CFD Trading Portfolio update on 5 Feb 2011

As of 5 Feb 2011
China taisan @ 0.186 
China Env @ 0.245 
Capital Land @ 3.68
Longcheer @ 0.505
Genting @ 2.08
New add:
Anchun @ 0.215

Marco Polo @ 0.415

Renewable @ 0.215

Past sold in 2011
Genting HK @ 0.425 sold 0.435 for profit
Raffles edu @ 0.26 sold 0.275 for profit
China Taisan @ 0.186 partial sold at 0.2 for profit
AscendasIndR @ 0.92 sold at 0.93 for profit
Midas @ 0.965 sold at 0.98 for profit
BH Global @ 0.285 sold at 0.295 for profit
Anchun @ 0.23 sold at 0.24 for profit
Tigerair @ 1.82 cut at 1.80 at loss (partial mistake for closing the trade, can hold longer actually)
CapitalMallAsia @ 1.91 sold at 1.94 for profit
CourageMa @ 0.195 sold at 0.215 for profit
Wilmar @ 5.42 sold at 5.47 for profit
Wilmar @ 5.38 sold at breakeven
Sound Global @ 0.715 sold at 0.725 for profit
NOL @ 2.18 @ sold at 2.21 for profit

Yanlord @ 1.6 cut at 1.59 at loss
Golden Agri @ 0.72 cut at 0.695 at loss

CFD Trading Portfolio update on 27 Jan 2011

As of 25 Jan 2011
China taisan @ 0.186 
China Env new avg @ 0.245 
Capital Land @ 3.68
Longcheer @ 0.505


New add:
Yanlord @ 1.6 
Golden Agri @ 0.72
Genting @ 2.08

Past sold in 2011
Genting HK @ 0.425 sold 0.435 for profit
Raffles edu @ 0.26 sold 0.275 for profit
China Taisan @ 0.186 partial sold at 0.2 for profit
AscendasIndR @ 0.92 sold at 0.93 for profit
Midas @ 0.965 sold at 0.98 for profit
BH Global @ 0.285 sold at 0.295 for profit
Anchun @ 0.23 sold at 0.24 for profit
Tigerair @ 1.82 cut at 1.80 at loss (partial mistake for closing the trade, can hold longer actually)
CapitalMallAsia @ 1.91 sold at 1.94 for profit
CourageMa @ 0.195 sold at 0.215 for profit
Wilmar @ 5.42 sold at 5.47 for profit
Wilmar @ 5.38 sold at breakeven
Sound Global @ 0.715 sold at 0.725 for profit
NOL @ 2.18 @ sold at 2.21 for profit

CFD Trading Portfolio update on 25 Jan 2011

As of 25 Jan 2011
China taisan @ 0.186 
China Env new avg @ 0.245 
Capital Land @ 3.68
Wilmar @ 5.38 
Longcheer @ 0.505

Past sold in 2011
Genting HK @ 0.425 sold 0.435 for profit
Raffles edu @ 0.26 sold 0.275 for profit
China Taisan @ 0.186 partial sold at 0.2 for profit
AscendasIndR @ 0.92 sold at 0.93 for profit
Midas @ 0.965 sold at 0.98 for profit
BH Global @ 0.285 sold at 0.295 for profit
Anchun @ 0.23 sold at 0.24 for profit
Tigerair @ 1.82 cut at 1.80 at loss (partial mistake for closing the trade, can hold longer actually)
CapitalMallAsia @ 1.91 sold at 1.94 for profit
CourageMa @ 0.195 sold at 0.215 for profit
Wilmar @ 5.42 sold at 5.47 for profit

CFD Trading Portfolio update on 19 Jan 2011

As of 19 Jan 2011
China taisan @ 0.186 sold 1/3 at 0.2 for profit
China Env new avg @ 0.245 - add more at 0.235

Past sold
Genting HK @ 0.425 sold 0.435 for profit
Raffles edu @ 0.26 sold 0.275 for profit
China Taisan @ 0.186 partial sold at 0.2 for profit
AscendasIndR @ 0.92 sold at 0.93 for profit
Midas @ 0.965 sold at 0.98 for profit
BH Global @ 0.285 sold at 0.295 for profit
Anchun @ 0.23 sold at 0.24 for profit
Tigerair @ 1.82 cut at 1.80 at loss (partial mistake for closing the trade, can hold longer actually)
CapitalMallAsia @ 1.91 sold at 1.94 for profit
CourageMa @ 0.195 sold at 0.215 for profit

Pick of the Week Challenge: week 3 of 2011

Freeme
Renewable
Buy in: $0.25
Target price: $0.28

Reason: Rebound play with good corporate news.

Fx hunter
My pick is Rickmers.

current price : $0.415
target price $0.50

 Reason: strong uptrend and economy picking up indicate strong revenue for the company

Sheng L
Yangzijiang Shipbuilding
currently price at $2.05
TP at $2.10

Reason is YZJ had secured US$415m worth of contracts from Sep 10 to Dec 10, comprising 15 bulk carriers of different sizes rangingfrom 47,500 dwt to 82,500 dwt. These vessels are scheduled for delivery from 2011 to2013.

Alson
SINGTEL

Sell-in price: $3.100
Target price: $3.120 (Buy)

Reason: SingTel’s 32% stake in Bharti Airtel, which has shown significant improvement in a regulatory & competitive environment, accounts for 28% of its price target.  Furthermore, both stocks have also historically shown good correlation as well.

Anya 
Pick - Capitaland
Current price: 3.72
TP: $3.80

Capitaland was trading at a high of $3.86 the previous. The sharp fall last friday was due to the cooling measures implemented by Govt on the property sector.
At a short term view of 5 days, buy in at prevailing price and sell at the high of the rebound.

Hang Seng Index (HSI) - 17 Jan 2011

Based on chart reading, HSI currently is at a critical point where either a break up over 24440 will see it trying for 25000. MACD and increasing trading volume both point to positive side, while RSI and Stochastic shows abit overbought. HSI now hit the upper band of the mid trend line. A good correction will bring HSI to 23300 level.

Given the CNY is coming, I foresee some profit taking to come before CNY week, however the current rally trend should continues.

1-2 weeks target 25000. If fail to cross 24400, a pull back is likely to occur.

CFD Trading Portfolio update on 14 Jan 2011

As of 14 Jan 2011
China taisan @ 0.186 sold 1/3 at 0.2 for profit
CourageMa @ 0.195
China Env new avg @ 0.2475 - add more at 0.245

Add CapitalMallAsia @ 1.91

Past sold
Genting HK @ 0.425 sold 0.435 for profit
Raffles edu @ 0.26 sold 0.275 for profit
China Taisan @ 0.186 partial sold at 0.2 for profit
AscendasIndR @ 0.92 sold at 0.93 for profit
Midas @ 0.965 sold at 0.98 for profit
BH Global @ 0.285 sold at 0.295 for profit
Anchun @ 0.23 sold at 0.24 for profit
Tigerair @ 1.82 cut at 1.80 at loss (partial mistake for closing the trade, can hold longer actually)