Foreword
i have blogged literally every week for a full year, and documented a year's worth of action, forming the basis of precious lessons learnt that i hope can benefit others.
Learning from these experiences, was that there is really no need to constantly take action when there is no set-up... because i remember some instances where there were zero worthy set-ups but because i was trying to score the next big counter, i entered less-than optimal positions losing precious money. Since i have no transactions this week i will just do an overall review.
however, do take this opportunity to spot counters and make your trade plans because once the volumes return, prices will move swiftly...
Learning from these experiences, was that there is really no need to constantly take action when there is no set-up... because i remember some instances where there were zero worthy set-ups but because i was trying to score the next big counter, i entered less-than optimal positions losing precious money. Since i have no transactions this week i will just do an overall review.
however, do take this opportunity to spot counters and make your trade plans because once the volumes return, prices will move swiftly...
Counters
AEM. for CAPITAL GAINS. used TA to make an entry/exit and also looked into FA (such as the business quality and the forward earnings) when choosing amongst the different electronics/semicond counters. was fortunate to have entered on the pull back and quickly make cap gain! (see my initial post on why and how i enter).
currently price is consolidating.... will hold onto this counter and add onto it if it hits my scale-up criteria ( here and there).
Global Inv. for INCOME. bought this counter to replace the the income counters that was divested over this year, the reasons were documented (here). what has changed is that the projected dpu is 1.2c... down from the 1.5c quite significant if you ask me, but seems like the right way forward because it has been giving out unsustainably. actually i was looking to exit this counter, but i think with a more sustainable dividend policy, there will be better days ahead. the bad points though is that the company is not very transparent on its holdings, and also if they are buying a basket of stocks... what gives global inv its edge? but anyway it is giving out dividends again in Mar, and that is about 3 to 4 months to go. leading up to the CD i guess will see the price surge up, hopefully higher than now....
currently price is consolidating
Golden Agri Res. for cap gains. holding onto a small position as my earlier scale-up was proven wrong. actually i am looking to divest from this counter also. as it has been range trading for the greater part of 2017, when many counters were having a bullish rally... though you can see the bottoms getting higher and higher...
currently price consolidating too
Mapletree Greater China Commercial Trust. for income. entry was when it was a "falling knife" period, i recalled i took a bite off this counter when it was heading down and held onto it for sometime before i entered profitability.... so far i have scaled up 3x on this counter and received a number of distribution... i will keep on going at this counter....!
currently the counter is up trending... slowly, but surely... a possible set-up spotted.
Starhub. for income . reversal play from a TA perspective, while i did some logical deduction which was not exactly FA ( see here). looking back, i might have been too eager on the fear of missing out (FOMO), but luckily due to nice position sizing i am not really afraid.... my entry would have been better if i entered around the last week because of the nice support base form. but anyway starhub looks holdable... lately they also had a few corp action that i felt was a show of management adapting to today's challenges. i am pretty excited of starhub and i hope it can form one of my core holdings eventually...
currently, it is consolidating and bullish, when better volumes resume, will expect higher prices.
Suntec REIT. for Income. i bought it due to it being uptrending, and for it to replace some of my income counters that i have divested from. lately price has broken out of the range bound trade and when up quite a bit before re-tracing... i am suspecting a corp action to take place.. thats why even when the DPU reduced price was supported and climbed. i suspecting for the next week or so, price will consolidate.. but if it dropped aggressively further down i could liquidate to divert to another counter.
conclusion
anyway cheers to all! Merry Christmas and a happy New Year! take this time to relax,recharge and then hunt for new counters!
currently price is consolidating.... will hold onto this counter and add onto it if it hits my scale-up criteria ( here and there).
Global Inv. for INCOME. bought this counter to replace the the income counters that was divested over this year, the reasons were documented (here). what has changed is that the projected dpu is 1.2c... down from the 1.5c quite significant if you ask me, but seems like the right way forward because it has been giving out unsustainably. actually i was looking to exit this counter, but i think with a more sustainable dividend policy, there will be better days ahead. the bad points though is that the company is not very transparent on its holdings, and also if they are buying a basket of stocks... what gives global inv its edge? but anyway it is giving out dividends again in Mar, and that is about 3 to 4 months to go. leading up to the CD i guess will see the price surge up, hopefully higher than now....
currently price is consolidating
Golden Agri Res. for cap gains. holding onto a small position as my earlier scale-up was proven wrong. actually i am looking to divest from this counter also. as it has been range trading for the greater part of 2017, when many counters were having a bullish rally... though you can see the bottoms getting higher and higher...
currently price consolidating too
Mapletree Greater China Commercial Trust. for income. entry was when it was a "falling knife" period, i recalled i took a bite off this counter when it was heading down and held onto it for sometime before i entered profitability.... so far i have scaled up 3x on this counter and received a number of distribution... i will keep on going at this counter....!
currently the counter is up trending... slowly, but surely... a possible set-up spotted.
Starhub. for income . reversal play from a TA perspective, while i did some logical deduction which was not exactly FA ( see here). looking back, i might have been too eager on the fear of missing out (FOMO), but luckily due to nice position sizing i am not really afraid.... my entry would have been better if i entered around the last week because of the nice support base form. but anyway starhub looks holdable... lately they also had a few corp action that i felt was a show of management adapting to today's challenges. i am pretty excited of starhub and i hope it can form one of my core holdings eventually...
currently, it is consolidating and bullish, when better volumes resume, will expect higher prices.
Suntec REIT. for Income. i bought it due to it being uptrending, and for it to replace some of my income counters that i have divested from. lately price has broken out of the range bound trade and when up quite a bit before re-tracing... i am suspecting a corp action to take place.. thats why even when the DPU reduced price was supported and climbed. i suspecting for the next week or so, price will consolidate.. but if it dropped aggressively further down i could liquidate to divert to another counter.
conclusion
anyway cheers to all! Merry Christmas and a happy New Year! take this time to relax,recharge and then hunt for new counters!
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