Keppel    Last:7.44    +0.02

keppel Corp

this fellow should start to perform soon, last friday drop from 9.03 to 8.85 .... before closing able to catch back to $9 again .... sth is brewing ?

 

 

Don't miss this boat again - tender news on 28 rigs is coming out once Petrobras funding issue is settled with this massive US$65 Billion share sales - to pay for deposit etc etc.....

http://www.reuters.com/article/idUSTRE6821FX20100903

(Reuters) - Brazilian state oil company Petrobras on Friday filed to sell up to $64.5 billion of new stock -- the largest in capital markets history -- sending its stock sharply higher after months of uncertainty that dragged on its share price.

Read between the lines.....PM Lee hinted 70% chance at ND Rally (ie Spore World Class rig builders can get abt 19 out of 28 rigs).

 

Kepcorp was given a free advertisement in the recent speech......how do the local view it is always with a pinch of salt.......what interests me is how do the foreign investors view it.

 

 

ha ha  did not buy.....this counter.

 

Jack-up market is down and Keppel is the best in it. There are not many players ordering Semi's and very few conversions of FPSO. The Petrobras tenders have been deferred for floaters till election is over in Brazil. This counter will drop for the remaining part of this year.

 

better drop it.

 

wah .. kep corp drop alot today .....

 

On Thursday, Kepcorp re-tested its support at $9 and closed at $9 with LOW volume of 3.33 million shares traded.

A black candle sticks with short upper/lower shadow indicates that the rally has lost its momentum as the prices break the resistance at $9 unconvincingly.

RSI & MACD are bullish as RSI continue to trend upwards.

Important Resistance of Kepcorp: $9.31

Immediate Support of Kepcorp: $9

Currently prices are well above the 20/50/100/200 days MA.

As of now, Kepcorp is still supported on the rising trend lines although prices seem to be shaky above the $9 resistance turn support.

We would suggest watching the support at $9 and see if prices can be supported at that level for trading opportunities especially if you have miss the previous buying chance at $8.69.

SEE ANALYSIS FOR COSCO


But do note that the resistance at $9.31 will be a tough nut to crack.

 

wow, kep corp can try ?

 

more to come in near terms

 

Yes this counter can be volatile, nobody talk then drop all the way to $8.69, very good price to accumulate! On the same day, cheong up to $8.95 in 1 day, so never panic, must hold tight! Anyone noticed the big big volume causing it to gap up 10cts at the last minute? Wonder who did that??  But anyway thanks a lot!!

 

 $8.95 +7c Today no one says good thing also can go UP.  High Vol 6m+

Jackpot2010      ( Date: 30-Aug-2010 11:03) Posted: PM Lee talk good about KepCorp on Sunday National Day Rally, now KepCorp up +12c to near $8.97. IF MM Lee also say something good, then >$10 easily...

 

R3 $9.47

R2 $9.18

R1 $8.91 - coming close

I predict the Max this stock can go is $9.70 and not that fast to $10

 

ok....thank u......will wait......goodluck !!!!

 

I don't have any news yet only based on TA. Next resistance should be around $9.00, if able to break will reach $9.48 very soon. I feel $10.00 will come soon but must have patience.  Congrats!  

ronnie.ang      ( Date: 30-Aug-2010 13:09) Posted: Susan66 what is the resistance? Any news on the tender of 28 rigs? Vested too at 8.77

 

Susan66 what is the resistance? Any news on the tender of 28 rigs? Vested too at 8.77

 

No wonder up so much, lucky vested since $8.73 in time to continue to ride up. Congrats for those vested.

 

PM Lee talk good about KepCorp on Sunday National Day Rally, now KepCorp up +12c to near $8.97. IF MM Lee also say something good, then >$10 easily...

 

Today's low is 8.65...

 

I only trade on price...

    Not 'fundamentals', which is pure opinion... 

          hehehe...

iPunter      ( Date: 16-Aug-2010 21:33) Posted: I will grab some lots @8.40...