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hi yanggoat, this page talk about chart n indicator. http://www.fxwords.com/ or may be chartnexus, i learn from chartnexus.
need more info, leave your e-mail. my blog: htttp://www.herbalnotes.blogspot.com. cheers
yanggoat ( Date: 24-Aug-2008 08:38) Posted:
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Hi Quek4T, how you find price of coal ? please help! which web? Thanks.
I intend to short this counter, but due DJ last fri closed up and this am SGX open bullish, be cautious. Just collect any profit you can.
Quek4T ( Date: 24-Aug-2008 00:02) Posted:
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Noted: ;) hey guy do you all have a webbie of all diff type of candle stick reference. cos i find it interesting and webbie for recommandation :;) btw whtat the diff between coal and petrol ?
ya, dc. I think this counter is likely to go down for monday. The upper limit of bollinger band has touched. Moreover, CO price came down so much on Friday.
dc16888 ( Date: 23-Aug-2008 17:03) Posted:
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hmmm that mean this stock will still have a chance to drop even more evendo due to the recent news regarding the new mining field ??????? any opinion on this counter. any one holding on to this counter
At current Bear Gem also become stone !! all counters sure hit bottom up before recovery .
dc16888 ( Date: 23-Aug-2008 17:03) Posted:
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hi,my 2cents opinion, this counter price drop chances higher than rise. The indicator on last trading day is a shooting star. cheers.
ya but straitasia is dealing with Coal. so it should be effect by the dropping of oil price bah. the MACD line currently still above signal line... can see some rise. but not sure it will drop cos it close at 2.71 will it open @2.6 plus or just shoot up due to the high buying vol..... just curious any expat want to do a anylsis on this tock. any propect for future
take profit whenever u can as crude oil drop. You will see when monday open it will drop some point.
any one buying into this stock ??
is it a gd time to enter this stock now. since the oil price dropping already. unless it got the new contract rite
It's a huge surge again today... Contra off at 2.78 and now waiting to buy more... Hope other forumer benefit too... Good luck...
The share has hit a peak of $2.83 on 20th Wednesday before profit-taking bought it down to 2.67. Managed to take profit after holding for nearly 3-week. and bought back again today at 2.58. Hope SJ Furumers have also benefit from the surge in price. Best of luck and hope it head north again.
Straits Asia Has Capacity for $1 Billion Coal Bid (Update1)
By Catherine Yang and Jesse Riseborough
Aug. 15 (Bloomberg) -- Straits Asia Resources Ltd., a supplier of coal to Japan, Taiwan and South Korea, will have the capacity to make an acquisition of more than $1 billion as coal sales rise amid record prices for the fuel.
The company will be making ``substantial cash-flows'' from next year amid higher coal prices, Chief Executive Officer Milan Jerkovic said in an interview with Bloomberg Television from Perth.
Straits reported a threefold gain in first-half profit last week after boosting output as prices rose. There's strong demand for thermal coal, used by power stations, in Europe and Asia and the market will remain under-supplied until at least 2010, according to Merrill Lynch & Co.
``Coal is on the increase and the fundamentals for coal demand and the tightness of supply hasn't changed,'' Jerkovic said. ``We can certainly see higher prices again towards the end of this year.''
Straits Asia fell 1.7 percent to S$2.38 at 12:04 p.m. Singapore time. The stock has dropped 24 percent this year.
By Catherine Yang and Jesse Riseborough
Aug. 15 (Bloomberg) -- Straits Asia Resources Ltd., a supplier of coal to Japan, Taiwan and South Korea, will have the capacity to make an acquisition of more than $1 billion as coal sales rise amid record prices for the fuel.
The company will be making ``substantial cash-flows'' from next year amid higher coal prices, Chief Executive Officer Milan Jerkovic said in an interview with Bloomberg Television from Perth.
Straits reported a threefold gain in first-half profit last week after boosting output as prices rose. There's strong demand for thermal coal, used by power stations, in Europe and Asia and the market will remain under-supplied until at least 2010, according to Merrill Lynch & Co.
``Coal is on the increase and the fundamentals for coal demand and the tightness of supply hasn't changed,'' Jerkovic said. ``We can certainly see higher prices again towards the end of this year.''
Straits Asia fell 1.7 percent to S$2.38 at 12:04 p.m. Singapore time. The stock has dropped 24 percent this year.
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August 15, 2008, 8.41 pm (Singapore time)  |
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Straits Asia buys US$100 mln coal exploration rights
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SINGAPORE - Singapore's Straits Asia Resources Ltd will purchase coal exploration rights in Madagascar and Brunei for US$100 million from its controlling shareholder Australian miner Straits Resources Ltd.
Straits Asia, 47-per cent owned by Straits Resources, said in a statement on Friday this included licences in Madagascar with an exploration target of finding 300 million to 500 million tonnes of coal.
'The acquisition of the coal interests in Brunei and Madagascar is an important step in our strategy of becoming a diversified global player. It gives us substantial exploration acreage,' said Straits Asia's CEO Richard Ong.
Straits Resources told Reuters in an interview on Thursday it plans to grow its coal unit through acquisitions, and was targeting deals worth between A$1 billion to A$2 billion (US$877 million to US$1.75 billion) in Australia . -- REUTERS
With the sales of Madagascar mine from Straits Resource to Straits Asia, I wonder what the new TP will be.
Straits Asia Resources heads higher as investors bet Vietnam coal port disruption may support coal prices. Goldman Sachs notes recent typhoon damaged Vietnam coal port operations, says may disrupt coal shipments to China, push spot coal prices up. Says, "we believe that the latest supply disruption in the Asia Pacific coal trade is a key positive for ASEAN coal producers who trade in tight correlation to regional spot prices and have high earnings leverage to regional prices." Maintains Buy rating, unchanged $3.95 target price.
2.6!..technically sound
oil down by so much, this one will LS on Monday.
Hopefully to collect <$2.4 on Monday. This is one of the share that all fund mgrs are consistent - target price > $4. So, good to buy when price is down.
What a lucky day for me... Load up another 10 lot x 2.36 to average down and it shoot up to 2.52...So decided to contra and take profit first (10 lot)... Let see how it goes on Monday. Good luck to all vested...
Kensonic77 ( Date: 01-Aug-2008 11:48) Posted:
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