Saturday, January 08, 2011

Stocks to watch for the coming week in SGX.

With the non-farm payroll report out of the way and the start of the reporting season come Monday.....likely to see the market here and elsewhere to continue with the rally.

I will be keeping a close watch on Gentings PLC to run past the peak of $2.35 soon. Noticed the volume picking up esp on Friday with the stock trying to run but it pulled back to the opening price of $2.22. The reason maybe due to the NFP report due on Friday night.

At present....I am fully vested in Ezra, Gentings, Cosco, ST Eng and SGX. With the main bulk in Ezra but planning to re-align the holding to equal holding for both Ezra and Gentings......with the rest ( 1/3 ) in Cosco, ST Eng and SGX. Presently.....will just focus on the stocks traded here and not with those in HK. Felt I lost touch with the happening there, therefore need some time to pick up the gut feel.

For forex....planning to lay low for the moment to focus on stock for this coming week.

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