Latest Posts By richtan - Supreme About richtan |
|
05-Aug-2009 16:58 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
x 0
x 0 |
Wah Sei man, They are popping viagra now, can't wait for tomoro. leh
|
||||
Good Post Bad Post | |||||
05-Aug-2009 16:56 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
x 0
x 0 |
Dun worry, I m sure they stock up a lot of viagra for tomoro to "STAND UP for Singapore"
|
||||
Good Post Bad Post | |||||
05-Aug-2009 16:38 | Others / Most - S-Chip get ready to get 10-20% Price Hike Go to Message | ||||
x 0
x 0 |
China Rally Will Last, No 'Bubble' Seen, Harvest Says Aug. Aug 5 (Bloomberg) -- China’s benchmark stock index, the world’s second-best performer this year, may extend gains as earnings recover and economic growth accelerates, Harvest Fund Management Co. said. “I don’t think we’re in a bubble,” said Chen Li, Beijing- based strategist at Harvest, part-owned by Deutsche Bank AG and which oversees about $22 billion, including a portion of the national pension fund. “This is a recovery story that is one of the strongest and most convincing in the world.” The Shanghai Composite Index has doubled from its November low and investors last week opened the most trading accounts since January 2008, enticed by signs a 4 trillion yuan ($586 billion) stimulus package and record bank lending have revived the economy. The gains have sparked concern the government may act to slow the rebound. The government needs to be careful that state spending doesn’t fuel a “bubble” in the stock market, Allan Conway, head of emerging-market equities at Schroder Investment Management, which oversees $17.5 billion, said in a telephone interview from London yesterday. Conway said he will remain “overweight” in Chinese stocks on optimism that rising domestic demand and the stimulus will lift growth to the government’s 8 percent target. China’s manufacturing expanded in July for a fifth month, according to an official gauge. New loans tripled in the first half from a year earlier after the government eased restrictions. “We’re still quite optimistic about prospects for the stock market,” Chen said in a phone interview yesterday. Valuations Valuations of stocks on the Shanghai Composite Index have surged to 38 times earnings, more than twice those of the MSCI Emerging Markets Index and the Standard & Poor’s 500 Index. The stock market revival has triggered an end to a nine- month moratorium on domestic IPOs in June. The five companies that went public since then gained an average 112 percent on their first day of trading, even after selling stock at the top end of ranges marketed to investors. Shares worth 55.6 billion yuan have been sold so far this year, according to data compiled by Bloomberg. The country’s gross domestic product grew 7.9 percent in the second quarter, becoming the first of the major economies to rebound from the global recession. Chinese companies will post a 17 percent increase in earnings this year and 19 percent next year, Chen said, citing “consensus estimates.” The outlook is “more certain for the moment” than for peers such as India because of the Chinese government’s stimulus spending, Christopher Ryan, managing director in Asia for Fidelity International Ltd., said Aug. 3. ‘Look Stretched’ Still, there are signs the government will act to ensure bank loans aren’t diverted into the stock market. The banking regulator told lenders on July 27 to ensure loans intended for investment in fixed assets go to projects that support the real economy. Three days later, the regulator announced plans to tighten rules on working capital loans. Former Morgan Stanley chief Asian economist Andy Xie, now an independent economist, said July 31 China may cut growth in new loans by half in the last six months of this year to deflate a stock-market bubble. Edward Chancellor, a Boston-based portfolio manager at Grantham Mayo Van Otterloo, said July 31 the recovery in the Chinese stock market is “a classic bubble echo.” Emerging- market stock valuations “look stretched” and developing nations may be headed for a “profit-taking driven correction,” RBC Capital Markets said in a note to clients. Loose Policy Harvest’s Chen, formerly UBS AG’s Shanghai-based China strategist, said the Chinese government is likely to maintain a “moderately loose” monetary policy. The authorities won’t raise interest rates or order banks to set aside a larger amount of reserves as the economy isn’t showing signs of overheating, he added. Coal producers and property developers are among the best bets in the Chinese market as they will benefit from a rebound in economic growth, he said. The Shanghai index has rallied 90 percent this year, the world’s second-best performer after Peru among 89 equity benchmark measures tracked by Bloomberg. |
||||
Good Post Bad Post | |||||
05-Aug-2009 16:29 | Midas / Midas Go to Message | ||||
x 0
x 0 |
Sure, waiting for your coffee, but must be on Sundays or public holidays, as weekdays too busy monitor and analyse mkt.
|
||||
Good Post Bad Post | |||||
05-Aug-2009 16:23 | AusGroup / AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m Go to Message | ||||
x 0
x 0 |
This is like a "fire-sale", good time to grab as much as I can, but hor, dyodd, if u follow me buy, must set your stop-loss n if u loss money, dun blame me hor but yourself bcos i dun hold a revolver at your head n force u to buy hor |
||||
Good Post Bad Post | |||||
05-Aug-2009 16:21 | Midas / Midas Go to Message | ||||
x 0
x 0 |
This is like a "fire-sale", good time to grab as much as I can, but hor, dyodd, if u follow me buy, must set your stop-loss n dun blame me but yourself bcos i dun hold a revolver at your herad n force u to buy hor
|
||||
Good Post Bad Post | |||||
05-Aug-2009 16:11 | AusGroup / AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m Go to Message | ||||
x 2
x 0 |
I m loading up more on Ausgroup, probably a god-send but will sell if it close below 56. | ||||
Good Post Bad Post | |||||
05-Aug-2009 16:06 | Midas / Midas Go to Message | ||||
x 0
x 0 |
I m loading up more on Midas, probably a god-send but will cut loss of it close below 82. | ||||
Good Post Bad Post | |||||
05-Aug-2009 16:02 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
x 0
x 0 |
STI may range bound within the up-trend channel w/o violating the up-trend, unless it breaks below the lower channel support line | ||||
Good Post Bad Post | |||||
05-Aug-2009 15:59 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
x 2
x 0 |
Most likely drop to the 15ema around 2565 +/- and rebound from there, trend still up within the up-trend channel (see chart)
|
||||
Good Post Bad Post | |||||
05-Aug-2009 14:47 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
x 0
x 0 |
Ooops, typo error in chart annotation, should be "ADX still strong", not "ADI"
|
||||
Good Post Bad Post | |||||
05-Aug-2009 14:34 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
x 0
x 0 |
Below is my daily chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA. If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by rating it as "bad post", accumulating for yourself and your next generation, "bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd. |
||||
Good Post Bad Post | |||||
05-Aug-2009 12:55 | Midas / Midas Go to Message | ||||
x 0
x 0 |
Hi risktaker, Is it confirmed this Fri, bcos I read in one broking house reports tat expected results released is on this Thurs, ie tomoro. Thks
|
||||
Good Post Bad Post | |||||
05-Aug-2009 11:53 | Sakari / Straits Asia Go to Message | ||||
x 0
x 0 |
Below is my daily chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA. If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by rating it as "bad post", accumulating for yourself and your next generation, "bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd. |
||||
Good Post Bad Post | |||||
05-Aug-2009 11:07 | Others / DOW & STI Go to Message | ||||
x 0
x 0 |
DOW may pullback to the 200ema (neckline) to test the neckline as a support, but tat does not negate the uptrend so long as it does not closed below the neckline for 2 days continuously.
|
||||
Good Post Bad Post | |||||
05-Aug-2009 10:29 | Others / DOW & STI Go to Message | ||||
x 0
x 0 |
Notice tat DOW broke above the inverse H&S and now above the neckline, around the 200ema (about 8800). DOW 90ma and 200ema are turning upwards and going to crossover soon: |
||||
Good Post Bad Post | |||||
05-Aug-2009 09:49 | Others / DOW & STI Go to Message | ||||
x 0
x 1 |
|
||||
Good Post Bad Post | |||||
05-Aug-2009 09:30 | Midas / Midas Go to Message | ||||
x 0
x 0 |
Hi risktaker, Many thanks for sharing my view, but must dyodd and remember to set stop-loss or trailing stops.
|
||||
Good Post Bad Post | |||||
05-Aug-2009 09:27 | Midas / Midas Go to Message | ||||
x 0
x 0 |
Hahaha... Let me coin a new term: "MIDASTIC" "MIDASTIC" "MIDASTIC" "MIDASTIC" "MIDASTIC"
|
||||
Good Post Bad Post | |||||
05-Aug-2009 09:18 | Others / DOW Go to Message | ||||
x 0
x 0 |
No offence intended. Alemak, u think your friend is GOD meh, dyodd lah
|
||||
Good Post Bad Post |
First < Newer   1581-1600 of 3268 Older> Last |