ShareJunction - Member Posts

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Not bad for sembmar if it can hold above $3.7 today.

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Lets see if it can hit 0.655 today :-)

CharlesChen ( Date: 03-Oct-2014 12:50) Posted:

Cheers to all those who hold sunvic previously. My immed target price is still $0.65 and i will buy back again when it retraced.

CharlesChen ( Date: 23-Sep-2014 13:01) Posted:

Think by looking at the chart, Sunvic is gonna do something crazy and charge up to 0.65 before dropping.

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Don' t worry too much about sembmar as selling is near its limits and bulls should be able to gain some grounds.

CharlesChen ( Date: 09-Oct-2014 09:39) Posted:

Lets see if it will cross $3.7 today.

CharlesChen
Senior

08-Oct-2014 12:29 User is Online

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Quote! Style: Fundamental

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Alert Admin

Lets see if it can cross $3.7 resistance

CharlesChen ( Date: 02-Oct-2014 14:05) Posted:

Yup i agree bro, fundamentally, there are alot of uncertainties so one should be careful when making decisions on this counter. For me, I will prefer keppel corp over sembmar if base on fundamentals but technically, the risk to reward ratio is worth taking small positons at $3.6 and $3.5. My stop loss will be $3.47.

kagekage ( Date: 09-Oct-2014 03:05) Posted:

Agree, now I dun even bother to check the price, will consider to buy somemore below $10 ...

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Getting closer now.

CharlesChen ( Date: 08-Oct-2014 21:09) Posted:

Wait for a possible technical rebound towards $9.9. That will be a gd exit point for ppl who wish to give up this counter. This is what I will do if i am vested. Do exercise your own judgement :-)

CharlesChen ( Date: 07-Oct-2014 13:39) Posted:

It has to hold $9.76 orelse we could be looking at $9.66 soon.

However if it does breached $9.76, ppl should not rush to sell as u can actually accumulate abit near $9.66 region and wait for a technical rebound towards $9.9 region before exiting altogether.

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Lets see if it will cross $3.7 today.

CharlesChen
Senior

08-Oct-2014 12:29 User is Online

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Quote! Style: Fundamental

x 0

Alert Admin

Lets see if it can cross $3.7 resistance

CharlesChen ( Date: 02-Oct-2014 14:05) Posted:

Yup i agree bro, fundamentally, there are alot of uncertainties so one should be careful when making decisions on this counter. For me, I will prefer keppel corp over sembmar if base on fundamentals but technically, the risk to reward ratio is worth taking small positons at $3.6 and $3.5. My stop loss will be $3.47.

kagekage ( Date: 09-Oct-2014 03:05) Posted:

Agree, now I dun even bother to check the price, will consider to buy somemore below $10 ...

CharlesChen ( Date: 09-Oct-2014 00:35) Posted:

Bro, just hold on first if your financial situation allows coz no point selling now as the exit price doesnt favours you now. I sold mine few weeks ago and is now looking to buy back at the right price.

CharlesChen
SeniorPosted: 02-Oct-2014 11:29

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Can wait abit more. Maybe below $10.2 can enter abit. Sold mine at $10.7 few weeks ago. A friend of mine working in keppel said he will wait for it to be below $10 then enter. This is a gd counter....... fundamentally.

danger ( Date: 02-Oct-2014 11:23) Posted:

TARGET : $12.50

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Ebola can be a problem but it will not be an overnight explosive epidemic. Airline companies are most sensitive to oil prices and current low oil prices should provide some relieved to SIA. In addition, euro has been dropping aggressively against the greenbacks and year end holiday season is in the horizion, flights to Europe should be healthy.

gavinl ( Date: 08-Oct-2014 22:15) Posted:

If ebola issue not settle and it spread to the rest of Europe, then good luck.

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Bro, just hold on first if your financial situation allows coz no point selling now as the exit price doesnt favours you now. I sold mine few weeks ago and is now looking to buy back at the right price.

CharlesChen
SeniorPosted: 02-Oct-2014 11:29

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Can wait abit more. Maybe below $10.2 can enter abit. Sold mine at $10.7 few weeks ago. A friend of mine working in keppel said he will wait for it to be below $10 then enter. This is a gd counter....... fundamentally.

danger ( Date: 02-Oct-2014 11:23) Posted:

TARGET : $12.50

kagekage ( Date: 08-Oct-2014 23:48) Posted:

Keppel worse,from $11 to $10.3 within < 2 months ... I blue black, internal injury ...

Qanghoo ( Date: 08-Oct-2014 22:50) Posted:

Looks like price may have bottomed out. KepCorp seems to be the next punching bag. Kena wacked left and rignt the last few days.

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Wait for a possible technical rebound towards $9.9. That will be a gd exit point for ppl who wish to give up this counter. This is what I will do if i am vested. Do exercise your own judgement :-)

CharlesChen ( Date: 07-Oct-2014 13:39) Posted:

It has to hold $9.76 orelse we could be looking at $9.66 soon.

However if it does breached $9.76, ppl should not rush to sell as u can actually accumulate abit near $9.66 region and wait for a technical rebound towards $9.9 region before exiting altogether.

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Hope it can hold up at current lvl today.

CharlesChen ( Date: 08-Oct-2014 12:29) Posted:

Lets see if it can cross $3.7 resistance

CharlesChen ( Date: 02-Oct-2014 14:05) Posted:

Yup i agree bro, fundamentally, there are alot of uncertainties so one should be careful when making decisions on this counter. For me, I will prefer keppel corp over sembmar if base on fundamentals but technically, the risk to reward ratio is worth taking small positons at $3.6 and $3.5. My stop loss will be $3.47.

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Lets see if it can cross $3.7 resistance

CharlesChen ( Date: 02-Oct-2014 14:05) Posted:

Yup i agree bro, fundamentally, there are alot of uncertainties so one should be careful when making decisions on this counter. For me, I will prefer keppel corp over sembmar if base on fundamentals but technically, the risk to reward ratio is worth taking small positons at $3.6 and $3.5. My stop loss will be $3.47.

alexcai ( Date: 02-Oct-2014 13:50) Posted:

In my opinion, for those whom would like to invest or exit the stock should keep in mind of petrobas and analysis.

" Prosecutors have filed fraud charges against an erstwhile executive of Petrobras and eight other suspects over alleged gross overbilling for a contract, the latest corruption scandal to rock the Brazilian state-controlled oil giant."

Often, investors have lot of uncertainty when fraud is involved.

On top of this, crude oil price hit low everyday.

Generally the outlook of sembcorp marine looks bleak for now.

It is definitely a sub-marine now, and the question now is: how deep is the ocean?

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SIA is in oversold region liao. A technical rebound should happen soon.

sun233 ( Date: 07-Oct-2014 15:39) Posted:

Interesting reasoning............

CharlesChen ( Date: 07-Oct-2014 15:29) Posted:

Actually it might not be a bad thing for the counter to sell off abit before the result is released so as to relieve some pressure and to lower expectations. If the result is not as bad as what the market has priced in, the price will be adjusted back up. Alot of times i have seen stocks run up only to get slammed down real bad once the result is out. Dont get overly worried.

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Actually it might not be a bad thing for the counter to sell off abit before the result is released so as to relieve some pressure and to lower expectations. If the result is not as bad as what the market has priced in, the price will be adjusted back up. Alot of times i have seen stocks run up only to get slammed down real bad once the result is out. Dont get overly worried.

sun233 ( Date: 07-Oct-2014 15:22) Posted:

I wonder why they don' t sell directly to SQ since they have been buying back stock! Could have got a higher price! Earnings sure to disappoint again.

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It has to hold $9.76 orelse we could be looking at $9.66 soon.

However if it does breached $9.76, ppl should not rush to sell as u can actually accumulate abit near $9.66 region and wait for a technical rebound towards $9.9 region before exiting altogether.

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The news is not impt. The price is. :-)

Cool123 ( Date: 07-Oct-2014 09:31) Posted:

Good news coming. Repeat good news coming.

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It has already started.

ramuslow ( Date: 06-Oct-2014 17:03) Posted:

Sunvic may start to run again

See the entry and exit price at my Trading and Investment blog

masterstocktrader blog spot sg

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Thanks bro Qanghoo for extracting out the info. Previously I only saw 2Q2014 buybacks and it is around 1.7mil but after tracing back to 2013, they really did buy back at a higher price and it was 2.7 mil at that point in time.

I tried going back to 2013 peak when it closed at 1.145 and it was around PE 14.5 of their FY2013 earnings. Currently they are trading at rolling PE 9.46 and I think the negativity has been priced in and it is in oversold region.

If i were to take Q12014 results which declined 27.9% (Q to Q) and assume the rest of the year to be just as bad, then FY2015 earnings will be $0.0368.

As retail sector PE is usually around 14 - 18, target price of $0.5 will only be PE 13.58 which will be reasonable as we havent include any positive surprises or catalysts.

But then again, there are better counters to look at if one havent vested yet. For those already in it, theres no need to get out in a hurry and should wait until year end as the downside (not say dont have) is limited.

Qanghoo ( Date: 03-Oct-2014 22:47) Posted:

Bro, from what I' ve checked, buy backs started around 21 Oct 13, slightly before the release of CA s 2Q13 results. The share slide started after the 1Q13 results. From Oct 13 to now, there have been many buy backs, price ranging from 80c+ to current price level. The CEO purchased 2 mil+ from late Nov to Dec 13. I' ve not done further checks on whether he bought more after that. But I seem to recall he took a loan too to finance his purchases. Tried to look up details to refresh my memory, but don' t seem to remember where I' d seen it.

CharlesChen ( Date: 03-Oct-2014 21:52) Posted:

Bro, from what I have seen from the share buyback from SGX since august, their avg price is around 0.45 which also happens to be the closing price today. I am not sure where u got the info that their buy back avg price is way above current price. Can u list down for me

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Bro, from what I have seen from the share buyback from SGX since august, their avg price is around 0.45 which also happens to be the closing price today. I am not sure where u got the info that their buy back avg price is way above current price. Can u list down for me?

Qanghoo ( Date: 03-Oct-2014 20:51) Posted:

From the SGX website, they' d been buying back at far above current price. Furthermore, CEO was buying at much higher price too. They probably tried their best to contain the rot, but did not succeed.

CharlesChen ( Date: 03-Oct-2014 19:04) Posted:

The reason for the drop to this current level is due to the foreseeable lacklustre retail environment in both SG and Msia so downside has already been priced in since previous quarter report.

Indo stores performance is a question mark but the probability of it being a catalyst to move stock is more than it being a downside risk at this point of time.

The final quarter is usually a buying season as Christmas, new year and chinese new year are all around the corner plus bonuses comes in so retail sectors should benefit from it.

Share buy back at current level signifies that management felt the risk for further downside is limited as they could have chosen to buy back when it was above $0.5 but they didnt and they wait until recently then buy back.

Overall, theres a gd chance for it to bounce back above $0.5 level but I will say there are better stocks with better probability for a move as compared to Courts.

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The reason for the drop to this current level is due to the foreseeable lacklustre retail environment in both SG and Msia so downside has already been priced in since previous quarter report.

Indo stores performance is a question mark but the probability of it being a catalyst to move stock is more than it being a downside risk at this point of time.

The final quarter is usually a buying season as Christmas, new year and chinese new year are all around the corner plus bonuses comes in so retail sectors should benefit from it.

Share buy back at current level signifies that management felt the risk for further downside is limited as they could have chosen to buy back when it was above $0.5 but they didnt and they wait until recently then buy back.

Overall, theres a gd chance for it to bounce back above $0.5 level but I will say there are better stocks with better probability for a move as compared to Courts.

Qanghoo ( Date: 03-Oct-2014 18:34) Posted:

Earn more in Indonesia may be offset by lacklustre retail environment in Singapore. Also, in Malaysia, seems the increase in petrol price may have a negative impact on the retail scene. But wild there be a likelihood of pre-GST spending to pull in the retail $?

CharlesChen ( Date: 03-Oct-2014 15:56) Posted:

For the bros who have this counter, the key catalyst will be the new stores opening in Indo. End year period buying mood plus novelty should support the new stores. Key risk will be possible social unrest when jokowi take office this 20th but the probability is low for now.

Company' s decent cash position should support oversold positions with share buy back.

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For the bros who have this counter, the key catalyst will be the new stores opening in Indo. End year period buying mood plus novelty should support the new stores. Key risk will be possible social unrest when jokowi take office this 20th but the probability is low for now.

Company' s decent cash position should support oversold positions with share buy back.

kelvinleow79 ( Date: 03-Oct-2014 15:47) Posted:

You bought already?

Looks like massive selling is over... with company constant buyback... market is stabalising...

Anything u can get below 0.45 should be a good entry price.... (but still take note to stop loss 0.43)

In fact.. today totally nothing traded up till this time..

fundamentalhero ( Date: 01-Oct-2014 22:43) Posted:

okay~ hopefully this year year they give dividend like last year

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Cheers to all those who hold sunvic previously. My immed target price is still $0.65 and i will buy back again when it retraced.

CharlesChen ( Date: 23-Sep-2014 13:01) Posted:

Think by looking at the chart, Sunvic is gonna do something crazy and charge up to 0.65 before dropping.