Sunday, February 3, 2013

Do you dare to buy STI now?


2 years passed since the last post and many things changed. I am closer to my goal of $3 million in asset, thanks to my full time job but still far from reaching the distant goal. I also invested in 2012 and made some gains but still could not beat the STI benchmark soundly. I learned to cut losses and try to ignore emotions during investment. Hence, I made the decision not to invest in individual stocks anymore. This will save me time spent in tracking, reading, buying and selling.

The 2 problems regarding investing in the STI now are:

  1. Investment Strategy
  2. Market Risk

Investment Strategy

The common strategy for investing is dollar cost average. However, I prefer not to use it as the theory does not feels correct. It does reduce the risks which I encountered sometimes, eg Biosensor which I had sold after it got below my 10% cut losses but soon rebounded higher. Several alternatives like lump sum and dollar value averaging are available. I wish to explore dollar value averaging once since I feeling dangerous about investing in STI now.

Dollar value averaging compensates more when the value drops and invest less when the value rises, unlike dollar cost average which uses a constant.

Market Risk

My biggest concern is the STI is near the peak now. All it takes is a bad news and the market could get into correction mode or reverse completely. Nevertheless, since Chinese New Year approaches and after getting some positive statistics from Yahoo about STI ETF, February feels like a good month.





Month% Monthly Gain vs 3 months laterSamples
Jan1.17%5
Feb3.59%5
Mar2.15%5
Apr2.35%5
May0.30%5
Jun-0.18%5
Jul-2.60%5
Aug-1.81%5
Sep-0.48%5
Oct0.72%5
Nov0.03%5
Dec-0.09%4

Conclusion

I will try buying STI and dollar value average one month later before selling in May, June.

Sunday, February 13, 2011

Cash Offer: JAYA HOLDINGS LTD (J10)

Jaya Holdings Limited is a Singapore-based investment holding company. The Company operates through two main divisions: Offshore Shipping and Shipbuilding. The Offshore Shipping Division is engaged in the owning and chartering of offshore support vessels in serving the offshore oil and gas, marine construction, mining, harbor tug operations and other related industries. The Shipbuilding Division is engaged in the building of vessels and vessel sale activities. Its vessels include anchor handling tug and supply vessels/anchor handling tugs, utility supply vessels, platform supply vessels, accommodation work barges and deck cargo barges. Its subsidiaries include Jaya Offshore Pte Ltd, which is engaged in ship chartering and ship management; Java Marine Lines Pte Ltd, which is engaged in ship owning, ship chartering, shipbuilding and vessel sale, and Jaya Offshore (H. K.) Limited, which is an investment holding company. During the fiscal year ended June 30, 2010, it disposed 19 vessels.
Stock Chart
JAYA HOLDINGS LTD stock chart
Offer Price
$0.48

Reference: SGX Offer Document

Other Resources
Finanical Times Summary
Google Finance Overview
Insider Trading - Insider Alpha
Reuters Finanical Summary and Ratio

Saturday, January 15, 2011

Cash Offer: KIM ENG HOLDINGS LIMITED (K50)

Kim Eng Holdings Limited is a Singapore-based investment holding company. The principal activities of the Company consists of stockbroking, futures broking, investment advisory, provision of corporate finance services, margin financing, money lending, fund management, provision of nominee and fiduciary services, investment holding, property investment and real estate development. It has four geographical segments: Singapore, Thailand, Hong Kong and Indonesia. Other countries in which the Group operates comprise United States of America, United Kingdom, India, Malaysia, Philippines and Vietnam. Its subsidiaries include Rezan Pte Ltd, Kim Eng Securities Pte. Ltd, Kim Eng Futures Pte Ltd, Kim Eng Finance (Singapore) Pte Ltd and KE Strategic Pte Ltd.
Stock Chart
KIM ENG HOLDINGS LIMITED stock chart
Offer Price
$3.1

Reference: SGX Offer Document

Other Resources
Finanical Times Summary
Google Finance Overview
Insider Trading - Insider Alpha
Reuters Finanical Summary and Ratio

Saturday, January 8, 2011

Review of Prediction for 2010 @ Jan 2010

Review of Predication for 2010

STI to go up by 5% to 3,040 at the end of the year. Just using the the upper end of PM prediction of GDP and relating to the stock market hopefully.

My optimism was right but the GDP prediction was so wrong.

Ringgit to strengthen against SingDollar which is currently 2.4

This site seem to indicate it drops to as low as 2.31. But probably around 2.33 then the strong SingDollar policy kick in to fight inflation.

Fiber optics plan in Singapore will be useless to most home owners. Don't think anyone found a good use of bandwidth except for illegal contents.


Report of Starhub CEO not sure if needed. Only 5% uses the fastest broadband service currently.
http://mis-asia.com/news/articles/starhub-ceo-not-sure-singaporeans-need-fiber-to-the-home

Also, I had the trial fiber optic and it wasn't as fast as I hoped for the download. Upload is quick but probably useless since I don't upload much stuff online.

Significant research advances of some crops. Perhaps there will be a finding of some genes that lead to better harvests or resistance to the climate changes.


No idea about this one at all and didn't read much into crops.

Google change their looks to cater for real-time search.


Yes with Google instant? But it isn't perfect or useful to most users and probably take up lots of bandwidth and money for Google too.

Friday, December 24, 2010

Cash Offer: ASA GROUP HOLDINGS LTD (A25)

ASA Group Holdings Limited (ASA) is a Singapore-based investment holding company. The Company, together with its subsidiaries is engaged in the manufacture and sale of tiles and related products. Its subsidiaries include Shanghai Fortune Ceramic Co., Ltd, Shandong ASA Ceramic Co., Ltd, Shanghai ASA Ceramic C., Ltd, ASA Ceramic Tec Holdings Ltd, Venture Up Investments Limited, Leader Tech Group Limited, Central Trinity Group Limited, Central Trinity Group Limited, Techbuild International Limited, Trade Accord Group Limited, Shanghai ASA Laticrete Adhesive Co., Ltd, and Shanghai Xirui Trading Limited. The Company’s subsidiaries are engaged in manufacture and sale of ceramic tiles and related products and investment holding.
Stock Chart
ASA GROUP HOLDINGS LTD stock chart
Offer Price
$0.04

Reference: SGX Offer Document

Other Resources
Finanical Times Summary
Google Finance Overview
Insider Trading - Insider Alpha
Reuters Finanical Summary and Ratio

Thursday, December 23, 2010

Cash Offer: FINANCIAL ONE CORP. (CL9)

Financial One Corp. is an investment holding company. The Company provides a variety of financing services to a customer base consisting primarily of small and medium-sized enterprises (SMEs) in Taiwan and selects international markets, including the United States, Thailand, the People’s Republic of China (PRC) and Vietnam. The Company operates in six segments: finance and operating leases, installment sales, factoring, direct financing loans, commercial real estate and other financing loans, and other financing and non-financing business (including direct financing loans provided to corporate and individual customers through strategic alliances with commercial banks, non-performing loans collection, collection services and management of its investment portfolio). On March 20, 2009, the Company acquired Chailease Credit Service Co. Ltd. In January 2010, the Company announced the incorporation of the subsidiaries, namely Chailease International Company (Malaysia) Limited.
Stock Chart
FINANCIAL ONE CORP. stock chart
Offer Price
$0.485

Reference: SGX Offer Document

Other Resources
Finanical Times Summary
Google Finance Overview
Insider Trading - Insider Alpha
Reuters Finanical Summary and Ratio

Saturday, December 4, 2010

Cash Offer: MAP TECHNOLOGY HLDGS LIMITED (CU7)

MAP Technology Holdings Limited is an integrated data storage service provider. The Company’s principal businesses are categorized into four divisions: manufacture and sale of precision stamping products; manufacture and sale of die-cut components; plastic injection molding and mould design and fabrication, and provision of electronics manufacturing services (EMS) solutions. Its precision stamping division manufactures hard disk drives components, such as vinyl chloride monomer plates and disk clamps. Its die-cut components division manufactures customized products, primarily acoustic dampers for the hard disk drive (HDD) industry. The Company’s Plastic injection moulding segment offers plastic injection mould design and fabrication, injection molding, mechanical assembly of components for telecommunications, office automation and medical industries. Its provision of EMS solutions offers solutions for data storage devices, such as external HDDs of various form factors.
Stock Chart
MAP TECHNOLOGY HLDGS LIMITED stock chart
Offer Price
$0.0715

Reference: SGX Offer Document

Other Resources
Finanical Times Summary
Google Finance Overview
Insider Trading - Insider Alpha
Reuters Finanical Summary and Ratio