Latest Forum Topics / SGX Last:12.72 -0.12 | Post Reply |
SGX
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millionodyssey
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23-Oct-2008 17:15
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What do you think is the bottoming price of this stock? Im thinking of entering at $4.50 and holding it for the long term. My personal finance blog |
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AK_Francis
Supreme |
22-Oct-2008 23:45
Yells: "Happy go lucky, cheers." |
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IP, glad u sensed it. cheers.
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iPunter
Supreme |
22-Oct-2008 19:02
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Yes you are right... it will be over, but may not be soon...This is a big one, and such a big one that all the world's central banks are chipping in to support it... However, support is one thing, but i think economics is economics... Let's see how the markets develope naturally, But i wouldn't bet my money on no good market fundamentals. (One should only bet on good fundamentals)... |
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lookcc
Master |
22-Oct-2008 18:31
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u r right, absolutely.
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edfinity
Member |
22-Oct-2008 18:28
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Understandably, we shall all wait n see.. suppose 4.00-4.50 is good buy liao | ||
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AK_Francis
Supreme |
22-Oct-2008 15:28
Yells: "Happy go lucky, cheers." |
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just bless that this $ tsunami is like the former water tsunami, help fr all over the world to make the calamitous situation back to normal, of course with time. | ||
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HLJHLJ
Veteran |
22-Oct-2008 13:14
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Truely agreed! This is a Tsunami! Everyone is caught by surprise its scale.
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leechongpeng
Senior |
22-Oct-2008 11:56
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I am hoping too that our people will support our own market. Even oGIC support foreign bank. How to cheers up?
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iPunter
Supreme |
22-Oct-2008 11:52
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This is no smallish Asian financial crisis... |
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AK_Francis
Supreme |
22-Oct-2008 10:28
Yells: "Happy go lucky, cheers." |
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Frankly, if SGX down below 2.00, means STI market is dead. Gut feeling with Spore economically strong hold, it will not likely to happen. We whole heartedly trusted people on top will police the situation and control it with ways and means. Just like the 97's financial crisis, we had gone thro' the pain, though we faded but we didn't die. Folks cheers up man. |
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iPunter
Supreme |
22-Oct-2008 09:43
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That price, though virtually possible, is a bit far-out at the moment...
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ilovebull
Member |
22-Oct-2008 08:55
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wow, $1.50 ? Anyway, it is still possible as nothing is impossible if the market continue to be bad for prolong period... | ||
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dcang84
Veteran |
22-Oct-2008 08:48
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Looking at 'lelong' price of $1.50. | ||
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ilovebull
Member |
22-Oct-2008 08:27
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I am waiting for $4 and below to enter.... | ||
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lookcc
Master |
21-Oct-2008 23:08
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yup, hope to but at 4.50 or maybe 4.00
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yipyip
Master |
21-Oct-2008 22:56
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DBS Group Research, Oct 16 SINGAPORE Exchange's (SGX) Q1 FY2009 net profit was in line with our expectations but marginally below consensus. Net profit of $84 million was lower by 35 per cent y-o-y and 7 per cent q-o-q due to the softer equities market. Average daily trading volumes and values for the securities market stood at 820 million and $1.3 billion respectively for Q1 FY2009. We did see trading volumes and values pick up in the first two weeks of October. Given the softness in equities coupled with continued uncertainties in the financial markets, we maintain our 'sell' recommendation and TP of $4.80 based on 15.5 times FY2009 EPS. Our target PE multiple is derived based on a correlation relationship with market velocity, similar to our valuation methodology for the Hong Kong Stock Exchange. Our target PE of 15.5 times is just above mid-cycle PE of 14.5 times during the last seven years. Our bear-case scenario assumes that average volume drops below 900 million (value below $855 million), hence fair value could decline to $3.75. SELL |
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AK_Francis
Supreme |
17-Oct-2008 00:50
Yells: "Happy go lucky, cheers." |
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There was reason why analyst graded its TP as low as 4.70 last few weeks. AK gut feeling, it may come true for weeks to come, if the global financial crisis still at risk. | ||
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singaporegal
Supreme |
16-Oct-2008 21:16
Yells: "Female TA nut" |
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Check out SGX's price chart over the last few days. It clearly reflects fear and greed at work! The price movement is so volatile and the range is from $5 to $6.26! That's crazy.... |
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AK_Francis
Supreme |
16-Oct-2008 17:56
Yells: "Happy go lucky, cheers." |
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3.5 cts interim div as compared its FY07 of 29 cts, its negligible loh. dun crack the head to chase after it liao. but just put a remarks if u happen to track this counter. AK is tracking it. | ||
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ilovebull
Member |
16-Oct-2008 17:50
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Please do consider if you are buying the counter because of "CD". The share price will usually drop by the dividend sum immediately after ex D. | ||
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