Currently, I am not making any more investments into the Singapore stocks markets until I have a better picture of the movement of the stocks. I mean most of the stocks are now trading in a manner which is not really expected by traders and investors. Take for example, Yongnam stock; Yongnam announced that it has secured some very good contracts yesterday, after trading hours, but let us take a look at Yongnam stock today. Yongnam stock went up from $0.225 to $0.23 and then closed back at $0.225, unchanged at the end of today’s session.Taking cue from the case where Sembcorp Marine stock also went south even after it announced some contract wins, I did not enter Yongnam stock today.
And let us look at Ezion stock; a mid-cap offshore and marine stock that has so many “analysts accolades”; now Ezion stock is not doing ......