too in the market.For my top 30 stock holdings, there are not much changes this month except for a new entry - Metro Holdings. I have converted its warrants to shares near the end of last month. Thomson Medical Centre had been removed from the list, pending compulsory acquisition by the offeror.For this month, I have accepted the delisting offer for IDT Holdings. I have also participated in the following scrip dividend scheme - SP AusNet, Tat Sin Electric and 2nd Chance Properties.I have bought the following companies from the open market...

Current S&P 500 PE Ratio: 22.95 Mean: 16.38Median: 15.76Min: 4.78 (Dec 1920)Max: 44.20 (Dec 1999)Looks expensive to me now. If stocks were to revert to mean, either earnings go up 40% or stocks go down 40%. Let's just take the middle path to be neutral. That’s at least a 10% downside to go. Current S&P 500 Dividend Yield: 1.78% Mean: 4.35%Median: 4.29%Min: 1.11% (Aug 2000)Max: 13.84% (Jun 1932)Low dividend yield states that investors are betting on capital appreciation instead of dividend returns. Doesn’t bode well. The last time it went that low was in year 2000. Current Treasury Bond Rate: 3.41% December 23, 2010 Mean: 4.69%Median: 3.84%Min: 1.95% (Jan 1941)Max: 15.32% (Sep 1981)The 10 ...

ETFs is the acronym for exchange traded funds, which are basket of stocks traded over the exchange. Having invested nearly 0.5M in stocks I must agree that ETFs are not exciting products for people looking at supernormal returns. However, holding ETFs means sleeping better at night since I will probably not be losing my entire capital even during market crash. Take the STI ETF for example. If I lose my entire capital invested, this would literally translate to DBS, UOB, OCBC, SIA, Singtel trading at zero dollars. For that to happen, I think putting money anywhere will mean total loss anyway.Besides, STI ETF pays regular dividends as well. Historically, the dividends are about 4-6 cents pe...

OCBC issued an OVERWEIGHT call on SREITs, an upgrade from NEUTRAL. The extract of the report is below:Going into 2011, we upgrade our rating for the S-REITs from NEUTRAL to OVERWEIGHT. The persistently low interest rate environment is expected to stimulate the property market and continue to drive prices higher. Together with "hot capital inflows" pouring into Asia, it is likely that spot rental rates and asset prices will continue to be inflated. At the same time, many REITs managers are capitalizing on the recovery cycle for further asset enhancements initiatives and acquisitions. Being an inflation hedge, we think investors' interest in S-REITs is likely to remain piqued in 2011. Howe...

It seems that the economic recovery is aiding luxury brand stocks. Just read the news that Tiffany & Co stock price ahas more than tripled to $62.57 since Mar 2009.During the recession, I remembered clearly that Osim's stock price was really depressed. Now it is above $1.50.It shows that luxury brand stocks do in some ways benefit from cyclical trends. With consumer spending on the rise, these companies tend to have better sales during an economic recovery. Another factor is also the increase in consumer spending in Brazil, Russia, India and China which together for a strong consumer base for these luxury goods. In fact, analysts have opined that emerging market shoppers will provide s...

China Animal rallied 9% today. The powerful rally could be due to the news that the company is looking at increasing work force and M&A next year. The other reason could be the coming HK listing. I have high hope on China Animal. If things turn out to be what analysts have predicted, the earning growth could continue and share price heading north. Invest in small cap is about taking position

In an interview with Bloomberg, Peter Lee, CFO at Osim International Ltd, Asia's biggest maker of massage chairs outside Japan, talked about the recent financial results for his company and the business strategy in ChinaOsim has announced a 3rd quarter profit increase of 86% to $13m. In the recent financial results, Osim announced the following:"We expect product innovation and our competitive position to continue to create higher consumer demand in the coming quarters.We launched uSoffa Petit and uSoffa this year with international celebrity Lin Chi Ling to strong market reception. uMama Warm also performed above expectations.In China, we are in 40 cities, have 251 OSIM outlets and plan...

STI is weak this month and that is to be expected as it had ran up quite a bit for the past few months. Tensions between North and South Korea, problems in Ireland financial system etc are among the worries that investors have to grapple with. Positioning my portfolio defensively seem to be the way going forward as the year draws to a close and I would try as far as possible to avoid buying high beta stocks and IPOs.For my top 30 stock holdings, there are not much changes this month except for a new entry - Thomson Medical Centre. The stock rallied on news of a cash offer from Peter Lim. I will continue to hold onto my shares in TMC unless Mr Lim decides to take the company private.For th...

The stock market started well in November. STI closed above 3300 on 8th and 9th November. Unfortunately the market lost steam after that. major incidents afftecting the market are: Euro Zone debt crisis, China's measure to cool property market, Conflict between South and North Korea. Affected by the above, market gave up the gain in early month, and closed eventually almost flat, only 2 points above last month-end. My portfolio, however, faired worst than that. As at 30 November, it is 0.3% lower than 31 October level. I did not invest very much this month. At the first half of the month, as the STI was high, I didn't try to purchase any share. Subsequently, when prices soften, I tried to...

I have always like Hong Kong and have stayed there several times during my course of work and leisure. I remembered staying in one of the islands know as Pak Lai Wan for a couple of weeks and I was extremely impressed by the smallish apartment.The apartment featured here is about 750 sq ft and costs SGD$660k. It is extremely decent, with 2 bedrooms and a seaview of the QingMa bridge. Cars are not allowed in the island and residents can either take a shutter bus or ferry to reach their homes. It is 20 minutes ferry ride to Central (10 mins interval on average) or 10 minutes shuttle service to and fro Tsuen Wan. This is really pollution free place! I am really amazed by just how they can pa...

Currently properties with MRT stations command a high premium. With the upcoming Eastern, Bukit Timah, North Coast, Downtown lines, more and more houses will be near MRT. In fact, any house will be near MRT stations! Link to mapPerhaps by then houses away from MRT stations will command a higher premium instead! Singapore Blue Chips Investments

Asian retailer. Owns and runs supermarkets, hypermarkets, health and beauty, and convenience stores.Slow but steady grower. Over the last five years, sales are up 48% and profits up 70%.Business Model -------------------Use cashflow generated from existing operations to set up new retail stores. If it succeeds, keep growing. If it fails, sell off and try again.Most stores are owned and operated. Stores usually rented through operating lease. Convenience stores may be franchised.Expanded steadily over the years:Not sure how many convenience stores are franchised and how many owned.Balance Sheet:------------------Their expansion has usually been through internally generated cashflow. ...

I need to remind myself all the outstanding company warrants that are expiring in 2010 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.LINAIR W100118, Expiry Date: 18 Jan 2010, Exercise price = $0.09, Conversion ratio 1:1 - Warrants expired worthless.CHALLENG W100408, Expiry Date: 8 Apr 2010, Exercise price = $0.10, Conversion ratio 1:1 - Warrants exercised and converted to shares.ETIKA W100408, Expiry Date: 8 Apr 2010, Exercise price = $0.095 , Conversion ratio 1:1 - Warrants exercised and converted to shares.JAPANLANW100416, Expiry Date: 16 Apr 2010, Exercise price = $0.75, Conversion ratio 1:1 - Warra...

I am really impressed by M1. I made a call to them today and wanted to change my subscription plan. Initially, there was a $20 charge and I casually mention to them to waive it, they acceded to my request without any objection.Thereafter, they informed my that as I am on corporate plan, my new plan costs only $20.54. I replied that I was not aware I should be enjoying corporate rates and the phone officer volunteered to give me a $5 rebate on my phone bill for the next 6 months as goodwill compensation.I decided that my data plan was going to waste as I seldom use the internet other than checking emails. Besides my company provides a state of the art smartphone that has everything to keep...

Just applied for this reit.Singapore Blue Chips Investments

MOE Overseas Scholar admitted being child porn addict.MOE teacher provided Mas Selamat food, water, map and other survival toolkit.ACS ex principal convicted of inappropriate behaviour, abused of power to be intimate with his biology teacher subordinate.MOE primary school teacher serving sentence for having sex with her ex primary student in chalet.MOE teacher acquitted of molesting ACS students.Teachers really make a difference and show you the world. Well, only some of them. Singapore Blue Chips Investments

Still tracking IBD's market direction calls. Even doing nothing now, I may want to position trade in years to come.IBD flagged market under pressure on 12th Nov, due to the build up of distribution days (Dow 5, NYSE 4, ):"Avoid trying to predict the market's next move. The next step could be a correction or a resumed uptrend. The past 12 times IBD termed the market outlook as "under pressure," the next move was to correction six times and to resumed uptrend six times."Then 'in correction' on Nov 16th:Recent history shows no consistent pattern. In four of the past six cases, the Market Pulse's outlook remained at "correction" for nine sessions or less. In two cases, the correction la...

This is a lazy afternoon, sitting in front of the computer, just want to let my mind be empty. However, read some blog entries, this trigger me to write something. The market remain uncertain as the economy data is not so rosy. In view of US QE2 measure and the general comment I read every where, I am confident next year will be a good year for stock. I suspect more hot money will flow to Asia

While you are digging your nose and reading my blog, listen to this:Out of difficulties create miracles.Now stop complaining about life. Not when Liu Wei isn't. Singapore Blue Chips Investments

According to columnist Matthew Lynn, everyone should be open about their pay.1) Everyone will benefit because we aren't sure if we are fairly paid unless we know what our colleagues and bosses are getting. Our bosses can easily hookwink us because we don't have enough information. Knowing everyone's pay will allow us to seal a better salary package. 2) We tend to feel insecure of our earnings if we do not know how much others are making. We are likely to assume that they earn more than us and feel lousy about it. Truth is, you are probably above average and your self esteem will improve upon knowing your commercial value.3) It will make us financially responsible. How many times have peop...

Every time you search "Singapore Blue Chips", you will definitely have my website as one of the top search results.GoogleYahooRednanoMy google page rank has a decent value of 3. For a non profit personal blog, I think that's a little achievement! Yeah!Singapore Blue Chips Investments

I was driving near Sengkang and decide to pop by the new EC, Esparina Residences. The prices were extremely competitive! As more than 90% were sold, only 2 bedroom units were left. This is a peculiar phenomenon as usually 2 bedroom units were the 1st the be snapped up in any new launches. As this development is an EC, the main barrier is $10,000 household income. I was interested in a 3rd floor 2 bedroom unit.The prices were really reasonable. A 2 bedroom 829 sq ft unit, morning sun with blocked afternoon sun and facing a garden, it costs $617k before CPF grant of $30k.TOP is expected to be in 1st quarter 2014. PSF price works out to be $744.I believe this is a good buy, stay invest unit ...

How to defer from NS ICT?I have been successful in deferring my NS liability through a couple of ways:1) Masters course commitment2) Employer letter3) Employer scheduled training4) Passing IPPT helps to substantiate reasons for deferment.Singapore Blue Chips Investments

It's quite worrying when almost everyone I know starts buying property for investments. Table 1 shows the pipeline of project due, extracted from URA. Table 1We are expecting 2,000 odd units to be completed by end of 2010. Supply will still be low in the region of 6,000 completed units in 2011. However, in 2012 there will almost be a 50% increase to 9,000 odd units, followed by a YOY 100% increase of completed units in 2013.This is almost a 300% increase as compared to 2011!In 2014, 15,000 units are expected to complete, which adds to the glut of supply. Should interest rate rise to 3.5% then, the influx of supply will lead to further rental depression due to high cost of funding. Investo...

Eratat has just released the Q2 result. A quick scan on the financial statement: For 6 months result, Gross profit +3.3% Because of reduced in expenses, Operating profit increased 23.4% Trade receivable is quite high at 347,747 because of lengthen credit term Current liabilities 130,968 Cash and bank balance 131,936 Margin improvement +2.8% for 6 months Operating cash flow at 99,189 But because

Just realised that local banks fixed deposit rates are really crazily low. Effective interest rates after all those interest on interest, free vouchers and loyalty bonus gimmicks never breach 1% PA.But wait, check this out..Not some Ponzi scheme but fresh rates given by ICIC bank. BUT, they only have one pathetic branch at Raffles Quay. Still not a bad deal for most people!Their Aussie rates, my favourite currency is as follows: No link to their websites as this is not an advert. Singapore Blue Chips Investments

Dear all,I am sure for long term investors like me, one will encounter the scrip dividend scheme from time to time. Basically, scrip dividend scheme is intended to give shareholders a choice to convert their entitled dividend payout to more shares in the company. The subscription price of the scrip dividend scheme is normally given at a slight discount from the market price, in order to make it more attractive for shareholders to subscribe to the scheme and for the company to retain cash for its usage. One do not need to pay any brokerage/transaction charges in order to convert the dividend into shares. There are basically four common options for shareholders when it comes to this scheme:...

I've stopped trading, I am not wired for TA. Position trading sounds good in theory, but in practice I cannot predict the market direction clearly enough. Whipsawed by non-trending markets. The time and risk to get a mere 10-20% return is not worth it.My best bet is to wait for the next bear marker or recession, when I can easily get a 50-100% gain within a few years with less risk. I am comfortable going against the crowd. Wait for:Newspaper says recession and job loss.Stocks fallen 50% from previous highsRevenues have fallen for 2 or 3 quarters, PEs become compressed.Historically, bear markets may take up to 6 years in to occur Singapore (1998, 2001, 2003, 2008). 4 more years to g...

STI gained further ground in the month of October, even touched briefly the 3200 height. It finally closed at 3142.62. Compared with Septermber End, it rose 44.99 points, or by 1.45%. My portfolio value grew slightly better than STI. It rose by 1.68%, net of the funds injetted and dividend received.I invested S$16,500 this month, which I used to buy K-Green, participated in the IPO of MIT and GLP, right issue and preferential offering of AscottReit, Mapletree Logistics Trust,AmpSampIReit, and Script Dividend Scheme of DBS. I received S$900 in cash dividend and S$180 in SRS. The top 30 holdings have little change, besides some position swopping. The only new comer is AscottReit. It replace...

STI gained further ground this month as it closed above 3100 points. However, due to the lack of corporate results this month, most of the attention had been focused on IPOs, in particular mega ones like GLP and MapleTree Industrial Trust. I didn't participate in any of these IPOs though as I have decided to focus my attention on purchasing value stocks for my portfolio in order to position it more defensively as the market continues to scale new heights.For my top 30 stock holdings, there are not much changes this month except for a new entry - Ascott REIT. I have added to it due to its rights issue and I have also applied and allocated some excess rights shares as well. I am quite famil...

My random thoughts for this weekend ADR ADR has finally began trading. Some market watchers said the volume is disappointing. Every journey starts with first step right? I think it is a good move. Slowly more will be buying and selling the ADR, SGX stands to gain and also investor stand to gain from saving the custody fee. My favourite will be two - China Mobile and Ctrip.com. I am not sure

I am not particularly interested in IPO's, as I thought the chances of getting them is very low, but the GLP and MIT IPO's created so much talk in town that I decided to give them a try. No harm tikam tikam....To my surprise, I was successful in both application. So now I have two more counters in addition to my already "messy" portfolio. :)

Healthway was in my watch list after it attracted the market attention that Peter Lim has became the major share holder. However, I didn't buy into the company since the valuation is quite high. Basically, the story sounds good but the numbers not delivered yet. To my surprise yesterday, Peter Lim has pared down his stake in the company. Clearly, the stock is now in down trend because the

Just receive the preferred banking package. The package sent was quite delightful, considering that I only applied for a credit card and current account.The card comes with 25,000 points upon first transaction. There is an overdraft facility that is interest free (without processing fees) for the first $3,000 drawn upon. The current account comes with a debit card that comes with 2% cashback on mastercard spending. Spending gives 1.5x reward points for $1,500 of spending and below; 2.5x reward points for purchases above that. Different account categories earn points monthly. For example, a current account, time deposit and investment account earn 250 points monthly or 750 points in total...

I was rather pissed off when I was only allocated 3 lots for GLP. MIT seems the next best alternative as the market is still flushed with liquidity. The balloting results of GLP suggest that many retail investors applied up to $2M for GLP. A few others applied with $1M. I salute them, though they earned about $1.2k profit immediately in 3 days. Given the response for GLP, I expect MIT to rise at least 6% on day 1. That said, I playfully applied for a few lots. I think it was about 60 lots. Not expecting to keep it for long, perhaps to earn just a bit of kopi money for Oct. I got 0 lots allocated this time. Wow, my guess is MIT will rise 10% on debut.Singapore Blue Chips Investments

For the past few months, Wilmar has underperformed the general market. It is one of the stock that under my watch list. I seldom have big cap stock in the watch list, primary reason is the slower growth it provides. However, after some brief study on Wilmar, I am interested in investing in the company. It has few draws: - Market leader in China cooking oil - Diversifying into flour and rice -

Despite the worries, I observed that market is slowly climbing up. Another leg of bull run might be on the card. When market discounted all the bad news, next is for some good news to take the market forward. I remain optimistic about the prospect. We are definitely out of the bottom and not going into the double dip. US recovery will take time, gradually and painfully. We still have China to

Just applied IPO for GLP. Applied for 79 lots. Yes, it is overpriced, but at current market I am sure I can strike a winfall even if I am just allocated 4 lots. It will be part of STI index in time to come, similar to Capmalls Asia. Index funds will be mandated to purchase it, from us. :)Eventually I was only allocated 3 lots, a paltry $600 paper gain on the first day. Oh well, its free money anyway. Singapore Blue Chips Investments

September has gone by. The expected dip didn't happen, most of the stock go up instead of go down. The focus was still on small cap, and likely remain so in October. Will be see a correction in October? Maybe, just my guess. On the individual stock front, I bought Eratat Lifestyle based on following observation: - Stock price has recovered and unlikely to go down again looking at the trend -

AirAsia is the largest LCC in a rapidly expanding market.Their expansion is fueled by debt. How do their numbers stack up?Balance sheet and CashflowsCashflows from Operations are quite good (ignoring unwinding of interest rate swaps). eg: in 09 they generated enough CFO to pay off their debt in 10 years.Problem is due to the Capex, mostly funded by debt. CFI has been larger than CFO every year since listing (with the single exception of 09).... and not just a little but larger, usually double or triple....Existing DebtHow is their debt hedged?Footnotes 28 and 35:Approx 80% term loans, 5% bonds (sukuk)Approx 90% denominated in USD (700m). 35c: Abt 60% of this protected by a currency h...

Global equity had a good show in this month. One analyst said even this is the "best September since 1939". Unfortunately the advancing of stock prices lost steam in the last few days of the month. Though STI failed to end the month above the pschological 3,100 point, I should be satisfied with my portfolio performance in September. All counters but 1 ended above or level last month-end. Portfolio value increase by 6.07%(net of dividend and fresh fund invested), compared to end of August. In the same period STI rose 4.99%. I received S$4,059 in cash dividend, which I reinvested. I topped up Metro Holdings, and bought into Cache Reit. I was also awarded some Cambridge shares through script...

My first investment in China sport sector was through China Hongxing which disappoint me very much. Obviously, after Olympic, there is excess capacity and cut throat competition which squeeze every player. In a very competitive environment, it is better to buy the leader than those playing catch up. Recently, Eratat Lifestyle has been making headline. Being mentioned by media and analyst, I

Today Soilbuild announced a delisting offer by major shareholder at 0.80. For the past few trading session, I noticed a sudden surge on share price. This proves again market know what is going to happen next. Maybe those familiar with the deal have already buy in advance. One less good stock to buy. It is in my watch list, waiting for a lower entry point. The company average ROE more than 20%

This is a re-count of my UT investment journey. I am speaking from my own experience and it should not be taken as an expert advice. I started investing in UT in the year 2000.During that period I made some advance in my career and had some spare cash, so I was looking for ways to invest the cash and prepare for retirement. Seeing some of my friends got burnt badly from the 1997 financial crisis (especially from Clob), I thought that direct investment in the share market was too riskly for me and UT might be a better way. The first fund I bought was UOB Telecommunication Fund, recommended by my  bank RM. Soon after that I learned to buy UT online, and I started to invest in some Tech fund...

The past few months haven't been easy on me, I was very busy with work. It will be even so in the coming months. However, this didn't stop me from reading and thinking about investment. I guess I was too obssesed in finding good company. Nevertheless, the stock hunt is coming to the end as I have a list of stock that I am interested and following. The big news last week is about ADR trading on

The primary reason for people wanting to trade stock is to buy low sell high. So, they can earn the price difference. Market is driven by greed and fear. Many people made wrong decision because of emotional factor, which causes them to sell low and buy high. Buying stock is different from buying things from supermarket. In supermarket, everyone has a benchmark on the value of goods, you will buy

As I celebrated my 52th birthday last month, It came to my mind that its time to take stock and review the few important aspects of my life: Career/Retirement, investment/finance. Let's talk about investment first.By the grace of God, the world economy came out from the financial crisis pretty fast. In the same manner, my investment portfolio survived the crisis. Today, the value more than doubled from the pre-crisis level. As at this month, I have achieved an important investment milestone. Right now, I am resisting the temptation to set another higher target for myself, as this will mean no end to this cycle. On the other hand, I could stay relatively unaffected by the financial crisis ...

Last Friday, US release better than expected job data, this cause the worldwide market to soar. I think economy is a complex system where nobody has exact idea on where it will head to. Sometime analyst or economist is right, sometime is wrong. Market has been bearish for quite sometime and this could be the exercise for a relief rally. After that, the fear will set in, the invisible hand will

I received another of my Google Adsense cheques just recently, and was frankly quite surprised to get it because I haven't been posting for more than siz months. To be sure, I haven't been active for probably more than 2 years with my hotstocknot picks, as my last few postings were more rants on than anything else.But this shows the quality of my blog, and I'm speaking in all frankness without bragging. The fact that people continue to come back to read my postings on various stocks several years back --- and why they should NOT buy it then --- speaks for itself. And I am pretty sure more than 90% of the hotstocknot picks have turned out to be right, based on today's prices as well as how...

Despite the good results reported by most of the listed companies, stock market did not perform well in August. This was largely due to the uncertainty in US, caused by bad numbers in housing market and unemployment rate. In fact the good corporate performance locally helped to keep the drop in check.My portfolio under perform the STI in August. While STI dropped 1.25% to 2,950.33 point, my portfolio, net of fresh fund injected, dropped 2.33%. I bought into CWT, Stamford Land and K-Green this month.On the dividend side, I received S$4,658 in cash and 780 in CPF-OA. Below are the top 30 holdings as at 31 August.1.   SPH2.   OCBC Bk3.   ComfortDelGro4.   Semb Corp5.   DBS6.   ST Engineering...

Consists of 2 businesses:Branded consumer division, which manufactures their own branded confectionery products and distributes 3rd party products in SEA (mainly Indonesia).Cocoa ingredients division, which processes cocoa into chocolate ingredients used by chocolate manufacturers (e.g.: Mars, Cadbury, Meiji)The Consumer division is well established, the Cocoa Ingredients is still starting up. In 09, Cocoa Ingredients accounted for 70% of EBITDA, despite both divisions having similar revenue.Cocoa Ingredients------------------------Involves processing cocoa beans into cocoa powder, cocoa liquor and cocoa butter. The last two are commodity products, the last may have some value add (by ...

The US market's uptrend came under pressure 11th Aug, correction on 24th Aug. To me, this 'uptrend' was not significant enough to position trade. IBDs ratings do not work in a trendless market. I do not yet have this crucial skill to judge the state of the market (up, down, trendless) without hindsight.However, following IBD does work well in a bull market. The previous examples I saw were from bull of 2003-2004. Waiting for a FTD, when the (brief) corrections are over, buying stocks that did not fall would have been profitable then. I'll keep my subscription to IBD while I see if I can learn to judge the markets better.I have done nothing since June. Zero gain, zero loss. Right...

To a trader, the month of July might have been a boring month. Stock market was quite "quiet", trading volume has been low the whole month. Many blamed it on the football world cup. Personally I don't mind a month like this. STI has been cripping higher slowly amid the low trading volume. Throughout the whole month, STI moved up 152.19 points, or 5.37%. My portfolio moved almost inline with STI, up 6.25%. The higher percentage was due to new investment. I participated in DBS script dividend scheme, exercise warrants of Metro, and topped up Noble Group.No other dividend except DBS was received this month. Below are the top 30 holdings as at 30 Jul 2010. There is very little change except N...

After 2 attempts that died out within a few says, we get a FTD on Jul 7th:A distribution day occurred on day 7 of the rally. S&P500 down 2.9% on 30% higher vol, Nasdaq down 3.1% on 10% increase. Mitigating this (from IBD):Higher volume partially accounted for by options expirationFriday's volume increase in Bank of America alone accounted for most of the NYSE's increased trade.Many top-rated stocks fell with the market, but in reduced or only average volume. This was a sign of strength, especially considering the options expiration day, which typically boosts trade.I'll take this to be a normal pullback in a bull market until proven otherwise. Trying to determine the US market trend ...

From the big drop in May, market faired better in June. The upside was limited by the uncertainty in the US and European recovery, and by the Football World Cup tournament in South Africa. STI closed at 2835.51, up 2.92% from end of May.My portfolio under performed the market this month. The value rose 2.6%, but this included the fund (S$5400) invested in the month. I receive S$3041 in cash dividend, which I re-invested in the market in the form of script dividend scheme (OCBC, Cambridge)or top-up(Pan United). I also received 400 K-Green Trust shares from KepCorp.Below are the top 30 holding as at 30 June. Interestingly, this is the first time when there was no change in the list, lest so...

Volcano Ash, Eurozone debt crisis, China's measure to curb overheating property market, tension between the two Koreas, bloody protest in Thailand, all these bad news come together made May the worst month for the stock market in the past 18(?) months. STI plunged more than 320 points from last month-end to 2650 on 25 May. It has since recovered slightly and stood at 2,752.60. Compared to 30 Apr, it is 222 points or 8% lower. My portfolio value dropped about 8.97% this month, thus underperforming STI. Only consolation is the S$12,000 cash dividend received, which I reinvested together with the proceed I received from sale of SSH shares. I bought FSL Trust, Lee Metal, Noble, SIA, SPH, Sing...

Under KS Energy's privatisation plan for SSH and Aqua Terra, my SSH shares are gone wef today. For every SSH shares I receive 0.1 KS Energy share and S$0.16. If consider S$1.25 as KS Energy share price, then I made a small profit of 6%, excluding the dividends received from the past 3 years.

This is meant to be an analysis of the casino demand dynamics --- not the IR. As far as I'm concerned, the centerpiece of both the developments is the casino, and everything else, including the convention centres or Universal Studios, are but secondary. The casinos are meant to subsidise all the other developments, so if they fail, the peripheral IR developments will be in trouble.So there're "crowds and crowds of people queueing to enter the RWS casino", according to our mass media. Let's sieve out the opinions and go for the facts.The consistent number that was reported is that there were 6,000 visitors to the casino as of 6 in the evening yesterday. The casino openeded at 12 noon. At f...

IndicesSTI2908.42-14.34(-0.5%)FTSE Midcap Index716.65-2.55(-0.4%)FTSE Smallcap Index579.48-0.16(0.0%)FTSE Fledgling Index729.56.18(0.9%)FTSE REIT Index624.04-0.93(-0.1%)Property Index96.420.87(0.9%)Financials Index99.14-1.26(-1.3%)Construction Index108.362.23(2.1%)Commodities Index108.80-0.69(-0.6%)Retail Index111.521.40(1.3%)Env/Water Index101.74-1.24(-1.2%)Energy Index170.41-1.40(-0.8%)China Index106.88-1.69(-1.6%)FTSE China Index307.6-3.31(-1.1%)HotStocksNot Indices Charts(Note: Trendline for the week is enclosed between two blue lines on the charts)Property Sector IndexFinancial Sector IndexConstruction Sector IndexCommodities Sector IndexRetail Sector IndexEnv/Water Sector IndexOil&Gas ...

Some pictures for starters:Shipping container cityTrailer trash livingA Singapore condo in developmentI hate it when some "award-winner" comes up with crap and brands it as creativity, and his customer falls for it hook, line and sinker. The parallels are obvious; a picture (or rather three) tell a thousand words. I will never buy this rubbish because I won't know which way to turn when I come out of the lift.This is not an advertorial. Hahaha....

Incredible! Comparing Temasek to Berkshire Hathaway and concluding that the former has outperformed the latter!I have no problems with an incredulous claim if there's solid evidence to support it. But like somebody else from another forum has said, how can you conveniently use Berkshire's share price as an estimate of its return when it is a function of the market, and then use another measure for Temasek which is an unlisted group? The correct way to measure it would be to sum up the market value of all Berkshire's listed stakes and do an estimate of the value of its unquoted stakes, then do an apple-to-apple comparison to Temasek. I'm sure it will be much more accurate (and uncompliment...

I'll make it an exception in posting a non stock-related piece of news on this blog. This is because I hate kateks who wish the whole world to die so that they can gain.From Associated Press/Yahoo 2 May:The swine flu outbreak that has alarmed the world for a week now appears less ominous, with the virus showing little staying power in the hardest-hit cities and scientists suggesting it lacks the genetic fortitude of past killer bugs.President Barack Obama even voiced hope Friday that it may turn out to be no more harmful than the average seasonal flu.In New York City, which has the most confirmed swine flu cases in the U.S. with 49, swine flu has not spread far beyond cases linked to one ...

When you see people wishing for swine flu to kill more people so that their stocks may rise, you know that these are the people who should be exterminated by the virus in the first place.Die kateks die. Pui.

(P.S: Sorry for any disturbances the advertisements above may have caused you)Main issues1.Weak sector outlook2.SOTP valuation is below current priceI have been very bearish on property for quite a while, and this latest hotstocksnot coverage shows that I have not lost this pessimism over this sector yet.My recent views over Singapore property are well-documented in my Trendspotting blog article in February titled "Continued weakness in Singapore residential housing". In it I outlined the liquidity situation, supply-demand dynamics and valuation comparison to historical prices and concluded that private residential demand plus prices will remain weak through the next 1-2 years. My views s...

IndicesSTI1596.9212.06(0.8%)FTSE Midcap Index310.630.67(0.2%)FTSE Smallcap Index240.96-7.96(-3.2%)FTSE Fledgling Index347.353.87(1.1%)FTSE REIT Index307.132.80(0.9%)Property Index40.05-0.41(-1.0%)Financials Index51.740.26(0.5%)Construction Index41.780.75(1.8%)Commodities Index43.331.18(2.8%)Retail Index58.500.56(1.0%)Env/Water Index36.221.74(5.0%)Energy Index62.831.66(2.7%)China Index48.871.10(2.3%)FTSE China Index137.16-4.86(-3.4%)HotStocksNot Indices Reconstitution: 20 Jun 2008Property Index: Individual Component Stock ChangesThe base index for the Property Sector Index, based on 11 Jul 08, starts from 100.Financials Index: Individual Component Stock ChangesThe base index for the Financ...

Barack Obama getting tough on 'Wall Street idiots'WASHINGTON: A day after President Barack Obama bashed bailed-out banks for giving huge bonuses, the White House pledged action against such Wall-Street "irresponsible" behaviour and a Democratic senator proposed capping executive salaries at companies accepting government funds."We must have our financial institutions survive but not with a culture that thinks it's all right to kick the taxpayer in the shins," Senator Claire McCaskill said proposing a law that would prevent executives from making more than the $400,000 salary of the US president."I am mad," McCaskill said in an angry speech on the senate floor. "We have bunch of idiots on ...

(P.S: Sorry for any disturbances the advertisements above may have caused you)Main issues1.Rents set to fall2.Interest expense set to rise3.Relative yield valuation is not attractiveAnd finally I resume my Hotstocksnot coverage. It has been a turbulent year and I have been so absorbed, enthralled and traumatised by the stock market that I preferred to spend time on my own stockpicking rather than highlighting hotstocksnots. Besides, valuations had plunged and it was getting difficult to find overvalued stocks.CapitaCommercial Trust (CCT) had dived together with the general market, especially with the REIT segment, since the middle of 2008, hitting as low as 60 cents in early December. It ...

This is not the first time people have complained about mis-selling by irresponsible financial advisers at various financial institutions. In 2004 when CAO collapsed there was also an uproar over the Rainbow equity-linked notes issued by DBS whose return was apparently linked to the WORST return from ANY stock within a contract-specified basket. Heads I win and tails you lose --- that's how overly-complex structured notes work. The target audience, it has turned out, appears to be the elderly who look to put their money in fixed deposits but end up being persuaded to buy structured notes which are "capital-protected". Now if post-mortem newspaper analysis reports had not enlightened me on...

As I mentioned in an earlier writeup on the new FTSE indices, the sector indices produced by them are not up to scratch for various reasons (will elaborate individually below). Meanwhile SGX has discontinued the previous sector indices that they used to generate. I don't really know what they are doing. So I decided to produce several own sector indices to fill the gaps. Below are my new sector indices with the component stock listing, using the same index calculation methodology/conventions as for my current sector indices. They will start running effective tomorrow (14 Jul).New IndicesThe new sector indices are:1. Commodities index (this theme has to be tracked given its prominence)2. C...

Since I formed my various sector indices in June 2006 I have not reviewed the component stocks, only removing certain ones when they were delisted. Since it's exactly two years to the month since then, I thought it's a good time to review the stock components and add new ones/remove old ones where appropriate. Below are the revisions, effective immediately.Choosing of component stocksTo recap:Component stocks are typically chosen on the basis of the following:1. Market cap 2. Trading liquidity 3. Track record 4. Expectation of future performance (stability, growth, trading liquidity) 5. Intangibles (eg. institutional coverage, relevance to China sentiment, mindshare in investors' and trad...

No, this is not a hotstocknot article. I wrote this article for NextInsight about one of the lesser-known stocks in my virtual portfolio, and thought I'd reproduce it here in my blog. As always, grab the facts, but be sceptical of my opinions and think it through yourself. You may be aware of a Stock Challenge organized by NextInsight and that I am one of the invited participants. In my virtual portfolio is a stock called Silverlake Axis, and I’m writing this article as many people are not familiar with it. The company is a software services provider for banks, with a focus on Asian banking. Here is how the company describes itself on its website: “Silverlake Axis is a leading provider of...

I agreed to take part in a stockpicking game by Nextinsight recently where I would choose stocks to buy given $100k (hypothetically of course). Since the picks were published over there today, I thought I'd replicate it here as well for readers' interest:Note that I could easily switch stocks, so please take my views with a pinch of salt and do your in-depth research accordingly. Also, I won't be following up on this investing game in my blogs. For regular updates, you can go check out the Nextinsight website (www.nextinsight.com.sg) where they do the writeups.

The following story is protected material under the copyright act. All rights reserved. No part of the material may be re-produced in any form by any means without the written permission of the author – me lar (fclim). In case you are wondering, figures and names are quoted are fictitious...Cash over valuation- Adventure of the magical deal1. Deciding to sellMy name is Frank and I am in my mid-30s. Like most typical locals, I stay in a HDB flat, which has an outstanding loan that would require me to work and pay off the loan for almost the next 30 years.The fact that I need the job for the next 30 years has always been on my mind, especially having gone through some recent uncertainties, ...

(P.S: Click on the pictures to get a better view)A belated semi-annual review of my hotstocknot picks. Remember that reference comparison prices are stock prices on the last day of 2H07 ie. Dec 31 2007.As before, I review two lists of the stocks: the more recent picks from May-Oct 2007, labelled 2H07 Assessment, and the picks slightly further back from Jan-Apr 2007, labelled 1H07 Assessment. This constitutes my half-to-one-year medium-term horizon where I typically judge the performance of my picks.As before, the mark of excellence is the 20% threshold for half-year comparisons (1H07), it becomes 40% for full-year comparison (2H06). As before, I concentrate on total return --- the price p...

I just checked from Google Adsense that the Search feature provided above was actually used by many readers to find Edison Chen photos. Quite surprising.But anyway, here's a nice link as my show of appreciation to all you lusty oops I mean great readers out there. Check it out for 430+ photos compiled into one movie:http://www.logavideo.blogspot.com/

(P.S: Sorry for any disturbances the advertisements above may have caused you)If this overview is written at the end of 2008, it would be much clearer whether 2007marked the decisive turn of the 4-year global bull market or whether the now infamous subprime issue was another wall of worry that the bull market eventually scaled gingerly. As it is, the bull market that reached near-hysteric proportions by July 07 was cut dead in its tracks by the sub-prime crisis that unfolded and the volatility since then has been amazing; market strategists are left equally divided on the likely market direction in the coming year, and the general consensus is that the volatility will continue. Right righ...

Asiatic Group Holdings - Half Year Financial StatementOutstanding piece of work! :)http://tinyurl.com/2vk43t (link opens another window to SGX website on the statement)My thoughts:1. Its a growth story... I think it is just the beginning... and I hope the management will be watchful about the corresponding increase in expenses...2. Interesting operating cashflow... The next financial statement for 2H-08 would see whether it is sustainable...3. Its asset is another interesting find... almost 50% of its assets (~ $33.8 mil) is fixed property / equipment. Another 25% of it (~ $16.9 mil) came from long term finance, rights and bond issues... hope it does'nt need this type of funding in future...

Final Poll Results: 63:27(P.S: Sorry for any disturbances the advertisements above may have caused you)Main issues1. Cyclicality of industry might be overlooked2. High current valuation for construction segment3. Limited upside for current property developmentsLian Beng is one of Singapore's largest home-grown builders and is poised to benefit from the multi-year construction boom seen to last for the next 2-3 years at least. The market has recognised this and run up its price from ~15 cents at the start of 2007 to >60 cents today. This will be another hotstocknot call on valuation grounds.Firstly, it is important to recognise that construction, as a downstream service provider to propert...

The new FTSE indices start running tomorrow and so far the new STI plus the China theme index are the ones that have been given more press attention. Of course, below the new STI index are the midcap index, smallcap index and then the fledgling index (interesting name). And there are a whole host of sector indices tracking the various sectors. The FTSE site does not seem to explictly present the stock components of these various indices, so I did some data crunching and the index constituents for each index are presented below, together with my comments if any. The constituents are sorted in descending order of index weight (which is a function of adjusted market capitalisation):New FTSE ...

Final Poll Results: 10:3(P.S: Sorry for any disturbances the advertisements above may have caused you)Main issues1. High valuations2. Concept/growth stock will find difficulty in attracting further money given current tight liquidity environmentIt has been a while since my last writeup and it's time I got back to my old routine.It seems mightily obvious that tomorrow the market will drop and hence my call materialises straightaway, but a reminder: my call is more for the medium-term of 6-12 months, and anyway a weekend is when I feel like doing some research and do my writeups.The "honour" this time round belongs to Ezion, known several months back as Nylect and going nowhere both busines...

SGX Announcements of AsiaticOne more bookmark for you (link to SGX website):Asiatic - http://tinyurl.com/2mvvmqDisclaimer: Completeness, accuracy and opinions based on information and comments mentioned via this website cannot be guaranteed. Investors should always conduct their own research before making investment decisions.

(P.S: Click on the pictures to get a better view)My semi-annual review of my hotstocknot picks. As before, I review two lists of the stocks: the more recent picks from Nov 2006-Apr 2007, labelled 1H07 Assessment, and the picks slightly further back from Jul-Oct 2006, labelled 2H06 Assessment. This constitutes my half-to-one-year medium-term horizon where I typically judge the performance of my picks.As before, the mark of excellence is the 20% threshold for half-year comparisons (1H07), it becomes 40% for full-year comparison (2H06). As before, I concentrate on total return --- the price plus incorporation of all dividends during the period in question, as well as any stock splits/bonuses...

2Q07 SummaryFirst of all, note that the 2Q performance lasted from start of March until 29 Jun, the last trading day of 2Q. I have been one week late in coming up with this review so do not mistake the closing prices as that of last Friday's (6 July already).It has been a scintillating second quarter. Yet again there is a dramatic rebound from a sharp market downturn, similar to that in May 06. However, it appears that this time the rebound was even quicker and stronger. I estimate that indices were back to new highs within one month of the sharp drop, while it took several months for the market to recover from May 06.It cannot fail to escape market watchers that small caps in particular ...

Dear all,Another investment learning... wished I had more patient... enjoy reading...Earlier this year (Jan-07), I had expressed my keenest interest and promoted this 'fellow'... For details of past postings, see http://tinyurl.com/28ngzdAfter this fellow went up by about 20% in the following month (Feb-07), I actually dumped it for what I thought was another 'better' play...Needless to say, the 'better' play does not turn out that 'better' afterall...In the meanwhile, this good fellow continued to do great things for its shareholders... besides delivering what it promised to do in its new area of business (power generation), it continues to enhance its bread and butter business (fire pro...

SGX Announcements of Chuan Hup, First REIT, SPC, SingPost, SingReA list of bookmarks for you (links to SGX website):Chuan Hup - http://tinyurl.com/2w485nFirst REIT - http://tinyurl.com/2ztv3nSPC - http://tinyurl.com/yr4vfsSingPost - http://tinyurl.com/26heq9SingRe - http://tinyurl.com/25l8u8Disclaimer: Completeness, accuracy and opinions based on information and comments mentioned via this website cannot be guaranteed. Investors should always conduct their own research before making investment decisions.

The following is an informal and fun quiz. Please do not take it as a serious guide / advice. So, just relax and have fun 'playing'...Instruction:Read through the following questionaire and note down the number of Yes / True as you go down the list. The scoring table is at the end of this questionaire.I check the stock market & share prices every 5 minutes or less. Anything less, I become physchologically unsecured.One of my webpage is permanently fixed on either ChannelNewsAsia Finance, Philips Stock Brokerage, Kim Eng Stock Brokerage, Yahoo!Finance, CNBC Finance, MSN Finance and / or any other website that has news relating to the stock market.I do not know what is the underlying busin...

Top 10 things to do when the market is not going according to your direction!10. Cry out loud (1-3 times maximum) and hit myself on the chest (for 10 times maximum) for being such a fool to listen to rumours.9. Start to make plans to recover from the mess, i.e. start making the list of who to call to borrow $$$. If need to, visit Credit Counselling Singapore at http://www.ccs.org.sg/8. Promise myself never to bet on the stock market again. Repeat this step again for as many times as I like (no maximum).7. Go and catch a movie that has nothing to do with the stock market, possible candidates are Shrek and Pirates of the Caribbean.6. Go for a jog in McRitchie reservoir - take in some fresh ...

SGX Companies with Profit Margin More Than 35% This is an initial list of of companies that seems 'interesting' to review. :) Of course the usual disclaimer applies... And of course, the data may not reflect the latest companies announced results.Have fun reviewing the list...Warm regards,Fu Chinhttp://valueinvestmentonsgx.blogspot.comS/NoCompany nameMarket Cap ($mln)Operating Profit Margin (%)1HONGKONG LAND HLDGS LTDUSD 10833.344399.82UNITED INDUSTRIAL CORP LTDSGD 4297.7381673FORTUNE REAL ESTATE INVESTMENTHKD 4965.448162.54GENTING INTERNATIONAL PLCSGD 5141.991143.65CHINA MILK PRODUCTS GROUP LTDSGD 878.22085.56SILVERLAKE AXIS LTDSGD 924.82567.17GOLDEN AGRI RESOURCESGD 6224.11266.98SINGAPO...

Final Poll Results: 30:14(P.S: Sorry for any disturbances the advertisements above may have caused you)Main issues1. Historical margins and high valuations suggest little further upside2. Unconvincing track record3. Incongruous expansion strategyI have been bullish on the infrastructure sector for a long time now ("Infrastructure boom"), and the current optimism on construction stocks has vindicated my views. In light of the ongoing regionwide infrastructure boom, why a bearish call on Tiong Woon?This is not because of a pessimistic outlook on the sector per se; the benign outlook on infrastructure and construction in Asia remains intact. It is more of a valuation call, reflecting my view...

Report on SingPost Compiled on 29-Apr-2007 and I am vested in this company.About the company:SingPost is Singapore’s leading provider of domestic and international postal services in Singapore. It offer one-stop logistics business solutions and through our extensive retail distribution network in Singapore, a comprehensive range of postal, agency and financial services. 1. Risks and counter actions(a) Since the domestic postal delivery market has been liberalized on Mar-07, there has not been a credible competitor "appearing" for the domestic mail delivery. I highly suspect that the setup costs and the potential benefits of a duopoly may not be that attractive afterall. Nevertheless, the ...

Will my $30K grow into a $1mil gold pot? Episode 2Apologies for "missing-in-action" for a long while... hey 27 days in this instant-gratification, can't-wait-a-second, e-Era is like ages? Hmmm... back to the topic on hand... === Part 1 ===First things first, if you have not read the first episode, you may like to do so before proceeding. Otherwise, some of the stuff may not really make sense... :)Remember about the winning combinations of $33.8k, 12% compounded, 30 years = $1+ mil?? Well, with my limited financial intelligence (what do you expect? I'm a comp sci grad!), I could not find a financial instrument that could have that kind of consistency returns, at least over the last 10 year...

Will my $30K grow into a $1mil gold pot?=== Part 1 ===Last Friday, on the my MRT trip back home, I overheard an interesting conversation between 2 guys. One of the guy is in the early 30s? (lets call him Yuppie) and the other in late 50s? (Owen) . It went something like this: Owen: You must buy a house lar! My mother recently sold her house for more than $125k! When she bought in the 60s, it was only $6k!Yuppie: But now housing so expensive! That generation is over liao....=== Part 2 ===Wow! I thought to myself from $6k to $125k! As soon as Mr. Yuppie and Mr. John alighted, I whipped out my trusty scientific calculator and start punching in... [125] [/] [6] [=] [x^y] [(] [1] [/] [42] [)] ...

Chuan Hup - latest development Dear friends,As you might already know, I participate quite actively in wallstraits.com forum. The following is an extract of my posting about the latest development on Chuan Hup....================================================Originally posted by Old FriendHi Limfuchin san,Understand from your previous post or your website that Chuan Hup is still undervalued at 34cts. Now, with a takeover offer at 34cts on the table (see attached link), what is your views on Chuan Hup now?http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/4586df8c7ffe78654825729c003a293d?OpenDocumentThanks in advance! :)================================================Dea...

How to Cope with Financial AnxietyDear friends,Tips for dealing with stock-market stress http://tinyurl.com/39p7mmUseful article that calm my nerves....Hope it help you...Regards,Fu Chin Disclaimer: Completeness, accuracy and opinions based on information and comments mentioned via this website cannot be guaranteed. Investors should always conduct their own research before making investment decisions.

A reference for you - My current portfolioDear friends,For your kind reference, you might wannna take a peep at my current portfolio as of 07-Mar-07...AllocationCash & money market: 63%Shares: 37% Singapore Stocks ChuanHup purchased at $0.33, speculative - expecting growth & dividend.First REIT purchased at $0.77, speculative - expecting dividend.QAF W091116 purchased at $0.18, speculative - expecting growth in QAF, 2 years ago.SPC $4.16 Speculative - expecting dividend.US StocksBERKSHIRE HATHAWAYB purchased at $3,510.00, defensive, based on past record.GLAXOSMITHKLINE PLC purchased at $54.96, speculative - expecting growth.PROGRESSIVE CORP purchased at $23.66, speculative - expecting gro...

3 Reasons why I am still a novice investorDear friends,This is the list of reason why I am still a novice investor.Also, as you read down the list, you will discover why you should take a *huge* pinch of salt from my previous reports. If you already done so, I am gald that I am less guilty of the crime of misleading you.3 Reasons why you should take a *huge* pinch of salt from my previous report:1. I did not understand the business, in terms of: (a) The nature of the business and how the company generate its profits (b) Whether the company had a good history (at least 5 years) of generating profits and (c) Whether the company had a sustainable competitive advantage (by earning power / mon...

Link to an interesting website - Ask Dr Moneyhttp://www.askdrmoney.com/This is a wonderful website which I stumbled sometime back. It is very pro-consumers. Hope you find it useful! :)Warm regards,Fu ChinDisclaimer: Completeness, accuracy and opinions based on information and comments mentioned via this website cannot be guaranteed. Investors should always conduct their own research before making investment decisions.

Increasing my cash positionDear friends,I just like to let you know that I am increasing my cash position and my target is to have about 85% cash. So, as and when possible, I will be selling out the stocks, including those on my watchlist. The reason for the target is to gear myself up, to be cash rich when good opportunities arises. Over the last 2 weeks, I have not been able to convince myself of any good company at attractive prices, both in the US and SGX market. Having said that, I will start buying again, when there are good companies at attractive prices.If you are curious, I am "parking" my cash in a local insurance company's money market fund. Hopefully, the interest earned will ...

Asiatic Group - hoped that you have gained from it...On 21-Jan-07 (Sunday Times), I speculated that 3 stocks will go up by 25%. I am not quite convinced myself then. :) Well, if you had went along with the speculation, you would be 25% richer... Are you asking... what? Will it go up somemore? I dunno! I suspect so... Till what? Hey, I am just a novice, with only 2 years of investing experience! Further, this is just my passion and not my full time job! :)Anyway, during my research in early-Jan 07, its trading price was around $0.19. At the end of today's trading it is about $0.24, thus an increase of about 26.3%.All related postings about this company can be found here: http://tinyurl.com...

My Watchlist on 05-Feb-07Dear friends,As the market rallies to new heights, I am getting more worried about the next correction. However, as I have been prudent (hopefully) with my purchases, I do hope to keep invested for the long term. However, the temptation to take profits is high... Do share your comments / thoughts... :)A consolidated watchlist, for your reading pleasure: S/No Company Name Evaluation Date NAV Price Bought Close Price Gain / (Loss) Report Links1Asiatic 05-Jan-07$0.25$0.197$0.2054.06%Click here2SMRT* 19-Jan-07$0.398$1.14$1.5132.45%Click here3SPC 09-Jan-07$2.95$4.14$4.467.72%Click here4Straits Trading 28-Dec-06$3.62$3.50$3.849.71%Click here5F&N 14-Jan-07$3.07$5.35$5.40...

Poh Tiong Choon Valuation ReportEvaluated on 01-Feb-2007 and I am currently not invested in this company.About the company:Core Business: The principal activities of the Company consist of the provision of services relating to land transportation, warehousing,stevedoring, container services, hiring out of equipment, leasing and general contractingDate of Listing: Apr -1999What I like about this company: The company's management are also substantial shareholders (i.e. their fortunes also tied to company performance). Management is very experienced in its industry, since 1950s. Transportation industry - I like its predictability... market up or down still need transportation. The only risk ...

Value Investment on Singapore Stock Exchange - My Watchlist on 29-Jan-07Dear friends,A consolidated watchlist, for your reading pleasure: S/No Company Name Valuation Date NAV Close Price Max Price Invested? Report Links1Asiatic 05-Jan-07$0.25$0.21$0.28YesClick here2SMRT 19-Jan-07$0.38$1.45$0.62YesClick here3SPC 09-Jan-07$2.95$4.42$4.71YesClick here4Straits Trading 28-Dec-06$3.62$3.80$4.37YesClick here5F&N 14-Jan-07$3.07$5.35$3.76NoClick here6HTL 28-Jan-07$0.54$1.02$0.95NoClick hereDisclaimer: Completeness, accuracy and opinions based on information and comments mentioned via this website cannot be guaranteed. Investors should always conduct their own research before making investment deci...

Value Investment on Singapore Stock Exchange - Valuation Report of HTL International Evaluated on 28-Jan-2007 and I am currently not invested in this company.About the company:Core Business: Manufacturer of leather sofas and leather upholstery hides since 1976, with facilities in China, Malaysia and Singapore. Date of Listing: 1993What I like about this company: Its Revenue, Profit and EPS has been increasing steadily over the last 5 years. Its customers are mainly from overseas, with Europe and North America accounting for more than 70% of sales. The management are also the substantial shareholders. The management focus on the development of its 'skills and capabilities' (know-how) of it...

Value Investment on Singapore Stock Exchange - Valuation Report of Singapore Exchange (revised on 28-Jan-2007)As correctly pointed out by 3 blog readers (thanks folks!), the original post contains several data errors. Thus this posting is revised (original values in red, revised values in blue) to reflect a more accurate valuation. After correcting the data errors, the final word and conclusion is the same as the previous stand.Evaluated on 25-Jan-2007 and I am currently not invested in this company.About the company:Core Business: SGX owns and operates the only integrated securities exchange and derivatives exchange in Singapore and their related clearing houses. Date of Listing: Nov-200...

Next posting will be likely on 27-Jan-07Hi everybody,Apologies for not posting this week so far.I'm on overseas trip and have limited internet access. Thus, the next posting will most likely appear on 27-Jan-07.Warm regards,Fu Chin