Thursday, October 16, 2008

Welcome seasoned investors, come in out of that cold!

Well, back, burnt to a crisp and suffering frostbite; It's a cruel world out there and the finance bears have sharp claws!


Here is a little snippet of the roller-coaster ride that has kept me from my favourite things (like SL and Virtual Investment Services)

The US house of representatives have approved a $700B bail out for the finance and banking industry. Nationalisation of Investment Banks (the remaining ones that haven't gone belly up yet!) Shares collapsed again last week. This appeared to be due to an investor panic regarding the freezing up of money and credit markets. The ride continues...

Here in Oz, things have been just as rough:
Sydney: Government moves to guarantee bank borrowing and inject capital into banks, along with US moves to buy bad debt should help unfreeze money markets and enable shares to move higher. The AUD$ has seen a slide of over 30% in the last 3 weeks (which is great for our existing USD$ investments, but not new ones!) Currently sitting (and it will change in 3 seconds...) around the 0.69US cent mark...Retracting interest rates and falling commodity prices mean there is more downward pressures in store for our local sovereign.

So, apologies now for the lack of posting, but I am sure there are some forgiving souls out there..
Back to the performing markets;

WSELIVE has been a smash hit so far since it's revamp and the prices of all listed companies have recovered substantially from their pre-close lows.

Big news this week was the unfortunate (and sudden) delisting of MH Motors (CAR), who announced they will be moving to a "less high standard" (sic) exchange. (ISE)
Trading on CAR has been a little over-zealous to say the least with prices maxing out around the $W24 mark on very reasonable volumes! That's a little crazy when you start looking at the PE ratios, but let's not go in to that now.
Seinkiewicz Investment Management (SIM) also made the move to a smaller exchange and I must say I was among those sad to see them go.

Other companies riding the boom cycle right now are (ALC), (AMI), (RDX), (FKH) and (FVS)
  • (ALC) announced 3 new sims and has seen a steady rise in price, hovering around $W5.50 mark and trading steadily.
  • (AMI) has stepped up and Adonis Action has been flaunting the word out there, seeing tops of $W2.00 and averaging around the $W1.20 mark in the past few days. With monthly reports showing modest figures and no dividend payment since the reopen, the bubble obviously isn't as tight as some others.
  • (RDX) Solid business model right from the start, suffered from day-trader rout during most of last year and is only now seeing reasonable pricing averaging over $W2.00 for the past 2 weeks and tops of $W3 (even one massive day of $W10!!) not uncommon.
  • (FKH) Low market cap and very few shares, proving the model of scarcity as trading in this company has hit highs of $W150 on a list price of only $W10. Not bad, (huh hmm...google..huh hmm...kidding)
  • (FVS) There were always skeptics of the dreaded SL "Fund" companies, but Mart Lupino has showed the staying power and the earnings aren't too shody in this emerging market. The decision to delay the dividend wasn't met with the usual panic and the shares are sitting quite comfortably around the $90-$100 WIC mark.
The WSE fund began trading again also last week, which is a welcome return. As the market stabilizes, we should soon see the return of the World Traders Fund to the floor as well.

Finally, news just in, check out the Applications section under the new offers tab and you will see the latest addition appears to be a RL company that is wishing to list on WSE. I do believe this is the first of it's kind to this market and I must admit I am extremely excited..off to do some research...

We will be making a more concerted effort to provide market analysis over the coming weeks, with a commitment coming from me to get Splinkrot Writer and VerySmart Sella back on board for a minimum of a weekly round-up in the short term.

Over to the Metaverse Investment Fund now; and major developments in the past 2 weeks have solidified current positions into the GREEN with commissions payable for applications and redemptions from the fund reducing from 3.5% to 1%! Good news for both existing and newcomers to the fund. 499 investors now feeding the $L6.5M fund with almost $L600k in dividends in just over 8 months in existence.
(Boy, do I wish I could convince my Risk and Compliance dept. to cast their eyes over this!)

Our plans to bring our products to market are still in the works and the final stages of the initial seeding are under way. Stay tuned.

Glad to be back.
Yours sincerely,
Logansan Oh
- CEO, Chairman.

Monday, August 18, 2008

The return of the market...so far:

Well, I wouldn't say it was back a vengeance just yet, but we have seen some movement on the market since it's re-opening a fortnight ago.

We mentioned just after the opening there was a commonly held opinion it may take a little while for the users to return and it seems they are slowly coming back online, with around 150 active users stated in the average 24hr period. There also seems to be some new faces coming on board via the Facebook channel, with the 25,000 user number now topping 27,700. Not a bad increase in less than a month with minimal media.

On the trading front; there have been a few solid days topping W$200k turnover with the largest day recorded being yesterday at almost W$260k with over 196k shares changing hands.
The biggest movers thus far being AMI, RDX, SNE, CAR and SIM, all managing some good numbers across the 2 week period.

Prices on these shares have varied, with most increasing slightly and some retracting to find support at a more reasonable value. As stated earlier, those holding shares prior to the relaunch seem to be holding for higher prices, which is a double-edged sword, but does bode well for those of us in for long positions. Some initially expected a sell-off, but the World Stock Exchange has obviously proven it's place on the virtual exchange stage with this relaunch.

Still a little early to be producing reasonable speculative analysis and some CEO's are yet to release full financials and forecasts.

Pie-in-the-sky:

  • Redux Technologies (RDX) - Highly respected scripting, recovered well from pre-WSE4.0 undervalue, great financials, great forecast.
  • Sarah Nerd Mainland Estate Holdings (SNE) - Ever the rock, ever resistant, Second Lifes' Linden Lab and potential mainland changes look to increase value of mainland by removing some of the nasties and re-focusing on communities, SNE is one of the best placed to capitalize on this.
Just my 2wics for now.

Once again, check back for Splinkrot's analysis on WSE4.0 (once the kinks are ironed out) and keep on tradin'!!

Sincerely,
Logansan Oh.

Monday, August 11, 2008

coming along nicely..

Work is progressing in our new toolset and offerings and should be completed within the week.

So far the turnover at the exchange has been gradually increasing, but as awareness grows and the market begins to bring in liquidity once again, we will be able to gather the correct data in order to model our strategies for investors.

I must say it is against my general approach to business to be a "jack-of-all-trades" but so many opportunities are passing across our virtual tables that I cannot find the time to master just one. I believe this will not be too detrimental to our success, as the goal posts move constantly in this environment, re-invent or die. Pretty cut-throat, steep learning curve, but dividends should pay off in the long-run.

We have found the new data available on the new WSE4.0 very insightful and our security enrichment process which we used before is fast becoming obsolete, with the World Stock Exchange providing much more thorough and meaningful information on its listed assets.

Our funds under management continues to grow and diversify, with our search continuing for new and improved revenue streams. Trust me; volatility in the FX markets is a BOON!

Sincerely,
Logansan Oh

Wednesday, August 6, 2008

Analyst - again..

Well, I have logged on to WSELIVE today and I am once again an approved Analyst :) Happy Days!
I also found that the first approved analyst and ex-WSE employee MouzurX Wise has placed up a market analysis for the day. This is great news for us! The report is complete, thorough yet simplistic, which gives us a chance to update our toolset and diversify our offering to the market.

Splinkrot Writer ("Righter" on Facebook, hahaha chicken, you got owned by the ghost-in-the-face-machine!) will be producing a full application analysis in the coming days as the "kinks are ironed out" and the full service offering becomes available. This should also allow the market time to gain some momentum.

In the meantime, I would love to hear from some of you on what you think of the new WSE4.0 so far. (if you are out there Sportsbets, I'm waiting to hear your excitement at CAR..)


Sincerely,
Logansan Oh
-CEO, Chairman

Monday, August 4, 2008

and they're off..WSE 4.0

Well, the nay-sayers’ will be eating their hats and freezing in a very hot place as the World Stock Exchange re-opened it’s doors yesterday and has begun a new chapter in the world of the Internet Economy.
Not a bad start and nothing like the expected “run” seen in previous resumptions of service with WSE and other Virtual World Exchanges. As at close of day (which we will be using GMT00:00:00 from here on in) market turnover was W$124,997.51 with a total share volume of 77,492. Considering the market has been open for just on 18hrs, there is still plenty of room to move.

LukeConnell Vanderverre was present at the WSE4.0 Launch in-world at Hope Capital island; stating that he expected users to begin to come back online within a week as they logged in and got the news from invites and notecards. He told the investors gathered “give it 10 days (to fully get going again)”. Today he added the following message to the site.

We had a sneak peak of the new Facebook interface over the weekend and after playing around, must say we are impressed. It seems to have lived up to our expectations. Splinkrot Writer will be covering the application feature set in more detail later today, but Facebook users can take a look here and existing users will be familiar with the original website.
(Our new favourite tool is the “Advanced Orders” or Conditional or Stop Limit Order, but I don’t want to steal any thunder, so go check it out yourself!)

Another announcement today from WSE regarding the financials for the World Traders Fund and WSE (the old ‘Hope Capital Limited’) states that these will be available at 9:00:00am UTC (GMT) or 2am(PST), which should put allegations of “double standards” or “lack of transparency”, finally, to bed.

A brief report today: Movers and shakers were RDX, first cab off the rank, clocking up over 60k shares and topping a whopping W$38.10 when the market opened. SNE saw some volume later on in the day, with their earnings showing a loss, but showing resistance as the price steadily grew from W$1.00 to W$1.69 on close, sitting comfortably above the December/January prices of just under $L0.90.
After some solid earnings announced right on close, FAG began trading just as we took our snapshot, so we are expecting this one to take off in today’s trading..
There were still a few yet to get a look in, with trading halted on WTF and FKH, WSE in secondary until September 21st and ALC just not happy with the current BID’s.

Happy Tradings and Welcome back everyone!!
Yours sincerely,
Logansan Oh
-CEO, Chairman
S&W Assets and Funds Management

Sunday, August 3, 2008

S&W Assets and Funds Managment - The Road Ahead..

Hi everyone,

Well, you would be hanging on those baited last breaths as we await the re-launch of the World Stock Exchange and you wouldn't be alone, trust me.

You have probably been wondering what we have been occupying ourselves with over the last few months, well, let me give you a few ideas;

Splinkrot Writer has taken a break from reporting duties to research some Business Development ideas we had been bandying around. This has proved both successful and profitable as we have now developed a strong position in a few Virtual World markets, bringing in regular revenue.

VerySmart Sella has continued his study and experince in Trading and is now a few steps closer to holding a traders licence in Australia. He will be joining us back on the WSE shortly...so look out for a new-improved "new kid on the block"

Logansan Oh, (that's me!!) has obviously been holding up the fort and exploring some of my own ideas for capital investment. The funds under management over at http://metaverseinvestmentfund.com/ have almost topped 300k and to date have earned investors over 400k in dividends and heralded a consistently increasing stock price since opening.
Company changes with http://www.deliciousdemar.com/DDE/DDE_Index.html have created plenty of noise, but overall, the most solid investment made thus far in SL, returning around 70% on initial investment already!
The remaining markets within SL have slowed to a grinding halt and are suffering a renewed wave of declining investor confidence, with particular
As always I have one eye firmly planted on the REAL WORLD markets (and just as well, I have my life savings in there!!) for any opportunities or early indicators or coming volatility. (Off the top of my head, last FX price for my 2 top crosses; AUD:USD-0.9307, EUR:USD-1.5559, hehehe)

So we have been busy and for good reason. There are three key milestones we wish to acheive for S&W Assets in the coming month;

  1. Adapt our proven market tools to the newly launched WSE4.0 on Facebook
  2. Launch our tools to the public on an exculsive subscription only service
  3. List S&W Assets and Funds Management on the World Stock Exchange to allow a capital injection to better leverage our current market positions.

We feel now the market has evolved and matured enough to benefit from these services and our reputation can speak for itself on the precarious Virtual World topic of "trust".

So, we hope that you will get behind us so that we can impart our knowledge back to you and with it, the ROI you have been searching for!

Yours Sincerely,
Logansan Oh
-CEO, Chairman

Sunday, July 27, 2008

CO.MI.NG - now 03.08.08

It's almost here! After a long (long..long) wait, the World Stock Exchange looks set to return in a little over a week.

A quick look over both the WSELive site and the WICExchange, shows the new launch date.

I tried to get into Hope Capital island in-world, but it seems it has either changed names, or been removed from search.

Hopefully I can get hold of Luke Connell before the launch date for more info.

Yours,
Logansan Oh