Wednesday, June 29, 2016

Noble Group Rights Issue - Expected Timetable of Key Events

Noble Group Rights Issue - Expected Timetable of Key Events

Noble Group - Rights issue should you subscribe?


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How To Set Stop Loss and Other Advanced Order types available in PhillipCFD

Learn to manage your risks of CFD trading with advanced order types on Phillip CFD

Here are some examples of how Phillip CFD can help a client maximize returns and minimize losses.
Advanced Order Types Provided:
  • Stop Limit Order
  • OCO Order (One Cancels Other)
  • Trailing Stop Order
  • If Done Order
  • Contingency Oder

Stop Limit Order

Definition: An order combining the features of stop order and limit order. Once the stop price is reached, the stop-limit order becomes a limit order to trade at the pre-determined limit price or better. However, there is no guarantee that the order will be filled in the event the price gaps through the limit price, the order will not be filled.
Usage: To enter a new position or exit an outstanding one when the price surpasses a particular point. Can also be used to take profit or cut down on losses upon reaching the stop price.

Execution: An example of a Buy Stop
Example of Buy Stop
The buy stop-limit order is triggered when the stop price hits $3.90. A limit order to buy the counter is a limit price at $3.95 will be submitted and will be executed when the market price hits $3.95.

An example of a Sell Stop (to cut losses)
Example of Sell Stop
The sell stop-limit order is triggered when the stop price hits $3.85. A limit order to sell the counter with a limit price of $3.80 is submitted and will be executed when the market price hits $3.80.

An example of an unfilled stop limit order due to price gapping through
Example of Unfilled Stop Limit
The buy stop-limit order is triggered when the stop price of $0.740 is hit. A limit order to buy the counter with a limit price of $0.750 is submitted. However, the market price of the counter gaps to above the limit price of $0.750, thus the order remains unfilled.


OCO (One Cancels Other)

Definition: An order stipulating that if one part of the order is executed, the other is automatically cancelled.
Usage: To set a limit order to take profit and a stop limit order to cut loss

Execution:
An example to illustrate profit taking with an OCO order
OCO 1

A limit order is set at $3.90 to take profit and a stop-limit order is set at $3.40 to cut any possible losses. The OCO is triggered when the limit order at $3.90 is executed, cancelling the stop-limit order to sell at $3.40, which might otherwise be triggered when the price of the counter drops to $3.40.

An example to show how OCO can be used to minimize losses
OCO 2

A client takes up a long position on Counter ABC at $1.12. He submits an OCO order consisting of a limit order to sell at a limit price of $1.14 and a stop-limit order to sell at a limit price of $1.06.

OCO 3

The market price of the counter starts to drop rapidly afterwards, and when the market price hits $1.06, this executes the stop-limit order, which in turn triggers the OCO to cancel the limit order with the limit price of $1.14.


Trailing Stop Order

Definition: An order with a stop price that is set at a percentage below or above
Usage: This order is commonly used as an automatic measure to protect gains and reduce losses on outstanding positions.

To Sell Off Long positions
The trailing step is set at a certain % below current market price. When the price moves up, the trailing step will move up correspondingly as well. If the price comes down, the trailing step will remain at previously indicated stop price. Once the current price is the same as the indicated stop price, the indicated limit price will be sent out to the market.

To Buy Back Short positions
The trailing step is set at a certain % above current market price. When the price moves down, the trailing step will move down correspondingly as well. If the price comes up, the trailing step will remain at previous indicated stop price. Once the current price is the same as the indicated stop price, the indicated limit price will be sent out to the market.

Execution:
An example of a trailing stop order used to protect gains
Trailing Stop Order 1

Client A takes up a long position on Counter A and buys at $0.60. He submits a trailing stop order of 10%, which puts the initial stop price at $0.54.

Trailing Stop Order 2

The market price increases to $0.74, and the new stop price is now 10% lower at $0.67.

Trailing Stop Order 3

The market price falls to $0.69 but the stop price remains at $0.67. As the market price is still higher than the stop price, the order is not triggered.

Trailing Stop Order 4

The market price increases yet again to $0.81, bringing up the stop price to $0.73.

Trailing Stop Order 5

The market price drops to $0.73, which is the stop price, and this triggers the trailing stop order. A limit order of $0.73 is automatically submitted to sell the counter.

Trailing Stop Order 6

With the trailing stop order, Client A’s gains from the counter have been automatically protected from fluctuations in the market, as indicated above.


If Done Order

Definition: An order that is not activated until the parent order is executed.
Usage: To execute orders that are structured of 2 more steps that must occur in a specified sequence. The parent order must be executed before the rest of the orders are executed.

Execution:
Example of an ‘If Done’ order used to perform sequential trades
If Done 1
If Done 2

A limit order to sell SIA at $14.90 is executed. This triggers the ‘If Done’ order to buy SPC at a limit price of $6.40.
The limit order that was submitted by the ‘If Done’ order is now executed to buy SPC at S$6.40.


Contingency Order

Definition: An order that is executed only when certain conditions of the security, or another security, have been fulfilled.
Usage: To enter a new position or exit an existing position when the stipulated security reaches the targeted price range.

Execution:
Examples of entering a new position with contingency orders
Contingency 1

A contingency order is set to sell NOL at $1.43 if the Bid Price of NOL equals to or is less than $1.43. The contingency order is triggered and a limit order is sent when NOL hits $1.43 and the order will be executed at $1.43 or better.

contingency 2

A contingency order is set to sell Singtel at $3.13 if the Bid Price of another security, StarHub, equals to or is less than $2.89. When this condition is fulfilled, a limit order to sell Singtel is sent and the order will be executed at $3.13 or better.


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Tuesday, June 28, 2016

Noble Group - Rights issue should you subscribe?

Rights issue 
an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.

Why is company raising the cash?

"Noble said the gross proceeds from the rights issue will be about $718.9 million, with net proceeds estimated at around $696.1 million.The net proceeds will be used for debt repayment, working capital and general corporate purposes."
"(June 16): Noble Group’s credit rating was cut by S&P Global Ratings for the second time in six months, citing its weakened liquidity position and higher funding costs despite recent efforts to raise cash."

in summary :Company need investors money to pay off some debts.

Why people will subscribe:
1) they believe that noble group one day will do a comeback like what Osim did. "if osim can, maybe Noble also can" 
2) the rights is very cheap!!!! (rights always cheap my friend, the cheaper it is the more worried i am)
3) Since already lose so much already might as well buy more if bounce up then.. hor seh liao.

The possibilities 

scenario 1: you manage to buy the rights, (in another words, average down) your total cost of purchase is lowered, if the price go back up. You break even, or make more money.

scenario 2: company cannot turn around and, interest rate up, cash run low again they will issue another rights?

What keeps me away for such a downtrend stock?
1) I trade stock on the uptrend
2) I only buy more shares if I am in profit.
Base on my rules of trading, of cause i will not subscribe the rights. I wouldn't be Long on noble in the first place when it is obviously downtrending.


Can a blogger bring down a billion dollar company? 

good read from FT.com "Today the market value of the company — which is listed in Singapore — has collapsed to $1.1bn, its chief executive has left, and Mr Elman, 76, has announced he will step down as executive chairman in the next 12 months. In February, it reported annual losses for the first time in more than 20 years after taking $1.2bn in writedowns and charges, largely related to the value of long-term contracts it has been accused of overstating by short sellers, hedge funds and a former employee turned financial blogger."
http://www.ft.com/cms/s/0/f5793f22-3247-11e6-bda0-04585c31b153.html#ixzz4CrWyYhTm
Do you think what Muddy water write makes more sense now? 

Following red candle to sell, you will avoid losses on the downtrend. period.

Since 2014 we have been covering Noble group. So far we have kept our reader "safe" by avoiding or shorting this stock.

Take a look at Noble group's bond. Will you buy a bond with more than 12% yield? 
When bond holders want to sell at a loss rather than holding it to maturity it probably means they are not very confident with the company.

Check out our previous post==>

Did Noble make money for you? (june 2015)
http://www.andy-yew.com/2015/06/did-noble-group-make-money-for-you.html

Can We trust Noble Group Trend? (23 Jan 2014) 

http://www.andy-yew.com/2014/01/can-we-trust-noble-group-trend.html


Why Noble Suddenly drop Today! Muddy Water (Thursday, April 9, 2015 $0.965 Short)


Noble Chart on Supertrend Turned Orange last night (23 July 2015 - $0.64)



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Monday, June 27, 2016

Brexit aftermath - 958FM interview with Andy Yew


Listen to the interview - http://bit.ly/28WCpuu
上周五英國公投決定脫里欧洲联盟,令全球股市投资人大感意外,投资人纷纷规避英国脱欧风险、拋售股票,道琼工业指数重挫610.32点(3.39%),报17,400.75点。这是美股道琼指数的史上第8大单日跌点记录,就跌幅来看,道琼与标准普尔500指数都跌3%,经历了去年8月以来表現最糟的一天。纳斯达克指数则大跌4.1%,是2011年8月以来最惨。

新加坡股市也遭抛售,上周五跌了58点。银行,地产,石油板块明显回落。我觉得暂时先避开这几个板块。之前在958有提过的是黄金类股,耐用消费品股票 consumer durable - 食品与烟酒板块。这两个板块依然表现强劲。星期五,美国收市时,烟草股,黄金股都表现强劲。


如果股市继续掉怎么办,我会一直卖股,直到空仓为止。或用cfd做卖空。手上的股票如果跌过10%,我会先出场,因为如果之后还想买回来,至少钱还在我的口袋。


Tuesday, June 21, 2016

Cityneon powered by the SuperHero?




Financial Summary:
For the fiscal year ended 31 December 2015, Cityneon Holdings Limited revenues increased 24% to SP$96.5M. Net income decreased 63% to SP$871K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by administrative increase from SP$2M to SP$20.3M (expense), Marketing and distribution costs increase of 39% to SP$1.2M (expense).

Business Summary
Cityneon Holdings Limited is an investment holding company. The Company operates in five business segments: Experiential Environment, Interior architecture, Exhibitions, Events and Intellectual Property Rights (IP). Its Experiential Environment segment offers architectural facades, scenic fabrication, sculptures, scaled models, wall reliefs and murals, show sets and props, artistic painting, landscaping to theme park and attractions, expositions and museums, and galleries. Its Interior architecture segment offers conceptualize, design and interior fitting-out services to commercial properties, healthcare, hospitality services industry, show rooms and retail outlets. Its Exhibitions segment is engaged in the design, installation and project management of exhibition booths and pavilions, rental of re-usable exhibition booths, pavilion modules, and furniture and furnishings. Its Events segment develops, hosts and manages events. The IP segment includes AVENGERS and TRANSFORMERS brands. 

CityNeon started to rally since March, since then it is up more than 200%, this kind of rally is Rarely seen in Singapore stock market. With the sexy story of Disney, Avengers and Transformer, it seems pretty convincing for the business to grow. The main reason for further move could recently could be the company accquiring the third IP intellectual property rights. Technically speaking, this is an uptrend stock, short term support at $0.78, potential upside unknown but DBS gives a target price of $1.05 in a recent report.

To find out more about how we pick all these good stocks, you can come to our upcoming seminar.

"Learn the Method of Identifying Big Players in the Stock Market"
What you will learn at this seminar:
What are the Singapore stocks that show Big Players Now?
The Method of knowing when the Big Players are buying?
Learn how you can know the Best Performing or Worst Performing Sector of the month (This will help you to strategize and know what sector to zoom in on to minimize time spent)
How do you identify correctly the trend of the stock so as to know precisely when to exit a trade when trend change
How do you leverage on CFDs to short stocks that are bearish now (Understanding this will enable you to make money even in a bearish market)
Analysis of stocks that you are interested 
  • 15th June 2016, Wed, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 21th June 2016, Tues, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 6月22号,星期三中文讲座 7点-10点 (Chinese)

Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903
Register Now !



Monday, June 13, 2016

Singapore Stock Market Updates 13 June

Hey Friends! Here are some updates for this week.
STI start the week on monday with a big drop, down 37.54 point , -1.33% at closing, Hang Seng index down 530 point -2.5%, SSE down 94point - 3.21%

From the price change below we can see that the Oil counters Keppelcorp, Sembcorp ind, Sembcorp Marine are among the biggest drop, follow by the banks UOB, OCBC, DBS. This is telling us that Oil and banks are the sector that is weak after this sell down. I will avoid this 2 sector for now, until the market find its support level.



Major Event this week
FOMC rate decision (W). The Yellen press conference will get close attention. Wednesday
- MSCI inclusion of China share - MSCI is due to announce whether Shanghai and Shenzhen-listed stocks, or A-shares, will be added to its Emerging Markets Index on Wednesday

We have done well over the past few weeks picking the right stock. I would like to thank you for reading this blog and also to refer your friend to subscribe to this blog.

Japfa ready for a Big jump? 

When the article was written Japfa was 0.73 it Jumped up to 14% over the next few day after this post. 

When the article was written Jumbo was 0.49 it Jumped up to 26% over the next few week after this post. 
Mentioned Japfa here as well, and China Aviation - CAO was then at $0.91 after few week it rise up to 34%

During the time when i mention, the price is at the short term overbought position. after a pull back, now some of these stock already break new high.

To find out more about how we pick all these good stocks, you can come to our upcoming seminar.

"Learn the Method of Identifying Big Players in the Stock Market"
What you will learn at this seminar:
What are the Singapore stocks that show Big Players Now?
The Method of knowing when the Big Players are buying?
Learn how you can know the Best Performing or Worst Performing Sector of the month (This will help you to strategize and know what sector to zoom in on to minimize time spent)
How do you identify correctly the trend of the stock so as to know precisely when to exit a trade when trend change
How do you leverage on CFDs to short stocks that are bearish now (Understanding this will enable you to make money even in a bearish market)
Analysis of stocks that you are interested 
  • 15th June 2016, Wed, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 21th June 2016, Tues, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 6月22号,星期三中文讲座 7点-10点 (Chinese)

Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903
Register Now !

Tuesday, June 7, 2016

Japfa ready for a Big jump?

Japfa currently is uptrending, short term consolidating in a Bullish Pennant pattern. If price break above the $0.75 resistance, it may have more upside


Japfa's Q1 earnings skyrocket 234% to $31.37m


For the three months ended 31 March 2016, Japfa Ltd revenues increased 6% to $717.7M. Net income increased from $7M to $23.4M. Revenues reflect Animal Protein segment increase of 5% to $602.9M, Dairy segment increase of 16% to $69.1M, Consumer Food segment increase of 11% to $45.7M. Net income benefited from Animal Protein segment income increase from $16.9M to $38M, Dairy segment income increase of 14% to $15M.

Business Summary
Japfa Ltd is a Singapore-based agri-food company. The Company's segments include animal protein, dairy, consumer food and others. The animal protein segment includes production of various animal proteins, including poultry, swine, beef and aquaculture, as well as animal feed, across the Company's focus markets, including Animal Protein Indonesia that refers to the animal protein operations of its subsidiary, PT Japfa Comfeed Indonesia Tbk, and Animal Protein Other that refers to the animal protein operations in Vietnam, India, Myanmar and China. 

Join Us in our Upcoming Seminar for more Discussion on what stock to see in June


What you will learn:
  • Time Tested Proprietary Strategy to trade in Stock
  • How this strategy can apply in any market around the World
  • Simple Steps to pick the Growing Stocks?
  • How you can do Sector Analysis to find what is the Strong/weak sector now
  • Market outlook and individual Singapore stocks analysis using Technical Analysis
Register Now !

Thursday, June 2, 2016

Trading Stock using Cup and Handle Pattern with High Probability

Cup and Handle


What is a 'Cup and Handle'

A pattern on candlestick chart resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern has low trading volume - Investopedia

Did you notice that the recent 25% rally of Thaibev can be clearly identified by this pattern?

What about SIA engg, does this look like a similar pattern? I notice that SIA engg also have his first golden cross after falling for 2 years, is it time for this counter to recover?



Join us on our upcoming WorkShop. "7-step Stock Picking Formula" - Inspired by the great trader William O Niel.  
 
Click here to Register - $9.50 pay at the door
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