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zandlery Supreme	05-Mar-2020 16:34        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I think don't mention 85 better. current holder still holding out. Consider their feeling. If happen execute as plan. If not make new plan.... WL123456      ( Date: 05-Mar-2020 16:26) Posted: 0.90 already. Next level is 0.85.
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WL123456 Supreme	05-Mar-2020 16:26        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	0.90 already. Next level is 0.85.
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WL123456 Supreme	05-Mar-2020 16:16        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Glad to be of help. I think got high chance 0.90 today. zandlery      ( Date: 05-Mar-2020 10:13) Posted: I do make the decision based on your infos. The pattern of market movement looks more like for funds to exit rather than actual financial content affecting. Cook up anything to stir sentiment. They control the market, they have the saying. I see signs so rather take profit and sideline. Never knows how badly the coronavirus situation will become. Death case might not be as bad as China but anticipated large infected case. Not every country like Singapore which could monitor the cases closely becos we are small..... WL123456      ( Date: 05-Mar-2020 10:02) Posted: You might be just right as well. Let?s take a step back and not look at it precipitously. The bounce is anything but due to the economy. Market is not happy with the 0.5 basis cut and perceived the cut to show that the virus situation is worsening.(Washington state has just announce a state of emergency as 10/11 who died is from Washington. Communities events are cancelled and citizens are advised to stay at home.) the numbers are piling up in the US and it?s now spreading in other states as well in Seattle, New York etc. CDC has warmed American to brace themselves for the outbreak as it is unavoidable. It?s only a matter of how much containment can be made. It other words it?s either bad or it can be even worst. Hence at this point, any news will be politicise (joe Biden ?>1000+ points up) to drum up the sentiment for funds to exit. But in reality, the market is actually quite rotten at the moment, just that it?s difficult for one to see the rotting beneath the nice looking fruit. Anyway the situation now a lose lose for stocks. Market has priced in the rate cuts so anything about rates will be discounted. PMIs has plunged all around the world including Singapore. PMI reflects the conditions of major companies so results is going to be ugly as warn by Citigroup, JP Morgan, Bank of America and Morgan Stanley. The rate cuts has also affected banks around the world( Sg banks has just been downgraded a couple of hours ago) and credit will be tighten due to low interest high default risk. I will elaborate more when I have the time but got work to do now so there we have it. In summary, the risk of market heading south is so much higher than north. Risk: No.1 : coronavirus spreading throughout the world causing a drastic drop in consumption from air travel to entertainment especially now when California, Washington has just announce a state of emergency. No. 2: bad economic numbers No 3: lousy financial performance from companies reporting profit. We all know it?s going to be bad but how bad? If the drop in profit is small, market tank slightly. If the numbers are hugely disappointing, then we will see another round of sell off. No 4: Debts are piling up and many companies are struggling due to the effects of the trade war. It will certainly be difficult for these companies with debts to survive should this current situation persist. There will be plenty of cash call from banks. This usually happens in a prolong crisis ( trade war + coronavirus). As you can see, the risk reward is just not there and if your are a money manager, would you slowly sell of your holders to get the desired profit so that you can get that fat commission of yours? After all, most of their remuneration is tied to their performance. Rather than risking it, better to take profit and maintain clients money. It?s better to stay cash right now. Anyway the new norm is the 1000+ points movement and with this volatility, never assume that you can get a 1000+ points up every time. The environment now is rather supporting a couple of 1000+ points down for every one up. One can speculate the one up but there are chances that they might be mauled down by a few. Not worth it in my opinion. Cya around and have a nice day
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zandlery Supreme	05-Mar-2020 14:29        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Don't look so..... Yesterday I sell part seeing the Dow future green. End up today open market UMS still linger around this price range so sell off the rest. Hope I'm wrong for current holder........ I had bad experience of 2 years up wipe out in 2 months with UMS so I chicken out for now.... Don't flame me..... 😂 😅 Singpost      ( Date: 05-Mar-2020 13:34) Posted: look like it going up
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Singpost Master	05-Mar-2020 13:34        Singpost About Contact  Quote this Post!
x 0   x 0  Alert Admin	look like it going up
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zandlery Supreme	05-Mar-2020 10:13        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I do make the decision based on your infos. The pattern of market movement looks more like for funds to exit rather than actual financial content affecting. Cook up anything to stir sentiment. They control the market, they have the saying. I see signs so rather take profit and sideline. Never knows how badly the coronavirus situation will become. Death case might not be as bad as China but anticipated large infected case. Not every country like Singapore which could monitor the cases closely becos we are small..... WL123456      ( Date: 05-Mar-2020 10:02) Posted: You might be just right as well. Let?s take a step back and not look at it precipitously. The bounce is anything but due to the economy. Market is not happy with the 0.5 basis cut and perceived the cut to show that the virus situation is worsening.(Washington state has just announce a state of emergency as 10/11 who died is from Washington. Communities events are cancelled and citizens are advised to stay at home.) the numbers are piling up in the US and it?s now spreading in other states as well in Seattle, New York etc. CDC has warmed American to brace themselves for the outbreak as it is unavoidable. It?s only a matter of how much containment can be made. It other words it?s either bad or it can be even worst. Hence at this point, any news will be politicise (joe Biden ?>1000+ points up) to drum up the sentiment for funds to exit. But in reality, the market is actually quite rotten at the moment, just that it?s difficult for one to see the rotting beneath the nice looking fruit. Anyway the situation now a lose lose for stocks. Market has priced in the rate cuts so anything about rates will be discounted. PMIs has plunged all around the world including Singapore. PMI reflects the conditions of major companies so results is going to be ugly as warn by Citigroup, JP Morgan, Bank of America and Morgan Stanley. The rate cuts has also affected banks around the world( Sg banks has just been downgraded a couple of hours ago) and credit will be tighten due to low interest high default risk. I will elaborate more when I have the time but got work to do now so there we have it. In summary, the risk of market heading south is so much higher than north. Risk: No.1 : coronavirus spreading throughout the world causing a drastic drop in consumption from air travel to entertainment especially now when California, Washington has just announce a state of emergency. No. 2: bad economic numbers No 3: lousy financial performance from companies reporting profit. We all know it?s going to be bad but how bad? If the drop in profit is small, market tank slightly. If the numbers are hugely disappointing, then we will see another round of sell off. No 4: Debts are piling up and many companies are struggling due to the effects of the trade war. It will certainly be difficult for these companies with debts to survive should this current situation persist. There will be plenty of cash call from banks. This usually happens in a prolong crisis ( trade war + coronavirus). As you can see, the risk reward is just not there and if your are a money manager, would you slowly sell of your holders to get the desired profit so that you can get that fat commission of yours? After all, most of their remuneration is tied to their performance. Rather than risking it, better to take profit and maintain clients money. It?s better to stay cash right now. Anyway the new norm is the 1000+ points movement and with this volatility, never assume that you can get a 1000+ points up every time. The environment now is rather supporting a couple of 1000+ points down for every one up. One can speculate the one up but there are chances that they might be mauled down by a few. Not worth it in my opinion. Cya around and have a nice day. zandlery      ( Date: 05-Mar-2020 09:27) Posted: Looks like US market jump also doesn't bring along this stock. You could be right that funds could further sell down SGX market. Yesterday jump in US justify by "political!!. Don't make sense... Just secure my profit and sideline for now.... Feel abit scary looking at situation.
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WL123456 Supreme	05-Mar-2020 10:02        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You might be just right as well. Let?s take a step back and not look at it precipitously. The bounce is anything but due to the economy. Market is not happy with the 0.5 basis cut and perceived the cut to show that the virus situation is worsening.(Washington state has just announce a state of emergency as 10/11 who died is from Washington. Communities events are cancelled and citizens are advised to stay at home.) the numbers are piling up in the US and it?s now spreading in other states as well in Seattle, New York etc. CDC has warmed American to brace themselves for the outbreak as it is unavoidable. It?s only a matter of how much containment can be made. It other words it?s either bad or it can be even worst. Hence at this point, any news will be politicise (joe Biden ?>1000+ points up) to drum up the sentiment for funds to exit. But in reality, the market is actually quite rotten at the moment, just that it?s difficult for one to see the rotting beneath the nice looking fruit. Anyway the situation now a lose lose for stocks. Market has priced in the rate cuts so anything about rates will be discounted. PMIs has plunged all around the world including Singapore. PMI reflects the conditions of major companies so results is going to be ugly as warn by Citigroup, JP Morgan, Bank of America and Morgan Stanley. The rate cuts has also affected banks around the world( Sg banks has just been downgraded a couple of hours ago) and credit will be tighten due to low interest high default risk. I will elaborate more when I have the time but got work to do now so there we have it. In summary, the risk of market heading south is so much higher than north. Risk: No.1 : coronavirus spreading throughout the world causing a drastic drop in consumption from air travel to entertainment especially now when California, Washington has just announce a state of emergency. No. 2: bad economic numbers No 3: lousy financial performance from companies reporting profit. We all know it?s going to be bad but how bad? If the drop in profit is small, market tank slightly. If the numbers are hugely disappointing, then we will see another round of sell off. No 4: Debts are piling up and many companies are struggling due to the effects of the trade war. It will certainly be difficult for these companies with debts to survive should this current situation persist. There will be plenty of cash call from banks. This usually happens in a prolong crisis ( trade war + coronavirus). As you can see, the risk reward is just not there and if your are a money manager, would you slowly sell of your holders to get the desired profit so that you can get that fat commission of yours? After all, most of their remuneration is tied to their performance. Rather than risking it, better to take profit and maintain clients money. It?s better to stay cash right now. Anyway the new norm is the 1000+ points movement and with this volatility, never assume that you can get a 1000+ points up every time. The environment now is rather supporting a couple of 1000+ points down for every one up. One can speculate the one up but there are chances that they might be mauled down by a few. Not worth it in my opinion. Cya around and have a nice day. zandlery      ( Date: 05-Mar-2020 09:27) Posted: Looks like US market jump also doesn't bring along this stock. You could be right that funds could further sell down SGX market. Yesterday jump in US justify by "political!!. Don't make sense... Just secure my profit and sideline for now.... Feel abit scary looking at situation. WL123456      ( Date: 04-Mar-2020 15:02) Posted: Sell into strength. Weakness will come soon Thursday and Friday. First buying level is 0.85. Good luck.
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Singpost Master	05-Mar-2020 09:52        Singpost About Contact  Quote this Post!
x 0   x 0  Alert Admin	no action for now .... hope thing going up
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zandlery Supreme	05-Mar-2020 09:27        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Looks like US market jump also doesn't bring along this stock. You could be right that funds could further sell down SGX market. Yesterday jump in US justify by "political!!. Don't make sense... Just secure my profit and sideline for now.... Feel abit scary looking at situation. WL123456      ( Date: 04-Mar-2020 15:02) Posted: Sell into strength. Weakness will come soon Thursday and Friday. First buying level is 0.85. Good luck.
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lovetoshare Elite	05-Mar-2020 09:23        lovetoshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	i also looking at 80 range too.. hope can get some at this range. WL123456      ( Date: 04-Mar-2020 15:02) Posted: Sell into strength. Weakness will come soon Thursday and Friday. First buying level is 0.85. Good luck.
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WL123456 Supreme	04-Mar-2020 15:02        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sell into strength. Weakness will come soon Thursday and Friday. First buying level is 0.85. Good luck.
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Singpost Master	04-Mar-2020 13:56        Singpost About Contact  Quote this Post!
x 0   x 0  Alert Admin	no one can give a definite answer when this Virus can over or recovering ... best option everyone do their best to control this spread . for short term this will be the fact ... nothing can change .. what is the last term that is the points to consider and study whether can invest more UMS .... BUy
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WL123456 Supreme	04-Mar-2020 10:38        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very likely. It?s a matter of time. The virus situation is worsening. The interest cut cannot stimulate demand as people stay at home and spend less. One should ask themselves have they been going to spend last month and then multiply this worldwide. Japan, Korea Italy etc has now been all designated as non essential travel countries. The situation must be serious for our government to designate them as banned countries. wehuattogether88      ( Date: 04-Mar-2020 10:02) Posted: Looks like might go below 0.90 today..siao liao
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wehuattogether88 Supreme	04-Mar-2020 10:02        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like might go below 0.90 today..siao liao
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WL123456 Supreme	04-Mar-2020 03:13        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The worst came true. A dead cat bounce yesterday and today I only predicted a 500-800 points drop but now it has already -1000 points. I hope those who have pm-Ed me has sold into strength like what I post. If not, tml will offer some opportunity when the futures are green. Good luck.
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WL123456 Supreme	03-Mar-2020 19:20        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why does cutting interest not helping the economy and spur the market? This is in my pm by 2 forumers and I share for potential similar questions. UMS and the rest of the company like AEM and Hi p manufactures electronics parts for consumer discretionary goods supplied by big corporations. Hence by injecting liquidity into the Financial Markets is akin to this scenario: Ben owns a company and is selling consumer products. Right now he faces a double threat by coronavirus spreading and the effects of a slowing economy due to trade war. This 2 events causes consumers to spend less to due factors such as quarantine orders and consumer staying home to avoid the virus as well as higher cost of purchasing due to the extra tariffs. His sales are slowing and he needs help. The government came along and says ?Ben, now The Central Bank is providing extremely low interest rates so that you can borrow to keep you company afloat by paying for rents, staffs cost etc? However, low interest rate by flooding the Market with liquidity is not going to solve the problem Ben faced. By borrowing, he has to return the money regardless of whether the loan is interest bearing . Problem is his company is not making money and suffering losses so how is he going to find the money to return to the bank? He already spent the principle sum which he has borrow to keep his business going so telling him to borrow is not the solution. He still has to return the debt so Ben will not want to take on more debt if the loan is going to be secured for fear of involving personal liabilities. When consumer spending is affected, sales of companies get drag down and their demand will drop. Companies like UMS will have less order. So by flooding the market with cheap money is not the solution since it cannot stimulate on the demand side. If I cannot sell, why do I need to borrow more money since there is excess inventory? To stimulate consumption, direct injection into the pockets of consumers might or might not help (example is HK giving money to her citizens) as the beneficiary might not spend it anyway. Hence the only real way for the market to recover is to do away with the tariffs to make goods cheaper as well as to keep the coronavirus under control. Spending will go up and markets will improve. By flooding the market, it?s a short term action but not a solution to a longer term problem.
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bwavep Senior	03-Mar-2020 17:15        bwavep About Contact  Quote this Post!
x 0   x 0  Alert Admin	RBA cut-ted already  both demand and supply issues will cause a sizable hit, something govts n central banks can only try to mitigate. in this environment, winners are nimble short-term tactical traders and/or long-term deep value hunters  sharp foresight n deep pockets, frens...    WL123456      ( Date: 03-Mar-2020 16:39) Posted: From one of the money managers yesterday: In mid February, RBA Governor Lowe admitted that the virus is having a major impact on education and tourism sectors. The RBA minutes revealed that even last month, they discussed the possibility of a rate cut. So given how much coronavirus has spread over the past few weeks and the growing toll that it is taking on China and the global economy, the RBA will have no choice but to lower interest rates. With that said, we expect a 25bp rate cut with a commitment to ease further in the coming months. The RBA may want to wait and see what type of coordinated global response is necessary and by easing only a quarter point, So it?s expected and market will sell into strength as the RBA has reserve more bullets to fight the downturn later. If they are confident about the situation, they would have already acted in tendem.
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pkli899 Supreme	03-Mar-2020 16:58        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually there are money to be made in a volatile market. Too bad, I have no spare cash. I did some paper trades this 2 weeks, each trade 100 lots ( my usual trading size) and after 3 rounds of buy and sell, I calculated I would have profited about 10k. Not very much but still decent.
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WL123456 Supreme	03-Mar-2020 16:39        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From one of the money managers yesterday: In mid February, RBA Governor Lowe admitted that the virus is having a major impact on education and tourism sectors. The RBA minutes revealed that even last month, they discussed the possibility of a rate cut. So given how much coronavirus has spread over the past few weeks and the growing toll that it is taking on China and the global economy, the RBA will have no choice but to lower interest rates. With that said, we expect a 25bp rate cut with a commitment to ease further in the coming months. The RBA may want to wait and see what type of coordinated global response is necessary and by easing only a quarter point, So it?s expected and market will sell into strength as the RBA has reserve more bullets to fight the downturn later. If they are confident about the situation, they would have already acted in tendem.
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WL123456 Supreme	03-Mar-2020 16:33        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It?s only a 25 basis point cut. The market is expecting a 50-100 basis cut like what they are speculating about the fed cut. To me this news is negative as it might be likely that the fed might be preparing a 25 to 50 point cut. Remember. The market has now priced in a 100 basis point cut. Anything less and the market will respond. We see how it pans out. Right now, if I am the money manager I will sell into strength as a 25 basis cut represent the government view that the worst is yet to come and they are set to announce more later. TA_Expert      ( Date: 03-Mar-2020 16:28) Posted: RBA has announced rate cut. The Fed will do the same. It is a done deal. Almost all central banks will use monetary policies as tools or printing monies. This is the fundamental problem of the system now, the world is no longer driven by fundamentals but excessive liquidity. WL123456      ( Date: 03-Mar-2020 15:44) Posted: Yup this one a agree with you. Not good to long stocks now. The coronavirus situation is worsening in US and Europe and Q1 data is coming out. Our figures shows that the numbers are ugly. Fed has limited policy stimulus as they need to conserve bullets should the virus situation worsen. Problem is market is now screaming for substantial help which they will unlikely to get from the policy makers as their hands are tied. RBA will be offering clue to policy stimulus but I expect RBA to hold rates and wait for the bigger centra to act first. Looks like the bleeding will continue until the virus situation improves. Mean time , those who should cut it the tide continues.
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