Detailed fengshui analysis for the Earth Rat year

By: La Papillion My special guest blogger, skyalps, wrote this summary of the fengshui analysis by Raymond Lo for the year 2008. Thanks pal, for the great summary on what to expect. Do your own analysis and research before committing your money, as always. Personally, I found the talk quite interesting as I had little prior knowledge of Fengshui and Chinese Astrology. However, I noted that … [Read more...]

A Turbulent Week

There has been only one direction for the market this week and that is down. The dreaded 'R' word has been the topic of debate and some investors believed that the US is already in a Recession. Our local bloggers have been lying idle either. They have been busy posting various reports and their own views of the current situation. (Click on the title for the full post.) By: Alen Stock … [Read more...]

Market Update.

By: Kleer These articles were published in the Straits Times today: IMF warns subprime crisis losses 'may be higher' The United States subprime mortgage crisis will likely produce deeper problems than expected because not all market players have 'come out clean' about their losses, the International Monetary Fund said. 'Some analytical work modelled on conservative assumptions suggests … [Read more...]

Market Update.

By: Kleer This weekly commentary was compiled by DBS Vickers this morning: Stay cautious this week, as the market is likely to continue its downward bias. The play on recent IPO listings has waned while S-chips could suffer more downside amid concerns about margin pressures as investors unwind. The impact of the credit crisis on the corporate earnings of US financial companies will be … [Read more...]

STI Update.

By: Kleer Compiled by OCBC Research on 9 January 2008. Will 3,300 hold? We had forecasted in our 28 Nov report that the rebound will wane out as it approached the 3,650 level, which has unfolded as per our forecast. The STI has failed to deliver a sustainable rally over the last 3 months since it rebounded off the 3,300 level in Mid-Nov 07. It tested this support level once in Mid-Dec … [Read more...]

Fundamental Trends To Watch For 2008

By: DanielXX Finally got around to writing this article. I wrote one last year (see link) and it served well as a guide for myself over the course of the year. In the context of the volatility and some say possible recession looming in 2008, it is useful to note that there will be bull sectors during any part of the market cycle. For example, even in the stagflation years of the 1970s, not … [Read more...]

New Revamped STI Index

By: Derek Lim The new revamped STI index will be launched tomorrow. The new index will be slimed down to 30 stocks. Some notable companies that have been removed include Creative Technology, Venture Corp and Chartered Semiconductor, either for failing to meet the minimum market cap requirement or because their shares were not sufficiently liquid over the past year. It comes at no surprise as … [Read more...]

MM Lee on Singapore Economy

By: Derek Lim Below is an extract on Channel NewsAsia report on MM Lee speech during a gala dinner on Monday to celebrate the 40th anniversary of the Institute of Southeast Asian Studies (ISEAS). On the economic outlook, Mr Lee said the Singapore economy should do well. He said he expected developments like the integrated resorts and the Formula One Grand Prix later this year to lift the … [Read more...]

DanielXX (An Overview of 2007)

By: DanielXX If this overview is written at the end of 2008, it would be much clearer whether 2007marked the decisive turn of the 4-year global bull market or whether the now infamous subprime issue was another wall of worry that the bull market eventually scaled gingerly. As it is, the bull market that reached near-hysteric proportions by July 07 was cut dead in its tracks by the sub-prime … [Read more...]

SGX: New Bid Size on Monday 24.12.07

By: La Papillion Just a reminder that on Monday, the new bid size system will come in place. I'm still wondering what kind of impact it will do to traders here. Ccloh from cna forum had analyzed it very nicely, so I'd like to share it here: Advantages ------------- 1. for less than $3 stocks, the bid size is as usual but good thing is now you can queue 10-bid lower or higher to buy or … [Read more...]

Is there any reason for the fall in high yielding dividend counters?

By: Drizzt I know alot of folks are fans of high yielding stocks and are heavily vested in it. If you have notice recently, alot of these high yielders are falling like flies. What happens in such a situation? the yield gets more attractive. some good examples are MIIF, Allco REIT, Cambridge REIT, Babcock & Brown. So do they make a good buy now? I’m still investigating the … [Read more...]

Big writeoffs for sub-prime losses

By: Tan Kin Lian Mr Tan, Why are there so much writeoff for bad loans by the big American banks and brokers? I thought that they package the products to sell to other investors. It seems that they are stuck with a lot of these products in their own funds. Surely, they know the risk and the defaults with the sub-prime mortgages? REPLY In a large institution, there are many layers of … [Read more...]

Stagflation is here

By: Brendan Lee When I was studying economics during my university days, I learned that the worst economics scenario is not recession, but its stagflation. In a normal recession situation, inflation falls and unemployment rate rises. In a stagflation situation, inflation rises, unemployment also rises. When the economy is facing recession, the government can implement expansionary monetary … [Read more...]

The Efficient Market Revisited

By: Jay There has been a lot of debate since the 1950s whether markets are efficient or not. Btw, if you are asking what the heck is an Efficient Market, you can read this posts first. Label: Modern Portfolio Theory Ok Efficient Market. Essentially, some academics came out with this theory that nobody can earn a superior return than the market return (ie average investment return) over … [Read more...]

STI up another 1.24%

By: La Papillion Dow was still up last night and the party goes on. STI went up another 43 pts (1.24%) to close at 3521 with a volume of almost 2 billion. All the biggies moved up - SGX, DBS, Cosco...could it be that funds are buying up now to window dress their portfolio for the next year? Possibility is there. A lot of funny stuff happened towards market close. Sudden whack up and whack … [Read more...]

Inflation

By: Larry Haverkamp (Dr Money) What you can do about ... OH no! Inflation is coming. And lots of it. Check out the trend: Inflation in 2005 was 0.5 per cent. It doubled to 1 per cent in 2006. This year, it will be about 2 per cent. Last month, the Government forecast 2008 inflation to be 2 to 3 per cent. Now, the official forecast is 3.5 to 4.5 per cent. What is going on? We haven't … [Read more...]

Sovereign Wealth Funds to the rescue?

By: Drizzt In the midst of the current financial turmoil, how do I see equities in the 2-5 year horizon? While most would bet that the Emerging Markets will do better than the developed markets of US and Europe, I wouldn’t be so sure on this. Sovereign funds, for example the likes of Temasek, have been starting to materialise for many countries. The government of these countries typically … [Read more...]

What a year!

By: Wilfred Ling Had a few conversations with my clients who took up investment this year and all of them had the same complain: why their returns either just broke even or had even slight losses? I did some computation and this is what I found: I computed the return of the MSCI AC World Free Net in SGD terms. In this computation I calculated the return as at 23 Nov 2007 if an hypothetical … [Read more...]

Long term investors now short-term speculator trader

By: Wilfred Ling With the recent extreme market volatility, I had been receiving a number of calls from clients with regard to their portfolio. Although everybody knows that investing is long-term, but it seems everybody has forgotten about that when market is down. With the recent market downturn, it seems everybody has turned short-term speculative trader overnight. Some demanded whether … [Read more...]