Author: SINGAPORE STOCKS INVESTING (SSI)

Singapore Stock Drama

The US has its “US financial cliff”. Europe has its “Europe Debt Crisis”. China has its “China Economical Concerns” and what has Singapore has with regard to the stock market scene here? Trading in Singapore stock market can be a tad boring as our Singapore stock market is a defensive one, there is not much of a roller-coaster swing in stock price as witnessed in other stock markets. Hence, sometime, trading in our Singapore stock market can be quite boring. However, in recent weeks, there is quite a lot of action for Singapore investors: First of all, we still...

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SMRT bus drivers & share price

Investors of SMRT might be getting a bit jittery yesterday when 102 SMRT bus drivers, who hailed from China staged a “no-show” by gathering at the void deck of their Woodlands dormitory on Monday 26 Nov 12 and refused to work. Why? The drivers were definitely not waiting for PSY to come to Singapore and dance Gangnam Style with him! The drivers were unhappy with their pays! SMRT management moved swiftly to convene a conversation with the drivers to understand their concerns. However there were still 60 bus drivers who refused to start work on Tuesday. As of this...

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MUDDY WATERS REPORT ON OLAM

MUDDY WATERS has finally released it much-awaited report on Olam International. Muddy Waters has a STRONG SELL call on Olam with a very detailed report for all to download on Muddy Waters website. I have yet to read the full report compiled by Muddy Waters on Olam but I have read the brief introduction of the report. These are the few key points I have garnered from the report and I quoted from the website: “it is instructive to view Olam through the lens of failed US trader Enron Corp. There are a number of material similarities in the...

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Life is BIGGER than an Investment

Today, I read of a concept called Social Investment or Social Insurance in a news article. Last week, the article talked about having a career as an investment and this week, it dwelled on having personal networks and contacts as a form of investment or insurance.  Well, actually this concept is not new to me as personally, I have really thought that Life is more about making money and when one uses the term Investment to define something intrinsic as family or relationships, it does not really go down well with me as investments are mainly defined in two...

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Olam stock and F&N stock

Olam stock price closed a little bit lower today (22 Nov 12) by 0.5%. Olam stock performance today (22 Nov 12) to me is a sign that investors and traders of Olam stock are still jittery over the exchange of Olam and Muddy Waters. Till today, Muddy Water has not produced its report that it has announced that it would. Looking at the news which reported that Muddy Water is prepared to stand by its claim over Olam really gives me the impression that Muddy Waters is confident of its claim on Olam and I believe this may be...

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Watching the Stocks on the sideline

For the recent few weeks, I have been watching the Singapore Stocks market … on the sideline a market bystander. I reasoned that being just one of the many retail investors in the market with not much of a portfolio that I could devote to trading and stocks, it is best to stay on the sideline in a global stock market which has the US fiscal cliff, the Europe debt crisis, the China’s economy slowdown concerns, worries of a concern over the Middle East and South China Sea, the sudden wrath of nature (the most recent being the US...

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Will there be a QE4?

This afternoon, I read a financial magazine which carries an interesting interview article with an authority who believes that the US Federal Reserve may unveil QE4, or Quantitative Easing phase 4 in time to come. According to the interviewee, “Operation Twist” was a measure by the US Federal Reserve to combat the US financial problems between QE2 and QE3. The interviewee noted that “Operation Twist” will expire in December this year and hence there is some likelihood that the Federal Reserve will continue the modus operandi of “Operation Twist” in another form which may be QE4. Hence, QE4 will...

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Are you in a “Blue-Chip” career?

The Sunday Times carried an article today (18 Nov 12) which, in a nutshell advocated the importance of investing in one’s career in today’s climate of vagaries of the world’s economy and the global stock market. The article pointed out that for employees, the main source of their income will be one that is derived from employment and hence it is still important for one to treat his career as a form of investment by investing in his career. I appreciate the author’s article as it is a practical and timely advice which I can identify being an employee...

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US Fiscal Cliff on STI and Singapore Stocks

Soon after Obama’s election, the first significant task he is tasked with overseeing is to deal with the US fiscal cliff. I believe by now, you would have known what is meant by the $600 billion US fiscal cliff which consisted of spending cuts and tax hikes, hence this, in my opinion will merit no re-introduction here. US stocks fell by more than 1% overnight (Singapore 15 Nov 12 midnight) on worries of US investors about the starting of talks over the fiscal cliff. This performance in US stocks has much shaped the performance of the Singapore stocks here...

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Noble Group stock dived again!

Recently, China’s diving queen Guo Jing Jing married amidst a splendid marriage ceremony. I have watched Guo Jing Jing dive before at the Olympics Games. It was a splendid performance as I saw how she (and her partner at times) dives with their bodies synchronized and in full rhythm. When one dives, it is really a movement to the south as the diver heads directly south into the waters. Speaking of diving, just last week, Noble Group stock price dived as its quarterly profit did not meet expectation. Noble Group stock price fell from $1.275 to $$1.165 the day...

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Kreuz stock, Hu An Cable stock &Golden Agriculture stock

Kreuz , Hu An Cable and Golden Agriculture announced their quarterly earnings results yesterday. For Kreuz, the announcement came early at around 6 am yesterday, the news was positive profits for Kreuz, which resulted in the stock price rising by around 5% in the early half of the trading day. Kreuz stock also announced a 11 cents dividends, which resulted in a respectable 2.7% dividend based on its closing price of 40.5 cents yesterday. Kreuz stock has recently hit a lower price of 36 cents, and hence investors who buy at that price are now laughing. MACD for Kreuz...

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5 Commodities & Offshore Marine stocks I am looking at

Currently, the market talk is on the US “financial cliff” after President Obama is re-elected as US President. Despite the market uncertainty of the impact of this “financial cliff”, I still believe some form of quick and smart trading can be done. I have shortlisted 5 commodities and offshore marine stocks based on technical indicators which are of interest to me right now based on the stocks’ closing price as of 9 Nov 12: a)      Ezion stock: this stock has been market darling for many months now, defying my expectation as its stock price keeps going on the ascent....

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Ezion Stock Price

Ezion stock seems to be the jewel of offshore & marine stock here after it announced an excellent earning results today. Ezion stock, however was on a halt following the announcement of the quarterly earnings and a joint venture which won contracts. OSK-DMG has given Ezion stock its endorsement with a “Buy” rating at target price of $2.02 Ezion’s earning announcement runs almost opposite to that of Sembcorp Marine stock move: today, investors, traders, speculators dumped Sembcorp Marine stock today, driving it to a low price in recent months after its earning announcement yesterday disappointed many. As someone who...

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NOBLE GROUP STOCK

NOBLE GROUP STOCK dived 7.8% today, closing the trading day at $1.175, down 10 cents off yesterday’s closing price. NOBLE GROUP stock’s intra-day low was $1.165 with a high at $1.215. Noble Group stock was punished by investors as its profits did not meet expectations against a global economy increasingly worried about the US financial cliff. Wilmar has just announced its financial result which is quite good and hence Wilmar’s stock price closed 1.6% as a result. Next Monday, we will see how Golden Agriculture perform in its earning, followed by Olam on Wednesday, after which the four commodity...

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Why SINGAPORE STOCKS went lower today?

Singapore Stocks went lower today, a day after Obama was re-elected as the President of USA. I have expected this performance. Some investors have thought that the stock movement will be north today after the “continuity” that Obama is expected to bring with his election. As I have shared with you in my earlier post, this “continuity” -no doubt can be good for Singapore stocks and global equities- is against the back of a coming US financial cliff, lingering woes of Eurozone debt crisis and signs of a China’s slowing economy. Singapore stocks performance today is not really attributed...

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