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bladez87
    27-Oct-2010 09:16  
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wow, 7 m sell down on xinren and the wall supports at .625. amazing.

the vol traded only 8k, wall 3k for gensp. seems huge, but when BB steps in, 3k is just 1 stone.
 
 
BullishTempo
    27-Oct-2010 09:15  
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The shortists are covering their shorts for SGX.

They have been shorting since $9 



bladez87      ( Date: 27-Oct-2010 09:14) Posted:

sgx is recovering. someone putting up fake buy Q at .63.

 
 
BullishTempo
    27-Oct-2010 09:14  
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GenSp should be stable around 2.23, but resistance ahead getting stronger. 
 

 
bladez87
    27-Oct-2010 09:14  
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sgx is recovering. someone putting up fake buy Q at .63.
 
 
BullishTempo
    27-Oct-2010 09:13  
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Xin Ren is penny stock, my CFD platform not offering... lol

bladez87      ( Date: 27-Oct-2010 09:12) Posted:

no need liao. strong support at .63, unless BB initiate another sell down.

bladez87      ( Date: 27-Oct-2010 09:10) Posted:

tempting to short xin ren at .64. someone holding price at .63


 
 
bladez87
    27-Oct-2010 09:12  
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no need liao. strong support at .63, unless BB initiate another sell down.

bladez87      ( Date: 27-Oct-2010 09:10) Posted:

tempting to short xin ren at .64. someone holding price at .63


BullishTempo      ( Date: 27-Oct-2010 09:06) Posted:

What?

 Anyway Thomson not too fantastic performance. GenSp stable at 2.23.

Resistance 2.25 - 5 million, 2.26 - 6 million 



 

 
bladez87
    27-Oct-2010 09:10  
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tempting to short xin ren at .64. someone holding price at .63


BullishTempo      ( Date: 27-Oct-2010 09:06) Posted:

What?

 Anyway Thomson not too fantastic performance. GenSp stable at 2.23.

Resistance 2.25 - 5 million, 2.26 - 6 million 



bladez87      ( Date: 27-Oct-2010 09:04) Posted:

xin ren is falling blade!


 
 
icetomato
    27-Oct-2010 09:09  
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Oh... the counter Xin Ren... haha...

icetomato      ( Date: 27-Oct-2010 09:07) Posted:

What xin ren??? What you talking about?

bladez87      ( Date: 27-Oct-2010 09:07) Posted:

someone pushing up the price of xin ren. genting looks good!


 
 
BullishTempo
    27-Oct-2010 09:09  
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Oct 27: Suntec REIT, XinRen, Yangzijiang, Yongnam, OKP

Tags: Cosco Corp. | Cosco Corp. Singapore | Cosco Corporation | Cosco Corporation (S) |Cosco Corporation (Singapore) | Liang Huat Aluminium | Noble Group | Okp Holdings | Starhill Global Reit | Stx Pan Ocean Co. | Suntec Real Estate Inv Trust | Suntec Reit | Thomson Medical Centre | XinRen Aluminum Holdings | Yangzijiang Shipbuilding | Yongnam Holdings

WRITTEN BY THE EDGE   
WEDNESDAY, 27 OCTOBER 2010 08:46
smaller text tool iconmedium text tool iconlarger text tool icon

Singapore shares may have a weak start on Wednesday after Wall Street closed flat overnight ahead of next week’s US elections and likely announcement of more stimulus by the Federal Reserve. Singapore’s benchmark Straits Times Index <.FTSTI> fell 0.62% on Tuesday to 3,162.51 points. Here are some stocks and factors to watch, say Thomson Reuters and Bloomberg:

Singapore’s Suntec Real Estate Investment Trust (SUNT.SI) may be in focus after it said on Tuesday it was buying a one-third interest in properties owned by two Hong Kong firms in the city-state’s downtown Marina Bay area for $1.5 billion.

Singapore-listed Chinese aluminium producer XinRen Aluminum (XIRN.SI) is to make its trading debut at 9:00 a.m. It said on Tuesday it had sold a total of 228 million shares at $0.55 per share.

Yangzijiang Shipbuilding Holdings (YZJ SP): The largest Chinese shipyard listed in Singapore is planning to buy more yards in China as part of a plan to boost its shipbuilding capacity by 20% next year, Chairman Ren Yuanlin said yesterday in an interview in Singapore. Its shares declined 2% to $1.96.

Yongnam Holdings
 (YNH SP), the Singapore-based construction company, said it won two contracts, valued at $56.5 million, to build part of a new commuter train line in the city-state. Its shares rose 3.5% to 30 cents.

OKP Holdings, the infrastructure and civil engineering firm, has won a $22 million contract from the PUB, the national water agency, for road-raising works in the Orchard Road area.

Singapore’s Starhill Global REIT (STHL.SI) said on Tuesday its third quarter distributable income was $22.4 million, up 21% from the year-ago period.

Singapore healthcare provider Thomson Medical Centre (THOM.SI) reported on Tuesday a 18.5% rise in fourth-quarter net profit to $4 million from a year ago mainly due to the strong performance in its hospital operations and specialised services.

Commodities firm Noble Group (NOBG.SI) said on Wednesday its subsidiary Gloucester Coal reported a 22% increase in net sales of coal for its first quarter ended September 30 to 515,000 tonnes from a year ago.

Liang Huat Aluminum (LHA SP): The maker of aluminum products said it plans to raise $7.9 million, selling up to 789.29 million new shares at 1 cent each to existing shareholders in a one-for-four rights issue. Liang Huat was unchanged at 2.5 cents.

Bulk-shipping companies: The Baltic Dry Index, which measures the cost of shipping commodities, rose 1.1% in London yesterday, extending its three-day advance to 2.1%.Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, slid 2.6% to $1.86. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, lost 1.1% to $14.40.

 
 
icetomato
    27-Oct-2010 09:07  
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What xin ren??? What you talking about?

bladez87      ( Date: 27-Oct-2010 09:07) Posted:

someone pushing up the price of xin ren. genting looks good!

bladez87      ( Date: 27-Oct-2010 09:04) Posted:

xin ren is falling blade!


 

 
BullishTempo
    27-Oct-2010 09:07  
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Thomson up 6 cents from yesterday's close. Not too bad.

Xin Ren top trading volume now.  
 
 
bladez87
    27-Oct-2010 09:07  
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someone pushing up the price of xin ren. genting looks good!

bladez87      ( Date: 27-Oct-2010 09:04) Posted:

xin ren is falling blade!

 
 
BullishTempo
    27-Oct-2010 09:06  
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What?

 Anyway Thomson not too fantastic performance. GenSp stable at 2.23.

Resistance 2.25 - 5 million, 2.26 - 6 million 



bladez87      ( Date: 27-Oct-2010 09:04) Posted:

xin ren is falling blade!

 
 
bladez87
    27-Oct-2010 09:04  
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xin ren is falling blade!
 
 
BullishTempo
    27-Oct-2010 09:04  
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Ok the morning outlook is correct. Now lets see if STI gains can be maintained or investors too eager to sell-off on price peaks. 

Keep a close eye on the STI curve.  



BullishTempo      ( Date: 27-Oct-2010 08:52) Posted:

I am going to expect much the same for STI today. A small gap-up, followed by some possible profit-taking, and then going flat again.

This will be the general pattern for next few days.  



BullishTempo      ( Date: 27-Oct-2010 08:51) Posted:

Australia in positive territory but trending down due to sell-off. Lack of investor confidence in market in short term


 

 
BullishTempo
    27-Oct-2010 08:58  
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Short term support for GSP - 2.22

If 2.22 fails, 2.20 is next support level.  Volumes have been thin last few sessions. Lets see what happens today. I expect traders to turn attention to Thomson this morning, so money may flow there and not GenSp.



bladez87      ( Date: 27-Oct-2010 08:54) Posted:

married deal at 2.228.2k lots. man i am on MC again ~ hopefully i dont trade wrongly today.

 
 
fools_gold
    27-Oct-2010 08:57  
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I might go ahead anyday this week and open an account with them. Based on the inputs, IG seems to be a better choice.



BullishTempo      ( Date: 26-Oct-2010 23:33) Posted:

Saxo and Ig markets are both DMA CFD brokers and offer demo accounts.

http://www.igmarkets.com.sg/?QPID=404&QPPID=1&KEYWORD_K=IG%20markets&TRACKING_ID_K=5c6b8c25-86f1-d1c8-2ab9-00006ce81ae9&CHANNEL_K=google&CAMPAIGN_K=Brand&AdGROUP_K=Brand%20Core%20Exact&gclid=COXkxvfs8KQCFQVB6wodVXBV0A 

 http://sg.saxobank.com/lp/tradementor?s_kwcid=TC|17852|SAXO||S||5417579888&gclid=CN_w2rjs8KQCFcZA6wodzGYr0w



BullishTempo      ( Date: 26-Oct-2010 23:30) Posted:

Yes, better not. CFD is not suitable for newbies. If you want to play with CFD, get a demo account first and trade using paper money. 



 
 
BullishTempo
    27-Oct-2010 08:56  
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Yes definitely will be up day for Thomson. But if the gap-up is more than 3 to 5 cents, be aware of profit taking.

icetomato      ( Date: 27-Oct-2010 08:54) Posted:

Today's daily opportunity?? Good buy? Who is buying Thomson Med?

 
 
bladez87
    27-Oct-2010 08:54  
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married deal at 2.228.2k lots. man i am on MC again ~ hopefully i dont trade wrongly today.
 
 
icetomato
    27-Oct-2010 08:54  
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Today's daily opportunity?? Good buy? Who is buying Thomson Med?
 
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