Tea with AK71: Durians tidak boleh?

This photo was taken at a MRT station on the Circle Line. See why people say Singapore is a "fine" country?

No durians but no fine if we were caught har?

Are the authorities partial to durians?

Does anyone know the reason why there is no fine for being caught with durians on MRT trains?

Could it be that the powers that be have not decided on how much the fine should be? If so, I have a suggestion!

To be fair, they should have a weighing scale at every station and the quantum of each fine should be determined by the weight of the offending fruit which was brought onboard!

Bring more, fine more. Bring less, fine less.

If the reason for banning durians on MRT trains is because of its endearing fragrance, what about durian mooncakes, durian puffs, durian puddings and other such yummy delights?

Heavens forfend! ;)

Sabana REIT: 90c sell order filled.

My overnight sell order at 90c was filled. Those units which were bought at 87c and 88c were divested. I liken the gains to locking in income distributions in advance.

As I still have a sizeable investment in Sabana REIT, divesting those bought at lower prices for capital gain does not seem like a bad idea with market volatility likely to be the norm for a while. I could well have opportunities to buy in again on the cheap in future.

What if its unit price were to stay strong? That would make me happy too since I am still very much vested. Either way, I have a plan and that means I sleep better at night.

Although the MACD has completed a bullish crossover with the signal line, momentum is still negative. This is a rebound and not an uptrend.

90c is a natural resistance level. If this were to be broken convincingly, we could see its unit price rising higher to retest resistance in a band of prices from 91.5c to 92.5c.

Related post:
Why I do not panic?

CapitaMalls Asia: Rebounding.

At this point in time, the recent upmove of CapitaMalls Asia's share price is still a rebound. The MACD made a bullish crossover with the signal line but momentum is still negative. Make no mistake. The downtrend is still intact.

Volume has been declining over the last three sessions. How do we interpret this?

Although the bears were roughed up three sessions ago, bulls seem to lack conviction in following through. We can only wait and see if they do in the next session. For now, bears are staying sidelined, nursing their wounds, while bulls remain somewhat cautious.

Price touched a high of $1.375 in the last session which coincides with the resistance presented by the 50dMA. Overcoming this resistance could see gap fill at $1.395 and that is where I have put in my next sell order.

If we look at the orange line I have drawn, we will see that $1.395 also approximates the immediate downtrend resistance in the next session.

Breaking the immediate downtrend could send share price higher to test resistance provided by the declining 100dMA which is currently at $1.52.

Related post:

CapitaMalls Asia: Gap closed at $1.325.