NOL / Cache / Indoagri charts

Personal reference only. NOL: I think I mentioned in the cbox not too long ago about the possibility of seeing a triple bullish divergence. We're seeing it now. I still don't like the persistent downtrend line that the price seems so reluctant to break. I think 1.88 seems like a good entry point, exit at 1.96 thereabouts? Undecided whether to trade this or not. Cache I got in at 0.915, which I think is an excellent entry point. I see...

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Addicted to burgers :D

** "BIAS" is a special feature in my blog where I get to say whatever I want with scant regards for your feelings. I'm not politically correct in this feature, so go ahead, judge me." Quite recently, I've been addicted to this new burger by Burger King. Actually I'm not sure if this is a new burger or not, but there's this promotion that had been going on for some time. Basically, you order a standard meal that comes with...

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My political inclination

Vault dweller showed me a very interesting test on my political inclination. Since the hottest topic these days is about election, and I've no idea which side I'm on, I took a test that he linked to me. You can try the test here and do write it in the comments so that we can compare notes :) The test is quite long, around 6 pages worth of short questions in which you have to answer 4 choices : strong disagree, disagree, agree and strongly agree....

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Leveraging for passive income

Recently a person named newbie shared some of his insights into leveraging for passive income. It's not a new concept to me, but he did kindly shared some of the details on how he did it. Many thanks and appreciation for his generous sharing in my infamous cbox. Before I proceed, do take note that I've never done it before and this is at best an interpretation of what I had gathered from his sharing. It may not be exactly what he had in mind because...

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Spendthrift youth?

I came to know of a story regarding a female private university student who had spent 11k of her parent's money from the start of the semester to now. The semester should be about 4 months, starting from the beginning of the year. It's really incredible because at 11k for 4 months, it's about $2,750 per month of expenses. And she hasn't even started earning her keep yet! This is not the first time I've heard of spendthrift students, but this must...

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Hyflux preference shares Part 3

It seems like hyflux preference shares issue is getting a lot of attention lately. Besides splashing nearly a whole page on the local newspaper, it is also widely commented in internet forums and blogs. To see how immense the interest in the hyflux preference share is, one only have to look at the explosive increase in viewership after I've posted the two articles on my opinion regarding this fund raising exercise. This is not the only indicator...

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Hyflux preference shares Part 2

Here's part 2 of the Hyflux preference shares commentary. In part 1, I've talked about the technical details of the offer, so now we can concentrate on whether it is a good buy, which is the ultimate question.  Let's take a look at the preference shares offered by the banks here: Most of them are ranged between 4 to 6% pa. Hyflux is issuing theirs at 6% and subsequently stepped up to 8% pa if they did not redeem by April 2018. But the...

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Hyflux preference shares Part 1

Hyflux recently announced plans to offer a 6% cumulative, non-convertible, non-voting, perpetual preference shares to raise funds. The purpose of this fund raising exercise is not known (or I've not read closely enough in the prospectus here). Regardless, let's see if this is worth looking into. First of all, let's take a look at the terms of the offer. Preference shares is a type of hybrid between bond and equity (in fact, closer to bond than...

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The difficulties of investing

The most difficult part of investing is the fact that repeating the same thing in different times will end up with different results. That is both frustrating and difficulty to correct. Imagine you are trying to learn how to ride a bicycle. You do an action and immediately you can see the results, hence the learning cycle is reduced. You practically learn how to cycle by trial and error alone. But in investing, the duration that transpired between...

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I'm a big girl now, mummy

I came across this wonderful poem while reading this book by Virginia Ironside, titled "The Virginia Monologues", which I'll share in this post. I picked the book up in the library yesterday when my class got cancelled in the evening. I love moments like this - a sudden god-send gift to relax. Since it's too late to arrange a dinner with my wife, I just went to the library to see if any books can find me (I realised that we never find books. Books...

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The posts that never made it

The title is a little misleading. In this blog post, I will put in some posts that I canned away before it is even published. The reasons will be stated besides each canned blog posts too, so that you can agree or disagree with them, haha! As mentioned in previous postings, it's hard to keep up with new posts every now and then, so the only approach I found viable is to have ideas jotted down, as they come along. So, when I'm walking along the streets...

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Mid action review - Cache Logistic Trust

I've blogged about the charts on Cache a few weeks ago. Here's a mid action review. Weekly I bought it at 0.915 many weeks ago. Since then, the weekly bullish divergence has come to fruition. I'll be mapping out the exit strategy now. 0.955 - 0.960 is quite a resistance to clear. After that, 0.98 and eventually 1.00 is the level to go. Since it's a weekly divergence, maybe I'll wait till 0.98 and see how it proceeds. 0.955-0.60 gives me a...

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A giant living in a small world

In this horrid times, I feel like a giant roaming around in Singapore. When I go to a typical food court to have my meals, I just cannot be filled by one portion size anymore. More frequently, I'll have to order double portions or eat a light snack immediately after my main meal to ward off those growling hunger pangs. Even the drinks that I ordered seem to conspire against me, because the cups are so filled with ice that I can probably finish...

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