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STOCKS TO WATCH
-- FRASER AND NEAVE LTD
- Thai billionaire Charoen Sirivadhanabhakdi extended his
$7.2 billion offer to take over Singapore property and drinks
conglomerate Fraser and Neave for the sixth time, until Jan. 15.
[ID:NL4N0AE2NC]
-- NAM CHEONG LTD
- Nam Cheong said it is issuing up to 190 million new shares
to be sold at S$0.255 each, which represents a discount of about
9.7 percent to the weighted average price on Jan. 10. Most of
the proceeds will be used to fund expenditure for shipbuilding
projects and its vessel chartering business. [ID:nSN9hQSjG]
-- STX OSV LTD HOLDINGS LTD
- Offshore ship builder STX OSV said Tidewater Inc
has acquired contracts for three platform supply vessels under
construction at STX OSV's yard in Norway.
-- SINGAPORE TECHNOLOGIES ENGINEERING LTD
- ST Engineering said its aerospace arm has secured new
contracts worth about S$450 million in the fourth quarter of
2012 for airframe, component and engine maintenance works.
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STI 3300 COME M NEY COME
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Or have you taken profit?
Isolator ( Date: 11-Jan-2013 00:19) Posted:
| Hello kiddy, now I huat already... Uncle give you free lesson on how to earn from market.... Enjoy... Gd night |
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I believe you must have a stop-loss right?
Isolator ( Date: 11-Jan-2013 00:25) Posted:
| By the way, Dow Is in red at this time... So u count the profit ... Zzzz |
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STI 3300 COME MNEY COME
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Have to play by ear, considering the major shareholders has deep pockets.
tonylim ( Date: 10-Jan-2013 11:01) Posted:
Not all anayst's recommendation can be taken seriously.
Peter_Pan ( Date: 09-Jan-2013 09:22) Posted:
UBS downgrades Olam to 'sell' from 'buy'
UBS downgraded Olam International Ltd to 'sell'
from 'buy' and cut its target price to S$1.33 from S$2.95,
citing uncertainties around the cost of its Gabon project.
Olam shares were down 0.3 percent at S$1.60 by 0100 GMT,
around 8 percent below the level they were at before
short-seller Muddy Waters launched an attack on the commodities
trading company for its accounting practices and aggressive
acquisitions.
UBS said the World Bank now estimates the total cost of the
Gabon project to be at $1.5 billion to $2 billion, compared with
Olam's initial estimate of S$1.3 billion.
" A cost overrun and project delays significantly increase
the risk to management's target of turning free cash flow
positive by 2015," said UBS in a note.
The brokerage also said its bankruptcy analysis of Olam
shows the company's financial position has deteriorated to below
financial health levels, but remains above distress levels.
" A number of concerns have arisen in recent months," said
UBS, including Olam's earnings quality and growth, deteriorating
returns on asset investment, the risk of Nigerian export credit
write-downs, management compensation, the recent share buyback
considering its capacity expenditure requirements and negative
free cash flow.
0901 (0101 GMT)
(Reporting by Charmian Kok in Singapore Anupama Dwivedi
charmian.kok@thomsonreuters.com)
Keywords: MARKETS SINGAPORE STOCKSNEWS/OLAM
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I know you like to drink red tea.
Isolator ( Date: 09-Jan-2013 22:35) Posted:
| In the year 2013... Sti will hit 2000... Just 1 year dateline... Hmmm... |
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Good that they are implementing this.
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You are very right, sifu.
medivh ( Date: 09-Jan-2013 11:27) Posted:
| When a lot of self proclaimed sifus comes to give advice..you better be wary..lol. They enjoy calling each other by that title...(," )
GorgeousOng ( Date: 09-Jan-2013 00:32) Posted:
Hahaaaaaaa .. all the sifusssssssssss here lor!Indeed in this forum there are few guys are very " zhun" ..always answer my questions.......many thanks to them !!! |
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Maybe lower?
New123 ( Date: 08-Jan-2013 23:18) Posted:
may b 63.5 or 64 to long.
Peter_Pan ( Date: 08-Jan-2013 20:56) Posted:
| Waiting to long this stock. |
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UBS downgrades Olam to 'sell' from 'buy'
UBS downgraded Olam International Ltd to 'sell'
from 'buy' and cut its target price to S$1.33 from S$2.95,
citing uncertainties around the cost of its Gabon project.
Olam shares were down 0.3 percent at S$1.60 by 0100 GMT,
around 8 percent below the level they were at before
short-seller Muddy Waters launched an attack on the commodities
trading company for its accounting practices and aggressive
acquisitions.
UBS said the World Bank now estimates the total cost of the
Gabon project to be at $1.5 billion to $2 billion, compared with
Olam's initial estimate of S$1.3 billion.
" A cost overrun and project delays significantly increase
the risk to management's target of turning free cash flow
positive by 2015," said UBS in a note.
The brokerage also said its bankruptcy analysis of Olam
shows the company's financial position has deteriorated to below
financial health levels, but remains above distress levels.
" A number of concerns have arisen in recent months," said
UBS, including Olam's earnings quality and growth, deteriorating
returns on asset investment, the risk of Nigerian export credit
write-downs, management compensation, the recent share buyback
considering its capacity expenditure requirements and negative
free cash flow.
0901 (0101 GMT)
(Reporting by Charmian Kok in Singapore Anupama Dwivedi
charmian.kok@thomsonreuters.com)
Keywords: MARKETS SINGAPORE STOCKSNEWS/OLAM
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true also :)
risktaker ( Date: 08-Jan-2013 21:08) Posted:
He wont know one lol he only know down...... dont worry buy on dip.... STI is keen to break 3300 :)
Peter_Pan ( Date: 08-Jan-2013 19:46) Posted:
| Hi Isolator, how will US markets perform tonight |
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Waiting to long this stock.
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Crude Palm Oil Ends Down on Export ConcernsCrude palm oil futures on Malaysia’s derivatives exchange ended lower Monday, tumbling for the third straight session as investors turned cautious on concerns about lower export demand. The benchmark March contract on Bursa Malaysia Derivatives ended 2% lower at 2,418 ringgit a metric ton after falling as much as 2.1% to MYR2,416/ton. A likely slowdown in shipments to China due to the country's stricter quality control measures fuelled expectations that palm oil exports could remain weak in January. China is the world's largest consumer of palm oil after India, buying more than 6 million tons of the oil annually from Indonesia and Malaysia. China won't accept imports of edible oils containing excessive peroxide or stearic acid from Jan 1, China's Inspection and Quarantine Bureau said last year. The market will get a better idea of the state of exports to the country when cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. issue Jan. 1-10 shipment data on Thursday. Continued weakness in export demand could drag prices further down, as palm oil supplies in Indonesia and Malaysia remain at record levels, a broker in Jakarta said. Malaysia's palm oil stockpiles at the end of November rose to an all-time high of 2.56 million tons. Top producer Indonesia doesn't release official data on stockpiles and production. In the cash market, refined palm olein for January shipment was offered at $805/ton, while cash CPO was offered at MYR2,250/ton. Open interest on the BMD was 167,047 lots vs 166,054 lots Friday. One lot is equivalent to 25 tons. A total of 58,065 lots of CPO were traded versus 32,188 lots Friday. |
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Hi Isolator, how will US markets perform tonight?
Isolator ( Date: 08-Jan-2013 17:07) Posted:
| Chants given out enough already.... only the fated one will use it wisely....enjoy... |
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Funds shifting from bonds to equities.
Hulumas ( Date: 07-Jan-2013 20:06) Posted:
Even > STI 4,000 is highly likely within 2013.
Peter_Pan ( Date: 07-Jan-2013 07:42) Posted:
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You're welcome.
Octavia ( Date: 07-Jan-2013 14:17) Posted:
Thanks for your hint.
Dont buy now already huat arh..!
Peter_Pan ( Date: 07-Jan-2013 11:37) Posted:
| Hope all have big ang bao from this one |
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Hope all have big ang bao from this one.
Peter_Pan ( Date: 04-Jan-2013 19:09) Posted:
| Already cleared my holdings. Big ang bao. |
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STI 3300 COME MONEY COME
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Don't shy, don't shy. We need a balancer in this forum.
iPunter ( Date: 06-Jan-2013 18:41) Posted:
Lol... With all this praise, how can I not blush...  |
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