Uncle Ti 88

We take a look at euNetworks, a European internet infrastructure company listed on the SGX. Things are looking good for this company. Look at the stock price now (we are not considering the interest of substantial shareholders for now). euNetworks stock chart Look at when the insiders buy into the stock. Do they know or have an indication that the company is doing well? Kai-Uwe Ricke Independent, Non-Executive Director bought on the open market on 14 August 2013. John Scarano who is the Vice Chairman of the board and also the Executive Vice President of Finance, Operations & Corporate Development bought some on the open market on 28 August 2013. Daniel Aegerter Non-Independent, Non-Executive Director bought on the open market on 5 September 2013.  Look at what the disclosure form, part III states: "Mr. Aegerter gave a purchase order to his bank to buy up to 200,000 shares at SGD 0.58 per share. The purchase order was given on 5 September 2013 and was v...

Let's not mix up between insider activity and insider trading. Some people see that it is actually a fine line separating the two. But let's not dwell on that. For stocks trading on the Singapore Stock Exchange (SGX), the board of directors, key management personnel and substantial shareholders have to report any changes of their interest in the company. Board of directors and key managers have to file in FORM 1: NOTIFICATION FORM FOR DIRECTOR/CHIEF EXECUTIVE OFFICER IN RESPECT OF INTERESTS IN SECURITIES whenever they buy or sell their interest. This creates transparency and their trades are open for all to see. We will use this information to assist us in evaluating a company. There are other forms for other reportables (person/parties) as well and we shall also take a look at those as we go along.

Olam International - COT Proxy Olam's stock fell after Muddy Waters report that Olam is too ambitious in reporting its profit. Muddy Waters report carries a lot of weight as they shorted Sino-Forest as well as other a bunch of other companies and those companies are on the brink of closing down now. Even though the price has risen in early morning trading today, there is still a lot of downside. Based on our COT Proxy, the commercials has been shorting since early 2011 and another short signal was given in October 2011! The shorts are still in play and we got the signal way earlier than the Muddy Waters report. Stay clear of this stock until we see the commercials turn to net buyers. Don't be fooled when Olam said that they are buying back some stock. Stay clear of that bull trap statement.

Epicentre - COT Proxy         The huge run-up to 0.43 seems tempting to go long. With the recent launch of the Iphone 5seems to make the stock stop short in its decline, will the launch of the new Ipad help boost this stock? The commercials are still net short on this one. It is recommended to wait for a net long signal.

Ascendas India Trust - COT Proxy Want a piece of Indian real estate? Looks like it is not a good time to go into it now, commercials are selling. Although a rebound  might be in sight. They just reported a 20% drop in its distribution per unit to 1.20 Singapore cents for the first quarter ended June 2012.

Asia Pacific Breweries - COT Proxy It is TIGER TIME! This is one stock that everyone is watching now. A takeover battle is in the works. It all started when a Thai billionaire acquired stakes from OCBC and somehow the other shareholders get all jittery and now Heineken NV and Japan's Kirin Holdings are joining in the fun! It was reported that block trades were made this week as unknown buyers are accumulating shares. If we take a look at the COT Proxy, we know that the "big boys" or whoever they are have been accumulating since 14 June 2012 when the prices are still low at 34.50!

Osim - SGX - COT Proxy I would define this company as a value-added health product. Need massage chairs, belly vibrators? Think Osim. The commercials are moving into being net long and prices are moving higher. Time to go U-Long?

Cosco Corporation - SGX - COT Proxy Cosco is involved in marine engineering and dry bulk shipping. Prices are edging higher from the low in November 2011. Will the optimism in the economy lift marine and shipping stocks? Usually these industries are used as a barometer for the economy as a whole. The commercials are still net short however their numbers are decreasing. Waiting for the time for them to be net long. But do take note that the commercials can come late into the game!

Biosensors International Ltd - SGX - COT Proxy A high-flying medical technology company that develops and manufactures medical devices. COT Proxy was heading down somewhere in August and became net long in September 2011 and it is continuing its rise up. Read in the SME (Small and Medium Enterprise) magazine published by the Straits Times that the company is holding some medical patents. Probably this will be a cash cow for the company. Have not read the full prospectus/annual review and I can't comment much on this. But what I do know is that it is in an uptrend!

JES International Holdings SGX - COT Proxy - Time to Buy? I received a request to do a COT Proxy on a SGX stock JES International. This company operates a shipyard in China. I would normally avoid S-Chips stocks (China stocks that are listed in Singapore's SGX) but we will take a look at this anyway. The price have surged last week from the low of 0.145. The commercials have been right so far in this stock. As you can see when they buy price goes up and when they sell price goes down. However you can also see that they are sometimes too early or a little too late. This time the price has gone up but they are still net short. They might seem to be late to go into the buying or probably they think it might be a false bull run and they will maintain their short position...

Here are the list of stocks for SGX that the commercials are shorting: 1) Wilmar 2) UOB 3) UOL 4) Ascendas REIT 5) Cosco Corp 6) DBS 7) Genting 8) Keppel Land 9) Olam 10) SembMarine 11) SGX 12) SIA And many, many more!

Back in June 2011, we looked at the Singapore Exchange (SGX) chart. See link here . The commercials were short since April 2011 and it was recommended not to go long in that period if your risk tolerance is low. Let us see if that was a good recommendation. Singapore Exchange SGX Share Price - Commitment of Traders COT Proxy The commercials are still maintaining their net short position. The SGX share price is currently at 6.09. The failed ASX-SGX merger is one of the main headlines that SGX created and what a year it was for SGX in 2011.

CentraLand just announced that it will be delisted from SGX next Friday. Pickard Enterprises Limited offered SGD 0.40 per share to acquire all the issued ordinary shares.

Singapore Technologies Engineering Ltd - SGX - COT Proxy Since our last post of Singapore Technologies Engineering (ST Engineering), the commercials are still net short however the numbers are trending towards the commercials being net long. So let's get the cash ready and wait for the signal to buy!

No commercials to follow, so how do we trade this, are we going to apply for this IPO and have a small piece of this Manchester United's stock? Heard that they approaching Temasek as a cornerstone investor? Will they buy it? See here on what to do  Manchester United IPO - SGX

Samko -SGX Commercials are net short Samko. After flying high for the last few months, the time has come...

SGX - COT Proxy Past few examples we see the commercials are accumulating even when the prices are falling. But which stocks are the commercials avoiding even when prices are "dirt cheap"? See the chart... SGX! Price falls and commercials are net short!

F&N - SGX Prices are falling and commercials are still net long! Who do we trust? Price or the commercials? Note : Remember that the commercials are not short-term speculators, they do not care what the prices are as they are in for the long-term. They load up more as prices keep on falling. To them it might be a bargain. They do have the resources to stomach the so called paper losses. For smaller investors the decline might be too hard for them handle ie. margin calls, psychology, etc.

Wilmar - SGX Lets see what Wilmar has been up to. China has allowed suppliers to raise the price of cooking oil and Wilmar has done just that. Prices will rise about 5%. Wilmar is the largest owner of branded packaged edible oils in China with a market share of about 45%. Good news? Still the prices are retreating due to massive sell-off. However do take note that the commercials are still net long!

SIA - SGX In July we saw the signal signal to go long as the commercials are loading up on the stock. Straight away in August we are seeing a huge drop in the prices. Do note that SIA has just given out its dividends. This selling could be because everyone is selling the stock after the dividend has been given and also what has been going on around in the world. Of course we are not here to analyse the real fundamentals. What we are going to do is just follow the commercials aka big boys. They are still net longs even though the prices have been dropping although the no. of net longs position holders are declining. Remember that the commercials are not short-term speculators, they do not care what the prices are as they are in for the long-term. They load up more as prices keep on falling. To them it might be a bargain. They do have the resources to stomach the so called paper losses. For smaller investors the decline might be too hard for them handle ie. margin calls, psycholog...