Raffles Education 01.02.2013

Sorry for the long absence.

Bought a bit of Raffles Education today for investment.

Hope the worst is over for them. Net Tangible Asset (NTA)/share is about 38cts. So nothing much to lose at the current price of 37/38ct.

Price to Book ratio is 0.71 while Price to Tangible Book ratio is 1.04. (source Reuters).

Am bottom-fishing (using extra cash) to gain maximum return.

Target to let go at 52 cent and above.

 

Happy New Year 2013!

Yes, a bit belated but won't miss the chance. So, here is wishing You the Best of All things to be in your life for a new year 2013! For all that has been, i say THANK YOU. For all that is to come, ALRIGHT :-)

My wish for 2013 is a world where there will be less greed, less fear, less hate, less ignorance and more kindness, compassion and wisdom for one another.

Regards,
Wenny

Drag!

Look at STI Weekly chart and Monthly chart below:

What the 2 charts above tell me:
1. Market has been in such a DRAG! Investors are undecided, BUT
2. Market is at a decision point and a resolution will be coming soon.
Personally, I still am more inclined to think that there is still upside to come because of falling volumes while index stays flat for the past week (which show presence of buyers as sellings were absorbed), I am not really that optimistic.
Market can't stay flat like this forever, so I guess we can still expect pockets of opportunities here and there.
Good luck!

Of GREED and SCAMS

As it is becoming harder and harder to make money nowadays while being squeezed by high inflations, more and more people are resorting to scams/fakes or ponzi schemes. Be aware and Stay alert!
http://www.cnbc.com/id/18057119/

IEV and KepCorp Update

VALUES Don't Lie! (Be it investment values or moral values)
See updated charts below.
IEV has been coming down while KepCorp going up since previous post on 2 April 2012.

(Tips: Personally, I usually take my profits when prices gap up and wait again at gap close area :)

IEV

IEV. Absolutely fabulous looking chart, isn't it?

This stock is trading at PE: 35. Price/NAV of 5.3

In comparison:
KepCorp is trading at PE: 11. Price/NAV of 2.7

I hope you will not be the last sucker to be holding on to this overly expensive baby, no matter how beautiful you think the face (chart) looks like as baby face will change when grow up, so will their  nature  lol ;)

Stock selection

I got many questions as to how I select my stocks. There are 700+ stocks in sg stock market alone.
The answer is there can be only 1 way. Through FA (Fundamental Analysis). And I do my stock selection FIRST through FA then TA. From my own experience, FA is more important than TA. You may wish to disagree and it is fine.

Where to learn TA? Plenty of resources available free from internet (which is where I learn mostly from in terms of time spent learning TA). Btw, for retailers, in case you do not know, 90% of the people in this industry know TA. So if you know TA, remember that the BB knows much more than you and most importantly, they have much more liquidity than a retailer.

Where to learn FA? I have a degree in accounting and it makes things a bit easier for me and subsequently did my CFA. This too, I believe, you can learn from internet for free.

Why do stock prices move up?
Ans: Because there is demand (and usually it is BB/funds/institutions who will  move and maintain the price). Why is there demand? Because of value or "perceived" value. What is value or "perceived" value? Warren Buffett talks about it :)

So, if FA is so great why do some fund managers do so badly?
Ans: Because what they perceived as value is not what others perceive as value. Lol!

To apply FA in stock market therefore is not an easy task but if one masters this skill, the risk/reward can be very good. But it is a very difficult skill to learn and most people just want to make quick bucks ignoring the risks, hence many just go for TA. "Break this line buy break this line sell". Making few bids here and there but when stock gaps down/up, one loses all the tiny profits and incur big losses.

As investor, besides VALUE, the other important component to know, is RISK. But, if you know your VALUE, you can minimize your RISK, hopefully; because like many things in life, there is this thing called LUCK too that is specific to each individual.

Complicated? Of course! If so easy, all no need to work, students no need to go to school, all just punt the market everyday. Do not be deceived, assess the Risk and Value but more importantly, know your own Luck! :-)

So there you go, no secret.

CMA Update

Outperform the market...AGAIN!! Previous post: CMA 13.3.2012

Musings...

My musings of the day..... 

"The body is balanced when it neither leans backward nor forward nor sideways. The mind is balanced when it neither leans into the past nor the future nor into distractions in the present."

"When we are too eager for someone to understand something, it means we still don't understand."

"Misery loves company. Bliss doesn't need any." BLISS is the BEST company :)

STI 14.3.2012

WAH! 20pts gap up, don't play play! :D
First AHA here. 2nd AHA updated 1 hour later here

STI 13.3.2012 (10.45am) update

STI 13.3.2012 10.45am update.

CMA 13.3.12

As the world becomes more and more consumeristic (got such word? lol), shopping & entertainment activities increase...good for CMA? What do you think, good for malls?

CMA daily chart

STI 13.3.2012

AHA! STI Screenshot@13.3.2012 9.25am intraday chart :)

STI 9.3.12

STI 30-min chart

STI 07.03.12

STI Intraday

Noble 07.03.12

Noble daily chart

NOL Update

Previous comment on NOL here. Price then was $1.28. I mentioned sellers (shortists specifically) were very kind to give chance to buyers. Today price hit $1.465.
How did I know it was the work of shortists who eventually will have to bring up the price as seen today?
Trade secret :)

Keppel Land

Keppel Land weekly chart

HPH Trust

Very nice pattern

Capitaland Update 24.2.12

Capitaland monthly chart update.

NOL

So kind, sellers give chance to buyers. Unbelievable!

Wilmar 22.2.12

Same amazing stunt every quarter....

Wilmar

Wilmar Weekly chart
-hit resistance

Yanlord

Yanlord Daily chart

Yanlord Weekly Chart

NOL

Warren Buffett

I like the last one the Best :)

STXOSV Update

First highlighted on 4 Jan 2012 on the nice chart formation here. And price keeps breaking higher.  The co. just declared a 10ct dividend. Definitely a WINNER! Indeed Double Happiness for its shareholder. Congrats!
But at this level, I am NOT looking to chase anymore.

The Roubini-Rosenberg Indicator

Nouriel Roubini aka Dr Doom Indicator:

Story taken from here
More about Dr Doom's recent comments on market here

STI Double V!

My Valentine Day's gift for you. STI's double V! Lol :D 

P/S: This is a very nice chart pattern :)

Yingli

Some people said be careful when penny stocks dominate the top volume counters. Such view is really simplistic if not naive. Wish stock market is as easy as that. First of all, not all penny stocks are junk stocks, (though many are). Some could be multi-baggars (though most are not). Secondly, one ought to differentiate a situation where penny stocks are played up from an overvalued or undervalued situation.
This is a weekly chart of Yingli. This is one counter which is not a junk penny. The other non-junk penny include GMG.
In choosing penny stocks to invest or even trade, TA alone is not enough, FA is also very important.

Yingli.