Keverus' SGX thread!

Keverus

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Noble...time to long?

actually, TA also can predict abit. why?

1. Friday trading, we saw no BB action. yet retailers pushed it up 2 cents.

2. Noble still has alot of shorts uncovered. at some point, the shortists, no matter how big a player he/it is, will have to cover. when all shortists cover together, short squeeze happens and the price shoots up. of course you can argue that shortists will try to cover bit by bit, but that's like asking ppl to queue for bus. everyone is going to nudge forward because no one wants to be the one without a chair when the music stops. the management has actually done very well to support the price above 68 cents, and this is critical.

as a previous shortist myself, i have now come to realize that perhaps there is not much meat left in shorting noble (until perhaps aug). this could be the trigger point to cover the shorts (i already did;some of my lower shorts i covered at loss).

to sum it up: shortists are going to cover, and when they cover, it will push the price upwards inevitably.
 

Keverus

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eh, noble is the talk of the town now lei.

of cos "obssessed" aha :s13:

darthkool vested in yuuzoo?
 

DarthKool

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yah this yuuzoo is a heart attack counter .. super volatile at matching.
 

Shion

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i dun like to touch these stocks where BBs like to play with them regularly
 

Keverus

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Singapore 'surprised' by Malaysia's preference to end High Speed Rail terminus at JB
POSTED: 19 Jun 2015 17:06

SINGAPORE: Singapore's Ministry of Transport (MOT) on Friday (Jun 19) said it was "surprised" that Malaysia's Land Public Transport Commission (SPAD) gave a recent statement to Malaysian media that it preferred to terminate the upcoming high-speed rail (HSR) terminus between the two nations existing CIQ (customs, immigration and quarantine) ccomplex in Johor.

In March, leaders of Singapore and Malaysia announced that the HSR terminus in Singapore will be located at Jurong East.

"Our understanding is that Malaysia views the commercial premise of the Kuala Lumpur-Singapore HSR project, and with which we agree, as being based on a direct connection between the two city centres. Terminating the HSR in Johor Bahru will not achieve this objective," said the Ministry of Transport's spokesperson.

MOT's statement is as follows:

Singapore and Malaysia agreed at the 2013 Leaders’ Retreat to build the High Speed Rail (HSR) link between Kuala Lumpur and Singapore. Studies have been carried out by both countries. Malaysia decided last year that the HSR terminus in Kuala Lumpur would be located in Bandar Malaysia. Similarly, Singapore has decided that the HSR terminus in Singapore would be located in Jurong East. Prime Minister Lee Hsien Loong informed Prime Minister Najib Razak of this at this year’s Singapore-Malaysia Leaders’ Retreat, and the location was also announced to the public at the joint press conference by the two Prime Ministers following the Retreat. We are therefore surprised by the Land Public Transport Commission’s (SPAD) recent statement that Malaysia preferred to terminate the HSR at the existing CIQ (customs, immigration and quarantine) complex in Johor Bahru.

Furthermore, our understanding is that Malaysia views the commercial premise of the Kuala Lumpur-Singapore HSR project, and with which we agree, as being based on a direct connection between the two city centres. Terminating the HSR in Johor Bahru will not achieve this objective.

Both sides are in discussion on the project’s commercial and operating models. Singapore has proposed that the domestic transit HSR services, which will stop at six stations in Malaysia between Kuala Lumpur and Singapore and hence primarily serve commuters travelling within Malaysia, be operated separately from the express non-stop HSR services between Kuala Lumpur and Singapore. This will give Malaysia autonomy over the domestic transit services to serve Malaysia’s domestic needs and benefit Malaysia, while both countries work together on the cross-border HSR services.

On the Johor Bahru-Singapore Rapid Transit System (RTS) Link, both countries can only determine the type and alignment of the crossing after both terminus locations have been confirmed. Singapore informed Malaysia in June 2011 that the terminus in Singapore would be located at the Woodlands North station of the Thomson-East Coast Line. However, we have yet to receive official confirmation of the location of Malaysia’s RTS terminus in Johor Bahru. As such, contrary to what was said in the Malaysian media by Johor State Exco for Public Works, Rural and Regional Development Committee Chairman Datuk Ir. Haji Hasni bin Haji Mohammad, there is no agreement with Malaysia that the crossing will be a high bridge.*

- CNA/xq
http://www.channelnewsasia.com/news/singapore/singapore-surprised-by/1927124.html

m4PUapW.jpg


Jurong East HSR Terminal project could go up in smoke?

JuVDFoE.png

genting... ho seh riao :s13:
 

Keverus

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Stocks in focus for the week:

1. Noble
2. Genting SP
3. Yoma
4. Yuuzoo

lip lai discuss!
 

Keverus

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Noble...time to long?

-Retailers showing signs of confidence. Up to 2 cents last friday, without BB interference. uptrend on low volume. slow but bull signal.

- shorting interest diminishing

-many shorts remain uncovered. when shorts are covered, it will inevitably push prices upwards. simple demand supply logic.

- Goldman Sach has slapped a 77 cents TP.

Verdict: buy. three key resistance at 74 cents, 76 cents and 78 cents.
 

worcer

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Noble...time to long?

-Retailers showing signs of confidence. Up to 2 cents last friday, without BB interference. uptrend on low volume. slow but bull signal.

- shorting interest diminishing

-many shorts remain uncovered. when shorts are covered, it will inevitably push prices upwards. simple demand supply logic.

- Goldman Sach has slapped a 77 cents TP.

Verdict: buy. three key resistance at 74 cents, 76 cents and 78 cents.

That's y u dun understand bb.

They dun lose interest in shorting... They waiting for chance to short.

Simply put, looking for target to short. Once u wan to long, they leave it alone.

It's all a stress game they put on small players. Just that it's only stressful to u and not to them.
 

Keverus

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Genting SP....opportunity to short

-Has been hovering around this region, with dumping/shorting pushing price gradually down to 90.5 cents

-Revived by buyback to around 93 cents

-Adverse news (msia railway major cock-up)

- Old adverse news: Jeju remains uncertain and unresolved

- Genting is still bogged by the same fundamental problems (lesser high rollers, bad debts, shift to e-gaming reduces customer pool and thus revenue)

-Case study comparison: LVS (las vegas sands) continues to languish under $55, a far cry from 52w high of $78. Gambling stocks continue to struggle.

Verdict: SHORT-SELL. First TP at 88 cents. Second TP at 85 cents.
 
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