Union Gas - Manipulative Price Action

Today we witness how Market Maker can move price up and down based on news.  

Such price action means they have manage to distribute most of their stocks to retail investors from June onwards.

Its not illegal as they are just news opportunities seeker who are patience to wait for the right news while the price action continue to move sideways.

SGX - When Profits Announcement Ends

SGX had been announcing higher and higher profits for many quarters.  Once they start announcing lower profits, SGX share price dive.

This is another case study where we can't see when the party will end.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	2.34%	SGD 0.24	SGD0.08	2021-10-14	2021-10-22	Rate: SGD 0.08 Per Security
			SGD0.08	2021-05-05	2021-05-14	Rate: SGD 0.08 Per Security
			SGD0.08	2021-01-29	2021-02-08	Rate: SGD 0.08 Per Security
2020	3.03%	SGD 0.31	SGD0.08	2020-10-29	2020-11-06	Rate: SGD 0.08 Per Security
			SGD0.08	2020-10-01	2020-10-09	Rate: SGD 0.08 Per Security
			SGD0.075	2020-05-04	2020-05-13	Rate: SGD 0.075 Per Security
			SGD0.075	2020-01-31	2020-02-10	Rate: SGD 0.075 Per Security
2019	2.93%	SGD 0.3	SGD0.075	2019-11-01	2019-11-11	Rate: SGD 0.075 Per Security
			SGD0.075	2019-10-10	2019-10-18	Rate: SGD 0.075 Per Security
			SGD0.075	2019-05-03	2019-05-13	Rate: SGD 0.075 Per Security
			SGD0.075	2019-01-31	2019-02-12	Rate: SGD 0.075 Per Security

Union Gas Sudden Decline

There was large volume selling Union Gas on 16 August and it seem the smart monies know something that was yet to be announce.

Almost 50% of the share price was lost in 7 days.

It is good to take progressive profits as the share price goes higher as we can never catch the top.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	4.97%	SGD 0.035	SGD0.01	2021-10-04	2021-10-15	Rate: SGD 0.01 Per Security
			SGD0.0253	2021-06-18	2021-06-30	Rate: SGD 0.0253 Per Security
2020	2.89%	SGD 0.021	SGD0.005	2020-09-09	2020-09-24	Rate: SGD 0.005 Per Security
			SGD0.0155	2020-07-09	2020-07-30	Rate: SGD 0.0155 Per Security
2019	2.11%	SGD 0.015	SGD0.003	2019-09-03	2019-09-13	Rate: SGD 0.003 Per Security
			SGD0.012	2019-05-24	2019-06-03	Rate: SGD 0.012 Per Security

Trying To Time The Market

Nobody can time the market. It makes no sense to wait for falls and then invest in.

You might get lucky once or twice, but you won’t “win” over a life time doing it that way.

Look at the last fifteen years or so. So many people didn’t want to invest:

• Before 2007–2008
• In 2009 despite markets being so low (it is better to wait and see)
• 2012 - markets have been doing well. Better to play it safe.
• 2013 - markets have been doing well for years now. Are they too high
• 2014 - same as 2013
• 2015 - even more worries now about markets being too high
• 2016 - markets have been too high for years and Trump might get elected!
• 2017 - markets have been too high now
• 2018 - markets have been too high, for too long now
• 2019 - start of the year. Markets have finally fallen. Still, best to wait and see
• Start of 2020. Markets have been high for too many years now and we have this Covid business
• November 2020. Best to wait after the election and markets have recovered too fast from Covid
• 2021 - Markets have been too high for too long now!

See the pattern? The same people worried about Trump getting elected in 2016, were worried about the 2020 election.

The same people worried about Covid, were also concerned about 2008. All time, the patient buy and hold investor beat them all.

If I would have gone back to the 1970s, 1980s and 1990s you would have seen a similar trend.

People always worry about this event or that, this crash or that, and all the while markets march higher, especially adjusted for dividends.

As a final point, it isn’t true that markets are at records globally. At least in capital value terms (not including dividends), the FTSE 100 and many emerging markets are below all time peaks.

In fact, Mainland European, UK and Emerging Market stocks are incredible cheap compared to US stocks on a CAPE and P/E ratio despite 0% interest rates and QE.

That doesn’t mean they will beat US stocks for sure, but remember, on a global basis, stocks look cheap.

As Buffett said recently as well, even US Stocks look quite cheap IF interest rates stay low for long.

Lion OCBC Sec HSTech ETF - HK Tech Still in Distress

Hong Kong Tech stocks still in distress.  No sign of turning yet.  Best to keep away.

UOI - The Sleepy Stock

UOI is a very low volume stock.  Current price action is slightly out of support point and systematical triangle where it can either move up or down.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	3.01%	SGD 0.21	SGD0.085	2021-08-10	2021-08-23	Rate: SGD 0.085 Per Security
			SGD0.085	2021-04-30	2021-05-14	Rate: SGD 0.085 Per Security
			SGD0.04	2021-04-30	2021-05-14	Rate: SGD 0.04 Per Security
2020	3.44%	SGD 0.24	SGD0.085	2020-08-03	2020-08-17	Rate: SGD 0.085 Per Security
			SGD0.085	2020-06-19	2020-07-03	Rate: SGD 0.085 Per Security
			SGD0.07	2020-06-19	2020-07-03	Rate: SGD 0.07 Per Security
2019	3.16%	SGD 0.22	SGD0.085	2019-08-13	2019-08-23	Rate: SGD 0.085 Per Security
			SGD0.05	2019-04-23	2019-05-06	Rate: SGD 0.05 Per Security
			SGD0.085	2019-04-23	2019-05-06	Rate: SGD 0.085 Per Security

STI ETF - Fallen To Support

Today STI falls by 44.47.  The correction is long overdue. 

The STI ETF falls slightly below the support of 3.15.   The next few days will determine whether the correction will go on for a period of time.

Its time to slowly accumulate.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	2.66%	SGD 0.083	SGD0.005	2021-08-11	2021-08-25	Rate: SGD 0.005 Per Security
			SGD0.005	2021-08-11	2021-08-25	Rate: SGD 0.005 Per Security
			SGD0.033	2021-08-11	2021-08-25	Rate: SGD 0.033 Per Security
			SGD0.007	2021-02-09	2021-02-24	Rate: SGD 0.007 Per Security
			SGD0.028	2021-02-09	2021-02-24	Rate: SGD 0.028 Per Security
			SGD0.005	2021-02-09	2021-02-24	Rate: SGD 0.005 Per Security
2020	3.69%	SGD 0.115	SGD0.017	2020-08-11	2020-08-25	Rate: SGD 0.017 Per Security
			SGD0.002	2020-08-11	2020-08-25	Rate: SGD 0.002 Per Security
			SGD0.04	2020-08-11	2020-08-25	Rate: SGD 0.04 Per Security
			SGD0.052	2020-02-10	2020-02-24	Rate: SGD 0.052 Per Security
			SGD0.004	2020-02-10	2020-02-24	Rate: SGD 0.004 Per Security

CapitaR China - Is This A Good Entry Point

I study technical analysis basically to look for better entry buy and sell point.

Based on the chart, this is a good buy point at support.

Take note that technically chart can be wrong too as we can never outwit the smart monies who see what we see on the chart.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	3.67%	SGD 0.048	SGD0.0423	2021-08-05	2021-09-27	SGD 0.0423 per security/unit
			SGD0.0058	2021-02-05	2021-03-05	Rate: SGD 0.0058 Per Security
2020	7.16%	SGD 0.094	SGD0.015	2020-11-24	2020-12-04	Rate: SGD 0.015 Per Security
			-	2020-11-24	-	Ratio: 56:1000
			SGD0.0125	2020-11-24	2020-12-04	Rate: SGD 0.0125 Per Security
			SGD0.0302	2020-08-06	2020-09-28	SGD 0.0302 per security/unit
			SGD0.0361	2020-02-14	2020-03-30	SGD 0.0361 per security/unit
2019	13.29%	SGD 0.174	SGD0.0023	2019-08-08	2019-09-27	Rate: SGD 0.0023 Per Security
			-	2019-08-08	-	Ratio: 87:1000
			SGD0.0606	2019-08-08	2019-09-27	Rate: SGD 0.0606 Per Security
			SGD0.0629	2019-08-08	2019-09-27	SGD 0.0629 per security/unit
			SGD0.0016	2019-02-12	2019-03-28	SGD 0.0016 per security/unit
			SGD0.0467	2019-02-12	2019-03-28	SGD 0.0467 per security/unit

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Frasers Centrepoint - Higher and Higher Range

Chart pattern always keep changing and we constantly need to adjust our price expectation as per what the Market Makers is doing.

Frasers Centrepoint Trust price trend seem to be moving slowly up.  SG vaccination effort are paying off and neighborhood malls are likely to be the first to benefit from the opening.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	2.52%	SGD 0.059	SGD0.008	2021-04-30	2021-05-28	Rate: SGD 0.008 Per Security
			SGD0.05064	2021-04-30	2021-05-28	SGD 0.05064 per security/unit
2020	3.94%	SGD 0.092	SGD0.01171	2020-10-05	2020-12-04	SGD 0.01171 per security/unit
			SGD0.0051	2020-10-05	2020-12-04	Rate: SGD 0.0051 Per Security
			SGD0.02461	2020-10-05	2020-12-04	SGD 0.02461 per security/unit
			SGD0.00132	2020-10-05	2020-12-04	SGD 0.00132 per security/unit
			-	2020-10-05	-	Ratio: 290:1000
			SGD0.0023	2020-10-05	2020-12-04	Rate: SGD 0.0023 Per Security
			SGD0.0161	2020-04-30	2020-05-29	SGD 0.0161 per security/unit
			SGD0.0022	2020-01-30	2020-02-28	Rate: SGD 0.0022 Per Security
			SGD0.0284	2020-01-30	2020-02-28	SGD 0.0284 per security/unit
2019	5.99%	SGD 0.14	SGD0.02647	2019-10-31	2019-11-29	SGD 0.02647 per security/unit
			SGD0.00266	2019-10-31	2019-11-29	Rate: SGD 0.00266 Per Security
			SGD0.00175	2019-07-30	2019-08-29	Rate: SGD 0.00175 Per Security
			SGD0.00916	2019-07-30	2019-08-29	SGD 0.00916 per security/unit
			SGD0.00022	2019-05-24	2019-07-25	Rate: SGD 0.00022 Per Security
			SGD0.01887	2019-05-24	2019-07-25	SGD 0.01887 per security/unit
			SGD0.0184	2019-05-24	2019-07-25	SGD 0.0184 per security/unit
			-	2019-05-24	-	Ratio: 31:1000
			SGD0.0005	2019-05-24	2019-07-25	Rate: SGD 0.0005 Per Security
			SGD0.0008	2019-05-02	2019-05-30	Rate: SGD 0.0008 Per Security
			SGD0.03057	2019-05-02	2019-05-30	SGD 0.03057 per security/unit
			SGD0.02941	2019-01-28	2019-02-28	SGD 0.02941 per security/unit
			SGD0.00079	2019-01-28	2019-02-28	Rate: SGD 0.00079 Per Security

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.