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Riverstone
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Keppel Corp
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NT1825
Master |
28-Dec-2020 11:21
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x 0
x 0 Alert Admin |
Yes. Should rebound cos oversold last 2 weeks Naysayers will have the burden to substantiate their posts soon.
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wavehunter
Supreme |
28-Dec-2020 10:32
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
The price fell becoz of the collective action of market participants in this stock. Not becoz of what I have been writing here. I am not referring to you becoz you didnt. But it has been suggested that the price was holding up at around 1.27 level and then took a plunge to 1.06 becoz of my charts and bearish comments here. If only I am that " powerful" . With or without my charts and comments, this stock would still have done whatever it did over the last one month. 2 goalposts to take note of. One is at 1.21 on the right hand side of your screen. The other is at 1.06 on the left where the bull goalkeeper is guarding. We see which side scores a goal first. . 
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TradeExpert
Veteran |
28-Dec-2020 10:31
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x 0
x 0 Alert Admin |
The answer for the downside chart call is obvious. Lol...
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TradeExpert
Veteran |
28-Dec-2020 10:16
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x 0
x 0 Alert Admin |
After the shortlist are done with their works, it will rebound again.
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alpine
Senior |
28-Dec-2020 09:59
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x 0
x 0 Alert Admin |
Wow so many shortists from 28/10/2020 till date as shown in the sginvestors.io/sgx/stock/AP4 riverstone share price history. Therefore no need for me to spell out the reason for wavehunter's downside chart call to date. | ||||
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SGPhantom
Master |
28-Dec-2020 09:34
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x 0
x 0 Alert Admin |
Ouch.... Poor start for the week, after last week' s " decent" gain. Hope it reverses soon to make it 2 weeks gain. |
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limjoeseph
Supreme |
28-Dec-2020 07:58
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x 0
x 0 Alert Admin |
"Today's Food For Thought: The Medium to Long Term view, the view from 30,000 feet, is the only way to make successful decisions. Short term technical charts or unsuspecting short term news events are presented to give market participants a feel for the current situation. It should be noted that medium to long term strategic investment decisions should NOT be based on any short-term charts or unsuspecting news events mostly used by contra and short term traders which is suggested that such market participants trade with stop losses to suit their risk appetite. These short term technicals or short term news events will lead a medium to long term investor into whipsaw action that tends to detract from the overall performance." But I must caution that investors review their investment portfolios periodically to assess whether there are any change of fundamentals that will derail their investments and they must be willing to make the necessary changes to their portfolios when the need arises to suit their risk appetite. As usual due diligence is warranted and it is your own judgemental call as own money own target. NB: There is no guarantee in investing but yet it is better than parking excess cash in the bank to earn pittance interest. Fundamentally, it is earnings that will matter at the end of the day for RS investors. | ||||
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look@bright
Elite |
27-Dec-2020 21:21
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x 0
x 0 Alert Admin |
World
COVID-19 pandemic will not be the last: WHO chiefhttps://www.channelnewsasia.com/news/world/covid-19-pandemic-will-not-be-the-last-who-chief-13846848 |
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wavehunter
Supreme |
27-Dec-2020 18:08
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 1 Alert Admin |
But " VALUE" is a wild horse. Ask 5 analysts and they will come out with different valuations. And they assume no personal liability if the price doesnt reach those levels. From my observations, stock prices do not reach " valuation levels" alot alot more often than they do. Interestingly, if rules provide that an analyst will be subject to a penalty if stocks fail to reach the valuation level within a 6-mth timeframe, we will see more responsible analysis and valuations will be pegged at a more realistic level than they presently are. Such a rule will be good for the industry and market participants. It will make analysts put their reputation (and wallet) at where their mouth is. It will discourage irresponsible analysis. Currently it is anything goes.... Ka Kee Cong Ka Kee Song only. For myself, I dont bother about valuation. Valuation is not one of the factors in my equation. For me, first and foremost, is there a monkey in the driver' s seat ? If there is, try to figure out which way he is going and join him. Get this right and you are on your way to a profitable trade. If there is no monkey and retail bulls and bears are playing by themselves, the stock will be doing range trading. Identify that range and BUY AT SUPPORT and SELL AT RESISTANCE. A trading range can shift up or down depending on which side is stronger. But all bets are off the moment there is a market moving event which can see a strong move UP or DOWN. If that happens, be on the same side as the direction of that strong move. As for Riverstone, we now know with the benefit of hindsight that after reaching $2.00, she has been doing range trading with retail bulls and bears playing by themselves. But becoz retails bears were stronger than retail bulls, she has been shifting her trading range downwards a couple of times from $2.00 to $1.06. See chart. 
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TradeExpert
Veteran |
27-Dec-2020 16:31
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x 0
x 0 Alert Admin |
Fundamentally, Riverstone intrinic value is at around $1.5. So if it trading at around $1.17, is it deem to be undervalue? Lolxx... DYODD | ||||
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TradeExpert
Veteran |
27-Dec-2020 15:08
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x 0
x 0 Alert Admin |
Absolutely with the right strategy. Another is the 50% reducing exposure methodology. lolx..
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wavehunter
Supreme |
27-Dec-2020 15:03
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
An investor looks at the medium to longer term and is, on paper, not supposed to be affected by short term movements in the stock which is commonly referred to as " market noise" . Having said that, some short term movements can be quite sharp and for me personally, worth the trouble and effort to look into and act on it even if I am a mid to longer term investor. For example, I am LONG in a stock which I am prepared to hold for 3 months to a year to see results. But if meantime, newsflow will in the short term alter the trajectory of the stock I am vested in and that alteration, in terms of the number of bids, is big enough to make it worth my while to get out first to avoid the short term selling and jump back in when the selling ends and save myself the bleeding in-between, that is something I will consider doing. But that' s me. No right or wrong here. Just a matter of personal preference of how to invest for the mid to longer term. Different strokes for different folks. |
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TradeExpert
Veteran |
27-Dec-2020 14:44
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x 0
x 0 Alert Admin |
Bingo! Absolutely Right! 
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TradeExpert
Veteran |
27-Dec-2020 14:43
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x 0
x 0 Alert Admin |
Bingo! Abosolutely Right! Some may get confused with trading vs investing. Some may also get influenced/swayed by some comments and regret later when they " forgot" about looking at the fundamentals and Charts. Riverstone is for Long.... for mid-term. The fundamentals are strong including the financials and strong demands for it. Again... DYODD yah...Lolxx Whatever comments is given in this forum, advisable to DYODD to verify and move with the markets is the most prudent methodology to striking a win of your portfolios. Savvy Investors/Traders get above 98% streaking win on their portfolio. Keeping calm in times of negative news to analysis can be challenging for some. Relook at fundamentals and charts again to prevent oneself from being swayed by some comments which may be tinted by motives to sway sentiments to bring it down in what they want it to be and they scoop up massively subseqently at lower pricing. Whether it goes down or goes up, it does not matter much to the mid to long term investors/traders. Agree? If it goes down, average down and wait for a rebound. If it goes up, short sell and scoop up double when it plunge. The fact that it is trading sideways for awhile with low volume for 2-3 weeks and sudden gradual spike in buy volumne from last thursday speaks of something. Look out for a breakout soon. Up or down, depending on the power of the forces. lolxx I will think likely to go up soon. Lolxx 
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wavehunter
Supreme |
27-Dec-2020 14:41
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Do Your Own Due Diligence simply mean do your own research, analysis, chart study, historical prices study and price action study so that you can form your own view and be in a better position to assess or measure or weigh any other views you hear which may be contrary to your view or in line with your view. DYODD also mean if you do not have the resources to form your own view and you choose to heed a call, you do so at your own risk as ultimately you are the one who hit the button. If you follow a call and make money, you dont have to chiah that fellow to lim kopi. But if you lose money, you also cannot kpkb. That' s the unwritten rule of this game. In the end, it is your own assessment whether you can trust a person' s assessment and analysis. Those you trust, you pay attention to what they say. Those you have doubts, you read just for fun. At my home thread, the same group of regulars are always around to share, to air their views, to contribute. DYODD is the unwritten rule but we dont have any issue of any of the regulars airing a view intended to influence buying or selling to move a stock in their vested direction. We express our views based largely on the immediate price action and even if our view is in conflict with our own vested position. That' s the type of trust, honesty and integrity me and my fellow regulars at my home thread have built and have for one another. We may be wrong at times when we express a view in that the market did the opposite of what we had expected. But we dont express a view to intentionally mislead or to make people buy or sell a stock to benefit our own vested interest. Not easy to achieve such a level of sharing but in my home thread, we have done it. |
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limjoeseph
Supreme |
27-Dec-2020 13:59
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x 0
x 0 Alert Admin |
Readers, please note that a chart is never foolproof but your due dilgence is it is your own money, own target. If you are trading on contra or short term from the ling side, just trade with stop losses to suit your risk appetite. If you are are a medium to long term investor, you should not be perturbed with short term volatility as you you are looking at the medium to long term fundamentals of a company as at the end of the day it is earnings which matter to you but you should open your portfolios for review every 3 months to assess whether there is any change of fundamentals to derail your portfolios which warrant your necessary actions adjustments to your investment portfolios. NB: Readers, please avoid mixing up Trading as opposed to Investing. | ||||
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wavehunter
Supreme |
26-Dec-2020 13:07
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Keep an eye on newsflow from now onwards. News which is positive for COVID stocks for example...more setbacks discovered about efficacy or reliability of vaccines... reports of more segments of the population reacting adversely to vaccination...reports of a rise in demand for gloves and PPE... reports of shortages of gloves and PPE resulting in increase in prices which means bigger margins...reports of the mutated virus spreading out of control leading to more lockdowns and closing of borders...etc... observe whether such reports help COVID stocks to propel higher. Or whether no effect. Price action-wise, the 2 markers to note are the Last Low at 1.06 and the Last High at 1.21. The bounce from 1.06 to 1.21 which is a bounce of 15 cts happened at a time when trading activity tends to slow down due to the year end festive season where we have 2 consecutive short trading weeks of only three and a half days of trading per week. So this sort of somewhat distorts the reading of the price action. During these two weeks, some traders who have profits will unwind their positions to book their profits. It is neat to do that for closing of books at the end of a financial year. And those who have no positions will defer any major acquisition until the new trading year. Which is why what we saw last week and what we will be seeing next week is not a good indication of what the price action will be when there is full participation by those who are eyeing this stock. Going forward, my immediate interest is to see if this stock next attempt to test the resistance at 1.21 or the support at 1.06 and whether that support or resistance breaks. And take it from there. |
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Eatall
Veteran |
26-Dec-2020 12:38
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x 0
x 0 Alert Admin |
From the recently observations,
Mr. Market still in la..... Patience will pay off... |
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Eatall
Veteran |
26-Dec-2020 12:36
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x 0
x 0 Alert Admin |
Absolutely...
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ss2017.
Supreme |
26-Dec-2020 12:34
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x 0
x 0 Alert Admin |
In any mkts we must first win over our minds then we could see where is Mr. Mkt heading to and how Mr. mkt intends to do next. This is long journey of self-discovery processs. Cultivate a receptive mind to receive 2021 soon |
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