Month: August 2009

Hi gals and guys,

I thought a new post will help grab your attention.

We got lucky and have managed to booked the Presentation Room at Phillip City Tower Level 6 (same place lah) from 1.30 to 4.30pm on Sat, 5 Sep 2009.

We shall have our next meeting then and there are some feedback the last meeting that I would like to address in the agenda.

1. Online Trading has been well requested and learning this skill will be an important step to manage your money and trade better. I will conduct a 30-min training session using live POEMS, I will see if we can have access to the terminals there for some hands-on during a short break. Those who wants to open POEMS account (free) beforehand, plse email me separately (foost@phillip.com.sg).

2. Stock Picks & Fundamentals – I shall talk about this in more details. We can also share and identify some attractive small & mid cap stocks and get organised to do some research on them as a team (investor club).

3. Review the stock market (STI) and anticipate potential upcoming correction levels.

4. Analyse the stocks you want to know more about. From feedback, some listen to “tips” and buy without knowledge; some got burnt badly before, are stuck with loads of shares and don’t know how to move on to take advantage of the opportunities that are opening up now.

5. Re-visit money management, timing market entry & exits and stop loss (auto with POEMS ProTrader).

6. Initiate discussion on Investor Club. Suggestion to call it SHC Top & Bottom Club (like sell top and buy bottom as motto)?

7. There will be a 30min break for socialising and chatting as we now have 3 hours. I know the last time was rush rush.

I have been asked if I can handle the buying and selling shares as a Phillip Security Consultant. Yes, contactually I am a Remisier with Phillip but have the flexibility of operating a mobile office as a consultant. Yes, I can open your trading account with online POEMS free of charge (even if you already have one) and yes, I can meet you anytime and place to do it. And yes, I will answer your questions, meet you, advise on shares and guide you to trade online to save on brokerage fees (0.28% vs 0.5/0.4%) if you so desire (especially for SHCians, to help you save money).

Lastly, any further feedback for the agenda are welcome. I know few have asked for coffees and soft drinks the last time. There is a great coffee shop at City Link about 50M from the City Hall MRT entrance and good local coffee O only 90cents. Maybe can buy during break (we will have a break this time, note the time is longer).

Same thing as usual, plse leave you name behind if you are coming so that we know how many will be there.

Thanks for your kind co-operation and looking forward to “siow liao lah” positive energy greeting again.

  Hello, I am new to SHC and my name’s Rosalind Lee. I was referred to this club by
        a friend and I’m glad there’s an informal club for Baby Boomers aside from the
        Residents Zone/Community Clubs’ Senior Citizen Clubs.

        I am 58 years old and a mother with two daughters and a son. I’m also have two
        grandchildren so like it or not, I am a grandmother.
        My former jobs were related to training with topics ranging from Personal Grooming to
        Product Knowledge. I should say I am in my elements when addressing a large crowd
        but I’m lousy in communications with small crowds or a handful of people. I am an
        Introvert and I have often been labelled a ‘snob’. *Sniff sniff*
        I quit working since Year 2003 and I travel a lot with my husband when he goes on
        leisure or business trips.

        Most of my friends are younger than me and they keep me ‘young’ in my outlook on
        life. Well, by joining this club I hope to have more friends belonging to my same
        generation and hopefully find compatriots to reminisce about the good old days.
        By the way, I am not as staid as I sound here. :p

Hi SHC members. Attend and learn "something"  about investment in this seminar.  For those interested to know about FX trading there are 3 time-slots on FX trading.  It’s on 22 Sat.  10.30 -11.00AM  Intrd. to FX trading;  3.15 3.45 PM p Trade Instant FX for a living;  6.15-645 PM – Actionable FX trading strategy.  For more details visit  web site:  www.investfair.com.sg/st

Hi hi, Adonaid needs helper to man the stall on Saturdays and Sundays for short hours both days from 11:30 am to 2:30 pm. Would recommend that preferably anyone residing in the East to make their trip worthwhile as Adonai is situated at Roxy Square. Help is needed if you know of anyone who does not mind working short hours and not so much needed the dollrs but just to pass time as Adonai may not be paying alot…..duties just to take orders and serve. You may email to me at everson_theblueplace@hotmail.com for further clarification. Thanks you and best regards, AnneC

My colleague has one box of 3 Petit Robustos Cuban cigars to give away.

Cigars smokers, if you are keen to have them , do drop me a line at sockie_sg@hotmail.com and I will make arrngement to pass this to you.

Sockie

Calling all Country Western Line Dance/Songs lovers.

I will be bringing a group of my students to an All Country Line Dance Nite at Leng Kee CC on Saturday 19th Sep and if anyone of you are keen to join us in the dancing or just sit back and listen to some Country Western songs you are more then welcome to join us for the event.

Details are as follows :

• Place : Leng Kee CC (Nearest MRT Redhill- 5 to 10 mins walk)
• Date : 19th Sep 2009 (Saturday)
• Time : 6.00 to 9.40pm
• Cost : $4.00 per pax
• Dance list : http://www.thewildwestsg.net/Events

From now till then, I will be teaching/revising dances from the dance list and if anyone of you are keen to attend any of the classes you are more than welcome to do so. Please drop me a line at sockie_sg@hotmail.com if you require any additional information

Members Attending

1. Sockie
2. Karen
3. Sally
4. Eileen Thean
5. Janet Chan
6. Ann To
7. Boon Liang
8. Ann Lim
9. Teresa Lee
10. Susan Tan
11. Grace Kok
12. Grace Wong
13. June Chin

PS

Since there were a few who had asked about revision, I think should add the info here instead of replying to indivdual enquries

I am trying to teach/revise as many dances as possible from the dance list in my ongoing classes now and if anyone would like to come for the classes on ad-hoc basis or sign on the course, you are more than welcome. Ad-hoc classes are chareged at $7 per lesson (1.5 hrs) but for SHC member I am giving this at $6. For regular course fee please refer to individual CC for their rates.

Class Schedule are as follows:

Mondays – 9.30am to 11.30am – Toa Payoh CC – Beginner and lower inter

               – 7.30pm to 9.30pm – Yio Chu Kang CC – Inter

Wednesday – 8.15pm to 10.00pm – Toa Payoh Central CC – Beginner & Lower Inter (pls note CC will be   closed from 18 Aug to 28 Aug for renovation work)

Thursdays – 9.00am to 10.30am – Kovan Paya Lebar CC – Inter (Slow n easy)

                    7.30pm to 8.30pm – Cheng San CC – Upper Beginner

 Alternatively I am availabe on Tuesday and Friday nights and if those who are going can find a place and suitable time for all, I can do a special class just for this function.

There will be slots for requests on that night so if you have any dances that you would like to do, pls let me know and I will forward this to the orgainser and see if they can slot them in, but please make sure that these must be country ones hor as the theme of the the dance is "I’m from the Country"  and the organiser will be doing a walk through/Teach of this dance too

Sockie

Dear fellow members of Silverhairs Club, in response to Terence’s dreams of things to happen, i am planning a flea mart and games day.

The place: Safra Mount Faber

http://www.safra.sg/data/resources/images/MF%20Clubhouse/MF_getting_there.jpg

We will have a flea market on this day, the cost per booth is $35.00 for Safra members and $40.00 for non- member.

Other activities:

1. Swimming – from 10.00am – 12.00pm                Member free/Non-member $3.20 per entry
2. Bowling    –  from 2.00pm – 5.00pm                   Member $3.80 per games
3. Dancing    – from  7.00pm – 12.00am                 Social and Latin Night/$15.00 with 2 drinks
4. Mahjong  –  from  10.00am – 1.00am                Per table at $5.35 per hour/4 tables booked
5. Flea mart  –  from 10.00am –  7.00pm              GS table provided
6. Karoeke   –  7.00pm  –  1.30am                        7.00pm – 1.30am/Every 4 hours $19.00 with 2 drinks

I need helpers and if you are a Safra member it would better to take  charge of each activities, I will overseas the flea market. Joy will help with the dancing session.

There is a common mahjong room which have four mahjong tables which I planned to book on that day. We intend to have a  mahjong competition!

Please indicate your interest, more detail will be given once we have member willing to participate to make this event a success! Whether this ideas get off the ground will depend on Terence, Dolly and Yew Kwong’s recommendation and support!

Eos,

Dan & Joy

There I go again.  Still enjoying my hospitalisation leave, and the mind is again drifting and dreaming.  We had a reasonably successful flea market some time last year.  At the time, we had about 12 tables, in town, on a weekend afternoon, attended by SHC members and passer-bys.

Thinking about it again, I was hoping we can do so again.  As usual, I dont have a place in mind, the date, the time or even how we should go about it.  However, I am hoping for a few options to surface.

1.  Someone who has a large enough place and who is prepared to open almost the whole day for interested members to display and sell their items.  Members would jaga their own items, and remove any unsold items at the end of the day.  No commercial items.

2.  Someone who knows an organisation prepared to let us use the compound for a day. 

Do email me if you can assist in locating 1 or 2.

And, although we have not found a place yet or the cost or the date, please indicate your interest if you have something/s to sell; something you dont want to use, have more than enough at home.  Preference or priority will be given to members on a first come basis.

Terence Seah

Dear all, I thought it might be more convenient to start a new post, troblesome to "scrull" around for some or maybe not at all

Thanks to the 43 or so SHCians who overwhemingly support the last Sat talk and meeting. It was a lively meeting and I am sure all have enjoyed it. We ran out of time and had to rush through at the end and ommitted the discussion on inevestor club. Also due to time, regretfully only half duly complete the feedback form.

It is encouranging to have positive feedback from Kenneth and LH Jie in their respective earlier postings; and also supportive comments from Terence and Tim. Thanks guys!

As suggested by Kenneth, a short summary for those who have not attended is duely.

The theme: Stock Market: Preparedness to meet Opportunity = Managed Luck and topics included

1. Positive Energy Attracts Opportunity

>> Happiness is the source of goodwill and positive energy. We are only as happy as those around us. By way of introduction, we tell one another how "good" we were feeling to the tune of James Brown’s song with same tiltle. High "5"s all around for re-inforcement. So now we can get lucky.

2. ST Index: 1998 to 2009 – Technical Analysis & Opportunities

>> We looked at the last boom and bust cycle and identified support lines and retracement patterns. From technical analysis, we have looked at possible retracement level around STI 2700-2750 points, following Fibonacchi’s retracement method and identifying strong resistenace turned support level. Next, we looked at possbile correction levels at 2420, 2244, 2112 & 1936 that we need to watch out for as prossible Fibonacchi’s turning points (buying 4D also suggested).

3. Investment Planning

>> We covered Basic Technical Analysis using Fibonacchi’s retracement; trend, resistance and support lines, top & bottom turning-point indicators, and divergence indicators to help us identify an opportunity when it arises and to prepare for entering or exiting a position (WHEN TO BUY). We then see how to enter a trade looking for candles confirmation and breaching of resistance lines; and how to exit with confirmation of breaching of support lines (HOW TO BUY). And of cource, a STOP loss plan (HOW TO CUT LOSS).

>> We tackled the question of "I only want to buy at $1 and then sell at $1.20 to make 20 cents, why should I be bothered with all these technical analysis?" with topic on Trading Psychology and see how FEAR, GREED, HOPE and EGO go trading shares. The picture becomes obvious that we need to cleard away all our emotion when investing or trading and follow the rules. If you don’t know the rules, go learn or rely on somebody in cahoot who knows the rule.

>> Next up, Fundamental Analsysis and Stock Pick which dealt with boring facts and figures about companies – price pattern and volatility, see the future and look at the past of the company, news and institution buyers. In USA, this is largely automated with a scoring system and available for subcription on the web. We are still backward, can this be a opportunity for SHC to develop and offer such services for Sgp and Asean market?Investor club members can share such info and save time (WHAT TO BUY).

>> Money & Risk Management – we talked about float and max 2% risk per trade (HOW MUCH TO INVEST). Allocation plan is such that the no. of successive losses is less than the 2% max risk. The idea is trade to survive (loose less money) rather than how much I want to make. Determine risk appetite, return, time frame, which instruments and apply risk managenet. We examine different investment scenerios as different types of risk management.

>> The emphasis on Online Trading and the basic skills needed to get started. I can start a class with POEMS and it is free to open a Phillip account (I will be happy to help) that comes with free access to the online POEMS. There is no rule to restrict you to only one trading account. You can have as many as you want and all free. Feedback needed if you want to attend. Commission is lower for online trading, so better learn.

4. Admin & Trading Rules

>> The do & don’ts in trading, the credit limit and what does it mean, the settlement date and forced selling, the wrong keying in of orders online and how to appeal, the opening of trading account and the service level of your remisier/ dealer. You can open as many Phillip accounts as you want and trade with the remisier who gives you the best service in making and protecting your money.

5. Investor Club – no time to discuss, postphone to next time. Feedback here is welcomed. For starter, I am suggesting we meet socially once a month and see how it goes.

Lastly, the feedback form is great for us to plan our talks better in future and to reach out to specific requests from the group. I have only received 19 on Sat and I would like to request those who have not done so to send an email to me foost@phillip.com.sg or sms XXXXXXX your email address so that I can forward you the soft copy for you to fill in and return via email. Or just drop you email address here in the post if your are too busy.

Please feel free to comment, ask or suggest. However, do give me some days if any lengthy respond is expected. And just call me if it is about the stock market price movements, it is time to watch for buying opportunities as most blue chips have started to pullback already. Crucial news from USA this Friday includes CPI, capacity untilization, industrial production and consumer sentiments.

Will keep you post on the next talk… cheers, ben

Dear Soo Kee and non Soo Kee,

Come and join us for Wine and Dine with a dash of humour and a touch of Hainanese hospitality!

Venue:   Mariners’ Corner Restaurant #01-02, 120 Cantonment Road, Maritime House, Near to Outram MRT

Free carpark subject to availablity. When you reach the gantry call 62249928 and say you are going to the Restaurant!

Date:      September 11, 2009 (Friday)

Time:      7.00pm

Highlights:   Free flow from open salad bar

                    Soup of the day

                    Choice of main course

1. Grilled ribeye steak with black pepper sauce
2. Original pan seared salmon with hollandaise sauce
3. Oven baked chicken combo with prawns
4. Hainanese braised ox-tail 
5. Braised lamb shank                    

          Coffee or Tea/ Dessert – Blueberry cheese cake

Cost:   $28.00 nett per pax with wine/$22.00 nett per pax for non wine drinker!

Corkage charge $10.00. Wine per bottle about $29.00 plus 10% or $5.50 plus 10% per glass.

Saturday nights are always packed, therefore we have chosen to go on a Friday night. If the response is good, we can book the function room and have a time of sharing jokes and telling stories!

Those on a budget can opt for a la carte dishes costing about $15.00 and if you top-up $3.80, you get a set which includes free flow from the salad bar, soup of the day, garlic bread, dessert and coffee or tea! This price is unbeatable in town!

EOs

Dan & Joy

Those coming:

1. Dan
2. Joy
3. Frank Kaw
4. Patrick Lee
5. Boon Liang
6. Helen Wong
7. Andrew Koh
8. Janet Chan
9. Ann To
10. Veronique
11. Peng Peng
12. Catherine Yeo
13. Charles Chua
14. Tian Soo
15. Suzhang
16. Lina Ng
17. Grace Kok
18. Marg Tian
19. Ronnie Sow
20. Jane Wong
21. Mary Chan
22. Richard Kee
23. Jane Kee
24. Grace Wong