Milo's TA discussion and sharing thread

[chainer9999]

Hi all,

I'm planning to buy starhill reit. Any comments?

Planning to enter at 0.87. is this reasonable.

In for the long term. Thanks.

Ask dw la. He also getting starhill

 

[SoulDealer]

Anyone done any shopping today ?

 

[magemerlin]

Yes! another 15 lots of starhill global reit at 0.885

Waiting for the bumper dividend from Toshin to be announced soon

 

[remy3413]

Anyone done any shopping today ?

Cannot do shopping now, I'll wait till may to decide, volume is starting to thin already

I did shopping in April 2010, worst ever LOL

 

[SoulDealer]

Cannot do shopping now, I'll wait till may to decide, volume is starting to thin already

I did shopping in April 2010, worst ever LOL

Why April 2010 was worst ?

 

[xorion]

Hi all,

I'm planning to buy starhill reit. Any comments?

Planning to enter at 0.87. is this reasonable.

In for the long term. Thanks.

why starhill.. yield is so-so? hmm..

 

[guanguan]

why starhill.. yield is so-so? hmm..

I also don't understand, y starhill?

 

[remy3413]

Why April 2010 was worst ?

Most companies XD in April, a lot of people also chase for dividend, after XD people keep throwing because of May coming up.

 

[remy3413]

Sinkie, can TA technic oil? Looks like a breakdown to me, from the physiological price of 90 cents

I think it might head towards 80 cents

 

[Dividends Warrior]

I also don't understand, y starhill?

Clue word for u, 'toshin' !!!!!! Go find out ur self.......

 

[magemerlin]

I also don't understand, y starhill?

decent yield
one of the few REITS trading at discount to NAV
gearing is healthy
management is active in buying yield accretive properties
mid to high end malls in politically stable countries

recently managers got a 10% increase in rents for next 12 years with Toshin (owns Takashimaya), and it's retrospectively applied meaning the money owed from June 2011 to Dec 2012 amounting to 3.8 mil will be paid out as a special dividend to unit holders in this coming CD).

Also, when I visit wisma atria and ngee ann city it's always crowded. And I think the new wisma atria looks damn chio

 

[dwexdwex]

Anybody care to explain why is there so much short selling for THBEV even when the flunctuation range is small?

 

[Sinkie]

Anybody care to explain why is there so much short selling for THBEV even when the flunctuation range is small?

Because they can still make money from 1 bid

 

[dwexdwex]

Sorry, newbie here. Possible to simplify that even more? :X

 

[Sinkie]

Sorry, newbie here. Possible to simplify that even more? :X

There is many shares available at buyer n seller everyday

Same as golden agri

They can buy 615 n sell 62 to make money
They can be short 62 n cover 615 to make money

100lots each trade can yield 250 each time after transaction cost using 0.22percent

Repeat 3 times in a single day can make transaction cost go down 0.18percent and yield more profit

Proptrader commission is using 0 percent and so they usually target golden agri, thai bev, or Genting because of its liquidity

 

[champion09]

There is many shares available at buyer n seller everyday

Same as golden agri

They can buy 615 n sell 62 to make money
They can be short 62 n cover 615 to make money

100lots each trade can yield 250 each time after transaction cost using 0.22percent

Repeat 3 times in a single day can make transaction cost go down 0.18percent and yield more profit

Proptrader commission is using 0 percent and so they usually target golden agri, thai bev, or Genting because of its liquidity

la professuer....wont be wrong.

 

[dwexdwex]

Does this mean that this counter will continue going sideways for many weeks to come since it is a profitable system for those traders? And what would be a plausible reason for this counter to break its range, either down or up?

 

[Sinkie]

Does this mean that this counter will continue going sideways for many weeks to come since it is a profitable system for those traders? And what would be a plausible reason for this counter to break its range, either down or up?

Market sentiment and news lor

Or else when the market maker detected angmo bank or trying to squeeze the shortist

 

[Sinkie]

Sinkie, can TA technic oil? Looks like a breakdown to me, from the physiological price of 90 cents

I think it might head towards 80 cents

on a weekly chart,

breakdown from rising wedges + double top at 1.05, should find first support at 85c, next stronger support is at 80c, a break of 80c can probably means end of story

Spoiler

Technics Oil & Gas: Shocking miss (NEUTRAL, S$1.02, TP: S$0.95)
Lee Yue Jer (+65 6232 3898, yuejer.lee@sg.oskgroup.com)
Jason Saw (+65 6232 3871, jason.saw@sg.oskgroup.com)
Technics surprised on the downside this quarter, with revenue coming in a
third below expectation and achieving a breakeven performance at the
bottom line. We are cutting our revenue forecast by 15%, while reducing our
EPS forecast by 10%. Downgrade to NEUTRAL with a TP of SGD0.95.
Big revenue miss, but gross margin up to 44% from 37%. The first and last
quarters of the financial year are typically the weakest with the monsoon season
preventing offshore work, but the SGD11.2m showing is weaker than our
seasonally-adjusted SGD17m expectation, after factoring in the loss of revenue
from deconsolidating the Norr Offshore Group (NOG). On the bright side, margins
improved to 44% as a result of a stronger mix of high-margin EPCC contracts.
Other costs generally in line. The other costs generally fell in line with
expectations, again after factoring in the NOG deconsolidation. The missing sauce
this quarter was really the revenue recognition and the resultant contribution to
earnings.
Cutting estimates by 10%. We are cutting our revenue forecast by 15%, given
the slow pace of order wins and no order book guidance from the company for the
second quarter running. Our EPS falls by 10%, less than the revenue drop as the
overall business is now higher-margin. This brings Technics to a likely SGD19.1m
bottom line compared to last year’s SGD20.2m.
Downgrade to NEUTRAL, with TP of SGD0.95 based on 11x FY13F EPS. We
are lowering our multiple to 11x from 12x with the poorer profit outlook, resulting in
a lower TP of SGD0.95 from SGD1.15. Our dividend forecast this year is also
trimmed to 5¢ from 6¢. There are other oil & gas counters in our coverage with
better growth profiles at lower multiples, with some offering equal yields, thus we
recommend switching into stronger prospects.

poor result, so if you hoot, dont expect it to go back 1.05

 

[Sinkie]

support and evening star?

as expected, right shoulder formed

what is next?