The best thing about buying the right stocks is that you are actually owning good companies with talented individuals running them.
Tuesday, October 23, 2012
Tuesday, October 16, 2012
Monday, October 15, 2012
STI is up today, but is it sustainable?
From what i can see in the market today, there are a lot of liquidity flowing from overseas. If i trade currencies and know that certain currency strengthen against Singapore's, my guess will be that liquidity is most probably from that country.
From what i can see today, some stocks were up significantly. Yeo Hup Seng was from $2 previously to $6 today.
Whoever bought stocks today, don't think that just because your stock went up today, means you are right about it. The buying today seems random. Someone or somewhere's pumping money into Singapore. But no one knows from where, but when they pump it in, you are in no control as to when they will withdraw their earnings which might cause your loss.
Sunday, October 14, 2012
Last week's bargains on SGX
Singtel had been going on a pretty good price of $3.15 since Temasek decided to dispose a small percentage of it.
Last week i've noticed Singtel was bought twice by directors. I think with the current price now, it is a good buy since they managed to bid for the third time, the Barclays Premier League (BPL).
Source: http://www.todayonline.com/Hotnews/EDC121011-0000060/SingTel-scores-a-BPL-hat-trick
The next stock i wanna share with everyone is Pan United
With the fast expansion of Singapore's infrastructure, a basic building material is now the very essential material for every construction. This company is worth a look!
Friday, October 5, 2012
My Next Buy Target
4 Oct 12
ST ENGINEERING’S ELECTRONICS ARM SECURES S$166M OF RAIL ELECTRONICS AND SATELLITE COMMUNICATIONS CONTRACTS IN 3Q2012
However, it is expensive at the current price so will have to wait till it drop till $2 or below $2.
Tuesday, October 2, 2012
Another indicator of bear
Genting is disposing some of its securities.
Source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C5E0A17633347B0748257A8B003DDC89/$file/Disposal_of_Quoted_Shares.pdf?openelement
Monday, October 1, 2012
Bearish Indicators
Channelnewsasia.com (2012) states "Temasek's sale of SingTel shares came a day after it was reported to be sounding out potential buyers for its 18-per cent stake in British bank Standard Chartered worth 6 billion pounds (US$9.7 billion)."
Temasek is now selling its assets for cash at this period, when interest rates may be going up. Growth rates will slow due to rising inflation and the stock market may burst the bubble any time from now. I am investing with care and hopefully when the stock market crash, I'll have some spare cash to buy cheap assets.
Reference List
Channelnewsasia.com, Temasek to reduce stake in SingTel, viewed 01 October 2012
<http://www.channelnewsasia.com/stories/afp_singapore_business/view/1228071/1/.html>
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