TheFinance.sg » Investing

Stock Chart: NOL!

Dou — Thu, 24 May 2012 14:31:07 +0000

On Thursday, NOL re-test the resistance at $1.05 and closed at $1.03 with regular volume of 11.6 million shares traded.

During the past 10 bars, there have been 3 white candles and 5 black candles for a net of 2 black candles. During the past 50 bars, there have been 18 white candles and 26 black candles for a net of 8 black candles.

RSI & MACD are bearish though RSI in oversold region.

Important Resistance of NOL: $1.05

Immediate Support of NOL: $0.995

Currently prices are well below 20/50/100/200 days MA.

Since 11/April, NOL has been undergo heavy selling pressure and the selling has yet to eased as prices seems to lost its power to rally higher.

The support at $0.995 is expected to be strong.

Although we do not suggest buying such bearish stocks but we would expect prices to rebound …

Global Logistic Properties 4Q Net Profit Tripled to US$156.5M!

Dou — Thu, 24 May 2012 14:20:25 +0000

On 24/May, Singapore shares ended lower after data pointing to a slowdown in Chinese manufacturing.

STI ended lower at 2779.53 (0.03%) with LOW VOL of 1.22 billion shares traded compared with 1.35 billion shares Thursday. In the broader market, gainers outnumbered losers 174 to 160. Today STI trend sideways as more investors sidelined for more news ahead.

Headline in STI

Before market close

United Overseas Bank Ltd. (U11.SG, UOVEY) has established a HK$30 billion certificate of deposit program.

After market close

Global Logistic Properties Ltd. (MC0.SG) 4Q net profit tripled to US$156.5 million compared to US$49.2 million a year earlier as the company recognized fair value gains on properties in China and Japan.

Bharti Airtel Ltd. (532454.BY) will pay about $165 million to buy a 49% stake in the Indian broadband wireless access units of Qualcomm Inc.’s (QCOM) as part …

Book Review – “The Warren Buffett Stock Portfolio”

financiallyfreenow — Thu, 24 May 2012 02:00:31 +0000

Recently, I have been reading books on the basics of value investing to reinforce the ideas of value investing. It always good to read about the tenants of value investing again once in a while, so that I can keep my legs firmly planted into the world of value investing and not let my views be diluted by the masses.

This book review covers the book called “The Warren Buffett Stock Portfolio” written by Mary Buffett and David Clark. It delves into some of the stock purchases of Warren Buffett under Berkshire Hathaway and why Warren bought them. The stocks covered in this book includes:

American Express
BNY Mellon
The Coca-Cola Company
ConocoPhilips
Costco Wholesale Corporation
GlaxoSmithKline
Johnson & Johnson
Kraft Foods, Inc.
Moody’s Corporation
Procter & …

Saizen REIT: To buy or not to buy?

AK71 — Wed, 23 May 2012 14:43:00 +0000

Regular readers would know my whole story with Saizen REIT. I remain invested in the REIT for various reasons which I believe are still valid.

This blog post is to answer a question which I have received from readers, friends and family alike. Is it a good time to buy more units of Saizen REIT?

This is a question which I would avoid giving a direct answer to. There is a great deal of subjectivity.

However, I would present some numbers here and you decide.

The annualised DPU is some 1.22c based on the last payout. At 13.6c a unit, the distribution yield is some 8.97%. Sounds good?

However, bearing in mind that its warrants will expire on the 1st of next month, I expect the warrants to be fully exercised within these few days. The exercise price is 9c. This would increase the units in issue by …

Stock Chart: Genting SP!

Dou — Wed, 23 May 2012 14:40:07 +0000

On Wednesday, Genting SP re-tests the support at $1.505 and closed at $1.505 with HIGH volume of 37.84 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.

RSI & MACD are bearish though RSI in oversold region.

Currently prices are well below 20/50/100/200 days MA.

Immediate Resistance of Genting SP: $1.565

Immediate Support of Genting: $1.505

Genting SP has clearly ended its uptrend when prices gap down below the rising trend line on 11/May. This is a bearish signal and triggered more selling pressure.

The resistance at $1.565 is expected to be strong.

We would not suggest buying Genting SP for …

No related posts.

SIA: Temasek Holdings Raises Stake to 56%!

Dou — Wed, 23 May 2012 14:20:21 +0000

On 23/May, Singapore shares ended lower after a former Greek prime minister said preparations for an exit from the euro zone are being considered.

STI ended lower at 2780.42 (1.5%) with LOW VOL of 1.35 billion shares traded compared with 2.19 billion shares Tuesday. In the broader market, losers outnumbered gainers 296 to 92. Today investors panic sell their riskier assets as they fear on the exit of Greece.

Headline in STI

Singapore Airlines Ltd. (C6L.SG) said that Temasek Holdings has raised its stake in the airline by a percentage point to 56% via a series of open market transactions.

Technical Analysis on STI

Immediate Resistance of STI: 2792

Immediate Support of STI: 2694

MY sentiment on STI: Fears selling has yet again triggered into the Singapore stock market as investors are worried on the future of the global economics. Tomorrow will be a critical …

Profile of the Typical Singapore Property Investor

Propwise.sg — Wed, 23 May 2012 11:29:39 +0000

By Getty Goh

Property is a hot topic these days and it seems like everyone is jumping onto the property bandwagon. In my line of work, I often come across seminar participants who ask me where they can find good property deals. What many of them fail to realize is that finding good deals is only half of the solution. The other half is having a good understanding of their investment profile (i.e. risk appetite, investment horizon, budget, holding power, etc). Very often, the difference between a profitable deal and a non-profitable deal is determined by an investor’s ability to hold on to the investment, regardless the market condition.

To better help my seminar participants, my company, Ascendant Assets Pte Ltd, has developed a proprietary Property Investor Profile Survey (PIPS) to help our clients better understand their individual investment profile. After doing the survey, we will score them based …

Fighting Investor-Rights Abuses in China

Martin Lee — Wed, 23 May 2012 04:52:33 +0000

Yesterday, I read an article on Barron that had an interview with a guy called Dan David who used to be an investor in US-listed China stocks.

When Dan first read research reports that were pretty negative about some of these companies, his initial impression was that they were wrong.

So he decided to set up his own investigation team in China to prove the doomsayers wrong.

What he found out however, was that fraud was pervasive and out in the open. Things like:

Facilities that were supposed to be there were not operating.
Staff count of supposedly 1500 people …

Investment Insights: UOB Gold/Silver Saving Account

Greatsage — Wed, 23 May 2012 02:05:00 +0000

Two years ago, I wrote two articles on my investment experience on UOB Gold/Silver Saving Account. There were many comments and queries from my readers. Firstly, I must clarify that I did not represent UOB when I wrote the articles and UOB also does not pay me for promoting their product. Secondly, I wrote the articles based on my investment experience. I had made some money from it and thus, wished to share with my readers. I will not bear responsibility for any potential losses incurred as readers need to do homework before investing or alternatively, they should seek financial consultant’s advice before deciding for themselves whether to invest in this product.

Recently a reader queried the GST and fees chargeable for the transactions for UOB Gold/Silver Saving Account. Based on UOB’s website, there is no GST chargeable for transactions. As for the fees, they are indicated clearly in the …

I want to be rich but I don’t want to save too much!

Drizzt — Tue, 22 May 2012 23:35:08 +0000

Saving money is hard as you grow older. Getting married, having kids and their expenses, needing a car and taking care of the parents. How the hell do you find large sums of money for investing to grow your wealth?

6 years ago, I came across Richard Russell’s 4 valuable advice to folks all walks of life. The one that left the greatest impression was the difference between an investor who starts investing at 19 years old and stops at 25 years old, versus one that invest the same amount from age 26 all the way to 65.

Their record would have been equal.

Achieving the rate of return is the key, and probably what we discuss more on this site. This week, I cam across an article by Andrew Hallam, who wrote millionaire teacher. The key takeaways are a few things

We know that he does low cost indexing …

Stock Chart: STX OSV!

Dou — Tue, 22 May 2012 15:04:50 +0000

On Tuesday, STX OSV re-tests the resistance at $1.59 and closed at $1.565 with LOW volume of 6.35 million shares traded.

During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 16 white candles and 26 black candles for a net of 10 black candles.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of STX OSV: $1.59

Immediate Support of STX OSV: $1.485

Currently prices are resisted by 20/100 days MA at $1.59

For the past 2 trading sessions, prices have been re-testing the resistance at $1.59 but failed to break out.

The resistance at $1.59 is expected to be strong.

Prices seem to be having issues in sustain above the $1.59 resistance due to profit …

Investing in Consumer Staples

FF — Tue, 22 May 2012 14:31:00 +0000

Read a book recently about investing in consumer staples. I think the ideas presented were fairly new to me as I have never ever thought of investing in consumer staples before. I guess there are not many consumer staples kind of stocks in Singapore other than the telcos and the transportation companies.

Well, if one has access to the US market, one could invest in stocks like Colgate-Palmolive, Proctor and Gamble, Coke, etc. These are really defensive play stocks and the businesses should do reasonably well even if the economy tanks. Afterall, people still need to brush their teeth and wash their hair even if the economy is bad.

STI Rebound On Strong Buying!

Dou — Tue, 22 May 2012 13:02:07 +0000

On 22/May, Singapore shares ended higher after Europe leaders are expected to discuss measures to promote growth and ways to keep Greece in the euro zone.

STI ended higher at 2823.75 (1.2%) with regular VOL of 2.19 billion shares traded compared with 1.16 billion shares Monday. In the broader market, gainers outnumbered losers 282 to 97. Today STI undergo heavy buying pressure as investors regained their confidences on the market.

Headline in STI

No updates

Technical Analysis on STI

Immediate Resistance of STI: 2848

Immediate Support of STI: 2791

MY sentiment on STI: STI has broken the critical resistance at 2791 and boost the confidences of the market. The selling has clearly eased as the index rebounded strongly. Suggest to look into buying for this week on any pullback as it is not too late for entry.

STI Rebound On Strong Buying! is contributed by : …

Singapore Property News This Week #52

Propwise.sg — Tue, 22 May 2012 11:29:53 +0000

Residential

Indications of cooling property market

After five rounds of cooling measures to discourage speculative demand and the increase in housing supply as part of the measures to cool the property market, results can be seen in the slight decrease in private home prices in Q1 2012, the fall in the proportion of sub-sales (an indicator of speculative demand) to 4%, as well as the fall in the proportion of private residential property bought by foreigners and companies to 7%. The resale prices for HDB flats have also slowed down, increasing by a mere 0.6% in Q1 2012.

However, the increasing number of shoebox units and rising mass market prices remained problematic. As of end-Q1 2012, the 2,500 completed shoe-box units made up 1.2% of the 210,000 non-landed private housing units and the figure is expected to hit 9,700 by 2015. 80% of these completed units are located …

Advertising in my blog, SG Web Reviews

Greatsage — Tue, 22 May 2012 05:06:00 +0000

My blog readership has been rising in recent months and I had received requests to advertise events in my blog.

If you have any products, services or events which you like to promote, feel free to drop me an email.

I can be contacted at sgwealthbuilder@gmail.com.

Thank you.

Magically yours

Tug of war – Bull vs. Bear Ends. Financial market plunges. What’s next

Patrick See — Tue, 22 May 2012 04:24:21 +0000

Published Singapore Monday 1pm.

The above article commenced mid February with Part 2 in March and Part 3 in April. My benchmark for the tug of war list of events is the DJI ranging from 12800 to 13000. I had picked the above title, then, is because my speculation was that market would trend sideways until the next key events.

Last week, DJI closed below 12,400 together with S&P500 and Nasdaq closing down for the week back to back. Hence, the tug of war or range trading had ended. Leading to the correction were the following list of events:

· GDP were weak then

· Currencies were lower (not USD) signalling higher inflation….

However, having provided all the bad news…. here comes my technical reading.

Technically, RSI and various indicators signal ‘oversold’ levels. The big boys, fund houses may have program buying at key technical support levels. Hence, there’s a strong possibility the market would take a short breather from these oversold positions.

Carry trades

The global sentiment is risk-off. Volatility is high. This leads to unwinding of carry trades in currencies. Hence, safe haven currencies are sought after. The Yen and US dollar rises. Other currencies including commodity currencies weaken. This leads to a fall in commodities – mining, agriculture, etc.

On a separate matter…

Properties. This is probably your biggest and longest investment. Most, if not all would take the longest tenure. Here’s the problem most of you do not see. You’ll be paying the biggest loan and let the bank earn your money. Your principal gets lowered very very slowly…

In search of higher income and better standard of living. What’s missing?

Patrick See — Tue, 22 May 2012 04:10:57 +0000

In my 16 years of practical experience being in the financial industry, I’ve assisted a handful in claims – death and diagnosis of major illness. Fortunately, all claims were processed and approved. Their loved ones and dependants are ‘well’ taken care off.

I am writing to you as I am very concern for most of you – in the area of personal financial risk management.

We complete our education, find a job/career, start a family, buy a house, and pay off our debts while planning for retirement. However, in this search of climbing the corporate ladder, earning a better income while starting a family, many (NOT all) are in search of higher income.

In my opinion, the primary objectives of most family are a higher income and a better standard of living. What I am concerned about is that the improvement in income and a better standard of living does not equate to a proportionate level of savings, investments, retirement funding, protection of future income for future expenses for self, loved ones and dependants.

Why is that so? The common reasons are:

No money, no worry, no hurry. Hence, the issue is that when they reach pre-retirement, the time factor, health factor, insurability factor may be too little too late….

Buy China Minzhong @ 0.62 22/05/12

James Yeo — Tue, 22 May 2012 02:29:00 +0000

If you are looking for a value stock to invest in this period, there is one staring right at your face and that is China Minzhong (cmz for short)!

While the stock market falls only 10% recently, cmz has without valid reason; plunged to a low of 0.58 from an average price of 1.2!

Thinking that it is a secret sell off by the management or other funds, i held my horses.

Right now, with templeton fund and lin guo rong (CEO of cmz) buying back with huge amounts, it has prompted a reversal ytd and closed at 0.615.

I have bought them at 0.62 and decides to hold it for some time here.. If it would return to 1.20, it equates to almost 100% return! :D

Hope you like this post & can support me by Liking my facebook page – www.facebook.com/kissinvesting.