Milo's TA discussion and sharing thread

[Milo-Dino]

Sembmarine result looks cui

Dividend 6+2c

genting also cui...

 

[remy3413]

Sembmarine result looks cui

Dividend 6+2c

Cui, I got 7 lots lol

 

[bencheongcm]

in ezra at 1.15

@milo that time I remember you said support around 1.16 but safer to enter 1.14 tio boh ?

 

[remy3413]

@milo that time I remember you said support around 1.16 but safer to enter 1.14 tio boh ?

support range 1.15 - 1.16, if the price hits 1.14, it's no longer the support, it will try to test 1.09

 

[Milo-Dino]

ezra.... has hit possible tikam price...

support at 1.14-1.15... nearby resistance at 1.175-1.185.. after that is 1.24

@milo that time I remember you said support around 1.16 but safer to enter 1.14 tio boh ?

Tiok... the MA moved so i had to move the support lower...

my stop is at 1.13 for now

 

[Sinkie]

Spoiler

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

Spoiler

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

still on track, adjust support abit down after kepcorp result

broken down already

come to support

interesting

lets see can breakout from the dowtnrend or not

ok target met at 4.50 already

 

[Sinkie]

genting? possible?

 

[bencheongcm]

ok target met at 4.50 already

@Sinkie can I ask where would be your next support ?

 

[Sinkie]

@Sinkie can I ask where would be your next support ?

not sure leh, got to see the next few days

base on chart the next 2 supports are at 4.34 and 4.10

 

[Hoo8899]

Sembmar down 4%, sorry to Remy and those who owning it. Hit the ceiling and gap down to trade below 200MA, not a good sign, support located around 4 dollars which is the ascending line from 2009, do you think it'll hold? Let's hope so because that's the level that i consider to load.

 

[Hoo8899]

genting? possible?

seriously possible IMO, I never buy Genting as I don't go casino

 

[bencheongcm]

not sure leh, got to see the next few days

base on chart the next 2 supports are at 4.34 and 4.10

wao if 4.10 is jin scary. But if like what you mention around the 4.3X region still have sense of recovery boh ?

Can ask the reason for such a huge drop ? people buay song the dividend payout ?

 

[Sinkie]

wao if 4.10 is jin scary. But if like what you mention around the 4.3X region still have sense of recovery boh ?

Can ask the reason for such a huge drop ? people buay song the dividend payout ?

Sembcorp Marine: Margin Recovery Still Elusive; Buy TP $5.40
SMM SP | Mkt Cap USD8.0b | ADTV USD16.9m
Ø FY12 revenue came in at SGD4.4b (+12% YoY) with net profit of SGD538m (-28% YoY). Net profit was about 5% lower than our forecasts. Full-year dividends were also lower at 13 cts/sh. We cut our target price to SGD5.40 but maintain our Buy call.
Ø Margins disappointed in 4Q12 moving against our expectation for a recovery. Management emphasised that this was due to conservative recognition. We believe that margin recovery is still promising but have lowered our expectations.
Ø Order win outlook remains good and we see positive contract flow continuing in FY13F. However, stock may succumb to near-term selling from weak margins. Opportunity to accumulate at lower levels.

 

[bencheongcm]

Sembcorp Marine: Margin Recovery Still Elusive; Buy TP $5.40
SMM SP | Mkt Cap USD8.0b | ADTV USD16.9m
Ø FY12 revenue came in at SGD4.4b (+12% YoY) with net profit of SGD538m (-28% YoY). Net profit was about 5% lower than our forecasts. Full-year dividends were also lower at 13 cts/sh. We cut our target price to SGD5.40 but maintain our Buy call.
Ø Margins disappointed in 4Q12 moving against our expectation for a recovery. Management emphasised that this was due to conservative recognition. We believe that margin recovery is still promising but have lowered our expectations.
Ø Order win outlook remains good and we see positive contract flow continuing in FY13F. However, stock may succumb to near-term selling from weak margins. Opportunity to accumulate at lower levels.

thanks

 

[Milo-Dino]

i'm for quick in quick out...

i needed to execute 1 more trade on igmarket this month for free data feed....

I actually queued to see if can sell at 1.155 today but didn't hit me.

near term target can look at 1.18

hmm i'm out of Ezra at 1.155.... didn't wanna hold for weekend... plus my purpose was to just earn 1 bid so i don't have to pay igmarket for datafeed this month lol..

 

[chopra]

 

[Dividends Warrior]

Sembmar down 4%, sorry to Remy and those who owning it. Hit the ceiling and gap down to trade below 200MA, not a good sign, support located around 4 dollars which is the ascending line from 2009, do you think it'll hold? Let's hope so because that's the level that i consider to load.

Yup. $4 is a good price to enter......

 

[staedtler_07]

hmm i'm out of Ezra at 1.155.... didn't wanna hold for weekend... plus my purpose was to just earn 1 bid so i don't have to pay igmarket for datafeed this month lol..

What kind of data feed does IG market provides? Care to share?

 

[remy3413]

Sembmar down 4%, sorry to Remy and those who owning it. Hit the ceiling and gap down to trade below 200MA, not a good sign, support located around 4 dollars which is the ascending line from 2009, do you think it'll hold? Let's hope so because that's the level that i consider to load.

i bought since 2011 LOL

 

[Milo-Dino]

What kind of data feed does IG market provides? Care to share?

Live data prices lor...

If not you only got delayed prices.. or if pay cheaper one can only trade via marketmaker.... I subscribe the most expensive one so my cfd is dma