Haiyo JD ar

Sold all my JD.com shares.
The reuters report about the rape incident sounds convincing.

The boss was in the car with drunk student.
His PA was in the front seat.
PA the boss to stop caressing the student, but the boss told her to not bother.
The car was driven to the house of the victim.
Boss spent 4 hours there, to satisfy himself.

If that was really true, then the stock is meaningless.
It is also a good time to free up some funds, and buy other ailing companies.
Like Facebook, many others.
My interest to enter other stocks are much stronger than showing faith in that stock.
Zuckerberg is also facing some problems.
He and his company engaged some companies to tarnish the name of others.
But I still love and use his products, rape is a totally different level.

Very greedy now, more Nvidia

I am feeling very greedy now.
Nvidia just crashed to US$152 per share, and I doubled my holdings.
There were concerns about cryptocurrency crashing, and demand for graphics card will dip.
But I made the decision based mainly on its PE.
TTM PE is around 20.
I am buying for the future, as machine learning will grow even more in future.
And graphics card is needed to power it.
The previous time I bought Nvidia was at US$230.
So I have averaged down the share price to around US$191.
My only concern is AMD.
They have a new CEO that seems to be doing a good job.
She is Lisa Su, and she is challenging Intel and Nvidia for processor and graphics card.
I might buy some AMD when it is close to US$15 per share.
But I think the demand for graphics card is good enough for 2 major competitors.
Currently AMD is not making profit, but their sales is very impressive.
Sales is around US$4, which is one quarter of their share price.

At this time of my aggressive buying, I need to balance if the market crashes.
It is still not in a crisis yet, but I only have enough fund in my Ameritrade to buy 2 more shares.
My bank account still have enough to buy around 6 lots of my Singapore shares.
But note that my 1 purchase value of Singapore share is around 3 times of my US share.
Taking into consideration I will have additional funds from my year end 13th mth bonus.
I should be doing ok in terms of keeping bullets.
And also recessions last for 6 mths to 1.5 years, so during that time I can accumulate more cash.
I also have the option of selling my precious metals to fund, but only in the event that silver price goes up during the crisis.
I also have the option of borrowing money from bank, as the current job I am in seems quite stable.

So I will be greedy while others are fearful, but keeping an eye on my warchest if crisis really hits.

Welcome Zillow!

Zillow crashed, so I went to find out more about the company.
I always like their website.
Always very interested in looking at real estates in USA.
US have a lot land, and seeing the prices are affordable compared to Singapore.
USA population is growing, and China population is stagnating.
Even though China is a rising dragon, I also feel USA have a bright future.
They have freedom and their citizens can buy big houses.
When they have a good life, they will want children.
I believe that properties in US will be hot in future, and foreigners have easy access to it.

If property is like gold rush of the future, then Zillow may be the spade seller.
Recently they are expanding into the business of buying houses and re-selling it after they market and renovate it. They are even offering loans after the buyer purchase.
Their data is the advantage, using it to predict which properties are good value, and can be sold for better profit.

I watched videos of their CEO and also like him.
He is focus on giving a better service to their users, rather than thinking about how to gain a profit from them.
So I liked what I purchased, and will have a more enjoyable time when I surf their website moving forward.

More BABA

Bought another portion of Ali Baba shares.
Was afraid the price will be too ex after 11.11.
But lucky it was ok, bought another 5 @ $146.
In fact it is sliding to $143 10 mins after I bought.
But it is ok, will be prudent too and buy more when shares dip to the next support (around $120).
The previous and first time I bought was around $170, the previous support zone.

Like the idea that they are quite focused on cloud computing.
Don't think Tencent is doing it.
If Alibaba is dominant in cloud computing, China is a big market for them to milk.

Currently I have JD, Baidu, Tencent and Alibaba.
Together they add up to USD$5k, which was my target for China shares.