Hot Penny Stocks

S’pore’s richest keep getting richer
 
The latest list of Forbes wealthiest individuals and families in Singapore indicated that the top 40 richest Singaporeans are now worth US$45.7 billion (S$62 billion), up 17 percent from US$39 billion in 2009. The list is made up of popular entrepreneurs, business leaders and philanthropists.
 
In the number one spot again this [...]

Rule #1: Latour and Lafite-Rothschild Are Not the Only Worthy Wines
Relative to all wine that exists, only an exceedingly limited number of wines are considered investment-worthy.
And that universe largely spins around the very top end of the Bordeaux market.
Atop the list are the five Premier Cru (first growth wines) that always have big demand globally: [...]

Las Vegas Sands tops estimates as Asia outperforms
Adjusted EPS 17 cents vs estimate 9 cents
* Revenue up nearly 51 pct
* To amend $5 billion US credit facility
* Shares up 2.3 percent
By Deena Beasley
LOS ANGELES, July 28 – Las Vegas Sands Corp <LVS.N>, the casino operator run by billionaire Sheldon Adelson, posted a better-than-expected quarterly profit [...]

Visitors at Shanghai World Expo get a taste of Singapore cuisine
Visitors at Shanghai World Expo get a taste of Singapore cuisine
 
SHANGHAI : Visitors at the World Expo in Shanghai got a taste of Singapore cuisine at the Singapore Pavilion on Friday.
Curry chicken, mee sua, carrot cake, fried prawn rolls, yam paste, egg tarts and fried [...]

Is Gold Really in a Bubble?
But hang on. The average property price has increased three or four time in the past ten years. Yet for ‘fundamental reasons,’ he doesn’t believe that there’s a property bubble.
In his report, Robertson suggests that most gold buyers purchase the ‘pretty rock’ as a hedge against inflation. Yet, he doesn’t [...]

Safe Haven Shines Light Brightly
Gold is regarded by many as a safe haven when the going in the world gets tough.  It can be a brightly shining lighthouse.  Let’s look at the chart:

click to enlarge
Gold is one of the few charts that show a bullish five wave pattern at the moment – with maybe 7% [...]

singapore stock market ,singapore stock market news,austraklia stock market ,australia stock market news
ADB asks Sri Lanka to reduce size of budget
The Asian Development Bank on Friday asked Sri Lanka to prune the size of its budget to sustain economic stability as the island emerges from decades of ethnic conflict.
The Manila-based bank’s President Haruhiko Kuroda said [...]

The 588 million dollar Indian offering of Standard Chartered Bank was more than twice oversubscribed by its close Friday, as bids from investors came in just hours before the deadline.
The issue, which opened on Tuesday despite volatile global market conditions, is being viewed by bankers as a success, with investors confident of the bank’s growth [...]

Singapore ranks as world’s 17th most expensive location for retail rents
 
singapore stock market , singapore market news
Singapore has climbed up one spot in the latest survey conducted by CB Richard Ellis for the world’s most expensive retail locations.
CBRE’s Global MarketView report on the retail sector showed that prime retail rents in the country ranked [...]

Advanced Trading
We left off our story in Issue 359 with Santos (STO:ASX) breaking a triple bottom on the fourth attempt. We were stopped out of our short position, but I suggested that it was a time to be cautious before going long. There were both price and time reasons for this. What did the market [...]