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Yangzijiang Shipbuilding - CIMB keeps its Underperform rating in view of the earnings slump expected for the next two years
(UNDERPERFORM - Tgt. S$0.75 Offshore & Marine) - CIMB
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As long as you're comfortable.
ozone2002 ( Date: 17-Jan-2013 14:19) Posted:
CPO can't stay at low prices for so long..
will rebound..
looking to enter GAR
gd luck dyodd |
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Loaded!
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Wait for 0.55 to consider long.
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Yangzijiang Shipbuilding - CIMB keeps its Underperform rating in view of the earnings slump expected for the next two years
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(UNDERPERFORM - Tgt. S$0.75 Offshore & Marine) - CIMB
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HOLD - TP $0.95 - OCBCS
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(Neutral, S$1.10, TP: S$0.95) - DMG
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Likely   by them.
Peter_Pan ( Date: 11-Jan-2013 19:40) Posted:
Heavy volume selldown. Pump and dump activities at the beginning of the year. |
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17-01-2013 11:40:53 STOCKS NEWS SINGAPORE-JPMorgan downgrades Golden Agri to 'underweight'
J.P. Morgan downgraded palm oil firm Golden Agri-Resources  Ltd  to 'underweight' from 'neutral' and lowered its  target price to S$0.50 from S$0.56, on expectations it will be  hurt by a muted recovery in crude palm oil (CPO) prices.  By 0329 GMT, shares of Golden Agri were down 3.1 percent at  S$0.62, and have fallen about 4.6 percent since the start of the  year, compared to the Straits Times Index's < .FTSTI> 1 percent  rise.  J.P. Morgan said it expects Golden Agri's fourth-quarter  earnings to miss expectations, and forecast a 20 percent  quarter-on-quarter decline in core net profit to $69 million as  average CPO prices fell 23 percent in the period.  It also cut its 2013 and 2014 earnings per share estimates  by 10 percent to factor in lower CPO prices.  Indonesian plantation companies, including Golden Agri, are  expected to see meaningful labor cost increase following this  year's rise in minimum wage, the brokerage said. 
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  JANUARY 16, 2013 19:11 UTC+8 Crude Palm Oil Ends Up Tracking CBOT Soy Limited UpsideCrude palm oil futures on Malaysia’s derivatives exchange ended higher Wednesday on speculative buying interest, amid gains in CBOT soy oil during Asian hours. But the rise in palm oil was limited as market sentiment is generally cautious due to uncertainty over exports to major importer China brought about by stricter quality control measures imposed Jan. 1, and despite Malaysia leaving its export tax at zero for February.
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17-01-2013 10:25:07 STOCKS NEWS SINGAPORE-CIMB raises Midas Holdings target price
CIMB Research raised its target price for Midas Holdings  , which supplies components for train projects, to  S$0.59 from S$0.53 and kept its 'outperform' rating, as its  recent contract win reflects strong orders for the railway  industry going forward.  At 0214 GMT, Midas shares were up 1 percent at S$0.525, and  have gained 25 percent since the start of the year, compared to  a 1.8 percent rise in the FTSE ST All Share Index < .FTFSTAS> .  Midas's 32.5 percent-owned associate Nanjing SR Puzhen Rail  Transport Co. Ltd (NPRT) won a tram contract worth 338 million  yuan ($54.37 million), adding to NPRT's order book of 9 billion  yuan, CIMB said.  " This lends credence to our expectations of positive order  flow momentum and could signify back-to-back contract win  announcements and further re-rating potential," said CIMB,  adding that major clients have restarted negotiations with key  suppliers.
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Play by ear first.
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High volume today.
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STI chart very interesting yesterday.
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Of course cannot short now.
New123 ( Date: 16-Jan-2013 22:09) Posted:
not a good candidate for short . Not so meaty . Think it may take time to move up .
Peter_Pan ( Date: 16-Jan-2013 21:56) Posted:
Knowing when to short or long will reap you huge profits. Many many bids up or down |
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Yes.
tonylim ( Date: 16-Jan-2013 20:07) Posted:
EZRA in accumulation phase?
Peter_Pan ( Date: 16-Jan-2013 15:24) Posted:
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You're welcome.
NICHOLASCHUA ( Date: 16-Jan-2013 19:53) Posted:
Agreed. Thanks Peter Pan for always providing us news. Here's wishing all aboard a pleasant ride!
sgxtrader2013 ( Date: 16-Jan-2013 19:31) Posted:
Noted. Then now is time to in again.
Thank Peter_pan always provide the latest updated news to us. |
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