List of Singapore Exchange Approved Stock Broking Firms

  • Post author:

SGX Update: on 12 April 2012

Welcome anyone to share service experience on the above Singapore Stock Brokerage Firms. You can write your review on what your like or dislike their services (e.g. trading platform, value added services, responsiveness, etc). My intention is to create a platform for experience sharing for 3 reasons:
  1. For the stock brokers to improve their service level to retail investors like us.
  2. To provide valuable insight and our experience for the newbies to select the stock broking firm carefully.
  3. Check and Balance on the Stock Brokerage House in Singapore on the REAL service level versue their Marketing Gimmick.

Continue ReadingList of Singapore Exchange Approved Stock Broking Firms

Global Logistic Properties (GLP): Very Sexy Head and Shoulders!

  • Post author:

Global Logistic Prop (GLP) is showing a very sexy head and shoulders, or multiple Tops or whatever you want to make it. Bottom line is GLP is finding difficulty to break the $2.22 resistance to move higher. Why am I saying this chart pattern sexy and potentially make shorties drool? Basically GLP is showing very clean pattern and the support / resistance levels are very clear. GPL has clear cut head, nice shoulders, refined neckline and bounced up or down nicely from the Fibonacci Retracement Levels most of the time. GLP has broken the neckline and currently coming back to test the neckline and 20D SMA. If GLP fails to overcome the neckline and bearish signal appears (2/5 EMA cross down on weekly and daily chart), the minimum price target of this Head and Shoulders Breakout is $1.94. Will this chart pattern repeats itself? We will see.

Global Logistic Properties Limited will release its full year financial results for the year ended 31 March 2012, on Thursday, 24 May 2012, after the close of trading.

  • Price: $2.08
  • Current PE: 10.73
  • Rolling PE: 18.36
  • Beta (75 days): 1.45

Continue ReadingGlobal Logistic Properties (GLP): Very Sexy Head and Shoulders!

Starbucks (SBUX): Good Buy?

  • Post author:

Cautious: Don’t be misled by the Post Title!!

Starbucks (SBUX) has been on fantastic bull run for the past 3 years. Is it still a good buy now?

A few notes for myself:

  • Current price ($58.05) is also getting near to all time high of $63.23.
  • PE Ratio = 34.88
  • P/B Ratio = 9.95
  • Daily Chart 2/5 EMA crossed down and testing 20D SMA.
  • Weekly Chart Bearish Harami found at the top (near historical high resistance) and 2/5 EMA looks like going to cross down.
  • 10 years chart show a nice Parabolic Curve since the run up in 2009 (Yummy!!!)

 


Continue ReadingStarbucks (SBUX): Good Buy?