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STI to cross 3000 boosted by long-term investors
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Benjamin_29
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12-Jan-2016 00:13
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*limited downside to marine/O&G stocks
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Benjamin_29
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11-Jan-2016 23:52
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STI may correct to a range between 2250 and 2500, but downside likely capped for blue-chip marine and O& G stocks. Rebound would likely come during second half of the year. |
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valuebuyer
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11-Jan-2016 20:56
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When you see a lot of IPO penny stock begin to listed, then that is the time
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Goldfinger
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11-Jan-2016 19:44
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The only penny stocks I will touch are penny properties ie those backed by undervalued physical property assets and not dreams and fancy stories.. | ||||||||||||||||||||||||||||||||||||||||||
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Qanghoo
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11-Jan-2016 19:40
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When?  Probably > 2 yrs no penny rally already.  Waiting for 7-yr itch?
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valuebuyer
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11-Jan-2016 18:38
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Penny Stock is dead, got to wait for next round of penny rally.
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Jeromelow
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11-Jan-2016 18:34
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what about jiutian chemicals? im holding a lot of lots on this counter anyone advise? |
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erhaier
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11-Jan-2016 16:59
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  looking for crude to rebound.! |
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WanSiTong
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11-Jan-2016 16:37
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Dow future up 55,   European Indexes not so bad!   European Indexes
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erhaier
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11-Jan-2016 15:50
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+ the robots will take control of the humans.  be prepared for the Terminator saga. |
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nyde1d1th
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11-Jan-2016 15:43
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china will start devalue infinity....then US will launch QE4...then everybody will double up effort to print money together...until whole system quickly collapsed....then the blame game start...world leaders get together and think of some excuse to rise from the ashes |
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Goldfinger
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11-Jan-2016 15:35
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If SSE plunged sharply - and many PRC retail get crushed - the PRC Govt will have no choice but to act strongly and decisively - like US during GFC with QE Infinity. What will happen then you think?
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Siwomp
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11-Jan-2016 15:06
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dead cat bounce..... becos no panic yet.
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Siwomp
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11-Jan-2016 15:03
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i only hold transport blues and cash......Huat Ah! | ||||||||||||||||||||||||||||||||||||||||||
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valuebuyer
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11-Jan-2016 14:57
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I wonder how many had take my advice? I still holding zero stock now, because I know the worst are yet to come.
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sriramanv
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11-Jan-2016 13:49
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Yes, SSE is creating so much of panic...actuallt the economy is still not doing that bad. Once SSE goes back to 2xxx range and sleeps there like before, all other markets can improve...soon or later SSE will be ignored.
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Qanghoo
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11-Jan-2016 13:47
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The best is for SSE to keep on slaughtering itself until no more blood  n stay there.  Then STI can improve.  If SEE continue like a pogo stick,  STI continue to do the limbo rock.
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sriramanv
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11-Jan-2016 13:42
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Markets are seem to be tired of selling...I can see rebound is coming anytime from tmrw or this week. May be a technical rebound or dead cat bounce. In my feeling, the situation is not that scary though continuous selling is happening.   I have started picking up some beaten up counters.
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WanSiTong
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11-Jan-2016 13:36
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Noon Market STI slips 1.91% to 2,698.70 at midday January 11, 2016: 12:55 PM Singapore equities slumped at noon on Monday, amidst a rout in other Asian markets on continued investor worries over China' s economic slowdown. The KOSPI Index shed about 0.7% respectively, while the Hang Seng Index tumbled around 2.5%. The Shanghai and Shenzhen Composite Indices also plummeted about 2.4% and 3.5% respectively. By 12.11pm, the Straits Times Index sank 1.91% to 2,698.70. Market breadth was negative. Excluding warrants, decliners outnumber gainers 288 to 65. The Straits Times Index (STI) traded between 2,690.45 and 2,726.56, after opening 0.95% lower at 2,725.10. A total of 673.2 million shares worth $ 493 million changed hands, giving an average price of about 73 cents per share for the entire market. LionGold Corp (Valuation: 0.90, Fundamental: 0.40), Noble Group (Valuation: 1.80, Fundamental: 0.35), China Sports International (Valuation: 0.90, Fundamental: 1.65), Vard Holdings (Valuation: 0.90, Fundamental: 0.15), and Albedo were among the most actively traded counters. Among STI components, Golden Agri-Resources (Valuation: 1.40, Fundamental: 0.55) rose 2.9% to 36 cents The palm oil plantation company is the sole gainer on the index Meanwhile, Noble Group plunged 5.9% to 32 cents, while Sembcorp.. Industries (Valuation: 2.40, Fundamental: 1.10) dived 4.7% to $ 2.65. Ezra Holdings (Valuation: 1.10, Fundamental: 0.45) tumbled 5.4% to 8.7 cents The offshore contractor last Friday issued a profit guidance with respect to the financial results for 1QFY2016 ended Nov. Ezra says the quarter is expected to show a net loss,. mainly attributable to the continuing depressed state of the oil and gas industry which has impacted activities in the global offshore marine and subsea industry. EMAS Offshore (Valuation: N / A, Fundamental: N / A). Last traded at 17 cents on Friday The subsea division belonging to Ezra Holdings posted a net loss of US $ 3.2 million for 1QFY2016 ended Nov, amidst challenging operating conditions underpinned by a volatile oil price environment. Vard Holdings climbed 2.2% to 23 cents. The shipbuilder of offshore specialised vessels announced that the first vessel from its newest shipyard, Vard Promar in Brazil, was delivered last Friday. Noble Group plunged 5.9% to 32 cents. Ratings firm Standard & Poor' s last week lowered its long-term corporate credit rating on the commodities trader to ' BB +' from ' BBB-' . Companies that went ex-distribution on Monday include SPH REIT   |
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Siwomp
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11-Jan-2016 12:29
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switch to defensive or switch out of market.....Huat Ah! | ||||||||||||||||||||||||||||||||||||||||||
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