17 years of statistics – from as early as 2001 to 2017 – favour a stock market rally in January. I am referring to the Straits Times Index (STI).
It sounds incredible, but the stock market industry is just like the fashion industry!
About 88,000 Hong Kong families had applied for 620 subsidised homes, a record of 141 applicants competing for each flat, housing authorities said on Monday as the city’s overall property prices continued to soar. By the 7pm deadline, applications for …
Lately, I have witnessed quite a number of people walking with a swagger near the few kopitiams at Hougang area, and I started searching for the cause of this newfound confidence.
We all know who the most powerful person in the world is, right? We know that Donald Trump is powerful, right? Like it or not, he is the most powerful person in the world if you like or are neutral about him; he is not the most likeable personality and definitely not as important to some investors who may feel that the Fed Chairman or Chairwoman is more important.
It fell like a pack of cards; it turned soft like Roti Kaya bread dipped into a cup of piping-hot coffee. But the taste of Kaya and butter spread melting inside the coffee concoction can taste heavenly.
Believe it or not, our luck changes with time and during different seasons of the year. For some unknown reason, our sickness and health, poverty and wealth are governed by the universe that most of us find unfathomable.
It all began on 17 June when the company made an announcement saying that CEO Tjandra Adi Pramoko had trimmed his stake in Alliance Mineral from 34.21%, or 164,449,762 shares, to 24.62%, or 118,374,974 shares, for a consideration of $14.74 million. It was also announced that the stake, which also belonged to Living Waters Mining (Australia) Pty Ltd and Pramoko’s wife Suen Sze Man, had also been reduced.
It has been weeks, or maybe even longer, that covered warrants have been hogging the Top Volume column. Even the people at our Kopitiam are trading these warrants because these instruments are very active!
Having watched The Wolf Of Wall Street, The Big Short and, most recently, The Wizard Of Lies, one cannot help but feel that navigating the world of investors is akin to wading across a crocodile-infested river!...