Funds Flow Out from Emerging Economies - Stocks Balance Update to 15-Jun-2013

This week I have refrained from buying new positions, instead I take 1 lot of OCC5.1% NCPS.
The total loss has worsened to -3.5K, and updated balance chart as follows:

This has been a blood shedding week for STI. While I look at it, it may be getting close to an end. Next week would still need some consolidation yet.

Just realize there isn't much news this week. Anyway, up and downs are just so normal for the Market.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Struggling to Get the Uptrend Intact - Stocks Balance Update to 08-Jun-2013

This week I have been doing a few buy moves: AsianPayTV, KepCorp. Hopefully I'm putting the right bet.
The total loss has worsened to -3.2K. the updated balance chart is as follows:

Why the 2 counters? CapitaComm is still expensive and current situation somehow not very favorable to S Reits. Profit taking may be continuing if for taking some break first next week.
AsianPayTV have gotten lot of negative feedback, well this is an iPO, news flying around is just normal. For buying a cash flow and yield, this point is still valid.
KepCorp is only because I like the oil & gas sector. Swiber may provide better growth opportunity, but I don't like the continuing cash flow and high rate loans raising as posted earlier too.

Anyway, the US Friday market surged again on better than expected job data. So this confirms money printing is effective but unemployment rate is still high. DJ is at all time high now and this is a tricky situation never before. US is a nation full of explorer spirit, if the money printing exercise going to stop somewhere, I do believe it will happen.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

S Reits Have Taken a Break - Stocks Balance Update to 01-Jun-2013

This week have done a few trades with Baogang(SSE). Applied for Asia Pay TV iPO but didn't get any so kind of considered lucky. Maybe will consider to get some if it get pushed down further by players.

Anyway, not a fantastic week for stocks market, total loss worsened a bit to -2.9K, and updated balance chart as follows:

As now I've not any holding of local stocks, I have a few on the watch list:
KepCorp,
CapitaComm

The economics are getting tricky as US stocks have broken record high and there are lots of speculations on the scale down of QE. While Asia and Euro drops US still maintained at their high ground. Tough time to earn some money from it right? Anyway, I'm just hoping that the trend reversing point hasn't really come yet as I have already placed some bets on that, kind of.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Asia Pay TV iPO result

It's actually my first try of IPO and ended up dramatically.
The offer price was 0.97. I applied some small amounts and in the end gets 0 lots. I was surprized because it's one of the biggest public offer of 70000 lots. There are so many applicants!

Today marks the first day of trading and it just went underwater and close at 0.92. 5% loss to offer price kind of sacarstic.

On the other hand, another IPO of Soil Build performed on the first day of trading. But look at the public offer size, it's so small probably only a few can get just 1 lot.

Anyway, this gives me a good experience with IPO and help me to get much better insight knowledge on how this thing works. Have to say the players are real blood suckers out there.

Applying an iPO is like buying a risk. When I get to know it didn't allocate anything, I went into Aussie dollar, again been slautered the same way immediately.

This is how the market is.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Asia Losing the Stocks Gains - Stocks Balance Update to 25-May-2013

This week I've done 1 trade to offload 1 position of Baogang(SSE). This is mainly because their shares buy back program has ended, and quite early actually as original schedule is before Sep this year.

DBS 4.7% pref shares have paid out this week and gives some realized gain. The total loss has been flat at -2.8K, and updated balance chart as follows:

I kind of think that market is going to get difficult. Invest with caution.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Bears Attack Again on Gold - Stocks Balance Update to 18-May-2013

This week I have offloaded my MSFT shares. Didn't really do it at good timing as towards Friday it just made a new high.
The total loss has been flat at -2.8K this week, updated balance chart is as follows:

I have reset the start time of chart to 30th Mar this year.

The market has given a signal this week. The USD has strenghened, Gold has become bearish again, US stocks continue to make new highs. It seems the market has confirmed the bright economy outlook for US.
This could be just a fake signal though. After 3 years of QE, it will be painful when this printing exercise start to withdraw progressively as it should be.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Hold on to the Cash - Stocks Balance Update to 11-May-2013

This week for portfolio change I have offloaded 1 position of Baogang(SSE).
The holding pages have been updated also.

Stocks market are still rising together with US. The total loss has been improved to -2.9K, and the updated balance chart is as follows:

The chart timeframe will be updated soon, I'm thinking to start with a new time point of 29-Mar.

This week the USD/Yen has surged above 100. AUD has suddenly plumged to even below 1.0 USD for a while. Have to say I was attempted to average down, but hold back as I don't really have the experience with Forex market yet. Currently it has incurred a -0.5K loss to me already.

Something is brewing with the Asian region. Econimically, the depreciated Yen will cause pressure to local SG export, especially on the manufacturing plants. It's a fragile ecosystem, need to watch out carefully.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

US Refresh New Highs - Stocks Balance Update to 04-May-2013

This week I have done a few sell trades,
I have cleared Oracle, sold half of DBS pref shares, and only kept 2 positions of MSFT.

The markets are rising, and total loss has improved to -3.1K.
Updated balance chart is as follows:

Work has been busy and I don't have much to comment for this week.
Till this point, I have finally seen some light of break even point in the market. I think that is encouraging.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

H7N9 Spreads and Upstake the Risk for East - Stocks Balance Update to 27-Apr-2013

This week, I have done some trades in MSFT. This counter has rallied this week and my balance has benefited from it. Besides that, DBS NCPS has been holding the prices very strong, and somehow this contributes certain paper gain.

The shareholding pages have been updated, and the total loss has improved to -3.5K.
Updated balance chart is as follows:

This week NK has queited down. On the other hand, Japan is continuing with its disputes with China on the island. There was earthquake in Sichuan and that is another fight with nature China has quite well taken care of. Gold has upbreak the 1440 mark and continued its up moving. This short period of bear attack last week was really confusing. Another wave of Gold rush is coming in?

I'd be rather cautious for now, especially on local market the property heat is still on but 1st quarter economy statistics are stagnant. Have to watch out for this double edged sword.

These 2 weeks I have been doing some experiments with Forex. As part of this year target, this could be another source for gains. Currently this whole thing has cost -0.4K loss, and it could end up going nowhere. Have to closely monitor this, the focus is only AUD/USD for now.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Gold Bears Attack and Hold Back - Stocks Balance Update to 20-Apr-2013

This week I have been adding my portfolio of Baogang(SSE) and MSFT. After the purchase, I'm now holding to 3 positions of Baogang, 5 positions of MSFT and 2 positions of Oracle.

The total loss of stocks investment has stayed flat at -4.3K. The updated balance chart is as follows:

I took a relook of the full-year results announced by Baogang(SSE), and realized actually there was operating profit for the last quarter. I was initially thinking the last quarter was making a loss but it actually was draw down by some one time cost.

Msft released good result. This is in contrast to the generally negative comments to Win8. I can only make a wild guess that now Msft is doing better to penetrate China market. Many have switched to genuine license instead of using pirated copy? Anyway, I'd still watch out the developments in the tablet market, I think Msft still have potential.

Have to say this week Gold is the major focus. The initial sell down to 1325 has caused many Chinese buyers to flood in. Till the weekend it has been edging up to 1400 and hold on well again. I can't be sure how it will go, but the sell down may haven't ended yet.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.