Milo's TA discussion and sharing thread

[SoulDealer]

wah.. my identified support haven't break for statschip, you really no sell?

haha

LOL.. Cutting loss now though the price slowly climbing up le. I see also sian. Haha..

Now this is damn expensive lesson. LOL.. from +1.5k to -4k paper value.

 

[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..

ASL Marine

ASL Marine Holdings has posted a 39.8 per cent rise in second-quarter net profit to $10.6 million.

Total revenue for the three months to Dec 31 was up 7.3 per cent at $83 million.

Revenue from the shipbuilding segment increased by 3.4 per cent to $49.9 million.

Earnings per share climbed to 2.53 cents from 1.81 cents previously, while net asset value per share firmed to 89.27 cents compared to 84.42 cents as of June 30.

earnings is good, lets see for the resistence 76

 

[Erwinlow]

ASL Marine sigh...opened at .745, go up to .75 then now at .725. Got earnings like no earnings like that

 

[Bishio]

ASL Marine sigh...opened at .745, go up to .75 then now at .725. Got earnings like no earnings like that

sell on news. plus mkt is not gd currently. ang ang ma.

 

[compro_1975]

mapletreelog still can burst bo? me like to +0.05 ytd sia!!

 

[compro_1975]

boss, what's ur forsight on loyz energy? today the married sales keep pushing prices down

 

[Milo-Dino]

sold 20lots of Thbev at 51c... was too slow to sell at 51.5c...

remaining 20lots (which are my dad's)

 

[Milo-Dino]

boss, what's ur forsight on loyz energy? today the married sales keep pushing prices down

loyz energy is rafflesian's stock right?

dunno if he still got

 

[n1ef5ng]

sold 20lots of Thbev at 51c... was too slow to sell at 51.5c...

remaining 20lots (which are my dad's)

Sold also? Will u buy them again?

 

[Milo-Dino]

Sold also? Will u buy them again?

kns.. pushed back to 515/520....

really flush pple like me out

I might buy back after CNY... see how....
The market like abit unstable liao and I'm quite heavy with midas, stx and hupsteel.... so I thought cash out some thai will be good..... (just felt my luck this week quite bad lol)

 

[compro_1975]

loyz energy is rafflesian's stock right?

dunno if he still got

Is it??? Me like energy counters.... Knn tat that shoot up tiday shoot down below sea... Knn dun noe who they offended...

 

[compro_1975]

kns.. pushed back to 515/520....

really flush pple like me out

I might buy back after CNY... see how....
The market like abit unstable liao and I'm quite heavy with midas, stx and hupsteel.... so I thought cash out some thai will be good..... (just felt my luck this week quite bad lol)

Mine some coubter like genting gd... Tye rest chui... Aht hard to puah the 1

 

[Milo-Dino]

Mine some coubter like genting gd... Tye rest chui... Aht hard to puah the 1

genting up probably because people think CNY will have lots of pple going to gamble I guess...

generally market not looking that good.. all taking money off the table

 

[remy3413]

I entered another 10 lots stx osv @ 1.245

milo made how much ang bao money?

 

[Departure81]

I entered another 10 lots stx osv @ 1.245

milo made how much ang bao money?

I was looking at stx too. Was thinking about buying either 10 or 20 lots. Downside limited, but not too sure of the upside.

 

[remy3413]

I was looking at stx too. Was thinking about buying either 10 or 20 lots. Downside limited, but not too sure of the upside.

read their financials and trust their books, it's one of the best picks i can find, there are other gems too

i bought them at near support levels, 1st support broke then now i buy at the second support, i believe the selling is to flush those who are weak at holding good stocks. Especially those who bought high

 

[Sinkie]

woooohooo.. time to buy olam again?

Olam to review capex, free cash flow targets
PRINT |EMAIL THIS ARTICLE

The warrants, which could raise another US$500 million for Olam if fully exercised, have a strike price of US$1.291 and may be exercised only after 2016 - PHOTO : REUTERS
SINGAPORE - Singapore commodities firm Olam International Ltd, which came under attack last November by short-seller Muddy Waters LLC, said it has begun a review of its business including it priorities, capital spending and free cash flow generation targets.
"The review is expected to be completed within the next three months after which a suitable announcement will be made," Olam said in a statement after reporting its quarterly results.
Olam said its net profit rose 20 per cent to S$154.1 million (US$124 million) for the three months to Dec 31, from S$128.5 million a year earlier.
It added that the results included an operational gain of S$22.1 million due to fair valuation of biological

 

[Departure81]

read their financials and trust their books, it's one of the best picks i can find, there are other gems too

i bought them at near support levels, 1st support broke then now i buy at the second support, i believe the selling is to flush those who are weak at holding good stocks. Especially those who bought high

Yeah I was deciding between Geo Energy and Stx. End up didn't buy anything! Haha.

 

[remy3413]

Yeah I was deciding between Geo Energy and Stx. End up didn't buy anything! Haha.

go bloomberg and do a search for the companies, see the general fundamentals and compare. It will roughly show you which companies are undervalued or overvalued. Then proceed to the company's website and do a study on it's financials. Final step, make a decision and press the buy or sell button

STX OSV has large cash and they are in a net cash position

 

[remy3413]

woooohooo.. time to buy olam again?

Olam to review capex, free cash flow targets
PRINT |EMAIL THIS ARTICLE

The warrants, which could raise another US$500 million for Olam if fully exercised, have a strike price of US$1.291 and may be exercised only after 2016 - PHOTO : REUTERS
SINGAPORE - Singapore commodities firm Olam International Ltd, which came under attack last November by short-seller Muddy Waters LLC, said it has begun a review of its business including it priorities, capital spending and free cash flow generation targets.
"The review is expected to be completed within the next three months after which a suitable announcement will be made," Olam said in a statement after reporting its quarterly results.
Olam said its net profit rose 20 per cent to S$154.1 million (US$124 million) for the three months to Dec 31, from S$128.5 million a year earlier.
It added that the results included an operational gain of S$22.1 million due to fair valuation of biological

breakout coming?

if it breaks 1.70, it looks good