Are these stocks potential turnaround?

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As the market continue to rise, there are not many cheap stocks to buy and invest in. With this in mind, I thought I will try on short term for a potential turnaround. While the whole world was worried about the Mad Fat Boy launching a missile, I was checking the past few weeks a few counters (including the below) and the TA looks pretty convincing, What do you think of the below, both cut … [Read more...]

Recent action – UMS and Keppel Corp

Despite the recent rate hike, the market continued to hitting new high. Since the beginning of this year, I have been reviewing my current portfolio, selling the weaker ones and taking some profit on the strong counters. After the last GFC, I felt that it is better to realise some hard profits and keep them in my pocket than to see them vaporising on paper. Last week, I finally took the hard … [Read more...]

I took profit for these 2 counters

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President Donald Trump has done it again, through his latest speech, it had resulted in DOW JONES hitting new high and thus rallying along the rest of the world indices including STI and blue chips. STI ETFSTI has a good run since last year, it has given me more than 5% gain (excluding the dividends). From the TA indicators, it is in the over-bought zone, I thought it will be better to take … [Read more...]

My First buy in 2017

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These 2 stocks have been on my radar for some time, and I was waiting for market to present an opportunity for me to buy them. Last week, there were some heartbeat from these 2 stocks and I made my first buy for 2017. The first counter which I bought was Mapletree GCC trust. I am wary of the interest rate increase this year which many people spoke about, and that this will affect stocks like … [Read more...]

I have been retrenched …

In the recent months, there have been more news about corporate laying off staffs due to the worsening of the global economy. Most of us won't feel it unless it happens to you or someone you know. Few weeks ago, I received a phone call from 2 ex-colleagues, and both of them had been retrenched as the unit closed it's Singapore operation. However, they should be able to tide over this difficult … [Read more...]

Recent buy for these blue chips

In the last 2 months, the global stock market suddenly became lively. Last week, even the STI was closing in towards the 3000 mark. Many of the experts have predicted a market correction if Mr Trump won the election, and of course, we know by now that it didnt happen. In fact, Dow Jones has been hitting new high. Market always has it's surprises, thus time in the market is important. Over the 2 … [Read more...]

We have forgotten – Asian Financial Crisis

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I guess most of us only remembered the last Great Financial Crisis, starting with the housing toxic securities which the bubble finally burst in 2008/2009. How many of us still remembered the Asian Financial Crisis and how it started. This site here has documented the entire timeline and events if you are interested. Why am I writing this out of the blue. In the past weeks, after Trump won the … [Read more...]

These high yield blue chips performed well during the US Presidential Election week

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It has been an interesting week, but for some, it has been a roller-coaster feeling, the market was behaving erratically during the Presidential Election day and the day after. I was hopping that the market will react drastically downwards so that I can capitalised on it, similar to my purchase of HSBC during the week of BRexit. But as we all know by now, the market crawled back and cover what was … [Read more...]

My friends bought iphone7 but I bought stocks this week

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Apple has just recently launched iphone7, and few of my colleagues were very excited about it. They started monitoring the launched date from their respective Telcos, and finally they managed to book their gadget, and collected yesterday. On the other hand, I was not as excited as them, not sure if I am the only one. However, the past weeks, the market has been volatile due to the next Fed … [Read more...]

How did my HSBC performed after BRExit

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Weeks before the BRExit polling day, there were many news on the probability of Britain leaving EU, and how this will have impact on it's economy if it happens(now we already know the polling results). There were many gloomy news, and sentiments were not good. After seeing how the large US banks are still around today and survived the Great Financial Crisis, I kind of like bank, and they are top … [Read more...]

What did we learnt from the last Fed Interest rate increase

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On 16 Dec last year, Fed raised the interest rate, and lately, many of the financial news are also talking and speculating about when the next increase will be. Let's look at what happened to some of the counters when the interest rate was increase last year, hopefully, this can help us to navigate for the next one. The first column is the counter price after the announcement of the hike, and … [Read more...]

What to do with the conditional cash offer for my Sim Lian?

Sim Lian has offered at $1.08 to exit and will be delist from the exchange, and I have accepted the offer. What am I suppose to do, as a minority minority shareholder, it seems that we do not have much a choice. This is a stock with good dividend and discount to it's NAV, for most of the investors, it would be nice to keep it as a long term investment, enjoying it's dividend and as well as it's … [Read more...]

STI – Are we near bottom

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STI did not manage to stay above the Jan high of 2897 despite the small rally, and in fact it has been trending below the 10 year moving average since Aug last year. As I do not have enough data points before 2006, the 10 year moving average starts from 2006 in the graph above. The last time the STI index went below the 10yr MA was during the GFC in 2008. Apart from 2008 crisis, most of the … [Read more...]

My strategy and lesson learnt

The past few months have been a roller coaster to many investors and traders, the market corrected like no tomorrow and there were many gloom and doom news from the media. At one point, STI went to below 2600. However, the last few weeks, most of the index and counters have recovered with a vengeance.  Looking back, what have I learn from this episode so that I can be a better investor and prepare … [Read more...]

A quick look at CapitaCommercial Trust Reits

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STI has corrected by more than 20% and most stocks are also beaten down. Although there were many not so positive news about over supply of office space in the CBD area, this stock has been pretty resilient. Pulling the data from the stockfact from sgx.com, the PB and div looks pretty decent. Using the same portal, if you sort the Reits by div yield, you get the below. In a rising interest … [Read more...]

Retail reits – Are they still worth looking?

It's a festive month and many people are in the mood of spending for their love ones or themselves. There are many reits listed on SGX, who owns large shopping malls, is it worth looking at them now. Before you look at these reits, do take some time to read these articles below first, and it might change your thinking. Alibaba Singles Day sales; 1. Alibaba busts Singles Day sales record 2. … [Read more...]

My first online shopping experience

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Well, actually it's not really my first time buying stuff from the internet. Its just that the last time I bought stuff from a online merchant was more than 5 years ago. Recently, during the black friday and cyber monday, I bought some stuff from Amazon, and here are my thoughts after buying them.CurrencyWith the USD getting stronger, it is no longer that appealing to buy stuff from the US. It … [Read more...]

What does George Soros, David Tepper and Robert Shiller think in common?

In the recent few months, these big boys have been feeling negative about the US stock market, or at least their action says so. It might be worth taking a serious look as all the US indices are all time high. George Soros has been increasing his shorts in the S&P in a big way for many months now. He has also been slashing and reducing his exposure to the US equities in the recent months. … [Read more...]

Best 2015 Performer

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Russia stock market was one of the worst performer last year, and remember in one of my previous post, I mentioned that my initial investment was down by more than 30%. This year, despite all the bad news, Russia market is one of the best performer, apart from China. Just last week, I have added on to my initial investment, as the chart below shows that the price has broken the 200D resistance. … [Read more...]