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You have to decide for yourself on which stock to buy.

Tropical ( Date: 09-Jan-2013 00:00) Posted:

yeah u re right. there re many stks out there, but juz dunno which one to buy

for short term profit.

Peter_Pan ( Date: 08-Jan-2013 18:26) Posted:

Still have other stocks you can consider, don't have to buy this one if you are concern

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Yes.

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true also :)

risktaker ( Date: 08-Jan-2013 21:08) Posted:

He wont know one lol he only know down...... dont worry buy on dip.... STI is keen to break 3300 :)

Peter_Pan ( Date: 08-Jan-2013 19:46) Posted:

Hi Isolator, how will US markets perform tonight

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Buyers are showing impatience towards the closing. The reason could be due to no panic sellers.

stevenlim109 ( Date: 08-Jan-2013 14:50) Posted:

peter_pan sifu i got 5,000 shares at 1.345 will the price go down further?

Peter_Pan ( Date: 08-Jan-2013 13:57) Posted:

A bullish gap-up move. Buyers are getting impatient.

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Waiting to long this stock.

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Crude Palm Oil Ends Down on Export Concerns

Crude palm oil futures on Malaysia’s derivatives exchange ended lower Monday, tumbling for the third straight session as investors turned cautious on concerns about lower export demand.

The benchmark March contract on Bursa Malaysia Derivatives ended 2% lower at 2,418 ringgit a metric ton after falling as much as 2.1% to MYR2,416/ton.

A likely slowdown in shipments to China due to the country's stricter quality control measures fuelled expectations that palm oil exports could remain weak in January. China is the world's largest consumer of palm oil after India, buying more than 6 million tons of the oil annually from Indonesia and Malaysia.

China won't accept imports of edible oils containing excessive peroxide or stearic acid from Jan 1, China's Inspection and Quarantine Bureau said last year.

The market will get a better idea of the state of exports to the country when cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. issue Jan. 1-10 shipment data on Thursday.

Continued weakness in export demand could drag prices further down, as palm oil supplies in Indonesia and Malaysia remain at record levels, a broker in Jakarta said.

Malaysia's palm oil stockpiles at the end of November rose to an all-time high of 2.56 million tons. Top producer Indonesia doesn't release official data on stockpiles and production.

In the cash market, refined palm olein for January shipment was offered at $805/ton, while cash CPO was offered at MYR2,250/ton.

Open interest on the BMD was 167,047 lots vs 166,054 lots Friday. One lot is equivalent to 25 tons.

A total of 58,065 lots of CPO were traded versus 32,188 lots Friday.

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x 1

Hi Isolator, how will US markets perform tonight?

Isolator ( Date: 08-Jan-2013 17:07) Posted:

Chants given out enough already.... only the fated one will use it wisely....enjoy...

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As long as you are comfortable.

srichipan ( Date: 08-Jan-2013 18:51) Posted:

i see. thanks! i probably re-enter once it cross 0.90. Just to be safe

Peter_Pan ( Date: 08-Jan-2013 18:46) Posted:

If they are going for strong buying, any short positions are a conflict of long positions

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Also the ASX listing plans if goes through, AusGroup shareholders stand to gain as the industry average forward P/E on the ASX is10x versus AusGroup’s 5.4x today. This represents a clear near-term catalyst.

DMG

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AusGroup: Tiptoe into the new year (BUY, S$0.585, TP: S$0.755)

Lee Yue Jer (+65 6232 3898, yuejer.lee@sg.oskgroup.com)

Today, AusGroup greeted the New Year softly with a A$13m contract

announcement for fabrication work with Fugro-TSM for Woodside’s Greater

Western Flank (GWF) project. We are maintaining our Buy call with a TP of

$0.755.

Project details. The project is for the fabrication of post metrology subsea spools

for the first phase of the project which will commence immediately for a period of

12 months. This is expected to create work for 30 new staff based at the

Australian Marine Complex. The A$2.5b GWF Phase 1 project is an extension of

the North West Shelf project, and will develop the Goodwyn GH and Tidepole

fields.

Small contracts have a way of growing. We are not worried about the small

dollar value of this contract. In Australia, it is common business practice to enter

into a project with a small amount of work, and later as the quality of work is

deemed satisfactory, more contracts will be awarded to the contractor. We expect

this contract to grow in the same pattern.

A$271.1m outstanding order book today. This is equivalent to about 4.4

months of work by our FY13F revenue forecast. Though slightly low, we

understand this to be the period where contracts start flowing in. Case in point: At

end-FY11 AusGroup had a A$264m order book, and went on to deliver A$632m of

revenue in FY12.

Maintain Buy with TP $0.755. Our TP is based on 9x FY13F EPS, which we

believe to be a conservative multiple for the 33% EPS growth we are projecting on

top of last year’s record A$23.3m profit. Today’s close of $0.585 values AusGroup

at a historical/forward P/E of 9.4x/7.0x, a P/B of 1.3x, and a FY13F EV/EBITDA of

3.0x.

In contrast, Singapore-listed comparable Civmec is trading at 19x historical EPS,

and a P/B of 6.4x. We believe that there is plenty of upside for AusGroup to close

these valuation gaps.

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If they are going for strong buying, any short positions are a conflict of long positions.

srichipan ( Date: 08-Jan-2013 18:39) Posted:

yah. foreign houses buying means shortist converted?

Peter_Pan ( Date: 08-Jan-2013 18:33) Posted:

I have already said earlier, foreign houses are buying this stock. In fact, not only foreign houses, local houses are also buying big time

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I have already said earlier, foreign houses are buying this stock. In fact, not only foreign houses, local houses are also buying big time.

srichipan ( Date: 08-Jan-2013 18:26) Posted:

I used to vest in this counter but ran out of patience when I see shortists in it. i know its dangerous but ppl out there are doing it. just look at the chart. it hits 0.86 twice and got shot down immediately.

So i'm curious how you know they have converted

Peter_Pan ( Date: 08-Jan-2013 18:19) Posted:

It is highly dangerous to short this stock. Don't believe, can try

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Still have other stocks you can consider, don't have to buy this one if you are concern.

Tropical ( Date: 08-Jan-2013 16:30) Posted:

u mean tmr or what? what is the tp for this stk?

Peter_Pan ( Date: 08-Jan-2013 16:28) Posted:

Wait for the morning scenario, but unlikely

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It is highly dangerous to short this stock. Don't believe, can try.

srichipan ( Date: 08-Jan-2013 17:40) Posted:

how do you know?

Peter_Pan ( Date: 08-Jan-2013 17:38) Posted:

Shortists have converted.

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Shortists have converted.

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Note.

Peter_Pan ( Date: 08-Jan-2013 10:40) Posted:

Near term target 0.60. Break target, look for near 0.70.

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Wait for the morning scenario, but unlikely.

Tropical ( Date: 08-Jan-2013 16:26) Posted:

how dip? am no good at looking at chart.

whereru ( Date: 08-Jan-2013 16:24) Posted:

this is just the start, buy on dips to get on the boat....

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How come morning you don't buy?

Tropical ( Date: 08-Jan-2013 15:53) Posted:

can enter now 0.595? Smiley

Peter_Pan ( Date: 08-Jan-2013 15:46) Posted:

Be patient and wait for the next round of bull-run

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Be patient and wait for the next round of bull-run.

whereru ( Date: 08-Jan-2013 15:43) Posted:

yeh, up up and away!!!

Peter_Pan ( Date: 08-Jan-2013 15:40) Posted:

Please note: Positioned for more projects from the A$2.5 billion GWF Phase 1 project.

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Further upside to near 0.70 is highly likely now.