SGX ADR, Robert A Olstein

Just to note down some interesting readings in Business Times today:

1) SGX will be launching ADRs which can be co-traded with US and HK. Some interesting ADR worth taking a closer look:

• Baidu
• Suntech Power
• Petrochina
• China Mobile
• China Telecom
• China Unicom
• Aluminum Corp China
• Yanzhou Coal Mining
• Huaneng Power

2) Robert A Olstein, co-author of "The Quality of Earnings", listed the following US companies which he claims to have good cashflow:

• Intel
• Microsoft
• Macy's
• Xerox
• Dupont
• Radio Shack
• Alliance Bernstein
• Home Depot
• Legg Mason
• Ingersoll Rand

Charles Nenner Track Record

I had been following his predictions since April this year.

It does look spookingly accurate so far.

The next milestone is to see if the strong rebound in Sep will occur. It looks like it is happening currently. If it really comes, then the major low due christmas would be next!

His predictions:

1. http://sgretailinvestor.blogspot.com/2011/01/charles-nenner-2011-updates.html
2. http://sgretailinvestor.blogspot.com/2010/06/charles-nenner-2010-2011-investor.html
3. http://sgretailinvestor.blogspot.com/2010/08/charles-nenner-updates.html

Peter Lim's stake in Rowsley

These are roughly his transactions, based on what is filed at SGX, and using the average pricing of the days:

date	lots	price
29-07-2010	4000	0.115
28-07-2010	18000	0.115
27-05-2010	6000	0.1
26-05-2010	4000	0.095
25-05-2010	6000	0.09
24-05-2010	24000	0.1
23-09-2009	58000	0.12

Based on these, Peter Lim's average price would be about $0.112

Highest recent price = 0.15 on 3rd Aug 2010

note: this does not include his stakeholder earlier than 2009.

Downtown Line Phase 3

Peter Lim's stake in Informatics

These are roughly his transactions, based on what is filed at SGX, and using the average pricing of the days:

Date	Average Price	Lots
4th Aug	0.165	32000
30th Jul	0.135	22000
29th Jul	0.12	19000
27th Jul	0.12	16000
26th Jul	0.1	20000
23th Jul	0.09	40000
22th Jul	0.06	26000

Based on these, Peter Lim's average price would be about $0.112

Charles Nenner Updates

So far his preditions had been pretty accurate. Check out this previous post: http://sgretailinvestor.blogspot.com/2010/06/charles-nenner-2010-2011-investor.html

Updates in mid July 2010:

• An intermediate high for stocks later this month (Aug 2010), followed by a late-August slide that retests recent lows
• A strong rebound into September
• After September, stocks should fall to a major low due Christmas Eve. Watch for the break of S&P below 1025
• DOWS will be around 7000 and perhaps overshoot to 5000
• The economy will not begin to recover until 2020
•  Stocks to invest in:
• Lennar (LEN)
• Toyota Motors (TM) 
• ExxonMobil (XOM)
• ConocoPhillips (COP)  
• ING (ING)
• Regions Financial (RF)
• Alcoa (AA)
• IBM (IBM)
• Best Buy (BBY)
• Reuters/Jeffries CRB Index 

Other Charles Nenner Posts:

1. http://sgretailinvestor.blogspot.com/2011/01/charles-nenner-2011-updates.html
2. http://sgretailinvestor.blogspot.com/2010/09/charles-nenner-track-record.html
3. http://sgretailinvestor.blogspot.com/2010/06/charles-nenner-2010-2011-investor.html

Hindenburg Omen

This Hindenburg Omen had been appearing in quite a few blogs recently.

From wikipedia, these are the conditions:

1. The daily number of NYSE new 52 Week Highs and the daily number of new 52 Week Lows must both be greater than 2.2 percent of total NYSE issues traded that day (currently, greater than or equal to 69, which is above 2.2% of 3126).
2. The NYSE 10 Week moving average is rising.
3. The McClellan Oscillator is negative on that same day.
4. New 52 Week Highs cannot be more than twice the new 52 Week Lows (however it is fine for new 52 Week Lows to be more than double new 52 Week Highs). This condition is absolutely mandatory.

A version of the live chart can be found here: http://stockcharts.com/h-sc/ui?s=$NYMO&p=D&b=5&g=0&id=p20489603975