Wednesday, December 26, 2007

It's raining dividends!

Tis' the season after all... but it seems the CEO's are full of cheer (or is it profits?) as the announcements of dividends over the past few days for this week just keep rolling in.

  • (LLL) posted "a tad short" of expectations with a healthy $L0.097760 dividend on 23rd. Nothing to whine about there!
  • (LEM) also rewarding investors (apart from fantastic gains over the last month) with a $L0.045 and a bonus $L0.015 for a total of $L0.06 on Jan 3rd. Keep your ear to the ground on this one!
  • (FAG) steadily improving and the dividend announcement of $L0.08 on top of the high price is showing many of the others up with it's continuing $L0.02 weekly dividend on top!
  • (CAR) has a pending dividend for Saturday 29th of $L0.025
  • (MAI) continued it's regular dividend and actually decided on an early posting of $L0.02, keep your eyes out for the report
So, will the jolly sentiments continue? Let's hope so!
We will endeavor to get the complete report out for you all shortly, but until then, here is a quick round up of the 'movers and shakers' as she says:
  • (HCL) Not fairing so well over the festive period with investors dropping the foundation stock and today it's right down at $L0.90
  • (SIM) plenty of action on this with today and the 23rd seeing all the action and making waves around the $L1.02 point, which is good news for the stock.
  • (WTF) has slowly but surely collapsed and hit $L0.02 bids today!
  • (MYT) playing pump and dump seeing the light breaking the $L0.04 mark only to rush out the door with a big drop of $L0.03
  • (LLL) Has continued to fall since the SPO and has been flicking between $L1.79 and $L1.90 over the last 4 days
  • (AMI) early interest on 23rd with over 100k of shares moving at $L0.39! Massive interest
Enjoy yourselves all,

Logansan Oh
- CEO, Chairman

Thursday, December 20, 2007

Can I get a 'sigh of relief'?

Market swayed upwards today, influenced by the heavyweights. Volumes began to return on the mid-week hump (how long was SL down this time!?) and people started to hone-in on lingering bargains from the last few days. Today's market shakers were: (ALC23.1%), (AMI-7.1%), (AMS-20.0%), (HCL21.6%), (SIM-16.5%), (WTF-33.3%) and (CAR2.5%)

  • (ALC) has been quiet for so long since it's less than expected growth and income, but rose from the dead today to post some amazing ranges with lows of $L0.66 and sitting vicariously on a high at the moment of $L0.80
  • (AMI) in the news again, this time with a great surge early today, only to land below yesterdays slump to close down at $L0.26
  • (AMS) still flipping around and getting someone some green, dropping most of yesterdays profits to sit restlessly on $L0.08
  • (HCL) subject of some traders today, seeing a good average and some healthy gains, up at todays high of $L1.18
  • (SIM) Shaun Altman (19.77%) struck again, dropping 130k of shares onto the floor (and some happy 'camper') as the stock suffered falling to $L0.66
  • (WTF) only moving due to hard-line spread trading, the 'fraud-fund' penny-stock fell to it's lowest levels on solid trades hitting $L0.02 today
  • (CAR) continued it's run of positives clocking a slight gain up at $L1.63
Recommendations - Well, people are finally coming to the party on our recent picks (is it insider trading if I have some too? Well, I haven't, like i said before "I own 10 of each stock for reporting purposes")
  • (SIM) might be too late, but if major shareholders want out so quickly, I wouldn't be surprised if more of these bargains popped up. (Check out Logansan's report on SIM)
  • (AMS) (I don't need to give you the disclaimer again..) watch for movement south before jumping on for a 30-40% ride!
  • (LEM) I would watch for anyone profit taking from the last few days of advances. This is one to catch before it drives over the $L2.00 mark
  • (WTF) Need I say it...
Is that a red suit in your pocket?
SW

Wednesday, December 19, 2007

QUIET! QUIET, QUIET QUIET!

Middle of the week weekend again as volumes dropped below half a million trades. The market took a major downturn early in the day only to pull some of those losses back to finish on average down 7%. The penny stocks barely moved and the popular stocks from earlier this week were the only ones seeing any action: (AMI-20.0%), (AMS66.7%), (HOT5.0%), (LEM21.1%) , (RDX-33.3), (SLW-2.9%) and (CAR4.6%)

  • Action Mortgage and Investment (AMI) dropped back to it's bottom line position today at $L0.28
  • A.M. Sportsbets (AMS) still not releasing any news and still tempting punters on a quick buck, picked up where yesterdays drop left off to recoup the losses and strike the $L0.10 mark
  • Kush Islands (HOT) hopping around all over the place today seeing a low of $L0.80 and attracted many of the Christmas shoppers as the price quickly recovered to hang around the $L1.60, closing the day on a very unstable $L2.10. I expect a few more moves before the day is up!
  • Lemur Invest (LEM) Sent out a positive sentiment today on the future and current standing of the House of Derivatives. The market was obviously interested and the underpriced stock picked up steam to end on $L1.55
  • Redux Technologies (RDX) struggling in many areas (including the numbers!) and jumping around with (HOT) today hitting a low of $L0.60 and highs of $L0.98 to close down at $L0.66
  • SLWizards (SLW) began the tough road of post-SPO with some improving volumes and a small loss to hit below the SPO price at $L0.99
  • MH Motors (CAR) still proving itself as the bucker-of-all-trends, saw very healthy trading today (over 50k traded) and managing to keep the movement facing north up to $L1.59
Recommendations - With the market dropping to this months lowest, there are bargains all around the place.
  • (AMI) If you have been following the motion on this one, it's heading towards the trigger of BUY @ < $L0.26
  • (AMS) as I stated before, high risk due to no announcements, but if you had followed the waves, the profits would be yours
  • (LEM) Trading well below NTA, positive news from Casper and plenty of room for movement (upwardly), this is a BUY @ < $L1.50
  • (SKY) Watch for movement off the spread, move on the low with anything under $L1.40 a BUY
  • (LHH) This one needs a little more explanation, a derivative is an instrument (a stock we will say) that is based on (derived from) another fund/stock or similar (basically, it can be derived from anything with value, monetary or otherwise). This particular derivative is based on the price of (HCL). It has reached the top or barrier price now, so the guaranteed return on this is a minimum of $3.67 per share!! So having said that, it seems the spread is where to make both profit and find the bargain for this longer term return. Definitely a BUY @ < $L2.50
The silly season is upon us!
SW

Monday, December 17, 2007

How much bad news can we get in 1 day?!

Well, if anyone saw front page news today, seems the credit crisis barrels are leaking their toxic waste into the generally crystal clear blue-chip waters with $50bn knocked off the market...oops, that's RL!
Sorry, in SL news today, another delisting (REZ) following on from the announcement that (KJL) was permanently halted. Rezzations had not released an announcement for over 60 days.
The Rock insurance detailed their plans to begin honouring the covered shares of Kejo Land Group. Delicious Demar wrote that her hope had diminished that Kejo Merlin would honour his commitments on the land sales, which would result in a substantial (715k) loss for DDE for the month.
The market was lead down as sentiment followed and only a few bucked the trend.
Let's take a looksy at the woes today: (AMS-40.0%), (DDE-8.3%), (HCL-1.0%), (HOT-13.4%), (PFW13.8%) and (FKH-41.1%)

  • A.M. Sportsbets (AMS) with speculation this will go the way of ol' yella having not kept up it's end of the listing bargain, traders are never-the-less having some fun while it lasts dropping yesterdays gains to close at $L0.06.
  • Delicious Demar Enterprises (DDE) negativity abound with investors dropping smaller than expected gains after the SPO and some carriers possibly cautious about the impact of the (KJL) failed transfer, began the day heading towards the SPO price and at one point hitting $L2.24! The positions aren't overly convincing and last check it was sitting on $L2.75
  • Hope Capital Ltd. (HCL) obviously moving with the market in general saw some lows today of $L0.94 before clawing back to $L0.96
  • Kush Islands (HOT) was quick to respond to pricing problems and details of the CEO changeover but that didn't completely quell the markets desire for red today as the stock closed down at $L2.00
  • Parks Fireworks (PFW) began the long road back to $L1.00 in flying fashion today shrugging off the markets tantrum and posting good gains at $L0.74
  • Flying Kitten Holdings (FKH) suffered a major blow today, the heavily weighted stock seeing a fair chunk taken off it's high price, even with major shareholders increasing their holdings the losses couldn't be slowed finishing on $L5.00 even
Recommendations - My itchy brain was right to be cautious yesterday but there are a few positions now that warrant a look-in:
  • (AMS) proceed with caution - With no 'visible' assets spread amongst the market, it doesn't seem plausible for a WTF conversion
  • (DDE) has already stated the possibility of a substantial loss and is factored into the financial plans, no reason to run to the hills as such. BUY @ < $L2.75
  • (HOT) some news hit the stands soon after our report yesterday that helped calm the nerves, but no address directly of the sell-off by Rockwell? ("you can't please everybody...")
  • (HCL) all major shareholders increasing their positions the second this takes a slide is noise enough for me to want to keep my finger on this pulse. BUY, and BUY some more < $L1.00
  • (PFW) I am putting this one down to a SPEC BUY as the price should keep growing, but if the traders jumped in on the lows, they won't wait for a comfortable position before they let them go again
  • (FKH) as above, SPEC BUY at this low as the trend here is to skyrocket before tumbling again. No explanation but price fixing in my eyes! Take a look at the NTA, but don't forget to look at the last announcements...
Take the power back!
(getting excited about seeing RATM..again)
SW

Santa Claus is coming...

Well, again with the weekend flutter!
The market ended up after the weekends fluctuations. Sunday was the biggest profit take and many stocks closed their positions lower. Big news this weekend with WSE announcing analysis of current IPO's in application.
The major changes at close today: (AMI25%), (AMS-9.8%), (DDE1.9%), (HCL-1.0%), (HOT4.5%), (RDX2.0%), (SSP50.0%) and (SLW-22.5%)

  • Action Mortgage and Investment (AMI) saw major investment over the weekend as the end of the week lows were driven away with over 100k shares snapped up closing on $L0.35
  • A.M. Sportsbets (AMS) flicking like a typical gamblers luck, falling to $L0.06 earlier today only to find support in and around the spread and finished down for the day $L0.10
  • Delicious Demar Enterprises (DDE) cracked the psychological barrier of $L3.00 later today and hovered there for the time being
  • Hope Capital Ltd. (HCL) still managed to linger around the $L1.00 mark with heavy trade volumes throughout the weekend ending the day slightly down on $L0.97
  • Kush Islands (HOT) didn't look in the best shape as news of the CEO Rockwell Ginsberg considering stepping down and the last few days selling off the stock. Too obvious to be untoward, we will attempt to contact before any speculation! The stock managed a rally today ending up at $L2.31
  • Redux Technologies (RDX) with news of the 'upcoming' movements of the CEO saw some confidence in the stock but investors remained cautious (we have seen this before...) closing slightly up at $L1.01 after an early dip
  • Second Street Partners (SSP) gained plenty of ground today with major shareholder Niesh Ames increasing position to 5.04% with over 200k shares changing hands, but the CEO dropped shares without an announcement, leaving the stock poised for a move either way hitting a top of $L0.18 for the day
  • SLWizards (SLW) consistent since it's inception, found itself a victim of the post-SPO blight today with an obvious lack-of-confidence position sought by the traders sending the stock weaker with a similarly weak footing on $L0.79
Recommendations - Plenty of lows over the weekend were capitalised on but I managed to pull out the following:
  • (HCL) the note card sent out to investors of the market highlighted some very important areas for the participants and the future of the exchange. The next few months will be scorchers!!
  • (SLW) if you can snap these up under $L1.00 do it while you can, the price fixers will only loose so much..
  • (SSP) I want an announcement on this one...
  • (HOT) not one for the scary pile, another one an announcement wouldn't harm...
So, sorry about the lower level of optimism, I guess the WSE tightening has got my knickers in a knot!
See you tomorrow,
SW

Sunday, December 16, 2007

Oh what a weekend!

Well, there was certainly plenty of action around over the weekend!
This is not the weekend wrap-up (as that will come later), but I thought I would express a few thoughts and bring a few items to the markets attention:

I was having a good chat to a few of the local WSE chatters (Ivan, Sportsbets) and we joked over the validity of the SL.Oil IPO listing which was receiving votes in the application stage. A novel idea, but definitely falling outside the new listing rules. We were a little concerned that the new rules weren't being followed. Now, I'm not sure if that conversation went further, but it seems the strong-arm of the WSE came down and removed it not long after.
This seems to have sparked another market-wide sweep of conformity within the application listings.

I haven't been watching these very closely, but I wanted to put out the topic for discussion:
Do you think more analysis should/could be done on the application listings?
Would you vote for those you thought looked promising?
If yes, would you consider buying into the IPO?

I will be putting up a poll shortly and would appreciate your feedback. If enough people would like to see some more analysis, I will find a resource to complete this.

Sincerely,
Logansan Oh
- CEO, Chairman

Wednesday, December 12, 2007

Can I get a hallelujah?

Plenty of action around the regulars today and the market saw a slight gain overall for the day.
Let's take a look at these guys: (AMI-32.4%), (AMS-20%), (DDE5.9%), (HCL-10.7%), (LLL19.5%), and (SNE12.9%)

  • Action Mortgage and Investment (AMI) Not good news again as Stryker Yoshikawa (6.95%) drops more of the shares with a huge sell today of 120k at $L0.265 and closing on $L0.25 flat
  • A.M. Sports Bets (AMS) profits all over the place today (typical for this little gem) with fluctuations up to $L0.10 on reasonable volumes. Sank to $L0.02 again before closing up on $L0.12. This ain't over!
  • Delicious Demar Enterprises (DDE) completed the acquisition of (DSE) today and immediately saw major shareholders and the market jump at the chance to grab shares on the cheap. The stock closed up (finally) on $L2.86
  • Hope Capital Ltd (HCL) still suffering at the hands of traders with market investors throwing large amounts of the stock around below $L1.00. It closed down again today at $L0.92
  • L&L Land Sales (LLL) had some early volumes around the $L1.60 mark, finishing up for the day with a vicarious $L1.90
  • Sarah Nerd Estates and Mainland Holdings (SNE) well, oh tomorrow called it yesterday and we saw some followers come in and take the price up to $L0.79
Recommendations - Well, seems like I might need to start a mothers meeting before these suggestions from now on.
  • (DDE) I have been saying DDE and no one listened...the long hard road got a jump-start today, don't expect it to stop there!
  • (AMS) like a hawk! Really, today made someone (hopefully more than one..) very happy. Watch the spread and any breaks. A sure fire hit below $L0.07
  • (SKY) dropping slightly again today. Watch for a move below $L1.10 and snap it up
  • (ETC) earnings had some good numbers for November and ended slightly up on the news today. Watch for a drop to the lower spread and BUY
Well it's aaaaallllright,
SW

Monday, December 10, 2007

AMI, CAR, DDE, LLL, SLM

Definitely a day for the traders with small volumes spread amongst the market causing fluctuations aplenty. The market closed down slightly at the time of reporting, but nothing to write home about with many of the final prices not sitting firm.
As mentioned, here are the days big changes: (AMI48%), (CAR-19.8%), (DDE-9.4%), (LLL-20.1%) and (SLM2.7%)

  • Action Mortgage and Investment (AMI) looks like I spoke too soon as reasonable volumes and Kalisha Action (6.08%) continuing the buy-in, closing up at $L0.37
  • MH Motors (CAR) saw some profit taking from major shareholder Rockwell Ginsberg (2.94%) today after an extended good run slipping to $L1.50
  • Delicious Demar Enterprises (DDE) still hurting from the post SPO blues and news of a (DSE) acquisition to dilute the DDE share value. There is a resolution (which looks to be passing) currently. The price closed down early at $L2.70, but the position is not solid
  • L&L Rentals and Sales (LLL) was suffering traders blight today with small trades sending the price well below the SPO at $L1.59
  • SL Marketing (SLM) with a promising announcement today sending a positive message to the market, though it didn't quite spark the momentum I would expect with a small rally up at $L0.76
Recommendations - I'm a firm believer of NOT following the news, but simple numbers dictate the news with (SLM); less shares = higher per-share value.
  • (SLM) read the announcement and join in the fun @ <$L0.70
  • (CAR) won't last long with the current falls, if you can pick up any of Rockwell's shares, go for it under $L1.50!
  • (DDE) under SPO, this is certainly a SPEC BUY for one of the only LONG stocks proven in the market @ <$L2.80
  • (HCL) still hovering below $L1 with a decent spread to attract volumes
Keep on truckin'!
Splinkrot Writer x

Sunday, December 9, 2007

Weekend wrap and day's action

I'm number 100!! That's right, the 100th post for us and it's me (let's see how long it lasts...)
Let's get down to business. The market was up at a whole today after a strong lead from the weekend with some good volumes on the penny stocks. Friday's low close for the week was rallied consistently over the weekend and yesterday we saw the biggest drive overall. Today started sluggish as it was quiet on the news front, but that has faded across the board with some healthy gains around: (AMI-32%), (FDE-44%), (FED54%), (SLM21%) and (APZ4%)

  • Action Mortgage and Investment (AMI) was pummeled over the weekend with major shareholders continuing the sell off, quicker than the CEO could buy then back. It made the cut again today as it took a 12c sting with 14k dropped sending the price down to $L0.25
  • Four Deuces Entertainment (FDE) in the face of a changing environment and new rules (which won't apply...) investors seem to be a little cautious dumping the stock and sending it crashing down to fresh lows of $L0.22
  • Ford Eddleman Designs (FED) saw strong support today rallying to $L1.93!
  • Secondlife Marketing (SLM) finally receiving some positive news and looks to be recovering from major shareholder sell-offs over a month ago. Could this be the dawning of SLM's day? Up at $L0.74
  • Apez Corp. (APZ) Rallied some of the profit taking drops that have occurred over the last week, this stock has been see-sawing like 2 kids with A.D.D! Up slightly to $L2.50
Recommendations: I seem to be attracting a running commentary (albeit a polite one...so far!) so it seems someone is listening out there.
  • (APZ) has always been a long and is starting to prove it's worth. Could see some strong support over the coming week as it finds it's feet
  • (SIM) suffering another slip under $L1.00, step in and pick up the tail end, the dividends and strong management are there
  • (HOT) when this debuted I compared it to KJL. Now I have to retract that as this would be detrimental. A HOT BUY (sorry) at < $L2.00!!
  • (HCL) I have to agree with the news-casters I read today (don't want a media war, so let's assume I made it up, it's a common one so someone else would have seen it) and put this in the URGENT basket. WICS, the predicted northern winter masses, fresh RL investors and a maturing market...need I say more? BUY!
Here we go for a big week,
SW

Thursday, December 6, 2007

DDE, DSE, KJL, CAR, GFP

Plenty of action around the market again today, with an early flip on yesterday and a slow steady drop to a loss for the day. A huge announcement from Delicious Demar regarding (DDE) and (DSE)'s future caused waves and some pretty huge fluctuations in (GFP) sent the market indices in a spin.
As I mentioned in the title we saw: (CAR-26%), (DDE1%), (DSE-15%), (GFP18%), (SKY-11) and (SNE-11%)

  • MH Motors (CAR) Feeling the pressure of the dividend hungry market after ambiguous news about the next payment, one large sell and a small trader spot saw the price retract to $L1.61
  • Delicious Demar Enterprises (DDE) stammered around this morning only to see a 1% gain over the day finishing up on$L2.91. Not good news for (KJL) holders, but I think we all knew that at this point. Let's hope DD is right...
  • Delicious Skins (DSE) whithered with acquisition talks as investors saw the potential merger a sign of a failing reinvention. Could be the best news for the company yet? We'll soon see. The price fell back to $L0.88
  • Geyl Fapp Productions (GFP) after the early morning craziness of $L19.00, the price settled back at $L0.60. But look at that spread!! Oh dear...
  • SKY Investment Funds (SKY) saw plenty of late action today in the market with over 10k shares dropped out sending the price back at $L1.00
  • Sarah Nerd Estates and Mainland Holdings (SNE) 3rd major shareholder Stephen Zenith increased his position to 1.16% but it was in his benefit as this sent the price down to $L0.66
Recommendations - Too early to tell about a few of today's big newsmakers, but there were a few market movements worth keeping an eye on
  • (SKY) can't go past this great buy @ $L1.00
  • (MYT) I have to say, after THI and TGB were sent into the WTF, my conception of the fund has skewed and anything falling under the price of WTF is now an instant BUY!
  • (RDX) profit taking on the back of the announcement from the CEO has seen this shrink, sitting again at a BUY price of $L0.89. Would be putting this in as a LONG.
  • (CAR) purely speculative BUY if we take the positive side of the announcement that the dividends will be paid weekly...a bargain at $L1.61
Have a great weekend!
SW

Honey, how 'bout a quickie?

Movement all ‘round the market today as investors hunted down the bargains after the last few days of price increases. Some of the dormant stocks got a kick start with only 2 zero trades for the day on the entire board! The market was slightly down overall led once again by the weight of (BPV)...
Big news again today as the SPO of (LEM) and (HUI) fell onto the floor. (hey, wasn’t HUI meant to finish in a few weeks?) and just announced, the rollback of the much hyped (LCA). So I expect a few more movements after this report!!
Movers and shakers were aplenty: (AMS-53%), (DDE5%), (HUI50%), (APZ-50%) and (%)

  • (AMS) suffered another fall today halving it's price and falling to $L0.07
  • (DDE) began a recovery from the post-SPO droop ending up at $L2.89
  • (HUI) started the run back on the trade floor late today with a buck up at $L3.00
  • (APZ) Looks like we spoke too soon as the recent gains were pulled off the table closing back at $L2.34

Recommendations – I think I should be keeping these to myself, but as I’m not in it for profit (I own 10 of each stock for reporting and analysis purposes) I will seek out what I can for you all

  • (WTF) heading back towards the lower end of $L0.03
  • (SLM) fell today, try and pick up some bargains around the $L0.55 mark
  • (AMS) the ride down should stop about now, jump in and watch the green!

Until tomorrow,
Splinkrot Writer

Wednesday, December 5, 2007

New Rules for Listing

There has been a very long waiting list of companies sitting in the "application" area of the WSE since it's inception a few months back. This was a new feature added for the market to decide on the worthiness of an IPO application and not just rely on the manual process of the members of WSE. This allows far more scrutiny of the companies, the CEO's and the business plan.
Not many have succeeded through this process to date with MH Motors (CAR) being one of the first, after waiting around 9 months!
Adding to these new market regulatory measures is the newly announced Listing Rules that hit the market on Monday. The continuing maturing of the market is providing a much needed strength to the overall feel of the equity exchange and indeed the SL/Virtual economy.
Two points of note:

  1. The entity's main Business Activity at the date of admission must be the same as it was during the previous 90 days. - Good or bad? I have seen many companies change COMPLETELY their focus and this would just not happen in RL without a complete restructure and name change and plenty of documentation to go along with it. Not sure how this one will pan out in the ever changing world of SL?
  2. The entity's total revenue from continuing operations for the previous 90 days must exceed L$300,000 or WIC$1,100.00 - That will seriously impede the struggling stocks/companies from overstaying in a declining business. If revenue drops significantly, the usual practices have included secondaries and other activities to draw as much liquidity into the failing company before the CEO makes a run for the door. On this point, and I need much more time to analyse all the up-coming companies, I would like to ask your opinions and any of the CEO's opinions on this option and how it will effect their business plan/model.

In other news (not related to this post) I thought you all might like to see something funny:

Sincerely,
Logansan Oh
CEO, Chairman

Are we there yet?

The only way is up...baby!
Strong day on the market and gains were spread far and wide. Surprisingly not where they were expected, but the bellwethers could be just taking their time to shine.
On the roundup today we saw: (AMI-30%), (AMS7%), (HOT11%), (RDX27%), (SRI-38%) and (APZ132%)

  • Action Mortgage and Investment (AMI) Even with CEO Adonis Action buying up the stocks, there was no reprieve as Stryker Yoshikawa (13.60%) dropped over 14k shares onto the floor. The stock finished down at $L0.23
  • AM Sportsbets (AMS) rallied yesterdays losses to finish up at $L0.15
  • Kush Islands (HOT) Reignited today after a slow week closing up on $L2.32. Let's hope this is the beginning of a return to power
  • Redux Technologies (RDX) Investors must have enjoyed CEO's big words of the "Pie" as the flagging price rebounded striking $L1.03
  • Spontaneous Rich Investments (SRI) Struggling in this volatile market, posting a minimum dividend, long investors dropped the stock after receiving what looks to be a consolation prize sending the stock down to $L0.13
  • Apez Corp. (APZ) Up fantastically again with solid volumes and high asking prices as it looks to return to the IPO price of $L6.00. It closed the day on $L4.64 (Can I get a WOOT!?)
Recommendations - Now is the time! (Didn't I say that yesterday? If you had of listened to me...) Still a few lying around but get in on the 'New Offers' while they're there!!
  • (WTF) Yes, I am saying buy. Why? NTA is higher than the price, dividends should be paid, it won't break the bank @ $L0.03 (pardon the pun)...need I say more?
  • (SKY) I am with the new guy, plenty of assets, solid management, solid plans and a 7% loss on price today at $L1.15
  • (LLL) still sitting on the SPO listing...cheap cheap!! BUY BUY!!
  • (LEM) Reasonably priced SPO, Casper certainly has my vote on 'trustworthy' and plenty of assets (check out 'most' of the major shareholders lists)
  • (HUI) now, one of the best dividend histories around...another cheapy on the SPO list.
Quickly now,
Splinkrot Writer

Monday, December 3, 2007

Long time no see!!

I'm back and it's been crazy! Yesterdays late recovery fell off today and the weekends low returned. Discussions during the week around the office on DDE seem to have been pretty spot on, as it appears the day traders are attempting to manipulate the stock into a failing perception in order to capture some bargains. Luckily there have been minimal trades.
Today's biggest motions in the oceans: (DDE-31%), (HCL-11%), (PPL-17%) and (APZ%)

  • Delicious Demar Enterprises (DDE) With major shareholders still buying up and the bargains are certainly there for the pickin'. Sitting at $L2.55
  • Hope Capital Limited (HCL) well, one bellwether is down, may as well send them all off to the dry-cleaners. Down at $L0.89
  • Peoplepool (PPL) with a solid announcement today, followed most good news with a loss sitting on a lowly $L0.54
  • Apez Corp. (APZ) With SLM partnership seemingly working, solid profits and strong interest from major shareholder Skimi Mission (1.61%), the price is climbing, currently on $L2.99 with the asking values heading towards the original IPO price of $L6.00! Wonders will never cease...
Recommendations - I must say it's BUY time around the place. Anyone wanna give me all their money, I promise to keep it with my alt - Splinkrot Bank. I will provide interest on balances with the dividends I receive from all the stocks! (I'm keeping the growth - Disclaimer: Not guaranteed by anything but me)
  • (DDE) Grab anything under the SPO and pre SPO price slot of $L3.00, NTA is over $L4.00 so it won't be too long before the profits ride in (not to mention the dividends!!)
  • (HCL) Obviously no one sees the dividend in the wings, the price is back to bargain basement at $L0.89
  • (SIM) fantastic dividends return and the price is still under $L0.89
  • (PPL) good numbers and positive outlook, BUY @ $L0.54
  • (SLM) better than expected financials (hot off the press!!) obviously the Apez crossover is helping, sitting cheaply waiting buyers @ $L0.43
Trust me, I love you all!
SW

The wave slows but has it peaked?

After steady, solid rises all week, it seems the market peaked over the weekend and began to recede on Sunday. This was helped by the fluctuations in FAG (BPV) and some adjustments will need to be made to our analysis tools to allow for the recent stock split. Me thinks this plays havoc with other indices like SLQuotes as well.
Biggest news is DDE is back on the floor and as predicted, shot up with some early profit takes ensuring that it didn't quite hit the roof just yet...

  • (DDE) selling out of SPO just in time, opened with a 34% increase and I dare say when everyone gets back in later today, this will change dramatically. I've been chatting around the trade floor and noticed differing opinions on where this will go. My bet is a $L5.00 ceiling on some small trades, settling back at $L3.50 with an upwards lean. Delicious Demar even speculated a $L4.00, which is still on the cards after the dust settles...just wait until Xmas!!
  • (FED) resumed trading with profit reports and information that lead a small brigade into a huge rise as the price soared 111% to $L1.90
  • (PFW) had a lackluster weekend sinking to $L0.22 before the bulls rushed in pushing back to $L0.60
  • (SUN) still hitting the news and still for all the wrong reasons, after a stock up-split saw the price back in record territory, the profits have been removed from the picture and the price is back to where it started from at $L0.55, still, it was up 90% from the weekend lows of $L0.29!
I would have to say there is a 'bear in there', but most of you would think I am talking about a market trend and not a children's show in Australia...it's definitely anyones pick on just how the next few days play out...I say RIDE 'EM COWBOY!
  • (SIM) have both been harping on about this for a while, dividends are back, profits back and the price is steady at a low of $L0.89
  • (PFW) still suffering the traders blight, may need just one solid LONG to save the price (and calm the CEO!! haha)
See you all soon,
Logansan Oh
- CEO, Chairman

(Cosmetic edits performed - SW)