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2001-2020 of 3100
SALES buy up if u have extra cash.
Good luck !
2.660 o0
hi CWQuah,
Yes you are right SG market is cornered. Moving with BB is the way to profit. What to do when our market is so small that anyone who wish to write badly can easily manipulate stock price.
More disturbing is what has or have already been done to curb such practices?
Hehe since Oct 07 (bad time to start though ..... mkt downtrend all the way since then).
I guess some tools of the trade are essential to survive in the mkt... as you put it, Singapore mkt is practically cornered by BBs; so need to THINK and ACT like what the BBs do.
Another clue - it helps a lot to know which of the BBs are issuing analyst reports. Hehe.
Two foreign BBs not named below were certainly involved indirectly though their reports may bar them from taking certain positions.
elfinchilde ( Date: 05-Aug-2008 14:01) Posted:
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astute observation, cwquah.  how long have you been playing/observing the market?
the biggest one is definitely local. i think one (or two--doesn't really matter) foreigner, and one more smaller local BB. the rest are cham-cham-chuee-chuee.
overall today's market is down not because of genuine distribution, but because of shorting. A lot of foreigner action, hence overall vol higher than expected. MS, ML, Citi, UBS. across the board. Won't name the local players.
CWQuah ( Date: 05-Aug-2008 13:01) Posted:
| There's at least 3 fund houses involved. One local. |
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good n bad new crash together , ppl more concern abt bad new at this climate, furthermore a lot short today expected price range should be around 2.7 to 2.85 in short term..
JPMorgan cut this one to neutral with a tp of $3....fyi.
2moro will start move up...sit n watch up...
Farmer ( Date: 05-Aug-2008 16:09) Posted:
| Wait for the dust to settle......a stronger support will be at $2.63, buy only if FA still intact.
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Wait for the dust to settle......a stronger support will be at $2.63, buy only if FA still intact.
any view on this counter. ??
eh jj, PM me pls. let's take this off the open forums. :)
"" "" smalltimers, please, just stay out of htis counter. lots of other valuable counters if you want longterm. ""
Apart from Gold, what other valuable counters?
eh, sorry, meant generally in FA terms. ie, close to NAV, book-to-price is 2 or less.
those tend to be low betas tho, so won't really move with the market (ie, not for fast scalps). meant for holding at least a year.
keep an eye on gold. it's starting to get attractive.
caveat applies.
May I know what other valuable counters you are referring to?
elfinchilde ( Date: 05-Aug-2008 12:17) Posted:
des_khor, cosco was a growth stock (note: was).. its day peaked when it dipped below $7.
since then, it needs to recalibrate, to what kind of stock it is.
which is also why it's a prime target for shorting: high PE ratio, high book to price. Even with the growth it reports, it's still overvalued.
and ahha, i see one of the houses have revealed themselves by that analyst report. 
smalltimers, please, just stay out of htis counter. lots of other valuable counters if you want longterm. |
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astute observation, cwquah. how long have you been playing/observing the market?
the biggest one is definitely local. i think one (or two--doesn't really matter) foreigner, and one more smaller local BB. the rest are cham-cham-chuee-chuee.
overall today's market is down not because of genuine distribution, but because of shorting. A lot of foreigner action, hence overall vol higher than expected. MS, ML, Citi, UBS. across the board. Won't name the local players.
CWQuah ( Date: 05-Aug-2008 13:01) Posted:
| There's at least 3 fund houses involved. One local. |
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Crews! Abandon ship!!
Currently China Mother shares is trading at one of the lowest PE ratio, which is 9.89, compare to china other shares which is around to 30~40PE ratio.
China Mother company also did not show a turn about...still waiting..
There's at least 3 fund houses involved. One local.
Still on down trend, today break the support at 2.77, expect a downward trend...
des_khor, cosco was a growth stock (note: was).. its day peaked when it dipped below $7.
since then, it needs to recalibrate, to what kind of stock it is.
which is also why it's a prime target for shorting: high PE ratio, high book to price. Even with the growth it reports, it's still overvalued.
and ahha, i see one of the houses have revealed themselves by that analyst report.
smalltimers, please, just stay out of htis counter. lots of other valuable counters if you want longterm.
