Author Topic: Casino Stocks  (Read 1143054 times)

Online odie

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Re: Casino Stocks
« Reply #2000 on: May 10, 2020, 07:07:53 AM »
https://youtu.be/FDq3RvZz2PY

Aaron Kwok 1 hr Concert 2020

Offline zuolun

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Re: Casino Stocks
« Reply #2001 on: May 10, 2020, 09:07:12 AM »
https://www.bloomberg.com/news/articles/2020-05-08/oil-crash-busted-a-broker-s-computers-and-inflicted-huge-losses

All leverage products are risky
If I don’t understand, I won’t buy

Zuolun bro,

Frasers commercial closed 1.59
52 weeks high
Rights issue coming
Lolx

FLCT today very strong closed 1.08
Lucky didn’t sell today

Nope, understanding a stock before buying is secondary to odie.

odie always likes to buy stocks to gamble and holds onto them until they're rotten when the bets are unprofitable (from punting becomes longterm investment).

Of all the stocks, F&N is one of the unforgettable stocks that odie doesn't understand yet go ahead to buy it @ S$8.82 in 2012.

Until to-date (from 2012 to 10 May 2020), odie still doesn't understand why FLCT (one of F&N's affiliated companies) plunged to a low of S$0.625 on 19 Mar 2020 and closed @ S$1.06 on 8 May 2020.

Frasers Commercial closed @ S$1.59 on 14 Jun 2019 [S$1.59 (b4 merging was FCOT) - S$1.06 (after merging known as FLCT) = -S$0.53].

所有上市公司掌舵人在股票市场玩数字游戏最先考虑的重点是:他們自己本身的利益。

Frasers Commercial unitholders approve S$1.54B merger with Frasers Logistics ~ 11 Mar 2020
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/frasers-commercial-unitholders-approve-s-1-54b-merger-with-frasers-logistics-57539094
Merger between FLT and FCOT completed w.e.f. 29 April 2020, the company has been renamed as FLCT.

Frasers Logistics, Frasers Commercial Trust said to be planning to merge ~ 28 Nov 2019
https://www.theedgesingapore.com/news/ma/frasers-logistics-frasers-commercial-trust-said-be-planning-merge
Frasers Property, backed by Thailand’s TCC Assets, is the main sponsor for both REITs.

Performance chart ~ Fraser and Neave + affiliated companies as at 8 May 2020



Performance chart ~ Fraser and Neave + affiliated companies as at 2 Dec 2019



「有早知冇乞儿」 = 当初如果你早知道的话;今日你就不会做乞丐了!

F&N ~ Closed @ S$1.49 (Dead Cat Bounce +S$0.44), support @ S$1.45 ~ 30 Apr 2020


Online odie

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Re: Casino Stocks
« Reply #2002 on: May 10, 2020, 09:10:19 PM »
Proposed $1.58b merger of Frasers' Reits on 'normal commercial terms': IFA
https://www.straitstimes.com/business/companies-markets/proposed-158b-merger-of-frasers-reits-on-normal-commercial-terms-ifa

Offline zuolun

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Re: Casino Stocks
« Reply #2003 on: May 11, 2020, 08:42:58 AM »
Proposed $1.58b merger of Frasers' Reits on 'normal commercial terms': IFA
https://www.straitstimes.com/business/companies-markets/proposed-158b-merger-of-frasers-reits-on-normal-commercial-terms-ifa

Charoen's F&N Group Vs  Riady's Lippo Group; whose empire will go down the longkang faster?

Performance chart ~ Fraser and Neave + affiliated companies as at 8 May 2020



Performance chart ~ Lippo Group + affiliated companies as at 8 May 2020



Online odie

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Re: Casino Stocks
« Reply #2004 on: May 11, 2020, 08:55:19 AM »
Punt on contango

Fro
23@ 8.92
25@ 8.37
26 @ 8.01
652.69/74=8.82

Eurn
20@ 10.54
20@ 11.07
21 @ 10.08
675.77/61 = 11.078
 :P

Offline zuolun

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Re: Casino Stocks
« Reply #2005 on: May 13, 2020, 09:23:33 AM »
Singapore Airlines to report fourth-quarter loss on fuel hedges ~ 8 May 2020
https://www.reuters.com/article/us-health-coronavirus-singapore-air/singapore-airlines-to-report-fourth-quarter-loss-on-fuel-hedges-idUSKBN22K01I
SIA said in February it had entered fuel hedging contracts through March 31, 2025. That includes hedging 51% of its jet fuel JET-SIN at $78 a barrel and 22% of Brent LCOc1 at $58 a barrel in the current financial year. Broker UOB Kay Hian in March said the airline faced S$2.5 billion in marked-to-market hedging losses by the end of that month.
  • SIA to announce its fourth quarter earnings for the three months ended 31 March 2020, on Thursday 14 May 2020.
  • The trading period for the provisional allotments of SIA Rights Shares and Rights MCBs (or “nil- paid” Rights) on the SGX-ST will commence at 9.00 a.m. on 13 May 2020 and will end at 5.00 p.m. on 21 May 2020.
SIA ~ Trading in a downward sloping channel, interim TP S$3.91, next TP S$3.08

SIA closed with a spinning top @ S$4.29 (-0.12, -2.7%) with 7.64m shares done on 12 May 2020.

Immediate support @ S$4.26, immediate resistance @ S$4.38.



SIA ~ Trading in a downward sloping channel, interim TP S$3.90, next TP S$3.22

SIA gapped down and closed with an inverted hammer @ S$4.40 (1.51, -25.5%) with exceptionally high volume done at 48.8m shares on 6 May 2020.

Immediate support @ S$3.90, immediate resistance @ S$5.04.


Offline zuolun

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Re: Casino Stocks
« Reply #2006 on: May 13, 2020, 02:06:04 PM »
SocGen's SIA 5x Short DLC speculation Vs Bank of China's WTI speculation
  • SocGen is a market maker for the derivative product, SIA 5x Short DLC.
  • BOC is a market maker for the derivative product, 'paper oil' or “原油宝”.
    (每一笔“原油宝”交易都是中国银行和客户双方直接的交易,没有通过第三方协助完成,中国银行并非中介而是证券庄家(market maker),中国银行与客户之间的“原油宝”交易合同属于买卖合同,中国银行作为合同当事人有权行使撤销权。)
What is a market maker?
https://www.investopedia.com/terms/m/marketmaker.asp
A market maker is a individual market participant or member firm of an exchange that also buys and sells securities for its own account, at prices it displays in its exchange's trading system, with the primary goal of profiting on the bid-ask spread, which is the amount by which the ask price exceeds the bid price a market asset.

原油期货价格-37美元/桶!钱赔光了还欠银行钱!期货风险为何这么大?
https://www.youtube.com/watch?v=ii1fTxhD_D0

SocGen extends one-off payment after investors of SIA shorts protest; SGX opens probe

By Lynette Tan
Tue, May 12, 2020 - 10:21 pm

Societe Generale (SocGen) is extending a single exceptional payment as a "goodwill gesture" to investors of the 5x Short Singapore Airlines (SIA) daily leverage certificates (DLCs), after some of them protested against what they saw as the lack of timely disclosure and unfair pricing by the investment bank.

The Singapore Exchange has said that it has commenced investigations into the matter.

SocGen, the issuer of the certificates, announced on Tuesday that it will pay 30 Singapore cents per certificate. The payment will be made to registered holders of the certificates as of May 11. Mechanics for the payment are being confirmed and registered holders will be notified in due course.

SocGen said: "We emphasise that the goodwill payment amount is not intended to compensate investors for all losses, given the risks investors assumed in purchasing these structured products."

But it added that the payment shows its "recognition of the ongoing importance of making prompt notifications to investors of adjustments and similar important events".

The payment is not linked to the pricing of the mandatory convertible bond (MCBs) issue by SIA, SocGen said.

Traders of the certificates had complained last week after SocGen adjusted the pricing of SIA securities lower than what they had expected, by taking into account both SIA's rights issue and mandatory convertible bond issue.

DLCs are instruments that move either up or down based on the price of an underlying asset. A 5x Short DLC will move inversely to the underlying asset price by a factor of five, so a 20% increase in SIA's share price would produce a 100% loss on the 5x Short SIA DLC.

SocGen's move was seen to have sped up the surge in SIA shares on May 6, triggering an "airbag mechanism" which suspended trading in the DLCs. Traders therefore cried foul, saying they would have had more time to react if the higher price was used or if SocGen had made its position clear sooner.

SocGen said on Tuesday that it considers itself to have acted "appropriately and reasonably" in what were, and remain, "complex and exceptional" circumstances.

On Tuesday night, SGX said in a statement: “In respect of the adjustment announcement, our regulatory focus is centred on ensuring timely disclosure. We require that adjustments be announced once it is determined, but in no event later than the market day prior to the effective date. We have commenced investigations into the circumstances leading to SocGen adjustment announcement.”

Exotic SocGen financial product shorting SIA shares now worth zero ~ 11 May 2020
https://www.straitstimes.com/business/companies-markets/exotic-socgen-financial-product-shorting-sia-shares-now-worth-zero

Bank of China's mulls oil-linked loss absorption ~ 4 May 2020
https://www.finews.asia/finance/31664-bank-of-china-could-partially-shoulder-massive-oil-linked-losses
The state-owned lender could absorb part of the over $1 billion in losses after sub-zero oil prices hit 60,000 retail investors and led to public outcry.

Did WTI collapse burn US$1 billion hole in Bank of China investors’ pockets? ~ 27 Apr 2020
https://www.scmp.com/business/money/markets-investing/article/3081678/did-west-texas-intermediate-collapse-burn-us1
The number of clients affected is not final and subject to change as more branch data is examined: sources. BOC investment vehicle offered Chinese retail investors access to WTI oil futures without opening an offshore account.

In depth: A bitter, $1.4 billion lesson on commodity price speculation
https://www.caixinglobal.com/2020-04-27/in-depth-a-bitter-14-billion-lesson-on-commodity-price-speculation-101547398.html

By Wu Hongyuran, Liu Caiping, Peng Qinqin and Han Wei
Apr 27, 2020 06:53 am

The epic crash last week of crude oil taught 60,000 Chinese investors a bitter, 10 billion yuan ($1.4 billion) lesson on the risks of speculating in commodity prices.

The clients of Bank of China (BOC), one of the country’s largest state-owned lenders, were trying to buy on a dip in crude prices using a paper investment product known as Yuan You Bao. Little did they expect that values would keep on plunging past zero and well into negative territory.

One investor told Caixin that his entire 50,000 yuan ($7,063) investment in the bank’s Yuan You Bao product linked to West Texas Intermediate (WTI) futures evaporated April 22 after prices dropped below zero. That left him owing 80,000 yuan to the bank. Another investor took a 9.2 million yuan loss on a 3.9 million yuan investment and ended up owing 5.3 million yuan, a screenshot of a transaction record circulating online showed.

Futures contracts are investments linked to the value of certain commodities on a specified date in the future and trade on markets around the world. Chinese investors are barred from the foreign oil futures markets, and commercial banks are not allowed to participate in domestic futures trading. But they can offer broker services for derivative investments linked to foreign futures markets. That’s where the Yuan You Bao products come in.

It isn’t clear how much Chinese investors lost on the product. But sources with knowledge told Caixin that BOC had more than 60,000 investors in Yuan You Bao who put 4.2 billion yuan into margin deposit accounts. Based on the settling price after the April 21 oil collapse, the investors owed 5.8 billion yuan to the bank on top of the loss of their initial investments, wiping out a total of 10 billion yuan.

The investors were caught up in a catastrophic crash of oil prices resulting from a collapse in global energy demand amid the Covid-19 pandemic and widespread shutdowns of commerce on all levels. The value of the benchmark WTI crude May futures contract, traded on an exchange operated by the American giant CME Group Inc., plunged to a historic low April 21 of a negative $37.63 a barrel, meaning producers would have to pay buyers to take delivery of oil.

The episode spotlights how China’s mom-and-pop investors betting on swings of oil through cheap access provided by Chinese lenders can be exposed to massive losses. While they are generally prohibited from directly investing in foreign crude futures markets, such investors can buy banks’ paper crude products offered without opening an offshore account. The investments are pegged to the flat price of the front-month contract and are settled in Chinese yuan.

The case also raises questions about whether there were significant design flaws in the BOC product that put people with low risk tolerance into high-risk investments, industry experts said. The contracts themselves may be in a regulatory gray zone as they are structured to sidestep legal restrictions on risky investments in futures markets, regulatory experts said. Moreover, the peculiarities of the BOC product may have exposed investors to a last-minute attack by predatory short sellers.

In addition to BOC, several other major banks including the Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), China Construction Bank (CCB), Bank of Communications (BoComm), Minsheng Bank and Ping An Bank have launched similar products over the past few years.

Since March, such products have become popular among retail investors betting on crude prices to rebound as they fell to $20 a barrel, a bank trader told Caixin. A surge of buyers forced ICBC to halt sales of the investments March 13 after the bank used up its government-set foreign exchange quota for the products, an ICBC source said.

More than 100,000 Chinese retail investors flooded into the market though paper crude products and never expected prices to slide below zero, market sources said. The three biggest sellers of the investment vehicles — ICBC, CCB and BOC — held a combined $3 billion of positions in futures contracts linked to prices for WTI and ICE Brent, another oil benchmark, according to an estimate by a futures company manager.

Most of the banks halted sales of the products after BOC’s catastrophic losses. BOC suspended its Yuan You Bao clients from opening new positions starting April 22, allowing them only to close positions.

Paper crude investors with ICBC and CCB may have been luckier than BOC clients because they limited losses by settling May contracts earlier. Banks agreed with investors on a certain day before contract expiration to close positions or roll over investments — opening positions for the next month’s contracts while closing the current ones. But the day for BOC clients to settle contracts happened to be the very day of the unprecedented crash.

Under the product agreement, BOC froze investors’ accounts at 10 p.m. April 20, the day before contract expiration, to settle outstanding positions. WTI contracts were trading at $11 a barrel in the U.S. But in the following hours, the price took a nosedive to as low as minus $40 and settled at a negative $37.63 a barrel as of 2:30 a.m. April 21 in Beijing. During that period, investors could do nothing but watch their investments vanish and debts pile up.

On April 22, BOC said investors had to settle their positions at the Monday WTI settlement price of minus $37.63 a barrel, leaving them with huge losses and money owed to the bank. Angry investors flooded onto the internet to protest, accusing the bank of flaws in the product design and demanding that BOC shoulder some losses. But the bank maintained that it settled the contracts in accordance with guidelines agreed with clients.

According to BOC materials, the Yuan You Bao product requires 100% margin deposits and does not allow any leverage. Several banking sources told Caixin that the paper crude products are normally registered with the banking industry regulator as R3 level wealth management products, meaning they are balanced investment options with medium risk.

“How come the investors were exposed to losses that are multiples of their initial investments?” demanded one BOC investor.

Several lawyers questioned whether the products failed to comply with investor suitability requirements.

“It is seriously unmatched to its risk assessment,” one lawyer said.

The extreme situation

It was a situation where the “trading mechanism encountered an extreme situation in the extreme,” a bank trader said.

Some investors said the bank should have acted to settle the contracts shortly after 10 p.m. when the price was still around $10 a barrel. But BOC said rolling over investors’ positions doesn't start right after the accounts are closed and must follow the settlement arrangement with brokers. During this period, BOC doesn’t follow the market or take any action on clients’ accounts, according to the bank.

The paper crude investments can be divided into two separated parts. One part is the deal between banks and Chinese retail investors on derivative contracts linked to global crude futures benchmarks, which don’t involve oil delivery in the end. The other part is an agreement between the banks and brokers in real futures trading. BOC hired JPMorgan Chase & Co. and BOC International Holdings as its brokers for offshore crude futures trading, Caixin learned.

Most of the paper crude products sold by Chinese banks allow investors to leave their positions to be automatically rolled over to the following month’s contract. In 2019 when oil prices rose steadily, investors earned yields of more than 10% annually without doing anything while banks profited by simply helping clients maintain their positions.

It wasn’t until January this year that investors realized the seemingly easy investments could carry high risks, a futures manager said. After the April 14 settlement, some ICBC clients found that the value of their positions shrank by nearly one-fourth.

Many industry insiders said they were puzzled that BOC set its settlement date only one day before the monthly contract expiration, giving itself little flexibility to deal with potential price fluctuations. Anyone holding WTI futures after they expire could be forced to take delivery of crude in the U.S. oil hub of Cushing, Oklahoma.

A futures industry source said the arrangement might reflect BOC’s attempt to compete with other banks’ similar products. A later settlement date means the prices are closer to the final market prices and could reduce the costs of rolling over positions under the normal market liquidity condition, a brokerage manager said.

But market liquidity was not normal this time for BOC. An industry insider said the bank’s positions were targeted by international short sellers who in just few minutes drove down the crude prices that are crucial for settling the May contract price.

The price of WTI May contracts was under pressure since April 8 when the United States Oil Fund (USO), the biggest exchange-traded fund tracking crude prices, cut its positions over four straight days. The price gap between the May and June contracts further widened after ICBC and CCB rolled over their positions April 14. Both banks agreed on settling their paper crude products five working days before the contract expiration.

When BOC started to roll over its positions April 20, “the money had been targeted” by short sellers, said a futures company manager.

With a fixed transaction time and little flexibility, “it is like showing the cards to rivals when playing Texas hold 'em,” a form of poker, an investor said.

BOC hasn’t disclosed how much in positions it held for Yuan You Bao clients, but several local regulators said the bank ordered local branches to report their client information. Data available showed that about 95% of the investors held long positions. A Caixin calculation showed that the losses based on the settlement price could amount to 9 billion yuan.

Bloom in grey zone

Unlike global futures investors who trade oil contracts in thousands of barrels, Chinese investors buying banks’ paper crude products can start with 0.1 barrel. The threshold for investors to tap the highly risky market is as low as 14 yuan. Banks split 1,000-barrel crude contracts into smaller tranches to sell to retail investors, a financial expert said.

“It transformed high-requirement and high-risk products and offered access to clients with low risk tolerance,” the expert said. “It is unclear how regulators assess the risks and nature of such products.”

“The banned individual investment (in foreign futures) is happening and even uses the yuan,” said a futures industry regulator.

Chinese regulators since 2017 barred individual investors from directly trading overseas futures contracts on concerns over financial risks following a surge of speculative and illegal investments.

Chinese retail investors can tap into the foreign futures market through funds offered by wealth management operations under the qualified domestic institutional investor (QDII) program. In 2013, ICBC launched the first paper crude product, offering an alternative path for investors to bet on foreign futures. Other banks quickly followed. Meanwhile, such products also help banks to bypass rules that prohibit them from participating in domestic futures trading.

The products are similar, allowing investors to take both long and short positions, linking to foreign futures, and requiring 100% deposits but low entry requirements. In addition to crude oil, banks offer a wide variety of products linked to foreign commodities contracts from copper to silver to soybeans.

A person close to the top securities regulator said the paper crude products offered by banks involve some gray-zone practices that were previously a target of a regulatory crackdown on illegal futures trading and provided ineligible investors access to foreign future markets.

Although banks distinguished their paper crude products from illegal futures trading by allowing zero leverage and collecting 100% deposits, it is still a de facto investment in futures markets that violated banking industry rules, the person said.

Whom to blame?

Yuan You Bao investors are exposed to risks of losing all of their deposits or even owing money to the bank, as CME Group started on April 15 to allow the WTI oil futures to be traded and settled at negative prices.

“The product design (of Yuan You Bao) had never taken negative value into account,” one banker said.

If BOC could closely monitor market changes and suggest that clients cut their positions in a timely way, things would be different, a bank executive said. “It reflects the operational risks, and banks must always consider the most extreme situations,” he said.

The incident thrusts BOC into the center of a controversy. Some industry sources said the bank should not ask clients to pay for the losses in excess of their deposits as the product required 100% deposits.

A lawyer said BOC should shoulder the risks of its overseas futures trading without translating the losses to Yuan You Bao investors because its trading systems with domestic investors and overseas brokers are separate.

Chinese regulations require futures trading companies to pay close attention to their clients to prevent losses exceeding deposits. If large-scale losses occur, the securities regulator will step in to investigate.

Chinese lenders have aggressively marketed paper crude products this year, recommending that investors buy on the dip. Public information showed that since early March, a BOC branch’s Yuan You Bao clients surged from 3,000 to 13,700. Weekly transaction value rose from 320 million yuan to 1.2 billion yuan.

Industry insiders criticized banks for inadequate risk disclosure to paper crude investors. One BOC staffer said Yuan You Bao was listed as a normal wealth management product.

“How can salespeople know about the risks?” said the staffer.

Offline zuolun

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Re: Casino Stocks
« Reply #2007 on: May 13, 2020, 03:21:09 PM »
SocGen's SIA 5x Short DLC is an example of a short squeeze that forces the mother share price to move upward aggressively.

What is a short squeeze?
https://www.investopedia.com/terms/s/shortsqueeze.asp
A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price.

Exotic SocGen financial product shorting SIA shares now worth zero ~ 11 May 2020
https://www.straitstimes.com/business/companies-markets/exotic-socgen-financial-product-shorting-sia-shares-now-worth-zero

SIA ~ Trading in a downward sloping channel, interim TP S$3.91, next TP S$3.08

SIA closed with a spinning top @ S$4.29 (-0.12, -2.7%) with 7.64m shares done on 12 May 2020.

Immediate support @ S$4.26, immediate resistance @ S$4.38.



SIA ~ Trading in a downward sloping channel, interim TP S$3.90, next TP S$3.22

SIA gapped down and closed with an inverted hammer @ S$4.40 (1.51, -25.5%) with exceptionally high volume done at 48.8m shares on 6 May 2020.

Immediate support @ S$3.90, immediate resistance @ S$5.04.



Negative WTI oil price is is an example of a long squeeze that forces the price to move downward aggressively.

What is a long squeeze?
https://www.investopedia.com/terms/l/longsqueeze.asp
A long squeeze, which involves a single stock or other asset, occurs when a sudden drop in price incites further selling, pressuring long holders of the stock into selling their shares to protect against a dramatic loss.


Online odie

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Re: Casino Stocks
« Reply #2008 on: May 13, 2020, 09:34:52 PM »
BSL Raffles medical
B61 Bukit Sembawang (vested)
M44U MLT
558 UMS
can consider I think
daily moving ave pointing up

Online odie

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Re: Casino Stocks
« Reply #2009 on: May 14, 2020, 08:03:31 AM »
Added KHC 10 @ 29.18

Online odie

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Re: Casino Stocks
« Reply #2010 on: May 14, 2020, 04:12:12 PM »
https://www.cnbc.com/berkshire-hathaway-portfolio/


BERKSHIRE HATHAWAY PORTFOLIO TRACKER
These are the publicly-traded U.S. stocks owned by Warren Buffett’s holding company Berkshire Hathaway, as reported to the Securities and Exchange Commission in filings made available to the public. There are times when Berkshire asks for, and receives, the SEC’s permission to temporarily withhold data on some stock holdings. Click on a header to sort by that column. Clicking twice will reverse the order of the sort.

Holdings are as of December 31, 2019

Online odie

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Re: Casino Stocks
« Reply #2011 on: May 14, 2020, 04:14:30 PM »
https://www.bloomberg.com/news/articles/2020-05-13/wall-street-heavyweights-are-sounding-alarm-about-stock-prices

https://www.marketwatch.com/story/as-dow-falls-500-points-trump-calls-out-so-called-rich-guys-speaking-negatively-about-the-stock-market-says-they-are-betting-big-against-it-2020-05-13

https://www.channelnewsasia.com/news/business/bar-jekyll-hyde-italian-restaurant-modestos-fnb-close-covid-19-12721132

https://investmentmoats.com/uncategorized/singapore-reit-survive-thrive-better-stress-test/

We can see some with 4 to 6 ticks:

SPH REIT (6)
Capitaland Mall Trust (5)
Lendlease Global (4)
Mapletree Commercial Trust (4)
Ascott REIT (5)
Ascendas India Trust (5)
Mapletree Industrial (5)
Keppel DC (5)
Prime REIT (6)
Then there are some REITs that have 1 tick or less:

Suntec REIT (1)
ARA LOGOS (1)
ESR REIT (1)
EC World (1)
Manulife US REIT (1)

Online odie

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Re: Casino Stocks
« Reply #2012 on: May 15, 2020, 08:30:39 AM »
Try 2 Nvidia @ 311.83
Earnings date 21 May

Offline zuolun

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Re: Casino Stocks
« Reply #2013 on: May 15, 2020, 11:15:51 AM »
NSL is worth looking at too

i added NSL today (Natsteel)at 1.385

Zuolun bro,

B61 got in ard 4.65

B61 Bukit Sembawang (vested)

Nope, understanding a stock before buying is secondary to odie.

odie always likes to buy stocks to gamble and holds onto them until they're rotten when the bets are unprofitable (from punting becomes longterm investment).

"Insanity is doing the same thing over and over again and expecting different results." ~ Albert Einstein

B61 is a repeat of NSL. (Time is the best teacher and judge.)

odie bought B61 @ S$4.65 on 13 Feb 2020; B61 closed @ S$3.94  on 14 May 2020. (S$4.65 - $3.94 = -S$0.71)

NSL closed @ S$1.38 on 25 Oct 2017; NSL closed @ S$0.765 on 14 May 2020. (S$1.38 - $0.765 = -S$0.615)

NSL ~ Trading in a downward sloping channel, interim TP S$0.66, next TP S$0.575

NSL closed with a four-price doji unchanged @ S$0.765 with exceptional thin volume done at 2,000 shares on 14 May 2020.

Immediate support @ S$0.76, immediate resistance @ S$0.795.



NSL ~ Trading in a downward sloping channel, downside biased

NSL closed with a black marubozu unchanged @ S$1.38 with 46,600 shares done on 25 Oct 2017.

Immediate support @ S$1.35, immediate resistance @ S$1.39.



NSL ~ Bearish Head-and-Shoulders

NSL closed with a white marubozu @ S$1.425 (+0.01, +0.7%) with 1,100 shares done on 25 Aug 2017.


Online odie

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Re: Casino Stocks
« Reply #2014 on: May 15, 2020, 01:28:37 PM »
Remove Mapletree NAC Trust from Dividend category
We remove the stock considering its weak share price performance that triggered our stop loss level.
This is despite our earlier optimism on the stock being a beneficiary of potential partial easing of
COVID-19 social distancing measures in Hong Kong. The share price weakness was accompanied by
increasing volume. One possible reason could be the concern about a return of civil unrest as social
distancing measures are eased. Near-term support is at $0.78; near-term resistance at $0.86 or
slightly below could cap rebound upside for now. The stock returned -7.3% (CD) to underperform
the STI by 7.8%.

by DBS SG

Online odie

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Re: Casino Stocks
« Reply #2015 on: May 16, 2020, 04:03:45 AM »
Try 2 Nvidia @ 311.83
Earnings date 21 May

Closed at 330

Online odie

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Re: Casino Stocks
« Reply #2016 on: May 16, 2020, 10:30:50 AM »
https://www.bloomberg.com/news/articles/2020-05-15/buffett-s-berkshire-trims-jpmorgan-goldman-stakes

Online odie

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Re: Casino Stocks
« Reply #2017 on: May 16, 2020, 12:49:06 PM »
https://www.investingnote.com/posts/1960398

FTSE ST reits index


Online odie

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Re: Casino Stocks
« Reply #2018 on: May 16, 2020, 12:53:54 PM »
https://sg.finance.yahoo.com/news/dividend-investors-alert-reit-model-233032496.html

Online odie

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Re: Casino Stocks
« Reply #2019 on: May 17, 2020, 06:02:36 AM »
https://www.bloomberg.com/news/articles/2020-05-16/drastic-makeover-looms-for-world-s-most-followed-stock-index

https://www.bloomberg.com/news/articles/2020-05-15/fed-warns-of-significant-hit-to-asset-prices-if-pandemic-grows

Offline zuolun

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Re: Casino Stocks
« Reply #2020 on: May 17, 2020, 10:56:38 AM »
Switch 50k B69 0.067 for 3.1k U96 1.77

Out of the frying pan into the fire
https://www.youtube.com/watch?v=DYTSmJmXa7g

第四只无头苍蝇见光死! :thumbsdown:

U96

Nope, understanding a stock before buying is secondary to odie.

odie always likes to buy stocks to gamble and holds onto them until they're rotten when the bets are unprofitable (from punting becomes longterm investment).

odie bought B61 @ S$4.65 on 13 Feb 2020; B61 closed @ S$3.94  on 14 May 2020. (S$4.65 - $3.94 = -S$0.71)

NSL closed @ S$1.38 on 25 Oct 2017; NSL closed @ S$0.765 on 14 May 2020. (S$1.38 - $0.765 = -S$0.615)

"Insanity is doing the same thing over and over again and expecting different results." ~ Albert Einstein

U96 is a repeat of B61 and NSL. (Time is the best teacher and judge.)

odie bought U96 @ S$1.77 on 6 Mar 2020; U96 closed @ S$1.50  on 15 May 2020.  (S$1.77 - $1.50 = -S$0.27)

odie bought B61 @ S$4.65 on 13 Feb 2020; B61 closed @ S$3.94  on 14 May 2020. (S$4.65 - $3.94 = -S$0.71)

NSL closed @ S$1.38 on 25 Oct 2017; NSL closed @ S$0.765 on 14 May 2020. (S$1.38 - $0.765 = -S$0.615)

Sembcorp : Good shortsell candidate once support @ S$1.48 is convincingly broken with high volume

Sembcorp ~ Bearish stair-step, interim TP S$1.30, next TP S$0.95

Sembcorp closed with an inverted hammer @ S$1.50 (-0.03, -2%) with 11.5m shares done on 15 May 2020.

Immediate support @ S$1.48, immediate resistance @ S$1.58.



Sembcorp : Good shortsell candidate

Sembcorp ~ Trading in a downward sloping channel, interim TP S$1.41

Sembcorp closed with a spinning top @ S$1.64 (-0.02, -1.2%) with 6.09m shares done on 11 Mar 2020.

Immediate support @ S$1.55, immediate resistance @ S$1.70.



Sembcorp ~ Trading in a downward sloping channel

Sembcorp closed with a white marubozu @ S$2.20 (+0.04, +1.8%) with 5.40m shares done on 6 Dec 2019.

Immediate support @ S$2.13, immediate resistance @ S$2.25.


Offline zuolun

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Re: Casino Stocks
« Reply #2021 on: May 18, 2020, 08:59:08 AM »
左轮兄,
I believe both U96 and S51 will revisit their ipo prices
Will double up U96 when hit $0.50

心态决定思路,思路决定出路,没有一成不变的交易,只有不懂得改变思维的人。

SembCorp Marine ~ Trading in a downward sloping channel, interim TP S$0.55, next TP S$0.36

SembCorp Marine closed with a bearish harami cross @ S$0.69 (+0.01, +1.5%) with 2.58m shares done on 15 May 2020.

Immediate support @ S$0.65, immediate, resistance @ S$0.72.



SembCorp Marine ~ Trading in a downward sloping channel, interim TP S$0.55

SembCorp Marine closed with a hanging man @ S$0.725 (+0.005, +0.7%) with 2.16m shares done on 20 Apr 2020.

Immediate support @ S$0.655, immediate, resistance @ S$0.77.


Offline zuolun

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Re: Casino Stocks
« Reply #2022 on: May 20, 2020, 11:02:19 AM »
Tianjin ZX ~ Bearish Island Reversal

Tianjin ZX gapped up and closed with a white marubozu @ US$0.755 (+0.07, +10.2%) with exceptional high volume done at 3.86m shares on 19 May 2020.

Immediate support @ US$0.685, immediate resistance @ US$0.76.



Tianjin ZX ~ Bearish Symmetrical Triangle, critical support @ US$0.76

Tianjin ZX closed with a four price doji @ US$0.845 (-0.005, -0.6%) with thin volume done at 13,300 shares done on 18 Dec 2019.

Immediate support @ US$0.825, immediate resistance @ US$0.85.


Offline zuolun

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Re: Casino Stocks
« Reply #2023 on: May 21, 2020, 09:52:45 AM »
CapitaLand Commercial Trust’s distribution per unit declines 25% in Q1 2020 ~ 1 May 2020
https://www.reitasiapac.com/capitaland-commercial-trusts-distribution-per-unit-declines-25-in-q1-2020/
CCT reports a distributable income of S$63.7m for the quarter ended 31 March 2020 (1Q 2020). This represented a distribution per unit (DPU) of 1.65 cents, 25% lower than the 2.20 cents for the same period last year. As the Trust pays distribution semi-annually, there is no payout of 1Q 2020 DPU.

CapitaCom Trust ~ Bearish Descending Triangle Breakout

CapitaCom Trust closed with a hanging man @ S$1.64 (+0.03, +1.9%) with 29.5m shares done on 20 May 2020.

Immediate support @ S$1.55, immediate resistance @ S$1.65.



CapitaCom Trust ~ Bearish Descending Triangle Formation

CapitaCom Trust closed with a dragonfly doji @ S$1.97 (+0.01, +0.5%) with 6.54m shares done on 19 Dec 2019.

Immediate support @ S$1.94, immediate resistance @ S$2.00.



The Crab Pattern
https://www.youtube.com/watch?v=0HJtrKAS46c

CapitaCom Trust (weekly) ~ Bearish Crab Breakout ~ 19 Dec 2019



Offline zuolun

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Re: Casino Stocks
« Reply #2024 on: May 21, 2020, 10:30:15 AM »
Zuolun bro, moi itchy hand bet
3k Ascendas reit @ 2.94 :giggle:

Ascendas reit run-up strongly from 2nd Mar 2009 to 26 Nov 2019 you didn't buy its shares all those years and at the last leg of the 10-year uptrend, you jumped in to buy at the last burst of fire.

Your 阿Q精神 is back. :giggle:

什么是阿Q精神?
https://www.youtube.com/watch?v=vWF6ZS8RLVs

S-REITs ~ Dead Cat Bounce (死猫跳) ~ 21 May 2020



S-REITs ~ The Fallen Angel “坠落的天使” ~ 11 Apr 2020



S-REITs ~ “高处不胜寒”。 ~ 11 Nov 2019





CapitaCom Trust (weekly) ~ Bearish Crab Breakout ~ 19 Dec 2019


Offline zuolun

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Re: Casino Stocks
« Reply #2025 on: May 21, 2020, 12:50:46 PM »
苏小妹:

数字数学,趣味数学,有趣又神奇的数字。


什么叫奇数,偶数,单数,双数?
https://zhidao.baidu.com/question/605930
奇数就是不能被2整除的;如1,3,5,7,9...

5 things you should know about SIA’s latest earnings ~ 20 May 2020
https://sg.finance.yahoo.com/news/5-things-know-sia-latest-233046096.html
  • For the fourth quarter, SIA’s revenue fell 21.9% year on year to S$3.2 billion.
  • However, investors should note that the full impact of COVID-19 was not captured during the quarter, as border closures only began in earnest during March.
  • As such, the airline reported two months of normal operations before it got hit badly in March with plunging air travel demand.
  • Investors should brace themselves for an even worse financial showing for the current quarter as it will reflect the full brunt of plunging passenger numbers.
SIA ~ K线形态之「九连阴」;interim TP S$3.08

SIA gapped down and closed with a spinning top @ S$3.57 (-0.13, -3.5%) with 24.2m shares done on 20 May 2020.

Immediate support @ S$3.52, immediate resistance @ S$3.70.



SIA ~ Trading in a downward sloping channel, interim TP S$3.91, next TP S$3.08

SIA closed with a spinning top @ S$4.29 (-0.12, -2.7%) with 7.64m shares done on 12 May 2020.

Immediate support @ S$4.26, immediate resistance @ S$4.38.


Online odie

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Re: Casino Stocks
« Reply #2026 on: May 21, 2020, 09:43:25 PM »
Added 10 INTC @ 63.40

Online odie

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Re: Casino Stocks
« Reply #2027 on: May 22, 2020, 01:51:38 PM »
https://www.scmp.com/business/markets/article/3085558/hong-kong-stocks-tumble-beijing-moves-pass-security-law-tighten

Online odie

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Re: Casino Stocks
« Reply #2028 on: May 25, 2020, 01:34:32 PM »
Sadly, jumbo seafood’s chillicrab is in danger of extinction even with China re-opening

Online odie

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Re: Casino Stocks
« Reply #2029 on: May 26, 2020, 10:57:56 PM »
Cut loss fro 8.39
Cut loss eurn 10.15

Add Amd 10@ 55.08

Online odie

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Re: Casino Stocks
« Reply #2030 on: Yesterday at 10:10:02 PM »
Got V
4 @ 190.67