Friday, 25 March 2016

OUE Hospitality Trust Rights Issue Application Survey

I will like to do a simple survey to find out the market sentiment about the rights issue of OUE HT. It is a very short survey with only 3 questions. Click here for the Google form. I'll share the result later on. This survey will end on 1st Apr 2016 14:00 hrs(GMT+8).

Friday, 18 March 2016

Start of Oil Recovery?


The recent oil price had been moving lower high and higher high. Had the oil price bottom? Yesterday was the first time in 2016 that the oil price closed above $40. The last time it was at this level was in early Dec 2015. It was just a couple of months back in mid-Jan that oil was at it 12 years low. What a run it has since......Are you betting on an oil recovery? I'll like to hear you out.

Monday, 7 March 2016

Seadrill - Massive Raised of SDRL!!!

source: Google Finance

Another 55% raised in Europe today....will it have the same raise tonight in NYSE?

Friday, 4 March 2016

Seriously??!! Are we seeing a bottom already?

Since the end of last year in Nov 2015, my portfolio had remained for 4 months of negative P/L (unrealised) till last month of Feb 2016. Will this value remain positive by the end of Mar 2016?

Are we seeing the bottom already? Are this just a bear rally only? The general market move in tandem with the raise of the oil price. IMO, I'm not expecting a surge in oil price, but I think it should be range bound between $35-$40. It will still be bad and fundamentally for oil & gas will likely to remain weak, but now I think roughly know the bottom is around $30.

Market will remain volatile and I see it as an opportunity for long term investor, mid term and short too.

Thursday, 3 March 2016

Recent Buy - Nera Telecommunications


Tuesday, 1 March 2016

Monthly Review - February 2016

18th post on monthly review and the 2nd in the year 2016. As you can see, I'd placed a snapshot of my portfolio summary and if you are interested in viewing the previous months or years figures, you can click on this link.

You will have probably observed that the capital invested increased a little. This was due to the currency exchange rate as my portfolio consist of SGD & USD holdings. There is no purchased nor sale of any holdings this month. This month ended positively with lesser negative values in my portfolio as with the major stock markets.