Showing posts from September, 2018

M1: Pre-Conditional Voluntary GO at $2.06

image credit to 有人欢喜有人愁 If there's one issue dominating the business headlines these days, it's definitely the " Keppel and SPHto buy rest of M1; Keppel to privatise Keppel T&T ". ( from The Business Times) Depending on what was your entry price and average cost, some may make money at this offer price and some may still lose money. I am the one belongs to the second group as my average cost is well above $2.06. This is a typical “Buy High Sell Low “ case as I have decided to sell some at around $1.53- $1.59, 2 weeks ago.   By hindsight, I should have keeping these stocks or buy some more to average down my cost … hahaha .

Asset Bubble : From Tulipmania to Bitcoin

<image credit:> “ An  economic bubble  or  asset bubble  (sometimes also referred to as a  speculative bubble , a  market bubble , a  price bubble , a  financial bubble , a  speculative mania , or a  balloon ) is trade in an  asset  at a price or the price range that strongly exceeds the asset's  intrinsic value .  It could also be described as a situation in which asset prices appear to be based on implausible or inconsistent views about the future.  Asset bubbles date back as far as the 1600s and are now widely regarded as a recurrent feature of modern economic history. Historically, the  Dutch Golden Age 's  Tulipmania  (in the mid-1630s) is often considered the first recorded economic bubble.” From Wikipedia .com
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