Super Seven Soverign Wealth Funds

Just read an interesting article from today Strait Times, it mentioned there are over 45 Sovereign Wealth Funds available but specially highlighted the Super Seven SWF with at least US$100 billions in assets each. Here are a closer insight with the Super Seven SWF and their vital statistic from ST June 2008

No 1 - Abu Dhabi Investment Authority

Warchest : US$875 billion
Recent Stakes Purchases :

i) Citigroup for US$7.5b (Nov 2007)
ii) PrimeWest Energy for US$5b (Sept 2007)

No 2 - Norway Government Pension Fund

Warchest : US$396.5 billion
Recent Stakes Holding :

i) Esprit
ii) Kmart
iii) United Oversea Bank
iv) Banyan Tree Holding
v) City Development

And many more...

No 3 - Kuwait Investment Authority

Warchest : US$265 billion
Recent Stakes Purchases :

i) Halkbank for US$209m (May 2007)
ii)Industrial Bank of China for US$720m(April 2007)
iii) Cevahir Shopping Centre for US$750m (Nov 2006)
iv) Merril Lynn for US$2b (June 2005)


No 4 - China Investment Corportation

Warchest : $200 billion
Recent Stakes Purchases :

i) Morgan Stanley for US$5b (Dec 2007)
ii) BG Group for US$250m (Sept 2007)
iii) Blackstone Group for US$3b (May 2007)

No 5 - Russia Oil Stabilisation Fund & National Welfare Fund

Warchest : More than US$150 billions

No 6 - Government of Singapore Investment Corporation

Warchest : More than US$100 billion
Recent Stakes Purchases :

i) UBS for US$10.8b (Feb 2008)
ii) Citigroup for US$6.88b (Jan 2008)
iii) Merril Lynn for US$954m (June 2007)


No 7 - Singapore Temasek Holding

Warchest : More than US$100 billion
Recent Stakes Purchases :

i)Merril Lynn for US$5b (Dec 2007 & Feb 2008)
ii ) Barclays Bank (July 2007)
ii) Standard Chartered

Asia Delicious Food

Singapore Food is regard as one of the most delicious food in Asia... Be it the famous Hainanese chicken rice or the famous Katong Lasksa and the rest of the mouth watering dishes such as Hokkien Mee, Fried Carrot Cake, Mee Robus or Mee Goreng, Singapore Foods is simply non-resistable.

Many visitors simply cannot resist the delicious food in Singapore. Whether it is at local hawker centres, air-con food courts or restaurtant, after you have tasted Singapore Food, it is as if you have eaten all the famous food throughout most of Asian Countries.

Checkout the 2 recommended food sites below to experience the mouth-watering Singapore delicious food feast

Top 10 Singapore Delicious Food

Delicious 5 Star Food Recipes Official Site

It is TIME to do Bottom Fishing

Currently Finanical Market daily movement is simply too voliate to trade and often over-react negatively based on any bad news released by the media.

The best thing to do now is to wait for the stormy weather to be over or if you are a risk taker and have a longer investment horizon of 3-5 years, this may be the time to buy in stages and wait for the investment egg to hatch within the next 3-5 years and exit the investment during the next bull run.

Whether it is the popular China Growth Fund, India Growth Fund, Asia Growth Fund, Singapore Equity Fund etc, if you having holding power with 3-5 years investment horizon view, wait for the storm to be over, you might be rewarded for your bottom picking investment stragetic.

The Art of Stock Manipulation

Recently came across a interesting article from George Chelekis about his view on stock manipulation. It is quite interesting as it highlight the 10 rules from "The Market Invisible Manipulator" to make money out of retail investors esp for penny stocks.

Rule 1 : All Sharp Price Movements (Whether Up Or Down) Are The Result Of One Or More Professionals Manipulating The Share Price

Rule 2 : If Market Manipulator Want To Distribute (Dump) His Shares, He Will Start A Good News Promotional Campaign.

Rule 3 : As Soon As The Market Manipulator Has Completed His Distribution (Dumping) of Shares, he will Start a Bad News or No News Campaign

Rule 4 : Any Stock That Trades Huge Volume At Higher Prices Signal The Distribution Phase

Rule 5 : The Market Mnipulator Will Always Try To Get YOu To Buy At Highest And Sell At Lowest Possible Price

Rule 6 : If This Is a Real Deal, Then You Are Likely To Be The Last Person To be Notified.

Rule 7 : Conversely, You Will Be often The Last To Know When This Deal Shows Signs of Failure. (Beware of MOU)

Rule 8 : The Market Manipulator Will Compel You Into Stock So That You Will Drive Up Its Share Price Via Volume.

Rule 9 : The Market Manipulator Is Well Aware of Trading Emotions (Fear & Greed)

Rule 10 : The Big Boys Aka The Bankers Always WIN...