Thursday, February 28, 2013
Golden Agriculture stock announced its financial results today. Golden Agriculture stock booked a profit which is 68% lower than the corresponding period last year. I believe there will be some selling pressure when Golden Agriculture stock trades tomorrow.
Tuesday, February 26, 2013
Singapore stocks traded in a choppy session today. Concerns over Italy’s election weighed on Singapore stocks today. I have not traded over the weeks as I see that the STI which has reached a peak of 3,300 will be undergoing correction.
Saturday, February 23, 2013
Golden Agriculture stock has stayed on the $0.65 price level for quite some days already. This is not surprising to me as I believe the markets are waiting for the earnings report of this company next Wednesday. I believe Golden Agriculture stock is poised for a breakout soon, possibly a rally in price towards $0.71.
Thursday, February 21, 2013
Saturday, February 16, 2013
Mapletree Investments will list the Mapletree Greater China Commercial Trust in a bid to raise S$1.68 billion. Mapletree Greater China Commercial Trust is offering about 1.7 million units in a range of S$0.88 to S$0.93 each. At that price range, the projected yield is as high as 6 per cent annually. At least 776.6 million units will be sold to institutional and retail investors.
Thursday, February 14, 2013
Monday, February 11, 2013
Today is the second day of the Chinese New Year. I wish all of you readers a Happy Chinese New Year. As always when we enter into a brand new year, there will be predictions on how the stock market in Singapore will perform and this water snake year is no exception.
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