My stock gains/losses from Oct 09 to 30 Apr 10

Will be receiving a dividend of $802.62 from Cambridge on 15 Jun 2010. No changes in my portfolio this week. Total gain has decreased from $11984.25 to $11391.87 as compared to last week.

Singtel Technical Analysis (28 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
As mentioned in last two weeks, the chart has formed a very big symmetric triangle. The chart has just touched the major support at $3.00 It is still unknown whether it will break up or down. The major resistance will be at $3.50.

Indicators:
Looking at the MACD, RSI and Stochastic, it may not be a best time to buy or sell in my opinion.

My Target Price:
My target sell price will be $3.50.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

SPH Technical Analysis (27 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart breaks out of $3.80. The next resistance is $4.20 and the support is $3.80.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high, meaning that it might not be a good time to buy.

My Target Price:
My target buy price will be raise to $3.80.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Will be receiving a dividend of $802.62 from Cambridge on 15 Jun 2010

Currently I am holding 55 lots of Cambridge in cash and 8 lots in CPF. As the total dividend is 1.274 cents per share for the first quarter, I will be receiving a total dividend of $802.62 from Cambridge on 15 Jun 2010.

Starhub Technical Analysis (25 Apr 10)

Support/Resistance:
The graph is at top of the uptrend parallel lines. It will not be a good buying opportunity. There is a possibility that the chart might test the support at $2.00. The major resistance will be at $2.80.

Indicators:
Looking at the RSI, MACD and stochastic, these three indicators is too high, which mean that it will not be a good buying opportunity.

My Target Price:
My target buy price will be $2.01.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

My stock gains/losses from Oct 09 to 23 Apr 10

No changes in my portfolio this week. Total gain has increased from $11114.25 to $11984.25 as compared to last week.

Cambridge Technical Analysis (22 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has rebounded after hiiting the lower line of the uptrend. It is still a good opportunity to accumulate at this point. If the uptrend continues, it may hit $0.63 which is the next resistance point..

Indicators:
Looking at the RSI and Stochastic, the two indicators are going uptrend. MACD is going downtrend. So there is no clear signal to buy or sell at the moment.

My Target Price:
My first target sell price is $0.63. My second target sell price is $0.72

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

SingPost Technical Analysis (21 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
Major resistance will be at $1.17. However it seems that the chart is going lower and might have a possibility to test the major support at $1.00

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high for quite a while already. It is not a good buying opportunity.

My Target Price:
My target sell price will be $1.17. I am looking to sell all my holdings at $1.17. However if it falls to $1.01, I will be buying a few lots.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

SuntecReit Technical Analysis (20 Apr 10)

Support/Resistance:
There are not much movement during the past two weeks. The chart be may continue its uptrend to reach $1.68 which is the major resistance. On the other hand, if the chart is not able to subtain its uptrend, it may just fall to $1.23.

Indicators:
Looking at the MACD, RSI and Stochastic, it may provide a good buying or selling opportunity.

My Target Price:
The price may continue to move to up to $1.68. However I am not buying as I feel it is expensive now. My target buy price will be $1.23, if it never reached then I will not buy at all.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

DBS Technical Analysis (19 Apr 10)

Support/Resistance:
Double top may be forming and there is a chance that the price will drop to the uptrend support line at $14.00. Major support is at $12.50 and Major resistance is at $15.80.

Indicators:
Looking at the RSI and Stochastic, these two indicators have gone up. However MACD is unchanged. It is not a good buying or selling opportunity.

My Target Price:
Target buy price will be at $14.00.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

STI Technical Analysis (18 Apr 10)

Support/Resistance:
The chart has just broken the psychology resistance at 3000 points. However it still have a chance to form double top pattern. If double top pattern is formed, it might fall to test the support at 2750. If double top pattern fails, there is a chance to test the next resistance at 3250.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are above the half way point, so it may not be a good buying opportunity.

My Target Price:
If the index reaches 3200,I will sell some of my shares.

My stock gains/losses from Oct 09 to 16 Apr 10

I have added 8 lots of cambridge in my portfolio this week using CPF. Total gain has increased from $10979.25 to $11114.25 as compared to last week.

Singtel Technical Analysis (14 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has formed a very big symmetric triangle. A bull flag pattern may be forming currently. The major resistance will be $3.50, and the major support will be $3.00.

Indicators:
Looking at the MACD, RSI and Stochastic, it may not be a best time to buy in my opinion.

My Target Price:
My target sell price will be $3.50. I might be buying more lots if the price drops to $3.00

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

SPH Technical Analysis (13 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
Last few weeks ago, the chart is within the channel between $3.55 and $3.80. The chart finally break out of $3.80. It is not confirmed whether it is a real or fake breakout. The next major resistance is $4.00.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high, meaning that it might not be a good time to buy.

My Target Price:
My target buy price will be $3.55 even though $3.80 is broken.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

ST Engineering Technical Analysis (12 Apr 10)

Support/Resistance:
The graph is at the middle of uptrend parallel lines. If it can touch the bottom line of the uptrend at $3.06, it will be a good buying opportunity. However the chart might test the resistance at $3.60.

Indicators:
Looking at the RSI, and MACD, the two indicators are going downtrend. If stochastic is going downtrend in the next one or two weeks, it will be a good buying opportunity.

My Target Price:
My target buy price will be $3.06.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Bought 8 lots of Cambridge @ $0.50 on 12 Apr 10 using CPF

I have bought 8 lots of Cambridge @ $0.50. So total I have 55 lots in cash and 8 lots in CPF now.

STI Technical Analysis (11 Apr 10)

Support/Resistance:
The chart has just broken the resistance at 2947 but still have a chance to form double top pattern. If double top pattern is formed, it might fall to test the support at 2750. If double top pattern fails, there is a chance to test the next resistance at 3250. The chart is still within the major uptrend lines.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are above the half way point, so it may not be a good buying opportunity.

My Target Price:
If the index reaches 3200,I will sell some of my shares.

Preference Shares

What are Preference Shares?
Brief introduction on preferences shares

Pros and Cons for Investing in Preference Shares
Why you should or shouldn't consider it as part of your portfolio?

What are different type of preference shares and how to buy them?
Have a knowledge on different type of preference shares and where to buy them.

What are different type of preference shares and how to buy them?

What are convertible preference shares?
Preference shares can be convertible or non-convertible. Convertible preference shares have the flexibility of converting to common shares. This allows you to lock in the dividend income and potentially profit from a rise in the price of the common stock. Non-convertible preference shares will not have such flexibility to convert to common shares.

What are cumulative preference shares?
Preference shares can be cumulative or non-cumulative. For cumulative preference shares, it means that if a company missed any dividends within the year, such missed dividends in the previous financial year will be accumulated to the next financial year. This is provided that you are still holding the shares. For non-cumulative preference shares, missed dividends in the previous financial year will not be accumulated to the next financial year.

How to buy preference shares?
You can buy or sell preference shares just like a common stock if they are listed on the Singapore stock exchange (SGX). You can do so either through a stock broker or an online trading platform.

New issue of the preference shares can be purchased from primary markets just like a new IPO stock. You can do so either through private placement, via ATM offers or other available placement channels.

My stock gains/losses from Oct 09 to 9 Apr 10

No changes in my portfolio this week. Total gain has increased from $9414.25 to $10979.25 as compared to last week.

Cambridge Technical Analysis (8 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has rebounded after hiiting the lower line of the uptrend. It is still a good opportunity to accumulate at this point. If the uptrend continues, it may hit $0.63 which is the next resistance point..

Indicators:
Looking at the RSI and Stochastic, the two indicators are going uptrend. MACD is going downtrend. So there is no clear signal to buy or sell at the moment.

My Target Price:
My first target sell price is $0.63. My second target sell price is $0.72

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

SingPost Technical Analysis (7 Apr 10)

See it for yourself and make your own judgement.

Support/Resistance:
Major resistance will be at $1.17. However it seems that the chart is going lower and might have a possibility to test the major support at $1.00

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high for quite a while already. It is not a good buying opportunity.

My Target Price:
My target sell price will be $1.17. I am looking to sell all my holdings at $1.15. However if it falls to $1.01, I will be buying a few lots.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

SuntecReit Technical Analysis (6 Apr 10)

Support/Resistance:
There are not much movement during the past two weeks. The chart be may continue its uptrend to reach $1.66 which is the major resistance. On the other hand, if the chart is not able to subtain its uptrend, it may just fall to $1.20.

Indicators:
Looking at the MACD, RSI and Stochastic, if the three indicators continue to fall further, it may provide a good buying opportunity.

My Target Price:
The price may continue to move to up to $1.66. However I am not buying as I feel it is expensive now. My target buy price will be $1.20, if it never reached then I will not buy at all.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

STI Technical Analysis (5 Apr 10)

Support/Resistance:
As mentioned in last week analysis, I mentioned that the chart may be testing the double top resistance at 2947. STI is currently at the point to test this resistance. Once this resistance is broken, there is a chance to test the next resistance at 3250. But if it fails to break the resistance, it might fall to test the support at 2700 The chart is still within the major uptrend lines.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are above the half way point, so it may not be a good buying opportunity.

My Target Price:
If the index reaches 3200,I will sell some of my shares.

DBS Technical Analysis (4 Apr 10)

Support/Resistance:
It is at the middle of major uptrend. Bear flag pattern may be currently forming and there is a chance that the price will drop to the uptrend support line at $13.50. Major support is at $12.50 and Major resistance is at $15.80.

Indicators:
Looking at the RSI and Stochastic, these two indicators have seemed to start to go up. However if MACD is able to fall further in the next two weeks, it will be a good opportunity to buy.

My Target Price:
My target buy price will increase from $13.00 to $13.50.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Pros and Cons for Investing in Preference Shares

Pros:
Preference shares have the priority over common stocks in the way that their investors will receive the dividends before the common stock investors. It is good for investors who are just targeting on dividend yields since the company will pay them the dividends in full first.

In case of the company bankruptcy, investors of the preference shares will be paid out in assets before common stockholders.

Price movement of the preference shares will be slow due to low volume trading. Hence investors will not need to spend too much time focusing on the price movement.

Cons:
Keep in mind as well that preference shares may be illiquid as compared to common shares. You may not be able to buy and sell as quickly as equities because of the low volume trading for preference shares.

Preference shares are not suitable for investors who are targeting in capital gain. It is because preference shares tend to give you lower capital gains compared to normal shares.

The issuer has the right, but no obligation, to redeem the preference shares. In the event of redemption, the issuer is likely to pay the investor the issue price for each preference share, plus any dividends payable up to the redemption date. Please note that investors might suffer some loses if they bought their shares at a price higher than the issue price in case of redemption.

My stock gains/losses from Oct 09 to 1 Apr 10

No changes in my portfolio this week. Total gain has increased from $9284.25 to $9414.25 as compared to last week.