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At $3.50?...it will be a 5 yrs low. Have any blue chip hit that level so far? I dun see it coming esp. after they've raise various print price effective Oct 1 to offset the increase in paper/operational cost. Conversely, i foresee it heading north towards $4 range in the coming days.
I used to own quite a substanital # of SPH shares and in view of its redundancy, I sold it beginning of this year @ an average of $4.50.
Usually around this time of the year, SPH will start to rise for, at least, 40-50 cents. The fact that it is now hovering around $3.90 tells me that my guess is correct.
If it drops below $3.50, I may try my luck again at this counter.
Yah lor! But C can also be cancer and H for "Hoh Sei Liao"!!!
yah man, why like that. perhaps change SPH, d H to C ah. H for hopeless n C for cheong. No angry, hv fun. Cheers for the dull n lull day.
Well done ozone2002! But who is the one who sell at 3.81 this morning huh? Must be a desperado man!
SPH forming a bullish triangle, watch out for the breakout ..
People are switch away to growth stocks. It is the right move but with risk. I've thought of that also but did not do it as I want to keep some safer ones as some kind of "bonds"
Blastoff ( Date: 19-Sep-2008 18:17) Posted:
| Most stocks went up except for SPH. It even drop by 6 cents, what happen? |
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Most stocks went up except for SPH. It even drop by 6 cents, what happen?
This is a rare chance to buy at such a discount ......
Looking forward to SPH continuing to give good dividend.....
down side risk is rental erosion at Paragon .... and other risk is the advert reduction due to poor property market sentiment ....
jackjames ( Date: 18-Sep-2008 11:34) Posted:
| defensive play now.. bought 1 lot at 3.86... keep below my pillow, cheers~ |
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ha ha Jack, take it out fr the pillow and admire liao. Well done folk, cheers.
ha ha.. lucky day for me , *blink*
ha ha, didn't expect STel below 3.20 as well, unlike SPH, it has more exposures abroad.
defensive play now.. bought 1 lot at 3.86... keep below my pillow, cheers~
On the other hand, it may be a good opportunity to buy the stock for the year-end dividend...
Blastoff ( Date: 18-Sep-2008 11:28) Posted:
| Very rare for SPH to plunge down by more than 10 cents; the markets must be very bad.... |
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Very rare for SPH to plunge down by more than 10 cents; the markets must be very bad....
One of the few solid counter, solid as a rock.
There's a few way to do it. Either using a chart or current trend for the day. As for $4.05 - $ 4.07, I'm using current trend based on market depth.
aircraft ( Date: 17-Sep-2008 11:43) Posted:
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Hi Blastoff,
How do you calculate the resistance value ? thanks
Blastoff ( Date: 17-Sep-2008 09:54) Posted:
| Resistance at $4.05-$4.07. |
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Hi Blastoff,
How do you calculate the resistance value ? thanks
Blastoff ( Date: 17-Sep-2008 09:54) Posted:
| Resistance at $4.05-$4.07. |
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Resistance at $4.05-$4.07.
