Author Topic: Casino Stocks  (Read 40994 times)

Offline zuolun

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Re: Casino Stocks
« Reply #150 on: June 07, 2017, 09:22:55 AM »
Wilmar ~ Bearish Island Reversal

Wilmar closed with a spinning top @ S$3.53 (-0.03, -0.8%) with 6.87m shares done on 6 Jun 2017.

Immediate support @ S$3.48, immediate resistance @ S$3.56.



Bearish Island Reversal



Palm oil futures test support level ~ 5 Jun 2017
http://www.thehindubusinessline.com/markets/commodities/palm-oil-futures-test-support-level/article9720664.ece
Supports are at MYR 2,485, 2,450 & 2,420. Resistances are at MYR 2,545, 2,580 and 2,610.


Offline zuolun

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Re: Casino Stocks
« Reply #151 on: June 07, 2017, 02:21:02 PM »
Yangzijiang ~ Riding on the bullish impulse 5-wave up

Yangzijiang closed with a spinning top @ S$1.24 (-0.035, -2.7%) with 18.2m shares done on 6 Jun 2017.

Immediate support @ S$1.20, immediate resistance @ S$1.275.



Yangzijiang (weekly) ~ Bullish Inverse Head-and-Shoulders Reversal



Yangzijiang closed with a hammer @ S$0.77 (-0.015, -1.9%) with 25.3m shares done on 12 Aug 2016.



Peter Dohle inks 200m financing deal with ICBC Financial Leasing ~ 7 Jun 2017
http://splash247.com/peter-dohle-inks-200m-financing-deal-icbc-financial-leasing/

Yangzijiang's net profit soars 49% to $135.3m in Q1 ~ 28 Apr 2017
https://sg.finance.yahoo.com/news/yangzijiangs-net-profit-soars-49-034200815.html

China’s Yangzijiang wins $510 million ship order amid weak demand ~ 13 Apr 2017
http://gcaptain.com/chinas-yangzijiang-wins-510-million-ship-order-amid-weak-demand/

China's largest private shipbuilder Yangzijiang Shipbuilding to cut 2,000 jobs in 2016 ~ 26 Aug 2016
http://english.caixin.com/2016-08-26/100982280.html
The layoffs will trim 28% of Yangzijiang's 28,000-strong workforce as of early 2015.


Offline zuolun

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Re: Casino Stocks
« Reply #152 on: June 07, 2017, 04:28:04 PM »
Tianjin ZX ~ Riding on the corrective ABC-wave down

Tianjin ZX closed with a black marubozu unchanged @ US$0.86 with 33,300 shares done on 6 Jun 2017.

Immediate support @ US$0.86, immediate resistance @ US$0.895.



Tianjin ZX (weekly) ~ Rounding Bottom Reversal



Tianjin Zhongxin posts 12% rise in 1Q earnings to $27 mil

By PC Lee
28 Apr 2017

Tianjin Zhongxin Pharmaceutical reported a 12% rise in 1Q earnings to RMB 133.7 million ($27 million) from a year ago.

Revenue fell 11% to RMB 1.5 billion but gross profit margin increased to 37.4% from 31.6%.

Other gains came in at RMB 17 million, an increase of 28% over the previous corresponding period. The increase was mainly due to returns from short-term investments and government bonds.

The group’s share of profits of associates was RMB 38 million, 1% lower over the corresponding period.

In light of the challenging economic conditions in recent years, the company plans to place greater emphasis on innovation and creation and focus on R&D.

Shares of Tianjin Zhongxin closed at 95 cents.

Offline zuolun

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Re: Casino Stocks
« Reply #153 on: June 09, 2017, 08:32:53 AM »
Alibaba's stock soars toward record price gain, adding over $41 billion to market cap ~ 8 Jun 2017
http://www.marketwatch.com/story/alibabas-stock-soars-toward-record-price-gain-adding-over-41-billion-to-market-cap-2017-06-08

SingPost ~ Trading in a downward sloping channel

SingPost closed with an inverted hammer @ S$1.275 (+0.015, +1.2%) with 9.57m shares done on 8 Jun 2017.

Immediate support @ S$1.26, immediate resistance @ S$1.305.



Dead Cat Bounce Pattern(死猫跳)~ A temporary recovery in share prices after a substantial fall, caused by speculators buying in order to cover their positions (commonly known as short-covering).



IHH ~ Trading in a downward sloping channel

IHH closed with a white marubozu @ RM6.02 (+0.12, +2%) with 6.56m shares done on 2 Jun 2017.

Immediate support @ RM6.00, immediate resistance @ RM6.15.


Offline zuolun

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Re: Casino Stocks
« Reply #154 on: June 09, 2017, 10:50:08 AM »
China company that soared 4,500% is puzzled again by new surge ~ 8 Jun 2017
https://www.bloomberg.com/news/articles/2017-06-07/china-company-that-soared-4-500-is-puzzled-again-by-new-surge
Wins Finance climbed as much as 184% to $230 on Wednesday -- up from about $20 at the start of this month -- before Nasdaq halted trading of the shares.
  • Nasdaq halts trading in Wins Finance as stock keeps doubling
  • Spokesman says he doesn’t know what’s driving up the shares


This Chinese stock soared 4,500% on Nasdaq and no one knows why ~ 31 Mar 2017
https://www.bloomberg.com/news/articles/2017-03-30/this-chinese-stock-soared-4-500-on-nasdaq-and-no-one-knows-why
Wins Finance Holdings, a thinly traded stock made it onto a widely followed index, but that’s probably not the reason its price surged.



Wins Finance Holdings Inc. (WINS) plunges 20.02% on March 30 ~ 30 Mar 2017
https://www.equities.com/news/wins-finance-holdings-inc-wins-plunges-20-02-on-march-30



Offline zuolun

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Re: Casino Stocks
« Reply #155 on: June 11, 2017, 01:50:28 PM »
Wins Finance - Index removal will lead to heavy forced selling ~ 9 Jun 2017
https://seekingalpha.com/article/4080251-wins-finance-index-removal-will-lead-heavy-forced-selling

Below is the recent list of WINS shareholders and you can see that almost everyone will become a seller in the next week!



Nasdaq halts Wins Finance Holdings Inc. ~ 7 Jun 2017
http://www.nasdaq.com/press-release/nasdaq-halts-wins-finance-holdings-inc-20170607-01020
The Nasdaq Stock Market announced that trading was halted today in Wins Finance Holdings Inc. at 12:53:20 Eastern Time for "additional information requested" from the company at a last sale price of $205.01.



China company that soared 4,500% is puzzled again by new surge ~ 8 Jun 2017
https://www.bloomberg.com/news/articles/2017-06-07/china-company-that-soared-4-500-is-puzzled-again-by-new-surge



Offline zuolun

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Re: Casino Stocks
« Reply #156 on: June 19, 2017, 09:11:46 AM »
SPH's media segment yields down 12% to $168m ~ 20 Apr 2017
https://sg.finance.yahoo.com/news/sphs-media-segment-yields-down-065400571.html

SPH ~ Trading in a downward sloping channel

SPH closed with a spinning top @ S$3.18 (+0.02, +0.6%) with 4.45m shares done on 16 Jun 2017.



SPH (weekly) ~ Bearish Diamond Top Breakout



SPH (weekly) ~ Diamond Top formation



Bearish Diamond Top Breakout



Diamond Top Breakout ~ Upside 31%, downside 69%



Diamond Bottom Breakout ~ Upside 69%, downside 31%



Offline zuolun

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Re: Casino Stocks
« Reply #157 on: June 19, 2017, 10:31:02 AM »
Hope not zuolun bro
i still holding some
Lol

When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

K1 Ventures ~ Dead Cat Bounce

K1 Ventures had an inverted hammer and traded @ S$0.65 (-0.01, -1.5%) with 45,600 shares done on 19 Jun 2017 at 0955 hrs.



Dead Cat Bounce Pattern(死猫跳)~ A temporary recovery in share prices after a substantial fall, caused by speculators buying in order to cover their positions (commonly known as short-covering).


Offline odie

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Re: Casino Stocks
« Reply #158 on: June 21, 2017, 11:10:37 PM »
When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

K1 Ventures ~ Dead Cat Bounce

K1 Ventures had an inverted hammer and traded @ S$0.65 (-0.01, -1.5%) with 45,600 shares done on 19 Jun 2017 at 0955 hrs.


alamak zuolun bro,
i already no eye see liao
haha
thanks for advice
this one is in cold storage

Offline odie

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Re: Casino Stocks
« Reply #159 on: June 22, 2017, 06:44:43 AM »
zuolun bro,
valuebuddies got someone computing the value of the last remaining asset
so it is worth more than its current share price
although mr mkt is always right
lol

Offline zuolun

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Re: Casino Stocks
« Reply #160 on: June 25, 2017, 10:22:50 AM »
zuolun bro,
valuebuddies got someone computing the value of the last remaining asset
so it is worth more than its current share price
although mr mkt is always right
lol

Dead cat bounce is a strong SELL signal; RUN-ROAD (short) and BUY-BACK (cover-short) at lower prices.

空頭形態-迴光返照 
https://www.youtube.com/watch?v=7cWAwP5N_ZI

Offline zuolun

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Re: Casino Stocks
« Reply #161 on: June 29, 2017, 08:26:39 AM »
Well-known cancer surgeon gets 8-month suspension for professional misconduct ~ 28 Jun 2017
http://www.todayonline.com/singapore/well-known-cancer-surgeon-gets-8-month-suspension-professional-misconduct
Prominent cancer surgeon Ang Peng Tiam’s punishment for giving a former patient suffering from Stage 2B lung cancer false hope about her disease has been upped to an eight-month suspension.

TalkMed ~ Fall off the cliff

TalkMed gapped down and closed with a long-legged doji @ S$0.645 (-0.10, -13.4%) with 2.38m shares done on 28 Jun 2017.


Offline odie

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Re: Casino Stocks
« Reply #162 on: July 01, 2017, 06:02:14 PM »
Dead cat bounce is a strong SELL signal; RUN-ROAD (short) and BUY-BACK (cover-short) at lower prices.

空頭形態-迴光返照 
https://www.youtube.com/watch?v=7cWAwP5N_ZI

queue already
hope it is not too late
thks

Offline zuolun

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Re: Casino Stocks
« Reply #163 on: July 02, 2017, 09:18:31 AM »
Rowsley ~ Fall off the cliff

Rowsley closed with a hammer @ S$0.071 (-0.002, -2.7%) with 3.5m shares done on 30 Jun 2017.

Immediate support @ S$0.07, immediate resistance @ S$0.076.



Rowsley ~ Fall off the cliff

Rowsley closed with a long black marubozu S$0.114 (-0.013, -10.2%) with 3.84m shares done on 24 Aug 2015.





Singapore: Rowsley to acquire industrial building design firm AC Consortium for $5.8m ~ 28 May 2017
https://www.dealstreetasia.com/stories/rowsley-buy-ac-consortium-73629-73629/

Singapore: Rowsley to acquire hotel manager Ariva for over S$10.6m ~ 28 Sep 2016
https://www.dealstreetasia.com/stories/rowsley-to-acquire-hotel-manager-ariva-for-over-s10-6m-52909/

Avoid Malaysian property, especially Iskandar ~ 12 Aug 2016
http://www.todayonline.com/business/avoid-malaysian-property-especially-iskandar

8 wise lessons on wealth that Singapore's self-made tycoon Peter Lim can teach us ~ 5 Jun 2015
https://vulcanpost.com/263521/8-lessons-wealth-peter-lim/

How Singapore billionaire Peter Lim makes money from thin air ~ 2 Sep 2013
https://www.forbes.com/sites/neerjajetley/2013/09/02/how-singapore-billionaire-peter-lim-makes-money-from-thin-air/#47b38a3d7f90

Gambling with Other People’s Money

Imagine a superb poker player who asks you for a loan to finance his nightly poker playing. For every $100 he gambles, he’s willing to put up $3 of his own money. He wants you to lend him the rest. You will not get a stake in his winning. Instead, he’ll give you a fixed rate of interest on your $97 loan.

The poker player likes this situation for two reasons. First, it minimizes his downside risk. He can only lose $3. Second, borrowing has a great effect on his investment — it gets leveraged. If his $100 bet ends up yielding $103, he has made a lot more than 3 percent — in fact, he has doubled his money. His $3 investment is now worth $6.

But why would you, the lender, play this game? It’s a pretty risky game for you. Suppose your friend starts out with a stake of $10,000 for the night, putting up $300 himself and borrowing $9,700 from you. If he loses anything more than 3 percent on the night, he can’t make good on your loan.

Not to worry — your friend is an extremely skilled and prudent poker player who knows when to hold ,em and when to fold ,em. He may lose a hand or two because poker is a game of chance, but by the end of the night, he’s always ahead. He always makes good on his debts to you. He has never had a losing evening. As a creditor of the poker player, this is all you care about. As long as he can make good on his debt, you’re fine. You care only about one thing — that he stays solvent so that he can repay his loan and you get your money back.

But the gambler cares about two things. Sure, he too wants to stay solvent. Insolvency wipes out his investment, which is always unpleasant — it’s bad for his reputation and hurts his chances of being able to use leverage in the future. But the gambler doesn’t just care about avoiding the downside. He also cares about the upside. As the lender, you don’t share in the upside; no matter how much money the gambler makes on his bets, you just get your promised amount of interest.

If there is a chance to win a lot of money, the gambler is willing to take a big risk. After all, his downside is small. He only has $3 at stake. To gain a really large pot of money, the gambler will take a chance on an inside straight.

As the lender of the bulk of his funds, you wouldn't want the gambler to take that chance. You know that when the leverage ratio — the ratio of borrowed funds to personal assets — is 32–1 ($9700 divided by $300), the gambler will take a lot more risk than you’d like. So you keep an eye on the gambler to make sure that he continues to be successful in his play.

But suppose the gambler becomes increasingly reckless. He begins to draw to an inside straight from time to time and pursue other high-risk strategies that require making very large bets that threaten his ability to make good on his promises to you. After all, it’s worth it to him. He’s not playing with very much of his own money. He is playing mostly with your money. How will you respond?

You might stop lending altogether, concerned that you will lose both your interest and your principal. Or you might look for ways to protect yourself. You might demand a higher rate of interest. You might ask the player to put up his own assets as collateral in case he is wiped out. You might impose a covenant that legally restricts the gambler’s behavior, barring him from drawing to an inside straight, for example.

Offline zuolun

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Re: Casino Stocks
« Reply #164 on: July 02, 2017, 12:14:32 PM »
IHH ~ Trading in a downward sloping channel

IHH closed with a black marubozu @ RM5.75 (-0.18, -3%) with 6.48m shares done on 30 Jun 2017.

Immediate support @ RM5.69, immediate resistance @ RM5.80.



IHH (Q0F) ~ Trading in a downward sloping channel

IHH (Q0F) closed unchanged with an inverted hammer @ S$1.88 with 21,000 shares done on 30 Jun 2017.

Immediate support @ S$1.86, immediate resistance @ S$1.89.



Dead Cat Bounce Pattern(死猫跳)~ A temporary recovery in share prices after a substantial fall, caused by speculators buying in order to cover their positions (commonly known as short-covering).



Treasury borrowing aggravates Turkey’s interest rate woes ~ 28 Jun 2017
http://www.al-monitor.com/pulse/originals/2017/06/turkey-government-pressure-on-banks-lower-interest-rate.html
The US dollar's rally against the Turkish lira in the last 3 months of 2016 and early 2017 had pushed up industrial costs and, therefore, the prices of products. In the food sector, supply shortages led to speculative price hikes, further stoking inflation. Hence the crucial question here is, “How can interest rates decrease without inflation falling to single digits?”

As Singapore loses medical tourism edge, healthcare firms expand overseas

China hospitals in the pipeline for IHH, Raffles Medical

By Kevin Lim
June 28, 2017

Singapore's healthcare players are shifting strategy as rising costs and growing competition erode the city-state's appeal as a destination for medical tourism.

Companies like IHH Healthcare Bhd and Raffles Medical Group are expanding overseas at a robust pace, leveraging on the brand names they've already established to draw increasingly affluent patients in populous countries such as China and India.

Whether they'll succeed is open to debate. The upfront costs of opening a hospital are huge and margins are already under pressure, say industry watchers. However, the companies lack other options for growth.

Although the rapidly aging Singapore population and the shortage of beds at government-run facilities could help demand, the increasing reliance on lower-margin domestic patients poses a risk to the profits of private hospitals.

IHH, Asia's largest healthcare firm which is listed in Kuala Lumpur and Singapore, operates the well-known Mount Elizabeth and Gleneagles hospitals in the city-state. In March, it opened the 500-bed Gleneagles Hong Kong and is in the process of setting up hospitals in the Chinese cities of Chengdu, Nanjing and Shanghai that will open in the next four years.

IHH already operates hospitals in Malaysia, India and Turkey.

In an interview with the Financial Times published this week, Tan See Leng, IHH's chief executive, said that he is looking at a "bunch of assets" in India as the healthcare giant expands beyond its foothold in the southern part of the country. Reports in other media have pointed to Fortis Group, one of India's largest healthcare chains, as a likely target.

Meanwhile, smaller rival Raffles Medical is in the process of building hospitals in Shanghai and Chongqing that are slated for completion sometime next year.

According to IHH's 2016 annual report, the average revenue per admitted patient in Singapore stood at 27,543 ringgit ($6,418) in FY2015/16, down slightly from 27,660 ringgit in the previous financial year. The cost incurred by the average patient in Singapore was more than four times the 5,915 ringgit paid by the average patient at its Malaysian hospital, although that was partly due to the more complex cases treated in Singapore.

Singapore has long been regarded as a premier healthcare destination in Asia thanks to its highly trained doctors and well-equipped private and government-run hospitals. However, costs are high in comparison to neighboring ASEAN countries such as Malaysia and Thailand, where the quality of care has improved so much over the past decade that more and more Singapore residents are seeking medical treatment there.

Bumrungrad International, Thailand's top hospital, said its international patients include Singaporean nationals and residents, who visit Bangkok for health screening and preventative medicine as well as to consult specialists in areas such as obstetrics and gynecology.

"We are also 25-35% cheaper than Singaporean private hospitals, and have been benchmarked by third parties to have similar or higher quality levels as the top hospitals there," said Sudi Narasimhan, the hospital's corporate director of marketing and business development.

Bumrungrad is about 24% owned by Bangkok Dusit Medical Services PCL, Thailand's biggest healthcare group, although it operates independently from its major shareholder.

Singapore has not provided medical tourism figures in recent years but data from Malaysia Health Travel Council show 921,000 visitors sought treatment in the country last year, up more than 40% from 643,000 in 2011. Bumrungrad said it sees around 520,000 international patients from over 190 countries each year.

Besides IHH and Raffles Medical, the other Singapore healthcare players include unlisted Thomson Medical, Health Management International Ltd, whose operations include two hospitals in Malaysia, and specialist medical clinics such as TalkMed and Singapore O&G.

In a report last week, UOB Kay Hian said that medical tourism growth in Singapore looked set to slow further despite the global boom in demand for quality healthcare, with private hospitals having to rely more on lower-margin local patients.

While Singapore still remains a compelling medical tourist destination in terms of service quality and clinical outcomes, foreign patient growth may slow gradually due to competition from neighboring ASEAN countries, the brokerage said.

UOB Kay Hian also said the average bill size per patient in Singapore is now growing at an average of 1-2% a year, down from 5% as recently as in the financial year ended March 2014, based on data provided by IHH.

Despite Singapore's loss of competitiveness in the market for international patients, analysts believe private hospitals at home could benefit from a spillover from public hospitals. According to UOB Kay Hian, bed occupancy levels at government-owned hospitals remain between 82-97%, exceeding the standard of 82-85% set by the Australian Medical Association and the Australasian College of Emergency Medicine.

Maybank Kim Eng said that while growth in Singapore has slowed due to a decrease in medical tourism, "the structural growth drivers remain positive driven by an aging population, rising affluence, increasing prevalence of chronic diseases and demand for quality services."

Looking ahead, analysts are more positive in their outlook for IHH as compared with Raffles Medical, although some warn that valuations are high at 53 times forecast earnings compared to the average price-earnings ratio of around 40 for healthcare groups in Asia.

The high valuation is due to IHH's larger geographical footprint and exposure to faster growing markets such as Malaysia and India.

However, there is caution about Raffles Medical's near-term prospects due to margin pressures in Singapore, its main source of revenue, as well as upfront costs associated with its expansion into China.

"Margins are now at a low but could go even lower...Margin pressure will only further intensify due to start-up costs for its Singapore hospital extension opening in 4Q17 and start-up costs for its 700-bed hospital in Chongqing due to open in mid-18," CIMB Research said in a recent report.

Fortis Healthcare plunges on IHH clarification on stake purchase ~ 23 Jun 2017
http://economictimes.indiatimes.com/markets/stocks/news/fortis-healthcare-plunges-on-ihh-clarification-on-stake-purchase/articleshow/59280601.cms

Khazanah-backed IHH Healthcare says ‘not close to’ buying stake in Fortis ~ 23 Jun 2017
https://www.vccircle.com/khazanah-controlled-ihh-healthcare-says-not-close-to-buying-majority-stake-in-fortis/


Offline zuolun

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Re: Casino Stocks
« Reply #165 on: July 02, 2017, 06:40:42 PM »
PPB ~ Symmetrical Triangle formation

PPB closed with a white marubozu @ RM17.16 (+0.22, +1.3%) with 1.58m shares done on 30 Jun 2017.

Immediate support @ RM16.84, immediate resistance @ RM17.20.



Singapore's Wilmar International falls after Morgan Stanley downgrade

By Nimesh Vora
30 Jun 2017

Agribusiness giant Wilmar International down 3.5% at S$3.36 after Morgan Stanley downgrades stock to "equal-weight" from "overweight"; slashes target price by over 20% to S$3.09. Cuts 2017-18 profit-before-tax estimates by 23% and 34% as it lowers refining and crushing margin expectations. "Declining palm oil prices could pressure upstream PBT, and a glut in refining capacity in Indonesia and Malaysia could erode any potential downstream margin gains from lower feedstock costs given lower palm oil prices," it says. Expects planned China listing, announced last month, to provide near-term support for share price. "Weighing its near-trough valuations, near-term earnings trajectory and valuation support from the proposed China listing, we think that Wilmar should trade in a tight band in the coming quarters." Stock worst performer on Straits Times Index; STI down 0.9%.

Wilmar ~ Bearish Island Reversal

Wilmar gapped down and closed with a black marubozu @ S$3.35 (-0.13, -3.7%) with high volume done at 26.1m shares on 30 Jun 2017.

Immediate support @ S$3.31, immediate resistance @ S$3.44.



Wilmar ~ Bearish Island Reversal

Wilmar closed with a spinning top @ S$3.53 (-0.03, -0.8%) with 6.87m shares done on 6 Jun 2017.

Immediate support @ S$3.48, immediate resistance @ S$3.56.



Bearish Island Reversal



Palm oil futures test support level ~ 5 Jun 2017
http://www.thehindubusinessline.com/markets/commodities/palm-oil-futures-test-support-level/article9720664.ece
Supports are at MYR 2,485, 2,450 & 2,420. Resistances are at MYR 2,545, 2,580 and 2,610.



Offline zuolun

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Re: Casino Stocks
« Reply #166 on: July 03, 2017, 09:32:55 AM »
KNM reinvents itself ~ 17 Jun 2017
http://www.thestar.com.my/business/business-news/2017/06/17/knm-reinvents-itself/

When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

KNM ~ Trading in a downward sloping channel, downside biased

KNM closed with a doji unchanged @ RM0.26 with 11m shares done on 30 Jun 2017.

Immediate support @ RM0.255, immediate resistance @ RM0.27.



KNM ~ Bearish symmetrical triangle breakout TP RM0.39

KNM closed with a gravestone doji unchanged @ RM0.435 with 5.08m shares done on 17 Jun 2016.

Immediate support @ RM0.41, next support @ RM0.39, immediate resistance @ RM0.45.

Expect KNM's share price to retest the last low of RM0.39 scored on 25 Aug 2015.


Offline zuolun

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Re: Casino Stocks
« Reply #167 on: July 10, 2017, 11:14:59 AM »
ComfortDelgro ~ Bear Flag Breakout, interim TP S$2.12

ComfortDelgro closed with a bullish engulfing @ S$2.26 (+0.03, +1.3%) with 16.3m shares done on 7 Jul 2017.

Immediate support @ S$2.20, immediate resistance @ S$2.32.



今年首三个月 逾2000德士租不出去

2017年7月8日 19:54  吴俍㬕报道

面对私人召车服务的激烈竞争,今年首三个月,传统德士业者的德士空置率达到8.6%,或将近2300辆,是近年来的新高。

为吸引更多人租用德士,市场占有率约六成的康福德高,上个月让新加入的单班制司机可以每天79元租用德士,便宜了约三成。早前,公司也让行驶里数较低的司机,可以按照实际驾驶里数支付车租。

一名康福德高德士司机说:“它很多德士还给公司,所以没有人驾更糟。”

康福德高受询时表示,司机对新配套反应令人鼓舞,上个月加入的新司机人数达到近几月新高。

全国德士师傅协会会籍主席梁家竣表示:“平均你看我们德士的租金大约是120块钱,私人出租车有的38元,有的68元,哪个德士公司能够给我们便宜的租金,我们就会去参加那个德士公司,比如说一天能够省20块钱的话,一个月德士师傅的收入就会增加600块钱。”

陆路交通管理局的最新数据显示,今年1月到3月德士平均空置率进一步恶化到8.6%,以公路上共计德士2万6700多辆计算,租不出去的德士将近2300辆,去年有1700多辆租不出去。截至5月底的德士数量也比去年同期少了2000多辆。

反观私人出租车的数量持续上升,截至5月底,已超过6万1000辆。据学者观察,私人出租车也开始出现空置的情况。

新跃社科大学高级讲师朴炳俊表示:“现在德士加上更多的私召车,市场大饼越来越小,如果这块饼对我来说还不够大,最终不会有人愿意加入当司机。”

Offline zuolun

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Re: Casino Stocks
« Reply #168 on: July 15, 2017, 07:50:54 AM »
When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

Duty Free Intl ~ Fall off the cliff

Duty Free Intl closed with a hammer @ S$0.32 (+0.005, +1.6%) with 1.21m shares done on 14 Jul 2017.



Duty Free’s 1Q earnings fall 24.1% to S$4.8 mil on lower revenue

By Michelle Zhu
12 July 2017

Duty Free International (DFI), the multi-channel duty free and duty paid retail group in Malaysia with over 40 outlets, has announced earnings of RM15.1 million (S$4.8 million) for 1Q18 ended May 31, representing a 24.1% decline from the RM19.8 million posted in 1Q17 a year ago.

Revenue for 1Q18 fell 13.1% to RM167.5 million from RM192.6 million in 1Q17, largely due to lower demand from customers for certain products as well as the imposition of Goods and Services Tax (GST) at the border outlets and duty free zones with effect from Jan 1 this year.

Correspondingly, DFI reported a profit before income tax of RM22.0 million for 1Q18. This was 12.5% lower compared to RM25.1 milion for 1Q17. Affecting the profit before income tax was a net loss in foreign exchange of RM6.0 million in 1Q2018 compared to a net foreign exchange gain of RM1.4 million in 1Q2017. However, a decrease in transportation cost of RM1.4 milion and a recognition of gain from changes in fair value of option of RM6.0 million partially offset the negative effects.

The group’s inventories further decreased from RM200 million as at Feb 28 to RM173.8 million as at end May. This was in line with the group’s efforts to manage its working capital more efficiently. Net assets increased to RM608.6 million as at May 31 compared to RM552.3 million as at Feb 28, largely due to a significant decrease in total liabilities of RM71.1 million. This was part of the efforts to continuously strengthen the balance sheet of the group.

In its outlook, DFI says the business environment which it operates in is expected to remain challenging given the current economic environments with a volatile Malaysian ringgit against the US dollar, rise of inflationary cost and weak consumers’ purchasing sentiment.

The group says it will continue its efforts to identify new market opportunities and strategies to further strengthen its operational efficiency, together with close monitoring of the key cost drivers, in order to stay competitive and profitable in the remaining quarters of the financial year.

Shares of DFI closed flat at 33 Singapore cents on Wednesday.

Duty Free International proposes 2-for-5 Bonus Warrant Issue at exercise price of S$0.43 per share ~ 12 Jan 2017
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=77256&name=EA_GA_ATTACHMENTS

DFI sees net profit swell 41.2% during nine-month FY2017 period ~ 12 Jan 2017
https://www.dfnionline.com/latest-news/retail/dfi-sees-net-profit-swell-41-2-nine-month-fy2017-period-12-01-2017/
DFI are tightly held, with a free float of only about 20%. As at 16 May 2016, Atlan Holdings Bhd, listed in Bursa Malaysia, controls 79.09% of DFI. (As at 31 May 2016, Dato Sri Adam Sani Bin Abduuah holds 51.35% and Tan Sri Dato Seri Vincent Tan Chee Yioun holds 23.93% deemed interests respectively in Atlan Holdings).


Offline shilau

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Re: Casino Stocks
« Reply #169 on: July 16, 2017, 09:54:43 AM »
genting, bjtoto

Offline zuolun

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Re: Casino Stocks
« Reply #170 on: July 20, 2017, 07:47:14 AM »
Axiata and shareholders won’t sell M1 stakes ~ 19 Jul 2017
http://www.thestar.com.my/business/business-news/2017/07/19/axiata-and-shareholders-wont-sell-m1-stakes/
Axiata has 28.39%, Keppel T&T 19.23% and Singapore Press Holdings 13.38% in M1.

M1's net profit slumps 20.8% to $32.5m in Q2 ~ 19 Jul 2017
https://sg.finance.yahoo.com/news/m1s-net-profit-slumps-20-014400569.html

When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

M1 ~ Fall off the cliff

M1 gapped down and closed with a spinning top @ S$1.935 (-0.165, -7.9%) with 23.7m shares done on 19 Jul 2017.

Immediate support @ S$1.875, immediate resistance @ S$1.965.



When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

Telstra ~ Fall off the cliff

Telstra closed @ A$4.40 (+0.17, +4.02%) on 5 May 2017.


Offline zuolun

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Re: Casino Stocks
« Reply #171 on: July 20, 2017, 08:46:53 AM »
genting, bjtoto

"Run, Baby, Run"
https://www.youtube.com/watch?v=4YCMyJAX6t0

When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

GENTING (3182)  ~ Bearish Head-and-Shoulders formation

GENTING closed with an inverted hammer @ RM9.34 (-0.11, -1.2%) with 2.94m shares done on 19 Jul 2017.

Immediate support @ RM9.19, immediate resistance @ RM9.45.




Offline odie

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Re: Casino Stocks
« Reply #172 on: July 23, 2017, 03:34:37 PM »
zuolun bro,

my target buy price for M1 is 1.70 to 1.80
i may shift goal posts though
lol


Offline zuolun

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Re: Casino Stocks
« Reply #173 on: July 24, 2017, 02:38:54 PM »
zuolun bro,

my target buy price for M1 is 1.70 to 1.80
i may shift goal posts though
lol

One day prior to M1's Q2 earnings results on Wed 19 Jul 2017; Temasek pared down 203,400 M1 shares between S$2.06 to S$2.10 per share, i.e. B4 the gap down to low of S$1.915 on 19 Jul 2017.

Temasek pared down 203,400 M1 shares on Tuesday 18 Jul 2017
http://infopub.sgx.com/FileOpen/_Form%203_Temasek.ashx?App=Announcement&FileID=462392
Decreased from 186,091,118 to 185,887,718 shares or 20% to 19.98%.

Offline odie

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Re: Casino Stocks
« Reply #174 on: July 25, 2017, 07:10:28 AM »
One day prior to M1's Q2 earnings results on Wed 19 Jul 2017; Temasek pared down 203,400 M1 shares between S$2.06 to S$2.10 per share, i.e. B4 the gap down to low of S$1.915 on 19 Jul 2017.

Temasek pared down 203,400 M1 shares on Tuesday 18 Jul 2017
http://infopub.sgx.com/FileOpen/_Form%203_Temasek.ashx?App=Announcement&FileID=462392
Decreased from 186,091,118 to 185,887,718 shares or 20% to 19.98%.

i think they sold a few days before results
 :sweat:

Offline zuolun

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Re: Casino Stocks
« Reply #175 on: July 25, 2017, 11:06:14 AM »
i think they sold a few days before results
 :sweat:

The emphasis is that big institutional players had been unloading M1 shares since 2 Mar 2015 (refer to M1 chart dated 18 Jan 2016 below), without the participation of the 3 major SSHs.

M1 is riding on the sub-wave (iii) of the corrective Wave-C down. Once the targeted price @ S$1.71 is broken convincingly with high volume, the next new target price would be S$1.40.


Offline odie

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Re: Casino Stocks
« Reply #176 on: July 26, 2017, 08:08:03 AM »
The emphasis is that big institutional players had been unloading M1 shares since 2 Mar 2015 (refer to M1 chart dated 18 Jan 2016 below), without the participation of the 3 major SSHs.

M1 is riding on the sub-wave (iii) of the corrective Wave-C down. Once the targeted price @ S$1.71 is broken convincingly with high volume, the next new target price would be S$1.40.


Zuolun bro, that gives a div yield of 8% based on estimated dividend of 11.2 cts

Offline odie

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Re: Casino Stocks
« Reply #177 on: July 28, 2017, 07:52:05 PM »
K1 sells interest in Guggenheim Capital, to suspend trading on completion as it mulls options
Friday, July 28, 2017 - 10:09
ANGELA #~
K1 Ventures has agreed to sell off its entire interest in Guggenheim Capital for a gross cash consideration of US$221 million (S$300.4 million) , which will boost its earnings per share by about 31 Singapore cents for the financial year ending June 30, 2017.

The book value, or the value of the asset entered in K1 Ventures' books, is about S$143 million.

KI, in which Temasek Holdings has a deemed interest of 36.04 per cent, had on numerous occasions during the past several years, told shareholders of its intention to divest its interest and distribute the surplus cash back. The disposal is expected to be completed during the fourth quarter of 2017.

The Singapore-listed company will rid 100,000 Series A preferred units, 250,000 common units, 11.11 million detachable warrants, and an additional 1.85 million common units.

sentifi.com
Market voices on:

"The Guggenheim Disposal is in accordance with the original investment documents,'' K1 said on Friday, adding that it is also part of the company's on-going process of monetising its investments.

SEE ALSO: Premature to bet on a merger of Singapore's leading yard groups
The sale is also expected to boost K1's net tangible assets per share by 29 Singapore cents for the financial year ended June 30, 2017, after taking into consideration estimated adjustments for factors such as net assets and income taxes.

On June 13, 2011, K1 completed a US$100 million investment in Guggenheim, which is a US-based privately held financial services firm with more than US$200 billion in assets under management, receiving the preferred units, the common units, and the warrants.

Following the completion of the disposal, K1 Ventures would have disposed of all or substantially all of its assets and property. It would take steps to suspend the trading of its shares from the date of completion of the sale.

After distributing its excess cash to its shareholders, K1 plans to commence voluntary liquidation. However, it will also consider other options including voluntary delisting or reverse takeover of the company, amongst others which are consistent with its stated objective of monetization of investments and distribution of excess cash.

At 09:59am, K1 was trading around S$0.730 a share, up S$0.045, or almost 7 per cent.

Offline odie

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Re: Casino Stocks
« Reply #178 on: July 28, 2017, 07:57:40 PM »
zuolun bro,
K1 can still chase?

i sold earlier at 64 :'(

Offline zuolun

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Re: Casino Stocks
« Reply #179 on: July 30, 2017, 12:56:08 PM »
Zuolun bro, that gives a div yield of 8% based on estimated dividend of 11.2 cts

When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

M1 ~ Fall off the cliff, TP S$1.40

M1 closed with a hammer @ S$1.78 (-0.005, -0.3%) with 2.29m shares done on 28 Jul 2017.

Immediate support @ S$1.71, immediate resistance @ S$1.815.



M1 ~ Fall off the cliff

M1 gapped down and closed with a spinning top @ S$1.935 (-0.165, -7.9%) with 23.7m shares done on 19 Jul 2017.

Immediate support @ S$1.875, immediate resistance @ S$1.965.


Offline zuolun

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Re: Casino Stocks
« Reply #180 on: July 31, 2017, 10:22:10 AM »
zuolun bro,
K1 can still chase?

i sold earlier at 64 :'(

Do not chase. K1 has a chart pattern similar to Japfa; the gaps on both charts are strong sell signals.

K1 ~ Trading in a downward sloping channel, downside biased

K1 gapped up with a spinning top and closed @ S$0.74 (+0.055, +8%) with 2.22m shares done on 28 Jul 2017.



Jap-fa ~ Trading in a downward sloping channel, downside biased

Japfa closed with a hammer @ S$0.595 (+0.005, +0.8%) with 6.61m shares done on 28 Jul 2017.


Offline odie

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Re: Casino Stocks
« Reply #181 on: July 31, 2017, 08:25:39 PM »
Do not chase. K1 has a chart pattern similar to Japfa; the gaps on both charts are strong sell signals.

K1 ~ Trading in a downward sloping channel, downside biased

K1 gapped up with a spinning top and closed @ S$0.74 (+0.055, +8%) with 2.22m shares done on 28 Jul 2017.



thank you zuolun bro
did not chase :phew:

Offline zuolun

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Re: Casino Stocks
« Reply #182 on: August 01, 2017, 09:05:58 AM »
thank you zuolun bro
did not chase :phew:

In technical analysis, history repeats itself. The theory behind chart pattern is based on this assumption. The idea is that certain patterns repeat many times, and that these patterns signal a certain high probability move in a stock. Based on the historic trend of a chart pattern setting up a certain price movement, look for these patterns to identify trading opportunities. Follow the smart money; they sell, you follow sell, not buy.

SembCorp Marine ~ Trading in a downward sloping channel, downside biased

SembCorp Marine closed with a spinning top @ S$1.685 (-0.01, -0.6%) with 3.15m shares done on 31 Jul 2017.

Immediate support @ S$1.66, immediate resistance @ S$1.73.

The gaps created on 9 Mar 2017 and 28 Jul 2017 are strong sell signals.


Offline zuolun

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Re: Casino Stocks
« Reply #183 on: August 02, 2017, 08:10:06 AM »
PB Bank ~ In an uptrend support holds, in a downtrend support breaks

PB Bank closed @ RM20.60 on 1 Aug 2017.



1.   Last line of defense:  Bank Negara's Overnight Policy Rate (OPR) decision

2.   Price ≠ Value

3.   In an uptrend support holds, in a downtrend support breaks


Offline odie

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Re: Casino Stocks
« Reply #184 on: August 02, 2017, 01:19:14 PM »
Zuolun bro,

K1 ventures got 6.5 cts dividend

Looks like I got no fate with stocks starting with k.
Last time I buy keppel corp, I have to wait for 1 year before got profits so I can sell.
Lol

Offline odie

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Re: Casino Stocks
« Reply #185 on: August 02, 2017, 09:09:41 PM »
zuolun bro,

looks like RMG's growth story is over
it is on the way to penny stock like super group
Lol

Offline zuolun

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Re: Casino Stocks
« Reply #186 on: August 04, 2017, 08:31:43 AM »
zuolun bro,

looks like RMG's growth story is over
it is on the way to penny stock like super group
Lol

RMG vs Super Group ~ "A hero is nothing but a product of his time."

似曾相識
https://www.youtube.com/watch?v=3vmBR3Np8yM

RMG (July 2000 to 2 Aug 2017) ~ Completed the impulsive 5-wave up



SuperGroup ~ Bearish Falling wedge ~ 19 Feb 2016



Shares issued: 557.5m prior to 1-for-1 bonus Ex-date on 26 May 2014
Free float: 24%

SuperGroup ~ Bearish Diamond Top Breakout ~ 25 Sep 2013



Bearish Diamond Top Breakout


Offline zuolun

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Re: Casino Stocks
« Reply #187 on: August 05, 2017, 01:11:35 PM »
Zuolun bro,

K1 ventures got 6.5 cts dividend

Looks like I got no fate with stocks starting with k.
Last time I buy keppel corp, I have to wait for 1 year before got profits so I can sell.
Lol

In 2011, I longed Keppel Corp shares at S$7.70 per share and set my SL @ S$7.30. When that price was triggered, I realized a total loss of S$6,000 for that trade.

Back then, my 师姐 was also trying to pick-bottom on Keppel Corp with 3 times higher volume than me. She started higher @ S$8.00 per share and had a tight SL of 2% per trade.  Every trade she did was a loss; each failed attempt was a 2% cut loss. Her trading style was an eye-opening to me because after several failed attempts and finally @ S$7.00 (at the KRD), she increased her long positions substantially whenever the share price shot higher. “行到水穷处,坐看云起时。”


Offline odie

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Re: Casino Stocks
« Reply #188 on: August 05, 2017, 10:50:25 PM »
The Proposed Disposal of the Property at 15A Tat Seng Drive Singapore 535225 - Grant of Option to Purchase

Datapulse Technology Limited announced that the Company has, on 26 July 2017, granted an option to purchase (the "Option") to an independent third party purchaser for the sale of its property situated at 15A Tai Seng Drive Singapore 535225 for an aggregate consideration of S$53,500,000 on the terms and subject to the conditions of the Option. The Option shall remain valid up to 4.00 p.m. on 9 August 2017.

The Property is a leasehold property granted by the Jurong Town Corporation with a 30-year lease tenure commencing from 16 August 1993 with a further term of 30 years. It is a six-storey industrial building comprising production and warehouse areas as well as ancillary offices, and has a gross floor area of approximately 15,174 square meters.

The excess of the proceeds from the Proposed Disposal over the book value of the Property is approximately S$45,109,000 and The net gain on the proposed Disposal is expected to be approximately S$44,474,000.

The Company intends to deploy part of the proceeds from the Proposed Disposal to acquire a new premise to continue its existing business and operations. The remaining proceeds from the Proposed Disposal will be used as general working capital for the requirements of the Group’s businesses and operations and for the Group to undertake new investment opportunities that may arise in the future.

Offline odie

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Re: Casino Stocks
« Reply #189 on: August 06, 2017, 07:40:43 AM »
zuolun bro,
big head and shoulders sighted for tat hong

not vested

Offline zuolun

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Re: Casino Stocks
« Reply #190 on: August 07, 2017, 12:29:08 PM »
zuolun bro,
big head and shoulders sighted for tat hong

not vested

"A hero is nothing but a product of his time."

Tat Hong and COSCO have similar chart patterns.

Tat Hong peaked @ S$2.80 and hit a last low of S$0.33.

COSCO peaked @ S$8.06 and hit a last low of S$0.255.

Tat Hong ~ Racing to the bottom



COSCO ~ Racing to the bottom



COSCO ~ 经典 Bearish Head-and-Shoulders ~ 30 Nov 2011



Bearish Head-and-Shoulders


Offline zuolun

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Re: Casino Stocks
« Reply #191 on: August 09, 2017, 08:07:26 AM »
Malaysia launches inquiry over forex losses under Mahathir ~  8 Aug 2017
https://www.washingtonpost.com/business/malaysia-launches-inquiry-over-forex-losses-under-mahathir/2017/08/08/079677f4-7c04-11e7-b2b1-aeba62854dfa_story.html
Malaysia’s government on Tuesday, Aug. 8, 2017 launched an inquiry into massive foreign exchange losses by the central bank more than 2 decades ago, in a probe that could lead to criminal prosecution for Mahathir.

The forex scandal in early 90s: Estimated losss: As high as RM30 billion
https://wtfreport.wordpress.com/2011/12/12/the-forex-scandal-in-early-90s/

Cheapest currency in Southeast Asia gives Malaysia an edge in export race ~ 12 Jul 2017
https://www.bloomberg.com/news/articles/2017-07-12/malaysia-wields-cheap-currency-to-beat-peers-in-export-race
  • Ringgit has declined more than 7% in the past 12 months
  • Central bank is forecast to hold key rate at 3% on Thursday


Voters' gripes about rising prices a key Malaysia election issue

By Shannon Teoh Malaysia Bureau Chief In Kuala Lumpur
5 Jun 2017

The administration of Prime Minister Najib Razak regularly boasts of reducing poverty and increasing per capita income, and yet Malaysians complain even more often about the increasing difficulty of making ends meet. Whether it is a perception problem or not, ministers are acknowledging that this is the key concern for an election due in 15 months. The Straits Times' Malaysia Bureau delves into this prickly issue.

Inflation in Malaysia hit an eight-year high in January and kept climbing up to March. Many blame the 6% GST introduced in 2015 for rising prices, and a weaker ringgit for pushing up the costs of imports.



MALAYSIANS WORRY ABOUT COST OF LIVING AMID SLOWING ECONOMY

Before every major festival, Malaysia announces a list of goods - such as turkey for Christmas and pork for Chinese New Year - under price control.

But for the ongoing Ramadan fasting month, government enforcers went on an unprecedented 10-day raid of 11,895 business premises, issuing fines to errant traders for overpricing 10 items ranging from coconuts to mung beans.

With the general election due in 15 months and complaints over rising costs getting louder, the enforcement by the governing Barisan Nasional (BN) coalition is timely.

Worryingly for BN, which has ruled South-east Asia's third biggest economy since independence in 1957, inflation hit an eight-year high in January and kept climbing up to March. Many blame the 6 per cent goods and services tax (GST) introduced in 2015 for rising prices, and a weaker ringgit for pushing up the costs of imports.

International Trade and Industry Minister Mustapa Mohamed, the longest-serving Cabinet member in the Najib Razak administration bar the premier himself, said in a Bloomberg interview recently that the cost of living was the primary concern for voters.

"People are worried that the dollar is not stretching as far as it used to. People remain unhappy about GST," he said.

Malaysia's top pollster, Merdeka Centre, also found that economic concerns were foremost on the minds of 74 per cent of voters, far ahead of well-documented ethnic and political discord, at 3 per cent and 2 per cent respectively.

Its survey results from March, which were shared with The Straits Times, also showed that inflation was the most important issue for six out of 10 Malaysians, and for more than three-quarters of Muslims, who make up two-thirds of the electorate.

"The biggest factor is the worsening economy, which includes rising cost of living, and dwindling opportunities and employment. But as election day draws near, the poor will be showered with goodies, and will be counted on to deliver for BN," S. Rajaratnam School of International Studies senior fellow Oh Ei Sun told The Straits Times.

The government insists that it has contained inflation. Since Prime Minister Najib took power in 2009, annual inflation has crept over 3 per cent only twice.

But the other half of the cost of living equation is income. Per capita annual income has dropped from US$10,345 since Datuk Seri Najib's narrow 2013 election victory to US$8,821 (S$12,180) last year - a sharp 15 per cent slide.

Ms Hanisah Shaari, a mother of seven, makes just RM500 (S$161) a month on her own, selling chicken chop at a stall in a quiet Kuala Lumpur street across from her low-cost flat, where she has stopped paying her RM124 monthly rental.

"I have no plans. I have tried to think of ways to resolve this money issue but it just results in a headache," she said.

Datuk Seri Najib boasted last month that the Economist Intelligence Unit (EIU) ranked Malaysia's cost of living as the lowest in South-east Asia.

"We have done a lot of work to ease the people's burden related to the rising cost of living," said the Prime Minister, listing efforts such as price control, assistance for housing and entrepreneurs and, of course, the cash aid scheme 1Malaysia People's Aid or BR1M.

Since BR1M started in 2012, almost RM19 billion has been disbursed.

But his assertion based on the EIU data has been challenged by unionists. The Malaysian Trades Union Congress' Sarawak secretary Andrew Lo noted that the EIU study was intended for expatriates and business travellers, who measure cost in US dollars.

The Malaysian currency lost a third of its value against the greenback from 2013 to last year, although it has recovered slightly in recent months. The ringgit is also down by 23% against the Singapore dollar in the past four years.



Can the strength of the ringgit be sustained? ~ 9 May 2017
http://fifthperson.com/can-the-strength-of-the-ringgit-be-sustained/


Offline zuolun

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Re: Casino Stocks
« Reply #192 on: August 10, 2017, 08:54:45 AM »
Noble's giant writedown proves Iceberg Research right after two-year fight ~ 9 Aug 2017
https://www.bloomberg.com/news/articles/2017-08-09/noble-s-giant-writedown-proves-iceberg-right-after-2-year-fight

"To make a profit you need to BUY and SELL at the right time."

Jimmy Ng: 5 key takeaways that I picked up from reviewing my Noble trade ~ 25 May 2017
http://aspire.sharesinv.com/47620/jimmy-ng-5-key-takeaways-that-i-picked-up-from-reviewing-my-noble-trade/


Offline zuolun

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Re: Casino Stocks
« Reply #193 on: August 11, 2017, 08:32:38 AM »
"In real life, when one falls from grace; it is very difficult to get back on track."

《凉州词》王翰
https://www.youtube.com/watch?v=ZjxOIBelV0o

How the commodities bounce could finish Noble ~ 10 Aug 2017
https://www.bloomberg.com/gadfly/articles/2017-08-10/how-the-commodities-bounce-could-finish-noble

Noble Group to give extent of loss amid falling cash flow ~ 10 Aug 2017
https://www.bloomberg.com/news/articles/2017-08-10/noble-group-to-give-extent-of-loss-amid-falling-cash-flow
Commodities trader predicted $1.8 billion shortfall last month.



Noble Group 'sinking in perfect storm,' says foe after trader profit warning ~ 3 Aug 2017
https://www.bloomberg.com/news/articles/2017-08-03/noble-group-sinking-iceberg-says-after-trader-profit-warning



Offline zuolun

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Re: Casino Stocks
« Reply #194 on: August 11, 2017, 08:50:14 AM »
Pressure piles up as IRB raids companies of Mahathir’s 3 sons ~  10 Aug 2017
http://www.freemalaysiatoday.com/category/nation/2017/08/10/pressure-piles-up-as-irb-raids-companies-of-mahathirs-3-sons/

this is THE chart/blueprint  that many stocks in KLSE. Beware direction is down and manys stock are due for more loses.

The Malaysian currency lost a third of its value against the greenback from 2013 to last year, although it has recovered slightly in recent months. The ringgit is also down by 23% against the Singapore dollar in the past four years.



Can the strength of the ringgit be sustained? ~ 9 May 2017
http://fifthperson.com/can-the-strength-of-the-ringgit-be-sustained/


Offline zuolun

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Re: Casino Stocks
« Reply #195 on: August 12, 2017, 06:26:17 AM »
Severe prescription list for OSVs ~ 11 Aug 2017
http://splash247.com/severe-prescription-list-osvs/

When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

COASTAL ~ Trading in a downward sloping channel, TP RM0.90

COASTAL closed with a black marubozu @ RM1.16 (-0.05, -4.1%) with 506,000 shares done on 11 Aug 2017.



Coastal Contracts exceed expectations but market remains oversupplied ~ 26 May 2017
http://www.theborneopost.com/2017/05/26/coastal-contracts-exceed-expectations-but-market-remains-oversupplied/

COASTAL ~ Trading in a downward sloping channel, downside biased

COASTAL closed with a black marubozu unchanged @ RM1.31 with 330,000 shares done on 30 Mar 2017.
 


Offline zuolun

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Re: Casino Stocks
« Reply #196 on: August 14, 2017, 09:08:12 AM »
When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

Wilmar ~ Trading in a downward sloping channel, downside biased

Wilmar gapped down and closed with a black marubozu @ S$3.20 (-0.22, -6.4%) with high volume done at 25.3m shares on 11 Aug 2017.

Immediate support @ S$3.15, immediate resistance @ S$3.28.



Wilmar ~ Bearish Island Reversal

Wilmar gapped down and closed with a black marubozu @ S$3.35 (-0.13, -3.7%) with high volume done at 26.1m shares on 30 Jun 2017.

Immediate support @ S$3.31, immediate resistance @ S$3.44.



Wilmar ~ Bearish Island Reversal

Wilmar closed with a spinning top @ S$3.53 (-0.03, -0.8%) with 6.87m shares done on 6 Jun 2017.

Immediate support @ S$3.48, immediate resistance @ S$3.56.



Wilmar profits plummet 94% to $50.5m in Q2 ~ 11 Aug 2017
https://finance.yahoo.com/news/wilmar-profits-plummet-94-50-041900339.html

Palm Oil futures: Support and resistance levels ~ 7 Aug 2017
http://www.thehindubusinessline.com/opinion/columns/gnanasekaar-t/copyofbl08technical-3/article9805918.ece
Supports are at MYR 2,545, 2,510 and 2,430. Resistances are at 2,610, 2,645 and 2,725

Singapore’s Wilmar hiking stake in debt-laden top sugar producer Shree Renuka ~ 28 Jul 2017
https://www.vccircle.com/singapores-wilmar-hiking-stake-in-debt-laden-top-sugar-producer-shree-renuka/
Wilmar will invest $120m in Shree Renuka Sugars Ltd as part of a plan that also involves the company restructuring its massive debt. It will own approximately 38% stake in Shree Renuka, a hike of 11% from the existing 27%.

Offline sophia1618

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Re: Casino Stocks
« Reply #197 on: August 15, 2017, 02:29:14 PM »
Sold my IHH
IHH ~ Trading in a downward sloping channel

IHH closed with a white marubozu @ RM6.02 (+0.12, +2%) with 6.56m shares done on 2 Jun 2017.

Immediate support @ RM6.00, immediate resistance @ RM6.15.



Dead Cat Bounce Pattern(死猫跳)~ A temporary recovery in share prices after a substantial fall, caused by speculators buying in order to cover their positions (commonly known as short-covering).



Turkish lira hits 5-months high against US dollar  ~ 2 Jun 2017
https://www.dailysabah.com/finance/2017/06/02/turkish-lira-hits-5-months-high-against-us-dollar
The U.S. dollar/Turkish lira (TL) exchange rate dropped to TL 3.5140 Friday, marking the lowest level it has seen this year.

Turkish Lira down 67% against the US dollar since 2008.



IHH rises on bargain hunting amid currency exchange concerns  ~ 1 Jun 2017
http://www.theedgemarkets.com/article/ihh-rises-bargain-hunting-amid-currency-exchange-concerns
IHH share price had fallen to current levels on currency exchange volatility concerns.

IHH Healthcare Bhd (SGX: Q0F)(KLSE:5225.KL) ~ Trading near 52-week low right now

By Lawrence Nga
May 31, 2017

IHH Healthcare is an international provider of healthcare services in markets where it thinks the demand for quality healthcare is growing rapidly. Right now, the company is active in Asia (this includes Singapore and Malaysia), Central & Eastern Europe, the Middle East, and North Africa.

Asia remains the company’s largest market. Some of the company’s brands include Gleneagles, Mount Elizabeth, Pantai, ParkwayHealth and Acibadem.

IHH Healthcare released its 2017 first quarter earnings two weeks ago. Quarterly revenue was up 8% year-on-year, but net profit (excluding exceptional items) was down 15%.

The company’s top-line benefited from organic growth and contributions from new hospitals. But the pre-operating and start-up costs of the new hospitals ate into the bottom-line. In March, HH Healthcare opened two new hospitals, namely, the 500-bed Gleneagles Hong Kong Hospital, and the 350-bed Acibadem Altunizade Hospital in Turkey.

Looking at the rest of 2017, IHH Healthcare “expects to face cost pressures on several fronts.” These include “continued competition for talent, pre-operational and start-up costs from new operations, and higher purchasing costs with the stronger US Dollar.” The company’s mitigation measures include “prudent cost management, taking on higher revenue intensity procedures and ramping up new facilities to achieve optimum operational efficiencies.”

Investors appear to really like IHH Healthcare’s growth prospects, judging from its trailing price-to-earnings (PE) ratio of 57.6.

Malaysia's IHH looks for more opportunities in China's healthcare industry ~ 23 May 2017
http://www.chinadaily.com.cn/business/2017-05/23/content_29454641.htm

Offline zuolun

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Re: Casino Stocks
« Reply #198 on: August 15, 2017, 03:25:16 PM »
孙子兵法之虚实篇: 兵无常势,水无常形。
Noble: A takeover offer from Centricus = Smokescreen

Noble Group rejects acquisition offer from Centricus ~ 11 Aug 2017
https://www.reuters.com/article/noble-grp-ma-centricus-idUSL4N1KW5PZ

Noble Group reports $1.75 bln Q2 loss, hit by writedowns ~ 10 Aug 2017
https://www.reuters.com/article/noble-grp-results-idUSL4N1KW2P2

Noble shares plunge 9.8% in big sell-off on negative sentiment ~ 3 May 2017
http://www.straitstimes.com/business/companies-markets/noble-shares-plunge-98-in-big-sell-off-on-negative-sentiment
Noble proposed share consolidation of 10-into-1.

When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low.

Noble ~ Racing to the bottom

Noble closed with a white marubozu @ S$0.43 (+0.015, +3.6%) with 16.8m shares done on 14 Aug 2017.


Offline zuolun

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Re: Casino Stocks
« Reply #199 on: August 16, 2017, 07:58:22 AM »
Next 'big short' becomes a market preoccupation

Tenth anniversary of BNP Paribas' subprime jolt fuels talk of new risks

By Yusuke Matsuzaki
August 15, 2017 10:24 pm JST

TOKYO -- "What is your big short?"

Hedge fund managers and investment bankers are tossing this question around a lot these days -- prompted, perhaps, by the 10th anniversary of BNP Paribas' suspension of funds exposed to the U.S. subprime mortgage problem. The French bank's move in August 2007 was one of the major milestones leading up to the global financial crisis.

The term "big short" entered the lexicon as the title of a 2010 best-seller by U.S. author Michael Lewis. The book describes how certain investors predicted the collapse of the American housing bubble and reaped huge profits by short-selling related assets. Now, market players are keen to spot the next assets poised for a plunge.

Slowly but steadily, U.S. stocks are setting one new high after another. Spreads on low-rated bonds, meanwhile, have fallen to the lowest level since the crisis. When tensions on the Korean Peninsula rise, investors typically buy yen and unload stocks -- a trend fueled by short sellers convinced something will have to give.



Hedge funds and traders are on the lookout for potential "amplifiers" of chaos. These factors could fan the flames once trouble flares up.

Since the crisis, financial institutions have increased their capital bases and tougher regulations have strengthened the financial system. But because it is more difficult for the institutions to take risks, liquidity has dried up in the corporate bond market.

The amount of corporate bonds held by brokerages and other traders has fallen to about one-fifth of the level a decade ago, according to the Federal Reserve Bank of New York.

Dealers' role of buying and holding bonds is not functioning like it used to. And as low interest rates have spurred an increase in bond issuances by low-rated companies, the outstanding balance of issues has swelled by as much as 60% over the last decade, creating shaky ground for trading.

If investment trusts and exchange-traded funds holding corporate bonds move to dump some of the excess they have built up over the last 10 years, it could make smooth trading impossible and trigger a panic, warned a bond trader at a U.S. brokerage house.

Currency cracks?

Predicting catalysts of hysteria is not an exact science, however.

Besides North Korea, U.S. retailers are seen as another candidate. There is talk that Sears Holdings may default on its debt, after years of struggling to adjust to the rise of e-commerce. Premiums on five-year Sears credit default swaps have risen above 30%, meaning the market sees a nearly 90% chance of a bust.

Yet, for now at least, the overall corporate bond market is relatively calm. The rate of defaults involving corporate bonds and loans to speculative-grade companies is around 2%, according to S&P Global Market Intelligence.

Having learned from the crisis 10 years ago, market players tend to zero in on risks related to debt and the financial system. But Kenichi Hirayama, chief strategist at Tokio Marine Asset Management, turns his gaze elsewhere: "A crisis, if any, may start in the currency system," he said.

Consider the Hong Kong dollar. Though the city has close economic ties with mainland China, its currency moves independently from the yuan. The Hong Kong dollar is often used for the flight of funds from the main land. Not surprisingly, the Chinese government sees the alternative currency as a nuisance.

If Beijing were to eliminate the Hong Kong dollar, it would create serious confusion for U.S. and European investors in the city.

In the recent history of financial crises, corporate debt soared as a result of the dot-com bubble. The U.S. housing bubble shifted the question of liabilities to the household sector. Governments pulled their countries out of the global crisis by piling up debt in the form of bonds -- absorbed by central banks as part of their quantitative monetary easing.

Given the flow of debt, risks appear to be accumulating around the currencies managed by central banks.

EW Trends and Charts: Technical Analysis for the SPX ~ 15 Aug 2017
http://stockcharts.com/public/1001240



A stock market decline may be around the corner, according to Elliott Wave analysis ~ 10 May 2017
http://www.marketwatch.com/story/a-stock-market-decline-may-be-around-the-corner-according-to-elliott-wave-analysis-2017-05-10

Elliott Wave: Charts on SP500 ~ 7 May 2017
https://www.elliottwavetrader.net/scharts/Charts-on-S-P-INX-201705071579.html



A bear market could hit U.S. stocks any time now ~ 15 Aug 2017
http://www.marketwatch.com/story/a-bear-market-could-hit-us-stocks-any-time-now-2017-08-15
When stocks are as overvalued as they are today, almost anything can become a bear market trigger. And sometimes it takes nothing at all.



Larry Berman: Assessing the risk of a market correction ~ 14 Aug 2017
http://www.bnn.ca/larry-berman-assessing-the-risk-of-a-market-correction-1.829673
The psychology of testing breakout levels is an important one. A test of the 115 level, the lows seen prior to the election, would suggest that the main reason for the rally (tax restructuring) will be very disappointing. We won’t know what that looks like until October or so.

Russell 2000 (IWM.N) closed @ 137.30 ( -0.10, -0.07%) after hours: 5:16PM EDT ~ 15 Aug 2017
https://sg.finance.yahoo.com/quote/IWM?p=IWM



These stock market tremors could trigger a big quake ~ 11 Aug 2017
http://www.marketwatch.com/story/these-stock-market-tremors-could-trigger-a-big-quake-2017-08-11

A look at NYSE margin debt and the market ~ 2 Aug 2017
https://www.investing.com/analysis/a-look-at-nyse-margin-debt-and-the-market-200204788