inwest88 That's a big question mark ??? But I've already sold all my stocks since last week, stay on the sideline & shall not take the risk on the possibility being hit by the 'missile'. I'm waiting for opportunity to bottom fish when the 'war' is over.
hiddengem, there's nothing wrong being conservative, but like you mentioned before, the market is unpredictable. There are always two sides to a coin. Those who prefer to play safe would sell whilst the risk takers (the aggressive ones) would buy. If everyone thinks alike and stay on the safe side, there will not be any trading then. At the end of the day, it's up to each individual's strategy and decision - there is no right or wrong !
You dont need a crystal ball to predict the future direction of equity mkt, ......but. ........you must be..........SELF DISCIPLINE + GOOD TIMING + GOOD STOCK + LUCK = WINNER WINNER WINNER
US bond yields hv surged since Fed Chairman Ben Bernanke said that the policy setting FOMC could start tapering its asset purchases fr US$85bil a month.
If US yields shoot even higher after this week FOMC meeting on 17/9 & 18/9, confidence will be rattled, the already feeble housing-driven US recovery could stumble & investors in emerging markets might experience shock wave again, start rushing for the exit door.
The potential for Fed tapering alone to shock the markets or derail the global recovery has surely not diminished.
hidden gem, if you look at the latest development in the US probably you would now think that the coming days would not be so gloomy after all ! Asian markets are sharply higher and so are those in Europe which just opened ! Anyway as I said there is nothing wrong in being conservative. You can still find trading opportunities.
1)When the yield on the 10 year bond goes up it indicates that the long term interest rates is going up.
2)When the rates goes up it will affect a lot of investments in the economy. It will affect the stock market, the housing market, credit card, personal loans & so on.
3)Due to the increased cost of borrowing it will affect investments in the stock market becos the margin rate will also increase.
4)It will also affect the housing mkt becos less people are willing to commit on new housing n as a result prices will hv to come down.
5)For those who hv bought houses they will also b affected due to increased mortgage payments.
Hence it will affect the overall economic activity, n shall derail the recovery of the US economy if the 10 year US Treasury Yields touches above the critical level of 3.50%. So all eyes & ears shall b focus on the 10 year US Treasury Yields during the coming FOMC meeting on 17/9 & 18/9.
Most Asian stocks were down ahead of FOMC meeting today & tomorow, where the policymakers r forecast to scale back their asset purchases known as quantitative easing by US$10 billion to US$75 billion. Another shock wave is expected across the global mkt tomorrow.
The Fed will release its policy statement @ 2..00pm (1800GMT) on September 18, Wednesday , after the end of the meeting, followed by a news conference by Bernanke at 2.30pm (1830GMT). Benchmark US Treasury Notes Yields was up 2.85%.
I have been analysing Benalec...although KWAP is in....I am of the opinion that it is still not safe to go in at this level...I will go in at the right time...after I get the feel good factor.... 21/09/2013 07:44
Bro Sang Jero nice to meet u here again in this thread. My feel good factor is to accumulate @1.10 level. I noticed that KWAP treat this counter like a hotel in.......out.......in......out
bro hiddengem...KWAP is holding a big chunk as one of the large shareholder...They are going for long term...earn money from dividend plus some trading activities.....
Price of 1.2 still undervalued. Diposal of land + upcoming projects we will have special dividend like LBS soon!! The average price target is 2.0 plus.
Rising demand and selling prices of land in the reclamation concession area off Melaka bodes well for the group as it still has 360 acres of land stocks as well as significant area to be reclaimed in the area.
The group also has land stocks for sale in Selangor.Expect more disposals in the coming months.
If can joinventure with other developer to develope the land,then it is a real gems. sell the land do not have any added value la. Also alway have confict of interest by selling land to it own director. I will avoid this stock unless DY is good. Otherwise,only director make money by develope the land himself or sell wlth higher price.
BENALEC has disposed 6 pieces of leasehold vacant land in Melaka for a total cash consideration of RM51mil.
This sale follows the disposal of 8 pieces of land in the same vacinity for a total cash consideration of RM54.3mil in July 2013.
The latest land disposal is expected to be completed by 1Q2014 will result in a net gain of RM9.2mil compared to a net gain of RM7.1mil for the July 2013 land disposal. The Co has announced that more land disposal for the coming month.
Disposal of landbank at higher prices is positive, & shall contribute significantly to BENALEC's earnings.
Recently, BENALEC daily trading volume has risen substantially & further uptrend momentum shall continue.
Bro Sang Jero Today I hv already apply the 'HIT & RUN' formulae for my BENALEC due to surprisingly low volume for today as compared to the last 2 days.
Yesterday I bought @1.25 & today sold @1.26.......just earn a cup of teh tarik as a result of low brokerage fee using Hong Leong E-Broking.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hiddengem
1,186 posts
Posted by hiddengem > 2013-09-14 16:10 | Report Abuse
inwest88 That's a big question mark ??? But I've already sold all my stocks since last week, stay on the sideline & shall not take the risk on the possibility being hit by the 'missile'.
I'm waiting for opportunity to bottom fish when the 'war' is over.