I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Wednesday, 13 March 2013

Kep Corp : No Black Candle???


Surprisingly with this bad news, how come today no Black Candle???

Where are the big time Short Sellers???


A US$1.2 billion deal has fallen through for Keppel Corp Ltd to build offshore drilling rigs for Ukraine's state energy firm, Naftogaz, the Singapore company said on Tuesday.

Keppel, the world's largest constructor of offshore oil rigs, announced on Dec. 4 that it had signed a contract with Naftogaz to build two semi-submersible drilling rigs for use in the Azov and Black seas.

"We wish to announce that the contract will not be taking effect as certain conditions within the timeline set were not met," Keppel said in a statement.

"Keppel will continue to seek opportunities where we can to support Naftogaz in their exploration and production activities." Mr Naftogaz declined to comment on the matter. - REUTERS

Posted by Createwealth8888 at 20:35
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