MISSION STATEMENT: Stock investors can make money by careful investing. It is the mission of this blog to share stock investing knowledge and ideas so that we can all benefit from the stock market.
ABOUT
I am a remisier with a local Singapore stock broking house. This blog was set up as a personal endeavour for all stock investors to share their knowledge on stock investment, be it on Fundamental Analysis (FA) or Technical Analysis (TA). The combination of this knowledge would be FATA (发达）, which means to prosper in Mandarin. It is my sincere wish that members will benefit from this sharing of knowledge and prosper. For many of us, we need to make our money work harder for us so that we can have sufficient for retirement. But at the same time, be careful about your investment. As Warren Buffet said: "Do not lose your capital". DISCLAIMER: It is important to state here that this information sharing and discussion is purely for that purpose - sharing and discussion. This blog was started in good faith by the administrator, but all investors should take personal responsibility for their stock investment decision. Neither the administrator of this blog nor any of the contributors to this sharing/forum will be responsible for any loss that you may suffer as a result of your investment. You are advised to do your own research before making any investment decision. It is also important to state that inevitably, there will be stocks where the administrator and/or blog members would have an open position (or interest) in. This is inevitable as surely we would "put our money where our mouth is". In no way does it mean that we are soliciting your support to "pump up" the stocks as it is totally your choice whether to trade that particular stock or not.
Sunday, 5 October 2014
ASIAN PAY TV TRUST (as at 3 Oct 2014)
Asian Pay Tv Tr as at close of 3 Oct 2014
At
the close of trading on Fri, Asian Pay Tv Tr formed a "doji"
candlestick, showing the market's indecisiveness on this stock. However,
it is still being supported by its 150 day MA. There appeared to be a
slight divergence of the stochastic indicator from its price movement
direction. While the price movement has been flat, the stochastic has
now pointed in an upward direction. Also, the MACD histogram has been
showing green for the past 3 trading days. There is therefore a high
probability that the stock will move back up to try and break up above
its 50 day and 20 day MAs again. With an estimated annual dividend yield
now of about 10%, it will be attractive to pick up this stock again.
The company has announced that from 3rd quarter 2014 onwards (i.e. for
the period ending 30 September 2014), it will distribute its dividend
quarterly. The
company has also indicated that for the 2nd half of the year, it will
continue to pay about 4.12 cents, which means a quarterly dividend of
over 2 cents.
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