Yes.....guessed from the above you can summed up what were achieved this year.
For all the different forms of so-called investment from toto, 4D, stocks and forex.....goner! Maybe 4D was okay becoz I managed to wake up and realised that luck was on my side therefore I managed to slow it down to a crawl hehe.
So....this baby whale didn't managed to swim out to the open ocean but just managed to swim around the bay but still managed to get "screwed-up" by the many traps of life.
So....good-bye 2010.
Thursday, December 30, 2010
Saturday, July 10, 2010
Up-date
haha....June started very well for me but mid-way thru, run into self doubt and end-up "screw-up" esp for stocks. For forex not so bad....in the end I am still up but not up to my standard and expectation.
Now...july, the stock market suddenly wake up again. frankly no idea whether this is a dead cat or mouse bounce or the real thing. Still since it is up....my portfolio is looking better. Which is a good thing...esp to me.
Now...july, the stock market suddenly wake up again. frankly no idea whether this is a dead cat or mouse bounce or the real thing. Still since it is up....my portfolio is looking better. Which is a good thing...esp to me.
Thursday, April 22, 2010
Stock market up-date
For Yangzijiang...I managed to make about 7K but then the winning just cannot cover for the losses of SMIC.
Still lucky to be able to make some money lor....sighed!
Just don't want to think too much about the losses if not...then I will feel very depressed about the whole thing esp that I would have made some profits when it shot up to HKD1.02 on last Thursday...I turned greedy, very greedy!
Now I am paying the price for my greed lor!
Still lucky to be able to make some money lor....sighed!
Just don't want to think too much about the losses if not...then I will feel very depressed about the whole thing esp that I would have made some profits when it shot up to HKD1.02 on last Thursday...I turned greedy, very greedy!
Now I am paying the price for my greed lor!
Saturday, April 17, 2010
Yangzijiang latest up-date
MEDIA RELEASE – FOR IMMEDIATE RELEASE
Yangzijiang aiming to enter the robust offshore sector
Offered to acquire PPL Holdings by intending to take a 50.1% stake.
Rest 45% and 4.9% in PPL Holdings would be taken up respectively by strategic partner, a Middle East investor and Yangzijiang’s Non-Executive Director, Mr Yu Kebing.
Total consideration for PPL Holdings at US$155 million.
Yangzijiang would place 83.555 million shares at S$1.295 per share to the Middle East investor to fund its proposed stake of 50.1% in PPL Holdings.
SINGAPORE – 17 April 2010 – Yangzijiang Shipbuilding (Holdings) Limited (“Yangzijiang” or “the Group” or “扬子江船业控股有限公司”), one of PRC’s leading and most enterprising shipbuilder listed on the SGX Main Board, on 15 April 2010 entered into a placement agreement with a Middle East investor ("Investor") in relation to the placement of 83,555,000 new ordinary shares in the capital of Yangzijiang at the issue price of S$1.295 per new share.
Yangzijiang aiming to enter the robust offshore sector
Offered to acquire PPL Holdings by intending to take a 50.1% stake.
Rest 45% and 4.9% in PPL Holdings would be taken up respectively by strategic partner, a Middle East investor and Yangzijiang’s Non-Executive Director, Mr Yu Kebing.
Total consideration for PPL Holdings at US$155 million.
Yangzijiang would place 83.555 million shares at S$1.295 per share to the Middle East investor to fund its proposed stake of 50.1% in PPL Holdings.
SINGAPORE – 17 April 2010 – Yangzijiang Shipbuilding (Holdings) Limited (“Yangzijiang” or “the Group” or “扬子江船业控股有限公司”), one of PRC’s leading and most enterprising shipbuilder listed on the SGX Main Board, on 15 April 2010 entered into a placement agreement with a Middle East investor ("Investor") in relation to the placement of 83,555,000 new ordinary shares in the capital of Yangzijiang at the issue price of S$1.295 per new share.
Friday, April 16, 2010
This week's stock up-date
Yes...this is also a shitty week for my stock trading thingy, losses upon losses!
Maybe it's time to "hang up" this thought of being a day or swing trader thingy and just stick to my day job.
The losses...I can do without and used the money for tours for the family or just keep it for raining days. Yes....can see the raining days coming soon! WFT!
Maybe it's time to "hang up" this thought of being a day or swing trader thingy and just stick to my day job.
The losses...I can do without and used the money for tours for the family or just keep it for raining days. Yes....can see the raining days coming soon! WFT!
Sunday, April 11, 2010
weekend up-date
No luck for my 4D...sighed but anyway I have already toned down a lot which is good too.
Working OT on Sunday....half day only to cover for my counter-part. Also give me a chance to meet up with the "C" team optrs/leads so that to clear-up the rumor about me getting the pink slip.
Oh...btw, the latest report was that the plant will continue till at least Dec 2010.
So....I maybe still be around for sometime which is good too. No need to worry too soon about getting a job. Just want to stay positive as much as possible!
Stock Market - may want to down-size my holding for SMIC to a manageable level. Now just too much and too high a risk since it is like putting my eggs into one basket.
With so much happening around...that may not be a great idea esp with the markets looking "toppish" and almost everyone wanting to jump in without fear. This is a time for me to fear, not good to be greedy!
One thing I learn about LIFE.....always good idea to live and fight another day. And as long as one is healthy and have "capital" there will always be better opportunities down the road.
Working OT on Sunday....half day only to cover for my counter-part. Also give me a chance to meet up with the "C" team optrs/leads so that to clear-up the rumor about me getting the pink slip.
Oh...btw, the latest report was that the plant will continue till at least Dec 2010.
So....I maybe still be around for sometime which is good too. No need to worry too soon about getting a job. Just want to stay positive as much as possible!
Stock Market - may want to down-size my holding for SMIC to a manageable level. Now just too much and too high a risk since it is like putting my eggs into one basket.
With so much happening around...that may not be a great idea esp with the markets looking "toppish" and almost everyone wanting to jump in without fear. This is a time for me to fear, not good to be greedy!
One thing I learn about LIFE.....always good idea to live and fight another day. And as long as one is healthy and have "capital" there will always be better opportunities down the road.
Friday, April 9, 2010
SMIC up-date
Noticed that whenever the HK index raised this stock would traded side way or with a downward bias. The greater the index points increased....the worst is for this stock.
Then....it "hit" me to realise that this stock is still consider a "penny stock" or
3rd-liner stock. And the present theme in HK is to play the top-liners which is reflected by the index raise. On Wed and Fri, the HK index shot-up by over 300+ points and on both days....this SMIC went "south" towards the close on smaller volume. But on Thu, when the index was down....this stock was quite steady and in fact closed up with good volume too.
I shall keep this observation for next week....esp this stock.
Then....it "hit" me to realise that this stock is still consider a "penny stock" or
3rd-liner stock. And the present theme in HK is to play the top-liners which is reflected by the index raise. On Wed and Fri, the HK index shot-up by over 300+ points and on both days....this SMIC went "south" towards the close on smaller volume. But on Thu, when the index was down....this stock was quite steady and in fact closed up with good volume too.
I shall keep this observation for next week....esp this stock.
Saturday, April 3, 2010
Market outlook for next week
Most likely to be a positive one both for SGX and HK since with the positive US Job Data on Friday. Which is also good for all markets...and myself haha.
With HK only opening for trading on coming Wed....I have 2 extra days to focus my attention to the market here. Lately I noticed some buying opportunities eg Biosensor and Oceanus for penny stocks and eg Swiber, SG Global and Midas for the $1+ ones.
I have about S$12K of free equities to play....so hopefully to make some extra $$$$ for the funding. As for Hengxin...looking like it may "rest" for awhile before running again. So...may be attempt to sell my holding.
With HK only opening for trading on coming Wed....I have 2 extra days to focus my attention to the market here. Lately I noticed some buying opportunities eg Biosensor and Oceanus for penny stocks and eg Swiber, SG Global and Midas for the $1+ ones.
I have about S$12K of free equities to play....so hopefully to make some extra $$$$ for the funding. As for Hengxin...looking like it may "rest" for awhile before running again. So...may be attempt to sell my holding.
Forex up-date
Understood from the group that Josh has "hit" the jackpot and is the big winner with the recent trades. He will be buying a treat for all come Tuesday...and I am very happy that I prediction of him being the "brightest spark" from the group was proven right!
Now....when I have the time then I can know who to look for to help me with the forex thingy. My aim is to win back my tuition fee and what I lost so far. That should be too much to ask if I go for $100 per pip since I have a few thousand in my forex account still with Onuda! I can also start funding my MFG forex account by transferring a few thousand from my CFD account or just bank-in the cash! No big deal to get it done...with 4 rest days next week.
Alamak...I have to plan to spend some time for my income tax filing hahaha, so fast already now in April. Last day for filing is 15th Apr...shit!
Now....when I have the time then I can know who to look for to help me with the forex thingy. My aim is to win back my tuition fee and what I lost so far. That should be too much to ask if I go for $100 per pip since I have a few thousand in my forex account still with Onuda! I can also start funding my MFG forex account by transferring a few thousand from my CFD account or just bank-in the cash! No big deal to get it done...with 4 rest days next week.
Alamak...I have to plan to spend some time for my income tax filing hahaha, so fast already now in April. Last day for filing is 15th Apr...shit!
Thursday, April 1, 2010
Trading up-date
Yeah..clear off Alibaba at the start of trade at HKD15.80 btw I bought it at HKD17.06 after it's 1st Qtr result. With good result...the stock still dropped almost daily, so today I finally decided "enough is enough". This was my 2nd try for the stock and both times....lose! So...twice bitten, I will never try the third time!
Now left with 2 stocks in my CFD account. Henderson Inv HK0097 and SMIC HK0981 - but only managed to make some money out of SMIC. In fact...SMIC is my core stock, meaning I had more than 1 mil for this one....for Henderson Inv, I have about 500 lots. SMIC added 3 cts while Henderson dropped 2 cts today...still managed to add
S$4+K to my GLV.
HK market will only re-open on Wed.
Now left with 2 stocks in my CFD account. Henderson Inv HK0097 and SMIC HK0981 - but only managed to make some money out of SMIC. In fact...SMIC is my core stock, meaning I had more than 1 mil for this one....for Henderson Inv, I have about 500 lots. SMIC added 3 cts while Henderson dropped 2 cts today...still managed to add
S$4+K to my GLV.
HK market will only re-open on Wed.
Wednesday, March 31, 2010
Wednesday up-date
Stock - had a super run on Tuesday and managed to recoup all the losses and in fact the fund's GLV was showing a profit for the 1st time of 3.8K but today....it was back to sq one. Again GLV was down by 14K by the close. WTF!!!!
The funny thing about investment is that when the market is down....almost all the shares on hand will drop accordingly, more or less. But in up market....sometimes not all will go up accordingly too. Today....all on hands dropped.....shit! and was down by 18K ( most still just paper loss - realised only 3.5+K as kena stopped out for Noble and I also sold off Global Bio-Chem becoz it just broke the support-line )
Now left with 3 stocks on hand. Henderson Inv HK0097, Alibaba HK1688, and SMIC HK0981
and with about 11+K of free equaties. Yes....now need to have big cushion to tahan any wild swing in price.
That is the danger of putting too many eggs in one basket!!!
The funny thing about investment is that when the market is down....almost all the shares on hand will drop accordingly, more or less. But in up market....sometimes not all will go up accordingly too. Today....all on hands dropped.....shit! and was down by 18K ( most still just paper loss - realised only 3.5+K as kena stopped out for Noble and I also sold off Global Bio-Chem becoz it just broke the support-line )
Now left with 3 stocks on hand. Henderson Inv HK0097, Alibaba HK1688, and SMIC HK0981
and with about 11+K of free equaties. Yes....now need to have big cushion to tahan any wild swing in price.
That is the danger of putting too many eggs in one basket!!!
Friday, March 26, 2010
4D for this coming Sat and Sun
No special one to think sbout....as I sit beside him. Anyway...my favorite the date of the draw as "tip".
So...tomorrow is 27/03, so may have to change one of the number and I think this set "2706" is a good I-bet for the top 3 prizes! Or....1730.
Good luck!!!
So...tomorrow is 27/03, so may have to change one of the number and I think this set "2706" is a good I-bet for the top 3 prizes! Or....1730.
Good luck!!!
Stock Market - next week!!
Think...the whole market is looking tired and best to aviod them. For me....the best way is to slowly clear of my positions till only leaving behind my core stocks which is SMIC in HKex and Noble in here.
For SMIC....any price below HK$1 is good price esp now at 93 cts. Looking at it, it is very cheap now and for the past 3 weeks it has move up nicely and still at "1/3" it's IPO price. That for me...show that there is great potential of a huge push upwards! While for Noble...it is becoz of it's Vice Chairman who sold 1/3 of his holding that caused it's price shares to fall too but this will be a short-fall.
For the rest....eg, Alibaba, Henderson Inv, GCL-poly, Zijin Mining and Yuexiu Prop will be sold as soon as I can a nice profit for them! Then hold the proceed all in cash till the next opportunity come along to vest again.
For SMIC....any price below HK$1 is good price esp now at 93 cts. Looking at it, it is very cheap now and for the past 3 weeks it has move up nicely and still at "1/3" it's IPO price. That for me...show that there is great potential of a huge push upwards! While for Noble...it is becoz of it's Vice Chairman who sold 1/3 of his holding that caused it's price shares to fall too but this will be a short-fall.
For the rest....eg, Alibaba, Henderson Inv, GCL-poly, Zijin Mining and Yuexiu Prop will be sold as soon as I can a nice profit for them! Then hold the proceed all in cash till the next opportunity come along to vest again.
Fri stock market - plan!
Presently my core holding stocks included SMIC : HK0981, Noble : NOBG.SI. My plan is to vest 40 to 50% of my total funding in them....then the balance 50% will be in a couple more stocks as "trading buys" and to hold as margin or cash!
At present....my holding for the core stocks is at only 20%, therefore will slowly increase the holding as to plan ( 40 to 50% ).
Why....SMIC and Noble???? Well....I find great potential for both esp SMIC! It is cheap and has a good story-line to push the share price higher. Looking at it...now
it's share price is only at it's "1/3" original IPO level therefore still has "2/3" to run. Plus....new top management and factories also running max but still couldn't cope with demand. Then, Noble...this is also a good trending stock except that now it's Vice Chairman is in need to money, therefore sell out "1/3" his holding at
S$3.10 and that made the price to "break trough". That is why...I fast hand and leg
to vest 10 lots...and looking to add more positions to my holding.
At present....my holding for the core stocks is at only 20%, therefore will slowly increase the holding as to plan ( 40 to 50% ).
Why....SMIC and Noble???? Well....I find great potential for both esp SMIC! It is cheap and has a good story-line to push the share price higher. Looking at it...now
it's share price is only at it's "1/3" original IPO level therefore still has "2/3" to run. Plus....new top management and factories also running max but still couldn't cope with demand. Then, Noble...this is also a good trending stock except that now it's Vice Chairman is in need to money, therefore sell out "1/3" his holding at
S$3.10 and that made the price to "break trough". That is why...I fast hand and leg
to vest 10 lots...and looking to add more positions to my holding.
Thursday, March 25, 2010
Thu's Dow closed only slightly up!
So...most likely that the HK stock market may open higher and after a short while after the start the "lau-sai" will set in.
Dow started well....and by mid-day already up by more than 150 points then....it's start the downward struugle!
Dow started well....and by mid-day already up by more than 150 points then....it's start the downward struugle!
Thursday's up-date
Stocks - well, had a down day for Monday and my funding went down by 5K. Then also did do much for Tue and Wed...and with the market looking tired, had plan to do some spring-cleaning by selling my holding since the market was holding steady for the 2 days but I was kind of busy. Went to AIA and do some errands plus go watch movie on Wed. Just felt that the market is not going anywhere and no fun sitting and watching
it going thru the "cha-cha" dance steps. But things changed on Thursday....noticed the Global Bio-Chem still at the unchanged price and that the DOW also down, I made up my mind to clear this Global Bio-Chem ( candle stick chart also not good ). So sell....the whole lot of 120 lots. My ave cost was at HK$1.997 and I sold it at
HK$2.12 then I started to notice that there were movement for SMIC. Was thinking of adding position but in the end....decide also to sell. So....set it at HK$0.85 onwards....with 100 lots at every cts upward ( Meaning 85 cts @ 100 lots, 86 cts @ 100 lots....and so on till last 100 lots at 89 cts ). By then...it moved to 84/85 cts range, fast hand and leg....adjust the price upwards to 88 and 89. By mid-day....already kena and the price was at 90 cts. POWER....profit shown on the screen was HK$32.5K but then I kena "stop-out" for the 25 lots of Golden Agri...total loss at S$875. With the 2 HK stocks winners...more than off-set the loss of this Golden Agri one. Now funding...at 7/10 level.
What made me decided to sell? Well....with the US-China problem heating up and the tired market, I felt it's time to take some money off the holding and wait for opportunity. But....woke-up at 3pm to check on the market again. Shit....hand itchy!
Saw that this Yuexiu Prop : HK0123 was dropped to HK$1.99/2.00 so I bought at $2.00 when I saw it started to turn around....managed to buy 100 lots with a ave of HK$2.012 and it closed at HK$2.05 showing a realised profit of HK$3.8K. Also went in for 86 lots of Henderson Inv at HK$0.73 cts to make it 150 lots on hand plus 30 lots of Zijin Mining at HK$6.16 and 30 lots of GCL-Poly at HK$1.82
So....now in my holding : Zijin Mining ( 30 lots ), GCL-Poly ( 30 lots ), Henderson Inv ( 150 lots ), Alibaba ( 5 lots ), Yuexiu Prop ( 100 lots ).
HUAT AH!!!
it going thru the "cha-cha" dance steps. But things changed on Thursday....noticed the Global Bio-Chem still at the unchanged price and that the DOW also down, I made up my mind to clear this Global Bio-Chem ( candle stick chart also not good ). So sell....the whole lot of 120 lots. My ave cost was at HK$1.997 and I sold it at
HK$2.12 then I started to notice that there were movement for SMIC. Was thinking of adding position but in the end....decide also to sell. So....set it at HK$0.85 onwards....with 100 lots at every cts upward ( Meaning 85 cts @ 100 lots, 86 cts @ 100 lots....and so on till last 100 lots at 89 cts ). By then...it moved to 84/85 cts range, fast hand and leg....adjust the price upwards to 88 and 89. By mid-day....already kena and the price was at 90 cts. POWER....profit shown on the screen was HK$32.5K but then I kena "stop-out" for the 25 lots of Golden Agri...total loss at S$875. With the 2 HK stocks winners...more than off-set the loss of this Golden Agri one. Now funding...at 7/10 level.
What made me decided to sell? Well....with the US-China problem heating up and the tired market, I felt it's time to take some money off the holding and wait for opportunity. But....woke-up at 3pm to check on the market again. Shit....hand itchy!
Saw that this Yuexiu Prop : HK0123 was dropped to HK$1.99/2.00 so I bought at $2.00 when I saw it started to turn around....managed to buy 100 lots with a ave of HK$2.012 and it closed at HK$2.05 showing a realised profit of HK$3.8K. Also went in for 86 lots of Henderson Inv at HK$0.73 cts to make it 150 lots on hand plus 30 lots of Zijin Mining at HK$6.16 and 30 lots of GCL-Poly at HK$1.82
So....now in my holding : Zijin Mining ( 30 lots ), GCL-Poly ( 30 lots ), Henderson Inv ( 150 lots ), Alibaba ( 5 lots ), Yuexiu Prop ( 100 lots ).
HUAT AH!!!
Saturday, March 20, 2010
Next week trading theme for SGX - penny stock
Trading themes were hard to come by. And the only one that punters could sink their teeth into - the Hong Kong dual-listing play - is looking a bit long in the tooth. This play emerged three months ago when China XLX Fertiliser listed some of its shares in HK. Its stunning first-day performance delighted brokers and corporate finance types, who latched on to it to recommend that others follow suit.
The latest to announce plans to list in HK in Swing Media, citing well-worn 'better valuations' as the main reason. Swing's shares swung into play as a result, appearing in the top volume list on Thursday and Friday, but although the counter rose to 6.5 cents in high volume, it ended the five days unchanged at six cents.
There was also spillover punting of others who have announced similar HK ambitions, such as Midas Holdings and Epure. The fact that China XLX and the second dual listing so far, Z-Obee, have both failed to perform as hoped for post-HK listing has been glossed over by a market starved of punting themes. This, it appears, has made it overly keen to embrace the 'better valuation' refrain.
Punters also showed keen interest in a handful of penny stocks other than those falling under the HK dual listing umbrella. Healthway Medical, for instance, enjoyed enhanced liquidity because of plans to expand clinics in China, a move praised by DMG & Partners in a 'buy' with a 30 cent target price.
Apart from Wednesday, when market breadth widened considerably, suggesting the entry of hordes of retail punters, the focus was narrow on most days. Genting Singapore was consistently the most active stock, perhaps because of the opening of Universal Studios. Given the sterling efforts of house traders to churn interest through rotational punting, what followed Genting on the actives list on any given day was anyone's guess.
In the previous week, Genting was regularly followed by Golden Agri and Indofood Agri. Yesterday, EuNetworks, PineAgritech and Abterra were favoured, most likely because of their low absolute prices rather than any fresh corporate developments.
There are a couple of these penny stocks that caught my eyes are : Biosensor at 79cts ( strong support at 78 cts level ) and Oceanus at 35 cts ( rested quite a bit ).
This is for those who have only SGX trading account.
The latest to announce plans to list in HK in Swing Media, citing well-worn 'better valuations' as the main reason. Swing's shares swung into play as a result, appearing in the top volume list on Thursday and Friday, but although the counter rose to 6.5 cents in high volume, it ended the five days unchanged at six cents.
There was also spillover punting of others who have announced similar HK ambitions, such as Midas Holdings and Epure. The fact that China XLX and the second dual listing so far, Z-Obee, have both failed to perform as hoped for post-HK listing has been glossed over by a market starved of punting themes. This, it appears, has made it overly keen to embrace the 'better valuation' refrain.
Punters also showed keen interest in a handful of penny stocks other than those falling under the HK dual listing umbrella. Healthway Medical, for instance, enjoyed enhanced liquidity because of plans to expand clinics in China, a move praised by DMG & Partners in a 'buy' with a 30 cent target price.
Apart from Wednesday, when market breadth widened considerably, suggesting the entry of hordes of retail punters, the focus was narrow on most days. Genting Singapore was consistently the most active stock, perhaps because of the opening of Universal Studios. Given the sterling efforts of house traders to churn interest through rotational punting, what followed Genting on the actives list on any given day was anyone's guess.
In the previous week, Genting was regularly followed by Golden Agri and Indofood Agri. Yesterday, EuNetworks, PineAgritech and Abterra were favoured, most likely because of their low absolute prices rather than any fresh corporate developments.
There are a couple of these penny stocks that caught my eyes are : Biosensor at 79cts ( strong support at 78 cts level ) and Oceanus at 35 cts ( rested quite a bit ).
This is for those who have only SGX trading account.
4D - Sat 20/3 : 1st prize 3720
See my post on last night "Stock market round-up for SGX and HK" at the comment colume.
SWEE SWEE....HUAT AH!!!
SWEE SWEE....HUAT AH!!!
Friday, March 19, 2010
For the week of trading - result
By Friday, with everything counted the total GLV for my fund has gone up to be at
2/3 level again. Same level as at the start of this week. Therefore not too bad for my trading. Yes....with a couple of screw-ups for the week that cost me dearly!
Still have to recover another 1/3....and by using the present way of trading then I won't be able to recover my intial funding of 50K, that it why I want to focus and have a couple of good stock picks ( best - those penny stock ) for me to dump in my money in order to win big.
2/3 level again. Same level as at the start of this week. Therefore not too bad for my trading. Yes....with a couple of screw-ups for the week that cost me dearly!
Still have to recover another 1/3....and by using the present way of trading then I won't be able to recover my intial funding of 50K, that it why I want to focus and have a couple of good stock picks ( best - those penny stock ) for me to dump in my money in order to win big.
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