test4

Friday, August 12, 2011

Recent Updates

On Portfolio: Overall -5%. Fortunately less than total dividends received over last two years

Did a series of buy transactions recently.
SGX at $7.13 (average $7.36)
CMA at $1.44 (average $1.65)
AIMS at $0.205 (average $0.201)
SMRT at $1.88
Capland at $3 (average $2.32)

Sold all GRP at $0.205.
Drew up a list to sell, but was too slow in executing.


Frankly speaking, I'm unsure why CMA and Capitaland continues to trend down whether market went up or down. It's ridiculous and this is making CMA look even more like a con job. What the hell is the CEO and board doing? Is there any point getting awards, getting record profits, but not caring a hoot on shareholders' value?

I'm still clearing some cobwebs and loose ends in my head, and looking to restructure my portfolio, probably realizing an estimated paper loss of $20k (on past mistakes when I first started) to clean it up. Cheap deal for 3 years of lesson I would say. More to read up.



I'm looking to do something different in the year 2012. Somehow life's events are pushing me towards a path where I once pondered if I embark on. Let's see how it goes.

Thursday, June 30, 2011

STI EW count?

Been too busy.
This is a latest EW count?

Just my 2 cents.... It could be wrong. For viewing pleasure and for entertainment value.

Primary 4:
A: 3314 ~ 3118 (-196)
B: 3118 ~ 3280 (+162)
C: 3280 ~ 2916 (-364)


Primary 5:
1: 2916 ~ 3208 (+292)
2: 3208 ~ 3000 (-208)
3: if 1.618 of 1, then +472 = 3472   (3165 is critical due to downtrend line not drawn in)


Alternate count:
Primary 4 has not ended.
A-B-C-X-A-B-C


My 2 cents. That's all. Back to work.

Friday, April 15, 2011

Sunday, April 3, 2011

March 2011 Portfolio Update

March saw a terrible disaster at Japan, leading to my holdings of companies with Japanese exposure going down substantially. In addition, panic selling brought down prices further. Unfortunately, I have used my opportunity funds to enter Singtel the previous month. But fortunately, Singtel did not go much lower than my buy-in price at all, displaying the resilience of this telecom company. Neither did Starhub budge much too.

Since I have no opportunity funds, I did not enter this month. The good news: prices have not substantially recovered since the Japan crisis. The bad news: my rate of growth of opportunity funds wasn't as fast as I would like it to be.

While we profit from the crisis, do spare a thought for the Japanese by donating to Red Cross or the little donation box at Yoshinoya counters around Singapore.