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| Tuesday, November 28, 2006 |
| November 28th 2006 |
After an excellent month of capital gains and dividends, I decided to buy two equities. ComfortDelgro and SingPost.
ComfortDelgro is a medium-to-long target shares. Will sell on two conditions. If stochastic shows overbought and the share is decreasing, I will reconsider status. Second, 3 days after an intersection between 12d and 26d MA, if it hits target of $1.64, will consider selling it.
Bought at $1.57
Target: $1.64
Singpost, decide to get the equity again due to its stability. STI index since to be unable to sustain the high and might lead to a downturn in December. It is advisable to keep to slow moving equities like SMRT, SingPost, ComfortDelgro
Bought at $1.06
Target at $1.17 by mid to end January |
posted by Nenix @ 9:29 PM   |
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| Friday, November 24, 2006 |
| Starhub 10th October 2006 (updated 24th November 2006) |
 As shown in the shaded ovals, I have picked out several lines of resistance/support. One line i took note is the line at $2.30. During this period from $2.16-$2.30, there is a high volume of buyers. $2.30 is a strong support line.
At the moment it has hit $2.20. It might stay at this price for a while but will pick up to $2.30 within this month. Doubt it will hit $2.42 as it is a weak support point.
Status: Bought at $2.20
Target: Sell at $2.30 (ideally before issue of dividends)
************************************Updated 8th November 2006*********************
 Might be the end of low cycle. However, now consolidating at $2.20. Consolidation at low volume might mean most people are waiting. Price might start to rise soon. Primary target still at $2.30.
One sign to note is that there isn't much activity as there is no huge indication of overbought and oversold recently.
Target: $2.30 or watever it is by 25th November
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*********************************November 23rd 2006********************************
Like i mentioned above, I should sett by 25th, which is tomorrow. But looking at the trends, it has been trading sideways for sometime. This might be a wrong judgement for short term. Anyways, its recovering soon, and i will use the stochastic as a basis on concentration of trade. Will monitor tomorrow to see if it hits its the 80%.
Status: Sell
Target: $2.20 or when stochastic hits peak
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***********************************November 24th 2006*****************************
Higher concentration of buyers pushed the price up to a peak of 2.30.
Lessons learnt: ALWAYS ride on the profits. Ride on profits, cut on loss
Status: Sold at $2.26
Missed the peak at $2.30. Sold at current price of $2.26 instead as $2.30 might be an overbought price.
Returns of 4.62% in 46 days. Not a brilliant investment return, but its alright
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| posted by Nenix @ 9:28 AM |
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| Thursday, November 23, 2006 |
| Dividends |
If you have been following the reccomendations, you would have 3 equities waiting for dividends. SMRT, Singapost, and soon to be, Starhub.
With the exception of Singpost, due to their special dividend of 10 cents per share (Need to confirm, examine and analyse further), others will be sold to earn capital returns. Plan to sell 1 week before ex-date and for SMRT, I'll most probably buy it when prices drop back to 1.1 to 1.12
Cheers :)
*******************************Updated 23rd November2006**********************
Glad things turned out the way I wanted. Received all dividends from SMRT, SingPost, and Starhub.
Starhub's prices started to recover after a hiccup and that's good news.
SMRT has gone back to its range of $1.09 - $1.10. Will sell only if at $1.14.
SingPost prices surged to $1.10. Shares are overbought because of good reviews from analyst. Sold at $1.07, hitting my target. Expect prices to fall to $1.02 to $1.04 before I reconsider to buy.
Dividends make up 85% of my returns this month. I have consistently hit my target for the past 2 months. This year has not been that good for me. Had some terrible misses. December will round up my returns.
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| posted by Nenix @ 4:03 PM |
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| Singpost (updated 23rd November 2006) |
 I bought this stock with the intention of gaining on short term capital gains. Despite knowing the fact that prices are slowly tumbling, I decided to go in at a price of $1.02, which is my estimated support line. Knowing that the price would go up to a range of $1.06 to $1.08, I should have sold it when it hits $1.06.
However, greed got the better of me, and now I'm still holding it with its price at $0.98. Looking at the decreasing Price Volume trend, things dont look optimistic at the moment for SingPost and i guess i would have to hold on for a few months. Personally, I think this is a safe stock despite showing primary downtrends. As a company, it is always trying to look at other alternatives of investment.
But, concentration of sellers is more predominant over concentration of buyers. I will reassess it at the end of October and see the reaction of these investors.
Status: Holding
Target: Initial target of $1.06
************************************Updated on 28th October 2006*******************
 Bad signs on Singpost. Will dispose once I hit target.
- Has a decreasing primary trend
- Decreasing secondary trend
- Short term observation shows bearish traits, as there is an increase in volume and decrease in price.
- PVT is decreasing gradually too.
- Stochastic is decreasing. Will hit oversold region soon
Status: Queue to buy at $0.975.
Target: $1.04 - $1.06, depending on the stochastic curve in the future.
Note: This stock seems to be "corroding". There are many signs that justify this.
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**************************Updated 23rd November 2006*****************************
 Sudden surge caused the stock to be overbought. Displaying a steadily decreasing price and PVT trend, it looks like it will not recover. However, the surge has caused it to change the trend. Is it a one off? Has the trend changed?
One thing to note is that the price trend is in accordance with its volume. This might just signify that it has turned around. Sold at $1.07. Will reconsider again once it hit 20% in the stochastic chart.
************************************************************************************Labels: SingPost |
| posted by Nenix @ 11:11 AM |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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