Sunday, February 11, 2007

Outlook for the week! + New/Old Book?

Just caught a book selling in San bookstore recently. It's called "Intelligent Investor" by Benjamin Graham. This book is supposedly recommended by Warren Buffett himself, when he mentioned this is one of the books which he read and learnt from. Wonder if its a good title?

Anyway, just read in the news that oil prices had eased once more, perhaps this may give manufacturing stocks a push? As for Singapore Market, outlook remains bullish, but I guess a major correction will come soon. My guess is that with the CNY approaching, volumes should be high, with investors and speculators both hoping to get a FAT wallet for the holidays!

Stock Watch: City Spring Trust shall be listed on 12 Feb, Monday. IPO price stands at maximum bid of S$0.89 a share. With all the sky high prices on the first day of trade of IPOs listed these days, we can expect pretty good outlook for the stock!
(p/s Termasek Holdings backs this one up!)

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