The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
http://www.businesstimes.com.sg/comp...oss-on-ubs-bet
i'm surprised bro teddy hasn't jumped on this yet.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
What more to say?
I already expected it when GIC bought UBS at that time at that kind price.......
And Temasek lost a bundle on Bank of America (buying at about that period) right?
Ha ha ha! On the other hand, I made a bundle on Bank of America, Citibank, and Goldman.........
Goldman is now about double of my purchase price! But actually I made even much more from Bank of America................
Sometimes I wonder why we are paying so much to those people who are pulling in sub-standard performance................ Is it any wonder why I NEVER EVER buy Unit Trusts?
And oh ya, somebody here said follow Temasek and GIC to buy sure make money?
Last edited by teddybear; 18-05-17 at 00:12.
Bad indeed!
I already warned long long ago (just like I am warning about OCR private property prices)!
SHARES of Noble Group sank 5.5 Singapore cents or 13 per cent to 36.5 Singapore cents in the early minutes of Wednesday's trading upon trading resumption.
Rowsley price is now 0.081. Many who bought at 0.60 are being "CONNED "
Stock - MARRIED DEAL
==============
Many yrs ago, my remiser told me that I can do a stock MEARRIED DEAL with my friend. Just fill in the form who do you want to do
a "married deal". Once it is down. It will appear on the " time & sales" or trade summary .
When there is a married deal of $10 million @0.14 (7th Jun17) is on Kris energy. Many retail investors got excited. Thinking that they must be some "GOOD" news happening. Many retailer investors greedily & happily chased to high of 0.148. The volume was > 20 millions.
Then suddenly the big seller came out and start clearing and dumping & close 0.139 on the same day. Now those GREEDY investors think that it may be a TRAP.
The stock now is trading at 0.12.
Only 10% to 20% of the sensible people will cut loss & move on. The rest of the 80% are too emotional & will not
cut loss. Too painful to cut.
Which sensible person will believe MAxim trader (FX) which give 8% per mth return. I was invited by my friend to
attend the seminar which include 8 course dinner at Marina bay. I cant believe the dentist , doctor , teacher etc also believe
in this "SCAM".
Hong Kong Regulator Freezes Maxim Capital’s Assets.
Main suspect in Maxim Trader Ponzi scheme brought back to Taiwan.
https://www.allsingaporestuff.com/ar...emes-singapore
Yes, I managed to recoup and break even (or gain a little) with Rowsley a couple of years back.
This one is for momentum play, hold long very scary with the development in M'sia.
Scary story about the accountant who used to earn over 10K but recently tried to fake being knocked down by a car. The story goes that he was burnt badly due to stocks...
Just watch our mentality and most importantly, sleep well...
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
A very emotional investor will be more fearful buying individual stock during the " extreme fearful" time.
So it will be better off buying unit trust (diversify risk) rather than buying individual stock (concentration risk).
Those individual who bought DBS , OCBC , UOB ,Kepcorp , SPH , Singpost , CDL , capland etc may not be better off than the unit trust holder
You gain some , you lose some or breakeven for individual because some sector like O & G is not performing. Singpost try to change
but it get worst. SPH is trying to diversify to healthcare. Hopefully can be successful. CDL price did not really move due to cooling measured.
Only those bank share are the best performing stock.
Schroder Asian growth fund = Risk 8 (high) (CPF OA , SRS & Cash)
====================================================
Top holding = Alibaba , Tencent, AIA HK, Taiwan TSMC , China mobile , Samsung etc
Historical dividend = 2016 = 10cts , 2015=10 cts 2014=0.115 cts .
Dec13 price = 2.65
May15 price = 3.05
Nov16 price = 2.77
Mar17 price = 3.06 - (3.06-2.77)/2.77 = 10% minus 1% sale charge = UP 9%
Jun17 Price = 3.38
1st state dividend fund - Risk 8 (high) ( CPF OA , SRS CASH)
===============================================
Top holding = OCBC , Taiwan TSMC , CK Hutchsion . LG etc
Historical dividend = 2016 = 6.3cts , 2015=6.6 cts 2014=5.85 cts 2013= 5.5 cts...
May 12 price = 1.188
Dec13 price = 1.40
May15 price = 1.71
Nov16 price = 1.58
Mar17 price = 1.68 1.68+0.016(Dividend) - 1.58 = 0.116 divide by 1.58 = 7% minus 1% sale charge =UP 6%
Jun17 price = 1.78
Fulleraton SGD income fund - Risk 2 (LOW ) SRS & CASH (dont know why CPF OA not allow)
=======================================================================
Top holding - Investment grade bonds
Historical dividend = 2016 = 4.4 cts , 2015=4.2 cts 2014=4.3 cts 2013= 3.8 cts
Dec12 = 1.046
May15 = 1.0508
Nov16 = 1.0453
Mar17 = 1.0525 1.0525+ 0.011(dividend) -( 1.0452 ) = 0.0183 divide by 1.0452 = 1.7% minus 1% sale charge = 0.7%
Jun17 = 1.059
More bad news for Noble Group.........
Noble stock sinks as ex-CEO sues founder for HK$450m
Noble Group's stock fell 6.2% to close at S$0.305, near 2000 lowest
The trader's shares have collapsed 83 per cent over the past year, extending the company's troubles since antagonist outfit Iceberg Research first raised questions about Noble's accounting methods in February 2015.
Iceberg's initial report accused Noble of having inflated its bottom line through over-bullish price projections, claims which Noble rejected and dismissed as work of a disgruntled ex-employee.
But the trader has since been hit by a series of setbacks, including significant losses, a collapse in its securities, downgrades to its credit rating and uncertainty over its ability to fund its debt.
Wow!
Noble has no money to pay their debt that is due!
S&P had already cut Noble to JUNK status, question whether it can stay solvent within a year............
Indebted Noble confirms bank loan relief, but skips coupon payment
FCN BP-Shell-Chevron . Price on 23rd May17
============================
BP price - US$36.93 (23/5/17)
US$34.65 (22/6/17) 6.1% drop
Dividend yield est 7.5%
52 wks low = $31.57
52 wks high = $28.63
Chevron - US$106.27 (23/5/17)
US$104.49(22/6/17) 1.67% drop
Dividend yield est 4%
52 wks low = $97.53
52 wks high = $119
Shell - US$55.16 (23/5/17)
- US$52.23 (22/6/17) 5.3% drop
Dividend yield est 3.8%
52 wks low = $46.25
52 wks high = $56.39
When you trade FCN, you do not enjoy the dividend payout by the company when it is EX-dividend.
The weakest stock should be BP due to it has dividend payout. The stock should be ok unless there is
another major oil spill happen. Temasek is one of the big shareholder.
=================================================================
Exxon mobile price on 23/5/17 = US$82.58
22/6/17 = US$81.35 1.49% drop
Dividend yield est 3.5%.
52 wks low = $79.26
52 wks high = $95.5
I am monitoring Exxon mobile . If it drop further <US$80. Then can consider.
Can this be consider as Noble White Knight?
http://sgtalk.org/mybb/Thread-NOBLE-...SHARES-HUAT-AH
White Knight or not we should see whether Noble can pass their due diligence (if that company really interested in taking over, or the company is just speculating the shares only).
If their original white knight who is largest (or 2nd largest?) shareholder has backed off after due diligence, we would wonder whether this one will pass....................
Noble in the news again........
Hot stock: Noble dives nearly 35% on sale of two businesses
SHARES of agribusiness group Noble tumbled nearly 35 per cent or S$0.20 to S$0.375 on early Thursday.
The rise to S$0.70+ in past few days is a good chance for people to get out (but I believe many didn't)........
This is same for OCR 99-years leasehold properties, the rise to THOUSAND YEARS historical PEAK price is a good chance for people to get out at good profit (but I believe many didn't and won't too, and going to see the price crash >33% in coming few years)...........
There are many ways to make money without even being skimmed of a big sum of fees and taxes...........
Some people like proud owner trades forex................
Others trade futures (see here - Can make US$2,200 in a day).............
Futures itself already is a form of leveraged "investment" instrument without even needing to pay interest (unlike properties) and still fearing that interest rate will increase............
For every $1 you put in, you can buy >$20 of futures' market value..........
So to make US$2,200 in a day, I estimated that you just need US$40,000 capital only......
Read here:
Trading futures is also by itself based on "leverage", because for each US$1 position you opened (be it "long" or "short"), you are controlling about $20 position!
That is to say, when you open a $50,000 position, you are exposed to $1,000,000 ($1 MILLION) opened position and hence market risk!
So, really is for you to find out how to make money....................
I have already given you pointers like above. If you refuse to learn, no one can help you!
Last edited by teddybear; 28-07-17 at 09:21.
Former SGX CEO Magnus Bocker dies from cancer
28 Jul 2017
SINGAPORE: Mr Magnus Bocker, who helmed the Singapore Exchange (SGX) for more than five years, has died from cancer. He was 55.
At the time of his death, the Swede was executive chairman of Blibros Capital Partners, an investment company in Singapore and Stockholm.
Blibros CEO and partner Jonas Lindstrom confirmed the death in a statement to Channel NewsAsia. "Our executive chairman Magnus Bocker passed away earlier this week, on Jul 26, after a valiant battle against cancer. Those of us who have been fortunate enough to know and work with Magnus have lost a dear friend and an inspiring colleague.
"He was an exceptionally talented leader with an entrepreneur's gift of building industry-defining businesses."
He is survived by a partner and three sons.
Mr Bocker joined the SGX in 2009 after leaving Nasdaq, and stepped down in June 2015.
Read more at http://www.channelnewsasia.com/news/...cancer-9071880
Actually, you can make much more US$2,200 in a day from trading futures!
You can read more about it here, you can actually make S$8542 in a day from futures trading!:
You want to make profit of S$8542 in a day from trading?
Well, you can lose and you can also can win, it is all up to your capability.......
However, the thing is, you can make US$2,200 in a day with say only US$40,000 in capital!
Can you buy a private property with US$40,000 capital? it is not even enough for down payment!
Think about it, if you buy a $1 Million property, you need to pay say S$100,000 ABSD (which is much more than US$40,000)! - And can your property let you earn US$2,200 in a day, or any day in the whole year?!
And, even if a person have enough for down payment of a property, say he/she buy a OCR private property now at THOUSAND YEARS historical peak price, I can safely assume that he is going to be STUCK with it with possible ZERO capital appreciation in next 10 years! What's more, he will be stuck with a loan where the interest rates will keep escalating! With low rental yield, increasing interest rate, and will be having NEGATIVE CASH FLOW for many many years (until he has no money to pay the instalment and the property get force-sold)!
Come 2020 or after, it will be interesting!
Based on my experience, many people who bought OCR private properties now and in the past 2 years will be BURNT badly, chao tar!