You will still owe the company money if you over-leveraged and the stock moves against you.

I told you people have gone bankrupt playing with CFDs. 

Just be careful with CFD. The more you hold, the more you are exposed to market volatility. Sometimes you trade outside your means.

At some point i felt like i was actually gambling instead of investing. That s when i pulled out and tried to cool my head. =) greed consumes people!!!

My 80% in Genting ... this news is scary. OMG.

Do i reduce holdings now ?

Now, GSP at 2.29.

Yah AK regretted liao, almost putting all d eggs into GSP's bucket. Wat a waste, didn't sell when it was 2.37.  Now, dun know wat to do, though sell now still make hunderd over K? Really big wok. Hope, tomorrow no Tsunami as mentioned earlier. Cheers for all d support.

Tags: Noble Group

WRITTEN BY DOW JONES & CO, INC

WEDNESDAY, 10 NOVEMBER 2010 11:06

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Noble Group (N21.SG) +1.4% at $2.16, bucking falls in other Singapore-listed commodity plays, on hopes earnings momentum will remain strong after 3Q10 results beat expectations.  CIMB, which has Outperform call with $2.45 target, tips higher commodity prices, acquisitions as catalysts for shares; adds, USD weakness “supportive of higher commodity prices” while continued low interest rates “supportive of earnings-accretive acquisitions.”    Nomura, which has Buy call with $2.52 target, expects strong growth momentum in supply chain manager’s energy, agriculture businesses to continue next year; “Noble should be a key beneficiary of an improving macro environment and a spike in cyclical commodity prices on the back of QE2.”    3Q10 earnings +19.0% on-year at US$157.2 million ($202.6 million) vs US$132.0 million tipped in Dow Jones poll on record US$14.9 billion revenue (+79.0%). Orderbook quotes suggest price unlikely to clear $2.20.

Tags: Singapore Land

WRITTEN BY DOW JONES & CO, INC

WEDNESDAY, 10 NOVEMBER 2010 14:15

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail CIMB upgrades Singapore Land (S30.SG) to Outperform from Neutral, raises target price to $8.54 from $7.28 after increasing FY10-12 EPS estimates by 8%-16% to reflect stronger revenue contributions from property group’s hotels, residential project The Trizon.  Tips company as beneficiary of improving Singapore office sector; “with the strengthening office market, management expects demand for office space to improve.”    Adds, valuations not demanding with stock trading at 29% discount to RNAV estimate.    Shares +0.7% at $7.22.

Tags: Singapore Land

WRITTEN BY DOW JONES & CO, INC

WEDNESDAY, 10 NOVEMBER 2010 14:15

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail CIMB upgrades Singapore Land (S30.SG) to Outperform from Neutral, raises target price to $8.54 from $7.28 after increasing FY10-12 EPS estimates by 8%-16% to reflect stronger revenue contributions from property group’s hotels, residential project The Trizon.  Tips company as beneficiary of improving Singapore office sector; “with the strengthening office market, management expects demand for office space to improve.”    Adds, valuations not demanding with stock trading at 29% discount to RNAV estimate.    Shares +0.7% at $7.22.

Tags: Credit Suisse | Noble Group

WRITTEN BY DOW JONES & CO, INC

WEDNESDAY, 10 NOVEMBER 2010 14:35

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Credit Suisse upgrades Noble Group (N21.SG) to Outperform vs Neutral, raises target to $2.55 vs $1.65, given expectations of stronger 4Q, 37% EPS growth in FY11. Says Noble’s 3Q10 results “were strong, with 9-month earnings achieving 76%/78% of consensus/our FY10 estimates.”  Adds, 178% on-quarter jump in core earnings supported by normalisation of SGA costs (down 17% on-quarter) driven by strength in the agricultural, energy segments, which generated 87% of total profit.    Says tie-up with Berau Coal in Indonesia should in aggregate support expansion of energy pipeline going forward; raises forecasts by 7%-13% on stronger volumes, margin assumptions.    “We see opportunities for Noble to utilise its strong balance sheet with the announcements of further earnings-enhancing deals.”    Shares +3.3% at $2.20.

Thank you Zentarius & BT for the clarification

Now i know how it works.

Tags: Golden Agri-Resources | OCBC Investment Research

WRITTEN BY THE EDGE

TUESDAY, 26 OCTOBER 2010 15:15

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail OCBC Investment Research in an Oct 26 research report says: "Golden Agri Resources (GAR) is likely to see a pretty decent 3Q10 performance, aided by the recovery in CPO (crude palm oil) prices in the later half of the quarter as well as higher CPO output from its estates. "As a recap, CPO prices have recovered sharply from an average of US$791/ton in 2Q10 to around US$821/ton; and we may see further room for earnings upside in 4Q10 as well, given that CPO prices are now hovering around US$900/ton. In view of the still upbeat outlook for CPO, we are raising our CPO assumptions for both FY2010 and FY2011 and we now expect prices to average around US$825/ton and US$860/ton respectively (versus US$800/ton). "While bearing in mind the potential rise in export taxes, we also raise our earnings estimates for FY10 by 5.6% and for FY11 by 14.0%. As a result, our fair value improves to 78 cents. MAINTAIN BUY."

Tags: Genting Singapore

WRITTEN BY DOW JONES & CO, INC

WEDNESDAY, 10 NOVEMBER 2010 15:05

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Singapore shares likely to remain under water for rest of session as participants generally staying out after selling. STI off 0.5% at 3,295.86, expected to end above 3,257 (Nov 8 low), snapping 8-session winning streak. Market breadth still at 2 decliners for every gainer.  “A close in the negative region wouldn’t be out of place considering the recent good run. Conditions are still favorable for stocks to climb in the near-term,” says trader at local brokerage.  Most FTSE ST sub-indexes down, with S-chips, penny stocks among worst performers; FTSE ST China Index down 2.3%, FTSE ST Catalist Index off 2.3%. Genting Singapore (G13.SG) most heavily-traded in market, off 3.4% at $2.27, ahead of 3Q10 results due tomorrow.

Tags: Credit Suisse | Genting Singapore | Resorts World Sentosa

WRITTEN BY DOW JONES & CO, INC

WEDNESDAY, 10 NOVEMBER 2010 14:45

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Genting Singapore (G13.SG) down 3.4% at $2.27 as investors book gains after yesterday’s run-up to multi-year $2.35 high while waiting for tomorrow’s 3Q. Results will determine whether 83.6% rally since gaming group’s return to profitability in 2Q10 is justified. Most analysts expect sequential decline from 2Q10’s $396.5 million net profit as rival Marina Bay Sands casino-resort expected to have grabbed some gaming market share from Resorts World Sentosa.  “With only two quarters of financial results in the bag, we hope the upcoming 3Q10 results will shed more light on a sustainable run rate for Genting Singapore,” says Credit Suisse, which has Outperform call but retains $1.68 target pending results; “4Q is typically a peak period for tourism due to year-end school holidays and festivities, and we expect Genting Singapore to be a prime beneficiary.”    Near-term support at $2.10 (Oct. 27 low).

Which is why I still believe in a diversified portfolio. 

I think this is a cliche but still worth mentioning.

Don't put all your eggs in one basket.