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Black Gold Industry Discussion
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Qanghoo
Supreme |
25-Oct-2018 16:26
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Brother, I' m hoping for 3-4 or even higher.  But don' t take my word for it.  It' s my personal thought n may be too opportunistic to be realised. 
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Francisgohyc
Master |
25-Oct-2018 16:21
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Thank for your explanation, you are very detail guy So what is your TP for SMM, I will buy in on Wennesday or Thursday when the dust settle down Cheer
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trademaster
Supreme |
25-Oct-2018 15:58
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No need analyse so much. Buy low sell high. Not sure buy a few batches, hoot big big at bottom But have to know your stock pattern well |
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Qanghoo
Supreme |
25-Oct-2018 15:52
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Hello, brother.  What I said was poor weather (specifically el nino) cld shore up palm oil px.  That' s why I' ve been trying to monitor for signs of an EN.  But without it, palm oil px outlook seems pretty bleak.  It' s now hovering ard 2200 RM at the peak of the last EN, it surged to ard 3200 RM.  So, CPO is abt 30% down.  Soya beans, a close substitute, is  also going cheaper probably n partly thx to donald duck' s trade war.  Furthermore, oil px is down these last wk or so which shd reasonably have been a negative for palm as a bio diesel substitute.    All these expplain the gradually  dull CPO px n gradually deteriorating  results of GA n IA.  However, it' s true that GA seems bouncing ard 235 to 260 now.  Even IA also saw quite a lot of bulishness recently.  So, my guess is there seems some strong invisible hands doing some magic for these two stocks.  Still, the volatility present good opportunities to make $$$$ n I wish u n the rest in there lots of good luck. As for SMM,  I think it' s also being massaged heavily.  Imagine the sudden surge early this yr to nearly 3SGD n now < 2, n lots of volatility in between, presenting good $$$ spinning opportunities too.  But my personal take is SMM (n KC too) will shoot through the roof when (n not if) rig orders start returning.  DYODD as always. 
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Francisgohyc
Master |
25-Oct-2018 15:27
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Hello Qanghoo this is the first time that you have agree on this and  are going to fish SMM within this few days I buy GAR, you mention poor weather will becasue less palm oil produce. I earn a few k  from  GAR SMM I have monitor it for quite something, it is like road runner, up and down very fast, Huat together with SMM Tonight I will go to buy itoto (8 million ), sure win liao and buy more SMM
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Secret_Squirrel
Elite |
25-Oct-2018 15:26
Yells: "Stay curious but skeptical" |
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Now is Low Price Price Low (LPPL).  How low will it get? 
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Qanghoo
Supreme |
25-Oct-2018 15:06
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I think sg mkt got or no ' panic' selling is at chng kays' mercy.  It' s good that in this case, px remains relatively steady.  Tonite, weak results are expected n if DJ also tanks again, then we can say tmr will probably bring us richer fishing grds for SMM.  DYODD as always. 
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Francisgohyc
Master |
25-Oct-2018 13:49
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Now $1.71      drop 4 cents 3.4 milion share traded There is no panic selling if not it will be 7-10 cents drop   |
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Puppylearn
Senior |
24-Oct-2018 17:49
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Yup, the higher price I get is $3.25+
$1.70 is very very cheap lol
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Francisgohyc
Master |
24-Oct-2018 17:13
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At $1.70 is a good price, nobody will know how high or low it can go Keep for long term should be OK
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trader25yr
Master |
24-Oct-2018 15:07
Yells: "I hate con man" |
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oil up $84 not much new business oil now $76 lagi no new business si bei jia luck ... today price already tell you what to expect in its result ... if result out and you see its price gap down, means 1.60 coming loh ... |
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Qanghoo
Supreme |
24-Oct-2018 14:57
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i wait till after tmr.  Think will go to < 170.
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limkt009
Master |
24-Oct-2018 13:05
Yells: "Watch your front, grab $$$$$$$$ at your own time" |
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Good | ||||
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Puppylearn
Senior |
24-Oct-2018 12:51
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If price $1.60 is buy 1 get 1
Last time my higher price is $3.20
I wait $1.70 to buy again no need wait $1.60 😂
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trader25yr
Master |
24-Oct-2018 11:53
Yells: "I hate con man" |
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once loss money result out + oil down maybe lots of force sell ... then 1.60 also possible 
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Puppylearn
Senior |
24-Oct-2018 10:14
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I still wait for $1.70
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Francisgohyc
Master |
24-Oct-2018 10:13
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Now $1.78 drop 4 cents 2.7 million STI up 3 point Tomorrow result may not be profitable, will buy on next Wednesday (target at $1.70 ) 31-10-18 to keep for long term   |
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trader25yr
Master |
22-Oct-2018 10:57
Yells: "I hate con man" |
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Got contract also no up much ... same story lah ... No business no revenue Got business no profit  si bei jia luck ...   but .... using relative strength, if this got news only up +1.6% today,what makes starhub no news old news up +2.1% today??? conclusion ... short starthub at +2.1% today is a good short     
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trademaster
Supreme |
22-Oct-2018 10:36
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189/190 :)
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granto
Master |
22-Oct-2018 08:50
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Sembcorp Marine awarded FPSO modification job by Teekay Offshore https://splash247.com/sembcorp-marine-awarded-fpso-modification-job-by-teekay-offshore/ | ||||
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