hi expert,

most people will still sit and watch what your take today, correct ?  suddenly cheong so much need to drop a bit today ?

Tags: Capitaland | Rickmers Maritime | Rickmers Maritime Trust | SGX | Singapore Exchange

WRITTEN BY THOMSON REUTERS

MONDAY, 04 OCTOBER 2010 08:39

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Singapore shares may open higher on Monday after Wall Street extended its rally, led by gains in resource stocks following data in China that showed a pick-up in manufacturing activity. Singapore’s benchmark Straits Times Index <.FTSTI> rose 1.07% on Friday to close at 3,130.90 points. The Dow Jones industrial average <.DJI> was up 0.39% at 10,829.68. The Standard & Poor’s 500 Index <.SPX> gained 0.44% at 1,146.24. The Nasdaq Composite Index <.IXIC> finished 0.09% higher to close at 2,370.75. Here are some stocks and factors to watch: CapitaLand (CATL.SI), Southeast Asia’s largest developer, may be in focus after it said its unit Ascott Residence Trust (ASRT.SI) had paid $458.2 million for the acquisition of 28 serviced residence properties in Singapore, Vietnam and Europe. Shipping trust Rickmers Maritime (RIMT.SI) said on Friday its chief financial officer Quah Ban Huat has submitted his resignation to pursue other interests, but will remain in his position until April 30 next year. Singapore Exchange (SGXL.SI), Asia’s second largest bourse operator by market cap, said on Monday that the Straits Times Index will be delivered on a new streaming technology that will allow users to make quicker trading decisions.

Good point.

"Managing Risk" is really an important element in stock trading market. How you can reap profit while maintaining the position is an art rather than science. Risk can come into many forms. Risk of losing the uptrend when you have sold your holding earlier.. Risk of dropping more when you buy at higher price..etc etc... It is emotional rather than technicality.

Star-Trader 

Ha ha, sorry, AK apology. Yesterday busy at Ipoh, Perak,to look for old frd who had worked in Spore for yrs. Visited Old mum as well. Spent whole nite at frd restaurant for sea foods n drinks till mid nite at a small town, Chermor, not far fr my kampong. When reached kampong, no strength to login liao.

Today, ha ha, since noon,  hving Carlsberg n  chit chat session with old kampong frds, its real wonderful moment in such a small old kopitiam, which only selling hallal curry noodles, for all races. Just catches up with sifus, as didn't follow with brother in law families for seafood dinner next town. But will go for small bite later, as now my stomach is full of Carlsberg.

Anyway, AK heartfelt tks for sifus' care n concern, fr far away. Hope more good yrs for Genting SP tomorrow loh. Cheers n best regards.

1. Singapore Week Ahead

Singapore stock market continued to rally this week. Straits Times Index (STI) had its sixth consecutive weekly rise.

This week was similar to last week as STI only continued to move up at a moderate pace while pennies continued to dominate the top volume list. This was despite that STI broke this year high again, but there was no accelerated rally. Nevertheless STI ended Q3 at 3098 compared to 2836 for Q2 end, hence was up 9.2% for the quarter, which is a decent quarterly gain.

Going into the month of October, Singapore market will be tested for the liquidity needs of three government related giant IPOs. They are Mapletree Industrial Trust (S$1.1b) and Global Logistcs Properties (US$2.4b) which had already released their prospectus and Sabana Reit (S$500mil) that is expected to release prospectus shortly this month. A total of close to $5b may be raise for the month of October. Funds subscribing for these giant IPOs may need to sell other shares to raise cash, hence there may be some selling pressure for the next two weeks.

Furthermore as usual, caution may rule the mind of investors as market cross over to the month of October. Hence it may be prudent to raise some cash for the month of October. It is usually easier to take profit when market is making new high. When market is retreating, a queue order to sell is harder to be done. 

In short, it may be prudent to raise cash as we enter into the traditionally jinx month of October.

Regards,

Tags: Genting Singapore | Genting Singapore Plc

but not be4 without casualty. Watch... Err...casualties ?, for this coming week . 

It took to boost it share price on it 5th day (Fri) to end at $2/- on Oct 1st, 2010 (4th Q-2010)

teeth53      ( Date: 28-Sep-2010 11:38) Posted: Those on long term - No Problem (taking profit is nomal) and leaving some or certain amount of shares is equally as common. Got profit, take and always leave some (dun hold) Just a pssing thot. Will be back to above $2/- soon, but not before without casualty. Watch... iPunter      ( Date: 28-Sep-2010 11:03) Posted: Nowadays, hearing the sound of distant thunder may make the heart pump very fast..    hehe..

Well said.

Managing risk is in fact more important than making money in stock trading. Once the risk is controlled and managed, the "making money" will fall in place. As many had said before in this forum, once you can preserve your capital, you will have higher chance of making more money in the long term.

In anyway, thank you for sharing although I have not gained anything from all your recent posts yet but  I look forward to seeing more of your postings.