21 January 2012

A short story about Time

I read from a newspaper that there was a movie regarding the time as a money unit that can be utilized. The rich guys always have plenty of time to use while the poors don't have enough time to spend.

In that world, you have to exchange the money to time so that your life can be extended. Without money, you can't use that to live longer. So the poors always die earlier as they don't have enough money to exchange for time.

My personal view on that is most of the poor guys don't really utilize their time fully, as they focus more on entertainment after working for 8 hours later. One of my friends who is a very rich person shared with me that, he can become a rich guy because he knows how to utilize the money well.

From here, I realized that to become a rich guy or at least achieve the financial freedom, you have to master on the skills of utilizing your money well. The more advanced skill / knowledge you have, the more fortune that you can accumulate. And this is not only about investment on the Tangible Asset, but also the intangible asset as well.



18 January 2012

Impact on Listed SIPs exercise by MAS

Yesterday we just went to a briefing conducted by our business partner with regards to the Listed Special Investment Products (SIP). The main points are listed as below:

1. With effect from 1 January 2012, Trading Representative is required to pass Module 6A (which replaces Module 7). For those existing TR, they are given grace period until June 2013 to pass the Module 6A.

2. Paid Advice is introduced to the clients who wishes to get the advice from TRs. A proposed 500 dollar would be charged upfront for an interview with clients to better understand their risk and return as well as investment time horizon and unique requirement on the investment.

3. Clients who wish to trade listed SIPs must fulfil the requirement set by MAS:
             - obtain diploma or above of business/finance/accountancy related course
             - obtain certification such as ACCA, CFA, ChFC, CFP
             - have at least 3 consecutive year of experience in finance / investment industry
             - have at least 6 transaction for the past 3 years
             - pass the online quiz (18 out of 20) posted by MAS

We can foresee that more clients will be brought up the awareness where the higher possible risk products consists of higher risk. They should seek advice from the experts before they can start trading in those listed SIPs. Of course, we cannot guarantee that performance of listed SIPs will be definitelybetter than local shares, however, we should understand the underlying risks involved before we start investing in this products.

Singapore Stock Market Summary - 18 January 2012

STI                   2,795.4         -20.45 points
Volume:           1,239.3M
Amount:           $1,451.6M

Today STI dropped to 2,795.40. The volume and amount of daily trading activity is 1,239.3M and $1,451.6M. The top volume, top gainer and top loser is shown as below:




TOP VOLUME / K
TOP GAINER / + %
TOP LOSER / - %
1
Noble Grp / 110,602 Sunlight / +33.3 Lereno / -50.000
2
Genting SGP / 94,302 Friven / +30.0 SUNMOON / -50.0
3
GMG / 66,090 Elektromotive / +25.0 ChinaTitan / -25.0
4
Golden Agr / 52,487 AlliedTech / +24.2 Infinio / -20.0
5
SeeHS / 34,268 ChinaJishan / +22.4Latitude / -18.4
6
Rowsley / 32,813JEL Corp / +20.0CPH / -12.5
7
SingTel / 28,688PNE Micron / +18.6LifeBrandz / -12.5
8
Artivision / 28,468Carrier Net / +16.7NH Ceram / -12.5
9
IEV/ 27,143Junma Tyre / +16.7TopGlobal / -12.5
10
Yang Zi Jiang / 25,370Ntegrator / +15.4Innovalu / -11.3

16 January 2012

SG Market Summary - 17 January 2012

STI                   2815.85          +59.36 points
Volume:           1340.3M
Amount:           $1435.5M

Today STI rose to 1,815.85. The volume and amount of daily trading activity is 1,340.3M and $1,435.5M. The top volume, top gainer and top loser is shown as below:



TOP VOLUME / K
TOP GAINER / + %
TOP LOSER / - %
1
Noble Grp / 142,666
SUNMOON / 100
Elektromotive / -20.000
2
Genting SP / 110,801
Compact / +66.667
St James / -18.750
3
GMG / 74,326
CPH / +33.333
Luzhou / -18.699
4
GoldenAgr / 69,680
Kingboard / +27.517
Casa / -14.286
5
IEV / 68,803
LHT / +24.691Sunlight / -14.286
6
Yangzijiang / 36,903China HC / +22.500NatCool / -13.043
7
MIDAS / 29,110PCI / +21.622Mirach Ener / -12.174
8
SingTel / 28,171Frencken / +18.182AP Strat / -12.000
9
HPH Trust US$ / 23,949Giken / +16.667ChinaKangda / -11.765
10
Genting HK US$ / 23,619Chosen / +16.071DTAC 200US$ / -10.044

09 January 2012

Some stocks that Under the watching list

After a few more rounds of looking through over Singapore Listed Shares, below are the stocks that under my watching lists:
  • Hiap Seng
  • Ho Bee
  • Hotung
  • Hourglass
  • Hupsteel
  • Hyflux
  • IndoAgri
  • Isetan Singapore
  • Jadason
  • Jardine C&C
  • KSH
  • Kepland
  • M1
  • Mewah
  • OKP
  • OUE Ltd
  • Luye Pharma
  • Midas
  • Mencast
  • Mewah
  • Noble
  • PAC Andes Resources
  • Riverstone
  • Sembcorp Industries
  • Sim Lian
  • Sino Grandness
  • Sinarmas Land
  • Sing Investment
  • Soup Restaurant
  • Yong Nam
  • Yang Zi Jiang
  • Vicom
  • United Overseas Australia
  • UE
  • TyeSoon
 I shall share with you one by one through next few days.
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