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ADVANCE SCT LIMITED
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singaporegal
Supreme |
29-Oct-2006 17:55
Yells: "Female TA nut" |
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Agree.. All indicators point to a downtrend. |
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rogue_trader
Master |
29-Oct-2006 17:44
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From a noob TA point of view, Bollinger Bands: Downtrend as it had crosses below the "middle line" RSI: Flat William %R: Indicate oversold positions MA Crossover: Downtrend signs A/D Lines: Downtrending Chaikin: Downtrending |
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gho485
Senior |
29-Oct-2006 17:01
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anyone keen to share his/her view on this counter. it has come off about .06cts since reaching the high..is this a downtrend for this counter? any potential upside? | ||||||||||||||||||||||||||||||||
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Nostradamus
Supreme |
20-Oct-2006 17:10
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I think it may have topped at $0.56. It had a good run this year, so time to take profit. | ||||||||||||||||||||||||||||||||
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shinmark
Member |
20-Oct-2006 14:42
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Any news lately on this counter? Thanks. | ||||||||||||||||||||||||||||||||
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Nostradamus
Supreme |
12-Oct-2006 00:26
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Copper rose, snapping a two- day slump, on speculation supplies from mines won't keep up with growing demand, forcing consumers to rely on limited inventories.
Labour strikes slowed output growth this year to a gain of 2.2%, compared with 3.4% last year, Standard Bank said in a report yesterday. Prices have surged 71% in 2006. Inventories monitored by the London Metal Exchange have dropped 15% from this year's peak in March, leaving stockpiles at 113,900 metric tons, less than three days of global consumption. Copper for delivery in three months gained 1.3% to US$7,525 a metric ton on the LME. Prices fell 0.4% in the previous two days. Copper futures for December delivery rose 1.5%, to US$3.4275 a pound on the Comex division of the New York Mercantile Exchange. Prices are up 87% from a year ago. A futures contract is an obligation to buy or sell a commodity at a set price for delivery by a specific date. "Over the next few years, the mining companies are going to produce an amount of copper that is not sufficient to drive the copper price back down to its traditional levels given the level of demand," Brian O'Shaughnessy, chief executive officer of Rome, New York-based Revere Copper Products Inc. said in an interview in London today. |
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Nostradamus
Supreme |
06-Oct-2006 11:42
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Shares of Hua Yi Copper Holdings <0559.HK> jumped as much as 23% on Friday morning after the firm reported a six-fold rise in average monthly profit to HK$7.53 million in the year to end-June. The China-based copper wire and rods maker made a net profit of HK$90.30m for the fiscal year ended June thanks to China's strong demand for copper wire and rods, despite high metal prices, it said in a statement late on Thursday. It posted a record turnover of HK$1.51b for 2005/06. While its earnings per share climbed to 13.66 Hong Kong cents from 4.26 cents, the company said the 2005/2006 results were not directly comparable to those in the previous year. "During the period, supply of copper remained tight ..., resulting in soaring copper prices. Keen demand brought in more orders for the group and gave it stronger price bargaining power," chairman Chau Lai Him said in the statement. Hua Yi, which is 60%-owned by Solartech International Holdings Ltd, would pay a final dividend of 2.5 HK cents per share, in addition to an interim dividend of 1 HK cent. The international benchmark copper prices Looking ahead, the company said it expected robust growth in China's demand for copper and related products. Hua Yi's annual production capacity would reach 164,000 tonnes, compared with existing capacity of 66,000 tonnes, when all of its new factories began operation. It gave no exact time frame. It had set up a copper pipes joint venture with Zijin Mining Group Co. Ltd, China's second-largest gold miner that owns also copper. Its capacity would be 10,000 tonnes. The company has launched a plant in the eastern province of Jiangsu for higher value-added products, such as tin-coated copper wires, with an annual capacity of 10,000 tonnes. Hua Yi was also expanding its copper recycling business, which had capacity of 78,000 tonnes. Its Dongguan plant in the southern province of Guangdong was completed in September. It would recycle import used motors, electrical wires and cables. |
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Nostradamus
Supreme |
06-Oct-2006 10:26
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allantanhc
Veteran |
05-Oct-2006 20:57
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Ha! Very good. Closing at $0.535. Should "cheong" some more tomorrow. Agree that $0.57 is within reach liao. Cheers to Nostradamus! Cheers to those vested in Adv SCT! | ||||||||||||||||||||||||||||||||
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Nostradamus
Supreme |
05-Oct-2006 13:14
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Cheonging again. My target of $0.57 will be reached pretty soon. | ||||||||||||||||||||||||||||||||
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allantanhc
Veteran |
03-Oct-2006 16:13
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Strong momentun today. There is more upside for this stock. Can load up some more. | ||||||||||||||||||||||||||||||||
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Nostradamus
Supreme |
03-Oct-2006 11:03
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Broke previous record of $0.51. Some big boy eating.
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Nostradamus
Supreme |
26-Sep-2006 19:41
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PS said it has raised its fair value to $0.57 based on the company's higher earnings outlook over the next two years. "We have adjusted our years to June 2007 and 2008 net profit (estimates) up by 11% and 7% to factor in higher revenue and margin assumption for the Kunshan facility and higher other income, which includes management/consultation fees," PS analyst Chang Kok Keong said in a note. PS now expects it to post $11.6m net profit for the year to June 2007 and a $13.6m net profit the following year. The company reported a $3.6m net profit in the year to June 2006. Chang said the forecasts do not include about $3.3m in exceptional gains that will be generated from the reverse listing of Malaysian firms CNA Manufacturing Sdn Bhd (CNA) and PNA Technologies Sdn Bhd (PNA) through Green World Holdings Ltd, a unit of AdvSCT. The forecast for the year to June 2008, meanwhile, has yet to incorporate any contribution from AdvSCT's copper refinery, which may chip in between $0.7m and $1.7m to the group's net profit, Chang said. |
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Nostradamus
Supreme |
21-Sep-2006 00:06
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Hi hippoo and alormama, A married deal is a transaction that is done off-market. With big purchasers buying 9.5m shares, must be institutional players. I believe there's more upside. |
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alormama
Member |
20-Sep-2006 19:51
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Hi Nostradamus In your view, anymore upside potential in near term? |
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hippoo
Member |
20-Sep-2006 18:41
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Hi, could you share, what is a married deal? Thanks |
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hippoo
Member |
20-Sep-2006 18:38
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Hi, could you share, what is a married deal? Thanks |
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Nostradamus
Supreme |
20-Sep-2006 17:38
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Another 2 married deal of 1.5m shares at $0.43. | ||||||||||||||||||||||||||||||||
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Nostradamus
Supreme |
19-Sep-2006 10:28
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Another married deal of 7m shares at $0.45. | ||||||||||||||||||||||||||||||||
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Nostradamus
Supreme |
19-Sep-2006 00:03
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Very high volume today. A married deal of 1m shares done at $0.43. Could be institutional buyer. More upside. | ||||||||||||||||||||||||||||||||
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