i am looking at the palm oil stocks now....Golden Agri resources and Wilmar ....both looks like bottoming. if u study, the other palm oil stocks have also stopped dropping....
Wilmar has daily share buy back at $3.00 and a Director has bought 2,000,000 shares at $3.18 recently.
BTW crude palm oil(CPO) has rebounded from the october lows...and seasonally CPO prices tend to rise from Oct to Dec..due to the many festive seasons.
http://www.palmoilhq.com/crude-palm-oil-cpo-futures/
Noble is forming a nice uptrend, supported by the 20 dMA.
YZJ and Cosco should benefit from China Trillion yuan infrastracture stimulus package....both are near the previous low...COSCO $0.87..YZJ $0.91....with the good news from NOL....might stir interests in other shipping stocks.
Showing posts with label NOL. Show all posts
Showing posts with label NOL. Show all posts
Thursday, 25 October 2012
Good news!
NOL turn a $50 M profit for 3rd Quarter(2nd quarter was $91M loss)!
They sold their NOL building..netting a sale proceeds of SGD 246M.
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/all_in_one/company/!ut/p/c5/hZHJjqpAAEW_pT_AVKFMLilKoFAQkGLaEASsRmRqEYGvb5dv89I5y5OT3OSCBHxos6li2Vh1bfYAEUjEdKsovAFVuIeyLkNyCAILawYnu_Dj43_8mXISJBS5PAood1T4P-oQRJBPL3e5t5YxOq3q5N9Xd7ExmS0_40bsrpbtOEXgUaRg-aVNFJggYY_u-tkWFokiYZm8MfFTla1WR5G3bJPL8PaXwSRsp4pejRTL8NhgOvxei79bsWTSbVP6Yf44XtmJjsUh1nDl2K3qk2zaLLOv5cmwaPcnt0b1rHepLsFwDtCO7wMdts9Zck-8KvK2tpO11DCIcAspGwsKF01VUB4OrdDC4DmUncxfJ1ZnnH1DWAhziGs6v4gyXLZVPs-ki33jB1m94HF6dV04tlcSWDnbH-iYp3PTj5dO9HffR-Ecm8OSLs_DKyuNTcHVeYybNDpbbwpso2tKEINE-t8PKpJA39CpkcnXLy9GDnM!/dl3/d3/L0lDU0lKSkthWUEhIS9JTlNBQ0lpTXdxSkFDQUpvb0dBIS80QzFiOVdfTnJ4UUMvN18yQUE0SDBDMDlPVTE3MElVQlE0QlZVMUNCNy8yMTI0NDM2MDMwNTk!/?CompanyCombons_7_2AA4H0C09OU170IUBQ4BVU1CB7_=NOL&CO_ALLONE_SELECTED_INDEX=676&CO_AllONE_CHART_RET_CODE=NOL&CO_AllONE_STOCK_NAME=NEPTUNE+ORIENT+LINES+LIMITED&CO_AllONE_IBM_CODE=1F90&CO_AllONE_HP_CODE=N03&CO_AllONE_MASTER_CODE=229
NOL turn a $50 M profit for 3rd Quarter(2nd quarter was $91M loss)!
They sold their NOL building..netting a sale proceeds of SGD 246M.
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/all_in_one/company/!ut/p/c5/hZHJjqpAAEW_pT_AVKFMLilKoFAQkGLaEASsRmRqEYGvb5dv89I5y5OT3OSCBHxos6li2Vh1bfYAEUjEdKsovAFVuIeyLkNyCAILawYnu_Dj43_8mXISJBS5PAood1T4P-oQRJBPL3e5t5YxOq3q5N9Xd7ExmS0_40bsrpbtOEXgUaRg-aVNFJggYY_u-tkWFokiYZm8MfFTla1WR5G3bJPL8PaXwSRsp4pejRTL8NhgOvxei79bsWTSbVP6Yf44XtmJjsUh1nDl2K3qk2zaLLOv5cmwaPcnt0b1rHepLsFwDtCO7wMdts9Zck-8KvK2tpO11DCIcAspGwsKF01VUB4OrdDC4DmUncxfJ1ZnnH1DWAhziGs6v4gyXLZVPs-ki33jB1m94HF6dV04tlcSWDnbH-iYp3PTj5dO9HffR-Ecm8OSLs_DKyuNTcHVeYybNDpbbwpso2tKEINE-t8PKpJA39CpkcnXLy9GDnM!/dl3/d3/L0lDU0lKSkthWUEhIS9JTlNBQ0lpTXdxSkFDQUpvb0dBIS80QzFiOVdfTnJ4UUMvN18yQUE0SDBDMDlPVTE3MElVQlE0QlZVMUNCNy8yMTI0NDM2MDMwNTk!/?CompanyCombons_7_2AA4H0C09OU170IUBQ4BVU1CB7_=NOL&CO_ALLONE_SELECTED_INDEX=676&CO_AllONE_CHART_RET_CODE=NOL&CO_AllONE_STOCK_NAME=NEPTUNE+ORIENT+LINES+LIMITED&CO_AllONE_IBM_CODE=1F90&CO_AllONE_HP_CODE=N03&CO_AllONE_MASTER_CODE=229
Wednesday, 10 October 2012
Saturday, 15 September 2012
Fed Reserve launched open-end QE3
Stocks and Commodities are going to fly!!! Interest rates will be kept low till mid-2015 which means properties prices are likely to maintain high as long as there's cheap money (low interest rates).......Are u in position to benefit? Good luck!
The Federal Reserve has announced bold, open-ended steps to stimulate the US economy and reduce high unemployment, saying it will spend $US40 billion ($38 billion) a month to buy mortgage-backed securities for as long as necessary.
After trading flat before the Fed’s announcement, US stocks surged to multi-year highs and Australian stocks are set to follow. The Dow and the S&P 500 both closed at their highest levels since December 2007, while the Nasdaq ended at the highest since November 2000.
The US dollar fell, oil prices rose and gold hit a six-month high, and the Aussie dollar shot higher to $US1.0543, its highest level since August 10. Locally, the futures market is pointing to gains of about 0.75 per cent when the market opens.
The central bank also extended a plan to keep short-term interest rates at record lows - close to zero - until mid-2015, or six months longer than it had planned. And it said it’s ready to take other steps even after the economy improves under a ‘‘highly accommodative stance of monetary policy’’.
The plan
‘‘The idea is to quicken the recovery,’’ Fed chairman Ben Bernanke later told a news conference. But he made it clear he thinks the economy will need the Fed’s intervention even after the recovery strengthens, saying the country’s employment situation ‘‘remains a grave concern’’.
A new Fed forecast said it thinks unemployment, now at 8.1 per cent, won’t fall below 8 per cent this year.
"If the outlook for the labor market does not improve substantially, the committee will continue its purchase of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability," the Fed said in a statement.
In an additional move that reflects just how concerned Fed officials are about the economy, policymakers said they would not likely raise interest rates from current rock-bottom lows until at least mid-2015. Previously, it had set such guidance at late 2014.
"To support continued progress toward maximum employment and price stability, the committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens," the central bank said.
"They are definitely stepping up," said William Larkin, a portfolio manager at Cabot Money Management. "It creates an inflation outlook concern because if you are doing it for this extreme for this length of time, my biggest question is what is going to happen to inflation in two years?"
Pushing on a string?
The decision comes in the face of widespread questions about the likely effectiveness of a further foray into unorthodox monetary policy, including from Republican presidential nominee Mitt Romney.
Senator John Cornyn, head of the Senate Republican Campaign Committee, said the Fed appeared to be "trying to juice the economy" ahead of the presidential election to help Obama. "It looks to be political," he said.
Brazilian Finance Minister Guido Mantega said he would keep a close eye on the impact of the Fed's monetary easing on Brazil's real currency. Mantega had accused the Fed's earlier bond buying of unfairly weakening the US dollar.
In its statement, the Fed said the fresh MBS purchases, which it will start on Friday, would come on top of its so-called Operation Twist program, in which it is selling short-term bonds to buy longer-term Treasury debt.
"These actions, which together will increase the committee's holdings of longer-term securities by about $US85 billion each month through the end of the year, should put downward pressure on longer-term interest rates, support mortgage markets, and to help make broader financial conditions more accommodative," it said.
The latest purchases build on the $US2.3 trillion in US government and housing-related debt the Fed has already bought.
In the Fed's first two rounds of so-called quantitative easing, dubbed QE1 and QE2, the central bank bought bonds closer to a pace around $US100 billion per month.
'Swallowing the key'
By buying mortgage-linked debt, the Fed hopes to press mortgage costs lower and force investors into other assets, lowering their yields as well. Those lower borrowing costs should spur greater lending activity and foster faster economic growth, officials believe.
US economic growth cooled in the second quarter, coming in at a tepid 1.7 per cent annual rate, and forecasters do not believe it is doing much better now.
The economy created just 96,000 jobs last month, less than needed to keep up with population growth. While the unemployment rate edged down to 8.1 per cent, it was only because so many Americans gave up on the search for work.
The Fed will provide fresh forecasts that could show softer projections for economic growth and higher unemployment, which would help provide a rationale for its decision.
Stephen Stanley, an economist Pierpont Securities in Stamford, Connecticut, said that by tying its purchases to progress reducing US unemployment, the Fed had "basically locked on the handcuffs and swallowed the key."
Reuters, with AP
Read more: http://www.smh.com.au/business/world-business/the-big-guns-us-fed-launches-qe3-20120914-25vld.html#ixzz26bl5B9an
The Federal Reserve has announced bold, open-ended steps to stimulate the US economy and reduce high unemployment, saying it will spend $US40 billion ($38 billion) a month to buy mortgage-backed securities for as long as necessary.
After trading flat before the Fed’s announcement, US stocks surged to multi-year highs and Australian stocks are set to follow. The Dow and the S&P 500 both closed at their highest levels since December 2007, while the Nasdaq ended at the highest since November 2000.
The US dollar fell, oil prices rose and gold hit a six-month high, and the Aussie dollar shot higher to $US1.0543, its highest level since August 10. Locally, the futures market is pointing to gains of about 0.75 per cent when the market opens.
The plan
‘‘The idea is to quicken the recovery,’’ Fed chairman Ben Bernanke later told a news conference. But he made it clear he thinks the economy will need the Fed’s intervention even after the recovery strengthens, saying the country’s employment situation ‘‘remains a grave concern’’.
A new Fed forecast said it thinks unemployment, now at 8.1 per cent, won’t fall below 8 per cent this year.
"If the outlook for the labor market does not improve substantially, the committee will continue its purchase of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability," the Fed said in a statement.
In an additional move that reflects just how concerned Fed officials are about the economy, policymakers said they would not likely raise interest rates from current rock-bottom lows until at least mid-2015. Previously, it had set such guidance at late 2014.
"To support continued progress toward maximum employment and price stability, the committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens," the central bank said.
"They are definitely stepping up," said William Larkin, a portfolio manager at Cabot Money Management. "It creates an inflation outlook concern because if you are doing it for this extreme for this length of time, my biggest question is what is going to happen to inflation in two years?"
Pushing on a string?
The decision comes in the face of widespread questions about the likely effectiveness of a further foray into unorthodox monetary policy, including from Republican presidential nominee Mitt Romney.
Senator John Cornyn, head of the Senate Republican Campaign Committee, said the Fed appeared to be "trying to juice the economy" ahead of the presidential election to help Obama. "It looks to be political," he said.
Brazilian Finance Minister Guido Mantega said he would keep a close eye on the impact of the Fed's monetary easing on Brazil's real currency. Mantega had accused the Fed's earlier bond buying of unfairly weakening the US dollar.
In its statement, the Fed said the fresh MBS purchases, which it will start on Friday, would come on top of its so-called Operation Twist program, in which it is selling short-term bonds to buy longer-term Treasury debt.
"These actions, which together will increase the committee's holdings of longer-term securities by about $US85 billion each month through the end of the year, should put downward pressure on longer-term interest rates, support mortgage markets, and to help make broader financial conditions more accommodative," it said.
The latest purchases build on the $US2.3 trillion in US government and housing-related debt the Fed has already bought.
In the Fed's first two rounds of so-called quantitative easing, dubbed QE1 and QE2, the central bank bought bonds closer to a pace around $US100 billion per month.
'Swallowing the key'
By buying mortgage-linked debt, the Fed hopes to press mortgage costs lower and force investors into other assets, lowering their yields as well. Those lower borrowing costs should spur greater lending activity and foster faster economic growth, officials believe.
US economic growth cooled in the second quarter, coming in at a tepid 1.7 per cent annual rate, and forecasters do not believe it is doing much better now.
The economy created just 96,000 jobs last month, less than needed to keep up with population growth. While the unemployment rate edged down to 8.1 per cent, it was only because so many Americans gave up on the search for work.
The Fed will provide fresh forecasts that could show softer projections for economic growth and higher unemployment, which would help provide a rationale for its decision.
Stephen Stanley, an economist Pierpont Securities in Stamford, Connecticut, said that by tying its purchases to progress reducing US unemployment, the Fed had "basically locked on the handcuffs and swallowed the key."
Reuters, with AP
Read more: http://www.smh.com.au/business/world-business/the-big-guns-us-fed-launches-qe3-20120914-25vld.html#ixzz26bl5B9an
Friday, 7 September 2012
market rebounded today!!! i re-enter several positions i reduced earlier.(Noble, NOL, YZJ, Genting)...you must be viligent and alert to sudden changes in the market....which is why i will not tell u what to do....i simply can't make that decision for u....it is yours to make....this is how i learn...and this is how u learn too..don't ever wait for me to tell u what i did....it is probably too late...
have u bought silver or gold? silver went up 8%! since i mentioned it.
have u bought silver or gold? silver went up 8%! since i mentioned it.
Wednesday, 5 September 2012
better wait for the coast to clear before entering....i see most of the stocks at the support levels though.
The STI has broken the 20 dMA at 3013...let's see if the 50 dMA holds at around 2950. It either rebound or crash through and it will be downtrend....!!! Do note that the value of the moving averages 20/50/200 can be different for different charting softwares and duration ,6 months, 1 year, 2 years,...i am using Philip Poems chart....so the value is agar agar one....
The STI has broken the 20 dMA at 3013...let's see if the 50 dMA holds at around 2950. It either rebound or crash through and it will be downtrend....!!! Do note that the value of the moving averages 20/50/200 can be different for different charting softwares and duration ,6 months, 1 year, 2 years,...i am using Philip Poems chart....so the value is agar agar one....
Thursday, 30 August 2012
Tuesday, 14 August 2012
Thursday, 9 August 2012
Wednesday, 8 August 2012
News on NOL. Is this Good news or Bad news or just news. My comments are at the end.
http://sg.finance.yahoo.com/news/singapores-nol-posts-6th-straight-093914244.html
Reuters – 18 hours ago
http://sg.finance.yahoo.com/news/singapores-nol-posts-6th-straight-093914244.html
Singapore's NOL posts 6th straight quarterly net loss
Reuters – 18 hours ago
SINGAPORE, Aug 8 (Reuters) - Singapore's Neptune Orient Lines, the world's seventh-largest container shipping firm, reported its sixth consecutive quarterly net loss mainly due to one-time charges for restructuring and vessels held for sale.
The company posted a second quarter net loss of $118 million, compared with a $57 million net loss a year earlier and a $254 million net loss in its first quarter.
Core earnings before interest and taxes stood at $16 million, helped by improved freight rates and efforts to control expenses and improve efficiency, NOL said.
The one-time charges of $112 million were for organisational restructuring and the sale of obsolete vessels to make room for more efficient ships and to reset vessel slot costs, NOL said.
NOL, whose biggest shareholder is Singapore state investor Temasek, said the outlook remained uncertain. (Reporting by Eveline Danubrata; Editing by Kevin Lim)
The company posted a second quarter net loss of $118 million, compared with a $57 million net loss a year earlier and a $254 million net loss in its first quarter.
Core earnings before interest and taxes stood at $16 million, helped by improved freight rates and efforts to control expenses and improve efficiency, NOL said.
The one-time charges of $112 million were for organisational restructuring and the sale of obsolete vessels to make room for more efficient ships and to reset vessel slot costs, NOL said.
NOL, whose biggest shareholder is Singapore state investor Temasek, said the outlook remained uncertain. (Reporting by Eveline Danubrata; Editing by Kevin Lim)
This is what i think only lor:
I know very well that NOL is losing tons of money...that's why it has been a downtrend stock. i am looking for signs of turning around..not profits.
This quarter, it actually lost 50% less money compared to last quarter. There's a one-time loss of $112 million for oganisation restructuring and sale of Obsolete vessels to make room for more efficient ships. hence, things are starting to improve...Freight rates ( check Baltic Dry Index http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm#bdi) seem to have bottom....
When we assess the financials of a company, we do not include (means discount from Net profits reported) extraordinary items such as sale of property(for a non-property company like Osim), and one-off items...which may not occur in the next or future quarters.
So the actual loss is only $6 million! Turnaround...perhaps.... let's see lor.
When we buy a share, we are actually buying the future earnings.
Can u see that there are some big lots buying at $1.21? Ya... a very long stick about 97,000 shares bought (around 4.30 pm) at $1.21. BTW the column chart at the bottom is the volume chart....it is very important that a rise in price be supported by large volume. What is large? Large enough to stand out of the chart is large lor. This is how i track the movement of the BB...Big Buyers, invisible hands, stock manipulators, stock operaters, stockist, etc...whatever you call them, they are the ones who move the markets. Hence, it is of great advantage if you could track them......But i have to warn you that they are very tricky and cunning and they change the game-plan quickly. I could only guess what are they trying to do....No guarantee.
i think very soon, it may charge up....rise in price.
Note that investing in stocks, there's no such thing as sure or 100% right....hence, i am always prepared to be wrong....if i am i will cut a small loss and exit....beat a hasty retreat.
Remember to ask yourself 2 questions before putting your money down:
1. Is the upside double of the downside?
Is the rewards worth the risk?? Would you risk losing $1000 to potentially earn $500?
2. If i am wrong, will I be ok?
Can you afford the loss if you are wrong? If not, you are risking too much. Never use up all your capital. Always leave at least 30% of your investment funds for emergency.
This is an "intra day" chart from Philp POEMS, Advanced Chart.
i think very soon, it may charge up....rise in price.
Note that investing in stocks, there's no such thing as sure or 100% right....hence, i am always prepared to be wrong....if i am i will cut a small loss and exit....beat a hasty retreat.
Remember to ask yourself 2 questions before putting your money down:
1. Is the upside double of the downside?
Is the rewards worth the risk?? Would you risk losing $1000 to potentially earn $500?
2. If i am wrong, will I be ok?
Can you afford the loss if you are wrong? If not, you are risking too much. Never use up all your capital. Always leave at least 30% of your investment funds for emergency.
Tuesday, 7 August 2012
NOL
u can see that NOL was resisted by 50 dMA ($1.17) in early Jul and now it has broken 20 days ($1.13) and 50 dMA($1.15)....MA has lowered because it was in a downtrend...when MA starts to increase, uptrend is on the cards.
Note that the 20 dMA is starting to curve up!
so long as it stays above 1.15, likely a rally is on the cards...Note that if the uptrend is intact, the MA will move up as well hence the cut loss (20 dMA intersection) will move up and your profits will be protected.
How long will i hold?? as long as the trend is intact, price didn't cut 20 dMA or if it dropped below 1.15, i will cut loss.
Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....
u can see that NOL was resisted by 50 dMA ($1.17) in early Jul and now it has broken 20 days ($1.13) and 50 dMA($1.15)....MA has lowered because it was in a downtrend...when MA starts to increase, uptrend is on the cards.
Note that the 20 dMA is starting to curve up!
so long as it stays above 1.15, likely a rally is on the cards...Note that if the uptrend is intact, the MA will move up as well hence the cut loss (20 dMA intersection) will move up and your profits will be protected.
How long will i hold?? as long as the trend is intact, price didn't cut 20 dMA or if it dropped below 1.15, i will cut loss.
Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....
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