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Sembmarine

some news to share,

G20 members said they should refrain from competitive devaluation of currencies, but resisted US efforts to specifically push China on its currency, which the White House says is artificially weak. This gives Chinese exporters a big advantage over US manufacturers.

Currency and trade compromises came out of Seoul, as world leaders acknowledged the need for export-reliant nations to bolster domestic demand. However, the G20 agreed that measures to control their massive capital inflows should be "carefully designed."

Investors were also worried at the prospects of further tightening policies by Beijing after data released yesterday showed China's consumer prices jumped 4.4% from a year earlier in October, the fastest pace in two years.

Elsewhere, the other Asian markets fell sharply on Friday, as the U.S. dollar fell, commodity prices eased.

 

 

So Fast!!!!!   Singapore Sale Start!!!!!!!!

Watch Resistance at 493, If don't wish to hold as an long term investment

Let's hope HSE would lend some support.

Good luck

: )

krisluke      ( Date: 12-Nov-2010 03:09) Posted: Thursday already gostan. Smars still got legs to run up. Now focus on Apec instead of Opec. When Osaka meeting is over, 523 may be broken then. Smars, YZJ and Gents chiong together next week. will add one more lot if sti face major correction itself , let see.....

 

Thursday already gostan. Smars still got legs to run up.

Now focus on Apec instead of Opec.

When Osaka meeting is over, 523 may be broken then.



Smars, YZJ and Gents chiong together next week.



will add one more lot if sti face major correction itself , let see.....



 

 

@krisluke:

sembmar lucky it didn't "gostan" yesterday due to DJ down. still pretty strong.

I'm interested in Swiber and Ezra. Will note. Thanks for sharing.

krisluke      ( Date: 09-Nov-2010 23:56) Posted: Tmr Traffic Police Blows whistle, Smar gostan into track. Plantation Stock like palm oil and rubber interested bor. eg: Golden Agr, Indo Agri, Gmg, Noble. Oil related stocks, Upstream, Swiber, Ezra. (Chiong when per mileage travel improves) DownStream, Pec, ChinaOil, mun siong Support, Jaya, Cosco, YZY(Smar Rival) Commodities stocks, Xinren, Coal ..... Aluminium not bad but no players : ( Watch Golden Agri, Nov11 2010 EQ release. Got players 78 can play to 100++ Good Luck. Gents < 100 plays up 200++ about1 yr, feds $$$ injected, CPO up GAR also Up. Gents not bad but no direction, see VIP Room everyday full house, EQ good, Shoot Up 253 hawke009      ( Date: 09-Nov-2010 16:20) Posted: wat are those small cap not in play today? care to share those in your mind? :-

 

Smars,

A roller coaster ride witness Smars brave passed 2 resistance points, suggest risk appetite increases and target 523

Immediate support at 513, 508 respectively

Resistance at 523



Kpc,

A bull run in lesser fluctuation witness Kpc tested old S & R level, suggest the run may require indication

Immediate support at 1084 ,1078 respectively

Resistance at 1112

 

News on Dj,

Every things going to be good, Dj adjusts trading hours +1hr for pre winter time.

Now not easy to track Dj, hear Dmg and partner while you were sleeping.

Almost time to hang new calendar 2010 year of rabbit, all datas should be smoothed out YOY which means not bad for 2010.

Feds stimulus package and almost zero interest rate shall lend support to their economy for about 6-8mths, almost till summer.

Petrobras, Brasil 100% state owned company at during that time will offer new rigs build. NB: Very Very Safe Contracts Type.

Rivals also from tomasek ones, Korean keens in OSV for supporting Oil drilling activities in Sea, Japanese keens in LPG/LNG tanker for their country utility usage. China keens in container fleet for their domestic goods export. 

Smars, prospect not bad, with one new yard ready in next year. Bigger yard space to faciliate more vessels.

So,  FROM NOW ON,  BUY ON DIPS and ALSO BUY ON WHAT EVER NEWS.

Globe news, Also loop a lots.

1) from commodities play.

2) from company involves in emerging country development.

3) from tomasek vested company.

Just my point of view.

 

Tmr Traffic Police Blows whistle, Smar gostan into track.

Plantation Stock like palm oil and rubber interested bor.

eg: Golden Agr, Indo Agri, Gmg, Noble.

Oil related stocks,

Upstream, Swiber, Ezra. (Chiong when per mileage travel improves)

DownStream, Pec, ChinaOil, mun siong

Support, Jaya, Cosco, YZY(Smar Rival)

Commodities stocks,

Xinren, Coal ..... Aluminium not bad but no players : (

Watch Golden Agri, Nov11 2010 EQ release. Got players 78 can play to 100++

Good Luck.

Gents < 100 plays up 200++ about1 yr, feds $$$ injected, CPO up GAR also Up.

Gents not bad but no direction, see VIP Room everyday full house, EQ good, Shoot Up 253

hawke009      ( Date: 09-Nov-2010 16:20) Posted: wat are those small cap not in play today? care to share those in your mind? :-p krisluke      ( Date: 08-Nov-2010 23:44) Posted: AmFraser Trading Idea on Strait Times Index, Target - 3270 to 3300 Support - 3130 to 3150 Small and mid Cap in Play except large Cap : ) See any stock not in play today and buy in or add more to holding on dollars and cents averaging. Dj: Says renewed worried about euro zone debt weight. *Euro $ losing strength to US $ hurts commodities stock.

 

November 9, 2010, 8.37 pm (Singapore time)

Oil prices march on, NY crude at fresh 2-yr high New York's main contract, light sweet crude for delivery in December, reached US$87.63 a barrel - the highest level since late 2008. It later stood at US$87.51, which was a gain of 45 cents compared with Monday's closing level. Brent North Sea crude for December delivery reached a six-month high of US$89.02. It later stood at US$88.86, a gain of 40 cents, in London midday trade. Oil prices have won ground in recent days owing to a weak dollar and after the US Federal Reserve's decided to inject an additional US$600 billion into the market to stimulate the world's biggest economy. The International Energy Agency (IEA) meanwhile forecast that crude prices would grow to US$113 a barrel by 2035, despite environmental policies, essentially dooming climate-change goals. Slightly more than a third of the new demand would come from China's appetite for energy. -- AFP   LONDON - Crude oil futures extended recent gains on Tuesday, with New York prices striking fresh two-year peaks, as the International Energy Agency forecast steady demand growth up to 2035.

 

wat are those small cap not in play today? care to share those in your mind? :-p

krisluke      ( Date: 08-Nov-2010 23:44) Posted: AmFraser Trading Idea on Strait Times Index, Target - 3270 to 3300 Support - 3130 to 3150 Small and mid Cap in Play except large Cap : ) See any stock not in play today and buy in or add more to holding on dollars and cents averaging. Dj: Says renewed worried about euro zone debt weight. *Euro $ losing strength to US $ hurts commodities stock.

 

Smars

CHIONG WITH LARGE CAP!!!!!!

 

Surge in volume, Broke Resistance suggest Momentum is coming

Smar,

Immediate Support : 508

Immediate resistance : 513

Stronger resistance    :523

 

 

 Debt Situation Resurface:-

China already saves greece.

Now is Portugal, Ireland and Spain.

Will Germany do the same like China?

 

AmFraser Trading Idea on Strait Times Index,

Target - 3270 to 3300

Support - 3130 to 3150

Small and mid Cap in Play except large Cap : )

See any stock not in play today and buy in or add more to holding on dollars and cents averaging.

Dj: Says renewed worried about euro zone debt weight.

*Euro $ losing strength to US $ hurts commodities stock.

 

Local Brokerage Firm Call,

DMG & Partner - TgtP@ 470, current valuation @ 17x FY 11 P/E & 4.2 P/B.

Kim Eng - TgtP @ 540, core net profit up 68% YoY.

Lim & Tan - Maintain Buy Call, did well in Q3 under prevailing circumstances. 

Philip Capital - TgtP @ 546 Fair value, Profit estimate raise by 23.3%, 7.5% and 2.8% to 789m, 741m and 785m in FY 2010E, FY 2011E and FY 2012E respectively.

Cimb - TgtP @ 575, Based in blended 15xCY 12 P/E and DCF Catalysts could include stronger than expected order wins and margin expansion.

DBS Vickers - TgtP @ 548, Higher FY 11 earning projections, still pegged to blended FY11/12 PE.

Ocbc Securities - TgtP @ 570, Switch valuation methodology to the sum of part method instead of a blanket P/E valuation.



To conclude the analysis above,  6B vs 1N.

3 house upgrade, 1 house switch to neutral and  2 house fair value.

 

Dow Jones in negative territory in early trade. Sembmar might slight tomorrow. :-(

 

Petrobras Tender Award is long overdue but I don't know when announcement will come..... I waited for 3 months already, cannot exit now - my core holdings in Kepcorp & SembMarine. World no.1 & no.2 sure to get something (est.US$10B each) - no need to think.!

 

now nov but still not announced... am eager for the good news.

moneybear      ( Date: 08-Nov-2010 19:25) Posted: Jackpot 2010, Do you know when the Petrobras tender award will be announced. I understand that it was supposed to be in Oct 2010? I guess we can also expect another 50c on top of that when Petrobras announces the 2nd tender bidding... Jackpot2010      ( Date: 08-Nov-2010 19:18) Posted: $4.93 +19c! Stay with the winner, wait for Petrobras Award to UP another 50c easily.

 

Jackpot 2010,

Do you know when the Petrobras tender award will be announced.

I understand that it was supposed to be in Oct 2010?

I guess we can also expect another 50c on top of that when Petrobras announces the 2nd tender bidding...

Jackpot2010      ( Date: 08-Nov-2010 19:18) Posted: $4.93 +19c! Stay with the winner, wait for Petrobras Award to UP another 50c easily. krisluke      ( Date: 08-Nov-2010 16:21) Posted: 491/492 Sell into strength, if don't want to hold Today sti veri strong : ) CHEERS

 

petrobras award ?

 

what is that ?  where did you find the news ?

Jackpot2010      ( Date: 08-Nov-2010 19:18) Posted: $4.93 +19c! Stay with the winner, wait for Petrobras Award to UP another 50c easily. krisluke      ( Date: 08-Nov-2010 16:21) Posted: 491/492 Sell into strength, if don't want to hold Today sti veri strong : ) CHEERS

 

$4.93 +19c! Stay with the winner, wait for Petrobras Award to UP another 50c easily.

krisluke      ( Date: 08-Nov-2010 16:21) Posted: 491/492 Sell into strength, if don't want to hold Today sti veri strong : ) CHEERS