Friday, March 30, 2012

Tea with AK71: Reel fight to real fight!

I enjoy Chinese period drama. I enjoy Chinese pugilistic movies with good kung fu too. Two actors I particularly like watching in such movies are Donnie Yen and Zhao Wen Zhuo whom I recently found out is called Vincent Chiu.

Donnie Yen

I don't usually follow the entertainment news and I usually skip the "Life" section in The Straits Times. Due to this, I have been said to have no life by

Thursday, March 29, 2012

SoundGlobal: Golden cross.

Are we about to see the formation of a true golden cross which is the bullish crossing of the 200dMA by the 100dMA?

"A real, true golden cross — a very Japanese signal — occurs when a rising 100-day moving average crosses above a flat or rising 200-day moving average. It signals positive price action." Goola Warden, The EDGE.

The 200d MA in this case is still declining. So, the case for a

Wednesday, March 28, 2012

Tea with AK71: Learn a second language!

I remember a Caucasian lecturer from New Zealand telling me before that he wished he was bilingual. He only knew the English language and he didn't think he was totally proficient in the language either. He said he thought the Singapore government did the right thing in schooling us in two languages.

It seems that learning to speak a second langauge also makes us smarter if what I read in a

Tuesday, March 27, 2012

Wilmar: A nascent rebound.

A double bottom has formed on Wilmar's daily chart. Volume lowered when price tested the bottom a second time at $4.86, suggesting a lack of interest in the counter by market participants.

However, a rising MACD which completed a bullish crossover with the signal line suggests improving momentum although it is still in negative territory. What we could have is a rebound, if not a reversal.

Low interest rates' a double whammy for some.

Central banks in many large economies around the world are keeping interest rates really low, near zero in countries like the USA and Japan, in fact. Low interest rates are seen as the way to encourage economic growth by making borrowings cheaper.

To revive their sickly economies, the relevant countries' low interest rates could be instrumental. However, as money would go to where it is

Monday, March 26, 2012

CapitaMalls Asia: To buy on possible weakness.

There is a rather obvious negative divergence between price and the MACD. Higher price was achieved with a lower high on the MACD recently. So, we should not be surprised if the share price should decline in the near future as positive momentum in the short term weakens.

However, look at the OBV. There is no sign of smart money retreating as price rose. In fact, it is scaling higher. This

Saturday, March 24, 2012

Affordability of housing in Singapore.

Hot on the heels of my last blog post on property prices in Singapore and whether more cooling measures are on the way, I came across an article in TODAY which reported that HDB slammed PropertyGuru for inaccurately reporting that it is more affordable to buy a private property than a resale HDB flat.

I am not really interested in their squabbles since it has no bearing on my life. However, I am

Wednesday, March 21, 2012

More cooling measures on the way?

A friend told me that the middle class in Singapore is rich and they have plenty of money for investment. That is probably just a guess. So, I would also hazard a guess to say that many are probably leveraged up to invest in properties and that they are not all cash rich per se.

Notice how it is new launches which are doing well? This is evident in January and Februarys' sales figures. The

Tuesday, March 20, 2012

Office S-REITs VS. Industrial S-REITs (4).

For some time now, I have been saying it is better to be vested in industrial S-REITs rather than office S-REITs. My research supports this idea.

Now, with the government imposing more cooling measures on residential properties, many investors turned their attention to industrial and commercial properties instead. This has hastened the rising prices of such properties.

Indeed, when a relative

Yongnam: Immediate support at 25c.

Yongnam's share price has been rather stable. As a counter's share price sees a reduction in volatility, Bollinger Bands would start to narrow and "squeeze".  The beginning of such a squeeze is being observed here.

Daily chart.

A trading strategy using Bollinger Bands is to look out for an oncoming squeeze. This could be the precursor of an impending surge in price.

Couple this observation

Monday, March 19, 2012

Murdoch University Double Major Degree programmes.

Kaplan Higher Education Institute, one of Singapore’s preferred private education institutions is partnering Murdoch University from Australia to bring in the most extensive courses in South East Asia!

This partnership brings to Singapore a wide variety of Double Major Degree programmes including those that have previously never been offered in any local university - Sports, Security, and

Dettol - Flippy & Hoofy's Clean Quest!

Flippy and Hoofy’s Clean Quest Contest is a Facebook game launched by Dettol in conjunction with the release of the limited edition Dettol No-Touch Hand Wash featuring two cute cartoon character – Flippy the Penguin & Hoofy the Zerba.

Play the game and stand to win an iPad: here.

Sunday, March 18, 2012

Capitaland: Technical analysis can be simple.

Some readers asked me if I could teach them technical analysis. I have always declined, saying that it is easy enough to pick up. There are many good books out there and many good websites where one could pick up technical analysis.

Technical analysis can be quite simple. For example, this weekly chart for Capitaland shows the MACD rising in a wavelike pattern into positive territory. This means

Saturday, March 17, 2012

CapitaMalls Asia: Going XD on 23 April.

CapitaMalls Asia is paying 1.5c dividend per share on 9 May. It will go XD on 23 April.

What is termed as a true golden cross is going to transpire in the daily chart. This is when the 100d MA forms a bullish crossover with the 200d MA. This is usually an indication that the downtrend is well and truly behind us and any pull back to support is an opportunity to add to or initiate long positions.

Friday, March 16, 2012

Sabana REIT: Resistance to watch.

One month ago, I mentioned that Sabana REIT's unit price saw higher lows formed since August 2011 and that it was repeatedly testing gap resistance at 91c and 91.5c. I wondered then whether its unit price could break resistance to go higher. It did, going on to break resistance at 93.5c, and, in the last few sessions, tested resistance at 95c. It ended the day at 96c a unit with a massive buy up

Thursday, March 15, 2012

AIMS AMP Capital Industrial REIT: How much higher?

People are waking up to the stronger numbers as well as the attractive and potentially growing income streams of AIMS AMP Capital Industrial REIT.

It is interesting also to note that some analysts are reporting that the REIT has not one but two strong sponsors. In the distant past, few would even talk about the REIT in a positive light, much less the sponsors. This shows how durable the 

First REIT: To sell or not to sell?

I have received questions from readers and friends if they should sell their units in First REIT given its stellar performance of late. I can't really advise if they should sell or hold on to their investments. I am not qualified to give advisories and neither do I have the inclination to do so.

I would say the following:

Fundamentally, First REIT is rock solid. One should, however, remember

Beauty & the Beast, the 3D experience.

Walt Disney Animation Studios’ magical classic “Beauty and the Beast” returns to the big screen in Disney Digital 3D™, introducing a whole new generation to the Disney classic with stunning new 3D imagery.

The film captures the fantastic journey of Belle (voice of Paige O’Hara), a bright and beautiful young woman who’s taken prisoner by a hideous beast (voice of Robby Benson) in his castle.

China Minzhong: Initiated long position.

Anyone who is a follower of Jim Rogers would know that he is always asking people to become farmers and he is quite serious. Jim is of the opinion that farm incomes will increase exponentially in the next few decades. This stems partially from his belief that we should be invested in real assets like agricultural commodities which would retain their value in the face of heightened inflation

Monday, March 12, 2012

Perpetual bonds: Good or bad?

With interest rates so low these days, one would not be wrong to wonder why are companies and even a REIT issuing perpetual bonds to raise funds with coupons of up to 7%. To a layman like me with very rudimentary understanding of economics, it could be one of two reasons:

1. The business or REIT concerned is not able to get loans because its business is too risky.

2. The amount of liquidity

Sunday, March 11, 2012

Ben & Jerry's Free Cone Day!

To thank Singaporeans for making the world a fairer place and for their support of Ben & Jerry’s, we’re giving away free ice-cream on Free Cone Day!

Small, unnoticed, random acts of fairness make this world a better place.

We have captured some Singaporeans at their best, doing their small deeds to make the world a better place for that single person.

See who these people are and vote for

Thursday, March 8, 2012

Leverage up and buy investment properties now?

Today, I stumbled upon an interesting if disturbing bit of information. "Online loan" is the hottest in a list of keywords being searched for in Yahoo Singapore! For whatever reasons, Singaporeans are leveraging up or looking to it, it seems.

With the economy almost at full employment, it is harder to imagine people borrowing because they are in dire straits. Then why? They could be borrowing

Wednesday, March 7, 2012

Be a plumber or be unemployed?

I read an article in The Straits Times today on how a 50 year old Chinese plumber makes RMB10,000 a month clearing drains in Wuhan, Hubei, China. This is about S$2,000 and about 5 times more than what a fresh graduate in China is able to command as an office executive.

The plumber has saved enough money to buy a car and pay off his mortgage, feats which Chinese office executives are envious of.

Tuesday, March 6, 2012

SGX: Heavy selling.

SGX Centre Two

SGX's share price could go as low as $6.30 in time. This is the neckline of a reverse head and shoulders pattern which formed from November 2011 to January 2012.

However, both the rising 50d and 100d MAs should provide some support in case of further price weakness. Would they be strong enough to prevent a more drastic decline in price? Your guess is as good as mine.

If I

Sembcorp and SembMarine.

SembCorp's share price broke through the 20dMA as if it didn't exist. Could we see the rising 50dMA tested for support eventually? It is now at $4.70.

SembMarine's share price gapped down dramatically on the back of extremely high volume. It would not surprise me if the 50dMA should be tested for support in the next few sessions. It is now at $4.74. If the selling pressure is strong enough, we

Saturday, March 3, 2012

Tea with AK71: My briefcase.

When I first started work as an adult, I spent almost $200 buying a leather briefcase. I saw it in a mail order pamphlet, thought it looked nice and the price rather reasonable. It lasted some two years before giving way. So, did I buy a new briefcase? No.

One of my vendors gave me a briefcase made of fabric. It was much lighter than the leather briefcase I had and it was free! I was very

Friday, March 2, 2012

A movie: The Iron Lady.

I just watched "The Iron Lady" in which Meryl Streep plays Baroness Margaret Thatcher, the powerful former leader of Great Britain. Meryl Streep's performance was entrancing and she got the accent down pat!

It was a sad movie in the end but it was a sadness with an air of dignity.

Many things that Baroness Margaret Thatcher stood for in the movie resonated with me and I feel that Singaporeans

Thursday, March 1, 2012

Losing your hair?

Some of us might be suffering from pre-mature hair fall. I know many friends who are pulling out their hair because of this problem. Er... ok, bad joke.

Anyway, if you suffer from pre-mature hair fall, why not give natural remedies a try?

TK TrichoKare is a holistic hair and scalp care centre that provides European Herbal remedies (consisting natural botanicals such as Jojoba, Rosemary,