Stocks - Creative (currently holding)

Accidentally deleted this post, now I need to re-write it again.

Was thinking of selling some portion of my Creative shares.
One of the good things I learnt from trading Forex.
It is good to gradually reduce your trade size when you are earning or losing money.
So that you lock in on profits, or reduce the damage.
But you must enter the bet size to allow you to do this in the first place. Like for Singapore, minimum is 1000 shares or 1 lot. So you should enter at least 2 lots and above.

Why not sell all?
Currently, they are suing Apple and some other big company for copying their patents.
So that they might get a big increase in cash, that is when I will sell if that comes true.

Why sell?
I have lost confidence in their business.
They have good products, but bad marketing strategy.
I saw their products in Popular book stores.
The kind of place kids go to to stock up on their school supplies.
I thought they are good enough to be standing beside Beats or Bose.

Why buy in the first place?
Good quality products, at very good prices.
Strong balance sheet. High cash, which I think they got it when they successfully sued Apple for copying their MP3 patent.
I think Apple paid them 500 mil.
Low liabilities.
Good PE ratio, below 10.
New Roar portable speakers that launched. I was impressed with the design and capabilities. I thought it could be a game changer for them.

Currently, I have not reduce the lot size yet.
I am not in a rush.
I want to wait awhile after the Christmas period.
They might generate a good profit then.

Mysteriously, the stock price has surged around 5% since last Friday.
No reported news, there should be some insider trading.
Either they know their latest financial results, or they know the status of the legal battle, or someone is simply playing some game to raise the price and offload even more (think Jesse Livermore).

I shall wait for a few more weeks or months to see what unfolds.

Stocks - First REIT (did not buy)

Never bought a REIT before, looking to add one to my portfolio.

I like its website, clean and neat.

I like its idea. Hospitals, and nursing homes. The world will have many long life old people soon.

Heavily invested in Indonesia. Great because I want to ride on the most powerful thriving SEA country. Around 10 facilities there.

3 facilities in Singapore. 

1 facility in South Korea.

PE ratio is around 8.

Revenue doing well in 4Q, but, net income suffered.

So you will see the PE ratio increasing in the next reporting, as EPS dips.

This is my favorite REIT, and I may monitor it.

Dividend yield of around 5%.

The other REIT catering to hospital and nursing home is AIMS REIT, I think. 

But their focus is on Japan, which in my view, does not have a great potential to boom more than Indonesia.

Stocks - Lian Beng (did not buy)

Similar to Chip Eng Seng. I want to ride on the '6.9 million population by 2020' construction trend, I don't need 2 companies that are similar.
Similar to Lantro, they also have an ugly website.
Their management have many links to the government.
The CEO has a meaty nose. Chinese people think that it stands for prosperity, think Jackie Chan.
Their PE ratio is only 3.
Their financial statistics are like steps. All increasing.

But one major thing is that they are quite stingy with dividends. Around 1-2%.

I am starting to buy shares that pay good dividends, as I am aiming to be financial free.

Assuming dividend yield of 4%, 

200k, I have close to 1k per mth.

100k, I have close to 500 per mth.

50k, I have around 250 per mth.

It feels good to be paid not doing anything. Make your money work for you.

They have healthy balance sheet, quite a lot of cash.

Stocks - Welcome Lantro Vision

Added Lantro Vision to my portfolio today.
I am quite bullish about the market.
I feel it is in the middle between low confidence and over-confidence.
I do not have much cash left, which is not ideal.
My theory is that I should hold 50% cash of what I have in shares.
Why?
So that when the stock market crash, I can use the money to buy cheap stocks.
It is to keep me unworried about market crash, and know what to do then.
I am likely to have a decent bonus next year in February.
So the bonus will be used for me to increase my cash.

Lantro Vision (bought)
Ok PE ratio of around 11%.
Very good balance sheet. Their cash is 30 mil. Their current liabilities is 32 mil.
Total Liabilities is very low.
They do networking, and cloud computing, etc.
I can imagine them being part of the development of many SEA countries.
I can also use them to ride on the data center hype.
Their website looks ugly and cheap. Reminds me of what Peter Lynch said. He is impressed with companies that are thrifty. He mentioned about one company last time when he met the CEO, the CEO does not waste any paper, and uses back unwanted paper to write notes.
They pay decent dividends, at 0.05, and their current price is 0.55. Around 5% dividend yield.
Their 4Q 2014 result is also good. Increase in revenue, and even better increase in net income.

Lets talk technical analysis.

I also feel it is a right time to enter.
Upward long term trend.
Hit the support zone around 3 times recently.
The last hit, there is a bullish pin bar present.

742 - start time

Since I am only looking at Daily charts at the moment, I need to know an answer to an important question.
What time in Singapore does a new Daily candle pop up?
I could have earned more from yesterday's trade if I traded earlier.

At the moment, it is 7pm in Singapore, and it shows 19:00 on the chart.
A new Daily candle starts at 00:00, which is 12 am in Singapore.

hmm... you mean charts in Singapore look different compared to charts in US??

742 - Aftermath of yesterday

Sad that I am not able to place 2 lots.
But I have to come back slowly, sticking to the principles.
Or philosophy, which Van Gaal always says.
It is still a long way back.
But hopefully, I can revive this account back to previous levels.

About what is different from last time, is the additional step of looking at the bigger trend.
Below are the steps.
The first step save me from spending too much time looking at currencies everyday.

1. Price Action
2. Support/Resistance level
3. Long term trend

Good day!

519 - enter the dragon

Sad I do not have enough money for 2 lots.
But this trade is ideal.
Upward long term trend.
Recently retraced to support zone.
Then there was an outstanding price action.
A bullish pin with long tail.

As I only have one lot, I have no choice but to sell at the next resistance zone.
Hopefully the price retrace again for me to enter again.

Stocks- Chip Eng Seng

I am still monitoring Forex.
Just that this time, I also pay attention to the overall trend.
I use Daily candles.
Cause the platform I am using, only for Dailies then I can zoom out to see the trend.

I have no holidays, and a little bonus.
So I am currently studying shares now.
It is great that I learnt more.
I recently bought Chip Eng Seng. Why?

Construction and building company.
Singapore's infrastructure is constantly upgrading, the company is one of the major civil engineers.
Singapore's target of 6.9 million people on 2020.
The company constructs many BTOs (New flats for new couples).
There had been many Share Buy backs, stocking up on their treasury shares.
The PE ratio is low, around 7.
The attractive part is that Sep financial report is superb, around double the net profit of the same time last year.
Another thing, they pay decent dividends. Around 4.5%.

Currently, I am also learning about web development.
Got many inspirations. From my army friend, and my secondary school friend.
It seems good to have a purpose even when I am home.
The feeling of spending time on something and knowing it can improve my knowledge and my skill.
It is also relevant to my work, as I broaden my knowledge about programming.

Overall, things are good~

519 - potential

 Long term up trend

 Mid term, resistance level

If short term there is a bullish signal, can consider entering.

519 - keep calm, and let thoughts flow in

Was thinking of entering long on this yesterday.
Anyway I have been talking about this pair quite lately.
Nowadays, I am thinking about trend trading.
Like what Kathy Lien said, it is one of the style which most hedge fund managers use.
Maybe I can combine price actions and trend trading.
Below is a picture.

So I realized I can be a contrarian, and also a trend trader.
For example, the overall trend is bullish.
I enter when it rebounces off a resistance zone.

Above : Same pair, just a bigger picture.

Maybe my new strategy:

1. See the long term trend
2. wait for it to retrace to a support or resistance zone
3. use price action to decide if the trend will continue strongly again, or is it coming to a u-turn.

519 - still going gd

Did not enter the trade as mentioned in one of the old post.
Today it seems gd.