
Any sifu here know why KC down again....?
Seem like many bad news on KC lately.....I will wait patiently till it drop to $9.50....hee hee
Ranlcy,
Pls be very careful if you're thinking of going long purely on the basis of these 2 indicators - they have a tendency to give false signals under saturation, especially with stochastics.
Price action and volume would be more reliable.
Do note that while this may be a long play as oil chionged up tonight, there's likely to be opposing selling pressure as STI is very likely to gap down heavily in the morning, and Kep Corp happens to be one of the heavyweight components just after the banks.
ranlcy ( Date: 26-Jun-2008 19:48) Posted:
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hold the cow first as there is no clear signal on where it dip over a dollar within few weeks???
I will buy once stochastic and rsi signals are clear! At what price are you all buying?
wah big wok, thought market will sustain after closing. sea of red. 2morow gonna be another bad day, if DJ tonite don't show strength.
Hope you made profitable decision at this opportunistic moment.
Wait and see is not for those who siezes opportunity when there is one. No risk, no gain.
No clarification or new development from KC, it's better to wait and see.
Wa shifu, finally can see you appear in this thread.... With your words, i feel more confidence on KC.....
spurs88 ( Date: 26-Jun-2008 15:17) Posted:
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Shiok man! Thanks for the chance to pick up cheap from short-sellers and panic-sellers! Been waiting patiently to buy back since I sold off at $12 plus a few weeks back with profits of more than $20k. Should move back to around $12 soon!
Thk U Nostradamus for the infor
With this kind of negative news, I think I better wait n see... if not later analyst lower target price...then px will drop again...maybe down to around $9.50 again...hee hee ..juz my silly view...
Hope this does not turn out to be another 'Solitaire' (aka SembCorp) case.
Nostradamus ( Date: 26-Jun-2008 12:38) Posted:
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Keppel Corp fell on news of a dispute with Fred Olsen Energy over a US$580 million rig rebuilding contract at Keppel Verolme yard in Rotterdam.
Fred Olsen Energy said on Wed that it has a disagreement with Keppel and would pull out its semi-submersible drilling rig Blackford Dolphin from the yard before completion of the rebuilding job.
AK also panic, early the morning. didn't sense any reason for it to drop such a sudden leh. now not back leow, making a U turn.
Any Sifu here know why KC keep dropping har? below $11 liao....
Can buy now?
trusted this burger though affected by global market sentiment. sensed the market trend, sold few at 11.84 12.10 n1228 last few weeks with collected div. keep few for testing loh.
Citigroup trims Keppel Corp to $12.97 from $13.25 after cutting FY08-10E estimates by 6%-8% on slower contribution from Property, Infrastructure and O&M segments. However, keeps at Buy as says O&M concerns may be overdone. "Feedback from investors highlight worries over orderbook momentum and potential execution issues (e.g. delays, cost overruns) but we believe pushback in deliveries are more likely related to equipment sourcing by vendors or variation orders, so risks of penalties are unlikely. We remain upbeat on the industry and Keppel remains well positioned to maintain market share."
I'll wait. 9-day MACD not convincing, though Williams ok. Vol is not fantastic as well.
others now happy happy but this burger went into red??? but don't seem to be profit taking leh??? its on upward trend??
Sorry, did not get the chart right. Anyone knows how to paste chart. I remembered i used Kepcorp but ended up wrong.
HLJHLJ ( Date: 18-Jun-2008 10:19) Posted:
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