FIDE World Chess Championship Match - Anand Vs Topalov

The FIDE World Chess Championship match between the reigning World Champion Viswanathan Anand of India and his challenger Former World Champion Veselin Topalov of Bulgaria is set to start on the 21st April with the official opening ceremony.

The match is taking place at the Central Military Club in Sofia, Bulgaria. The total prize fund 2.000.000 EUR

Viswanathan Anand won the World Championship in 2000 under knockout system and held the title until 2002. In 2007 he reclaimed the throne by winning the double round-robin World Championship tournament in Mexico. He successfully defended the title in the match against Vladimir Kramnik, which was held in 2008 in Bonn, Germany.

Veselin Topalov became the World Champion after winning the first double round-robin World Championship Tournament in 2005 in San Luis, Argentina. He lost the title in 2006, following the unification match against Vladimir Kramnik in Elista, Russia. He again earned the right to challenge the World Champion by winning the 2009 match versus Gata Kamsky.

****
Sunday, 25th April:
Viswanathan Anand strikes back in game two and equalises the score to 1-1. The third game is taking place on Tuesday, 27th April.

SuperCof

price touch 52 week high with good volume , look set to continue it climb towards 90c and beyond ... buy on any dip ...

i extract the following statement from Phillip Securities :

We visited the Tuas and Malaysia’s manufacturing facilities for Super Coffeemix
Manufacturing Ltd (“Super”, “the company”) on 7th April 2010 and were satisfied with the
systematic operations in their facilities. Being a strong brand in the regional markets, the
revenue for Super had been fairly resilient even during the economic downturn experienced
in recent years.
• The company’s revenue contribution comes primarily from coffee products.
• Sales are derived mainly from Asia and the company is one of the largest producers of
coffee products.
• Potential growth in the ingredient sales segment for the company.
• Strong cash on the balance sheet that would enable the company to acquire
businesses with synergies with the company’s business model.
• Potential listing in Taiwan Depository Receipts (TDR) could result in higher valuation for
the company.
• Streamlining of business by divestment of non-core business.

Falcon Energy

look for break above 75c(200 day MA resistance) to hit 80c level ... very good support at 70.5 to 72.5c area

i reproduce the following report from KE :

Falcon Energy (FALE SP) - Spreading its wings

§ FEG operates one of the world's largest fleets of work/ accommodation barges, which serve as vital workstations for offshore production rigs. Its recent acquisition of a 29.1% stake in CHO is a good strategic move, bringing with it a younger deepwater AHTS fleet and new clientele in Latin America and Australia. We are initiating coverage on FEG with a BUY recommendation and target price of $0.99.

§ We expect FEG to double its earnings by FY12 as it pursues fleet expansion and embarks on new Mid-East oilfield projects. Our target price of $0.99 is pegged at an undemanding 11x FY11 PER or 0.4x PEG. This leaves room for re-rating on the successful execution of its expansion plans and integration with CHO.

Gallent Venture

resistance at 28c ... look out for break above to touch 35c ... watch out for voloume ...

Ulu Pandan C.C ( Good Friday Chess Compeition 2010)

Congra Yi Quan and Qi Xun for coming 5th and 6th respectively in their category ... :-))