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Sembmarine
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krisluke
Supreme |
22-Oct-2011 00:33
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Oil Gain strength, So does dow jones 30... ... Will Retest usd 90.52 ? ?? Who want to hold position over the weekend. |
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alexchia01
Elite |
21-Oct-2011 21:52
Yells: "Catch The Stars And Ride With Them" |
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This is normal. Most chart providers prices are different anyway. These are price adjustment to reflect the true value of the stock price due to corporate actions like dividends, bonus issues, rights issues etc... There is no saying which is accurate and which not because different chart providers have their own way of dealing with this. As long as your chart shows the same pattern as others, they are all usable.
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krisluke
Supreme |
21-Oct-2011 21:50
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[ERROR] 
.... 3rd quarter earning MUST be better than less quarter last instead of less
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krisluke
Supreme |
21-Oct-2011 21:47
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3rd quarter earning MUST be better than less quarter IMPT: For SEMBCORP MARINE IF NOT.... " SEMB CORPSE MAR TEE (die)"
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krisluke
Supreme |
21-Oct-2011 21:40
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No much headlines by brokerage firms All those appeared these few days were old technical analysis methodology... ... Few example to justify my position dmg... upstream news subscriber, soon to replace ocbc as the super SMM optismism cimb... spotted a gap at aound $3.20, so they call for a short and analyse that a rebound will happen thereafter kim eng... bollinger band policeman, never attempt to trade when price exceed upper bollinger band cs... Kanna wrong analysis on bulk container order outlook, so stay low profile for the time being ocbc... no news, but do watch 4th nov 2011 for a detailed analysis conclusion philip... no news, might submit online analysis report after 4th 2011 .... .... there are so good analysis report to track too. 1. UBS 2. RBS Do take note. |
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krisluke
Supreme |
21-Oct-2011 21:24
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chartnexus chart is inaccurate. look at the 52 weeks high... ...
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marubozu1688
Veteran |
21-Oct-2011 15:20
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SembMarine in retracement. http://mystocksinvesting.com/singapore-stocks/sembcorp-marine/sembmarine-trend-reversal/ |
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warrenbegger
Elite |
18-Oct-2011 22:38
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Wa, U mau so big ah? Gratz man :) I don't dare to whack so much, but still manage to squeeze the milk. Cheers!
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krisluke
Supreme |
18-Oct-2011 21:55
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I've not enrty price.... It from my old positions, just buy and sell when the circumstances are right .
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krisluke
Supreme |
18-Oct-2011 21:52
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 Pivot: 19000 Our preference: Short positions below 19000 with targets @ 17200 & 16750 in extension. Alternative scenario: Above 19000 look for further upside with 20000 & 21610 as targets. Comment: the RSI is capped by a declining trend line. Key levels 21610 20000 19000 18076 last 17200 16750 16200 > > > > > The news today was from china, I think it is more appropriate to track hang seng movement against Sembmar. Do note that DMG just finished a * recently in hong kong ... ... See earlier post : )) |
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rotijai
Supreme |
18-Oct-2011 21:50
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master krisluke.. u bought at 3.0+ ?
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krisluke
Supreme |
18-Oct-2011 21:49
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Sembcorp Marine: Subsidiary SMOE Awarded Contract For Module Assembly Of An LNG Facility In Australia.18 Oct 2011 17:50
Sembcorp Marine's wholly-owned subsidiary SMOE has been awarded a contract valued at approximately US$100 million and may potentially increase to be in excess of approximately US$150 million for the module assembly for Australia Pacific LNG's liquefied natural gas facility on Curtis Island, Queensland, Australia. The contract, awarded by Bechtel Overseas, entails the assembly of process and cryogenic pipe-rack modules for the LNG facility. Bechtel and SMOE will form an integrated management team to manage the module assembly program for the Australia Pacific LNG facility, scheduled to be completed in three years...Attachments: > > > > > Do notice the time.... Release after market closed. Let's hope $3.86 will act as a support again :)) |
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krisluke
Supreme |
18-Oct-2011 21:47
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I swing and pocket $55,000 within 10 trading days I stared at $3.86 as the key support and it give way... ... Anyway, there is a good news on SMOE.... AS PREDICATED to $3.86 (support) |
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krisluke
Supreme |
18-Oct-2011 21:44
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SilverThe metal dropped to reach near the main ascending support for the possible triangle formation along with the support of the minor channel, a breakout to the downside may trigger further selloff. However if the potential support area manages to halt the downside move and trading goes back above 32.00 we may witness another upside attempt. The trading range for the day is among the key support at 29.00 and key resistance now at 33.00. The short-term trend is to the downside targeting 26.65 as far as areas of 48.50 remain intact. Support: 31.70, 31.40, 30.75, 30.20, 29.40 Resistance: 32.00, 32.60, 33.00, 33.40, 34.00 Recommendation Based on the charts and explanations above, we recommend selling silver with four-hour closing below 31.25 targeting 30.75 and 29.75, stop loss with hourly closing above 32.00 OR buying silver with hourly closing above 32.00 targeting 32.50 and 33.00 and stop loss hourly closing below 31.50
GoldAfter touching the upper line of Keltner channel, the metal started to move downwards as seen on the provided daily graph. Stochastic gives off a clear negative sign suggesting that the entire correctional movements from 1533.00 might have been limited below the neckline areas of our caught double top pattern. Henceforth, we keep our classical bearish predications intact over intraday basis, supported by the minor rising wedge -continuation pattern- while the secondary four-hour graph shows the solid support areas between 1656.00-1653.00 which should be breached to confirm the negative scenario. Conversely, a daily closing above 1702.00 -neckline- will force us to reconsider our classical overview. The trading range for today is among the key support at 1615.00 and key resistance now at 1728.00. The general trend over the short term basis is to the upside targeting 1945.00 per ounce as far as areas of 1475.00 remain intact with weekly closing. Support: 1665.00, 1653.00, 1648.00, 1635.00, 1615.00 Resistance: 1680.00, 1687.00, 1695.00, 1702.00, 1715.00 Recommendation Based on the charts and explanations above our opinion is, selling gold with a breakout below 1653.00 targeting 1575.00 and stop loss above 1702.00 might be appropriate.
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krisluke
Supreme |
18-Oct-2011 21:41
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Yesterday, gold closed the session in New York with losses after the German Chancellor, Angela Merkel, provided discouraging comments that disappointed all the eyes looking forward to the October 23 summit, which replaced the optimism seen in the market earlier with pessimism as all thought that European leaders will finally fix the debt crisis once and for all, and investors expected leaders to provide the market with a final plan to tackle and contain the crisis. Gold opened the session in Asia at $1670.42 an ounce, and recorded a high of $1676.65 and a low of $1661.90, and is trading now around $1665.36 an ounce. Merkel’s chief spokesman said that the European leaders will not be able to provide final solution at the October 23 summit and searching for an appropriate plan to end the crisis could take lawmakers more time as Merkel said that it will “surely extends well into next year.” After providing these comments the euro reversed to the downside against the U.S. dollar, which inclined sharply as investors demanded the low yielding currency to avert risk, which in turn pressured the shiny metal to the downside. Moreover, gold is expected to extend the downside movement today as the dollar could gain positive momentum especially after the Chinese economy grew at a slower pace and less than expected, raising fears that China could also follow the rest of major economies and could slow down further in the coming period. We can notice that gold is loosing demand as a safe haven, while the dollar gains the most in the time fears and jitters controls the market, affected by the act of CME and Shanghai Exchange which raised margin requirements on gold futures in attempts to control the rapid incline seen at the beginning of September, where the groups were able to control the bullishness however affected gold’s appeal as a haven. The U.S. dollar index (USDIX) at 77.18, and recorded a high of 77.30 and a low of 76.94, and is currently hovering around 77.03. Inflation and confidence data are expected from the United Kingdom and the euro area later today, which could affect the sentiment in the European session however, higher inflation level will not have a deep impact on the market, because the Bank of England expected that inflation could reach 5% this year, where the data is already known and priced in the market, yet a better than expected figures could spread some optimism in the market. Eyes will also be on the confidence figures from the euro area and Germany, where the October Zew survey for economic sentiment and the current situation are expected today, with hopes to see some improvement in Europe and Germany, especially after the debt crisis raised fears and panic over the past two years, which pressured confidence to the lowest levels and caused losses across the board. |
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krisluke
Supreme |
18-Oct-2011 21:40
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Crude oil declines after slowing Chinese growth Crude oil is moving lower for the second consecutive day affected by pessimistic from China today that showed a slower pace of growth in the third quarter, which would affect the global recovery since China is the world’s second largest economy and it has a main role in the global recovery. Crude oil futures for November settlement opened the session at $86.27 a barrel, and recorded the highest at $86.63 and the lowest at $85.53, and are trading now around $85.96 a barrel. Also, the German comments yesterday damped investors’ hopes that Europe could find a plan to solve its debt crisis, as Germany said that EU leaders will fail to meet market expectations and other leaders’ calls to declare a comprehensive plan and measures that would solve the debt crisis and protect Greece from default. Hopes around the globe appeared since the beginning of this week that European leaders would find a way to contain the crisis and prevent it from spreading, especially after G-20 finance chiefs gave EU leaders a deadline till the October 23 crisis summit to bring forward an effective plan to contain the crisis, which made investors a little optimistic over the outlook for the continent. China has a major role in the global pace of recovery as it considered the world’s second largest economy, and has the biggest share in the world’s exports, and a slower than expected pace of growth is considered a big hit for the global economy, as it recorded 9.1% annual expansion during 3Q compared slowing from the previous 9.5%. In addition to that, China is the second biggest oil consumer and a deteriorating economy would absolutely affect demand on crude oil negatively, which addes more negative pressure on oil and drive it to the downside along with German comments that damped hopes in Europe. On the other hand, one of the major factors that affected crude yesterday is the rise in the U.S. dollar which pushed crude oil to the downside significantly, as the USDIX closed yesterday’s session at 77.19 from the opening at 76.61 today, it reached a high of 77.24 and a low of 76.94 and it is currently trading positively around 77.28. It is expected that crude would continue its volatility this week ahead of the 23rd summit that may reveal the roadmap for Europe but today it may take a downside direction or an upside direction ahead of major fundamentals that will be issued from Europe and U.S. The British fundamentals will take the lead today, as CPI data is expected to show a rise in inflation levels in the Kingdom to reach 4.9% which considered as a high level indeed, and investors will look at the Euro Zone confidence figures as well. |
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krisluke
Supreme |
18-Oct-2011 21:39
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The commodity is providing mixed signs, where crude oil is currently trading around the main support for the upside movement, but also below the main resistance which supported the negativity from the top at 114.80. Therefore, a 4-hour closing above 86.80 is required to confirm the positive outlook, while 4-hour closing below 86.00 is required to confirm the negativity. The trading range for today is among the major support at 82.10 and the major resistance at 89.80. The short-term trend is to the downside with steady daily closing below 100.00 targeting 65.00. Support: 86.00, 85.20, 84.65, 84.00, 83.30 Resistance: 86.80, 87.35, 88.20, 89.20, 89.80 Recommendation Based on the charts and explanations above our opinion is buying crude above 86.80 and take profit in stages at (88.20 and 89.80) and stop loss with 4-hour closing below 86.00 OR selling crude with 4-hour closing below 86.00 and take profit in stages at (85.20 and 84.00) and stop loss with 4-hour closing above 86.80 might be appropriate today.
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krisluke
Supreme |
17-Oct-2011 22:06
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Nymex Crude Oil (CL)With 83.17 minor support intact, crude oil's rebound from 74.95 might extend further high. But after all, we'd continue to expect upside to be limited below 90.52 resistance (38.2% retracement of 114.83 to 74.95 at 90.18) and bring resumption of whole decline from 114.83. Below 83.17 minor support will flip bias back to the downside for retesting 74.95 low first. However, note that decisive break of 90.52 will argue that crude oil has completed a double bottom reversal pattern (75.71, 74.95) and would bring stronger rise through 100.62 resistance. In the bigger picture, medium term rebound from 33.2 is treated as the second leg of consolidation pattern from 147.24 and should have finished at 114.83 already. Current decline should target next key cluster support at 64.23 (61.8% retracement of 33.2 to 114.83 at 64.38) next. Sustained break will pave the way to retest 33.2 low. On the other hand, note that the fall from 114.83 is note clearly displaying an impulsive structure yet. Break of 90.52 will argue that price actions from 114.83 could merely be forming a sideway consolidation pattern and rise from 33.2 might still extend beyond 114.83 before completion. Comex Gold (GC)Gold edged higher to 1696.8 but still struggled to take out 1700 psychological level. After all, we'd maintain that break of 1705.4 double top neckline is needed to indicate near term trend reversal. Otherwise, fall from 1923.7 is still expected to continue. On the downside, below 1585 minor support will flip bias to the downside for 1535 and break there will target 1500 psychological level next. Though, break of 1705.4 will argue that fall from 1923.7 might be over and will bring stronger rise towards this high. In the bigger picture, current development indicates that gold has made a medium term top at 1923.7, ahead of long term projection level of 161.8% projection of 253 to 1033.9 from 681 at 1945.6 and 2000 psychological level. While the fall from 1923.7 is steep and deep, gold is still holding inside long term rising channel from 681 and above 55 weeks EMA at 1513.3. Hence, we're not too bearish in gold yet. Strong support is anticipated at 1478.3/1577.4 support zone to contained downside, at least initially, and bring rebound. However, note that sustained break of 1478.3 will strongly suggest that the long term up trend has already reversed. |
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krisluke
Supreme |
17-Oct-2011 22:03
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CIMB
SembCorp Marine (SMM SP S$3.86) – BUY FY11P/E: 11.5x, P/BV: 2.9x • The downtrend from the S$6.03 high appears over following 5 completed waves. Prices have rebounded back to its previous congestion area, which is likely to be resistance in this current advance. • Both its indicators are now nearing their own respective resistances, which would also allow for a reversal in the days ahead. The 50-day SMA is also likely to provide some resistance in the near term. • The current rebound has been sharp suggesting that it is not sustainable without a pullback. Traders should only buy on weakness, preferably near the S$3.35-3.47 support band. Always put a stop at below S$3.20 or the S$3.05 low. After the pullback, prices should attempt to test the S$4.00-4.20 levels with a potential to even reach the S$4.35-4.50 next. |
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krisluke
Supreme |
17-Oct-2011 21:59
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Sembcorp Marine: S$3.86 BUY (TP: S$5.46) Takeaways from our ASEAN Conference Day Maintain BUY. We hosted Sembcorp Marine (SMM) in our ASEAN Conference Day in HK. Key takeaways: (1) Management stayed upbeat on new order intake, especially the potential rig orders from Petrobras. Winning the orders will be strategically important for SMM to build up its long term positioning in Brazil. (2) Management is seeing higher enquiries for semi-subs. Recent fixtures of long term contracts for Seadrill and Ocean Rig are positive. We believe the new enquiries could be related to custom built semisub rigs for the North Sea. Share price has recovered strongly (+27% from its 52-week low) but we see more upside. We have not factored in Petrobras win in our model and Petrobras contribution will only be meaningful from 2013 onwards. We maintain BUY with an unchanged TP of S$5.46. New contract win is the key upside catalyst. Petrobras tender was the main discussion point. Investors were keen to know more about the Petrobras tender after Upstream reported that Petrobras has opened the bids for the 21 ultra deepwater rigs. SMM has submitted bids to build six rigs in partnership with Seadrill, Odjfell and Sete Brasil. Management is optimistic that the contracts will be awarded soon and SMM has a strong chance to win some orders. Based on our estimate, the tender is worth up to S$5.5b and could nearly double its current order book of S $5.8b. Management is committed to build a long term presence in Brazil and is also eyeing new FPSO integration and conversion projects (aside from the rig projects). Cash level building up we estimate > S$1.7b net cash by 3Q11. Cash level is rising fast with the receipt of final payment for Songa Eclipse (estimated at US$420m). We estimate SMM’s cash, excluding excess payments by customers (~S$460m), could go up to S$1.7b or S$0.82/share by 3Q11. Management shared that capex for the New Yard in Tuas will be higher than the initial estimate of S$750m as some of the facilities in Phase Two have been moved forward to Phase One. For the greenfield yard in Brazil, SMM could spend US $300-500m to build an integrated yard. Jason Saw |
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