Genting SP in a difficult position

S$9Billion in debts (bonds) + S$2.5B secured loans

Their total debts make up to about 11.5B. and they managed to pay back S$122M first quater this year and at most S$488M this year.

They are still left with S$10.512B of debts to repay plus bonds interest payout of 5%, which make out to be about S$45M per quarter.

To hold or sell will be your choice to make. Good luck :)

Correction underway

Embrace the bear and enjoy the ride later!

Very unpredictable market

The recent drop of STI suggests that investors are taking a very cautious approach to the reduction of QE by the Fed, ignoring fundamentals of good stocks which are making money as stated in their financial report.

One thing for sure is that the next announcement by Ben Bernanke will affect the market movements on the direction of further QE.

If the Feds decide to stop QE, the market is pretty sure to hit the bear stance and start dropping as most investors will anticipate a huge drop in the market. A Ben Bernanke's exit may direct markets as well.

Fund managers are on standby with cash to seize the great opportunity when the markets start dropping.

Hope i have enough cash to size the opportunity, so can you. In the meantime, be cautious with stocks and hold some cash for the GSS.

Good luck people :)

STI down! Don't panick.

The STI had been performing badly these few days and a lot of red numbers are coming up from the SGX website.

US was upgrade to stable by S&P, and Japan upgrades its economic outlook.

Source: http://www.reuters.com/article/2013/05/20/us-japan-economy-report-idUSBRE94J00S20130520

Source: http://money.cnn.com/2013/06/10/news/economy/sp-u-s-credit-rating/index.html

Both of them are good news but despite that, it still is not able to push up the markets. At current situation when the market is selling, most people out of fear, will start selling as well.

"The market is there to serve you, not instruct you" as stated by Warren Buffet.

Be determined and stick to your decision.

Good luck

Bears are tired while Bulls attack

The Straits Times Index dropped from a 5 year high of 3600 to 3300 in two week period. Blue chip stocks like ST Engineering and GLP see some fluctuation in stock prices. However, the tide is turning around with some good news.

Spain's economic position improved as it sees better export numbers.

Source: http://www.bloomberg.com/news/2013-06-03/spain-s-crisis-fades-as-exports-lead-the-way.html

This correction period could be a good chance for investors to buy stocks. A further bull run in future may occur as interest rates around the world remain low. 

Good luck to all investors.