x 0

, ...the classic buy on rumour, sell on news.

Luzern ( Date: 25-Jul-2018 09:19) Posted:

Correlate this news release and the date with SGX price movement and you would know what I want to say.
...............................................................................................................................................................................................................

News Release

6 July 2018

SGX reports market statistics for June 2018

?h Positive performance in the equity markets, with SDAV up 14% y-o-y and growth in market turnover value of ETFs, structured warrants and DLCs.

?h SGX USD/CNH Futures volume from January to June 2018 reached US$194 billion, surpassing 2017 full-year volume of US$190 billion.

Securities

?h Total Securities market turnover value was at S$24.3 billion, down 14% month-on-month (m-o-m) and up 9% year-on-year (y-o-y), over 20 trading days. There were 21 trading days in May 2018 and 21 in June 2017.

?h Securities daily average value (SDAV) was S$1.21 billion, down 10% m-o-m and up 14% y-o-y.

?h Market turnover value of Exchange Traded Funds (ETFs) was S$231 million, down 2% m-o-m and up 16% y-o-y.

?h Market turnover value of structured warrants and Daily Leveraged Certificates (DLCs) was S$1.70 billion, up 22% m-o-m and up 45% y-o-y*.

?h There was 1 new Catalist listing during the month, raising S$4.5 million.

?h There were 40 new bond listings, raising S$11.56 billion.

?h Total market capitalisation value of 746 listed companies stood at S$991.1 billion as of end-June 2018.

Derivatives

?h Total Derivatives volume was 17.82 million, up 7% month-on-month (m-o-m) and up 14% year-on-year (y-o-y).

?h Equity Index Futures volume was 13.50 million, up 9% m-o-m and up 7% y-o-y.

?h FTSE China A50 Index Futures remained the most active contract with volume of 6.47 million, up 4% m-o-m and up 8% y-o-y.

?h SGX Nifty 50 Index Futures volume was 1.65 million, down 4% m-o-m and down 4% y-o-y.

?h Nikkei 225 Index Futures volume was 1.87 million, up 28% m-o-m and down 12% y-o-y.

?h MSCI Taiwan Index Futures volume was 1.61 million, down 3% m-o-m and down 15% y-o-y.

?h MSCI Singapore Index Futures volume was 795,709, down 13% m-o-m and down 2% y-o-y.

?h MSCI India NTR Futures volume was 83,263, down 12% m-o-m**.

?h Total FX Futures volume was 1.85 million, up 10% m-o-m and up 158% y-o-y.

?h SGX INR/USD Futures volume was 1,401,008, up 6% m-o-m and up 159% y-o-y.

?h SGX USD/CNH Futures volume was 423,329, up 19% m-o-m and up 160% y-o-y.

?h Value of cleared OTC SGD Interest Rate Swaps was S$11.77 billion, down 2% m-o-m and down 16% y-o-y.

Page 2

Commodities

?h SGX Commodities Derivatives volume was 1.24 million, down 1% month-on-month (m-o-m) and down 20% year-on-year (y-o-y).

?h Iron Ore Derivatives volume was 934,045, down 10% m-o-m and down 32% y-o-y.

?h Forward Freight Derivatives volume was 102,094, up 98% m-o-m and up 236% y-o-y.

?h Volume of SICOM Rubber Futures, the world&rsquo s price benchmark for physical rubber, was 185,557, up 23% m-o-m and up 47% y-o-y.

The full report can be found here.

*DLCs launched in July 2017.

**Product launched in June 2017 so no meaningful year-on-year comparison available.

-End-

About Singapore Exchange

Singapore Exchange (SGX) is Asia&rsquo s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and 75% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia&rsquo s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world&rsquo s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN.

The exchange was one of the first globally to adopt the Principles for Financial Market Infrastructure, the first and only central counterparty in the region to be fully approved by U.S. regulators as a Derivatives Clearing Organisation and a Foreign Board of Trade, and is recognised by European Union regulators for both securities and derivatives.

As Asia&rsquo s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities. In 2017, SGX was awarded Derivatives Exchange of the Year award by Asia Risk and Asia-Pacific Derivatives Exchange of the Year accolade by GlobalCapital for the fourth year running.

Headquartered in AAA-rated Singapore, SGX has over 700 employees including offices in Beijing, Chicago, Hong Kong, London, Mumbai, Shanghai and Tokyo. For more information, please visit www.sgx.com.

x 0

Sorry just saw your question.

The plant utilization rate in the last qtr of the year when release will shed more light on Wilmar' s performance with respect to the US-China Trade spat. With the current information available, I will avoid buying and holding this counter for longer term. For punting and fast n furious trading, you can look at the E-Wave by SgYuan in this thread for reference.

feliciachua12 ( Date: 27-Jul-2018 12:05) Posted:

Hi Luzhen, thanks for the info. What is your view?

Luzern ( Date: 27-Jul-2018 09:46) Posted:

"

&ldquo We would also monitor the utilisation levels of the group&rsquo s crushing plants in China, which remained high (more than 80%) as of a month ago. According to management, even though performance of its oilseed crushing business will not be affected in the short term, a prolonged standoff between China and the US would impact the utilisation of its crushing plants,&rdquo notes the analyst.

In particular, Low highlights that Wilmar is presently sourcing soybeans from South American countries including Argentina and Brazil, in the face of the impending tariffs.

&ldquo China, the world&rsquo s largest soybean buyer, can afford to implement tariffs this summer as they have Brazil&rsquo s record harvest to help supply their needs. Brazilians gather in their soybean crops from Feb through May, while US soybeans are harvested from late Sep through Nov. After Aug/Sep, when Brazilian harvests are mostly exported, international buyers most likely have to turn to more US supplies,&rdquo she explains.

x 0

Yes, this is the news I was refering to. Look at the numbers and what the market was expecting, Bharti Airtel beats the market expectation. India market its suffering from Competitor' s price cutting, its African biz is improving (accounts for ~25% of revenue). The Indian market is also going thru a consolidation phase and becoming more and more of a 3 Companies Market. This should result in a return to profitability for all 3 dominant Telco in India.. From a Singetl point of view, we will also need to look at the performance of Telkomsel (Indonesia) and Optus (Australia)..... and not to forget TPG launching in Singapore. IMO DYODD

norispurs ( Date: 27-Jul-2018 11:08) Posted:

Bro Luzern, were you referring to this news in your earlier post?

Seems like this is a little ray of hope for ST' s upcoming earnings release next month, considering Bharti has been squeezed pretty tight in the previous quarter?

There still appears to be quite a strong buying interest for SingTel, even post-XD, and price has been holding up so far.

Luzern ( Date: 27-Jul-2018 08:56) Posted:

"

Bharti Airtel Q1 profit grows 17% to Rs 97 cr, EBITDA margin contracts 180 bps QoQ

Africa' s revenue in April-June quarter grew by 6 percent sequentially to Rs 5,284.1 crore with EBITDA rising 7 percent to Rs 1,922.1 crore and margin expansion of 40 basis points at 36.4 percent."

x 0

"

&ldquo We would also monitor the utilisation levels of the group&rsquo s crushing plants in China, which remained high (more than 80%) as of a month ago. According to management, even though performance of its oilseed crushing business will not be affected in the short term, a prolonged standoff between China and the US would impact the utilisation of its crushing plants,&rdquo notes the analyst.

In particular, Low highlights that Wilmar is presently sourcing soybeans from South American countries including Argentina and Brazil, in the face of the impending tariffs.

&ldquo China, the world&rsquo s largest soybean buyer, can afford to implement tariffs this summer as they have Brazil&rsquo s record harvest to help supply their needs. Brazilians gather in their soybean crops from Feb through May, while US soybeans are harvested from late Sep through Nov. After Aug/Sep, when Brazilian harvests are mostly exported, international buyers most likely have to turn to more US supplies,&rdquo she explains.

x 0

"

Mumbai: Bharti Airtel Ltd reported a consolidated net profit during the June quarter (Q1) on the back of a deferred tax gain of ₹ 515.6 crore, which helped it avoid a loss, as the brutal tariff war triggered by Reliance Jio Infocomm Ltd continued unabated during the quarter. Net profit fell to ₹ 97.3 crore in the three months ended 30 June from ₹ 367.3 crore in the year earlier, the telecom operator said in a statement on Thursday. Consolidated revenues for the June quarter stood at ₹ 20,080 crore, down from ₹ 21, 958 crore a year ago.

Pricing pressure is evident from the fact that Airtel&rsquo s data customer base rose 51.5% during the June quarter from a year earlier to 94.78 million users in India during the quarter.

&ldquo Bharti Airtel would have reported loss had it not been for the deferred tax gain in Africa,&rdquo said an analyst tracking the telecom sector with a domestic brokerage who didn&rsquo t want to be named.

&ldquo For Airtel, the mobile wireless business has been a sour point during the quarter, and segments that have held out apart from the African business are the DTH, digital, power and enterprise businesses,&rdquo the analyst added.

A Bloomberg poll of 14 analysts had pegged Bharti Airtel&rsquo s net sales at ₹ 19,873.4 crore for the quarter. Another Bloomberg poll of seven analysts had estimated the company would report a loss of ₹ 427.1 crore for the quarter.

Telecom operators, reeling from a fierce price war that started with the entry of Reliance Jio in September 2016, were hit hard in the December quarter, and subsequently the June quarter, after the telecom regulator&rsquo s decision to slash interconnection usage charges (IUC) levied by mobile networks handling incoming calls from rival networks.

Later, in another blow, the Telecom Regulatory Authority of India (Trai) also cut the international call termination charge from 53 paise a minute to 30 paise a minute, effective 1 February. The termination charge is payable by an international long-distance operator to the Indian telecom operator on whose network an overseas call terminates.

&ldquo Our investments have led to some operational expense headwinds in this quarter, but we remain focused on structural cost containment. With consolidation largely done, the secular opportunity of the Indian telecom market continues to excite us and we remain committed to offer best-in-class services to all consumers,&rdquo Gopal Vittal, managing director and chief executive of (India and South Asia) at Bharti Airtel, said in a statement.

&ldquo Aggressively expanding our 4G capacities and continuing to offer highest data speeds to customers remains a key priority for us, and towards this end, the quarter has seen our highest quarterly capital expenditure of ₹ 7,887 crore,&rdquo Vittal added.

Consolidated Ebitda fell to ₹ 6,837 crore in the quarter ended June, down from ₹ 7,823 crore a year ago, Airtel said. Ebitda is earnings before interest, taxes, depreciation and amortization.

Airtel&rsquo s June quarter revenues from India fell 13%, year on year, to ₹ 14,930 crore on an underlying basis, primarily due to a drop in the mobile business, the company said.

Airtel&rsquo s monthly average revenue per user, or ARPU, in India fell sharply to ₹ 105 in the June quarter from ₹ 154 a year ago. The number of minutes spent on calls on its network, however, grew 62.2% in India during the quarter while the total data usage per customer on its network rose 201.2% from a year earlier.

The company&rsquo s consolidated net debt has increased to ₹ 1,02,902.8 crore in the June quarter from ₹ 87,840.4 crore during the year-ago period.

The performance of Airtel&rsquo s Africa unit has saved the company some blushes. In constant currency terms, the Africa revenues for the June quarter grew 14%, year on year, as the data customer base grew 45.2% and voice minutes on network increased by 43.8% on a yearly basis, the company said.

In addition to Reliance Jio, Bharti Airtel will now also face intensifying competition from Vodafone-Idea Cellular, whose merger was announced by the department of telecommunications today.

According to Bloomberg data, Bharti Airtel had 344.55 million users as of end-May compared with 273.63 million a year earlier.

On Thursday, shares of Bharti Airtel Ltd rose 1.63%, or ₹ 5.75, to ₹ 357.60 on the BSE while the benchmark Sensex gained 0.34%, or 126.41 points, to end the day at 36,984.64 points."

x 0

"

Bharti Airtel Q1 profit grows 17% to Rs 97 cr, EBITDA margin contracts 180 bps QoQ

Africa' s revenue in April-June quarter grew by 6 percent sequentially to Rs 5,284.1 crore with EBITDA rising 7 percent to Rs 1,922.1 crore and margin expansion of 40 basis points at 36.4 percent."

Luzern ( Date: 25-Jul-2018 09:31) Posted:

Sold off my lots bought in the 3.0x, hopefully got chance to collect back at below 3 after XD. I will also be paying attention on some news release on 26 Jul night that might significantly impact this counter.

x 0

For Forummers whom I have given my opinion on this counters, just to let you know i have revised my target prices and expected target dates......I quote from my American friend ....." If it ain' t happening by now, it probably ain' t going to happen."

x 0

Sold off my lots bought in the 3.0x, hopefully got chance to collect back at below 3 after XD. I will also be paying attention on some news release on 26 Jul night that might significantly impact this counter.

x 0

Correlate this news release and the date with SGX price movement and you would know what I want to say.
...............................................................................................................................................................................................................

News Release

6 July 2018

SGX reports market statistics for June 2018

?h Positive performance in the equity markets, with SDAV up 14% y-o-y and growth in market turnover value of ETFs, structured warrants and DLCs.

?h SGX USD/CNH Futures volume from January to June 2018 reached US$194 billion, surpassing 2017 full-year volume of US$190 billion.

Securities

?h Total Securities market turnover value was at S$24.3 billion, down 14% month-on-month (m-o-m) and up 9% year-on-year (y-o-y), over 20 trading days. There were 21 trading days in May 2018 and 21 in June 2017.

?h Securities daily average value (SDAV) was S$1.21 billion, down 10% m-o-m and up 14% y-o-y.

?h Market turnover value of Exchange Traded Funds (ETFs) was S$231 million, down 2% m-o-m and up 16% y-o-y.

?h Market turnover value of structured warrants and Daily Leveraged Certificates (DLCs) was S$1.70 billion, up 22% m-o-m and up 45% y-o-y*.

?h There was 1 new Catalist listing during the month, raising S$4.5 million.

?h There were 40 new bond listings, raising S$11.56 billion.

?h Total market capitalisation value of 746 listed companies stood at S$991.1 billion as of end-June 2018.

Derivatives

?h Total Derivatives volume was 17.82 million, up 7% month-on-month (m-o-m) and up 14% year-on-year (y-o-y).

?h Equity Index Futures volume was 13.50 million, up 9% m-o-m and up 7% y-o-y.

?h FTSE China A50 Index Futures remained the most active contract with volume of 6.47 million, up 4% m-o-m and up 8% y-o-y.

?h SGX Nifty 50 Index Futures volume was 1.65 million, down 4% m-o-m and down 4% y-o-y.

?h Nikkei 225 Index Futures volume was 1.87 million, up 28% m-o-m and down 12% y-o-y.

?h MSCI Taiwan Index Futures volume was 1.61 million, down 3% m-o-m and down 15% y-o-y.

?h MSCI Singapore Index Futures volume was 795,709, down 13% m-o-m and down 2% y-o-y.

?h MSCI India NTR Futures volume was 83,263, down 12% m-o-m**.

?h Total FX Futures volume was 1.85 million, up 10% m-o-m and up 158% y-o-y.

?h SGX INR/USD Futures volume was 1,401,008, up 6% m-o-m and up 159% y-o-y.

?h SGX USD/CNH Futures volume was 423,329, up 19% m-o-m and up 160% y-o-y.

?h Value of cleared OTC SGD Interest Rate Swaps was S$11.77 billion, down 2% m-o-m and down 16% y-o-y.

Page 2

Commodities

?h SGX Commodities Derivatives volume was 1.24 million, down 1% month-on-month (m-o-m) and down 20% year-on-year (y-o-y).

?h Iron Ore Derivatives volume was 934,045, down 10% m-o-m and down 32% y-o-y.

?h Forward Freight Derivatives volume was 102,094, up 98% m-o-m and up 236% y-o-y.

?h Volume of SICOM Rubber Futures, the world&rsquo s price benchmark for physical rubber, was 185,557, up 23% m-o-m and up 47% y-o-y.

The full report can be found here.

*DLCs launched in July 2017.

**Product launched in June 2017 so no meaningful year-on-year comparison available.

-End-

About Singapore Exchange

Singapore Exchange (SGX) is Asia&rsquo s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and 75% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia&rsquo s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world&rsquo s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN.

The exchange was one of the first globally to adopt the Principles for Financial Market Infrastructure, the first and only central counterparty in the region to be fully approved by U.S. regulators as a Derivatives Clearing Organisation and a Foreign Board of Trade, and is recognised by European Union regulators for both securities and derivatives.

As Asia&rsquo s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities. In 2017, SGX was awarded Derivatives Exchange of the Year award by Asia Risk and Asia-Pacific Derivatives Exchange of the Year accolade by GlobalCapital for the fourth year running.

Headquartered in AAA-rated Singapore, SGX has over 700 employees including offices in Beijing, Chicago, Hong Kong, London, Mumbai, Shanghai and Tokyo. For more information, please visit www.sgx.com.

x 0

Yes, painful, that is why a trading plan is a must before trading that counter and cut loss also a must.

marjohn ( Date: 23-Jul-2018 16:17) Posted:

My friend Red gu shorted @$17.20 now brokers called he said just take the sellers and close position!!! Painful losses!!!! Few Ks down the drain! Wow!

Luzern ( Date: 23-Jul-2018 16:10) Posted:

Well played by the Longs (Bulls), respect. See how they set the traps for the shorts........... well done indeed!

x 0

Well played by the Longs (Bulls), respect. See how they set the traps for the shorts........... well done indeed!

x 0

sorry......it should be 2.3 cents different........ (maths failed......

)

Luzern ( Date: 06-Jul-2018 09:23) Posted:

Maybe the house that call the $2.89 price many months back already satisfied and went long on Ah Tel....... after all at $3.02- $0.107 (dividend) is $2.913, just 1.3 cents shy of their projection.

Luzern ( Date: 05-Jul-2018 09:07) Posted:

A rotation to battered down safe haven counters?

x 0

Maybe the house that call the $2.89 price many months back already satisfied and went long on Ah Tel....... after all at $3.02- $0.107 (dividend) is $2.913, just 1.3 cents shy of their projection.

Luzern ( Date: 05-Jul-2018 09:07) Posted:

A rotation to battered down safe haven counters?

x 0

A rotation to battered down safe haven counters?

x 0

Itsthe frequency of the buy backs....can cross check the frequency of the buy back between UOB and Venture and at what point did Venture got hammered down. For Keppel which I have been following, it price got hammered the last 3 days when there is no buy back and especially today when shortists gain confident.

x 0

maybe distruption is due to solar burst.......so no fine......

soul9110 ( Date: 04-Jul-2018 10:48) Posted:

wa...jia lat liao...noriced reported almost whole singapore area, Singtel broadband down...it kena fine gao gao .....then the price drill down again and agin....never end....

x 0

Maybe its a 24months Target?

x 0

I agree as well.

chillipadi ( Date: 04-Jul-2018 09:43) Posted:

Just know that no matter how good you are, there will still be people who will find something to comment on.
You have been doing lots for many bro/sis here and I strongly believe they will agree with me.

SgYuan ( Date: 03-Jul-2018 22:09) Posted:

Thks.
This will be the energy to continue.
If it is so easy I will be millionaire.
It is important to see the primary flow.
I will try my best every time

x 0

haiz...... another kamikaze attacker.............here to disrupt the peace.

x 0

I am not so good with individual stock e-Wave. That' s why keep looking at yours.

SgYuan ( Date: 02-Jul-2018 21:57) Posted:

bro u know EW.

wave a 251 to 219 delta 32
wave b 219 to 237 delta 28
wave c 237 to ?205 delta 32
- px hot low 225

Now primary direction is dn on wave c.

Luzern ( Date: 02-Jul-2018 14:12) Posted:

With the July 1st dateline come and passed. I expect CDG to trend down, along with market sentiment for the week on Trade tariffs fear.