The Feeling Inside Me...

====In the Market Today====
As mention in my previous posting on the importance of Sector In Play! Today we get to see how powerful it is with all the constructions, commodities and marine sector surging up significantly.

Argh... I am 100 vested cannot do anything even when I saw a buy signal in Ferderal yesterday. It have move in the direction I anticipated... Still got more room to moved up... and thoughts of contra filled my mind now...

haiz... Main issue now is that there will be having a fed meeting tomorrow and it is a gamble that the fed reserve will cut rates... and the other towering issue is the unrealistic balloon floating over the Hong Kong Island...

Risk: Extreme High esp when I do not have any credits to pay off.. better keep my fingers off the button...

Problems Young Investors faced:
- Limited Capital
- Fear & lack of confidence...

News Flash

====Property Curbs====
In an attempt to cool things down, our government have step in to intervene hot property market, making the current deferment scheme more rigid for home buyers. The reason behind it is to make the homes more affordable the locals??? Hmm, I wonder how...

Nevertheless, this has brought a deep impact on our property players in Singapore where we saw most of them topping the top 30 losers today. I think this sector will sleep through the winter till next year.

With the government's target to achieve a 6.5 million, it will definately be back in play next year.

====Labory Being Taken Over====
News of this lucrative Marine and Oil Company being taken over by Dubai Drydocks has sparken up the prices in Labory. Hmm but analyst see the offering price too low????

Hmm, so far counters that speculations beign take over all cheong(Ezion by Ezra, Chartered Semiconductors by Temasek Holdings)

====CNA DMG Analyst Report====
Aztech got hugh contracts for its ADSL modem in Northern America and expects to clinch onto a futher 2 billion worth of contracts. As of now, factory are 100% operated.

12 Month Target Price: 0.51 (Oh My God!!!!)

Papa Bear Knock out!

====Market Talk====
STI has gap up and close at 3771.55, just nicely above 3750 short term resistance. This largely due to the positive closing of DJI in their last two trading session. Tonight Technology Giant Microsoft will be reporting its earnings, its' new product Microsoft Vista Earnings will definitely boost up DJI. Thus, I believe that Papa Bear has been knock out already and the bull regime will assumes with the earnings season ahead.

Review on the week actions: Marine stocks, Commodities, Contructions take turns to soar...

===My Regrets===
Loading up ChinaEnergy during the bearish tone is my biggest regret... All along, I have known and been told that Commodities, Constructions, Marine & Oil were the sectors in play and what I have brought doesn't belong to any of the sector mentions... That's very Dumb of me As I did not applied what I learnt from Master Dec/Mentor Neo which focusing on the sector in play and buy relevent stocks.( Need to slapped myself for that)

What all I can do it to wait for ChinaEnergy to be appreciated....

===Hopes and Wishes===
- First ,to offload Longcheer when opportunities comes!
- Hope that my counters can get into the green zone soon.

===Plans Ahead===
Thereafter I will revamp my portfolio carefully as spreading my little capital over so many counters(over-diversified) does not bring in profits effectively.... Will reduce my counters...

"You do not need many counters to bring in small profits, you just need one or two to bring in big profits"

Will definately also focus on Risk Management too as my capital is small.

Investing in myself by reading up more books in the after exams!

====Extras! Extras! Interesting Counters===
ASL Marine, LaboryMarine, Jaya Holdings all trading near resistance, high possibilites to break out!
Olam Rebounding Up from Moving Averages.
Noble Group assuming uptrend.
Midas possible break out from Moving Averages.
Golden Agriculture Testing Resistance. PineAgriculture at support level.

Aztech...

====Aztech, A Prospective Counter that Sunk...====
The images below are excerpts from SIAS research in july. The report(figures and future prospects) is pretty impressive and has attracted me to buy.

Other driving factors: Provider for Singtel Mio and Skape phone.

Summary:

• 1st half 2007 Net Profit up 25.2% compare to 1st half 2006. Deducting the one-time exceptional gain in 2006. It up by 45.4%!!! Impressive results!


• Financial Position is stronger than 2006(see images for figures) indicates a good and stable growth.


• P/E ratio stand at 13.8, which is the second lowest among its peers. Industrial Average P/E is 18.1. Lowest P/E stands at 11.5, Highest P/E stands at 25.2.


• SIAS give a TP of 0.87!!! I brought at 0.575, if hit target will give me a yield of more than 50%!!!

====Q3 Results====
The 3Q results is totally not fanastic.

• Revenue rose 13.6% to S$185.13 million when compared to 2006


• Net profit increased only 3.1% to S$12.62 from 2006


• Quarter-on-quarter basis, the Group witnessed a 8.9% increase in turnover to S$67.50 million


• Quarter-on-quarter basis net profit declined 28.6% to S$3.59 million....

Credit Agricolor has sold off their holdings and brought a significant drops to its stock prices... The only comforting news is that the company and its' directors kept buying back shares which indicates that they are confidence in the future growth.

====Actions====
An Big Mistake Trusting Brokerage Research(A repeatation of LongCheer...)Keep this counter in my locker and take whatever dividends they give...

Time of Volatility

====Swinging Market====

Last Friday, DJI went down by 366.25 points to close at 13522.02. Whao the black monday effect is so great. The festive mood has also spread to STI on Monday 22/10/2007, where we have a gap down and another further decline to 3632.98 for the 1st hour before HSI comes to our support which helps us end the the day with only 35 points down.

Then came tuesday, DJI manage to close slightly higher last night and we get to enjoy some ride up the index with the support from HSI.

Last night, DJI manage to shoot up due to the strong earnings from Apple. This has boosted our index and STI manage to gap up today. However, HSI start to lose its strength and STI got its beatings as well, managing to close at 1645 near the 1650 support this support will not hold now...

More reports(beatings) to come in US:
MBA Purchase Applications (wk10/19 , 2007) Oct 24
Existing Home Sales (Sep , 2007) Oct 24
DJI - 168 as at 11.20pm

=====Actions====
As the saying goes"Volatilty is your friend" and I am out to buy on weakness during such times.

And I got to pick up China Energy yesterday. With the purchase, I am 100% vested again!
Chart below:




Today, it manage to gap up but has closed lower.... I can only hopes that weak holders are out of from the previous selling... and it can hold at ard 1.32....

Haiz a jinx again... failed to anticipated further decline due to US report.

Tomorrow Aztech report earnings.... due to market sentiments, positive results will not have any impact on the counter....

Portfolio status: Down 15%...