Polychain and the Future of Digital Assets $BTCUSD, $ETHUSD, $CME, $CBOE Today it is mostly crypto enthusiasts and technologists trading their assets. Tomorrow it will mostly institutions trading crypto assets. The professional traders have taken over from the ‘hobbyists’ Earlier this year, Polychain became the 1st crypto fund with more than $1-B in assets under […]
Ferrari’s (NYSE:RACE) Stock Dip a Buying Opportunity $RACE Ferrari (NYSE:RACE) stock price has seen strong growth since July 2016. There are just a hand full of analysts covering the world’s #1 automotive brand stock, and it rightfully commands a luxury Price/Earings ratio in the 40’s plus pays a dividend conferring on the iconic Italian supercar […]
If You Do Not Know What Bitcoin is, Read This Please $BTCUSD, $ETHUSD, $CME, $CBOE, $V, $MA If you are 1 of those people who do not know what Bitcoin and other cryptocurrencies are read this, as there is a keen international interest in this nascent digital asset. Interest in digital currency has expanded over […]
President Trump is Breaking Economic Records, This is a Prosperity Era. $DIA, $SPY, $QQQ, $RTUX, $VXX Friday, President Donald Trump’s chief economic adviser says blockbuster unemployment data is only a sign of the robust economic growth awaiting America. “I believe we’ve entered into the longest largest prosperity in a couple of decades. I know it’s early […]
Tesla (NASDAQ:TSLA) Will Fail, All ‘Rentier’ Businesses Fail $TSLA Jim Chanos bets that Tesla. Inc. (NASDAQ:TSLA) Elon Musk’s struggling EV company will fail. Mr. Chanos has identified, and sold short many of the best-known corporate disasters of the past few decades. He say in an interview Wednesday, that the underlying philosophy of his investment strategy […]
China’s Industrial Growth Tops Analysts Expectations China’s industrial output grew 7.0% in April from a year earlier, much more than expected, but fixed-asset investment growth slowed to 7.0% in the 1st 4 months, below forecasts, official data showed Tuesday. Analysts polled by Reuters had predicted industrial output growth would rise to 6.3%, bouncing back from […]
The Growing Interest, Investment in Anti-aging and Life Extension The interest and investment in anti-aging therapies is growing. The goal is not just to live longer, but to be as youthful and healthy as possible for a longer frame. Telomeres were discovered in the 1930’s. Every cell in the human body contains a nucleus, and inside […]
Wall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part of a move to open up the economy. JP Morgan Broking applied to establish a foreign invested securities firm with […]
People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]
Coins, Tokens are Changing the Nature of Early Stage and Goal Fundraising ICOs (Initial coin offerings) are also called TGEs (token generation events), and they are changing the nature of early stage fundraising, and they have the potential to alter the mainstream investment ecosystem itself. Through ICOs, start-ups can raise capital by issuing crypto tokens […]
The Role of the US SEC in ICO Offerings As stated in the SEC mission statement, “The mission of the US Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” The SEC was created by Congress in 1934 as the first federal regulator of securities markets following […]
Abu Dhabi to Combine Sovereign Wealth Funds Creating $250-B ‘Behemoth’ Together Mubadala and Abu Dhabi Investment Council will be the world’s 11th largest sovereign wealth fund. The UAE emirate of Abu Dhabi is to combine two of its largest sovereign funds to create a behemoth with estimated assets of nearly $250-B. UAE President and Abu […]
Bitcoin and Cryptocurrencies Across the Board $BTCUSD Bitcoin and other Cryptocurrencies are new, alluring and somewhat complex investment assets. People see Bitcoin as currency, an investment and a store of value. Government’s do not agree on what Bitcoin is. The US Internal Revenue sees and treats it as property, The US Securities and Exchange Commission considers […]
China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth China’s banking regulator has introduced steps to cut the Red Tape for foreign banks, state media agency said Saturday, as part of the government’s ongoing effort to promote investment in the country’s fast-growing financial sector. The China Banking Regulatory Commission (CBRC) has revised its […]
US Economy Can Handle Trump Budget Deficits The US economy can handle the trillion-dollar deficits that are forecast to result from President Trump’s budget proposal released Monday. “The deficit is going to be 5.5% of GDP for FY 2019. Over 10 years, it’s going to average about 3.5% ,” economist Larry Kudlow said pointing out […]
Economists Agree, the US is ‘Open for Business’ $DIA, $SPY, $QQQ, $SAP President Donald Trump highlighted his tax cuts and deregulation efforts with a presentation to an elite economic forum in Switzerland last Friday. The United States, he said, is now a far more inviting place for foreign companies to spend, invest and build. “We […]
President Trumps Infrastructure Plan Shaping Up Jobs, Jobs, Jobs The Trump Administration is finalizing its long-awaited infrastructure plan, which pushes most of the financing of projects to private investment and state and local taxpayers. President Trump, who spoke of improving US infrastructure during his Y 2016 campaign, may preview the plan in his 30 January […]
President Trump Deserves ‘High Marks’ for Economic Policies $UBS President Donald Trump earned “high marks” from Swiss bank UBS for his economic achievements. “I think prior to his election, the prospects of tax reform, of regulatory relief, or any sort of sensible approach to infrastructure were off the table,” said Mike Ryan, UBS Wealth Management […]
Why GBIT for 2018? $BTC, $ETH The cryptocurrency world is very similar to the stock market and a black hole in space. It’s getting to the point to where you have to start paying attention to the cryptocurrency market because wealth is being obtained daily with some of the trades being made and more and […]
Review: The Vintage & Classic Collector Car Market in 2017 Overall, the current collector car market is stable and rational, slightly favoring buyers over sellers in some categories. Just the opposite in the Tier 1 category of the most prominent marques and most certainty when it comes to 1-off and other prized examples. All discerning […]
US Economy Ready for an Investment Boom and Strong Growth $DIA, $SPY, $QQQ, $VXX We here at HeffX-LTN are optimistic about America’s economic future now that President Trump and GOP lawmakers have kept their promise of a sweeping tax reform. “I think the economy is on the verge, which you heard me say this, because of the […]
Genting Singapore PLC (SGX:G13) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.39. The projected lower bound is: 1.28. The projected closing price is: 1.33. Genting Singapore PLC is […]
GSS Energy Ltd (SGX:41F) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 0.18. The projected lower bound is: 0.16. The projected closing price is: 0.17. GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three […]
Comfortdelgro Corporation Ltd (SGX:C52) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 2.10. The projected upper bound is: 2.12. The projected lower bound is: 1.91. The projected closing price is: 2.02. ComfortDelGro Corporation Limited […]
Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.58. The projected lower bound is: 1.42. The projected closing price is: 1.50. Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is […]
Dubai Launches e-Commerce Freezone The project is being developed in the Umm Ramool area by DAFZA and wasl A new $740-M freezone dedicated to e-Commerce has been launched in Dubai, in a bid to attract more DFI (foreign investments) and further diversify the emirate’s economy. Called Dubai CommerCity, the project is being developed as a […]
Golden Agri-Resources Ltd (SGX:E5H) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 0.39. The projected lower bound is: 0.35. The projected closing price is: 0.37. Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged […]
Comfortdelgro Corporation Ltd (SGX:C52) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 2.09. The projected lower bound is: 1.91. The projected closing price is: 2.00. ComfortDelGro Corporation Limited is a Singapore-based investment holding company. The Company provides management […]
Bitcoin Tops $11,000 After a $1,000 Spike in 12 Hours $BTCUSD, $CME, $CBOE Bitcoin ran past $11,000 to hit a record high for the 6th day running Wednesday after gaining more than $1,000 in 12 hours. After gaining more than 1,000% YTD, Bitcoin rose as much as 15% Wednesday. It topped $10,000 for the 1st […]
Tuan Sing Holdings Limited (SGX:T24) HEFFX Highlights Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 0.49. The projected lower bound is: 0.43. The projected closing price is: 0.46. Tuan Sing Holdings Limited is a Singapore-based investment holding company, which is engaged […]
Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 1.55. The projected upper bound is: 1.61. The projected lower bound is: 1.46. The projected closing price is: 1.53. Yangzijiang […]
China’s yuan weakened against the US dollar on Friday, with strong corporate demand supporting the greenback but the Chinese currency is on course for its best week in more than a month. Prior to market opening, the People’s Bank of China (PBOC) set the official yuan midpoint at its strongest in six weeks at 6.5810 […]
Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’ Kingdom Holding’s plan to borrow money to fund new investments is on hold, because owner Prince Alwaleed bin Talal is in criminal detention in Saudi Arabia on anti-corruption charges, according to banking sources familiar with the matter. Kingdom had approached banks to obtain the loan, but the financing […]
Homeownership Does Not Build Wealth Like Other Investments $DIA, $SPY, $QQQ, $VXX A home is a place to live, raise ad family and thrive, if it goes up in value it is a lucky extra Homeownership is necessarily better than paying rent, according to a study Florida Atlantic University, Florida International University and the University […]
Bitcoin a Thriving, Anonymous ‘Speculative’ Instrument $BTCUSD Bitcoin, whose value has fluctuated significantly this month, remains a “speculative” investment that thrives because of the cryptocurrency’s anonymous nature, BlackRock’s (NYSE:BLK) Larry Fink said Monday. “The reason why it does so well is it is anonymous. It’s anonymous, and it’s cross-border,” Mr. Fink, whose firm oversees nearly […]
President Donald Trump Starts Official State Visit to China US President Donald Trump arrived in Beijing Wednesday afternoon, starting his state visit to China. The 3-day trip is Trump’s 1st visit to the country since he assumed the Presidency on 20 January. He is the 1st head of state to visit China since the landmark […]
$5-B China Investment Fund Coming to Buy US Manufacturers $GS Goldman Sachs (NYSE:GS) partners with sovereign fund China Investment Corp. (CIC) to jointly launch an up to $5-B fund to invest in US manufacturers. CIC is 1 of the world’s largest sovereign wealth funds The details of the fund will be announced Thursday as part […]
Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin” $BTCUSD, $GS, $JPM, $CME, $GBTC, $AMZN Goldman Sach’s CEO Lloyd Blankfein is keeping his ‘powder dry’ on Bitcoin the fast moving #1 cryptocurrency. The Goldman Sachs Group Inc. (NYSE:GS) Chief says he is not willing to reject the digital currency just yet and does not hold any investments in […]
MM2 Asia Ltd (SGX:1B0) HEFFX Highlights Fast-moving Singaporean mini-conglomerate MM2 has agreed on terms of purchase for the Cathay Cineplexes cinema chain. The move comes only months after MM2’s failed bid to buy rival Singaporean circuit Golden Village. Cathay currently operates eight multiplexes in Singapore, including one that was opened in September at Parkway Parade. […]
Golden Agri-Resources Ltd (SGX:E5H) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.38. The projected upper bound is: 0.41. The projected lower bound is: 0.38. The projected closing price is: 0.40. Golden Agri-Resources […]
China to Guide Investment Capital to High Growth Areas China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with NDRC (the state planning agency) said Saturday. China also would take steps to lower the investment threshold for private investors, said Zhang Yong, the vice-head […]
The 1st China-US Investment Database Debuts Wednesday, a comprehensive China-US investment and cooperation database was launched in NYC, aiming at enhancing cooperation between the Chinese and US business communities and promoting Chinese investment in the United States. The database, the 1st investment information database serving Chinese companies and their partners in the United States, was established […]
Trump Ally In, Harvey Weinstein Out at TWC $DIS, $CLNS Disgraced mogul Harvey Weinstein has resigned from the board of The Weinstein Co. TWC is not saleable to a public media company now, PR is unbearable Tuesday, the Board members convened in NYC to ratify Harvey Weinstein’s termination and to vote on a rescue plan […]
Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights Singapore Airlines Ltd is pursuing more than 50 cost-cutting initiatives including reducing fuel burn and reviewing its relationship with key suppliers as part of a three-year plan to make the airline more competitive, a newsletter to staff shows. Both Singapore Airlines and Hong Kong-based rival Cathay Pacific Airways Ltd […]
Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights BentSpoke announced as Singapore Airlines beer partner for Sydney and Melbourne From this Sunday, BentSpoke’s Barley Griffin pale ale will be available on inbound and outbound Singapore Airlines flights between Singapore and Sydney or Melbourne. Singapore Airlines’ Karl Schubert said the craft beer additions are part of the airlines’ […]
China To Post the FDI ‘Negative’ List Soon China will roll out a negative list for foreign investment, which has been tested in pilot FTZ’s (free-trade zones). The negative list model, which states the sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as Y 2018. “Introduction of […]
Saudi Arabia Enters the Entertainment World with $2.7-B Investment Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the conservative Kingdom loosens it reins on the fun zone. The Kingdom’s Public Investment Fund announced Wednesday it will develop the new company with an initial capitalization of $2.7-B Its aim will be to […]
Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming $GLD, $SLV, $MTAFF, $IBM, $WMT To start this is gold’s step sum chart going back to November 2010. For almost a year (November 2010 to August 2011) gold’s step sum saw an amazing ascent; rising from 220 to 275 (55 net advancing days) in a […]
China’s FDI Dives After PBOC Curbs China’s investment in other countries has taken a deep dive since Beijing tightened controls to cool surging spending on assets deemed unneeded for Chinese economic development. Outward investment, aka FDI (foriegn direct investment), in the 1st 8ht months of this year fell 41.8% rom a year earlier to $68.7-B, […]
Magical Internet Money Hits $5k The decentralized currency Bitcoin has rallied hard this year, climbing from $1,000 per BTC on January 1st to $5,000 per BTC on the first of September. The digital asset had a substantial market capitalization of approx. $82.6B with only 16.5 million bitcoins currently in circulation. Further, bitcoin trade volume has […]
Australian Dollar Outlook Christina Parthenidou, XM Investment Research Desk Last week the Reserve Bank of Australia decided to hold cash rates at a record low of 1.5% and maintained its optimism about the future economic performance of the country, the Australian Bureau of Statistics (ABS) published the GDP growth figures for the second quarter on Wednesday. These surprised […]
Needle moving action has been spotted in Brambles Ltd (BXB.AX) as shares are moving today on volatility -0.11% or $-0.01 from the open. The ASX listed company saw a recent bid of $9.34 and 2640000 shares have traded hands in the session. Market watchers diligently track the companies they think can do well to grow earnings. The goal is typically to discover […]
Is the Woolworths Limited (ASX: WOW) share price a bargain at $26? To understand and answer that question we need to know the difference between price and value. What are Woolworths shares worth? I run my own valuations on shares. You would need to take into account any growth from its supermarkets, liquor sales, cost-outs and competition. Currently, […]
The Commonwealth Bank has responded to revelations it failed to monitor transactions in the USA, Asia and Europe. An internal review of the bank’s compliance with Australian and global anti-money laundering and counter terrorism laws reportedly showed large-scale failures in transaction monitoring across a multitude of businesses around the world, according to Sky News Business. Sky […]
Aconex Limited (ASX:ACX) A software and services company based in Australia, saw significant share price volatility over the past couple of months on the ASX, rising to the highs of $4.6 and falling to the lows of $3.64. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy […]
BHP Billiton has announced a board shake up that will see Grant King depart just six months after his appointment “owing to concerns expressed by some investors”. The company said Mr King had decided not to stand for election to the board and would retire from the role on August 31. The former chief executive […]
Fractional property investment platform, DomaCom has reported a $6.1 million loss for the financial year ended 30 June. The company, which listed on the Australian Securities Exchange (ASX) in November last year and raised $7.3 million, said the result was still in line with its expectations and reflected its early stage position. At the same […]
A blast against speculators by the Bank of Thailand has put traders on notice that gains for Asia’s best-performing currency this year could slow or even reverse. The central bank has asked commercial banks to provide more information if they see an “unusually high volume of transfers between non-resident baht accounts which may relate to […]
Thailand’s strong baht and stock market rally are in line with economic fundamentals, the central bank governor said on Wednesday, as the currency hovered around 28-month highs against the U.S. dollar. The moves have been driven by stronger economic growth and easing political uncertainty, Veerathai Santiprabhob told reporters. Southeast Asia’s second-largest economy expanded a more […]
The West Australia government says Qantas’ 12-month trial of discounted airfares for residents in six regional towns is a response to the launch of a parliamentary inquiry. The government hopes it will lead to further cheaper intrastate flights. From November, Qantas will offer a discount of between 10 per cent and 30 per cent for […]
Shares in Australia and New Zealand Banking Group (ASX: ANZ) climbed 1.3 per cent in morning trade after the bank revealed a cash profit of $1.79 billion for the quarter ending June 30, 2017. The cash profit is up 5.3% or 0.3% before provisions for bad debts, with total revenues for the quarter down 0.3%. The group’s net […]
A New ETF GOP Stock Tracker to List Under “MAGA” $MAGA, $SPY $GOP, $DEMS A planned index fund is hoping to “Make America Great Again” by investing in companies that support the Republican Party. The Point Bridge GOP Stock Tracker ETF (exchange-traded fund) will list under the ticker “MAGA,” according to a filing with US […]
After dropping as low as $29.55 in early June, the Westpac Banking Corp (ASX: WBC) share price has gone on an impressive run and reached as high as $32.74 last week. By comparison, the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has been flat during the same period. Is it too late to buy Westpac […]
Although the market has bounced back from yesterday’s decline and is up 0.3% in morning trade, the Fortescue Metals Group Limited (ASX: FMG) share price and the Atlas Iron Limited (ASX: AGO) share price have sunk deep into the red. At the time of writing the shares of the two leading iron producers are down 2.5% and 5%, respectively. Why have […]
Telstra is expected to start considering the future of its struggling health business as it looks to cover its $3 billion revenue black hole and the forgone benefits of its NBN earnings secularization plan. Telstra has given guidance that a 22c dividend payment is likely in 2018 and Citi analysts forecast that will be made […]
The Australian community’s trust in the banking system has been damaged in recent years, and CBA in particular has been negatively impacted by a number of issues that have affected the reputation of the bank. Treasurer Scott Morrison said there had been more than 12 compliance “issues” at the bank since 2008, and the board and […]
Pet owners may soon be one step closer to accessing medical cannabis as a pain-reliever for their furry friends thanks to CannPal, a Sydney-based pharmatech startup that is looking to raise $6 million when it lists on the Australian Securities Exchange later this year. CannPal wants to develop cannabis-based products to aid veterinarians in administering […]
BidaskClub upgraded shares of BHP Billiton Limited (NYSE:BHP) from a buy rating to a strong-buy rating in a research note published on Saturday. A number of other equities analysts have also recently issued reports on BHP. Zacks Investment Research upgraded shares of BHP Billiton Limited from a strong sell rating to a hold rating in a research note on […]
While we remain structurally bearish on GBP, we think EUR/GBP is due some mcorrection in the short-term. The cross is technically stretched with the 14-day RSI running above 80, a level it has reached only four times since 2008. Moreover, Bank of England pricing looks very dovish again with no hikes priced until late 2019. While we […]
Singapore Airlines Ltd. (SGX:C6L) Phishing Scams If you have received an e-mail telling you that Singapore Airlines is giving away free tickets for its 70th anniversary, be on your guard. Scammers have been phishing for users’ personal data this way since Thursday (Aug 24), an SIA spokesman told The Straits Times on Saturday. “We have […]
Beijing Has “New Rules” for Outbound Investment China has codified its rules on overseas investments, making explicit its campaign against irrational acquisitions of assets in industries ranging from real estate to hotels and entertainment. The authorities set out 3 categories: Banned, Restricted and Encouraged (see the lists below) Beijing has outlawed investments in gambling and sex […]
Ferrari (NYSE:RACE) Trading Above Its 50-Day MA $RACE Ferrari shares outperform Ferrari (NYSE:RACE) finished Wednesday at 110.95 significantly higher than the 50-Day MA at 99.00 and which is way above the 200-Day MA at 81.32. The 50-Day MA moved up 11.26%whereas the 200-Day MA is +35.59%. RACE shares saw light trading volume with 376-K/shares changing hands […]
Singapore Airlines Ltd. (SGX:C6L) HEFFX Highlights Singapore Airlines and Latin American carrier Avianca have signed a codeshare deal The codeshare, which will begin from September, will see Singapore Airlines (SIA) place its SQ code on Avianca’s flights from Heathrow and Barcelona to Bogota in Colombia. Conversely, Avianca will place its AV code on SIA’s flights […]
Jiutian Chemical Group Limited (SGX:C8R) HEFFX Highlights Jiutian Chemical Group Limited (Catalist:C8R) has a Piotroski F-Score of 8. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. […]
Swee Hong Ltd (SGX:QF6) HEFFX Highlights Company shares of Swee Hong Ltd (QF6.SI) have seen the Rank Correlation Indicator climb higher over the past 3 trading days, suggesting that it could be nearing a turning point if the reading crosses the 80 mark. The Rank Correlation Indicator, or RCI will find the highest high and […]
Dragon Group International Limited (SGX:MT1) Receiving US$20Mil Investment Zhuhai Yinlong Energy Co., Ltd., as a strategic partner, intends to invest US$20 million in Dragon Group’s subsidiary, EoCell Limited, for a 40% stake in the enlarged share capital of EoCell This values EoCell at US$50 million, and Dragon Group will hold 40% stake in the enlarged […]
AA Group Holdings Ltd (SGX:5GZ) HEFFX Highlights Shares of AA Group Holdings Ltd (5GZ.SI) is moving on volatility today -4.00% or -0.002 from the open. The SES listed company saw a recent bid of 0.048 on 34800000 volume. Following all the swirling information about publically traded companies can be quite a task. Every day there […]
SinoCloud Group Ltd (SGX:5EK) HEFFX Highlights Shares of SinoCloud Group Ltd (5EK.SI) have seen the needle move 100.00% or 0.001 in the most recent session. The SES listed company saw a recent bid of $0.002 on 7200000 volume. Traders often key in on technical support and resistance levels when undertaking stock analysis. These levels can […]
Genting Singapore PLC (SGX:G13) HEFFX Highlights Genting Singapore PLC (GIGNF) has ended the week in the black, yielding positive results for the shares at they ticked 4.68%. In taking a look at recent performance, we can see that shares have moved 51.79% over the past 4-weeks, 54.55% over the past half year and 14.86% over […]
Sincap group Ltd (SGX:5UN) HEFFX Highlights Sincap Group Limited (5UN.SI) touched 0.020 on a recent bid indicating that the Tenkan line is still hovering below the Kijun Sen. This represents bearish momentum for the shares. Whether or not the shares are ready to break further to the downside is yet to be seen. The Tenkan […]
Gold is an “All Weather Investment” $GLD The Big Q: What do savvy Wall Street traders see in physical Gold, and why are they adamant about holding it? The former head of ETF Trading at Lehman Brothers said he discovered Gold in Y 2005 when the launch of the SPDR Gold Shares ETF (NYSEArca:GLD) drew his attention […]
Chip Eng Seng Corporation Ltd (SGX:C29) HEFFX Highlights Singapore-listed property investor and developers Roxy-Pacific Holdings and Chip Eng Seng Corporation have jointly acquired a New Zealand A-grade office building at 205 Queen Street, Auckland, for $NZ174 million ($162 million), at a net yield of 6.3 per cent. Roxy-Pacific and CES have an equal 50 per […]
Thai Beverage, the spirits giant that makes Chang beer and SangSom rum, is expanding into the fast-food business to take advantage of the rising appetite for fried chicken in Asia. ThaiBev agreed to purchase more than 240 existing KFC restaurants in Thailand for about 11.3 billion Thai baht ($340 million). A deal is also in place for […]
A short time ago, the Aussie was at 0.7871, down half a per cent for the session. The chart blow is showing a steady sell-off. The interesting thing is there’s no clear reason for the move, although global markets have moved to a risk-off tone as we await Chinese inflation data soon. The sell-off was […]
Predictions for good growth with Brambles. The estimates for earnings per share range from $0.42 to $0.61 with an average expectation of 90.6% growth. This is roughly a range of 55% to 125%. BXB is today available with a PE (price to earnings) ratio of 27.2x and this also tells us the stock is undervalued […]
The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]
In about a month, thousands of JP Morgan Chase & Co. (NYSE: JPM) employees will begin to move into the financial giant’s new regional campus in Plano’s Legacy West — a hub powered in part by wind energy. The move into the 1 million-square-foot campus within Legacy West will be the first of a multi-phased consolidation bringing about half […]
Shares of Boral Ltd (BLD.AX) are on watch as the Tenkan Line has moved below the Kijun line, indicating negative momentum for the equity. Boral Ltd moved -0.03 in the most recent session and touched 6.89 on a recent tick. Traders are paying renewed attention to shares of Boral Ltd (BLD.AX). The current 14-day RSI is presently sitting at […]
There could be an easy way to reverse the underperformance of Wesfarmers Ltd’s (ASX: WES) share price. The struggling conglomerate is likely to get a nice kick in its share price if it spun out its DIY warehouse Bunnings into a separately listed entity, according to a prominent fund manager who was quoted in the Australian Financial […]
With a market capitalization of USD $19.41 Billion, Woodside Petroleum Ltd (ASX:WPL) falls in the category of stocks popularly identified as large-caps. These are established companies that attract investors due to diversified revenue streams and capability to enhance total returns through dividends and buybacks. While value and historical performance are important in analyzing a company, […]
Have CBA’s earnings improved against past performances and the industry? To limit the impact of volatility in annual earnings, I use CBA’s best fit version of its past five-year growth to compare against the past year growth. The company’s small EPS growth of 0.67% over the past year was below the five-year average growth of […]
The Australia and New Zealand Banking Group (ASX: ANZ) share price is always worth considering in my opinion. ANZ is one of Australia’s big four banks and one of the biggest businesses in the country. ANZ has prospered over the last two decades due to Australia’s economic growth. ANZ was unique with its strategy after the GFC. It […]
Executive remuneration has raised eyebrows in the past, but the shareholder vote to endorse pay sailed through relatively unscathed despite talk of proxy advisors ISS pushing for a first strike vote on executive pay and the Australian Shareholders’ Association demanding greater transparency. Chief executive Nicholas Moore will retain his spot as Australia’s highest paid executive […]
Since 2015, its yearly dividends have fallen from $1.39 per share to $0.67. Buy, Hold or Sell No doubt, shrewd investors are running their rulers over Woolies shares. After all, it’s not every day one of Australia’s biggest and most well-known companies falls from grace – although, Telstra Corporation Ltd (ASX: TLS) might not be far behind […]
Almost 9/10 Australians rely on a smartphone for everything from works calls to personal banking, navigation and photography. But just when smartphones are at their most useful — when you’re in a foreign location — using them to their full potential can become much more expensive. Despite regulatory changes, global roaming is still one of […]
Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]
The Malaysian ringgit rebounded against the US dollar on Thursday (Jul 27), benefitting from the Federal Reserve’s decision to keep its interest rates low longer, a dealer said. At 6pm local time, the local unit stood at 4.2760/2790 against the greenback compared with Wednesday’s close of 4.2825/2865. The dollar fell to a 2-1/2 year low against the euro and a 13-month trough against […]
The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to veto its decisions. Eurex Clearing, the Deutsche Boerse AG-owned subsidiary that would probably benefit most if London was […]
A senior citizen and a government retiree both pleaded not guilty at the Sessions Court here today to a charge of possession of 1,679 pieces of counterfeit RM100 notes amounting to RM167,900. Chan Hui Boo, 70, and Mohd Nasir Aman, 59, allegedly committed the offence behind a hotel in Jalan Sheikh Ahmad in Seremban around […]
A Minnesota-based grocery company is making a power play in the Chicago area, stepping into the void being left by the bankrupt Central Grocers, a nearly century-old grocery cooperative that’s closed up shop. Supervalu Holdings has entered into an agreement to buy Central Grocers’ massive distribution center in Joliet for $61 million. Supervalu reported fiscal first-quarter net […]