The Straits Times Index rally again today on further evidence that the FED will not taper the QE too quick on weak US GDP data. We have long blue-chips since wednesday and reaping the benefits of the rally. Watch out for more trading opportunity to come.
We would like to share with the public 1 counter worth waiting for the dividends is VALUETRONICS. The counter is on Cum Dividend with HK$0.08 equal to about SG$0.013(x .1635), a yield of 6.3%. Most of the people may not notice that the counter is trading at Price x Earnings (PE ratio) of 3.88x which made the stock an acquistion potential given its cheap valuation.