The closing price will have to depend on the mood of the market beast...

     which no one can predict or foresee.

          Our (traders) duty is only to tackle the market beast's unpredictable moves...

Olam is the black sheep in my portfolio! Haha.

And my GSP 2.27 contra lots! Luckily I bought 2.09 just now with another account and sold off. No need to Loss overall!

OCBC come and fetch me liao! Don't know if should jump in!

Tags: DBS Vickers Securities | Noble Group

WRITTEN BY THE EDGE

THURSDAY, 11 NOVEMBER 2010 10:46

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail DBS Vickers Securities in a Nov 10 research report says: "Noble booked 3Q10 net profit of US$157.2 million (+19% y-o-y), bringing 9M10 earnings to US$358.1 million (-24% y-o-y) - representing 82% of our initial full year forecast, therefore ahead of our expectations. "3Q10 revenue of US$14,938 million (+79% y-o-y, 16% q-o-q) was a record, as energy segment revenue rose 23% q-o-q to US$9.8 billion while agriculture revenue jumped 26% to US$3.5 billion. 3Q10 SA&O expenses came in lower than expected and accounted for only 37% of gross profit (vs. our expectation of 50%). "Noble reported total debt of US$5.9 billion as at the end of Sep10 (+US$1.8 billion higher q-o-q), having issued senior notes and revolving letter of credit. To account for this, lower SA&O, and higher-than-expected energy contribution, we revised our FY2010F-2012F earnings by 5-10%, which resulted in a higher DCF valuation of $2.60, representing 17.9x FY11F PE. UPGRADE TO BUY."

Tags: Genting Singapore | Genting Singapore Plc

WRITTEN BY THE EDGE

FRIDAY, 12 NOVEMBER 2010 09:45

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Genting Singapore (G13.SG) gaps down at open, last off 6.1% at 2-week low of $2.14, as sequential fall in 3Q10 earnings dampens expectations for continued robust growth, says Dow Jones. “Genting Singapore reported earnings and EBITDA lower than expectations,” says Morgan Stanley, which has Equalweight call with $2.00 target. Net profit at $187.8 million vs 2Q10’s $396.5 million, while EBITDA at $346.5 million vs $513.9 million. “While we maintain our long-term positive view of the Singapore gaming market’s growth prospects, especially with the potential introduction of junket operators, the growth is likely to be gradual,” says JPMorgan; downgrades to Neutral from Overweight but ups target to $2.00 from $1.55 after rolling over valuation. Bounce off early low of $2.07 suggests downside from current levels limited.

Ya loh u are right....mayb is time for u to load up Genting SP .... Too bad i loaded up too early liao before report....

Buy when it dip...

I can't tell the future. 

tomato, i bot gensp to avg down but not alot in case monday horror movie again... Hopefully djia will be up tonite, been red for many consecutive days 11,000 near term support has to hold. 

Ltr i'll try to find a gd exit to offload Gar. Olam on kiv see whether it recovers abv 3.3x then will.... i mentioned before reversal pattern has been formed when no breakout frm the previous resistance.  

Me too another idiot.... Genting SP my oni portfolio that is the worst performer in this 3rd Q... $%#$%#@#$@#

At Least Cosco , Noble got rise after report.... and LVS rises more , yet i sell away %^$%&^&^% Damn Genting SP...

That person who is still sulking over the loss from GenSp would have lost the chance to profit from buying the lows.

Look at the rebound of Noble and OCBC.

I can sell both now at profit.

Lol.. Today I learnt a very important lesson.. not to let my feelings overcome my logic.. =)

Thanks !

Thanks iPunter, 

Emotional control is necessary for a trader.

Imagine somebody who lost a few thousand from GenSp and decides to give it up and go cry it out and sulk over it for days.

I have lost 80% of my capital before and climb back out from it. That 80% is a 5-figure sum of money.

So I am able to take a lost of few thousand with a shrug and quickly get back to business.

At the moment, my OCBC has already almost covered my losses from GenSp. 

There is no substitute for developing your own trading skills...

    But BT can teach you those skills in his coaching...

        after which you should then still have to make your own decisions...  

READ :

We are still in bull market.