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STI to cross 3000 boosted by long-term investors
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Qanghoo
Supreme |
19-Nov-2015 10:36
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x 0
x 0 Alert Admin |
Ssssshhhhhhhhhhhh. Don' t say too soon. If afternoon, SSE turnaround, STI straight lao sai again.
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junction
Master |
19-Nov-2015 10:34
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x 0
x 0 Alert Admin |
Can anyone here explain how they calculate Valuation and Fundamental and who calculated these figures. I notice different sources give different figures for yields etc and even lowest/highest prices for the year.
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HazardKoh
Master |
19-Nov-2015 10:21
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x 0
x 0 Alert Admin |
Nowadays abit of profit just take liao, dun ever wait.. U wait and wait , ur what little profit u have will become loss even for solid company with good fundamental. Many good companies are trading at a huge discount from their NTA and even if their profit is showing growth after growth every year, their share price move in tandem, yes, but at only a fraction of the profit. For eg: profit growth 50% every year, the share price only rise by 1-2 bids every year. Pathetic.
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WanSiTong
Supreme |
19-Nov-2015 10:07
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x 0
x 0 Alert Admin |
Asian Markets Rise as Fed Message Crystallizes - Update 19 November 2015 10:01 Asian markets were mostly higher after the Federal Reserve' s meeting minutes sent strong signals of a rate increase in December, a vote of confidence in the health of the world' s largest economy and a boon for the banking sector. Australia' s S & P / ASX 200 gained 1.3%, Japan' s Nikkei Stock Average rose 1.6% and South Korea' s Kospi gained 0.9%. Hong Kong' s Hang Seng Index rose 1.3% and the Shanghai Composite Index was up 0.2%. While higher rates would raise borrowing costs for companies, the firming outlook has erased some of the uncertainty that triggered market volatility in recent months, said Chris Weston, an analyst at brokerage IG. Moreover, many believe the Fed' s increases will be incremental, he added . For many investors, a Fed prepared to raise short-term interest rates from near zero for the first time since the global financial crisis also shows the central bank is optimistic about the US economy, as consumer prices and employment have gradually improved. " There is a little bit of a fear-of-missing-out trade" going into year-end, Mr. Weston said. Minutes from the Fed' s latest policy meeting showed officials are keeping a rate increase in December on the table. Fed funds futures, used by investors and traders to place bets on central-bank policy, showed Wednesday that they see a 68% likelihood of a rate increase from the Fed at its Dec. 15-16 policy meeting, according to data from CME Group. Higher rates would lift banks' profits, too, given the wider margin between what they can charge on loans and what they pay for deposits. On Thursday, Asian banks trailed a rally in the US financial sector, with Japanese firms Mizuho Financial Group Inc., Mitsubishi UFJ Financial Group Inc. and Nomura Holdings Inc. up 1.5%, 1.5% and 2.2%, respectively. Consumer discretionary stocks in Japan also rose, as a weakening yen would make exporters' goods cheaper, boosting margins. Fast Retailing Co., casual-wear operator of Japan' s Uniqlo brand, rose 2.6%. The Japanese yen reached its weakest level since late August overnight, at Yen123.67 against the US dollar. It is currently trading at Yen123.46. Still, data earlier Thursday showed Japanese exports fell 2.1% in October from a year earlier, the first decline in more than a year. The results indicate weaker demand from China and the rest of Asia is offsetting the benefit from a weakening yen. Exports rose 0.5% on year in September. The Bank of Japan expected to deliver a decision on monetary policy later Thursday, though most economists do not expect any change. Brent crude oil rose 0.4% to $ 44.32 a barrel. Gold prices gained 0.3% to $ 1,072.30 a troy ounce. |
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Demostation
Supreme |
19-Nov-2015 09:52
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x 0
x 0 Alert Admin |
SGST (Singapore Stock Trading Exhange) could be a better name for the sgx xchange in order to discern between the corporation (SGX the businessman) and the market controller (Sgx the market regulator), I would believe. Anyone who " plays" shares in Sg, would accept that the place is now more of a gambling character than an investing character. This environment has brought uncertainties into the marketplace rather than enhancing the qualities and values of investing in equities in Singapore. By gambling, one takes a hazardous move resulting in the unknown outcome of his decision, while by investing, one takes a normally calculated move for a future target growth of one' s investment decision. However, with the characteristics of the market twists and turns, investing in stocks is no longer a nice thing to do. It takes too much challenges due to the creation of uncertainties usually by large funds to take money away from the small investors. If the element of gambling can be tamed to a lesser degree, by regulators, than I believe the investing in stocks in Singapore could then be profitable. Currently it is not as we see too much wiped out from lay investors. |
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fortunecat
Master |
19-Nov-2015 09:39
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x 0
x 0 Alert Admin |
Ya, most stocks stagnant or pretend up 1-2 bids for show only
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nyde1d1th
Veteran |
19-Nov-2015 09:24
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x 0
x 0 Alert Admin |
today sti reluctantly turned green but patiently waiting for the slightest excuse to vomit out any gains haha |
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Qanghoo
Supreme |
19-Nov-2015 08:56
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x 0
x 0 Alert Admin |
Seem to sound like the classic ' buy on rumour sell on news' thing. My take us USD was pushed to unrealistic levels earlier. Now with greater certainty that Fed has cleared the runway for Dec, USD is retreating to more realistic levels?
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WanSiTong
Supreme |
19-Nov-2015 08:44
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x 0
x 0 Alert Admin |
USD / Asia Dribbles Lower And Stocks Rise After Fed Minutes 19 November 2015 8:25 USD / Asia currency pairs are dribbling lower after the US Federal Reserve on Wednesday released the minutes of its October FOMC meeting. A hawkish tone was prevalent amongst most members of the rate-setting committee, but some had bristled at communicating too strongly the odds of a December rate rise. The greenback is thus struggling to climb higher, and has instead retreated mildly, as most punters have already positioned for a US rate increase next month. Meanwhile, Asian stock markets that have opened are powering up on the back of the overnight 1.6% rally of stocks on the Wall Street, thus increasing risk appetite for Asian currencies and thereby weighing on USD / Asia. |
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RoundRound
Elite |
19-Nov-2015 08:38
Yells: "Tikam Tikam can also" |
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x 0
x 0 Alert Admin |
Today's could be the rare day for our badly battered STi to turn green. Seems like some foreign funds is here to pick up cheap but good stocks, that include a number of those 30 component stocks.
Hope this can give a badly needed boost to the broader market in SG |
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lglg666
Supreme |
19-Nov-2015 08:27
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x 0
x 0 Alert Admin |
Double confirmed...so now is good time to plan for holiday with family and stay clear of the market :)
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WanSiTong
Supreme |
19-Nov-2015 08:27
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x 0
x 0 Alert Admin |
Stocks To Watch Linc Energy, SembMarine, CITIC Envirotech, CosmoSteel, HTL International, EnGro November 19, 2015: 8:21 AM Here are some stocks to watch this Thursday morning. Linc Energy (Valuation: N / A, Fundamental: N / A) revealed it has entered into a confidentiality, due diligence and exclusivity agreement with an Australian company on Nov 11 in relation to its shale oil assets Linc says the counterparty has started due. diligence in accordance with the agreement but no formal negotiations regarding the sale of the assets have been held at this time. Linc Energy closed at 16 cents on Wednesday. Sembcorp Marine (Valuation: 1.80, Fundamental: 1.10) ' s subsidiary Sembcorp Marine Rigs and Floaters has secured a contract to design and build a new floating, storage and offloading (FSO) vessel for MODEC Offshore Production Systems (Singapore), a subsidiary of MODEC, Inc. SembMarine did not reveal the value of the contract but says the vessel is scheduled for delivery in 1Q2018. SembMarine closed at $ 2.20. Water recycler CITIC Envirotech (Valuation: 0.80, Fundamental: 0.80). Says the company is in advanced negotiation for certain projects in water supply, wastewater treatment and recycling The projects are valued at not less than RMB 1 billion ($ 225 million), reveals CITIC Envirotech. CITIC Envirotech closed at $ 1.475. CosmoSteel Holdings (Valuation: 1.80, Fundamental: 1.45), the supplier and distributor of piping system components, reported 4Q earnings fell by almost half to $ 1 million, or 0.37 cents, from $ 2 million a year ago For the full FY15 ended September,. the group swung to a net loss of $ 0.9 million in part due to higher depreciation charges. In FY14, it had posted earnings of $ 5.5 million. CosmoSteel closed at 14 cents. In an update by HTL International Holdings (Valuation: 0.90, Fundamental: 1.15), the leather tanner and sofa manufacturer says controlling shareholder BEM Holdings has entered into a framework agreement which could result in the acquisition of all the shares and its delisting HTL closed. at 42 cents. Speciality concrete supplier EnGro Corporation (Valuation: 2.00, Fundamental: 1.85) says joint venture company, Wuhan Wuxin Materials Company has been approved for listing on the New Third Board in China Wuxin is a collaboration between Engro and Wuhan Iron and Steel Group to produce. Ground Granulated Blastfurnace Slag, a specialty building material. The company owns a 33% equity interest in Wuxin while Wugang owns the remaining. EnGro Corp closed at 98 cents. Markets US stocks rose sharply on Wednesday after the minutes from the Federal Reserve' s October policy meeting confirmed that a majority of policy makers were open to an interest-rate hike in December. The Dow Jones Industrial Average rallied 247.66 points, or 1.4%, to finish at 17,737.16. The S & P 500 closed 33.14 points, or 1.6%, higher at 2,083.58, its biggest gain in four weeks while the Nasdaq Composite ended the day up 89.19 points, or 1.8%, at 5,075.20, logging its largest point and percentage gain since Oct . 23, FactSet data show. The Straits Times Index ended the day 1.05% lower at 2,886.08. Excluding warrants, decliners outnumber gainers 271 to 115. A total of 973.8 million shares worth about $ 977.9 million changed hands. |
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HazardKoh
Master |
19-Nov-2015 08:23
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x 0
x 0 Alert Admin |
The exception was in 2011, market up awhile then down in the new year.. The past 4 years all follow same pattern aka end of year low, new year rising
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RoundRound
Elite |
19-Nov-2015 08:17
Yells: "Tikam Tikam can also" |
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x 0
x 0 Alert Admin |
HazardKoh, you were previously Jimmy right? | ||||
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HazardKoh
Master |
19-Nov-2015 08:11
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x 0
x 0 Alert Admin |
i think AFTER interest rate raise, then the Chng Kay will push market up till Chinese new year. They will give alot of reasons alogn the way like new year rally or chinese new year rally etc... , usually that is the case. If u go study past years trend, usually around late Dec, the market will rally till around Feb aka Chinese New year, then down again. So right now the Chng Kay are feeding on the FED fear to slowly accumulate. Maybe is a good idea to buy at around 5-15 Dec before the FED meeting. I dun think right now is the lowest yet, perhaps during 5-15 Dec we will see the lowest , then go pick up durians. The only unknown here is no one can predict what will happen when the FED raise interest rate becos this is the first time raising rate after a unprecented extended zero interest rate environment, this is one of the risk. If nothing serious happens on the day FED increase rates, then we will see those Chng Kay pushing up the market. My analysis: 
If u look at past trend, usually end of year will be low, then slowly rises from the new year. This year market will be quiet and subdue due to the one most important event on 16/17 Dec, Fed meeting. So u bet the Chng Kay will make use of the FED Fear to push the market down, then collect cheap durians. Then after the event and new year arriving, they will push the market up. So now still too early to buy. 5-15 Dec is the best time to load up. Cheers.
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WanSiTong
Supreme |
19-Nov-2015 08:08
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x 0
x 0 Alert Admin |
Highlight Fed minutes stress potential for December liftoff November 19, 2015: 8:00 AM Federal Reserve policy makers inserted language into their October statement to stress that " it may well become appropriate" to raise the benchmark lending rate in December and largely agreed that the pace of increases would be gradual, minutes of the meeting showed. " Members emphasised that this change was intended to convey the sense that, while no decision had been made, it may well become appropriate to initiate the normalisation process at the next meeting," said minutes of the FOMC' s Oct. 27-28 meeting, released Wednesday in Washington. A majority of Fed officials have signalled they expect to raise interest rates this year for the first time since 2006. That message was underscored when policy makers added a reference to the " next meeting" on Dec. 15-16 in their October statement, in connection with their assessment on when to act. US stocks rose, while Treasuries erased losses, with the Standard & Poor' s 500 Index extending gains and the dollar advancing as the Fed reinforced views that the US economy was strong enough to handle a rate hike. " Dec 16 is a very, very live date for action," said Chris Rupkey, chief financial economist with Bank of Tokyo-Mitsubishi UFJ in New York. " The winds of change have finally come to the Fed after all these years. Rates are going up. In 2015. Bet on it. " A " couple" of voting policy makers had qualms that the wording change " could be misinterpreted as signalling too strongly the expectation" for December liftoff, according to the report. Participants in the meeting " generally agreed," the minutes said, " that it would probably be appropriate to remove policy accommodation gradually." " It was noted that the beginning of the normalisation process relatively soon would make it more likely that the policy trajectory after liftoff could be shallow," the minutes said. Three Camps The minutes broke policy makers into three camps, with some saying economic conditions necessary for tightening policy " had already been met," while " most participants" estimated that their criteria " could well be met" in December. " Some others, however, judged it unlikely that the information available by the December meeting would warrant" a rate increase, the minutes said. US economic data since the meeting have been encouraging. Employers added 271,000 people to payrolls in October, the biggest gain this year, and unemployment fell to 5%. Job openings in September climbed to the second highest on record, while the consumer price index, minus food and energy, rose 1.9% last month from a year earlier. Earlier Wednesday, several Fed officials talked up recent data on the US economy and said it reinforced the case for raising interest rates, though they stopped short of committing to liftoff at their next meeting. " I' m comfortable with moving off zero soon, conditioned on no marked deterioration in economic conditions," Atlanta Fed President Dennis Lockhart told a conference in New York. ' Live Possibility' Chair Janet Yellen told Congress on Nov 4 that a December rate hike was a " live possibility," and New York Fed President William C. Dudley said Wednesday that raising rates would be a sign of confidence in the economy. Officials in October also dropped a reference in their statement to " recent global economic and financial developments" potentially constraining economic growth. " Most participants saw the downside risks arising from economic and financial developments abroad as having diminished," the minutes said. Despite missing their target for 2% annual inflation for more than three years, Fed officials continued to anticipate prices would rise back to their goal " over the medium term," the minutes said. Fed officials received a staff briefing on the equilibrium real interest rate, or the policy rate that would keep the economy running at full employment with stable prices, according to the minutes. Fed officials discussed the possibility that the short-run equilibrium rate " would likely remain below levels that were normal during previous business cycle expansions," the minutes said. |
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lglg666
Supreme |
19-Nov-2015 07:19
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x 0
x 0 Alert Admin |
Once the Chng Kay has collected their fill then the market will move....meanwhile stay clear and monitor. No point trying to fight against them as they are holding the cards.
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i_love_girls
Veteran |
19-Nov-2015 07:18
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x 0
x 0 Alert Admin |
Let's declare that STI is no longer applicable to the economic world. Let's boycott STI | ||||
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RoundRound
Elite |
19-Nov-2015 07:09
Yells: "Tikam Tikam can also" |
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x 0
x 0 Alert Admin |
Our STi and broader stock market here is down for the 3rd straight weeks in a Sea of Red.
The summary report in ST Money page today say these again and again... STi weaken because: 1) Worry about China's economy but Shanghai's SSE surged nearly 10% in the last few weeks. 2) Worry about Paris attack but Paris's CAC index have actually increased since last Friday's attack. 3) Worry about Fed's interest-rate hike but Dow Jones is as steady as a rock, in fact, it surged in the last few days. Pretty funny, our stock market here take the bad news and amplified the falls for others' worries so their stock prices can go up. |
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Qanghoo
Supreme |
19-Nov-2015 07:00
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x 0
x 0 Alert Admin |
No point hoping otherwise lah. This mkt thrives on fear n nothing else. We are actually fearing fear itself cos in other mkts fear is bottoming out n exuberance is taking hold. So, u' re right - shd this mkt continue to exist if it' s primarily gonna be the punching bag for chng kays, mainly slaughtering retailers as the sacrificial lamb?
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