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MARKET PULSE
Oct. 28, 2010, 3:15 p.m. EDT
Investor sentiment reaches two-year high: AAII
By Nick GodtNEW YORK (MarketWatch) -- Investor sentiment continued to rise over the past week, with the portion of bullish investors rising 1.6 percentage point to 51.2%, the American Association of Individual Investors said Thursday in its latest survey. This marks the highest level of bullishness in the AAII survey since May 2008 and suggests stock performance is about to make a turn for the worst, according to Bespoke Investment Group. "Unfortunately for the bulls [...], the S&P 500's (SPX 1,183, -0.30, -0.03%)average returns turn considerably worse as bullish sentiment improves," Bespoke Investment said in a note. "When bullish sentiment is between fifty and sixty percent, as it is now, the S&P 500 tends to see lower average returns over the next one and three months than it does for any other range of sentiment."
Hey raptor, whats up?
This may probably help. It's called the pre-close routine between 5.00pm and 5.06pm.
http://www.asiaone.com/Business/News/My%2BMoney/Story/A1Story20090428-137965.html
The trading hours in our exchange:
http://www.sgx.com/wps/wcm/connect/mp_en/site/trading_on_sgx/securities_market/securities_trading_and_settlement/Trading+Hours?presentationtemplate=design_lib/PT_Printer_Friendly
tiancai007 ( Date: 29-Oct-2010 21:19) Posted:
I dun understand. How can a sell down be higher than the closing px at the closing? And somemore at such huge vol of 50 million which is S$100million. Can any sifus enlighten me how this is achieve? Thanks.
elton81 ( Date: 29-Oct-2010 17:09) Posted:
today big winner is GLP... close with a 50m trade vol at 2.32 sell down... |
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BullishTempo ( Date: 29-Oct-2010 16:11) Posted:
| OCBC 3Q net profit likely +21.9% on-year |
Tags: Oversea-Chinese Banking Corp. | WRITTEN BY DOW JONES & CO, INC | | FRIDAY, 29 OCTOBER 2010 15:27 | Oversea-Chinese Banking Corp. (O39.SG) 3Q net profit likely +21.9% on-year at $548.7 million, says Dow Jones Newswires poll of 6 analysts.
Loan growth will be key for investors, especially in small-to-medium enterprise sector also, progress on state of private bank. Expect net-interest income to continue to be weak so trading and fee income will need to account for likely mortgage earnings shortfall.
“OCBC’s corporate and small-to-medium enterprise loans are likely to benefit from the pickup in system lending reported to August, and it is still too early to see a significant slowdown in mortgage volumes as a result of recent government measures to cool the housing market,” says Morgan Stanley. Results due during midday trading break Monday.
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It can either go up or go down,
regardless of sell-down or buy up at closing, on any day, including Friday...
But in times of panic/worry, it is likely for people, including funds,
to liquidate their holdings on a weekend for obvious reasons.. 
CBClow ( Date: 29-Oct-2010 21:58) Posted:
There is a sell-down for Genting SP just now... will monday be bad? or is it because people don't like to hold stocks over weekends?
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The deal was done when the price was set at 232/233. So it's a 232 selldown instead of 232 buy up. Understand? Sellers queuing at 233 and buyers queuing at 232
tiancai007 ( Date: 29-Oct-2010 21:19) Posted:
I dun understand. How can a sell down be higher than the closing px at the closing? And somemore at such huge vol of 50 million which is S$100million. Can any sifus enlighten me how this is achieve? Thanks.
elton81 ( Date: 29-Oct-2010 17:09) Posted:
today big winner is GLP... close with a 50m trade vol at 2.32 sell down... |
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There is a sell-down for Genting SP just now... will monday be bad? or is it because people don't like to hold stocks over weekends?
| Golden Agri Resources rated 'buy' by OCBC |
Tags: Golden Agri-Resources | OCBC Investment Research
| WRITTEN BY THE EDGE |
| TUESDAY, 26 OCTOBER 2010 15:15 |
OCBC Investment Research in an Oct 26 research report says: "Golden Agri Resources (GAR) is likely to see a pretty decent 3Q10 performance, aided by the recovery in CPO (crude palm oil) prices in the later half of the quarter as well as higher CPO output from its estates. "As a recap, CPO prices have recovered sharply from an average of US$791/ton in 2Q10 to around US$821/ton; and we may see further room for earnings upside in 4Q10 as well, given that CPO prices are now hovering around US$900/ton. In view of the still upbeat outlook for CPO, we are raising our CPO assumptions for both FY2010 and FY2011 and we now expect prices to average around US$825/ton and US$860/ton respectively (versus US$800/ton). "While bearing in mind the potential rise in export taxes, we also raise our earnings estimates for FY10 by 5.6% and for FY11 by 14.0%. As a result, our fair value improves to 78 cents. MAINTAIN BUY." |
There is a sell-down just now... will monday be bad? or is it because people don't like to hold stocks over weekends?
BullishTempo ( Date: 29-Oct-2010 21:21) Posted:
| Marina Bay Sands 3Q suggests competition intensifies - UOB KH |
Tags: Genting Singapore | Marina Bay Sands | Resorts World Sentosa | UOB KayHian Holdings | WRITTEN BY DOW JONES & CO, INC | | THURSDAY, 28 OCTOBER 2010 11:49 | UOB KayHian says Marina Bay Sands’ estimated 3Q10 casino EBITDA of about $278 million (after Las Vegas Sands 3Q results) “fell short of rising market chatter and expectation that MBS would pip Resorts World Sentosa this quarter.”
Notes, rolling chip volume at MBS of about $13.5 billion surpasses house estimates for Genting Singapore (G13.SG) of $11 billion, while rise in MBS’ VIP commission rates confirm view VIP segment competition intensified.
“In terms of share of Singapore’s 3Q10 casino business, we reckon that MBS would claim close to a 50% share of industry EBITDA and play intensity (total gross amount wagered in VIP and mass),” says analyst Vincent Khoo.
Adds, no change to house view Genting’s 3Q10 EBITDA will fall significantly on-quarter to $300 million-$330 million vs 2Q EBITDA of $513.9 million. Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. |
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| Marina Bay Sands 3Q suggests competition intensifies - UOB KH |
Tags: Genting Singapore | Marina Bay Sands | Resorts World Sentosa | UOB KayHian Holdings
| WRITTEN BY DOW JONES & CO, INC |
| THURSDAY, 28 OCTOBER 2010 11:49 |
UOB KayHian says Marina Bay Sands’ estimated 3Q10 casino EBITDA of about $278 million (after Las Vegas Sands 3Q results) “fell short of rising market chatter and expectation that MBS would pip Resorts World Sentosa this quarter.”
Notes, rolling chip volume at MBS of about $13.5 billion surpasses house estimates for Genting Singapore (G13.SG) of $11 billion, while rise in MBS’ VIP commission rates confirm view VIP segment competition intensified.
“In terms of share of Singapore’s 3Q10 casino business, we reckon that MBS would claim close to a 50% share of industry EBITDA and play intensity (total gross amount wagered in VIP and mass),” says analyst Vincent Khoo.
Adds, no change to house view Genting’s 3Q10 EBITDA will fall significantly on-quarter to $300 million-$330 million vs 2Q EBITDA of $513.9 million. Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. |
I dun understand. How can a sell down be higher than the closing px at the closing? And somemore at such huge vol of 50 million which is S$100million. Can any sifus enlighten me how this is achieve? Thanks.
elton81 ( Date: 29-Oct-2010 17:09) Posted:
today big winner is GLP... close with a 50m trade vol at 2.32 sell down... |
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| Star Cruises and Singapore Cruise Centre sign strategic partnership |
Tags: Genting Hong Kong | Singapore Cruise Centre | Star Cruises
| WRITTEN BY THE EDGE |
| FRIDAY, 29 OCTOBER 2010 18:33 |
Star Cruises and Singapore Cruise Centre, the cruise terminal operator, have entered into a strategic partnership that will make it more attractive for Star Cruises’ fleet to use Singapore as a hub for its cruise business.
Under an agreement signed between Genting Hong Kong Chief Operating Officer (Cruise) William Ng and SCC President/CEO Cheong Teow Cheng, Star Cruises will secure priority berthing rights at SCC’s International Passenger Terminal at HarbourFront in Singapore. The deal runs for 10 years and gives Star Cruises the commercial and financial incentives to expand its presence in Singapore at a time when its affiliated company, Resorts World Sentosa (RWS), one of two integrated resorts in Singapore, is helping to attract tourists from the region to the Republic at record levels. This July, tourist arrivals to the island reached an all-time high of one million, according to Singapore government statistics.
SCC’s International Passenger Terminal (IPT) at HarbourFront is near RWS, Singapore’s first integrated resort wholly owned by Genting Singapore PLC. The proximity of RWS to the IPT and the berthing advantage provided under the Agreement will combine to give the Genting group greater flexibility to cross-market its offerings to cruise and integrated resort customers.
SCC saw a record 900 ship calls and 1.14 million passenger throughput in 2009. |
Most likely will drop some more.... may try buying at 0.62
ShareWithMe ( Date: 29-Oct-2010 20:15) Posted:
Can anybody advise if we can buy in Golden Agri now as the price has reached a short term low of 0.650 today ?
Q3 results is expected to be out on 11 Nov , any idea whether it will be good or bad ? |
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Q3 result looks optimistic based on this article
ShareWithMe ( Date: 29-Oct-2010 20:17) Posted:
Golden Agri-Resources
Oct 26 close: S$0.68
OCBC Investment Research, Oct 26
GOLDEN Agri-Resources (GAR) is likely to see a pretty decent Q3 FY10 performance, aided by the recovery in crude palm oil (CPO) prices in the latter half of the quarter as well as higher CPO output from its estates.
As a recap, CPO prices have recovered sharply from an average of US$791 a tonne in Q2 FY10 to around US$821 a tonne; and we may see further room for earnings upside in Q4 FY10 as well, given that CPO prices are now hovering around US$900 a tonne. However, we also note that some of the shine may be dulled by news of the Indonesian government's move to raise the export tax on CPO in October to 7.5 per cent from 6 per cent in September; and given the current firm CPO prices, we can expect more export tax hikes in the coming months.
Meanwhile, GAR and its subsidiary PT Smart announced that they have been in constructive dialogue with the Roundtable on Sustainable Palm Oil (RSPO); this since the RSPO raised its concerns in letters on Sept 21 on the matter of the companies' compliance towards the RSPO rules, including the code of conduct.
Recall that Greenpeace had earlier alleged that PT Smart has developed on high-carbon stock land (peat land and primary forests) and also destroyed natural habitats - resulting in PT Smart commissioning an independent verification. PT Smart and GAR intend to publish a joint statement to disclose their action plan to address the specific concerns raised by RSPO in the week of Oct 25.
Also recall that the Greenpeace report has earlier led Unilever (the world's largest buyer of CPO) and Nestle (the world's biggest food company) to drop Smart as their CPO supplier. While any financial impact is likely to be limited (these two companies made up less than 10 per cent of its FY09 revenue), the group would need time to rebuild its reputation; but we believe that the to-be-announced RSPO action plan is a good first step.
In view of the upbeat CPO outlook, we are raising our CPO assumptions for both FY10 and FY11 and we now expect prices to average around US$825 a tonne and US$860 a tonne respectively (versus US$800 a tonne previously). We also raise our earnings estimates for FY10 by 5.6 per cent and for FY11 by 14 per cent. As a result, our fair value improves to S$0.78 (16 times FY11 EPS) from S$0.655. Maintain 'buy'.
BUY |
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Golden Agri-Resources
Oct 26 close: S$0.68
OCBC Investment Research, Oct 26
GOLDEN Agri-Resources (GAR) is likely to see a pretty decent Q3 FY10 performance, aided by the recovery in crude palm oil (CPO) prices in the latter half of the quarter as well as higher CPO output from its estates.
As a recap, CPO prices have recovered sharply from an average of US$791 a tonne in Q2 FY10 to around US$821 a tonne; and we may see further room for earnings upside in Q4 FY10 as well, given that CPO prices are now hovering around US$900 a tonne. However, we also note that some of the shine may be dulled by news of the Indonesian government's move to raise the export tax on CPO in October to 7.5 per cent from 6 per cent in September; and given the current firm CPO prices, we can expect more export tax hikes in the coming months.
Meanwhile, GAR and its subsidiary PT Smart announced that they have been in constructive dialogue with the Roundtable on Sustainable Palm Oil (RSPO); this since the RSPO raised its concerns in letters on Sept 21 on the matter of the companies' compliance towards the RSPO rules, including the code of conduct.
Recall that Greenpeace had earlier alleged that PT Smart has developed on high-carbon stock land (peat land and primary forests) and also destroyed natural habitats - resulting in PT Smart commissioning an independent verification. PT Smart and GAR intend to publish a joint statement to disclose their action plan to address the specific concerns raised by RSPO in the week of Oct 25.
Also recall that the Greenpeace report has earlier led Unilever (the world's largest buyer of CPO) and Nestle (the world's biggest food company) to drop Smart as their CPO supplier. While any financial impact is likely to be limited (these two companies made up less than 10 per cent of its FY09 revenue), the group would need time to rebuild its reputation; but we believe that the to-be-announced RSPO action plan is a good first step.
In view of the upbeat CPO outlook, we are raising our CPO assumptions for both FY10 and FY11 and we now expect prices to average around US$825 a tonne and US$860 a tonne respectively (versus US$800 a tonne previously). We also raise our earnings estimates for FY10 by 5.6 per cent and for FY11 by 14 per cent. As a result, our fair value improves to S$0.78 (16 times FY11 EPS) from S$0.655. Maintain 'buy'.
BUY
Can anybody advise if we can buy in Golden Agri now as the price has reached a short term low of 0.650 today ?
Q3 results is expected to be out on 11 Nov , any idea whether it will be good or bad ?
Ok la. Sign off liao. In the plane.
Is this bad news?
HONG KONG : Bank of China confirmed plans to raise almost US$9 billion in a rights issue in Shanghai and Hong Kong to strengthen its capital base.
yah, I was shocked too !! Hope tt next Mon, Genting Sp n MIT will also "chiong" like GLP
elton81 ( Date: 29-Oct-2010 17:09) Posted:
today big winner is GLP... close with a 50m trade vol at 2.32 sell down... |
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Help me by telling me what price to book or I give u my CFD login u play for me.
BullishTempo ( Date: 29-Oct-2010 18:21) Posted:
Err what help you need? 
cannotfind ( Date: 29-Oct-2010 18:05) Posted:
| Ok ger/bois, I got headache looking at this small BB screen. Going to take shower now.
BT, really need ur help on Sunday. I have to book a price prior to Monday as my flight is at 8.45am. |
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