
...Wilmar at current price $3.08...like so attractive... year low is $2.99...
Assuming those who did short with CFD, when do they have to cover their positions ?
...Married Deal:  Vol: 2,500  Value:$7,915,000  ie $3.166/share Prev Close: $3.14...
CIMB
ASEAN: Plantations - The planters’ links to the haze
The Indonesian Environment Ministry has started investigating plantation companies that it suspects have contributed to the haze by burning their land. This is negative for the planters involved as it will hurt their corporate image. Also, planters who are involved in starting forest fires may face legal action. If the haze situation worsens and lasts for a period of time, palm oil supplies may be crippled as harvesting and pollination activities at the estates may be affected. This may result in lower palm oil supplies and higher prices in the medium term. We maintain our Neutral rating. Our top picks are First Resources, IOI Corp and Wilmar.
http://www.remisiers.org/cms_images/research/Jun24-Jun28_2013/2406_CIMB_SG_Daybreak.pdf
Phillip Securities
WILMAR INTERNATIONAL LTD Nicholas Ong    Accumulate 3.70    13.8%
 
Base on the past short trade records, strongly believe there are many short positions still have yet to cover , some BBs may just push up the price to trap those still have open short positions.
Cannot be ruled out seriously.
risktaker ( Date: 23-Jun-2013 12:24) Posted:
|
Hi bro thks for your reply. Regarding the SGX script buying. Can I say that if today I did not manage to buy back after short selling. If tmr I manage to buy back before SGX fail to cover back. Will I still get fine?
risktaker ( Date: 23-Jun-2013 12:22) Posted:
|
Goldman n morgan trying to be funny?....
Octavia ( Date: 22-Jun-2013 14:46) Posted:
|
To anwser u ?...
1) if u short and failed to cover back the same day.... ur shorted script will be buyin by sgx and sgx fail to cover back by then there will be a fine...
2) & 3) as long as u indicated you shorted ..... it will be appear in the sgx short sell list....
4) u can short as long as u want...
5)& 6 like i say in question 2& 3
Your last question...  
 
  no u cant use cpf to short....
 
 
 
beginners ( Date: 23-Jun-2013 10:58) Posted:
|
Still not very clear of short selling. Anyone can correct me if I am wrong
1) if using own $ short selling must buy back within the same day, if not will be fine.
2) If those that never buy back successfully will it appear in SGX short sell list?
3) If successfully buy back will it appear in SGX short sell list?
4) if using CFD short selling even did not buy back within the same day will not get fine?
5) if using CFD short selling & never buy back on the same day will it appear in the SGX short sell list?
6) if using CFD short selling & buy back on the same day will it appear in the SGX short sell list?
6) can use CPF for short selling?
Thanks.
1) if using own $ short selling must buy back within the same day, if not will be fine.
2) If those that never buy back successfully will it appear in SGX short sell list?
3) If successfully buy back will it appear in SGX short sell list?
4) if using CFD short selling even did not buy back within the same day will not get fine?
5) if using CFD short selling & never buy back on the same day will it appear in the SGX short sell list?
6) if using CFD short selling & buy back on the same day will it appear in the SGX short sell list?
6) can use CPF for short selling?
Thanks.
All  the short sell related questions can be found here:
http://www.sgx.com/wps/portal/sgxweb/home/marketinfo/marking_of_sell_orders
jackson5 ( Date: 22-Jun-2013 22:33) Posted:
|
Many thanks Octavia and all.
What puzzle me is how do SGX know these are short sales , SGX access the respective CDP accounts ?
Good buy now?
Crude palm oil futures on Malaysia’s derivatives exchange rise to a one-week high, buoyed by increased shipments as buyers stockpile ahead of the Muslim fasting month that starts in July, market participants say.
Cargo surveyor SGS says June 1-15 palm oil exports are up 15.7% on month at 707,148 tons on higher shipments to Pakistan and China. However, a weaker macroeconomic environment and increasing global vegoil supplies may cap gains, Citi Research says in a note.
" Unless export momentum grows more strongly in the next few months, inventories may start rising again post-Ramadan July" as the sector moves into a seasonally higher production period.
Benchmark August CPO ends 0.9% higher at MYR2,459/ton after hitting MYR2,467/ton, the highest since June 10. CBOT August soyoil is up 0.4% at 48.62 cents/lb in screen trade.
Cargo surveyor SGS says June 1-15 palm oil exports are up 15.7% on month at 707,148 tons on higher shipments to Pakistan and China. However, a weaker macroeconomic environment and increasing global vegoil supplies may cap gains, Citi Research says in a note.
" Unless export momentum grows more strongly in the next few months, inventories may start rising again post-Ramadan July" as the sector moves into a seasonally higher production period.
Benchmark August CPO ends 0.9% higher at MYR2,459/ton after hitting MYR2,467/ton, the highest since June 10. CBOT August soyoil is up 0.4% at 48.62 cents/lb in screen trade.
Those who naked short on friday and try to buy back at the end of the day must be feeling the pain.A 10 lot trade will easily cost the shortist 1k loss at least.A swing of 10c was noticed at the preclosing.
Frankly speaking I dont really see this short sell report nowadays.This is with the understanding that the short sell trade were supposed to be covered before end of the trading day.Unless he/she is prepared to be penalised.If any, the  % should be very small.As far as I know, this  report do not include  the CFD account holder which is not track under here.
biturbo ( Date: 22-Jun-2013 10:52) Posted:
|
Jackson 5,you can see the daily short sell report here:http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=11272& searchString=& msgbdName=Others& topicTitle=Daily
jackson5 ( Date: 22-Jun-2013 13:29) Posted:
|
JAKARTA (REUTERS) - Indonesia on Friday blamed eight companies, including Singapore's Sinar Mas and Asia Pacific Resources International (APRIL), for fires raging on its island of Sumatra that have sent hazardous levels of smog to neighbouring Singapore.
" The majority of hotspots in Riau (province) are inside APRIL and Sinar Mas concessions," senior presidential aide Kuntoro Mangkusubroto told Reuters.
The environment minister said not all eight companies were Singapore based, but declined to name the rest of them.
" The majority of hotspots in Riau (province) are inside APRIL and Sinar Mas concessions," senior presidential aide Kuntoro Mangkusubroto told Reuters.
The environment minister said not all eight companies were Singapore based, but declined to name the rest of them.
Hi biturbo,
  Please advise where can we see the short sale value ?
Tried to search  in SGX webside but to no avail. Thanks.
biturbo ( Date: 22-Jun-2013 10:52) Posted:
|
Short sale value on Friday was 38.8 million !! almost 4 times of Thursday's short sale value !!
Scary counter... Think got pumped up all the way to 5pm and then pushed down the closing price... SART
Will avoid this counter until can see the roads ahead..haze didnt help either... if found evidence linked to haze then good luck... below 3 coming...