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STI to cross 3000 boosted by long-term investors
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wangerism
Master |
13-Jul-2015 15:25
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chart says sti to lift off...
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RoundRound
Elite |
13-Jul-2015 15:13
Yells: "Tikam Tikam can also" |
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This a a damned good news. Load up your favourite stocks now:
Greece gets bailout deal after all-night eurozone summit http://www.marketwatch.com/story/greece-gets-bailout-deal-after-all-night-eurozone-summit-2015-07-13?link=MW_home_latest_news |
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jim1978
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13-Jul-2015 13:57
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penny stocks is taking a break...not much movement, mayb have to wait for these thurday....then stample |
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wangerism
Master |
13-Jul-2015 13:54
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hot $$$ is out of asia!
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Demostation
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13-Jul-2015 13:32
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Sh*t, the market has got no play at all. Wall street rocketed on Friday, but Sti engine could not start due to burnt fuse....lol.. |
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WanSiTong
Supreme |
13-Jul-2015 13:30
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Noon Market Singapore shares trade sideways in positive territoryJuly 13, 2015 : 1:21 PM Singapore shares continue to post modest gains amid range-bound trading. At 12:40 pm (0440 GMT), the Straits Times Index added 0.51% to 3,296.62. Market breadth was however slightly negative, with 174 decliners trouncing 167 gainers. The Straits Times Index came off from its intraday peak of 3,303.63 and low of 3,293.41. Volume amounted to 652.6 million shares worth $ 317.3 million changing hands. Singapore Telecommunications, DBS Group Holdings, United Overseas Bank, Haw Par Corporation, and Global Logistic Properties were among the most active stocks in the market. Among gainers, Vallianz Holdings leapt 4% to 5.2 cents. The provider of offshore support vessels to the oil and gas industry has clinched a time charter valued at up to US $ 300 million ($ 405.4 million) to supply two self-elevating platforms. The contract It was awarded by an existing customer in the Middle East. CNA Group, the master systems integrator, rose 4% to 2.6 cents before requesting for a trading halt on its shares pending the release of announcements. China International Holdings last traded at 3 cents on July 7. The company, which manages toll bridges and roads in China, proposed to undertake a share consolidation of every twenty ordinary shares in the issued share capital of the company as at a books closure date to be determined into one consolidated share. This is to facilitate compliance with the continuing listing requirement imposed by the Singapore Exchange for issuers listed on the mainboard to have a minimum trading price per share of 20 cents. Among top decliners, Metech International tumbled 20% to 0.4 cent. The e-waste management solutions provider plans to undertake a rights cum warrants issue to strengthen the financial position of the group. It will issue of up to 1.4 billion new shares at 0.3 cent each and 1.4 billion free detachable warrants, each carrying the right to subscribe for one new share at 0.4 cent. United Food Holdings plunged 6.5% to 17.2 cents. The company, which produces and supplies soybean products and animal feeds, expects to incur a significant loss before tax of up to $ 119.5 million or RMB550 million in its upcoming second quarter results ending June 30, 2015 . Stocks that went ex-dividend today included SPH Reit and Singapore Post |
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Sporeguy
Elite |
13-Jul-2015 10:33
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Developers must have at least the piece of land first before they can sell. Even before they sell, they have to have aprrovals from many authorties. Singapore is a small country, cannot afford to follow USA, one mistake will kill spore in a few years that spore have have built up the last 50 years. The american short sellers are a swarm of sharks. Spore, watch out, we may be killed by all these sharks! For retailers, they must have their goods before they sell. For distributors, they are of different category (bigger than retailers). Likewise, many share owners of public listed companies are simliar to retailers, they are not big companies. That is why China has to put a stop of those owning a big chunk of shares from trading for a few months. If China' s market was nearly destroyed by short sellers, so can spore. Don' t ever believe what the american say, they are cannibalising the world.
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Demostation
Supreme |
13-Jul-2015 10:31
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One has to look deep into the problem. On the surface seems very OK for short-selling. It is a matter of I buy you sell, vice versa. But think deeper into it, it can cause unreal, fake and improper, market situation. Eg. If everyone starts to offer to sell HDB flat for $10,000 each, who would want to buy a flat for more than $10,000 in the meantime? If we sell a material short, who would pay better than the price we offer for the material in the meantime? Since everyone is waiting for a cheap and cheaper market, the true price of the stocks or products or materials would be depressed. For tangible products, they might be ok since tangible products are useful or serviceable meaning providing some usage. But for shares being paper only, they are not able to give a tangible economic use for anyone holding it, except that when someone is really interested in a takeover of the related company, which rarely the man in the street (common investor) could ever do. So think deeper into it, short selling is not a productive action.
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Demostation
Supreme |
13-Jul-2015 10:04
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Sg 50 may not be a day to remember as good day for Stock investors. However it is hope not that Singaporeans remember it as a gloom day amidst " patriotic" emotions. But still nowhere to be felt either way, lol.
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Siwomp
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13-Jul-2015 10:03
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if something is out of stock, mean retailers in everyday biz cannot sell? no right. if so close shop very fast.
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Siwomp
Supreme |
13-Jul-2015 10:01
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It is not wrong to sell something u don't have now. Else all trades, biz, etcs.... cannot do business. Developers included.
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Sporeguy
Elite |
13-Jul-2015 09:48
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Read the Straits Times forum, a Mr Leong has asked the authority not to let Spore to be the playing ground of short-sellers! As long as SGX is a public listed company, their main aim is to make money with efficiency came second and moral obligation last (Look at SMRT for past years under Ms Saw). Short-sellers have caused havocs in many countries and make stock trading into casinos. It is morally incorrect to sell something that sellers do not have! |
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bishan22
Supreme |
13-Jul-2015 09:43
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Captured 3300. Cannot complain liao... |
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WanSiTong
Supreme |
13-Jul-2015 08:52
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Market Preview Singapore stocks may open higher this morningJuly 13, 2015 : 8:48 AM The benchmark Straits Times Index is expected to open higher today on bets Greece may secure a deal and after equities in China rebounded. Last Friday, the Straits Times Index climbed 0.38% to 3,279.88 with some 1.16 billion shares worth $ 929.7 million changing hands. In the US, the Dow Jones industrial average rose 211.79 points, or 1.21%, to 17,760.41, the S & P 500 gained 25.31 points, or 1.23%, to 2,076.62 and the Nasdaq Composite added 75.30 points, or 1.53%, to 4,997.70. Here are some stocks and factors that could move the market this morning: Loyz Energy, the oil exploration and production group, is likely to report a loss for 4Q ended June 30, the company announced in a July 11 statement. The loss can be largely attributed to a one-time, non-cash charge of its investments in India and the US. The company plans to raise some cash by selling these assets. Loyz Energy at 0.2 cent lower at 10.3 cents last Friday. Vallianz Holdings, the provider of offshore support vessels to the oil and gas industry, has clinched a time charter valued at up to US $ 300 million ($ 405.4 million) to supply two self-elevating platforms. Vallianz closed 0.2 cent higher at 5 cents last Friday. The Ascott Limited, CapitaLand' s serviced residence arm, and Qatar Investment Authority (QIA) has entered into a 50:50 partnership to set up a US $ 600 million ($ 809 million) serviced residence fund. CapitaLand closed $ 3.36 last Friday. The number of passengers carried by Tiger Airways Holdings fell 9.7% year-on-year (yoy) to 439,000 in June 2015. In a statement to the stock exchange, the airline said its operations here recorded traffic declined 10.2% yoy to 806.0 million revenue passenger-kilometres (RPK). Tigerair closed at 30 cents last Friday. Lian Beng Group announced on July 10 that two of its independent directors, Dr Wan Soon Bee and Sitoh Yi Pin, have left the board with immediate effect, " due to certain differences in opinion from the management over certain company affairs." Sitoh, 51, and Wan, 75, were both appointed to the board in 1999. Sitoh is now the Member of Parliament for Potong Pasir and Wan was a minister of state. Lian Beng closed flat at 52 cents. Metech International, the e-waste management solutions provider, is to undertaking a rights cum warrants issue to strengthen the financial position of the group. Metech will issue of up to 1.4 billion new shares at 0.3 cents each and 1.4 billion free detachable warrants, each carrying the right to subscribe for one new share at 0.4 cents. Metech closed at 0.5 cents. United Food Holdings expects to incur a " significant" loss before tax of up to $ 119.5 million or RMB550 million in its upcoming second quarter results ending June 30, 2015. United Food closed at 18.4 cents. |
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victortan
Elite |
12-Jul-2015 23:52
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In the end, they are worse off after 2 to 3 wks of bank holiday. now need even more money.
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tomhanks
Master |
12-Jul-2015 23:40
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Wishing a good month ahead for all counters.... time for sg50 celebration. 
Cheers guys. |
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Idealist
Member |
12-Jul-2015 22:19
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Any one remember the cllapse of Pan Electric which caused SGX and KLSE to shut down for 3 days? http://eresources.nlb.gov.sg/history/events/ec498103-8fda-4fe1-b85d-0bf4235e6253 |
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Siwomp
Supreme |
12-Jul-2015 14:12
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the Greek kenna sold out by their govt in the new proposal...... politics lor.... same everywhere. | ||||
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FATABA
Supreme |
11-Jul-2015 13:18
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I echo yr input and I think that AP market will rebound back 2nd half. May test 3500 soon. 1. Interest rate at most will up one time this year and its to be small increase which market has expected. ( good for banks anyway) 2. COmmodities and oil are all at or close to all time low ...how much more do we expect it to fall ...10% 3. China/HK market is officially support by Chinese gov....fm past history we know they can do what they plan to do ( like stopping 6 mths sale of large shareholders) 4. USA growth shld be on a better footing. 5. Europe greece issue is out of mind and emotionally good for market. Keeping my finger cross. :))
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RoundRound
Elite |
11-Jul-2015 12:34
Yells: "Tikam Tikam can also" |
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I am expecting a big recovery in Asia-Pac stock market come early next week especially on Monday, once the Greece debt issue is ironed out this weekend. STi should be enjoying one of its biggest gain this year if things are worked out in Eurozone. Have personally added more than a handful of counters since Thursday. |
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