Friday, May 26, 2006

Great Singapore Sale

Yes its here, and this year's Great Singapore Sale is not only in Shopping Malls in Orchard Road!!! It is also happening in the SGX building in Shenton Way!!!

You can get 10-30% discount for most stocks (compare to the price before May 12 - the start of the big crash).

Some of the stocks that you might want to look at.

Capitaland - You have missed the great chance to purchase at its low of this week at $4.14 a 18.8% discount from its high of $5.10. But now there is still a discount of 12.2% discount at 4.48

ChinaMilk - Weird that despite its recent quarterly result release that announced a 26.8% increase in profit after tax, it went downhill with current price only at $1.07. I recall it was once $1.50+ at its peak. Of course, there was a lot of speculation then. However, removing the speculation factor aside, we should really think if this stock is a good buy now.

I would look at the fundamentals of the company soon, probably this weekend, cause this Great Singapore Sale have nop specific ending date and might just ends on Monday!!!!

Any stocks you wish to buy in the past but was just too high then? Now its a great time!!! If you have some stocks you think are great, please bring it to attention in this blog (wasn't thats suppose to be). Please share what you have research on the stocks as well, or if you dunno how, anyone here could give it a try, so just feel free to ask.


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