Meet Carly Rose Sonenclar - Girl with An Amazing Voice

Okay, this is sort of dated but I just discovered this youtube video of Carly Rose Sonenclar's audition at the US X Factor 2012 Auditions.  For a 13 year old girl, I can only say that she is incredibly talented and has an amazing voice.  Of course, the folks over at UK will probably still think that James Arthur is the best. =)

Citigroup Target Price

Bought Citigroup some time back and with the recent bullish run in the stock market, I am just re-visiting this stock to see whether it is time to unload it off my portfolio.Citigroup was previously trading at less than US$4 during the financial crisis.  There was a subsequent 10:1 stock consolidation which explains the high price now.  

The charts look bullish with the price being above the 200-day moving average line.  I am not good at technical analysis but it seems that the trend is still bullish.  

My target price for Citigroup is US$48.00.  Vested interest.

3 Stocks on My Watchlist

With the STI trading near 15 Price-Earnings ratio, one really has to be nimble and keep a lookout for good quality stocks that are undervalued.  And that is a difficult task given that many of the stocks are already trading at their 52 week highs.  Nevertheless, here are 3 stocks that are currently on my watchlist.

1.  Saizen REIT (Listed on Singapore Stock Exchange)

Saizen REIT has been slowly rising.  It just declared a healthy half-yearly distribution of 0.66 Singapore cents which makes its yield slightly below 7%.  Of course, there is the currency risk of the Japanese Yen being further devalued with the current Government's stance to make their exports more competitive.  Nevertheless, I have vested interest in this stock. Saizen last closed at S$0.19.




2.  Global Premium Hotels (Listed on Singapore Stock Exchange)

Global Premium Hotels just had its initial public offering at S$0.26.  The stock price has been fluctuating below its IPO price for the past few weeks but has recently risen above its IPO price.  Certain analysts have a price target of S$0.30 for this stock. They expect the Fragrance hotels to continue to do well given its market share and experience in the business.  Of course, billionaire Koh Wee Meng has been buying his own shares too, showing that he is confident in the company.  I am not currently vested in this stock.

3.  Nam Cheong (Listed on Singapore Stock Exchange)

I have bought into Nam Cheong at 26 Singapore cents.  My gut feel is that Nam Cheong is poised to break out.  But I could of course be wrong given my very bad sense of market timing.  Have taken a small position in this stock and well sell it once the price is right.  Nam Cheong's business is doing well.  They sold 21 ships in the year 2012 and have just issued equity to continue to expand their business.

Fail - Are Your Ready for BN? No!

In a recent BN rally, PM Najib psychs the crowd up who are there to watch Psy perform Gangnam Style. He asks the crowd whether they are ready to watch Psy and there is an overwhelming "Yes!".  But when he asks the crowd whether they are ready for Barisan National (BN) for the upcoming election, he doesn't quite get the answer he was expecting. Watch to see what happens.

Pope Benedict XVI To Resign on 28 Feb, Cites Health

Pope Benedict XVI (age 85) has announced that he will be resigning on 28 Feb as leader of the world's Catholics.  He will be the first pontiff to resign in nearly 600 years.  Making his announcement in Latin during a meeting of Vatican cardinals, he cited ill health stating that carrying out the duties of the pope required "both strength of mind and body".

The pope was number #5 in Forbes most powerful people list for 2012.  His sudden announcement is almost certain to plunge the entire Catholic world into a crazed speculation on who will most likely be the next pope to succeed him.

James Arthur Rendition of Tulisa's Young - X Factor UK 2012 Audition

James Arthur is the winner of X Factor UK 2012.  This is a video of this audition song where he sang an acoustic version of Tulisa's Young.  In my opinion, his acoustic/rap version is much better than the original version.  (Check out other top ten X Factor audition videos here)

Mentored under Nicole Sherzinger, James Arthur made it against the odds to emerge the winner. During the show, he lost his girlfriend but is now rumoured to be dating Caroline Flack (X Factor host).

If you love this acoustic version of the song, check out this acoustic version of Gangnam Style too.

Nam Cheong - Poised to Breakout?

Have been liquidating many of my stocks and entered into short term trading positions. Nam Cheong is one of those stocks that I entered into. I have a target price of 30 cents for this stock.

From a TA point of view,  the stock also looks like it can move higher. Nam Cheong last closed at 25 cents..  Its IPO price was 21 cents.

Nam Cheong has seen its orders rising and prides itself as the leading builder in Malaysia of OSVs.