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Cheers buddy.
iPunter ( Date: 11-Sep-2012 11:47) Posted:
6.75 will be a good entry price... but no guarantee it will. get there.. 
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6.75 will be a good entry price... but no guarantee it will. get there..
What's with SGX this morning. Anybody knows?
Not vested yet.
Sometimes an investor will feel that our market is really like an invalid old man who requires hormone injections to keep him alive, but he will be disappointed that few injections really work because the nurse behind him is invalid himself. Maybe the investor silently hopes to aske a change of nurse but don't know how to do it. In politics we call it a leadership change to make life better. Renewal, new blood for old. In stocks we don't have a parallel to it, but at least we can hope that the " nurse" picks himself up and make use of the power of technology that he has been used to and make the market come alive again. Lol.
Hard to explain why our Singapore market is facing longterm chronic fatigue (hahaha as though illness has befallen on it) despite plenty of reported euphoric good economic postures over the years. No good news have ever prick the sinews of the SSM (Singapore Stock Market) that it could stand erect, but every single bit of a poor piece of economic news will send a dust storm over it to haze and to stifle its breathe. Hahaha, am too free and trying some poetic words to describe the market. Sorry if you don't understand me, I am new to everything on earth so will learn and learn. Cheers...
infoshare ( Date: 05-Sep-2012 14:51) Posted:
How to be a financial hub when the volume is so low ? Maybe change the board of directors
Singapore ( 4-Sep-2012 )
The STI declined 0.19% on Tuesday to close at 3,011. Trades were focused mainly on the small cap stocks. Market volume was 1.27 billion shares with value of $729 million. In our view, investors are simply experiencing market fatigue and choose to remain sideline.
Singapore manufacturing activity contracted a second consecutive month due to sluggish external demand. We are not surprise as global growth has been weak. In the face of waning economic growth, STI however will be supported by hopes of QE3, in the short term at least. Even then we see cautiousness as shown by the dwindling trading volume. As such we remain overweight on the defensives stocks |
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How to be a financial hub when the volume is so low ? Maybe change the board of directors
Singapore ( 4-Sep-2012 )
The STI declined 0.19% on Tuesday to close at 3,011. Trades were focused mainly on the small cap stocks. Market volume was 1.27 billion shares with value of $729 million. In our view, investors are simply experiencing market fatigue and choose to remain sideline.
Singapore manufacturing activity contracted a second consecutive month due to sluggish external demand. We are not surprise as global growth has been weak. In the face of waning economic growth, STI however will be supported by hopes of QE3, in the short term at least. Even then we see cautiousness as shown by the dwindling trading volume. As such we remain overweight on the defensives stocks
SGX good stock but market has been weakening last 1-2 weeks.
Uncle has exited whole position last few days. Buy back later.
Published August 24, 2012
IPOs picking up more pace in the second half
July alone had 5 new issues, after just 7 in Jan-June
Mr Bocker: There are regional and local companies of 'very good sizes' which would need to raise funds for investments it's a question of timing for many of them - PHOTO: FILE PHOTO
AFTER a poor first half-year in initial public offerings (IPOs), the Singapore Exchange (SGX) is expecting a more exciting second half, with a few billion-dollar deals in the pipeline.
While the exchange had seen only seven IPOs on both its mainboard and Catalist in the first six months of the year, there had been five in July alone - JB Foods, IHH Healthcare, and Ascendas Hospitality Trust on the mainboard, and Neo Group and Sincap Group on the Catalist.
This month, the Catalist has seen one IPO by Sysma Holdings, while Far East Hospitality Trust is expected to make its mainboard trading debut on Monday next week. The listing could raise up to $717.6 million, assuming an over-allotment option is exercised.
And taking into account the amount attributable to the sponsor stapled securities, the managers intend to raise gross proceeds of up to $1.49 billion.
The success of recent IPOs have been encouraging, said SGX CEO Magnus Bocker.
" We've seen a lot of investor interest into those IPOs...That's a healthy sign, and it's encouraging a lot of other companies to come to the market. We see a growing interest for IPOs in Singapore - the pipeline is very healthy."
Mr Bocker added that there are regional and local companies of " very good sizes" which would need to raise funds for investments.
" It's a question of timing for many of them," he said, adding that investor sentiment in Singapore is steered not by the domestic market but by macroeconomic factors.
SGX has had its hopes dashed earlier this year when it lost football club Manchester United's IPO to the New York Stock Exchange. Another high profile offering by Formula One has also ground to a halt in the face of volatile market conditions. Other listing plans that have been put on hold include M& L Hospitality Trusts and Noble Group's agricultural arm Noble Agri.
At the same time, neighbouring stock market Bursa Malaysia has been catapulted into the limelight with the world's second and third largest listings in Felda Global Ventures and IHH Healthcare respectively.
Said Mr Bocker: " I'm very happy to see that Malaysia has had a couple of really big and well-supported IPOs...It creates a better sentiment for investors to come into the market."
Among SGX's pipeline of listing hopefuls are business trusts. Some of these reportedly include Malaysian-controlled Berjaya Sports Toto, which will list its lottery business in a $2.4 billion deal, and the aircraft leasing unit of asset management firm Investec, which wants to launch a US$800 million listing.
About $3.37 billion has been raised on SGX this year. This compares with $9.02 billion for the same period last year, which came largely from Hutchison Port Holdings Trust's US$5.5 billion listing - the largest IPO in Asia last year - and Mapletree's Commercial Trust's S$893 million IPO.
Published August 28, 2012
SGX, Shandong Finance Office signs listing MOU
Singapore Exchange (SGX) signed on Tuesday a listing memorandum of understanding (MOU) with the Shandong Finance Office.
The latter is the government body responsible for driving financial development of Shandong province in China, and helps businesses in their structuring and fundraising plans.
Under the agreement, both parties will work together to develop communication channels, foster continued ties in areas including information exchange and the listing of more Shandong companies on SGX.
At present, 17 of the 144 Chinese companies listed on SGX originate from Shandong.
" We look forward to a closer working relationship to help more Shandong companies understand our market environment and offering so as to enable them to tap the Singapore capital market," said SGX head of listings Lawrence Wong of the new agreement to encourage more Chinese companies to list on SGX.
DJ MARKET TALK: JPM Advises Long SGX, Short HKEx, Eyes 10% Upside
0624 GMT [Dow Jones] JPMorgan advises long Singapore Exchanges (S68.SG) / short HKEx (0388.HK) trade, for 10% upside in a 4-6 weeks time. It expects SGX to outperform HKEx over next 4-6 weeks for three reasons: trading volumes at SGX are up 18% in last three months, while down 33% at HKEx SGX share price is factoring in 11% lower volumes vs 30-day moving average turnover, while HKEx is factoring in 20% higher than current volumes, and " we think street expectations for 2012 HKEx earnings are at higher risk of downgrades." JPM adds, the HKEx/SGX price ratio is at 15.45X right now, which it expects to move down to 14X, with a stop loss at 16X. HKEx is down 0.8% at HK$106.00. (robert.li@dowjones.com)
Uncle comment: Nomura always behind the curve with SGX n KepCorp. Always call sell when stock starts going up, say all the bad things, then after stock go up alot n price peak, change to buy call, say all the good things. Then stock price go down alot.
Sometimes uncle feel as if certain house traders may influence research to issue a sell call, then house traders accumulate stock when retailers sell, then ramp up, later on somehow a buy call issued when price gone up a lot......
Nothing is so straight forward in the markets, many tricksters around. The things nomura say abt SGX, who doesn't know alrdy? Question is, r these things discounted in the price, and is the situation getting better from here onwards? Uncle's opinion is 'yes'.
Many, many times, uncle made big money buying n holding stocks while houses call sell on them.
STOCKS NEWS SINGAPORE-Nomura cuts SGX target to S$7.60
Reuters – 12 hours ago
Nomura cut its target price on Singapore Exchange Ltd (SGX) to S$7.60 from S$9.40 and maintained its 'neutral' rating, saying that the bourse operator's sluggish revenue momentum is expected to continue.
SGX shares were unchanged on Thursday morning. The stock has risen 13.5 percent so far this year versus a 16 percent gain in the broader Straits Times Index.
Nomura said the drop in its target price was mainly to reflect lower expectations for SGX's securities average daily value traded (DVT) to S$1.3 billion ($1.04 billion) from S$2.0 billion. It added that DVT will have to recover above S$1.5 billion to support a re-rating.
But SGX is diversifying its revenue base in terms of products and geographies, Nomura said, adding that potential tie-ups with other bourses could generate upside to revenue.
0950 (0150 GMT) (Reporting by Eveline Danubrata in Singapore eveline.danubrata@thomsonreuters.com) ($1 = 1.2517 Singapore dollars)
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SINGAPORE: Singapore Exchange CEO Magnus Bocker said he expects a few big ticket initial public offerings (IPOs) to come into Singapore for the rest of 2012.
These listings are expected to come from local and regional companies.
Mr Bocker was speaking at the sidelines of an investment week launch to educate retail investors.
He said well-subscribed initial public offerings in July and August are encouraging more companies to list.
But market sentiment in the second half of the year will still be driven by events in Europe and the US.
And the listing of new IPOs are all a question of timing.
When asked if SGX will be able to surpass the success of the Malaysian bourse, Mr Bocker said he is happy with Bursa Malaysia's two big IPOs this year (Felda and IHH Healthcare), which have attracted investors to come into the market - especially for retail and long-term investors.
Mr Bocker said: " We see there are a lot of... regional and local companies of very good size that need to come to the market to raise funds for their investments, for growing and for creating jobs which is really why we are here.
" And that goes for both Singaporean companies as well as the regional ones, whether it's Indonesia where we've had some companies from."
Robson Lee, partner at law firm Shooklin & Bok, believes the resurgence in interest for IPOs is a result of good earnings expectations from companies.
" Some of these companies envisage they would have a good set of results this year. It takes six to nine months to prepare (for an IPO), so it would be a good time now for them to start the preparation, in case the market picks up, they are ready to go," he said.
These firms are likely to come from sectors such as minerals and resources, property and construction, and food and beverage, Mr Lee added.
Meanwhile, the Securities Investors Association (Singapore) launched the first Singapore Investment Week from August 25 to 31 and has lined up seminars and workshops to educate retail investors.
Experts from banking, brokerage and investment firms are slated to speak on the basics of stock trading, investment products, investment tools and the market outlook.
These seminars will be held in various locations like the SGX Auditorium, the MND Auditorium and UOB Kay Hian's Investor Centres in Jurong East and Bedok.
David Gerald, president and CEO of Securities Investors Association (Singapore), said: " This whole campaign is about bringing the message: Learn how to invest. Do not invest if you do not know anything about investment. And if you don't want to know anything about investment, walk away."
- CNA/cc
As long as peolpe are willing to believe, no one can blame any guru, or teacher, or whatever...
As long as people like to believe, even though it is pure nonsense, they can't blame anyone.
The weakest trait of many humans is they just like to believe in something... esp. what they like...
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superoldfart ( Date: 13-Aug-2012 22:41) Posted:
Regarding whether SGX will go down after ex-div middle next month, uncle prob take a wait n see attitude first. Uncle don't mind holding SGX as long as think can go higher. If general market is getting better, SGX might go up continue into next year. Maybe next year SGX above $10. If so, throw next month may miss out if don't buy back.
Usually uncle try hold on to stock until some point where uncle think market or stock have potential to reverse so much that uncle not willing to hold n ride thru correction n uncle want to crystallize profit first. Let's say SGX go to $10-11 in 2013, then look like general market correction come. If SGX up $5 from $6 bottom to $11, easily can fall back $2-3 or more. Since uncle hold 300+ lots, $3 pullback is $900K lost. No point to hold thru such a loss.
Uncle say: when to sell is an art, when to buy is an art. Don't ever follow Warren Buffet who tell u don't try to time market. U must always try to time market. Maybe u don't succeed sometimes, but does not mean u must not try.
In fact, uncle give honest opinion, Warren Buffet teaching poison investment hopes of many young sinkaporean investor. They all start follow Buffet style, after 5-10 years lose money/never make money, give up never invest again. Just buy property and keep FD in bank. Say buy shares sure lose money one. Don't know if Warrren teach wrong thing on purpose so he can chiak u or maybe it just work for him but cannot work for average investor. Uncle know Warren Buffet style will never work for uncle. |
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Regarding whether SGX will go down after ex-div middle next month, uncle prob take a wait n see attitude first. Uncle don't mind holding SGX as long as think can go higher. If general market is getting better, SGX might go up continue into next year. Maybe next year SGX above $10. If so, throw next month may miss out if don't buy back.
Usually uncle try hold on to stock until some point where uncle think market or stock have potential to reverse so much that uncle not willing to hold n ride thru correction n uncle want to crystallize profit first. Let's say SGX go to $10-11 in 2013, then look like general market correction come. If SGX up $5 from $6 bottom to $11, easily can fall back $2-3 or more. Since uncle hold 300+ lots, $3 pullback is $900K lost. No point to hold thru such a loss.
Uncle say: when to sell is an art, when to buy is an art. Don't ever follow Warren Buffet who tell u don't try to time market. U must always try to time market. Maybe u don't succeed sometimes, but does not mean u must not try.
In fact, uncle give honest opinion, Warren Buffet teaching poison investment hopes of many young sinkaporean investor. They all start follow Buffet style, after 5-10 years lose money/never make money, give up never invest again. Just buy property and keep FD in bank. Say buy shares sure lose money one. Don't know if Warrren teach wrong thing on purpose so he can chiak u or maybe it just work for him but cannot work for average investor. Uncle know Warren Buffet style will never work for uncle.
Uncle is still uncle, experience beats talent! I have been bite before last year August during the America crisis, cut loss and lost 1k. After that don't dare to touch share for one whole year. But during this one whole year, i have been observing the market closely and decided to come back to market during late June 2012. Currently trying to learn shorting! so in the event if the financial crisis hit, i will quickily cut loss and play shorting (reverse gear). No matter market good or bad there is always opportunity! Is whether you have the knowledge to take advantage of it and have the guts to continue to play with what you believe will happen! Still have alot to learn from Uncle old fart. My journey is still very long...
superoldfart ( Date: 13-Aug-2012 20:55) Posted:
Well said, young man!
When you young man, gun very powderful but sometimes fire target miss one, becos experience no enuh. When you old man your gun not so powderful, but accurate jun jun, becos more experience. Fire target sometimes hit bullseye!
Uncle remember play shares in 80s, 90s, early 2000, make $$$ like hell, but when market start vomit blood, must quickly run road or else lose like hell also. Secret how to make money in investment, is not how to leverage, what financial degree u have, but is:
1) know when to cut loss(even if very painful),
2) know when u must not touch(even if everyone say good)
If u don't know, don't touch. This super important basic of investment sial. This one no school teach u. Even u scholar u gangan chiong u also die die one if u don't follow this basic rule, sial.
Last time see so many uncle aunty kenah persuaded by bank manager use life-saving buy lehman minibond, pinnacle note all these kind of rubbishes. Every week bank manager call up uncle ask uncle buy Minibond, equity/currency-linked notes etc etc. Uncle always say no politely.
They say, capital back guaranteed. Uncle say, young lady bank manager, please dont talk kork. No such thing capital back guaranteed unless sinkapore gahment promise capital back. Then even no money can print money return capital sial.
Then subprime come, Lehman busted, all the minibond, pinnacle note suddenly become zero. Good thing many old folks got return money by bank or else lose life savings--then how? Cry and jump off flat? Or complain Tan Kin Lian website, Temasek Review website n vote Worker's Party? Some old folks don't eat lunch, save money, don't take MRT walk save money, now suddenly lose all lifesavings few 100K like dat sial. Why? Becos they never follow investment basic. If u don't know, don't touch. Never mind bank manager say capital guaranteed back plus high interest. If u lose money will bank manager pay u? Many bank also make these chaokar product becos want to pass risk to u(retail customer). U think bank want to help u? Fren, bank to squeeze u dry! Bank is not yr fren, ok!!!!
Next, always cut loss. If your investment wrong, must know how to throw, whether is property or shares. The faster u throw the better. Painful nevermind. Cut loss always is risk like buy one. Sometimes turn out wrong. Price recover go up higher, u cut loss for nothing, bang balls one. But when u don't cut loss one day u kenah subprime or asian crisis, yr investment jatoh 90% n never recover, or u forced to sell at bottom cos cashflow problem.
Some gullible youngster say Warren Buffet teach u don't cut loss if yr investment is fundamentally sound, don't try to time market, etc. But I see Warren Buffet everytime try to time market but only sometimes successful. Also how u know yr investment is fundamentally sound? Maybe u made mistake? U r not Warren Buffet. U r just Joe Sinkapore, ok? Cut loss there protect yr capital, even u make mistake u won't die. That is logic of cutting loss. Even u don't now why u wrong, u sure u r right, even more u must cut loss.
That's why all the youngster I see follow Warren Buffet as role model, not ONE ever made money in stockmarket.
Uncle say: investment lifelong journey one, so many things can learn, so many interesting round to play, better than gambling horse, go geylang, call underage escort.....all these cannot fight " game of investment" . Is for sure, most challenging game in the world.
When u got it right, u make so much money u also dunno what to do with it(uncle pay off all bank loans on uncle's properties--no debt), when u lose, the most chiobu escort jump on your lap u also no mood do anything, horse stay in starting gate sial.
Hope all young men n young ladies have good investment this round. Cheers! |
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Well said, young man!
When you young man, gun very powderful but sometimes fire target miss one, becos experience no enuh. When you old man your gun not so powderful, but accurate jun jun, becos more experience. Fire target sometimes hit bullseye!
Uncle remember play shares in 80s, 90s, early 2000, make $$$ like hell, but when market start vomit blood, must quickly run road or else lose like hell also. Secret how to make money in investment, is not how to leverage, what financial degree u have, but is:
1) know when to cut loss(even if very painful),
2) know when u must not touch(even if everyone say good)
If u don't know, don't touch. This super important basic of investment sial. This one no school teach u. Even u scholar u gangan chiong u also die die one if u don't follow this basic rule, sial.
Last time see so many uncle aunty kenah persuaded by bank manager use life-saving buy lehman minibond, pinnacle note all these kind of rubbishes. Every week bank manager call up uncle ask uncle buy Minibond, equity/currency-linked notes etc etc. Uncle always say no politely.
They say, capital back guaranteed. Uncle say, young lady bank manager, please dont talk kork. No such thing capital back guaranteed unless sinkapore gahment promise capital back. Then even no money can print money return capital sial.
Then subprime come, Lehman busted, all the minibond, pinnacle note suddenly become zero. Good thing many old folks got return money by bank or else lose life savings--then how? Cry and jump off flat? Or complain Tan Kin Lian website, Temasek Review website n vote Worker's Party? Some old folks don't eat lunch, save money, don't take MRT walk save money, now suddenly lose all lifesavings few 100K like dat sial. Why? Becos they never follow investment basic. If u don't know, don't touch. Never mind bank manager say capital guaranteed back plus high interest. If u lose money will bank manager pay u? Many bank also make these chaokar product becos want to pass risk to u(retail customer). U think bank want to help u? Fren, bank to squeeze u dry! Bank is not yr fren, ok!!!!
Next, always cut loss. If your investment wrong, must know how to throw, whether is property or shares. The faster u throw the better. Painful nevermind. Cut loss always is risk like buy one. Sometimes turn out wrong. Price recover go up higher, u cut loss for nothing, bang balls one. But when u don't cut loss one day u kenah subprime or asian crisis, yr investment jatoh 90% n never recover, or u forced to sell at bottom cos cashflow problem.
Some gullible youngster say Warren Buffet teach u don't cut loss if yr investment is fundamentally sound, don't try to time market, etc. But I see Warren Buffet everytime try to time market but only sometimes successful. Also how u know yr investment is fundamentally sound? Maybe u made mistake? U r not Warren Buffet. U r just Joe Sinkapore, ok? Cut loss there protect yr capital, even u make mistake u won't die. That is logic of cutting loss. Even u don't now why u wrong, u sure u r right, even more u must cut loss.
That's why all the youngster I see follow Warren Buffet as role model, not ONE ever made money in stockmarket.
Uncle say: investment lifelong journey one, so many things can learn, so many interesting round to play, better than gambling horse, go geylang, call underage escort.....all these cannot fight " game of investment" . Is for sure, most challenging game in the world.
When u got it right, u make so much money u also dunno what to do with it(uncle pay off all bank loans on uncle's properties--no debt), when u lose, the most chiobu escort jump on your lap u also no mood do anything, horse stay in starting gate sial.
Hope all young men n young ladies have good investment this round. Cheers!
Hi uncle old fart, have been following sgx since enlighten by you words "when you say market will not be forever be down, one day sgx will be good again" and I decide to enter sgx at 6.48. I must say, ginger is still old better haha. Anw I think after ex div, I believe sgx will come down again during December. Can cash out b4 ex div and enter again at dec at lower price
superoldfart ( Date: 10-Aug-2012 17:43) Posted:
Uncle waiting waiting see how Far East Hospt Trust IPO n Berjaya Sports Toto IPO affect volume n sentiment. SGX priceaction looks steady....many uncle n auntie starting interested buy SGX, but still hesitant to buy sial....I olledy buy 5 lot for my grandson....I tell him gangan safe at this price, also got one siaobeh inside SGX called Magnus Prime, like " Optimus Prime" in his favorite movie " Transformer" --this one sometimes do " Buyserker" , sometimes save earth one......
Uncle wonder if we have a better market, will SGX ever go back to its high of $17.90 before subprime crisis sial....... |
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Don'ch need $17.90 lah......got 10 bucks I sor stomach liao.
superoldfart ( Date: 10-Aug-2012 17:43) Posted:
Uncle waiting waiting see how Far East Hospt Trust IPO n Berjaya Sports Toto IPO affect volume n sentiment. SGX priceaction looks steady....many uncle n auntie starting interested buy SGX, but still hesitant to buy sial....I olledy buy 5 lot for my grandson....I tell him gangan safe at this price, also got one siaobeh inside SGX called Magnus Prime, like " Optimus Prime" in his favorite movie " Transformer" --this one sometimes do " Buyserker" , sometimes save earth one......
Uncle wonder if we have a better market, will SGX ever go back to its high of $17.90 before subprime crisis sial....... |
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