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DBS
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hlfoo2010
Master |
26-Mar-2020 09:59
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Hope WSj, SOOCIAL MEDIA OR entrepreneur OR eX POLITICIAN LET THE YOUNG MP DO THRIR JOBS TO PROTECT S$ AND CPF money and solve long term problems. Singaporeans need real cash to have more money in their pockets must through hard work earn for it through saving wishly spending. But one of the most important issue now is Singapore must take more aggressive action government attention to solve and support the youngs problems To get marriage , do not postphone , delay or cancel . I understand many get stuck in the marriage booking of hotel dinner or cancell the booking pay for $$$$$$$$$$$$$$$$ price . THey are in the loss due to Coronavirus govenment rules NS boys 18 later will have problem, and many many policy will be affecting. Many parents may loss their chance to see their grandkids ????? Coronavirus: Singapore must take aggressive action to support its economy - and its people |
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NewBirdLeaning
Senior |
26-Mar-2020 09:49
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bro wb up 1872 1915? then wc?
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ruready
Supreme |
26-Mar-2020 09:43
Yells: "Follow the micro penny , May be this is the last train" |
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Ah gong buying will be in smart ways, they must wait for S, than can play with them, don't forget announce later part of games | ||||
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chanbs
Elite |
26-Mar-2020 09:41
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VERY RiSky to short always
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ruready
Supreme |
26-Mar-2020 09:40
Yells: "Follow the micro penny , May be this is the last train" |
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Ah Kong | ||||
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SgYuan
Supreme |
26-Mar-2020 09:34
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5min chart break dn lao
in wabc now hope it swing on 15m chart wa dn 1944 1872 wb up 1972 ?1913 - mid bollinger
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Joelton
Supreme |
26-Mar-2020 09:32
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DBS downgrades mm2 Asia as Singapore shutters cinemas to curb Covid-19
Amala Balakrishner 25/03/2020, 3:06pm SINGAPORE (Mar 25): DBS Group Research is downgrading its call on mm2 Asia to &ldquo fully valued&rdquo from &ldquo hold&rdquo , while reducing its target price to 10.7 cents from 30 cents previously. The revised rating sees DBS expecting mm2 to yield a negative total return of more than 10% over the next 12 months. This comes after the government on Tuesday announced that all entertainment venues, including cinemas, will be closed from March 26 to April 30 to contain the spread of the coronavirus. With the filmmaker already reeling from lower demand in China, DBS analyst Ling Lee Keng believes this could further aggravate mm2 Asia&rsquo s near-term outlook. The group has a presence in countries including China, Hong Kong, Taiwan, Singapore and Malaysia. In Malaysia, mm2 is the fourth largest cinema player with a total of 18 cinemas. The group has also acquired all eight Cathay cinemas in Singapore. On top of the lockdown in Malaysia and the latest measures in Singapore, the cinema business is also expected to be hit by the postponement of scheduled Hollywood mega-movie releases, Ling notes. &ldquo We expect cinemas to continue to adhere to the social distancing regulation even upon lifting of the temporary closure measure. Cinemas would need to have alternate seat arrangements, which implies a 50% cut in available seats,&rdquo she says. Meanwhile, mm2 is expected to be impacted by 39%-owned concert and events producer UnUsUaL. &ldquo UnUsUaL has postponed all scheduled concerts due to the clampdown of large-scale gatherings in most or all its target countries,&rdquo says Ling. She adds that the company has also cut its discretionary spending and reduced payrolls by 10-20% to cope with the slowdown in its earnings. Accounting for the worsening impact from Covid-19, especially in regions outside China, Ling has slashed mm2&rsquo s earnings forecasts for FY2020 ending March and FY2021 by 26% and 90% respectively. &ldquo Our assumptions include gradual improvement in the fight against Covid-19 from 2HFY2021F onwards and a recovery in FY2022F,&rdquo says Ling. &ldquo We also expect the group to benefit from more government support packages to help to cushion the impact.&rdquo While the group nurses a halt in its operations in Singapore and Malaysia, Ling says stabilising conditions in China could see a revival in demand there. However, she warns that the nascent recovery in China could take a turn for the worse as the country tightens its quarantine rules for overseas travelers. On a positive note, she observes that around 80% of mm2&rsquo s current productions has resumed operation in regions not affected by the lockdown. The group has also set its sights on building a library of films and targeting online platforms, similar to streaming service provider Netflix. &ldquo FY2020F could still see an increase in revenue, partly helped by projects completed earlier,&rdquo Ling says. Going forward, though, she opines that funding for projects may not be as readily available amid the weaker global economy. For now, mm2 expects to be cash flow positive, as the collection of trade receivables has not been significantly affected so far. &ldquo However, given the expected prolonged negative impact from Covid-19, we would not rule out the possibility of weakening cashflows,&rdquo Ling says. mm2 in a regulatory filing on Tuesday had announced that it has refinanced its loan facility through a five-year secured loan of $115 million with United Overseas Bank (UOB) on March 21. Ling notes that close to $100 million in debt is due in 2021. &ldquo mm2 moved into a net debt position following the acquisition of Cathay Cineplexes for $230 million in November 2017, that was financed mainly via debt,&rdquo says Ling. &ldquo The high interest expense has affected the bottomline. Going forward, mm2 would have to deleverage in order to boost earnings.&rdquo As at 3.01pm shares in mm2 Asia are trading 13.7% higher, or up 1.7 cents, to 14.1 cents, while shares of UnUsUaL are up 2.6% at 11.9 cents. https://www.theedgesingapore.com/capital/brokers-calls/dbs-downgrades-mm2-asia-singapore-shutters-cinemas-curb-covid-19 |
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Shareskiat89
Elite |
26-Mar-2020 09:04
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why big sell down after opening? |
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TA_Expert
Supreme |
26-Mar-2020 00:48
Yells: "The World has changed" |
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Look at how DBS rallied against the odd within 2 days. This clearly shows that don' t mess around with the bank and Ah Kong as they have billions to fight against the sellers. This explains why the bank can afford to spend more than $400m to fight against the sellers. In this battle, the bank has the last laugh.
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ruready
Supreme |
26-Mar-2020 00:29
Yells: "Follow the micro penny , May be this is the last train" |
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Tmr follow ah gong buy small small, don't forget our fm heng announcement, may be he will stand with pm, president and Parliament chief, give us a surprise | ||||
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SgYuan
Supreme |
25-Mar-2020 21:59
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fake or not i cant tell
i base on trend
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SgYuan
Supreme |
25-Mar-2020 21:58
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i understand
but base on month chart it hit bottom it has to rebound how high it goes subjective trend it sure go down further if - world continues lock down nobody know now trend is best friend
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SgYuan
Supreme |
25-Mar-2020 21:52
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understand
the virus still around so just follow the trend up or down
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Shifu8888
Supreme |
25-Mar-2020 21:48
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It is a fake rally. All airlines have no top line sales. Burning cash. No flight oil demand drop. Oil exploration capex drop. Bank activities drop. All domino fall. It will last for a long while. I use my own judgement. Feel free to air yours but of course we have to be responsible.
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Shifu8888
Supreme |
25-Mar-2020 21:45
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The rally is not sustainable. Beware. That is my intention.
https://sg.finance.yahoo.com/news/bank-of-singapore-urging-leveraged-clients-to-sell-in-rally-083459429.html
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SgYuan
Supreme |
25-Mar-2020 21:34
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i flow with the trend | ||||
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SgYuan
Supreme |
25-Mar-2020 21:31
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surprised u trust all this analyst
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Shifu8888
Supreme |
25-Mar-2020 21:28
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SELL on whatever fake Rally. Not just me saying:
The head of Oversea-Chinese Banking Corp. private banking arm said the coronavirus-fueled crisis has yet to peak and leveraged clients should take advantage of market rallies to offload some investments. |
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mchua71
Senior |
25-Mar-2020 20:27
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Moral of the story is " dun be greedy" small profit still better than loss. Learn my lesson in the past. Now play it safe. Very Safe. Anyway, Tuesday Rally followed by big drop happens once too often. i maybe wrong this time but does not matter. Lolz
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SgYuan
Supreme |
25-Mar-2020 18:52
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5min chart ew w3 up 115% is wrong too weak - also w4 point wrong only 5 pips cannot be correction - do in a hurry but also didn' t expect it to be so powerful ew 1855 1888 1870 w3?1945 w4? w1 33 w3 53 tgt 1923 up 161.8% - px hit 1944 delta 74 up 296% - next tgt 300% delta 75 tgt 1945 w4 28 tgt 1917 dn 38.2% of 75 - 5min low bollinger support 1919 (5min bollinger swing point) - 5min baseline support 1928 - these 2 suports cannot break then w5 come If uturn tgt 1917, then - w5 67 tgt 1984 up 61.8% of 108 If uturn baseline 1928, then - w5 67 tgt 1995 up 61.8% of 108 5min chart  This ew is actually w5 ext ew1 of w5 ew1 1764 1824 1803 1898 1855 w5?1952 This ew1 is w5 ext ew2 of w5 ew2 1665 1715 1680 1793 1764 w5?1929 Enjoy the waves
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