S&W Assets and Funds Management

Welcome seasoned investors, come in out of that cold!

2008-10-16T20:11:00.000-07:00

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.

The return of the market...so far:

2008-08-18T04:53:00.000-07:00

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.

coming along nicely..

2008-08-11T05:12:00.000-07:00

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

Analyst - again..

2008-08-06T06:33:00.000-07:00

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

and they're off..WSE 4.0

2008-08-04T17:05:00.000-07:00

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

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

2008-08-03T02:10:00.000-07:00

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;

Adapt our proven market tools to the newly launched WSE4.0 on Facebook
Launch our tools to the public on an exculsive subscription only service
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

CO.MI.NG - now 03.08.08

2008-07-27T03:14:00.000-07:00

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

Still around!

2008-07-13T05:25:00.000-07:00

Hi all, apologies for not posting in a while, there just hasn't been much going on!
I have spoken to Luke Connell a few times recently and it sounds like it's all systems go for the relaunch of the market, so I'm getting excited about that.

The Metaverse Investment Fund is still going strong with 442 accounts and a share price (unit price) of $L1.137 at last check. Not bad at all.

You may have noticed the new link to the right, I have been using the VirWox site for converting $L's lately as I have found it to be a well run site. With the fluctuations in the FX markets recently, there is plenty of room for profiting.

Delicious Demar has decided to halt dividends for the first time in the companies listed-history. Big news, as she plans to increase the cash-at-bank in order to mitigate against any "changes" to policy, etc that could crop up from LL. Good idea in my mind, though there will always be a few nay-sayers that just want their dividends regardless of current market conditions.

I am working on a top secret project at the moment with a handful of developers in the Funds Management space at the moment. We are still in the proof of concept stage so I can't say for certain we will go ahead (or if my idea will work..) so stay tuned for more on that.

I wanted to know if anyone would be interested in following along with the other Second Life securities exchanges. I know I have mentioned this before and as this site was dedicated to WSE only (S&W = Second Life and WSE) maybe I can just rename the acronym and start to cover the other markets. I am not sure if there are other sites out there that are dedicated to the other markets (apart from those that are directly affiliated with said markets..) so maybe this idea could be beneficial to the readers. Let me know your thoughts..

Until next time,
Logansan Oh

Metaverse Investment Fund

2008-04-20T17:46:00.000-07:00

When I first spoke to Shaun Altman about the Metaverse Investment Fund, the total user accounts at that point was something like 200. Shares in the fund were a little over $L1.03 and the first month of investor returns (since February 1, 2008) was somewhere in the vacinity of 10%.
Fast-forward a little under 2 months and the picture is a now slightly different;

364 users (and counting)
14.8% Investor Returns
$L137,273.87 in total dividends
Current share price of $L1.07421

Those numbers aren't too shody. I still haven't managed to wrangle any further details out of Shaun about his "swinging doors", but he is obviously doing something right!

Although my original investment was "modest" by Shaun's standards, the return so far, including fees on the fund as at 18th April, is 7.2% since February 26th (50 days). Not exactly "Second Life Gambling Parlour" returns, but certainly better than most RL funds lately!!

Still waiting to hear from any other MIF investors on their thoughts on the fund. My 2 cents; Congratulations to Shaun on his efforts. Keep up the good work!

Movement at the station...

2008-04-16T03:04:00.000-07:00

Check it: Looks like it's almost here!

Sorry I haven't posted for over 2 weeks, I have changed RL jobs (yes, again) and it's not working out (yes, again!)

I promise (yes, I said it) to catch up on all the details over the coming week.

In a nutshell;

Metaverse Investment Fund is doing well
Delicious Demar initial buyback and future plans have been announced and so far, so good
Some interesting developments in the Stock 'Reporting' space, more to come...
and lastly...WSE 4.0 is almost here

So, stay tuned!!
Sincerely,
Logansan Oh

Pain and suffering..

2008-03-26T04:00:00.000-07:00

I can't take it anymore!

No, it isn't that bad; Delicious Demar Enterprises has been delisted.
Talk about your Bear Sterns!

There are many questions raised that are being crunched over but I will pose one myself;
How many securities does it take to call yourself an exchange?
- Look at the others!

WSE will be back, we all know that (just feeling a little tight round the nether regions on account of the sky falling in lately, but this will pass) Who will join them?

Logansan Oh

Hawk-eye fails...

2008-03-17T21:57:00.001-07:00

I missed this one!

More on this later (I need to chat to a few people!!)

In the meantime, Nobody and the crew over at Y2P are covering this.

Yours,
Logansan Oh
- CEO, Chairman

I have 3 words for you...

2008-03-14T05:56:00.000-07:00

Well, number 1 is a picture:

Number 2 is a quote: (highlights in red)

WSE MONTHLY REVIEW BEGINS

Submitted by: World Stock Exchange (WSE)
Date: March 14, 2008
The World Stock Exchange has now started reviewing all virtual companies listed on the WSE to ensure they are adhering to the WSE Listing Rules, Constitution and Terms of Service.

This process is expected to take "5" business days.

and number 3 is: Countdown!!

Woot,
Logansan Oh
- CEO, Chairman

Firms starting to show support

2008-03-12T19:58:00.000-07:00

Sarah Nerd Estates and Mainland Holdings (SNE) announced today that she intends to keep the company listed at the WSE.

Staying at WSE
Submitted by: Sarah Nerd Estates and Mainland Holdings (SNE) Date: March 12, 2008I've gotten note card's and messages from a few other exchanges asking me if I'd like to switch, and today I received a note card from a shareholder asking what my plans were. Just so everyone is aware, I plan on staying here at the WSE. I don't fully understand how the new WIC system will work, but I'll figure it out later this month when WSE reopens. I don't feel comfortable moving all of my shareholders. I apologize if this doesn't fit any individual shareholder needs, but I am trying to do what I feel is best everyone as a whole, and at this time I feel it's best to stay here.

Good news there! Let's hope there will be a few more of these positive announcements.

I am starting to tally these, so far Delicious Demar Enterprises (DDE) has expressed her intentions, Lemur Investments (LEM) has made some comments on his blog but at this stage looks to be staying put. ETC, FED, ALC, SIM, ALL, FKH all made announcements of their results as per commitments...the predictions of a mass-exodus are looking a little more thin!

I would love to get together with other CEO's and discuss where their heads are at on this matter.
Please IM me in-world or email me at logansanoh@bigair.com.au or if you want a public discussion, please leave a comment here.

Cheers,
Logansan Oh
- CEO, Chairman

Another one bites the dust

2008-03-11T15:53:00.000-07:00

Citing conflicts of interests, Sky Island Estates (SKY) has delisted from the WSE.

Here is the exact wording from Paris Druart:

Submitted by: Sky Island Estate (SKY) Date: March 11, 2008SKY is delisting from the WSE. My reason is simple; Anshe Chung (Third Party) is an investor in our company and in the WSE. She allows avatars to break the forum rules, bashing us on the SLExchange.com. I will not continue to support those that do not support us. I have made a list of all the SKY shareholders. We will either regroup on a different exchange or pay each person for their shares. Because Third Party is not a valid avatar name he/she will not be refunded. Good luck with your SL companies.Take care.Paris

Not directed straight at WSE, so this news might hang around...
If you want to see some of the drama around this one, head on over to SLExchange and check out some of the threads (most get closed by sysops pretty quickly) on Paris and others on 'land-barons' or 'shady estate owners' etc.

I have 2 comments to make on this but please make up your own mind about these things;

Third Party is NOT a valid avatar name. Fair play. Nuff said.
'Don't beleive everything you breathe' - Beck. I have seen some of these land-owner/estate-owner bashings and I question those that 'name names'. Who is to stop one estate owner from causing a fuss with their nearest competitor and stealing there renters? Just a thought...

So, the fun continues...but we STILL don't have a market!

Sincerely,
Logansan Oh
- CEO, Chairman

A million things to talk about!

2008-03-05T17:46:00.001-08:00

Where do I start? MIF, PFW, SRI, SLW(allet), HOT, WSE Video? Don't think I will have time to put them all down yet but here goes;

Let's start with MIF. I mentioned last week that I had met with Shaun Altman (initially to discuss WSE) and he introduced me to his latest concept for the world of SL Finance - MIF.
MIF (or the Metaverse Investment Fund) spruiks the arbitrage angle and thus far I have yet to uncover the "doors" that it uses to turn a $L profit. But, let's leave that for now and get down to the numbers.
As promised, after my initial investment, a dividend was posted on Friday. Nothing spectacular, but lets look closely:

Initial investment - share price = $L1.035661 (Tuesday LATE)
Dividend paid Friday (3 days)
Total dividend - $L0.006774.

Not bad. Mutliply that out for a yeild curve and if the 3 days is accurate (hopefully I wasn't paid for the whole week, that would be unfair to other investors) that's actually pretty impressive.
The 'share' price increased over the week as well. Currenty (now 9 days later) it is $L1.042437.
I wanted to wait until tomorrow to give it a second week of activity, but instead, I will do some more calculations tomorrow and get a full report then.

So, back to the WSE...Did everyone check out the video post yet? A little amatuer-hourish, but I actually think that works in Luke's favour. It's very; raw.
To be honest, I am still working my way back through some of the parts, so I will make a full run-down in the next couple of days, but basically he re-iterated the items from the in-world announcement. Bottom line; WSE is still closed, your $L balance will be a $WIC balance when they return and a full divorce from SL seems likely.

Parks Fireworks (PFW) has followed the lead from a few others and moved on from the WSE. Follow may not be the best term as the exchange of choice is VSTEX. Strange choice...but seems to have paid off. Last trade was 1100 or so shares @ $L1.98! Last trade on WSE (28.12) was $L0.80.

Mainostaulu Network (MAI) also made the shuffle last month (07/02) this time ANCAPEX was the destination, joining another of the WSE elders - SLRisk (RIS). The move hasn't boaded well for MAI, with LL's announcements on Advertising Land spam hurting the business. The stock is trading way-on-down @ $L0.25.

Spontaneous Rich Investments (SRI) last traded on the 26th December ($L0.21) I received a note that they could be delisting also. More on this after I have spoken to the CEO. (As the market is closed, I don't feel this could be a breach of market knowledge)

Kush Islands (HOT) The news on HOT is it is trading on SLCAPEX and is hovering around the lower end of the WSE price @ $L2.65. Definitely keeping an eye on this one!

So, with all this hip-hopping going on and the branches on the ol' Tree-O-Logansan stretching further and further from the trunk; it might be time for a reassessment of our focus.
S&W (Second Life and World Stock Exchange) may change to V&M (Virtual Worlds and Markets)?! I'll keep you posted ;)

Sincerely (under the pump),
Logansan Oh
- CEO, Chairman (work-aholic)

A new hope

2008-02-28T04:17:00.000-08:00

Ah, Mr Lucas, thank you.

I would like to take this opportunity to point you all towards a new investment vehicle being run by one of the markets most well-known high-end investors; Shaun Altman. Well known since the Ginko collapse, it appears this perpetual entrepreneur has grown tired of relying on the trust of other avatars and decided to bring his own brand of capital sourcing and management in the form of the Multiverse Investment Fund.

The Fund (MIF) is slated as an arbitrage model which will turn a high profit through the many 'doors' available in Second Life. Having spoken to Shaun in the past at the WSE and giving him the third degree about this new type of security, I have decided to place a modest investment with him and put the mandate to the test.

Results are posted on a weekly basis with my first to be available within the next 48hrs.
Unfortunately I am travelling to the other side of the country this weekend, but I do hope to check up on it so I can get back to you all..

Could this be the new darling of SL finance?

Sincerely,
Logansan Oh
-CEO, Chairman

note: I have attempted to contact many of the WSE investors that I am told are already on-board, with little response so far (it's only been 2 days), so if you are already involved or have more info, drop me a line!

Shock? Or the beginning of the storm...

2008-02-26T16:07:00.000-08:00

Urgent news; Kush Islands (HOT) has announced it will delist from the WSE and move to SL Capital Exchange (SLCapEx). Citing concern over the World Stock Exchanges (and "it's founder") direction, stating "We can no longer tolerate".

This move comes as a bit of an initial shock, but I am not certain this will be the last folowing on from the WSE's announcement to the market earlier this week. (I will recap on this once I have reviewed tomorrows second announcement)

Well, having said this, looks like my extended holiday is about to come to an abrupt end...wacth this space!!

Sincerely,
Logansan Oh
-CEO, Chairman

Are we there yet? (the second)

2008-02-22T03:50:00.000-08:00

Well, I think this speaks for itself. I'm sure Luke will fill in the gaps for us on the day.

Don't miss this one! See you all there...

Greetz
Logansan Oh

#Paused#

2008-02-20T19:32:00.000-08:00

"Still in limbo, think I'll stay up late"

Hi all,

Unfortunately I don't have any news at this time, but we are all poised for the market re-opening at the end of this month. (fingers crossed!)

It's been pretty quiet around the place with the usual suspects being mute, save for JT Financial's new SLWallet news.
News from the GRID is there is a new "dazzling" interface is available from the newest first look viewer. More bugs you say? Sure, why not.

Apart from that, we still play the waiting game...

Sincerely,
Logansan Oh
- CEO, Chairman

Banking...PFFT! I have bigger news...

2008-01-28T21:44:00.000-08:00

Well, this year has begun with a tremendous WHOOMP! No banks; that was just the beginning...

I have just hit on this article and i just can't keep my speculation button in check (possibly as I just read about 40 pages of "To grief or not to grief" and...well, I'm for the face punchers. Kick the geeks!) Anyway, sidetracked...I would like to point out one very, very, interesting line in this article, which can be found in-full here, "...Want to build your own social gaming platform that resides on your own Web site but leverages the power of users' Facebook relationships? Now you can!"

Anyone else putting 2&2 together here?
Is the WSE; 'now' poised to come back?...and with a vengence?!? I guess time will tell...

(I know, patience is a virtue...but HOT DAMN! I'm getting antsy!! I want my market back!!!)

Sincerely,

Logansan Oh
- CEO, Chairman

...Side note

2008-01-23T02:26:00.000-08:00

Funny little side note I stumbled upon...

Jeez, the things we get up to when we are bored...BRING BACK THE MARKET!

Finally...Midas comes to the party!

2008-01-18T21:27:00.000-08:00

Big news today as Midas Commons released the Midas Bank depositors list to the WSE.

More later...

Sincerely,
Logansan Oh
- CEO, Chairman

NEWS FLASH - WSE Halted for upgrade. (EDIT)

2008-01-04T01:55:00.000-08:00

I spoke too soon today (that will show me for not hitting the floor in-world first!) as I just missed the late breaking news from the WSE.
It seems the final upgrades to WSE 4.0 are to take place now (a little earlier than first expected) and there has been a market-wide halt while the upgrades are completed.

Casper Trebuchet (Lemur House of derivatives - LEM, LFB, LWI and LHH) was the first cab off the rank to explain to investors what this meant from a company stand point. It's speculation at this point to say that the trade halt will last the entire 30 days (though in the post from WSE, it states 45!), as this will definitely hurt a few companies...

We will endeavor to contact a representative of the WSE for further comments and get back to you as soon as we hear further. (...and I already paid verysmart)

Sincerely,
Logansan Oh
- CEO, Chairman

** EDIT **
After spending some time last night and this morning (AEST) speaking with investors, CEO's and LukeConnell Vandeverre, it seems evident that the announcement was not previously known by the market. Obviously, recent announcements and even dating back to the original WSE 4.0 changes, have stated that something "big" was coming.

Could this be the promotion to the 'greater' internet that has been mentioned on many occasions? Will we see the mass influx of investors that us first-movers have been waiting for?

It does seem the 30-45 day is a contingency for development work and bug fixing (having experience in Software Testing myself, this may even be optimistic!) Luke has stated a best-case-scenario of a week. Fingers crossed!!

Daily Round-Up - January 4

2008-01-03T22:08:00.000-08:00

Hi all, my name is VerySmart Sella, I have been following the World Stock Exchange for several months and am currently a junior trader for an Australian stock broker in RL.

I will be providing a daily analysis for the coming week or so. I also have access to the archived data, so I will be trawling through and giving an update on how things went over the Christmas and New Years holiday season. (This may take a day or two!!)
Finally, I will also be collating some information on the current IPO applications on the WSE. This should help provide further details on up-coming listings and may help both CEO's and Investors alike.

Here is how today looked:

Action Mortgage and Investment (AMI) has had many trades over the last few days and seems to be a popular one with the investors lately and even more popular with the traders! It gained yesterday but lost this and more today to fall 23.3% to $L0.23
Blumont Capital (BMC) followed AMI and lost it's gains and more from yesterday falling similarly, 21.7% to $L0.18
Four Deuces Entertainment (FDE) not surprisingly it's still suffering after announcing details which remind me of the THI days (all talk and promises...didn't we just have an election? "Fool me once..." anyway, i digress) Falling a huge 90% to a number more suited to a failing company at $L0.04
Sienkiewicz Investment Management (SIM) rallied 11.1% today to $L1.20
Apez Corp (APZ) Has had some pretty steady numbers heading north for some time and this was evident throughout the day today. A late fall and rise ended with the stock hitting a solid 85.1% gain to $L2.61. On the way back?
Burning Embers BDSM community (BEX) has fallen steadily since the rumours of a bailout began last week. Vyktor Oh selling off stock and not being in control doesn't exactly instill investor confidence...the stock fell sharply today, losing 42.9% to $L0.24

Now, I have access to similar information as Splinkrot and Logansan, but investing is a very personal and individual thing. I don't have time to explain exactly my position on the market and how I make decisions just yet, so I will give to a few 'tips' of my opinion and hope that the recommendations are taken seriously:

(FDE) historically, a fall like this means the old casino boffins will jump in for a sports-bet they can't resist. It will either recover (possibly slowly or spectacularly...), become a penny trader; moving 1-3 cents every few days or just fall into the World Traders Fund... definitely keep your eye on it
(AMI) one of my personal favourites for easy money. Just when you think all the chips look down, it returns in a blaze of glory. Won't last long at this price of $L0.23
(CAR) always has been a strong buy, plenty of people making $Lindens on dividends and on the trade price movements. Until the market works out what this is meant to be priced at, I would put it down as one of the few LONG's around.
(BEX) I have to throw this out here, in the true tradition of SPECULATION, a record low price, plenty of bad news doing the rounds, positive outlooks announced from the 'acting' CEO...could it all just be bad press? If so - money to be made!

Ok, if you have any problems, suggestions or opinions yourself, please let me know.

Happy New Year!!

2008-01-03T15:11:00.000-08:00

We are still here!
I hope you all enjoyed the festive season and for those of you still enjoying the R&R (like me) I hope the head isn't hurting too much.

There has been a steady flow of information from CEO's since our last update, though the market is relatively slow. We expect things to start to heat up now as people return to the helms and traders return from their profit spending breaks.

On the news front;

(WSE) Two more IPO applications were declined, failing to satisfy WSE's new minimum revenue requirements. The affected companies - (BMI), (SLT)
(WSE) announced a problem while upgrading the WIC exchange. Traders have been urged to cease using the currency until the problem is rectified
(DDE) returned from vacation announcing a 'double-dividend' of $L0.04. Welcome back!
(BEX) has suffered since the handover from the CEO. Rumours the CEO was dropping to run haven't been squashed and the announcement the 'community' wanted Burning Embers to stick around didn't instill the strongest investor focus

Splinkrot Writer is still pre-occupied with the new family editions, but as we have developed our reporting standard and fine-tuned our tools, I now feel our newest analyst VerySmart Sella will be able to bring you the news and analysis of the days trading.
He will also be starting to perform further analysis on the IPO's in application. Thank you to those who voted on our poll.

Please help me welcome VerySmart on-board and if you have any suggestions to improve the site, as-always, post a comment, send us an email or contact one of us in-world.

Sincerely,
Logansan Oh
- CEO, Chairman

It's raining dividends!

2007-12-26T20:37:00.000-08:00

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

Can I get a 'sigh of relief'?

2007-12-20T02:48:00.000-08:00

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

QUIET! QUIET, QUIET QUIET!

2007-12-19T00:30:00.000-08:00

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

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

2007-12-17T21:23:00.000-08:00

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...

2007-12-17T01:43:00.000-08:00

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

Oh what a weekend!

2007-12-16T17:44:00.000-08:00

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

Can I get a hallelujah?

2007-12-12T02:04:00.000-08:00

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

AMI, CAR, DDE, LLL, SLM

2007-12-10T22:01:00.000-08:00

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

Weekend wrap and day's action

2007-12-09T21:59:00.000-08:00

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

DDE, DSE, KJL, CAR, GFP

2007-12-06T23:09:00.000-08:00

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?

2007-12-06T01:03:00.000-08:00

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

New Rules for Listing

2007-12-05T18:08:00.000-08:00

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:

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?
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?

2007-12-05T01:51:00.000-08:00

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

Long time no see!!

2007-12-03T23:54:00.000-08:00

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?

2007-12-03T01:09:00.000-08:00

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)

Where are you!?

2007-11-29T20:57:00.000-08:00

Sorry for the lack of reporting and news lately, we are still here, just busy with RL stuff. (I am changing organisations, SW is away working through strategies - fun, and VS has a RL IPO in the works) So analysis is limited to the simple charting I can gather from our tools and the freely available market information and reporting sites.

I promise to improve over the coming week (having said that, we will all be away over the weekend!!) and I have some interesting developments in the works that could pop up by the end of next week, stay tuned!

It was a pretty decent week earlier on, but has petered off in the last 2 days. Biggest news for the week is (THI) and (TGB) delistings (and conversion to WTF...) and placed into default by The Rock Insurance. There was also a halt on Rezzations (REZ), which looks to be a result of the monthly company check from WSE.
From the CEO's this week:

Adonis Action announced a share buy-back, which has sent the stock (AMI), already surging, to new recent highs, currently trading at $L0.58, up 16% from yesterday!
Hope Capital Ltd (HCL) dropped back this week below the $L1 mark, but has seen investment from major shareholders bringing the current trade to $L1.04
Jon Desmoulins announced some big news for (SLM) and investors returned seeing a surge to $L0.59 today, up 26% from yesterday and strong volumes > 8k
Tyrian Camillo told the market of unexpected growth and this weeks volumes and price have followed the trend with 13% realised today sitting on $L0.77
MH Motors (CAR) released it's report with some good numbers, maybe not what everyone was expecting though as the share price dropped today back to a low of $1.54 before resting on a modest $L1.96. (Me thinks 'you can't please everybody Rockwell')

I have some recommendations, but please take them with direction and not promise:

(DDE) - bellwether, low SPO price, solid performance history, solid dividends. I'm scared of how the release to the market will go if there are peddlers hoping for a quick pump before they drop them...
(SLW) Outperformed in my eyes. Strong on everything, quickly becoming one of my favourites for longevity.
(HCL) Long. But not a bad trade if you want to flip around the $L1.10 mark

Have a great weekend all!
Sincerely,
Logansan Oh
- CEO, Chairman

Market wrap - from outta space!

2007-11-28T03:32:00.000-08:00

Not really, but Splinkrot Writer is away again and it's up to me to do the report.
Not a very happening kind of weekend as volumes were particularly low and not a lot was announced. WSE began and today finalised their "monthly check" of companies with no new HALT announced, looks like smooth sailing.
Today saw some improvement over the weekend trades with several stocks seeing movement and the market as a whole was up.

(HCL) traded heavily today as it dipped below the $L1 mark, finishing on $L1.04, down 14%
(SIM) again dropped over the weekend but rallied today to close on $L0.94, up 32%
(SKY) with healthy numbers on the books, still climbing at $L0.59, gaining a hearty 48%!
(CAR) has just continued in leaps and bounds, more than doubling it's IPO price finishing today on $L2.24 up 21%

SW will return on Friday.
Until later,
Logansan Oh
- CEO, Chairman

Happy Thanksgiving!

2007-11-22T22:21:00.000-08:00

Hi all, I sincerely hope you all ate, drank and put on the merry's! (that's not really a word)
Solid trading even with the holiday, though I expect it may slow a little in the coming hours. Wall St was closed today..but at least we don't believe in holidays in global land ;)
The market was actually up today after a sombre week of losses, helped on by some weaker than hoped leads on quiet stocks: (AMI54%), (AMS-70%), (BMC24%), (HOT11%), (LGO22%), (RDX-34%), (SNE-13%)

Action Mortgage and Investment (AMI) surged again today (I hope someone took my advice!!) with a strengthened position up at $L0.43
AM Sportsbets (AMS) had a shocker today with an unknown investor(s) dropping over 30k of shares down at $L0.06
Blumont Capital (BMC) on the other hand had a crazy day and came out on top with a boost to $L0.42
Kush Islands (HOT) stronger again today up at $L2.49
Logo Coding (LGO) also up with better than average volumes taking the price to $L0.61
Redux Technologies (RDX) one of Sportsbets fav's ;) saw a hefty drop today after some steady recent inclines. Back under the elusive 1$L mark at $L0.80
SL Marketing (SLM) rallied again proving itself a little more resilient finishing up at $L0.57
Sarah Nerd Land Holdings (SNE) continued it's way down, much more so today with 40k dropping in quick succession right down at $L0.50. The culprit - Tyrian Camillo, major shareholder falling off. The stock is currently sitting vicariously on $L0.60...

Recommendations - Not sure what to say except there are plenty of bargains around and we could be seeing the bulls fire up again!

(PFW) Can't fault this company, with honest forecasts from the CEO and solid performance thus far. BUY @ $L0.50
(SIM) anyone interested in a promising company...major shareholder moving on...stock going cheap!! BUY and HOLD at $L0.68. Your profit will start in the $L0.80-$L0.85 and above range
(AMS) really no idea what is happening here, but not much profit in the last months report really makes this company seem very small. Maybe it was a panic sell? Other investors are obviously interested as the BUY rallied from $L0.01 to a solid position now at $L0.12
(SNE) might be one to keep your eye on. I'm not ready to speculate either way...

Have a great weekend...let's hope it's a quieter one than the last few...as we are all away again!
SW

I'm a survivor! (sings)

2007-11-21T20:54:00.000-08:00

Volumes returned again today (welcome back people!) and there were a few heads on the chopping block right from the get-go. The market was slightly down lead by some dreadful single stock moves (at least it was stronger than the DOW today!!): (AMI-30%), (ETC-42%), (HOT-10%), (SLM-24%), (SSP100%) and (GFP-54%)

Action Mortgage and Investment (AMI) went through a shrinking cycle today with market traders dropping out and major shareholder Stryker Yoshikawa continuing to increase position (15.73%) Down to $L0.28
Etopia Island Company (ETC) has a deep rift between the buy and sell and this is causing some bouncing, even with small volumes at each end. Anyone for tennis? (Just a friendly 'game'?) Down to $L0.66..no wait up at $L1.13..no wait, down...
Kush Islands Group (HOT) falling heavily today as CEO Rockwell Ginsberg dropped 10k onto the market at $L2.25. No announcement...???
SL Marketing (SLM) gets it's third mention in a row with a strong veer to the ground today dropping again as the yo-yo's string suddenly got longer...down to $L0.44
Second Street Partners (SSP) not one we follow closely but the volumes have been steadily increasing and fluctuations today were massive! Closing up at $L0.18
Gely Fapp Productions (GFP) suffering some teething problems with what looks like the rogue shares hitting the market the other day remaining a thorn in the side for the overall price. Still above IPO, so let's hope it stays over $L0.55

Recommendations - A little more to go by today but unfortunately I haven't had much time to go in-world to check up on a few people...so here is the state of play from the numbers:

(AMI) might continue to fall, but there is room to move up @ < $L0.25
(HOT) already a little late, but try and beat the traders to the punch @ < $L2.25...but I would be asking the CEO a question before I clicked 'confirm'
(GFP) Geyl is an active member of the SL Economic community popping up in a lot of the banking and finance reporting forums and websites with focused opinions. Why do I say this? Character building. (it's important, write that one down) I suggest at the very minimum a HOLD at this price, I see no reason for any SELLS at this stage. As this company grows, expect to see the price follow

MWAH!
SW

Final throws for Chao Mu?

2007-11-21T15:06:00.000-08:00

Well, it seems like the last of the nails are being head-butted into the Tao Group's coffins as WSE announced earlier that it was now undergoing a decision making process to assess what to do with the situation. Not sounding good for shareholders, with WTF seeming like a closed shop as the cut-off time for delisted companies was 19th October and THI and TGB didn't have assets that could be liquidated or dispersed to bond or share holders.

I saw some comments made in forums around the place and I have spoken to a few people in-world in the last few weeks about what they thought of the situation...many, unfortunately, had come to the conclusion long ago that Chao was a dodgy character.
I am going to try and dig up all the info from the relative sources, but I would appreciate if anyone could help collaborate here by posting some links or divulging their stories. I will update accordingly. If anyone has any firm history using the "escrow" system, that he stated was going extremely well, I would appreciate this as I am unable to find 1 single shred of evidence!!

Simple facts so far:
Chao Mu was a regular with positive news announcements for his companies
September 4 - State of the Union address announcing plans (stock price began to recover)
October 21 - Announced a dividend for 1st November. This is yet to have been received
October 29 - Announced that everything was "almost complete" and there would be a dividend for both stocks in the coming weeks
November 15 - WSE halts both stocks stating a response is required
November 21 - WSE announces that the five-day response time is up

Sincerely,
Logansan Oh
- CEO, Chairman

(For the conspiracy boffins: Chao is listed as being from Austin Texas...didn't the IP resolve to Austin for the recent bank attacks? LOL!!!)

Is that a Linden in your pocket?

2007-11-20T19:12:00.000-08:00

Slowest day this month and one of the slowest days I can remember. Flow on effect from the banking saga? Thanksgiving hangovers? Well, whatever it was, let's hope it doesn't last and let's take a looksy at what DID move today: (ETC71%), (HCL-8%), (SIM-14%), (SLM-34%), (PFW42% !) and (CAR13%)

Etopia Island Company (ETC) saw Casper's sell trigger hit and found support in the market for the promising land development company. Up today to $L1.13
Hope Capital Limited (HCL) suffered again today with over 40k shares dropped out between yesterdays close and today's at $L1.10. Casper again features, this time as the buyer.
Sienkiewicz Investment Management (SIM) investors pulled the profits off the table from yesterday as the price fell back again, this time below Shaun's sell off cap to $L0.74
SL Marketing (SLM) in the news again, yo-yo-ing like a few of the others, this time back down at $L0.55
Parks Fireworks (PFW) has had it's head held under water today and it seems it's more than the EGO that will be damaged from this as the strongest position today was around 3k @ $L0.81-5 and the current offers are a measly $L0.05!! Single trades at a high of $L1.35 could be price fixing or desperate attempts to keep the price up?
MH Motors (CAR) the new darling on the floor at the moment surged again with a $L0.26 gain to close at $L1.41. Go you good thing! (I don't own any CAR btw...tut tut, I know)

Recommendations - Again, not an easy one to call, but here we go:

(DDE) I have been meaning to say something about this, another of the markets bellwethers, selling extremely well and outstripping WTF on trades today!
(HCL) Bellwether, major (non-related) shareholder investment, low price...BUY!
(SIM) with investor confidence (or just market traders) undermining the share price, there is a very good opportunity to take up a 'cheap' position in this company if you are willing to HOLD. Logansan Oh recently conducted a report which can be found here.
(PFW) Why the drop? Garth? Why the drop? This is a very visible shuffling and cannot go unquestioned!!

Wake up Jeff!
SW

Everybody dance now!

2007-11-19T21:24:00.000-08:00

Just when you thought it was safe to go back into the water...
Big news today around the banking and finance world today with major hacks draining funds and sending the media into a frenzy. (It's not usually my place to comment on these, but Logansan Oh is pre-occupied with RL, so this report also won't hit WSE till later.)
Coverage has been quite extensive around the place beginning with Lindsay Druart' s blog with one of the first announcements and with new kid on the media front (well, it's a new blog anyway) Dragon's Bite covering the other alleged strikes.
Lindsay, CEO of (LLL) on the World Stock Exchange also released a statement to alleviate pressure surrounding the connection of the two related companies. With (LLL) still in SPO at the WSE, it is uncertain if investors were actually respondent to the news.
In the markets, there were several noted movements on yesterdays turmoils with (AMI82%), (HOT2%), (PPL-29%), (SLM29%), (PFW-40%) and (GFP-99%!)

Action Mortgage and Investment (AMI) broke away again with moderate volumes driving the stock up to highs of $L0.40
Kush Islands (HOT) grew again with continued interest seeing the stock close up at $L2.64
Peoplepool (PPL) lost it's profit angle again seeing another drop, it's third cycle in as many days falling back to a modest $L0.68
SL Marketing (SLM) also rallied the weekends falls gaining $L0.19 with reasonable confidence in the upper levels of the spread sending the price to $L0.84
Parks Fireworks (PFW) suffered it's first blow since the last announcement from CEO Allen Parks who expressed aggravation at the markets persistence at lowering the price, with major shareholders buying in, it doesn't appear to be panic stations @ $L0.95
Geyl Fapp Productions (GFP) began the day on a more 'realistic' note, from the $L500 share sold late yesterday. Finding it's correct feet again, the price continued a strong run with early support at $L0.75, 1 strong buy-in at $L0.97 and again the sell price was exhausted leaving only 'significant' prices left up for grabs. Someone is making solid gains here!! Let's hope it's more than 1

Recommendations - With the market stability still settling and the big news today rattling the cage in the middle of the night, I'm not seeing any firm positions just yet. Having said that:

(HOT) seems to have a lot of trade volumes around the spread leaving it open for a good position take. One of the strongest @ $L2.25
(PPL) as stated before, lots of movement in and around the 30% mark, making it a prime target at the base of $L0.40
(SIM) without the ability to short sell, there isn't a clear profit run, but I am seeing a quick fall on these at the current price of $L0.86. It's not a fortified fall as the price seems to be in the hands of 1 major shareholder, who from previous indications won't let them go for a song
(PFW) Proving itself on the financial market landscape, 'honest' announcements from the CEO, the latest being a better than expected Financial Report for the month to 18th Nov. A bargain @ $L0.95

(look out traders...you've been sprung!)

So, here's to another sleepless night ahead...
SW

Poised..........uh. Is that it?

2007-11-18T22:13:00.001-08:00

Well, looks like all the damage was done by the time I got in earlier as the days trade didn't really see any other craziness. There were a few exceptions with newcomer (GFP) changing tact not long after my report: (GFP199900%!!!!!), (HCL7%), (HCB%) and (SLM55%)

Geyl Fapp Productions (GFP) saw major shareholder 7736237 Paine continue to increase the second highest position to 38.32%, with only 6% now in the trading markets hands, there isn't many for sale! The next open Sell is 1,000 @ $L20.00...obviously no investor wants to part with these little diamonds!!
Hope Capital Limited (HCL) shrugged off much of the negativity to surge $L0.08 today to $L1.21
Hope Capital Bonds (HCB) the topic on everyones lips, also managed some positive grounds with investors obviously siding with the bellwether (and taking Casper's weekend lead) pushing the bonds back up to $L93.90
SL Marketing (SLM) regathered itself off the back of the weekend with many small trades combining into a great day for the stock. Averaging $L0.55, the stock topped out at $L0.65 but doesn't show any signs of stopping

Recommendations: Well, there are 2 schools of thought at the moment and it will come down to how much risk you are willing to take. The outstanding "non-conformists" (edit: this months 'black sheep') seem to have been let go and it's ripe pickings again...so are we long or short?

(HCL) at the risk of being verbally punished by a flurry of anonymous nay-sayers, I will refrain from stating that the HCB's will be a good buy, but you can get the next big thing in the exchange for a LONG under $L1.20
(AMI) also regathered after the weekends wishy-washy trade-fest, keep your eye on the $L0.20 gaps with this being the under-performing price
(MAI) had a horrible weekend after being the victim of a horrific crash, I wouldn't be doing my job unless I told you that the latest announcement spoke of "negative" growth, but still a strong buy if this rattles the 'easily-rattled'. You will notice the major shareholders are swapping their stocks around, but not selling off; SPEC BUY @ $L0.66
(SUN) Purely speculative, but keep your eye on the breaks here, as this stock has plummeted even after the up-split. There have been some fantastic gains and profit takes, but I cannot give you an entry price cos the sucker won't stay still for long enough!

That's all folks!
SW

BACK! ..and it's all been happening!!

2007-11-18T13:40:00.000-08:00

My trip was amazing, thanks for asking. Good to see the folks and finally get the interstate meetings out of the way.
Down to business:
It's taken me a few days to get all the updates, so sorry for the lack of a report on Friday. I'm sure there are some items I'm not 100% across, but I will try and do a few extra articles over the coming days to get them all and get back on track.
So, let's start with the weekend:
Volumes are ballooning and it seems there are a few issues around the exchange with stocks crashing out for no see able reason. Case-in-point; (ALL) fell to $L0.03 late on Friday with (AMS) and (TMA) following suit on Saturday. One theory for these drops is sabotage; the volumes are too low to cause the stock to completely crash, but they do make the market indices look rattled and lower investor confidence. One thing for sure though, if there are people out there willing to drop shares on the floor for a pittance, the smart money is in picking them back up again!
Other movements of interest over the weekend were (ALL-15%), (AMI85%), (HOT44%), (LWI880%!), (MYT-40%), (PPL55%), (RDX41%), (SIM-15%), (TMA4900%!!), (MAI-8%), (CAR-19%) and (GFP-75%)

Alluris Estates (ALL) came back with a vengeance to peak at $L2.46 from it's $L0.03 crash, but having suffered the most significant volumes (20k+) after a slide during the week, even $L2.00 looks too optimistic with only 23 shares traded since the low
Action Mortgage and Investment (AMI) has slipped around all over the place over the last few days getting right down and dirty at $L0.20 before rallying back at $L0.37
Kush Islands (HOT) fell back towards a week low with smaller trades getting it stripped back to $L1.80 before some solid investment at $L2.25 and currently $L2.60
Lemur WSE Index (LWI) has been halted at the request of Casper Trebuchet (CEO) as it went through tremendous fluctuations slipping to $L1.51 topping out at $L79.99 before being halted at $L15.00. Casper explained last week he saw some suspicious transactions on the index, so, it is little wonder he ordered trading to cease.
Mythlands (MYT) turned around last weeks rally to fall back into $L0.03 territory
Peoplepool (PPL) after going ex-dividend suffered a plunge, first to $L0.70, then way down to $L0.44 before rallying most of the second fall to sit currently on $L0.68. Volumes remain relatively low
Redux Technologies (RDX) was another hot-shoe-shuffler sliding to $L0.82, rallying $L1.13, back to $L0.80 and currently back up at $L1.13 again (maybe Sportsbets Writer is pushing them a little hard in the chat!?)
Sienkiewicz Investment Management (SIM) found plenty of support as it lost some of the ground after positive news last week. Heavy investment at $L0.79 gave it enough strength to reach up to $L0.90 before resting again back to $L0.76 with a small trade
Trouble Maker Approved (TMA) as stated above copped a belting with a crash price but volumes weren't high enough to cause concerns, sitting volatile on $L1.50
Mainostaulu Network (MAI) has been trading pretty well, seeing volumes well up to over 40k as Fridays $L0.60 triggered a BUY for many investors, driving the price up to $L0.73 as profits were taken off the table pulling the high back down to $L0.66
MH Motors (CAR) only just over a week old on the floor and seeing plenty of interest catching many investors with a promised and delivered $L0.10 per share dividend. Over 70k of shares has changed hands in the last day or so with prices steadily declining since the dividend payment. Starting the weekend around $L1.75, quick winners bailed out and it started the day today on $L1.10 with a small trade
Geyl Fapp Productions (GFP) although steady since yesterday, there was plenty of action over the weekend. Strong confidence early in the weekend also saw 7736237 Paine(37.51%) racking up shares on 17th, single-handedly pushing the price well up over the IPO to $L0.99. Some profit taking this morning with 100 shares back at IPO price of $L0.25 (edit: Sorry, I spelt your name wrong Geyl!)

There were 2 delistings over the weekend, both of which were pretty well foreseen with (ACE) and (PMI) both not conforming to announcement and financial reporting rules.
The big news on the HALT front are Chao Mu's (TGB) and (THI) which, after much speculation of whether he would pull through with the promises, appear to have gone to the dogs, leaving investors hung out (including Logansan Oh) by their unmentionables!

More details to come later today and I'll fill you in on where the openings and possible dead-ends are!

L,
SW

STOP THE PRESS WSE update on Midas!!

2007-11-15T18:16:00.001-08:00

Well, here it is. I called it!
Supplemented with a letter from the CEO, Chairman, the announcement goes further into the details and should be the final nail in the coffin for the whole saga.
The details of the liquidation to WTFs is reiterated detailing the NTA increase due to the removal of the shares owned by Midas Commons.

One statement of particular interest, that rebuts many blog and forum entries I have read from the other side about the takeover allegations: "The WSE Traders Fund shareholders own former Midas assets not HCL or the WSE."

Open for more comments here, but looks pretty open and shut now.

Chat to you all soon,
Logansan Oh
- CEO, Chairman

ps. SW is back shortly...might even get a market overview out of her!! Fingers crossed

Aw momma, could this really be the end? (of Tao)

2007-11-14T18:24:00.001-08:00

Well, I thought we were going to be in for a quiet day and the numbers started off that way but again the later part of the day determined the overall standing...Down.
Biggest news for the day just came through...and it's what we have all been dreading (no, the regulators haven't arrived to spoil the fun) THI and TGB are halted. What next...well, it's usually not pretty from here on in and with WTF cut off date passed almost a month, it doesn't look good for those holding shares. (This little black duck included!)

Elsewhere, volumes were back up and some strange price fixing moved into some unsuspecting stocks:

(PFW) saw great investment Garth Fairchang(7.33%) buying up most of the outstanding sell orders including 64 at $L300!! The stock steadied at $L1.59
(WTF) hit $L2.71 today with an investor grabbing small 1 stock buys with $WIC0.01
(RLX) suffered a huge blow losing 41% to fall to $L0.20
(HCL) possibly profit taking but most likely wobbling from all the noise around at the moment. I expect an announcement to clear the air shortly. Shrank to $L1.12 (buy buy buy as Sportsbets Writer says...)
(BMC) lost the nice edges it had collected recently hitting $L0.21 with a hugh 43% fall
(SRI) was another lackluster performer today hitting lows of $L0.20

So, the trials and tribulations continue as we head towards the perfect world. (well, the virtual one)

Ciao,
Logansan Oh
- CEO, Chairman

Crisis - Danger &|| Opportunity

2007-11-13T22:27:00.000-08:00

Well, another day ending on a solemn note, but not much news to speak of. Waves are still being made from the Intlibber and Midas camps over the recent plays by WSE but it certainly doesn't seem to be worrying any investors. I'm not going to bother with the links to this as reading through the flames and anonymous comments is just a waste of time in my opinion.

It was the same trouble stocks causing the biggest drops with (SUN) falling 65% again (when will they stop!?), (LWI) jumping up 32% to $L2.00, which is a little closer to the NTA and (TGB) getting investments at $L40 before dropping back to the days open of $L30...still no news.

Other areas showing action were:

(BMC) up at the end of the day a whopping 131% to $L0.37
(LGO) up also to $L0.59
(LHH) saw someone dropping these drops of gold at $L4 even up 23% again
(PFW) dropped the surge numbers to finish back at IPO price of $L1 flat with day trades

Nothing much else going on, with (WTF) trailing in the $L0.04's.
SW is back in 2 days, doesn't really feel like she's going to have missed much!

See you tomorrow,
Logansan Oh
- CEO, Chairman

Back down we go!!

2007-11-13T01:12:00.000-08:00

The roller coaster ride continued today as trouble stocks SUN and LWI moved indicators for the market well down, with solace coming towards the end of the day with a rally for SUN and some healthy moves elsewhere:

(PFW) has a spectacular recovery from the lows of the weekend with CEO Allen Parks announcing his disdain for the low end traders and Garth Fairchang (6.42%) increasing his position with the company sending the price up to a whopping $L1.70
(REZ) more than doubled yesterdays close to $L0.49
(AMS) fell into buy territory losing 24% and hitting $L0.19
(SNE) lost ground with a low of $L0.71
(TGB) just keeps getting worse and worse, with no news from Chao Mu still keeping the losses coming with a fresh all-time low of $L30! Not happy!!

So, apart from the price fixers, there was some good areas of growth and some openings for buyers. Not a bad day all-round.

Sincerely,
Logansan Oh
- CEO, Chairman

Rant was called for; Anti Money Laundering?!

2007-11-12T02:10:00.000-08:00

Splinkrot Writer is away on RL business so I will be taking over the daily reports. I will not get into recommendations as she does but I will try and point out areas of the market to watch.

Well, the weekend was slow but regathered from it's spectacular tumble on Friday. Lead down by LWI and SUN, these stocks re-emerged on top only to accusations of money laundering!

Casper Trebuchet, CEO of Lemur House of Derivatives, announced yesterday that he thought there was something fishy going on and WSE chimed in shortly after with a warning that trades would be closely monitored.

LWI was down 60% early Friday and returned on Saturday with a 464% increase.
SUN similarly suffered a 65% loss only to creep back 17% the next day and a whopping 392% the next

In other news TGB and THI are still in decline as it appears that the CEO has gone AWOL.

Yesterday saw a rally in many of the Friday stock lulls:

DSE was up 22%, also on news from Delicious Demar that the skin merchant was re-vamping the brand (and "gettin nekked!")
FDE surged 39% to $L0.53
HCL gathered 4% only to see profit taking today ease it 9% back to $L1.20
LLL entered secondary (finally!) sending the price up 22% from last weeks falls, finding plenty of support letting over 150k go already today
PPL regathered 47% yesterday and still found support today at $L0.75
SHF surged both days up a total of 27% to $L0.65
SSP was the only one bucking the trend today (aside from the struggling Chao Mu's) losing 26%
WTF was steady on a parity of $L0.04
CAR regathered it's strength and continued it's strong run back up to $L1.22. Nice

So plenty of movement around and after all the commotion, the market was back to the cusp of last week.

Let's hope it can keep it going!

Sincerely,
Logansan Oh
- CEO, Chairman

Elaborations (please dont read if you hate a rant)

2007-11-09T05:11:00.001-08:00

I need to speak, but you don't have to listen.

I have just been through a harrowing experience with the airport (SW and I are off traveling, me for 2 days, her for a week). The flight was delayed due to a hydraulics leak, so we waited (patiently) for 4 hours to be told at "re"-check-in that the plane could not be fixed and we would now be flying tomorrow morning...approx 13hrs after our initial schedule. Awesome. I'm not going into further details of how shockingly this situation and the proceedings afterwards were handled, let's just say, that was the 2 second positive overview of a 7 hour excrutiating experience.

Anyway, why do I chose here to write this? Well, because of the current state of the market. Todays report showed a definite "doom n gloom" review of the day's outcomes, but as we were about to board our original flight, we were taking one last look at the figures (hoping for a late rally) and saw the worst...the biggest single day loss since the inception of our analytics software (think Ginko crash and gambling ban...we have those numbers)

So, I am on the plane, slight air of concern (no, not panic) and discussing the potential impacts of a WSE or SL recession or the possibility of some SL or LL news that we were yet to tap into
and we were told of the unplanned disembarking and moved into the bar (of course). Excellent opportunity to recheck the markets' stats and make sure the "sky hadn't fallen in" ;)

It hadn't, there were a few (maybe 4...numbers are so insignificant at this stage and you can all scold us later for this) stocks trading slightly up and nothing much else had moved since the falls, so our slight of confidence was admonished and we both now retire for the evening in hopes of a fresh new day tomorrow.

What caused today's downturn?? WSE announcement of ATM troubles? (which is actually an SL wide issue that happens quite regularly)...I doubt it.

Open for some discussion here...as our sources around the news postings and blog-(community...I hate that other 'coined' term) were uncharacteristically quiet.

Hope you all have a fantastic weekend and if you are traveling(do Americans spell this differently to Australians? I thought it had 2 'll's?), I wish you safe and seamless passage.

Kind regards,
Logansan Oh
- CEO, Chairman

'Punched in the ovaries' - Thanks Wil

2007-11-08T17:03:00.000-08:00

Awesome day! If you were selling for profits...Painful day also for SLEXchange members, as the deadline for scheduled maintenance on the site passed with no more news :( The sad faces were: (BMC-25%), (HCL-6%), (LGO-25%), (RDX-4%), (SLM-42%) and (TGB-25%)

Blumont Capital (BMC) Announcing news of a funds management program in the works earlier this week and posting a "blank" financial report on November 3, suffered a tumble today with some interesting numbers being thrown in to confuse out analytical software. Weakening today to $L0.30 finding support later in the day to close at $L0.
Hope Capital Limited (HCL) turned down to face it's underlings today slipping to $L1.27
Logo Coding (LGO) saw profit taking again today sliding back to $L0.70
Redux Technologies (RDX) was hurting early with a massive drop around $L1.00 but found support reducing the loss to just $L0.04 sitting on $L1.34
Second Life Marketing (SLM) continued it's horror few days languishing another $L0.32 on yesterday to finish at $L0.45 even after positive news from the CEO on 5th
Tao Group Bonds (TGB) confidence continued to wain as no information from Chao Mu regarding the company has been received, sending the bond down to $L74.51

Recommendations - Must have been "moody" yesterday, I am feeling a little more sane today. After a softer day all round some cheaper positions can be had around the market:

(LGO) I think I might burst some happy traders bubbles with this one (we have mentioned it a few times) but the bread and butter is being spread for a BUY at $L0.65-70 and a SELL at $L0.85-91
(GFP) suffering a sell off cheaply by someone in the market, could be spurring some price fixing, either way a good buy for the newby at $L0.39, below the IPO price
(SLM) No support was found in the higher numbers, so don't be fooled into a buy with a drop like today. It's still within hold/sell range
(SNE) No news from Sarah Nerd on your2ndplace.com for a few days and no announcement on WSE since the dividend has one investor jumping ship. No need to panic, definitely a cheap BUY at $L0.65!!

What are YOU up to this weekend? (This report is early cos I am off for 2 days!! YIPPEE!!)
SW

Slippery slope; turns roller-coaster

2007-11-07T20:06:00.000-08:00

The market performed terribly at the start of the day led down by the mirrored Lemur WSEIndex (LWI). Late in the day the Index rallied along with some other stragglers to finish slightly up on yesterday. Quiet day on volumes with penny stocks still resting close to parity. Plenty of items to discuss with: (APZ63%), (CAR16%), (LGO127%), (LLL6%), (LWI-46%), (SIM40%) and (THI21%)

Apez Corp. (APZ) recovered spectacularly today in the face of pending issues with the conglomerates currency exchange stock. Confidence returned after a horror 4k trade sent the equity to an all-time-low of $L0.05!! Closing up at $L1.95
MH Motors (CAR) hitting the floor running today with plenty of investment (possibly coming from those who waited too long to jump on the IPO! - 2 weeks to fill! wow!) and nothing in the red. 120k+ and still going after hitting the floor is promising, closing up at $L1.16
Logo Coding (LGO) a big mover around the spread over the last week, closed up today on strength at $L0.70 with a last small trade at $L0.93
L&L Rentals and Sales (LLL) suffered early as SL CAPEX listed L&LBT was halted due to discussions around sustainability. I won't go too much into it, you can read it at her blog. The implications for (LLL) seem to be a possible merger, which could hurt the current profitability of this company. Rallied up at the end of the day on very small volumes to $L2.12
Lemur WSEIndex (LWI) has suffered at the hands of some price manipulation as investors struggle to grasp the concept of a weighted derivative. The stock traded 1k down at $L0.81 early in the day pulling the market as a whole way down. As of writing, it was sitting vicariously on $L2.25 not finding enough support to strengthen this position
Sienkiewicz Investment Management (SIM) jumped the gun on our forthcoming report surging $L0.30 as the delayed dividend posting eased investors concerns. The stock closed up at $L1.05
Tao Heavy Industries (THI) found support in the current turmoil, with investors reluctant to turn their backs on the possibility of this bouncing back, rallying many of the recent losses to end at $L0.40

Recommendations - Risk takers flooded the market today giving me confidence to point to some others:

(CAR) keep your eye on any rogue trades close to the IPO price, it looks like this will trade well on the spread for the first week or so
(SSP) suffering a loss today on smaller volumes, could well fall further. Jump in around $L0.07 and stand to lose nothing!! (Told you, i'm feeling 'horny'...the bull kind i mean!!! :O Minds out of the gutter people!!)
(SLM) integrated into many of the well-performing business models, slipping a little today. BUY @ <$L0.77, the bottom of the spread is only $L0.44!!
(FDE) Shrinking today almost 30% rings alarm bells, especially on the lower end of $L0.40
(DDE) is an absolute bargain on the current SPO price with Delicious Demar's keen eye for new and steady revenue streams as focused as always

Keep your eyes on Lindsays blog and those newcomers!!
SW

Where for art' thou Chao Mu?

2007-11-06T18:24:00.000-08:00

Both Logansan Oh and I have tried repeatedly to contact Chao Mu (THI, TGB) in-world to no avail. Next step is the board members as investors confidence wains and patience is stretched.
The market rallied most of yesterdays losses to return to it's start of the week low. Helped by a few movers in the remaining penny stocks and some healthy gains by the bellwethers: (APZ-35%), (FKH31%), (HCL-1%), (LLL27%), (TGB22%) and (THI-8%)

Apez Corp. (APZ) Alarm bells with a trade halt on (ACE) Apez's currency exchange pending an announcement. Investors continued dumping the struggling stocks sending the price well-down to almost month lows of $L1.20
Flying Kitten Holdings (FKH) as promised, I have been taking a look through this companies numbers and it seems, while volumes are low, the spread is somewhat overlooked by traders seeing the see-saw drop to the fat kids side of the park today resting back on a high of $L11.96!
Hope Capital Limited (HCL) after an early profit taking session saw the stock fall 5 points, clever investors stepped into the gap, making a break up the middle falling short of the goal line at $L1.37
L&L Land Sales (LLL) also rallied yesterdays losses to return to $L2.00 flat
Tao Group Bonds (TGB) lack of information on the defaulted dividend payment hasn't deterred some investors rallying yesterdays losses to return to just under $L100 towards the end of the day @ $L99.99
Tao Heavy Industries (THI) still on a slippery slope losing a further 3c today to fall back on all-time lows (discounting the end of September shock of $L0.10) of $L0.33

Recommendations - How do we choose!?

(BMC) shrunk a little this morning and volumes increased along with the spread. Healthy gains to be had around the BUY of $L0.22
(LLL) with land stability returning and positive news from the land sectors companies and Lindsay Druart placing some of the workload in the hands of trusted friends, certainly leaves room for growth. Accumulate @ <$L2
(FKH) How many kids need to be on the other side of the see-saw to drop it back over the low end? Keep your eyes open 0.0
(THI) as the days tick over the risk increases and the ROI grows. I am now sitting on the fence...waiting...

Until tomorrow,
SW

"AND THEY'RE OFF AND RACING!"

2007-11-05T17:45:00.001-08:00

Well, for those in Aus land today, the nation is poised to grind to a halt as 23 horses run around a 3k track. HOW EXCITING! (You should see my hat! I love it!!)
News closer to hand; a slow day with these players still in the game: (HCL6%), (SIM23%) and (THI-12%)

Hope Capital Limited (HCL) rallied yesterdays losses with a good volume closing up at $L1.39
Sienkiewicz Investment Management (SIM) performed solidly today as renewed interest was founded in the announcement that dividends will return. (Maybe the sell off will stop?) Finished up at $L0.75 after an early jump to $L1.07
Tao Heavy Industries (THI) appearing to be in steady decline with no new announcements and the d-day for dividends passing further and further away. Sitting on $L0.36

Recommendations - It appears that I am a GOD and am in control of the market...muahaha...no seriously, Logansan Oh has scalded me for doing the politicians-two-step on SIM over the last few days. (I must say...I have been right so far! :)
But not much to talk about today:

(MYT) I am going to get into trouble for this too, but while in hot water...let's splash around; $L0.01 buy, even if it ends up as a WTF...
(RDX) is down again...I'm predicting a rally so keep a watchful eye on them @ $L1 mark

On the Melbourne Cup - My trifecta is Princess Coup, Sirmione and Purple Moon. Outside single - Master O'riely

So, till tomorrow punters!
CARN DA HORSIES!
SW

Company Stock Report - SIM

2007-11-05T13:44:00.000-08:00

Sienkiewicz Investment Management (SIM)

Rating - Strong buy $L0.66, Buy $L1.05, Long buy $L1.10, Accumulate $L1.50

Ok, after reviewing SW's reports over the last few days I noticed something that I thought needed addressing. The weekend roundup stated that SIM was showing the warning signs of a crash, then Wednesdays daily report listed it with a BUY rating. I know this must look contradictory, but taken at face value, they are only stating how it looks.
I thought it best I delve a little bit deeper and earlier this week I spoke with the "big-seller" Shaun Altman and finally last night with SIM Corp. CEO, Pablo Sienkiewicz in-world.

So on to the analysis: My report is individual and proposes my own unique overview (with the help of my staff), so I will refrain from quoting or poking holes in other analyst reports or the CEO's responses to those.
(Disclaimer: I do not hold any SIM shares. I have no relationship with CEO Pablo Sienkiewicz or his c-class team)

Shaun Altman has dropped his position over the month from 1.28M @ 85.4% to a little under 900k (@59.8%) and still dropping! I had a conversation with Shaun at WSE and asked why he was dropping the stock so cheap. "How can I sit waiting for this dividend when other stocks (HCL) are doubling?" It seemed the delayed dividend was the major cause for the sell off as Shaun labeled SIM a "liability". The next day SIM posted the dividend and after another chat with Shaun, he stated "ok, I'll stop selling below $L1.03 now".
Why is this important to the analysis? This stock is 100% market owned. Therefore, Shaun's position with it was; "the market". There is an open order of 500k shares for $L1.05 currently, which is obviously this major shareholder...

Pablo Sienkiewicz has been quick to rebuke comments made about SIM in recent weeks and is a member of SL users against VAT group in Second Life. The company was hit hard by VAT as initial capital was limited to $L1.5M and the promised "fixed" dividend meant that operational costs were already tight. After speaking with Pablo about the future of SIM and his thoughts on VAT and the DDE joint venture, it's clear that he has a forward vision for SIM has the company and shareholders (the owners) best interests in foremost. With no controlling stake in the company, I feel the current issues being faced by other companies with "trust" and the possibility of a CEO-run are not so prominent here.

In summary, the numbers predicted by Delicious Demar for the Simlicious joint venture, Pablo's commitment and plans for more than 3 sims in the coming months, a more stable entry price for the stock and better chance for a diversified market holding and the promise of "fixed" dividends (which so far have been the biggest pull and most precarious issue for the company) I see strengthening in areas other companies are weakening.

Some other numbers:
You will notice NTA is still just under $L1.00 in the companies first month returning to business. This is promising with only 1.5 islands and the October problems with the WSE market. The new, more profitable venture with Delicious Demar Enterprises and the WSE market recovering and the bulls are beginning to return...a chance to grab a 30% stake in the company at $L1.05 with a guaranteed $L0.04/share monthly return via dividend...

Cash: 368,467L
Mainland held: 0 meters
Value of mainland (at 7L per meter): 0L
Islands: 1 1/2
Value of islands (at $1675 US each): 460,625L + 231,000L
WSE portfolio: 189,923L
Open WSE buy orders: 0L
Other investments: 200,000L
-----------------------------------------
Total Assets: 1,450,015L
Debts - none
Net Assets: 1,450,015
Shares outstanding: 1,500,000
Net Asset Value per share: 0.966L
================================
OPERATING STATEMENT
Revenues:
Tier: 124,400L
Dividends: 0L
WSE Trading income: 24,783L
------------------------------------------------
Total Revenue: 149,183L
Expenses:
Tier: 147,730L
------------------------------------------------
Total Expenses: 147,730L
Profit/Loss: 1,453L

If anyone has any comments, suggestions or corrections to this entry, please, as always contact Logansan Oh in-world or post a comment on http://swassets.blogspot.com.

In other news, just quickly, we clicked over the 1000 viewer mark this week here at http://swassets.blogspot.com, so we want to thank all those who have taken an interest in S&W Assets and Funds Management.

Spread the word!

Sincerely,
Logansan Oh
- CEO, Chairman

Spread the wealth

2007-11-04T21:03:00.000-08:00

Reasonable dissemination of investment today as the (WTF) onslaught caused by an influx of "forced" investors as Midas Bank declared bankruptcy, petered off as the price hit a low of $L0.04. Movements in and around profit taking and renewed investment as the news-reel got a workout today: (BMC-6%), (HCL-5%), (MYT-87%), (RDX35%) and (%)

Blumont Capital (BMC) after an early surge to $L0.45, it appeared profit taking was the name of the game taking the share down to $L0.31
Hope Capital Limited (HCL) CEO LukeConnell continues his buy up as yesterdays late run was slowed today to close down @ $L1.31
Myth Enterprises (MYT) a dramatic late run on month highs over the weekend was ended today as the stock returned to its monthly median of $L0.04
Redux Technologies (RDX) is being well-manipulated with small trades offsetting the spread and CEO Redux Dengaku buying back shares and also announcing company changes to the dividend structure that could take place soon. The stock closed well up @ $L1.07
Second Street Partners (SSP) awoke from the winter slumber of late with $L0.07 trigger being hit for a large BUY sending the price up to $L0.10
Tao Heavy Industries (THI) Helped on by an unknown WIC trader, several strong BUYS sent (THI) up to $L0.41 as it crawled back as investors ran with no news of the outstanding dividends

Recommendations - There as-always is plenty to go around

(FKH) We have seen some reasonable volumes around the spread over the last few weeks. (I must do more reporting on this) Historically, under $L9.50 would trigger a BUY and $L10.50 a SELL if you were playing the spread hop-scotch
(HCL) Any dip is a trigger to BUY while this stock sits below Caspers' (LHH) barrier of $L1.75. Too many good plans in motion and on the horizon to not be in a good position with the bellwether
(RDX) Good news could have traders salivating for a profit take, i would say watch for any dips or SPEC BUY @ <$L1.10. The new structure will bode well for investors.
(SIM) Positive news on the (DDE) cross-pollination serving a good feeling for the future of this companies profits and dividends. BUY @ $L0.60
(THI) Will the dividend come? Keep a watchful eye out for Chao Mu in-game. No need to run at this stage, too much is invested in the new ventures...

Will regulation come to spoil our game?
SW

Midas Bank - Sub-prime?

2007-11-04T16:13:00.000-08:00

Sorry for not posting any information until now, too many people are jumping to conclusions and I didn't want to report anything until I had an understanding myself.
I was unable to get comment from Midas Commons as the Midas Bank was empty when I arrived (strange!) so I am still remaining on the fence at this stage.

The information released thus far:
Midas - "ON Nov. 2nd 2007 Hope Capital and the WSE, despite having an ample supply of lindens, blatantly witheld payment due on a 3.5 million linden dollar Hope Capital corporate bond issue that they had sold to Midas Bank this past summer(ticker HCB). Midas Bank protested and in response a malicious and aggressive action was taken against Midas Bank by Hope Capital. In an act of brazen thievery and tyranny, Midas Bank's shareholders' stock on the WSE was dissolved, thousands and thousands of Lindens in a Midas Bank WSE account were confiscated, and any and all Midas Bank holdings on the WSE were liquidated, seized, or converted into a fuzzy and nearly worthless financial unit called the WTF. After this, a false announcement was posted on the WSE that Midas Bank and all its Second Life financial businesses had suddenly gone bankrupt for mysterious reasons. Hope Capital clearly wishes to destroy Midas Bank so they can cancel the roughly 5.5 million linden dollar debt that they owe Midas Bank. They owe this money fair and square with no strings attached. The bank is insolvent until this situation can be resolved. The avatar named LukeConnell Vandeverre is solely responsible for the decisions that created this event. He is the boss of the WSE (he calls himself the CEO) and it was he who sold the bonds (bad paper), he who decided not to pay what was promised and owed, and he who dissolved all Midas Group Financial assets on the WSE without consulting anyone about it first. He has no regard for any rules, regulations, or honor code. We need to all work together to resolve this situation promptly"

WSE LukeConnell - " Midas Commons, CEO of Midas Bank yesterday informed the World Stock Exchange that the Midas Group of Companies are bankrupt.
The WSE accounts controlled by Midas Commons were locked while we reviewed the situation.
The cause of this bankruptcy is not our concern as the WSE is not responsible for the decisions and actions of Midas Group and its management. Midas Group and its management team are responsible for all the financial and operational decisions.
The WSE believes that the Midas Group of Companies were Over-Leveraged and did not hold sufficient cash reserves to allow for the potential risks and impact of increased customer withdrawals, lower than expected earnings from investments along with regulatory and economic challenges.
The World Stock Exchange has now delisted the following Midas Group of companies to ensure that shareholders will have the best possible chance to earn a return on their investments through capital growth and dividends using the WSE Traders Fund:
Midas Group High Yield Bonds (MGB)
Midas Group Financials (MGF)
Midas Development Company (MDC)
Conversion rates:
OLD ---- NEW WTF SHARES
MGF 1 - 1
MDC 1 - 1
MGB 1 - 100
All shares in the above companies have been transferred to the WSE Traders Fund (WTF) which has a higher Net Asset Value per Share than the above companies had due to the removal of shares previously owned by Midas Commons.
The World Stock Exchange has requested that Midas Group provide the WSE with the most recent list of Midas Banking customer avatar names and balances so that the WSE can issue former Midas Bank customers with 1 share in WTF for every L$1 linden held in Midas Bank.
This will ensure that Midas Bank customers will have the best opportunity to minimise the loss and impact resulting from the bankruptcy of Midas Bank.
The WSE will post an announcement when it receives a response to its request for the former customer list of Midas Bank."

WSE Concierge - "You can read the Hope Capital Report that explains the situation regarding Hope Capital Bonds which was released over 3 weeks ago.
Even if Hope Capital did make a bond interest payment rather than moving it forward, Midas Bank would have only received around L$600,000 which would be the only income for his net bank deposits of L$8m to L10m. This represents around 6% cash reserve, an extremely risky cash position for his bank and related companies."

From the onset, it looks like a lot of finger pointing from Midas Commons and a simple numbers game from WSE. If Midas Bank was so heavily invested in one (1-seriously!) equity that bought the whole bank down, why are people claiming it was well-run and transparent. Surely this would have rang alarm bells!

Anyway, before I pass any more judgment, I will await more information.
I urge those that are commenting on this do the same!

I have changed the setting on this website to allow for "anonymous" comments, so hopefully this will improve discussions. Just remember to keep personal attacks for another forum, use the spell checker and please back what you say!

Chat real soon,
Logansan Oh
- CEO, Chairman

Oops, I'm a bit late

2007-11-02T21:13:00.000-07:00

Sorry for the lack of a post yesterday, RL was hectic and I'm not feeling too well: Anyway, here's the wrap as I saw it yesterday, with some updates from today also.

Massive few days on volumes, maybe everyone still had Halloween headaches the other day?
Efficiency was closing in for the heavy penny stocks with parity for (WTF) almost reached below the NTA at only $L0.05. Big news came for the other farthings as WSE ordered a trade halt "pending an important announcement"...seems likely (MGF), (MDC) and (MGB) will become WTF's soon enough! More on this as news comes to hand.
Ball rolling though for the following: (DDE3%), (HCL7%), (LGO-42%), (SIM-53%) and (THI-23%)

Delicious Demar Enterprises (DDE) Entering into Secondary mode at $L2.75 today after a pretty tired week slipping under $L3 with the announcement last week. After tailing to $L2.61 early yesterday before the IPO, things just managed to pickup before the halt
Hope Capital Limited (HCL) Strengthened as the market began to recover and I guess the overall feelings improved with promised dividends from other stocks came through and LukeConnells presence around the WSE to answer any queries. Closing up at $L1.40
Logo Coding (LGO) After a tumultuous week of trades and major shareholder Axe Gretzky unloading over 7k of shares in the last 2 days, the design company struggled down at $L0.51
Sienkiewicz Investment Management (SIM) Fell again today with major shareholder Shaun Altman dropping a huge amount of shares onto the market sending the price down to $L0.51. Even with news of Simlicious being ordered, it was not enough to keep the price steady with this kind of sell off
Tao Group Bonds (TGB) suffered late yesterday with one unconvinced investor dropping 160 of the heavily priced stocks at a record month low of $L0.90. Major shareholders jumped at the opportunity and there was a frenzy as over 2.5k of invested volume pushed the stock back to a more respectable $L101.00
Tao Heavy Industries (THI) as confidence wains on the pending dividend and a slow but steady repositioning of major shareholder Eric Yerd (3.08%) sending it down to $L0.40

Recommendations - Plenty of action, even with the lower volumes, there are profits to be had as the smaller stocks get renewed interest. There's still 2 weeks before the possibility of any new stocks hitting the floor!

(AMS) Spec buy as we watch for anything lower than $L0.17
(HCL) Heading back towards $L1.00 is a definite speculative BUY < $L1.15. It won't be heading down for long
(THI) I cannot stress enough that (THI) is promising and I just cannot understand a sell-off from a major shareholder at this time. $L0.40? Spec buy
(SIM) I have 4 letters - R. I. S. K. The warning signs are there with a major cash out without any notice to the market (tut tut)

Catchya later!
SW

Quickie.

2007-11-01T21:07:00.000-07:00

Hi all, Just wanted to touch base on a few things in my field-of-vision at the moment.
WSE 4.0 looks like it is still a rolling ball, as 2 new pieces of the pie have emerged in the last 2 days with no news as their context or purpose...it's not breaking news, but thought provoking none-the-less.

A new menu bar item - LIVE TV. ? Ok. The page states: "Watch Live TV including Bloomberg, CNBC and more for all your latest market and global news." Not sure how this fits in with the current WSE? The rest of the page now includes a collection of Youtube clips on "The Secret". The Oprah backed "global phenomenon"...
Have you noticed the Google widgets on the main page? They were (up until a few days ago) just simple RSS feed from some news sites. These seem to have bred and multiplied with a very interesting and somewhat confusing addition. Facebook news? Do you think this is a response to another "global phenomenon", admiration from the CEO or something more sinister?

Anyway, open for discussion on these points. Look forward to hearing your opinions.

Yours in conspiracy ;)
Logansan Oh
- CEO, Chairman

Slowly...

2007-11-01T03:16:00.000-07:00

...but surely. A firm day in the market with lower volumes on most, profit taking on yesterdays gains and rallies on yesterdays retractions. Pretty even all round.
'Plays of the day': (DDE11%), (HCL-2%), (MYT20%) and (SRI25%)

Delicious Demar Enterprises (DDE) regained most of yesterdays slips as investors rushed in for the red-light-special, sending it back toward the $L3 mark on $L2.89
Hope Capital Limited (HCL) found support back up at $L1.30 early in the day only to shrink the gain from yesterday down @ $L1.22
Mythlands (MYT) struggled it's way back up to $L0.06 today on strong volumes
Spontaneous Rich Investments (SRI) put on a song and dance finally to show the market it was capable of drawing crowds to $L0.20. Still a bit to go

Recommendations - Pretty easy one today with some blatant weaknesses

(BEX) is flying under the radar on fluctuations at the moment after a small trade sent the price to the floor last week. A newby with a firm grip (huh hmm...pun! pun!) on one of SL's niche markets. Shouldn't last long below $L0.80, so get in @ $L0.74 while you can
(SNE) it's just a hunch, but plenty of action over at your2ndplace.com and a slip 10% today, my tum-tum says buy-buy @ $L0.81...maybe watch for a quick fall over the next day or so
(HOT) Why such a large spread? We have followed this one for months and can't fault it. If anyone is silly enough to part with these under $L1.90, don't tell them they're silly, buy first...explain later
(DDE) Secondary to start at $L3.00...current price $L2.89...by my calculations...BUY!

I'll get you next time Gadget...
SW

Balancing act; When and when not to say when

2007-10-30T21:30:00.000-07:00

I called it a day a few hours ago, but some late changes caused me to rethink my report.
The market indices's fell slightly again today, as the recent drivers of this advance all receded. (WTF) volumes were rampart again as expected and the spread shrank as day traders took the reins closing the efficiency gap. Focus still seems to be on the major penny-traders but some new investor interest in other areas is pushing the price freezes on some almost forgotten stocks.
Todays watched included (DDE-14%), (PPL17%), (SUN-30%), and (WTF-22%)

Delicious Demar Enterprises (DDE) lost precious ground after a small slip yesterday went virtually unnoticed. News from CEO of a possible secondary and expansion is obviously causing the cold feet. Could be some pre-change market manipulation at play, it closed down at monthly lows of $L2.61
Peoplepool (PPL) rallied on recent losses to close up at $L0.35, still lagging the entry of >$L0.50
Sun Media Consultants Split (SUN) continued it's slide after the stock consolidation and company restructure, settling back at $L2.45
WSE Traders Fund (WTF) quickly turning out to be the new "day-traders-fund", languished around the $L0.03 mark before struggling back up to close at the lower end of $L0.07

Recommendations - I am still yet to speak with most of the CEO's in some of the quieter stocks, so recommendations are based on market performance and our statistical analysis of current and historical data. Thus far our suggestions have weathered most of the damage over the passed few months and still garnered over 24% ROI! (more on this later) So, while it is up to the individual investor to make the decision to purchase, you can look to us for guidance.

(DDE) one of the bellwethers sitting vicariously on $L2.61...guarantee it won't sit there for long!
(LLL) suffering a late run slip back to $L1.50. This is a stop-hold at $L2.00, even in the face of LL land market fluctuations
(TGB) Won't last slipping back on $L100.00. Remember, high hopes and imminent dividends (bond interest for this one)

Happy happy trade trade,
SW

WTF Live!

2007-10-30T04:00:00.000-07:00

Yes, the biggest news of the day..nay, the MONTH, is WSE Traders Fund has been released to the market...and as expected, another run-for-the-hills session.
The WTF opened trade today with an unknown amount of shares at $L8.10! But soon saw the price crash like a GPB on open day (sorry..I need cheering up :( bad day) and ended up waddling down with the day-traders at $L0.03. Elsewhere today, there was plenty going on as the last of the halted companies were delisted bringing the total for the week now to 12!! The remaining stocks were helped along as traders moved their open orders from the removed companies in search of more of their 'skim' profits. (Yes, I know, we need them...)
Movers today were (LOT367%!!), (MGF67%), (SRI-36%), (TGB25%), (THI-26%) and of course (WTF-91%)!

Lotto Networks Unlimited (LOT) gained ground today with a third party buy-in sending the price well up over recent highs. (LOT) found new ground last week when major shareholders were all increasing their positions. The stock closed up today at $L0.14
Midas Group Financials (MGF) also gained as major shareholder Warren Tomsen (10.35%) went on a buying spree. Finishing up at $L0.05
Spontaneous Rich Investments (SRI) after coming off Secondary with a disappointing start ending the day down again at $L0.16
Tao Group Bonds (TGB) saw a dramatic increase in attention sending the stock up to highs of $L153.98, slipping back to steady on $L124.98
Tao Heavy Industries (THI) with CEO announcements galore at the moment (big launch poised!) investors are still trying to find the right position with this promising company, closing down a little at $L0.45
WSE Traders Fund (WTF) not quite liquidated to a Ginko position, but the traders are pushing it there. As the major shareholders begin to return to the floor, I expect to see this stock go nuts! Stooping as low at $L0.02 and currently rushing around the $L0.05 - $L0.10 range

Recommendations - I will let you know now...now, now is the time to buy! Stop by Hope Capital and have a chat to LukeConnell. He has some very juicy news...(it's a secret, so I can't tell. - oh, and Logansan wouldn't tell me, so I actually don't know either!!) As investors return over the coming hours, expect to see positions taken up in many companies.

(LWI) suffered massively today down 95% on some weird trade numbers. But at $L0.21, I would check out the index page, as it's by far one of the strongest
(THI) I harp on about this all the time, but check out their recent news and decide yourself if $L0.50 is a bargain (psst. it is!)
(WTF) what can I say, there is promise of dividends from LukeConnell, it's trading heavier than Ginko in it's death throws, why not jump in at $L0.10 and sit for while? My early predictions for this is $L0.15-$L0.20 until the dividends, if not more if the potential investment worth stated is realised.

That's all for now folks,
SW

Panic? No, please don't.

2007-10-29T18:24:00.000-07:00

Needed to touch base again, more trouble coming to light.
Seems the old news from (SUN) stated that there would be a stock split. Must have been an oversight on my behalf as we trawled through our info lists and discovered this: Sorry, a lot has happened in a week!

So, onto the newest of incidents; Kejo Merlin Land Group, suffering from land problems and the onset of VAT, has scheduled a shareholder Resolution to liquidate the stock and return funds to the shareholders. As Kejo Merlin is the majority shareholder (50.68%), it's no wonder the resolution passed. But as we (here and here) have been discussing over the last few days, at least the CEO followed protocol. The financials just don't stack up here...but I will wait for them to finalise before I comment on that.

In other news, the trading halt on (MYT) has been removed and once again the stock will attempt to regather after bearing the brunt of many of SL's financial difficulties. After the sale of Mythlands III, new Mythlands IV being opened up as residential rental estate, there is profitability on the horizon.

Splinkrot will return later to provide a complete update of the market.

Sincerely,
Logansan Oh
- CEO, Chairman

Confused

2007-10-29T05:34:00.000-07:00

Ok, I don't know what's going on...and I'm supposed to analyse? We were looking through the listings today and something wasn't quite sitting right; SUN Media Consultants Split? Where did this thing come from...and where did the original (SUN) go? Ok, I'm sure Logansan Oh is looking into it, so I'll just get on with the task at hand.
Weekend Round-Up: Apart from the big news that (RIS) will be departing the WSE shores soon, the above-mentioned (SUN) and 1 more company (PSG) relisting on another exchange, there was plenty of noise around other stocks as Adonis Action released positive info that he will be buying back shares from the market and the Loan System 2.0 is ready for release. (THI) announced dividend and bond-interest amounts and dates amongst some negative notes about the CEO selling shares. (SRI) finally came off Secondary IPO with a disappointing start.

Recommendations: I'm not going into too much detail today as I will wait for the markets response to another crazy weekend. There were some slips noticed among some of the stronger players, possibly due to profit taking in the slower parts of the weekend.

(THI) stumbled back towards $L0.60, easy in for a big dividend next week
(TGB) also good news on the way and some cheap buys as the CEO will sell. If you can get in lower than the secondary at $L100.00 then you will thank me later!!
(APZ) still in bargain territory at < $L2.00

Speak real soon,
SW

Stop Press RIS to delist!?

2007-10-26T22:19:00.001-07:00

Well, another one bites the dust as they say, but I need to be serious for a moment, as news has emerged that CEO of SLRisk (RIS) has decided to delist and move to Ancapistan Capital Exchange (ACE). The equity has been halted this week, but another announcement today from WSE confirms it.

No news as yet if the stocks will be transfered to the new exchange, so it's a vicarious time for current investors.

I will attempt to contact Investor Whitfield as soon as possible.
More news as it comes to hand.

Logansan Oh
- CEO, Chairman

rally

2007-10-26T00:04:00.000-07:00

The market rallied most of yesterday’s losses with major investment in performers and a few cobwebs cleaned off some relics.The big news was another announcement regarding the WSE Traders Fund. Take a look at these changes: (AMS709%!!), (BMC21%), (KJL87%), (HCL18%), (LHH163%!), (RIS20%),

AM Sportsbets (AMS) Major shareholder Expert Market increased position to 2.38% as trades in the punting firm clocked 100K! with a high and last trade of $L0.89
Blumont Capital (BMC) had an early boost from WSE Trafers Fund buy in of 60k+. Strange that the history does not show this? Up at $L0.46
Kejo Merlin Land Group (KJL) had an erratic day as major shareholders all increased their positions again and the market responded to the movement with lows of $L0.38 and highs of $L0.99 which it was resting at time of reporting
Hope Capital Limited (HCL) surged ahead again today topping $L2.63 earlier on to finish back to a low of $L1.26, still up and finding plenty of support in the higher numbers
Lemur High Score HCL (LHH) – all major shareholders increasing their positions as the derivative based on WSE bellwether, looked on as the share price of (HCL) clicked over the magical $L1.70 barrier putting (LHH) high up on a ledge at $L3.00!
Peoplepool (PPL) makes the news again today with momentum continuing to $L0.33
SL Risk (RIS) still suffering like a few others not used to the limelight, with a large spread. Investors are showing interest and the equity closed up at $L0.48

Recommendation – Good feelings continue today and there are still a few languishing stocks out there to snap up.

(ETC) suffered a small drop today but with a sound business idea, positive results from last month and well-backed board, I say this is the next one to catch up to the market @ < $L0.51
(TGB) I’m still excited about these bonds and the pending interest payment, almost as much as the escrow and dividend for THI, jump on this @ $L100.00
(THI) as above, seriously good buy < $L0.60
(MAI) I know I have mentioned this before, but there is no need for this to be below the IPO price, so grab them at $L0.80 and sit back for a few days

You’re a pal and a confidant,
SW

There's always 1...CORRECTION

2007-10-25T01:41:00.000-07:00

Over 2M trades again today as Midas Group Financials (MGF) struggles with major shareholders selling off and day traders skimming small profits from large trades. In other areas there were healthy volumes around some of the stronger stocks: (HCL8%), (KJL-23%), (MAI10%), (MGF100%), (PPL67%) and (RLX-62%)

Hope Capital Limited (HCL) found support in the upper ranges of $L1.20's before traders sent it back to $L1.07
Kejo Merlin Land Group (KJL) suffered as an unlisted shareholder (or a whole-bunch-o-traders) dropped out of the land conglomerate and saw holders Delicious Demar (DSE, DDE) and *CORRECTION Yesterday I stated Erid Yerd was CEO of PPL, it is Erik Goff (sorry guys) *Eric Yerd (majors - LLL, DDE, THI) increase their positions with the cheaper price. Down to an uncharacteristic low of $L0.53

Mainostaulu Network (MAI) rallied on yesterdays lowest mark since IPO after another positive announcement that 1000 billboards have been reached and a "huge dividend" is apparently imminent. Closed the day on $L0.80
Midas Group Financials (MGF) after hitting the 1c mark yesterday, (MGF) found support in the 2's today as news rolled on of a come-back...remains to be seen. Go traders go! It's also interesting to note, Ootje Timtam help a 20.20% stake around 2 weeks ago and most of the sales in teh past few days have been from this investor (or 'outvestor' - yes, i know; devestor). This position still exists, but has whittled for the CIO to 7.51%
Peoplepool (PPL) with a sharp rise on positive news from CEO Eric *CORRECTION Goff* that September was an "outstanding month" and WSE concierge MouzurX Wise increasing position to 1.99% sending the support well over $L0.40, finished up today at $L0.30
Real Life Investment Fund (RLX) took a solid profit taking day on yesterdays advance seeing a sad end of $L0.15

Recommendations - What can I say but BUY EVERYTHING! Seriously, there are a few companies that really fit the mold of sustainability & profitability, pending any major mess arounds (and yes, there may well be...) the sky is the limit!

(HCL) is still loitering around the lower levels of last weeks prices as the day traders try and take the last of their profits before the 'big boys' move in. Grab it around $L0.80
(MAI) with a rally towards the IPO of $L1.00 almost a certainty and positive news not spurring the market as it should, this could just be the ugly duckling you need to push that portfolio on @ under $L0.80...cheep! cheep! (yes, it's a birdie)
(RLX) not a great reason, but Luke's in...so why not grab it while it's at a measly $L0.15, it shouldn't break the piggy-bank
(TGB) with an imminent long-time-coming dividend, some major products ready for launch (escrow) and a high-end spread up to $L161.00, someone is stoopidly ridding these things!! ARE THEY CRAZY?! Only $L105?! Maybe they wanted steak knives too...

'ere we go, 'ere we go, 'ere we go
SW

WSE Traders 'Funds'

2007-10-25T00:45:00.000-07:00

No, there's still is no new news (is it the 19th of October yet?) but there have been some changes around the market in the last few days without announcement...
Namely, LukeConnell Vanderverre and the WSE Traders Fund are now major shareholders in some new companies. The positions of these two entities is extremely interesting:

LukeConnell Vanderverre

Hope Capital Limited (HCL), well known until now, but the stake is now 21.51%
Real Life Investment Fund (RLX) 200,000; 20%

WSE Traders Fund (WTF)

Hope Capital Limited (HCL) 8,800,000; 34.03% (Nicholas Portocarrero's old position)
Action Mortgage & Investments (AMI) 402,156; 20.11%
Hope Capital Bond Issue (HCB) 6,093; 9.04% (another of Nicholas's positions)
Sun Media Consultants (SUN) 127,616; 5.32% (Lukes old position)

LukeConnell also held a strong position with now delisted Greyhound Builders (GBU), which probably means he will benefit from the WSE Traders Fund also.

All this looks like the "clean up" that LukeConnell spoke to me about a few days ago. (GPB) is still listed on the WSE and seems will stay that way until any of Ginko's outstanding assets are liquidated (don't hold your breath).

What do I think about these moves? All seems to be adding value to the 'fund' that has been getting negative coverage since it's first inception last week.
As we have been predicting the strength of the market, which has returned this week, the growth of many of the listed companies and the handling of shady so-called "CEO's" and just plain old fraud; I just can't say enough, get in before the masses, this place is going to GO OFF!

Sincerely,
Logansan Oh
- CEO, Chairman

MOO! - ‘..strap yourselves in boys..’

2007-10-23T19:45:00.000-07:00

I can’t wait for the new Starcraft…sorry, where was I? Oh yeah, a MASSIVE day with over 2M trades! I’m so excited I am releasing this a little prematurely.
First off, Hope Capital Limited had some fresh new capital injected as CEO LukeConnell Vanderverre increased his position from 19.96% to 21.12%, sending the share price back up to a very respectable level. Logansan Oh spoke extensively with LukeConnell at the World Stock Exchange earlier and I will be reporting on some of the findings. A trading halt on struggling Mythlands will have day traders fuming.
A swag of delistings over night also! So let’s take a look at the following: (AMI29%) (KJL49%), (HCL2%), (LHH-25%), (RIS21%), (RLX875%!!!)

Action Mortgage & Investment (AMI) causing quite a stir with new strength. Almost 0.5M trades in the 24hrs saw highs of $L0.49 and lows of $L0.25, finishing up at $L0.26. Other big news here is Wse Traders Fund is now listed as a major shareholder of (AMI) with a 20.11% stake…
Kejo Merlin Land Group (KJL) found support around $L1.10-$L1.13 throughout the day to finish up on $L1.40 with a measly 8 trade
Real Life Investment Fund (RLX) saw a return to power today as LukeConnell Vanderverre bought 200k shares for a 20% stake in the company. The news from (RLX) was not fantastic yesterday, but this cash injection sent the share price back to a reasonable $L0.50 until another major shareholder dropped 200 shares at $L0.389
Hope Capital Limited (HCL) With the CEO buying back a large quantity of shares, the price peaked at $L1.65 before some pretty hefty profits were taken. At the close of the day the price evened out to the previous close of $L0.80, but sitting on the lower end of the spread, I see this heading back up in overnight trades
Lemur High Score HCL (LHH) a derivative from the Lemur House of Derivatives, bolstered by news that the barrier for HCL was almost hit has major shareholders that understand the implications increasing their positions. The price fell on day trades to end at $L0.85
SL Risk (RIS) suffered early as major shareholder Travis Ristow continued the sell off. Finishing up after yesterdays slight slip to close at $L0.40 on a small volume. I rate the actual price closer to $L0.20

Logansan Oh, our CEO and Chairman spoke with LukeConnell earlier about the share buys of HCL, who stated that there was no need for an announcement to cause any sell off and he was happy to be “cleaning out” the WSE clutter. Our predictions of brighter days for the WSE seem to be coming to fruition.

Recommendations – I am feeling extremely fresh today and predict some profit taking around the spreads on a few of the gainers, but this shouldn’t last long. I wouldn’t rush in on everyone at the moment, as there are still some stocks that are ringing alarm bells.

(HCL) BUY to HOLD what can I say other than ‘I told you so!’ A good time to get in and start accumulating @ $L0.80 before they become too expensive
(RIS) I’m not saying to bet the sheep station on this one, as a major shareholder selling off is never a good sign, but a promising business model and service should see this company mature. The open Bids only have 400 shares before the next price of $L0.10. Good time to buy cheaply.

The cold-hard-hand of the WSE (namely Luke) has been swift to clean out non-compliant companies this month and I don’t think the “Spring Cleaning” is quite finished yet.
We have seen the trade halt on (DTR) and as of today delisted along with (LDI), (DON), (GBU).
(MYT) being halted in the last few days and these seem to be based on the ‘no announcement’ rule. So here are a few more we have uncovered:

(KCG) SELL No announcement since 28^th July. Nicholas Portocarrero listed on board doesn’t instil strength either.
(LOT) SELL No announcement since the 28^th July gambling ban impact notice. DANGER!

So make sure you are following companies that are following the rules, otherwise you might end up contributing too much to the (WTF)!

TORRO! TORRO!!
See you tomorroooow!
SW

WSE Trading - Lesson 3: BUY and SELL

2007-10-22T21:38:00.000-07:00

There is plenty of information available on the World Stock Exchange website under EDUCATION which will get you started with how to trade, but I thought I would give some outsider views on this, the most fundamental part of the stock exchange.

As I mentioned in my previous lessons (1 and 2), I am assuming no prior knowledge by the reader so some of you may find this extremely boring, but for the benefit of those who have not come from RL financial background, I offer these tips to get you started on the way to a successful portfolio and hopefully help you steer clear of any common pitfalls.

Ok, let’s get onto the site and logged in. (note, from here on in the links will access the https:// areas of the site, so they may fail or display incorrectly if you are not logged in)

Once you are logged in you can access the following:

Step 1: Click through to TRADING ROOM
You will see an area called “Your Watch List” and some headers. There is also a drop down list containing the listed companies (in alphabetical order) and 2 buttons “Add to Watch List” and “Trade”

If you have used this area before, no doubt this list will already be populated.

TIP: I would suggest that you take the time to use the “Add to Watch List” for companies you are interested in. This list will be saved for when you log on next time and provides quick access to the stocks.

Step 2: Select a company from the list.
For this exercise we will use the bellwether Hope Capital Limited (HCL).

Step 3: Click “Trade” button.
You will now be taken straight through the companies pages to the “Order Entry” page. This is where you can buy and sell the companies stocks or bonds.

You will notice at the top of this page is you Linden and WIC balances, your current holdings in the stock (in this case will be 0 unless you already own HCL shares…shame on you if this is the case!).

Further down the page will be some tables. The first table shows the current highest “BID” order, the current lowest “ASK” order, the previous “LAST” order filled and the “CHANGE” that this last order was from the previous.

The next table show the last 10 trades completed. This is an essential place to help you decide on the price you wish to buy or sell the stock.

The next area is where it all happens; here you enter your “Market Order” or “Limit Order” for the stock. I will explain what these mean shortly.

Finally, the last two tables show the lists of Top 10 open “Buy Orders” (the bidders) and “Sell Orders” (the askers).

Ok, so what do all these terms mean. I know they are a little confusing, but trust me, you will get the hang of it really quickly.

Let’s start with the quick and easy one; “Market Order”. If you place a market order, you are simply stating that you would like to BUY or SELL shares at whatever the market will currently offer you. It will be the most immediate trade as while there are open orders, your market order will fill these.

For example; MARKET BUYING – you want to buy 100 shares.
Enter the information like this: (don’t worry, you won’t buy any just yet)
Action: “Buy”
Currency: “Linden”
Shares: “100”
Click “Get Estimate” button
You will be taken to the “Market Order Estimate” screen.
Now you will notice that the “total cost” has been entered for you. Take note of this number. At the time of writing this, the amount is “82.00”
Now, click back (warning: if you click “submit” you WILL buy the shares!!).
Take a look at the 1^st open “Sell Order” (Ask). As long as this order if for more than 100 shares, then these are the shares you were about to buy. The price for me is $L0.82 (0.82 x 100 = $L82.00)

Similarly for MARKET SELLING – you want to sell 100 shares.
Enter the information like this: (don’t worry, you won’t buy any just yet)
Action: “Sell”
Currency: “Linden”
Shares: “100”
Click “Get Estimate” button
You will be taken to the “Market Order Estimate” screen.
Now you will notice now though, that the total is separated into “Gross Income”, “Commission”, “Total Income”. The WSE commission at the time of writing is 3% on each “sell”. So you do not pay the 3% on the buy orders, only the sell orders.
Take note of the number in gross income. At the time of writing this, the amount is “73.50”
Now click back (warning: if you click “submit” you WILL sell the shares, if you own them of course)
Take a look at the 1^st open “Buy Order” (Bid). As long as there is more than 100 shares here, then this is the order you will sell them to. For me: $L0.72500 (0.725 x 100 = $L72.50)

Ok, so that’s market orders. Now we take a look at the trickier, but more controlled “Limit Order”.
Placing a limit order will allow you to set the price you want to BUY or SELL the shares at. These will go into the open orders list and as someone else decides on that price or the price you set becomes the market price (ie: the number 1 in the list), these will be filled.

For example; LIMIT BUYING – you want to buy 100 shares at $L0.60.
Obviously, if you could buy and sell at what you wanted immediately, it wouldn’t be a market. (…it would be communism!) But if you feel that the stock is overpriced, you can set a limit to BUY the stock and you won’t end up paying more than what you think it is worth.
Enter the information like this: (don’t worry, you won’t buy any just yet)
Action: “Buy”
Currency: “Linden”
Shares: “100”
Limit Price: “0.60”
Click “Get Estimate” button
You will be taken to the “Limit Order Estimate” screen.
Now you will notice that the “total cost” will be what you want it to be; $L0.60 x 100 - $L60.00.

Similarly for; LIMIT SELLING – you want to sell 100 shares at $L0.90.
If you feel that the stock is under priced at the current market rate, you can set a limit to SELL the stock at a price you want to get and you won’t end up selling it “short”.
Enter the information like this: (don’t worry, you won’t sell any just yet)
Action: “Sell”
Currency: “Linden”
Shares: “100”
Limit Price: “0.90”
Click “Get Estimate” button
You will be taken to the “Limit Order Estimate” screen.
Now you will notice that the income again is split up to show you the commission and the “total income” will be as you set it; $L0.90 x 100 = $L90.00.

Finally, we will take a closer look at the Top Open Orders lists. This only shows the top 10 Buy and Sell orders, so make sure you can see some distinct numbers in the No# columns as sometimes day traders will put 1 or 2 shares in at similar prices to flood this list. This is silly and very annoying!
The difference between the number 1 Bid and the number 1 Ask price is referred to as the spread. The smaller the spread, it is said, the more “efficient” the market is. You can read more about this here.
There are some large spreads on the WSE and trading in and around these will return you some nice profits. Just make sure you factor in the 3% sell commission and any fees you are incurring getting money in and out of the market.

If you have any questions or want to point out any of my short-comings here, please leave a post or as always you can contact myself or any member of our team in-world via IM or catch up with us at WSE Trade floor, level 3, Hope Capital.

I am taking some time away from the educational entries to concentrate on our up and coming MARKET-INDEX and TRADE-TOOLS that we will be launching and releasing to investors…so keep your eyes and ears peeled!!

Sincerely,
Logansan Oh
- CEO, Chairman – S&W Assets and Funds Management

Up up and away!!

2007-10-22T21:14:00.000-07:00

Investors are putting their collective heads down and their cheque book buts up sending the market to fresh 2 month highs.
(A quick sneak of our bellwether index – up 358 points to 1684!! …more on this shortly)

Helped on in part by a crazy 1 stock sell of (LWI) at $L9.50!! But we will discount this for today’s findings:
The big movers and shakers – (ALC52%), (GAL6%), (HCL13%) and (THI-2%)

Atlantis Land Corporation (ALC) having decent volumes in an upward direction. With the spread closing from over 75% to 6%, definitely something to keep an eye on. (ALC) finished up at $L0.93
Games Ltd (GAL) continued its growth spell with 20k of shares changing hands giving the once promising company the investor view it still deserves, closing at $l.00, a 2 month high
Hope Capital Limited (HCL) rallied on yesterdays late profit takers to finish up at $L0.81
Tao Heavy Industries (THI) another profit taking session, can we be so bold as to say it was because of our report last nite? :O Closed down at $L0.58

Recommendation – As the market finds its new stable point, there seems to be a few bulls loose so I would definitely take a hold position with some strong players and try and get in quick on the sleeping giants. (I can’t believe I have missed the boat on GAL! tut tut!!)

(HOT) another bellwether, a small slip, an expensive steal at $L3.00. This is an accumulator for a solid portfolio!
(LEM) Not sure what is going on with Casper’s strong equities, but this is a bargain in my books at $L0.86. I put my own report in on LEM – strong buy > target $L1.40
(SIM) slipped as the forum-like arguments flair up over an analysts report. This will die down and investors are seemingly panicking over a simple bitch-fight. Good buy under $L0.70
(SLW) a solid newcomer with excellent dividends, great communications, direct income for large shareholders and extremely promising expansion plans. Currently under HALT for Secondary, so head to the IPO section and take your position at the original IPO price of $L1.00

TORRO!

time to go to work

2007-10-22T04:24:00.000-07:00

There is so much going on at the moment that my head is spinning...let's get into the days play:
(AMI-5%), (FDE72%), (HCL-12%), (LEM44%), (THI2%)

Action Mortgage & Investment (AMI) after solid growth and major shareholders increasing their positions, some top line profits were realised sending the price slightly back to $L0.20
Four Deuces Entertainment (FDE) after some positive company info and the imminent launch of a new product line, shares traded way up over the weekend with todays close of $L0.62
Hope Capital Limited (HCL) with the chatter around the WTF getting louder and causing some jitters, investors leaned slightly away from the bellwether leaving it at last weeks close of $L0.72
Lemur Investment (LEM) not a strong position as volumes at this price are in the units, still rose a little from last week. I put the "actual" price at $L1.24
Tao Heavy Industries (THI) with investors obviously sleeping when this went off, only waking up now to smell the beans. Great volumes over the weekend with 2 big jumps ending today with a not-quite-there, but healthy $L0.59

Recommendations - There is still a lull after recent upsets, with plenty of the smaller stocks yet to catch up

(HCL) with a slight down from last weeks highs, this is still a great buy under $L0.70
(LEM) this is not a peak, as someone is tampering with the price, but a well-backed long buy at anything under $L1.50
(MAI) a bargain buy at $0.60, a slow month that will pick up for this advertising guru

'til tomorrow,
SW

Weekend Roundup

2007-10-21T22:00:00.001-07:00

Well, looks like I could be writing my way into a weekend job as there just seems to be so much action around after the "real world" heads off to 'The Lodge' or the 'Beach House' for 2 days R&R.

Recap of the weekends news: Probably the most significant news since the GPB and HCL financial reports and quite possibly since Ginko financial now on WSE, came on Saturday as Nicholas Portocarrero emerged from the SL-wood-work to inform the market that his 'bank' had failed, his ideas never panned out and basically...the bonds were 'dead'. This was followed by an almost immediate trade halt of (GPB). Logansan Oh has informed me that he will provide full coverage of this as more news comes to hand.

Elsewhere for 8 minutes, SLRisk's (RIS) CEO Investor Whitfield, gave a rebuttal to analyst Jon Desmoulins report. The Dear Jon (clever) rebuked the shortcomings of the analysts report and answered many of the items brought up in the report. Shares in (RIS) suffered some day-trader blight with some very small volumes giving an amazing spread run, but finished slightly down at $L0.41.

Some exciting news from the Four Deuces Entertainment camp as they released a teaser to potential investors of the new and up and coming plans.

SL Wizard continued it's expansion plans and prosperity announcing the recent success, an up and coming secondary offer and details of the current and future plans. All systems go for SL's Turkish contingent!! The secondary is under way trading at the original IPO price of $L1.00.

Spontaneous Rich Investments continued it's obligations with current holdings presented and the announcement that the (SRI) secondary will be completed on the 31st of October at midnight. This note also contained a rebuttal to another of analyst Jon Desmoulins reports. The CEO of (SRI) Spontaneous Rich, not exactly answering the concerns raised, rather pointing to the analysts own companies short-comings. (SRI) is still in secondary at $L0.25.

I'll be back in a few hours to give you an update on the days trading as the week begins.
mwah,
SW

big news

2007-10-21T16:06:00.000-07:00

No time to talk right now as we are chasing up all the news from yesterday...
There is movement at the station re: GPB's & Investor Merlin.
All I can say at this time is there is too much being said and nothing being confirmed.

On Ginko Perpetual Bonds: The facts at this point - WSE has placed a trading halt on (GPB).

On Merlin Investment Bank: The facts at this point - Merlin Investment Bank ATM's are not transferring lindens when withdrawals are made, yet the accounts are being debited.

Everything else is speculation...

Until I know all the facts and have spoken to the parties involved I will not speculate further on these topics. I hope to have a clearer picture by tomorrow morning. Please check back shortly.

Logansan Oh
- CEO, Chairman

Company stock review - AMI

2007-10-18T04:03:00.000-07:00

You will find this listed on the WSE website now:

Action Mortgage & Investment

Rating - Strong buy $L0.12, Buy $L0.24, Long buy $L0.41, Accumulate $L0.70

From financial reports:

Revenue: L$67547.00

Expenditure: L$54014.00

Earnings: L$13533.00

CAPEX: L$0.00

Land Owned: 33406.0 sqm.

Land Value: L$20.00/sqm.

Buildings Value: L$60000.00

Equipment Value: L$55000.00

Inventory Value: L$0.00

Cash on Hand: L$192000.00

Investments: L$130818.00

Debtors: L$0.00

Liabilities: L$0.00

The company: Action Mortgage & Investment (AMI) as the name suggests, aids Second Life residents with loans and investment advice. At first AMI developed malls and residential property and until recently was well placed in this sector. This vertically integrated direction placed AMI within a very tight market. Land and development is saturated and volatile. Needless to say, recent times have almost forced AMI into growing it's newer moniker of Loans and Investment. With the Loan ATM's being placed around SL, this new venture looks poised to capitalize on the growing needs of the resident economy. With a hefty 15% return on loans, this is definitely the current cash-cow for the company.
Just recently, a Resolution was passed to sell/liquidate the millionaire's mall by shareholders in order to move into more profitable residential land rental. A statement from the CEO regarding this also mentions the resumption of dividends as part of this deal, which is great news for current and new shareholders.
AMI has several outlets for advertising throughout it's land holdings, with ATM's, SL-newspaper.com with more to come, giving residents and RL investors visibility of the company and it's products.

Management: Adonis Action - CEO, a concierge of WSE listed with Hope Capital Ltd. issues regular announcements , addressing issues from shareprice, business reviews, shareholder updates etc. The fact that Adonis Action is available through email, skype (adonis.action), regularly in-world and even makes the announcements available on youtube in person (yes, RL!), shows that he is committed to this company and it's shareholders.
New board members are also being sought to lead the growth of the company.

Major Shareholders: Head Advisor: Stryker Yoshikawa, who is also a (buying) major shareholder of struggling (GBU) (also held by WSE CEO LukeConnell Vanderverre) and current secondary stock (SNL), is constantly buying in as traders send the stock down towards the single digits. Since the sell-off in late August sent the price down, it has struggled to recover, with day trading causing fluctuations.

Overall: A well-run, solidly planted SL company suffering from traders blight. New profit reports will show the market the strength it will need to back this stock and the price will steadily climb back towards $L1.00. Who knows, as growth continues, it may even move beyond...

Logansan Oh
- CEO, Chairman - S&W Assets and Funds Management

No time for cheese and biccies!!

2007-10-18T01:02:00.000-07:00

Not a lot of news around today, but plenty of trading around the usually quiet stocks. Plenty of movement as the market declined and investors rushed in for the mid-week specials; (108%), (DTR-94%), (MAI-12%), (MGF-75%), and (RDX-47%)

Action Mortgage and Investment (AMI) Investors returning with the promise of the resumption of dividends and the chances being high with the sale of the Millionaires Mall being approved from the Shareholder Resolution. Stock closed at $L0.25
Daztec Rentals Group (DTR) suffered a crash as Gen Ferraris(20.04%) sold 100k @ $L0.02. There has been no announcement since August 13th...I sense the heavy hand of WSE and the delist monster
Mainostaulu Networks (MAI) With 2 major shareholders fighting for price supremacy, this newcomer is beginning to find it's feet, unfortunately in the negative territory. Finishing down @ $L0.64
Midas Group Funds (MGF) Beginning to show the traders edge of (GPB) and matched volumes today. Finishing down @ $L0.01
Redux Technologies (RDX) Crashed again as day traders showed up the major shareholders and Talal Wade buying back in after the late September sell off. Closed down @ $L0.53

Recommendations - Bargains were snapped up overnight but still room to move as volumes continue:

(HCL) I have been right all week, so why not stop now. The bellwether will return to grace
(HOT) Slipped a little today, but the BUY orders are way down @ $L2.55. If you can get in around this price you'll be laughing all the way to the WITHDRAW button
(RDX) No danger signs after a crash, so if any holders are willing to part with this well-underpriced equity, I suggest taking them up!
(MGF) Not the safest bet with Midas Commons' track record, but a $L0.01 buy with a 300% movement in the spread should yield some profits
(GPB) Topped out with investors not interested in venturing into the $L0.07's. Volumes were didn't break the 1M mark for the 24hrs
(DTR) I will end with a caution, as CEO has not given an announcement since "family illness" and a major shareholder bailing out, I wouldn't be surprised if we see this equity go the-way-of-ol'-PNKy ;)

Stay sharp, lots of bargains around as the market recovers from the recent turmoil.
SW

More from the WSE

2007-10-17T20:25:00.000-07:00

I spoke briefly to LukeConnell Vanderverre from WSE on 15th October re: the lowering volumes and have been trying to get hold of him since for word on the WTF. I can understand his position with this as it is very hot at the moment, I guess I am being a pushy journalist trying to get the scoop! The Chairman's address released early yesterday clearly stated more news to come for the WSE Traders Fund on the 19th October. So, we all have to be patient...one more sleep.

The volumes have corrected as predicted by Vanderverre and things appear solid with plenty of action around the place.

The address mentioned above also indicated there would be no bond interest paid for HCB. Obviously causing some impatient shareholders to cut and run as the price has crept below the secondary of $L100.00 a share. The information had a silver lining, as it appears to be all systems go for Hope Capital and WSE.
I am going to steal some of Splinkrot's thunder here, but major shareholder Nawlins Arkin(11.54%) has begun steadily selling off at $L95.00 today, with an open order suspiciously in the same amount as the holdings (7777) at this same amount.
If you are interested in a 3 month long that almost guarantees an excellent position in this bellwether, I would take Nawlins up on his offer...don't expect them to last at this price!!

Logansan Oh
- CEO, Chairman

Solid days returning

2007-10-16T23:17:00.000-07:00

Big news from Hope Capital as Chairman LukeConnell Vanderverre delivered some mixed sentiments to the market towards the end of today. Movements continued throughout the day slowing up towards the end after the news. (ALL30%), (DDE23%), (HCB-29%), (HCL17%), (MYT-33%), (SUN26%)

Alluris Estates (ALL) gained ground on news of positive future plans. Up today to $L2.30
Delicious Demar Enterprises (DDE) rallied as investor confidence continued in one of SL''s strongest companies. Ending the day with $L3.34
Hope Capital Bonds (HCB) on the back of the WSE announcement, investors jumped ship as news that no bond interest would be paid until at least February 2008. The share dropped significantly with a few trades hitting $L82.01
Hope Capital Ltd (HCL) recovered from recent losses as focus resumed on the positive. $L0.75 is slowly creepy back to a respectable price
Mythlands (MYT) suffering from day-trader blues lost ground finishing on $L0.02
Sun Media Consultants (SUN) continued the upward motion at $L0.49

Recommendations - Today brought some solidarity back to the market and thus a little confidence in possible purchases.

(BEX) slipping back to the IPO price of $L1.00
(BMC) lower volumes but room to move at $L0.12
(DDE) The strongest of the WSE stocks and as always a long buy. Accumulate @ $L3.34
(GAL) dropping to the lower end of the spread, profits abound at a $L0.29 buy
(HCB) I suspect plenty of movement as shareholders who were hanging around for quick bond interest move onto something else. If the price drop below $L100.00, snap them up
(HCL) should start on the road to $L2.00 and beyond over the coming months. Still a bargain @ $L0.75
(RLX) steer clear as a recent mass sell-off below $L0.01 from a major shareholder could spell "delist"...

Can't wait till tomorrow!
SW

The action continues

2007-10-16T04:42:00.000-07:00

The big news continued today with another delisting, company restructures and 2 new resolutions. New merged entity (MGF-71%) lead the trades today smashing recent Ginko records, with other stocks trailing (HCL-18%), (RLX-100%), (SUN-21%) and (THI-26%).

Midas Group Financials (MGF) after the merger completed over the weekend and major buy ins sending the price over $L0.14, those smart enough to get in have began to sell off with Major shareholders increasing their positions today and the price falling back to pre-merger numbers finishing at $L0.04. Volumes for the day topped out over 5M!
Hope Capital Ltd (HCL) fell further today as investor confidence wains amongst all the commotion. Small volumes around the spread at $L0.65 for most of the day ending at $L0.64
Real Life Investment Fund (RLX) Suffered a massive blow in the market today with major shareholder Sando Haller dropping over 200k worth of shares for under $L0.005 (showing as $L0.00) Trading stopped but has not been halted as yet
Sun Media Consultants (SUN) after news of a possible stock reshuffle and uncertainty from management about the plans for the company, the price eased to $L0.24
Tao Heavy Industries (THI) suffering from profit taking after recent gains, finishing down at $L0.42

Recommendations - Still very tense on the floor but some price falls are showing some room for improvement.

(SIM) announced a joint venture with Delicious Demar Enterprises to expand their land holdings. Focus seems to be on passing through the VAT stage with a loss but emerge with future gains. No volumes after a recent fall has left the stock vulnerable for investment @ $L0.20
(MYT) still lingering in trader territory, this stock is begging for a chunky investment to return it to a respectable price. Grab it @ $L0.03!!

See you tomorrow,

WTF - wtf?!

2007-10-15T17:36:00.000-07:00

After logging on yesterday and finding a new stock in my portfolio, I assumed something screwy with the WSE database. I have seen problems with the listings with long-gone (RMV) still appearing in my Watch-List after being removed many times and delistings dropping off and reappearing automatically.
But this one didn't cause an error when we clicked on it. Instead we were greeted by a WSE Traders Fund symbol and what looked to be a complete company information page.
The Business Overview states that this is a fund created to assist shareholders recoup some of the costs of a delisted companies, a way of compensation. No details yet as to the conversion process and whether or not they will be traded on the floor. "Details on the conversation process will be provided at a later date. "

I will speak with LukeConnell Vanderverre, CEO of Hope Capital Ltd, at the earliest possible time for further comment. So far, there looks to be a light at the end of the tunnel for shareholders left out in the cold.

More later,
Logansan Oh
- CEO, Chairman

Crazy weekend!

2007-10-15T04:58:00.000-07:00

Well, the WSE review has certainly kicked in as the market was awash with announcements over the weekend.
Delistings of (PMI), (PGI), newcomer (ENL), a trading halt on (LDI) and halt lifting of (TMA).
Strong (KJL) announced that the company would suffer a loss for the month of October due to VAT. (AMI) has posted a resolution to sell the Millionaire Mall. (TMA) board has elected a new CEO and provided a roadmap for the future of the company.
The market saw some obvious movements today with (MGF-57%), (THI-12%), (TMA13%)

Midas Group Financials (MGF) the new entity created after the merger of (MFM) and (MPM) saw profit taking ended down at $L0.06
Tao Heavy Industries (THI) another victim of profit taking ending slightly down at $L0.50
Trouble Maker Approved (TMA) surged on news that the company will change direction and a new CEO and board will be elected. The stock was up at $L1.85

Recommendations - Volumes are returning and plenty of corrections as the market uncertainty around the company review process begins to settle.

(MAI) is sitting at a low at the moment at $L0.62
(MYT) risky buy but the volumes around the spread are seeing small profits

That's all from me right now, but the big news hasn't finished, that's for sure...
SW

Jitters

2007-10-13T18:18:00.000-07:00

A big week with strength beginning to return before the shock market exit of AtomicPink(PNK) due to company bankruptcy. Must have been a tough month for Mizzy Maltz as all signs looked positive for the design company. As I mentioned in an earlier post, there have been a few dissatisfied customers raising voices in the forums, which can usually be taken with a grain of salt due to the anonymity of Second Life.
Hope Capital CEO LukeConnell Vanderverre posted a comment here regarding the PNK delisting and as yet I have not been able to contact Mizzy Maltz.

The market has completely stagnated with overnight volumes dropping to an all-time low, currently 186,273. Even heavily traded GPB has only managed 97k according to slquotes.com, as it hovers at a high of $L0.07.

Having said all this, there is no panic evident around the World Stock Exchange and investors are simply asking the question; "Why is it so slow?"
There is certainly an air of uncertainty on risky trades as the dust settles after PNK's exit.

Prices have not declined which does prove that our reported market maturity has not suffered.

All-in-all, I am taking this 'siesta' of volumes at face value and am putting it down to 1 minute silence for the passing of a much liked stock...chin up, let's get on with business.

Regards,
Logansan Oh
- CEO, Chairman

I'm feeling a little sore...but the show must go on!

2007-10-12T01:21:00.000-07:00

Well, I have to say now I am as shocked as you at the delisting of PNK. I only recommended this the other day. (Sorry to those who fell over on this one) It seems that insider trading hasn't been completely weeded out just yet. We will consider this a little more closely with a major shareholder dump.
In other news, Midas Commons has released a notice that (MFM) and (MPM) will merge into 1 new stock (MGF).
So confidence and maturity took a solid punch to the chest and the market was slow with the exceptions of: (AMI18%), (FDE7%), (SUN100%) and after the merger talks (MFM100%).

Action Mortgage and Investment (AMI) continued a steady run up gaining as Stryker Yoshikawa picked up some of Rock Tobias' (5.85%) shares lifting holdings to a massive 20.25%. AMI closed at $L0.20 with the top of the spread still pushing $L0.25
Four Deuces Entertainment (FDE) surged to $L0.30 as Investor Merlin increased position to 0.43%
Kush Islands (HOT) Not a mover today, but strong news of expansions and a massive $L0.09-$L0.12 per share dividend expected. No major shareholder activity since September 28th just adds to the positive feel. Sitting steady with low volumes on $L3.08
Sun Media Consultants (SUN) Major shareholders Xiang Miles(11.15%) and Bruce Norse(9.62%) have been busy increasing their positions this week sending
Midas Fund Management (MFM) surged after merger information and high volumes before the implementation of the combination of stocks. Investor Merlin sold almost 50k of shares reducing position till 2.35%. The stock closed up at $L0.14

Recommendations - after taking a beating this morning, our risk-bone has retracted slightly. Sticking to some more solid stocks today:

(HOT) is a definite accumulate with the strength of the company @ $L3.08, but try and get in around the spread, as there aren't many investors willing to part with these and volumes around the spread a low...spidey senses are tingling!
(HCL) dipped a little today, definitely a buy at $L0.67

Ok, looks like I'm going to be working the weekend to make up for this week...see you tomorrow
Logansan Oh
- CEO, Chairman - S&W Assets and Funds Management

AtomicPink - Delisted!?

2007-10-11T16:08:00.000-07:00

** SPECIAL REPORT **

Shocking news today as WSE delisted AtomicPink(PNK) with an announcement that the company is bankrupt and all shares have no value and thus removed. Definitely didn't see this one coming and just goes to show you how quickly things can get sticky around here.
Mizzy Maltz seemed to conduct business well, with popular items listed regularly on SLExchange.
We should have heeded the warnings when we read about this a month and a half ago. Hindsight is 20/20, as I also noticed a flame in the forums around the same time (which has since been removed) and just didn't expect this.
The recent stock sell-out by a major shareholder was also a bad sign...

I received an IM from Sportsbets Writer, who was the unlucky investor who took hold of these shares from the obvious insider trading seller Paci Barbarossa (I will be having a word to this avatar in-world). The IM was a snippet of another conversation he was in progress with Mizzy Maltz; "Mizzy Maltz: Well, I hate to tell you this, but I already wrote into Luke at the WSE days ago to report that we are bankrupt and to delist PNK but they have not done so yet." Not good news for investor confidence.

As always I will be chasing this one up myself and I will put as much light on this situation as possible to ensure we have the foresight to see things like this coming in the future.

Disclaimer: I personally owned 12k+ shares in (PNK)

Logansan Oh
- CEO, Chairman - S&W Assets and Funds Management

...like a frog in a sock!

2007-10-10T20:25:00.001-07:00

Yes, thank you.
I know you are all singing me praises of the forewarning of an overnight blitz. Not sure I was expecting such rush though...5M shares changed hands overnight and that's discounting the 5.1M plus share swap with the APZ/SLM merger. Massive news and positive for both parties in my books.
So, it's official, the market is going up and up forever and nothing, it seems, will stand it it's way...Greed is good! (sorry, I'll get off this incredibly-large horse now..one last thing..THI..huh? huh? You're welcome!!)

But seriously, there were definitely some bulls let loose in WSE-China-Town as bargains were snapped up and led the market to surge yet a few slips from the stragglers saw a slight decline overall.
A close eye today on the action with (APZ46%), (DDE-14%), (HCL10%), (PNK2150% - seriously...), (MYT-80%), (RIS13%), (SLM35%) and (THI18%)

Apez Corp. (APZ) Albeit lower than expected volumes on the merger news, but coming in a little late I expect this to change tomorrow. (APZ) finished up at $L3.07
Delicious Demar Enterprises (DDE) definitely a prized posession around the markets, saw some profit-taking around the spread with a low volume showing the price slightly down at $L3.39
Hope Capital Limited (HCL) the markets bellwether saw a surge on medium, though paled in comparison to daily, volumes to finish at a modest $L0.80. On the way back...
AtomicPink (PNK) in the news again today after yesterdays dramatic fall was pounced on by aggressive buying from one punter Sportsbet Writer, taking a 4.85% stake at $L0.09 a share. It would have seen around 400% growth over the 2 days with these large trades but it seems Sportsbet may have liked the idea of an inflated portfolio, taking 10 shares at $L0.45.
Myth Enterprises (MYT) struggling Mythlands saw another massive slip today with 300k and counting, leaving at $L0.01! Strangely enough, this wasn't a major shareholder...someone has taken a huge loss!!
SLRisk (RIS) stepped up to $1.26 even on the back of a "strong sell" from analyst Jon Desmoulins not pushing investors to the same decision
SLMarketing (SLM) much like (APZ) above, didn't have the market reaction expected with such massive news. Volumes, although still low, were double (APZ) and priced-in at $L0.58 to close the day
Tao Heavy Industries (THI) bolstered by positive analysts reports, 600K injection saw the price gain to $L0.59 by close. It won't stop here...

Recommendations - I'm afraid it's a tough one today as investors are sniffing these out before I can let you know:

(APZ) A steal when you look at the IPO price, but could take some solid earnings reports to push back up there. Definitely a long-buy at $L3 even
(PNK) is a bargain and still is a bargain @ $L0.10 as the major shareholders sort out their pecking order. The small volumes around the spread aren't doing justice and this is a very inefficiently priced stock
(MAI) Advertising will be boosted by the push in marketing, don't be surprised if Tyrian isn't already capitalizing on this news! BUY BUY BUY anything below IPO of $L1 flat, beat the rush!
(MYT) High risk, as when things go so horribly for 1 stock, the strong-arm of the WSE usually intervene...but at $L0.01...it's not going to break the bank. Assets and management are still solid and no major shareholder activity for a month also leads me to believe that someone in the market is pulling their own painful wallet strings. I saw, play-ball!!
(RIS) Despite analysts reports, this company has a solid concept and is backed by The Rock Insurance Co. Accumulate at $L1.25 and hang on for a month...you'll see
(SLM) Possibly the most volatile of the two in the merger with (APZ) as the price has a lot of movement left before it's out of "typical trade" reach. Look out for a boom in this industry and I wouldn't be surprised if a stock buy-back was on the cards. Get in at $L0.60 and don't let it go yet!

Stay tuned...it's warming up
SW

SPECIAL REPORT

2007-10-10T16:14:00.000-07:00

...MERGER COMPLETE!?

Big news today as quiet merger talks between Cenji Neutra of Apez Corp. and Jon Desmoulins of SL Marketing exploded with announcements from both parties that the merger is complete!
First off Jon Desmoulins announced the merger to the market stating that the always "close partnership" was just taking the next steps with an integration to move forward together. "This, in turn will create a new revenue stream for both companies"
Cenji Neutra followed with similar information stating Desmoulins will be "building our promotion services from this point forward"
The merger consisted of SLM transferring 4,728,675 or 51% stake to APZ and similarly APZ transferring 403,500 equally valued company owned shares to SLM.

News of the merger pushed stocks in both companies higher with APZ leading the charge, surging 46% to stand at $L3.07 and SLM up 35% to close out at $L0.58.

Apez Corp.'s stock price has suffered since the IPO falling well below 50% of value. Some analysts including this one, felt $L6.00 was over-priced and left too much room in a volatile market for manipulation. A return to strength and a visible or well-marketed appearance will do the brand justice and could see a return to it's optimistic IPO and beyond.

SL Marketing's close ties to several of Second Life's commodity based enterprises leaves it vulnerable to losses when the market turns. It's a double edged sword as resident numbers return after summer and the general economic factors improving, SLM is positioned perfectly to leverage this upturn.

Splinkrot Writer will release her daily report later today. Please don't forget to check it out.

Logansan Oh
- CEO, Chairman - S&W Assets and Funds Management

Is SL down? Where is everyone?

2007-10-09T22:51:00.000-07:00

Quiet day but again I think it's the calm before the storm with SL Grid to come down in a few hours. Volumes in the regulars and a few brief announcements saw the following movements: (AMI6%), (BPV6%), (MFM50%), (PNK-83%)

Action Mortgage and Investment (AMI) Adonis Action announced today that a shareholder group has been created and a meeting will take place this week to discuss company matters. Investors took on around 8k in shares for the day pushing to price up to $L0.17
Black Pearl Ventures (BPV) released the financial statement for September with some promising results and a comfortable cash-flow, pushing the price up to $L0.90 before some profit taking pulled it back down on small volumes to finish at $L0.63
Midas Fund Management (MFM) Xiang Miles (9.33%) continued the buying spree today as MFM surged to $L0.09
AtomicPink (PNK) Suffered the major shareholder curse today as Paci Barbarossa's position declined to 2.25%, sending the share price to an astonishing low of $L0.02 before some savvy investors charged in for the bargains with BUY now sitting above $L0.08 without a bite

Recommendations - Mixed sentiment today but a few words of caution and some bargains still out there:

(PNK) of course, a solid company and anything under $L0.25 is a steal
(MFM) beware, without any confirmed company details from Midas Commons in some time and the WSE review in progress, I am not liking anything resembling "shady" at the moment. A BUY under $L0.05, but don't follow the major shareholders just yet
(THI) I recommended this yesterday I know, but where there's a bargain...

I will be watching closely over the next 12 hours for major activity to return. In the meantime, I have to go try and catch some CEO's
Catchya,
SW

What are you waiting for?

2007-10-08T21:51:00.000-07:00

Average volumes today and not much in the way of movements. Plenty of news around with another WSE stock being added to The Rock Insurance Co. listings of insured companies, a less-than-inspiring financial report and more importantly WSE announcing a market-wide review of companies not posting reports for the last 30 days (don't say I haven't warned you!).

Etopia Island Company (ETC) a promising SL eco-company has released their first financial report for the month of September. Over-whelming expenditures are a cause for concern as they have not been addressed. Further, Prim Chemistry (also a major shareholder in LEM) has been on a selling spree for over a week now, reducing position to 4.44%. The share price is sitting volatile on the last small trade at $L1.24.

Today we will take a look at (MFM), (RIS4%) and (LEM-34%)

Lemur Invest (LEM) run by investment guru Casper Trebuchet suffered today in-line with (ETC) as major shareholder Prim Chemistry offloaded another 3k shares on top of yesterdays big dump. The position now at 1.47%. Shares in LEM hitting a low $L0.78.
Midas Fund Management (MFM) with the thought of "fund" management giving everyone the frowns, it's not hard to see why Midas Commons and his companies are in the firing line at the moment. All news aside, (MFM) is becoming the quiet (GPB) as trading outperforms trusted equities and gains are there to be made. Still trading in the low $L0.06 to high $L0.08 after yesterdays major shareholder buy-in
SL Risk (RIS) after being listed with The Rock Insurance Co. major shareholder activity in the BUY direction pushed Travis Ristow's position to a massive 4.57%. (RIS) is sitting precariously under the IPO price of $L1.00

Recommendations - Easy to pick these, but I suggest some due diligence as WSE announcement (see above) will put the cat amongst the pigeons.

(LEM) We will be chasing Prim Chemistry for a statement, so I give this a cautious BUY @ $L0.80 based on CEO confidence and company performance.
(MFM) With major shareholder confidence and investment in MDC and MFM, something looks shiny over in the Midas lands again...another cautious BUY, but with big volumes on 1 to 2 linden cent movements, this is a little easier to swap than GPB's.
(RIS) A long-buy under $L1.00 as confidence returns. Stay tuned as we seek info on the performance of slrisk.com 's services
(THI) Listed with The Rock Insurance Co., solid BUY recommendations from Logansan Oh and let's face it, solid outlook for the SL Escrow and the possible return to profitable and legal "gaming", a sure-fire bet for BUY below previous highs of $L1.20

See you all tomorrow,
SW

WSE 4.0h! - Part 2

2007-10-08T06:14:00.000-07:00

I know this is a week late, but there is more coming and I didn't want to go into details on the release if there was to be short-term retro-fits or last-minute change requests and hot-fixes.

But I have spoken to LukeConnell and he is currently working on the new features, so I think I am safe for a few days...

So, let's take a look at the new functionality:
From the outside looking in - As a guest, you will notice the two previous changes for the start of WSE 4.0 straight away, EVENTS tab on the main navigation bar and WSE STORE on the top Link bar. These are pretty self explanatory but events leads into another feature I will explain later.
One of the biggest changes undergone at the World Stock Exchange is how IPO's are released. All Initial Public Offerings will be placed in visible application before they are approved, in order for the market to rate them. If you click through to view the applications you will notice the Star system being used for the Market Rating next to each application. Users, once logged in will be able to select a rating and have it recorded against the IPO. There are alsready over 25 applications with hundreds of votes...looks like a lot of interest here. Top marks!

Another newie for the newbies - This time in RESEARCH. Here is where things have gotten a lot cooler.
Instead of a list of the companies and their profile page linked, you now have 3 new options in order to find the company you are looking for.
Firstly, "Search by Name" will allow you to quickly go directly to the desired companies main page.
Secondly, "Search by Sector" will narrow down the search by the type of functions the company performs or simply, what the company does.
And lastly, you can choose to search by Analysts. More on this next.
Also on this page is a list of companies who have recently posted announcements, so you can keep up with new developments. You can also see recent analysts reports.

So, all this talk about analysts, let's go log in and take a closer look.
Once you have logged in you will notice a new option from the right hand navigation bar called Analyst Tools and if you click here you will be greeted with a nice error message stating that "You have not yet applied to become an analyst" You then have the option of Applying and entering details about yourself and submitting you application to the WSE for approval.
After approval (well, someone must be frequenting this site, because I was approved pretty quick!) you will have the option to View your profile, edit your profile and post reports.

Reports are a much needed addition to the WSE. The ability for biased and unbiased (which will be visible now) information to be freely available to the market will help this economy and it's companies and shareholders mature much faster. Although there are only a few reports out at the moment (trust me, I don't want to just give out pretty flyers and say BUY! SELL! ROLL-OVER! I'm working on it...) expect detailed reports on every stock to emerge in the coming weeks.

So, head on over and explore the new functions (I'm sure you already have) and keep you eye out for a really solid analyst with detailed, unbiased and easy to understand reports... ;)

Happy trading,
Logansan Oh
- CEO, Chairman - SW Assets and Funds Management

Confidence returning

2007-10-07T21:43:00.000-07:00

Volumes started to creep back up again today as ATM issues and SL lag/performance improved. This was definitely boosted by one particular stock buy up.
Today’s movers and shakers: (BMC11%), (KJL-8%), (MFM125%), (PNK-54%), (RDX11%)

Blumont Capital Ltd (BMC) helped on by positive news of expansion plans and dividend post, investors jumped in on this low priced gem pushing value up to $L0.21.
Kejo Merlin Land Group (KJL) has been performing solidly, helped on by announcing a new SIM purchase hitting a daily high of $L1.19 and finished the day with some profit taking at $L1.09
Midas Fund Management (MFM) Heavily traded today with major shareholder Xiang Miles increasing holdings to 9.03%. Over 0.5M shares changed hands in the 24hrs and the lows of $L0.03 and $L0.04 look to be over as it closed at $L0.12
AtomicPink (PNK) run by in-world-guru Mitzy Maltz, saw a massive plunge today as a new major shareholder took on 1.68% position in the designer. Taking advantage of recent low volumes and overlooked by traders, this bargain buy could start the price on the road to recovery
Redux Technologies (RDX) Development conglomerate with and enormous market cap., has been recently suffering a major shareholder sell-out with Talal Wade reducing his position to 3.20%. (Some 40k shares today) Didn’t do the price too much damage as the reputation of this company is strong

Recommendations - Several today as general investor sentiment is positive and prices have not corrected across the board just yet:

(APZ) Horribly under priced since IPO after a major shareholder (not affiliated and I am still investigating this deliberate loss) dumped and caused third party jitters. Currently at $L2.03, my bet is this is a never-say-die stock with a hold value well above $L7.00
(HCB) Surprisingly still sitting around the IPO price of $L100.00, anything below this is a bargain based on it’s position with WSE. Expectations are high for solid interest payments on this bond due to OurBank Ltd. Backing.
(GAL) Although suffering from post-gambling-woes, GAL has certainly shown it's a well-backed and strong company. Anything under $L0.60 will get returns.
(GPB) An unbelievable amount of SLer's coming back from summer holidays and just now finding out about their "Bank” balance. Obviously to be told that it is now a tradable equity and not cash, and if you want to get any of it back you need to sell at 8% of it's original value...they are doing just that. I don't care what anyone says, this is; a bargain under $L0.25, a long-buy and with the imminent dividend/bond-interest and financial statements issued…just too good to pass up
(RDX) With a major shareholder dropping large volumes onto the market floor, anyone with half a mind (and some basic knowledge that this company is doing extremely well) will be bending down to pick up these shiny pieces of gold

Confidence is definitely returning,

News News News

2007-10-07T01:48:00.000-07:00

Plenty of commotion in the markets today with a trading halt on a strong stock, merger talks and solid volumes.

I have had to hold off the report today due to these developments unfolding in-game.
Trouble Maker Approved (TMA) a solid holding and long-standing SL coder/developer has had a trading halt in place for over 24hrs. With the price swelling over the last week, it came as a surprise. The WSE has just issued an update citing RL difficulties regarding shareholder information. We have tried to contact other members associated TMA to no avail, but we will keep you posted as more news becomes available.

SL Marketing has posted a "Resolution" involving a shareholder vote for a possible merger. No news on "who" the merger is with...I'm sure it's exciting?

Also making waves is the in-world problems with ATM's. The WSE stated that lag and grid performance were causing the problems. Investor sentiment was cautious and after a strong end to yesterday, volumes were at their lowest since the upgrade.

The show goes on with movements last nite and this morning from (SUN-86%), (SLW230%), (LGO305%), (APZ31%)

Apez Corp. (APZ) banking stock which has struggled since it's IPO to even hold on to 20% of it's listed value has been steadily climbing and has crept to just under the 50% of IPO price at $L2.99
Sun Media Consultants (SUN) moving for the second time this week and this time way down! With a 30 day high of $L0.50 and low of $L0.01, seeing SUN hit $L0.06 isn't surprising.
SLWizard (SLW) slipping to a terrible low of $L0.30 but with only 123 shares, not showing true pricing. Finishing up the days trade back to below IPO at $L0.99

Recommendations - Plenty of action earlier and as ATM issues are remedied volumes should return. Should be some bargains:

(HCL) I know this is a daily recommendation, but there is nothing stopping Hope Capital Ltd from doubling in the following weeks. Pick them up at $L0.80 at the moment.
(AMS) you may be interested in small volumes with 35% movements. Get in at $L0.15.

More tomorrow,
SW

It's a brave new world

2007-10-05T07:01:00.000-07:00

I don't know exactly what I mean by the title, could be something to do with a general positive, warm-fuzzy feeling. The market saw some MASSIVE volumes today including an enormous 3rd party buy of 0.5M in 1 hit...(bet you can't guess)
Movements today included (MDC18%), (MPM-25%), (LGO25%), (GPB17%), (HCL5%)

Midas Development Company (MDC) Troubled Midas Commons' flagship on the WSE (there is also MGB MFM and MPM) suffered with a few low trades of mid $L1.50's to finish with a strong 10k swap out at $L2.01, pushing the price up 18%. Closing on a high at $L2.04.
Midas Property & Mortgage (MPM) Also suffered today from a massive dump whilst sitting on a high of $L0.04. Closed on a low $L0.03.
Logo Coding (LGO) after a slip last week went unnoticed and sluggishness this week, modest volumes pushed the price back to well above $L0.55
Ginko Perpetual Bonds (GPB) after a massive dump yesterday crashing to a low $L0.06, this heavily traded stock saw rallies today taking it to a high of $L0.08 before some profit taking leaving it with a close of mid $L0.07. My predictions (luckily) of a further fall were short-lived.
Hope Capital Ltd (HCL) I wasn't going to mention...bah, a third party today followed Erik and Caspers lead and hoarded in almost 0.5M shares in the most visible stock on the market. Not surprisingly the price has solidified at a 2 week high and doesn't show any signs of slowing.

Recommendations - A good day to start your portfolio, and also a good day to clean out some dead wood:

(GPB) If you can get in at a low $L0.07 or even some $L0.06's, there is still some room for a quick-buck (did I just say that? naughty)
(HCL) if you can beat the major shareholders to the punch, get in @ $L0.50 or less!!
(MDC) Sell. With Midas Bank in trouble and Midas Commons not releasing a single annoucement for any of his equities to the WSE in last month, it does not look promising...but at this surprising high and a major shareholder bailing on some high volumes late, could be a good time to follow the lead.

See you soon,

Im here

2007-10-05T06:49:00.000-07:00

Sorry it has been a couple of days, but things are generally hectic at the moment and I am trying to do 20 million things. (anyone want a job... or 50?)

I don't have time for a huge report or a lesson today but I have released my second and more in-depth report on HCL. You can find it at the WSE here. Oh...so on big news; I am now a listed analyst on WSE. (take that Splinkrot!) but I will be taking a lot of advice from those close to me in the know.

I promise I will post again tomorrow (yes, I did just make a promise and I'm going to get punished if I don't keep it)

Until then,
Logansan Oh
- CEO, Chairman

Action begins to return

2007-10-04T18:52:00.000-07:00

The market was mild today with popular stocks performing unevenly, giving the market as a whole a flat feel. Movements of note; (AMS64%), (HCL-4%), an early rally saw (MAI25%), a late rally for this newcomer up (PFW26%) and (SNE-11%). Quiet until now, (SUN97%)!

A.M. Sports Best (AMS) jumped to an old high of $L0.23 with some modest volumes. Hanging around this new price obviously sparked a trading frenzy. I would steer clear until the dusts settles.

Parks Fireworks (PFW) boosted by a late rally ended at $L1.30. Plenty of action around the spread with 50k of shares split in the $L0.27 margin. The movements looked like profit swaps between major shareholders with 20k transfered from Garth Fairchang(4.52%) to Investor Merlin(6.23%) Solid.

Sarah Nerd Estate Holdings (SNE) With Tyrian Camilo(1.35%) selling off 48k late to some lucky investors, showed what can happen if one of the "Big 5" slip down the shareholder list. Plenty of traders around this bargain.

Sun Media Consultants (SUN) a consultancy firm with RL connections, is back in the picture with major shareholders going on a buying spree pushing SUN up to almost a long-term high at $L0.5. This takes Bruce Norse' holdings to a whopping 8.17% and climbing...

Recommendations - A last minute splash of 1.2M of Ginko Perpetual Bonds (GPB) hitting a low $L0.06, its lowest for a few weeks leads me to believe the price could still come down. Keep your eye on it:

(SNE) is definitely a BUY at < $L0.65, watch this one soar on the back of good news from Sarah Nerd

(HCL) is still a BUY in my books under $L0.60

Till tomorrow,
SW