Tea with AK71: Ipoh Hor Fun (Holland Village).

Some time ago, I blogged about a higher purpose in having passive income in our lives which, to me, is to be able to spend more quality time with family as we spend less time at work. Of course, being able to spend money more freely is a nice feeling too.

Since moving back to stay with my family, I have been spending more time with my family, especially my mother. We would go and exercise in the gym and attend yoga classes together. We talk a lot more too, which can be good and bad (and this is the honest truth).

Today, we were supposed to go to the gym but I asked if she would like to skip gym and go for Ipoh Hor Fun in Holland Village instead. Since both of us are naturally lazy, I didn't have to do any persuading for her to agree to it.

Ipoh Hor Fun with vegetable, fried wanton and char siew. $4.50.

Ipoh Hor Fun with vegetable, fried wanton and char siew in curry. $4.50.

Dumpling soup. $5.00.

Inexpensive. :)

Burp.

Related post:
Passive income: A higher purpose.

Marco Polo Marine: Accumulation mode.

On 19 June, I blogged about Marco Polo Marine's persistent insider buying activity. I initiated a long position and I have been updating that blog post in the comments section. The latest update happened yesterday.

Today, I added to my long position as its share price retraced to 34c a share.

Technically, we see the Bollinger Bands narrowing on the weekly chart. Expecting a big move in share price in the coming weeks. With the MACD forming higher lows on the weekly chart, momentum is improving as sentiments towards the company turned positive. The OBV bears this out as it shows accumulation taking place over the longer term.

Immediate support is at 33.5c while immediate resistance is at 35.5c a share.

Some might wonder why I look at the weekly chart here instead of the daily chart. I do this because I am interested in holding on to my investment in Marco Polo Marine for a longer period of time and the weekly chart shows me the longer term probabilities.

I would buy more on further weakness in its share price, everything remaining constant.

Related post:
Marco Polo Marine: Persistent insider buying.