| Latest Forum Topics / Straits Times Index |
|
|
The next chapter
|
|||||
|
risktaker
Supreme |
04-Mar-2016 16:36
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
We are entering 2nd week of march... my advise for u guys is take profit first... then see how next week... take half at least if u still bullish .. | ||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
04-Mar-2016 16:31
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
Overnight, the CEO of Dry bulk shipper Golden Ocean Group, Herman Billung spoke before an industry conference in Oslo, and made it clear that our worst-case expectations may prove to be optimistic.
Photo: Golden Ocean Group He said that Dry Bulk shippers should expect little respite for another two years, adding that an enormous oversupply of vessels isn?t sustainable: "It's a fair assumption to make that only half of the orderbook in 2016 will be delivered." He warned that "in the coming months there will be a lot of bankruptcies, counterparty risk will be on everybody's lips." Useful tip: any time a CEO is warning about counterparty risk, it's probably a good idea to listen. Just to emphasize his point to the local audience he said that "The market has never been this bad before in modern history.We haven't seen a market this bad since the Viking age. This is not sustainable for anybody and will lead to dramatic changes." Yes, it's that bad. And what's worse, is that once Billung is proven to be right and the dry bulk bankruptcy tsunami is unleashed sweeping away hundreds of ships with it, the next question will be just which (mostly European) banks, have the greatest "secured" loan exposure to the dry bulk industry, a sector where we fully expect recoveries on secured loans to be in the pennies on the dollar |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
risktaker
Supreme |
04-Mar-2016 16:26
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 1 Alert Admin |
This is just short squeeze.... and it will be over soon....the amount of short level seen is at its highest since 2009... and why market didnt crash becos some godly gang hold it | ||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
04-Mar-2016 16:21
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 1 Alert Admin |
Well US PPT control the market... with buffet and gang supporting it. ..... but eventually they cant hold the market... its just matter of time.. i believe mid to end of march... market will lose its strength...
|
||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
04-Mar-2016 16:20
|
||||
|
x 0
x 0 Alert Admin |
Looks like panic covering and closing of shorts | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
newbie24
Veteran |
04-Mar-2016 16:15
|
||||
|
x 0
x 0 Alert Admin |
You just said a few days back that every following day was a day of the shortists LOL. How to mark your words
|
||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
04-Mar-2016 16:12
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
March will the peak for market for 2016... :) mark my words... haha
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
04-Mar-2016 15:31
|
||||
|
x 0
x 0 Alert Admin |
Certainly beside oil ....there must be more for the global market to shot up so strongly ...HK SSE and SG all up Are there any weekend news coming out of that CHINA meeting that we dont know.....of course...HK/SSE bb know in advance. Seem to be that direction. Have a nice weekend.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Isolator
Supreme |
04-Mar-2016 15:26
|
||||
|
x 0
x 0 Alert Admin |
Just the beginning... Long and enjoy.. | ||||
| Useful To Me Not Useful To Me | |||||
|
trader20yr
Senior |
04-Mar-2016 15:10
|
||||
|
x 0
x 0 Alert Admin |
Yes, today can see angthing long also make $$$ including junk ...  normally that means the end is very near ... I sold everything already and have nothing on  now, ... totally nothing on, ... monday  will have to go naked already ... |
||||
| Useful To Me Not Useful To Me | |||||
|
ecekca
Elite |
04-Mar-2016 14:42
|
||||
|
x 0
x 0 Alert Admin |
Now anything long also make $$
|
||||
| Useful To Me Not Useful To Me | |||||
|
Isolator
Supreme |
04-Mar-2016 14:16
|
||||
|
x 0
x 0 Alert Admin |
Remember to long cosco ipco hlh noble kepcorp.... It will come in surprise... Enjoy.. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
WanSiTong
Supreme |
04-Mar-2016 13:40
|
||||
|
x 0
x 0 Alert Admin |
Oil prices rise on talk of Russia meeting MAR 4, 2016   1: 09 PM [SINGAPORE] Oil prices rose in Asia Friday after Nigeria said key crude producers plan to meet in Russia later this month to discuss a proposed output freeze. The pick-up follows a week of gains for the battered commodity, which in January was wallowing near 13-year lows below US $ 30 a barrel owing to overproduction, a supply glut and a slowdown in the global economy. Nigerian oil minister Emmanuel Ibe Kachikwu said Thursday that the meeting will be held on March 20 and predicted there will be a " dramatic price movement" , Bloomberg News reported. At around 0400 GMT, US benchmark West Texas Intermediate for April delivery was 24 cents higher at US $ 34.81 a barrel. Brent for May rose 11 cents to US $ 37.18 a barrel. Crude has picked up recently following speculation over plans by major oil producers including Opec kingpin Saudi Arabia to cap output. Market strategist Bernard Aw from IG Markets Singapore told AFP that for the potential meeting between Opec members and Russia to bear fruit, the major producers have to be present. " If the big players such as Saudi Arabia, Iran, Iraq agree to freeze output, it could help somewhat. But, the fundamentals of the market remain largely unchanged, it is still quite oversupplied. " Maybe in the short term it will help development in the oil market, we could see a return to maybe US $ 40," Aw said. Another boost to the hammered commodity was US Energy Information Administration (EIA) data released Thursday showing oil production falling to just over nine million barrels per day in the week to February 26. " There were a series of positive developments in the oil market ... If this keeps up, then I think we will see a more sustainable rebound in oil markets, at least for the near term," Aw added. Saudi Arabia, Russia, Qatar and Venezuela agreed on February 16 in Doha that they would freeze output if other producers followed suit in an effort to tackle the oversupply problem.     |
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
04-Mar-2016 13:35
|
||||
|
x 0
x 0 Alert Admin |
Hong Kong Stocks Rise Ahead of NPC Meeting Yuan Appreciates Hong Kong stocks rose Friday, led by gains in industrial goods, energy and property shares, ahead of China' s policy-setting meeting Saturday and a U.S. jobs report due after market close. The Hang Seng Index increased 0.6% to 20,053 midday and is on track to book a 3.5% weekly gain. Stocks were also rising as the offshore yuan appreciated sharply against the U.S. dollar in the morning. Chinese authorities had guided the onshore yuan 0.2% stronger in the morning, the largest increase since December.   |
||||
| Useful To Me Not Useful To Me | |||||
|
Isolator
Supreme |
04-Mar-2016 11:47
|
||||
|
x 0
x 0 Alert Admin |
There are so much upside with oil rally.... Just the beginning... Enjoy.., | ||||
| Useful To Me Not Useful To Me | |||||
|
halleluyah
Supreme |
04-Mar-2016 11:06
|
||||
|
x 0
x 0 Alert Admin |
Bro bishan, m vry gald to hear tat
|
||||
| Useful To Me Not Useful To Me | |||||
|
bishan22
Supreme |
04-Mar-2016 10:48
|
||||
|
x 0
x 0 Alert Admin |
Hi sis... my postman in Holland came back liao.. with profit too.... Kekeke.. Have   a nice weekend too...
|
||||
| Useful To Me Not Useful To Me | |||||
|
halleluyah
Supreme |
04-Mar-2016 10:46
|
||||
|
x 0
x 0 Alert Admin |
Rmb to take some profits fr those heavily run up as pull back might b coming....hv a nice weekend.... |
||||
| Useful To Me Not Useful To Me | |||||
|
Isolator
Supreme |
04-Mar-2016 10:41
|
||||
|
x 0
x 0 Alert Admin |
Don't underestimate the oil rally... It will be few fold profit.. Long and enjoy now... | ||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
04-Mar-2016 10:36
|
||||
|
x 0
x 0 Alert Admin |
For those who missed the boat and the shortists - too bad. | ||||
| Useful To Me Not Useful To Me | |||||

