Over the weekend, I have received a mailer notification from American Express on the upcoming change in their Krisflyer miles reward scheme for their existing AMEX Singapore Airlines Krisflyer Gold Credit Card. For a long while, the scheme is among the best in the market to earn Krisflyer miles and be able to convert them automatically every month without additional…
Tag: Financial Review
Apple Q2 2014 Results Snapshot & Technical Analysis | US Stocks
On 23rd April 2014, Apple (AAPL) revealed their Q2 2014 earnings, which saw 43.7 million iPhones sold, exceeding the expectations of Wall Street. The company also increased their stock buyback program to over $130 billion, on top of announcing a 7 for 1 stock split; all this drove the stock up around 8% in after hours trading. The margins are still…
Financial sector a big laggard or a sign of bigger storm ahead? | Technical Analysis | US Stock Market
For the past quarter in 2012, Dow Jones Industrial has seen a steady upward price momentum with key indicators also ticking up. Nevertheless, the volume has not been too comforting, coupled with much in-decisiveness depicted in wide weekly range swings and doji formations. Interestingly, the DJ Financial Index has been a big laggard against the general DJI components. It is…
Singapore Bank Stocks – Underperformed vs STI | Accumulate on further weakness | Technical Analysis
With the recent anxiety over Greece & Italy’s increased risk of not meeting their debt obligations with observed increased yield rates of their long term government bonds, there is renewed weakness in most banking stocks throughout the region. As seen in Singapore, Financial sector is seen to be underperforming against the overall STI as much as 4-8%. This is not…
Crocs stock price plunged on unexpected profit warning – opportunity or more bad news? | Technical Analysis | US Stocks Review
On Tues 18th Oct 11, Crocs (CROX) pre-announced earnings and warned about a possible 25% decrease in its earnings for the quarter. Though it provides an early evaluation of the company’s financial performance, the market reaction was still very drastic. In one night (after hours), Crocs lost 38% of its market cap overnight. I have always been a great fan…
Starhub (CC3) – a good defensive play during uncertainty period and post Singapore Election 2011 | Technical Analysis | Stock Markets
On 5th May 2011, StarHub (CC3) Ltd reported its 1Q11: 1) Revenue inching up 0.2% YoY to S$558.5m (fell 0.1% QoQ due to seasonality), 2) Net profit, on the other hand, jumped 62.1% YoY to S$69.1m (but slipped 14.1% QoQ). StarHub has declared a quarterly dividend of S$0.05/share, payable on 2 Jun 2011. For the entire 2011, StarHub continues to…
Osama Bin Laden is dead – How will Silver, Gold and Oil prices react? | Financial Review | Stocks & Commodities
On 2nd May 2011, one day after Singapore Labor Day, US President Obama officially announced that Osama Bin Laden was killed in a joint raid overnight Sunday in Pakistan’s northwestern district of Abbottabad, some 40 miles from Islamabad. The town also is home to a Pakistani military academy. Two American helicopters took part in the operation, the official said. One Pakistani…
US GDP data – still shows a weak US economic state | Financial Review | US Economy
Last night (29th April 2011), US released their latest US GDP economic data which shows that United States GDP increased at an annual rate of 1.8 percent in the first quarter of 2011. In the fourth quarter, real GDP increased 3.1 percent. The positive contributions came from: – personal consumption expenditures (PCE)– private inventory investment,– exports, and – nonresidential fixed investment The…