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(09-12-2014, 11:11 AM)Temperament Wrote: Ha! Ha!
It seems there is something like Durian "Pow Chiat" in Stocks. Really? Then i will put all my money in this "Pow Chiat Durian Stock". i will shout like Bug Bunny, "i'm Rich! i'm Rich!". To tell the truth i always dream about it. Ha! Ha!
Investing is easy but it's really a battle. Not with anyone or anything but yourself. No?
T, putting all the money on this one is probably NOT going to make you rich, but is very likely that you will NOT lose money if you can hold it long enough. That is a very BIG difference. Rule number 1: never lose money; Rule number 2: never forget rule number 1. I think you know this more than us.
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09-12-2014, 11:55 AM
(This post was last modified: 09-12-2014, 12:02 PM by Harvest Time.)
ES product does not work
ETF does not work
Lunch time super low volume
The situation here is very different from US/Euro.
We are probably too early to implement products and no lunch break
The ground is not ready.
He is trying to boast revenue from derivatives, futures and bonds.
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09-12-2014, 11:56 AM
(This post was last modified: 09-12-2014, 12:00 PM by Temperament.)
(09-12-2014, 11:37 AM)Ben Wrote: (09-12-2014, 11:11 AM)Temperament Wrote: Ha! Ha!
It seems there is something like Durian "Pow Chiat" in Stocks. Really? Then i will put all my money in this "Pow Chiat Durian Stock". i will shout like Bug Bunny, "i'm Rich! i'm Rich!". To tell the truth i always dream about it. Ha! Ha!
Investing is easy but it's really a battle. Not with anyone or anything but yourself. No?
T, putting all the money on this one is probably NOT going to make you rich, but is very likely that you will NOT lose money if you can hold it long enough. That is a very BIG difference. Rule number 1: never lose money; Rule number 2: never forget rule number 1. I think you know this more than us. Agree.
In fact i think it can make you rich if your absolute return on this one is 50%* $Xxxxxxxx.... not to mention possible * 1 or 2 baggers. In fact when i started to invest in this one from IPO times till now don't know how many cycles already? If i have bought and have never sold, i may be much more richer by now lol. Maybe not. My maths is poor lah.
(Vested a bit only).
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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The lower of bid size for below 20 cents is good as 1 bid different will be lower in term of %
For example 10 cents to 10.5 cents is 5 % different.
10 cents to 10.1 cents is 1 %.
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Anyone has Citi Bank Securities Acct?
Please pm (private messages) me. Thanks.
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SGX unaware of reason for 'unusual' trading in own shares.
SINGAPORE - Singapore Exchange Ltd had to take the rare step on Tuesday of issuing an announcement about unusual trading activity in its own shares.
The bourse noted that more than 8 million of its shares had changed hands during the day, more than four times the 200-day daily average of 1.5 million. Its share price climbed 3.4 percent to close at S$7.60, its highest since August 2013. "The company is not aware of any information not previously announced concerning the company, its subsidiaries or associated companies which, if known, might explain the unusual trading activity," it said in a statement.
The exchange's equity business is under pressure due to falling volumes and technical problems.
Last Wednesday a software error led to the exchange delaying the start of stock trading by three and a half hours, prompting criticism from the Monetary Authority of Singapore.
http://business.asiaone.com/news/singapo...xtor=CS1-2
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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Its a switching of funds out of burst bubble O&G into another growing bubble - banks (now spread to SGX), telcos and transporations (likely excluding shipping)...
(09-12-2014, 10:20 PM)cfa Wrote: SGX unaware of reason for 'unusual' trading in own shares.
SINGAPORE - Singapore Exchange Ltd had to take the rare step on Tuesday of issuing an announcement about unusual trading activity in its own shares.
The bourse noted that more than 8 million of its shares had changed hands during the day, more than four times the 200-day daily average of 1.5 million. Its share price climbed 3.4 percent to close at S$7.60, its highest since August 2013. "The company is not aware of any information not previously announced concerning the company, its subsidiaries or associated companies which, if known, might explain the unusual trading activity," it said in a statement.
The exchange's equity business is under pressure due to falling volumes and technical problems.
Last Wednesday a software error led to the exchange delaying the start of stock trading by three and a half hours, prompting criticism from the Monetary Authority of Singapore.
http://business.asiaone.com/news/singapo...xtor=CS1-2
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Cross trading seems a market trend...
Taiwan bourse to start cross trading with Singapore next year
TAIPEI (Dec 10): The Taiwan Stock Exchange will begin cross-trading with the Singapore and the Tokyo stock exchanges next year, the bourse's president said on Wednesday, in a bid to bolster its position after the launch of the Shanghai-Hong Kong trading link.
The Taiwan Stock Exchange (TWSE) and the Singapore Exchange (SGX) ( Financial Dashboard) will be ready to allow their investors to trade stocks on both bourses in July 2015, TWSE president Michael Lin told Reuters.
The TWSE is also in active talks with the Tokyo Stock Exchange and expects to reach agreement next year to have their investors buy and sell exchange traded funds (ETFs) on both markets, Lin said.
"The Shanghai-Hong Kong Stock Connect has been a huge success, prompting us and most Asian bourses to seriously think about the importance of cross trading," the president said.
...
http://www.theedgemarkets.com/sg/article...-next-year
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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The company share price hike seems triggered by a recent report from GS.
(vested)
Quote:Goldman Sachs on Monday [,8 Dec 2014] raised its 12-month target price for the stock to S$9.50 from S$8.80 after November's volumes rose more than expected. The broker maintained its "buy" call on the stock, which is on Goldman Sachs' "conviction list".
The target price is 25 times Goldman Sachs' estimated earnings per share of 38 Singapore cents for calendar year 2015.
"We continue to believe that SGX earnings have inflected (ie positive growth versus last four periods' negative reported growth on a year-on-year basis), and simultaneously firing of both cylinders - cash equity, derivatives - would result in solid, sustained earnings growth over the next two years," Goldman Sachs wrote in a report.
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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A 24 hour trading platform for derivative market, by end of 2016?
SGX to upgrade derivatives trading and clearing platform
SINGAPORE (Dec 29): The Singapore Exchange is upgrading its derivatives trading and clearing platform to support growth in its derivatives business.
The upgraded platform, called SGX Titan, is designed to increase efficiency and lower trading and clearing expenses for investors and will ensure "continued agility and innovation" in terms of new products and services offered by SGX, the bourse operator said in a statement.
Based on Nasdaq technology, the new system will be rolled out around the end of 2016.
Industry standard access protocols, extensive self-help functionality and improved straight-through processing will be the key benefits of the upgraded infrastructure, SGX said.
SGX will extend its engagement with Nasdaq for another six years to support and maintain the systems in its securities and derivatives markets.
"SGX already offers the longest trading hours of any Asian exchange, and SGX Titan will strengthen its risk controls and system safeguards to help market participants manage their trading and clearing positions on a 24-hour basis," SGX said.
The upgrade follows several technical glitches this year that forced trading to be halted for hours on separate occasions in both the local derivatives and securities markets.
http://www.theedgemarkets.com/sg/article...g-platform
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