Sound Global: Full divestment.

Although its latest quarterly report does not inspire much confidence, fundamentally, this should be a sound business in the longer run.

China is bent on improving its infrastructure, including the improving of sanitation and increasing the availability of clean water supply. Sound Global is a logical beneficiary.

In the shorter term, however, it would be reasonable to expect margin squeeze and higher finance cost which would be a drag on performance. The rather sudden departure of its CFO is also a possible red flag.

Technically, momentum oscillators continue to trend downwards. The breaking of the rising 50d MA to the downside in yesterday's session was a bearish signal. Today, that signal was confirmed as a doji was formed below the 50d MA.

With momentum weakening and signs of distribution, we could see a lowering share price over time and the longer term 100d and 200d MAs tested for support. These are at 58c and 57c respectively.

There could be a better time to invest in Sound Global again some time in the future.

Related post:
Sound Global: Would I buy now?

Young Engineers Academy.

I was never much good at Physics. I didn't understand my teacher in school and I concluded that it just didn't interest me much. I was a F9 student. My teacher even told me I could drop the subject.

However, I was lucky enough to discover a TV series that made Physics interesting for me! I cannot remember the name of the program by now but there was this short elderly Caucasian man with frizzy grey hair who would teach Physics through demonstrations!

Although I found it impossible to understand what my Physics teacher was saying in class, I could understand that man on TV! Then, I also discovered something called "10 Year Series Model Answers". It was so easy to understand compared to that horrible tombe of a textbook by someone called Abbott which was used by my school.

My grades gradually improved and I managed a B3 for my "O" Levels. Did I improve because of my class teacher or because the prescribed textbook became intelligible? No. I improved because I found a teacher and a "textbook" I could understand.

If you have a child who is having trouble with Science, don't immediately think the child is uninterested or slow, it could be that a different approach is required.

A fellow blogger, LP, the blog master of Bully the Bear, whom I know to be a very intelligent and humble person is offering an innovative approach to teaching Science using LEGO bricks. Yes, LEGO bricks!

Young Engineers Academy is the first and only MOE registered school in Singapore that does such a thing. The program is imported from Israel, one of the world's top patent producers. MOE even bought the Excellence 2000 program from Israel for use in our gifted education programs.

Using LEGO to teach children Science offers a non-threatening and fun environment for them to explore and learn through play. This is the philosophy of edutainment! It gets children motivated and enthusiastic about learning!

 

The ideal outcome is for the children to have so much fun playing with the LEGO models that they do not even realise that they are learning!

If this excites you and if you would like to find out more, there is a preview lesson offered at $50. However, readers of ASSI get to attend for free.

Just contact Young Engineers Academy and tell them "AK blogged about this".

Website: www.youngengineers.edu.sg

Facebook: www.fb.com/youngengineers.sg

There is also a 2 day holiday workshop in March. Early birds get a 10% discount (ends 8th March). Tell them "AK blogged about this" and get 15% discount instead.

 

Have fun while learning. I like this!