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MIIF
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Novocaine
Veteran |
22-Mar-2006 22:00
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hee..thanks 4 the input singaporegal..I am still learning..I agree its not yet trending up..dats y i say turning up..but agree with u..it can go either way..but my gut feeling is n i hope too dat it is going up!no reason not to..heh..:) |
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singaporegal
Supreme |
22-Mar-2006 21:56
Yells: "Female TA nut" |
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Hmmm... not too sure if its uptrending. The RSI has certainly reversed but I think its still too early to tell a trend. MIIF is certainly oversold but I think the price trend is still unclear. Could be either way. |
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Novocaine
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22-Mar-2006 18:43
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din get the bullish engulfing i was hoping 4...last min market close sell down..prob force selling..but strong buy ups seen... But still a doji candlestick today..stochs turning up with oversold crossover seen at 5/3..RSI turning up too.. To all vested and interested good luck! :) ps:Gallen u vested yet?:) |
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Novocaine
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22-Mar-2006 15:53
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Seems like Leisureworld..one of MIIF invested stakes is doing well n poised 4 growth too..Results announced today on SGX..Pls check it out.. Other results from NRME and the rest looks gd too..Div yield shld be sustainable on the upper side of forecast..8.5% at current price! Everything seems bright..so far so good.. Price will probably start picking up once rate fears settled.. Fundamentals solid.. Picked up more today..Bulls seems to be taking over from high buy ups!Praying for the best!:) |
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Novocaine
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22-Mar-2006 13:20
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MIIF looks poised for a trend reversal.. Stochs well below 20 and a positive divergence seems to be forming Price juz cut lower bollinger band ROC below 0 and turning up MACD not definitive yet though my gut feelings r a bullish divergence is on the cards and a possible bounce of signal line off 0.. RSI shows oversold at below 30 and is correcting from downtrend..possibly going up.. If a bullish engulfing happens today..wic is possible from strong buy ups..trend reversal is highly probable on the cards.. Just my two pence thots..thot i share.. Vested..:) |
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Gallen
Senior |
14-Mar-2006 00:05
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From SGX: HSBC INVESTMENT BANK HOLDINGS plc Open Market Purchase No. of Shares held before the change 63629000 As a percentage of issued share capital 4.972 % No. of Shares which are subject of this notice 1230000 As a percentage of issued share capital 0.096 % Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.01 No. of Shares held after the change 64859000 As a percentage of issued share capital 5.068 % |
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Gallen
Senior |
12-Mar-2006 16:08
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Extracted from my blog http://kelongstocks.blogspot.com [b]Fundamental Analysis[/b] This is more of a defensive yield play rather than a steadily appreciating growth stock, it is similar to buying a unit trust investing in infrastructure stocks. Compared to REITs, I would prefer this since the underlying assets are more defensive than REITs like utilities, infrastructure like airports, communications assets etc. Geographical diversification is better compared to REITs which are mostly invested in local markets or Asian markets. Total dividends paid to date for 2 quarters: 5.3 cents, annualised yield is forecasted at around 8% at current price. This compares favourably to REITs which offer yields of around 4% to 5%. Bottomline: If you want yield, go for this and skip REITs! If you want growth, skip this and skip REITs! Either way, skip the REITs! Rationale: Interest rates in US are poised to rise further with speculation that the Fed may not stop at 5%. 2-year Treasury bonds, being risk free instruments, will soon offer yields of around 5%. Why go for REITs which offer similar or less dividend yield (but not guaranteed) and are also subject to the same interest rate risk as Treasury bonds since they are highly leveraged (a lot of borrowings used to acquire properties). Comparatively, Macquarie infrastructure fund is able to provide more sustainable dividends (because assets are highly defensive in nature). Utilities and Infrastructure stocks are priced to yield solid dividends, using SP Ausnet as a proxy, a yield of 8% is reasonable. Hence buy when yield exceeds 8% significantly and sell if yield drops to less than 7%. |
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Gallen
Senior |
12-Mar-2006 10:48
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Extracted from my blog http://kelongstocks.blogspot.com Fundamental Analysis will be posted this afternoon. [B]Technical Analyisis[/B] Ever since a solid debut on its IPO ($1), Macquarie Infrastructure Fund has been on a downtrend which was finally broken on 01 Feb 2006. Chart shows rebound to $1.03 before gapping down 4 cents to $0.98 on 10 Mar 2006 (due mainly to ex-dividend of 3.1 cents). Supports: $0.98 (EMA 50), $0.96 and $0.95 (resistance turned support, also breakout point from downtrend was at 95 cents) Resistances: $1.00 (support turned resistance), $1.03 and $1.04 (recent highs and prior support turned resistance) Indicators: Bearish, RSI, Stochastics heading down towards oversold zone, MACD deep in negative region. Indicators confirming recent price weakness. Volume was significantly higher during breakout from downtrend but has seen moderated during the consolidation over the past 1 month. Interested investors should look to accumulate on weakness near supports (yields would be greater than 8% at 95 and 96 cents supports. |
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