Keppel
Last:7.44
+0.06
keppel Corp
Post Reply
601-620 of 2153
Closed with a bearish engulfing candle. Almost at its 52 week low. For long term invest, maybe can consider holding for dividends.
This counter is favourite play and swings widely. Who knows what happens next.
Is this stock over sold? Price is so attractive compared to just 1-2mths ago.
This very Blue chip is trading way below value.
Dividend is easily more than 6% correct?
Keppel Corp Ltd announced that Keppel Offshore & Marine Ltd (Keppel O& M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd.
http://sgsharemarket.com/home/2011/09/singapore-company-highlights-14092011/?=KepCorp
On Tuesday, Kepcorp re-test the resistance at $8.86 and closed at $8.52 with LOW volume of 5.73 million shares traded.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Kepcorp: $8.86
Immediate Support of Kepcorp: $8.42
Currently prices are resisted by the 20 days MA at $8.86
Since 8/Aug, prices have been.................. READ MORE
KepCorp: Credit Suisse maintains O/p Call with $14.60 TP. House has also initiated today on Bumi Armada with an O/p rating TP Rm4.40.
Bumi Armada (BAB) is a Msia-based international O& G services provider, and is aiming to become the world’s fourth-largest FPSO operator (by fleet size) by end- 2013. To maintain its target, believe grp would have to secure more FPSO assets. House expect Keppel to benefit from BAB’s growth into a global offshore player as the Co’s key FPSO conversion yard.
Previously, Keppel delivered the Armada Perkasa (1997), Armada Perdana (2009), and Armada Perwira (2011). House expect the Armada Prima's contract with Apache to be firmed up in 4Q, and the conversion contract with a yard to be awarded soon after. Following recent share price weakness, KepCorp is now trading at 2011 P/E of 10.7x, -1SD below historical average.
not moving up leh. Time to short
sembmar to follow closely
Kepcorp & Sembcorp ..... signs of strong upward reversal ?
Rising now. Looking for price to short.. :D
stocksburntme ( Date: 07-Sep-2011 11:19) Posted:
| most counters are in green except O& M counters.....sigh~~ |
|
most counters are in green except O& M counters.....sigh~~
Looks like not much strength.
Extracted from the OPEC World Oil Outlook 2010.
" Oil price assumptions largely reflect economic recovery and upstream costs
Making assumptions for future oil price developments is complicated by the dramatic
price turbulence in 2008–2009 and the fact that this was not driven by fundamentals.
The combined impacts of the global financial and economic crisis, the accompanied
fall in oil prices, and with costs having settled at considerably higher levels than in the
past, brought new challenges for the oil industry. With the recent gradual economic
recovery, however, and a return to an upward trend in upstream and downstream full
cycle costs, the low prices observed at the end of 2008, as well as those a decade ago,
are now regarded as unsustainably low. Prices must be sufficiently high to provide an
incentive for the incremental barrel to be developed and supplied. Equally, sustainable
oil prices cannot be so high as to impair global economic growth. Noting these
perceptions, the Reference Case assumes a nominal price that remains in the range
$75–85/b over the years to 2020, reaching $106/b by 2030. It is important to stress
that this does not reflect or imply any projection of whether such prices are likely or
desirable. "
with this one can see OPEC has long term plan to preferred price range of $75 to $85 /b until 2020.
That was to allow for sufficient investment $ to discover more oil.
What type of conclusion one can draw about companies that are related to Oil? till 2020 till 2030?
Japan has already learn their lesson on energy cost and now want to stock up oil at such low cost.
as for trend I saw 15 min chart moving positive. but daily/weekly/monthly chart remains negative. but everything start from the very short term.
No amount of recommendation will change the trend of the market ...
susan66 ( Date: 06-Sep-2011 11:11) Posted:
|
Keppel Corp Ltd – BUY (UOBKH)
Strong support seen at S$8.50 with a target of S$10.00…
Agree, eventhough broking houses recommend buy but today selling down again, should breakdown soon, don't think it will hold. 
wisann ( Date: 06-Sep-2011 10:53) Posted:
There is a strong support at 8.4
If that breaks, there will be more downside. |
|
|
|
Keppel Corp Ltd – BUY (UOBKH)
Strong support seen at S$8.50 with a target of S$10.00…
Agree, eventhough broking houses recommend buy but today selling down again, should breakdown soon, don't think it will hold.
wisann ( Date: 06-Sep-2011 10:53) Posted:
There is a strong support at 8.4
If that breaks, there will be more downside.
EdwardLiu ( Date: 06-Sep-2011 10:37) Posted:
| Look like this counter may break 8.50 today. . |
|
|
|
There is a strong support at 8.4
If that breaks, there will be more downside.
EdwardLiu ( Date: 06-Sep-2011 10:37) Posted:
| Look like this counter may break 8.50 today. . |
|
Look like this counter may break 8.50 today. .
This one in my radar screen. Once the market improves, this counter will rebound.
Not to worry. You can also sell off market or key in again for the next trading day.
Happy trading.
wisann ( Date: 05-Sep-2011 18:14) Posted:
Market is closed by the time I clicked the sell button. Hmph.. Will see tomorrow if there is any good entry price. |
|
