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Cosco Corp Singapore ST: rebound expected.
Update on supports and resistances.
Pivot: 0.735 Our preference: Long positions above 0.735 with targets @ 0.868 & 0.907 in extension. Alternative scenario: Below 0.735 look for further downside with 0.7 & 0.665 as targets. Comment: technically, the RSI is above its neutrality area at 50. Key levels 0.945 0.907 0.868 0.795 last 0.735 0.7 0.665 Copyright 1999 - 2013 TRADING CENTRAL 
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Midas ST: the upside prevails as long as 0.461 is support
Our preference: the upside prevails as long as 0.461 is support.
Our pivot point is at 0.461. Our preference: the upside prevails as long as 0.461 is support. Alternative scenario: below 0.461, expect 0.436 and 0.421. Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day MA (respectively at 0.48 and 0.48). Supports and resistances: 0.55 * 0.535 ** 0.52 0.485 last 0.47 0.461 ** 0.436 * Copyright 1999 - 2013 TRADING CENTRAL 
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Daily shares buy back :
24/9 : 950K
Total to date : 3.164M
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ASEAN PropertyPulse - Albedo for S$774m RTO...
■ Albedo and Malaysia tycoon strike S$774m RTO deal
■ BI affirms loan restrictions but actively trying to support Rupiah
■ Hard to find mass market condo unit under S$1,000psf
■ More couples apply for flats before marriage
Albedo and Malaysian Tycoon strike S$774m RTO deal
■ Malaysian tycoon Danny Tan is acquiring Albedo Ltd in a proposed $774.14m reverse takeover (RTO) deal that will transform the Singapore-listed company into a major property developer in Iskandar, Malaysia's special economic zone in the state of Johor.
■ Under a conditional sale and purchase agreement entered into on Thursday, Albedo will acquire the entire issued capital of Reflections Oasis Inc for $774.14m. The vendor is Infinite Rewards Inc, a company that is fully owned by the younger Mr Tan and three children. Mr Tan owns 94% of Infinite Rewards while the three children own 2% each.
Mr Tan is behind many high-profile projects in Peninsular Malaysia such as Berjaya Times Square and has been ranked by Forbes as the 23rd richest person in the country. He is also the controlling shareholder and group executive vice-chairman of Tropicana Corp, a property developer listed on the mainboard of Bursa Malaysia.
■ As consideration, Albedo will issue 34.55bn new shares representing about 95% of its enlarged issued capital at around 2.24 Singapore cents each to Infinite Rewards Inc. The stock of Albedo, which was hovering around two Singapore cents before the plan was first made public in August, has since rallied to above seven cents before pulling back 0.9 cent yesterday to end trading at 6.7 cents. The stock topped the actives list with almost 1.2bn shares changing hands yesterday.
■ Reflections Oasis Inc is in the process of acquiring seven parcels of land with a total area of 267.8 hectares in Gelang Patah, Johor. The agricultural sites have been earmarked for commercial, industrial and residential development. Based on a valuation by Knight Frank Malaysia Sdn Bhd, the total market value of the properties is about RM2.71bn (S$1.07bn) as at Aug 30, 2013.
Albedo and Infinite Rewards are also negotiating for the inclusion of two parcels of land of about 94ha in the agreement.
■ Albedo said steel trading is expected to remain challenging. In 2012, it made a net loss of $1.37m as revenue dipped to $15.22m. In the first half of this year, it remained in the red, with a net loss of $205,000. Albedo will sell its current operating business to its chief executive officer and founder Tai Kok Chuan or his nominees. As Infinite will end up with a 95% stake of the enlarged Albedo, the latter intends to seek independent shareholders' approval for a whitewash resolution at an extraordinary general meeting. Infinite will also be applying to the Securities Industry Council for a waiver to make a general offer.
In addition, Albedo also plans to consolidate 17 shares into one to meet the Catalist rule that the issue price of each share must be at least 20 cents.
Religare comments:Iskandar continues to see a steady inflow of investments and this latest transaction is likely to provide another avenue for investors looking for Iskandar plays. Iskandar?s price relative to Singapore remains very affordable, and this could likely continue to drive investment demand there. We would continue to play the Iskandar theme through Crescendo (CCDO MK), which has over 1,500acres of land bank in Iskandar bought at low valuations (as low as RM7psf).
The stock trades at book (not revalued) and the company has also started its share buy-backs program. 2Q result is due out end of Sept and likely to outperform last year?s by large margin. Stock is trading at ~60% discount to our conservative RNAV ? multi bagger from here, in our view. (Read Report)
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Be patient! Due date very near !!
Don't forget this is the hen that lays Golden eggs !! Lol......
Shirleyfong88888 ( Date: 23-Sep-2013 12:33) Posted:
Oh dear! Still hve 3 lots.
Not manage 2sell any last Friday 😞 |
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Slow and steady wins the race!
Last minute cheong arhhhhh!! Lol......
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By Julia Leite & Maria Levitov - Sep 24, 2013 5:54 AM GMT+0800
Stock Chart for Apple Inc (AAPL)
Emerging-market stocks rose after a report showed that a gauge of Chinese manufacturing increased to a six-month high. Technology companies climbed, led by Apple Inc. (AAPL)?s suppliers, amid optimism over new iPhone sales.
The MSCI Emerging Markets Index added 0.3 percent to 1,016.30, extending a three-week gain. The Shanghai Composite Index advanced 1.3 percent as GoerTek Inc. (002241), an Apple supplier, surged the most in a month. Brazil?s Ibovespa (IBOV) snapped a two-day slide as Banco Santander Brasil SA led gains in financial stocks after Citigroup Inc. said it?s ?bullish? on the country?s banks. Indonesia?s rupiah paced losses in currencies on speculation local companies are boosting dollar purchases.
Stocks advanced amid optimism that China?s economic growth is picking up, boosting Premier Li Keqiang?s odds of meeting the year?s 7.5 percent expansion goal. The preliminary reading of 51.2 for a Purchasing Managers? Index released today by HSBC Holdings Plc and Markit Economics compared with a 50.9 median estimate from 14 economists surveyed by Bloomberg News.
?The number was very good, much better than expected,? Paul Christopher, the St. Louis-based chief international strategist at Wells Fargo Advisors, said in an interview at Bloomberg?s headquarters in New York. His firm oversees about $1.3 trillion. ?We had been expecting China to do better in the second half, and that?s coming true.?
Technology and consumer discretionary shares led gains among the 10 industries in the MSCI Emerging Markets Index. The measure for developing markets trimmed this year?s decline to 3.7 percent, trading at 10.7 times projected earnings, according to data compiled by Bloomberg. That trails the 14 valuation of the MSCI World Index.
Emerging ETF
The iShares MSCI Emerging Markets Index exchange-traded fund advanced 0.4 percent to $42.23. The Chicago Board Options Exchange Emerging Markets ETF Volatility Index, a measure of options prices on the fund and expectations of price swings, slipped 2 percent to 23.09.
Brazil?s Ibovespa gained as Santander added 2.9 percent. The benchmark gauge will reach 60,000 by the end of the year and to 64,000 in 2014, boosted by the U.S. Federal Reserve?s decision to delay tapering of its bond-buying program and by better-than-forecast economic data in Brazil, Citigroup analysts wrote in a report.
Russian stocks declined for a second day as JPMorgan Chase& Co. reduced the nation?s equities to the equivalent of sell on declining crude prices. OAO Rosneft, Russia?s biggest oil producer, dropped 1.3 percent. JPMorgan upgraded equities in Turkey, Peru and South Africa, saying the Fed?s decision to keep monetary stimulus intact would spur emerging-market stocks for the rest of the year.
?Happy Days?
?The Fed is allowing investors to ?temporarily? relive the happy days of QE-driven EM bonds and equities,? JPMorgan said in the report. ?The switch to bullish EM equities was built on bearish positioning and improving cyclical data in EM.?
Chinese shares climbed the most in two weeks as the bourse resumed trading after a two-day holiday last week. GoerTek jumped 6.2 percent, the most since Aug. 8. Apple sold 9 million iPhones in the weekend debut of two new models, almost double the previous record, and predicted that quarterly revenue would be at the high end of its previously projected range.
The Taiex Index rallied to the highest level since May 29, led by Taiwan Semiconductor Manufacturing Co.
Indian (SENSEX) stocks posted the biggest two-day loss in a month on concern the central bank may take more steps to quell inflation after unexpectedly increased borrowing costs last week. State Bank of India plunged 5.3 percent, sending the S& P BSE Bankex to its biggest retreat in three weeks.
Indonesia?s rupiah fell the most in more than a week amid speculation local companies are boosting dollar purchases to meet month-end debt and import payments.
The premium investors demand to own emerging-market debt over U.S. Treasuries rose two basis points, or 0.02 percentage point, to 317 basis points, according to JPMorgan Chase & Co.
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Budget battle weighs on stocksBy CNNMoney Staff @CNNMoneyInvest September 23, 2013: 4:27 PM ET
Click the chart for more stock market data.
NEW YORK (CNNMoney)
Is the September rally over? Investors were acting cautiously Monday as lawmakers in Washington continue to battle over a budget deal.
The Dow Jones industrial average, S& P 500 and Nasdaq declined modestly.
Unless a compromise is reached during the next week, the government is poised to shut down at the start of October. While investors don't typically worry too much about a shutdown, the political wrangling and gridlock ahead of the budget, as well as the looming debt ceiling deadline may cause some volatility in markets, according to experts.
" We suspect a budget showdown in Washington will likely weigh on global markets for the next several weeks," said Craig Johnson, senior technical research strategist at Piper Jaffray. But he added that any weakness in stocks would be a buying opportunity, as he doesn't believe either Democrats or Republicans would let the country default on its debt.
The budget fight overshadowed positive global economic news, as new data from HSBC showing China's manufacturing sector expanded at the fastest pace in six months.
Related: How a shutdown could affect the economy
The Federal Reserve also remained in focus, following last week's decision to hold off on its plans to taper its bond buying program.
In a speech Monday, New York Fed President William Dudley said he would " like to see news that makes me more confident that we will see continued improvement in the labor market" before cutting back on the central bank's stimulus program.
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World Markets
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 0.91% and the IPC rose 0.22%. The S& P 500 lost 0.47%.
North and South American Indexes
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其 实 云 姐 的 答 案 也 很 有 创 意 !
guoyanyunyan ( Date: 23-Sep-2013 16:37) Posted:
| 我 也 不 晓 得 对 不 对 呢 ！ 等 着 万 弟 宣 布 答 案 。 |
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答 案 是 : 旡 齿 之 人 ! 哈 哈 哈 ...........
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是 的 ！ 这 是 谁 的 智 慧 齿 ?
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The Four Levels of Wisdom
The man who knows and knows he knows is wise. Fellow him.
The man who knows and knows not he knows is asleep. Wake him.
The man who knows not and knows he knows not is a student. Teach him.
The man who knows not he knows not is a fool. Shun him.
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Singapore Press Holdings - Deflated dividend expectations
SPH?s FY13 dividends could fall short of FY12?s 24 cents due to weak ad revenue and the loss of 30% of its property earnings. But one should not be negative on SPH as the S$757m raised from SPH REIT should compensate if management successfully develops new retail malls.
We reduce FY13-15 EPS by 2-13% for weaker ad revenues and the 30% fall in property earnings following the injection of two assets into the REIT. SPH remains a Neutral as potential dividend headwinds are balanced by S$757m cash proceeds that management is looking to deploy. Our SOP target price falls due to the payout of the 18 ct special dividend and a lower value for the core media operations after the EPS cuts.
" We will endeavor to provide the REIT a choice of well- located and high quality retail malls."
? Dr. Lee Boon Yang, Chairman
Regular dividends may be lower than FY12?s 24 cents
We think there is a strong possibility that FY13-14 dividends (excluding 18cts special dividend) could be cut if management does not raise the payout ratio. FY13 core earnings are likely to come in around 13% lower than FY12 because of weak advertising revenues. 9M13 is already 13% lower yoy and it is unlikely that the seasonally weak 4Q13 can make up for the shortfall.
Even if the climate for advertisers picks up in FY14, it may not be able to offset the fall in earnings from the loss of 30% property income to SPH REIT. Furthermore, interest expense is set to rise as the overall cost of borrowing increases after the REIT transaction. The debt taken on at SPH REIT costs 2.4% and is estimated to increase SPH?s overall funding cost from 2.1% to 2.3%.
S$757m war chest
Dividend headwinds are tempered by the large cash pile that management raised from SPH REIT. It will presumably use the cash to develop new retail malls, which management has a good track record in. Paragon achieved 7% rental CAGR in FY03-12. Furthermore, having a platform to recycle capital allows SPH to bid more aggressively for land sites, knowing that it has a ready buyer.
Staying Neutral
We are keeping our Neutral call. SPH still offers 5.1% yield even if dividends are cut to 21 cents. This compares favourably with FCT?s 6.1% and CMT?s 4.9%, with the added kicker of S$757m of net cash proceeds raised) for SPH compared to 0.4x net gearing for FCT and CMT. (Read Report)
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My Market View
The views expressed here by the contributor does not belong to ShareJunction.
Straits Times Index back to uptrending mode a...
Contributed by Jay Chia
23-Sep
Straits Times Index back to uptrending mode again.
It was an exciting week for STI last week as everyone were waiting for the announcement of the tapering of US stimulus package. STI rallied strongly in anticipation of good news from the Fed meeting which broke STI to 3180 resistance level. The next 2 days was strike with cautiousness despite being able to continue to trade higher. There were optimism in the market but it was just lacking of further conviction during the 2 days. On Wednesday night, the Fed meeting was concluded and they announced to withhold the tapering. Market cheered for this decision which created a sharp right in all markets around the world. STI gained close to 58pts on Thursday immediately. However, on Friday, critics start to comment and the market started to digest the news again bringing new concerns. Price retrace slightly due to profit taking on Friday. Hence, for the week, STI closed at 3237 level with 117.23pts gains. For this week, will STI be able to sustain its rally? Or will STI continue to retrace this week?
Let?s find out from the chart.
Trend: Sideway but possible uptrend, 20ma up, MacD above 0
Support: 3220 (100 & 200ma), 3204 ? 3041 gap support, 3180 (50ma), 3130
Resistance: 3260, 3280, 3310
Observations:
Candlestick ?Short black candle with slight lower shadow.
Histogram ? Many Gs. No divergence signal.
RSI ? At 78.1%. Overbought. No divergence signal.
Stochastic ? At 87.7%. Overbought. Bearish crossover formed.
Bollinger Band ? Price at upper band. Band expanding.
Conclusion:
The strong bullish movement by STI had caught many by surprise as many were expecting bad news from the Fed meeting on Wednesday. STI ability to start the week strongly by breaking 3130 resistance level is already a first hint that STI will be able to form an uptrend movement. Further confirmation comes in when STI is able to stay above 3180 level on the next 2 days but its inability to show strong decisive candle for these 2 days were hinting cautiousness. It is only on Thursday where there was a strong decisive gap up movement which tells that STI will be going uptrend. Hence, STI will probably be forming a new uptrend currently but one element is still lacking, it will be the higher low formation.
The weakness in the mid-term indicators has proven that the downtrend momentum have lost and is reversing to uptrend momentum. Confirmation comes when the MacD line starts to break the centre line while RSI enters into overbought region. The 20ma line also started to curl up last week which further confirms the uptrend movement. However, the short-term indicators are not bullish. Stochastic is now trading in overbought position with bearish crossover being formed. This will likely to call for a short-term retracement which can allow STI to form its higher low formation. Therefore, STI?s underlying is currently bullish but short-term retracement is expected to happen this week
With short-term retracement expectation, it is important to identify where STI will form its higher low formation. Currently, STI is close to its immediate support level at 3220 level where it has multiple confluences. Furthermore, with its gap support range from 3204 ? 3241 levels, STI?s retracement action could merely be just a gap covering action. If STI decides to retrace beyond this support point, STI?s uptrend formation will still be intact. It will then be facing another strong support level at 3180 level which will be another level where STI can form higher low.
On the other hand, as STI is now trading in the gap support level, it can also start to rebound immediately. If this happens, STI will be testing its immediate resistance level at 3260 level and might even attempt to break out and head towards next resistance at 3280 level. These 2 resistance levels will be likely target where STI can reach out within this week. However, with such sharp rise for the past few weeks, it will be unlikely for such scenario to happen without a higher low formation.
In conclusion, retracement action is more likely to happen for STI this week due to the overbought situation that it is in. STI will be doing its gap covering action which will likely to test the range of 3204 ? 3241 levels. This gap support range will be a good level for STI to form its higher low formation to setup for uptrend continuation. However, another good support level for STI to form higher low will be at 3180 support level. Breaking the recent high of 3260 level will be a confirmation point for more upside. Henceforth, retracement action this week will be a good opportunity to accumulate long positions to setup for uptrend movement.
What to watch out for this week:
1) Testing of 3204 ? 3041 gap support levels
2) Breaking of 3204 support level
3) Testing of 3180 support level
4) Breaking of 3260 resistance level
Trading strategy to adapt right now:
- Long traders should make use of the retracement opportunities to enter long positions.
- Shortists clear their short positions during this retracement.
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? Independent E& P player armed with potentially revolutionary exploration technology
? First mover advantage in ?seeing? oil gives it a head start in cherry picking attractive licences
? Potential multi-bagger as it buys assets cheap and spins off successful discoveries
? Initiate with BUY and S$1.27 TP catalysts to come from licence adds, oil hits
More than your average independent oil & gas E& P company
Rex International Holding (RIH) will have access to proprietary oil & gas exploration technologies, including Rex Virtual Drilling (VD), which uses resonance frequency theory to identify and characterise reservoirs in the areas to be drilled, thereby substantially lowering the chances of hitting a dry well.
RIH is positioned to capture the highest value in the E& P value chain through successful discoveries and limiting capex requirements in expensive offshore areas.
We estimate that the use of Rex VD could yield success rates in excess of 50%, compared to global average of around 15% using traditional methods, thus potentially boosting project ROIs to > 100%.
Diversified asset portfolio provides strong growth platform
The Group currently has stakes in 15 concession areas in mature oil & gas development areas - the USA, Caribbean, Norway, Oman and UAE - with plans to expand the portfolio further. The trust from partners and governments demonstrates the credibility of the technology, which has recently been further enhanced by validation from Norwegian partner North Energy, who reported an 85% success rate in using Rex VD to predict drilling results in 41 prospects over a 2 year time frame.
Initiate with BUY, expect catalysts from continuous positive news flow
Based on a sum-of-the-parts valuation using conservative chances of success, we arrive at a TP of S$1.27 for RIH, which implies close to 50% upside at current levels. Over the next 2 years, we expect RIH to rapidly add on to its licence portfolio, while also delivering on its drilling programmes at various regions, with the first well results from Oman likely in early-2014.
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? Independent E&P player armed with potentially revolutionary exploration technology
? First mover advantage in ?seeing? oil gives it a head start in cherry picking attractive licences
? Potential multi-bagger as it buys assets cheap and spins off successful discoveries
? Initiate with BUY and S$1.27 TP catalysts to come from licence adds, oil hits
More than your average independent oil & gas E&P company
Rex International Holding (RIH) will have access to proprietary oil & gas exploration technologies, including Rex Virtual Drilling (VD), which uses resonance frequency theory to identify and characterise reservoirs in the areas to be drilled, thereby substantially lowering the chances of hitting a dry well.
RIH is positioned to capture the highest value in the E&P value chain through successful discoveries and limiting capex requirements in expensive offshore areas.
We estimate that the use of Rex VD could yield success rates in excess of 50%, compared to global average of around 15% using traditional methods, thus potentially boosting project ROIs to >100%.
Diversified asset portfolio provides strong growth platform
The Group currently has stakes in 15 concession areas in mature oil & gas development areas - the USA, Caribbean, Norway, Oman and UAE - with plans to expand the portfolio further. The trust from partners and governments demonstrates the credibility of the technology, which has recently been further enhanced by validation from Norwegian partner North Energy, who reported an 85% success rate in using Rex VD to predict drilling results in 41 prospects over a 2 year time frame.
Initiate with BUY, expect catalysts from continuous positive news flow
Based on a sum-of-the-parts valuation using conservative chances of success, we arrive at a TP of S$1.27 for RIH, which implies close to 50% upside at current levels. Over the next 2 years, we expect RIH to rapidly add on to its licence portfolio, while also delivering on its drilling programmes at various regions, with the first well results from Oman likely in early-2014.
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谢 谢 云 姐 在 家 安 了 个 平 安 符 ,
从 此 一 家 大 小 平 平 安 安 ， 顺 顺 利 利 ！
大 家 一 起 发 ！ 
guoyanyunyan ( Date: 22-Sep-2013 12:16) Posted:
华 丽 姐 ， 六 妹 ， 万 弟 ， 赢 儿 弟 ...有 时 会 有 弹 药 不 多 的 情 况 ...送 给 你 们 先 天 八 卦 图 
助 大 家 趋 吉 避 凶 ， 弹 无 虚 发 ， 百 发 百 中 
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好 个 双 剑 合 壁 !
guoyanyunyan ( Date: 22-Sep-2013 21:06) Posted:
...如 果 我 在 56上 车 的 话 ， 按 照 95% exit rule， 也 是 在 ~54下 车 ， 似 乎 问 题 不 大 。
...你 可 以 用 华 丽 姐 的 ?耐 心 等 待 買 点 ， 非 折 扣 品 不 買 ！ ?的 建 议 试 试 看 ...
TofuLeg ( Date: 22-Sep-2013 20:29) Posted:
| 小 弟 星 期 四 看 着 WE holding the marekt depth. 以 为 57的 50m 卖 是 假 的 ， 在 56追 上 了 车 。 结 果 谁 知 道 庄 家 在 57就 分 赃 ， 结 果 在 54就 跳 车 了 。 哎 冲 动 是 魔 鬼 啊 ！ |
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华 丽 姐 的 戰 略 也 不 賴 ! 双 剑 合 併 打 天 下 !!
GorgeousOng ( Date: 22-Sep-2013 19:41) Posted:
By the way ... Those counters that I chased I lost money or made very little money!!!Heheee due to greed n excitement !!! Very bad!!!
Patiently wait for the price to come .... Is the best way to make money!!!
And you will win big big!!!
耐 心 等 待 買 点 ， 非 折 扣 品 不 買 ！
My simple trading method
Starts
Buy at S1 .....1/3 bullets
Buy at below S1...2/3 bullets
Buy at S2....3/3 bullets....Hoot
Sell at R1
Cheers!!!
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