Tuesday, December 31, 2013

2013’s parting note to All readers




Today is the last day of year 2013. In a few hours, we will usher in a brand new year. Though in my earlier posts, I have shared with you readers on my review for year 2013 as well as some of my thinking of equities for the coming New Year, I still feel the itch to write on this blog on the final day of the year.

For the final day of the year is always special as this day feels like the cusp into a brand new beginning for all of us. Actually I should not use the word “feel” as this day is really the cusp into a brand new beginning and year for all of us. This is the reasons why many people party on the eve of New Year amidst fireworks in the hope of better things to come for all of us for the coming New Year.

Monday, December 30, 2013

Top Ten Stocks for year 2014: recommended by analysts & my recommended list

I read The Sunday Times article which complies a list of top ten stocks recommended by stock analysts for year 2014. These are the stocks:

1) Reits: CapitaCommercial Trust

2) Offshore & Marine: Ezion, Keppel, Sembcorp Marine and Nam Cheong

3) Banks: DBS

4) Healthcare: Eu Yan Sang

5) Consumer Goods: Osim

6) Commodities: First Resources

7) Hospitality: Genting

Sunday, December 29, 2013

Another Finance Blogger speaks up against being plagiarized !

Following my post yesterday that my contents have been replicated in another blog without my permission, word by word; the owner of “Lady You can be Free” has found that she is in the same shoes as me, her content have been replicated in the same blog above. You can read her post about being plagiarized here.

I am also surprised that the owner of “Lady You can be Free” has also had her contents plagiarised. I wonder how many other financial bloggers may find themselves in the same shoes of being plagiarised like me and the lady owner on that particular blog.

Saturday, December 28, 2013

My blog has been plagiarized!

I was quite shocked to read that some of my articles which I have written with my heart and mind have been replicated in a financial blog called Passive Cashflow Seeker word by word without my permission.You can judge it for yourself: my post of stocks to buy for year 2014 and this is the replication of my post on the other blog.

I am also a regular reader of The Motley Fool Singapore, a financial blog started by the highly-regarded David Kuo. I noticed that some of the posts from Passive Cashflow seeker are identical to the posts in The Motley Fool ("TMF"), a financial blog started by reputable David Kuo:

Compare "CapitaMalls Asias Latest Mega Project" on TMF with this post.

Compare "Four Financial Terms a New Investor must know" on TMF with this post.

Compare "Three Shares that beat the market today" on TMF  with
this post.
 

Friday, December 27, 2013

Of Fried Chickens and Money

This evening, I decided to pamper myself when it comes to dinner. I mean, if you are my regular reader, you would have known that I would try to eat simple food wherever it is possible for health reasons. But not having eaten some meat for quite some time, I decided to give myself a treat by eating some fried chicken. Thus I went to a KFC outlet and ordered a set of two pieces of meat of my choice: one crispy thigh and one original thigh. I was really surprised when I saw that this two-pieces chicken meal set, originally at $6.95 is now $7.70! In percentages term, the price of KFC’s two-pieces chicken meal has increased by 10.8%! I told the cashier matter-of-factly that the chicken set meal has increased in price and the cashier replied coolly that while the chicken set meal has increased in price, other food items has decreased in price. As I am not really hankering for other food items, I was not attentive to what the cashier said. Anyway, I really do not know what has caused KFC to increase its two-pieces chicken meal by such a large percentage!

Thursday, December 26, 2013

Three important things that are more important than making monies

It has been quite some time since my previous post on this blog. From early December 2013 to just a few days ago, I have been subject to quite some stresses physically, emotionally and mentally. I would not want to elaborate on the above further but I would just want to stress three important things to you readers; three important things which are more important than making monies.

The first important thing is to cherish and value your loved ones. Show that you care for them and that they are important to you. Perform simple acts of gratitude and appreciation to show that you love them. If you would like to fulfil a promise to them, do the promise as soon as you can; do not keep waiting and waiting to have the time to cherish your loved ones as time may not always wait for you.

Sunday, December 22, 2013

Higher Interest Rates & Higher Prices … on your wallets

The figures released from US all point to a tapering of the Quantitative Easing by the Federal Reserves so much so that it is now a question of when rather than a question of whether or not. With the tapering of the Quantitative Easing, interest rates will go higher and all of us will have to adjust to higher interest rates. However I believe our government has more or less prepare Singaporeans for the days of higher interest rates from its previous measures such as the Total Debt Servicing Ratio (TDSR) and the cooling measures on property. From the perspectives of the stocks markets, when the scaling back of the Quantitative Easing comes, stocks like Reits may head south.

Friday, December 20, 2013

Asiasons article on The Edge Singapore: some questions from a reader

A reader sent me an email on his take on Asiasons stock after reading my article on Asiasons stock in my blog. I feel that the questions raised by the reader are insightful and the following are the take of the reader with regards to the Asiasons article on The Edge Singapore, reproduced with the permission of the reader:

1) "Special Technique". The article quoted the CEO of Black Elks talking about how the company "shine" the assets to higher valuation before selling them off. I will ask myself, what "special" technique? Does Black Elks has propriety technology or technique for this?

Thursday, December 19, 2013

US Federal Reserves scale down tapering: what's next for Singapore Stocks?

The US Federal Reserves finally announced that it will carry out tapering in a slow manner. The US Federal Reserves will scale down the bond buying at US$85 billion per month by US $10 billion per month in the next year. Looking at the Singapore stocks market today, the STI is flat at minus 0.07%. Let us take a look at the Reits, which are often said will be most affected by any tapering measures: for today, most of the Reits closed higher, with the exception of CapitaMall, Ascendas Reits, Capital Commercial Trust, Sabana Reit and SPH Reit which went down by around 0.3% to 1% as well as for PLife Reit and Frasers Centerpoint Reit which closed flat.

David Kuo of The Motley Fool Singapore: stocks perspectives

Last Tuesday afternoon (10 Dec 13), I listened to a programme called “Moneywise” on FM 93.8, a Singapore news radio channel in which David Kuo, the CEO of The Motley Fool Singapore was invited to share his perspectives on equities. I do not really listen to the radio frequently and hence I was pleased to listen to a topic of interest to me on radio. David Kuo gave his take in the programme on equities and I thought I may just share his views to you readers as well.

Wednesday, December 18, 2013

Asiasons stock

Asiasons is the cover story for “The Edge Singapore” this week. I think I need no further introduction for Asiasons stock to you readers as this stock, together with Blumont stock and LionGold stock were the three penny stocks which “dived” in their stock prices in October 2013 and sparked some sorts of a “penny stocks crisis”

Jared Lim, the CEO of Asiasons was interviewed for The Edge’s cover story. As reported in the article, Jared was upset that Asiasons’ stock price is currently trading at low prices (around one-twentieth of the $3 peak price) as Jared has built up the company with his management with hard work over the years. Nevertheless, Jared has since not dwelt on the penny stocks saga as he outlined the plans for the company in the report.

Tuesday, December 17, 2013

Centurion Stock

I first came across Centurion Stock in an analyst report in which the analyst gave a “Buy” call for the stock as one of the stocks which investors could consider investing for the year 2014. Centurion Stock made headlines once again as it announced plans that it would be purchasing some hectares of land in Jakarta for the development of worker accommodation. Yes, that is the core business of Centurion: building worker dormitories and worker accommodation. Workers, in this post mean migrant workers who are mainly construction workers.

What tapering really means?

If you have followed my blog closely enough, you would have realised that I have not really blogged or focused on certain stocks in the recent posts. What I have been blogging in my recent posts are topics of a more general nature. Well, why did I not zoom in on certain stocks and give readers my take? It is because now, our Singapore stocks market is really swayed by news of any possible tapering of the Quantitative Easing from the US. Against this backdrop, I feel that it is not really that useful to offer my take on how certain stocks will perform in their stocks prices based on the technical analyses.

Monday, December 16, 2013

Of Teh Hooi Ling’s investing in the old age

I read Teh Hooi’s Ling financial commentary in The Sunday Times on 15 December 2013. If you do not know who Teh Hooi Ling is, let me just give you an introduction. Teh Hooi Ling was a very senior and reputable writer in Singapore Press Holdings whose forte is in financial matters. Teh Hooi Ling has published many financial books too. It is hence quite “natural” that Teh Hooi Ling is now an asset manager in an assets firm. Teh Hooi Ling’s financial commentary in in The Sunday Times on 15 December 2013 was written in her capacity in her new job as the assets manager.

Sunday, December 15, 2013

Linc Energy IPO

Linc Energy launched its IPO on 12 December 2013. Linc Energy is offering 47,850,000 shares at $1.20 with 500,000 reserved for the public. The closing date of Linc Energy IPO is 16 Dec 2013 at 12pm.

Investors should note that Linc Energy was delisted from the Australia Stock Exchange so that it can now list on SGX to improve its access to capital markets and to reposition itself for long-term strategy growth. Linc Energy consists of three divisions, namely: Conventional Oil & Gas, Unconventional Oil & Gas and Coal; as such I quite like the fact that it is a diversified energy company. From the prospectus, it seems to me that Linc Energy seems to pride itself on having a competitive advantage of using a technology called “UCG” to produce diesel and jet fuel which it believes that it is the only company in the world with this technology.

Friday, December 13, 2013

Singapore Stocks Investing: motivation to Blog

It can be no mean feat balancing the writing of this blog with the daily tasks. However, I have the commitment to write this blog, for you, readers. The commitment comes from my heart: when I write each and every post of this blog, I write from my heart. While some bloggers may be more fascinating with their types of writing, impressing trade records and fanciful charts; I write in a truthful manner. I share candidly with readers my investment and trading experience and the rationale behind some of my trades. I also cover more than just stocks, by touching on all aspects of wealth: health, wealth protection and wealth creation. I also share with readers things that may be of interest to your investments and trading.

Thursday, December 12, 2013

Eu Yan Seng and Eu Tong Sen

I watched a documentary on Eu Tong Sen which screened on Channel 8 on 26 November 13. I am impressed at Eu Tong Sen after the show. By age 30, Eu Tong Sen has become an influential person and the richest man in South East Asia then after making a fortune from tin mining, starting from scratch. Eu Tong Sen is really an impressive figure and according to the documentary, it took almost 50 years to calculate the total wealth of Eu Tong Sen. Eu Yan Seng started from the times of Eu Tong Sen and even Eu Tong Sen’s son, Dr Richard Eu is already in his 90s.

Wednesday, December 11, 2013

Health is Wealth

I just had a McDonalds extra value meal lunch. The lunch cost me $6.60. I consider the meal a luxury meal which I tried to partake in only once a week. I feel quite guilty eating the meal though the meal made me happy. I feel guilty as normally I will pay around $2.50 to $3 for a meal outside; the McDonalds extra value meal is almost double the price of what I normally eat outside.

Tuesday, December 10, 2013

Of Shoes and Monies

Yesterday, when I was outside, one of my slippers suddenly became detached. I have already noticed that the slipper’s string-like support has become torn but I thought that the slipper can still last me for quite a while as the slippers were after all, bought from a reputable shoe brand shop at a relatively high price (if I could recall correctly, I think it was around $30 for the pair of slippers). To think that the slippers from a reputable chain could become spoilt so easily, I am quite disappointed.

Monday, December 9, 2013

What an American Breakfast taught me about Money?

Today, I have an American Breakfast for breakfast. The American Breakfast comprises a toast with margarine spread, two hot dogs, scrambled eggs and a cup of hot kopi. With the above description, it is typical to assume that the American Breakfast will cost around $5 in a modest café or around $8 in a upscale cafeteria based in places like shopping centres. Can you guess how much I paid for the breakfast? The meal features at $2.70 and after a 10% membership card discount, the American Breakfast just costs $2.43! Wow, it is really too attractive a price to pay for an America Breakfast.

Sunday, December 8, 2013

Stocks to buy for Year 2014?

“Stocks to buy for Year 2014?” is the second post of a two-parts series on what Singapore stocks to buy in year 2014 (based on my thinking only) in this blog. The first post is “Singapore Stocks to buy for Year 2014: Eight undervalued Stocks?”, do sure to read this post as well; anyway let’s continue from the above first post:

(5)Hu An cable stock : this is a neglected S-chip stock which is backing on the China’s economy story. I think this stock will do well with increasing power consumption as China’s economy continues to grow. With an NAV of 20 cents and a current market price of 12 cents, the upside potential is 75%. I think however investors will really very slowly warm up to Hu An cable stock as investors have been spooked by S-chips. Do note that this stock can fluctuate at times in a price range of 8cents to 13cents.

Saturday, December 7, 2013

My Investments in year 2013: Part 3

(continued from Part 2) Before I decide to close and finalize my investment stock portfolio for year 2013, I liquidated quite a large portfolio of my investments and with the liquidity bought some defensive stocks which also pay regular dividends. I do that as to balance my stock portfolio which is really quite “cyclical”.

Okay, that’s all for my sharing of my investments for year 2013. I would also like to Thank You for supporting and reading my blog. I am humbled to know that there are actually investors who are millionaires following my blogs. I mean, there are so many investment blogs out there with authors who are already millionaire investors and who post regular blogs on how they make thousands and thousands of dollars on the stock markets every day, amidst the competition from these millionaire investors cum bloggers, I am heartened that my blog has found some followers.

Friday, December 6, 2013

My Investments in year 2013: Part 2

(continued from Part 1) Not forgetting that year 2013 may be remembered as the year of the Singapore’s penny stocks saga with Blumont, Asiasons and LionGold diving in their stock prices. It is no joke as many investors’ monies in the tunes of billions evaporated. And to date, SGX has not announced the outcome of its investigations into the penny stocks saga.

I may also remember Year 2013 as the year where I tried my hand at penny stocks. In the days after the southward dive of the three penny stocks, I did some contra here and there in both Asiasons and LionGold stocks. It was not bad, as I manage to derive a majority of my profits wins for year 2013 in just one or two weeks of contra-trading in these stocks, notably in Asiasons stocks. Alas, these three stocks came down once again as lawsuits between Directors and investors of these companies and Goldman Sachs took centre-stage. As a result of the above, my portfolio in these stocks are now locked out with a non-profit. But it is okay for me, as I allocate a very small amount of my portfolio to these penny stocks. I believe in the fundamentals of these three stocks and think that it will just be a matter of times (perhaps after the release of the SGX’s investigations) that investors’ confidence in these three stocks will be renewed, unless there is some fraud in the three companies which I do not think so.

My Investments in year 2013: Part 1

I review my stock portfolio for year 2013 as now is December and I feel it is timely to do so. Year 2013 is a year which sees me improving my proportion of winning trades: I profit on selling in four of five trades as compared to seventy percentage of winning trades for year 2012. However in terms of actual realized profits from capital appreciation and dividends, my performance was not very good; my profits is around 50% less than that for year 2012. The figures are not very surprising to me as indeed for a stock portfolio which is heavily focused on commodities, year 2013 is a year which does not see much of the commodity recovery. Hence I read my report card with not much of a surprise.

Wednesday, December 4, 2013

Stocks Markets commentary: 4 Dec 13

I look at my stock portfolio today and see what was expected in line with the Singapore stock performance today. It is not only Singapore’s stock markets but regional stock markets which were hammered. The cause? Tapering fears once again. The tapering of Quantitative Easing talks reared its ugly heads once again. Market watchers are looking at the key US jobs figures out on Thursday and Friday to deduce clues on the possibility of a tapering of Quantitative Easing in the FOMC meeting in December. Though I hate it, but I must say that this is how the markets react: if there are talks of US QE tapering, the Singapore stocks markets will go south and if there is a delay in US QE tapering, the Singapore stocks markets will go up.

Blumont, Asiasons and LionGold: elicting many suggestions

I read a letter in The Straits Times (3 Dec 13) in which a reader suggested that in the aftermath of the penny stocks saga, remisiers based in the brokerage houses should have access to their clients’ CDP accounts so that they can better advise their clients when it comes to investing as the remisers would then have knowledge of their clients’ risk profile from knowing the type of stocks in their portfolios. While this is quite a noble goal, I believe that should brokerage firms decide to adopt this practice, then the transaction fees incurred by folks who trade will become higher as a result. We should just let brokers do what they are supposed to do and not have them act as a fund managers.

Tuesday, December 3, 2013

Singapore Stocks to buy for Year 2014: Eight undervalued Stocks?

Now that it is quite possible that Singapore stocks are likely to close on a flat note for the year 2013, analysts are giving their stocks calls for the coming year 2014. Reports have been dished out and among their calls are Keppel stock, Sembcorp Marine stock, Golden Agriculture stock, Ezion stock and Nam Cheong stock.

These analysts must have put in some work to come out with their recommendations. They must also have based their buy calls on some financial models. I would also want to share with readers my recommendation of some stocks which I have researched. Take note, please just treat my recommendation as a guide and please do your own due diligence before buying any stocks. I will not be responsible for any investment action that you will take.

Monday, December 2, 2013

Noble Group stock price: what’s next?

After soaring to a high of $1.12 in its recent trading sessions, Noble Group’s stock price has been languishing despite bullish analysis from some analysts. To be fair, the lacklustre performance of Noble Group stock in its recent trading sessions seems to be in line with the overall general sentiment of investors of the broader stock markets. We are in the month of December and it is expected that the stock markets are going to be less of a bustle and hustle (we have seen signs of this). It is also expected that some fund managers have closed off their stock portfolios and are going for their overseas holidays. Being a cyclical commodity trade, Noble Group seems to be the proxy of the overall stocks market and hence are we expecting Noble Group to behave due to the above reasons?

Sunday, December 1, 2013

Stocks Zaobao

Lianhe Zaobao has just launched a new online stock portal. Lianhe Zaobao is Singapore’s leading local newspapers. I read both the Straits Times and Lianhe Zaobao almost every day and I must say that Lianhe Zaobao’s coverage of stocks is on par with Straits Times though I must say I like very much the Invest commentary and Invest Section in the Saturdays’ Straits Times and in The Sunday Times respectively. But one thing that Zaobao has that Straits Times does not have in its business section is a listing of all the SGX stocks performance in Zaobao from Tuesdays to Fridays and hence when I read that this listing will be taken out from Zaobao due to the new Stocks Zaobao portal, I was reminded of how some older investors who are still reeling from the taking out of the teletext (and with it the stock information) may once again do not have access to another readily offline mode of stocks information.

Friday, November 29, 2013

My Investment Portfolio revealed

How time flies. Today is the final trading day of November. Whenever it comes to this period of the year, I will tend to get nostalgic. When nostalgia sets in, I will tend to review my achievements for the year. And when it comes to investments, I will first recall what analysts were saying at the start of the year; notably, I recall how some bullish analysts were giving a forecast of 3,400 for the STI to reach by the end of the year. So, this forecast is not really too reflective of what we see in the STI now, right?

Secondly, when it comes to nostalgia in investments, I will review my investment portfolio for the year. I reviewed my investment portfolio today after liquidating almost 20% of my stock portfolio in Noble stock and Yongnam in the early part of this week. You can read my basis for my liquidation in the earlier posts. Now I will share with you details of my investment portfolio as of today.

Thursday, November 28, 2013

Why I sold Yongnam stocks

Yesterday, I mentioned that I have sold a local construction play. I did not mention the name of this local construction stock as I was still pondering over whether I should tell readers the name of this stock. For, I have in a blog post mentioned that I am into “long position” for the stock as I believe in the long-term prospects of the company. This stock is Yongnam stock. I sold Yongnam stock yesterday before a local bank gave an unimpressive analysis of Yongnam stock and put the stock’s fair value at $0.24; this is the price which I have paid for Yongnam. I sold Yongnam stock at $0.255, making a respectable 6.25% profit margin. I agree with the bank analysis that Yongnam stock is probably fairly valued at more or less $0.25 to $0.26 as its Net Asset Value is around that price range too.

Wednesday, November 27, 2013

Sell off some stocks

Today, I liquidated about 20% of my portfolio in two stocks, for some modest profits. The two stocks are a commodities stock and a defensive construction stock. When it comes to selling off stocks, while one could possibly wait for stock prices to go higher, in today’s stock market, I believe in “making hay while the sun shines”. You may think that 20% is quite a substantial percentage of my portfolio and yes I sold this 20% stock to free up liquidity to add to my savings.

Tuesday, November 26, 2013

Biosensors International Group (“BIG”) stock

When Biosensors International Group (“BIG”) stock headed to close off last week with a good showing at $0.98, I was quite happy for the stock. You see, I have actually had some stocks of BIG stock; however these stocks were bought at high premiums even over the $0.98 price which BIG closed at last week, hence I was thinking that at least on paper, my non-profits would be reduced. The showing of BIG stock at $0.98 was indeed impressive, considering that BIG stock traded around $0.80 quite some time back.

Three Singapore Stocks to benefit from URA Masterplan effect

Ever since the Urban Redevelopment Authority (URA) released its draft Masterplan for Singapore, stocks analysts from brokerage firms and banks have come out in full droves to give their takes on which Singapore stocks would benefit from the draft Masterplan. Okay, before I go into the above, let me just share with you my personal take on the draft Masterplan. I just feel that in general, our country is already quite built-up and hence those scare pockets of greenery should be preserved. I know that there are plans in the draft Masterplan to do up some green spaces but I feel that true rustic nature and those green spaces we do up are really not the same.

Monday, November 25, 2013

Of Goldman sachs and Blumont, Asiasons and LionGold stock

We know that SGX is currently looking into what caused the trio of the “BAL” penny stocks (Blumont, Asiasons and LionGold) to go south, wiping off billions from the stocks markets. I think that until the investigations results are out, the BAL stocks will trade in a consolidating manner. Now, as a result of an ongoing law suit between a lady and Goldman sachs, there has been some speculation that there may be a link between Goldman sachs and the BAL penny saga. Interestingly, the retirement of Mrs Yeo, SGX’s chief regulatory and risk officer has some sent some netizens in some local forums here discussing whether she is retiring due to the BAL penny stocks saga. Actually I just find Mrs Yeo’s retirement quite normal. From what I read, Mrs Yeo was formerly a Deputy Managing Director of MAS before. As MAS is the other sovereign funds company of Singapore apart from Temasek Holdings, I feel Mrs Yeo’s position then was quite equivalent to Mr Ng Yat Chung’s (current CEO of NOL) position at Temasek Holdings when Mr Ng was a Senior Managing Director there. For those of you who may not be familiar with Mr Ng, Mr Ng and Mr Desmond Kuek (CEO of SMRT) were Chief of Defence Forces before taking on the helm of the two public listed companies. Both Mr Ng and Mr Kuek were SAF Overseas Merit Scholars and have served as Administrative Officers, the cream of the crops in the Singapore’s Civil Service.

A cost-effective idea to being Healthy

The very first key plank of a strategy to building wealth is to Save. Most people have the idea that the more one earns, the more monies he will have. Well, in general though this is quite true, there is a quantifier to the above statement and that quantifier is that provided the person saves. And if a person is to save diligently and invest wisely; he is going to increase or even multiply his wealth. So how does one save?

Saturday, November 23, 2013

The next Investment Strategies

It has really been some time since I picked up an investment book to learn about fundamental analysis when I began my investment journey. It has also been quite some time since I have been investing and trading. Having garnered both experience and knowledge, I have formulated my own trading strategies. I am contented to find my strategies working quite well. My strategies are quite simple and as I am not a professional trader, it takes some time for my strategies to yield profits; in other words, I need to have some holding power for my strategies.

Thursday, November 21, 2013

The Greatest form of Wealth

I have always feel blessed to be in relatively good health overall. I have also always not taken good health for granted. I exercise as and when I can, trying to jog at least once a week; for instance, I went for a jog last night despite feeling very tired from the long hours sitting in front of the computer and from enduring the nonsense in the office.

I have also always tried to stick to a good diet; one that does not consist of chemicals, preservatives, too much oil, sugar or salt and one that is focused on fruits, vegetables and vitamins. It is not easy to find food sold outside that satisfy the above criteria. I believe I have consumed quite a fair bit of the above during meals at work despites my best and noble intentions not to do so. Some more, quite often, to escape from the nonsense in the office, I tend to smack on fast food on some days of the week. Fast food consumed in the above context is happy food though it does not really help in my maintenance of good health.

Wednesday, November 20, 2013

Singapore Stocks 2013 year-end rally?

This morning, I opened the newspapers and read that some analysts are forecasting that there will not be really a year-end rally for Singapore stocks unlike that for year 2012. The analysts interviewed predicted that stocks may just inch up slowly to the effect that the STI benchmark would hover around 3,200. Indeed, I shared the analysts’ views that stocks here may not be experiencing a bull run to cap off year 2013. At the start of year 2013, we have analysts in full droves, mostly predicting that year 2013 will be capped off by a STI which could reach as high as 3,400 in some analysts’ views. What we repeatedly see this year is Singapore stocks reacting to tapering news every now and there. Even the comments from Jane Yellen, the successor for the Federal Reserve’s chief also does not really bring about a bullish mood among our investors here.

Tuesday, November 19, 2013

Another reason for making your Investment a Success

I know many of you here are following up on internet literature for the latest opinions, tips, analyses and commentaries on stocks. I hope many of you are doing so while being busy at work and in life, all for the aim to get rich or even to become financially free via investments and investing. If you have these aims, then I would also like to let you know that I share these aims too. I feel that these aims are very noble goals (and this has me thinking about Noble Group stock which is rising in price due to some analysts’ “Buy”calls).

Monday, November 18, 2013

Business Singapore

I have posted an earlier post regarding the fact that I have not seen Dominic Loh (the studious, boyish and handsome Channel NewsAsia host) fronting Business Singapore for quite a while. I have also shared in the same post that there is now a new anchor called Dawn Tan fronting the same show. I have received a comment to my earlier post and the name of the person who made the post is “Dawn Tan”. I am not sure whether “Dawn Tan” is really the new female host who have now fronted Business Singapore and whom I have shared with readers in the same earlier post that she may have ratcheted up viewership of Business Singapore among male viewers (due to her looks and presentation).

Sunday, November 17, 2013

Stocks in Focus

Olam stock price has been slowly creeping up from the oversold region with its 5 days-moving-average creeping up its 10-days-moving averages from below. At $1.53, Olam’s stock price is still below the 200- days-moving averages. Some analysts are quite bullish about Olam, giving the stock a price target of $2. Looking at the fundamentals and technical of this stock, I believe Olam stock can continue to head up in stock price.

Saturday, November 16, 2013

Yongnam stocks: why I bought?

I have bought some lots of Yongnam stock yesterday at $0.24. Being an average retail investor and holding average pay, I will always exercise great diligence when it comes to investing as if the entry into the stock is not good, it will just means that I am throwing away my monies. So with some spare liquidity freed from liquidating some of the stocks in my portfolio, I am looking at some range of stocks to buy. There are some stocks which are appealing but the stock markets are such that an investor may be taken back by surprise the moment he clicks the “Buy” button as we must remember stock markets are ruled by the emotions of the masses, or should I say those of the “Big Boys”? Anyway, these are the reasons why I have bought into Yongnam:

Friday, November 15, 2013

Stock Opinions

If you are a regular reader, you would have known that I do not really always offer my own recommendations of what stocks to buy. When I do give an opinion of a stock, I would make sure that my opinion is supported by a fact. So what are facts? When I say a particular stock A is going to go up in price, it is an opinion. However when I say, after looking at a technical chart, that A is trading above its 200-days moving average, that is a fact. And an opinion supported by a fact could be something like since the aforementioned A is moving above its 200-days moving average, stock A is likely to enter into an uptrend.

Thursday, November 14, 2013

Motivation of Investing

I was still deep in my slumber this morning when my alarm clock rang. With a grouch, I went down my bed and turned the alarm clock off, thinking it was still early. I went back to sleep. Then after some time, I was awakened. I looked at the alarm clock and shouted “Oh no”. Immediately, I brushed my teeth, dressed up, packed my breakfasts and carried out my other chores before walking with a spring to the MRT station to catch a train to work ……

After the above hectic schedule, I reached the office, a place which I spend most of the week in, not because I want to but because I need to. I need the salary to support myself and my family. As a result of this need, I have to really accept the fact that I can only sleep that number of hours every day balancing my employee work with the more important things in life outside of work. I have to accept that if I wake up late, I have to run or spring to the MRT station or even say sorry to my boss. I have to accept colleagues who play office politics in office and sabotage you even if you treat them with the most respect or help them in many ways. I have to accept how my bosses think of me (even if you are very talented, if the bosses do not think highly of you or do not like you, your career in the office has limited “headroom”). I have to look at the disgusting “curry favouring” activities my colleagues engage in every day to get promoted. In all, I have to accept all the above as I am an employee after all.

Wednesday, November 13, 2013

Pacific Radiance IPO stock performance

The moment I read that Pacific Radiance IPO is only 2.2 oversubscribed after the many impressive analyses on this IPO stock, I thought that the counter may not have a really good run-up in price today on its debut on SGX. I am correct for Pacific Radiance IPO only closed at 2.5% above its IPO price. I believe that the news from China and the US may have shaped the performance of Pacific Radiance IPO performance as normally such an offshore and marine sector stock is quite “sexy” to investors.

Tuesday, November 12, 2013

Biosensors, Noble Group and Golden Agriculture stocks: what’s next?

Today, Biosensors, Noble Group and Golden Agriculture stocks announced their quarterly results around the close of the markets. I am quite disappointed to read of the results as they were not very good results. I would have expected that Noble Group and Golden Agriculture stocks to have better results riding on what some have said of the commodities recovery. I am also quite disappointed at Biosensors Group which had before net cash US$600 million before. I am particularly focused on these three companies as I have some stocks held in these three companies.

Monday, November 11, 2013

Overwhelmed but need a clear mind to think of my Investment Strategies

I need some time to think over my investment or should I say, trading strategies. As you know now is the companies’ results reporting season, hence there is actually quite a lot of information floating around. Whether a company does well or not in the previous quarter, it does not mean that the results will be a predicator for the next earnings results.

Saturday, November 9, 2013

SGX mulling measures on penny stocks

I read from today’s newspapers that the SGX is mulling over measures on penny stocks. It was reported in the same article that trading in stocks worth just a few cents is not reasonable. No doubt, the mulling over of measures to curb trading in penny stocks stems from the high-profile saga concerning Blumont, Asiasons and LionGold, but it seems that following this saga, penny stocks have become more dangerous for investors to invest or trade, hence warranting the consideration of SGX.

Friday, November 8, 2013

Four Singapore offshore marine stocks in focus for the week

There are four offshore & marine related Singapore stocks in focus for the week, let me share them with you.

First of all, we have Vikings. This offshore & marine stock has not been in the radar of investors like its peers until Mr Andy Lim of Vikings announced that the company will be entering into the rigs-building business by partnering with an offshore and marine veteran. As I have shared in an earlier post, the CFO of Vikings said in an interview with Business Singapore something to the effect that there is enough room for business for Vikings in the offshore & marine industry. Personally, Vikings has been one offshore & marine stock which I have in my radar but looking at its stock price chart, I have not felt a compelling reason to buy the stock, however with its new scope of business as announced; I believe the stock price will move up in general.

Thursday, November 7, 2013

Charles Darwin’s theory to stocks investing

Sometimes, it is not that easy to write on a daily basis on the Singapore Stocks Markets when there are no clear discernible trends to note and share with all of you. And clearly, the Singapore Stocks Markets are currently giving not much of an indication of a trend. Some analysts are saying that the stock markets are heading up while other analysts say that the stock markets are not really entering into a bullish rally stage. I tend to agree with the latter views as I quite believe that the Singapore stocks markets will respond once more when the “QE tapering” decision is surfaced up again.

Wednesday, November 6, 2013

Does Singapore stocks market have our own characteristics?

I read from an analyst report that Singapore investors are awaiting the US job data report for October 2013 which would give them clues to the timeline that the Federal Reserves may be “tapering” the Quantitative Easing (QE). Hence I believe that Singapore stocks market will respond in tandem with the results of the US job data report. As always, Singapore investors are responsive to the economic figures and reports from US and also from China. At first when I was a newbie investor, I find it a bit frustrating as to why our Singapore stocks markets have no “characteristic” on our own but have to always move in tandem with the US and China economies. As I mature up in my investment and trading practice, I become wiser: Singapore is too small a country to change the world, we have to continuously find our own position in this world and US and China are the world’s two largest superpowers that other countries have to accept and the effects of these two superpowers are felt in all aspects of lives from political to economical and to stocks markets.

Stock themes of the Singapore Stocks Markets

Singapore investors, traders and speculators have been chasing up the three penny stocks: Blumont, Asiasons and LionGold before the three stocks went south; thereafter there were some doubts of the local investors as to whether to chase penny stocks. During the time of their deliberation, Skyone, another penny stock went south, with a magnitude that could rival that of the three aforementioned stocks.

Year-End Bonuses 2013

How time flies, it is now November 2013. Many of us will receive our Year-End Bonuses for year 2013 soon! I think for many of us, Year-End bonuses are monetary incentives which reward us for our hard work and the long number of hours which we have put in in our work. Hence it is not surprising that we will be looking forward to our year-end bonuses. For a group of us, the year-end bonuses will comprise the 13th month income and on top of the 13th month income, employers will have the discretion to give more bonuses to their staff. I have heard of how some organizations like banks give their staff a generous bonuses comprising of few months of bonuses too.

Tuesday, November 5, 2013

Five Figures Dividends Income per month

The Sunday Times reported how a Singaporean man turns full-time professional investor and earns a five figures dividends income every month. I have read some netizens’ views on the report. As shared by the readers and for which I agree, to earn at least $10,000 per month dividends (which is $120,000 per year), assuming a modest 5% dividend yield, one would need to have at least $2.4 million so that he could deploy this sum of monies into a dividend-earning equity such as a Reits which offers a minimum of 5% to 6%.

Monday, November 4, 2013

Stocks Market Commentary & Viva Industrial Trust stock

Viva Industrial Trust made its trading debut on the SGX today. I did not apply for the trust due to the reasons I have given in an earlier posting. As I have expected, Viva Industrial Trust IPO met with a lukewarm response, with its stock price closing unchanged at the end of the trading session of its day of debut. Also, Standard & Poor's Ratings Services assigned its 'BB+' long-term corporate credit rating to Viva Industrial Reit. According to the report: "VI-Reit's limited asset diversity with reliance on a single asset--UE Bizhub EAST--exposes it to event risk from competition, which could prevent rental rates from rising to support the valuation of the Reit's assets. The Reit's limited asset scale and low occupancy rates also constrain its business risk profile"

Sunday, November 3, 2013

Lessons and summaries of the BAL stocks saga

Blumont, Asiasons and LionGold (“BAL”) managed to gain back some cents on 1 Nov 13 after selling of the stocks by investors this week as SGX said that it will still conduct investigations into the three stock counters despites lifting the “designated securities” label off them. One lesson I learnt from this BAL stocks saga is that even if the “designated securities” label is taken off from stocks, it does not mean that SGX is giving investors an “all-clear” signal that the three stocks are okay. Indeed, beside myself, I think that through this BAL stocks saga, many retail investors have become more informed and experienced should similar designation of stocks comes again.

Saturday, November 2, 2013

Viva Industrial Trust IPO: why a neutral call?

While the IPO application for Viva Industrial Trust IPO might have closed or might be closing, there is no stopping investors from analysing Viva Industrial Trust IPO. In my earlier post, I think I did not really give a good analysis or insight of Viva Industrial Trust IPO hence I feel that I must give readers some good analysis in this post. However before I could even start my post going to give my readers a good analysis of Viva Industrial Trust IPO, I read an analyst report of Viva Industrial Trust IPO and why the analyst is giving a “Neutral” call despite all the hype that an IPO stock could give to the stock markets. Since I agree with the analyst, I thought I may as well share with readers on what I have read:

Friday, November 1, 2013

Pacific Radiance IPO

Pacific Radiance IPO next? Pacific Radiance lodged its preliminary prospectus with the MAS on 28 October 2013 and hence I think Pacific Radiance IPO will be on the cards soon. As you may have read in the news Pacific Radiance is in the offshore and marine businesses. To give you more details, Pacific Radiance’s businesses can be classified under three divisions: namely (1) offshore support services businesses (i.e. owns and operates offshore vessels to assist and support the offshore oil and gas industry as well as provides ship management and agency services), (2) subsea businesses (i.e. provides subsea services to the offshore oil and gas industry) and (3) complementary businesses which includes marine equipment business (i.e. design, supply and maintain dock equipment) and project logistics business (i.e. provide logistics solutions for project cargo).

Figtree Holdings IPO: my analysis

Figtree Holdings IPO will be launched on SGX. Figtree Holdings IPO placement tranche is 54,546,000 shares with each share priced at $0.22; Figtree Holdings is seeking $12 million from the IPO. Figtree Holdings IPO placement opened on 29 October 2013 and will close on 7 November 2013. Figtree Holdings IPO will commence trading on a “ready” basis on 11 November 2013. Figtree Holdings’ market capitalisation, based on the Placement Price and post-Placement share capital of 277,546,000 shares, will be $61.06 million.

Thursday, October 31, 2013

Golden Agriculture stock

Today (31 Oct 13), Golden Agriculture stock found itself in the top volumes list with a good showing at a closing price of $0.59. To me, looking at Golden Agriculture stock in the top volumes list reminds me of quite some time back, when Golden Agriculture stock keeps being featured in the top volumes list. Then, the Crude Palm Oil (CPO) prices went south; there was a stockpile of CPO which results in the CPO prices heading south that in turns results in Golden Agriculture stock to reach as low as below 50 cents in some instances.

Wednesday, October 30, 2013

Why Valuemax IPO closed at just 2.93% higher on its first day of debut on SGX?

Valuemax IPO debutted today (30 Oct 13). Valuemax was one of the hottest stocks trading on SGX today. With an IPO price of $0.51, I was thinking that Valuemax may close on its first day of debut with about 30% over its IPO price, at around 66 cents. Valuemax surprised me with a closing price of $0.525, this is just 2.94% higher over its IPO price.

The 4 letter thing many people resort to doing to become rich

With most people earning an income mainly via working full-time as full-time employees, there is a 4-letter thing that many of them resort to doing to become rich. So what is that 4-letter thing that many employees resort to doing to become rich? Make a guess? What comes in your mind when I mention “the 4 letter” thing? Okay, to give you a clue, “the 4 letter” thing consists of 1 vowel and 3 consonants. And the second vowel is “u”. Have you gotten it? If not, then this is another clue: this thing many people resort to doing is to me, not correct in the most moral sense. So what is this 4-letter word? Okay, I think I will have to let the cat out of the bag if you have not gotten it else we cannot proceed with this post. This 4 letter thing is actually to be “BUSY”. When I mean “Busy”, I do not mean being really Busy but to act busy or to act as though one is Busy. Have you gotten this word correctly or are you thinking of another word that may fit what I have described and which may satisfy the criterion of being a thing many people resort to doing to becoming rich? Let me know if you have other suitable words!

Tuesday, October 29, 2013

Viva Industrial Trust IPO

Viva Industrial Trust IPO aims to raise $463.3 million in a listing on SGX. Viva Industrial Trust holds business parks and other industrial property. Viva Industrial Trust Management, Viva Industrial Trust’s Manager said it will launch its initial public offering (IPO) of 211.7 million stapled securities at 78 cents a piece. Viva Industrial Trust comprises Viva Industrial Reit Estate Investment Trust and Viva Industrial Business Trust.

Changing Paths

I like to watch the show “Changing Paths” which screens on Channel 8, at 10.30 pm on Tuesdays nights of broadcasts. In a nutshell, the show is about people who have changed paths in their careers. The first episode of the show is about Peter Yu, one of Mediacorp’s former actors who have become a taxi driver, and then there were a duo who were financial consultant and business executives who traded their business ties for “city farmers”. Then there was a former car mechanic who became an award-winning salon owner. And also, there were an owner of a tuition centre and air stewardess who become nurses, etc. I like this show as changing path in mid-career is an important milestone for those who have done it as switching careers has financial effects.

Why I don’t feel like an Investor?

These days, I have been musing over the question as to whether I am an investor. You see, I went into investments and investing, schooled in the “doctrines” of great investors like Warren Buffet. According to Warren Buffet and his school of value investors, fundamental analysis is very important. Fundamental analysis is doing research on a particular company, to make sure that the company has a good and sustainable modus operandi and business model before investing our monies into the company.

And fast forwards to today, we also read in the newspapers many articles written about compounding our monies via investing in stocks rather than have them resting in the banks, their worth eroded by the rising inflation. Against the above two contexts, to be a bona fide investor, we should just choose a good company with a good and sustainable business model and managed by a good team of leaders and hold the stocks of the company for long term capital gains and dividends payouts.

Saturday, October 26, 2013

Penny Stocks: my reflections

I reflected on my penny trades in Blumont and Asiasons for the week and while doing so, I read a letter in the newspapers today (26 Oct 13) in which a reader shared that his neighbour has forfeited $200,000 in one or two of these three stocks (Blumont, Asiasons and LionGold) in this whole matter. I have been quite alert to lock in some respectable gains, to the tune of over 20% before two of these stocks headed south once again. I am not worried of my investments in these two stocks still as I have mentioned before, I have just put in a modest and humble amount in these penny stocks, knowing that these penny stocks are quite speculated in our local markets. As a result of the small amounts of monies invested, I am also not worried if SGX has to suspend these three counters for it to conduct investigation.

Friday, October 25, 2013

Blumont, Asiasons and LionGold: an investor's thoughts

Blumont, Asiasons and LionGold, these three hot penny stocks all went down by around 15% to 18% today (25 Oct 13). If you have read my post, you would have known that I have bought and am still holding Blumont stock at around $0.22+ while contra trading Asiasons. I bought some more Asiasons this morning though the price is now lower than the price of my purchase. Anyway, I am quite okay though I have these stocks as to begin with, I hold a long term view: I have mentioned many times in my post that compared to the prices that these three stocks have been trading, the prices that I have bought is considered cheap. Also, I feel that the monies in my portfolio now can be considered peanuts to the many millions of dollars incurred by many substantial shareholders of these companies when the stock prices of these three stocks went south. To be frank, I bought just few lots of these stocks as they are penny stocks. I am sorry but somehow it seems that in local context, penny stocks have via the various media commentaries become stocks that can be quite not obedient to investors’ pockets.

Thursday, October 24, 2013

Face to Face with Dominic Loh of Channel NewsAsia

Where is Dominic Loh? Dominic Loh, anchor at Channel NewsAsia and anchor of Business Singapore. Dominic Loh is a good-looking host who has fronted the news desks and important programmes like election reporting at Channel NewsAsia. Dominic Loh has given me a good impression as the news anchor of Business Singapore which I watch regularly. Dominic Loh has a good command of English and he is very skilful and professional when interviewing key business luminaries in the Business Singapore show.

Financial Peace of Mind in Stocks Investments

I believe most investors and traders are always chasing for the next profitable stocks. We can see this in the 80% to 90% stock price increases in Blumont, Asiasons and LionGold stocks after they do not belong to “designated securities”. Some investors, I believe could have turned spectators, punting monies into these stocks, especially investors of these 3 stocks who have previously bought them at high prices previously, I suppose.

While sometimes, stocks markets can toss out an opportunity or two for investors, we should be careful not to become speculators. We should still hold on to the objectives of our stocks investments and we should stay abide by financial discipline so that we can grow our monies through investments, is it not what many investors are looking for?

I believe in whatever we do, we should always do it with the objective to get a peace of mind. In stocks, this means being disciplined, and not being tempted into emotional buying or speculating.

Wednesday, October 23, 2013

LionGold Stock

LionGold stock closed at 32 cents on 22 Oct 13. As shared with you readers, while investors were quite fearful of the performance of the trio of penny stocks: Blumont, Asiasons and LionGold, I see the opportunity to be greedy and hence I have done a quick contra in Asiasons while for Blumont, I am practising a buy and hold position: I have bought just few lots to prevent price gyrations. This leaves LionGold stock as the only penny stock of the three stocks which I have not really invested in or traded. So why have I not invested or traded in LionGold? The reason is simple, I have not done some study on the stock till yesterday night when I looked at the website of LionGold company, studied its business model and looked at the company’s financial statement.

Tuesday, October 22, 2013

My trades and the Commodity stocks supercycle

Asiasons stock continued to rise today. I bought some lots of Asiasons yesterday at 20+ cents and sold them off at more than 25 cents today as Asiasons is no doubt a penny stock after all and getting away with a quick trading profit is tempting to me. However, the other stock, Blumont stock did not do well today, closing the session at 21 cents. I bought Blumont stock yesterday at slightly higher price and was quite tempted to sell it today but somehow or rather the stock price did not reach what I have intended (24 cents or 25 cents). Anyway, though holding a stock like Blumont stock can be risky in view of its recent stock price gyrations, I do not mind to hold it further to realise some good profits (that is one of the reasons why I do not sell the stock today) as I really believe Blumont’s stock price can still go high up. But I do not want to hold too many of these stocks thus I sold off Asiasons while keeping Blumont.

Monday, October 21, 2013

ValueMax IPO

ValueMax will be launching an IPO with the offer price of $0.51. ValueMax IPO is the third pawnbroking stock to be listed here although ValueMax IPO will be the first such stock to be listed directly on the SGX; Maxicash and MoneyMax listed on the Catalist Board. ValueMax’s business not only lies in Pawnbroking, it also is in the business of retail and trading of re-owned jewellery and gold which complements its pawnbroking business. ValueMax also has investments in companies which are involved in the pawnbroking business in Malaysia.

Asiasons Stocks, Blumont Stocks and LionGold stocks

Asiasons, Blumont and LionGold resumed trading on 21 Oct 13 without the appellations “Designated Securities” on them and the trio of stocks performed remarkably well, rising by 80% to 90% among them. While trading of the three stocks resumed for investors without needing to pay upfront the capital amount, online buying of these three stocks can only commence on 22 Oct 13. So for those investors who bought into these 3 stocks today, they actually initiate their purchase transactions via phone orders to their remisiers by giving their particulars like their name, their account number and their particulars. Of course, there is a difference between phone buying orders and online buying orders with phone buying orders having a larger transaction fees than online buying orders.

Sunday, October 20, 2013

of Beauty Queen, University and Money

The Sunday Times of 20 Oct 2013 reported how a Beauty Queen from Raffles Junior College, turned down offers from top universities despites having straight “As” at her “As” levels examinations. The Beauty Queen then took up a job as an oil trader and since she was featured in this weekly column of the newspapers, I believe she is doing well in terms of income as an oil trader. In fact, even without her being featured in the weekly column of The Sunday Times, it is quite a common knowledge that an oil trader earns quite a lot.

Saturday, October 19, 2013

Singapore Stocks Blogs

After embarking on this writing journey and having read some of the stocks blogs belonging to local bloggers, I ask myself what makes a good stocks blog. The reply comes fast: creating and adding value to readers. My reply is in line with the universal values of life and living: value creation and value addition. In our jobs, we create and add value to our employers and that is how we earn our salaries. The more value we can create and add, the more monies we get via job promotions. And for those of us who are able to create and add value for others through starting our own businesses, the value we create can be large such that these entrepreneurs become rich soon enough.

Friday, October 18, 2013

Contra trading for Stocks

The episode on Asiasons, Blumont and LionGold stocks has focused the spotlight on contra trading. The authorities has said that it does not recommend retail investors to engage in contra trading due to the risks that may be involved and it seems to me that the authorities also want retail investors to understand fully their financial status before investing their monies. Watching “Business Singapore” yesterday (17 Oct 13) night, I saw how a remisier advocate defends contra trading. I was actually surprised to hear that contra trading is practised in Singapore and Malaysia only as investors explore the 3 days of settlement before payment for their stock is to be paid to see whether they could sell the stocks they have bought for a profit before the stocks are even credited into their Central Depository Account.

Thursday, October 17, 2013

What US Debt Ceiling Resolution means to Singapore Stocks?

US debt ceiling matter is resolved and this resolution is within the expectations of the markets in my opinion. We just need to observe that the local stock markets did not head too much to the south before the debt ceiling timeline. With the impasse in the US debt ceiling over, I believe Singapore stocks should benefit though the benefits from the success in the debt ceiling matter may not spill over evenly among stocks. Investors may shift their interest from stocks in the third-tier category of stocks to blue-chip stocks as a result of renewed confidence in the economy due to the US solving its debt ceiling matters. With this debt ceiling matter behind us, I believe investors will now train their focus on the Quantitative Easing moves by the Federal Reserves as well as the debt matters of the Europe.

Monday, October 14, 2013

Of Soccer and Insurances

I read an interesting article in The Sunday Times of 13 Oct 2013 in which the author shares with readers that he engages in betting the soccer team he does not support so that if his favourite soccer team wins, he will be happy and if the team does not win, he will be happy too as he will have won some monies and not feel the blues of not having his favourite team win. While I applaud the author for coming out with such a novel concept, I was also thinking that if I were the author, I would have a better strategy: why not, I do not bet on the soccer teams at all? If the favourite team that I support wins, I will be happy; if not I will just go for a long run to improve moods and then use the monies which I would have spent buying on the betting tickets on some other purchases? Would it not be better? I would become healthier and have more savings with this proposed method.

Every stock is a Good stock

The education ministry in its bid to make every school a good school is sending some of its most highly regarded principals to helm some neighbourhood schools to support its mantra of “Every School is a Good School”. I think about this proposition and somehow extend this thinking to stocks investments. Can every stock be a good stock too? I asked myself?

Investments in Curry

Yesterday, I read an interview article in which the interviewee, a businessman opined that Singaporean workers do not play the corporate game well. The interviewee highlighted how an foreign colleague of his likes to “engage” (in my own words) his bosses and leave an impression as an capable employee on them and this gave him an edge in promotion than the interviewee. I have used a good term for “engage” when I can in layman’s terms and understood to most Singaporeans; use the word “curry favouring” as the same meaning was implied in the same article.

Investment vs TOTO & 4D

As I walk past the NTUC shopping outlet, I see quite a number of people queuing up in front of the 4D outlet even before the betting outlet opens. There are many people in Singapore who regularly punt on 4D, TOTO and Big Sweep, Football …… all in the bid to win some good monies. This is a legalised form of gambling and the odds of winning can be against the punters. But still even betting $1 gives average Singaporeans a chance to win and be even a millionaire. I notice how on those TOTO draws with aggregated pools of prize monies, some lucky Singaporeans can be made instant millionaires, sharing the top prize of $10 million or more. Hence though the probability of Mathematics which calculates the probability of winning the top TOTO prize with a combination of numbers selected on the betting slip is approximately one in 8 million, there are still people who can win this top TOTO prize!

Sunday, October 13, 2013

Frasers CentrePoint Trust

I am quite attracted to Frasers CentrePoint Trust though I do not really have a large chunk of my portfolio in Reits or Business Trusts. The two Reits and Business Trusts which I have in my portfolio were bought at the IPO of the stocks. The aim of my stocks portfolio is to generate good returns and no doubt though Reits and Business Trusts offer a steady stream of dividends, my preferences are more on cyclical stocks as I like to trade cyclical stocks in line with my quite adventurous streak. But having said the above, this does not mean that I will not be adding more Reits or Business Trusts into my portfolio. I just think that currently, the prices of most Reits and Business Trusts are on the high side. I am looking at the prices of Reits and Business Trusts after the Federal Reserves starts to taper the Quantitative Easing. I believe as what many investors think too, that the stock prices of Reits, which have benefited from a low interest rate should be heading south after the tapering, though the question is by how much will the southward direction of their stock prices be.

Saturday, October 12, 2013

More bucks from your spending: Credit Cards & Rewards Cards

It is reported that more people can be getting more and more reckless with their credit cards, taking on credit that is over and above what they can afford and paying high interest rates on their credit. In view of the above, there are rules and regulations enacted to prevent people from over-leveraging on their credit. Some people do not want to have a credit card as they do not want to be tempted to take on credit card debt which may be creeping up gradually if they do not have a strict discipline.

Friday, October 11, 2013

Stocks Take

The Singapore stocks markets are moving in tandem with what Obama, his Republicans and the Federal Reserves do. US Budget, US Debt Ceiling, Tapering from the US. The Singapore stocks markets are also moving in tandem with the financial updates from Europe (Europe has also some debt updates). The Singapore stocks markets are also moving in tandem with China’s economy. Amidst all the stock markets watching, I think it is still a good time not to be too focused on all the buzz from the US, Europe and China but rather concentrate on our own stock portfolios and also determine what stocks may be on our stock radars soon.

Thursday, October 10, 2013

Protect your monies: Discretion

I received an SMS this afternoon, informing me that my email address was selected from a lucky draw and I won 90,000 pounds as a result. To claim my prize, I would need to send some particulars to an email address. From the suffix of the email address, I realised that the sender of the SMS was from Thailand. I am very happy as I have now 90,000 pounds with no capital invested. 90,000 pounds won in this manner is so much better than my current investments in my stock portfolio amidst the current global market gyrations.

Your Job as an Investment

For many of us, we rely on our jobs for income. We trade our working hours for the monies we get in the form of our salaries. Our job is like an investment, we enter into the job, not knowing how our job will pan out. We do not really know whether the job will turn out well to be good for us, whether the job is suitable for us and whether the job is something that we like to consider it as our career. In summary, we do not know the returns of the job until we are into the job for some times.

Wednesday, October 9, 2013

Passion as Profession, have a Financial Backup plan first?

Yesterday, I watched a show on Channel 8 which featured two men who have switched gears from their high paying professions into something that is quite unconventional in Singapore: urban farmers. I saw how the two men went around looking for plots of land in the city to grow vegetables and rear bees, which are just some of the work they do in their new jobs. One of them earned a five-figure monthly income before becoming an urban farmer. According to the duo, they do not really earn too much of their income now but they are happy doing what they love, engaging in the work of nature and being with nature.

Tuesday, October 8, 2013

US Debt Ceiling Talks and Quantitative Easing tapering on Stocks

I think many investors are thinking that the US Federal Reserves will not be tapering the Quantitative Easing because of the US Federal Government shutdown and the debate of the debt ceiling. In my opinion and from what I have read, investors here may not have really understood what a US government default on its debt may have on the global economy if the US government does not manage to raise its debt ceiling in time. According to a report I read today, the US government debt is USD $12 trillion and that is USD $12,000,000,000,000! The amount of the US government debt is almost 23 times that of the debt of the Lehman Brothers episode (around USD $500 billion). I think many investors still believe that the US government will cobble up a plan once again in the nick of time to raise the debt ceiling so that a debt default will not occur.

Singapore Penny Stocks: what’s next?

Amidst talks of the US Quantitative Easing tapering, the Singapore stocks markets have been trading, if I may say, cautiously or in a consolidating manner. Penny stocks have been chalking up the top volumes stocks with profits until the suspension of three stocks: Asiasons, Blumont and LionGold by SGX. When the three stocks resumed trading yesterday, their stock prices headed south by around 70% to 85% and their price directions also shaped the price directions of other smaller-cap and penny stocks as many of these stocks also headed south in their stock prices. The top volume stocks were still dominated by these smaller-cap stocks but their stock prices have headed south in general.

Monday, October 7, 2013

Changes in Investing rules and what Investors should do

After the stock markets opened this morning and the trading halts on Asiasons and Blumont were lifted, investors wasted no time to show their dislike for what they have read and heard in the news about these two stocks: at one point in the trading day, both stocks headed south by almost 90% in the early part of the trading hours. I saw how Blumont went as far as 85% south to a low of $0.12. If we were to look at the previous closing prices of Blumont before the SGX intervened, the closing price of Blumont was as high as $2.44. $0.12 vs $2.44, that was around 20 times lower! But I believe some investors saw some value in Blumont after the price touched $0.12 as the price managed to recover above this price level. I think that today’s market action is on these stocks: Asiasons, Blumont and LionGold, never mind the US parliamentary talk about the US government shutdown, US debt ceiling or even the Quantitative Easing moves.

Sunday, October 6, 2013

Insurance industry to get an overhaul

As reported in today’s The Sunday Times, the local insurance industry here will be getting an overhaul (if I may use this word). Singaporeans who wish to get an insurance policy need not go to different insurance companies and their agents to understand their products to make an informed comparison as there will be a centralised website that will help Singaporeans compare products catering to their needs from different insurers, this will save Singaporeans time and efforts. Another overhaul will be the structure of and the quantity of commissions given to insurance agents from their sales deals.

Saturday, October 5, 2013

My First Investment

My first investment was with an insurance firm, with $8,000 of my savings invested after some sales talk from a sales person of the firm. I was somehow lured into the lucrative profits as said which could be earned from investing in the fund. That was in year 2007 when the fund that I invested in was a global properties securities fund. The fund price I bought was $1 and after my purchase, the fund price headed north slightly but then when the sub-prime mortage crisis of year 2008 came, the fund headed south to $0.60 and then the fund price pretty much hovered around the same price level when finally in year 2010, I decided to sell the fund, forfeiting around $4,200. From then on, I decided not to let others tell me how to invest: I began to read up on fundamental analyses and technical analyses, opened a trading account in the same year 2010 and started trading.

Friday, October 4, 2013

Blumont stock

Blumont stock was one of the few companies suspended by SGX today after its share price went south by almost 58% before trading was halted. These few days, we have read about Blumont, the company whose stock price has seen a meteoric rise from around 30 cents at the start of the year to as high as $2.54. The meteoric rise has seen the market valuation of Blumont even higher than some of the government-linked companies like NOL and SMRT. The SIAS and SGX have been urging the management of Blumont to explain the meteoric rise in the stock price. I am surprised that the share price of Blumont then went south this morning by around 56% before the stock was eventually suspended by SGX.

Thursday, October 3, 2013

Linc Energy Stock to list on SGX

Linc Energy stock, a stock that is listed on the Australia Stock Exchange will undergo delisting as it prepares to list on the Singapore Stock Exchange. I am not sure whether the keen interest of Singapore investors in Energy stocks are factors that shape the decision of Linc Energy to list on Singapore Stock Exchange instead. Linc Energy’s management cited Singapore's position as a regional energy hub for its decision. On its website, Linc Energy’s businesses are in Oil and Gas, Coal, Clean Energy, Shale Oil and Carmichael Royalty. Linc Energy currently trades at around AUD $1.25 though I do not know whether when listed on SGX, Linc Energy stock will be denominated in Singapore dollars or Australian dollars or there will be a dual listing. With so many energy stocks here on the Singapore Stock Exchange, investors have more options but in my opinion, I believe investors are also subject to more vagaries of the global stock markets as they are subject to more geographical markets with more geographically-diversified energy stocks.

Wednesday, October 2, 2013

US Government shutdown: effect on stocks

The US government has shut down after the two sides: the Republicans and the Democrats did not agree on a common framework on the US debt ceiling. Even though the US government has shut down, Singapore investors seem not to pay heed to this with the STI heading north by 0.4% on the day of the US government shutdown on 1 Oct 13. Even at this time of writing (2 Oct 13), the US stock indices are heading north. I believe most of the investors, be they in Singapore or even in the US are already quite tired of the kind of political games that the two sides of the US government are engaging, however having said that, I believe investors worldwide are still taking into considerations of all the moves that the US side is making, be they in the debt ceiling or the Quantitative Easing.

Monday, September 30, 2013

US Government shutdown: effect on Singapore Stocks Markets

Singapore Stocks headed as much as 1.32% south today (30 September 2013), in line with the direction of the regional markets as the global markets weighed in the political drama of US as the US government debated on the US debt ceiling issue. Such a drama is really not new to many investors, including myself as we have seen how the US Democrats and Republicans debated before, before passing a resolution in the nick of time, before the timeline of a milestone that is important to the global stocks markets and then the stock markets worldwide will rebound. So is the US government going to be shut down?

Sunday, September 29, 2013

AsiaPhos IPO Stock

AsiaPhos IPO Stock AsiaPhos has currently launched its IPO of 122 million Invitation shares priced at S$0.25 each for its proposed listing on the Catalist Board. Based on the Invitation price of S$0.25, the post-Invitation market capitalisation of AsiaPhos will be S$200 million. AsiaPhos will be the first company on SGX listed which focuses on exploring and mining phosphate in China with the ability to manufacture and produce phosphate-based chemical products. The trading of AsiaPhos’ shares is expected to commence on a “ready” basis at 9.00 a.m. on 7 October 2013.

The listing of AsiaPhos to me, seems to add another listed company in the mineral mining companies on SGX which have been seeing quite a keen interest among Singaporean investors. However, in AsiaPhos, what the element that is mined is not Gold but Phosphate. Also, compared with other mining companies which have operations spread out among several countries, from the prospectus of AsiaPhos IPO, the operations of AsiaPhos is entirely in Sichuan province, a province which has seen the wrath of nature before in Sichuan Earthquake; perhaps this is why in the prospectus, it was mentioned that the production and operations facilities of AsiaPhos are built to withstand the shocks of earthquakes.

Looking at the IPOs scene here, it is not always that an IPO stock heads north on the first day of its trading debut, hence for traders who are actually IPO punters, this is something that I wish to point out.

Monday, September 23, 2013

Is it a good time to buy Singapore Stocks now?

Singapore Stocks ended 0.72% south today (on 23 September 2013) with the benchmark STI at 3,214.25. As I have predicted, the euphoria of the local stock market over the continuation of the US $85 billion bond buying is superseded with attention of the market on the US debt ceiling matter and the EU-IMF audit of Greek fiscal performance and reforms. For the other factor of the Germany Election, I believe the impact of the election is not really weighing on the local markets as Angela Merkel should be able to win the election. Looking at the top 20 volume stocks today, we can see that the stocks are no large cap or blue chip stocks. I feel that for the time being, the local stock market should behave quite similar to today, moving and trading within a bound.

Thursday, September 19, 2013

How to Invest with US Stocks Tapering or not?

Before the Federal Reserves announced that it would not carry out the tapering of the Quantitative Easing (QE), analysts were reportedly saying that it is not a matter of whether the QE will be implemented but by how much the QE will be tapered. The most common figures analysts were saying was that the US$85 billions bond buying will be scaled back to US$75 billions with some even saying that the scaled back figure could be around US$65 billions. I think many investors are like me, quite surprised that Ben Bernanke said that there will be no tapering but as reported, he said something to the effect that the US Federal Reserves will monitor the financial situation before deciding whether tapering is needed. On a personal note, I somehow think that Bernanke may want to leave the decision of whether to taper or not to the next Chairman of the Federal Reserves. On a practical note, I think that the financial markets cannot keep running with monies being printed.

Selling stocks by the Millions and Billions

In a stock analyst report, it was reported that the Management and some key officers have been selling their stocks. SunMoon stock: 21 billion shares were sold; M Development: 309 million shares were sold; China Environment: 70 million shares were sold; Albedo: 7 million shares were sold; Eurotrophic: 5 million shares were sold and Ntegrator: 3 million shares were sold.

The rationale of the sales of the stock is not reported. But if I am a shareholder of the above stocks, knowing that the CEO, Management or substantial shareholders are selling their stocks of the companies they own by the millions or billions, it signals to me that even the key brass of the company is not being confident about their own stocks. If even the key brass is not confident about their own stocks, how could I a small retail investor be confident about these stocks?

FEDERAL RESERVES: NO TAPERING OF QUANTITATIVE EASING

Ben Bernanke, chief of US Federal Reserves said that there is no tapering of Quantitative Easing as the Federal Reserves will continue to purchase US$85 billion bonds per month. The statement from Ben Bernanke came at a meeting very closely watched by the world investing community as it is widely thought that the tapering of the Quantitative Easing will be announced at this US FOMC meeting. However, it was also reported that the Federal Reserves will not rule out considering the tapering at its next meeting.

Wednesday, September 18, 2013

YangZiJiang stock

YangZiJiang stock has been featured as one of the stocks to buy from the analyst reports which I have read. In general, analysts think that YangZiJiang stock will benefit from the recovery in the shipping industry with a steady supply and demand. The analysts have given the stock a “Buy” call with target price above the price that YangZiJiang stock is trading at.

The “Buy” calls on YangZiJiang stock have me recalling the time when I bought YangZiJiang stock some years back. Then, I was quite a newbie trader and after having bought 5 or 7 lots of YangZiJiang stock, I was quite surprised as the stock price of YangZiJiang stock headed south by quite a fair bit. I recalled that those were the times that stock prices did not fare very well but the stock prices of YangZiJiang stock went further south than the others. I could have held YangZiJiang stock for a bit more but I just could not want to see that this stock go more south anymore. Hence I sold the stock and incurred “trading lesson fees”. I think what could have propelled me to sell YangZiJiang stock is the fact that the stock is nevertheless a S-chip stock, though it belongs to the better S-chips stocks in SGX.

Tuesday, September 17, 2013

SAVE MONEY AND BE HEALTHY

With the stock market’s attention now on Federal Reserves’ decision, I believe investors will now want to wait until the decision of Federal Reserves is announced before making any new positions in the stock markets. So with the above backdrop, I believe I will touch on a light but nevertheless important topic (with regards to wealth creation) today on saving money and being healthy … in the form of a discussion on Breads!

Monday, September 16, 2013

SINGAPORE STOCKS MARKET COMMENTARY: 16th September 2013

Today (16th September 2013), Singapore Stocks headed north at the closing session impressively. Today is also Singapore’s Founding Prime Minister Lee Kuan Yew’s 90th Birthday. Before I continue further with my post, I would like to first say “Happy Birthday” to Mr Lee Kuan Yew and hopes that he will continue to inspire the younger Ministers and Members of the Parliament to continue to make Singapore our Best home on earth. Okay, after saying “Happy Birthday” to Mr Lee Kuan Yew, let me continue with the rest of the post.

Friday, September 13, 2013

EFFECT OF FEDERAL RESERVE’S FOMC MEETING ON SINGAPORE STOCKS

The US Federal Reserves will meet next week to discuss the Quantitative Easing (QE). Ben Bernanke, the Chairman of the Federal Reserves said on 19 June 13 that if the incoming data are broadly consistent with his committee’s forecast, his committee currently anticipates that it would be appropriate to moderate the monthly pace of bond purchases (currently running at US$85bln a month) later this year (2013) and if the subsequent data remains broadly aligned with their current expectations for the US economy, his committee would continue to reduce the pace of purchases in measured steps.

Wednesday, September 11, 2013

SUPER GROUP STOCK

SUPER GROUP STOCK is one of the Singapore stock market’s darlings, now worth more than $2 billion in market capitalization, thanks to the meteoric rise in its stock price. I have always wanted to know more about Super Group stock, beyond all the literature and text that are contained in its glossy annual reports and beyond the words of recommendation that are contained in the analysts’ reports.

Tuesday, September 10, 2013

SINGAPORE STOCKS INVESTING: THE FIFTH ELEMENT

Singapore stocks head north in these trading sessions. However, I believe that Singapore stocks will have to head south when the Federal Reserves next meet to set the rates and to decide whether to taper the Quantitative Easing move of US $85 billion monthly bonds-buying. As I have shared with readers before, there are four elements shaping the global stock markets currently: (1) US decision of strike against Syria, (2) US debt ceiling talks, (3) Federal Reserves’ decision on tapering of the Quantitative Easing and (4) Germany’s election. Any of the four above elements will shape the direction of global stock markets including Singapore. For now, Singapore stocks head north as it is not immediately apparent that US and its coalition forces will attack Syria and also there is some time to the US debt ceiling talks, Federal Reserves’ meeting and Germany Election. These are the four elements I have talked about. In this post, I will talk about the Fifth Element shaping the direction of global equities.

Monday, September 9, 2013

SINGAPORE STOCKS UPDATES

I have been reading analysts’ commentaries or analysis pieces regarding the direction that the Singapore Stocks Markets will take. On one camp, I read that some analysts pointed out that the US Federal Reserves will not scale back on the Quantitative Easing (QE) yet as the US economic data still point to an economy that needs the Federal Reserves’ US$85 million bonds buying stimulus. On the other camp, I read that some analysts are saying it is not a matter of when the scaling back of the QE moves will take place but a matter of how much the scaling back of the QE moves is. A figure that I keep reading about is US$65 million, the amount that the QE moves will taper to, according to some analysts. Analysts who believe in the QE tapering think that the scaling back will occur after the Federal Reserves’ meeting in the middle of this month.

Saturday, September 7, 2013

BIOSENSOR STOCKS

This is an update on Biosensors Stock: Management has been buying up Biosensors stocks while Biosensors stocks reach the current low price level at around $0.84; this is around 30% discount to the $1.20 prices that Biosensors stock has been trading before the stock heads south. Biosensors’ products are in stents and other cardiac devices with its key market in US, Japan and China. The company has not been doing well in stock prices though I believe that the company will still look for Mergers & Acquisitions targets as it has an excellent cash flow. Can you guess how much is the cash flow? As of the previous Annual Report of Biosensors stock, the cash flow is US$600 million!

Friday, September 6, 2013

SYNEAR FOOD STOCK

SYNEAR FOOD stock is on the way to delisting from the Singapore Stocks Exchange. The shareholders of Synear Food stock will be offered an exit cash offer of $0.186 per Synear food stock and this translates to 40% of the Price-to-Book ratio. Although retail investors may object to the exit offer price, 95% of the shareholders have voted for the exit cash offer and hence the delisting process is on the way for Synear Food stock.

TO TRADE OR INVEST: THAT IS THE QUESTION

I know many investors understand what I am saying when I mention “The 8th Wonder of the World” in Investment parlance. I know since the days that we have the 7 wonders of the World, there are many new “Wonders” of the world coming aboard but what I am referring to as the “8th Wonder of the World” is that wonder proclaimed by Albert Einstein which is “Compound Interest”. For investors with a long term strategy on investing, a small sum of monies invested regularly and compounded by a good fixed rate of return will do wonders to your monies. So in today’s economic climate, what is a good fixed rate of returns?

Thursday, September 5, 2013

How will Singapore Stocks perform?

Singapore Stocks head north in the trading sessions today, contrary to what I have believed. Watching the news before the trading sessions commenced this morning on how the US has garnered more support for its planned strike against Syria, I was thinking that perhaps investors would prefer to exit the market with the prospects of a strike drawing closer. Instead our local stock markets headed north instead. There may be some other factors behind today’s rise in stock prices, but I believe it is getting quite difficult to even guess how the stock markets will perform, especially when we are looking at a number of themes this month: US debt ceiling debate, Federal Reserves’ QE decision, potential strike against Syria and Germany Election.

SINGAPORE REITS: WHEN TO INVEST?

After hints of US Federal Reserves scaling back the Quantitative Easing (QE) stimulus measures, Singapore REITs have headed south, in general. To some investors, Singapore REITS are now pretty attractive in terms of valuation. So, how attractive are these? To answer this question, we have to look at the different categories of Singapore REITS and compare their price-to-book or more commonly known as the PB ratios as the PB ratio is often a good indicator of how undervalued a stock can be.

Wednesday, September 4, 2013

STOCKS PROFITS FROM SYRIA PANIC?

The global stock markets have their focus trained on the US President, Barrack Obama’s decision on Syria. Any hints of a strike against Syria will send stocks heading south while if a full-fledged strike against Syria is to really pan out, stock markets will go more south. And this event is just one of the few other events which will have a bearing on stocks; the others being the Federal Reserves’ decision on the Quantitative Easing, the US debt ceiling debate and the Germany Election.

NOBLE GROUP STOCK: INTERVIEW WITH YUSUF ALIREZA

I have been a long-term shareholder of Noble Group stock and with Noble Group stock price headed to a low level of $0.79 just two weeks ago, of course, I feel quite disappointed as my buying price is more than $1. However, with a long-term position of this stock, I will not be just selling off all the stocks of Noble Group that I have; rather I am thinking at what price Noble Group stock price may rebound with all the macro economic factors coming into play. Hence I feel it welcoming to read the interview piece with Noble Group’s CEO in a leading financial magazine as I need to hear from the man himself on the strategic directions of the company that he will take.

Tuesday, September 3, 2013

THE RESPONSIBILITY OF INVESTMENT BLOGGERS

Arising from the China Minzhong’s short selling incident, one respectable investment blogger whose blog I have frequented occassionally, expressed apologies if through his blog, he has led some investors to buy the stocks of China Minzhong. I could sense that the blogger is quite apologetic but as a reader of his blog and his blog posts on China Minzhong, I could tell that there is no real coaxing on the blogger’s part for others to join him in buying China Minzhong stock. Also, what the blogger has shared are just his opinions and observations of the stock.

Monday, September 2, 2013

SHORT SELLERS TARGETING SINGAPORE STOCKS

China Minzhong stock, the embattled S-chip stock whose share price headed almost 50% south after a report (by short seller Gloucester Research) made an announcement yesterday that the short seller has not understood China Minzhong’s business well and that the company would release a detailed report soon to reassure that its fundamentals are okay. I wonder why China Minzhong needs to take so long to respond to the report as China Minzhong’s business fundamentals should be on the back of the management’s mind and the company should be able to easily retrieve figures to refute the short seller’s claim easily, like what Olam did when it became the target of the short seller, Muddy Waters. But to be fair, let us await the report to be released by China Minzhong before commenting further on this matter.

Sunday, September 1, 2013

GOLDEN AGRICULTURE STOCK

Being a regular investor of GOLDEN AGRICULTURE STOCK, I think it is timely to share with readers my thinking about this stock. Ever since touching the low price of $0.485, Golden Agriculture stock has rebounded in price and is currently trading in the range of 53 cents to 55 cents. A good stimulus for the stock has been the export tax cost reduction of crude palm oil which has then sent the price of the stock by around 7% up, but profits-takers have since then sent the stock price down again to 53 cents to 55 cents.
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