Thursday, May 31, 2012

SoundGlobal: Rising 14.1% in a day!

I am having some difficulties uploading charts this evening. Don't know why. So, you would have to search out the chart for SoundGlobal if you want to look at it.

SoundGlobal's share price went up 7c (14.1%) today to close at 56.5c. The long white candle started the day at 50c which is where we find the 20dMA. It dipped below this MA and touched a low of 48.5c before rocketing to a high of

Monday, May 28, 2012

Double your career prospects!

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Kaplan Higher Education Institute, one of Singapore’s preferred private education institutions partnered with Murdoch University from Australia, brought in the most extensive courses in South East Asia!

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Saturday, May 26, 2012

Saizen REIT: Why did I buy and would I buy more?

There are so many ways to look at an event.  Some might look at it positively and some might look at it negatively. Some might jump for joy and some might break out in cold sweat.

All of us have imperfect knowledge and what we think is reality very often is enough to push us into action. Of course, what we think is reality might not be reality and those who are eventually proven right might

Wednesday, May 23, 2012

Saizen REIT: To buy or not to buy?

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

Saturday, May 19, 2012

AIMS AMP Capital Industrial REIT: Scrip Dividend.

I have yet to participate in any distribution reinvestment plans. I like to buy more units or shares at prices I deem fair or undervalued. Now, this is probably a subjective exercise but I like the fact that I have control over the purchase prices.

When AIMS AMP Capital Industrial REIT announced that it would be offering a distribution reinvestment plan in April, I said that I would not be

Friday, May 18, 2012

Charts: China Minzhong, Wilmar, Yongnam, Sabana REIT, AIMS AMP Capital Industrial REIT.

I have a friend who told me that he wants to buy more of China Minzhong at 50c. Why 50c? He can't quite say. Anyway, at 50c, I would have lost almost half of my initial investment in the company...

What does the chart say? Momentum is definitely negative and the MACD is still in decline. What is encouraging is the reducing volume over the last three sessions although it remains elevated. Today

Thursday, May 17, 2012

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You might win an adventure of a lifetime on the OZ Adrenaline trip for 2 to Cairns, Australia, worth S$10,000 because you live to outdo the everyday, to make every minute count!

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Monday, May 14, 2012

Old Chang Kee: Holey curry puff.

Asked my colleague to help me buy a curry puff from Old Chang Kee earlier as I didn't want to leave the office. Weather is too warm!

No, I didn't take a bite before I took these photos. You can tell that the exposed egg white and potato chunks are rather burnt. This is a holey curry puff...

This is proof that every curry puff is hand made and each one is different. ;-p

Related posts:

Saturday, May 12, 2012

Wilmar: Settling dust?

Bollinger bands are very popular in TA. Upper band acts as resistance and lower band acts as support. Look at Wilmar's daily chart, we see that price has pushed past the lower band. This gives us a very bearish picture. Support is weak. It also tells us that the counter is deeply oversold but remember that in very bearish conditions, oversold can stay oversold. It really doesn't say anything else

Thursday, May 10, 2012

Saizen REIT: Acquisitions to increase DPU.

To me, there are only a few important points to note in the REIT's latest presentation:

1. Management is on an acquisition path as this is probably the only way to increase DPU as it seems difficult to bump up occupancy of existing portfolio. Occupancy: 91.6%.

2. Potential dilution of DPU to the tune of 12% as warrants are exercised (if funds thus obtained are not put to productive use).


Wednesday, May 9, 2012

NOL: Bleeding badly.

On 2 February, I cut losses on NOL as its share price rebounded believing that "shipping industry will face a chronic situation of oversupply and weakening demand this year and possibly the next."

Blow-out 1Q12 Net loss. Neptune Orient Lines (NOL) reported a 1Q2012 Net Loss of USD 253.6 mil, blowing away our already pessimistic FY2012 (read: full year) net loss estimates of USD 160 mil, not

Wilmar: Mr. Market reacts to weaker earnings.

Wilmar's net profit for 1Q 2012 tumbled 34%, year on year. Mr. Market is showing his displeasure in the usual way.

Let us draw some Fibo lines. I am using the high of 15 February at $6.05 and the low of 9 April at $4.76. I am doing this in my office and cannot post the chart here. So, you would have to do it yourself if you want to see the chart.

It is interesting how price gapped down

Monday, May 7, 2012

Should have sold in May and gone away?

In The Straits Times and The Business Times today, there are at least three articles which mentioned "sell in May and go away" and whether it holds any water. Has anyone sold a large part or all of their investments in the last few trading sessions?

Well, today, global stock markets retreated as the Greeks and the French elected new leaders into government. They are sick of austerity measures

Thursday, May 3, 2012

Marvel's The Avengers!

I wanna watch this!

Marvel Studios presents “Marvel’s The Avengers”—the Super Hero team up of a lifetime, featuring iconic Marvel Super Heroes Iron Man, The Incredible Hulk, Thor, Captain America, Hawkeye and Black Widow.

When an unexpected enemy emerges that threatens global safety and security, Nick Fury, Director of the international peacekeeping agency known as S.H.I.E.L.D., finds