Sakari   

Sakari

汽 柴 油 价 每 吨 上 调 600元 创 历 史 新 高

中 国 油 价 “破 八 ”创 新 高 发 改 委 称 原 本 应 涨 更 多

Young kids on the ELECT bikes everywhere .

 

UOB Kay Hian just recommend sell :

Sakari Resources (SAR SP, AJ1) –

 

Technical SELL with +9% potential return

 

Last price: S$2.44

 

Resistance: S$2.54

 

Support: S$2.22

 

 

SELL with a target price of S$2.22. The stock appears to be resisted by the mid band of the Bollinger and a break below S$2.42 is likely to see more selling pressure ahead. The Stochastics indicator has crossed below its signal line, suggesting there could be price weakness. Alternatively, investors may exit their shorts if prices move above S$2.54.

 

genting^2      ( Date: 20-Mar-2012 11:30) Posted: Drop to 2.43 now.

 

Drop to 2.43 now.

 

consolidation mode..looks like gg to break out if go past 2.55..

watch out for it 

DYODD

 

Cross 2.50

 

Activists file lawsuit to try to stop restart of Japanese nuclear plant

 

Of Japan's 54 reactors, only two are currently operating.

 

  While high oil prices pose downside risks for transport
stocks, beneficiaries are Oil and gas and Energy related stocks. HigherE& P
budgets fuelling the upward trend in rig utilisation rates will spur
contract flows for the sector. Our top picks for the energy sector areKepp
el (TP: S$12.34), STX OSV (TP: S$2.00), Ezion (TP$1.23) and Sakari
Resources (TP$2.70). In addition to earnings upside, these stocksoffer
attractive dividend yield. Other picks that fall into this list are Venture
and Hutchison Port.

 

TP 2.76

Feb 16 (Reuters) - OCBC Investment Research has upgraded Singapore-listed coal producer Sakari Resources Ltd to buy from hold and raised its target price to S$2.76 from S$2.06.

By 0142 GMT, Sakari shares were down 0.4 percent at S$2.50.

 

STATEMENT:

OCBC said it upgraded its recommendation on Sakari on the back of the firm's strong fourth-quarter results and latest output guidance for 2012, coupled with an expected dividend yield of 5 percent.

Sakari's fourth-quarter net profit surged 139 percent to $73 million from a year ago, as sales of higher-value coal from the Northern Leases at Sebuku in Indonesia's Kalimantan helped to lift average selling price to $100 per ton.

For this year, Sakari further expects Sebuku's output to increase from 1.8 million tonnes to 2.5 million tonnes. The output at Sakari's Jembayan mine in east Kalimantan is slated to pick up in the second half of 2012 as new pits come online, OCBC said.

But OCBC warned of rising cash costs as energy prices are seen staying relatively high. (Reporting by Eveline Danubrata Editing by Anshuman Daga)

 

what's the target price  for sakari anyone ? 

 

I am still losing money. I need it to cross 2.51

 

A golden opportunity for u to offload if u r into profit..I hv no position.

genting^2      ( Date: 13-Mar-2012 11:18) Posted: 2.47

 

genting,genting,   are u watching?

 

2.47

 

you trigger short at 2.42?

 

This is a downtrend stock. Short triggered at $2.42... Just rem to place yr stop-loss price in case it goes against yr trade..

genting^2      ( Date: 12-Mar-2012 16:10) Posted: Hopefully you are not shorting it.

 

Hopefully you are not shorting it.

 

don't think $2.40 can hold for long. $2.35 is coming..

genting^2      ( Date: 12-Mar-2012 15:54) Posted: Seems like strong support at 2.40-2.41

 

Seems like strong support at 2.40-2.41

 

 

The critical price level is almost there. I think more likely it will go down...

New123      ( Date: 10-Mar-2012 17:12) Posted: from TA is a down trend stock . If u are longing this stock. take note of $2.40 . breaking below $2.40 will drop further... genting^2      ( Date: 09-Mar-2012 12:30) Posted: Any reason for that/

 

from TA is a down trend stock . If u are longing this stock. take note of $2.40 . breaking below $2.40 will drop further...

genting^2      ( Date: 09-Mar-2012 12:30) Posted: Any reason for that/