Genting Sing
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8961-8980 of 31189
Immediately after
Mubarak stepped down,
Egypt is getting back to full business as usual again.
Click...
There's no more fear in their lives at all...
Re your question, since without
BT here (he said he 'd be leaving this forum),
the place wouldn't be the same anymore, that made me feel somewhat despirited
and thus am also thinking of leaving too. I feel sad as I am sure many will love
BT to stay too.
And it is hard to find a good and understanding person like
BT to grace this forum.... 
Gaecia ( Date: 14-Feb-2011 00:53) Posted:
i'll b going to my first playground, nyse again come Mon/ Tue to test out my fishing skills on pm miners. Had been waiting for the ripe moment aka momentum, trust god for guidance & protection.
but uncle ipunter...is there any particular reason why you will be gone from here?
iPunter ( Date: 13-Feb-2011 23:41) Posted:
Big fish = lose more money...
Small fish= lose less money ...
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14 feb, valentine day. ST index goes UP ? ??
This is the week to be buying ASEAN Stocks, Thailand, Singapore, Jakarta and Malaysia should all end the week with 2% plus gains.
Stocks have shown remarkable resilience as investors buy on any drop in prices, even in the face of what seem like considerable risks.
Lots of earnings are due out this week making Thai Stocks look very attractive, earnings will be good.
Confidence in the economy, strong earnings, and inflows into equities from bond funds have been enough to push indexes to new highs on an almost daily basis even if light volume and slight gains show investors are not making aggressive moves.
Tisco
Tisco Financial Group, the owner/operator of Bangkok based Tisco Bank and related finance companies, reported surprise 45% growth in net profit for 2010, driven by strong loan growth during economic uncertainty in last year.
In Early January 2011 Suthas Ruangmanamongkol, president of Tisco Bank, told reporters the group Expects 2011 net profit to rise 10-15 percent, in line with loan growth forecast,
* Aims for 2011 net interest margin at 3.5-3.6 percent, same as 2010
* Expects non-performing loans to be flat at 1.8 percent at the end of 2011
* Plans to sell 1.0-2.0 billion baht subordinated bonds this year to boost its tier 2 capital
* In talks with Deutsche Bank in Bangkok to expand securities brokerage business, Chief Executive Officer Oranuch Apisaksirikul told reporters
Tisco Financial opened the Thailand Stock Exchange earnings season yesterday by reporting a net profit of 2.88 billion baht compared with 1.98 billion the year before.
Net interest and dividend income grew 20.5% from the groups strong expansion in all loan businesses of 32% year-on-year. Tisco maintained an average loan spread at 5%, the same as in 2009, according to a statement filed to the Stock Exchange of Thailand.
Non-interest income hit 3.87 billion baht, up 1 billion baht or 34.9% year-on-year, led by growth in banking fees of 28.5%.
Non-interest income was also grew aided by financial advisory fees earned by Tisco on the sale of a stake owned by the bank of Thailand in Siam City Bank Plc to Thanachart Capital, and gains on foreclosed properties totalling 129.39 million baht.
Tisco’s Brokerage income increased by 29.2% year-on-year, while the Tisco group recorded gains from investment totaling 210 million baht following the improvement in capital market conditions.
Basic fee income from the asset management business increased by 20.2%, driven by the increase in assets under management.
Asset quality significantly improved with the non-performing loan ratio falling to 1.8% of total debt outstanding, compared to 2.5% at the end of 2009, the company said.
To protect against future volatility and systemic risk, the group set aside provisions for bad debts and doubtful accounts totaling 1.93 billion baht which accounted for 1.5% of its total average loan portfolio.
At the end of 2010, the group had general reserves totaling 2.35 billion baht.
TISCO shares closed yesterday on the Stock Exchange of Thailand at 37 baht, up 50 satang, in trade worth 167.26 million baht.
TISCO Financial Group Public Company Limited, through its subsidiaries, provides personal, private, SME, and corporate banking and securities services in Thailand and internationally.
Its deposit products include current accounts, savings accounts, fixed accounts, and certificates of deposit/negotiable certificates of deposit. The company’s loan products portfolio comprises loans offered to individuals, and small and medium-sized enterprises for personal consumption or business operations hire-purchase financing and finance provided to medium and large corporate clients for commercial purposes, including working capital loans, project and term loans, guarantee and aval services, and credit offered for other commercial purposes, such as loans against deposits or liquid assets with short or medium terms using liquidity assets as collateral.
It also offers bancassurance, cash management, securities brokerage, asset management, custodian, loan consultancy, and financial advisory services, including public offerings, mergers and acquisitions, financial restructuring, feasibility studies, and corporate valuation.
Keppel Corp
Shayne Heffernan strong buy Keppel Offshore & Marine Ltd (Keppel O& M) Singapore , announced its subsidiary Keppel FELS Brasil had secured 2 new contracts totalling S$381.4 million for Floating Production storage and Offloading (FPSO) units.
The contracts were signed with Single Buoy Moorings Inc. (SBM), and another from the joint venture company MODEC and Toyo Offshore Production Systems (MTOPS).
In January Keppel Corp KPLM, the world’s biggest offshore rig maker, reported a 30 per cent rise in fourth quarter net profit, helped by strong contribution from property and higher margins in its rig business.
The conglomerate earned $343 million in the three month ended December 2009, up from $263 million a year ago.
The net profit was higher than analysts estimates of $286 million, according to Thomson Reuters I/B/E/S.
Keppel said it had an order book of $5.6 billion with deliveries until 2013, down from $6 billion in the previous quarter.
Keppel also said it planned to list a ‘green’ business trust in Singapore and would give 50.5 per cent of the units to shareholders in the form of a dividend.
Keppel FELS Brasil’s contract with SBM is for the fabrication and installation of topside modules on the Floating Production Storage and Offloading (FPSO) vessel Cidade De Paraty, which was awarded in association with Queiroz Galvão Óleos e Gás S.A. (QGOG) and is currently undergoing conversion at Keppel Shipyard in Singapore.
Chow Yew Yuen, President (The Americas) of Keppel O& M, said, “Keppel has worked closely with various international drillers and fleet owners operating in Brazil for some 30 years. Today, in replicating Keppel O& M’s proven systems and practices in Brazil, we are able to offer a full range of offshore solutions in construction, conversion, repair and modification, as well as the fabrication and integration of production topsides, among others.
“We are heartened that SBM and MTOPS have reaffirmed our position as the choice solutions partner in Brazil’s offshore and marine industry with these contracts to fabricate and integrate modules for their latest FPSOs. As we grow our competencies and track record as the most established shipyard in Latin America, we will continue to nurture win-win relationships with our valued customers. We see the market improving and our yard has the capacity and capability to take on more jobs.”
Chow added, “Like our recent delivery of P-57, this project demonstrates the synergy of the Keppel O& M shipyards in providing a comprehensive suite of services to our customers and brings to bear our near market, near customer strategy.”
Deliveries still on track
Just a day prior to the announcement of the two FPSO contracts, Keppel FELS in Singapore reported that the Alpha Star, the second of two DSS 38 semi-submersible drilling rigs, was expected to be delivered ahead of schedule to QGOG.
Keppel FELS was awarded a total of S$40,000 in safety bonuses from QGOG for the strong safety performance during the construction phase. The rig has been chartered by Petrobras for six years to support exploration and production activities offshore Brazil.
Th first DSS 38 semi-submersible, the Gold Star (shown in thumbnail photo), was built by Keppel FELS and went to work for Petrobras in 2010.
Tong Chong Heong, CEO of Keppel FELS’ parent company, Keppel Offshore & Marine, said, “The Alpha Star is a shining example of great teamwork and reflects a complete alignment of goals and priorities between Keppel FELS and QGOG. Together, we have successfully achieved an efficiency boost of 20% on this second rig, without compromising the safety of our people and workplace.
Jointly developed and owned by Keppel’s Deepwater Technology Group and Marine Structure Consultants, the DSSTM 38 design is in the league of some of the world’s most advanced drilling semisubmersibles.
DSS 38 is rated to drill 30,000 feet below mud line in over 9,000 feet water depth. It has an operational displacement of over 38,000 tonnes and can accommodate 130 men. It also features both vertical and horizontal riser storage and is configured with eight 3,000 kW azimuth thrusters to keep the rig in position.
Designed to maximise uptime with reduced emissions and discharges, a DSS 38 rig is well-suited to handle the operational requirements in the deepwater “Golden Triangle” region, which comprises Brazil, Africa and the Gulf of Mexico.
FPSO WORK
Meanwhile, the new FPSO work for SBM is expected to commence at Keppel FELS Brasil’s BrasFELS shipyard in Angra dos Reis, Rio de Janeiro in the first quarter of 2011. The vessel is scheduled to arrive in the first quarter of 2012 with delivery in the fourth quarter of 2012.
The work scope will include the fabrication and installation of six process modules and a riser gantry as well as the installation and integration of another six process modules supplied by SBM.
The FPSO Cidade de Paraty will be deployed in the pre-salt region of the Santos Basin and will have a production capacity of 120,000 barrels of oil per day (bopd), and be able to compress 5 million cubic metres of gas per day.
In its contract with MTOPS, a joint venture company between MODEC and Toyo Engineering Corporation, BrasFELS will undertake the module fabrication and integration of the FPSO Cidade de Sao Paulo MV23, which was awarded in association with Schahin Engenharia S.A.
Work is expected to begin at BrasFELS in the first quarter of 2011. The yard’s scope includes the fabrication of topsides modules such as riser manifolds, laydown areas and the flare tower, as well as the assembly and integration of fabricated pancakes/skids.
To be completed in the fourth quarter of 2012, the FPSO will be deployed in the pre-salt region of the Santos Basin. The FPSO will have a production capacity of 120,000 bopd, and be able to compress 180 million cubic feet of gas per day and store 1,600,000 barrels of oil. Ongoing at BrasFELS is the upgrading and repairing of Noble’s Brazil-based drillships with delivery stretching into 2012.
DBS
Shayne Heffernan has issued a Strong Buy on DBS Group Holdings in Singapore with a 2011 price target of $20.
DBS Group Holdings Ltd is an investment holding company that operates through its main subsidiary, DBS Bank Ltd (the Bank).
The Bank is engaged in the provision of retail, small and medium-sized enterprise, corporate, and investment banking services. The Company’s financial businesses are organized into five sectors: Consumer Banking, Institutional Banking, Global Financial Markets, Central Treasury Unit, and Central Operations
DBS, which kicked off earnings for Singapore banks, posted a net profit of S$678 million ($530 million)in October-December against S$493 million a year earlier.
Bad debt charges declined 59 percent to S$157 million from a year ago. Net interest income however fell 2 percent to S$1.1 billion as net interest margins declined by 23 basis points 1.79 percent in the fourth quarter.
Fees and commission income was flat at S$358 million, while trading income tripled to S$164 million.
There has been market talk that DBS, which wants to increase income from outside its core Singapore and Hong Kong markets, could buy state investor Temasek’s 68 percent stake in Indonesia’s Bank Danamon .
Need advice from all guru over here on Genting SP and Cosco. Is Monday a good day to buy this counters and is so what is the relatively good entry price? Rgds.
i'll b going to my first playground, nyse again come Mon/ Tue to test out my fishing skills on pm miners. Had been waiting for the ripe moment aka momentum, trust god for guidance & protection.
but uncle ipunter...is there any particular reason why you will be gone from here?
iPunter ( Date: 13-Feb-2011 23:41) Posted:
Big fish = lose more money...
Small fish= lose less money ...
elton81 ( Date: 13-Feb-2011 23:34) Posted:
| thats why big fishes slowly leaving here one by one.. lo |
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Big fish = lose more money...
Small fish= lose less money ...
elton81 ( Date: 13-Feb-2011 23:34) Posted:
thats why big fishes slowly leaving here one by one.. lol
iPunter ( Date: 13-Feb-2011 22:37) Posted:
You think big players will come to this forum and waste their time meh?...
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thats why big fishes slowly leaving here one by one.. lol
iPunter ( Date: 13-Feb-2011 22:37) Posted:
You think big players will come to this forum and waste their time meh?...
des_khor ( Date: 13-Feb-2011 22:33) Posted:
IPunter ,
Are you also one of the BB and finish outflow your funds liao and now prepare to return to your origin country |
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Good thing mah... if u haven't buy any, now is the time to buy some to keep... i believe sti will not fall below 3000 and will recover back to 3120 this week :)
tiancai007 ( Date: 13-Feb-2011 23:12) Posted:
| Why is everyone leaving like STI is about to crash? |
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Why is everyone leaving like STI is about to crash?
Tax hike for china is just to curb inflation and this is just to slow down inflation... stock will react a few days or week and this is very normal...stock It shows that the economy is healthy... WHAT IS SCARY IS WHEN THINGS LIKE SURPASS TURN TO NEGAVITE...THERE WILL BE CRISIS... Understand this Blaze87
You all can pm BT... Just click 'contact' at the top of the post with an envelope icon...
rotijai ( Date: 13-Feb-2011 22:48) Posted:
tat's y after tat incident i never simply listen to anything in this forum..
nowadays i only pay attention to wat bt/ipunter said :)
BT ! i am still waiting for u to come back n be my broker !
bladez87 ( Date: 13-Feb-2011 22:38) Posted:
hold till april for what?
visit this forum? the reason why i bought CGX was cause got people shouting here and there. too much noise will affect 1 ability to think rationally.
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wa bladez u serious??? u still need to read news, still need to read forum to know what is going on. Take time to think and evaluate see if u are investor/trader.
Hmm...anyway..so many skillful sifus here, u may learn from them.
Noob79 ( Date: 13-Feb-2011 22:27) Posted:
I am not sure... but what prices u bought??? Just hold till april loh....since u already hold for quite sometime liao...要 忍 。
bladez87 ( Date: 13-Feb-2011 22:14) Posted:
nope, after i sell my GAR. i will not touch stock market until i see a recession or depression. i need to recoup my losses, not increase it. i need my next transaction to be right and not wrong. and the best time to buy is during a recession or depression, unless i become a full time trader. but that will not be any time soon.
i have curbed my urge to trade daily. i no longer gian gian must buy. i guess i have learn my lesson liao. see how, if by wed i cant breakeven for GAR, i will most likely fill at whatever price i can get liao. and once close my trade, i will most likely not come here liao.
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what is CGX?? I ask u to hold becoz fishing season about to start lol
bladez87 ( Date: 13-Feb-2011 22:38) Posted:
hold till april for what?
visit this forum? the reason why i bought CGX was cause got people shouting here and there. too much noise will affect 1 ability to think rationally.
Noob79 ( Date: 13-Feb-2011 22:27) Posted:
| I am not sure... but what prices u bought??? Just hold till april loh....since u already hold for quite sometime liao...要 忍 。 |
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tat's y after tat incident i never simply listen to anything in this forum..
nowadays i only pay attention to wat bt/ipunter said :)
BT ! i am still waiting for u to come back n be my broker !
bladez87 ( Date: 13-Feb-2011 22:38) Posted:
hold till april for what?
visit this forum? the reason why i bought CGX was cause got people shouting here and there. too much noise will affect 1 ability to think rationally.
Noob79 ( Date: 13-Feb-2011 22:27) Posted:
| I am not sure... but what prices u bought??? Just hold till april loh....since u already hold for quite sometime liao...要 忍 。 |
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Maybe you are the only one BB with good heart ?
iPunter ( Date: 13-Feb-2011 22:37) Posted:
You think big players will come to this forum and waste their time meh?...
des_khor ( Date: 13-Feb-2011 22:33) Posted:
IPunter ,
Are you also one of the BB and finish outflow your funds liao and now prepare to return to your origin country |
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hold till april for what?
visit this forum? the reason why i bought CGX was cause got people shouting here and there. too much noise will affect 1 ability to think rationally.
Noob79 ( Date: 13-Feb-2011 22:27) Posted:
I am not sure... but what prices u bought??? Just hold till april loh....since u already hold for quite sometime liao...要 忍 。
bladez87 ( Date: 13-Feb-2011 22:14) Posted:
nope, after i sell my GAR. i will not touch stock market until i see a recession or depression. i need to recoup my losses, not increase it. i need my next transaction to be right and not wrong. and the best time to buy is during a recession or depression, unless i become a full time trader. but that will not be any time soon.
i have curbed my urge to trade daily. i no longer gian gian must buy. i guess i have learn my lesson liao. see how, if by wed i cant breakeven for GAR, i will most likely fill at whatever price i can get liao. and once close my trade, i will most likely not come here liao.
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You think big players will come to this forum and waste their time meh?...
des_khor ( Date: 13-Feb-2011 22:33) Posted:
IPunter ,
Are you also one of the BB and finish outflow your funds liao and now prepare to return to your origin country ?
iPunter ( Date: 13-Feb-2011 22:30) Posted:
Your positive thinking is very good for daily living...
ie. having no worries, and having confidence in everything.
But always bear in mind that in the stock market,
'corrections' come in all sizes and durations...
All players take risks, also in all sizes...
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I have already expected that before CNY that correction will be taking place....and look at Noble really T.P stop at 2.4 and now fall to this good prices... time to buy when there is fear now... look SSE index is back to green and USA doing well....Expect STI to be back on track soon... OBOVIOUSLY THIS IS CORRECTION...
iPunter ( Date: 13-Feb-2011 22:30) Posted:
Your positive thinking is very good for daily living...
ie. having no worries, and having confidence in everything.
But always bear in mind that in the stock market,
'corrections' come in all sizes and durations...
All players take risks, also in all sizes...
Noob79 ( Date: 13-Feb-2011 22:21) Posted:
| ??? What's there to worry.... the market can't be going up all the way...This is just a correction... |
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You can stop playing shares, but you should still visit this forum to be with all your friends...
Noob79 ( Date: 13-Feb-2011 22:27) Posted:
I am not sure... but what prices u bought??? Just hold till april loh....since u already hold for quite sometime liao...要 忍 。
bladez87 ( Date: 13-Feb-2011 22:14) Posted:
nope, after i sell my GAR. i will not touch stock market until i see a recession or depression. i need to recoup my losses, not increase it. i need my next transaction to be right and not wrong. and the best time to buy is during a recession or depression, unless i become a full time trader. but that will not be any time soon.
i have curbed my urge to trade daily. i no longer gian gian must buy. i guess i have learn my lesson liao. see how, if by wed i cant breakeven for GAR, i will most likely fill at whatever price i can get liao. and once close my trade, i will most likely not come here liao.
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