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happy for you of the profits... and you are right.... nowadays inflation index going higher and higher and higher.... ha.ha.ha....
ozone2002 ( Date: 16-Apr-2008 14:19) Posted:
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i have made enough liao 15c... abt 5%.. can barely cover inflation..haha
the resistence level will be at 3.32.
look at this baby go!
April 8, 2008, 7.23 pm (Singapore time)
STX Pan Ocean wins US$300m deals Email this article Print article Feedback SINGAPORE - South Korea's STX Pan Ocean said on Tuesday it has won two shipbuilding deals worth about US$300 million. The contracts for the two very large crude carriers (VLCCs) are not expected to impact the firm's earnings in the financial year ending Dec 31, said STX, which is listed in Seoul and Singapore. -- REUTERS
actually i find it quite weird too..after the 1000lots buy up in the initial afternoon session...now even before 2.45pm...the intra day low hit $2.96
| 14:15:17 | 3.010 | 4,000 | Buy Up |
| 14:14:18 | 3.010 | 2,000 | Buy Up |
| 14:13:12 | 3.010 | 10,000 | Buy Up |
| 14:10:40 | 3.010 | 11,000 | Sell Down |
| 14:10:17 | 3.010 | 11,000 | Buy Up |
| 14:09:56 | 3.010 | 5,000 | Buy Up |
| 14:09:45 | 3.010 | 14,000 | Sell Down |
| 14:09:34 | 3.010 | 30,000 | Sell Down |
| 14:09:20 | 3.010 | 3,000 | Sell Down |
| 14:08:32 | 3.010 | 1,000 | Sell Down |
| 14:06:26 | 3.020 | 1,000,000 | Buy Up |
| 14:05:54 | 3.020 | 10,000 | Buy Up |
| 14:04:40 | 3.020 | 10,000 | Buy Up |
| 14:01:31 | 3.010 | 1,000 | Sell Down |
| 14:01:18 | 3.020 | 40,000 | Buy Up |
| 14:00:40 | 3.020 | 7,000 | Sell Down |
| 13:59:01 | 3.020 | 71,000 | X |
The wave has come back again?
don't worry i know how to protect my profits..
indeed i m very much impressed too...however if look at the "Time & Sales"...the sell down is really tremendous
Congratulations...!!!!
Good on ya ..mate...
And enjoy the ride.....
Cheers....!!!!
ozone2002 ( Date: 08-Apr-2008 09:17) Posted:
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ok miscue by 1day..today >$3
:)
By the look at the volume play....
I doubt it will......
Take care ....Cheers ...!!!!
this baby looks to ride the commodity boom.. should past $3 by today..
Time to let it go , down down
OVERWEIGHT Maintained
? Conversions, cancellations and delays are the three key supply issues in the dry bulk sector. All three have the capacity to alter the supply picture materially, but will they? Our analysis suggests that their impact will not be substantial in 2008, although from 2010 onwards, the cumulative effect could change supply expectations.
? Earmarked conversions held up by lack of shipyard space. If all the intended tanker-to-bulker conversions materialised in 2008, there would be a convincing glut. But our checks with several sources suggest that the progress of conversions is hampered by the lack of shipyard space in China. Meanwhile, high demolition prices are providing an escape route for owners of single-hull tanker owners who cannot find timely conversion slots. We expect only 4m dwt to be converted into dry bulk ships in 2008 and another 4.5m dwt in 2009, against the earmarked 10m-12m dwt in 2008 and 8m dwt in 2009.
? Delivery delays unlikely to be material in 2008. While some inexperienced Chinese yards could have difficulty delivering their newbuildings on time, their presence in the 2008 and 2009 orderbook is limited. Therefore, the impact of their delays should not make a significant near-term impact on supply.
? Cancellation of current year orders unlikely as capital has been committed. With perhaps 40% or more of capital already sunk into current year deliveries, ship owners are unlikely to want to cancel their orders even under tighter lending conditions because they can draw on their internal cash reserves. The ongoing credit crisis may affect their ability to pay for ships scheduled for later deliveries, but the impact of cancellations on 2008 supply forecasts is not likely to be material.
? Maintain OVERWEIGHT on the dry bulk sector. We believe that share prices of dry bulk companies will do well particularly in 2H08, with the key catalyst being stronger momentum on dry bulk freight rates. Vessel oversupply could make itself felt from 2H09, but for 2008, we believe that the threat of conversions is more bark than bite. Delivery delays and order cancellations may reduce supply growth but our analysis suggests that the primary impact will be two to three years forward.
? We keep OUTPERFORM ratings on STX Pan Ocean (TP: S$3.60) and on TTA (TP: THB59.50). Our targets are based on sum-of-the-parts, fusing the market value of their ships and their investments. Our target for TTA has been reduced from THB72, given the sharp de-rating in the share price of Mermaid Maritime (MMT SP, Not Rated). Our top pick is STXPO because it has strong revenue momentum from its expanded chartered-in fleet and high spot exposure.
? TRADING BUY on Maybulk (TP: RM5) and PSL (TP: THB37). Our target for Maybulk is based on a 20% premium over its RNAV of RM4, because of the share price?s traditional correlation with the direction of dry freight rates and also because of the strong final dividends of 30 sen/share tax exempt. PSL?s earnings and share price are the least sensitive to spot freight rates as 90% of hire days in 2008 have already been fixed.
TA charts look slightly bearish. Acc/Dist and Chaikin downtrending slightly
hahah` ur instincts worked today ya~! it really did what u said...however it bounced back up...and then go back down at the closing trade
Sorry,,,,cyjjerry85....
Was out for the whole afternoon...accompanied mem...
buying some foodstuff...not forgeting an extra packet of rice too..
You know....kia sue and kia see....lei...
Regarding your question....its nothing lei....
Just an instinct....chai...chai..lah...
after sometime monitoring these stocks' counters...it just being inbuilt lei...
Sometimes correct.....most of the time wrong...hogn...!!!cheers....!!!!
cyjjerry85 ( Date: 04-Apr-2008 12:32) Posted:
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we shall see a bearish engulfing candlestick should the closing be below yesterday low of $2.81