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Saturday, March 9, 2013
Why US market all time high but STI still around 3300?
Have you wonder why US market at historical all time high , but STI is still around 3300 point (all time high at 3900)? Well, the reasons is because , firstly, STI market track 2 market, (mainly US and China) , US at all time high and China market had just bottom out. Also the other reason is because in Singapore , there are lot of China people be it PR or foreigner , they follow china market too.
However , this could be the real MAIN reason , because during the start of Jan 2013 , you may have seen a lot of penny stock in the top 20 volume , everyday in the SGX , people all playing those everyday , buying million of shares at few cents. Then I asked my broker , hey people should be making a lot of money buying these as one day they can surge 10% to 100% . My broker answer , no in fact a lot people lose money , losses range from 50k to 6 figure or more.
That the reason why u see when the US market surge to all time high , however because in the market a lot of people lose money that why there is no strength in the STI market.
Disclaimer: Please be informed that this blog mentioned stocks are solely for the purpose of information only; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your dealer representative or remisier or financial adviser.
Tuesday, March 5, 2013
Reason to buy china mingzhong
Indofood invested
01 Mar 2013 28 Feb 2013 ChinaMinzhong
PT Indofood Sukses Makmur Tbk SSH S/U 94,245 - 1.195 192,245 29.330
01 Mar 2013 28 Feb 2013 ChinaMinzhong
CAB Holdings Limited SSH S/U 94,245 - 1.195 192,245 29.330
01 Mar 2013 28 Feb 2013 ChinaMinzhong
First Pacific Investments Limited SSH S/U 94,245 - 1.195 192,245 29.330
01 Mar 2013 28 Feb 2013 ChinaMinzhong
Salerni International Limited SSH S/U 94,245 - 1.195 192,245 29.330
01 Mar 2013 28 Feb 2013 ChinaMinzhong
Anthoni Salim SSH S/U 94,245 - 1.195 192,245 29.330
01 Mar 2013 28 Feb 2013 ChinaMinzhong
First Pacific Investments (B.V.I.) Limited SSH S/U 94,245 - 1.195 192,245 29.330
01 Mar 2013 28 Feb 2013 ChinaMinzhong
First Pacific Company Limited SSH S/U 94,245 - 1.195 192,245 29.330
Valuation : $1.680