SG Investor Hub Blog

How much did AK make from Saizen REIT?

Reader:

Dear AK,

I just started following your blog this year. So many gems!

Thanks for resharing your Saizen REIT blog post from 2015 on Facebook. It just tells me how much more I have to read in your archives!

I might regret asking this but…

Loading up on my War Chest

I have previously done a post about ‘spring cleaning’ my stock portfolio on 5 March 2017 (read here). With equity valuations looking a bit rich, I reckon it would be good to raise the percentage of my cash holdings. On 11 … Continue reading

Laggard stocks: Chart outlook for ISOTeam, Midas and Sapphire (17 Mar 17)

Notwithstanding the rally in the equity market, there are some stocks which continue to be laggards and are consolidating around their key support areas. If the market continues to stay buoyant, it may be a matter of time before funds rotate to the following laggard stocks, namely ISOTeam, Midas and Sapphire.   1.ISOTeam closed unchanged $0.390. Day range $0.390 – 0.395. Ave analyst: $0.600 ISOTeam has been testing the support area of around $0.375 – 0.390 for the past four days. Short term exponential moving averages (“EMA”) are moving lower with 20D EMA crossing below 50D EMA. It is fortunate […]

How to Prepare for Rising Interest Rate

<Image credit: SeekingAlpha.com>

So, it is final
that FED increased interest rate by 25 basis points on last Wednesday and you
could easily find news and comments on the impact of stocks and economy with
this rate hike.  But at least the rate hike
is seen as vote of confidence in US economy which has witness increasing
inflation and job growth and of course market react positively on

Retail Market Monitor: Thursday, March 16, 2017

Expect positive sentiment to spill over to the Singapore market after Fed raised its benchmark rate as expected and on a rebound in oil prices as well as strength in the underlying domestic economy.

As the saying goes, “Buy on rumours, Sell on news”. Apparently, this is not just for capital markets, this holds true even for Foreign Exchange market too.

Yellen announced the rate hike decision last night, citing that the labour market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was little changed in recent months. Household spending has continued to rise moderately while business fixed investment appears to have firmed somewhat.

Theoretically, a hike in rates will translate to a higher USD. In this case, this did not happen as markets have moved forward and priced in the possibilities earlier. Thus after the announcements of rates, USD plunged shortly after.

Personally I’m watching: Sembcorp marine, Citydev, Parkson Retail, Sunningdale, DBS. Please note that these are my personal observations of which I share with my friends who are watching the market too. In this way, we can exchange and share any information that can help us along the way.

That being said, please watch for entry prices and plan for exit too, it does not mean one can buy in blindly because the broker had mentioned earlier. Usually, it happens only when the price moves down, incurring a paper loss and friends calling me up trying to find out more. The market is like a jungle. Everything is changing, anything can happen. Even the target prices as written in the research reports should be taken as a reference, not an absolute. Ultimately, we are all here to profit from the market.

At the point of writing, Noble dropped 0.015, to a price of 0.194. As mentioned in my earlier email to a friend, I have sold noble already. the upcoming share consolidation is a surprise to all of us. It seems that market is not taking it positively.

*Economy: Economists have raised Singapore’s 2017 GDP growth estimate to 2.3% (previous: 1.5%), nearer MKE’s 2.5% forecast. This was spurred by anticipated improvement in the manufacturing (est: +4.5%, previous: +1.5%) and finance & insurance (est: +2%, previous: +1.8%) sectors.

*SIA: Feb group pax load factor improved 2.4ppts to 80.7%, as passenger traffic growth (+4.1%) outpaced capacity expansion (+0.9%). Load factors rose on promotions across East Asia (+3.5ppts), Americas (+5.6ppts), Europe (+5ppts) and Mid-East/Africa (+6.7ppts), with the exception of SW Pacific (-3.3ppts). Subsidiary carriers’ load factors were mixed with Tigerair (+1.4ppts to 83%) climbing, while Silkair (-0.9ppts to 73.1%) and Scoot (-1.7ppts to 85.1%) slipped. Cargo load factor rose 2.4ppts to 61.4% as capacity contraction (-5.9%) overshadowed decline in carriage (-2.1%). MKE last had a Hold with TP of $9.70.

*Noble: Proposed 10-into-1 share consolidation in a bid to reduce volatility and improve liquidity by narrowing the bid/ask spread, and concurrently soften the impact of speculative orders on the stock.

*Soilbuild Construction: Awarded $149.4m contract by the HDB to build a high rise multi-user food factory at Bedok North Avenue 4. The contract would raise its contract order book to $562.2m. Construction is expected to commence in 1Q17 and will take about 32 months to complete.

*HMI: Received strong interest for its 11-for 200 rights issue, with 145.7% subscription rate. This will raise gross proceeds of $18.5m which will be used to increase its ownership stake in Mahkota Medical Centre and Regency Specialist Hospital to 100% (prior: 48.9% and 60.8% respectively).

*Sarine Tech: Commenced operations at its new 55,000 sf facility in Surat, India, consolidating all of its Surat-based activities for the Indian diamond market under one roof.

*HL Global: Extended the long stop date for proposed disposal of LKN Investment by one month to 15 Apr.

http://www.marketwatch.com/story/text-of-march-fomc-statement-2017-03-15

Why You Should Get The Unlimited Cashback Credit Card

Having recently experienced an interest rate reduction on his deposits, there is finally some good news coming from the banking industry. A competitor, Standard Chartered Bank (‘SCB’), just released a very attractive credit card- the Unlimited Cashback Credit Card. We all know that cashback is all the rage these days. By targeting right at the […]

The post Why You Should Get The Unlimited Cashback Credit Card appeared first on Heartland Boy.

What is Contra Trading?

Contra Trading, is the act of
1) buying a stock and selling it before payment date
2) selling a stock and buying it back before payment date

In Singapore, after a trade is executed, you have three working days before you need to pay the total cost …

How I managed to claim $21,900 from my Insurer – even before my Policy was active

*This is a story contributed by Donald Lee, who helped his client claim all her medical and hospital bills – even though the policy was not fully inforced at point of diagnosis*   In this industry, we are often thought of as pushy and “sales-only” oriented. Which is really a negative image that all financial planners […]

The post How I managed to claim $21,900 from my Insurer – even before my Policy was active appeared first on Singapore’s Life Insurance Blog: Expert and Unbiased Views.