
Anyone has any opinion on whether it is a good time to enter? The MACD line seems to be crossing today. Volume is higher today and stochastics seems postive too.
3.35 tomorrow possible?
Hyflux is testing a critical resistance at $3.20 now.
http://mystocksinvesting.com/singapore-stocks/hyflux/hyflux-testing-78-6-fibonacci-retracement-resistance/
hmm...seems like price under pressure as no new deal announced over the World Water week siah?!?! SHORT ?!?! :P
oh u wan extension some more..
can be arranged...didn't know u have a penchant for such fetish...hahaha
er...overnight package inclusive? hee... :D
ozone2002 ( Date: 18-Jun-2010 11:31) Posted:
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Tat is first price? haha, I'd rather take 2nd then.
ozone2002 ( Date: 18-Jun-2010 11:31) Posted:
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i agree hyflux is quite a darling in our market. surprisingly, it always trade at the top end Pe's among her peers. Just make one wonder if the megachurch she attends, is backing her. Would be nice to have plenty of rich religious people backing your counter.
well done..
for that u win 1st prize..
a date with olivia lum...hahaha
ok covered back at 3.32 !! revenged my lost yester !:P
nickyng ( Date: 18-Jun-2010 09:03) Posted:
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shorted again tis morning10x $3.37 !! wish me luck ! :P never say die! :P
nick i think u neva read my post la..tat's y u short..keke
ozone2002 ( Date: 15-Jun-2010 10:23) Posted:
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this burger sure went down FAST and SHOOT up even faster too! :P darn...shld hv contract instead of shorted today hor? haha.... :P
i think this burger may have some news coming soon...hmm..somethg is brewing :P
Win some, lose some. mkt crabbing sideways.
cut at 3.21 %@#%!$#$!#$ :(
nickyng ( Date: 17-Jun-2010 09:47) Posted:
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have any1 shorted this burger?!??! hee...i did !! @$3.19 x10 :P wish me luck !!
Hyflux Ltd could see a potential near-term catalyst coming from the 3rd Singapore International Water Week (SIWW) to be held in late Jun, which event organizers have announced that they expect a record turnout at the event this year. More importantly, we believe that the event could see Hyflux inking deals for more water-treatment projects. As a recap, the SIWW event last year resulted in over S$2.2b worth of contracts being signed, which included Hyflux’s Libyan contracts (estimated at S$1.5b). Currently, Hyflux is still sitting on an impressive order book, which we estimate to be around S$1827m (S$727m for EPC, S$1100m for O&M) as of end-Mar. Given Hyflux’s proven track record, we believe that securing more contracts should not be an issue. Maintain BUYwith S$4.19 fair value (based on 25x FY10F EPS).
look at other laggard water stocks like sinomem, utdenviro, soundglobal to capitalize on the SIWW
Hyflux is testing an important resistance now. The chart looks bearish if Hyflux fails to break this resistance.
http://mystocksinvesting.com/singapore-stocks/hyflux/can-hyflux-break-this-resistance/
Shares of Hyflux have fallen 20% m-o-m and currently trade
at –1SD of 17x FY10 earnings, which is seen as an attractive
entry level. Near term catalysts for the stock are potential
contract win from Singapore’s 2nd desalination plant, new
wins from MENA and China as well as the conclusion of the
SGD1-1.4bil Libyan contracts in H2 that provides visibility up
to 201. Hyflux is unaffected by developments in Europe and
US and has little exposure in China. Our research analyst
upgrades the stock to Buy from Hold TO: $3.50.
up another 7c... now 3.17...
water treatment chiong!