Milo's TA discussion and sharing thread

[chainer9999]

you still holding midas?
if so.. gxgx... inching closer to 60c.. but don't be greedy la... 59.5c can take profit liao since 60c sure got fat queue

cimb say target 57c

 

[Milo-Dino]

milo, last request

How about OUE?? is it waiting to move out of channel??
next upside can see what tp?

Support at 2.77....

breaking 2.87.. can possibly chiong to $3? lol

 

[SoulDealer]

Milo, can help with a TA for Eratat ? Its looking good from what i see.

 

[lanzhu60]

Milo, can help with a TA for Eratat ? Its looking good from what i see.

Any analysis for Thai bev? Thks

 

[Sinkie]

Milo, can help with a TA for Eratat ? Its looking good from what i see.

 

[remy3413]

Sinkie, that chart does not look good right? Because it is a descending triangle?

 

[Sinkie]

Sinkie, that chart does not look good right? Because it is a descending triangle?

it is either a channel or a descrning triangle, doesnt matter but it break the support, should go to the next support unless got new news coming in to chg the trend

 

[Milo-Dino]

Any analysis for Thai bev? Thks

if you are playing breakup from 45c resistance... it looks like a false break based on TA...

but you are buying for FA to keep, I think it's still has a good outlook with the purchase of F&N.

 

[Milo-Dino]

Milo, can help with a TA for Eratat ? Its looking good from what i see.

Eratat failed the breakup when it closed below 14.5 if i'm not wrong... Can't see charts and pictures in office

 

[Sinkie]

Eratat failed the breakup when it closed below 14.5 if i'm not wrong... Can't see charts and pictures in office

can see from your big big note 2 one leh

 

[Milo-Dino]

can see from your big big note 2 one leh

wah how u know... i use KE's charts and use ruler on my phone to imagine breakout price leh
hahah

 

[zhaoshanhe]

hi milo,

dont mind me asking. for TA, you did not use stochastic or RSI indicators. i understand they are lagging indicators but wats your take on them?

 

[chainer9999]

can ta mewah bo?

 

[Milo-Dino]

hi milo,

dont mind me asking. for TA, you did not use stochastic or RSI indicators. i understand they are lagging indicators but wats your take on them?

I used to use them but found them inefficient....

Oversold can remain oversold... like in a bear rally
like wise overbought for bull rally

Stocs and RSI (in my opinion) is only good for sideways market/stock...

 

[Erwinlow]

what are the indicators that you use and what do you look out for when analyzing a chart?

thanks for your input!

 

[leozzz]

Hi Milo and Sinkie, what do you guys think of PEC?

 

[Milo-Dino]

what are the indicators that you use and what do you look out for when analyzing a chart?

thanks for your input!

you look at my charts lor...

I only use MACD, bollinger and MAs... plus candlesticks

 

[Sinkie]

what are the indicators that you use and what do you look out for when analyzing a chart?

thanks for your input!

you look at my chart, i dont use indicators at all at most a ma14

 

[Sinkie]

Spoiler

on first glance, should be going toward the 24-26c support.

Nav wise, is about 51c. signficantly 50% undervalued

last news affecting it
DJ MARKET TALK: Sembcorp May Cut Its Gallant Stake -Credit Suisse - > 17/12/2012
DJ MARKET TALK: Gallant's Indomobil Buy Is "Left Pocket To Right" - Citi --> 14/12/2012

Spoiler

0831 GMT [Dow Jones] Gallant's (5IG.SG) purchase of 52.4% of Indomobil (IMAS.JK) was done without a premium because "it's left pocket to right-hand pocket," says Ferry Wong, an analyst at Citigroup; he says both companies are essentially owned by the Salim Group. Gallant will need to make a tender offer for the rest of Indomobil at the highest share price for the past 90 days, or IDR5,800/share, offering shareholders a slight premium, he says. IMAS shares are down 1.9% at IDR5250. He adds he believes Indomobil was shifted to Singapore to make Gallant a larger company; "it's still fairly small," he says, noting its net profit is below S$10 million a year, compared with Indomobil's around US$90 million a year. Gallant posted a 9M12 net loss of S$6.7 million; Indomobil reported 9M12 net profit of IDR445.65 billion. "The growth is supposed to be pretty strong over the next three to five years. The company is growing at a significant rate, a long as four-wheeler volume growth remains robust," he says. Gallant is up 1.8% at S$0.285. (leslie.shaffer@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires
December 14, 2012 03:31 ET (08:31 GMT)
Copyright (c) 2012 Dow Jones & Company, Inc.

*DJ Gallant Venture: Seeks to Raise S$675.5 Mln Through 1-for-1 Rights Issue --> 14/12/2012
--> right issue 28c, 1 for 1, so 28c shd be a good support

 

[Sinkie]

Spoiler

hi milo, is the way i analyse a chart too long?



someone asked about ASL marine, so probably i use this as an example.

these are just my thoughts and personal opinion, read base on the numbers indicated for the sequence in how i interpret and analyse a chart

ASL marine

1) Charts
(daily chart)

(weekly chart)

2) recent research report

-DJ MARKET TALK: CIMB Raises ASL Marine Target To S$0.85 Vs S$0.78 14/11/2012

Spoiler

0833 GMT [Dow Jones] STOCK CALL: ASL Marine (A04.SG) delivered a sterling fiscal-1Q, with all three business arms performing well with better gross margins, CIMB says, noting core 1Q results were 37% of its FY forecast and 48% above its expectations. "We expect ASL to continue making strides as higher-value shipbuilding projects are recognised in subsequent quarters. Quarterly earnings momentum and strong orders could catalyze the stock."

It is positive on ASL's agreement to acquire Dutch company Vosta LMG International for EUR5.1 million even though it is unprofitable; "Vosta's technical know-how will complement ASL's shipbuilding operations," it says, adding it will also enable ASL to vertically integrate and scale up the value chain. It raises its target to S$0.85 from S$0.78 after rolling valuations forward, keeping an Outperform call. The stock is up 4.8% at S$0.655. (leslie.shaffer@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires
November 14, 2012 03:33 ET (08:33 GMT)
Copyright (c) 2012 Dow Jones & Company, Inc.

- MIDCAP-Singapore ASL Marine leads on analyst revisions in industrials 24/9/2012


3) Sgx Announcement

--------------------------------------------------------------------------------------------------
After reviewing all these informations, we will now identify the catalyst for the share to move further

1)is there any earnings? when is the next earnings?
-Expected for Q2 2013
ASL Marine Holdings Ltd ASL SP 08/02/2013

2) is the chart showing some unusual volume to insider news?

- No, not much usual volume

3) is there any placement lately?
- no

4) is price below NAV?
- yes, last reported NAV is $0.84, currently trading below nav.

5) is there any recent FA or corporate news or acquisition that will act as further catalyst?
- No, base on what cimb research report say (refer above), the latest acquisition wont be profitable

6) any other catalyst?
- cant think of any

----------------------------------------------------------------------------------------------

conclusion: the only cataylst identified is earnings nia unless theres some insider news leak. next resistence is 76c, 4c more? got meat?

hoot or no hoot? please advice?

still waiting for 76c resistence but now it could be 70c support too..

have to wait for earnings liaoo..