can u identify any catalyst?
1) this friday china GDP?
2) Expected earning? 28/02/2013
3) sgx announcement?
-nothing except for previous profit guidance for q3, which means there is a chance q4 will have improved earnings?
4) research report? ocbc say potential more deals?
*DJ Midas Holdings Target Raised To S$0.75 From S$0.50 By OSK-DMG - >9/1/2013
*DJ Midas Holdings Fair Value Raised To S$0.60 From S$0.50 By OCBC- >9/1/2013
OCBC Investment Research raised its target price for Midas Holdings Ltd MIDA.SI , which supplies components for railway projects, to S$0.60 from S$0.50 and kept its 'buy' rating, citing expectations of more high-speed rail contract wins.
As of 0243 GMT, Midas Holdings shares were up 3.2 percent at S$0.485, and have gained 14.3 percent since the start of the year, compared to a 1.8 percent rise in the FTSE ST All Share Index .FTFSTAS .
OCBC expects China's railway investments to form a large part of the country's overall infrastructure spending, and cited Xinhua news agency as saying about 600-650 billion yuan of railway investments will be made this year. "We believe that China's Ministry of Railways could resume high-speed passenger train car contract tenders in the first quarter," said OCBC, which is expected to translate into order wins for Midas.
1129 (0329 GMT)
(Reporting by Teo Jion Chun in Singapore; Editing by G.Ram Mohan; teo.jionchun@thomsonreuters.com)
*DJ Midas Holdings Upgraded To Buy By Lim & Tan Securities -> 4/1/2013
--> insider has been increasing stakes in genting during december
research reports
1) *DJ Genting Singapore Target Raised To S$1.60 From S$1.28 - Citi --> 16/1/2013
2) Fines Genting Singapore's Casino S$100,000 for Disciplinary Breaches --> 15/1/2013
3) DJ MARKET TALK: Genting HK +5.3%; Plans U.S. IPO Of NCL --> 9/1/2013
4) DJ MARKET TALK: Genting Singapore Earnings May Recover - CS --> 3/1/2013
0503 GMT [Dow Jones] STOCK CALL: Genting Singapore's (G13.SG) earnings could recover in 2013, Credit Suisse says. While the Western Zone's new attractions built up costs in 2012, those facilities' revenue contributions will become more meaningful in 1H13, the house says. It adds, GENS was also cautious on extending credit to VIP players amid concerns over bad-debt risk.
GENS also acquired a Jurong site to build a 500-room mass-market hotel, it says, noting hotel-room capacity has been a major constraint, with only 1,500 rooms on Sentosa vs competitor Marina Bay Sands' 2,600 rooms. "We continue to believe there is long-term growth in Singapore casino revenues and if global growth has bottomed, this suggests GENS' revenues could also rebound. We expect GENS to turn more confident in extending credit to VIP players if global macro concerns ease," it says. "GENS is the only direct play on gaming in Singapore. While growth rates are not as high as Macau, Singapore has the benefit of lower gaming tax rates and a duopoly market structure." It keeps an Outperform call with S$1.80 target. The stock is up 1.7% at S$1.47. (leslie.shaffer@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires
January 03, 2013 00:03 ET (05:03 GMT)
Copyright (c) 2013 Dow Jones & Company, Inc.
4) DJ MARKET TALK: UBS Tips Genting Singapore As A Top 2013 Pick
0558 GMT [Dow Jones] STOCK CALL: UBS tips Genting Singapore (G13.SG) as its favorite of 2012's laggard stocks. "The major investment negatives in 2012 should turn more positive. VIP should benefit from demand growth recovery, especially out of China, whilst the receivables situation is now largely under control," it says. "While local mass demand may remain stagnant, the situation should not worsen further, and a return to high single digit organic growth is possible in 2014-15." It expects reinvestment risk to be less of an issue this year, with the company likely to wait on Japan's potential casino liberalization before considering other investments. GENS is one of the house's top picks for 2013, rating it Buy with S$1.63 target. The stock is up 4.3% at S$1.445 after falling 8.3% over 2012. (leslie.shaffer@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires
January 02, 2013 00:58 ET (05:58 GMT)
Copyright (c) 2013 Dow Jones & Company, Inc.
5) Cash-rich Genting Singapore hopeful of Japan foray -> 4/12/2013
So can we identify the potential catalysts needed for it to burst past the long term downtrend?
--> GENS also acquired a Jurong site to build a 500-room mass-market hotel
--> GENS to turn more confident in extending credit to VIP players if global macro concerns ease,
--> Cash-rich Genting Singapore hopeful of Japan foray?
--> earnings? Genting Singapore PLC GENS --> 22/02/2013
are these enough?
looking at daily chart
support is at 1.40, if 1.43 support break.
a drop to 1.34, followed by a bounce will potentially form a head&shoulder as highlighted by orange lines
it may or may not happen, but now lets look get the market depth for today
looks like there is some big genting gtc sell orders waiting to fill imo so looks like 1.44 will not hold for today as it seen
research reports
1) Biosensors Int'l cimb -> 8 nov 2012
Biosensors’ share price has taken a beating from earnings worries following news of Terumo’s weak licensing fee to BIG. Management shrugged it off as a 2Q blip and reiterated its strong revenue guidance. 2Q/1HFY13 core net profit was broadly in line, at 23%/46% of our full-year forecasts and 20%/39% of consensus numbers. Nevertheless, we cut FY3/13 earnings and our SOP target price to reflect the risk of weaker licensing income from Japan and potential price cuts in various countries. This does not affect our Outperform call as product profitability remains strong and valuations are really palatable now.
- 7/2/2013 announcing earnings
- daily shares buyback from management
profit taking mode now. today is t+5 for the 2 white candles, the 2 supports should be the orange color line
research
*DJ Sheng Siong Group Fair Value Raised To S$0.55 From S$0.49 By OCBC => 4/12
STOCKS NEWS SINGAPORE-Maybank raises Sheng Siong target price ==> 26/11
should consolidate in the orange channel to test 85c resistence
News and research reports
PHILIPPINES PRESS-SEAir sets rebranding to Tiger Airways - BusinessWorld --> 15/1/2013
DJ MARKET TALK: OCBC Upgrades Tiger Airways To Buy From Hold - 11/12/2012
0747 GMT [Dow Jones] STOCK CALL: OCBC upgrades Tiger Airways (J7X.SG) to Buy from Hold, saying the carrier is on track for a turnaround. Tiger's passenger traffic increased for the second straight month in November, with passengers carried up 30.1% on-year and 6.0% on-month, with the passenger load factor up by 10 percentage-points on-year and 2 percentage-points on-month at 85%, it notes. "The group's performance so far has been encouraging with Tiger Singapore leading the turnaround," it says. "The tepid economic situation, which has resulted in a slowdown in premium travel demand growth, will continue to benefit low-cost carriers like Tiger especially in the ongoing peak season travel months." It expects Tiger's alliance with Via.com, one of India's largest travel networks with significant Indonesian and Philippine presence, will raise awareness for Tiger in a key market. Excluding a one-time gain from the Tiger Australia divestment, OCBC expects a modest return to profitability in FY13, following favorable operating environment developments, including lower jet-fuel prices. It keeps a S$0.81 fair value. The stock is up 2.9% at S$0.72. (leslie.shaffer@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires
December 11, 2012 02:47 ET (07:47 GMT)
Copyright (c) 2012 Dow Jones & Company, Inc.
announcement of earning scheduled at
Tiger Airways Holdings Ltd TGR SP 30/01/2013
base on the above, tiger is expected and on track to announce a good aerning, so it should test the 85c resistence prior to the announcement.
tiger, no strength to break the resistence, news out, and they seems bearish on next quarter, should drop to support in this case
-----------
SINGAPORE, Jan 24 (Reuters) - Budget carrier Tiger Airways Holdings Ltd, one-third owned by Singapore Airlines Ltd, reported a third-quarter net profit of S$2 million ($1.6 million), the first time in seven quarters it made money.
Despite a boost from its Singapore business, Tiger expects its operating performance to be weaker in the fourth quarter and forecast an operating loss for the year to March 2013, said the carrier, which has associate airlines in Indonesia and the Philippines.
After taking charge in August, new Group Chief Executive Koay Peng Yen struck a deal to sell a stake in its loss-making Australian unit and entered into other partnerships, but faces a big challenge in a fiercely competitive Southeast Asian market.
"We are encouraged by the turnaround in this quarter," Koay said in the results statement on Thursday. "However, we are mindful that the September to December period is traditionally the strongest quarter for the air travel industry, and this has also contributed positively to our performance."
Budget airlines led by AirAsia Bhd and privately held Lion Air have placed massive aircraft orders as they bet on the region's expanding middle class demanding more air travel for years to come.
Tiger reported a third-quarter profit compared to a net loss of S$17.4 million a year earlier. Its nine-month loss contracted to S$30 million, from S$87.9 million a year earlier.
cordlife is on a slow uptrend channel. is either a double top at 60c or hit the resistence at 635c
ipo px at 55 iirc
news and research
*DJ China Cord Blood Corp Announces Completion Of Strategic Partnership With Cordlife Group Limited --> 12/11/2012
*DJ Cordlife Group Target Raised To S$0.62 From S$0.53 By UOB KayHian --> 14/9/2012
expected earnings
Cordlife Group Ltd CLGL SP 15/02/2013 E
research reports
DJ Sembawang Drops Bid for Macmahon's Construction Unit - 13/1/2013
DJ MARKET TALK: Deutsche Bank Tips Keppel Over SembMarine - 9/1/2013
0903 GMT [Dow Jones] STOCK CALL: While both Keppel (BN4.SG) and SembMarine (S51.SG) are well positioned to benefit from increased industry spending and replacement opportunities, Deutsche Bank prefers Keppel. "SembMarine is currently at a build-up stage for two large new yards, which we believe could involve more risks as operations begin." SembMarine's 2013-15 margins may be pressured as drillship contracts are executed in Brazil as it is new to drillship construction and the yard, currently under construction, may face potential cost overruns, skilled labor shortages, construction delays and other teething issues typical for new Brazilian facilities, it says. It expects SembMarine's new Singapore yard may face some labor issues as the government controls foreign labor, while the departure of the long-time senior marketing personnel and the recent jack-up-rig mishap are also areas to monitor. Keppel's strategy of being near markets and customers is paying off, with its Brazil yard one of the country's "most experienced" facilities, putting it in a good position to execute, it says. It sets Keppel's target at S$13.50 and Sembcorp's (U96.SG) at S$6.35, rating both Buy. It rates SembMarine at Hold with S$4.90 target. (leslie.shaffer@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires
January 09, 2013 04:03 ET (09:03 GMT)
Copyright (c) 2013 Dow Jones & Company, Inc.
Conglomerates (Keppel, Sembcorp Marine, Sembcorp Ind) - DB - 9/1/2013
DJ Sembawang Disappointed November Material Disclosure of Interest Rejected - 6/1/2013
DJ MARKET TALK: Sembcorp May Cut Its Gallant Stake -Credit Suisse - 7/12/2012
it needs to break 43c to do a higher high but i cant think of any catalyst for it to do so, probably is buy on rumor (indonesia listing), sell on news (listed) unless their indonesia ipo chiong until blc
the higher the market is trading, the shorter the chase it must be and also the more you must monitor it and be selective of the pick.
but anyway these charts are not to tell people what to chase or what to buy or sell, but rather to show one way in using TA and charting and hope people will understand it that it is not as simple as picking up a book, and learn about it and then risk their money by looking at the trend or see indicators and trade according to it or pay $688
the higher the market is trading, the shorter the chase it must be and also the more you must monitor it and be selective of the pick.
but anyway these charts are not to tell people what to chase or what to buy or sell, but rather to show one way in using TA and charting and hope people will understand it that it is not as simple as picking up a book, and learn about it and then risk their money by looking at the trend or see indicators and trade according to it or pay $688
TA is used to "imagine what will happen next". I use it to forecast future movement and to watch for all possibilities, even trend reversal.
To be honest, I'm usually better at spotting trend reversals than trading up a rally....
No need $688 here... just treat me a meal lol....
I'm quite willing to give free crash course on how I view charts... but I prefer to do it offline in person rather than do it over here. But of course, don't any tom dick harry suddenly msg me ask me to teach him/her hor
TA is used to "imagine what will happen next". I use it to forecast future movement and to watch for all possibilities, even trend reversal.
To be honest, I'm usually better at spotting trend reversals than trading up a rally....
No need $688 here... just treat me a meal lol....
I'm quite willing to give free crash course on how I view charts... but I prefer to do it offline in person rather than do it over here. But of course, don't any tom dick harry suddenly msg me ask me to teach him/her hor
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