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