Tuesday, 29 December 2009

REXlot Holding


Watch out for potential breakout above 90c to test 1 dollars soon ... ...

Genting



Genting resort will be opening in weeks time ... i believe it price will be well supported , could test 140-150 soon .. watch out for it ..

Wednesday, 16 December 2009

Straits Asia



it has breakout 233 resistance .. mid term target likely to be around 2.80 level ... stay long

Friday, 11 December 2009

Thursday, 10 December 2009

Wednesday, 9 December 2009

Tuesday, 8 December 2009

Swiber



I extract the following report from DBS Research ;

Two Investment themes for Oil and Gas companies :-
1) The first investment thesis for 2010 is for builders to
outperform asset owners/operators, due to the
resurgence in orders. The picks are Swiber Holdings
(+40% to S$1.24), PEC (+26% to S$0.88) and Sembcorp
Marine (+20% to TP: S$4.26). Swiber has been
upgraded to BUY, with revised target price of S$1.24, in
anticipation of the seasonal offshore field development
order flow in 1Q 2010. PEC, with S$500m order
pipeline, is expected to see more downstream EPC
contracts award in onshore Middle East in 1H 2010.

Chart wise , lookout for break above 91.5c to retest 96.5c again ... stay long

Tuesday, 1 December 2009

REXlot Holding



watch for breakup above resistance level between 73c - 77c ...

Friday, 20 November 2009

Monday, 16 November 2009

Ying Li


Watch for break above the resistance Greenline to test 80c again ...immediate resistance at around 75c level ... strong support at 70c level .. watch closely

Friday, 13 November 2009

Golden Agri


nice breakout of 46c resistance , likely to test 49.5c soon .... .... stay long

Tuesday, 10 November 2009

Tiong Woon


watch for breakup above the pink line to test 80-82c level ... ...

Thursday, 5 November 2009

Article from 曾渊沧博士 - Nov'09

On October 29, the United States Bureau announced upturn in GDP in the third
quarter of 2009. After 4 consecutive quarters of decline, positive GDP growth is an
encouraging sign that US economy is moving in the right direction. However, US Stock
market only rose for a day. Some worried that the Federal government might take back the
government’s stimulus package and the others worried that the growth might not be
sustainable.
In actual facts, all these are excuses. The real reason is: there are too many
speculators. Lots of speculators, using high proportion of borrowing, speculate in stock
market. Any sign of changes in economic or expectation will cause them to sell immediately
in order to cut lost. Cut lost is the main reason for stock market moving up and down rapid.
W
ho are these speculators? They are mainly finance companies, who US Federal
government lent money to during 2008 economic crisis. The US government will not let they
collapsed so as to prevent world depression. Lehman Brothers collapsed had caused
financial crisis. What will happen if Citibank, AIG bankrupt? That will not just only financial
crisis.
The top management in US financial sectors, especially investment banks was
drawing very high pay and bonus. The reason is: they generated lots of income for their
companies. Today, these companies are borrowing money from the US government. If they
use government money to distribute bonus, the US tax-payers will oppose the government
from lending money to them. Therefore, there is an agreement between the government and
these finance companies. The condition for government loans is that they are not allowed to
distribute bonus. The management has no choice but to accept the offer. The only way to
obtain bonus is through gambling. If they win, they can repay loans to the government and
the government has no control over bonus distribution. If they lose, they can always borrow
money from the government and continue to play. They are big enough that the US
government will not allow them to collapse.
Because of speculation, the stock market fluctuated rapidly. Since July till now, Straittimes
index move up and down but still within the range of 200 point. We may consider focus
on China stock market. On October 30, China launched biotech VCs, new tech stock market.
All stock up by almost 70% in a day. These companies are mainly hi-tech, environment
related, bio-tech and new energy stock. I foresee Singapore may follow in a short period.
SM Goh Chok Tong visited Fujian Province in PRC last week. There are many
Singaporean, including SM Goh, their parents migrated from Fujian. Today, the relationship
between Taiwan and Fujian is getting better, China Government is planning to develop
Fujian as most of the Taiwanese also migrated from Fujian and having the same languages.
Therefore, I think Fujian stock may become more popular.

Sunday, 1 November 2009

Capital Land - Update


expect cap land to gap down as DOW fall a whopping 200 plus points ... look for support around $4 , a break below this level could send to stock to around $3.87

Friday, 30 October 2009

Straits Asia


SA could stage a short rebounce to test 199-200 level again .. immediate resistance is set at 186-188 level .. watch out for the short rebounce ...

Tuesday, 27 October 2009

Monday, 26 October 2009

InnoTek


resistance at 49-51c area ... a breakup with good volume could push this counter towards 60c level !!! watch out for it ... ... a good entry level would be around 45c ... good support level at around 41c level ...

Straits Asia


a good strategy is to buy near 2 level ... i believe the price will find it way up to cover the gap at 215 ... ... support at 2 while resistance remain at 211-215 level .. a break above this resistance could push the price towards 225 level ... watch out for it ...

Monday, 19 October 2009

Utd Envirotech


nice breakout with good volume , price could now proceed to test 45c with an ultimate aim of recent high at 54c ... good support at around 37c level ... watch out for it ...

Friday, 16 October 2009

Gallent Venture


price could test 40c and beyond soon .. strong support can be found at 30c level ... watch out for it ...

Wednesday, 14 October 2009

Genting



watch out for potential retest of 1.20 ... ... as Genting IR will be opening soon , this is a must have stock in your portfolio ... :-))

Saturday, 10 October 2009

Thursday, 8 October 2009

NOL - turning bullish again ???



Once it breakout the green line , it could go towards it first target of 1.80 again ... watch out for it ...