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Rex International
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Peter_Pan
Supreme |
13-Aug-2015 19:07
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
bo lah! now i only trade for one day only lah
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risktaker
Supreme |
13-Aug-2015 19:00
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0 Alert Admin |
huat bo? tomorrow day 2....
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Peter_Pan
Supreme |
13-Aug-2015 18:34
Yells: "kopi-o siu dai mai hum!" |
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x 0 Alert Admin |
how come all the durians no standard one leh | ||||
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WanSiTong
Supreme |
13-Aug-2015 17:37
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Highlight The yuan drop just added US$14 billion to Asia Inc.&rsquo s debt burdenSINGAPORE (Aug 13): The record devaluation of the yuan has dragged down almost every currency in Asia As they drop, the foreign debt bills of the region' s companies are rising.. Almost US $ 1.6 trillion ($ 2.25 trillion) of bonds and loans denominated in dollars and euros across Asia outside Japan and China has just become US $ 14 billion more expensive for companies that service the debt in their home currency, Bloomberg-compiled data show. While many borrowers have hedged their exposure, the cost of doing that and repaying interest and principal is going up. The People' s Bank of China cut its daily yuan reference rate by a record on Tuesday, triggering the currency' s biggest two-day loss since China unified official and market exchange rates in 1994. The move accelerated a sell-off in other parts of Asia, pushing the Indonesian rupiah and the Malaysian ringgit back to 1998 lows and the Thai baht to a six-year trough. " The impact on the rest of dollar Asia is pretty negative," said Tim Jagger, a Singapore-based portfolio manager at Aviva Investors Global Services Ltd., which managed some US $ 386 billion as of March 31. " My worry in times like these is that some unintended consequences come out of this type of action. " The yuan' s devaluation has rippled across other debt markets. The cost to insure Malaysian government debt against nonpayment touched 171.5 basis points Wednesday, the highest since October 2011. Protection costs in Thailand, Indonesia, India and Vietnam also tested altitudes not seen in over a year ʱ ?? Worst Hit Investors are also demanding a steeper premium to hold junk notes in Asia, with the spread over Treasuries rising 25 basis points since Monday, a Bank of America Merrill Lynch index shows. That compares with a 5 basis point rise for investment- grade notes in the region. Indonesian companies are likely to be worst hit, according to Singapore-based Wai Hoong Leong, who tracks Asian high-yield investments at Nikko Asset Management Co., which manages about US $ 162 billion. " If you look at Indonesian high-yield corporates, dollar debt is likely to be their major source of borrowings," Leong said. " Thus the currency weakness will induce a bigger swing in their profit and loss relative to Chinese corporates." US currency bonds of tyre maker PT Gajah Tunggal and animal feed producer PT Japfa Comfeed Indonesia plunged to their lowest on record earlier this week as the rupiah dropped 1.8%. Both companies have recently been downgraded by Standard & Poor' s partly because of the effect a weaker currency has on their operations. ' Especially Worried' In Malaysia, the ringgit' s 2.3% slide is adding to concerns. Malaysia' s economy expanded the least in almost two years in the three months to June after a new consumption tax curbed private spending. Foreign funds have dumped about US $ 3 billion of the nation' s shares this year as Prime Minister Najib Razak grapples with allegations of financial irregularities at a state investment company. The extra yield over Treasuries investors demand to hold the 10-year 5.25% dollar bonds of state-owned oil company Petroliam Nasional Bhd -. Among Malaysia' s most liquid notes - has risen 11 basis points this week to the highest since March. " We' re especially worried about Malaysia as its currency faces the most stress after the yuan devaluation," said Gordon Tsui, the head of fixed income at Taikang Asset Management (Hong Kong) Co. " Many Asian funds hold the country' s benchmark bonds such as Petronas. And the bad performance in those bonds shows investors are exiting the market. " The impact is being felt in stock markets too, with emerging-market shares sinking to the lowest level since 2011, extending declines in a bear market. Some of the region' s currencies have started to recover, and PBOC Assistant Governor Zhang Xiaohui said at a rare briefing on the currency in Beijing Thursday that there' s no basis for the depreciation to persist. The adjustment spurred by Tuesday' s change to how the PBOC determines the yuan' s daily reference rate is basically already completed, she said. " At the moment I still do not think it' s a headache," Aviva Investors' Jagger said. " But the pips are starting to squeak in various parts of the region." |
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Demostation
Supreme |
13-Aug-2015 17:19
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These past two weeks, who could really sleep well? Lol.
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risktaker
Supreme |
13-Aug-2015 17:18
Yells: "Posts are opinions. Do not take it as investment advise " |
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today can sleep well with long position... | ||||
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Peter_Pan
Supreme |
13-Aug-2015 16:44
Yells: "kopi-o siu dai mai hum!" |
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next month is the month to watch... |
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FATABA
Supreme |
13-Aug-2015 16:19
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Yes SH closed positive and most likely HK is going to . STI up aro 35 points and it has stuck aro this region the whole day./ 3100 level. Mainly pull up by the banks amd some blue chips after yesterday slashing. However, China down its currency again today but market didnt react much to it. Tmr is Firday ....wonder if STI can keep its gain ?
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RoundRound
Elite |
13-Aug-2015 15:27
Yells: "Tikam Tikam can also" |
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More importantly, Shanghai's SSE is up 1.76% or around 68 points today from a loss of over 1% in the day.
And our STi today holding up quite well above 30 points for most of the day. Different from previous sessions where afternoon is a sell-down. Let's see if European funds will enter these still open markets here to pick up shares |
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risktaker
Supreme |
13-Aug-2015 15:19
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0 Alert Admin |
US futures climbing... tmr STi rebound day 2.... | ||||
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risktaker
Supreme |
13-Aug-2015 14:33
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0 Alert Admin |
冲 啊 。 。 。 。 。 發 啊 。 。 。 。 | ||||
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WanSiTong
Supreme |
13-Aug-2015 13:10
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Noon Market Singapore stocks in positive territoryAugust 13, 2015 : 1:04 PM Singapore equities registered gains at midday, in line with advances among most other Asian bourses. The yuan, which depreciated sharply after the People' s Bank of China trimmed its daily reference rate, pared losses after the central bank stepped up verbal support for the currency. The Nikkei 225 and KOSPI Indices rose around 0.7%, while Hang Seng Index inched up 0.3%. However, the Shanghai and Shenzhen Composite Indices both dipped about 0.6%. At 12.21pm., the Straits Times Index (STI) was up 1.14% to 3,096.39. Market breadth was positive. Excluding warrants, gainers outnumber decliners 218 to 158. The Straits Times Index traded between 3,063.60 and 3,103.49, after opening 0.24% higher at 3,068.91. A total of 745.3 million shares worth $750.5 million changed hands, giving an average price of about $1.01 for the entire market. The Stratech Group, Noble Group , Adventus Holdings, YuuZoo Corporation , and International Healthway Corporation were among the most actively traded counters. Among the gainers, YuuZoo Corporation jumped 7% to 18.8 cents. The social e-commerce company reported a 73% growth in 1H2015 revenue to US$ 17.6 million ($24.5 million), bolstered by the sale of franchise licenses and the launch of franchise operations . Q& M Dental leapt 5% to 76.5 cents. The private dental healthcare provider tripled its earnings to $3.7 million in 2QFY2015, as compared to $1.2 million in the same quarter a year ago. Singtel rose 3% to $4.02. The telco posted a 13% increase in 1Q earnings to $941.6 million from a year ago, underpinned by divestment gains from venture investments and Airtel Africa' s tower assets. Golden Agri-Resources gained 3% to 31.5 cents. The oil palm plantation company' s 2Q earnings more than doubled to US$39 million ($54.6 million), spurred by higher plantation output and improved palm downstream operations. Revenue rose 18% to US$1.8 billion during the quarter, thanks to stronger sales volumes. Companies that went ex-dividend on Thursday include CEI Contract Manufacturing, Sembcorp Marine , Soilbuild Construction Group, StarHub , and United Overseas Insurance . |
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WanSiTong
Supreme |
13-Aug-2015 12:52
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Highlight DBS sees benefits as yuan devaluation weakens Singapore dollarSINGAPORE (Aug 13): DBS Group Holdings , which led a drop in the shares of Singaporean banks after the yuan' s devaluation, said it stands to benefit from weakness in the Singapore dollar, which fell in tandem with the Chinese currency. A lower local currency could support domestic interest rates tied to lending, bolstering earnings, Chng Sok Hui, chief financial officer at Singapore' s biggest bank, said Wednesday in an e-mailed reply to questions. The yuan recorded its biggest two-day slump in 21 years amid concerns of a further economic slowdown in Asia' s biggest economy, where Singapore banks including DBS have expanded business. Singapore' s dollar is tumbling at the fastest pace since 2001 as traders use it as a proxy for less-liquid currencies in Southeast Asia. " Negative sentiments" regarding the impact of a China slowdown on Singaporean bank earnings are " overdone," Kevin Kwek, an analyst at Sanford C. Bernstein in Singapore, wrote in a report Thursday. " Further weakness on the Singapore dollar should have been expected and poses offsetting implications. " Singapore bank shares rebounded Thursday. DBS rose 1.9% at 9:38 am Thursday local time after plunging 5.5% Wednesday, the most since October 2011. Closest rival Oversea-Chinese Banking Corp. gained 1.9% after slumping 5.8%. United Overseas Bank (Financial Dashboard) climbed 1.7%. The benchmark Straits Times Index rose 0.8%. Singapore Rates For DBS, the " positive translation effects" of appreciating US and Hong Kong dollars against Singapore' s currency " will more than outweigh the negative impact of a depreciating renminbi," Chng said. " A weaker Singapore dollar could also be supportive of Sibor and swap- offer rates, which will be beneficial to earnings. " Singapore currency' s fell to a five-year low of $ 1.4165 against the US dollar on Wednesday. The three-month Singapore interbank offered rate rose as much as 5.5 basis points, the biggest increase since Jan 5, to 0.9345%. Sibor has climbed this year , boosting net interest margins for the city' s banks in the first half. The Singapore dollar rose 0.3% to $ 1.3952 at 9:25 am local time Thursday after China' s yuan reference rate fell for a third day, widening the scope for declines in the currency after Tuesday' s devaluation. Help Loans Chng also said that the yuan' s depreciation " will have some small translation impact" on the bank' s earnings in China. At the same time, it " may lead to a pickup in China exports, and this could be helpful to loan growth," she added ʱ ?? DBS and its local peers are expanding in China. It took over Royal Bank of Scotland Group Plc' s retail and commercial banking customers in the country in a deal agreed in December 2010. The Singaporean lender now has more than 100 branches in Hong Kong, China and Taiwan. Most of DBS' s revenue from Greater China comes from Hong Kong. Excluding the territory, the region made up 6% of DBS' s pretax profit in the first half. |
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risktaker
Supreme |
13-Aug-2015 10:02
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
go long dow futures... will be good show tonight
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Berani
Elite |
13-Aug-2015 10:00
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aiyo... 2016 still far. la.. lets dance now
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risktaker
Supreme |
13-Aug-2015 09:59
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
done for the day....放 工
good luck guys... |
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fernvale
Master |
13-Aug-2015 09:54
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Sg standard down 3%, up 1%. Blue chip up, rest struggling | ||||
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WanSiTong
Supreme |
13-Aug-2015 09:01
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Stocks To Watch Singtel, CDL, Golden Agri, Banyan Tree, UOL, Q& M DentalAugust 13, 2015 : 8:55 AM Here are some stocks that could move the Singapore market this morning: City Developments posted a 3.2% drop in 2Q earnings to $ 133.5 million, or 14 cents per share, from $ 137.9 million last year. Revenue for the three months to June came in 4.2% lower at $ 824.9 million versus $ 861.1 million. CDL shares closed 3.5% lower at $ 8.80 on Wednesday. Singapore Telecommunications posted a 13% rise in 2Q earnings to $ 941.6 million from a year ago. The bottom line was bolstered in part by a net exceptional gain of $ 47 million, with divestment gains from venture investments and Airtel Africa' s tower assets. Singtel closed 2.5% lower at $ 3.89 on Wednesday. Golden Agri-Resources saw its 2Q earnings more than doubled to US $ 39 million ($ 54.6 million), supported by higher plantation output and improved palm downstream operations. Revenue rose 18% for the quarter to US $ 1.8 billion on the back of stronger sales volumes. Golden Agri closed 4.7% lower at 30.5 cents on Wednesday. Banyan Tree, the operator of luxury resorts, reported a larger 2Q loss of $ 7.3 million compared to $ 3.5 million a year ago. While 2Q revenue was stable at $ 68.3 million, operating profit decreased 22% to $ 3.3 million. Banyan Tree closed 1% lower at 48.5 cents on Wednesday. Private dental healthcare provider Q & M Dental posted earnings of $ 3.7 million in 2QFY2015, treble the $ 1.2 million in the year-earlier period. Q & M Dental' s shares closed 3.3% lower at 73 cents. UOL Group , the property development and investment company, posted a 28% decline in 2Q earnings to $ 152.5 million, on the back of lower fair value gains on investment properties. UOL Group shares closed 2.6% lower at $ 6.47. US stocks ended little changed overnight as energy shares and Apple bounced back, offsetting continued concerns about a slowdown in China. The Dow Jones industrial average fell 0.33 points to 17,402.51, the S & P 500 gained 1.98 points, or 0.1%, to 2,086.05 and the Nasdaq Composite added 7.60 points, or 0.15%, to 5,044.39. On Wednesday, the Singapore market posted its biggest decline in almost four years, after the People' s Bank of China trimmed its daily reference rate for the yuan by 1.9%, which led to a sell-off in regional currencies and stocks. The Straits Times Index ended the day 2.9% lower at 3,061.49, after trading between 3,057.62 and 3,100.85. Decliners outnumbered gainers 432 to 96. A total of 1.76 billion shares worth $ 2.15 billion changed hands. |
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risktaker
Supreme |
13-Aug-2015 08:18
Yells: "Posts are opinions. Do not take it as investment advise " |
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ya for now.... 2016 will be very bad... but there will be the last stage rally this year end.... then 2016 will be terrible...
我 不 是 马 后 炮 的 。 。 。 the worst will come in 2016.... hehe 2015 will be fine
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Berani
Elite |
13-Aug-2015 07:54
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worse is o ver... cheers !
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