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1781-1800 of 5997
If the result is bad, i am gonna quit S-chip for the rest of my life. Obvious insider trading.
Better be good
Better offload some... i think will rebound but maybe few days later... this sickening boat is sinking.. keeping going to lower low and is resisted by 20MA...can even go up to it...i lose a lot ...buay tahan...
Isolator ( Date: 01-Aug-2011 16:37) Posted:
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Hi ,
If u are mentioning Genting SP , then the strong resistance would be at $2.05 . Further TA would let u know later .
Bintang .
rotijai ( Date: 01-Aug-2011 16:49) Posted:
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for a moment, i really think u are managing cosco leh....
are u working in shipping industry ?
so confident....
Isolator ( Date: 01-Aug-2011 16:19) Posted:
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master bintang, i know this is irrelevant to this thread..
can shed some light on gsp please?
thanks
Bintang ( Date: 01-Aug-2011 16:45) Posted:
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It would be worst if there is a gap down tomorrow .
Bintang ( Date: 01-Aug-2011 16:39) Posted:
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With such a selldown, many already scare.... scare the result will be very bad.... Sidelines.... Only people like me will dare to hold on....
Bear in mind, BB, FM are know the strength of channel support.....
Cosco Corp (Singapore) fell to a low of S$1.71 this morning and is now
hovering around S$1.725, which is 3.1% down compared to yesterday’s close.
The stock is also among the top 5 in terms of volume today.
Cosco is announcing its 2Q11 results this evening, and the weak price
performance may be due to expectations of a set of weaker-than-expected
results. Recall that Cosco reported a set of disappointing results in
1Q11, leading to a cut in earnings estimates across the board. Consensus
is now looking at revenue of S$4.36b and net profit of S$258m for FY11.
On the other hand, should the group’s earnings surprise on the upside this
evening, the stock may see a recovery in tomorrow’s session.
The weak price performance today could also be due to a Thomson Reuters
report:
Singapore Hot Stocks-COSCO falls on concerns of slowing dry bulk orders
Published: Sunday, 31 Jul 2011 | 11:02 PM ET
SINGAPORE, Aug 1 (Reuters) - Shares of Singapore-listed Chinese
shipbuilder COSCO Corp fell as much as 3.9 percent on Monday ahead of its
earnings announcement amid concerns that orders for its dry bulk carriers
will be hurt by slowing global trade. At 0232 GMT, COSCO shares were 3.4
percent lower at S$1.72 with over 26.2 million shares changing hands. This
was 1.7 times its average daily turnover since the start of the year. " The
Baltic rates have been dropping, which will hurt COSCO to some extent as
it charters a fleet of dry bulks, on top of building them," said a local
trader. The Baltic Dry Index, which tracks rates to ship dry commodities,
fell to its lowest level in three months as slow freight business and
growing vessel supply took their toll. COSCO will report its earnings for
the three months ended June later on Monday after trading hours.
" Prospects for the shipping industry are looking dim, and with China
tightening credit, the availability to get financing for building ships
would be tighter as well," said another dealer.
We do not have a rating on Cosco Corp.
There are currently 6 BUYs, 5 HOLDs, and 7 SELLs on the stock, with a
consensus target price of S$2.04.
hovering around S$1.725, which is 3.1% down compared to yesterday’s close.
The stock is also among the top 5 in terms of volume today.
Cosco is announcing its 2Q11 results this evening, and the weak price
performance may be due to expectations of a set of weaker-than-expected
results. Recall that Cosco reported a set of disappointing results in
1Q11, leading to a cut in earnings estimates across the board. Consensus
is now looking at revenue of S$4.36b and net profit of S$258m for FY11.
On the other hand, should the group’s earnings surprise on the upside this
evening, the stock may see a recovery in tomorrow’s session.
The weak price performance today could also be due to a Thomson Reuters
report:
Singapore Hot Stocks-COSCO falls on concerns of slowing dry bulk orders
Published: Sunday, 31 Jul 2011 | 11:02 PM ET
SINGAPORE, Aug 1 (Reuters) - Shares of Singapore-listed Chinese
shipbuilder COSCO Corp fell as much as 3.9 percent on Monday ahead of its
earnings announcement amid concerns that orders for its dry bulk carriers
will be hurt by slowing global trade. At 0232 GMT, COSCO shares were 3.4
percent lower at S$1.72 with over 26.2 million shares changing hands. This
was 1.7 times its average daily turnover since the start of the year. " The
Baltic rates have been dropping, which will hurt COSCO to some extent as
it charters a fleet of dry bulks, on top of building them," said a local
trader. The Baltic Dry Index, which tracks rates to ship dry commodities,
fell to its lowest level in three months as slow freight business and
growing vessel supply took their toll. COSCO will report its earnings for
the three months ended June later on Monday after trading hours.
" Prospects for the shipping industry are looking dim, and with China
tightening credit, the availability to get financing for building ships
would be tighter as well," said another dealer.
We do not have a rating on Cosco Corp.
There are currently 6 BUYs, 5 HOLDs, and 7 SELLs on the stock, with a
consensus target price of S$2.04.
So why aren't the shorties covering if the results will be good later?
Isolator ( Date: 01-Aug-2011 16:37) Posted:
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Touching the resistance , very fast it retreated .
Bintang ( Date: 01-Aug-2011 16:19) Posted:
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I love the channel support...... The rebound will be very impressive as usual.... It mean the result should be good later on....
doesn't look good....
Isolator ( Date: 01-Aug-2011 16:21) Posted:
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Bear in mind, in downtrend it can still go higher... Question is how high and how low.... Dont underestimate the channel support.... It has found it.....
Bintang ( Date: 01-Aug-2011 16:19) Posted:
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If can't close at 1.71 or above...i think it will drop somemore...
Then don't you think the shorties will rush to cover back?? We will find out later... :)
Isolator ( Date: 01-Aug-2011 16:19) Posted:
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Look carefully on the movement.... Cosco was intentional surpress..... by shorting.... Dont be surprise that the tonight result will be very good....
Breaking support with very heavy volume , that would confirm the downtrend .
Bintang ( Date: 01-Aug-2011 16:15) Posted:
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Weekly ADX is rising from 20 while DIs are negatively crossed , Cosco has more room to go down .
Bintang ( Date: 01-Aug-2011 16:09) Posted:
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All those still holding Cosco will be pull up together......... I really worry for those shorties who short late.....
Please give me a lift too.. Hahaha.. Cmon.. CHEONG AHHHHH....
Isolator ( Date: 01-Aug-2011 16:04) Posted:
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