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.
Saturday, April 3, 2010
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.
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