I read about the Stock Challenge on Next Insight. The gains the participants made are no big deal. Some use margin, some not. Those who trade on margin are at an advantage.
The rules are not clear. But I assume can only trade SGX stocks and not warrants. I shall unofficially enter the contest. I'm confident that at the end of the Challenge, I can beat them :-)
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Stock Strategies and Predictions
This blog is about strategies and predictions, especially on Singaporean stocks. Technical analysis and fundamental analysis, mostly TA, are applied to identify accurate and reliable buy and sell calls. Get all the info you need to make informed decisions.
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About Me
- Nostradamus
- You may be wondering why I call myself Nostradamus. First, let me tell you who he is. Nostradamus (1503-1566) made many prophecies which came true. He foretold the death of King Henry II of France in 1559. He predicted the Great fire that destroyed London in 1666. He also predicted the French Revolution, Emperor Napoleon, World War II, Hitler and the Kennedy assassinations. Like Nostradamus, I have an uncanny ability in stock predictions :-) This blog has a companion website at http://www.shareportal.biz/index.php I'm a Supreme member and regular contributor to the ShareJunction forum.
3 comments:
Bought the following stocks:
Stock Bought($) Qty Cost($)
Hyflux 2.70 4,000 10,800
Global Voice 0.045 220,000 9,900
Adv SCT 0.22 45,000 9,900
Indofood Agri 2.28 4,000 9,120 39720
Bought the following stocks:
Stock Bought($) Qty Cost($)
Magnus 0.055 200,000 11,000
Beauty China 0.52 18,000 9,360
Portfolio as at 12 Jul:
Stock Bought($) Qty Cost($) Value($)
Hyflux 2.70 4,000 10,800 11,680
Global Voice 0.045 220,000 9,900 12,100
Adv SCT 0.22 45,000 9,900 9,675
Indofood Agri 2.28 4,000 9,120 8,920
Magnus 0.055 200,000 11,000 12,000
Beauty China 0.52 18,000 9,360 9,360
Cash $39,920
Total $103,655
Profit 3.66%
Bought/sold the following stocks:
Stock B/S($) Qty Cost($) Value($) P/L($)
Hyflux Sold 4,000 2.70 2.82 480
Magnus Sold 200,000 0.055 0.06 1,000
Magnus Bought 200,000 0.055
Magnus Sold 200,000 0.055 0.06 1,000
Indofood Agri Sold 4,000 2.28 2.07 -840
Portfolio as at 19 Jul:
Stock Bought($) Qty Cost($) Value($) P/L($)
Global Voice 0.045 220,000 0.05 11,000 -1,100
Adv SCT 0.22 45,000 9,675 9,000 -675
Beauty China 0.52 18,000 0.47 9,360 8,460 -900
Cash $39,920
Total $102,620
Profit 2.62%
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