Thursday, May 07, 2009
9:56 am - Gold Conference - This Sunday May 10, 2009
Dear Traders,
Attached is my latest article on commodities from Malaysian Business. It supports the bullish case for gold, the Australian Dollar and commodities.
Due to the emotions and greed stirred up the emerging commodity bull, I have added a new topic to our gold conference to be held on Sunday May 10 at the Armada, PJ. at 2 PM. (thank you for all who have registered- we are filling fast- come early to get a seat)
The topic is gold scams- including the Cash for Gold Scam, the E Gold scam, the dirt pile scam, the fake gold bar scam and the Nigerian Gold Scam.
If you wish to buy or sell gold you should attend this event- it could save you from financial ruin. The con men are out in force.
Have a good day
Bill
Attached is my latest article on commodities from Malaysian Business. It supports the bullish case for gold, the Australian Dollar and commodities.
Due to the emotions and greed stirred up the emerging commodity bull, I have added a new topic to our gold conference to be held on Sunday May 10 at the Armada, PJ. at 2 PM. (thank you for all who have registered- we are filling fast- come early to get a seat)
The topic is gold scams- including the Cash for Gold Scam, the E Gold scam, the dirt pile scam, the fake gold bar scam and the Nigerian Gold Scam.
If you wish to buy or sell gold you should attend this event- it could save you from financial ruin. The con men are out in force.
Have a good day
Bill
Wednesday, May 06, 2009
3:08 pm - FKLI gap up to wash all the short sellers and long buyers before heading higher !
FKLI broken 1020 resistance level !
Tuesday, May 05, 2009
7:51 pm - Market Report by Bill Wermine
Dear Traders,
Warren Buffet made an insightful statement in a CNBC interview about the financial crises. He compared it to the Hawaii Pearl Harbor attack by the Japanese which killed several thousand Americans and sunk several battle ships. This was similar to the October 2008 Lehman collapse which almost froze the world financial system. The Lehman financial shock according to Buffet is the catalist for recovery just like Pearl Harbor being the catalist for America to consolidate their forces and defeat the Japanese.
In the meantime, you need to have an exposure to gold.
On Sunday 10 May- Mothers Day- we are holding our gold conference at Armada Hotel from 2 to 5 PM. Cover charge RM 25, pay at the door. Please let me know if you wish to attend.
This time we will have a Gold Fund Manager present his outlook and strategy for gold and commodities. I have arranged for one of our staff to escort this man as he is coming from Singapore. I promised that a gold Fund Manager would present at our traders club last week. He did not show up and his excuse was he could not find the venue.
That was a lame excuse. It would be like a local not knowing where is the KLCC Towers or a New Yorker not knowing the location of the statue of Liberty.
Martin will present his Gold Timing Technical system with backtest results. This will help if you to time futures gold, a gold ETF or a gold unit trust.
A gold shop dealer will man a table outside if you wish to buy a gold bar or chain for your mother
I will play Kiyosaki / Jim Rogers video clips which explains how the US government are debasing the US Dollar and why you need an exposure to gold and commodities. Gold is the only real money.
For Man AUD diversified account holders we are now on the right side of the trade.
On the attached chart, the AUD has broken out from a 7 month congestion and closed last night at 7305 to the US dollar.
Demand is coming in and if you believe Warren Buffet- recovery is slowly taking hold. This will push the AUD to the next target of 8000- a 12 % boost to our Man investments not counting performance of the fund itself.
I know it has been painful waiting but I congratulate those who kept the faith and did not lose your objectivity.
Some of you were worried that the Australian banks/ would collapse and you would lose your capital guarantee.
I am under the understanding that the Aussie Banks are more prudent and more regulated than the US banks and have only a minimal exposure to toxic assets. The US banks have been pulled down because of massive fraud, corruption, cronyism with cover from the crooked politicians - the foundation set by George Bush and his band of robbers.
However; when emotions come into play- logic and commen sense goes out the window.
Below are the facts which fly in the face of emotion. This report is a fact.
Here is a report from Reserve Bank of Australia who underwrites our capital guarantee: 4 Australia banks are rated in the top 50 of world banks. Only 1 bank in the US is in the top 50. NAB is our underwriter and NAB is rated 11 in the world out of thousands of banks.
Australia
National Australia Bank (#11 Worldwide)Banking Industry as of 3/09Size of Banking Industry: $2,674 billion AUKey interest rate: 3.25%Number of commercial banks: 15Other Banks in Top 50Commonwealth Bank of Australia Australia & New Zealand Banking Group Westpac Banking Corporation Down under, the safest bank on the rankings is the National Bank of Australia, with a market cap of 34.28 billion AU. Three other banks in the country also make the list.Source: Reserve Bank of Australia
The KLSE is recovering and look for a target of 1050 in days ahead. For managed accounts our quality share portfolio with dividends have protected us and I will continue to persue this strategy.
We bought some more Pet Dag shares last week at 7.70. It has a beautiful chart which shows a gradual up trend and a target of 10.10. Risk is 6.60.
The 6.2% Pet Dag dividend is supported by their free cash flow and strong balance sheet reflecting increased sales and earnings. (even in 2008)
I have always liked PetDag. They are expanding their mini marts and business clusters around their stations which increase their cash flow. PetDag also has very clean toilets and well trained staff compared to some petrol operators.
They have also expansion plans for more stations in strategic locations.
Have a good week
Bill
Warren Buffet made an insightful statement in a CNBC interview about the financial crises. He compared it to the Hawaii Pearl Harbor attack by the Japanese which killed several thousand Americans and sunk several battle ships. This was similar to the October 2008 Lehman collapse which almost froze the world financial system. The Lehman financial shock according to Buffet is the catalist for recovery just like Pearl Harbor being the catalist for America to consolidate their forces and defeat the Japanese.
In the meantime, you need to have an exposure to gold.
On Sunday 10 May- Mothers Day- we are holding our gold conference at Armada Hotel from 2 to 5 PM. Cover charge RM 25, pay at the door. Please let me know if you wish to attend.
This time we will have a Gold Fund Manager present his outlook and strategy for gold and commodities. I have arranged for one of our staff to escort this man as he is coming from Singapore. I promised that a gold Fund Manager would present at our traders club last week. He did not show up and his excuse was he could not find the venue.
That was a lame excuse. It would be like a local not knowing where is the KLCC Towers or a New Yorker not knowing the location of the statue of Liberty.
Martin will present his Gold Timing Technical system with backtest results. This will help if you to time futures gold, a gold ETF or a gold unit trust.
A gold shop dealer will man a table outside if you wish to buy a gold bar or chain for your mother
I will play Kiyosaki / Jim Rogers video clips which explains how the US government are debasing the US Dollar and why you need an exposure to gold and commodities. Gold is the only real money.
For Man AUD diversified account holders we are now on the right side of the trade.
On the attached chart, the AUD has broken out from a 7 month congestion and closed last night at 7305 to the US dollar.
Demand is coming in and if you believe Warren Buffet- recovery is slowly taking hold. This will push the AUD to the next target of 8000- a 12 % boost to our Man investments not counting performance of the fund itself.
I know it has been painful waiting but I congratulate those who kept the faith and did not lose your objectivity.
Some of you were worried that the Australian banks/ would collapse and you would lose your capital guarantee.
I am under the understanding that the Aussie Banks are more prudent and more regulated than the US banks and have only a minimal exposure to toxic assets. The US banks have been pulled down because of massive fraud, corruption, cronyism with cover from the crooked politicians - the foundation set by George Bush and his band of robbers.
However; when emotions come into play- logic and commen sense goes out the window.
Below are the facts which fly in the face of emotion. This report is a fact.
Here is a report from Reserve Bank of Australia who underwrites our capital guarantee: 4 Australia banks are rated in the top 50 of world banks. Only 1 bank in the US is in the top 50. NAB is our underwriter and NAB is rated 11 in the world out of thousands of banks.
Australia
National Australia Bank (#11 Worldwide)Banking Industry as of 3/09Size of Banking Industry: $2,674 billion AUKey interest rate: 3.25%Number of commercial banks: 15Other Banks in Top 50Commonwealth Bank of Australia Australia & New Zealand Banking Group Westpac Banking Corporation Down under, the safest bank on the rankings is the National Bank of Australia, with a market cap of 34.28 billion AU. Three other banks in the country also make the list.Source: Reserve Bank of Australia
The KLSE is recovering and look for a target of 1050 in days ahead. For managed accounts our quality share portfolio with dividends have protected us and I will continue to persue this strategy.
We bought some more Pet Dag shares last week at 7.70. It has a beautiful chart which shows a gradual up trend and a target of 10.10. Risk is 6.60.
The 6.2% Pet Dag dividend is supported by their free cash flow and strong balance sheet reflecting increased sales and earnings. (even in 2008)
I have always liked PetDag. They are expanding their mini marts and business clusters around their stations which increase their cash flow. PetDag also has very clean toilets and well trained staff compared to some petrol operators.
They have also expansion plans for more stations in strategic locations.
Have a good week
Bill
9:52 am - FKLI is facing resistance at 1018/1020 level.
Shud it break this level, we wud see it to test 1029/1031 level.
Monday, May 04, 2009
Friday, May 01, 2009
7:39 am - US DJIA overnite report
By Geoffrey Rogow Of DOW JONES NEWSWIRES
Reports on earnings and employment helped fueled a rally for materials and consumer stocks Thursday, suchas Dow Chemical and Kellogg, though a pullback for energy behemoths had stocks closing slightly lowerThursday.For the session, the Dow Jones Industrial Average declined 17.61 points, or 0.22%, to 8168.12. Pacingthe decline was a wave of selling in the energy sector, including Exxon Mobil, off 1.77, or 2.6%, at66.67. In addition, Noble Energy slid 3.52, or 5.8%, to 56.75, as the oil and gas producer swung to afirst-quarter loss on $291 million in unrealized hedging write-downs.
In a volatile session that saw a consumer-led rally help push the Dow Jones Industrial Average up morethan 100 points early, much of an afternoon slide began after President Barack Obama said Chrysler LLCwill file for Chapter 11 bankruptcy protection. While the move was expected, trading desks noted it provideda reminder that economically sensitive companies remain on weak footing, even after many have paced amore than month-long surge for the market.Still, the Dow closed up 9% for the month.
In other indexes, the Standard & Poor's 500 lost 0.83 point,or 0.10%, to 872.81, Thursday, but closed up 11% for April, while the Nasdaq Composite Thursday gained5.36, or 0.31%, to 1717.30 and finished April up 14%.
The tone on the day's trading, and for much of the past few weeks, continued to revolve around the waveof first-quarter earnings reports. Though few quarterly reports have shown a surge in corporate growth,investors are increasingly optimistic on what companies have done recently to combat the recession."The timeline of analysis has shifted from a couple days to a couple weeks and even months," said StephenLieber, chief investment officer for the Alpine Dynamic Balance Fund.
"This is an adjustment period andwe're realizing that, if you went back to early March, companies were just being given away if you assumednormalized earnings for the last five years."Among the leading gainers, Dow Chemical tacked on 2.49, or 18%, to 16, as it posted a small but unexpectedfirst-quarter profit; cost cutting and a steep drop in feedstock prices helped it offset slumping demandfor chemicals.Consumer companies were also at the heart of any gains Thursday. Aside from earnings, a report from theU.S. Labor Department showed initial claims for state jobless benefits sank last week.Kellogg was particularly strong as its first-quarter net income edged up 1.3% on the strength of its NorthAmerican sales as the packaged-food company's earnings beat Wall Street expectations.
Kellogg closedup 2.61, or 6.6%, at 42.11. Meanwhile, Starbucks gained 77 cents, or 5.6%, to 14.46, on Nasdaq, afterposting a decline in fiscal second-quarter net income, but saying it topped its cost-cutting target forthe quarter and began to see benefits from its turnaround efforts. -By Geoffrey Rogow, Dow Jones Newswires;
Reports on earnings and employment helped fueled a rally for materials and consumer stocks Thursday, suchas Dow Chemical and Kellogg, though a pullback for energy behemoths had stocks closing slightly lowerThursday.For the session, the Dow Jones Industrial Average declined 17.61 points, or 0.22%, to 8168.12. Pacingthe decline was a wave of selling in the energy sector, including Exxon Mobil, off 1.77, or 2.6%, at66.67. In addition, Noble Energy slid 3.52, or 5.8%, to 56.75, as the oil and gas producer swung to afirst-quarter loss on $291 million in unrealized hedging write-downs.
In a volatile session that saw a consumer-led rally help push the Dow Jones Industrial Average up morethan 100 points early, much of an afternoon slide began after President Barack Obama said Chrysler LLCwill file for Chapter 11 bankruptcy protection. While the move was expected, trading desks noted it provideda reminder that economically sensitive companies remain on weak footing, even after many have paced amore than month-long surge for the market.Still, the Dow closed up 9% for the month.
In other indexes, the Standard & Poor's 500 lost 0.83 point,or 0.10%, to 872.81, Thursday, but closed up 11% for April, while the Nasdaq Composite Thursday gained5.36, or 0.31%, to 1717.30 and finished April up 14%.
The tone on the day's trading, and for much of the past few weeks, continued to revolve around the waveof first-quarter earnings reports. Though few quarterly reports have shown a surge in corporate growth,investors are increasingly optimistic on what companies have done recently to combat the recession."The timeline of analysis has shifted from a couple days to a couple weeks and even months," said StephenLieber, chief investment officer for the Alpine Dynamic Balance Fund.
"This is an adjustment period andwe're realizing that, if you went back to early March, companies were just being given away if you assumednormalized earnings for the last five years."Among the leading gainers, Dow Chemical tacked on 2.49, or 18%, to 16, as it posted a small but unexpectedfirst-quarter profit; cost cutting and a steep drop in feedstock prices helped it offset slumping demandfor chemicals.Consumer companies were also at the heart of any gains Thursday. Aside from earnings, a report from theU.S. Labor Department showed initial claims for state jobless benefits sank last week.Kellogg was particularly strong as its first-quarter net income edged up 1.3% on the strength of its NorthAmerican sales as the packaged-food company's earnings beat Wall Street expectations.
Kellogg closedup 2.61, or 6.6%, at 42.11. Meanwhile, Starbucks gained 77 cents, or 5.6%, to 14.46, on Nasdaq, afterposting a decline in fiscal second-quarter net income, but saying it topped its cost-cutting target forthe quarter and began to see benefits from its turnaround efforts. -By Geoffrey Rogow, Dow Jones Newswires;
Thursday, April 30, 2009
Wednesday, April 29, 2009
Tuesday, April 28, 2009
4:24 pm - FKLI trending down as FKLI reversal on EOD chart is confirmed !
Shorted some in the morning and some some just now !
Monday, April 27, 2009
10:37 am - FKLI is breaking down now !
Close all our long position (some last friday and some today) and waiting aside !
8:55 am - Market Report by Bill Wermine
Dear Traders,
Today we held our Traders Club, at the CIMB auditorium, Nigel Foo, Head of research for CIMB gave a realistic analysis of the KLSE. He feels the KLSE will move ahead to the 1050 level in the next 2 months. He suggests to be defensive should the KLSE hit this level. Be ready to quickly lock in profits.
The top is in if:
News flow is extremly bullish and price stalls out
Retailers are jumping in and volume reaches unusual high levels but price refuses to advance- it means lack of demand from smart money. In fact smart money is selling to the herd of sheep investors.
Positives include a more business friendly PM, lifting of the 30 % Bumi quota for selected industries, and a resurgance of world markets.
Underlying the bullish world stock environment is unprecedented liquidity flowing from central banks- with interest rates at historical lows and an all out push to get credit flowing again. Never underestimate the power of the US Treasury and Federal Reserve. They can create currency out of thin air and they are.
Unfortunately, at some point the piper must be paid.
There will be a black swan event. An event that can not be predicted and the house of cards will collapse.
That is why we shared the ways of investing in gold. Gold is the ultimate safe haven and every investor should have exposure.
I apoligize to all of you who came to hear from the gold fund manager from Am Bank who was scheduled to come. He never even had the courtesy to call me that he could not come.
Luckily we had a film clip from hedge fund manager Michael Covel with comments from Jim Rogers and George Soros who in my opinion carry weight. All 3 are recommending gold exposure of 5 to 10 % should the currency printing bubble explode.
Also Martin and Nigel shared some excellent research to support holding gold.
In any case, we will hold our gold conference at the Armada Hotel on 10 May Sunday from 2 to 5 PM.
Cover charge is RM 25. This will be in more depth than what was presented today.
Let me know if you wish to attend as seats will be limited. You may pay/egister at the door.
Martin will share a powerful gold trading system for you technical traders. He will share the backtesting results which prove the system has positive expectation.
This system is medium term and works in timing Gold Unit Trusts, Gold ETFs. and gold futures.
I have done some research on the various gold scams perpetuated on local investors that you need to be awair of. I will speak on this. In times of uncertainty and volatility fraudsters are very active and we need to know how to protect ourselves.
Bottom line, only deal with locally regulated dealers. This also applies to FOREX trading.
Attached is an article on gold I wrote for Malaysian Business last month.
Have a good week ahead
Bill
Today we held our Traders Club, at the CIMB auditorium, Nigel Foo, Head of research for CIMB gave a realistic analysis of the KLSE. He feels the KLSE will move ahead to the 1050 level in the next 2 months. He suggests to be defensive should the KLSE hit this level. Be ready to quickly lock in profits.
The top is in if:
News flow is extremly bullish and price stalls out
Retailers are jumping in and volume reaches unusual high levels but price refuses to advance- it means lack of demand from smart money. In fact smart money is selling to the herd of sheep investors.
Positives include a more business friendly PM, lifting of the 30 % Bumi quota for selected industries, and a resurgance of world markets.
Underlying the bullish world stock environment is unprecedented liquidity flowing from central banks- with interest rates at historical lows and an all out push to get credit flowing again. Never underestimate the power of the US Treasury and Federal Reserve. They can create currency out of thin air and they are.
Unfortunately, at some point the piper must be paid.
There will be a black swan event. An event that can not be predicted and the house of cards will collapse.
That is why we shared the ways of investing in gold. Gold is the ultimate safe haven and every investor should have exposure.
I apoligize to all of you who came to hear from the gold fund manager from Am Bank who was scheduled to come. He never even had the courtesy to call me that he could not come.
Luckily we had a film clip from hedge fund manager Michael Covel with comments from Jim Rogers and George Soros who in my opinion carry weight. All 3 are recommending gold exposure of 5 to 10 % should the currency printing bubble explode.
Also Martin and Nigel shared some excellent research to support holding gold.
In any case, we will hold our gold conference at the Armada Hotel on 10 May Sunday from 2 to 5 PM.
Cover charge is RM 25. This will be in more depth than what was presented today.
Let me know if you wish to attend as seats will be limited. You may pay/egister at the door.
Martin will share a powerful gold trading system for you technical traders. He will share the backtesting results which prove the system has positive expectation.
This system is medium term and works in timing Gold Unit Trusts, Gold ETFs. and gold futures.
I have done some research on the various gold scams perpetuated on local investors that you need to be awair of. I will speak on this. In times of uncertainty and volatility fraudsters are very active and we need to know how to protect ourselves.
Bottom line, only deal with locally regulated dealers. This also applies to FOREX trading.
Attached is an article on gold I wrote for Malaysian Business last month.
Have a good week ahead
Bill
Friday, April 24, 2009
Thursday, April 23, 2009
Wednesday, April 22, 2009
4:37 pm - FKLI retrace back to 50%
The question remained if it can sustain tomorrow selldown if DJIA falls tomorrow !
11:18 am - Traders' Club Meeting - Sat 25 April 2009 @ 10 am CIMB Auditorium
Dear Traders,
Just a reminder, our Traders Club is this Saturday 25 April, 10 to 12 AM at CIMB Auditorium: Agenda includes Market Outlook and what market sectors to focus on by Nigel Foo, head of research from CIMB as well as opportunities in the gold market by a gold analist and a technical timing system for gold by Futures Broker, Martin.Wong
Our last foundation seminar this quarter is on 4 5 May at my office at Phillip Capital starting at 10 AM.
If you have any friends who might wish to take advantage of the current KLSE Bull - the best favor you could give them is to inform them of this trading course -by inviting them to our Traders Club Saturday and let them see how to maximize profits, manage risks and grow our wealth.
We should have a full house Saturday so come early to secure your seat.
Have a good day
Bill
Just a reminder, our Traders Club is this Saturday 25 April, 10 to 12 AM at CIMB Auditorium: Agenda includes Market Outlook and what market sectors to focus on by Nigel Foo, head of research from CIMB as well as opportunities in the gold market by a gold analist and a technical timing system for gold by Futures Broker, Martin.Wong
Our last foundation seminar this quarter is on 4 5 May at my office at Phillip Capital starting at 10 AM.
If you have any friends who might wish to take advantage of the current KLSE Bull - the best favor you could give them is to inform them of this trading course -by inviting them to our Traders Club Saturday and let them see how to maximize profits, manage risks and grow our wealth.
We should have a full house Saturday so come early to secure your seat.
Have a good day
Bill
9:42 am - Gold Conference 2009 - 10 May 2009
Dear Investor,
We will be organising a Gold Conference 2009 on 10th May 2009 for your clients and prospects. For 5,000 years gold has been the ultimate hedge against inflation, depression, recession and stock market collapse. It is the ultimate safe haven in times of economic turmoil which we experiencing now. Learn how gold can be used to protect the hard earned assets with the following choices:
Physical Gold
Gold Passbook Account
Gold Mining Shares
Gold Mining Share Unit Trust
Gold Futures
Details of the Conference are as below:
Date: 10th May 2009 (Sunday)
Time: 2pm - 5pm
Venue: Nakhoda Room 2 & 3, Level 3, Armada Hotel Petaling Jaya, Lorong Utara C, Section 52, 46200 Petaling Jaya, Selangor
Registration Fee: RM25 for cover charge
1.30pm Registration
2pm "Various approaches to Invest and Hedge in the Gold markets"
by Mr. Bill Wermine, Fund Manager of Phillip Capital Management Sdn Bhd
3pm "Market Outlook for Gold & Precious Metals 2009"
by Mr. Goh Aik Leong, Director, Deutsche Asset Management (Asia) Ltd.
4pm "Timing the Gold Market for Buying & Selling Gold"
by Mr. Martin Wong, Futures Broker of CIMB Futures Sdn Bhd
Please RSVP with Dolly @ 016 637-1508 or 03-4252 4149 to register as only limited seats are available. I have also attached herewith Gold Conference Brochure and a write up by Bill which came up in the Malaysian Business Magazine "A Safe Haven".
You may also amend below emails and circulate to your prospects shall they be interested to participate for the event.
Thank you.
Warm Regards,
Phillip Wealth Planners
We will be organising a Gold Conference 2009 on 10th May 2009 for your clients and prospects. For 5,000 years gold has been the ultimate hedge against inflation, depression, recession and stock market collapse. It is the ultimate safe haven in times of economic turmoil which we experiencing now. Learn how gold can be used to protect the hard earned assets with the following choices:
Physical Gold
Gold Passbook Account
Gold Mining Shares
Gold Mining Share Unit Trust
Gold Futures
Details of the Conference are as below:
Date: 10th May 2009 (Sunday)
Time: 2pm - 5pm
Venue: Nakhoda Room 2 & 3, Level 3, Armada Hotel Petaling Jaya, Lorong Utara C, Section 52, 46200 Petaling Jaya, Selangor
Registration Fee: RM25 for cover charge
1.30pm Registration
2pm "Various approaches to Invest and Hedge in the Gold markets"
by Mr. Bill Wermine, Fund Manager of Phillip Capital Management Sdn Bhd
3pm "Market Outlook for Gold & Precious Metals 2009"
by Mr. Goh Aik Leong, Director, Deutsche Asset Management (Asia) Ltd.
4pm "Timing the Gold Market for Buying & Selling Gold"
by Mr. Martin Wong, Futures Broker of CIMB Futures Sdn Bhd
Please RSVP with Dolly @ 016 637-1508 or 03-4252 4149 to register as only limited seats are available. I have also attached herewith Gold Conference Brochure and a write up by Bill which came up in the Malaysian Business Magazine "A Safe Haven".
You may also amend below emails and circulate to your prospects shall they be interested to participate for the event.
Thank you.
Warm Regards,
Phillip Wealth Planners
Tuesday, April 21, 2009
8:52 am - FKLI gap down due to overwhelming losses in DJIA !
Our FKLI will either move sideway or upward. The support is at 950/952 level.
Monday, April 20, 2009
9:21 am - KLCI is hitting resistance at 200 MA !
It looks set to reverse from here after up so many days last week !
Thursday, April 16, 2009
Wednesday, April 15, 2009
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