Genting Sing
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after breaking out from previous high..... it'll either go and form a higher high to signify a succesful breakout...... or go back down to signify a false breakout.......
Gaecia ( Date: 04-Mar-2011 11:35) Posted:
| epl, i'm not shorting smarine if breakout from this high and then what? The last time i shorted was to bet on earnings before announcement, it went wrong. I think before CD it will hardly go down much. |
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but the recent oil price will make stock market and related industry crazy ? do u feel it ? no really feeling but common agreement....
iPunter ( Date: 04-Mar-2011 11:14) Posted:
Trading based on feeling is the worst way to play stocks...
In other words, if that is the basis of one's play,
then one is guaranteed to lose a lot of money in time... 
epliew ( Date: 04-Mar-2011 10:57) Posted:
| no good feeling for shipping.... oil price too high |
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The power of dividends must never be underestimated.
Many ordinary investors will hold with their minds focused on the dividends...
But I don't pay the slightest attention to dividends when playing...
epl, i'm not shorting smarine if breakout from this high and then what? The last time i shorted was to bet on earnings before announcement, it went wrong. I think before CD it will hardly go down much.
Trading based on feeling is the worst way to play stocks...
In other words, if that is the basis of one's play,
then one is guaranteed to lose a lot of money in time...
epliew ( Date: 04-Mar-2011 10:57) Posted:
no good feeling for shipping.... oil price too high ?
eastcivic ( Date: 04-Mar-2011 10:38) Posted:
wah.... i thinking of buying nol leh.... lol : |
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you have a point......
epliew ( Date: 04-Mar-2011 10:57) Posted:
no good feeling for shipping.... oil price too high ?
eastcivic ( Date: 04-Mar-2011 10:38) Posted:
wah.... i thinking of buying nol leh.... lol : |
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no good feeling for shipping.... oil price too high ?
eastcivic ( Date: 04-Mar-2011 10:38) Posted:
wah.... i thinking of buying nol leh.... lol :P
epliew ( Date: 04-Mar-2011 10:33) Posted:
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Depends on when you are doing it.
eastcivic ( Date: 04-Mar-2011 10:43) Posted:
wah chim leh....
so nol is good for longing or shorting? :P
iPunter ( Date: 04-Mar-2011 10:41) Posted:
Puppies should just watch the elephants fight,
rather than play-fighting among themselves...
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wah chim leh....
so nol is good for longing or shorting? :P
iPunter ( Date: 04-Mar-2011 10:41) Posted:
Puppies should just watch the elephants fight,
rather than play-fighting among themselves...
eastcivic ( Date: 04-Mar-2011 10:38) Posted:
wah.... i thinking of buying nol leh.... lol : |
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Puppies should just watch the elephants fight,
rather than play-fighting among themselves...
eastcivic ( Date: 04-Mar-2011 10:38) Posted:
wah.... i thinking of buying nol leh.... lol :P
epliew ( Date: 04-Mar-2011 10:33) Posted:
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wah.... i thinking of buying nol leh.... lol :P
epliew ( Date: 04-Mar-2011 10:33) Posted:
short NOL okay or not ?
eastcivic ( Date: 04-Mar-2011 10:21) Posted:
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short NOL okay or not ?
eastcivic ( Date: 04-Mar-2011 10:21) Posted:
wow..... good luck!
epliew ( Date: 04-Mar-2011 10:15) Posted:
short s-marine....
seems like a good day for friday to short ? gaecia any interest |
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This stock has no juicy or meaty peak to talk about...
I totally ignore this stock...
epliew ( Date: 04-Mar-2011 10:28) Posted:
not yet....
but will try at 5.51 max...ipunter called it juicy peak....
eastcivic ( Date: 04-Mar-2011 10:21) Posted:
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hm.. nowadays MIT is also becoming speculative..
more or less it will react..
2-3 cents drop in any counter gives u a good opportunity to buy cheaper
yummygd ( Date: 04-Mar-2011 10:26) Posted:
just thinking perhaps market wont react too much to e interest rate hike..(unless its so bloody huge this time round) cause we had already reacted no? market knew about it for sometime now. but ya buy n hold over weekend so bloody stressful.
rotijai ( Date: 04-Mar-2011 09:53) Posted:
this month i am not gonna buy and hold over the weekend..
IT's MARCH !! THE MONTH WHICH OUR CHINA FRIEND MIGHT ANNOUNCE INTEREST RATE HIKE. |
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not yet....
but will try at 5.51 max...ipunter called it juicy peak....
eastcivic ( Date: 04-Mar-2011 10:21) Posted:
wow..... good luck!
epliew ( Date: 04-Mar-2011 10:15) Posted:
short s-marine....
seems like a good day for friday to short ? gaecia any interest |
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I have been waiting and waiting so long
for
GentSp to "
Cheong Aaaaarrrhhh!!!"
maybe I'll be reincarnated as a giraffe soon...
shoot mac mac..
SHOOT
just thinking perhaps market wont react too much to e interest rate hike..(unless its so bloody huge this time round) cause we had already reacted no? market knew about it for sometime now. but ya buy n hold over weekend so bloody stressful.
rotijai ( Date: 04-Mar-2011 09:53) Posted:
this month i am not gonna buy and hold over the weekend..
IT's MARCH !! THE MONTH WHICH OUR CHINA FRIEND MIGHT ANNOUNCE INTEREST RATE HIKE..
iPunter ( Date: 04-Mar-2011 09:52) Posted:
Maybe it's possible to buy @ 2.08 or even lower...
But not very likely today though...
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between the lines seems to tell me CIC is buyer ?
kelong again..... they have a number of businesses in china, if china government buy it ..... surely it will be future of noble will be good ?
LP560-4 ( Date: 04-Mar-2011 10:10) Posted:
CIMB: Noble - MAINTAIN OUTPERFORM, TP S$2.70
4 March 2011
Ho Choon Seng CFA +(65) 6210 8604 – choonseng.ho@cimb.com
Noble closed at S$2.18
Share Placement at S$2.07
Mkt.Cap: S$13,140m/US$10,364m
Placement to raise S$625m
Maintain Outperform. Noble has announced a 306.5m new-share placement at
S$2.07 each to raise S$625m. Our FY11-13 EPS estimates have been reduced by 4-
5% to factor in dilution. Nevertheless, we have a higher target price of S$2.70, now
set at 15x CY12 P/E, a 20% premium to the peer average of 12.5x CY12 P/E, from
S$2.60 (14x CY12 P/E, 10% premium) as we believe there is earnings upside from
still-strong commodity prices (especially coal), while the new capital raised will likely
lead to more acquisitions and faster expansion. Catalysts are still expected from
announcements of significant earnings-accretive acquisitions, higher coal prices and
strong results.
The news
Placement to raise S$625m. Noble has entered into a placement agreement with
Goldman Sachs and HSBC to place out 306.5m new shares at S$2.07 a share. The
placement price represents a 6.8% discount to S$2.22, its weighted average price for
trades done on 3 Mar 11, and a 5% discount to its latest closing price of S$2.18. Net
proceeds are expected to be S$625m. Management plans to use the proceeds for
general corporate purposes.
Dilution from new shares.. The placement shares represent around 5.1% of existing
shares issued and 4.8% of its enlarged share capital. CIC has taken 45m placement
shares, to maintain its stake in Noble at 14.7%.
Valuation and recommendation
FY11-13 EPS estimates reduced by 4-5%. We believe that management has raised
new capital to fund higher working-capital requirements from rising commodity prices
and for future acquisitions. Our FY11-13 EPS estimates have been reduced by 4-5%
to incorporate dilution from the new shares, slightly offset by higher interest income
from higher cash levels.
Maintain Outperform target price raised to S$2.70 (from S$2.60). Despite our
EPS adjustments, our target price has been lifted to S$2.70, now set at 15x CY12
P/E, a 20% premium to the peer average of 12.5x CY12 P/E, from S$2.60 (14x CY12
P/E, 10% premium) as we believe there is earnings upside from still-strong commodity
prices (especially coal), while the new capital raised will likely lead to more
acquisitions and faster expansion. With coal prices benefiting sharply from the
Queensland floods only from late 4Q10, we expect Noble to book stronger coal profits
from 1Q11. Catalysts are expected from announcements of significant earningsaccretive
acquisitions, higher coal prices and strong results.
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