Thursday, November 25, 2010

FTSE 100 (^FTSE)

(FTSE 100 ) 5,705.93  Up 48.83 (0.86%)

http://www.telegraph.co.uk/finance/markets/3414837/FTSE-100-rises-as-Chinas-economic-stimulus-package-buoys-markets.html



http://www.forecast-chart.com/what-ftse-100.html



Wednesday, November 24, 2010

Terms Of A Warrant

Its written as SaizenREIT W120602 :
W means warrant
120602 is the date

SAIZEN REIT W120602



Last Date/ Time to submit Subscription Notice 2 JUN 2012 05:00 PM
Listing Date 5 JUN 2009
Expiry Date 2 JUN 2012
Outstanding Balance 493,430,362
Price ($) as at 2010-04-01 0.075
High for the year ($) 0.095
Low for the year ($) 0.065
High for the month ($) 0.075
Low for the month ($) 0.070
Exercise Price SGD 0.09000
Underlying Stock SAIZEN REAL ESTATE INV TRUST
Underlying Stock Price ($) as at1 2010-04-01 0.165
Conversion Ratio 1 share(s) : 1 warrant(s)


I realized that it may be a good way to leverage as I will have a fixed deposit maturing in a years time . Also it will be a safe move as if the company will to foreclose, only the price of the warrant rather than the foreclose price will be lost

Disadvantages will be we need to exercise the stock before execution date and not entitled to dividends.





Golden Agriculture Warrant Analysis On when To Buy Or Sell



I bought 10 lots at 16 cents yesterday(24/11/10) . Adding the 10 lots I bought at 17.5 cents (23/11/10)
Thus , I have an average of 16.75 cents for the 20 lots. The current price  (18.5 cents.

The last peak was 23 cents at 11/11/2010
A resistance that hits 21.5 cents on 9/11 and 12/11 is point to look out for if that breaks may form a new resistance at 23 cents

I queued to sell 10 lots at 22 cents.



Dow Strengthening Due To Decrease In Job Claims

http://finance.yahoo.com/news/Stock-open-higher-on-drop-in-apf-1925768168.html?x=0

Tuesday, November 23, 2010

Update on first reits liquidity strength

If we are talking on liquidity strength
This is a strong company with
current assets > current liability

27 % excess


As at 30 Sep 2010
As at 31 Dec 2009
Non-current
346,077
340,910
Current assets
13,213
13,742
Total assets
359,290
354,652
Non-current
78,835
73,380
Current liability
10,333
10,245
Total liabilty
89,168
83,625
Unitholders’ Funds
270,122
271,027
NAV/unit
97.77¢
98.39¢

Dow weakening

At 1:49: 11,031.07  Down 147.51 (1.32%) 
tomorrow Singapore market will drop again

STI weakening

This may be a good time to buy stocks below NAV
Aimams, ASTI, Saizhen, First Reits


A good downtrend stock to look for will be golden agri

its next support will be at 66.5 cents
If it breaks will be at 65 cents

NAV at 60 cents ....stock price 65 cents a mere 8% above if it hits that level. will stay vested if it reaches there .