
shplayer, no lah.. i was just "joking" with u nia.. no offense hor.. u the expert here.. was just "creating" some entertainment... at least u know "waves" thingies, i oso know the waves in ECP... so pls do pardon me and guide me along, thanks.
rogue_trader,
You are absolutely right. I was practicing my wave charting....so transposed the number as I calculated it without taking into consideration bid size at this level........still novice lah..
Apologies.
shplayer, i no ta expert bt it cannot be $6.28... it shld be either $6.25 or $6.30 as the bids spread of $0.05... hehehe, u on channel 5 gotcha...
The max it may reach in this rally could be $6.60.
It rose to a record high of $5.80 on market talk that the group, which has a utilities business, may buy one or more power generation companies from Temasek Holdings.
Temasek has hired Morgan Stanley and Credit Suisse to help with the divestment of its 3 power gencos, which could take place as early as Sep, a Temasek spokesman said on Tuesday.
"Singapore has been talking about selling the power plants for quite some time. People have been playing on the power story for this stock ever since," said a dealer.
Semb Corp is worth at least $8 by end 2007.
Breakout of upper bollies on good volume.
My estimate of next level is 6.28.....any comments from TA experts?
SembCorp's price is at most $1 more than SembMar
spurs88,
What is your target price base on? Thanks.
Based on share price of SembMar, this gem should trade at at least $8!!!!!!, target $9!!!!!!!. Just a matter of time
I like this counter very much, chart is easy to point to BUY. so far had bought four times and sell four time. Happy with extra coffee and wine money.
Using similar, and simple rule, I am waiting for the price to hit lower Bollie, then I just buy..
Good luck
TA charts seems to have changed... now it appears to be bearish in the short term
Since Jan07, 1st wave increased by $1.04 (from $3.64 to $4.78), 3rd wave increased by $1.10 (from $4.40 to $5.50), so 5th wave would increase by at least $1.06 (from $4.74 to $5.80) when the resistance of $5.50 is broken.
Semb Corp's price seems to be increasing for 4 weeks before any minor correction. MACD shows sign for accumu on 22 May, so minor correction should be sround 19 June.
In actual fact, SembCorp have been outsourcing some of their contracts for a long time. The only difference is it is called 'sub-contracts'. The responsibility still lies with SembC should anything goes wrong. Therefore, choosing the right partner is very important to their bottomlines. Cheers!
SYT888,
I emailed you on 27 Apr.
Just resent you the email.
Hope you get it this time.
Anyway, SCI is doing well for you.
SHPlayer, btw, fyi, I didn't receive any reply from you. I just got back from my holiday and visited this forum. If you don't mind, you can email me again at mayyee888@yahoo.com
Sat Business Times reported that industry is requesting Government to allow them to outsource power supply. This should be good for Semb Corp, as this is their core business with a lot of experience.
Early bird entry is good, will see it march to 6.00 soon. Pending their Middle project coming onstream, price by year end easily 7.00 or higher.
Research into this stock and then act, defensive stock with low downside risk, high return.
ten4one,
No problem...appreciate the effort.
Thanks
Sorry shplayer, unable to track their S44 balance. Only IRS, SembMarine's Auditors and the Tax Accountant have the records. Simply put it, it is just the total tax paid (with some adjustments) minus the total dividends franked each year since the day it started operations. I think a small number of Analysts do keep track of such activities. Cheers!