Intra-Trade Sharing 120823 SGX-GEMS TV ~ aka Timothy Syke - Singapore version?

At the start of the day, as usual I go about reading news brief of the day, noticed a stock GEMS TV announced a 1st time annual profit and a dividend of 0.9 cent!

This counter's price started trading in the day at $0.027, I immediately downloaded the earning report & digested the news. Another positive abeit speculative factor is that the management is looking for potential company for reverse takeover and encouraging MMCG to do an Initial Public Offering.

To be frank, I did not even research what does MMCG stand for, the only calculations I did were:

Dividend Yield %: $0.009 divide by $0.028 (price traded at 9.30am) = 32.1%!
NAV: US 2.99cent = roughly SG 3.73 cent (simply multiply by 1.25).
Cash Per Share: US $9,763,000 (Cash and cash equivalent in Q4 report) divide by 1,035,370,220 (total shares issued) = US $0.00942 or SG $0.011 => {this means company able to pay the large dividend}

Naturally I jump into action & bought 500 lots immediately at sell price $0.028 (bid price was $0.027).

My thinking was to wait for few days as I am quite confident that a dividend yield this high plus the various positive management commentary, high NAV, Cash per share etc., for a while in the morning, the price dropped briefly to $0.027, but I ignore and went back to work...(feverish overwhelmed by daily work again, its hard to be an employee :(

Of course, I set a price alert with one of those free Android apps which you could find, but remember that the app is base on Yahoo price which is 10mins later, plus our lousy 3G network, sometimes after the alert, the real-time price may be gone.

Well, in this case, I immediately sold away within the same day at $0.032, netting a cool net profit of $1,894.87. Great huh? well the stock closed up at $0.034, I wont be surprised if the stock go higher over the next few days... But I have earned my day...

By the way, just in case you are wondering who's Timothy Syke, he's a self-made millionaire, money manager that focus on penny stocks. His strategies and past trades that he discussed in his courses, are rather insightful and interesting... Basic lesson is still one must know what he's doing when he buy/sell, he traded skillfully especially in cases such as "pump & dump", speculative news (aka story telling)...etc.

If you are interested in his courses with a additional Singapore note that explains with real past examples on how to trade penny stocks in Singapore context, all these for only SG$100!
Look I already showed you how I made $1800+ with half the standard brokerage capital (typically you are given $25K trade limit), imagine how much more thousands you could made from learning my secrets!
For a limited time only, for the first 10 persons that bought Timothy Syke's course materials (DVDs), ebooks + my free note with real cases on how to trade penny stocks, you will get a free one-time guidance on your first trade within 6 months from payment.

What are you waiting for? Take action now!
The next millionarie could be you...

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Trade Update 120730 **Buy Alert** SGX - SMRT @ $1.63

An update to my **Buy Alert** of SMRT issued on 30 July 12, I managed to entered at $1.625 with 10lots, still the price fell to $1.62 before a sudden 1 day surge today to $1.655 where I closed out my trade.

   I closed it this early partly due to unexpected delay in my inter-bank transfer which my LimTan Broker has graciously helped me to hold, but I thought it would be better to simply close it to free up the deliquent amount from my broker's account. I maybe wrong but I was told to be a broker / remiser you need to have a account deposit, should your clients fall short in payment, the broker's account will be used to top up beyond T+3, in the past inter-bank transfers will show up in bank account in 2 working days, but this time it took longer.

Let me know if you are keen to open any accounts with LimTan, LimTan brokerage is the only brokerage in Singapore that gives NTUC Linkpoints for fees charged which is much more useful than the typical points by other brokerages which are low and restricted to their own products. Furthermore there's account openning rewards now, with both applicant and referrer benefiting from NTUC & LimTan vouchers. Now back to the trade analysis:

Firstly, this counter is only at the start of its "up" wave, it is highly likely that the counter will rises further and even reverse its current mid-term downtrend.
As my daily chart below shows, I was lucky to close at the top to today's bar, but all indicators have turned bullish with Parabolic Stop and Reversed (that green dot below today's white bar), the higher Force index, and the impending crossing of the MACD, Signal line.

The key is to watch for opening of price above $1.65 & closing above $1.65.
When this happens, it confirms the reversal of short-term trend, and one could look forward to a rise similar to the period 18 Jun - 3 Jul, when SMRT rises from $1.65 to $1.72 before reversing again.

**Watch** SGX - STI Cup & handle formation

Cup & handle is one of the more popular technical formation that traders watch for... For more explaination, you may go to this link at StockChart.com which I find quite useful & practical for traders.

Basically if STI is to open & stay closed above somewhere 3030, the STI may have completed a breakout and will likely achieve 5-15% increase, possibly breaking its next resistance 3100, and reach its previous highs of 3200.

Watch for this week & next, especially the action from Europe and Fed's meeting...

**Buy Alert** SGX - SMRT @ $1.63 & FY13Q1 Result Highlights

FY13Q1 Result
Overall SMRT managed to improved its Q1 result by 4.7% despite increased costs from almost every aspects of its operations: repairs (30.4% increase), depreciation for 17 new trains (19.9% increase), penalty imposed by LTA & other costs (17.2% increase), staff costs (8% incrase) and lastly electricity, diesel costs (6.5% increase).

Still, the management kept a positive outlook in its 7. Prospects and expect the revenue growth to continue in 2Q, FY2013. The management is also expected to tap on LTA's funding to co-share the $900 million cost of renewing train assets for the North-South East-West Line. A revised fare formula, possibly ready in early 2013 may also bring about some relief to the increasing operation costs.

The positive news results stopped the continuous series of black candles, turning around several indicators. The Force Index showed a emerging bull force in its infancy, MACD bar has been green for a while, and RSI at its oversold position, all in all SMRT should trend up for a while with support line at $1.605.

If the trade goes nowhere, traders can hold on till Nov 12's dividend of est.$0.0175.

A one-page Starter to Stock Market Investing

A Starter to Stock Market Investing

There are 2 sides to look at stocks and eventually invest your hard-earned money in it, hoping for a return.

Definition (1 sentence)
Fundamentals ~ What’s the business value vs. current price worth?	Technicals ~ charting & reading of past price, volume to forecast price movement
Tools to use…
~ Net Asset Value / Net Tangible Assets ~ Earnings Per Share (what company gets) ~ Dividends Per Share (what shareholders get) ~ Company Management  & its policies ~ Types of Industries (rising, shrinking?) ~ Prospects of business… The aspects that make a business good (to buy)	~ Trend-following indicators, eg. Moving Averages, MACD to identify trends ~ Oscillators indicators, eg. Stochastic, Force Index, Relative Strength Index (RSI) to identify reversals ~ Trend lines, resistances & supports levels to estimate possible buy/sell points… The aspects that make it a good time to buy/sell
Examples…
Suppose you have some money, you want to make the money work to return you more money, and a business’s purpose is to earn money, what kind of business is good to buy? Would you spend $ 1 million to buy a business that has accounting net assets of $2 million? Would you want a business that pays you $1000 each day or lose $1000 each day?	Buy low, sell high (or sell high, buy low) Buy at A, sell at B… Buy or sell at C?

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Hi, my name is Tony King; I am a trader in stocks, options, ETFs...
I spent most of my time serving my community and trading/ investing.

This blog acts as a diary to record my trades; not all of them are profitable but then again no investor in the world could get 100% hit rate. The key is to increase your wins, & control your losses; eventually you will emerge ahead...

Most importantly, continue to learn & don't forget business common sense...

I welcome readers to submit any feedbacks, stocks for me to comment on.