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Strong performance by STI!
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You have earned your battle scars! Well done!
warrenbegger ( Date: 21-Jun-2013 13:26) Posted:
Ma hou Pao don't post this!
This is how i time the market, if i know what the chance will be..
I know  why Angel comes, i also know why they need to go when it's times. I also know how u will feels  :)
warrenbegger ( Date: 18-Jun-2013 21:31) Posted:
Today Gratz to u all, many counter hold up today and wish most of u Huat happily.
Too bad I got no holding to join u all, but in my heart I still happy with u all.
Those shortist pls  don't give up, the most die pain pain only.
*I be waiting for the next chance :)
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Major markets should be rebounding strongly soon next week. The most feared FOMC news is already over.
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Smart monies are jiak bah buay bao-ing....lol !!!
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Jiak Bah Buay Baos...LOL!!! 
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Our analyst hosted Midas for a two-day roadshow in
Hong Kong, and key concerns revolved around when the
new high-speed train orders would be coming through.
With China planning to double its high speed railway
(HSR) network to 18,000km by end-2015 and lack of
orders for rolling stock in the last two years, there is firm
optimism that the newly-formed China Railway
Corporation could be placing orders for new HSR rolling
stock in the second half of 2013, which should lead to
substantial contract wins for Midas. Meanwhile, the
group has won a number of metro and overseas train
contracts to boost its order book to Rmb650m, up from
Rmb400m at the end of 2012. Maintain BUY with S$0.60
target price. Midas is currently trading below 1x P/B,
which we see as attractive for a stock that is due for an
earnings recovery from 2H13 onwards.
DBS Vickers 
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Euro Zone Flash Composite PMI 48.9, Highest Since March 2012
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They look up to you mah!
ozone2002 ( Date: 20-Jun-2013 15:40) Posted:
Goldman sacs copy my intention that i posted this morning..
Executive Summary (Goldman Sacs)
QE tapering fears have sparked a corrective phase for Asian regional equity markets,
which have fallen over 11% from early May highs. Barring significant erosion in the
growth outlook, we gauge downside risk to be around 5%-8%, and view this selloff as
an opportunity to build positions. The recovery, however, is likely to be more muted
than is typically the case because markets need evidence of improving growth and
this will take some time. We focus on Korea, banks vs. defensives, and stocks that
tend to fare well during rising rate environments.
classes. Equities are off 11%, with selling most pronounced in ASEAN. Financials,
commodity cyclicals and defensives have fallen 10%-14%. Currencies have been
hit, notably AUD and INR. Bond yields have risen, especially Indonesia long rates. Widespread correction. The selloff in Asia has engulfed all markets and asset
mood. The principal catalyst is the back-up in US rates as investors price in the
eventual exit from QE. Lack of a growth offset is the second reason: Asian equity
markets are taking the ‘pain’ of higher US rates before they feel the compensating
‘gain’ of better growth. Heavy investor positioning, notably in ASEAN, is the third
factor, which has intensified the decline. The final reasons are external
vulnerabilities, such as current account deficits in India and Indonesia, and
contagion effects- both across asset classes and geographies. Drivers of the decline. We see five interlinked reasons for the shift in market
differences in the internal composition of this selloff compared to past corrective
episodes, and these have investment implications as we look forward into 2H2013.
In particular, North Asia has outperformed ASEAN, and domestic and global
cyclicals have fared better than defensives and rate plays. Different internals point to different responses. There are several important
regional equities at roughly 5%-8%. Valuations are low (11.2x 12-m forward P/E,
1.6x trailing book) and are close to past ‘minor’ correction lows. Foreign selling is
approaching levels that typify previous downturns. Earnings risk is moderate as
long as our macro outlook holds. Our 12-m target now implies 25% upside, driven
by low teen earnings growth and a moderate valuation recovery. Historically, 6-
12m returns have been strong from current valuation levels. Moderate downside risk favorable risk/reward. We estimate the risk for
recovery off the trough than typically occurs: markets need evidence of improving
growth and this will take some time. By market, we advocate accumulating Korea.
Thematically, we recommend banks vs. defensives, which is part of the dividend
cyclical area we favor. Stock-wise, we highlight ASEAN stocks that are
fundamentally sound and have been sold down too much, as well as a long/short
list of names that tend to do well/poorly in rising rate environments. Four tiers of implementation conclusions. Regionally, we expect a less dramatic |
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Germany June Composite PMI Flash 50.9, Highest Since February
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No crisis leh = Buy on dips
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FED’s QE tapering statement not beyond consensus expectations – STI’s recent low at 3100 to hold, reaction support at 3145-60
- DBS Vickers
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  Happi jiak bah buay baoss 
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HSBC's preliminary China PMI at 48.3
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Remember to jiak bah buay some bao.
Peter_Pan ( Date: 20-Jun-2013 08:48) Posted:
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Jiak bah buay bao...lol
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BOE voted 6-3 to keep asset purchases at £375bln
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Cannot disclose yet...wait i buy no huat kueh...i am sending some over to Wall Street...and also some to Ah Ben...
risktaker ( Date: 19-Jun-2013 16:29) Posted:
Where in china town.... ? 
Peter_Pan ( Date: 19-Jun-2013 16:17) Posted:
Later i go chinatown to buy the best huat kueh in Singapore..
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Later i go chinatown to buy the best huat kueh in Singapore..
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