*Official* General Market Chit Chat Thread

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thosai

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ya sleep more and don't see market better hahahahahah

wait for 2016, BULL PLEASE COME HOME ah LOL

You can pick up some skills in Spain:
BULL-FIGHTING-BAN.jpg
 
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Don't think so. The Saudi's won't stop until they choke the Americans.
Best part is they don't even have to do anything, just continue pumping at current rate.

Got some saying Saudi cannot take it Liao, they will cut production next month. Dunno how true is it.

It is a bet over whether they will cut production or not next month during opec meeting.
Saidi revenue is greatly affected this year.
 

ValueInvestor

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oil very hard to say

even thou they try very hard to produce more and force prices down

maybe wait 2016 suddenly got major war and oil spikes up

usually during war, oil and gold goes up.... dunno when the next big conflict will come.... might see new super powers like china or russia in action lol
 

Adenovirus

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I also don't think OPEC will cut production after meeting in December. The Saudis just issued bonds in order to tide them over since they are running budget deficit ever since oil prices tanked. Besides, shale is down but not dead. But I think shale won't die off. Even if it does, it will be momentarily because when oil prices recover, so does shale. Whether the Saudis like it or not, shale is here to stay.

I might wanna add that barring any unforeseeable circumstances, I feel it's extremely unlikely for oil prices to go back to the $1XX territory in the near future, reason being demand for oil has declined due to increased energy efficiency, increased adoption of renewables, and the economic slowdown in China and EM.

I ain't very happy about this since 60% of my portfolio consists of O&G shares :(
 

ValueInvestor

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My pure growth stock is only RMG.

The rest all dividend-focused :o

maybe can consider some banks too for a bit of growth, they now super cheap cheap

however banks usually don't grow as fast as industries such as medical/healthcare

banks... i think growth more towards like following the countries/regions GDP (SG 3%, China 6.5%)
 

ValueInvestor

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STI sleepy at 2900 level










Latest News, Corporate

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Noon Market

STI gains 0.20% to 2,909.37 at midday
By Benny Tan / theedgemarkets.com | November 24, 2015 : 12:59 PM MYT
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SINGAPORE (Nov 24): Singapore stocks gained at noon on Tuesday, with a mixed performance among large-caps and little in the way of a strong lead from the US or other Asian markets.

The Nikkei 225 and Hang Seng Indices dipped around 0.1% and 0.7% respectively, while the KOSPI Index added about 0.2%. Meanwhile, the Shanghai and Shenzhen Composite Indices saw respective declines of around 0.7% and 0.01%.

By 12.14pm, the Straits Times Index rose 0.20% to 2,909.37. Market breadth was however negative. Excluding warrants, decliners outnumber gainers 145 to 136.

The Straits Times Index traded between 2,898.82 and 2,915.04, after opening 0.03% lower at 2,902.71.

A total of 619 million shares worth $324.1 million changed hands, giving an average price of about 52 cents per share for the entire market.

Vashion Group, Magnus Energy Group, Sincap Group, Noble Group, and New Silkroutes Group were among the most actively traded counters.

Among STI components, Genting Singapore climbed 5.3% to 79 cents, while Yangzijiang Shipbuilding rose 2.2% to $1.14. Meanwhile, Noble Group slipped 2.4% to 40 cents, while Hutchison Port Holdings Trust shed 0.9% to 53.5 US cents.

Vashion Group slumped 20% after a trading suspension was lifted. The apparel retailer announced various changes to its management.

Sincap Group tumbled 10.5% to 6.8 cents. The alumina and thermal coal trader requested for a trading halt on its shares pending the release of an announcement.

Noble Group slipped 2.4% to 40 cents, after ratings agency Standard & Poor’s joined Moody’s Investors Service in reviewing the commodity trader’s ratings over liquidity concerns.

Companies that went ex-distribution on Tuesday include Viva Industrial Trust.
 

ValueInvestor

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bonds like FCL/oxley/CMT trading below PAR value liao

anyone hooting bonds?


i no $$$$$ riao... if not sure hoot gao gao sia
 

Genosis

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maybe can consider some banks too for a bit of growth, they now super cheap cheap

however banks usually don't grow as fast as industries such as medical/healthcare

banks... i think growth more towards like following the countries/regions GDP (SG 3%, China 6.5%)

Looking at OCBC :)
 

xshinado

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banking stock are value buy now? I'm tempted to add OCBC in ...
What's the banking stocks react if FED confirm raise interest rates? Will drop further or raise? Please enlighten.
 

Sinkie

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sti is supported by the gap support hor and trading within the continuation bear flag

up or down, depend on this support le hor..

2880 gap support
 

KungFu

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banking stock are value buy now? I'm tempted to add OCBC in ...
What's the banking stocks react if FED confirm raise interest rates? Will drop further or raise? Please enlighten.
Just my simple thoughts, in theory bank stocks will rise due to able to collect more interest from its loans. But then again, the minus points might be that the loans might be changed into NPL (non performing loans) if the debtor is unable to repay the increased amount of interest. Subsequently, it may also affect their net interest margin?

Do correct me if I had presented any of the above in a wrong manner. Haha.
 
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