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Taking a beating today.... down to 0.50 cents...
0.62? ... moving up?
superlegend ( Date: 02-Aug-2021 13:50) Posted:
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Singapore has been weaving in and out of heightened alert across the month due to the rise in COVID cases in the middle of the month. Lots of disappointments across the nation have been raised especially from the F& B sectors.
Stocks were however not as negative as some of the indexes such as Dow Jones, clinching all-time highs. We have found 7 stocks listed on the SGX for you to take note for the month of August.
https://www.smallcapasia.com/sg-7-interesting-stock-ideas-for-august-2021/
Stocks were however not as negative as some of the indexes such as Dow Jones, clinching all-time highs. We have found 7 stocks listed on the SGX for you to take note for the month of August.
https://www.smallcapasia.com/sg-7-interesting-stock-ideas-for-august-2021/
Bloody hell everyday heavy selling
Phillip raises Fortress Minerals TP to 81 cents amid strong iron ore prices
While maintaining a &ldquo buy&rdquo rating for Fortress Minerals, Phillip Securities has raised its target price for the iron ore mining company to 81 cents from 64 cents previously.
This comes after Fortress posted a stellar set of results for 1QFY2022 ended May 31.
According to Phillip, the company is expected outperform ahead amid strong iron ore prices and favourable demand and supply dynamics.
The brokerage has raised its FY2022 earnings forecast for the company by 41%.
Citing figures from the World Steel Association, Phillip notes that global steel demand will grow 5.8% in 2021 to 1.87 billion tonnes, after dipping 0.2% in 2020.
Global steel demand will further grow 2.7% to 1.92 billion tonnes in 2022, it adds.
On the other hand, global iron-ore supply is facing uncertainties.
Major Brazilian iron-ore producer, Vale, recorded a q-o-q decline in iron ore sales of 28.4%, due to operational issues and maintenance at its S11D mine.
As such, Phillip has now raised its average selling prices forecast by 37% to US$140 per dry metric tonne.
Fortunately for Fortress, the company&rsquo s mining operations are gradually reopening despite the Covid-19 restrictive measures imposed by the Malaysian government.
Certain states, such as Terengganu and Pahang where the company&rsquo s mines are located, have moved to Phase 2 of a 4-phase National Recovery Plan.
Phillip points out that the company&rsquo s Bukit Besi mine has gradually returned to &ldquo normalcy&rdquo , after resuming at an approved worker capacity of 80% on July 5.
&ldquo Catalysts are expected from an increase in production and strong iron-ore prices,&rdquo Phillip analyst Vivian Ye writes in a note dated July 16.
Oh too late, U-turn too fast before can grab low
7ocean ( Date: 25-May-2021 15:14) Posted:
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Hoot down 10%...
7ocean ( Date: 25-May-2021 15:14) Posted:
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43 cents is good time to pick
Sibehboeng ( Date: 25-May-2021 14:08) Posted:
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Continue dropping, when is good time to pick durians?
Huge dip today...
SgYuan ( Date: 17-May-2021 20:47) Posted:
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sorry write wrong
w4 655 not 695
px hit 655 now
if hold w5 start and is w5 ext ew
w4 655 not 695
px hit 655 now
if hold w5 start and is w5 ext ew
SgYuan ( Date: 14-May-2021 16:25) Posted:
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Sorry my TA is trash so I need some help. Supports are at 0.7, 0.6 and 0.545?
nice w4 690 hit 695 and recovered
Still trade with caution and within your means.
China have controlled the price as it was sky rocketing high.
I too hope it will fly but DYODD to all!
China have controlled the price as it was sky rocketing high.
I too hope it will fly but DYODD to all!
Tomorrow will break new high above 0.90
fighting ( Date: 11-May-2021 10:18) Posted:
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Fortress going the same direction as southern alliance
breakout $1 anytime
Friday let the engine start for a good next week
will fly very fast like southern once hit past $1
congrats to those who been holding till now
breakout $1 anytime
Friday let the engine start for a good next week
will fly very fast like southern once hit past $1
congrats to those who been holding till now
MBULLISH ( Date: 26-Apr-2021 10:02) Posted:
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now wb up 835
px hit high 805
if px didn' t flow like this
then wc will be deeper
px hit high 805
if px didn' t flow like this
then wc will be deeper
w3 hit 890
fib 388.6% 895
1h conversion 815 broken
px hit low 750
w4 655
day conversion 695
fib 388.6% 895
1h conversion 815 broken
px hit low 750
w4 655
day conversion 695
China is controlling the iron ore pricing. So, this will cause buyers to panic.
https://www.mining.com/china-moves-to-cool-rally-as-iron-ore-price-explodes/
https://www.mining.com/china-moves-to-cool-rally-as-iron-ore-price-explodes/
Yesterday futures up 10%
Now down 4%
Now down 4%
| Products | Last Price (Change/%) | Volume |
|---|---|---|
| SGX TSI Iron Ore CFR China (62% FE Fines) Index Futures Contract Jun 21 | 213.40 (-9.00/-4.05%) |
6,358 |