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14-May-2015 12:47

Sheng Siong / Sheng Siong

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so in a way, no offence to ntuc fairprice who do a good job locally, sheng siong bosses and management are very ' enterprising good' .....

CalvinChia888 ( Date: 14-May-2015 12:39) Posted:

so i believe the news is about China venture....

You know what makes Walmart one of the ' richest' groups and families ...?

US BIG SPENDER MARKET for the past few decades......Of course Sheng Siong will not be like Walmart, but if they control some market share in a China Province area that is already HUGE.... and they will enjot ' economies of scale ' due to sourcing and purchasing synergies....

CalvinChia888 ( Date: 14-May-2015 12:34) Posted:

my read is :

Sheng Siong bosses are do-ers....look how Sheng Siong grow over these years...but in Singapore , market is only x.....

so they need xXXXXXXX more X market, few months ago...the bosses went to China, cos the only way to expand is via overseas expansion....

when the news came out, it shoots up a few cents, ...but this counter is very ' sensible' ....stock....so after it cools down a bit, i confess i didnt get the lowest at around 67~68 after news came out that 2 weeks or so, but when i saw 67 68 , 68 69...until 70 71......then i know.....must buy some....cos i have faith in the bosses , cos i believe they are do-ers...not talk a lot like some companies..u know who la....

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14-May-2015 12:39

Sheng Siong / Sheng Siong

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CalvinChia888 ( Date: 14-May-2015 12:34) Posted:

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14-May-2015 12:34

Sheng Siong / Sheng Siong

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14-May-2015 12:28

Sheng Siong / Sheng Siong

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i suggest u go enrol with Raffles Education their creative art courses.....

have u been studying abc 123 too much ?

ThankYou ( Date: 14-May-2015 12:24) Posted:

Or is it usually sell on news?

CalvinChia888 ( Date: 14-May-2015 11:09) Posted:

when Sheng Sion Trading Halt = 99.99% Good News. buckle your seatbelt, we are taking off to above $ 1 level

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14-May-2015 12:24

Sheng Siong / Sheng Siong

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one can be crazy, but not to the extent like you so crazy. dont be siao la

Huat1368 ( Date: 14-May-2015 12:21) Posted:

Judgement date for Kidnapping case of Mrs Lee?

CalvinChia888 ( Date: 14-May-2015 11:09) Posted:

when Sheng Sion Trading Halt = 99.99% Good News. buckle your seatbelt, we are taking off to above $ 1 level

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14-May-2015 12:16

Yongnam / Yong nam

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i itchy go bot at 0.178 ...sianzzz

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14-May-2015 11:26

Neptune Orient L Rg / NOL

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must collect ezion...

halleluyah ( Date: 14-May-2015 11:24) Posted:

i predicted to hit ard 75-80 by yr end....am holding ezra n haven collected ezion yet

CalvinChia888 ( Date: 14-May-2015 11:17) Posted:

i exited NOL cos i am betting Oil prices to hit $80 soon...i may be wrong....

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14-May-2015 11:17

Neptune Orient L Rg / NOL

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i exited NOL cos i am betting Oil prices to hit $80 soon...i may be wrong....

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14-May-2015 11:09

Sheng Siong / Sheng Siong

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when Sheng Sion Trading Halt = 99.99% Good News. buckle your seatbelt, we are taking off to above $ 1 level

CalvinChia888 ( Date: 12-May-2015 13:18) Posted:

why u guys got so ' shocked' when it touches 85 cents ? i bought into this when it was around 70 cents.

why ?

cos i believe this will cross above $ 1

CalvinChia888 ( Date: 11-May-2015 12:59) Posted:

this will be a $1 stock .

if NTUC fairprice go for IPO, think more than $ 1.20.

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14-May-2015 01:25

Ezra / EZRA HOLDINGS - RED HOT NEWS

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Yes, Yes.

Any O & G stocks, my guess : can buy or just buy

whether Ezion or Ezra or KepCorp or Sembcorp or Ottomarine or SHS or Kepcorp or Tech Oil & Gas...

my suggestion : all can buy

Even not very closely related O & G stocks like shipyard such as YZJ or Cosco and of course conglomerates like Kepcorp or Sembcorp all worth buying

DYODD

Lucky03 ( Date: 14-May-2015 01:18) Posted:

Crude Futures Rise on Weaker Dollar as Inventories Drop Again
By Moming Zhou and Mark Shenk - 13 May 2015 10:38:26 pm

Crude futures rose for a second day as the U.S. dollar weakened to a four-month low, boosting oil?s investment appeal, while inventories fell again.

Gains for New York-traded oil futures lagged behind Brent after U.S. refineries reduced their crude use by the most in almost four months.

Oil has rebounded from a six-year low in March as U.S. companies cut the number of active rigs to the fewest since September 2010, bolstering speculation that output will slow. Both OPEC and the International Energy Agency revised up demand estimates for the year.

?The oil market has been trading on the data and the dollar this week,? Rob Thummel, a managing director and portfolio manager at Tortoise Capital Advisors LLC in Leawood, Kansas, who helps manage $16.9 billion, said by phone. ?As the dollar has weakened, you?ve seen the oil market react as you would expect.?

Brent for June settlement, which expires Thursday, increased $1.24, or 1.9 percent, to $68.10 a barrel at 12:40 p.m. New York time on the London-based ICE Futures Europe exchange. The European benchmark crude traded at a premium of $6.76 to WTI, up from $6.11 on Tuesday.

WTI for June delivery rose 56 cents to $61.31 a barrel on the New York Mercantile Exchange after earlier climbing as much as 1.8 percent. The volume of all futures traded was about 11 percent above the 100-day average for the time of day.

Biggest Drop
The Bloomberg Dollar Spot Index fell as much as 1 percent after a report showed sales at U.S. retailers were little changed in April.

?The dollar is breaking down and it?s supportive for oil,? said Bill O?Grady, chief market strategist at Confluence Investment Management in St. Louis, which oversees $3.4 billion. ?We actually saw a decline in refining activity and that?s surprising.?

Refineries used 16.3 million barrels a day of crude last week, down from 16.6 million the previous week, the Energy Information Administration said in a report on Wednesday. That was the biggest drop since Jan. 16. Plants operated at 91.2 percent of their capacity, down from 93 percent. Analysts surveyed by Bloomberg had expected a gain of 0.5 percentage point.

?The downtick in the refinery utilization could allow oil inventories to rebuild in the coming weeks,? said John Kilduff, a partner at Again Capital LLC, a New York-based hedge fund that focuses on energy. ?That was a bit of a surprise.?

Crude stockpiles decreased by 2.19 million last week to 484.8 million. Analysts surveyed by Bloomberg had forecast a drop of 250,000. Stockpiles at Cushing, Oklahoma, the delivery point for WTI futures, slid by 990,000 to 60.68 million.

?Priced In?
The American Petroleum Institute was said to have reported Tuesday that inventories dropped by 2 million barrels and Cushing supplies fell by 827,000, according to ForexLive.

The EIA report ?pretty much dovetails with the API numbers,? O?Grady said. ?It?s already been priced in.?

U.S. crude production was 9.37 million barrels a day last week, according to EIA estimates. That?s down from 9.42 million on March 20, the highest level in weekly data going back to 1983.

U.S. shale oil producers seem to have ?blinked? in their ?supposed standoff? with the Organization of Petroleum Exporting Countries and the ?relentless rise in U.S. supply seems to be finally abating,? the IEA said in a monthly report Wednesday.

The IEA increased its 2015 estimate for global oil demand by 50,000 barrels a day. OPEC raised its forecast for daily global oil demand this year by 10,000 barrels to 92.5 million, according to a report on Tuesday.

More articles on Oil

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14-May-2015 01:01

Yongnam / Yong nam

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if above 30 cents , i will personally go to yong nam office and order KFC for the reception

PanicTrader ( Date: 13-May-2015 19:44) Posted:

will it ever reach its heady days above 30c??

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14-May-2015 00:56

Shen Yao / ThinkEnv name change to Liongold Corp

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you buy 1st. then after 1 week , u tell us how is it .

ThankYou ( Date: 13-May-2015 23:07) Posted:

Gold prices surge! Can buy liongold? Any advice? Thanks!

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14-May-2015 00:38

Healthway Med / healthway, healthy?

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i didnt know that. so if it is true , then u r right, i am out-dated.

to be honest, i find healthway and IHC very complicated and complex...

but surely one day we will know what they are up to and then we will learn their ' skills'

happyharvest ( Date: 13-May-2015 23:52) Posted:

thought healthway divest their share in IHC already?

CalvinChia888 ( Date: 13-May-2015 19:10) Posted:

this one owns about 7% of IHC, i am watching it closely

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13-May-2015 19:31

YZJ Shipbldg SGD / Cruising with the ship ..Yangzijiang

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regrets, i had a few....

this one very very strong,....above $ 1,50 soon

CalvinChia888 ( Date: 13-May-2015 02:11) Posted:

YZJ very strong. Very very strong. I let go too early.

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13-May-2015 19:22

LHN / LHN IPO - first ipo for the year should do well

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this one ' too family-controlled' ...look at who and who in the management and directors....think this is family business ?

so renumeration wise...not so sure,..if will...u know... this and that

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13-May-2015 19:10

Healthway Med / healthway, healthy?

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this one owns about 7% of IHC, i am watching it closely

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13-May-2015 19:09

Neptune Orient L Rg / NOL

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think NOL can hit $ 1.3 soon

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13-May-2015 19:08

Yongnam / Yong nam

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not bad today. if above $0.16 even better.

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13-May-2015 02:11

YZJ Shipbldg SGD / Cruising with the ship ..Yangzijiang

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YZJ very strong. Very very strong. I let go too early.

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13-May-2015 01:49

Neptune Orient L Rg / NOL

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If NOL goes down below $ 1, will buy some. Sold too early si Bei sian.

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