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STI to cross 3000 boosted by long-term investors
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steadylar
Veteran |
22-Feb-2012 10:15
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Fresh from the press: DJ MARKET TALK: Wilmar Drops 8.7% Earnings On Weak Side - OCBC Those analysts who recently churned out new TP of $6+ for wilmar included CIMB, JPMorgan and DBSV, they must also be caught by surprise. Anyway, dont touch this counter until price stabilises. NAV only $2.50+, PE today drop to 20X is still too high. Wonder why today all comodities counters including Olam, Noble, Golden agri all drop. Very highly speculative counters.
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hpong5
Master |
22-Feb-2012 10:14
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It's better to stay hedged in this siao market. | ||||
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hpong5
Master |
22-Feb-2012 10:13
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Markets are waiting for HSBC Flash PMI. It's make it or break it. | ||||
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rotijai
Supreme |
22-Feb-2012 09:49
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the best is still.. dont bet on results.. :) anyway, it's about time.. :) shorters becareful though |
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louis001
Master |
22-Feb-2012 09:43
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market expected sell on news after building up before results... but some BBs whack it hard....it caught some by surprise... for those who follow this will know the price pattern in the past, dancing up and down within a day or two is very common......enjoy the show....
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steadylar
Veteran |
22-Feb-2012 09:38
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Genting is interesting....thoguh it appears there is heavy selling, there's a matching amt of buying giving support. results will be out today. | ||||
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hlfoo2010
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22-Feb-2012 09:36
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Div not so good,worst than aj1., I think BB $$$$$ follow back to euro banks |
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steadylar
Veteran |
22-Feb-2012 09:33
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Thks, i dun hv wilmar long or short, at today's $5.37, PE is still very high 20X! but this counter got BB playing, prices can suddenly hv wild moves, so be careful. | ||||
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New123
Elite |
22-Feb-2012 09:29
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if u still into profit,take your money safe in yr pocket
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steadylar
Veteran |
22-Feb-2012 09:24
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Wilmar's crash today is unexpected, esp on better results. very fishy, and only recently CIMB and DBSV raised TP to abv $6. May be big funds unloading???? |
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jing77
Member |
22-Feb-2012 09:17
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what happen to wilmar? results seem positive |
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gavinl
Elite |
22-Feb-2012 09:16
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Correction started?? | ||||
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steadylar
Veteran |
22-Feb-2012 09:15
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CDL will report earnings next wed 29/2. | ||||
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steadylar
Veteran |
22-Feb-2012 09:14
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There's a clown amusing himself playing computer in the City Dev counter, artificially jacking up the price, and see which fool will buy from him, and he has been at it for many sessions, buay sian ahhh? vital stats of CDL: PE 13.8X, NAV $7plus i think, yield 1.6%. (fr sharesinvestment.com) |
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iPunter
Supreme |
22-Feb-2012 08:49
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The last two sessions of Dow was rather dubious... It finished a few points green on both days only because of the last minute up, If not, if not for the last minute ups, it would have been be red...  |
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Bon3260
Supreme |
22-Feb-2012 08:46
Yells: "Ooo Ooo Aaa Aaa!" |
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Tis time he 1s u 2 eat instead... Un bo??? ('',)
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steadylar
Veteran |
22-Feb-2012 08:44
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Most analysts think STI can stay abv 3000 (barring any sudden shocks), but to conquer 3100 may be difficult for near term, given the background noise from debt issues, iran and slowing global growth. | ||||
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steadylar
Veteran |
22-Feb-2012 08:35
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Aust, Nikkei, kospi all in the red now. DOw last nite hit 13005 and fell back to close lower. S& P hit a new peak and fell below. Bulls are hesitating as people taking some profits, unless got more good news.... | ||||
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tanglinboy
Elite |
22-Feb-2012 07:22
Yells: "hello!" |
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Greece has got bailout. It will be good! | ||||
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JUNWEI9756
Supreme |
22-Feb-2012 00:53
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U chop chop gu gu how i suck for u ? ):
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