Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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erictkw
Veteran |
04-Sep-2009 16:43
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DJ MARKET TALK: Singapore Market To Ride Up On GDP Rebound - DB 0620 GMT [Dow Jones] Singapore's return to GDP growth in 2010 could drive earnings forecasts, share prices higher, says Deutsche Bank. "Rising economic growth is likely to sustain EPS upgrades and drive a further valuation re-rating, while the Integrated Resorts launch and capital redeployment would provide more potential catalysts for the market." Broker now expects Singapore GDP to grow 6.5% in 2010 vs previous forecast of 4.5%, "we expect Singapore to stage the sharpest rebound in Asia, with a recovery profile similar to that following the 1998 Asian Economic Crisis." Notes recent 2Q09 corporate earnings beat expectations, expects earnings recovery to accelerate further in 2010. Sees scope for market to trade up to higher valuation levels as recovery takes shape, says current lull provides opportunity to add to cyclical exposure such as banks. Notes Singapore market currently trading on FY10 PE ratio of 14.5X, price/book multiple of 1.7X, which close to average of its long-term trading band. Raises MSCI Singapore target to 1,680 from 1,390, which translates to 2,940 target for STI (previous STI target not given). STI currently off 0.1% at 2,596.42. (KIG) |
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aleoleo
Master |
04-Sep-2009 16:32
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i think the QFII let more investor to come in, it announces after china market close, even tonite US result no good, china should soar on monday and this should help HK to move further, wats ur view?
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ronleech
Master |
04-Sep-2009 16:04
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QFII relax rules...that is why HSI shoot up to the sky.....i think mkt will go crazy if tonite US data is positive...more upleg for next week.... | ||||||
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lawcheemeng
Master |
04-Sep-2009 15:39
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HSI up 500plus....sti ....still ...not ..much movement leh........ | ||||||
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des_khor
Supreme |
04-Sep-2009 15:12
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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sudden up?? | ||||||
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des_khor
Supreme |
04-Sep-2009 14:52
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STI need viagra liao... people down STI down, now people up still down! | ||||||
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dealer0168
Elite |
04-Sep-2009 13:39
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Sorry should be: Stocks, Bonds Seen in `Sweet Spot' as G-20 Officials Shun Stimulus Exit
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dealer0168
Elite |
04-Sep-2009 13:35
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Stocks, Bonds in ‘Sweet Spot’ as G-20 Refrains Exit |
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AK_Francis
Supreme |
04-Sep-2009 12:41
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Ha ha, comrade, didn't know u hv a brilliant behind d curtain. Ho miah liao loh. Incidentally, ref to $ n markets mentioned in d early post, below r extracts for digest, esp for d newbies, sifus can skip: Do you believe that the actions our government (and others around the world) has taken, will prevent us from falling back into recession or even a depression? Right now, it can be argued that the world markets for stocks, bonds, commodities, and currencies are trading on the Macros and that it essentially boils down to two trades. Inflation and Recovery vs. Deflation and Recession. At this point, it doesn’t make sense to invest for the long-term in individual stocks or bonds or commodities as even the best stock in the world will go down if we move deeper into recession. So what should one do?
There are 3 basic ways to approach the current market situation depending upon which camp you are in: If you are in the inflation/recovery camp, you should: Buy stocks and commodities. As long as interest rates stay low and the economy begins to recover, commodities (particularly gold, silver and oil) should benefit as investors look to invest in hard assets to diversify away from the dollar. If interest rates stay low, then you would also want to sell the US dollar (USD) and the Japanese Yen (JPY) and buy commodity currencies such the Aussie (AUD), the Canadian dollar (CAD), and the Kiwi (NZD) as they will benefit from higher commodity prices and the carry trade. This trade should work out pretty well until peak inflation is upon us and the FED has to start raising interest rates. If you are in the deflation/recession camp, you should: Basically do the opposite of the inflation hawks. You would want to sell stocks and commodities, and buy the US dollar (USD) and the Japanese Yen (JPY) as the flight to safety trade would be in full effect. This is also the time that you want to own bonds as bonds do well when stocks go down. If you are unsure of which way the market will go, you should: diversify among asset classes. An easy way to do this is with an equal mix of stocks and bonds, as well as having exposure to different currencies. This would be considered a hedged situation and the safest way to approach the current market climate. While you may not make the “home run gains” that you might if you guessed correctly which way the economy was going, your portfolio will be less volatile as you can participate in either scenario. This is just a somewhat simplistic way to view the current economic climate but what’s important to know is how the different asset classes perform under different economic conditions Regardless of which way you decide to play, be sure to use proven risk management techniques OR self-made one, to limit your losses and maximize your gains.
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des_khor
Supreme |
04-Sep-2009 12:32
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Bull always longer than bear, it is healthy in between there is pull back.
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cheongwee
Elite |
04-Sep-2009 12:29
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...take precaution better than cure and regret..u cannot have bull all the way...it is plain bullshit...
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cheongwee
Elite |
04-Sep-2009 12:26
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2 rhing will make $ strengthen...Ben increase rate not likely for nw, econmomy data ok cause $ to strengthen likely...and this depend on how strong it strengthen..and u know it is alway overbought...so espect some disaster...hope not.. and if stock sink, safe haven status also strengthen the $..may cause rewinding... |
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des_khor
Supreme |
04-Sep-2009 12:25
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Sudden become bearish ?? woman heart are very hard to understand.
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cheongwee
Elite |
04-Sep-2009 12:22
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Before i disappear fr here...share with you all something i heard fr my daughter...the other day.. you know the yen carry trade,,,,now those smart alex are doing to the US$..this is bad news for stock...if anytime these smart alex thk US$ is going to strengthen, they will sell out of stock globally...and then you got another unwanted crises.. blame CB for the near zero rate...but ppl borrow to punt on stock , not for business to improve economy...no wonder most of the vol belong to those empty shell on DOW.. US$ weaken on the basic of these smart lalex..not more printed $ by big Ben....those extra printed cash are match by other CB printing also...dont forget CB ard the world are also preinting $$$ like no tomolo to solve their problem... FYI |
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DnApeh
Master |
04-Sep-2009 12:00
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no more bullet liao, please cheong...... | ||||||
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dealer0168
Elite |
04-Sep-2009 11:44
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cheongwee
Elite |
04-Sep-2009 11:43
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enter my q to buy, see also sian..it is friday, let go to do something physical....have a swim or have sex and exercise...to keep fit ......going to the club gym loh...bye... | ||||||
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cheongwee
Elite |
04-Sep-2009 10:46
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sad case, but there is nothing worth dieding fot in life...just live, the most declare bankrupt...so long got food and water...it is ok... and death is no solution, u bring with you the sad memory also...no escape...might well stay and fight...no matter how jiat lat it is... so dont died for anything....foe nothing...actually, life it nothing...make money and be happy..that is what we subconciously do everyday..totally meaningless..
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AK_Francis
Supreme |
04-Sep-2009 10:07
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Yoh dear comrade, nice morning to u too. Ha ha, for AK, every single day, is my day. People happy, I delight. See people moody, throw them some jokes or even pass them some caring words, for free. Stock breaking news: High Court verdit, the nippon jin, Takamasa Kato, 64, was died of Kamakaseh, owing to great loss in stock investment during the credit crunch. AK wishes to share with all again, "life" is precious, think trice, before making a "Sell" call. If got unsolve problem, speak out or share with others.
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cheongwee
Elite |
04-Sep-2009 09:43
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Good Morning, it is Friday, a boring day as usual...but tonite the employment is going to be nice, so today is shopping day for next week... And i thk dont touch gold yet, unless you want be be old...when dollar index reach 80..it will fold... Just like they said as good as gold... i told u so...and believe it to be so.... |
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