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Bring back the glory days of ISDN
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Demostation
Supreme |
14-May-2015 12:05
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I think HK and US are two markets that Singaporean investors should look at. HK and US stock prices move in tandem with news, and when they move, they offer you a good range to profit that' s for trading. For longterm investment with good capital growth, I think US stocks can offer you good returns. Furthermore US firms charging brokerage fees on the cheap, between $6 to $10 per transaction regardless of the total value of one order. So if your prices are breakeven, you only lose the $6 to 10 per transaction. Bear in mind, I am talking about trading US stocks with US brokers and not Singapore brokers offering US stocks, the latter being cut-throaters if you compare. Lol.
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Davecheng
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14-May-2015 11:56
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Hi Demostation, Yes, 100% agreed. What about HK market and US market? Any advice? Thanks!
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Demostation
Supreme |
14-May-2015 11:53
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Therefore for the man without significant amount of cash, it is a waste of time in the Sg stock market. Without sizeable amount of cash, you cannot make a good earnings from the stock market. But on the contrary your losing chances if more. If you invested with plenty of money, the risk is that you can become very poor more than you will become very rich. So think hard if you are a beginner.. |
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Demostation
Supreme |
14-May-2015 11:40
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Thanks. Brokers' market means the brokers are the ones who call the shots. One of the risks an ordinary player takes is the shortists who dump prices of other peoples' stocks. If you really want to invest, pick one or two good stocks and keep for several years, then you can win but also cannot make you rich unless you invested large amount which is not recommended.
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sriramanv
Master |
14-May-2015 11:26
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Well said. The retail players sure lose one...and very high brokerage fee.. |
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Demostation
Supreme |
14-May-2015 11:20
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SGX is a broker' s market and not for newbies or " uncredited" traders. Very difficult if impossible to make some money trading in SGX. Various reasons, primary of which are: Brokerage very high, Impossible to do research on own except depending on brokering firms' analyses which might be late or inacurrate. No guarantee. Losses are higer than winnings, and this fact is the order of the day and not a single person can dispute this. " Big Boys" ruled the market and there are no opposition to these BBs, thatis the reason why you don' t see too much movements in a counter apartment from the range that any profit deriving from it can only buy a few cups of coffee after the bulk of that is taken away as brokerage fees. Play if you may, but be prepared to be a poor man if you get uncontrolled. Who knows you may even have to become penniless. Sell your HDB or borrow too much from credit cards you cannot pay. Please think of your family. Don' t bet in SGX, rather take your chances with 4Ds and Toto where who knows with a small amout of a couple of dollars, you could hit it rich. But not the stock market in Singpaore, sorry. The above are just some fundamental reasons, of course there are more that I could even write a book on, as well as there more technical reasons that are at your disadvantage. So new wannabe traders, beware for Goodness sake. Finally, do not go around to all the stock forums and try to see if you can get some tips for instead you may get some trips. Lol..My 2 cents. |
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WanSiTong
Supreme |
14-May-2015 08:15
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Market Preview Singtel may lift STI while investors digest a slew of earningsSingtel' s resilient results, announced this morning, may give the Straits Times Index a boost in early trading, even as investors digest a slew of earnings reports before contemplating their next move. On Wall Street overnight, the Dow Jones Industrial Average and S& P 500 ended little changed at 18,060.49 and 2,098.48 respectively, while the Nasdaq Composite inched up 0.1% to 4,981.69. In Singapore, the Straits Times Index ended 0.3% higher at 3,453.17 yesterday. COMPANIES IN THE NEWS Singapore Telecommunications' earnings for the fourth quarter ended March 31 rose 4.5% y-o-y to $938.8 million, driven by higher contributions from its mobile associates in the region. Singtel shares ended 0.9% higher at $4.36 yesterday. Lower contributions from joint ventures and higher operating expenses sent Global Logistic Properties ' earnings for the fourth quarter down 34.5% y-o-y to US$104.9 million ($140.1 million). GLP shares ended 1.5% higher at $2.71 yesterday. Lower raw material costs and higher contributions from associates and joint ventures lifted earnings for SATS to $51.6 million for the quarter ended March 31 from $42.6 million a year earlier. SATS shares ended 1.2% lower at $3.17 yesterday. SIIC Environment' s 1Q2015 earnings rose 7.5% y-o-y to RMB68.4 million ($14.9 million). SIIC shares ended flat at 21 cents yesterday. Neo Group will pay $7.35 million for a 55% stake in Thong Siek Holdings, a maker and distributor of seafood products, marking its first acquisition since its listing in 2012. Neo Group shares were not traded yesterday. They last closed at 94 cents. Asia-Pacific Strategic Investments reported earnings of $1.9 million for the quarter ended March 31, reversing a loss of $2.5 million a year earlier. The stock ended 6.2% lower at three cents yesterday. Shanghai Turbo Enterprises reported 1Q2015 earnings of RMB3.4 million, down from RMB4.3 million a year earlier. Shanghai Turbo shares were not traded yesterday. They last closed at 78 cents. Junma Tyre Cord incurred a 1Q2015 net loss of RMB17.8 million, compared to earnings of RMB10.1 million a year earlier. Junma shares ended flat at 19.8 cents yesterday. Innovalues' 1Q2015 earnings more than doubled to $5.5 million from $2.6 million a year earlier. Innovalues shares fell 0.6% to 85.5 cents yesterday. Cacola Furniture International reported a 1Q2015 net loss of RMB2.3 million, compared to a loss of RMB11 million a year earlier. Cacola shares ended 13.6% higher at 2.5 cents yesterday. PNE Micro Holdings reported earnings of $207,000 for the six months ended March 31. PNE Micro shares ended flat at 5.1 cents yesterday. Amara Holdings ' 1Q2015 earnings rose 8% y-o-y to $3.7 million. Amara shares ended 1.8% higher at 55.5 cents yesterday. Europtronic Group reported 1Q2015 earnings of US$4.7 million, reversing a loss of US$1.6 million a year earlier. Europtronic shares fell 15% to 1.7 cents yesterday. BreadTalk Group turned in 1Q2015 earnings of $2 million, up from $1.8 million a year earlier. BreadTalk shares fell 0.7% to $1.40 yesterday. Cogent Holdings reported 1Q2015 earnings of $5.3 million, up from $3.1 million a year earlier. Cogent shares rose 1.3% to 39.5 cents yesterday. Global Investments reported 1Q2015 earnings of $5.6 million, down from $8.2 million a year earlier. Global Investments shares rose 0.7% to 15 cents yesterday. |
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WanSiTong
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14-May-2015 07:53
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Dow -0.04% 18,060.49 / -7.74 Nasdaq +0.11% 4,981.69 / +5.50 S& P -0.03% 2,098.48 / -0.64 Wall St. little changed in earnings, data lull Wall Street' s major indexes gave up early gains to end Wednesday' s session little changed as some investors stood on the sidelines waiting for the next round of economic data at the tail end of earnings season. U.S. retail sales were unchanged in April as households cut back on purchases of cars and other big-ticket items and import prices fell for a 10th straight month in April and business inventories barely rose in March. The data suggested to some investors that the U.S. economy was struggling to rebound strongly enough for the Federal Reserve to raise interest rates before September. " You' re now heading from an earnings-centric market to a macro-focused market," said Andrew Frankel, co-president of Stuart Frankel & Co in New York. " People seem to be in watch mode as they get an understanding of what' s next." In particular, investors are waiting for inflation numbers and the next jobs report in coming weeks, said Michael Matousek, head trader at U.S. Global Investors Inc in San Antonio. However, Brian Fenske, head of sales trading at ITG in New York, said he was seeing solid volume of investors adjusting their portfolios after earnings season. " I' m seeing more healthy activity which is buying, selling and shorting stocks," said Fenske. " I' m seeing a return of conviction." The S& P' s information technology index .SPLRCT, was the best performer with a 0.5 percent increase. The S& P utilities index .SPLRCU was the worst performer, with a 1.1 percent drop. Duke Energy (DUK.N) weighed most on that sector and AES Corp (AES.N) fell 2.5 percent drop after it priced a secondary share offering. " It' s a gauge of people' s perspectives as to what the Fed will do next," said Frankel, adding that utilities are in favor if people think the Fed will stall on interest rate hikes. The Dow Jones industrial average .DJI fell 7.574 points, or 0.04 percent, to 18,060.49, the S& P 500 .SPX lost 0.64 points, or 0.03 percent, to 2,098.47 and the Nasdaq Composite .IXIC added 5.50 points, or 0.11 percent, to 4,981.69. DuPont (DD.N) shares fell 6.8 percent to $69.33 after it won a proxy fight against Nelson Peltz' s Trian Fund Management. The stock was the biggest drag on the Dow Jones industrial average. Macy' s (M.N) fell 2.4 percent to $63.73, while Ralph Lauren (RL.N) fell 3 percent to $129.18 after they reported results. Pall Corp (PLL.N) rose 4.4 percent to $123.89 after Danaher (DHR.N) said it would buy the company in a $13.8 billion deal. Danaher was up 1.6 percent at $87.35. Shares of pipeline company Williams Partners LP (WPZ.N) jumped 22.7 percent to $58.16 after Williams Cos (WMB.N) said it would buy its affiliate for about $13.8 billion. Advancing issues outnumbered declining ones on the NYSE by 1,695 to 1,369, for a 1.24-to-1 ratio on the Nasdaq, 1,369 issues rose and 1,345 fell for a 1.02-to-1 ratio favoring advancers. The S& P 500 posted 13 new 52-week highs and 4 new lows the Nasdaq Composite recorded 64 new highs and 34 new lows. About 6.1 billion shares changed hands on U.S. exchanges, compared with the 6.6 billion average for the last five sessions, according to data from BATS Global Markets. |
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WanSiTong
Supreme |
13-May-2015 13:10
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Noon Market Singapore shares draw strength from other Asian marketsSingapore shares held above water, drawing strength from a run-up in most Asian markets. At 12:22pm (0422 GMT), the Straits Times Index was up 0.4% at 3,455.95. Market breadth was positive, with about 1.5 gainers for every decliner. Several blue chips were notably lower though. SIA Engineering fell 4% to $4.08 after the company cut its dividend payout and reported weaker results for the quarter and full year ended March 31. ST Engineering shed 1.4% to $3.58 after the company said its 1Q2015 earnings were 5% lower y-o-y at $130 million on weakness in its US shipbuilding business. Shares of other companies that reported weaker March-quarter results were also lower. These included Super Group, down 3.7% at $1.295 Singapore Post , down 0.8% at $1.90 Vard Holdings , down 1.7% at 58 cents and Rotary Engineering , down 6.4% at 51.5 cents. Ramba Energy rose 3.6% to 43.5 cents after the company said in was in talks with potential investors that have expressed interest in two of its exploration projects in Indonesia. Stocks that went ex-dividend today included Baker Technology , down 4.1% at 23.5 cents, and Cityspring Infrastructure Trust, down 5.9% at 55.5 cents. |
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WanSiTong
Supreme |
13-May-2015 08:35
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Market Preview Singapore shares seen opening lower after US pullback overnightSingapore shares may slip in early trading after US stocks pulled back overnight on concerns over the recent selloff in global sovereign bonds. The Dow Jones Industrial Average fell 0.2% to 18,068.23, the S& P 500 shed 0.3% to 2,099.12 and the Nasdaq Composite gave up 0.4% to 4,976.19. In Singapore, the Straits Times Index ended 0.8% lower at 3,442.33 yesterday. COMPANIES IN THE NEWS Weakness in its US shipbuilding business left ST Engineering with lower earnings of $130 million in 1Q2015. It earned $137.2 million a year earlier. ST Engineering shares ended 1.1% lower at $3.63 yesterday. Ezion Holdings ' 1Q2015 earnings fell 9.4% y-o-y to US$41 million ($54.7 million) on lower revenue, but the company expects its performance for the rest of the year to pick up as some of its rigs currently under maintenance will be deployed before the end of June. Ezion shares ended 2% lower at $1.205 yesterday. SIA Engineering ' s earnings for the quarter ended March 31 fell to $41.4 million from $65.2 million. SIA Engineering shares ended at $4.25 yesterday. Singapore Post ' s earnings for the three months to March 31 declined 51.6% y-o-y to $38.5 million. SingPost shares closed at $1.915 yesterday. Golden Agri-Resources (  Financial Dashboard)' 1Q2015 earnings fell 83.5% y-o-y to US$17.2 million.
The stock ended at 44 cents yesterday. Q& M Dental Group is expanding its reach in Singapore with offers to acquire eight clinics in a collective deal worth $20.3 million. Q& M shares were not trade yesterday. They last closed at 79.5 cents. Vard Holdings sank into the red in 1Q2015 with a net loss of NOK92 million ($16.3 million), hurt by foreign-exchange losses. It earned NOK92 million in the same period last year. Vard shares ended 0.9% higher at 59 cents yesterday. A spike in allowances for doubtful debts and lower revenue left Hu An Cable Holdings with a net loss of RMB109.7 million ($23.9 million) in 1Q2015. The wire and cable maker earned RMB538,000 a year earlier. Hu An shares ended 3.7% higher at 2.8 cents yesterday. |
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bishan22
Supreme |
12-May-2015 20:33
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Dow Futures showed red, looks like tml die liao. Fingers away from keyboard.
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Shirleyfong88888
Veteran |
12-May-2015 19:06
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Only Green for one day(yesterday), today dipped again😞 | ||||
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WanSiTong
Supreme |
12-May-2015 12:43
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Noon Market Selloff in sovereign bonds takes toll on stocksSingapore shares held on to losses as the weeks-long selloff in global sovereign bonds continued to weigh on sentiment in equity markets. Lingering concerns over Greece' s debt problems also gave investors reason to avoid risk assets. At 12:22pm (0422 GMT), the Straits Times Index was down 0.2% at 3,464.27. Market breadth remained negative, with about 1.5 decliners for every gainer. " In normal times, when investors sell bonds because of the fear of rising inflation and hence higher interest rates, stocks are sought after because inflation is traditionally viewed as a positive driver as it gives pricing power to businesses," said Nicholas Teo, an analyst at CMC Markets. " These are not, however, normal times. After the past eight years of unprecedented central bank easing and monetary expansion, capital markets all over the world have been intoxicated by the influence of cheap money," he said. " Both bond and stock markets have been on a bull tear because of this easy money. As a result, with this relationship - between bonds and stocks - now totally dulled by the ' unnatural' flow of excess capital, it would be hard not to expect stocks to suffer a similar sell-down." Pacific Andes Resources Development and China Fishery Group remained the most active stocks in the market. The later said before the start of trading today that it had used about 84% of the $282.5 million recently raised from a rights issue to redeem bonds issued by its Norwegian unit Copeinca. China Fishery rose 3.5% to 20.5 cents while its parent Pacific Andes gained 6.2% to 6.9 cents. Stocks that went ex-dividend today included China Merchants Holdings (Pacific) , down 6.5% at $1.07 Cogent Holdings , down 7.1% at 39.5 cents and Ho Bee Land, down 1.3% at $2.25. |
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WanSiTong
Supreme |
12-May-2015 08:22
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Market Preview Singapore shares may succumb to profit takingWall Street' s pullback overnight may prompt some profit-taking in Singapore shares, which rose on Monday after China cut interest rates for the third time in six months to support its economy. The Dow Jones Industrial Average shed 0.5% to 18,105.17, the S& P 500 gave up 0.5% to 2,105.33 and the Nasdaq Composite slipped 0.2% to 4,993.57. In Singapore, the Straits Times Index rose 0.5% to 3,470.80 yesterday. COMPANIES IN THE NEWS Bumitama Agri' s 1Q2015 earnings fell 41% to IDR181.6 billion ($18.4 million) from IDR307.8 billion a year earlier, hurt by lower prices of crude palm oil and palm kernel, increased losses from associates, higher cost of sales, and a foreign-exchange loss. Bumitama Agri shares ended 1% higher at 97 cents yesterday. 3Cnergy is selling its wholly owned HSR International Realtors to one of its substantial shareholders for a nominal $1. The buyer is Patrick Liew Siow Gian. He and his spouse have a 12.5% stake in 3Cnergy, and were the promoters of HSR at one time. 3Cnergy shares were not traded yesterday. They last closed at 35 cents. Silverlake Axis ' s associate Global InfoTech, has received approval from the China Securities Regulatory Commission for its proposed listing in China. Silverlake shares rose 4.1% to $1.28 yesterday. AusGroup reported earnings of A$2.2 million for the three months to March 31, reversing a loss of A$1.3 million a year earlier. AusGroup shares rose 4.4% to 23.5 cents yesterday. MTQ Corp incurred a net loss of $6.5 million for the quarter ended March 31, compared to earnings of $5.5 million a year earlier. MTQ shares rose 2.6% to 78 cents yesterday. LH Group reported a 1Q2015 net loss of $2 million, compared to a loss of $141,000 a year earlier. LH shares ended flat at 0.4 cent yesterday. Magnus Energy turned in a loss of $5,000 for the three months ended March 31, compared to a profit of $396,000 a year earlier. Magnus Energy shares fell 1.4% to 6.9 cents yesterday. Pteris Global has clinched a contract worth RMB71 million ($15.4 million) from Eastern Air Logistic to install a cargo system at Shanghai Pudong International Airport. Under a separate agreement, Pteris will install sorting systems for SF Express, a leading courier company in China. Pteris shares ended flat at 66.5 cents yesterday. Cordlife Group ' s earnings for the quarter ended March 31 swelled to $18.1 million from $1.5 million a year earlier on fair-value and foreign-exchange gains. Cordlife shares fell 3.6% to $1.22 yesterday. Hupsteel' s earnings for the quarter ended March 31 fell to $128,000 from $653,000 a year earlier. Hupsteel shares fell 2.6% to 18.4 cents yesterday. Hai Leck Holdings reported earnings of $1.4 million for the quarter ended March 31. It earned $3.9 million a year earlier. Hai Leck shares were not traded yesterday. They last closed at 23 cents. Travelite Holdings said it expects to report a net loss for the 12 months ended March 31 due to reduced demand for its products. Travelite shares were not traded yesterday. They last closed at 15.5 cents. China Hongcheng Holdings incurred a net loss of RMB43.3 million for the quarter ended March 31. It lost RMB18.7 million a year earlier. China Hongcheng shares were not traded yesterday. They last closed at 1.2 cents. BH Global Corp reported 1Q2015 earnings of $4.5 million, up from $1.4 million a year earlier. BH Global shares were not traded yesterday. They last closed at 11.3 cents. CSE Global reported 1Q2015 earnings of $7.6 million, little changed from the $7.5 million a year earlier. CSE Global shares ended flat at 57 cents yesterday. Charisma Energy Services' 1Q2015 earnings rose to US$2.4 million from US$167,000 a year earlier. Charisma Energy shares ended flat at 2.4 cents yesterday. |
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teeth53
Supreme |
12-May-2015 08:18
Yells: "don't learn through life, learn to grow with life " |
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China stock rally drives STI close to 3,500 points
Asian markets jump after Beijing cut interest rates amid slowdown.
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WanSiTong
Supreme |
12-May-2015 07:58
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Dow -0.47 18,105.17 / -85.94
Nasdaq -0.20% 4,993.57 / -9.98 S& P -0.51% 2,105.33 / -10.77 Wall Street ends down on global jitters oil stocks lower Wall Street closed lower on Monday as investors fretted about Greece' s precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices. U.S. stocks, which rallied on Friday on a strong jobs report, have been trading at historically expensive valuations, fueled by ultra-low borrowing costs. Investors took a pessimistic view of Europe as finance ministers met to discuss a cash-for-reforms deal for Greece, even though the country said it made a payment of about 750 million euros ($836 million) to the IMF. They also focused on China, which cut interest rates for the third time in six months on Sunday in a bid to stoke a sputtering economy that is headed for its worst year in a quarter of a century. " Given the level of investor angst, today' s selloff was modest," said Michael Farr, president of Farr, Miller & Washington in Washington, D.C. All of the 10 major S& P 500 sectors were down, led by the energy index .SPNY, which fell 2.05 percent. The Dow Jones industrial average .DJI fell 85.94 points, or 0.47 percent, to end at 18,105.17. The S& P 500 .SPX lost 10.77 points, or 0.51 percent, to 2,105.33 and the Nasdaq Composite .IXIC dropped 9.98 points, or 0.2 percent, to 4,993.57. April payroll data out last Friday indicated U.S. economic growth was picking up, but not enough to raise concerns about an earlier-than-expected interest-rate rise by the Federal Reserve. " People are still concerned about whether we will have a liftoff in the fall or not. That' s the big driver," said Michael Matousek, head trader at U.S. Global Investors Inc in San Antonio. U.S. light crude CLc1 fell on signs that U.S. shale oil production was recovering. Apple (AAPL.O) was the biggest drag on the Nasdaq, with its shares ending down 1.02 percent. Smartphone shipments in China shrank for the first time in six years, according to market research firm IDC. The S& P 500 .SPX is trading at 17 times expected earnings, compared with its 10-year median average of 15, according to Thomson Reuters StarMine data. It is 0.58 percent short of its all-time record high close set in late April. Rosetta Resources (ROSE.O) soared 27.19 percent after Noble Energy (NBL.N) said it would buy the company for about $2 billion. Noble ended down 6.21 percent. Declining issues outnumbered advancing ones on the NYSE by 1,983 to 1,071, for a 1.85-to-1 ratio on the downside on the Nasdaq, 1,442 issues rose and 1,303 fell for a 1.11-to-1 ratio favoring advancers. The benchmark S& P 500 posted 21 new 52-week highs and 3 new lows the Nasdaq Composite recorded 66 new highs and 40 new lows. About 5.6 billion shares changed hands on U.S. exchanges, below the 6.8 billion daily average for the last five sessions, according to BATS Global Markets. |
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Octavia
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11-May-2015 23:36
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I think more China policy rate cuts are in the cards as real lending rates remain elevated and deflation risk remains high. Meanwhile, the PBoC' s statement was making the rounds on WeChat hours before its official release suggesting Janet Yellen isn' t the only central banker that enjoys leaking information. |
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Octavia
Supreme |
11-May-2015 23:24
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If history' s any guide, Janet Yellen' s warning may turn out to be a bullish sign Traders were spooked this week, after Federal Reserve Chairwoman Janet Yellen warned about what she deemed to be stock valuations that were too high. Yet if history is any indication, warnings about asset bubbles and valuation can often serve as a contrary indicator, market watchers say. Back in December 1996, former Fed Chairman Alan Greenspan warned that investors were undergoing a bout of " irrational exuberance," a phrase that came to characterize the stock mania of the 90' s. However, Greenspan' s warnings, while ultimately prescient following the popping of the internet bubble, turned out to be a bit premature. In the year following those remarks, the S& P 500 proceeded to climb 28 percent in the year.  n March 2007, Greenspan' s replacement, Fed Chair Ben Bernanke, expressed confidence that the subprime crisis was likely contained. As it turned out, the crisis was much worse than anyone expected&mdash and the S& P 500 proceeded to have its worse crash since the Great Depression.
More recently, in July 2014, Yellen warned that some areas of the current market, mainly biotech and social stocks, had run a little too far. And after initially selling off, the Nasdaq Biotech ETF &ndash the IBB - has since rallied nearly 30 percent. 
With so much history of getting near-term market calls wrong, it' s little wonder some investors are tuning Yellen' s comments out. " I don' t pay so much attention to it," said Fast Money trader, Karen Finerman. |
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WanSiTong
Supreme |
11-May-2015 12:37
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Noon Market Singapore shares up China-focused property stocks in playSingapore shares tracked a run-up in most Asian markets, but trading was light and further upside appeared limited. Stocks in the region advanced after China cut interest rates for the third time in six months in a bid to support its economy. At 12:12pm (0412 GMT), the Straits Times Index was up 0.5% at 3,468.89. Market breadth narrowed to about 1.5 gainers for every decliner, compared to more than two to one in early trading. China-focused property stocks were in play, as investors saw the rate cut as a sign that Beijing would not let the property market drag down the economy. Yanlord Land rose 2.1% to $1.205, China New Town Development climbed 4.1% to 7.6 cents, Ying Li International gained 2% to 25 cents and Chiwayland International put on 1.9% to 10.6 cents. Among blue chips, notable gainers were ComfortDelGro Corp , up 2% at $3.06 Golden Agri-Resources , up 2.4% at 42.5 cents and Noble Group , up 1.8% at 84.5 cents. Sembcorp Industries was the biggest decliner among large caps, down 2.5% at $4.26, on follow-through selling. The company reported 1Q2015 results last week that missed expectations. All three business units - utilities, marine and urban development - turned in weaker results. CNA Group rose 3.4% to three cents after the loss-making company said Jilin Gold Group, in which it would take a 10% stake, reported a net profit of almost $11 million in 2014. |
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risktaker
Supreme |
11-May-2015 11:00
Yells: "Posts are opinions. Do not take it as investment advise " |
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Singapore up only 0.4%....despite strong gain in US | ||||
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