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Straits Asia

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pilotfish
    15-May-2009 16:26  
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Like the US. Singapore retail sales decline.

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/429411/1/.html

Most counters are down.



asicsrunner      ( Date: 15-May-2009 14:44) Posted:

but why the price keeps dropping? a little bit worried.

 
 
cheongwee
    15-May-2009 16:23  
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If u look down fr 30000 ft...all broad base selling...not only this one is down..

it got nothing to do with the fundamental of this counter..

if those are scare, DYODD...just cut..for me ok it is the casino money..no mine

i am betting with profit..no worry.

if u worried just sell..simple..or simply just put your $ in the bank.
 
 
stupid_guy
    15-May-2009 14:46  
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ya. doesnt look good.. going down.
 

 
asicsrunner
    15-May-2009 14:44  
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but why the price keeps dropping? a little bit worried.
 
 
richtan
    15-May-2009 14:23  
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From Kim Eng:

Straits Asia earnings jump 74% in Q1

STRAITS Asia Resources achieved a 74 per cent jump in net profit to US$35.5

million for the first quarter. This came on the back of a 36 per cent surge in group

revenue to US$139.6 million. The company attributed this mainly to higher coal

selling prices from contracts settled in mid-2008.

 
 
richtan
    15-May-2009 14:21  
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CW, join u for the ride, paid ticket fare $1.30.

Let's enjoy the ride together as the itinerary map looks great, riding & bouncing along the 15sma & 25sma.



cheongwee      ( Date: 14-May-2009 17:17) Posted:



i believe if dow ok tonite..this one will move fast tomolo...vested.

787180      ( Date: 14-May-2009 14:51) Posted:

Quote:
Originally Posted by investment View Post
STRAITS ASIA RESOURCES, csfb upgraded to OUTPERFORM from Neutral with target price $2.60 (from $1.40)
- We are increasing our TP for SAR to S$2.60 based on 08E P/E of 15x on proforma consolidated earnings of the company including proposed mine acquisition (Figure 2). Our valuation methodology is consistent with our approach for Indonesian coal companies.
- We have conservatively estimated the likely financial performance of the new mine. As these estimates are preliminary, we have not fully incorporated these in our earnings model for SAR. We have also revised our estimates for Sebuku mine lower based on management feedback.
- Possible positive catalysts include stronger coal price and better than expected financial performance of the proposed acquisition. Some risk remains on acquisition completion, integration as wel as reserve life extension of Sebuku mine site.
- We believe that SAR.s risk-reward profile has improved post acquisition based on likely reserve life extension and our scenarios on coal pricing and valuation (Figure 3). Raising our rating from Neutral to OUTPERFORM.

Latest_this morning announced a 74%increase in interim profits just ex dividend on ab 7May,now give dividend again,trading cum today..is the stock worth keeping in your portfolio

 

 
Laulan
    15-May-2009 11:48  
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Evensince I sold my last at $1.44, I never want to look at it anymore, even how expensive it was, e.g 1.26 why?  If you compare the offer of 80.5 cents, and then you're offered 80.5 cents soon to come, don't you feel worried?  I did.  That was why I am off from this bugger.Smiley
 
 
niuyear
    15-May-2009 11:38  
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ppl starts selling, let this drop some more then buy.
 
 
787180
    15-May-2009 09:06  
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With 47% own by its Australian parent the free float is about 579,203 shares available (53% 1,092,837),time to laod up,interim dividends declared again although the final dividend is in the mail :
 
 
cheongwee
    14-May-2009 17:17  
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i believe if dow ok tonite..this one will move fast tomolo...vested.

787180      ( Date: 14-May-2009 14:51) Posted:

Quote:
Originally Posted by investment View Post
STRAITS ASIA RESOURCES, csfb upgraded to OUTPERFORM from Neutral with target price $2.60 (from $1.40)
- We are increasing our TP for SAR to S$2.60 based on 08E P/E of 15x on proforma consolidated earnings of the company including proposed mine acquisition (Figure 2). Our valuation methodology is consistent with our approach for Indonesian coal companies.
- We have conservatively estimated the likely financial performance of the new mine. As these estimates are preliminary, we have not fully incorporated these in our earnings model for SAR. We have also revised our estimates for Sebuku mine lower based on management feedback.
- Possible positive catalysts include stronger coal price and better than expected financial performance of the proposed acquisition. Some risk remains on acquisition completion, integration as wel as reserve life extension of Sebuku mine site.
- We believe that SAR.s risk-reward profile has improved post acquisition based on likely reserve life extension and our scenarios on coal pricing and valuation (Figure 3). Raising our rating from Neutral to OUTPERFORM.

Latest_this morning announced a 74%increase in interim profits just ex dividend on ab 7May,now give dividend again,trading cum today..is the stock worth keeping in your portfolio
 

 
jerrymints
    14-May-2009 16:42  
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When is the offer from PPT due, currently looks like holding up here as the offer on.  Jerrymints
 
 
niuyear
    14-May-2009 15:23  
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DBS vickers 'buy' 1.33.  TP 1.55 ? Can go for it?
 
 
787180
    14-May-2009 14:39  
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with 62% rise in intterim profits announced this morning,it's time to collect for the long haul...wow just ex dividend ,now still cum dividend..really a good stock to collect Razz Razz
 
 
stupid_guy
    13-May-2009 17:07  
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close flat at 1.33
 
 
asicsrunner
    13-May-2009 17:04  
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it closed at 1.34.. will it rise tomorrow or Friday?
 

 
rage11
    12-May-2009 21:35  
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yah, so excited to see it rise towards closing...
i hope so to see profit coming in tomolo...
 
 
cheongwee
    12-May-2009 16:29  
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i q at 1.27 cannot get...look like u be looking at profit tomolo...this one alway look like giving way but only to come back up...

nw looking strong at 1.31...gd luck to you.



rage11      ( Date: 12-May-2009 14:51) Posted:

hmm...i bought at 1.35. miss the chance to offload at 1.45. now want offload also cannot liao. yes, on contra.

 
 
cheongwee
    12-May-2009 16:27  
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no problem sir, i did q to buy at 1.26...tak kana..didnt get...never mind,,this one is good..tomolo may chase it..

the picture is very clear...dow 10000...sti 2600 to 2800..



pointer      ( Date: 12-May-2009 15:35) Posted:

U not yet vested but infer others to buy abit weird leh...something like if dun buy now no stock already...

Better wait for clearer picture.

No offence though.



cheongwee      ( Date: 12-May-2009 15:02) Posted:

ok, try q at 1.27...the best px ..i can give...cannot get too bad..not vested at current


 
 
pointer
    12-May-2009 15:35  
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U not yet vested but infer others to buy abit weird leh...something like if dun buy now no stock already...

Better wait for clearer picture.

No offence though.



cheongwee      ( Date: 12-May-2009 15:02) Posted:

ok, try q at 1.27...the best px ..i can give...cannot get too bad..not vested at current

 
 
cheongwee
    12-May-2009 15:33  
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i shd have read properly...wrong again...sorry.

cheongwee      ( Date: 12-May-2009 15:31) Posted:

sorry...i miss..i tok u bought bought 1.27..

rage11      ( Date: 12-May-2009 15:06) Posted:

huh? i where got make $?
i buy in @ 1.35 leh, never sell @ 1.45 leh, miss the chance..
now 1.27...i losing leh haha...



 
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