Guess what?? Founder of SC Global (Simon Cheong) has made a cash offer to buy all public shares of SC Global at $1.80 !!!  50% premium of the last closing price of $1.20....if you bought and hold until now...u shall profit $600 per lot

this is what we call investing:

Buy a good company cheap and hold onto it...don't trade in and out...u tend to miss the big gains.

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/all_in_one/company/!ut/p/c5/hZFJjqswAETP0gdoGafdwSwNhGAChMlMG5QwhzHITUJO31n-zVerlk8lvVKBFLwzXta2vvB2Gi89iEG6z3aEIF1QBEnARyzQQxhaqqZD7ApvnvzDzwyKAmWyi-SQwRNBf7QjEAso8294tjYemy9lDW4vd7PNSOAq2WyVPm3uOEXoMZkoOowmDRggrfvp-naLipSIKqYPlQaZ0uwSVzjwJt91YT12zA_lH2XzOplYulffDQdJWtKM-7IWq88yiHJ2v9Ym48Uh0dTWsUcloNIq9Vt_7vhg8aKdL7n4QlGNyvbz1JQLMdFXC4MbJ1XnLwRHlVtleV6HkhHJULsG9GAZWhNcs3zrbGjudD0usR67k4nO1f3WNcq-tuVE94-CF5fvRS3D3zOkpxI__B-f60lw7rz9s3p-ndDQO0sUp2VuBHQuhsUU6eOVLt0KIWtw0w7fd-o-jsDWp6EECUjF__2gyCKYB7YOmH78AgbPd8Y!/dl3/d3/L0lDU0lKSkthWUEhIS9JTlNBQ0lpTXdxSkFDQUpvb0dBIS80QzFiOVdfTnJ4UUMvN18yQUE0SDBDMDlPVTE3MElVQlE0QlZVMUNCNy8yMTU5OTgyMTY0ODI!/?CompanyCombons_7_2AA4H0C09OU170IUBQ4BVU1CB7_=SCGLOB&CO_ALLONE_SELECTED_INDEX=786&CO_AllONE_CHART_RET_CODE=SCGLOB&CO_AllONE_STOCK_NAME=SC+GLOBAL+DEVELOPMENTS+LTD&CO_AllONE_IBM_CODE=1W16&CO_AllONE_HP_CODE=D2S&CO_AllONE_MASTER_CODE=37401

the stock market is such a dynamic and unpredictable animal.....but it follows certain patterns/rules......just when we thought the market is about to crash, it has rebound above the 200 dMA....which is why i would rather teach u how to read it rather than just TELL u what to do(which u will not learn anything).

watch out! the STI has dropped to below the 200 dMA at 2974.....Dow Jones below 200 dMA at 12 993 with little signs of recovering....this could be the start of a market correction. If the downtrend continues, STI could hit 2700 in a matter of weeks. i am not joking....

http://stockcharts.com/h-sc/ui?s=$sti

my investing rules are very simple, when price rise above 20 dMA..i buy(sell when price starts to lose upward momentum and drop or price cut 20 dMA again)...when price drops below 20 dMA i short. if u can follow this principle/rules rigorously, u are very likely to make $$$$ in the stock market. Try it. Back test it. (http://millionaire-investors.blogspot.sg/p/technical.html). These investing principles has been tested time and again and works for both equities(stocks) and commodities(Gold, Silver and other metals..even oil)

the silver lining over the storm is Gold and Silver has rebounded from the 200 dMA while Dow Jones just crash through it.

http://stockcharts.com/h-sc/ui?s=%24SILVER
With US money printing, US dollar is set for devaluation and inflation likely to rise.

I do look at fundamentals of the stocks and read news BUT decision to buy/sell is always made using Moving averages(Technical analysis)....Reason being that news are often late and news are manipulated(to make us buy high and sell low)....U get rich by Buy low, Sell high...if u have yet to figure it out.........Stock market is a manipulated market....

i am looking at the palm oil stocks now....Golden Agri resources and Wilmar ....both looks like bottoming. if u study, the other palm oil stocks have also stopped dropping....

Wilmar has daily share buy back at $3.00 and a Director has bought 2,000,000 shares at $3.18 recently.

BTW crude palm oil(CPO) has rebounded from the october lows...and seasonally CPO prices tend to rise from  Oct to Dec..due to the many festive seasons.

http://www.palmoilhq.com/crude-palm-oil-cpo-futures/

Noble is forming a nice uptrend, supported by the 20 dMA.

YZJ and Cosco should benefit from China Trillion yuan infrastracture stimulus package....both are near the previous low...COSCO $0.87..YZJ $0.91....with the good news from NOL....might stir interests in other shipping stocks.

Good news!

NOL turn a $50 M profit for 3rd Quarter(2nd quarter was $91M loss)!

They sold their NOL building..netting a sale proceeds of SGD 246M.

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/all_in_one/company/!ut/p/c5/hZHJjqpAAEW_pT_AVKFMLilKoFAQkGLaEASsRmRqEYGvb5dv89I5y5OT3OSCBHxos6li2Vh1bfYAEUjEdKsovAFVuIeyLkNyCAILawYnu_Dj43_8mXISJBS5PAood1T4P-oQRJBPL3e5t5YxOq3q5N9Xd7ExmS0_40bsrpbtOEXgUaRg-aVNFJggYY_u-tkWFokiYZm8MfFTla1WR5G3bJPL8PaXwSRsp4pejRTL8NhgOvxei79bsWTSbVP6Yf44XtmJjsUh1nDl2K3qk2zaLLOv5cmwaPcnt0b1rHepLsFwDtCO7wMdts9Zck-8KvK2tpO11DCIcAspGwsKF01VUB4OrdDC4DmUncxfJ1ZnnH1DWAhziGs6v4gyXLZVPs-ki33jB1m94HF6dV04tlcSWDnbH-iYp3PTj5dO9HffR-Ecm8OSLs_DKyuNTcHVeYybNDpbbwpso2tKEINE-t8PKpJA39CpkcnXLy9GDnM!/dl3/d3/L0lDU0lKSkthWUEhIS9JTlNBQ0lpTXdxSkFDQUpvb0dBIS80QzFiOVdfTnJ4UUMvN18yQUE0SDBDMDlPVTE3MElVQlE0QlZVMUNCNy8yMTI0NDM2MDMwNTk!/?CompanyCombons_7_2AA4H0C09OU170IUBQ4BVU1CB7_=NOL&CO_ALLONE_SELECTED_INDEX=676&CO_AllONE_CHART_RET_CODE=NOL&CO_AllONE_STOCK_NAME=NEPTUNE+ORIENT+LINES+LIMITED&CO_AllONE_IBM_CODE=1F90&CO_AllONE_HP_CODE=N03&CO_AllONE_MASTER_CODE=229

hi,

Noble, NOL, Genting, SC Global etc seems to have bottomed...i entered with caution.

i noticed that SC Global has crossed its 200 days Moving average(the blue line) at $1.14 and maintained above it(supported)....likely the trend is turning up!!! a very bullish sign.

 

notice that many small developers are moving up..e.g Tuan Sing (0.325), KSH(up more than 10%).

There's one stock that caught my attention:

Haw Par group.

Price/NAV = 6.75/10.38 = 0.65.

Secondly, there's a lot of insider buying from $5.8 - $6.6.

Oh! it is Mr Simon Cheong buying on 13 sept, 4,688,000 shares! 1.18 now! check SGX....if u look at the chart of Ho Bee (its competitor who developed a huge chunk of Sentosa Cove), there were volume spikes(sudden increase in volume) just a few days before the price exploded upwards.

Fed Reserve launched open-end QE3

Stocks and Commodities are going to fly!!! Interest rates will be kept low till mid-2015 which means properties prices are likely to maintain high as long as there's cheap money (low interest rates).......Are u in position to benefit? Good luck!

The Federal Reserve has announced bold, open-ended steps to stimulate the US economy and reduce high unemployment, saying it will spend $US40 billion ($38 billion) a month to buy mortgage-backed securities for as long as necessary.
After trading flat before the Fed’s announcement, US stocks surged to multi-year highs and Australian stocks are set to follow. The Dow and the S&P 500 both closed at their highest levels since December 2007, while the Nasdaq ended at the highest since November 2000.
The US dollar fell, oil prices rose and gold hit a six-month high, and the Aussie dollar shot higher to $US1.0543, its highest level since August 10. Locally, the futures market is pointing to gains of about 0.75 per cent when the market opens.

 

The central bank also extended a plan to keep short-term interest rates at record lows - close to zero - until mid-2015, or six months longer than it had planned. And it said it’s ready to take other steps even after the economy improves under a ‘‘highly accommodative stance of monetary policy’’.

The plan
‘‘The idea is to quicken the recovery,’’ Fed chairman Ben Bernanke later told a news conference. But he made it clear he thinks the economy will need the Fed’s intervention even after the recovery strengthens, saying the country’s employment situation ‘‘remains a grave concern’’.
A new Fed forecast said it thinks unemployment, now at 8.1 per cent, won’t fall below 8 per cent this year.
"If the outlook for the labor market does not improve substantially, the committee will continue its purchase of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability," the Fed said in a statement.
In an additional move that reflects just how concerned Fed officials are about the economy, policymakers said they would not likely raise interest rates from current rock-bottom lows until at least mid-2015. Previously, it had set such guidance at late 2014.
"To support continued progress toward maximum employment and price stability, the committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens," the central bank said.
"They are definitely stepping up," said William Larkin, a portfolio manager at Cabot Money Management. "It creates an inflation outlook concern because if you are doing it for this extreme for this length of time, my biggest question is what is going to happen to inflation in two years?"

Pushing on a string?
The decision comes in the face of widespread questions about the likely effectiveness of a further foray into unorthodox monetary policy, including from Republican presidential nominee Mitt Romney.
Senator John Cornyn, head of the Senate Republican Campaign Committee, said the Fed appeared to be "trying to juice the economy" ahead of the presidential election to help Obama. "It looks to be political," he said.
Brazilian Finance Minister Guido Mantega said he would keep a close eye on the impact of the Fed's monetary easing on Brazil's real currency. Mantega had accused the Fed's earlier bond buying of unfairly weakening the US dollar.
In its statement, the Fed said the fresh MBS purchases, which it will start on Friday, would come on top of its so-called Operation Twist program, in which it is selling short-term bonds to buy longer-term Treasury debt.
"These actions, which together will increase the committee's holdings of longer-term securities by about $US85 billion each month through the end of the year, should put downward pressure on longer-term interest rates, support mortgage markets, and to help make broader financial conditions more accommodative," it said.
The latest purchases build on the $US2.3 trillion in US government and housing-related debt the Fed has already bought.
In the Fed's first two rounds of so-called quantitative easing, dubbed QE1 and QE2, the central bank bought bonds closer to a pace around $US100 billion per month.

'Swallowing the key'
By buying mortgage-linked debt, the Fed hopes to press mortgage costs lower and force investors into other assets, lowering their yields as well. Those lower borrowing costs should spur greater lending activity and foster faster economic growth, officials believe.
US economic growth cooled in the second quarter, coming in at a tepid 1.7 per cent annual rate, and forecasters do not believe it is doing much better now.
The economy created just 96,000 jobs last month, less than needed to keep up with population growth. While the unemployment rate edged down to 8.1 per cent, it was only because so many Americans gave up on the search for work.
The Fed will provide fresh forecasts that could show softer projections for economic growth and higher unemployment, which would help provide a rationale for its decision.
Stephen Stanley, an economist Pierpont Securities in Stamford, Connecticut, said that by tying its purchases to progress reducing US unemployment, the Fed had "basically locked on the handcuffs and swallowed the key."
Reuters, with AP


Read more: http://www.smh.com.au/business/world-business/the-big-guns-us-fed-launches-qe3-20120914-25vld.html#ixzz26bl5B9an

SC Global

SC Global is a pure (high end luxury market) property developer....which was beatened down last year.

Price/NAV = 0.985/1.488
                  = 0.66!! A screaming buy!

Their land banks and developed properties are along Orchard Road area and Sentosa Cove. They do have Australia properties as well.

The last quarter it reported a loss.....and there's build-up of completed luxury condos too.....i believe these has already been priced into the low stock price now.

It jumped with higher than average vol the last few days...now it is 1.05...and i see invisible hands collecting it.

BTW....daily share buy back occurred at 0.95. During the good times, it usually trades at a premium to share price.

Notice that the other small- mid cap developers(e.g Chip Eng Seng, Ho Bee, Wingtai) are moving too.

worth a look.

market rebounded today!!! i re-enter several positions i reduced earlier.(Noble, NOL, YZJ, Genting)...you must be viligent and alert to sudden changes in the market....which is why i will not tell u what to do....i simply can't make that decision for u....it is yours to make....this is how i learn...and this is how u learn too..don't ever wait for me to tell u what i did....it is probably too late...

have u bought silver or gold? silver went up 8%! since i mentioned it.

better wait for the coast to clear before entering....i see most of the stocks at the support levels though.

The STI has broken the 20 dMA at 3013...let's see if the 50 dMA holds at around 2950. It either rebound or crash through and it will be downtrend....!!! Do note that the value of the moving averages 20/50/200 can be different for different charting softwares and duration ,6 months, 1 year, 2 years,...i am using Philip Poems chart....so the value is agar agar one....

Bernanke throws spotlight on labor market woes

Reuters – 11 minutes ago

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Companies:

• Invesco Municipal Premium Incom

RELATED QUOTES

Symbol	Price	Change
PIA	9.47	+0.02

Related Content

• View PhotoPeople walk past the Federal Reserve, which is expected to release minutes of Federal Open Market Committee from August 1, 2012 later today, in Washington August 22, 2012. REUTERS/Larry Downing

By Pedro da Costa and Alister Bull
JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday said the U.S. economy faced "daunting" challenges and that progress reducing unemployment had been too slow, but he stopped short of providing a clear signal of further monetary policy easing.
Bernanke said the central bank would act as needed to strengthen the recovery but he also said it had to weigh the costs as well as the benefits of more monetary stimulus, although he hinted the costs may be worthwhile.
"As we assess the benefits and costs of alternative policy approaches ... we must not lose sight of the daunting economic challenges that confront our nation," Bernanke said at the Kansas City Fed's annual Jackson Hole symposium.
"Taking due account of the uncertainties and limits of its policy tools, the Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability."
That was a somewhat weaker hint of policy easing than the minutes of the Fed's last policy meeting had delivered, but it was enough to keep alive hopes in financial markets that the U.S. central bank would soon launch another round of bond purchases to push borrowing costs lower.
The lack of a clear signal of policy action led markets to see-saw in the wake of Bernanke's comments, but in the end his emphasis on the travails of the struggling U.S. labor market helped U.S. stocks extend gains. Yields on U.S. government bonds dropped and the U.S. dollar declined against the euro.
"The stagnation of the labor market in particular is a grave concern not only because of the enormous suffering and waste of human talent it entails, but also because persistently high levels of unemployment will wreak structural damage on our economy that could last for many years," Bernanke said.
In response to the financial crisis and recession of 2007-2009, the Fed cut overnight interest rates to near zero and bought $2.3 trillion in government and mortgage securities in two separate rounds of so-called quantitative easing.
It next meets on September 12-13, and policymakers have been locked in debate over whether further bond purchases are warranted to spur a stronger recovery.
Economists said Bernanke's emphasis on the health of the job market throws an especially strong spotlight on a report due on September 7 on job growth in August. Hiring picked up in July but the jobless rate moved up to 8.3 percent.
"Bernanke fell short of providing any explicit green light to further asset purchases at the September meeting, but his remarks reinforce the dovish bias arising from the minutes of the July meeting," said Millan Mulraine, an economist at TD Securities in New York.
"The burden of proof remains squarely on the data ... to dissuade the Fed from taking further action," Mulraine said.
DOWNPLAYS RISKS OF UNCONVENTIONAL POLICIES
The Fed's aggressive efforts to prop up the economy have drawn criticism from Republican politicians for potentially sowing the seeds for inflation and asset bubbles.
Republican presidential hopeful Mitt Romney has said he does not think a third round of quantitative easing, or QE3 in market parlance, would help the economy, and some analysts think the central bank may be hesitant to act ahead of the November 6 presidential election. After September, the Fed has one more policy meeting in late October before Americans go to the polls.
Bernanke, however, downplayed the potential risks from the Fed's unconventional policies and argued that the asset purchases had been quite effective at boosting economic growth.
"The costs of nontraditional policies, when considered carefully, appear manageable, implying that we should not rule out the further use of such policies if economic conditions warrant," he said.
The economy emerged from recession nearly three years ago, but growth has remained tepid. U.S. gross domestic product grew at a 1.7 percent annual rate in the second quarter, too weak to bring down the nation's elevated unemployment rate of 8.3 pct.
"Unless the economy begins to grow more quickly than it has recently, the unemployment rate is likely to remain far above levels consistent with maximum sustainable employment," Bernanke said. The Fed is charged with pursuing both price stability and full employment.
Economic data has improved since the Fed's July 31-August 1 meeting, which came before a stronger-than-expected reading for July employment. Reports on retail sales, exports and housing have also been relatively solid.
A report on Friday showed U.S. consumer sentiment hit a three-month high in August, although pessimism on the future remained.
The economy's generally better tone has led some market participants to dial back their expectations of a fresh round of Fed bond purchases in September, with analysts closely divided over the prospects for action.
As an alternative, many economists say, the Fed may simply push further into the future the date it thinks it will finally start to move interest rates higher. The central bank has said since January that it expects to keep rates near zero at least through late 2014.
(Writing by Pedro da Costa and Tim Ahmann; Editing by Tim Ahmann and Andrea Ricci)

@YahooSGfinance on Twitter

 

Commodities and stocks are climbing!!!

 

Bernanke: US economy 'far from satisfactory'

AFP – 1 hour 9 minutes ago

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US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy Friday, calling the situation unsatisfactory and saying labor market stagnation was "a grave concern".
In a much-anticipated speech to central bankers in Jackson Hole, Wyoming, the chief of the US central bank offered no new promises of intervention to boost growth, but strongly signaled that he was leaning that way.
"The economic situation is obviously far from satisfactory," he said in the keynote speech of the Fed's annual conference of central bankers.
"Growth in recent quarters has been tepid, and so, not surprisingly, we have seen no net improvement in the unemployment rate since January," he said.
"Unless the economy begins to grow more quickly than it has recently, the unemployment rate is likely to remain far above levels consistent with maximum employment for some time."
Bernanke made clear that the jobless rate, at 8.3 percent, is one of his biggest worries as head of the central bank, which has reducing unemployment as a key goal.
"The stagnation of the labor market in particular is a grave concern not only because of the enormous suffering and waste of human talent it entails, but also because persistently high levels of unemployment will wreak structural damage on our economy that could last for many years."
"Taking due account of the uncertainties and limits of its policy tools, the Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability."
Bernanke, whose policies have been criticized by US conservative politicians, including Republican presidential candidate Mitt Romney, delivered a lengthy defense of the Fed's intervention actions since the financial crisis.
He said that moves to drive down long-term interest rates through its "quantitative easing" (QE), or bond purchases, and other programs had boosted growth and added jobs, while not increasing the threat of inflation.
Such actions "may have raised the level of output by almost three percent and increased private payroll employment by more than two million jobs, relative to what otherwise would have occurred," he said.
"A balanced reading of the evidence supports the conclusion that central bank securities purchases have provided meaningful support to the economic recovery while mitigating deflationary risks."
He warned, as he has over much of the past year, that Fed action is not a panacea for policy action from political leaders.
He said the economy was being held back by the weak housing market but also by heavy spending cuts by the federal and state and local governments.
Adding to that are policy uncertainties, including partisan battles over raising the debt ceiling and the looming "fiscal cliff" policy, a poison-pill law from last year meant to address fiscal imbalance that could force a sharp contraction in the economy beginning on January 1 if not changed.
"It is critical that fiscal policymakers put in place a credible plan that sets the federal budget on a sustainable trajectory in the medium and longer runs," he said.
"However, policymakers should take care to avoid a sharp near-term fiscal contraction that could endanger the recovery."

 

 

 

 

 

 

 

sell down the last few days and today...Stop loss triggered for NOL and Noble. Re-enter after rebound occurred.

Technically and fundamentally, Noble is still uptrend, so this could be a correction. next support could be at 1.17 at 50 dMA

If Fed Reserve launch QE 3.....means print money....inflation risk is heightened..........likely commodities price will rise.....that will also push the stock market up as well.....what will happen to listed companies owning commodities like Noble, Sakari, Plantation etc? Other central banks are likely to print money as well..ECB and China stimulus...

Good to own some Gold or silver...silver has much higher upside potential than gold....gold might be capped close to USD2000...while silver (currently only USD 30) might explode to USD49 ( last year's previous high).....Try not to buy physical gold or silver as there's a large spread (between buy and sell price)...not to mention the storage and selling issues.....

Buy gold or silver ETF in SGX or CMC markets. Pls find out more about these instruments and understand that commodities are very volatile in nature!

This is a good website to track movements of silver:

http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=1&mn=0&dy=0&id=p12807082824

i apply the same technical analysis to buying silver...buy when the price cuts the 20/50/100/200 days moving averages and becomes supported by each.....At the current moment, price is already above 200 dMA....depending on what Fed Reserve says...it might drop and then rise again  later or shoot up after the Jackson hole meeting if QE3 is coming.

20 dMA is on course to cut 50 dMA..typically, this is a buy signal... i expect a 2nd wave of buying....this is what i think only hor. Price is currently well supported at 1.235.

Voluntary Conditional Cash Offer for Sakari Resources by PTT at $1.90!!!

http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/C643F75D4F58CBCF48257A660083C95F?opendocument
2nd Announcement,  Voluntary becomes Mandatory Cash offer....means they are forcing u to sell at $1.90...not negotiable. So i sold at $1.90 when trading halt was lifted....no need to wait for letter...

Congrats to those who bought it!!!

Just to recap: i first bought at 1.30,1.365 and 1.49 then got stopped loss at 1.49.
then i bought again at 1.51 and 1.46 when it rebounded from 1.41(20 dMA) last week.
So now sold at 1.90....windfall...didn't expect to exit so quickly.

Next watch Noble, Genting and YZJ.

Sifu's Sifu

Must read for anyone seriously want to be a successful stock investor...caution, the posts are in the hundreds..the time u spent is worth it.

Click:
http://forum.shareinvestor.com/archive/0EE7021D/

Look for Warren and Mossie (my Si-gong, Sifu's Sifus)

Quote 2 from Sifu's Sifu

 You see, the market is not a very kind, forgiving place. It does not discriminate between the rich or poor, your colour, creed, religion or even your gender. It treats one and all in the same manner.

How you are treated by Mr Market really depends on what KIND of person you are. To those who are greedy, ignorant, uneducated, lazy and uneducated; the market ROBS your $$.

But to those who are early, patient, diligent, experienced; the market rewards handsomely.

I have been serverly disciplined by the market in the past. Do read my story in the thread "Becoming A Successful Investor". Through the pain, I have come to one conclusion. In this game of investing, I am my worse enemy. Other words, whether I win or lose will depend on my own character. If I am arrogant, the market will humble me. If I am diligent, the market will reward me.

Quotes from Sifu's Sifu

Each time a crisis happened, stock markets would MELT but would always return. He has always MADE it a POINT to buy on crisis and sell on euphoria.

I said to him, "Uncle, you have always lived modestly. How come you never behaved as though had $2m in the bank?"

His reply was that he always kept a pool of money READY to deploy when CRISIS occurs. The Asian crisis was the WORSE he has ever experienced and therefore he had to DEPLOY the MOST (yes, the MOST) amount of his capital. In the meantime, he plays bits here and there just to keep abrest of what's happening.

This fine gentleman thought me all about Templeton's maxim number 7. "Bull markets are born on pessimism, grow on scepticism, mature on optimisim & DIE on euphoria."

He taught me that the time to BUY is when there is MAXIMUM pessimism, and the time of maximum optimism is the best time to SELL.

So Goldcast, there is a lesson for you and me. It is not how OFTEN you buy that makes you money. But it's knowing WHEN to buy that would make you rich. It's also having the right temperament for investing. Be BOLD when others cower in fear and be fearful when others are bold.

Hope this helps you to understand a bit more about yourself and Mr Market.

http://forum.shareinvestor.com/archive/0EE7021D/0EE7038D/0EE7038F/0EE7038F_1.html

Peter Lim(Remisier King)

"It's very difficult to make money from trading. People who get rich are those who buy a company, build it, run it. Most of the traders, they come, they make money, because they have this gambling instinct. They take the money and spend it. The minute they lose money, they got no money to pay up. "

 ‘When you are holding stocks, if it goes up, don’t be too happy; when it goes down, don’t be too sad’.

‘Otherwise, how? Your life will also be fluctuating and you’ll die of a heart attack.

‘If you really lose sleep over it, maybe the best way is to keep the money in the bank.’

---Peter Lim, Billionaire, and one of the Richest people in Singapore.

hi,

hope nobody panic sell Genting(1.335) and Noble(1.235) on 22nd Aug....because these are the price levels the Big Buyers are buying, collecting, accumulating....Genting bounded back to 1.385!

Sakari have bounded back too.

Yangzijiang, still in collection mode....got to be patient....i waited very long for Noble to explode upwards...

Stocks seldom go up in a straight line, so long as the support levels hold, relax and watch the show...if u are new to stocks investing, i would advise u to take just a small position to test yourself....how u react when it goes up and down.

cheers,
jason.

Quotes from Warren Buffett

 

Some motivational pictures!!!

 

 

 

 

 

 

 

 

 

 

 

 

Indoagri is showing signs of going up....it has been consolidating near the 20 dMA and 50 dMA, slightly below and above it...hovering....undecided about which way to go.....Now, it seems to have decided to go up! watch out when it hits the previous high at 1.49, if no strength(little vol to support the rise...get ready to sell) to break above, then might retract back.....

Yangzijiang looks like going to break 50 dMA after crossing the 20 dMA.
it has been consolidating below the MA and refuse to go lower. Notice the higher volume in the last few days compared to the last rally in July which failed to break thru the 50 dMA.

yes! my analysis on NOL is right!

Wow! Noble(closed $1.235) and NOL(jumped from 1.175 to 1.225) became rockets today!!!

Sakari rebounded to above 1.50....so i buy back again.

Stop loss triggered at $1.49...means sold liao..

looking at the chart (see first post), Sakari at 1.565 was near the 50 dMA and could be resisted by it.

Let's see if it can be supported by the 20 dMA at 1.38...if yes, it may rebound from there. If not, party is over...

Kung Fu Panda. "There are no accidents"

http://www.youtube.com/watch?v=ZiHaMZe82I4&feature=related

"Nothing is impossible"

"One often meet his destiny on the road he takes to avoid it."

"News are just news. There is no good or bad news"

"When the mind is agitated, it becomes difficult to see.
If u let it to settle, the answer becomes clear."

"There are no accidents"

"Yesterday is History,
Tommorrow is a Mystery,
Today is a gift, that's why it is called the Present"

"U just need to believe,
Promise me, u will believe,
U must believe."

"U must let go the illusion of control."

"My time has come, u must continue the journey without me."

Inspirational speech by Rocky Balboa to his son ...
http://www.youtube.com/watch?v=_Z5OookwOoY

From 2:05
"Let me tell you something you already know. The worlds aren’t all sunshine and rainbows. It's a very mean and nasty place and I don't care how tough you are it will beat you to your knees and keep you there permanently if you let it...

You've gotta hit as hard as life. It isn’t about how hard you hit, it's about how hard you can get hit and keep moving forward. How much can you take and keep moving forward? That's how winning is done.

If you know what you're worth, Go out and Get What Your Worth. But you gotta be willing to take the hits. And not pointing fingers saying you aren’t where you wanna be because of him or her or anybody. Cowards do that and that aren’t you. You're better than that."

 

Bad news or Good news or Old news???

Genting Singapore's Q2 disappoints as gaming revenue slows

http://sg.finance.yahoo.com/news/1-genting-singapores-q2-disappoints-111732413.html

Genting Singapore's Q2 core earnings misses expectations

http://sg.finance.yahoo.com/news/genting-singapores-q2-core-earnings-100245490.html

Comments:

The million dollar question is "Is this news already factored in the current price"?? Genting has been falling since May, June, July.....already dropped from high of $1.7 to $1.28.

On the day (1-2 weeks ago), Marina Bay Sands reported drastic drop in gaming revenue....Genting dropped from $1.28 to $1.22 with huge volume....the next day, volume dropped to a trickle...no more sellers.....then the next day went up with huge volume to $1.325.....Hence, markets participants have been warned already....so i am not surprised at all.....

However, the Big Buyers or invisible hands may take this News to push it down to accumulate more shares....i shall wait to see what they do then decide what to do. They are very patient, cunning and have lots of $$$$$$$$.

Like i mentioned earlier, $1.20 is a critical support.

Inspirational quotes

"When you take care of the downside, the upside will take care of itself."

 

"I would rather be roughly right, than precisely wrong" Warren Buffett....

 

in investing, you don't have to be precise..e.g don't try to pick (buy) a bottom (a real bottom is formed after it is passed, don't try to pick(sell) at the very peak )...just identify the trend (up or down) and ride it till it ends.

 

"Take risks.

If you are right, you will be happy.

If you are wrong, you will be wiser.

Nothing ventured, nothing gained"

 

"Run and you may live,

Fight and you may die,

But from this day on, you will be FREE!!!"    Braveheart movie

"Do or Do not. There's no try."  Jedi, Star wars.

Tuan Sing

Tuan Sing Holdings.      http://www.tuansing.com/

This is a property play. So i look at Price/NAV = 0.295/0.53 = 0.56 ! yes!, NAV is 0.53!  Much less than 0.7 (30% discount off NAV)

The trading volume is usually very very low (600,000-2 millions shares).....the last rally, it didn't manage to rise above $0.32.

Recently, the trading volume has been rising steadily And Today, there's huge buying 300,000 shares at a time. Today, it is in Top 20 volume that's what caught my attention. Today's volume is 17,000,000!!! something is brewing...

Technical wise, price has already cut above 20 and 50 dMA...so perhaps it is getting ready to RUN up. no harm grabing some.

Sakari cross $1.50 today! If it doesn't drop back below, the upside is likely around $1.58 , next resistance.....exit if it drop below $1.50 again..or if Massive selldown occurs..Else just ride the trend up....i will post chart again sometime later to illustrate when to sell if the trend continues.

hi, Sweating over NOL??? it needs to break below 50 dMA at $1.15 (means go below and down and down...cannot come back up) for me to cut loss. let's see if it can hold....

hmmm. i expect Genting to be supported at around $1.20. This is a 5-year chart of Genting, u can see previous resistance(few years ago) at 1.20-1.28 peaks. These usually becomes supports level after the resistance was broken.

However, if this support doesn't hold it may goes to $1.00.

News on NOL. Is this Good news or Bad news or just news. My comments are at the end.

http://sg.finance.yahoo.com/news/singapores-nol-posts-6th-straight-093914244.html

Singapore's NOL posts 6th straight quarterly net loss

Reuters – 18 hours ago

• Neptune Orient Lines Ltd

RELATED QUOTES

Symbol	Price	Change
N03.SI	1.215	+0.015

SINGAPORE, Aug 8 (Reuters) - Singapore's Neptune Orient Lines, the world's seventh-largest container shipping firm, reported its sixth consecutive quarterly net loss mainly due to one-time charges for restructuring and vessels held for sale.
The company posted a second quarter net loss of $118 million, compared with a $57 million net loss a year earlier and a $254 million net loss in its first quarter.
Core earnings before interest and taxes stood at $16 million, helped by improved freight rates and efforts to control expenses and improve efficiency, NOL said.
The one-time charges of $112 million were for organisational restructuring and the sale of obsolete vessels to make room for more efficient ships and to reset vessel slot costs, NOL said.
NOL, whose biggest shareholder is Singapore state investor Temasek, said the outlook remained uncertain. (Reporting by Eveline Danubrata; Editing by Kevin Lim)

This is what i think only lor:

 

I know very well that NOL is losing tons of money...that's why it has been a downtrend stock. i am looking for signs of turning around..not profits.

 

This quarter, it actually lost 50% less money compared to last quarter. There's a one-time loss of $112 million for oganisation restructuring and sale of Obsolete vessels to make room for more efficient ships. hence, things are starting to improve...Freight rates ( check Baltic Dry Index  http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm#bdi) seem to have bottom....

 

When we assess the financials of a company, we do not include (means discount from Net profits reported) extraordinary items such as sale of property(for a non-property company like Osim), and one-off items...which may not occur in the next or future quarters.

 

So the actual loss is only $6 million! Turnaround...perhaps.... let's see lor.

 

When we buy a share, we are actually buying the future earnings.

 

 

Noble

hi, IF Noble can stay above $1.11 (20 dMA- The RED line) for the next few days with volume, it is likely to reverse trend. Noble has been consolidating from $1.0- $1.17 for 3 months++...it just refuse to really break below $1.00.

You can see that it has tried TWICE and failed to break the 20 dMA....maybe ....maybe this time is for REAL!

IF cross the BLUE line $1.15 and stays above it, double confirm uptrend.

Did u guys realized that quite a number of beaten down stocks are showing this pattern??? seems like there will be a small rally so long as Europe side doesn't spoil the show!

Can u see that there are some big lots buying at $1.21? Ya... a very long stick about 97,000 shares bought (around 4.30 pm) at $1.21. BTW the column chart at the bottom is the volume chart....it is very important that a rise in price be supported by large volume. What is large? Large enough to stand out of the chart is large lor. This is how i track the movement of the BB...Big Buyers, invisible hands, stock manipulators, stock operaters, stockist, etc...whatever you call them, they are the ones who move the markets. Hence, it is of great advantage if you could track them......But i have to warn you that they are very tricky and cunning and they change the game-plan quickly. I could only guess what are they trying to do....No guarantee.

i think very soon, it may charge up....rise in price.

Note that investing in stocks, there's no such thing as sure or 100% right....hence, i am always prepared to be wrong....if i am i will cut a small loss and exit....beat a hasty retreat.

Remember to ask yourself 2 questions before putting your money down:

1. Is the upside double of the downside?

Is the rewards worth the risk?? Would you risk losing $1000 to potentially earn $500?

2. If i am wrong, will I be ok?

Can you afford the loss if you are wrong? If not, you are risking too much. Never use up all your capital. Always leave at least 30% of your investment funds for emergency.

This is an "intra day" chart from Philp POEMS, Advanced Chart.

Can u see that although price is near previous resistance of $1.50, there's a lot of big lots buying even at $1.49?? I think it is going to cross $1.50.

Sakari Resources

can u see that the previous peak was resisted by 20 dMA? and didn't really break thru......so it U-turn down.

Price has broken thru 20 dMA now....watch out for the $1.5 resistance though...might have some selling there.

can u also see that from june to Aug...there's substantial vol while price is low from 1.16-1.30??? This could be invisible hands (BB, Big Buyers, Stock manipulators) accumulating the stock.

Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....

NOL

u can see that NOL was resisted by 50 dMA ($1.17) in early Jul and now it has broken 20 days ($1.13) and 50 dMA($1.15)....MA has lowered because it was in a downtrend...when MA starts to increase, uptrend is on the cards.

Note that the 20 dMA is starting to curve up!

so long as it stays above 1.15, likely a rally is on the cards...Note that if the uptrend is intact, the MA will move up as well hence the cut loss (20 dMA intersection) will move up and your profits will be protected.


How long will i hold?? as long as the trend is intact, price didn't cut 20 dMA or if it dropped below 1.15, i will cut loss.

Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....

About me

hi, my name is Tan Gim Hong Jason(born 1973).

The blog(set up on July 2012) is named "millionaire investors" as i believe anyone and everyone can become a millionaire by investing wisely.....hence we are all millionaire investors.

The purpose of setting up this blog is to pass on the knowledge and skills in investing(stocks, property and alternatives) as well as the thinking process of millionaires......the millionaire mindset that will attract wealth.

This is a legacy i wish to leave behind to benefit anyone(now and future generations) interested in building wealth after i am long gone to the other world.

Feel free to ask questions if u do not understand what i am sharing. i can even give u one-to-one coaching.

Email:tangimhong2@gmail.com


cheers,
Jason.

Genting SP looks like going to reverse the downtrend to uptrend. Notice the spike in volume for the last 3 days and the price has rebounded strongly from $1.22. So long as it does not retrace back to the low of $1.22 and break below it...likely the trend will reverse.

A further confirmation of trend reversal is when the price cuts the 20 dMA at around $1.36 with volume and gets support above it.

Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....