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Stocks finished the week with gains on Friday, and investors are cautiously optimistic that this year's rally still has legs.

The Dow Jones industrial average, the S& P 500 and the Nasdaq all rose slightly.

For the week, the Dow and the S& P 500 ended up a bit, while the Nasdaq posted a small loss.

Stocks are coming off a strong month. The S& P 500 gained 5% in October, a significant jump considering the government was shut down for more than two weeks. The Dow and S& P 500 are both hovering near record highs.

If history is any guide, the good times should keep on rolling. The S& P 500 has gained in November more than 60% of the time over the past 30 years, according to Schaeffer's Investment Research.

Ryan Detrick, senior technical analyst Schaeffer's, said November and December have been even stronger in years when stocks have rallied during the first quarter. The theory is that investors who missed the early gains try to make up for it in the final months of the year, he said.

" We expect to see aggressive buyers into the end of year on any and all pullbacks," said Detrick.

Even with the S& P 500 up 23% this year, investors continue to pile into stocks.

Investors poured more than $10 billion into equity funds during the six day period ending Oct. 29, according to data from EPFR Global.

The Fed's bond buying program has been a major catalyst of the bull market over the past few years. While the central bank is expected to stay on hold into next year, investors have been keeping close tabs on the latest economic data to gauge when the Fed might start to pull back on its stimulus efforts.

There was only one major economic report released Friday. But the news was good. The manufacturing sector continued to expand in October. The ISM index rose to 56.4, up from 56.2 in September and topping forecasts.

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02-Nov-2013 04:58

Straits Times Index / STI to cross 3000 boosted by long-term investors

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World Markets

North and South American markets finished mixed as of the most recent closing prices. The S& P 500 gained 0.29% and the IPC rose 0.10%. The Bovespa lost 0.45%.

North and South American Indexes

Index	Country	Change	% Change	Level	Last Update
Dow Jones Industrial Average	United States	+69.80	+0.45%	15,615.55	4:39pm ET
S& P 500 Index	United States	+5.10	+0.29%	1,761.64	4:39pm ET
Brazil Bovespa Stock Index	Brazil	-242.96	-0.45%	54,013.24	3:16pm ET
Canada S& P/TSX 60	Canada	-0.48	-0.06%	766.99	4:20pm ET
Santiago Index IPSA	Chile	+40.97	+1.06%	3,321.27	Oct 30
IPC	Mexico	+40.96	+0.10%	41,079.61	4:06pm ET

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01-Nov-2013 17:38

ESR-LOGOS REIT / Cambridge Ind Trust Results Announcement

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Cambridge Industrial Trust - It?s all about debt

Written By Stock Fanatic on Friday, November 1, 2013

Proactive capital and risk management has allowed CIT to be in a stronger position than before. Given its robust balance sheet, we believe CIT is well positioned to make acquisitions when the opportunity arises while continuing to grow through AEIs.

3Q13 results were largely in line with our and consensus estimates. 3Q13 DPU accounted for 24% of our FY13 forecast, with 9M13 DPU meeting 72%. We tweak our model to account for the slightly weaker than expected results and roll over our valuations to FY15. In view of the strong balance sheet, we upgrade our rating from Neutral to Outperform with a higher DDM-based (discount rate: 8.3%) target price of S$0.79.

Proactive management

3Q13 DPU was up 3.9% yoy, mainly the result of additional rental income contribution from the four acquisitions completed earlier this year. During this quarter, portfolio occupancy remained high at 97%. Recently, CIT refinanced S$250m of debt facilities maturing in 1H14 and, in the process, lowered the trust?s borrowing cost to c.3.9%. During this process, S$81.3m from the proceeds from various divested properties, including 63 Hillview Avenue, was used to retire part of the S$208m term loan due in 1H14 while the remaining S$100m was refinanced to June 2016.

By doing so, CIT?s gearing was reduced to a healthy 27.9% (vs. 35.8% in 2Q13) with no refinancing needs till 2015.

Capital efficiently used

By retiring some of its debt, we estimate CIT saves c.S$3.3m p.a. in terms of interest expenses. Interestingly, this is more yieldenhancing than owning 63 Hillview, which was only giving a yield of 2.3% vs. the all-in interest cost of c.4.0% CIT was paying. All-in interest cost post re-financing is reduced to 3.9%.

Technical Analysis

Daily Chart

Upgrade to Outperform

Although the acquisition market remains challenging, we believe a strong balance sheet will allow CIT to be well positioned to make any acquisitions/AEIs when opportunity knocks. In addition, the long debt expiry profile, together with c.86% of debt under a fixed rate, will allow it to weather any hikes in interest rates. (Read Report)

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01-Nov-2013 16:38

Shen Yao / ThinkEnv name change to Liongold Corp

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takemenow ( Date: 01-Nov-2013 13:51) Posted:

This one is real solid gold hor. Not fake gold. One must know the difference.

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01-Nov-2013 15:55

Vard / Vard Holdings

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Left right.... left right ! Come on, move forward please !!

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01-Nov-2013 15:50

Vard / Vard Holdings

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0.90 very strong resistance !

novicealexccw ( Date: 01-Nov-2013 15:21) Posted:

0.885 Cleared... waiting for 0.895 now..

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01-Nov-2013 15:28

COSCO SHP SG / CoscoCorp

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Cosco Corporation - Drillship saga's aftermath

Written By Stock Fanatic on Friday, November 1, 2013

? 3Q13 results may reflect reversal and provision for drillship contract termination

? Striving to be the top offshore yard in China

? Earnings recovery to take time

? Maintain HOLD S$0.83 TP

3Q earnings could be swung by drillship provision

We expect Cosco to report a recurring net profit of S$16m in its upcoming 3Q results due on 5th Nov (after market), assuming a forex loss of S$5m resulting from RMB strengthening against USD. However, we reckon earnings could be affected by the potential reversal of profits previously recognised on the project (but likely to be minimal), and adjustment/provision for the termination of drillship contract.

Zooming in on offshore

YTD, Cosco has secured US$2.2bn of new orders, exceeding our expectations of US$2bn. We will fine-tune our order win assumption and earnings post-3Q results. Cosco targets new orders of at least US$2bn a year to replenish its orderbook, of which almost 90% is expected to come from offshore projects. Besides the key Nantong and Qidong yards which handle more sophisticated offshore projects, the other three yards, i.e. Dalian, Zhousan and Guangzhjou have also scaled their uptake on offshore projects, especially offshore support vessels (OSVs).

That said, Cosco is transforming into an offshore-focused Group in the long run.

Intra Day

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Technical Analysis

Daily Chart

Maintain HOLD TP S$0.83, pegged to 1.4x FY14 P/BV

While we are optimistic that Cosco will emerge as a competitive offshore yard in China in another cycle or two as it gains experience in various offshore products, earnings recovery will take time as it moves up the value chain gradually. We prefer Yangzijiang as a purer play to ride the shipbuilding recovery, and Keppel Corp as the global leader in the offshore space. (Read Report)

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01-Nov-2013 08:55

ESR-LOGOS REIT / Cambridge Ind Trust Results Announcement

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Annualised Distribution /Yield (%) : 7.41%

Distribution and Book Closure Date Details

Distribution period : 1 July 2013 to 30 September 2013

Distribution rate " 1.251 cents per unit comprising:

(a) taxable income

(b) capital gains

Books closure date 11 November 2013

Payment date 17 December 2013‐ 1.150 cents per unit(1) ‐ 0.101 cents per unit

Another hen that lays golden eggs !!

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01-Nov-2013 06:16

Vard / Vard Holdings

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01-Nov-2013 06:03

Vard / Vard Holdings

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To correct:

ki" sound No. 4......起 ........... Huat arh......

WanSiTong ( Date: 01-Nov-2013 06:02) Posted:

" ki" sound No. 3......起 ........... Huat arh......

rabbitfoot ( Date: 31-Oct-2013 18:30) Posted:

Kana ai ki leow

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01-Nov-2013 06:02

Vard / Vard Holdings

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" ki" sound No. 3......起 ........... Huat arh......

rabbitfoot ( Date: 31-Oct-2013 18:30) Posted:

Kana ai ki leow

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01-Nov-2013 05:58

Vard / Vard Holdings

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No profit guidance.......... so far so good !! Huat arh...

jamesng ( Date: 31-Oct-2013 22:03) Posted:

The result is good or bad

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01-Nov-2013 05:42

Straits Times Index / STI to cross 3000 boosted by long-term investors

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World Markets

North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 0.15%, while the S& P 500 led the IPC lower. They fell 0.38% and 0.03% respectively.

North and South American Indexes

Index	Country	Change	% Change	Level	Last Update
Dow Jones Industrial Average	United States	-73.01	-0.47%	15,545.75	4:32pm ET
S& P 500 Index	United States	-6.77	-0.38%	1,756.54	4:32pm ET
Brazil Bovespa Stock Index	Brazil	+83.38	+0.15%	54,256.20	3:29pm ET
Canada S& P/TSX 60	Canada	-6.57	-0.85%	767.47	4:20pm ET
Santiago Index IPSA	Chile	+40.97	+1.06%	3,321.27	Oct 30
IPC	Mexico	-11.44	-0.03%	41,038.65	4:06pm ET

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01-Nov-2013 05:41

Straits Times Index / STI to cross 3000 boosted by long-term investors

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U.S. Stocks Fall on Stimulus Speculation Amid Earnings

By Nick Taborek - Nov 1, 2013 5:00 AM GMT+0800

U.S. stocks fell, giving the Standard & Poor?s 500 Index its first two-day slide in three weeks, on speculation the Federal Reserve will scale back stimulus in coming months as investors assessed earnings.

The S& P 500 dropped 0.4 percent to 1,756.54 at 4 p.m. in New York, after fluctuating between gains and losses during the day. The Dow Jones Industrial Average fell 73.01 points, or 0.5 percent, to 15,545.75. About 7.2 billion shares changed hands on U.S. exchanges, 21 percent above the three-month average.

?The market is re-rating expectations to maybe earlier Fed tapering than consensus,? Andres Garcia-Amaya, New York-based global market strategist at JPMorgan Chase & Co.?s mutual funds unit, said in a phone interview today. His firm oversees $400 billion. ?The Fed was a little bit more hawkish than people expected, not a lot, but incrementally more hawkish.?

The S& P 500 (SPX) fell 0.5 percent from a record yesterday, halting four days of gains, as the Fed fueled bets it may begin to cut stimulus in the coming months. The central bank maintained $85 billion in monthly bond purchases, saying that while the economy shows signs of ?underlying strength? it needs to see more evidence of sustainable improvement.

Taper Timing

Economists at Citigroup Inc. and Barclays Plc said yesterday?s Fed policy statement opens the possibility of reduced bond purchases as soon as December. The odds of a taper in January rose to 45 percent, from 25 percent before the decision, according to Citigroup. Economists surveyed by Bloomberg Oct. 17-18 had predicted the Fed would begin paring stimulus in March.

?We don?t expect anything really before the March time frame,? David Roda, the Miami-based regional chief investment officer for Wells Fargo Private Bank, said in a phone interview. His firm manages $170 billion. ?Even though the jobs data is slowly improving, the pace of improvement has slowed and the quality of job growth is certainly not that great.?

Economic Data

Fed stimulus has helped propel the S& P 500 higher by more than 160 percent from a 12-year low in 2009. The gauge surged 4.5 percent in October, for the biggest monthly gain since July, as lawmakers ended a 16-day government shutdown and agreed to extend the U.S. borrowing authority, avoiding a possible debt default.

Stocks slumped earlier today after a report showed business activity in the U.S. expanded in October as orders and production surged. The MNI Chicago Report business barometer jumped to 65.9 from 55.7 in September, the biggest monthly increase in more than three decades. Readings above 50 signal expansion.

Separate data showed fewer Americans filed applications for unemployment benefits last week as a backlog in California?s reporting cleared.

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01-Nov-2013 05:39

Straits Times Index / STI to cross 3000 boosted by long-term investors

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U.S. Stocks Fall on Stimulus Speculation Amid Earnings By Nick Taborek - Nov 1, 2013 5:00 AM GMT+0800 U.S. stocks fell, giving the Standard & Poor?s 500 Index its first two-day slide in three weeks, on speculation the Federal Reserve will scale back stimulus in coming months as investors assessed earnings. The S&P 500 dropped 0.4 percent to 1,756.54 at 4 p.m. in New York, after fluctuating between gains and losses during the day. The Dow Jones Industrial Average fell 73.01 points, or 0.5 percent, to 15,545.75. About 7.2 billion shares changed hands on U.S. exchanges, 21 percent above the three-month average. ?The market is re-rating expectations to maybe earlier Fed tapering than consensus,? Andres Garcia-Amaya, New York-based global market strategist at JPMorgan Chase & Co.?s mutual funds unit, said in a phone interview today. His firm oversees $400 billion. ?The Fed was a little bit more hawkish than people expected, not a lot, but incrementally more hawkish.? The S&P 500 (SPX) fell 0.5 percent from a record yesterday, halting four days of gains, as the Fed fueled bets it may begin to cut stimulus in the coming months. The central bank maintained $85 billion in monthly bond purchases, saying that while the economy shows signs of ?underlying strength? it needs to see more evidence of sustainable improvement. Taper Timing Economists at Citigroup Inc. and Barclays Plc said yesterday?s Fed policy statement opens the possibility of reduced bond purchases as soon as December. The odds of a taper in January rose to 45 percent, from 25 percent before the decision, according to Citigroup. Economists surveyed by Bloomberg Oct. 17-18 had predicted the Fed would begin paring stimulus in March. ?We don?t expect anything really before the March time frame,? David Roda, the Miami-based regional chief investment officer for Wells Fargo Private Bank, said in a phone interview. His firm manages $170 billion. ?Even though the jobs data is slowly improving, the pace of improvement has slowed and the quality of job growth is certainly not that great.? Economic Data Fed stimulus has helped propel the S&P 500 higher by more than 160 percent from a 12-year low in 2009. The gauge surged 4.5 percent in October, for the biggest monthly gain since July, as lawmakers ended a 16-day government shutdown and agreed to extend the U.S. borrowing authority, avoiding a possible debt default. Stocks slumped earlier today after a report showed business activity in the U.S. expanded in October as orders and production surged. The MNI Chicago Report business barometer jumped to 65.9 from 55.7 in September, the biggest monthly increase in more than three decades. Readings above 50 signal expansion. Separate data showed fewer Americans filed applications for unemployment benefits last week as a backlog in California?s reporting cleared.

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31-Oct-2013 21:22

Shen Yao / ThinkEnv name change to Liongold Corp

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Net profit for 1Q ended 30.6.13 : $ 2.585m VS Loss of $ 5.14m same period last year

Rosesyrup ( Date: 31-Oct-2013 19:19) Posted:

Erm, previous quarter not too good right?

edwinjup ( Date: 31-Oct-2013 18:53) Posted:

I dont think I wan to lock in profit so soon...result.may out on 12nov...based on past report ...it should be o

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31-Oct-2013 20:19

Shen Yao / ThinkEnv name change to Liongold Corp

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Highlights:
 Exploration drilling by LionGold?s 77% owned subsidiary, Signature Metals Limited, successfully identified a 200m extension of gold mineralisation at the Obenemase Deposit in Ghana
 Diamond drilling returned excellent results with multiple thick high-grade gold mineralised intersections


Excellent progress was achieved in the first stage of the Scoping Study that is assessing the potential for underground mining of the Obenemase Deposit and several other nearby deposits

Peter_Pan ( Date: 31-Oct-2013 17:58) Posted:

Media Release - Signature Metals Q2FY2014 Update: Drilling program successfully identifies substantial extension to gold deposit

http://infopub.sgx.com/FileOpen/MR_131031_Signature_Metals_Q2FY2014_update.ashx?App=Announcement&FileID=262051

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31-Oct-2013 17:21

Others / What?s Happened to Blumont, Asiasons and LionGold

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KeKe.. cheap cheap.... 0.190

Rosesyrup ( Date: 31-Oct-2013 17:17) Posted:

Ok you win, your one more powerful. How much did you vest into this one?

WanSiTong ( Date: 31-Oct-2013 17:16) Posted:

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