Genting Sing    Last:0.745    -0.01

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short 9.25 or the duel zone range, buy back at every 5 cents drop. so will be if got 10 , then 5 at 9.2, 3 at 9.15, 2 at 9.1. etc etc

 

 

epliew      ( Date: 01-Nov-2010 13:21) Posted: current price 9.17 what is your recommended buy and sell prices ? bladez87      ( Date: 01-Nov-2010 13:06) Posted: above expectations by 10b. prepare for a strong price surge followed by quick profit taking! beware for those vested! those who are planning to get in, must be fast to get out, got chance of earning a few chicken rice servings once trading starts.   for genting, wait a few more days, like BT mentioned, market already taking in the QE2. if QE2 too little, genting will be affected. if however you plan to hold long term like at least 3 years then 10 cents difference wouldnt matter to you. if u r trader or want a quick profit, do note of the high risk and volatility for this week.

 

Good to be cautious !

bladez87      ( Date: 01-Nov-2010 13:46) Posted: o man, now i regretting selling genting at 2.15. bigggg mistake. lose money nvm,  opportunity cost of 4 cents also. so in total lost 7 cents + brokerage.  but i still stick to my decision to buy only on thurs after the QE2 is announced. as for OCBC, if me, i will just run at 1405. chances are prices would not go up after, and might drop to profit taking. good luck to all vested

 

o man, now i regretting selling genting at 2.15. bigggg mistake. lose money nvm,  opportunity cost of 4 cents also. so in total lost 7 cents + brokerage. 

but i still stick to my decision to buy only on thurs after the QE2 is announced.

as for OCBC, if me, i will just run at 1405. chances are prices would not go up after, and might drop to profit taking.

good luck to all vested 

 

Looks like a good bet to get genting and hold till 10 days later, even 1 lot is like making 10 dollars a day after deduct brokage.

probably will get a few lots later in the afternoon if my holding for 2 lots cosco can sell at $1.9

BullishTempo      ( Date: 01-Nov-2010 13:28) Posted: is 10m not 10b. Those who didn't buy at market open might be too late already. People like me are already getting ready to get out.  If you get in now, you will be buying from guys like me. My target price is around 9.25. Market may decide to go higher or lower than this. For GenSp, my target for Nov 11 is $2.38 at the minimum. But from now until Nov 11, there could be many gyrations. Invest at your own risk. I may not always be right. Its your money, your own judgement, your risk, your call. Good luck !  epliew      ( Date: 01-Nov-2010 13:21) Posted: current price 9.17 what is your recommended buy and sell prices ?

 

STI climbs 1.5% to 3,188.37 at trading break

Tags: CDL Hospitality Trust | Golden Agri-Resources | Indofood Agri Resources | JP Morgan Chase & Co | Oversea-Chinese Banking Corp. | Sasteria | SMRT Corp | Thomson Medical Centre | Venture Corp | Wilmar International

WRITTEN BY BLOOMBERG

MONDAY, 01 NOVEMBER 2010 13:00

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Singapore’s Straits Times Index rose the most in two weeks, climbing 1.5% to 3,188.37 as of 12:46 p.m. local time. Twenty-three stocks advanced and three fell in the benchmark equity index of 30 companies. Shares on the measure trade at an average 15.6 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.  Suppliers of palm oil gained after crude palm oil for January delivery rose as much as 1.1% in Kuala Lumpur.   Golden Agri-Resources (GGR SP), the world’s second- biggest palm-oil producer, jumped 5.4% to 68.5 cents. Indofood Agri Resources (IFAR SP), the palm-oil unit of Indonesia’s biggest noodle maker, rose 1.2% to $2.63. Wilmar International (WIL SP), the world’s largest palm-oil trader, climbed 0.9% to $6.46.   CDL Hospitality Trust (CDREIT SP), the hotel operator partly-owned by City Developments (CIT SP), gained 0.5% to $2.15. JPMorgan Chase & Co. raised its share-price forecast to $2.30 from $2.10 and maintained its “overweight” rating.   Oversea-Chinese Banking Corp. (OCBC SP), the lender that owns Singapore’s biggest life insurer, rose 1.8% to $9.17. The bank said third-quarter net income rose to $570 million  from $450 million a year earlier. That beat the $551.8 million average estimate of eight analysts surveyed by Bloomberg. SMRT Corp. (MRT SP), Singapore’s biggest commuter train operator, fell 0.5% to S$2.04. The company said second- quarter profit slipped 13% to $45.8 million.   Thomson Medical Centre (THOM SP), a Singapore-based hospital operator, surged 61% to $1.74. The company said Sasteria, an investment vehicle of Singaporean billionaire Peter Lim, offered to buy the rest of the company after taking a 39.34% stake. The mandatory conditional offer is for $1.75 a share, it said.   Venture Corp. (VMS SP), Singapore’s biggest publicly listed contract maker of electronics, rose 1.7% to $9.21. The company said third-quarter net income climbed 27% to $48.6 million from a year earlier.

 

OCBC’s Q3 net beats forecast as loans jump 29% - Update

Tags: DBS | OCBC | Oversea-Chinese Banking Corp. | United Overseas Bank

WRITTEN BY THOMSON REUTERS

MONDAY, 01 NOVEMBER 2010 13:25

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail OCBC (OCBC.SI), Singapore’s second-biggest lender, beat expectations with a 27% jump in quarterly profit as its private bank drove loans and fees higher, offsetting rock-bottom interest rates. Overall, loans grew 29% from a year earlier, with help from the banking unit which it acquired earlier this year from ING (ING.AS), OCBC said.   OCBC, or Oversea-Chinese Bannking Corp, also saw a 17% drop in bad debt charges, less than rival United Overseas Bank’s (UOBH.SI) 43% decline, as lenders across Asia benefit from an economic recovery.   But interest rate margins remain the Achilles’ heel for Singapore banks as domestic rates are linked to the United States, where the Federal Reserve is set to announce a new easing programme this week.   OCBC said its interest rate margins dropped 18 basis points from a year earlier, even though it fared better than UOB which saw a drop of 32 basis points.   “We intend to continue investing in our regional franchise, positioning for growth opportunities in our key markets,” said CEO David Conner in a statement.   OCBC posted a net profit of $570 million in July-September, compared to $450 million a year earlier.   That compared with an average forecast of $516 million, according to seven analysts polled by Reuters.   Smaller rival UOB last week posted an almost 38% jump in quarterly profit, firmly beating expectations as bad debts slumped while fees from loans and investments rose.   DBS (DBSM.SI), Singapore’s and Southeast Asia’s biggest bank, will announce earnings on Thursday.   OCBC, which bought ING’s Asian private bank earlier this year, said the private bank and its insurance unit Great Eastern (GELA.SI) showed strong revenue monmentum.   OCBC’s net interest income rose about 10% to $754 million as loans grew 29% compared to UOB’s 8.7% growth.   Fee and commission income climbed 37%, partly because of contributions from the private bank.   Singapore bank shares have underperformed the broader market for the year as investors are concerned about weak margins as well as an economic slowdown in the next few quarters after a strong first half.   OCBC shares are up 0.7% so far this year, compared to an 8.6% decline in shares of rival DBS’s (DBSM.SI) while UOB (UOBH.SI) shares are down about 5%.   The overall Singapore index <.FTSTI> has climbed about 10% since the start of the year.

 

is 10m not 10b.

Those who didn't buy at market open might be too late already.

People like me are already getting ready to get out.  If you get in now, you will be buying from guys like me.

My target price is around 9.25. Market may decide to go higher or lower than this.

For GenSp, my target for Nov 11 is $2.38 at the minimum. But from now until Nov 11, there could be many gyrations.

Invest at your own risk. I may not always be right. Its your money, your own judgement, your risk, your call.

Good luck ! 

epliew      ( Date: 01-Nov-2010 13:21) Posted: current price 9.17 what is your recommended buy and sell prices ? bladez87      ( Date: 01-Nov-2010 13:06) Posted: above expectations by 10b. prepare for a strong price surge followed by quick profit taking! beware for those vested! those who are planning to get in, must be fast to get out, got chance of earning a few chicken rice servings once trading starts.   for genting, wait a few more days, like BT mentioned, market already taking in the QE2. if QE2 too little, genting will be affected. if however you plan to hold long term like at least 3 years then 10 cents difference wouldnt matter to you. if u r trader or want a quick profit, do note of the high risk and volatility for this week.

 

are u back from lunch ?

BullishTempo      ( Date: 01-Nov-2010 12:36) Posted: Which is why it is always a good idea to widen your social circle and know people in high places. The close you are to the source of the news, the more likely you will catch the wave earlier. Ok time for lunch. More ACTION AFTER LUNCH. Have a good lunch guys.  bladez87      ( Date: 01-Nov-2010 12:32) Posted: this 1 different case, as previously mentioned he just took over out of the blue. if i not wrong prior to the take over, he was not their shareholder. in 1 day, his decision to buy over the founder holdings, cause the take over offer. unless is insider like u mentioned, or else cannot foresee 1

 

current price 9.17

what is your recommended buy and sell prices ?

bladez87      ( Date: 01-Nov-2010 13:06) Posted: above expectations by 10b. prepare for a strong price surge followed by quick profit taking! beware for those vested! those who are planning to get in, must be fast to get out, got chance of earning a few chicken rice servings once trading starts.   for genting, wait a few more days, like BT mentioned, market already taking in the QE2. if QE2 too little, genting will be affected. if however you plan to hold long term like at least 3 years then 10 cents difference wouldnt matter to you. if u r trader or want a quick profit, do note of the high risk and volatility for this week.

 

above expectations by 10b. prepare for a strong price surge followed by quick profit taking! beware for those vested!

those who are planning to get in, must be fast to get out, got chance of earning a few chicken rice servings once trading starts.

 

for genting, wait a few more days, like BT mentioned, market already taking in the QE2. if QE2 too little, genting will be affected. if however you plan to hold long term like at least 3 years then 10 cents difference wouldnt matter to you. if u r trader or want a quick profit, do note of the high risk and volatility for this week.

 

ocbc 570 m for quarter!

 

is too late to take a position in genting sp ?

BullishTempo      ( Date: 01-Nov-2010 12:15) Posted: Need to go back to my trading screen. Back later when free. crystal1818      ( Date: 01-Nov-2010 12:14) Posted: For those vested in any counters, does it means must run? What about those not vested? Is it good time to enter or stay clear?

 

you want know people, got 2 conditions to be met

1 they want let u know them anot.

and more imptly, 2, can you even reach them anot. haha

 

Which is why it is always a good idea to widen your social circle and know people in high places. The close you are to the source of the news, the more likely you will catch the wave earlier.

Ok time for lunch. More ACTION AFTER LUNCH.

Have a good lunch guys. 

bladez87      ( Date: 01-Nov-2010 12:32) Posted: this 1 different case, as previously mentioned he just took over out of the blue. if i not wrong prior to the take over, he was not their shareholder. in 1 day, his decision to buy over the founder holdings, cause the take over offer. unless is insider like u mentioned, or else cannot foresee 1. BullishTempo      ( Date: 01-Nov-2010 12:24) Posted: The real winners today are those who bought Thomson Medical on Friday. 63% percent rise in just 1 day. Which is why traders always keep an eye on takeovers and mergers.

 

this 1 different case, as previously mentioned he just took over out of the blue. if i not wrong prior to the take over, he was not their shareholder. in 1 day, his decision to buy over the founder holdings, cause the take over offer. unless is insider like u mentioned, or else cannot foresee 1.

BullishTempo      ( Date: 01-Nov-2010 12:24) Posted: The real winners today are those who bought Thomson Medical on Friday. 63% percent rise in just 1 day. Which is why traders always keep an eye on takeovers and mergers.  BullishTempo      ( Date: 01-Nov-2010 12:22) Posted: Ok STI found support at about 3185. Safe for now.

 

By the way another hot counter is OLAM.

Do your research on this one. 

 

The real winners today are those who bought Thomson Medical on Friday.

63% percent rise in just 1 day. Which is why traders always keep an eye on takeovers and mergers. 

BullishTempo      ( Date: 01-Nov-2010 12:22) Posted: Ok STI found support at about 3185. Safe for now.

 

Ok STI found support at about 3185. Safe for now.

 

Oversea-Chinese Banking Corp. (OCBC SP), the lender that owns Singapore’s biggest life insurer, rose 0.4% to $9.05. The bank may report today third-quarter profit of $556.8 million, according to the average estimate of eight analysts surveyed by Bloomberg. That compares with $450 million a year earlier.

 

Need to go back to my trading screen. Back later when free.

crystal1818      ( Date: 01-Nov-2010 12:14) Posted: For those vested in any counters, does it means must run? What about those not vested? Is it good time to enter or stay clear? BullishTempo      ( Date: 01-Nov-2010 12:13) Posted: STI turning down from near 3200 as expected. So just watch it, may get worse in afternoon.