Latest Posts By yipyip
- Master
About yipyip
|
|
| 22-Oct-2007 23:41 |
Straits Times Index
/
STI
 Go to Message
|
 x 0
 x 0
|
Turkish troops, weapons head toward Iraq By VOLKAN SARISAKAL, Associated Press Writer http://news.yahoo.com/s/ap/20071022/ap_on_re_mi_ea/turkey |
| Good Post Bad Post | |
| 19-Oct-2007 15:50 |
Federal Int
/
Federal
Go to Message
|
|
x 0
x 0
|
News update from The Business Times October 19, 2007, 10.33 am (Singapore time) Oil near new US$90 high as dollar sinks Oil held firm within sight of its new US$90 high on Friday as another slump in the US dollar to a record low and rising fears over pre-winter fuel stocks lent support to an over 13 per cent surge in under two weeks. US light crude for the soon-to-expire November contract ticked up 5 cents to US$89.52 a barrel by 0049 GMT, following a hefty gain of US$2.07 a barrel on Thursday's close...................................... Article from DMG: Oil and gas based co. with good record order books running for the next few years. Prospects shine as oil prices continue growing to new highs. Federal TP:1.05 Rotary TP:1.80 Labroy Marine Swiber Aqua-Terra TP:0.70 KS Energy TP:4.20 |
| Good Post Bad Post | |
| 19-Oct-2007 15:48 |
Aqua-Terra
/
Marine stocks
Go to Message
|
|
x 0
x 0
|
News update from The Business Times October 19, 2007, 10.33 am (Singapore time) Oil near new US$90 high as dollar sinks Oil held firm within sight of its new US$90 high on Friday as another slump in the US dollar to a record low and rising fears over pre-winter fuel stocks lent support to an over 13 per cent surge in under two weeks. US light crude for the soon-to-expire November contract ticked up 5 cents to US$89.52 a barrel by 0049 GMT, following a hefty gain of US$2.07 a barrel on Thursday's close...................................... Article from DMG: Oil and gas based co. with good record order books running for the next few years. Prospects shine as oil prices continue growing to new highs. Federal TP:1.05 Rotary TP:1.80 Labroy Marine Swiber Aqua-Terra TP:0.70 KS Energy TP:4.20 |
| Good Post Bad Post | |
| 19-Oct-2007 15:45 |
Rotary Engg
/
Worth taking a look
Go to Message
|
|
x 0
x 0
|
News update from The Business Times October 19, 2007, 10.33 am (Singapore time) Oil near new US$90 high as dollar sinks Oil held firm within sight of its new US$90 high on Friday as another slump in the US dollar to a record low and rising fears over pre-winter fuel stocks lent support to an over 13 per cent surge in under two weeks. US light crude for the soon-to-expire November contract ticked up 5 cents to US$89.52 a barrel by 0049 GMT, following a hefty gain of US$2.07 a barrel on Thursday's close...................................... Article from DMG: Oil and gas based co. with good record order books running for the next few years. Prospects shine as oil prices continue growing to new highs. Federal TP:1.05 Rotary TP:1.80 Labroy Marine Swiber Aqua-Terra TP:0.70 KS Energy TP:4.20 |
| Good Post Bad Post | |
| 19-Oct-2007 15:43 |
KS Energy
/
KS Energy : Something happen!!!
Go to Message
|
|
x 0
x 0
|
News update from The Business Times October 19, 2007, 10.33 am (Singapore time) Oil near new US$90 high as dollar sinks Oil held firm within sight of its new US$90 high on Friday as another slump in the US dollar to a record low and rising fears over pre-winter fuel stocks lent support to an over 13 per cent surge in under two weeks. US light crude for the soon-to-expire November contract ticked up 5 cents to US$89.52 a barrel by 0049 GMT, following a hefty gain of US$2.07 a barrel on Thursday's close...................................... Article from DMG: Oil and gas based co. with good record order books running for the next few years. Prospects shine as oil prices continue growing to new highs. Federal TP:1.05 Rotary TP:1.80 Labroy Marine Swiber Aqua-Terra TP:0.70 KS Energy TP:4.20 |
| Good Post Bad Post | |
| 16-Oct-2007 07:35 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
Net gain on PROPOSED DIVESTMENT OF 6 SARKIES ROAD approximately S$20 million! Latest announcement from SGX http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F509B0AB8C4D8B3B482573750037E35C/$file/TAGL_Sarkies_Road.pdf?openelement |
| Good Post Bad Post | |
| 12-Oct-2007 00:06 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
THE ASCOTT GROUP LIMITED ( Incorpo rated in the Repub l i c of Singapo re) Compan y Re gi st rat ion No: 197900 881N ANNOUNCEMENT DATE OF RELEASE OF UNAUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2007 The Company wishes to announce that it will release its unaudited financial results for the period ended 30 September 2007 on Friday, 26 October 2007 before 7.30 a.m. By order of the Board Hazel Chew/Lam Chee Kin Joint Company Secretaries Singapore, 11 October 2007 http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_48BFA72772D010AA48257371000F415A/$file/TAGL_Date_3Q_Results.pdf?openelement |
| Good Post Bad Post | |
| 09-Oct-2007 23:57 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
News update..... The Business Times - October 9, 2007, 9.40 pm (Singapore time) Economy not overheating, inflation under control: PM Lee BUDAPEST, Hungary - Singapore Prime Minister Lee Hsien Loong on Tuesday said the country's economy was not overheating, with inflation under control despite firm economic growth....... .........Regarding Singapore's economy, Mr Lee said he did not believe it was 'overheating'. 'This year we expect 7 to 8 per cent growth. It's a good figure but at the same time inflation is well under control.' He acknowledged that property prices had increased rapidly and that there were shortages in office rentals, which the government was trying to solve by, for example, building interim office space. 'In the medium term we will have enough supply but in the short term there is a problem because so many businesses want to set up in Singapore,' Mr Lee said after officials from the two countries signed cooperation agreements on economic, scientific and educational matters. -- AP |
| Good Post Bad Post | |
| 08-Oct-2007 23:15 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
http://www.sharejunction.com/sharejunction/openNewChart.htm?symbol=A07 |
| Good Post Bad Post | |
| 08-Oct-2007 23:10 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
Stochastic Oscillator: "%K period 5 Days" is above "% D period 3 Days" now... |
| Good Post Bad Post | |
| 08-Oct-2007 07:40 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
Mean Rating is 2 (OUTPERFORM from 5 Analyst Recommendations-Reuters) http://stocks.us.reuters.com/stocks/recommendations.asp?symbol=ASOT.SI&WTmodLOC=L2-LeftNav-24-Recommendations |
| Good Post Bad Post | |
| 06-Oct-2007 15:02 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
Hi, anyone have the info for the divestment gain of Somerset Bayswater London and financial terms of the contract won-Tsesna Corp ? Mon Sep 24 03:49:00 EDT 2007 Reuters The Ascott Group Limited Completes Divestment Of Somerset Bayswater In London The Ascott Group Limited announced the completion of divestment by the Company's indirectly held joint venture companies (in which the Company has a 50% stake) of the property known as Somerset Bayswater located in London, United Kingdom. Tue Jul 31 14:11:00 EDT 2007 Reuters The Ascott Group Limited Announces Contract Win The Ascott Group Limited announced that it has secured management contracts for two prime serviced residences in Kazakhstan's capital city of Astana, and Aktau. The Company has been awarded the contracts by Tsesna Corporation. Financial terms were not disclosed. Tue Jul 17 14:53:00 EDT 2007 Reuters Capitaland Limited's Subsidiary The Ascott Group Limited Announces Completion Of Sale Of Hotel Asia The Ascott Group Limited a subsidiary of Capitaland Limited has announced that through its subsidiary, SH Malls Limited, had entered into a sale and purchase agreement for the sale of its freehold property in Singapore known as Hotel Asia for a total consideration of SGD147.0 million. The Company is pleased to announce that the Divestment was completed on July 17, 2007. http://stocks.us.reuters.com/stocks/keyDevelopments.asp?symbol=ASOT.SI&WTmodLOC=L2-LeftNav-12-KeyDevelopments |
| Good Post Bad Post | |
| 06-Oct-2007 14:41 |
Courage Marine
/
Courage Marine--- A courageous play
Go to Message
|
|
x 0
x 0
|
Highlighted in Green was mentioned about Courage Marine Published October 6, 2007- The Business Times State of the shipping industry By TEH HOOI LING SENIOR CORRESPONDENT RECENTLY I dropped in on Marine Money Asia Week, a conference that looked at the latest finance and investment opportunities for the shipping and oil service sectors. I sat through several sessions, and for someone not too familiar with the sector, they were useful in providing information to better understand the dynamics of the industry. So I thought I'd share some of the insights provided by conference speakers with BT readers this week. Dry bulk sector Merrill Lynch analyst Teddy Tsai presented a report on Asia-Pacific shipping. He sees the dry-bulk sector peaking in the fourth quarter of this year. Freight rates in the segment, measured by the Baltic Dry Index, have surged more than 200 per cent from the start of 2006 until now. Mr Tsai's model predicts the peak to be just above 7,500, easing subsequently to about 6,000. However, as of last week the index had broken above 9,000. He reckons temporary factors that have caused the surge in the BDI - such as port congestion and pent-up demand in China - will ease next year. And a significant supply of dry-bulk carriers will enter the market in 2009-2010. Mr Tsai's advice: Take profit on selected stocks and focus on growth-oriented plays. Meanwhile, London-based research firm Simpson, Spence & Young (SSY) noted that the total dry-bulk order book has surged to 160 million deadweight tons (dwt), with the bulk of deliveries taking place in 2010 as new shipyards come on stream. The orders are concentrated on the Capesize sector - ships too large to traverse the Suez or Panama canals (that is, larger than Panamax and Suezmax vessels). To travel between oceans, they must go around the Cape of Good Hope or Cape Horn. On the demand side, the Chinese ore trade is expected to sustain firm rates of growth in the Capesize sector. Based on expected demand and the order books, SSY reckons the supply of dry-bulk carriers will exceed demand by 2010. The number of dry-bulk vessels on order is equivalent to 40 per cent of the existing global fleet. But SSY said there are three uncertainties: One, the rate of growth in Chinese iron ore imports; two, the ability of greenfield shipyards to meet delivery dates; and three, the number of very large crude carriers (VLCCs) being converted to very large ore carriers (VLOCs). Right now, dry-bulk companies are enjoying boom times. And the participants in the dry-bulk panel discussion - Hong Kong-listed Pacific Basin Shipping, Oslo-listed Jinhui Shipping, Bangkok-listed Precious Shipping Public Company and Singapore-listed Courage Marine - all painted a picture of abundance. Said Khalid Hashim, managing director of Precious Shipping: 'We are in a super cycle. The dry bulk space is going to keep everyone in good spirits for the next 10 to 15 years.' But he admitted there will be corrections of one to two years in between. Typically, the upcycle is five to seven years. The current pick-up started in early 2003, making the cycle at the tail of the fifth year. Klaus Nyborg, deputy chief executive of Pacific Basin, said the engine for the dry-bulk market is China. Not like the tanker segment, where the engine is the US. Added Thomas Ng, managing director of Jinhui: 'As long as China continues to perform we will continue to do well.' Mr Nyborg said the Handysize segment - dry-bulk vessels of 15,000-50,000 dwt - is the most attractive. These vessels carry many different products and are not dependent just on iron ore. The average age of the global fleet is 17.8 years and a ship's expected useful life is 25 years. New orders are low relative to those for other types of vessels. So going forward, supply will not increase too significantly. According to Mr Nyborg, the current spot market net rate for Handysize is US$37,500 a day versus a vessel's cost of US$9,370 a day. Times are so good that if one owns a Panamax - a vessel with the maximum dimensions that can pass through the locks of the Panama Canal - one can pocket $20 million profit a year. And that's more than the profit made by a lot of Singapore-listed companies, said Hsu Chih-Chien, chairman of Courage Marine. Courage Marine operates 10 bulk carriers - five Handysize, two Handymax (typically 35,000-60,000 dwt) and three Panamax with a total tonnage of about 455,463 dwt. Mr Hsu is more conservative compared that his peers. He said the dry-bulk market will be good for the next two or three years but there is a question mark beyond that. As such, Courage intends to stick to its old and tested formula of buying second-hand vessels to enjoy the current cycle. 'We won't dare to take the market beyond two to three years,' said Mr Hsu. 'For new-building, the vessels will only be delivered in three to four years' time.' Even with second-hand vessels, he has reservations given the very high prices now, unless a deal is exceptionally good. Second-hand vessels are currently more expensive than orders for new-builds. Shipping trusts Another sector that is very bullish is shipping trusts. All three trusts listed on the Singapore Exchange - First Ship Lease Trust (FSL), Pacific Shipping Trust and Rickmers Maritime - are trading at a dividend yield in excess of 8 per cent. In comparison, shipping trusts in the US are trading at yields of about 6 per cent. Any yield compression in the trusts in Singapore will see significant price appreciation. For example, FSL is trading at a yield of about 10 per cent. A compression of yield to 7 per cent would mean a 50 per cent increase in its share price. Ashok Pandit, Deutsche Bank's head of South & Southeast Asia Equity Capital Markets, said the lack of appreciation of shipping trusts among investors here has kept their prices depressed despite their strong growth. It's the same in the US. Shipping trusts did not perform in the first six to 12 months after their market debut. Investors waited for them to develop a track record before bidding up the price. Similarly, shipping trusts in Singapore will need to demonstrate their ability to acquire earnings-accretive vessels. Of the three trusts in Singapore, Pacific Shipping and Rickmers are in the container segment. The former operates 10 vessels and the latter six, with 12 to be delivered. FSL is diversified. It has four container vessels, seven product and three chemical tankers, and two dry-bulk carriers. The panellists pointed out that unlike real estate investment trusts or Reits, where the underlying assets can appreciate in value over time, ships are depreciating assets. However, they can deliver sustained dividends. As the vessels are chartered out for seven to 10 years, they are not affected by the shipping cycle. DBS Vickers pointed out in a report that one of the short-term risks of shipping trusts in Singapore is the weak US dollar. 'All shipping trusts generate US$-based cashflows,' it said. 'In the case of Rickmers, which is S$ listed, the yield for FY08 can drop from 8.2 per cent to 7.8 per cent in the event that the US$ depreciates 5 per cent from current levels.' The writer is a CFA charterholder. She can be reached at hooiling@sph.com.sg |
| Good Post Bad Post | |
| 05-Oct-2007 23:01 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
News update... Reuters - Wall Street gains on jobs data, outlook |
| Good Post Bad Post | |
| 05-Oct-2007 22:14 |
Ascott
/
Ascott
Go to Message
|
|
x 0
x 0
|
Capitaland has back to above $8.00 level, Ascott would be the next soon... MACD start going up.. (TP $2.16 DBS Vickers refer Post on 11/Jul/07 "Ascott Rises on Jennie Chua's appointment " by deedee) News update.... The Business Times October 5, 2007, 8.54 am (Singapore time) UBS gives S'pore hospitality plays 'buy' rating SINGAPORE - UBS has initiated coverage on three Singapore hospitality plays with a 'buy' rating, citing bullish hotel rates and tourism-boosting projects such as the Formula One race and two casinos. 'We believe companies with residential, retail and office exposure are likely to outperform in the hospitality sector,' said UBS analyst Tata Goeyardi. UBS said Amara Holdings and Ascott Residence Trust were its top picks among owner-developers, with target prices of $1.22 and $2.20 respectively. The investment bank had a target price of $2.71 for CDL Hospitality Trusts, its top pick among hospitality trusts. -- REUTERS |
| Good Post Bad Post | |
| 03-Oct-2007 01:20 |
China Mining
/
Rising "SUN -- Sunshine ? (China Based Prop. Comp)
Go to Message
|
|
x 0
x 0
|
On 2/Oct: 7,299 lots traded @ 0.445~0.46, Last price done @ 0.425 for total of 15 lots only. Weighted AVG price is 0.4501 (9,537 lots) |
| Good Post Bad Post | |
| 02-Oct-2007 02:23 |
China Mining
/
Rising "SUN -- Sunshine ? (China Based Prop. Comp)
Go to Message
|
|
x 0
x 0
|
News update... The Business Times 1 Oct 2007 - New curbs won't cap home prices: analysts (SHANGHAI) Beijing's latest step to cool China's overheating housing market is likely to slow but not stall the persistent advance in housing prices.....cont But analysts said the measures would do little to cap property prices as demand from first-time home buyers remained robust and banks might not stick to the rules. Previous measures to rein in China's runaway property prices have virtually failed.......cont 'Most property investors are not heavily reliant on bank loans, and real demand for homes will still be strong,' said Li Huiyong, an analyst at Shenyin Wanguo Securities. It would also be hard for banks to tell whether a mortgage applicant is a first-time buyer because people who are determined to buy a second property could do so under the name of a friend or relative, analysts said........... Since 2005, China has raised interest rates, imposed new taxes, curbed investment from overseas and restricted lending to cool the property market, on concerns that if it overheats and subsequently collapses, it might endanger China's financial system, hurt its economy and fuel social unrest. But property price increases have accelerated this year, fuelled by excess liquidity from the country's widening trade surplus and inflows of hot money. Property prices in 70 major cities jumped 8.2 per cent in August from a year earlier, with prices going up 20.8 per cent in the southern boom town of Shenzhen and 12.1 per cent in Beijing....cont..... |
| Good Post Bad Post | |
| 02-Oct-2007 01:39 |
China Mining
/
Rising "SUN -- Sunshine ? (China Based Prop. Comp)
Go to Message
|
|
x 0
x 0
|
News update..... Greenspan suggests credit crisis may be close to ending - LONDON (AFP) 2 Oct 2007 |
| Good Post Bad Post | |
| 01-Oct-2007 11:01 |
China Mining
/
Rising "SUN -- Sunshine ? (China Based Prop. Comp)
Go to Message
|
|
x 0
x 0
|
Moving now ...~ Solid foundation Co. from it's disclosed past records, guess it will stay at approx 0.44 to 0.45 by end of the week |
| Good Post Bad Post | |
| 29-Sep-2007 18:34 |
China Mining
/
Rising "SUN -- Sunshine ? (China Based Prop. Comp)
Go to Message
|
|
x 0
x 0
|
Based on 21/Sep - Phillip latest RNAV 0.66, my est for this GEM would stand at median 0.43 to 0.52 by the end of Oct. And from 0.53 to 0.58 by mid Nov. On 20/Sep this counter break out from median 0.32 level and recovering it up trend. On 16/May Phillip's TP 0.50, from 27/Jul trend breakdown due to Sub-prime woes. On 16/May UOB KayH TP 0.50, trend breakdown as above. On 14/Mar Phillip's RNAV 0.47 TP was reached on 3/May. On 2/Mar UOB KayH TP 0.43 was reached on 13/Apr. |
| Good Post Bad Post | |
| First < Newer 741-760 of 807 Older> Last |