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You will still owe the company money if you over-leveraged and the stock moves against you.
I told you people have gone bankrupt playing with CFDs.
cannotfind ( Date: 10-Nov-2010 15:54) Posted:
I mean I don't owe the company any money if I lose all $500 right? As long as the loss > $500 all gone that's all. Nothing else right?
BullishTempo ( Date: 10-Nov-2010 15:52) Posted:
| You can lose more than $500 if you use CFDs |
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Just be careful with CFD. The more you hold, the more you are exposed to market volatility. Sometimes you trade outside your means.
At some point i felt like i was actually gambling instead of investing. That s when i pulled out and tried to cool my head. =) greed consumes people!!!
BullishTempo ( Date: 10-Nov-2010 15:52) Posted:
You can lose more than $500 if you use CFDs.
cannotfind ( Date: 10-Nov-2010 15:50) Posted:
| ok I go play with CFD la... BT, if I have $500 inside, I lose will lose all $500 only right? I will not be liable for anything more |
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I mean I don't owe the company any money if I lose all $500 right? As long as the loss > $500 all gone that's all. Nothing else right?
BullishTempo ( Date: 10-Nov-2010 15:52) Posted:
You can lose more than $500 if you use CFDs.
cannotfind ( Date: 10-Nov-2010 15:50) Posted:
| ok I go play with CFD la... BT, if I have $500 inside, I lose will lose all $500 only right? I will not be liable for anything more |
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15:49:29 2.280 1,000,000 B
another sell off for genting,, will it be they BB already have inside news?
You can lose more than $500 if you use CFDs.
cannotfind ( Date: 10-Nov-2010 15:50) Posted:
| ok I go play with CFD la... BT, if I have $500 inside, I lose will lose all $500 only right? I will not be liable for anything more |
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To each, his own trading strategy, capital and risk appetite.
ShareWithMe ( Date: 10-Nov-2010 15:49) Posted:
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My 80% in Genting ... this news is scary. OMG.
Do i reduce holdings now ?
AK_Francis ( Date: 10-Nov-2010 15:42) Posted:
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Now, GSP at 2.29.
Yah AK regretted liao, almost putting all d eggs into GSP's bucket. Wat a waste, didn't sell when it was 2.37. Now, dun know wat to do, though sell now still make hunderd over K? Really big wok. Hope, tomorrow no Tsunami as mentioned earlier. Cheers for all d support. |
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ok I go play with CFD la... BT, if I have $500 inside, I lose will lose all $500 only right? I will not be liable for anything more
My 80% in Genting ... this news is scary. OMG.
Do i reduce holdings now ?
AK_Francis ( Date: 10-Nov-2010 15:42) Posted:
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Now, GSP at 2.29.
Yah AK regretted liao, almost putting all d eggs into GSP's bucket. Wat a waste, didn't sell when it was 2.37. Now, dun know wat to do, though sell now still make hunderd over K? Really big wok. Hope, tomorrow no Tsunami as mentioned earlier. Cheers for all d support.
BullishTempo ( Date: 10-Nov-2010 15:28) Posted:
Which is why I still believe in a diversified portfolio. I think this is a cliche but still worth mentioning. Don't put all your eggs in one basket. |
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hmm for Singapore land, I would wait for the right time to enter. Right now it is above its 20MA, over top of the Bollinger band (signal to sell). Its average moving index also is not that convincing yet, just fell from a high 60+ to a dip 24 and bouncing back, though it signals a bullish trend =)
Sorry i can not post graph here, i can not upload the graph to a URL link.
Now, GSP at 2.29.
Yah AK regretted liao, almost putting all d eggs into GSP's bucket. Wat a waste, didn't sell when it was 2.37. Now, dun know wat to do, though sell now still make hunderd over K? Really big wok. Hope, tomorrow no Tsunami as mentioned earlier. Cheers for all d support.
BullishTempo ( Date: 10-Nov-2010 15:28) Posted:
Which is why I still believe in a diversified portfolio. I think this is a cliche but still worth mentioning. Don't put all your eggs in one basket.
ShareWithMe ( Date: 10-Nov-2010 15:25) Posted:
| OMG , is this for real ?? |
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| Noble +1.4%; higher commodity prices supportive |
Tags: Noble Group
| WRITTEN BY DOW JONES & CO, INC |
| WEDNESDAY, 10 NOVEMBER 2010 11:06 |
Noble Group (N21.SG) +1.4% at $2.16, bucking falls in other Singapore-listed commodity plays, on hopes earnings momentum will remain strong after 3Q10 results beat expectations.
CIMB, which has Outperform call with $2.45 target, tips higher commodity prices, acquisitions as catalysts for shares; adds, USD weakness “supportive of higher commodity prices” while continued low interest rates “supportive of earnings-accretive acquisitions.” Nomura, which has Buy call with $2.52 target, expects strong growth momentum in supply chain manager’s energy, agriculture businesses to continue next year; “Noble should be a key beneficiary of an improving macro environment and a spike in cyclical commodity prices on the back of QE2.” 3Q10 earnings +19.0% on-year at US$157.2 million ($202.6 million) vs US$132.0 million tipped in Dow Jones poll on record US$14.9 billion revenue (+79.0%). Orderbook quotes suggest price unlikely to clear $2.20. |
BullishTempo ( Date: 10-Nov-2010 15:30) Posted:
| Genting Singapore off 3.4%; focus on 3Q results |
Tags: Credit Suisse | Genting Singapore | Resorts World Sentosa | WRITTEN BY DOW JONES & CO, INC | | WEDNESDAY, 10 NOVEMBER 2010 14:45 | Genting Singapore (G13.SG) down 3.4% at $2.27 as investors book gains after yesterday’s run-up to multi-year $2.35 high while waiting for tomorrow’s 3Q.
Results will determine whether 83.6% rally since gaming group’s return to profitability in 2Q10 is justified. Most analysts expect sequential decline from 2Q10’s $396.5 million net profit as rival Marina Bay Sands casino-resort expected to have grabbed some gaming market share from Resorts World Sentosa.
“With only two quarters of financial results in the bag, we hope the upcoming 3Q10 results will shed more light on a sustainable run rate for Genting Singapore,” says Credit Suisse, which has Outperform call but retains $1.68 target pending results; “4Q is typically a peak period for tourism due to year-end school holidays and festivities, and we expect Genting Singapore to be a prime beneficiary.”
Near-term support at $2.10 (Oct. 27 low). |
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| CIMB ups Singapore Land to Outperform; ups target |
Tags: Singapore Land
| WRITTEN BY DOW JONES & CO, INC |
| WEDNESDAY, 10 NOVEMBER 2010 14:15 |
CIMB upgrades Singapore Land (S30.SG) to Outperform from Neutral, raises target price to $8.54 from $7.28 after increasing FY10-12 EPS estimates by 8%-16% to reflect stronger revenue contributions from property group’s hotels, residential project The Trizon.
Tips company as beneficiary of improving Singapore office sector; “with the strengthening office market, management expects demand for office space to improve.” Adds, valuations not demanding with stock trading at 29% discount to RNAV estimate. Shares +0.7% at $7.22. |
| CIMB ups Singapore Land to Outperform; ups target |
Tags: Singapore Land
| WRITTEN BY DOW JONES & CO, INC |
| WEDNESDAY, 10 NOVEMBER 2010 14:15 |
CIMB upgrades Singapore Land (S30.SG) to Outperform from Neutral, raises target price to $8.54 from $7.28 after increasing FY10-12 EPS estimates by 8%-16% to reflect stronger revenue contributions from property group’s hotels, residential project The Trizon.
Tips company as beneficiary of improving Singapore office sector; “with the strengthening office market, management expects demand for office space to improve.” Adds, valuations not demanding with stock trading at 29% discount to RNAV estimate. Shares +0.7% at $7.22. |
| Credit Suisse upgrades Noble to Outperform, ups target |
Tags: Credit Suisse | Noble Group
| WRITTEN BY DOW JONES & CO, INC |
| WEDNESDAY, 10 NOVEMBER 2010 14:35 |
Credit Suisse upgrades Noble Group (N21.SG) to Outperform vs Neutral, raises target to $2.55 vs $1.65, given expectations of stronger 4Q, 37% EPS growth in FY11. Says Noble’s 3Q10 results “were strong, with 9-month earnings achieving 76%/78% of consensus/our FY10 estimates.”
Adds, 178% on-quarter jump in core earnings supported by normalisation of SGA costs (down 17% on-quarter) driven by strength in the agricultural, energy segments, which generated 87% of total profit.
Says tie-up with Berau Coal in Indonesia should in aggregate support expansion of energy pipeline going forward; raises forecasts by 7%-13% on stronger volumes, margin assumptions. “We see opportunities for Noble to utilise its strong balance sheet with the announcements of further earnings-enhancing deals.” Shares +3.3% at $2.20. |
Thank you Zentarius & BT for the clarification
Now i know how it works. 
zentarius ( Date: 10-Nov-2010 15:23) Posted:
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Ok. A simple shorting example is:
If you expect the share to drop from 1.5 to 1.4
At first, you SHORT the stock (sell) it at 1.5 price. Assume you do so for 10 lots, that is 15000.
When it is down to 1.4, you decide to buy back the stock @ 1.4, hence the value is 14000. Thus you earn 1000.
Basically, you "borrow" the stocks and sell it at higher price than the what you can buy back at later date.
ShareWithMe ( Date: 10-Nov-2010 15:18) Posted:
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Thanks for your info.
By the way , how does shorting work ?
If i understand the 'short' term correctly, it means one do not have the holding of certain stock but he trys to sell it and at the end of the day he has to buy back the amount of share he has sold earlier. If he does not buy back the share within the same day, he will be fined by SGX.
Is my understanding correct ? |
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| Golden Agri Resources rated 'buy' by OCBC |
Tags: Golden Agri-Resources | OCBC Investment Research
| WRITTEN BY THE EDGE |
| TUESDAY, 26 OCTOBER 2010 15:15 |
OCBC Investment Research in an Oct 26 research report says: "Golden Agri Resources (GAR) is likely to see a pretty decent 3Q10 performance, aided by the recovery in CPO (crude palm oil) prices in the later half of the quarter as well as higher CPO output from its estates. "As a recap, CPO prices have recovered sharply from an average of US$791/ton in 2Q10 to around US$821/ton; and we may see further room for earnings upside in 4Q10 as well, given that CPO prices are now hovering around US$900/ton. In view of the still upbeat outlook for CPO, we are raising our CPO assumptions for both FY2010 and FY2011 and we now expect prices to average around US$825/ton and US$860/ton respectively (versus US$800/ton). "While bearing in mind the potential rise in export taxes, we also raise our earnings estimates for FY10 by 5.6% and for FY11 by 14.0%. As a result, our fair value improves to 78 cents. MAINTAIN BUY." |
| STI off 0.5%, expected to end down; 3,257 support |
Tags: Genting Singapore
| WRITTEN BY DOW JONES & CO, INC |
| WEDNESDAY, 10 NOVEMBER 2010 15:05 |
Singapore shares likely to remain under water for rest of session as participants generally staying out after selling. STI off 0.5% at 3,295.86, expected to end above 3,257 (Nov 8 low), snapping 8-session winning streak. Market breadth still at 2 decliners for every gainer.
“A close in the negative region wouldn’t be out of place considering the recent good run. Conditions are still favorable for stocks to climb in the near-term,” says trader at local brokerage.
Most FTSE ST sub-indexes down, with S-chips, penny stocks among worst performers; FTSE ST China Index down 2.3%, FTSE ST Catalist Index off 2.3%. Genting Singapore (G13.SG) most heavily-traded in market, off 3.4% at $2.27, ahead of 3Q10 results due tomorrow.
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| Genting Singapore off 3.4%; focus on 3Q results |
Tags: Credit Suisse | Genting Singapore | Resorts World Sentosa
| WRITTEN BY DOW JONES & CO, INC |
| WEDNESDAY, 10 NOVEMBER 2010 14:45 |
Genting Singapore (G13.SG) down 3.4% at $2.27 as investors book gains after yesterday’s run-up to multi-year $2.35 high while waiting for tomorrow’s 3Q.
Results will determine whether 83.6% rally since gaming group’s return to profitability in 2Q10 is justified. Most analysts expect sequential decline from 2Q10’s $396.5 million net profit as rival Marina Bay Sands casino-resort expected to have grabbed some gaming market share from Resorts World Sentosa.
“With only two quarters of financial results in the bag, we hope the upcoming 3Q10 results will shed more light on a sustainable run rate for Genting Singapore,” says Credit Suisse, which has Outperform call but retains $1.68 target pending results; “4Q is typically a peak period for tourism due to year-end school holidays and festivities, and we expect Genting Singapore to be a prime beneficiary.”
Near-term support at $2.10 (Oct. 27 low). |
Which is why I still believe in a diversified portfolio.
I think this is a cliche but still worth mentioning.
Don't put all your eggs in one basket.
ShareWithMe ( Date: 10-Nov-2010 15:25) Posted:
OMG , is this for real ??
fools_gold ( Date: 10-Nov-2010 15:17) Posted:
Singapore Hot Stocks-Genting Singapore down on Q3 result nerves
10 Nov 2010 - 04:01
SINGAPORE, Nov 10 (Reuters) - Shares of casino operator Genting Singapore fell as much as 5.5 percent in morning trade on Wednesday on jitters ahead of the release of its third-quarter earnings on Thursday, traders said.
At 0347 GMT, Genting Singapore shares were down 3.4 percent at S$2.27 on a volume of 208 million shares.
"There are mixed calls on Genting's upcoming earnings. Some people are saying that their third-quarter results might be lower than expectations given their direct competition with Marine Bay Sands," said a local trader.
(Reporting by Eveline Danubrata; Editing by Raju Gopalakrishnan)
((eveline.danubrata@thomsonreuters.com; +65 6403 5669; Reuters Messaging: eveline.danubrata.reuters.com@reuters.net)
((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: SINGAPORE MARKET STOCKS/GENTING
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