the PRL placement

A dearth of ideas and participants dominated the session, possibly into the end of the week on the back oh hols. STI edges abv psychological 2300s, supported by optimistic economic fundamentals.

PRL's placement at steep 11% threw us off our game plan. It was well absorbed and topped wif an exceedingly bullish comment. It flew off us, broke 1.5 resistance and ,not to mention, stayed above. grrr... Looks like history does not always repeat. (HYF, KST).

Dun look into my past.

im drunk

Im in a daze most of the time, floating along on troubled waters, hoping the drift would push me onshore.

My hands are tied and my situations deny me of the opportunities that i wish i could have in order to pursue what i want.

I just have to move bit by bit.

Identification of a float in the midst of choppy sessions

SGX: recent fee hike marks the first of the many earnings accretive measures in the pipeline as fee structure remains well below its illustrious peers. . Potential revamp of trading and settlement procedures as well as cross border shs listings will significantly boost turnover. Foresee gradual upward revision of earnings against its current PE of 20x vs ASX's 25x, HKSE 22.9x, Bursa's 27x. Technicals look poised to test above 2.76s prev high for higher 2.88 (21.3x PE) trend channel resistant.

Sin Telco

domestic mobile mkt tapering off with penetration rate of 98.7% and mkt share has stabilised at 1/3 each. Without many opportunities to drive rev expansion, telcos have to rely on optimising costs and others to drive growth. Expect telcos to stay rangebound with yield supporting downside and muted growth to cap upside. One major driver is if telco decides to gear up and pay out more dvd.

i can nv stay rangebound. i would get lethargic and the stochastics would slip. i constantly seek for new growth areas so that my life could be one that i can shout abt to potential investors. It has been tough recently. Unattractive valuation provided no support on the downside and coupled with a jittery mkt seeking direction, I can feel myself drifting lower.

Regional weakness dampens sentiments of the local bourse, leading to profit taking as players site excuses like US job numbers, Apple's downgrade, bird flu etc. The same bird singing the same tune and really wonder when the worms will wake up and realise that they are abt to miss the boat to land luxy.

U find the same bells everywhere with the exact melody heard 10 yrs ago. The way it started, the way it ended. The way it went with its glorious climax and the way it drifted to ears of unhappy listeners. There are a few exceptions though. They managed to tow out of line, stayed there, and jeer at the distinct 'noise' heard while standing at the sidewalks. I managed to capture one such jeer as i float along. I want very much to stay still as well. So that you can rest your throat and retire with me.

A very fast week

It was a week that passed so fast.

Was in TW for almost 5 days. Entertain Entertain Entertain. Clubs in TW are totally smashing. Beautiful ple, Fantastic music, Frenly Culture. The 5 days passed in a blur, leaving me with the love of the place still. I wished to go back there again, w a gf this time. :)

Went back to work on friday. Mkt undecided and gittery as usual. Held on to lower oil pxs to stay afloat. However, I was smiling the whole time. I think im in love.