*Official* SGXcafe Thread

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potNPan

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This is a service I'm totally OK with supporting, but I hope the creator does nag posts every so often to remind haha. Will support when I close any of my held positions.
 
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Donate within own means lo. Lol, if sti hit 3000, i think all ssi will donate $30.
 
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i think we have done a great job at making this thread active, their number of active users grew a lot since the start of this thread

hope it will continue to grow
 
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Please note that it is against licensing agreements for the website owner to encourage visitors to click on advertising link.

However, there is nothing against licensing agreements for someone not connected to the site to point that out.

Just don't repeatedly click ads....
 
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Decarn

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StockBot said:
added~~~~~~~~
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Thanks StockBot.


xersion said:
U vested a lot in maxi?
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Hi xersion, it is 2% of my portfolio. It was a punt so I kept the position small.

zzxiaoboizz said:
Hi, just curious why maxi cash over valuemax or moneymax?
Nt because of scrip divs right?
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Hi zzxiaoboizz, I bought it because of the bonus share. Having made some pocket money from its IPO, I naively assume that bonus share is a positive sign that the company is doing well. And as Genosis mention, it doesn't hurt to have Michelle Chia as the spokesperson. Kekeke
 
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StockBot said:
https://www.sgxcafe.com/article/view/40/sgxcafe+will+continue+to+stay+free


SGXcafe Will Continue To Stay Free

By evankoh posted on 15 May 2016 - 396 views

Long Story Short

SGXcafe will continue to be free, but to cover for the high operating costs due to licensing, I would like to invite you to do one or more of the following if you would like to show your support for SGXcafe.

1) Help increase awareness of SGXcafe. You can do this via your blog, share SGXcafe's articles on facebook, or simply via word of mouth to people whom you believe can benefit from SGXcafe.

2) Donate to SGXcafe. Any amount is greatly appreciated, but if you make a donation of at least SGD 30 (which is less than 10 cents a day), you will become a Friend of SGXcafe for a year, and that would allow you to participate in private surveys, discussions and more that would shape the future of SGXcafe.

I sincerely invite you to do one or more of the above if you feel that SGXcafe has been providing you value in your investment journey.


The Long Story

Recently, I contemplated charging a small monthly fee for the usage of SGXcafe due to licensing issues which has increased SGXcafe's operating cost by several hundred times from just several tens of dollars to several tens of thousands of dollars yearly.

After further consideration and feedback, I have decided to keep SGXcafe free for a few reasons.

1) When I was contemplating how much to charge, what features should be in which tier, and how to convert users from non-paying to paying, it was all a big headache to me. More importantly, thinking about all these and then having to implement them takes up a good amount of time, which I could have otherwise used to actually make SGXcafe better.

I started SGXcafe partly because I wanted to have fun sharing knowledge and information, and I would much rather spend my time that way rather than constantly thinking about how I can gain that extra dollar from users.

2) I recently read a book where it talks about social exchange vs market exchange. Currently, SGXcafe is based on social exchange, where I am freely sharing knowledge and information and other users are also contributing by freely sharing their portfolios and patiently sharing their thoughts on how SGXcafe can be better. If it becomes a paid service, it would become a market exchange where users would have likely higher expectations and less patience, even if it is just a few dollars a month.

Therefore, on second thought, I feel that by making it a paid service would take the fun out of creating SGXcafe and might potentially create more problems than it actually solves.

However, there is still the very real problem of several tens of thousands dollars in licensing fees to pay yearly. In the long run, I hope that advertising revenue will be able to cover that. But currently, advertising revenue is able to cover only 10-15% of the licensing fees, which means that SGXcafe would have to grow by around ten times to achieve that goal. So in the short term, before SGXcafe can run solely on advertising revenue, I would like to ask for donations to SGXcafe. Any amount is greatly appreciated but any amount equal or higher than SGD 30 would make you a Friend of SGXcafe for a year and that would enable you to participate in private surveys and discussions mainly centered around the future of SGXcafe.

Why SGD 30? I chose this amount because (1) it is less than 10 cents a day, and (2) if every active user of SGXcafe donates that amount, it will be sufficient to fully cover the licensing fees.

Why Friend of SGXcafe? As I was mulling over the recent issues, I feel there are limitations to what a single person can do. Hence, I would like to invite more people to join me in making decisions for SGXcafe. If you are willing to support by donating, the act itself shows that you care about SGXcafe, and I value the opinions of people who care about SGXcafe.

How will donations be used? Donations will be used solely for licensing fees, and in the happy event where donations exceed licensing fees, I will ask Friends of SGXcafe on how we should use the extra cash; save for next year? License more in-depth data? License more exchanges' data such as Hong Kong, Malaysia, or others?

Thank you for your support; Let's work together to make SGXcafe better!


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Thanks everyone for the support. I'm working with SGXcafe to keep the site free as I too believe in the value of his work.

SGXcafe has difficulty in replying to the forum but rest assured that he is aware and grateful of the support received here. Feel free to leave your feedback and keep your suggestions coming.
 
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SGD
Cost = 291,364.983, Current Value = 287,896.76
Day Change = +5,923.27 (+2.03%)
P&L = -3,468.22 (-1.19%)
P&L + Dividends = +12,914.25 (+4.43%)



one day up near 6k, jin fierce... machiam 2 month of my salary when i was working in bank gg
 
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