Sakari   

Straits Asia

sorry typo error...shd be...... if you say so than it must be so..."self fulfilling"...so be it..

cheongwee      ( Date: 01-Jul-2009 15:31) Posted: if you sau so than it must be so...."self fulfilling"...so be it.. nickyng      ( Date: 01-Jul-2009 15:19) Posted: gee...cant believe it u guys still living on that self fulfilling prophercy ??? :P

 

if you sau so than it must be so...."self fulfilling"...so be it..

nickyng      ( Date: 01-Jul-2009 15:19) Posted: gee...cant believe it u guys still living on that self fulfilling prophercy ??? :P

 

this one may finish abv 1.8 end of today...

 

i am 70% confident this one is heading higher..soon...buy 20lots also good...just buy.

 

today q to buy again, so are you joining to buy, ...dividend...i dont buy stock for the dividend.

it is how easy u make the $...and not how much $ y make..that is the point..

i am here becos i like to make easy money..

newtothis      ( Date: 01-Jul-2009 15:12) Posted: LOL. Have you recieved dividends in terms of millions ? :) cheongwee      ( Date: 01-Jul-2009 14:55) Posted: pls dont copmpare...i have got an occassional golf kaki..he told me that his stake in SPH alone is worth ard 3million..and i believe he got some more than that ....he drive a bentley and he is indonesian..so how am i going to compare to him..my bussiness is worth only 2/3 of that.. forget abt how many $ we got...just concentrate on making before the rally gone.... your money it as good as u are alive...try to take some profit and buy thing or pay for thing which you enjoy..go for holiday.. dont be tempted to use leverage, to beat your neighbour..i was once a worker also..i know ..

 

gee...cant believe it u guys still living on that self fulfilling prophercy ??? :P

 

LOL. Have you recieved dividends in terms of millions ? :)

cheongwee      ( Date: 01-Jul-2009 14:55) Posted: pls dont copmpare...i have got an occassional golf kaki..he told me that his stake in SPH alone is worth ard 3million..and i believe he got some more than that ....he drive a bentley and he is indonesian..so how am i going to compare to him..my bussiness is worth only 2/3 of that.. forget abt how many $ we got...just concentrate on making before the rally gone.... your money it as good as u are alive...try to take some profit and buy thing or pay for thing which you enjoy..go for holiday.. dont be tempted to use leverage, to beat your neighbour..i was once a worker also..i know .. jeremyow      ( Date: 01-Jul-2009 11:45) Posted: Wow, cheongwee, You must have quite a lot of capital to buy up to over 200 lots of Straits Asia Resources. And you mentioned you also have 2 other counters invested. You are a big-time retail investor.

 

pls dont copmpare...i have got an occassional golf kaki..he told me that his stake in SPH alone is worth ard 3million..and i believe he got some more than that ....he drive a bentley and he is indonesian..so how am i going to compare to him..my bussiness is worth only 2/3 of that..

forget abt how many $ we got...just concentrate on making before the rally gone....

your money it as good as u are alive...try to take some profit and buy thing or pay for thing which you enjoy..go for holiday..

dont be tempted to use leverage, to beat your neighbour..i was once a worker also..i know ..

jeremyow      ( Date: 01-Jul-2009 11:45) Posted: Wow, cheongwee, You must have quite a lot of capital to buy up to over 200 lots of Straits Asia Resources. And you mentioned you also have 2 other counters invested. You are a big-time retail investor.

 

Cheongwee, yes brought the shares        (at the wrong price) and have  been    until now.....however I notice that

this week is not so bad, the prices are between $1.74 to $1.80 from yesterday and today. Will hangon to them for a few more days...... hopefully  these   will come to me by this week. If not will cut less and

 

Can I know which counters can see your posting  at Share junctions?

 

Wow, cheongwee,

You must have quite a lot of capital to buy up to over 200 lots of Straits Asia Resources. And you mentioned you also have 2 other counters invested. You are a big-time retail investor.

 

u got to have stop loss...but i thk in and out is more risky.( honestly, i am lousy in this,esp this one the movement is some few % only)...just stay on...till u hit your sell px..and sell

and of course, provided there are no surprise fr DOW, ..that is why u got to have stop loss..ready to cut...

but going forward fr now till late july, i thk market shd be ok...till nw acc. some close to 200 over lots...plus today 27 lots done only..

i just got right now 3 counter...so can run on short notice...who know what come next??take care.

rachael      ( Date: 30-Jun-2009 08:46) Posted: Hello Cheongwee, thanks for introducing me this counter. I have shifted all my Epure shares (loss $1800) to buy 15 lots of StraitsAsia at $1.78 (only regret is I should have brought it last 2 weeks below this price). Hopefully will go up to $2.20 by Jul.

 

I tok u bought already at 1.79..16 lots on 18 june???..u buy again??..good me bought today also, but at 1.76...i put my proceed fr Armstrong to here..today.

18-Jun-2009 12:13	StraitsAsia   /   Straits Asia      4Go to Message
x 0 x 0	die liao lah....I brought at 16 lots at $1.79 on Monday......hope it will not go down anymore. stormwatch, I hope you are right.

rachael      ( Date: 30-Jun-2009 08:46) Posted: Hello Cheongwee, thanks for introducing me this counter. I have shifted all my Epure shares (loss $1800) to buy 15 lots of StraitsAsia at $1.78 (only regret is I should have brought it last 2 weeks below this price). Hopefully will go up to $2.20 by Jul.

 

me 2..sold at 1.82..waiting to reload to catch the next up..hopefully near 1.9 

 

Emm had sold mine at $1.82. Will come bk again.

 

1.76....ready for another reload..

 

gosh!! at 1.76 now.... the truth has prevailed...the MYTH is BUSTED ! :P

 

There are a lot of corporate / banks  earning reporting end July/august.  Think there might be more trading volumes in July.

maxcty      ( Date: 30-Jun-2009 10:28) Posted: thanks for sharing.. niuyear      ( Date: 30-Jun-2009 10:15) Posted: My own opinion only -  If have profit to take, i will not hesitate to take. ( i have no holding power to wait for the speculation for it to reach $2.00 and above and i dont know when  also)    UOBKH technical analysis FTSSI no long 'overbought' and they recommend sell into strength when near 2400.   Though not specifically meant for this stock, but, generally, people were already buying on dip last 2 weeks and propbably will sell into strength slowly bit by bit each day where STI crawl up each day that driven by  people's sentiment and when selling finish..........wht happen then?   Ride with the stock but be cautious also.......  :)

 

Managed to clear stock at 1.82, wait for another dip before going in again for the 2.2 ride. This afternoon EU may open up as futures goes up in big green numberals, so may want to consider .....no call to do anything... Yes I believe it will hit even higher, just a matter of time. Time to go for a short stock holiday...maybe...

 

Straits Asia Resources: Buy (OCBC Research, 30 June) SAR has seen its share price more than doubled since its March lows, in tandem with the resurgence of oil prices. The impact of global economic stimulus plans has started to flow into the real economy, leading to tighter energy markets. Improvements in fundamentals bode well for SAR, as firmer coal prices will boost its revenue. Management holds the view that energy markets will continue to tighten in 2H09 and is optimistic that its FY10 output will be priced at more favourable levels than recent spot prices of around US$60/ton. SAR has entered into sales agreements for the remaining 27% of its FY09 output. We estimate a blended average selling price (ASP) of US$85/ton for its FY09 output, slightly lower than our previous US$87 forecast due to recent weak coal prices. Nevertheless, this is still above FY08's ASP of US$70.50/ton, putting the group on track to deliver record earnings in FY09. This is also well above its breakeven cost of approximately US$38/ton. Production volumes have picked up in 2Q09 following a seasonally wet and slow 1Q09, and we expect output to gain momentum from 2H09 onwards on the back of more favourable weather conditions and increased production capacity. SAR has recently also installed additional infrastructure at its mines. The enlarged capacity will enable it to produce up to 19mt of coal per year, more than double its targeted FY09 production volume of 9mt. Management targets to ramp up its production to 19mt by FY12, pending the resolution of forestry boundary restrictions at Sebuku. We expect growing production volumes to drive SAR's earnings in FY10 and beyond. A sustained recovery of energy prices will serve as an added boost to its earnings. We have adjusted our earnings estimates by -20% to +2% as we lower our FY09 ASP assumption and tweak our cost projections, but raise our ASP assumptions for FY10 and beyond. This lifts our DCF-based fair value estimate to S$2.07 (previously S$1.38). Given the stabilisation of oil prices and the improving outlook for global energy markets, we upgrade SAR to a Buy. Dividend yield remains attractive at 5.2%. Key risks to our assumptions include a reversal of energy prices and refinancing risk.

 

thanks for sharing..

niuyear      ( Date: 30-Jun-2009 10:15) Posted: My own opinion only -  If have profit to take, i will not hesitate to take. ( i have no holding power to wait for the speculation for it to reach $2.00 and above and i dont know when  also)    UOBKH technical analysis FTSSI no long 'overbought' and they recommend sell into strength when near 2400.   Though not specifically meant for this stock, but, generally, people were already buying on dip last 2 weeks and propbably will sell into strength slowly bit by bit each day where STI crawl up each day that driven by  people's sentiment and when selling finish..........wht happen then?   Ride with the stock but be cautious also.......  :) maxcty      ( Date: 30-Jun-2009 09:39) Posted: will really go up to 2.2 in july?