Live Trading News » Shayne Heffernan

Wells Fargo & Co (NYSE:WFC) Trade Alert

Shayne Heffernan — Thu, 23 May 2013 13:20:10 +0000

Wells Fargo & Co (NYSE:WFC) Trade Alert Shayne Heffernan rates Wells Fargo & Co (NYSE:WFC) as the only major US bank worth owning, but the price will be falling today as the market sells off. Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bullish An engulfing bearish line occurred (where a black candle’s [...]

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China Economy in for a Shock

Shayne Heffernan — Thu, 23 May 2013 12:15:31 +0000

China Economy in for a Shock Thursday’s PMI revived investor worries about whether China can sustain an economic revival this year, after annual growth slumped to a 13-year trough in 2012. China’s factory output and investment performance for April released earlier this month had already underwhelmed markets. The run of dismal data reports have prompted [...]

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Tokyo Stocks Back to Reality

Shayne Heffernan — Thu, 23 May 2013 12:07:19 +0000

Tokyo Stocks Back to Reality Tokyo share prices plunged more than seven percent Thursday on record volumes as investors rushed to take profit following weak Chinese data and after months of climbing. The Nikkei 225 index at the Tokyo Stock Exchange closed down 7.32 percent, or 1,143.28 points, to 14,483.98, while the Topix index of [...]

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Gold Price News

Shayne Heffernan — Thu, 23 May 2013 09:19:29 +0000

MARKET PULSE US: USD Index Touches Almost 3-Year High before Jobs, Home Data. CHINA PMI dropped to 49.6 for May, the lowest since October (Below 50) . US Bernanke said yesterday the Fed may taper monthly bond purchases. GOLD: ETP assets fell 10.27 MT to 2,177.12 yesterday, (Down 454.8 MT in 2013) GOLD: Fall in [...]

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Dow Jones Industrial Average (INDEXDJX:.DJI) Short Sell Alert

Shayne Heffernan — Wed, 22 May 2013 15:02:25 +0000

Dow Jones Industrial Average (INDEXDJX:.DJI) Short Sell Alert Shayne Heffernan takes a look at the Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI) Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bullish A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance [...]

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The Gold Price Report

Shayne Heffernan — Wed, 22 May 2013 13:30:56 +0000

Before April’s gold sell off, outflows from ETFs were already obvious, accounting for the bulk of the drop in world gold demand, data from the report show. The significant outflows of ETF gold holdings in the quarter were due to speculative investors taking profits in the wake of high prices seen in the second half [...]

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Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG) Trade Alert

Shayne Heffernan — Wed, 22 May 2013 13:29:47 +0000

Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG) Trade Alert Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish. Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG) is [...]

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Bergio International, Inc. (OTCMKTS:BRGO) Trade Alert

Shayne Heffernan — Wed, 22 May 2013 13:20:52 +0000

Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 27.7778. This is not an overbought or oversold reading. The last signal was a buy 4 period(s) ago. Relative Strength Index (RSI) The RSI shows overbought (above 70) and oversold [...]

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Federal National Mortgage Association (OTCBB:FNMA) Trade Alert

Shayne Heffernan — Wed, 22 May 2013 13:20:25 +0000

Federal National Mortgage Association (OTCBB:FNMA) Trade Alert Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bullish FANNIE MAE closed above the upper Bollinger band by 12.1%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is [...]

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Carbon Credits International Inc (OTCMKTS:CARN) Trade Alert

Shayne Heffernan — Wed, 22 May 2013 13:14:31 +0000

Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Bollinger Bands are 86.50% narrower than normal. The narrow width of the bands suggests low volatility as compared to CARBON CREDITS’s normal range. Therefore, the probability of volatility increasing with a sharp price move lower has increased for the near-term. CARBON CREDITS is currently [...]

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Singapore Stock Exchange Preview

Shayne Heffernan — Sun, 19 May 2013 19:25:58 +0000

Singapore Stock Exchange Preview Shayne Heffernan takes a look at the trading week ahead in Singapore Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish An engulfing bearish line occurred (where a black candle’s real body completely contains the previous white candle’s real body). The engulfing bearish pattern is bearish during an uptrend [...]

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Singapore Dollar Weekly Preview

Shayne Heffernan — Sun, 19 May 2013 19:02:36 +0000

Singapore Dollar Weekly Preview Shayne Heffernan takes a look at Singapore Dollar trading for the week ahead. The Singapore dollar is undervalued next to the USD for now, a break above 1.26 is where I will recommence selling USD and buying SGD Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bearish Singapore Dollar [...]

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Thailand: Thai Baht Outlook

Shayne Heffernan — Sun, 19 May 2013 18:51:10 +0000

Thailand: Thai Baht Outlook Shayne Heffernan takes a look at the Thai Baht trading for the week ahead. Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bearish The Thai Baht is currently 1.2% below its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility [...]

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Australian Dollar Outlook

Shayne Heffernan — Sun, 19 May 2013 14:10:29 +0000

Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Australian Dollar is currently 6.2% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility [...]

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Key West Summer Fishing Adventures

Shayne Heffernan — Sun, 19 May 2013 13:59:23 +0000

Key West Party boat fishing is group fishing at it’s finest in the Florida Keys. In order to save you, the lucky fisherman, money on your party boat fishing trip, and still provide a great Key West fishing experience, we book a group of fishermen on a single chartered fishing trip, which lowers your cost [...]

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Platinum Technical Outlook

Shayne Heffernan — Sun, 19 May 2013 13:43:16 +0000

Platinum Technical Outlook Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting [...]

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USD/ZAR South African Rand Outlook

Shayne Heffernan — Sun, 19 May 2013 13:34:30 +0000

USD/ZAR South African Rand Outlook Shayne Heffernan takes a look at the USD/ZAR USD/ZAR closed above the upper band by 10.6%. Although prices have broken the upper band and an upside breakout is possible, the most likely scenario is for the current trading range that ZAR is in to continue for now but reverse and [...]

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OECD and the Current Financial Crisis

Shayne Heffernan — Sun, 19 May 2013 09:55:25 +0000

Income inequality increased by more in the first three years of the crisis to the end of 2010 than it had in the previous twelve years, before factoring in the effect of taxes and transfers on income, according to new OECD report and data. The analysis says that the welfare state has cushioned the blow [...]

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Wave Power China Green Energy

Shayne Heffernan — Thu, 16 May 2013 15:29:55 +0000

Wave Power China Green Energy During last week, Eco Wave Power’s founders, Mr. David Leb (Founder and CEO) and Ms. Inna Braverman (Co-Founder & Marketing Director) arrived to Kempinski Hotel in Beijing in order to sign an initial collaboration agreement between EWP and a Chinese Governmental fund. The agreement was executed in an official signing [...]

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ASEAN Stock Exchange Preview

Shayne Heffernan — Tue, 14 May 2013 20:03:24 +0000

ASEAN Stock Exchange Preview Singapore The FTSE Straits Times Index (STI) ended +3.80 points higher or +0.11% higher to 3,432.76, taking the year-to-date performance to +8.39%. The FTSE ST Mid Cap Index gained +0.25% while the FTSE ST Small Cap Index gained +0.08%. The top active stocks were GoldenAgri (+5.66%), Singtel (+1.79%), DBS (-0.06%), THBev [...]

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The Gold Price Report

Shayne Heffernan — Tue, 14 May 2013 08:13:16 +0000

The Gold Price Report Shayne Heffernan takes a look at Gold Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Funds like HeffCap’s Metals Funds that have built a unique portfolio of Metals and Metal related derivatives and equities are set to see strong growth for the next few years. MARKETS Gold rose [...]

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Oil Price Continues Higher

Shayne Heffernan — Fri, 10 May 2013 13:12:43 +0000

Crude Oil (Jun 13) intraday: the bias remains bullish. Pivot: 94.85 Our preference: LONG positions above 94.85 with 96.75 & 97.2 in sight. Alternative scenario: The downside penetration of 94.85 will call for 93.7 & 92.95. Comment: the RSI is mixed and calls for caution. Opinion published is an intraday view. Green Lines Represent Resistance [...]

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Change Your Life, Become a Professional Trader

Shayne Heffernan — Fri, 10 May 2013 10:55:53 +0000

Change Your Life, Become a Professional Trader Live on the beach, travel where ever you want, never have to worry about reporting in to the office, more than a dream it is a reality for many. While I am involved on a variety of business activities there is only one that delivers freedom of choice [...]

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ASEAN Stock Exchange Preview

Shayne Heffernan — Wed, 08 May 2013 20:02:23 +0000

Thailand Tevin Vongvanich, President and Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP), revealed that the company’s investment feasibility study has been underway in Papua New Guinea. He stated that the plan was conceived to help Thailand achieve energy security in the future when local demand is expected to surpass domestic [...]

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China Gold Fund

Shayne Heffernan — Wed, 08 May 2013 11:54:05 +0000

China Gold Fund HeffCap is launching a new China Gold Fund CFD, great protection in the current economic environment after the success of their Metals, Currencies and Private Equity Funds. There also CFD funds focused on Metals, Agriculture and Currencies, here is how they work. Contract for Difference, or CFDs as they are commonly known, [...]

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ASEAN Stock Exchange Preview

Shayne Heffernan — Mon, 06 May 2013 19:49:08 +0000

ASEAN Stock Exchange Preview Be selective in ASEAN today, China’s services sector slowed sharply in April to its lowest point since August 2011, a private sector survey showed on Monday – fresh evidence of rising risks to a revival in the world’s No.2 economy. The HSBC services Purchasing Managers’ Index (PMI) fell to 51.1 in [...]

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ASX Hot Stocks: Iluka Resources Limited (ASX:ILU), Medusa Mining Limited (ASX:MML)

Shayne Heffernan — Mon, 06 May 2013 19:30:35 +0000

Iluka Resources Limited (ASX:ILU), Medusa Mining Limited (ASX:MML) If you are trading in Australia here are 2 that are still value. Iluka Resources Limited (ASX:ILU) Iluka Resources Limited is the producer of zircon globally and producer of the titanium dioxide products of rutile and synthetic rutile, with operations in Australia and Virginia, United States. It [...]

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China Lumena New Materials Corp (HKG:0067) Upgraded

Shayne Heffernan — Mon, 06 May 2013 19:22:41 +0000

China Lumena New Materials Corp (HKG:0067) Upgraded Shayne Heffernan has Upgraded China Lumena New Materials Corp (HKG:0067) to a buy with a 2014 price target of $2HKD. China Lumena New Materials Corp (HKG:0067). is an investment holding company. The Company is engaged in the mining, processing, manufacturing and sale of powder thenardite, specialty thenardite and [...]

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Asset Bubbles Form as Money Printing Continues

Shayne Heffernan — Mon, 06 May 2013 10:03:30 +0000

Asset Bubbles Form as Money Printing Continues Asia Last month, the Bank of Japan announced it would pump the equivalent of $1.4 trillion into the economy over the next two years, administering unprecedented financial shock treatment to end two decades of stagnation through bold monetary expansion. The U.S. Federal Reserve and the Bank of England [...]

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Japan Invests in Saudi Arabia

Shayne Heffernan — Sun, 05 May 2013 18:57:29 +0000

Japan Invests in Saudi Arabia Japanese investors held talks with their Saudi counterparts on the sidelines of the recent official visit of Japanese Premier Shinzo Abe to the Kingdom. This was stated by Professor Etsura Honda, economic adviser to the premier. “The two parties discussed many opportunities in view of the important role trade plays [...]

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Jakarta Stock Exchange Preview

Shayne Heffernan — Sun, 05 May 2013 16:10:52 +0000

Jakarta Stock Exchange Preview Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Jakarta Stock Exchange is currently 11.3% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out [...]

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Singapore Stock Exchange Preview

Shayne Heffernan — Sun, 05 May 2013 16:04:33 +0000

Singapore Stock Exchange Preview Shayne Heffernan takes a look at the week ahead in Singapore The FTSE Straits Times Index (STI) ended -32.49 points lower or -0.95% lower to 3,369.90, taking the year-to-date performance to +6.40%. The FTSE ST Mid Cap Index declined -0.54% while the FTSE ST Small Cap Index declined -0.60%. The top [...]

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Stock Exchange of Thailand Preview SSI, Royal Orchid, Furukawa

Shayne Heffernan — Sun, 05 May 2013 15:50:33 +0000

Stock Exchange of Thailand Preview Shayne Heffernan takes a look at trading this week in Thailand. Best Buys SSI, Royal Orchid, Furukawa Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish SET Index is currently 14.9% above its 200-period moving average and is in an upward trend. Volatility is extremely low when compared [...]

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Vietnam Index Preview

Shayne Heffernan — Sun, 05 May 2013 15:18:33 +0000

Vietnam Index Preview Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish VN Index is currently 10.8% above its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of .VNI [...]

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Imdex Ltd ASX:IMD Upgraded

Shayne Heffernan — Thu, 02 May 2013 19:19:18 +0000

Imdex Ltd ASX:IMD Upgraded Shayne Heffernan has upgraded Imdex Ltd ASX:IMD to a strong buy with a $7.50 2014 price target. Imdex Limited (Imdex) is an Australia-based company. Imdex is principally engaged in manufacturing, sale and rental of a range of drilling fluids and chemicals and down hole instrumentation. It sells drilling fluids and chemicals, [...]

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China State Construction Engineering Corp Ltd 601668 Upgraded

Shayne Heffernan — Thu, 02 May 2013 19:14:12 +0000

China State Construction Engineering Corp Ltd 601668 Upgraded Shayne Heffernan has upgraded China State Construction Engineering Corp Ltd 601668 to a strong buy with a 6 CNY 2014 price target. China State Construction Engineering Corporation Limited specializes in construction industry, real estate industry and international engineering contracting industry. The Company is principally engaged in building [...]

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Roubini: US Fed’s QE is Building a Bubble

Paul A Ebeling Jr — Thu, 02 May 2013 18:08:05 +0000

Roubini: US Fed’s QE is Building a Bubble and Shayne Heffernan on Markets as Global Growth Set for Downgrade Instead of improving the economy, the US Federal Reserve’s ongoing quantitative easing QE is ‘boosting leverage and risk taking,’ which will lead to asset bubbles in the next 2 yrs, warns Nouriel Roubini, economics professor at [...]

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Q2 2013: Growth Disappoints Again

Shayne Heffernan — Thu, 02 May 2013 17:02:38 +0000

In line with Shayne Heffernan’s estimates Q2 2013: Growth disappoints again Rhys Herbert, Senior International Macroeconomist, Lloyds Bank Commercial Banking. Softer data over recent months have tempered confidence about the global economic outlook. However, underpinned by unprecedented monetary stimulus, global expansion continues and is expected to firm in the second half of 2013. The main [...]

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Hot Charts: Gold Price to Fall

Shayne Heffernan — Thu, 02 May 2013 15:53:25 +0000

GOLD (Spot) intraday: the downside prevails. Bollinger Bands are 192.88% wider than normal. The large width of the bands suggest high volatility as compared to Gold Price’s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this [...]

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U.S. Workers Increasingly Worried about Pay

Shayne Heffernan — Thu, 02 May 2013 13:03:34 +0000

American workers are increasingly worried about their income and benefits security, as well as their employability, with aggregated concerns regarding these issues showing a slight increase since last month (from 56% in March to 57% in April). This combined measure shows a strong and increasing concern, particularly among older and higher income workers, while individual [...]

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Sell in May Has Begun

Shayne Heffernan — Wed, 01 May 2013 19:41:31 +0000

Sell in May and go away is historically good advice, last year and again this year I strongly recommended selling in April (actually I have been selling for most of March as well). Why am I so pessimistic about markets now? Very simply the market is not at work in our current numbers, bureaucracy is, [...]

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Best Hedge Funds 2013

Shayne Heffernan — Wed, 01 May 2013 11:42:13 +0000

Best Hedge Funds 2013 Working with some of the World’s largest financial institutions HCM’s goal is to provide portfolio returns that exceed the S&P 500 Index benchmark while providing lower volatility of returns than the benchmark. As Warren Buffett has said, “Look at market fluctuations as your friend rather than your enemy; profit from folly [...]

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SPX Corporation (NYSE:SPW) Earnings and Dividends

Shayne Heffernan — Wed, 01 May 2013 11:22:48 +0000

SPX Corporation (NYSE:SPW) Earnings and Dividends Earnings Per Share from Continuing Operations of $0.20 Progress on Previously Announced $450 Million Capital Allocation Plans Dividend: On February 21, 2013, the company announced that its Board of Directors had declared a quarterly dividend of $0.25 per common share to shareholders of record on March 14, 2013, which [...]

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Las Vegas Sands NYSE:LVS in Hollywood Movie Deal

Shayne Heffernan — Wed, 01 May 2013 11:13:53 +0000

Las Vegas Sands’ China arm is licensing Dreamworks characters for a new attraction at one of its Macau casino resorts. Executives said Sands China would be able to use characters like Shrek and Kung Fu Panda’s Po for an attraction at the resort starting July 1. They released few details but said one idea could [...]

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Central China Real Estate Ltd HKG:0832 a Buy

Shayne Heffernan — Tue, 30 Apr 2013 19:54:11 +0000

Central China Real Estate Ltd HKG:0832 a Buy Central China Real Estate Ltd announced that the Board has recommended the payment of a final dividend for 2012 at HK8.0 cents (equivalent to approximately RMB6.45 cents) (2011: HK10.0 cents) to the shareholders whose names appear on the register of members on May 30, 2013. Subject to [...]

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Gold Price Technical Outlook

Shayne Heffernan — Tue, 30 Apr 2013 11:39:18 +0000

Gold Price Technical Outlook The Gold Price closed above the lower band by 50.0%. Bollinger Bands are 220.23% wider than normal. The large width of the bands suggest high volatility as compared to PREC.M.XAU=’s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the [...]

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The McGraw-Hill Companies (NYSE:MHP) Analysis

Shayne Heffernan — Tue, 30 Apr 2013 11:29:59 +0000

McGraw Hill Financial Reports 1st Quarter Results Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Our volume indicators reflect volume flowing into and out of MHP at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on MHP and have had this outlook for the last 33 periods. HeffCap [...]

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Euro Crisis Data Points to Continued Contraction

Shayne Heffernan — Tue, 30 Apr 2013 11:18:36 +0000

Spain fell deeper into recession in the first three months of the year, the seventh straight quarter it has seen its economy shrink, data showed on Tuesday. Rising exports and weaker imports, reported separately, provided some relief by cutting the trade deficit. The data showing further contraction will add to a Europe-wide debate about whether [...]

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Debt to Slow Growth in South Korea

Shayne Heffernan — Tue, 30 Apr 2013 11:12:37 +0000

Debt to Slow Growth in South Korea Debt ratio among South Korea’s 295 public agencies topped 200 percent last year, boosting worries about over-indebtedness among the state-run agencies, finance ministry data showed Tuesday. The debt-to-equity ratio for public agencies averaged 207.5 percent as of the end of 2012, up from 193.7 percent in the prior [...]

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Shayne Heffernan: How to Develop an Inflation Hedge 2013

Shayne Heffernan — Sun, 28 Apr 2013 12:01:23 +0000

Shayne Heffernan: How to Develop an Inflation Hedge 2013 QE1, QE2, QE3, the Bernanke “Twist” and QE4 are pumping out money at a rate never before seen in history. The Fed will not only generate US inflation but it will be exporting that inflation to the rest of the World, especially emerging markets. It is [...]

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What is the ASEAN Economic Community?

Shayne Heffernan — Sun, 28 Apr 2013 12:00:02 +0000

Shayne Heffernan takes a look at the ASEAN Economic Community and how it will change South East Asia The ASEAN Economic Community as the economic community is known, is a strategy to boost the region’s economic clout. A blueprint adopted in November 2007 sets targets and timelines to fuse the 10 disparate Southeast Asian countries [...]

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The Fed Prepares for a European Meltdown

Shayne Heffernan — Fri, 26 Apr 2013 17:10:12 +0000

The Fed Prepares for a European Meltdown At first sight it is easy enough to dismiss The Fed’s latest rule as xenophobic nonsense, after all the big financial disasters have been home made, Madoff, Sub-Prime, Enron to name but a few, but on closer inspection of the rule you can see it actually has a [...]

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US GDP Shows Slowing Growth, Sell in May and Go Away?

Shayne Heffernan — Fri, 26 Apr 2013 13:28:42 +0000

US GDP Shows Slowing Growth, Sell in May and Go Away? US Commerce Department said gross domestic product expanded at a 2.5 percent rate, increasing from 0.4 percent in the fourth quarter in line with HeffCap estimates but well below the consensus estimates. The data proves that doubts about the ability of the economy to [...]

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The Metals Hedge Fund: Inflation Protection

Shayne Heffernan — Fri, 26 Apr 2013 11:40:54 +0000

The Metals Hedge Fund: Inflation Protection Funds like HeffCap’s Metals Funds that have built a unique portfolio of Metals and Metal related derivatives and equities are set to see strong growth for the next few years. Marc Faber, S&P 500 Could Decline 40% Last month Economist Shayne Heffernan said, Sell in May, but start in [...]

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ASEAN Stock Exchange Preview

Shayne Heffernan — Thu, 25 Apr 2013 20:06:22 +0000

iShares MSCI Malaysia Index Fund (EWM), iShares MSCI Indonesia Investable Market Index Fund (EIDO), iShares MSCI Singapore Index Fund (EWS), Market Vectors Indonesia Index ETF (IDX), iShares MSCI Thailand Index Fund (THD), Market Vectors Vietnam ETF (VNM) Southeast Asia’s efforts to create a single market by 2015 are in their hardest phase owing to protectionist [...]

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Indonesia Dividend Stocks: Lippo Karawaci

Shayne Heffernan — Thu, 25 Apr 2013 18:39:19 +0000

Indonesia Dividend Stocks: Lippo Karawaci Lippo Karawaci, one of the country’s largest property developers, remains optimistic on the business environment in Indonesia and is paying its investors Rp 270 billion ($28 million) in dividends this year. “Indonesia’s economic prospect shows positive trend and foreign and domestic investment continue to grow,” said Ketut Budi Wijaya, president [...]

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Currency Wars Pressure Emerging Markets

Shayne Heffernan — Thu, 25 Apr 2013 18:33:58 +0000

International rating agency Standard & Poor’s warns that although Asia’s emerging economies, including Indonesia, remain strong, growth relies on demand from advanced economies and would not be optimal in 2013. In statement obtained in Jakarta on Thursday, Standard & Poor’s ratings service said that its latest report, “Emerging Asia Will Grow But Won’t Be Firing [...]

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South Korea Over Stated by Bank of Korea

Shayne Heffernan — Thu, 25 Apr 2013 18:26:57 +0000

South Korea Over Stated by Bank of Korea The Bank of Korea and the Ministry of Strategy and Finance seem to be at odds over the country’s growth prospects, raising the possibility of another round of debate over the key base rate. The central bank announced Thursday better-than-expected gross domestic product on-quarter growth of 0.9 [...]

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OluKai 5th Annual Ho’olaule’a Ocean Festival

Shayne Heffernan — Thu, 25 Apr 2013 14:12:22 +0000

OluKai 5th Annual Ho’olaule’a Ocean Festival Attracts World-Class Paddlers and All-Star Musical Line-Up Elite Stand Up Paddle Competition Scheduled for May 11-12, 2013 Next month OluKai kicks off its 5th annual Ho’olaule’a on May 11-12 in Maui, Hawaii. This unique ocean festival brings together the world’s best paddlers to race the legendary 8-mile Maliko downwind [...]

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Euro Crisis Continues to Worsen

Shayne Heffernan — Thu, 25 Apr 2013 11:57:15 +0000

Euro Crisis Continues to Worsen According to findings from the polling organization, Eurobarometer, a growing number of nationals in Spain, Britain, Germany, France, Italy and Poland have lost their trust in the EU, the Guardian reported on Wednesday. The surveyed countries jointly account for almost 350 million of the EU’s population of about 500 million. [...]

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ASEAN Stock Exchange Preview

Shayne Heffernan — Wed, 24 Apr 2013 20:10:15 +0000

ASEAN Stock Exchange Preview ASEAN Stocks are some of the stocks actively traded in the HeffCap Dividend Focused CFD Fund, great protection in the current economic environment after the success of their Metals, Currencies and Private Equity Funds. Durable goods orders slumped 5.7 percent as demand fell almost across the board, the Commerce Department said [...]

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U.S. Oil & Gas Target of Foreign Investors

Shayne Heffernan — Wed, 24 Apr 2013 17:22:27 +0000

U.S. Oil & Gas Target of Foreign Investors Foreign Buyers Prop Up Deal Activity in the U.S. Oil & Gas Industry as Private Equity Pauses During First Quarter 2013, According to PwC US Q1 2013 Deal Volume and Value Increases Year-Over-Year Shale Deals Comprised 46% of Total Deal Volume The acceleration of deals at the [...]

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New Buy Out Fund Launched in Asia

Shayne Heffernan — Wed, 24 Apr 2013 05:01:14 +0000

New Buy Out Fund Launched in Asia The objective of the Fund is to achieve capital appreciation with optimum returns, within controlled levels of risk, over the medium to short term by investing in buyouts and build-ups and growth equity investments. The Fund will only target rapidly growing companies that are profitable, have proven business [...]

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Huawei Technology Co Ltd (SHE:002502) to Take on Apple NASDAQ:AAPL and Samsung

Shayne Heffernan — Wed, 24 Apr 2013 04:30:30 +0000

Huawei Technology Co Ltd (SHE:002502) to Take on Apple NASDAQ:AAPL and Samsung Huawei Technologies plans to expand its presence in the smartphone industry, intensifying competition in a market dominated by “superheroes” Apple and Samsung. “We want to be a leading smartphone brand in the world,” C.T. Johnson, Huawei’s corporate controller, told the Huawei Global Analyst [...]

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ASEAN Stock Exchange Preview

Shayne Heffernan — Tue, 23 Apr 2013 18:52:55 +0000

Sixteen Asia-Pacific countries are set to start talks next month on a free trade zone that would cover over half the world’s population, according to a document obtained by AFP on Tuesday. The start of negotiations for the Regional Comprehensive Economic Partnership (RCEP) are planned despite deep rifts among potential members, including China, Japan and [...]

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ASEAN Stock Market Preview

Shayne Heffernan — Mon, 22 Apr 2013 19:41:17 +0000

Malaysia At Bursa Malaysia, Maybank rose seven sen to RM9.77, pushing the KLCI up 1.08 points, Public Bank foreign added 12 sen to RM16.38, Hong Leong Capital 11 sen higher at RM4.48, HL Bank added six sen to RM14.46, Public Bank four sen to RM16.32 and AMMB three sen to RM6.52. UMW and Petronas Dagangan [...]

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Wealth in Asia

Shayne Heffernan — Mon, 22 Apr 2013 17:18:23 +0000

New report finds that many asset rich households in Asia are retiring income poor However, research reveals that the relatively vast sums of personal wealth accrued by households in Asia provide a solid foundation for generating retirement income if efficiently mobilized Manulife Asset Management recently issued a report that analyses the retirement income security of [...]

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Shipping News in Japan

Shayne Heffernan — Mon, 22 Apr 2013 09:59:54 +0000

Shares in Japan’s Mitsui Engineering & Shipbuilding surged Monday following a report that it had started merger talks with Kawasaki Heavy Industries. The leading Nikkei business daily said a merger between the shipbuilders would create a firm with almost 2.0 trillion yen (US25 billion) in annual sales, putting it in second spot behind Japan’s Mitsubishi [...]

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Looking for value stocks? Try using a map

Shayne Heffernan — Sun, 21 Apr 2013 16:45:37 +0000

From Warren Buffet to Sir John Templeton, the concept of value investing — finding equities that represent bargains — has been around for decades. But could this idea be used to group stocks according to country? A recent Thomson Reuters StarMine study suggests that the value approach may help identify nations that are attractive for [...]

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Warren Buffett and BYD Company Limited (HKG:1211) Make a Comeback

Shayne Heffernan — Sat, 20 Apr 2013 15:15:56 +0000

Warren Buffett and BYD Company Limited (HKG:1211) Make a Comeback China’s BYD mulls leaner, greener ‘rebirth’ plan SHANGHAI: BYD Co, one of the better-known Chinese brands thanks to a stake held by billionaire US investor Warren Buffett, may stop making conventional petrol-fuelled cars within two years and focus on “new energy” battery models as part [...]

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Dividend Focused CFD Fund

Shayne Heffernan — Sat, 20 Apr 2013 05:16:29 +0000

Dividend Focused CFD Fund HeffCap is launching a new Dividend Focused CFD Fund, great protection in the current economic environment after the success of their Metals, Currencies and Private Equity Funds. There also funds focused on Metals, Agriculture and Currencies, here is how they work. Contract for Difference, or CFDs as they are commonly known, [...]

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Bank of Thailand and the Thai Baht

Shayne Heffernan — Fri, 19 Apr 2013 20:20:51 +0000

Bank of Thailand and the Thai Baht Economist and Hedge Fund Manager Shayne Heffernan takes a look at the Thai Baht. The Thai Baht has taken the path we suggested last year, in fact when I spoke to former Prime Minister in 2011 I informed him I had estimated that by 2015 the Thai Baht [...]

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Vietnam Cuts Taxes

Shayne Heffernan — Fri, 19 Apr 2013 19:47:39 +0000

Vietnam Cuts Taxes Vietnam announced a plan to cut corporate income tax to 22% from the current 25% starting 2014. It will reduce the taxes from January 1 and plans to bring it down further to 20$ in the 2016-2020 period. The new rate of 22 percent will apply to small and medium sized enterprises [...]

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General Electric Company (NYSE:GE) Trading Outlook

Shayne Heffernan — Fri, 19 Apr 2013 13:45:28 +0000

General Electric Company (NYSE:GE) Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bullish Bollinger Bands are 40.15% narrower than normal. The narrow width of the bands suggests low volatility as compared to GE’s normal range. Therefore, the probability of volatility increasing with a sharp price move lower has increased for the near-term. The [...]

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Singapore SembCorp Score Big in UK

Shayne Heffernan — Fri, 19 Apr 2013 11:07:39 +0000

Shayne Heffernan strong buy SembCorp Industries the Singapore listed conglomerate has had a major win in the UK SITA SEMBCORP UK, a consortium led by SITA UK, a subsidiary of SUEZ ENVIRONNEMENT, has been selected as preferred bidder for a resource recovery contract worth €1.4 billion[1] over 30 years with the Merseyside Recycling and Waste [...]

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Green Mining and Anglo American plc (ADR) (PINK:AAUKY)

Shayne Heffernan — Fri, 19 Apr 2013 10:58:49 +0000

Anglo American will launch its Sustainable Development Report 2012, “Creating Value with the Future in Mind”, at today’s annual general meeting in London. The report details Anglo American’s sustainable development performance for 2012, highlighting how long-term thinking helps to generate wealth, mitigate environmental harm, combat poverty and promote development in the communities in which we [...]

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Bank of Japan Defends Currency War

Shayne Heffernan — Fri, 19 Apr 2013 10:30:16 +0000

Bank of Japan Defends Currency War Bank of Japan Governor Haruhiko Kuroda said Thursday he intends to attempt the impossible, that is, to explain to fellow members of the Group of 20 major economies that Japan’s bold monetary easing isn’t aimed at cheapening the yen. The finance ministers and central bankers of the G-20 are [...]

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No Bull, It’s a Bubble

Shayne Heffernan — Mon, 15 Apr 2013 10:34:51 +0000

No Bull, It’s a Bubble Shayne Heffernan on Markets as Global Growth Set for Downgrade As I have warned a number of times we are not in a Bull Market, we are in a Central Bank Bubble. There is no underlying rally in commodities to support a move forward in the global economic outlook, in [...]

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Asia Pacific Economic Update

Shayne Heffernan — Mon, 15 Apr 2013 07:38:25 +0000

Asia Pacific economies will grow 7.8 percent this year on robust domestic demand, the World Bank said, but it warned countries to guard against overheating in credit and asset prices. The forecast is up from 7.5 percent last year, but the bank said in its latest East Asia and Pacific Update report that expansion would [...]

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Singapore Stock Exchange Preview

Shayne Heffernan — Sun, 14 Apr 2013 17:46:01 +0000

Singapore Stock Exchange Preview The Singapore dollar slid as much as 0.2 percent to 1.2393 against the U.S. dollar Friday. The Monetary Authority of Singapore (MAS) lowered its inflation forecast for 2013 to 3 percent to 4 percent from the previous range of 3.5 percent to 4.5 percent and cut its outlook for core inflation [...]

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Stock Exchange of Thailand Preview

Shayne Heffernan — Sun, 14 Apr 2013 17:37:06 +0000

Stock Exchange of Thailand Preview Thai Fund Inc.(NYSE:TTF) Public Holidays The Stock Exchange of Thailand Index is currently 13.0% above its 200-period moving average and is in an downward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and [...]

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Singapore Stocks Weekly Summary

Shayne Heffernan — Sat, 13 Apr 2013 16:32:41 +0000

Singapore Stocks Weekly Summary The FTSE Straits Times Index (STI) ended -14.61 points lower or -0.44% lower to 3,294.19, taking the year-to-date performance to +4.01%. The FTSE ST Mid Cap Index gained +0.57% while the FTSE ST Small Cap Index declined -0.23%. The top active stocks were GLP (+1.44%), Singtel (-1.11%), DBS (+0.13%), Mapletree GCC [...]

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Japan Recognized as Currency Manipulator, Yen to Rally

Shayne Heffernan — Sat, 13 Apr 2013 16:28:13 +0000

Japan Recognized as Currency Manipulator, Yen to Rally The massive scale of the BOJ’s stimulus pushed the yen to a four-year low against the dollar this week and has jolted Japanese bond prices, with the 10-year bond yield rebounding to 0.635 percent on Friday from a record low of 0.315 percent hit last week after [...]

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Research In Motion Ltd (NASDAQ:BBRY) Trading Preview

Shayne Heffernan — Fri, 12 Apr 2013 11:19:11 +0000

Research In Motion Ltd (NASDAQ:BBRY) Trading Preview Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bullish Research In Motion Ltd (NASDAQ:BBRY) slipped about 8 percent on Thursday as analysts questioned whether the handset maker’s turnaround plan would succeed in the brutally competitive smartphone market. Discounting of the Z10, its recent handset meant to [...]

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Euro Crisis: Banks Face Ruin

Shayne Heffernan — Fri, 12 Apr 2013 10:17:49 +0000

Europe’s banks are facing an uncertain future, money has been departing the region for 5 years, Government aid has been too little to late and Cyprus has set an ugly precedent for sovereign debt. What is clear is that many banks in Europe are being squeezed out of business and the ECB has no method [...]

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Global Unemployment on the Rise

Shayne Heffernan — Thu, 11 Apr 2013 04:03:28 +0000

Looking at the medium-term, the forecast global economic recovery is not expected to be strong enough to bring down unemployment quickly, and the number of jobseekers is expected to rise to more than 210 million over the next five years. The labour market situation remains particularly bleak for the world’s youth, with almost 74 million [...]

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ASEAN Stock Exchanges Preview

Shayne Heffernan — Wed, 10 Apr 2013 19:46:18 +0000

China’s foreign trade growth continued to pick up in the first quarter, as the country’s supportive policies initiated last year began to take effect amid the improving economy. In the first quarter, China’s foreign trade – exports and imports combined – increased 13.4 percent year-on-year to $974.67 billion, faster than the country’s 6.2-percent trade growth [...]

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PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) Technical Update

Shayne Heffernan — Wed, 10 Apr 2013 12:16:06 +0000

PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) Technical Update Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish Bollinger Bands are 65.76% narrower than normal. The narrow width of the bands suggests low volatility as compared to PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) ‘s normal range. Therefore, the probability of volatility increasing [...]

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ASEAN Stock Exchanges Preview

Shayne Heffernan — Tue, 09 Apr 2013 19:32:48 +0000

Singapore CapitaLand’s serviced residence business unit, The Ascott Limited (Ascott), said on Monday that it has secured a contract to manage its first serviced residence in Nanjing, China. The contract was awarded by Nanjing Lek Yuen Property Development Company Limited, a major property developer in Nanjing. The Ascott said Citadines Baijia Lake Nanjing will have [...]

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Mount Gibson Iron Limited (ASX:MGX) to Move Higher

Shayne Heffernan — Tue, 09 Apr 2013 18:50:32 +0000

Mount Gibson Iron Limited (ASX:MGX) to Move Higher Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 50.0000. This is not an overbought or oversold reading. The last signal was a buy 1 period(s) ago. Relative Strength Index (RSI) [...]

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Dow Jones Industrial Average (INDEXDJX:.DJI) Technicals Point to Fall

Shayne Heffernan — Tue, 09 Apr 2013 14:49:10 +0000

Dow Jones Industrial Average (INDEXDJX:.DJI) Technicals Point to Fall Bollinger Bands are 56.08% narrower than normal. The narrow width of the bands suggests low volatility as compared to Dow Jones Industrial Average (INDEXDJX:.DJI)’s normal range. Therefore, the probability of volatility increasing with a sharp price move lower has increased for the near-term. The bands have [...]

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ADB Warns on Political Risk in Asia

Shayne Heffernan — Tue, 09 Apr 2013 04:20:09 +0000

Economic growth in developing Asia is picking up, underpinned by China’s rebound and strength in countries such as Indonesia, the Asian Development Bank said in a report Tuesday, while warning that political disputes pose an increased threat to growth. AFP PHOTO The Manila-based lender’s 2013 Asian Development Outlook said some big dangers to regional growth [...]

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ASEAN Market Preview

Shayne Heffernan — Mon, 08 Apr 2013 18:40:30 +0000

Singapore Singapore’s foreign exchange reserves stood at US$258.17 billion (S$320.44 billion) in March, down slightly from US$259.14 billion in February, the Dow Jones news agency reported, citing data from the Monetary Authority of Singapore. In Singapore dollar terms, the foreign exchange reserves were at S$320.21 billion in March, compared with S$320.73 billion in February, the [...]

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Bank of America Corp (NYSE:BAC) Weekly Trading Preview

Shayne Heffernan — Mon, 08 Apr 2013 13:31:10 +0000

Bank of America Corp (NYSE:BAC) Weekly Trading Preview Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish Bank of America Corp (NYSE:BAC) is currently 21.5% above its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is [...]

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Vietnam Stock Exchange Preview

Shayne Heffernan — Sun, 07 Apr 2013 16:49:04 +0000

Market Vectors Vietnam ETF. (NYSEARCA:VNM) Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Vietnam Stock Exchange is currently 18.7% above its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into [...]

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South Korea Economic Update

Shayne Heffernan — Sun, 07 Apr 2013 07:23:30 +0000

South Korea’s economy is recovering at a slower pace than expected amid still weak exports growth and sluggish job creation, a state-run think tank said Sunday. South Korea’s economic growth rate for this year is expected to beat the government’s estimate on the back of its economic stimulus measures including an extra budget, analysts said [...]

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Miss Grand Thailand 2013: Promoting World Peace

Shayne Heffernan — Sat, 06 Apr 2013 11:03:04 +0000

Miss Grand Thailand 2013: Promoting World Peace Miss Grand Thailand 2013, part of the new Miss Grand International was the centre of attention in Thailand this week. The contestants, Thailand’s most beautiful young women were at Sofitel So Bangkok, the stunning Christian Lacroix designed amenities were brought to life by the Miss Grand Thailand bikini [...]

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VietinBank Upgraded to a Must Own

Shayne Heffernan — Sat, 06 Apr 2013 10:16:02 +0000

Shayne Heffernan Uprgrades VietinBank to Must Own VietinBank is now among HeffCap’s best stocks to own in ASEAN. S&P raised its long-term issuer credit rating on Vietinbank (security code: CTG) to BB- from B+ with the outlook “stable”… On Dec. 28, 2012, The famous rating agency Standard & Poor’s Ratings Services raised its long-term issuer [...]

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Global Warming Brings $1.8bn Loss to Europe

Shayne Heffernan — Thu, 04 Apr 2013 18:49:27 +0000

Global Warming Brings $1.8bn Loss to Europe Severe winter weather brings $1.8bn economic loss to Europe in March, according to Impact Forecasting global catastrophe report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, today releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils [...]

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Asia’s Best Hedge Funds

Shayne Heffernan — Thu, 04 Apr 2013 09:00:34 +0000

Separately Managed Account (SMA) is a management service designated individually managed by our senior trader and customized to fit your investment objectives. HCM’s customer funds provide superior risk-adjusted returns through proprietary and fundamental analysis to maximize portfolio returns Employ the HCM Process to ascertain the shareholder strength of every security in our selected market. Evaluate [...]

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Huge Sale on Thomson Reuters MetaStock

Shayne Heffernan — Thu, 04 Apr 2013 08:58:07 +0000

Huge Sale on Thomson Reuters MetaStock MetaStock is specifically designed for traders who do their analysis after the markets close (If you are interested in real-time trading, check out MetaStock Pro). Whether you’re an experienced, active trader or just learning how to trade the markets, MetaStock helps you succeed. It contains powerful analysis tools so [...]

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ASEAN Banking Outlook

Shayne Heffernan — Thu, 04 Apr 2013 08:45:36 +0000

Association of Southeast Asian Nations member states need to scrap restrictions and allow their banks to operate across borders within the region if Asean is to achieve financial integration by 2020, according to the Asian Development Bank. An ADB report on the matter was released in Brunei Darussalam as Asean nations’ central bankers held their [...]

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S&P 10% on year, USD Index up 4% and The Fed Keeps Printing

Shayne Heffernan — Wed, 03 Apr 2013 12:40:31 +0000

Shayne Heffernan takes a look at the trading day S&P 10% on year, USD Index up 4% and The Fed Keeps Printing Markets continue to extend on some positive signs in the underlying economic conditions, but once you factor in the The Fed’s excess money supply, Europe’s economic state and the level of global debt, [...]

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Blue Bird IPO Indonesia

Shayne Heffernan — Tue, 02 Apr 2013 18:56:25 +0000

Blue Bird Group has picked Credit Suisse AG and UBS AG to lead its listing which aims to raise at least $250 million, sources said. Blue Bird wants to sell a stake of between 20 percent and 40 percent around the middle of this year, said one of the sources. The Jakarta-based group’s IPO is [...]

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US Manufacturing Drops, EU unemployment 12% , Cyprus asks for time, Germany Near Contraction

Shayne Heffernan — Tue, 02 Apr 2013 12:42:08 +0000

US Manufacturing Drops, EU unemployment 12% , Cyprus asks for time, Germany Near Contraction The Global economy has some serous issues and does not justify the current trading. Gold may fall on a further rally, and again on a major sell off but will hit new highs in 2013 US: The ISM factory index fell [...]

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ASEAN Market Preview

Shayne Heffernan — Mon, 01 Apr 2013 19:24:29 +0000

ASEAN Market Preview Asian markets mostly slipped in holiday-hit trade Monday as investors were unimpressed by a slight improvement in key economic indicators out of China and Tokyo. The yen climbed against the dollar and euro ahead of a Bank of Japan (BoJ) policy meeting this week, while there are lingering concerns about political uncertainty [...]

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China Natural Gas, Inc. (PINK: CHNG) Earnings Review

Shayne Heffernan — Mon, 01 Apr 2013 18:24:22 +0000

China Natural Gas, Inc. (PINK: CHNG) Earnings Review - 2012 Revenue Increases 17.0% Y o Y to $145.3 Million - 2012 Gross Profit Increases 2.7% Y o Y to $49.5 Million China Natural Gas, Inc. (“China Natural Gas” or the “Company”) (PINK: CHNG), a leading provider of compressed natural gas (CNG) for vehicular fuel and [...]

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US Economy Is Stuck In Washington Gridlock

Shayne Heffernan — Mon, 01 Apr 2013 16:23:57 +0000

Survey: Small Business Owners Believe Economy Is Stuck In Washington Gridlock The Small Business Authority Finds Washington’s Uncertainty Has Had Greatest Negative Impact on Economy - Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly [...]

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Tesla Motors Inc (NASDAQ:TSLA) Trading Week Ahead

Shayne Heffernan — Mon, 01 Apr 2013 13:19:28 +0000

Tesla Motors Inc (NASDAQ:TSLA) Trading Week Ahead TSLA has posted a strong pre-market rally this morning. TSLA has posted a positive outlook, but jumping in to this rally may not be the best move, on Friday an engulfing bearish line occurred (where a black candle’s real body completely contains the previous white candle’s real body). [...]

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Philippine Stock Exchange Goes Mobile

Shayne Heffernan — Mon, 01 Apr 2013 10:19:12 +0000

The Philippine Stock Exchange has rolled out an online trading platform meant to expand the country’s thin domestic investor base using technology that stock brokers can collectively use to trade equities “in a totally mobile environment.” The new platform tagged as PSETradex acts like a facilitator for a technology provider, giving broker-dealers the capability to [...]

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Malaysia Hot Stocks: Coastal Contracts Bhd

Shayne Heffernan — Sun, 31 Mar 2013 15:25:16 +0000

Malaysia Hot Stocks: Coastal Contracts Bhd Shayne Heffernan confirms buy rating on Coastal Contracts Bhd 2014 price target of 3MYR. Coastal Contracts Bhd is an investment holding company. The Company is engaged in shipbuilding, ship chartering, repair & maintenance and trading of marine support vessels, serving clientele from offshore oil & gas industry, mining sector, [...]

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Hot Stocks China: China Qinfa Group Ltd HKG:0866

Shayne Heffernan — Sun, 31 Mar 2013 15:17:20 +0000

Hot Stocks China: China Qinfa Group Ltd HKG:0866 China Qinfa Group Ltd HKG:0866 has been upgraded by Shayne Heffernan at HeffCap to a buy with a 2014 target of $2KHD. China Qinfa Group Ltd announced that the Board has recommended a final dividend of HK3.0 cents per Share payable to Shareholders whose names appear on [...]

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Sell in May and Go Away?

Shayne Heffernan — Sun, 31 Mar 2013 08:12:47 +0000

Sell in May and Go Away? Shayne Heffernan says Start in April Sell in May and go away is historically good advice, last year and again this year I strongly recommend selling in April (actually I have been selling for most of March as well). Why am I so pessimistic about markets now? Very simply [...]

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Mobile Banking in Indonesia

Shayne Heffernan — Sat, 30 Mar 2013 14:44:41 +0000

CIMB Niaga, the country’s fifth-largest lender by assets, expects to gather an additional Rp 1 trillion ($103 million) in customer deposits this year thanks to its new cellular-banking services, the lender’s chief executive said this week. On Wednesday, the lender launched a new product, “cellular account,” which allows customers to make banking transactions using their [...]

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Indonesia: Matahari Putra Prima Outperforms

Shayne Heffernan — Sat, 30 Mar 2013 14:41:49 +0000

Shayne Heffernan strong buy Matahari Putra Prima, a hypermarket operator arm of the Lippo Group, on Thursday announced that it had nearly doubled its net income last year, on the back of strong sales from its retail outlet Hypermart. Net income was recorded at Rp 238.5 billion ($24.5 million) in 2012, up 98 percent from [...]

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Dou Po Cang Qiong Will Lift Changyou.Com Ltd (ADR) (NASDAQ:CYOU)

Shayne Heffernan — Fri, 29 Mar 2013 09:52:47 +0000

Dou Po Cang Qiong Will Lift Changyou.Com Ltd (ADR) (NASDAQ:CYOU) Sohu.com Announces Changyou.com Will Begin Open Beta Testing of “Dou Po Cang Qiong” on April 10, 2013 Sohu.com Inc. (NASDAQ: SOHU), China’s leading online media, search, gaming, community and mobile service group, today announced that its online game subsidiary, Changyou.com Limited (“Changyou”) (NASDAQ: CYOU) will [...]

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ASEAN Stock Market and FX Preview

Shayne Heffernan — Wed, 27 Mar 2013 20:32:20 +0000

In China Premier Li Keqiang pledged on Wednesday that quick action will be taken in economic and social reforms in the first year following the national leadership transition in March. Li said at an executive meeting of the State Council that a general plan for the reform of public finance and taxation, and a medium- [...]

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South Korea to Add Stimulus

Shayne Heffernan — Wed, 27 Mar 2013 12:01:34 +0000

South Korea to Add Stimulus iShares MSCI South Korea Index Fund(ETF) (NYSEARCA:EWY) The Ministry of Strategy and Finance headed by Deputy Prime Minister Hyun Oh-seok is set to reveal to the public its stimulus plans on Thursday after a last-minute check with President Park, whose priority is improving job growth in the country entering a [...]

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Cyprus is the Blueprint for Europe

Shayne Heffernan — Wed, 27 Mar 2013 11:47:38 +0000

The euro zone’s shocking seizure in the Cyprus’s bailout must downgrade the bond and equity markets of Europe and shows policymakers overestimate their ability to contain the crisis, credit agency Moody’s said. Cyprus clinched a 10 billion euro bailout from international lenders this week, but its terms have broken with past taboos by seizing up [...]

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Luxembourg Next to Face Euro Collapse

Shayne Heffernan — Wed, 27 Mar 2013 11:35:53 +0000

Luxembourg is trying to saver its large financial sector after a bloated banking system forced Cyprus into seeking a bailout. Land-locked Luxembourg, the European Union’s second-smallest nation with about 500,000 inhabitants, boasts a banking sector about 20 times its annual economic output, which doesn’t even take into account investments funds based there. Cyprus had a [...]

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UK Economy in Ruins

Shayne Heffernan — Wed, 27 Mar 2013 11:31:16 +0000

Britain’s economy contracted by 0.3 percent in the final quarter of 2012, official data confirmed on Wednesday. “UK gross domestic product (GDP) in volume terms was estimated to have decreased by 0.3 percent between the third and fourth quarter of 2012, unrevised from the previous publication,” the Office for National Statistics said in a statement. [...]

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ASEAN Market Preview

Shayne Heffernan — Tue, 26 Mar 2013 20:15:47 +0000

Thailand Thailand’s PTT Group will likely see earnings improve in the first quarter of 2013 on the back of high oil prices, but its full-year results may be hit by narrower refining margins because of continued weakness in demand, analysts said on Wednesday. The state-owned integrated oil, gas and petrochemicals firm late last week reported [...]

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Google Inc (NASDAQ:GOOG) Trading Outlook

Shayne Heffernan — Tue, 26 Mar 2013 12:42:09 +0000

Google Inc (NASDAQ:GOOG) Trading Outlook Shayne Heffernan takes a look at Google Inc NASDAQ:GOOG for the trading week ahead. Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern [...]

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Thailand Auto Production Leads to Long Term Growth

Shayne Heffernan — Tue, 26 Mar 2013 08:31:22 +0000

Shayne Heffernan on Thailand Growth and the Auto Sector. While I am remain concerned about Global Markets, Thailand still stands out as a great long term investment, the Auto Sector is a major contributor to my confidence in Thailand. Over the last decade Thailand has built a strong Auto sector that is growing at a [...]

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America’s Largest Companies Still Fear Stagnation, Public Policy

Shayne Heffernan — Tue, 26 Mar 2013 07:16:45 +0000

Deloitte CFO Signals™ Survey: Despite Greater Optimism, CFOs at America’s Largest Companies Still Fear Stagnation, Public Policy Obstacles CFOs’ caution continues to mirror mixed consumer confidence According to Deloitte’s Q1 CFO Signals™ survey, the current state of the North American economies is both the main driver of growth – and the top impediment. Positive economic [...]

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Singapore a AAA Investment Destination

Shayne Heffernan — Sun, 24 Mar 2013 18:02:06 +0000

Singapore a AAA Investment Destination Economist Shayne Heffernan has maintained his Singapore Dollar and Singapore Banks as a strong buy. Fitch Ratings has affirmed Singapore’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘AAA’. The Outlooks on the ratings are Stable. The agency has also affirmed the Country Ceiling at ‘AAA’ and the [...]

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China Development Forum Economic Outlook

Shayne Heffernan — Sun, 24 Mar 2013 17:46:29 +0000

The China Development Forum, which serves as a significant platform for business and academic leaders to interact with China’s top decision makers and economic planners is underway in China. This year’s forum is scheduled from Saturday to Monday with the theme of “deepening China’s reform and opening up for building a better-off society.” The country [...]

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Singapore Dollar is Still a Buy

Shayne Heffernan — Fri, 22 Mar 2013 10:24:58 +0000

Economist and Fund manager Shayne Heffernan on the SGD SGD is currently 1.0% above its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp [...]

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Portfolio Management Services

Shayne Heffernan — Fri, 22 Mar 2013 10:00:55 +0000

Portfolio Management Services Protect against inflation and currency shifts. Separately Managed Account (SMA) is a management service designated individually managed by our senior trader and customized to fit your investment objectives. HCM’s customer funds provide superior risk-adjusted returns through proprietary and fundamental analysis to maximize portfolio returns Employ the HCM Process to ascertain the shareholder [...]

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Cyprus May Trigger Euro Collapse

Shayne Heffernan — Fri, 22 Mar 2013 09:10:48 +0000

The EU gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone. Cyprus has no chance of raising the funds and a Euro exit is now a real possibility, and [...]

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Green Energy in China

Shayne Heffernan — Fri, 22 Mar 2013 08:56:02 +0000

China has made tremendous progress toward achieving inclusive growth, but major reforms are needed to ensure a fourth decade of rapidly converging living standards and a greener economy, according to the OECD’s latest Economic Survey of China. These reforms include deregulating interest rates, opening markets dominated by state-owned enterprises to competition, increasing the supply of [...]

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South Africa Economic Report

Shayne Heffernan — Fri, 22 Mar 2013 08:50:58 +0000

South Africa must step up efforts to foster strong, inclusive economic growth that creates jobs, according to the OECD’s latest Economic Survey of South Africa. Priorities include a growth-enhancing macroeconomic policy-mix, and better implementation of structural reforms, notably to improve education. The Survey, presented in Pretoria by OECD Secretary-General Angel Gurría and South African Minister [...]

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Genting Bhd Remains a Must Own

Shayne Heffernan — Fri, 22 Mar 2013 05:50:28 +0000

Genting Bhd’s earnings rose 38.9% to RM3.983bil in the financial year ended Dec 31, 2012 compared with RM2.867bil in FY11, boosted by gains from the sale of its Kuala Langat power plant in October 2012. Genting Bhd is looking for a fourth business as it seeks to diversify from gaming and leisure. Genting has three [...]

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Japan Real Estate Takes a Hit

Shayne Heffernan — Thu, 21 Mar 2013 19:55:29 +0000

A government survey showed land prices fell an average 1.8 per cent in 2012 compared with a 2.6 per cent fall in the previous year. The average price of residential land shrank by 1.6 per cent from a 2.3 per cent drop the year before, while the average price of commercial land dipped 2.1 per [...]

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ASEAN Stock Market Preview

Shayne Heffernan — Thu, 21 Mar 2013 19:52:19 +0000

ASEAN Stock Market Preview Another rough day in ASEAN as reality starts to set in and global markets retreat from stimulus highs. Worries about Cypriot finances increased after the European Union gave Cyprus until Monday to raise the billions of euros it needs to get an international bailout, or face the collapse of its financial [...]

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San Miguel Corp. Outperforms

Shayne Heffernan — Thu, 21 Mar 2013 17:16:52 +0000

Shayne Heffernan Must Own stock San Miguel Corp. consolidated net profits surged 57 percent to P27.6 billion ($677.55 million) last year, boosted by strong turnover from new businesses, the top Philippine conglomerate said Thursday. Huge investments in oil refining and distribution as well as power generation were the major drivers, while its older beverage, food [...]

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ASEAN Market Outlook

Shayne Heffernan — Wed, 20 Mar 2013 19:42:23 +0000

ASEAN Market Outlook ASEAN Markets will remain choppy and the likelihood of an EU meltdown is growing. In the USA the economy remains weak and the Fed continues a record level of money printing. Japan is adding to the potential of a financial crisis by also printing trillions in yen. This can not be maintained [...]

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Apple Inc NASDAQ:AAPL will Rise to Samsung Challenge

Shayne Heffernan — Tue, 19 Mar 2013 08:32:15 +0000

Apple Inc NASDAQ:AAPL will Rise to Samsung Challenge Samsung is a great company, one of my favorites and has been a strong buy at Heffcap for many years. And their new products are also great, but, so is Apple Inc NASDAQ:AAPL , in fact a lot of this business Apple invented. I do not expect [...]

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Gold Price Update

Shayne Heffernan — Tue, 19 Mar 2013 07:47:18 +0000

GOLD GOLD (Spot) intraday: further upside. Pivot: 1597.00 Our preference: LONG positions above 1597 with 1611 & 1619 in sight. Alternative scenario: The downside penetration of 1597 will call for a slide towards 1590 & 1584. Comment: the price is holding above its channel support. The upside prevails, as long as 1597 is support. Opinion [...]

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Lake Como Summer School

Shayne Heffernan — Tue, 19 Mar 2013 06:51:18 +0000

Lake Como Summer School, an experience of “Italian Style” in a romantic garden of Eden, will open in the summer of 2013 Adenauer, the legendary first chancellor of the Federal Republic of Germany had his summer residence at Villa la Collina, one of Europes most beautiful spots, overlooking the Lake in Northern Italy. The first [...]

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ASEAN Stocks Preview

Shayne Heffernan — Mon, 18 Mar 2013 19:07:53 +0000

Some good news for ASEAN out of China yesterday, Li Keqiang, 57, was appointed Chinese premier on Friday. He takes on the role at a time when China is the world’s second-largest economy. He is the first premier born after the founding of the People’s Republic of China in 1949 and holds dual academic degrees [...]

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AirAsia X IPO for June

Shayne Heffernan — Mon, 18 Mar 2013 18:57:09 +0000

AirAsia X, the long-haul affiliate of AirAsia Bhd, is now ready for a June listing on the Main Board of Bursa Malaysia after having deferred its initial listing, planned in the first quarter, says AirAsia Group Chief Executive Tan Sri Tony Fernandes. He said AirAsia X submitted all listing-related documents, including listing application and prospectus, [...]

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Discovery Shores Boracay IPO

Shayne Heffernan — Mon, 18 Mar 2013 18:52:30 +0000

Discovery Shores Boracay, is planning to debut on the local stock exchange to raise as much as P1 billion for its expansion program. Based on a registration statement filed at the Securities and Exchange Commission on March 13, the Aklan-based resort operator plans to offer up to 306 million primary common shares at a maximum [...]

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Euro Crisis: The Black Swan Nears

Shayne Heffernan — Mon, 18 Mar 2013 14:29:59 +0000

Strong deleveraging pressures exist, Cyprus is just an example of how fast some of the EU Nations can unravel. Following on from the disastrous Greece Default, the ECB, IMF and World Bank are ready for the Sequels, Spain, Italy, Portugal and Ireland. As the IMF demands Austerity, growth in Europe is scarce, budget cuts have [...]

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Japan Struggles to Manipulate Yen

Shayne Heffernan — Mon, 18 Mar 2013 13:23:51 +0000

USD/JPY intraday: the downside prevails. Pivot: 95.00. Our preference: SHORT positions below 95 with 94.05 & 93.75 as next targets. Alternative scenario: The upside breakout of 95 will open the way to 95.3 & 95.6. Comment: the pair has broken below its support and should face further weakness as the RSI is badly directed. Opinion [...]

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GBP Stages Another Rebound

Shayne Heffernan — Mon, 18 Mar 2013 13:19:40 +0000

GBP/USD intraday: the upside prevails. Pivot: 1.5065. Our preference: LONG positions above 1.5065 with targets @ 1.5135 & 1.518. Alternative scenario: The downside penetration of 1.5065 will call for 1.5045 & 1.5005. Comment: the pair stands above its new support and should post a rebound as the RSI is turning up. Opinion published is an [...]

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Euro in Crisis Mode

Shayne Heffernan — Mon, 18 Mar 2013 13:16:00 +0000

UR/USD intraday: the downside prevails. Pivot: 1.2980. Our preference: SHORT positions @ 1.297 with 1.2875 & 1.2815 as next targets. Alternative scenario: The upside breakout of 1.298 will open the way to 1.304 & 1.3105. Comment: the pair has broken below its previous low and remains on the downside, the RSI is badly directed but [...]

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Gold Price Looking to Breakout

Shayne Heffernan — Mon, 18 Mar 2013 13:13:41 +0000

Gold Price Looking to Breakout EURO ZONE : Unprecedented levy on Cyprus’s bank savings raised fresh EU concerns. EURO ZONE : EU FM reached an agreement on March 16th asking depositors in Cypriot banks to share in the cost of the aid package. EURO ZONE : Cypriot President Nicos Anastasiades seeking support to back a [...]

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Oil to Rally after Dip

Shayne Heffernan — Mon, 18 Mar 2013 13:09:57 +0000

Crude Oil (Apr 13) intraday: further upside. Pivot: 91.90 Our preference: LONG positions above 91.9 with 93.8 & 94.45 as next targets. Alternative scenario: The downside breakout of 91.9 will open the way to 90.8 & 90.2. Comment: intraday support around 91.9 Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent [...]

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ASEAN Market Preview, First Resources Ltd, Fortune REIT, Yangzijiang

Shayne Heffernan — Sun, 17 Mar 2013 18:22:47 +0000

It is shaping up to be a bumpy week in ASEAN as the US markets retreat from Fe inflated highs. This is a good time to book dome profits and head to the beach. There is still value in some parts of the market but any buying here should be slow and measured, Japan is [...]

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Philippines Peso Outlook

Shayne Heffernan — Sun, 17 Mar 2013 18:00:07 +0000

Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Bollinger Bands are 62.87% narrower than normal. The narrow width of the bands suggests low volatility as compared to the Peso’s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in [...]

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Silver Trading Outlook

Shayne Heffernan — Sun, 17 Mar 2013 17:48:14 +0000

Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought). Three black candles occurred in the last three days. Although these candles were not big [...]

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Singapore Dollar Outlook

Shayne Heffernan — Sun, 17 Mar 2013 17:35:42 +0000

Singapore Dollar Outlook Technical Outlook for Singapore Dollar Short Term: Bearish Intermediate Term: Neutral Long Term: Bullish SGD is currently 0.7% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out [...]

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Frederick’s of Hollywood Group Inc. (OTCQB: FOHL) Heads to 7c

Shayne Heffernan — Sun, 17 Mar 2013 04:48:41 +0000

Frederick’s of Hollywood Group Inc. (OTCQB: FOHL) Heads to 7c Endless insider dilution and a desire by the major shareholder to take the company private will continue to weigh on the stock price. The cumulative effect of the latest round of notes and warrants give FOHL a per share value of under 7c. The company [...]

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Shayne Heffernan on the Thai Baht

Shayne Heffernan — Fri, 15 Mar 2013 20:56:09 +0000

Shayne Heffernan on the Thai Baht As I said on the 20th of January 2013 the Thai Baht should see 28.50 to the US Dollar this year. Thailand: Thai Baht on Target for 28.50 For all of 2012, the baht strengthened about 3 percent. We remain convinced that the Thai Economy is set to become [...]

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Fed Bred Inflation on the Rise

Shayne Heffernan — Fri, 15 Mar 2013 12:41:57 +0000

Fed Bred Inflation on the Rise The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.7 percent in February on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment. The gasoline index rose 9.1 percent in [...]

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Real Earnings Fall in USA

Shayne Heffernan — Fri, 15 Mar 2013 12:39:14 +0000

Real average hourly earnings for all employees fell 0.6 percent from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.2 percent increase in average hourly earnings being more than offset by a 0.7 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). [...]

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Korea Economic Data Shows Slow Down

Shayne Heffernan — Fri, 15 Mar 2013 08:03:49 +0000

he Conference Board Leading Economic Index® (LEI) for Korea declined 0.8 percent in January to 120.3 (2004 = 100), following a 0.1 percent decline in December, and a 0.2 percent increase in November. At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, increased 0.1 percent [...]

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Asia’s Leading Management Consultants

Shayne Heffernan — Fri, 15 Mar 2013 06:38:46 +0000

Asia’s Leading Management Consultants The Heffernan Group of Companies use a top down approach developed by Dr. Heffernan Ph.D. to develop value protected, growth driven portfolios with in the guidelines of the clients risk tolerance and regulatory requirements. We provide managerial services, strategy, timing and research and advisory services to corporations and institutions globally. Our [...]

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Mutual Fund Asset Flows Through February 2013

Shayne Heffernan — Thu, 14 Mar 2013 19:45:35 +0000

Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund asset flows through February 2013. The strong start to the year continued, as investors added $51.9 billion to long-term open-end mutual funds in February to build on inflows of $87.2 billion in January. With inflows of $18.6 billion, [...]

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Campaign to Fix the US Economy Debt Level

Shayne Heffernan — Thu, 14 Mar 2013 19:32:08 +0000

The following is a statement from Maya MacGuineas , President of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt “In testimony before Congress’s Joint Economic Committee today, Campaign to Fix the Debt steering committee members Alice Rivlin and Judd Gregg gave impassioned arguments in favor of comprehensive [...]

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ASEAN Stocks, Belle Corp, Bumi, Astro, Golden Agri, PTT

Shayne Heffernan — Thu, 14 Mar 2013 17:49:47 +0000

ASEAN Stocks, Belle Corp, Bumi, Astro, Golden Agri, PTT Philippines Belle Corp. and Macau casino giant Melco Crown Entertainment Ltd. (MCE) have finalized their deal for the operation of the $1-billion Belle Grande hotel and casino, which is being built at the Pagcor Entertainment City in Parañaque City. In a disclosure, Belle said its subsidiary, [...]

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Singapore Stocks: Fortune Real Estate Investment Trust a Buy

Shayne Heffernan — Thu, 14 Mar 2013 17:04:34 +0000

Singapore Stocks: Fortune Real Estate Investment Trust a Buy Fortune Real Estate Investment Trust a Buy on a pending dip in the market, I am looking for an entry at the 6.60 level. Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish FORTUNE REIT is currently 15.4% above its 200-period moving average and [...]

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Singapore Stocks CWT Ltd Undervalued

Shayne Heffernan — Thu, 14 Mar 2013 16:26:39 +0000

Singapore Stocks CWT Ltd Undervalued Shayne Heffernan takes a look at Singapore listed CWT Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish CWT LIMITED gapped up today (bullish) on normal volume. Possibility of a Runaway Gap which usually signifies a continuation of the trend. Four types of price gaps exist – Common, [...]

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Gold Chart Points to Fall

Shayne Heffernan — Thu, 14 Mar 2013 12:55:20 +0000

Economist Shayne Heffernan takes a look at the Gold Chart GOLD (Spot) intraday: turning down. Pivot: 1591.00 Our preference: SHORT positions below 1591 with targets @ 1575 & 1568. Alternative scenario: The upside penetration of 1591 will call for 1599 & 1609. Comment: the RSI has just struck against its neutrality area at 50% and [...]

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Oil Price and Chart Review

Shayne Heffernan — Thu, 14 Mar 2013 12:53:06 +0000

Economist Shayne Heffernan takes a look at Oil Crude Oil (Apr 13) intraday: the bias remains bullish. Pivot: 91.60 Our preference: LONG positions above 91.6 with targets @ 93.5 & 94.45. Alternative scenario: The downside breakout of 91.6 will open the way to 90.8 & 90.2. Comment: intraday support around 91.6 Opinion published is an [...]

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Investing in Malaysia, Trade, Finance and Islamic Banking

Shayne Heffernan — Thu, 14 Mar 2013 11:57:52 +0000

Investing in Malaysia, Trade, Finance and Islamic Banking Shayne Heffernan has been bullish on Malaysia for several years now and the run is not over yet according to HeffCap one of Asia’s leading financial advisors. HeffCap see Malaysia as a developing hub for trade and banking, especially Islamic Banking. Shayne Heffernan said today that Kuala [...]

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Gold and Silver Update

Shayne Heffernan — Thu, 14 Mar 2013 10:37:33 +0000

Shayne Heffernan Gold and Silver Update MARKETS Spot gold lost 0.3 % to trade at $1,583.75 however it recovered in Asian hours and was trading at 1587.55. . Gold had risen yesterday to $1,599.85 highest since Feb. 28. Gold April slipped 0.4 % to trade at $1,582.30 . It had reached a two-week high of [...]

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Bloomberry and Belle Corp Buys in Philippines

Shayne Heffernan — Thu, 14 Mar 2013 05:16:22 +0000

Bloomberry and Belle Corp Buys in Philippines Credit Suisse advised their clients to buy stocks of Bloomberry and Belle Corp., which is another Entertainment City license holder controlled by the family of the country’s richest man, Henry Sy Sr. “We believe that the Philippine gaming industry is well placed to exceed the current size of [...]

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Will Xi Jinping Change China

Shayne Heffernan — Thu, 14 Mar 2013 05:07:34 +0000

Will Xi Jinping Change China Xi Jinping was elected chairman of the Central Military Commission of the People’s Republic of China at the annual session of the 12th National People’s Congress Thursday morning. Xi was also elected Chinese president at the same meeting. The election result was announced after a vote of deputies to the [...]

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Korean Air Lines Co Ltd (KRX:003490) Expands in Europe

Shayne Heffernan — Thu, 14 Mar 2013 04:54:39 +0000

Korean Air Lines Co Ltd (KRX:003490) Expands in Europe The Czech prime minister says the government has approved a sale of a minority stake in the national carrier CSA to Korean Airlines. Petr Necas says Korean Airlines will get a 44-percent stake in CSA for (euro) 2.64 million ($3.45 million). Necas said Wednesday the move [...]

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Chindex International, Inc. (NASDAQ: CHDX) to Rally on Strong Earnings

Shayne Heffernan — Thu, 14 Mar 2013 04:47:47 +0000

Chindex International, Inc. (NASDAQ: CHDX) to Rally on Strong Earnings Chindex International, Inc. Reports Fourth Quarter and Full Year 2012 Financial Results 4Q12 Revenue up 36% to $43.5 Million 4Q12 Adjusted EBITDA up 45% to $9.0 Million FY12 Revenue up 33% to $152.4 Million, Topping Guidance Range FY12 Adjusted EBITDA Margin Reached 18.5% FY13 Strategic [...]

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ASEAN Market Preview

Shayne Heffernan — Wed, 13 Mar 2013 18:36:31 +0000

China IPO withdrawals signify loss of confidence in Asian Markets Seven companies terminated their IPO applications last week, according to data from the China Securities Regulatory Commission (CSRC). A total of 30 companies had quit their IPO applications by the end of last week, according to the CSRC. The data showed that there are 323 [...]

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Singapore Stocks: Yuexiu Property Co Ltd a Buy

Shayne Heffernan — Wed, 13 Mar 2013 18:27:23 +0000

Economist and Funds Manager Shayne Heffernan of HeffCap has issued a speculative buy on Yuexiu Property Co Ltd. Yuexiu Property Co Ltd announced on January 10,2013, the Company acquired four parcels of land located at Lin’ an, Hangzhou, Zhejiang Province (namely “Parcel No.1”, “Parcel No.2”, “Parcel No.3” and “Parcel No.4”, collectively referred to as the [...]

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Vietnam Index Still Value Buying

Shayne Heffernan — Wed, 13 Mar 2013 18:13:21 +0000

Vietnam Index Still Value Buying With a total PE under 12 and a rapidly developing economy, the Vietnam Index is still value buying. The Ho Chi Minh Stock Exchange’s VN Index dropped for the second straight day yesterday as buying demand weakened despite the government’s promises to support the flagging property market, analysts said. The [...]

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How Much Gold Does China Have?

Shayne Heffernan — Wed, 13 Mar 2013 14:37:19 +0000

Vice governor of the People’s Bank of China Yi Gang said Wednesday that the country’s gold reserves now stand at 1,054 tonnes, adding that a massive increase is unlikely in the future. “We need to take into account both the stability of the market and gold prices,” Yi said when asked about whether China will [...]

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Become a Professional Day Trader

Shayne Heffernan — Wed, 13 Mar 2013 12:33:00 +0000

Firstly, start using the tools of professionals, we offer a free 30 Day trial download Thomson Reuters latest product that will start you on the way, Thomson Reuters Latest Charting and News Technology, Runs on Your Desktop and your iPad The first information that new traders should learn are the basics of trading. A good [...]

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Gold Price and Technicals

Shayne Heffernan — Wed, 13 Mar 2013 12:27:01 +0000

GOLD (Spot) intraday: rebound. Pivot: 1581.00 Our preference: LONG positions above 1581 with 1599 & 1609 in sight. Alternative scenario: The downside breakout of 1581 will open the way to 1575 & 1568. Comment: the break above 1587 is a positive signal that has opened a path to 1599. Opinion published is an intraday view. [...]

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The9 Limited (ADR) (NASDAQ:NCTY) Still a Buy

Shayne Heffernan — Wed, 13 Mar 2013 11:08:04 +0000

The9 Limited (NASDAQ: NCTY) (“The9″), an online game developer and operator, announced today that the Company has repurchased 1,338,053 American Depositary Shares for an aggregate consideration of approximately US$3.8 million under its US$10 million repurchase program announced in December 2012. The repurchased shares account for approximately 6% of the Company’s outstanding ordinary shares. The Company [...]

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Gold Price Update

Shayne Heffernan — Wed, 13 Mar 2013 07:01:36 +0000

Gold Price Update Our volume indicators reflect very strong flows of volume into XAU= (bullish). Our momentum oscillator has set a new 14-period high while the security price has not. This is a bullish divergence. On 3/13/2013, PREC.M.XAU= closed below the upper band by 44.5%. Bollinger Bands are 18.73% narrower than normal. The current width [...]

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Salesforce.com (NYSE: CRM) to Dilute Shareholders

Shayne Heffernan — Wed, 13 Mar 2013 06:14:51 +0000

Salesforce.com (NYSE: CRM) to Dilute Shareholders to fund working capital Salesforce.com Announces Pricing of $1 Billion Offering of 0.25% Convertible Senior Notes Due 2018 Salesforce.com (NYSE: CRM), the enterprise cloud computing company, today announced the pricing of $1 billion aggregate principal amount of convertible senior notes due 2018 in a private placement to qualified institutional [...]

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TY Chiu Re-Elected at Semiconductor Manufacturing International Corporation (NYSE: SMI; SEHK: 981)

Shayne Heffernan — Wed, 13 Mar 2013 06:03:23 +0000

Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981), China’s largest and most advanced semiconductor foundry, today announced that its CEO, Dr. TY Chiu, has been re-elected to the Board of Directors of the Global Semiconductor Alliance (GSA), a world-leading semiconductor industry association. “I am honored by the confidence that both GSA and our industry [...]

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Toyota NYSE:TM Lift Wages as Abe Pushes Agenda

Shayne Heffernan — Wed, 13 Mar 2013 05:59:58 +0000

Japan’s top automakers are set to give tens of thousands of employees an annual bonus bump as a weaker yen helped their bottom line while Tokyo presses firms to hike staff pay to lift the economy. Toyota, Japan’s biggest car firm, said Wednesday it would accept union demands for a richer bonus with the Camry-maker [...]

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Cathay Pacific Airways Limited (HKG:0293) Earnings Hit by Staff Costs

Shayne Heffernan — Wed, 13 Mar 2013 05:42:03 +0000

Cathay Pacific Airways Limited (HKG:0293) has been overvalued for sometime now and today’s earnings should bring trading back to the HKD8 range. Cathay Pacific Airways Limited(HKG:0293), which flew 29 million passengers last year, said profit slumped 83.3 percent to HK$916 million last year, compared with income of HK$5.5 billion in 2011. Earnings per share fell [...]

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Saudi Arabia Oil and Gas Update

Shayne Heffernan — Wed, 13 Mar 2013 05:33:51 +0000

Oil and energy sector in the region is a major contributor to the economies of the GCC and remains an opportune source for investments, said Saudi Arabian General Investment Authority (SAGIA) Gov. Abdullatif Al-Othman. Speaking at the Middle East Oil & Gas Show and Conference in Bahrain, Al-Othman said: “Today our industry commands respect and [...]

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Singapore Stock Exchange Leading ASEAN Exchange Developments

Shayne Heffernan — Wed, 13 Mar 2013 05:23:03 +0000

Singapore Stock Exchange Leading ASEAN Exchange Developments The Philippines PSE and Singapore’s SGX announced the signing of a memorandum of understanding to cooperate in the development of Philippine-linked derivative products to “address the demands of international investors.” A derivative is a tradeable financial instrument whose value is based on an underlying index, commodity or currency. [...]

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Hong Kong Real Estate Report

Shayne Heffernan — Wed, 13 Mar 2013 04:13:54 +0000

Local housing prices may go up by 5 to 10 percent due to the increasing policy risk, said DBS (Hong Kong) economist Lo Ming-lee, who believes that the supply shortage and low-interest rate environment will remain. Lo noted that even some local banks in Hong Kong may lift the mortgage rate, a material correction in [...]

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BHP NYSE;BHP China Corruption Probe

Shayne Heffernan — Wed, 13 Mar 2013 04:07:57 +0000

BHP NYSE;BHP China Corruption Probe Loss-making Australian miner BHP Billiton said today it was cooperating with a US investigation into its multi-million-dollar sponsorship of the 2008 Beijing Olympics amid reports it used the event to engage in suspicious activities and deals involving Chinese officials. BHP confirmed media reports that it had been questioned by the [...]

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Philippines Peso Outlook

Shayne Heffernan — Wed, 13 Mar 2013 03:56:42 +0000

Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish On 3/13/2013, FOREX PHP= closed above the lower band by 14.1%. Bollinger Bands are 72.02% narrower than normal. The narrow width of the bands suggests low volatility as compared to FOREX PHP=’s normal range. Therefore, the probability of volatility increasing with a sharp price [...]

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ASEAN: PTT and Pertamina Petrochemical Expansion

Shayne Heffernan — Wed, 13 Mar 2013 03:42:00 +0000

ASEAN: PTT and Pertamina Petrochemical Expansion Indonesia’s Pertamina has chosen Thailand’s PTT Global Chemical as a partner in the development of a $5 billion petrochemical facility in Indonesia, it announced on Monday. The decision was made after months of deliberations with 11 companies being considered, including South Korea’s SK Global Chemical and Japan’s Mitsubishi. “PTT [...]

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Singapore Energy Outlook 2013

Shayne Heffernan — Tue, 12 Mar 2013 19:46:35 +0000

Singapore Energy Outlook 2013 Singapore’s strategic location between the Indian and Pacific Oceans has allowed it to become one of Asia’s major petrochemical and refining hubs. Easy access to the sea and a strategic location near the Strait of Malacca has enabled Singapore to become one of Asia’s main energy and petrochemicals hubs and one [...]

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Shayne Heffernan on the Gold Price and China

Shayne Heffernan — Tue, 12 Mar 2013 14:03:26 +0000

Shayne Heffernan as an Economist, trader and venture capitalist writes about a possible gold backing of the Chinese Renminbi. If one compares the dollar amount of base money with the gold reserves, it shows that the dollar is only covered to 16 percent now, in 1980 that number was 168% – because the price of [...]

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GBP Shrinks as Economy Stalls

Shayne Heffernan — Tue, 12 Mar 2013 12:46:39 +0000

GBP/USD intraday: the downside prevails. Pivot: 1.4915 Our preference: Short positions below 1.4915 with targets @ 1.483 & 1.479 in extension. Alternative scenario: Above 1.4915 look for further upside with 1.496 & 1.5025 as targets. Comment: the pair is rebounding but stands below its resistance, the RSI stands below its neutrality area. Opinion published is [...]

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EURUSD Moves Higher Despite Fundamentals

Shayne Heffernan — Tue, 12 Mar 2013 12:44:09 +0000

EURUSD Moves Higher Despite Fundamentals EUR/USD intraday: the bias remains bullish. Pivot: 1.2985 Our preference: Long positions above 1.2985 with targets @ 1.3055 & 1.3075 in extension. Alternative scenario: Below 1.2985 look for further downside with 1.2955 & 1.2915 as targets. Comment: the pair is rebounding on its support as the RSI is reversing up [...]

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Oil to Extend Rally

Shayne Heffernan — Tue, 12 Mar 2013 12:39:32 +0000

Crude Oil (Apr 13) intraday: further advance. Shayne Heffernan’s Oil Outlook Pivot: 90.80 Our preference: LONG positions above 90.8 with targets @ 92.45 & 92.9. Alternative scenario: The downside penetration of 90.8 will call for a slide towards 90.2 & 89.55. Comment: the double bottom pattern calls for further gains towards 92.9. Opinion published is [...]

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Britian GBP Update: Economy in Recession

Shayne Heffernan — Tue, 12 Mar 2013 12:16:41 +0000

British industrial production fell sharply in January, official figures show, raising fears that the country will suffer its third recession in not much more than four years. The Office for National Statistics said industrial production dropped a monthly rate of 1.2 percent from December, in contrast to expectations for a 0.2 percent rise. Industrial output [...]

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Euro Crisis: France Fails to Deliver

Shayne Heffernan — Tue, 12 Mar 2013 12:14:15 +0000

President Francois Hollande said Tuesday that France’s public deficit would probably amount to 3.7 percent of national output this year, publicly renouncing his government’s goal of coming in below the EU limit of three percent. “The public deficit in 2011 reached more than five percent of national wealth, it was 4.5 percent at the end [...]

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Vietnam Economic Update

Shayne Heffernan — Tue, 12 Mar 2013 11:59:42 +0000

Economist Shayne Heffernan tales a look at Vietnam Vietnam Economic Update From 1999 to 2010, Vietnamese companies have been involved as either an acquiror or an acquired company in 1,320 mergers and acquisitions with a total value of 7.7 billion USD. The number and value of deals hit a new record in 2010. The number [...]

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South Korea Economic Update

Shayne Heffernan — Tue, 12 Mar 2013 04:47:50 +0000

Koreans have become more cautious in opening their wallets due to concerns over a prolonged economic slowdown, government data showed Monday. According to Statistics Korea and Shinyoung Securities, the average monthly household spending increased 1.38 percent to 2.4 million won ($2,200) in the fourth quarter of last year from a year ago. Following a mere [...]

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Facebook NASDAQ:FB Knows Who You Are

Shayne Heffernan — Tue, 12 Mar 2013 04:40:24 +0000

Clicking those friendly blue ‘like’ buttons strewn across the Web may be doing more than marking you as a fan of Coca-Cola or Lady Gaga. It could reveal you as gay. It might reveal how you vote. It might even suggest that you are an unmarried introvert with a high IQ and a weakness for [...]

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