SINGAPORE STOCKS INVESTING: A SINGAPORE BLOG ON TAKING STOCK OF AND INVESTING IN OURSELVES!
CHINA GAMING STOCKS IN FOCUS: POLICY REVERSAL!
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Dear readers, in this post, let us learn about the surprising policy reversal of China's gaming rules and the impact of the related Chinese gaming stocks.
Dear readers, I have just completed the book "The Bezos Blueprint: Communication Secrets of the World's Greatest Mind" by Carmine Gallo. This is a book that analyzes the communication strategies employed by Amazon founder Jeff Bezos.
Dear readers, the Singapore stocks markets, as measured by the Straits Times Index (STI) are at a high. When the stock markets are trading high, it is not easy to think of a market sell-off.
Dear readers, the Forbes Singapore 50 Richest list is out (full list here ). To make it for the list, individuals should have a net worth of at least US $870 million.
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Dear readers, the STI carried out a good rebound of 1.14% north yesterday to reach a close of 3,516.23. To appreciate the rally, let us look at the STI ETF, an ETF which tracks the STI. When the Singapore stocks markets corrected recently, the STI ETF went to a low of $3.35 on 9 Feb 2018. Yesterday, the STI ETF, buoyed by the STI rally went to a high of $3.52. This means that if an investor has bought into the STI ETF at $3.35 for a cool 3,000 shares at a total investment of $10,050 and sells the ETF at $3.52 for a profit of $0.17 per ETF share (around 4.82% profit margin), the investor would have profited a cool $510 before transaction fees.
Dear readers, let us watch the video below of JD.com stock. One of the stocks under the "Selective International Plays" with the potential to multibag one's portfolio over a longer-term horizon in my humble opinion.
Dear readers, it is time once again to review the performance of the STI constituent stocks for the previous trading week. As usual, we will focus on the oversold and overbought STI stocks. Overbought stocks include: 1) Capitaland 2) Keppel Corporation 3) Sembcorp Industries 4) SGX 5) SIA
Dear readers, I know the Singapore stocks markets have performed not good at all for the previous two trading days. And I believe what every investor has on their minds now is whether the stocks markets are going to crash soon. It is an inevitable feeling since when stocks markets go into a bear market; it really takes some time for the stocks markets to go down by some percentage on a daily basis. Hence faced with such a situation, investors naturally thought of doing any of the below.
Dear readers, just some time ago, Global Yellow Page announced that it will be placing out rights shares priced at 20 cents per share in order to raise some funds for its business expansion. What surprised me was that the right shares at 20cents each was at a premium over the then trading price of Global Yellow Pages stock. Since the announcement of the rights issue, Global Yellow Pages stock price has increased. Based on yesterday’s closing, Global Yellow Pages stock are at 19 cents per share, still below the price of the rights.