Latest Forum Topics /
ST Engineering
Last:10.57
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ST Engg
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MichaelSchenker
Master |
03-Jan-2018 11:05
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Current: 3.29/3.30 Last Done: 3.30 Congrats to those who bought or add recently. So, is it time to Sell some or Add more? Or take profit altogether? |
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MichaelSchenker
Master |
02-Jan-2018 15:05
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Current 3.28/3.29 Quite tempted to Sell some...   Will queue slightly higher... |
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wavehunter
Supreme |
28-Dec-2017 22:39
Yells: "Trade what you see, not what you hope to see." |
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At least it has stopped dropping. Selling has abated quite alot. That' s why we dont see her making newer lows everyday or every other day. This one, for her to U-turn back up, you need to wait for this fellow to show up. ![]()
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Ray12888
Veteran |
28-Dec-2017 19:53
Yells: "MoneyInTheChart com / blog" |
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Still no sign of a change in downtrend yet. | ||||
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wavehunter
Supreme |
28-Dec-2017 09:37
Yells: "Trade what you see, not what you hope to see." |
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Her 20-ema, ie. 3.23... has become a resistance. Now 3.23 : 3.24. Let' s see if this Meow Meow can grow into a tiger .... or remains as a pussy cat.    ![]()
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leongyan
Master |
27-Dec-2017 09:44
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Yes dead cat bounce. Stick to 3.18-3.23 range trading now. Every 100 lots yield S$2-3k
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MichaelSchenker
Master |
25-Dec-2017 23:23
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It was a big case but low profiled. The case implicated 2 board members, one of them the ex-CEO of ST Engineering, who was not charged but has since resigned citing health reasons. The ex-president/CEO of ST Marine has since taken the rap & jailed. The thing about this case is that the perpetrator committed the offence not for personal gains, at least not directly, citing common business practices in that country. However, Auditors dont see eye to eye.
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ysh2006
Supreme |
25-Dec-2017 19:21
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This company last time have a saga too to gave rebate commissions to clients  to get business, this  was reported in the Newspaper.
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wavehunter
Supreme |
23-Dec-2017 18:25
Yells: "Trade what you see, not what you hope to see." |
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![]() So far, the last 3 attempts to bounce all failed. And they failed becoz there was no big buyer around to spearhead the buying. Retail buying can only do so much. You need the big guns to unleash their massive firepower before this rocket can produce enough thrust to lift off to break free from the Earth' s gravity.  So what is the prospect of Attempt No. 4?  To me, the key is the daily volume. There is simply not enough volume to suggest that a big gun is buying. If you study the Intraday Time & Sales ticker, the biggest BUY--UP trade was only 81.4 lots. The next biggest is 58 lots. Both were done at 3.24. Trades of this size can be easily done by a rich retail trader. And with CFD, many more retail traders can do it. The low volume coupled with the absence of multiple BUY--UP trades in big lots of 250 to 500 or more lots tells me all the buying we saw on Friday were by retail traders.  Unless a big gun suddenly appears on Tuesday to take the driver' s seat, this 4th attempt is likely to fizzle out into another disappointment.  |
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yuzuisland
Elite |
22-Dec-2017 14:31
Yells: "red day buy green day sell" |
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Now at 3.24, I wonder if this is another dead cat bounce or if it has decided its support is at 3.18. Defnitely KIVing this!
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leongyan
Master |
21-Dec-2017 09:59
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Now is buy 3.18 sell 3.22 range.. trading is the way to go for this counter right now
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MichaelSchenker
Master |
20-Dec-2017 16:50
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Thats right, those willing to let go at 3.21 for 10 lots already pocketed $300+ less commission. Not bad for a intraday trade. But for ST engg, can hold Long term. Dividend usually 15 to 16 cents per annum. Safe bet.....no, safe investment.
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canalrat
Member |
20-Dec-2017 15:18
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Rebounded abit to hit 3.21 ... lets see if this holds up. | ||||
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KAMAL0883
Supreme |
20-Dec-2017 14:40
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below $3 then consider jeep bah 
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BigBoss99
Member |
20-Dec-2017 10:28
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Agree, this stock is good for mid-long term. This is a good price to enter. Vested 
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MichaelSchenker
Master |
20-Dec-2017 08:02
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Certainly looks good.  Should be looking to go back to 3.2+ easily...
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canalrat
Member |
19-Dec-2017 17:12
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Dropped to 3.17 today...
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destinykraze
Elite |
15-Dec-2017 16:02
Yells: "Reality is only a matter of perception" |
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STI on retreat. Same pattern, would probably see more volume after 2018 jan. | ||||
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halleluyah
Supreme |
15-Dec-2017 15:02
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broke 3.20....looks weak.... | ||||
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SuperLuckyCorn
Supreme |
15-Dec-2017 14:39
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Great to hear that all gain from that...now waiting to re-enter too.
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or remains as a pussy cat.    


  