Great Eastern
Hyflux
Japan Foods
Japfa
Maxi cash
Mewah Int
Money Max Fin
Olam Intl
QMDental
SATS
Value Max
Friday, December 2, 2016
Saturday, November 19, 2016
A look at SGX stocks
I have been very busy with Life, so havent been tracking the SGX stocks. But the stock market moves in a crawl anyway.
In a previous post in september, I blogged about SUPER and how it technically looks like it was breaking out. Well, we all know why now.
Anyway, if it succeeds that means that my plans for having some beverage company shares just went down the pipe. So now that I finally have got some time, I'm looking at some stocks that are on my radar in terms of price and technicals.
Dairy Farm
HongLeong Asia
This is a new stock I'm interested in. Price has been in a consolidation for a long time and nearing the bottom of the range. The next move will be within a month if the TL is to be respected or broken.
Some facts about HL Asia.
Hong Leong Finance
Lippo Malls
OUE
OUE has broken out of the downward channel and at the resistance now. Targets $2.0.
QAF
Singapura finance
If you think that beer is going to sell like me, you'll be interested in this stock. 0.81 will be ideal, but i might nibble here as it is near short term channel support.
Wingtai
In a previous post in september, I blogged about SUPER and how it technically looks like it was breaking out. Well, we all know why now.
Anyway, if it succeeds that means that my plans for having some beverage company shares just went down the pipe. So now that I finally have got some time, I'm looking at some stocks that are on my radar in terms of price and technicals.
Dairy Farm
Dairy Farm is in channel resistance and may well go back to test $6.20, where a good buy will be.
HongLeong Asia
This is a new stock I'm interested in. Price has been in a consolidation for a long time and nearing the bottom of the range. The next move will be within a month if the TL is to be respected or broken.
Some facts about HL Asia.
Hong Leong Finance
Not to be confused with the above company, this share has been in a down channel. The inverted head and shoulders pattern is too long on the right shoulder and should be a continuation pattern. $2.01 is a good price to enter.
Lippo Malls
Lippo Malls Tr now on the support of a upward channel. May be a good price to entire considering the long wick at the bottom of the channel signalling strong buyer interest.
OCBC bank
Has broken out of the triangle and now at resistance. Price probably targets the yellow resistance
OUE has broken out of the downward channel and at the resistance now. Targets $2.0.
QAF
This is one stock that splits its investor's faces into grins. Price has run higher than I initially thought. Nevertheless, I think $1.10 is still a good buy when it comes down. Be wary of buying in at current price, as shown on the chart.
SATS
SATS price is still hanging around. Support is $4.50.
This share is still hanging out at the bottom. So risk is a drop to 0.65 or even towards, 0.58.
Thai Beverage
If you think that beer is going to sell like me, you'll be interested in this stock. 0.81 will be ideal, but i might nibble here as it is near short term channel support.
Wingtai
Wingtai at $1.4 will be a good buy. This stock may be hit next year due to recession that may happen.
Friday, October 7, 2016
Personal Finance Ideas
For 10 years, I admit, I have been paying into an ILP. At first, it is because I have no understanding of the financial market, and thought I did.
I recently stopped my ILP, just last year, in fact. I also stopped my investment into a fund portfolio by AVIVA.
Why?
Simply because I realised that the rewards of putting money into the funds have strangely under-weighted the risks. Or rather, I lost money over the 10 years, instead of gaining it.
Much of it went by the way of fees, I think. I took up a term insurance instead of the ILP and covered myself for a higher amount with the same cost. I also got a early critical care insurance instead of the critical care insurance that allows me to claim if I have stage 1 critical illness for treatment instead of having to wait for the doctor to pronounce that I have x months left to live.
Incidently, I also got it from another agent that critical care insurance, and life insurance will be paid out the moment your doctor pronounce your impending death, so there really is no difference.
For a read on ILP, you can refer to the link on Money Sense
5-reasons-why-singaporeans-still-continue-buying-ilps-today
Another interesting and fun product I was introduced with was from another insurance policy, where you get a one off top up of 50% of what cash you put into your account, but have to commit to 30 years of paying in.
The agent claims to have a 65% return on the product after 6 years, and of course his client is very happy, until you realise that it includes the 50% top up that was done. So it was really 15% return over 5 years in the booming days of 1998 - 2014, which works out to be 3% that a very safe fixed deposit with the insurance company will pay you anyway.
Ever since 10 years ago, I started out really being very interested with investing and building a retirement sum for my nest egg. I tried my hands at various things, stocks, MLM, ILPs, managed Fund portfolios, And I will say that I have generally lost money.
It is the case of not knowing enough.
I also started studying how to trade using technicals and understanding financial jargon, as well as practicing personal finance prudence.
I read blogs, and books. Attended lessons and webcasts. So I find myself getting more and more familiar and realise that the only way for you to reach your goals is to find your way.
Of course there is a few misses that happen along the journey, and we all get back with experience and hopefully, learn from our mistakes.
A few issues online about investing in bonds catches my interest.
There are a lot of people who do not realise that bonds are a lot like stocks, they can be traded, there is a price, a commission and a spread.
It also has risk in it and though not as volatile as the stock market, you must understand that once the company keels, everything goes. As a retail investor, you are right at the bottom of the food chain, you might as well be the producer, where you take all the risk with nothing to gain. The first lenders usually gets the money repaid first, if there are any.
Some good reads:
why-20-something-singaporeans-shouldnt-invest-all-their-money-in-bonds
There are also new platforms I am looking at, such as P2P lending, the sums are low and we can get better returns than normal. But it much more difficult to evaluate if the business will go well. Remember these people do not qualify for the stringent bank loans, they cannot even go to credit companies, that's why they are now looking for you.
In bad times, there is a greater possibility of default, also we have to see if the proposed usage of the funds are feasible. If it is not, it will fail and you will lose your money, even putting it in a 0% account is better than losing your principal.
is-your-p2p-platforms-interests-aligned-with-yours
There are so many things to share, and I will have to end it here. Till next time.
I recently stopped my ILP, just last year, in fact. I also stopped my investment into a fund portfolio by AVIVA.
Why?
Simply because I realised that the rewards of putting money into the funds have strangely under-weighted the risks. Or rather, I lost money over the 10 years, instead of gaining it.
Much of it went by the way of fees, I think. I took up a term insurance instead of the ILP and covered myself for a higher amount with the same cost. I also got a early critical care insurance instead of the critical care insurance that allows me to claim if I have stage 1 critical illness for treatment instead of having to wait for the doctor to pronounce that I have x months left to live.
Incidently, I also got it from another agent that critical care insurance, and life insurance will be paid out the moment your doctor pronounce your impending death, so there really is no difference.
For a read on ILP, you can refer to the link on Money Sense
5-reasons-why-singaporeans-still-continue-buying-ilps-today
Another interesting and fun product I was introduced with was from another insurance policy, where you get a one off top up of 50% of what cash you put into your account, but have to commit to 30 years of paying in.
The agent claims to have a 65% return on the product after 6 years, and of course his client is very happy, until you realise that it includes the 50% top up that was done. So it was really 15% return over 5 years in the booming days of 1998 - 2014, which works out to be 3% that a very safe fixed deposit with the insurance company will pay you anyway.
Ever since 10 years ago, I started out really being very interested with investing and building a retirement sum for my nest egg. I tried my hands at various things, stocks, MLM, ILPs, managed Fund portfolios, And I will say that I have generally lost money.
It is the case of not knowing enough.
I also started studying how to trade using technicals and understanding financial jargon, as well as practicing personal finance prudence.
I read blogs, and books. Attended lessons and webcasts. So I find myself getting more and more familiar and realise that the only way for you to reach your goals is to find your way.
Of course there is a few misses that happen along the journey, and we all get back with experience and hopefully, learn from our mistakes.
A few issues online about investing in bonds catches my interest.
There are a lot of people who do not realise that bonds are a lot like stocks, they can be traded, there is a price, a commission and a spread.
It also has risk in it and though not as volatile as the stock market, you must understand that once the company keels, everything goes. As a retail investor, you are right at the bottom of the food chain, you might as well be the producer, where you take all the risk with nothing to gain. The first lenders usually gets the money repaid first, if there are any.
Some good reads:
why-20-something-singaporeans-shouldnt-invest-all-their-money-in-bonds
There are also new platforms I am looking at, such as P2P lending, the sums are low and we can get better returns than normal. But it much more difficult to evaluate if the business will go well. Remember these people do not qualify for the stringent bank loans, they cannot even go to credit companies, that's why they are now looking for you.
In bad times, there is a greater possibility of default, also we have to see if the proposed usage of the funds are feasible. If it is not, it will fail and you will lose your money, even putting it in a 0% account is better than losing your principal.
is-your-p2p-platforms-interests-aligned-with-yours
There are so many things to share, and I will have to end it here. Till next time.
Monday, October 3, 2016
AUDUSD
AUDUSD at rsistance now. The TL is long term, a break above 0.77, will give this currency a reversal.
Thursday, September 8, 2016
SGDMYR, SGDCNY up or Down?
SGDMYR has been in a down channel on a longer term uptrend.
The currency has been weakening against the SGD for more than a year now and seems to be capped by $3.00.
Support is now at 2.9 - 2.8 and resistance at the top of the channel at 3.30 is the 1.618 extension of the move from the channel bottom.
SGDMYR
SGDCNY
SGDCNY, with the PRC weakening their currency recently after inclusion in to the World's reserve currency basket, the currency has been on the move.
The currency has been weakening against the SGD for more than a year now and seems to be capped by $3.00.
Support is now at 2.9 - 2.8 and resistance at the top of the channel at 3.30 is the 1.618 extension of the move from the channel bottom.
SGDMYR
SGDCNY
SGDCNY, with the PRC weakening their currency recently after inclusion in to the World's reserve currency basket, the currency has been on the move.
Saturday, September 3, 2016
A look at ThaiBev and SATS
SATS looks like support will come in $4.45.
It looks as if it just completed an ABCD extension. So could retrace back a little.
Thai Bev, has hit the top of some linear regression lines + 1.618% extension of the price between 0.43-0.80. A drop to $0.86 is 50% retracement if that is the high.
Thursday, September 1, 2016
A look at singapore stocks and the STI
Let's start with a look at the STI.
With Yellen signalling a rate hike in december and the US presidential election, BREXIT etc. the World is just so filled with news and anxiety everyday. Well, Life goes on and we can only look out for changes in the market and take note of the companies that we are interested in.
The STI has been in a range since march and is now at the mid-range of the march-september range of 2.78-3.00. Still looking for direction, maybe from today's US NFP.
Singapura Finance, is another stock I just got vested in at $0.87. This is a growth play.
With Yellen signalling a rate hike in december and the US presidential election, BREXIT etc. the World is just so filled with news and anxiety everyday. Well, Life goes on and we can only look out for changes in the market and take note of the companies that we are interested in.
The STI has been in a range since march and is now at the mid-range of the march-september range of 2.78-3.00. Still looking for direction, maybe from today's US NFP.
Diary farm now trading at the top of the channel, I think any dip to $6.3 will be of interest. My entry is around there also since I first blogged about this.
Great Eastern. I will only look at it when it reaches $16. As an insurer, I think we can look at them when the price is right, just because Asians are naturally fearful of the unknown and will probably continue to over insure themselves.
QAF, another stock I am vested in. price is still in a uptrend range. I am long $1.05+? price target is $1.35 top of the range, and support probably at 1.09 the next time it reaches channel support.
Another stock I am interested in is Super group, price has been in consolidation for a year and now is touching the TL resistance.
Singapura Finance, is another stock I just got vested in at $0.87. This is a growth play.
Wednesday, July 27, 2016
Monday, July 25, 2016
sgdmyr
The sgdmyr on the 1hour still shows a possible pennant/ flag formation that is still in the works. price is still within the flag, support is at 1.2980 - 70.
In the short term if price breaks resistance at 3.000. Then near term price targets, 3.068.
On the daily, the sgdmyr is still flirting with a longer term down channel resistance. Price is now at resistance. A break targets to 3.12 which is the previous resistance from 2015 September.
Longer term on the weekly, the flag has grown too long to remain in play. We will need to consider it as a range down sloping channel.
A run up to 3.12 will be another interesting place to look at.
STI index
The STI has hit and cannot overcome the resistance of 2965. Price has broken out of the downchannel and support is seen at 2700. That will be a good place to consider entering longs.
usdjpy
USDJPY has dropped from the dailt trendline resistance and is heading towards the 38.2% retracement of the most recent upmove. 103.7 is the support and 50% retracement as well as a completion of the head and shoulders. resistance is back at 105.40-60. Interim support of a possible channel (smaller) is right here @ 104.40.
Sunday, July 17, 2016
A look at STI and SPX and the banks
The SPX broke into new highs again, will this be a false breakout? How will that affect the STI?
STI looks set to break up and head to 2973 - 2994.
DBS looks like its forming a wedge. Price consolidation is too long to be a pennant/ flag. I think next week STI will show its form.
OCBC looks like a inverted head and shoulders forming, with the neckline at 9.40. a break of the neckline will target 10.30.
UOB looks ready to break out.
Disclaimer: I am not long any of the bank stocks. It will be interesting to see what happens next week.
STI looks set to break up and head to 2973 - 2994.
DBS looks like its forming a wedge. Price consolidation is too long to be a pennant/ flag. I think next week STI will show its form.
OCBC looks like a inverted head and shoulders forming, with the neckline at 9.40. a break of the neckline will target 10.30.
Another look at a different angle, OCBC could be in a channel targeting 7.0 - 6.80.
UOB looks ready to break out.
Disclaimer: I am not long any of the bank stocks. It will be interesting to see what happens next week.
Tuesday, June 28, 2016
DXY
DXY is still in a range 96.60 - 95.60.
Price is at the support now, though I still like it at the neckline of the double bottom for a long.
If price breaks resistance, I expect a test of 97.00 then 99.00 on a flag extension.
Take note that it is near the end of the month of June.
I have no positions currently.
Price is at the support now, though I still like it at the neckline of the double bottom for a long.
If price breaks resistance, I expect a test of 97.00 then 99.00 on a flag extension.
Take note that it is near the end of the month of June.
I have no positions currently.
Monday, June 27, 2016
eurusd and dxy
A look at the eurusd and DXY.
The eurusd is in a longer term channel. support 1.0915, resistance 1.110 to 1.1170. looks like a sell on rallies.
I am keeping away from the gbp, as it is very volatile.
The DXY looks like the usdchf, support is at 95.90 and resistance at 97.70 - 98.00, which coincide with fib extension to 1.618.
The eurusd is in a longer term channel. support 1.0915, resistance 1.110 to 1.1170. looks like a sell on rallies.
I am keeping away from the gbp, as it is very volatile.
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