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1341-1360 of 2078
Now 1.70 breaking liao.
Make no mistake .
$1 is the entry price for permanment victory
Yup,
This is what I meant by mini-wave. Not a time to enter yet, but it will be in my radar again. Remember I posted before on Yanlord and mentioned to monitor Yanlord in 1 to 2 weeks time? This might be a repeated scenario again.. :)
sorry BBs , with this post they might felt the "heat" to reload but if they need to do , they will do it..
Happy Weekend!
Star-Trader
yup haha waiting for round 2 too! that time only let me earn some coffee money..
bishan22 ( Date: 22-Oct-2010 22:24) Posted:
Be patience and collect them when hit 1.6+. Hope to enter at round 2.
iknownothing ( Date: 22-Oct-2010 20:45) Posted:
will we be able to see YL hit 1.6 and below?
Cheers! |
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Be patience and collect them when hit 1.6+. Hope to enter at round 2.
iknownothing ( Date: 22-Oct-2010 20:45) Posted:
will we be able to see YL hit 1.6 and below?
Cheers! |
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will we be able to see YL hit 1.6 and below?
Cheers!
seems to be resting at the 1.74/1.75 level. may not drop that muh anymore
KIM ENG COMMENTARY
After the market close, PBOC announced a 25 bps hikes in both 1-year lending rate and 1-year deposit rate. Interest rates for other tenor were also adjusted. Note that saving rates are kept unchanged.
This is the first interest rate movement made by PBOC since 23rd Dec 2008, amid the financial crisis. On that day PBOC cut both the 1-year lending and deposit rates by 27bps.
The direction of interest rate movement is well expected by market, but the timing is unexpected, while the structure of the interest rate hike is also interesting.
Our analyst comment:
* Timing: The rate hike happened just after the 12th 5-year plan conference, which may trigger some speculation in change of monetary polices. We
believe that it is too early to say this, and still believe that this round of rate hike DOES NOT mean China is entering into a rate hike cycle with frequent and rapid interest rate hikes.
* Structure: We always argue that the structure of the interest rate hike is more important than the hike itself. Note that previously there were rumors on asymmetric rate hike, i.e. raising deposit rate but keeping lending rate unchanged (which is obviously bad news to banks). This turned out to be false. Market’s concern on asymmetric rate hike should fade.
* Also note that saving rates were kept unchanged. This is important to the banks: On the funding side, the cost of saving deposit (typically 40-60% of total deposits), only the cost of time deposit will rise. While on the asset side, the yield of all of their loans will rise.
* Effect: In short, the latest PBOC move should be moderately positive to the bank’s margins.
* On the volume side, note that the mainland banks’ volume growth is almost inelastic to interest rate movement. Volume growth was mainly controlled by government instead.
* Who is going to benefit: The banks with high loan/deposit ratios, and the banks with high portion of saving deposits are likely to benefit most.
Bocom, CITIC Bank, CMB and BOC are likely to benefit most.
* The rate hike should be positive to insurer as well. We believe that PICC is going to benefit most.
* Other implications: While the rate hike itself is moderately positive to the banks, we expect the market to react negatively. The weakness in overseas market, and the recent strong rally in China and HK market would trigger some profit taking.
* Inflow of hot money, and strength in Rmb may continue after the rate hikes.
* The upcoming CPI and GDP figures (both due on 21st Oct, Thu) may surprise the market on upside.
Yanlord can drop some more due to China interest rate hike. Be patience to collect. I'm waiting for the right entry.
thanks greenbean!
sian am considering whether to hold on to this or not. sighs
for Lifeline03
marubozu1688 ( Date: 17-Oct-2010 15:27) Posted:
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if NAV is 3.04 and now trading at 1.79, i dont see no reason why this counter still at this price.
iknownothing ( Date: 13-Oct-2010 19:18) Posted:
NAV for YL is S$3.04 woohoo!!! quote by deutsche bank! |
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Yanlord is testing the 200D MA resistance for the 3rd time. Also take note that Yanlord is trading in a down trend channel.
http://mystocksinvesting.com/singapore-stocks/yanlord/yanlord-trading-in-a-down-trend-channel/
Unless no co-ordinated manipulation this, $2 may come...watch this space.my bozz said this...hor ...
i think this might pop upward soon
hmm whats the potential of this stock?
Will reload when it reach 1.75.
Have offload half my holding. Though buying support still emerge at 1.80, will like to get out for a profit and will definitely come in again for this baby ! :) Might even get back at 1.78 if buying support is still shown around that price of above 1.78.
If not ,will be happy to get back below 1.78 if it dipped below that and wait for another big wave...
Happy Trading!
Star-Trader
bishan22 ( Date: 14-Oct-2010 19:24) Posted:
If tomolo STI is weak, more likely the price will drop. Today it has formed a doji, after 2 days of white candles.
icetomato ( Date: 14-Oct-2010 19:06) Posted:
| Sold some yesterday. Now waiting to see if there's further upside. |
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If tomolo STI is weak, more likely the price will drop. Today it has formed a doji, after 2 days of white candles.
icetomato ( Date: 14-Oct-2010 19:06) Posted:
| Sold some yesterday. Now waiting to see if there's further upside. |
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Sold some yesterday. Now waiting to see if there's further upside.
