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Wah! Giving birth ah!?!

GorgeousOng ( Date: 31-Jan-2013 23:22) Posted:

Yes!Yes!Yes! Nike....Just do it!

5spice ( Date: 31-Jan-2013 23:17) Posted:

Peter push push push

ezra go up up up

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WASHINGTON (MarketWatch) - The Chicago purchasing managers index rose to 55.6% in January, to mark the best performance in nine months. Economists surveyed by MarketWatch had expected the Chicago PMI to edge up to 49.8%. Any reading above 50 indicates expansion. Details of the report were also strong. New orders posted the biggest increase in 10 months, advancing to 58.2% from 50.4% in December. The production index jumped to 60.9%, while employment surged to 58.0% from 46.8%. Other regional factory surveys were weak in January. Millan Mulraine, economist for TD Securities, said the strong Chicago report points to an up-tick in the national Institute for Supply Management manufacturing index to be released Friday. The current consensus is for the ISM index to rise to 51% in January from 50.2% in the prior month.

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Chicago PMI at 55.6, Topping Estimates, in January Vs. 50.0 in December

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Jan. Chicago PMI at highest level since last April

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New U.S. jobless claims jump 38,000 to 368,000

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Kopi-o siew dai jit buay

ynnek1267 ( Date: 31-Jan-2013 21:16) Posted:

What you want to order? Soup or porridge? Wahahaha!!!!

Peter_Pan ( Date: 31-Jan-2013 21:04) Posted:

I just had frog porridge for dinner.

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I just had frog porridge for dinner.

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Money is coming out of bonds into equities. Funds are balancing their portfolios.

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wan er duo woh...

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The operator of this counter very paisee...lol

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Ready to move up soon after squeezing until boh chun for the syndicates. TBTH.

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Outperform. Attractive valuation. Ride the coming wave.

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Good stock, overshot my $1 target price too fast.

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What markets would do in the event of another downgrade: Goldman

January 31, 2013, 6:13 AM

Earlier this week, Fitch largely called off the alarm over the chances of a downgrade to U.S. debt. But in a note Thursday, Goldman Sachs warned investors to not get too comfortable, as a downgrade is still a remote possibility.

: Getty Images; VP Joseph Biden, President Barack Obama

Goldman is sticking to its belief the U.S. debt ceiling will be lifted again this year. Even if it then becomes a binding constraint, a priority will be put on debt servicing, making a default remote.

However, the Goldman worrywarts say, ratings agencies do not want to see politicians get to brinkmanship, possibly in the form of a protracted debt-ceiling standoff ahead of the deadline. They kindly remind us that that’s exactly what happened back in August 2011, when S& P made history by cutting its triple-A rating on the U.S. even though the debt ceiling was ultimately extended in a last-minute deal.

As for what a downgrade would do to markets, which was basically the point of the Goldman note, they say any impact would be muted. Whew.

Oh, but wait. There’s another however.

“That said, should a full implementation of the sequester or a government shutdown cause a more significant hit to growth and/or expectations, the underpinnings of the S& P rebound would be challenged and the nascent equity rally and coincident bond market sell-off could well reverse,” says Goldman. (Read the latest on the ‘sequester’)

RBC Capital Markets predicted recently that it’s only a matter of time before the U.S. loses its triple-A rating from another agency. The next downgrade, they say, will have an even bigger impact on markets than the last time.

If you don’t remember what happened to markets the Monday after that S& P rate cut, which came after markets closed that Friday, let us refresh your memory, compliments of Market Snapshot, Aug. 8, 2011.

On that day, the Dow industrials DJIA -0.32% fell 634.76 points, or 5.6%, the worst daily loss since Dec. 2008. The S& P SPX -0.39% fell 6.7%.

– Barbara Kollmeyer

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Either they want to flush out the weakholders or they feel the price is way above the analysts' sell target price.

Tempest ( Date: 31-Jan-2013 18:52) Posted:

Wad happen to Olam today.. Anyone?

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Crude Palm Oil Ends Up LatAm Weather Issues Support

Crude palm oil futures on Malaysia’s derivatives exchange ended higher Wednesday due to speculative buying amid weather concerns in major soy-growing regions of South America and gains in other commodity markets.

The benchmark April contract at Bursa Malaysia Derivatives ended 1.4% higher at 2,510 ringgit a metric ton after moving in a MYR2,474-MYR2,512 range.

CBOT March soyoil was trading 0.9% higher at 52.19 cents a pound by the end of trade on BMD.

Concerns about dry weather in major soy exporter Argentina and talk that shipping issues in Brazil will likely limit the country's ability to ship soy supplies in the near term helped fuel gains in palm oil.

Technical indicators point to further price upside Thursday, rising toward MYR2,550/ton, as traders may cover positions ahead of the long weekend, according to a trading executive in Kuala Lumpur.

" Chinese quality control officials' decision to allow several [refined] palm oil cargoes to be unloaded in the country has lifted sentiment as well," he said.

Financial markets in Malaysia will be closed Friday in observance of Federal Territory Day.

Five cargoes from Malaysia have been unloaded at various ports in China, a trader at an international trading corporation said, the first since the major vegetable oil consumer imposed stricter quality measures on refined cooking oils for food use from Jan. 1.

Concerns about the tighter rules had prompted Chinese buyers to boost palm oil imports before the measures were enforced, raising port stocks to over 1 million tons in December. Palm oil port stocks in China reached 1.13 million tons Jan. 30.

Malaysian exports of refined palm oil, refined palm olein and refined palm stearin have dwindled since the start of the year with China's new standards and its burgeoning port stocks.

Export estimates by cargo surveyor Intertek Agri Services showed palm oil shipments to China during the Jan. 1-25 period fell 24% to 253,200 tons, while another surveyor, SGS (Malaysia) Bhd., said outbound sales for the period dipped 23% to 252,250 tons.

In the cash market, refined palm olein for February was offered at $832.50/ton, while cash CPO was offered at MYR2,370/ton

Open interest on the BMD was 172,963 lots versus 177,786 lots Tuesday. One lot is equivalent to 25 tons.

A total of 24,129 lots of CPO were traded versus 30,506 lots Tuesday.

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Crude Palm Oil Price

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Swiber Holdings

Maintain Outperform and target price of S$0.84 on

0.9x CY13 P/BV. We believe continued good

execution could bolster investors’ confidence.

CIMB

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Best post of the century!

Isolator ( Date: 31-Jan-2013 15:52) Posted:

A healthy tree is to have strong roots and trunk in order to support plenty of radiant and beautiful leaf, flower and fruits..... Joining too many branches from other tree will make the tree very fragile to fall as the roots and trunk did not grow to support overweight branches.... lol

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There will be a lot of buying and selling this weekend.

alooloo ( Date: 31-Jan-2013 15:16) Posted:

Anyone still active in market during CNY?