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10:15AM: Dow tumbles as much as 528 points after dour global forecast and economic data. More
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=6810& msgbdName=Otto Marine & topicTitle=OtTo MaRiNe
I m a small smaller smallest players, no doubt it cheap now, OTTO boss has bot several hundred lots..:)
Let C, how players play 1st, got to respect mkt - down turn hav not completed yet on tis volatile wk.
teeth53 ( Date: 10-Aug-2011 13:35) Posted:
Day after August 2, 2011. Debt default crises is settle, ripple effect taking it toll.
http://money.cnn.com/news/specials/debt-crisis/
teeth53 ( Date: 17-May-2011 22:23) Posted:
America's Debt Crisis We will have another crisis...By Penelope Wang May 17, 2011: 7:37 AM ET
 Robert Rodriguez, CEO of the FPA investment house, says there are plenty of risks out there and that investors have not learned the lessons of the past few years. |
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How GE is play out in May General election, it has nothing got to do with how people's and ordinary folks will vote...on how Singapore is to be rule on party ideology.
The president elected is more a consultative rather then combative. (check n balances on govt) It is mean for unity, to united today various diversities group view and opinion. The right, the left and the middle ground.
Oni one that can speak four languages has the best hope, is there one..?. " Why you need one to speak 4 languages?"
The elitees role: There is one and oni one cannot speak other languages, except English was trying to win all Malay, Chinese, and Indian fren...plus all the king men...Ai ai sir.
The oppostion role: There is one who depending on combative role for president to check and balance what govt does....  with help personnally from Nicole Seah, plus some other oppositon who fail to be elected as MPs - still thinking this is something like GE...
The ground shifter: yet there is one who just mentioned 1 2 shift the presidential ground, err.... did I heard wrongly on TV..?.
The insurance man: and the last and oni one who just spoken in English...Ya, his English is not that good or speak perfect English, is asking us to give him a chance to show his, his personnal worthiness to be elected as president... 
I guess anyone who can win is oni just about that much, just by a few percentage oni.
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It has happened after Aug 2, actually it was sell down on Aug 5, 2011. And now again.
http://money.cnn.com/2011/08/18/markets/premarkets/index.htm?iid=MPM
August 18, 2011 - U.S. stocks were headed for a sell-off Thursday, tracking steep declines in across world markets, after Morgan Stanley cuts its forecast for global economic growth.
A gloomy report from Morgan Stanley intensified fears over a slowing global economic recovery. The investment banks slashed its global growth outlook for 2011 and 2012, adding that the United States and Europe are " hovering dangerously close to a recession."
Economy: Investors will get weekly jobless claims, and the July consumer price index from the Labor Department at 8:30 a.m. ET.
Weekly jobless claims are expected to increase by 5,000 claims to 400,000, while inflation is expected to remain tame -- rising 0.2% after falling 0.2% in June.
At 10 a.m. ET, investors will get July existing home sales, the August Philadelphia Fed index and July leading economic indicators.
teeth53 thot: DOW heading for yet another selling..hope it pre-market is wrong...
http://money.cnn.com/data/premarket/
| Dow |
-228.00 / -2.00% |
| Level |
11,153.00 |
JUNWEI9756 ( Date: 18-Aug-2011 20:40) Posted:
Phase 2 of heavy selling tonight ? Hopefully we dont see some 350million shares exchanging hands tonight in DOW.
iPunter ( Date: 18-Aug-2011 20:14) Posted:
I have this nasty vibes that the market may be dropping like sheet again soon.
Which can bring the jitters even to those with steady nerves of steel.
But all's left to be seen, since all people are merely betting on the outcome..  |
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http://money.cnn.com/2011/08/18/markets/premarkets/index.htm?iid=MPM
August 18, 2011 - U.S. stocks were headed for a sell-off Thursday, tracking steep declines in across world markets, after Morgan Stanley cuts its forecast for global economic growth.
A gloomy report from Morgan Stanley intensified fears over a slowing global economic recovery. The investment banks slashed its global growth outlook for 2011 and 2012, adding that the United States and Europe are " hovering dangerously close to a recession."
Economy: Investors will get weekly jobless claims, and the July consumer price index from the Labor Department at 8:30 a.m. ET.
Weekly jobless claims are expected to increase by 5,000 claims to 400,000, while inflation is expected to remain tame -- rising 0.2% after falling 0.2% in June.
At 10 a.m. ET, investors will get July existing home sales, the August Philadelphia Fed index and July leading economic indicators.
DOW heading for yet another selling..hope it pre-market is wrong...
http://money.cnn.com/data/premarket/
| Dow |
-228.00 / -2.00% |
| Level |
11,153.00 |
teeth53 ( Date: 29-Jul-2011 21:35) Posted:
Dow kena hit by air turbulence, there after Aug 2, 2011. More air turbulence, and after come d sunshine.
http://money.cnn.com/2011/07/29/markets/premarkets/index.htm?iid=Lead
STOCKS HEAD FOR SELL-OFF
9:03AM: Stocks set to fall at the open, after GDP came in at worse-than-expected 1.3%. More
teeth53 ( Date: 27-Jul-2011 23:06) Posted:
Bet on U.S. default next week?, betting worth $4.8 billion on a U.S. default..??. http://money.cnn.com/
(CNNMoney) -- Wall St is often likened to a big casino for obvious reasons. at least a few financial players are looking to cash in on such a bleak turn of events.
A small camp of investors are betting that the U.S. government will default on its debt, and they're putting $4.8 billion of their chips on the table.
In the event of a default, that's how much financial firms will have to pay out to investors who bought credit default swaps against the U.S. govt, according to figures from the Depository Trust and Clearing Corp. |
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Our past mid month liao, Angmo oso going to past...
http://money.cnn.com/2011/08/18/markets/premarkets/index.htm?iid=MPM
August 18, 2011 - U.S. stocks were headed for a sell-off Thursday, tracking steep declines in across world markets, after Morgan Stanley cuts its forecast for global economic growth.
A gloomy report from Morgan Stanley intensified fears over a slowing global economic recovery. The investment banks slashed its global growth outlook for 2011 and 2012, adding that the United States and Europe are " hovering dangerously close to a recession."
des_khor ( Date: 31-Jul-2011 00:46) Posted:
Haha !
teeth53 ( Date: 30-Jul-2011 13:53) Posted:
| Angmo hell gate will open on Monday nite, our will open tonite... |
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It's a preference to tell between two agreed parties to arrive at...X deal, in this incident, it was settle at 0.36 cents.
Is to indicate their preference to motivate would be buyer / seller to change hand at oe even higher then 0.36c.
However market starting to wade, usually before closing and many sellers is willing to sell at 0.355c. (Bid)
Richman ( Date: 18-Aug-2011 13:24) Posted:
This is a deal by BB usually is unknown
Salute ( Date: 18-Aug-2011 12:25) Posted:
| what cause the transaction to be X in 1206hr in this counter instead of B or S. anyone know? |
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Many X deal is done on 0.360c, yet many sellers sold at 0.355c, especially after trading hours.
| Sheng Siong |
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.335 |
.355 |
+.015c |
+4.4% |
Vol-100,589,000 |
70,000 |
0.355 |
0.360 |
8,621,000 |
Hi-0.365 |
Lo-0.335 |
xing78 ( Date: 18-Aug-2011 15:51) Posted:
I do not favor holding Sheng Siong for long term investment.
Unless they start expanding out of Singapore (properties investment?), it is difficult to expect any spectacular earnings % gains YoY.
This would hold true, if the Singapore Government has a policy in place to limit the number of foreign workers after the massive influx that occurs from past few years.
A pump and dump counter in my opinion.
Good Luck :p
francisd ( Date: 18-Aug-2011 15:00) Posted:
Singapore Hot Stocks-Sheng Siong rises on defensive play
SINGAPORE, Aug 18 (Reuters) - Shares of Singapore supermarket operator Sheng Siong rose as much as 7.4 percent on Thursday, one day after it made its trading debut, on hopes that its business is recession-proof and on the company's promise of a relatively high pay-out.
At 0357 GMT, Sheng Siong shares were up 4.4 percent at S$0.355, which was 7.6 percent above its IPO price of S$0.33.
Nearly 70 million shares had been traded.
" It's a defensive business. Recession or no recession, the business will still be doing all right because they are selling daily necessities," said a local trader.
The company's plan to distribute up to 90 percent of its net profit for 2011 and 2012 may also have lured some investors in search of a relatively high pay-out, traders said. |
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Four presidential hopeful campaign had started, starting from P.A. office with their supporters.
 Published: 18 Aug 2011 0001 hrs The four presidential candidates have unveiled their election symbols, which will be printed on the ballot paper.
teeth53 ( Date: 15-Aug-2011 00:30) Posted:
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Otto Marine Last:0.146 Vol:682k  -0.0010
Wed Aug 17. Hopefully, BBs like him must buy again to support his own firm if it prices continue to goes down.
pharoah88 ( Date: 16-Aug-2011 17:44) Posted:
Tuesday: 16 August 2011 CLOSING
S$0.147 + S$0.001
Otto Marine has faced many challenges in the past year or so, and its stock price has fallen hard.
So hard that it has appeared to be a bargain to its chairman, Yaw Chee Siew, who stepped up last week to buy the company’s shares for the first time.
He bought 453,000 shares [S$0.014393] in his own name, the only shares in his own name.
He has a deemed interest in another 1.2 billion shares, or 63.38% of the company.
Otto Marine has just reported a $40.9 million loss in 2Q compared to a $17.3 million net profit in the previous corresponding quarter.
The 1H was a loss of $36.8 million, primarily due to:
(1) shipbuilding segment – lower revenue recognition ($68 million) and reversal of profit due to termination of the sales contracts for two large AHTS vessels ($21 million)
(2) geophysical segment – lower utilisation of seismic vessels ($13 million) resulting from increased mobilization time and
(3) other income/expenses – mainly increased losses arising from fair value changes of foreign exchange forward contracts ($9 million).
The above were partially offset by a decrease in foreign exchange losses ($31 million) as well as a decrease in reversal of profit for vessels sold to associates ($4 million). |
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M.U. IPO here, oni BBs will benefit like PL, small boys will, as usual lost all their money. Then U can see and read PL is no-1 richest man in S'pore Rich list.
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Greenshoe can buy upto 45 million shares when chip is down...
Closed at 0.340c, today it hit low of 0.310c and high of 0.350c, with exception of several deal, there were many retailers buying into Sheng Siong at 0.34c
| Sheng Siong |
CPF |
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0.320 |
0.340 |
0.000 |
0.0 |
Vol - 92,341,000 |
JJSeng ( Date: 17-Aug-2011 09:58) Posted:
Haha...0.345 done with 3015 lots
teeth53 ( Date: 17-Aug-2011 09:35) Posted:
| So far...no BBs, the biggest deal changed hand n another X deal done...
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So far...no BBs, the biggest deal changed hand n another X deal done...
teeth53 ( Date: 17-Aug-2011 09:24) Posted:
SS started trading on it 1st trading day, didn't able to hav kopi $$ for investors faithful after hitting a low od 0.310c, now trading just 0.005c above it offer price of $0.330c
| Sheng Siong |
CPF |
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0.320 |
0.335 |
0.000 |
0.0 |
Volume-22,613,000 |
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SS started trading on it 1st trading day, didn't able to hav kopi $$ for investors faithful after hitting a low od 0.310c, now trading just 0.005c above it offer price of $0.330c
| Sheng Siong |
CPF |
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0.320 |
0.335 |
0.000 |
0.0 |
Volume-22,613,000 |
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Yes it did break, break down, not break out....on Tues 16-08-2011.
Yangzijiang Last:1.105 Vol:25787k -0.02
ianong ( Date: 12-Aug-2011 10:04) Posted:
| Will this break the resistance of 1.185? I'm getting impatient. |
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teeth53 thot: Rating agency is giving themself some breathing space, especially in hitting back at S& P...
http://www.bloomberg.com/news/2011-08-16/s-p-downgraded-in-treasury-trading-after-upgrading-communist-rule-in-china.html
S& P, the largest ratings provider, resulted in an upgrade of U.S. securities as the American bond market outperformed world bond indexes during the period since the downgrade by S& P. Moody’s Investors Service and Fitch Ratings, the two next biggest rating companies, affirmed their AAA rankings on the U.S.
Eleven days after lowering the credit rating on the U.S. for the first time, Standard & Poor’s is suffering a downgrade among global investors.
As American bonds are proving world beaters -- undermining S& P’s mathematical assumptions -- and prompting disbelief among political scientists months after the company upgraded China because of the stability fostered by Communist Party rule.
Since S& P, the New York-based subsidiary of McGraw-Hill Cos., dropped the U.S. to AA+ from AAA on Aug. 5, the yield on the 10-year Treasury note, a benchmark for everything from home mortgages to car loans, has declined to as low as 2.03 percent from a high this year of 3.77 percent, with American debt on pace in August for the biggest monthly gain since December 2008.
Interest rates on American bonds are lower today than on most of the countries with AAA ratings by S& P and the Treasury recently financed its outstanding debt at the lowest cost ever.
teeth53 ( Date: 07-Aug-2011 11:08) Posted:
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DOW saw the biggest fall on Thursday of more then 4%, a black Friday morning for us, lead by HK and Japan.
Stocks took wild ride, as investors remain nervous about a global slowdown. News that Italy may have agreed to budgetary reforms helped lift markets in afternoon trading. More
teeth53 ( Date: 29-Jul-2011 21:35) Posted:
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The price for greenshoe to buy is when price start to fall....can buy up to 45 million share.
so be preparing for anything, in case price fall, say down to $0.295c - $0.300c.
teeth53 ( Date: 16-Aug-2011 20:16) Posted:
Very likely like Malacca Trust, first in d morning - Stag, then profit may not be better co's this week extreme volatile trading week, up, down down and up ....down.
Richman ( Date: 16-Aug-2011 19:06) Posted:
You ask Ah Lim what is the target price
Hehehe.....
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Eventually like 800 super...33c going for 22c...
After preparing to buy up to 45 million their own share, greenshoe effect...
Anything more then 45 million share, need to ask their own kakis to come out their own money play shares.
iPunter ( Date: 16-Aug-2011 21:05) Posted:
If you apply for 9 lots, you get 1 lot...
If you apply for 10 lots, you get 8 lots...
evolute8 ( Date: 16-Aug-2011 20:51) Posted:
| does that mean if someone applies for 1 or 2 or 3 or 5 or 9, will only get one lot?
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There after more like 800 super.....
Most share is cheap, very cheap now, then many think can go in and come out fast. There will be some winning abit and some losses alot.
teeth53 ( Date: 16-Aug-2011 20:16) Posted:
Very likely like Malacca Trust, first in d morning - Stag, then profit may not be better co's this week extreme volatile trading week, up, down down and up ....down.
Richman ( Date: 16-Aug-2011 19:06) Posted:
You ask Ah Lim what is the target price
Hehehe.....
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I m a small smaller smallest players, no doubt it cheap now, boss has bot several hundred lots..:)
Let C, how players play 1st, got to respect mkt - down turn hav not completed yet on tis volatile wk.
teeth53 ( Date: 08-Aug-2011 10:18) Posted:
Nothing to do with this result either, This week mkt, (pre-national day rally -red color) is very bad.
now trading lower to $0.155c -0.016c or -9.4% lost, on volume 703 lots.
teeth53 ( Date: 28-Jul-2011 22:49) Posted:
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Very likely like Malacca Trust, first in d morning - Stag, then profit may not be better co's this week extreme volatile trading week, up, down down and up ....down.
Richman ( Date: 16-Aug-2011 19:06) Posted:
You ask Ah Lim what is the target price
Hehehe.....
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