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Friday, September 26, 2014

What will happen to our market now?

US market fell in overnight trade and as
expected, I started to received whatsapp and
sms asking me what will happen to our
market now? Also, a few readers told me
they are expecting the market to tank in
October and they want to be the vulture
to pick up the battered stocks.

This is what I replied to the readers and I
really wish to highlight that I see nothing
of the sort of disaster that is coming our way.
I define the fall in US market as normal profit
taking and it very perfectly normal.
Oh ya, for the readers who expect something
bad to happen in October, I have this for you,
"OCTOBER: This is one of the peculiarly dangerous
months to speculate in stocks in. The other are July,
January, September, April, November, May, March,
June, December, August, and February.
Mark Twain"

I got a few unconventional period to back up
my observation and views. If you have been
reading this blog for some time, you may still
recalled the "Library Book" theory that I shared
in this blog before. For those readers that missed
it or only started reading blog recently, it is a
personal observation that I encountered through
all these years. I realise that when the market is
very hot, the financial and stock market books in
the library will become very few as there are plenty
of people wanting to make money from the hot
market. The reverse will happen when the market
is very quiet. So what do I observe now in the
library? Well, there are plenty of books available
but there are no takers as the market is not hot
enough to "seduce" the next "bigger fool" in.
Oh ya, if your only-see-once-each-CNY relatives
or long-time-never-see friends suddenly called you
to share with you with a sure-up stock, please kindly
and immediately inform me. That is the perfect time
to get out of the market for me.
上帝要你灭亡, 必先让你疯狂
I don't think the stock market is 疯狂 enough, what
do you think?

You know what, among the red flowers, I spotted a
rare green leaf in Starburst. Very interesting....
maybe it is time to watch it again...


Monday, September 15, 2014

Starburst "burst" for now

Many readers asked me whether they can go
into Starburst now that it had fallen from the
peak. Well, when I recommended the stock
in bold and enlarged font, it was trading at
4xcts. It went up after I wrote about it and
I believe that not many others are writing about
the stock. I called for profit-taking around the
75cts mark and the stock went up by just one
more day to hit a historical-high of 79cts
before falling from grace. To me, its recent
surge is a good breakout from the chart
formation that I see. Some people told me
that it is impossible or very difficult to spot
the chart formation from a recent IPO with
just a couple of days or a few weeks of trading.
I have to say that if you are very used to
looking at chart everyday or regularly, you still
can spot something even it is a IPO stock.

As I am writing now, Starburst is trading at 62cts
or about 22% down from the high of 79cts. It is
hitting the support level right now. I did mention
this support to a blog reader specifically. I told
him that the stock will drop to this region.
Starburst should consolidate around this level
and whether or not there are future technical
breakout depends on what I can see in its
formation and the volume traded. I will update
in this blog if I spotted anything on Starburst.

Friday, September 5, 2014

First EC in Jurong for the last 17 years: Lake Life

I know that I did say that I will not write about
property stuff in this blog, but this great project
is something that I really believe in, and I
sincerely hope that the readers will benefit
and take advantage of this great money-making
no-brainer opportunity.

Ok, finally after a long wait of 17 years, Jurong
is going to have a Executive Condominium
along the much-talk-about future development
district of Jurong Lakeside. The project is
Lake Life,  imagine the life along the
Jurong lake region.

Where is the location?














What are the potential of the Jurong Lakeside region?

















Even our dearest PM Lee is also promoting the
Jurong Lakeside plan, read about it Here

I will write more on this project over the weekend.
For the time being, if you are living in the west and
have been stretching your neck to the maximum
and longing for an upgrade opportunity, this is
your greatest chance to do so without breaking
the bank. Given the massive plan on the region,
it is really a no-brainer to apply for the EC and
enjoy the location growth and the huge upside
potential (aka capital appreciation, layman term:
BIG profits) that comes with it.
Contact me through whatsapp @ 97509878 and
I can answer your doubts and questions asap.


 

Monday, September 1, 2014

No spark seen in Centurion and other stocks

Somehow there is no spark seen in Centurion
which I mentioned in last week blog. I will
continue to watch over the stock and hopefully
I can see some sparks starting to appear
with the stock.

Guys, it is time to look at the Triyard, Ezion
and Ezra as the chart are showing signs that
they will be the focus for a good time.
Do watch them...




Wednesday, August 27, 2014

View on Starburst and another potential stock

Ok, after I called for profit-taking for Starburst,
the stock managed to move up one more days
before hitting the reverse gear. It closing price
today was 72.5cts
What is my view on this stock?
It is the same as what a reader left the comment,"Anonymous
Anonymous said...
great time to take profits. thanks mr sl.
August 27, 2014 at 2:27 PM"
I believe that Starburst is taking a break after
surging from 4xcts to 7xcts within just a month.
Can it surge higher again?
I am closely monitoring the stock and will update
the readers if I spotted the flame is burning again.

There is a stock that I wish to highlight to the
readers which I believe is showing a good bargain
entry value with low risk. This is not a buy call yet
as the stock is falling from grace and I don't know
whether a bottom have been formed. I want the
readers to start to monitor this stock.
The stock I am talking about is Centurion.
If you want to know what is the company doing,
then do some read-up.
This is not a mid-term buy call yet as I am still
watching how the stock will behave.
I will update when I spotted the sparks....

 Delete

Friday, August 22, 2014

My view on Starburst

A reader posted a comment on the blog yesterday
night, "Anonymous said...
Hi SL, just wanted to drop by and say great call on
Starburst! After your recommendation, I went through
their financial statements and felt confident about their
fundamentals. A great choice!
August 21, 2014 at 9:37 PM"

Seriously I don't know what price did this reader entered
Starburst, but I believe he is sitting on a very good 
paper profits now. Let's just say that the reader bought
at 52cts and at current price of 73cts, it is a 40% gain
in a very short time. That is why I always tell the readers
that with just one good stock, you can make a very
good returns already. I will continue to unearth the
hidden gems and present it to the readers to appreciate
or just to discard it away.

What is my personal view on Starburst now?
I believe that most of the good news are absorbed into
its recent price surge already and I will be turning cautious
on this counter. Any good narrow surge will be a very good
chance to take the money out as the peak maybe forming
very soon, in my own opinion.
 

Thursday, August 14, 2014

Dividend from Metro and Stock Burst again

Ok, a reader left the below comment this afternoon,
" Anonymous said...
hi mr sl yesterday received a cheque $3000 dividend
from metro and my friend also received $2400 happy .
thanks you very much."
I believe that the reader have 50 lots and his friend
have 40 lots as the dividend is 6cts. I am not sure
at what price did the reader and his friend bought
Metro at, but the transaction figure should be quite
near to 50k and 40k each. I don't know about how
the other blog readers view, but this is quite a confident
purchase to me.

Regarding the dividend received, I will definitely tell
the readers to re-invest the dividend back into the
market after spending maybe 10% on a good meal
and maybe get a football jersey of your favourite team.
Even if the reader were to buy Metro again, he can
buy another 3 lots and his friend another 2 lots.
Don't underestimate this small buy as they will all
add up and eventually you will see your stock portfolio
become richer and richer.

Next, on 18th July, I posted in this blog,
"Ok, I am going to mention one stock that I have been
observing and done a read up. I believe that this stock
is the new QT Vascular as QT had since fallen from the
peak and lost the support of the grace. The stock is the
recent IPO Starburst, which had been bursting up since
its debut. The IPO was well-received and the placement
was also in "strong" hands. If you don't know what
happened, go read up SGX announcement. I don't intend
to feed you today. I believe that the readers will be asking
me whether they can still buy it now and how high can
the stock burst up to? I am not going to stick out my
neck and head this time. I also scare that they will burst.
Haha, joking aside, looking at its price action, as long as
it is above the 50cts mark it got the potential and fuel
to propel up higher. Take note that this is not a contra
recommendation and should be taken with a short-mid
term view."

I don't know whether the readers did notice that I
purposely bold and enlarge the stock Starburst,
as I was quite confident of its potential.
Starburst went to a low of 46cts and did a KRD
and it hit a high of 64cts and closed 2cts down at
62cts today. Let say a reader were to bought the
stock at about 52cts and suffered a short term
decline of 6cts, he will be sitting on a 23% in less
than a week.

During the Consumer Seminar last week, I specifically
told a reader, Desmond that I am bullish on Starburst
and Sinograndness. He was the last to arrive at the
seminar so I have the most time to share with him
my personal stock view. I believe Desmond can vouch
that I did tell him the above-mentioned 2 stocks.
See what happened to this 2 stocks in a flash.

I will continue to highlight some stocks that caught
my eyes and ears and I hope that the readers can
benefit from them. Do take note that the stocks that
I recommend in this blog is my personal view
and must be taken with a mid-term horizon viewpoint.
If you are satisfied with the returns, you can obviously
choose to take profits at one shot and bit by bit along
the way. 

Disclaimer:

Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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