Li Ka Shing is wrong

Here’s what Li Ka Shing said in his press conference yesterday.

“Hong Kong’s richest man signaled that the property rebound that’s been pushing up prices in the world’s most expensive housing market could persist for as long as two years as growing demand outweighs government curbs.

“I cannot see how property prices would fall in the coming one to two years,” Li Ka-shing, the 88-year-old head of Cheung Kong Property Holdings Ltd. and CK Hutchison Holdings Ltd., said during his annual earnings press conference on Wednesday. “The force from buyers is very strong.””

However, interest rate rise will dampen demand and throw a spanner in his prediction.

March 23, 2017 at 4:18 pm Leave a comment

Justin Trudeau bazi analysis

I used Justin Trudeau birthtime from astrochart(provided that it is accurate). Here is his bazi

辛亥    庚子    甲申(日主)    乙亥

大运 己亥  戊戌  丁酉  丙申  乙未  甲午  癸巳  壬辰   
1977 1987 1997 2007 2017 2027 2037 2047

甲生子月,又有双亥为根,身强无疑,用杀喜财印,大运一路金水土,仕途扶摇直上,年纪轻轻坐总理(2015年)。丙申运,丙辛合化水,乙未年,乙庚合化金,都是喜用。真正考验在甲午运。

February 16, 2017 at 10:33 pm Leave a comment

Some informal indicators of an impending bear market

1. When the edge magazine and share investor singapore gets snapped up fast in the libraries.

2. When newbies forummers appear on valuebuddies asking noob questions.

3. When relatives begin to ask you for stock tips

4. When analysts say buy even when they state that valuations are high.

February 13, 2017 at 4:15 pm Leave a comment

Chew’s group dual share plan worrying

Hands up those who doesn’t read through constitution amendments circular put out for egm resolution.

Thanks to the dilligence of a corporate governance expert Prof Mak Yuen Teen, Chew’s group was caught jumping the gun by introducing dual class shares in its constitution amendment. Imagine if nobody notice and the EGM resolution is passed, shareholder’s interest will be seriously affected.

I am against dual class shares. I urge SGX to reconsider introducing dual class shares. SGX ‘s argument of independent directors ability to watch out for the rights of minority shareholders is being severly tested in this case. Chew’s group independent directors and also the catalist sponsor has failed their fiduciary duty to restrain the management from doing things that hurt minority shareholders interest.Surely someone should be punished to send a right message to take their fiduciary duty seriously.

January 24, 2017 at 4:15 pm Leave a comment

Will Singapore get Terrex back in 2017?

Singapore government has decide to go on a legal warpath with Hong Kong (proxy of China) to get back Terrex vehicles still stuck there. Whether it is a wise decision can only be known as time passes by.

From a bazi perspective, is it possible to predict the outcome.

Note: This is a purely academic exercise of the mind and not to cast aspersions on any person.

Since PM Lee is the head of Singapore, his luck partly correlates with the luck of Singapore.

His incomplete bazi is

壬壬丙(日)
辰寅戌

大运:8岁18岁28岁38岁48岁58岁68岁
癸 甲 乙 丙 丁 戊 己
卯 辰 巳 午 未 申 酉

In November 1992, PM Lee was diagnosed with cancer and underwent chemotherapy but he recovered later.
Novemeber 1992 is 壬申年,辛亥月, 申冲寅,七杀旺攻身。 寅为用神, 化杀为权,还有食神制杀,贵。大运走丙运,木火土为用,逢凶化吉。

去年,2016年,大运走申运,流年也是申。两申冲寅,身体有恙。财能坏印,生杀克身,为忌,遇到倒霉事如TPP不通过,兄妹不和,与中国关系转差。

2017年,丁酉年形成三会金局,不利。幸好,上半年,木火旺,没事。如要拿回Terrex,上半年是最佳时机。拖旧恐生变。

时也,运也,命也。时来天地皆同力,运去英雄不自由。

Disclaimer: This is purely based on imcomplete bazi, so analysis may be wrong.

January 12, 2017 at 4:05 pm Leave a comment

2017 start of US bear market

Trees don’t grow to the sky, so do US stock market. Donald trump will disappoint market players.

January 1, 2017 at 5:31 pm Leave a comment

Fed just miss the best chance for a rate hike

As expected, Fed decided to stay put. A wrong decision as Donald trump will win the presidential election in Nov 2016 and thus put to rest any hopes of raising rates this year. As for next year, if Donald trump get his wishlist of firing Yellen, expect more turmoil. Fasten your seatbelts, we are in for a rough ride.

September 22, 2016 at 4:02 pm Leave a comment

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