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Singtel Bullish???
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kaminokenshi
Veteran |
10-Jun-2020 18:41
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Might be because the world bank organization just released a statement that that economy will shrink and V-shape recovery is unlikely. Nothing unexpected but the market rises and drops on sentiments now so can' t complain.  https://www.businesstimes.com.sg/government-economy/oecd-sees-deepest-peace-time-slump-in-a-century The Fed will have a statement at 2am today.  If they keep the loan interest rate low the market will probably be ok. If they decided they have done enough and raise the interest rate then it can be ugly. Probably huge downturn in the upcoming days.  But we invested in quality stocks so long term we should be fine either way.  https://www.nytimes.com/2020/06/10/business/economy/fed-june-meeting-coronavirus.html
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Goldendog
Master |
10-Jun-2020 18:02
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I also blur, from 27380 or so suddenly dropped to 27100+ 
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kaminokenshi
Veteran |
10-Jun-2020 17:31
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Anyone knows what happened?  Us future just went from +0.5% to -0.2% in like 30 minutes.  | |||||
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binbinbap
Member |
10-Jun-2020 16:49
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yup, i understand that SMM is using the 5:1 rights shares from all SMM SH to pay off the $1.5b loan to SCI.  so my question is why SCI is giving out " for free" to all SCI SH? SCI giving free SMM shares to SCI SH, yet SCI price has shot up more than 30%.  definitely not adding more SCI for sure as im not even sure how this will play out for SCI share px. 
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binbinbap
Member |
10-Jun-2020 16:33
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@Goldendog: i believe there are lesser empty vessels here compared to the other groups which makes it more pleasant to share opinions.. so being " quiet" here isn' t neccessarily a bad thing yea? hahaha  ^^V @Mr Victor: it looks like there are demands for a telegram group chaired by you. looking forward to it!  |
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Starship
Supreme |
10-Jun-2020 16:33
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It was already reported that SMM will use the money received fm the Rights Issue to pay the $1.5b owed to SCI. SCI Directors now " arm chio"     ![]() ![]() ![]()
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josh8696
Member |
10-Jun-2020 16:23
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Hi Mr vic, what do you think of starting a telegram group?  | |||||
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Aosk88
Member |
10-Jun-2020 14:37
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Silent reader. That why quiet. Hi Victor, thanks for sharing ur analysis. I just started trading and will like to learn more while following ur suggested stocks. I saw the ipo for jd in hk. What do you think about it? And is it to late to get semb now? I think setting up the telegram will be a good idea and hopefully get more reply too will be easiser and faster to see instead of refreshing the forum. What books and website you guys suggest for me to start learning too. | |||||
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Goldendog
Master |
10-Jun-2020 14:31
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Today here all quiet.. | |||||
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TA_Expert
Supreme |
10-Jun-2020 12:55
Yells: "The World has changed" |
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Giving free SMM shares to shareholders of SCI is really a joke. All the minority of SMM shareholders should veto it.
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Goldendog
Master |
10-Jun-2020 12:49
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Both ASTi and Ausgroup dropping.. | |||||
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binbinbap
Member |
10-Jun-2020 11:34
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holding sci @ 1.80 & 1.54, being very skeptical on all the calls to add more at 2.xx   
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cheongweevictor
Supreme |
10-Jun-2020 11:28
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OK,, all not reading or busy counting losses and profit,, if read this post,, u click useful if u bght sembmarine, i will come back tonite. i think even if u have,, u have small psotion on y,, even then,, dont do anything yet.. if u can buy more ,,buy some,,, i talk later tonite. i bgt another 250 lot at start of trading,yesterday..., i will tell u why sembmarine is worth much more tonite, dont hearsay all over bearish view,,especially those blind bear  at the marketsentiment threasd and sembmarine thread, to confuse yrself.. u will hate yurself later. see u tonite ,, back to see my HK stock, |
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cheongweevictor
Supreme |
10-Jun-2020 11:14
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First of all, anyone buy sembmarine??? if u did,, click useful to me.... | |||||
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TA_Expert
Supreme |
10-Jun-2020 09:39
Yells: "The World has changed" |
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Any profit taking is well absorbed as many people who missed the boat will snap up when there is a dip. | |||||
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huathuat88!
Member |
10-Jun-2020 08:58
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ST engr and Ascott are on a high now. Should we wait for tracement before entering? 
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ditzydoll
Member |
10-Jun-2020 08:06
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thank you Mr Cheong! haha, i was really on a shiok shiok high.  Do you think they' ll be a takeover target since their cashflow seems to be mending? Their next debt maturities are next year
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cheongweevictor
Supreme |
10-Jun-2020 06:07
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I thnk selling over at dow are relatively weak ,, so maybe today shd be up day.. oil is looking good. | |||||
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cheongweevictor
Supreme |
10-Jun-2020 05:03
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Just to share for those who bought OXY please be careful,, but i think if got huge profit,, better take half off table, thiss stock and many oil rig amy go bust,,, today i read this chesapeake energy.file for bankruptcy.. But need not panic unnecessary too as i so not see immediately danger, just look out, dont stay shiok shiok with huge profit till forgetten they can go bust.  
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cheongweevictor
Supreme |
10-Jun-2020 04:42
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Yes,, but DBS my tg px..40$ end of next year.. Buy this one for supa long, no selling for me.
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