| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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WanSiTong
Supreme |
24-Aug-2015 12:52
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Noon Market STI down 3.22% to2,875.4 over China worries  August 24, 2015 : 12:41 PM Singapore shares continued to dive, with the blue-chip Straits Times Index dropping more than 3% as concerns over China' s slowing economic growth rate continued to spook the market. By 12.08pm, the Straits Times Index slipped 3.23% to 2,875.06. In the broader market, decliners outnumber gainers 468 to 28. A total of 894.2 million shares worth $ 848 million changed hands. All the 30 STI component stocks fell. Developers Capitaland fell 4% at $ 2.88 while CityDev was down 2.7% at $ 8.53. Banks DBS  was down 3% at $ 17.74 while OCBC  fell 3.3% at $ 8.80. SGX fell 3.9% at $ 7.16. SIA fell 1.5% to $ 9.83. Singtel fell 3.15% to $ 3.82. The Stratech Group, Equation Summit, Noble Group , Pacific Andes Resources Development , and Ezion Holdings were among the most actively traded counters. Among the decliners, Hi-P International  fell 15% to 33 cents as Hi-P Electronics said it has started arbitration proceedings against Yota Devices to claim a sum of US $ 126 million ($ 178 million) for the failure of Yota to take delivery of a shipment of Yota 2 dual-screen smartphones. Oxley Holdings  fell 4% to 38 cents. The property developer posted a 68.3% drop in FY15 net profit to $ 60.9 million from a year ago. Revenue fell 35% to $ 701.8 million mainly due to the completion of the industrial development, Oxley Bizhub. Sembcorp Industries  fell 4% to $ 3.15. The conglomerate announced that its wholly-owned entity China Water Company (Zhumadian) has completed the divestment of its entire 51% stake in Zhumadian China Water Co to Beijing Enfei Environmental Protection Co for RMB 90 million ($ 19.5 million). Among the gainers, Noel Gifts International  rose 7% to 32.5 cents. The provider of floral arrangements, gifts, and hampers posted a 84.6% yoy increase in FY15 net profit to $ 2.9 million on the back of higher revenue of $ 29.4 million from $ 27.6 million in FY2014. The increase was largely due to the revenue from SG50 Baby Jubilee Gift project. Companies that went ex-dividend on Monday include China Merchants Holdings (Pacific) , Global Investments , Innovalues , ISEC Healthcare, Super Group, and Vibrant Group.   |
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teeth53
Supreme |
24-Aug-2015 12:35
Yells: "don't learn through life, learn to grow with life " |
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Will buy some to keep when it hit one.
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fernvale
Master |
24-Aug-2015 12:31
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shld be worse comapred to eu, cos china the 2nd biggest economy is involved, maybe after turmoil it will be the 1st economy? china is dragging world with it
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Siwomp
Supreme |
24-Aug-2015 12:20
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then wait for vix to go above at least 40 then hoot.
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fortunecat
Master |
24-Aug-2015 12:14
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Can't remember, this time looks like worse than Euro crisis? Because of?
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Demostation
Supreme |
24-Aug-2015 12:13
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Last time crisis, nobody wanted to buy shares.   SGX only $1.00 per share.   Lets trade it down to $3 first..
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Siwomp
Supreme |
24-Aug-2015 12:11
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last time lehman, vix 80+, euro crisis 40+, now vix only 28,.... no panic in mkt yet.... so only dead cat bounce.... then down again. | ||||
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erniebirdy
Member |
24-Aug-2015 10:36
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Inching closer to 2,700 everyday! |
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Demostation
Supreme |
24-Aug-2015 10:35
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Too late to do shorting trades for all Sg counters.   Can also lose until don' t know how to go home, lol.
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risktaker
Supreme |
24-Aug-2015 10:08
Yells: "Posts are opinions. Do not take it as investment advise " |
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lesson learn if u cant beat them.... join them..... short ah | ||||
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risktaker
Supreme |
24-Aug-2015 09:56
Yells: "Posts are opinions. Do not take it as investment advise " |
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gave up .... i sell and go home.... 2900 broken.... sian...loss until donno where my home liao...pui | ||||
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genting^2
Master |
24-Aug-2015 09:08
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Time to accumulate bit by bit (100 shares) for good counters.. Remember to cancel CDP Share Loaning and also brokerage' s share loaning schems DON' T BE STUPID TO LOAN YOUR SHARES FOR PEOPLE TO SHORT YOUR COUNTER AND MARKET. SPREAD THE WORD. |
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treetops
Elite |
24-Aug-2015 09:02
Yells: "Moments Today, Memories Tomorrow!" |
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STI down over 60. =.=" |
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WanSiTong
Supreme |
24-Aug-2015 09:01
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Stocks To Watch Silverlake Axis, FCL, GuocoLand, Oxley, Noel Gifts, Hi-PAugust 24, 2015 : 8:59 AM Here are some stocks to watch out for this Monday morning. A 42-page short-seller report which placed a 29 cents target price and a " short" recommendation on Silverlake Axis, the Malaysian-based software solutions provider, could have caused the stock to fall by as much as 27% to an intra- day low of 61.5 cents on Friday, forcing the group to call for a trading halt. The counter closed at 63.5 cents just before the trading halt was called. Frasers Hospitality, a member of the Frasers Centrepoint group, has acquired a serviced residence in the city of Dalian for RMB481.37 million ($ 100.3 million). Apartments in the 259-unit Fraser Suites Dalian studios will range from studios to three-bedroom apartments . It is scheduled to open in 2017. Frasers Centrepoint Limited closed at $ 1.525 on Friday. GuocoLand says Chia Boon Kuah will be retiring as group president and CEO of GLL Group on Aug 31. Hw will be replaced by Choong Yee How, president and CEO of Hong Leong Financial Group (HLFG) in Malaysia, with effect from Sept 1. GuocoLand shares closed at $ 2.07. Homegrown lifestyle property developer, Oxley Holdings saw FY15 net profit fall 68.3% to $ 60.9 million from a year ago. The decline came on the back of a 35% decrease in revenue to $ 701.8 million mainly due to the completion of the industrial development, Oxley Bizhub . Oxley shares closed at 38.5 cents. Noel Gifts International posted a 84.6% yoy increase in FY15 net profit to $ 2.9 million on the back of higher revenue of $ 29.4 million from $ 27.6 million in FY2014. The increase was largely due to the revenue from SG50 Baby Jubilee Gift project. Noel Gifts shares closed at 30.5 cents. Hi-P International' s wholly-owned subsidiary, Hi-P Electronics has started arbitration proceedings against Yota Devices to claim a sum of US $ 126 million ($ 27.7 million). The claim involves an agreement between Russian-based Yota and Hi-P Electronics to develop , manufacture and supply the Yotaphone 2 dual-screen smartphone. Hi-P International closed at 39 cents. On Friday, US stocks closed deep in the red as global growth concerns accelerated selling pressure The Dow Jones industrial average closed down 530.94 points, or 3.12%, to 16,459.75, concluding its worst week since 2011 . The S & P 500 lost 64.84 points, or 3.19%, to 1,970.89 and the Nasdaq Composite dropped 171.45 points, or 3.52%, to 4,706.04. On the local bourse, the Straits Times Index fell 1.29% to close at 2,971.01, below the psychological 3,000 level for the first time since February 2014. A total of 1.94 billion shares worth $ 1.54 billion changed hands.   |
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genting^2
Master |
24-Aug-2015 08:57
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Rememebr to cancel loaning out of shares to CDP by callig your broker or sending the form in.to CDP |
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Demostation
Supreme |
24-Aug-2015 08:53
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Agreed with risktaker. Sg market has been oversold for quite some time.   To much, too long.   Now could do the opposite of what people expected, unexpectedly..
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risktaker
Supreme |
24-Aug-2015 08:03
Yells: "Posts are opinions. Do not take it as investment advise " |
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u guys dont be so black heart.... me think market overdone.... my view only....
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Sporeguy
Elite |
23-Aug-2015 15:36
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Have not even surpassed the previous ht of 3900 in 2007, already looks like bear market! |
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Siwomp
Supreme |
23-Aug-2015 14:49
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song lieow, monday got opportunity to make big money..... Huat Ah! | ||||
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Peter_Pan
Supreme |
22-Aug-2015 21:49
Yells: "kopi-o siu dai mai hum!" |
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bery the tio lah!
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