Sunday, September 4, 2011

Courage Marine: Added at 10.5c a share.

It has been some time since I wrote about Courage Marine. With the BDI in a downtrend, there was no reason to go long on this counter. The last time I did something pertaining to this counter was a divestment when news of a dual listing in Hong Kong was made known.

However, as I like the company, I have been tracking its performance which is of course closely tied to the BDI as most of its

Saturday, September 3, 2011

Bullish on Noble, IndoAgri, Genting and DBS?


I was reading The Straits Times online edition. Yup! AK71 is catching up with the Times! I love this pun!

There is an interesting article by Andy Mukherjee titled "Don't get seduced by analysts' darlings" and he selected four stocks as examples.

Andy is of the opinion that "analysts are overly bullish. They are beginning to turn nervous, but are far from throwing in the towel."

He also said

Friday, September 2, 2011

Wage slaves should be fearful.

I had a conversation with someone who said he is living hand to mouth and that he is somewhat worried with how things are developing in the world now.



Source: Bloomberg.

The Eurozone debt crisis, the persistently high unemployment in the USA, the political instability in the Middle East and the credit tightening in China seem like a recessionary cocktail.

Although Asia is where we find

Thursday, September 1, 2011

Tea with AK71: Durians tidak boleh?

This photo was taken at a MRT station on the Circle Line. See why people say Singapore is a "fine" country?



No durians but no fine if we were caught har?
Are the authorities partial to durians?

Does anyone know the reason why there is no fine for being caught with durians on MRT trains?

Could it be that the powers that be have not decided on how much the fine should be? If so, I have a