NOL

ship to set sail again ??? look good ... ... stay long

Genting

breakout time ??? key resistance at 120 , a good breakout could mean 130 in the near term ... watch out !!

Ezra

look for break above 185 for target around 198 ...

National Junior Blitz Championship 2010

congra Yi Quan for coming in 4th in the under-8 National Junior Blitz championship 2010 .

Inaugural National Kindergarten Chess Championship 2010

Qi xun came in six at the very first National Kindergarten Chess Championship 2010 held at Illuma shopping mall . Good Job :>

Yanlord

very strong support at around 155 level ... for mid to long term , Yanlord offer very good investment opportunity at current price ... ... watch out for it

SuperGroup

likely to test 95c again .. first resistance at 915 area ... watch for volume ...

NOL - update

look set to break up 195 .. resistance at 208-215 area ... stay long

Mathematics & Chess Conference - 2010 ( held at Yishun JC)

Congra Yi quan for coming in 1st in the Under 8 category and 4th in the overall category ... well done :)

Ezra

looking good for a breakout to retest 177 follow by 200 .. watch out for it ...

China MinZhong

NOL - update

look for break above the short term downtrend resistance line(blue line) , i expect the price to test 210-215 soon .. NOL will release it result on 14th May .

Anand, Topalov draw in game 10 for World Chess title

SOFIA — India's defending champion Viswanathan Anand and his Bulgarian challenger Veselin Topalov drew in the tenth round of their 12-game match for the world chess title on Friday.

The draw was agreed on the 60th move, allowing the two to keep even with a total result of 5-5 points. The next game is scheduled for Sunday.

Anand, known as the "Tiger from Madras", and Topalov have two wins each, while six games have ended in a draw.

The first player to score 6.5 points or more after the 12 games will be declared the new world champion.

If the scores are level after 12 games, the two will play four tie-break games of rapid chess, where each player has a total of 25 minutes to make his moves.

If the scores are still even after that, the new world champion will be decided in five five-minute blitz chess matches of two games each, ultimately followed by one sudden-death game.

The 40-year-old Anand first became world champion in 2007 and successfully defended his title in 2008.

Topalov, 35, won the right to challenge him by beating Gata Kamsky of the United States in the semi-final in February 2009.

The new world chess champion will win a prize of 1.2 million euros (1.58 million dollars), while the loser will take home 800,000 euros.

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 ... :-))

GuocoLeisure

Watch for break above 70.5c ... potential to hit 76c if this resistance is taken down ... watch for it ...

Hoe Leong

strong support at 39.5c area ... price could hit 45c again .. watch out for volume to return ...

Ramba

very good support at 44-46 area ... stock look set to touch 515-540 again .. watch out for volume to return ...

National Ship to set sail ?

very strong resistance at 194-198 area , however i expect this resistance to be taken down soon .. NOL could hit 2.20 soon .. watch out for it ....

i extract the following report from CIMB dated 2nd Mar 2010 ;

Maintain OUTPERFORM and target price of S$2.60; no change to earnings. NOL’s
period 1, 2010 operating statistics (six weeks from 26 December 2009 to 5 February
2010) saw a 10% sequential rise in average freight rate, the first material rise in more than a year, while demand remained strong. We believe the rise in average rate
reflects the successful transpacific (TP) emergency revenue charge from 15 January,
and possibly the re-pricing of Asia-Europe (AE) contracts. NOL is a strong beneficiary of improving TP rates, as more than half of NOL’s revenue comes from the TP. We expect successful renegotiation of the annual TP contracts come May/June to be the key re-rating catalyst. Our target price is based on a 1.8x P/BV multiple, which is based on a 20% premium to the upper limit of its 0.5x-1.5x historical trading band excluding the 2.5x reached during the super peak of 2007). Also, NOL’s virtually zero-debt balance sheet will enable it to accumulate distressed assets, if any.

Ang Mo Kio CC Hong Bao Rapid Open Chess Challenge 2010

congra Yi Quan(under 8) and Qi Xun(Young Beginner) for coming in third in their respective category ... :-))

CSE Global

very good support at around 87c level ... a break above 92c should test 97c .. watch out for it ... ...

i extract the following report from CIMB ;

(CSE SP / CSES.SI, OUTPERFORM - Maintained, S$0.88 - Tgt. S$1.37, Oil Equipment and Services)

Maintain Outperform on CSE. 4Q09 net profit of S$11.5m (+44% yoy) was broadly in line with our expectations and consensus. We maintain our EPS forecast for FY10-11 and introduce FY12 numbers. Our target price remains unchanged at S$1.37, still based on 11x CY11 P/E (7-year historical average). CSE is trading at attractive valuations of 8x CY10 P/E and remains our top pick among the second-tier O&M plays. We like CSE for its well-diversified global and industrial business model, which will translate to more sustainable and stable earnings. With a strong order book of S$389m, management guides for an improved performance in FY10. We see stock catalysts from order wins in Europe, Middle East and Australia driving share price higher.

Ying Li

very good support at 41.5c level , i expect the price to hit 51c in the near future ... watch out for it ..

I extract the following statement from KIM ENG ;

Target price: $1.20 (maintained)
Ying Li reported FY09 PATMI of RMB48.4m that was bolstered by fair value gain of RMB113.8m on revaluation of investment properties. Bottomline will be muted until end-2010 when pre-sales begin at the IFC and Da Ping projects. The signing up of tenants at the IFC from Jun-10 and the bidding outcome for Wuyi Road project by 1H10 are key catalysts. At 13.3% net gearing, banks will continue to lend support. Great bargain at steep discount to RNAV of 63%. Maintain Buy.

NOL

NOL could retest 174-179 in the short term again .. watch out for it