ShareJunction - Member Posts

x 0

Super Group/Singapore ST: the downside prevails as long as 3.9 is resistance

Trading Central | 2013-11-18 00:09:00

The MACD is below its signal line and negative.

3.9 is our pivot point.

Our preference: the downside prevails as long as 3.9 is resistance.

Alternative scenario: the upside breakout of 3.9 would call for 4.3 and 4.55.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 4.07 and 4.2).

Supports and resistances:
4.3 *
3.9 **
3.74
3.5 last
3.02
2.79 **
2.55 *

Copyr

x 0

Those who subscribe ST online can help? I subscribe hard copy.

MetalTrader ( Date: 18-Nov-2013 11:44) Posted:

Yo Wan Si Tong, any website link to see?

we should seriously revalue the gems that lie in our midst.
But now that F& N has successfully sold its stake in Tiger Beer maker Asia Pacific Breweries to long-time partner Heineken for S$5.6 billion, every analyst in town seems to be outdoing one another in bidding up the target price for the stock.

The willingness of Overseas Union Enterprises (OUE) to pay S$1.4 billion for F& N?s hospitality and serviced residence business is another telling indicator, even though this cannot be pulled off just yet, because of Charoen?s takeover offer. Deutsche Bank analysts Elaine Khoo and Gregory Lui observed in a note that they had valued F& N?s serviced residence businesses at S$780 million. Similarly, there were other reports which suggested that Mr Charoen?s F& N bid had priced its hospitality business at only S$600 million.

There is one other point worth noting: The revelation by F& N chairman Lee Hsien Yang, together with board members Timothy Chia, Tan Chong Meng and Nicky Tan, that they plan to hold onto their shares unless Charoen?s offer turns unconditional. All these suggest that even at S$8.88 a share, there may still be value to be unlocked in F& N shares.
http://www.nationmultimedia.com/business/More-value-to-be-unlocked-in-F& N-shares-30192217.html

WanSiTong ( Date: 18-Nov-2013 09:39) Posted:

Today ST Money B11 half page cover F& N by Goh Eng Yeow

x 0

Asian Stocks Extends Two-Week High After China Reforms

Asian stocks rose for a third day, with the benchmark index extending a two-week high, after China vowed to carry out the broadest expansion of economic freedoms since at least the 1990s.

China Mengniu Dairy Co., a maker of milk products, jumped 4.8 percent after policy makers pledged to relax the nation?s one-child policy. China Galaxy Securities Co. jumped 7.2 percent in Hong Kong as prospects for financial reform boosted brokerages. Dwango Co. soared by the daily limit in Tokyo for a second day after saying Nintendo Co. bought a stake in the company that provides content through mobile phones.

The MSCI Asia Pacific Index added 0.8 percent to 142.64 as of 12:33 p.m. in Tokyo after closing at the highest level since Oct. 31 last week. All 10 of the measure?s industry groups gained. China pledged to allow more private investment in state-controlled industries, ease its family-planning policy and expand farmers? land rights, according to a Communist Party policy decision published by Xinhua News Agency on Nov. 15.

?The investors who were on the sidelines don?t have to hesitate anymore,? Zeng Xianzhao, an analyst at Everbright Securities Co. in Chongqing, said by phone today. ?In the next few years, we will see faster implementation of these reforms and the efficiency of the enterprises will improve as well. There were noises about possible disappointment at the plenum this got rid of all such negative rumors.?

Hong Kong?s Hang Seng Index soared 2 percent on volume 193 percent higher than the 30-day intraday average. The HSI Volatility Index, which measures the cost of options on the Hong Kong equity gauge, jumped 7.5 percent today, poised for the biggest advance since Sept. 30. The Hang Seng China Enterprises Index of mainland companies listed in the city surged 3.9 percent, heading for the highest close since May. China?s Shanghai Composite Index added 1.4 percent.

Bull Run

Chinese shares are on the cusp of a historic bull run, according to a research note from Jefferies Group LLC. Comprehensive reform decisions from the plenum impressed ?tremendously,? with a significance rivaling that of Deng Xiaoping declaring the opening of China in 1978, analysts led by Christie Ju wrote.

Japan?s Topix (TPX) index added 0.3 percent as the yen maintained its slide past 100 per dollar. The Nikkei 225 Stock Average rose 0.1 percent after jumping 7.7 percent last week, the steepest rally in almost four years. Japanese stocks are poised to surpass this year?s high set in May as a stronger U.S. economy weakens the yen and Prime Minister Shinzo Abe?s reflation policy leads to wage increases, according to BNP Paribas Investment Partners SA and SMBC Nikko Securities Inc.

Regional Gauges

South Korea?s Kospi index climbed 0.4 percent while data showed the nation?s producer prices fell 1.4 percent last month from a year ealier. Taiwan?s Taiex Index gained 0.2 percent and Singapore?s Straits Times Index advanced 0.2 percent. Australia?s S& P/ASX 200 Index dropped 0.3 percent, while New Zealand?s NZX 50 Index lost 0.3 percent.

Futures on the Standard & Poor?s 500 Index declined 0.1 percent. The measure rose 1.6 percent last week to close at an all-time high after Janet Yellen, nominated to succeed Ben S. Bernanke as the Fed chairman, said the central bank should take care not to withdraw stimulus too early from an economy that is operating well below potential.

?They are not willing to move yet on tapering,? said Evan Lucas, Melbourne-based market strategist at IG Ltd. ?That?s a positive thing for risk and that means equities are going to be in the green.?

The Asia-Pacific gauge traded at 13.8 times estimated earnings as of Nov. 15, compared with 16.2 for the S& P 500 and 15.1 for the Stoxx Europe 600 Index, according to data compiled by Bloomberg.

x 0

By UOBKH

WanSiTong ( Date: 18-Nov-2013 10:50) Posted:

What?s in the Pack
Sino Grandness Food-3Q13: Earnings jump 99% yoy on improvement in all business segments (SFGI SP/BUY/S$0.765/Target: S$1.06)
Maintain BUY with a higher target price of S$1.06, taking into account the higherthan- expected 9M13 earnings. The company is still trading at an undemanding?
KSH Holdings - 1HFY14 profit up 66.6%, in line with expectations.
(KSHH SP/BUY/S$0.495/Target: S$0.71)
With locked-in sales from successful property launches, KSH is expected to continue enjoying good earnings growth and visibility...
Singapore Property- Selective projects support home sales.
We prefer deep value and diversified property developers such as CapitaLand, Ho Bee and OUE as our top BUYs.
Genting Hong Kong- RWM?s 3Q13 results briefing affirms that its disappointing 3Q13 results were dragged by poor luck factor
(GENHK SP/BUY/US$0.415/Target: US$0.49)
Maintain trading BUY on GENHK. Notwithstanding our downward earnings revision, we reckon GENHK?s valuations are undemanding?
RH Petrogas- Successful oil discovery is a testament to management?s ability to discovery oil, but could be non-commercial.
(RHP SP/BUY/S$0.65/Target: S$1.60)
Maintain BUY, target price of S$1.60 is based on our NPV and risking model. We retain our BUY call on RHP as oil discoveries in the near?
Suntec REIT- Acquires upcoming Sydney office tower for A$413m.
(SUN SP/BUY/S$1.57/Target: S$2.12)
We maintain BUY with a higher target price of S$2.12 (from S$2.07) based on DDM (required rate of return: 7.1%, terminal growth: 2.2%). We have also?
Raffles Medical Group (RFMD SP, R01) ?
Technical BUY with +7.5% potential return
The stock is likely to continue to rebound near its rising 50-day EMA, which could be acting as a support for now?
Courts Asia (COURTS SP, RE2)?
Technical SELL with +20.9% potential return
The stock has gapped down and any short-term rebound could be resisted near S$0.71 before trending lower?
GMG Global (GGL SP, 5IM) ?
Technical BUY with +9.7% potential return
The stock could form a rounding bottom and could be supported near its bottom tweezer formed recently?

x 0

Equities revitalized by Janet Yellen?s dovish comments: DBS Vickers

STI reverse recent lethargy and looks headed to 3275- 3290 in coming weeks.

Dovish comments by FED chairperson Janet Yellen look to have revived the equity market that otherwise would have headed to a dull year-end lull period. We see the STI heading to 3275-3290 in coming weeks. ...

Further gains beyond this level towards 3380, however, would have to be justified by an end to the earnings downward revision trend that is still not in sight.

Riding on Singapore?s GDP recovery, we see banks OCBC & UOB leading the index rise. Yield names should be underpinned as QE tapering timeline is pushed back to March 2014 or beyond. Our picks are Venture Corp, China Merchant, Pan-United and Keppel Corp as they tend to pay out good dividend when they announce their 4Q/FY results by end-Feb.

Finally, look towards the Industrial sector - Noble Group, Yoma, Midas, O& M - Ezion, Nam Cheong and planters ?Indofood Agri to drive growth in FY14F.

x 0

x 1

What?s in the Pack
Sino Grandness Food-3Q13: Earnings jump 99% yoy on improvement in all business segments (SFGI SP/BUY/S$0.765/Target: S$1.06)
Maintain BUY with a higher target price of S$1.06, taking into account the higherthan- expected 9M13 earnings. The company is still trading at an undemanding?
KSH Holdings - 1HFY14 profit up 66.6%, in line with expectations.
(KSHH SP/BUY/S$0.495/Target: S$0.71)
With locked-in sales from successful property launches, KSH is expected to continue enjoying good earnings growth and visibility...
Singapore Property- Selective projects support home sales.
We prefer deep value and diversified property developers such as CapitaLand, Ho Bee and OUE as our top BUYs.
Genting Hong Kong- RWM?s 3Q13 results briefing affirms that its disappointing 3Q13 results were dragged by poor luck factor
(GENHK SP/BUY/US$0.415/Target: US$0.49)
Maintain trading BUY on GENHK. Notwithstanding our downward earnings revision, we reckon GENHK?s valuations are undemanding?
RH Petrogas- Successful oil discovery is a testament to management?s ability to discovery oil, but could be non-commercial.
(RHP SP/BUY/S$0.65/Target: S$1.60)
Maintain BUY, target price of S$1.60 is based on our NPV and risking model. We retain our BUY call on RHP as oil discoveries in the near?
Suntec REIT- Acquires upcoming Sydney office tower for A$413m.
(SUN SP/BUY/S$1.57/Target: S$2.12)
We maintain BUY with a higher target price of S$2.12 (from S$2.07) based on DDM (required rate of return: 7.1%, terminal growth: 2.2%). We have also?
Raffles Medical Group (RFMD SP, R01) ?
Technical BUY with +7.5% potential return
The stock is likely to continue to rebound near its rising 50-day EMA, which could be acting as a support for now?
Courts Asia (COURTS SP, RE2)?
Technical SELL with +20.9% potential return
The stock has gapped down and any short-term rebound could be resisted near S$0.71 before trending lower?
GMG Global (GGL SP, 5IM) ?
Technical BUY with +9.7% potential return
The stock could form a rounding bottom and could be supported near its bottom tweezer formed recently?

x 0

Today ST Money B11 half page cover F& N by Goh Eng Yeow

x 0

You may want to try this...... Lol

ahxiow ( Date: 17-Nov-2013 22:33) Posted:

My god god , pls reply me on that, i want to learn from u. Recently i lost a lots..ai see liao.

ahxiow ( Date: 17-Nov-2013 21:52) Posted:

wat make u so confidence for your predictions, wat u use. i see bro stockchamp n other sifus also if here if there. U predict prices for so many days in advance , no need to see chart , on coming indicators, ...also no fundamental needed. Quite fantastic leh.
recently insiders also can die hor

x 0

What I meant is........ if someone had taken a look at, for example, Assiasons' NAV & PB before 1 Oct, he would be alerted that the PB was 15.67 times which is extremely high!........

Rosesyrup ( Date: 17-Nov-2013 15:34) Posted:

Mind explaining that bold statment?

WanSiTong ( Date: 17-Nov-2013 15:18) Posted:

Now it's too late to look at NAV for the trio..........Lo

x 0

Now it's too late to look at NAV for the trio..........Lol

WanSiTong ( Date: 17-Nov-2013 15:02) Posted:

Not only PE..........PB becomes more & more important and widely used in the financial analysis .........

Rosesyrup ( Date: 17-Nov-2013 14:22) Posted:

Agree with you friend. Why bother about NAV for this kind of stock? Not as if it is unsutainable or anything. This is a growth counter. A more appropriate valuation model would be PE.

NAV is a better model for the trio

x 0

Not only PE..........PB becomes more & more important and widely used in the financial analysis .........

Rosesyrup ( Date: 17-Nov-2013 14:22) Posted:

Agree with you friend. Why bother about NAV for this kind of stock? Not as if it is unsutainable or anything. This is a growth counter. A more appropriate valuation model would be PE.

NAV is a better model for the trio.

LOVEYOURSELF ( Date: 17-Nov-2013 11:49) Posted:

I don't know what to say......

One thing for sure GLP is not a penny stock therefore any reference with recent dive of the 3 penny stocks may not be helpful.....

Although NAV is one important factor used but I think investors would consider other factors/issues in determining what prices would be fair to pay.....

I just got a feeling GLP may test $3.2+ in coming days, if convincingly may end up in the $3.3+ zone around the CNY 2014 period .....that is just my own opinion....cheers.......

x 0

https://www.youtube.com/watch?v=NUgn-Kzgkxw

WanSiTong ( Date: 17-Nov-2013 11:17) Posted:

I don't know what to say..........

https://www.youtube.com/watch?v=NUgn-Kzgkxw

x 0

I don't know what to say..........

https://www.youtube.com/watch?v=NUgn-Kzgkxw

x 0

Estimated price for 1 FCL share is $ 2.00 to 2.10........ 2 FCL is 4.00 to 4.20

teeth53 ( Date: 16-Nov-2013 20:49) Posted:

Based on April 2013 average trade....

Disposal of its entire interest in Asia Pacific Breweries (APB) in Nov 2012 for S$5.6 bil.

F& N announced to return approximately 84% of its proceeds (S$4.7B) back to shareholders. It translates to S$3.28 per share.

The remaining S$0.9 bil would be retained, bringing down F& N?s net gearing to 17.3%, compared to 27.4% (pre-APB sales)

The net asset value (NAV) of F& N would correspondingly be reduced from S$8.80 per share to S$5.52 per share.

teeth53 - Just promoting stk/shr trading interest in SJ. Last traded price is seem getting nearer to it orginal price.

x 0

Is Oldbird his 2nd nic? Lol

Peter_Pan ( Date: 17-Nov-2013 10:40) Posted:

teeth53 is very laojiao, he is already 60 yr old, full of wisdom

WanSiTong ( Date: 17-Nov-2013 10:20) Posted:

Teeth, your calculation is quite accurate! If consider the earning subsequently............ you will get the NAV of $ 5.90........Huat arh

x 0

Yes, I fully agreed with you.......... NAV is not the only factor to consider for the stock price.

Look at the price on 1 Oct, Assissons closed at $ 2.83, Bluemont $ 2.44 and lionGold at $ 1.545.............and many many.......

Assiasons had a NAV of 18.06c, Bluemont 6.27c and LionGold 25.50c

I don't know how to say.......

tonylim ( Date: 16-Nov-2013 23:57) Posted:

SuperCoffee NAV much less than a dollar but the share price is higher than Capitland. NAV is not the only factor to consider for the stock price.

WanSiTong ( Date: 16-Nov-2013 11:29) Posted:

	GLP	Capitaland
	(US$)	(s$)

NAV	1.81	3.74

NTA	1.7	3.63

Last price (S$)	3.13	3.07

x 0

Yes I agreed with you. However, amongst other factors, NAV is one of a important factors.

tonylim ( Date: 16-Nov-2013 23:57) Posted:

SuperCoffee NAV much less than a dollar but the share price is higher than Capitland. NAV is not the only factor to consider for the stock price.

WanSiTong ( Date: 16-Nov-2013 11:29) Posted:

	GLP	Capitaland
	(US$)	(s$)

NAV	1.81	3.74

NTA	1.7	3.63

Last price (S$)	3.13	3.07

x 0

Teeth, your calculation is quite accurate! If consider the earning subsequently............ you will get the NAV of $ 5.90........Huat arh!

WanSiTong ( Date: 16-Nov-2013 22:59) Posted:

NAV as at 30.9.13, according to the Full year announcement , is $ 5.90

teeth53 ( Date: 16-Nov-2013 20:49) Posted:

Based on April 2013 average trade....

Disposal of its entire interest in Asia Pacific Breweries (APB) in Nov 2012 for S$5.6 bil.

F& N announced to return approximately 84% of its proceeds (S$4.7B) back to shareholders. It translates to S$3.28 per share.

The remaining S$0.9 bil would be retained, bringing down F& N?s net gearing to 17.3%, compared to 27.4% (pre-APB sales)

The net asset value (NAV) of F& N would correspondingly be reduced from S$8.80 per share to S$5.52 per share.

teeth53 - Just promoting stk/shr trading interest in SJ. Last traded price is seem getting nearer to it orginal price.

x 0

Don't any how chiong........ trade with care.......... DYODD..... Huat arh.........

WanSiTong ( Date: 16-Nov-2013 23:36) Posted:

Some extracts from the analysts reports:

* super group had a 'rare miss" , said CIMB's Mr Ng, with 17% dip in quarterly profit on higher expenses. Rising competition, higher costs, margin pressures and currency fluctuations could hurt earning in the consumer space.

*UOBKH noted that the Company 's near term prospects could be hampered by difficult operating conditions in markets such as Myanmar and the Phillippines

x 0

Some extracts from the analysts reports:

* super group had a 'rare miss" , said CIMB's Mr Ng, with 17% dip in quarterly profit on higher expenses. Rising competition, higher costs, margin pressures and currency fluctuations could hurt earning in the consumer space.

*UOBKH noted that the Company 's near term prospects could be hampered by difficult operating conditions in markets such as Myanmar and the Phillippines