Tuesday 30 September 2014

2014 Dividend Accumulator XVIII

Took the Take Share option this month by mistake! though I don't know if that is necessarily a bad thing.

01 Jan $197.14
10 Jan $1.55
05 Feb $7.47
01 Mar $75.00
04 Mar $7.11
01 Apr $23.01
02 Apr $34.97
21 Apr $182.00
30 Apr $105.84
02 May $65.31
18 May $150.00
21 May $500.00
26 May $13.62
24 Jun $38.65
17 Jul $83.33
27 Jul $57.52
20 Aug $76.00
25 Aug $83.85
29 Sep $78.33

Total Dividends for 2014: $1,767.08
Average per Month: $147.26

Tuesday 23 September 2014

Charisma Energy Services - Changes In Key Management

Recently, Charisma Energy announced changes in Key Management.

So far it hasn't done any good to the share price as it continues its slide toward oblivion.

3.5/3.6 now.

Haiz.

Hopefully it can make a comeback soon.

More contract announcements please!!!

Sunday 21 September 2014

Goldman Says

We had a Technical Analyst from Goldman Sachs come in last week to give us her take of the FX markets. Not only was she smokin' hot, she really knew her shit. So impressed I was that I've been following her TA calls since!

AUDUSD
6 month range between 0.89 - 0.94. Further downside thereafter to 0.80.

EURUSD
Short any bounce to 1.3250. Targetting 1.20.

USDJPY
Short at 109.50 with stop at 110, targetting 105. Long at break of 110 to 126.

USDSGD
Long at break of 1.2750, targetting 1.35.

HUAT AH!

Tuesday 9 September 2014

Scotland And The GBP

As with all the latest headlines recently, the Scottish independence vote is basically screwing up the GBPUSD.

One really wonders how much lower will it go with the vote two more weeks to go? Is it worth catching the falling knife?

Trade safe.

Thursday 4 September 2014

Charisma Energy Services And Giken Sakata Trading Halt

What are the chances of both counters experiencing a trading halt on the same day?!

Charisma Energy Services reported that it had secured another contract. This time worth USD72mil over a 7-year period to provide a fleet of 5 offshore support vessels. This is really good news because the contracts are really piling up for Charisma. In fact the document also states that the project is expected to have a positive impact on the group's earnings per share and NTA per share. Why it's still languishing at 4.1 cents is just perplexing to me.

Giken Sakata reported the proposed placement of up to 80,000,000 new ordinary shares. This dilutes the total float by almost 25%. And yet the share price has held strong at 33.5c. Perplexing yet again.

Not sure what to make of the price action, but I'm still very confident of Charisma Energy Services seeing better days in its share price.

HUAT AH!

Monday 1 September 2014

USD Strength Rebirth

And so the cycle continues.

Just when we all thought that the USD was dying a slow death, the rebirth happens on the back of so many convenient stories.

- Yellen's indication that the US will raise interest rates in 2015.
- Ukraine vs Russia.
- Islamic State (IS) vs Rest of World.
- EU and Japan pursuing quantitative easing strategies.

So all of a sudden, the USD has just gone from strength to strength reversing all the losses against other currencies.

Will we see a turn soon (again)?