Author Topic: Casino Stocks  (Read 1610388 times)

Offline zuolun

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Re: Casino Stocks
« Reply #2100 on: July 05, 2020, 02:40:51 PM »
SPH 3QFY2020 earnings result to be released on Wednesday 8 July 2020.

UOB Kay Hian maintains its 'hold' call on SPH, TP $1.52 ~ 26 Jun 2020
https://www.theedgesingapore.com/capital/brokers-calls/uob-kay-hian-maintains-its-hold-call-sph-undemanding-valuation-and-uncertainty

SPH ~ Trading in a downward sloping channel, interim TP S$1.01

SPH closed with a spinning top @ S$1.29 (-0.01, -0.8%) with 8.47m shares done on 3 Jul 2020.

Immediate support @ S$1.25, immediate resistance @ S$1.33.



SPH closed @ S$1.29 on 3 Jul 2020.



Where next for the SPH share price after being dropped by STI Index? ~ 17 Jun 2020
https://www.ig.com/sg/news-and-trade-ideas/where-next-for-sph-share-price-after-being-dropped-by-sti-index--200617
SPH shares are currently trading at S$1.36 each, nearly 50% below their 52-week high.

Student housing in the UK is no longer a ‘bullet-proof’ investment after the coronavirus crisis ~ 3 Jun 2020
https://www.cnbc.com/2020/06/03/covid-crisis-student-housing-at-risk-as-universities-move-online.html
  • It’s currently unclear how higher education will work in the upcoming academic year and without students attending face-to-face classes, on top of the travel restrictions, the crisis is weighing on this niche investment opportunity.
  • Unite Students, one of the largest student accommodation providers in the U.K., said in April it expected a loss between 16% and 20% in rents for the 2019/20 academic year.


SPH buys student digs for £448 as Singapore zeroes in on UK universities ~ 23 Dec 2019
https://www.mingtiandi.com/real-estate/outbound-investment/singapores-sph-buys-uk-student-housing-for-448m/
The SGX-listed media conglomerate’s latest acquisition more than doubles its university accommodation holdings to S$1.5 billion ($1.1 billion), according to a disclosure to the stock exchange.


Online kakipukul

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Re: Casino Stocks
« Reply #2101 on: July 05, 2020, 03:03:23 PM »
mtronic-wa 👍👍👍👍👍💰💰💰💰💰
perdana 👍👍👍👍👍😆💰💰💰💰💰

Offline zuolun

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Re: Casino Stocks
« Reply #2102 on: July 06, 2020, 03:36:03 PM »
Great Eastern invests US$70m in Axiata Digital ~ 25 Jun 2020
https://www.businesstoday.com.my/2020/06/25/great-eastern-invests-usd70-million-in-axiata-digital/

Axiata ~ Trading in a downward sloping channel, interim TP RM2.97, next TP RM2.45

Axiata closed with a spinning top @ RM3.50 (-0.01, -0.3%) with 3.65m shares done on 3 Jul 2020.

Immediate support @ RM3.43, immediate resistance @ RM3.60.



AXIATA ~ Bearish Descending Triangle Breakout, interim TP RM2.97, next TP RM2.45

Axiata closed with a doji unchanged @ RM3.70 with 3.70m shares done on 28 Apr 2020.

Immediate support @ RM3.60, immediate resistance @ RM3.80.


Offline zuolun

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Re: Casino Stocks
« Reply #2103 on: July 15, 2020, 11:09:00 AM »
Hong Kong third wave: Another patient in ward infected, sparking fears of coronavirus spreading in hospital ~ 14 Jul 2020
https://www.scmp.com/news/hong-kong/health-environment/article/3093076/coronavirus-least-50-new-cases-covid-19-recorded
  • A 64-year-old cancer patient in Queen Elizabeth Hospital confirmed with coronavirus after sharing ward with two others who have the infection.
  • Of the other 48 cases in city, 24 had unknown sources of transmission, prompting health officials to describe the latest outbreak as ‘very worrying’.
Coronavirus: Hong Kong unveils most sweeping social-distancing rules yet as 52 new cases emerge ~ 13 Jul 2020
https://www.scmp.com/news/hong-kong/health-environment/article/3092920/coronavirus-hong-kong-toughen-social-distancing
  • City will enter new phase in battle to stop escalating health crisis, with restaurants and bars among venues facing tough restrictions.
  • Government has hired two mainland Chinese firms to help with testing, admitting 400,000 residents at higher risk of contracting virus.
Sudden mysterious 100+ COVID cases in Hong Kong after China National Security Law ~ 12 Jul 2020
https://www.youtube.com/watch?v=2CgU4fZR0Wk

HK Land ~ Trading in a downward sloping channel, interim TP US$3.48, next TP US$3.00

HK Land closed with a black marubozu @ US$3.96 (-0.09, -2.2%) with 2.50m shares done on 14 Jul 2020.

Immediate support @ US$3.86, immediate resistance @ US$4.20.



What will happen to your business in Hong Kong?

By J. Stewart Black and Allen J. Morrison
June 17, 2020

More than 9,000 foreign firms operate in Hong Kong, among them 1,300 from the United States. So when the Chinese legislature recently passed a new security law intended to prevent “secession, subversion, terrorism and foreign interference” in Hong Kong, many CEOs and top executives began wondering about the business implications. The U.S. State Department added to the uncertainty last month by declaring that Hong Kong is no longer autonomous enough to warrant special treatment.

Between us we have researched in and about China and Hong Kong for many years, and we know that there’s no single answer to this question. That’s in part because the implications of these two developments for firms will depend in large part on why they are in Hong Kong in the first place. Most are there for one of three main reasons, so let’s consider each:

For Hong Kong

These firms want access to Hong Kong’s upstream resources and downstream opportunities. They tend to be relatively small service firms focused on specialized areas such as finance. (Hong Kong was recently ranked the #3 financial center in the world after New York and London.) Part of the reason companies in this category tend to be smaller is that Hong Kong is a relatively small economy, with a GDP in 2019 of just U.S. $352 billion, which ranks about 35th in the world. Most of these firms are in the service sector because that sector represents nearly 93% of Hong Kong’s GDP.

Because of the dominant role of services in Hong Kong’s economy, any movement up or down in GDP has a direct and significant effect on the revenues of this first category of foreign firms. As political tensions in Hong Kong increased in the second half of 2019, Hong Kong’s GDP dropped 1.2% for the year, and the country officially slipped into recession. More worrisome, foreign direct investment (FDI) into Hong Kong fell a staggering 47% in 2019 to $55 billion. In the process Hong Kong fell from the #3 destination globally, just behind China, to #5. It will take months and even years to learn how China’s new security law will affect Hong Kong, and how countries around the world will react, but it is hard to imagine the specifics helping GDP and FDI. First that are in Hong Kong for Hong Kong will feel the pain immediately and directly.

If this weren’t enough, brain drain could also hurt these firms. Countries such as the U.S., UK, and Canada have all indicated their willingness to adjust their immigration or citizenship rules to allow, as the U.S. Secretary of State Pompeo put it, “Hong Kong people…[to] bring their entrepreneurial creativity to our country.” Firms in Hong Kong for Hong Kong rely heavily on local talent, and a loss of the best and brightest to other countries could be devastating to them.

For China

These firms—1,300 of them from the United States—are in Hong Kong largely for the access it provides them to China, though most of them are also there for Hong Kong. A quick review of a few key numbers will make it clear why these firms have decided that Hong Kong offers them good access.

In 2019, China was the second largest recipient of FDI in the world ($139 billion), behind only the United States. According to the National Bureau of Statistics of China, approximately two-thirds of all the FDI into China came via Hong Kong. In 2018 Hong Kong exported $25.3 billion to China, which was Hong Kong’s #1 destination and accounted for 20% of all of its exports. China exported $282 billion to Hong Kong, which was China’s #2 destination after the United States ($499 billion) and accounted for 10.9% of all of China’s exports. In 2018, U.S. $37 billion (8%) of Mainland China’s exports to the United States and roughly U.S. $10 billion of China’s imports from the United States were transshipped through Hong Kong. In terms of capital flows, over the last decade approximately 80% of the IPOs outside Mainland China have been issued in Hong Kong. In addition, Hong Kong has handled about 40% of Chinese firms’ U.S. dollar-bond issuances. Given all of this, and Hong Kong’s proximity to Mainland China, it’s no surprise that so many foreign firms are in Hong Kong.

If Hong Kong loses its special status for good, these firms could get hurt in two ways. First, if the United States does anything to curtail debt or equity transactions in Hong Kong by Chinese firms, foreign firms based in China that collect significant fees for facilitating these transactions would see their top line shrink. Second, if tariffs or export controls are created for China and extended to Hong Kong, this could affect $47 billion worth of annual transshipments and hit the revenues of foreign firms based in Hong Kong that are involved in numerous aspects of these transactions—everything from logistics and financing to legal and banking activities.

In effect, those firms that are in Hong Kong for China, and especially any of the 1,300 or so U.S. firms in this category, could easily find themselves caught in the crossfire between China and the United States. Ironically, in the past Hong Kong’s special status either largely protected these firms from being caught in the middle, or in some cases helped them benefit. For example, past trade tensions between the United States and China have caused transshipments to increase. Those firms that were in Hong Kong for China and that were involved in in these transshipments benefited from the increase. With the loss of special status, these benefits would disappear.

Another potential area of concern for firms that are in Hong Kong for China firms would be changes in visa requirements.  Currently, many nations, including the United States, have agreements with Hong Kong that require no visas and allow temporary stays of up to three months. In contrast, China has cumbersome visa requirements with most of these same countries. The loss of  Hong Kong’s special status regarding visas could mean that firms that are in Hong Kong for China would probably find it much more difficult for their employees to fly into Hong Kong to conduct business for China.

For Asia

There are 1,541 foreign firms that have their regional headquarters in Hong Kong, including over 300 U.S. firms. These firms use Hong Kong as their base of operations for activities throughout Asia, from Japan in the north to Australia in the south, and from Indonesia in the east to India in the west. Obviously, Hong Kong and China fall within these boundaries.

Hong Kong’s global and regional standing in finance facilitates the coordination of capital requirements for the region. If the new particulars of the security law end up being strict enough, and reactions from the United States and United Kingdom are strong enough that Hong Kong’s standing in the financial markets shrinks significantly, Singapore could become an attractive alternative for regional headquarters. Many aspects of its financial market, from company listings to foreign currency exchange, already rival or surpasses Hong Kong. Its political security, efficient infrastructure, quality schools, and other features only add to its attractiveness as a base for regional headquarters. U.S. technology firms in fact already have twice as many regional headquarters in Singapore as in Hong Kong.

Expatriates typically play a critical role and constitute an important portion of senior managers and top executives in virtually all regional headquarters. The thought of Chinese secret police being embedded in Hong Kong might make it difficult, or at least more expensive, to entice key expatriates to take up regional positions in Hong Kong. Often expatriates are put in these slots not just to do the job but as a core part of their development as future global leaders, and therefore simply substituting locals for expatriates would not be a satisfying option for most firms. Any brain drain of local talent would only amplify this leadership shortfall.

What should CEOs do?

Despite all of the differences outlined above, there are three general actions that firms in all three categories should take:
  • Secure Your People. The most important asset in all three categories is people. Given that services constitute 92% of Hong Kong’s economy, this is hardly surprising. What is surprising and worrisome, however, is data that have turned up in research conducted by Stewart Black, who surveyed some 5,000 executives.  Although about 93% of these executives  (1,300 of them in Hong Kong, and their responses reflect those of the whole group) said that people are their most important asset, more than 84% had no clear strategy for attracting and retaining the people they need, and more than 96% did not have clear metrics to hold executives accountable for their success or failure in winning the war for talent. We have also found that although competitive compensation is important, superior culture, leadership, and job enrichment matter even more. The bottom line is that firms in all three categories need to review and strengthen their employee value proposition to ensure that the people they want want them.
  • Review Scenarios. It’s essential to come up with different scenarios and think contingencies out in advance. Scenario planning is not about trying to predict the future but laying out best- and worse-case scenarios, and then making explicit the factors and cause-and-effect relationships that would bring them about. Going through this process attunes executives to what they need to watch so they don’t get blindsided. It also lowers the likelihood that executives will respond with knee-jerk reactions in the heat of the moment.
  • Create Options. The worst-case scenario for Hong Kong is severe enough that foreign firms operating there would be wise to create some options so that, if need be, they can move people and activities to alternative locations without having to scramble whenever the time comes. This recommendation is the most difficult for firms that are in Hong Kong for Asia, but it is potentially the most beneficial to them as well. Moving a regional headquarters is not easy, which is why a survey by the American Chamber of Commerce in Singapore found that the vast majority of firms with regional headquarters in Hong Kong do not plan to move them. However, having contingency plans or even moving select activities to an alternate regional location can often cost less than taking a wait-and-see approach.
It is hard to predict exactly how severe the new security law will be or how the United States and other nations will react. But no matter what happens, the firms that will hit the right balance between doing too little and too much are those that understand clearly why they are in Hong Kong; that know what factors will help or hurt them the most; and that take the basic steps outlined above. And at the end of the day, China is still very dependent on Hong Kong for trade, FDI, equity and debt capital, and foreign exchange—and that self-interest should keep its leaders from going too far with implementing the security law.

Offline zuolun

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Re: Casino Stocks
« Reply #2104 on: July 16, 2020, 09:02:51 AM »
Singapore and Malaysia aim to open travel 'green lane' on Aug 10 ~ 14 Jul 2020
https://www.youtube.com/watch?v=h11u2ySbrKQ

Most property developers flag possible sales target revision — HLIB ~ 13 Jul 2020
https://www.theedgemarkets.com/article/most-property-developers-flag-possible-sales-target-revision-%E2%80%94-hlib

HLIB Research trims SP Setia's TP to RM0.87 ~ 10 Jul 2020
https://www.theedgemarkets.com/article/hlib-research-trims-s-p-setias-target-price-87-sen-keeps-hold-call-sales-and-gdv-downside
SP Setia's 2QFY20 results targeted for mid-August.

SP Setia Q1 net profit dips 43.78%, weighed down by MCO ~ 14 May 2020
https://www.malaymail.com/news/money/2020/05/14/sp-setia-q1-net-profit-dips-43.78pc-weighed-down-by-mco/1866182
SP Setia revised its sales target for the financial year ending December 31, 2020 (FY2020) to RM3.80 billion from RM4.55 billion set earlier.

SP Setia ~ Trading in a downward sloping channel, interim TP RM0.55

SP Setia closed with a spinning top @ RM0.805 (-0.005, -0.6%) with 4.19m shares done on 16 Jul 2020.

Immediate support @ RM0.77, immediate resistance @ RM0.84.


Offline zuolun

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Re: Casino Stocks
« Reply #2105 on: July 16, 2020, 09:38:42 AM »
HK Land and SP Setia ~ Similar chart pattern

HK Land ~ Trading in a downward sloping channel, interim TP US$3.48, next TP US$3.00

HK Land closed with a black marubozu @ US$3.96 (-0.09, -2.2%) with 2.50m shares done on 14 Jul 2020.

Immediate support @ US$3.86, immediate resistance @ US$4.20.



SP Setia ~ Trading in a downward sloping channel, interim TP RM0.55

SP Setia closed with a spinning top @ RM0.805 (-0.005, -0.6%) with 4.19m shares done on 15 Jul 2020.

Immediate support @ RM0.77, immediate resistance @ RM0.84.



Performance chart ~ HK Land vs SP Setia as at 15 Jul 2020



苏小妹:

对比香港置地和实达集团的3年图形,你看得懂是圆形顶(Rounding Top)吗?

唯一不同的是;香港置地的圆顶还没有向下突破,而实达集团的圆顶却已经向下突破了。

从技术分析的角度来看这两只股票,你觉得哪一只股票会有比较强劲的技术反弹?




Performance chart ~ HK Land vs SP Setia as at 22 Nov 2019



HK Land ~ Bear Flag, interim TP @ US$4.62

HK Land closed with a white marubozu @ US$5.36 (+0.09, +1.7%) with 1.60m shares done on 22 Nov 2019.

Immediate support @ US$5.22, immediate resistance @ US$5.40.



SP Setia ~ Trading in a downward sloping channel, interim TP RM0.88

SP Setia closed with a black marubozu @ RM1.28 (-0.09, -6.6%) with high volume done at 22.7m shares on 22 Nov 2019.

Immediate support @ RM1.25, immediate resistance @ RM1.39.


Offline zuolun

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Re: Casino Stocks
« Reply #2106 on: July 20, 2020, 11:37:16 AM »
苏小妹:

SATS 的股价预测 (TP @ S$1.50) 可以用胡立阳所说的「最简单的技术分析理论」。


SATS just reported its first quarterly loss ever: What’s next for the stock? ~ 14 Jul 2020
https://www.asiaone.com/money/sats-just-reported-its-first-quarterly-loss-ever-whats-next-stock
SATS reported a net loss of S$6.3m in Q4 FY2020 on July 9, as compared to a net profit of S$49.9m in the same period a year prior.
This is below SATS’ initial earnings projection of S$15m to S$19m in net profit.

Kepler Capital stick to Buy for SATS, TP $2.08 ~ 13 Jul 2020
https://www.investing.com/news/kepler-capital--stick-to-their-buy-rating-for-sats-ltd-2227197

SATS ~ Trading in a downward sloping channel, interim TP S$2.52 next TP S$1.50

SATS closed with a spinning top @ S$2.91 (+0.05, +1.7%) with 4.21m shares done on 17 Jul 2020.

Immediate support @ S$2.85, immediate resistance @ S$3.08.



Bearish Descending Triangle Chart Pattern


Offline zuolun

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Re: Casino Stocks
« Reply #2107 on: July 21, 2020, 11:17:46 AM »
Analysts remain neutral on SPH as it fights off Covid-19 bug ~ 15 Jul 2020
https://www.theedgesingapore.com/capital/brokers-calls/analysts-remain-neutral-sph-it-fights-covid-19-bug
Analysts have adopted a neutral stance towards SPH since its FY20F profit guidance is looking to drop significantly from the $187m logged in FY19. CIMB and OCBC’s analysts have posted “neutral” or “hold” calls on SPH at $1.35. DBS' Yeo and Sim meanwhile also have a "hold" call, but at a lower target price of $1.26.

SPH ~ Trading in a downward sloping channel, interim TP S$1.01

SPH closed with a hammer unchanged @ S$1.20 with 10.1m shares done on 20 Jul 2020.

Immediate support @ S$1.14, immediate resistance @ S$1.25.



SPH ~ Trading in a downward sloping channel, interim TP S$1.01

SPH closed with a spinning top @ S$1.29 (-0.01, -0.8%) with 8.47m shares done on 3 Jul 2020.

Immediate support @ S$1.25, immediate resistance @ S$1.33.


Offline zuolun

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Re: Casino Stocks
« Reply #2108 on: July 21, 2020, 01:15:55 PM »
CapitaLand says H1 2020 profit 'will be materially and adversely impacted' ~ 6 Jul 2020
https://www.ig.com/sg/news-and-trade-ideas/capitaland-share-price--whats-the-latest-following-soft-profit-g-200706
  • Operating PATMI is expected to reduce by 25% to 35% from the S$361.3m recorded in the first half of 2019 (H1 2019).
  • Cash PATMI (comprising Operating PATMI and Portfolio Gains) is expected to reduce by 40% to 50% from the S$496m achieved in H1 2019.
  • CapitaLand has adopted annual valuation in December with effect from 2020. Any revaluation gains or losses on investment properties will only be recorded in its full year results and accordingly, will not be comparable in H1 2020 to that for H1 2019, which recorded revaluation gains of S$379.4m. Nevertheless, CapitaLand will continue to recognise its share of any revaluation gains or losses recorded and announced by its listed investments.
Capitaland ~ Trading in a downward sloping channel, interim TP S$2.46,next TP S$1.79

Capitaland closed with a spinning top @ S$2.85 (-0.01, -0.3%) with 7.66m shares done on 20 Jul 2020.

Immediate support @ S$2.80, immediate resistance @ S$2.92.



Capitaland ~ Trading in an intermediate upward sloping channel

Capitaland gapped down and closed with a doji @ S$2.86 (-0.04, -1.4%) with 15.7m shares done on 25 Jun 2020.

Immediate support @ S$2.79, immediate resistance @ S$2.92.


Offline zuolun

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Re: Casino Stocks
« Reply #2109 on: July 22, 2020, 07:53:02 AM »
Analysts remain positive on Sembcorp Industries despite difficult first half ~ 20 Jul 2020
https://www.theedgesingapore.com/capital/brokers-calls/analysts-remain-positive-sembcorp-industries-despite-difficult-first-half
UOBKH upgraded SCI to “buy”, TP $2.20.
RHB maintained “buy” on SCI, TP $2.11.
CIMB maintained “add” on SCI, TP $2.27.

Sembcorp posts $131m net loss in H1, warns of worse to come ~ 17 Jul 2020
https://www.straitstimes.com/business/companies-markets/sembcorp-posts-131m-net-loss-in-h1-warns-of-worse-to-come

Sembcorp ~ Trading in a downward sloping channel, interim TP S$1.36

Sembcorp closed with a tri-star doji @ S$1.77 (+0.01, +0.6%) with 3.89m shares done on 21 Jul 2020.

Immediate support @ S$1.71, immediate resistance @ S$1.83.



Sembcorp Ind ~ What an epic short squeeze looks like

Sembcorp gapped up and closed with a spinning top @ S$2.09 (+0.56, +36.6%) with high volume done at 90m shares on 9 Jun 2020.

Immediate support @ S$1.55, immediate resistance @ S$2.09.


Offline zuolun

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Re: Casino Stocks
« Reply #2110 on: July 22, 2020, 08:25:44 AM »
Sembmarine to incur wider net losses in 2020, 2021: UOBKH ~ 20 Jul 2020
https://www.theedgesingapore.com/brokers-calls/sembmarine-incur-wider-net-losses-2020-2021-uobkh
Sembmarine is forecast to incur wider net losses of $261 million this year and $55 million next year, according to UOB KayHian.

SembCorp Marine ~ Trading in a downward sloping channel, TP S$0.21

SembCorp Marine closed with a bullish harami @ S$0.435 (+0.01, +2.4%) with 3.57m shares done on 21 Jul 2020.

Immediate support @ S$0.42, immediate, resistance @ S$0.46.



SembCorp Marine ~ Trading in a downward sloping channel, interim TP S$0.42

SembCorp Marine gapped down and closed with a spinning top @ S$0.62 (-0.23, -27.1%) with exceptional high volume done at 140m shares on 9 Jun 2020.

Immediate support @ S$0.45, immediate, resistance @ S$0.67.


Offline zuolun

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Re: Casino Stocks
« Reply #2111 on: July 22, 2020, 09:10:31 AM »
EcoWorld posts lower 2Q net profit due to MCO ~ 25 Jun 2020
https://www.theedgemarkets.com/article/ecoworld-posts-lower-2q-net-profit-due-mco-sees-big-rebound-sales-during-cmco
EcoWorld's net profit fell 48% to RM21.39m in Q2 ended 30 Apr 2020 (2QFY20) compared with RM41.17m previously.

Eco World ~ Trading in a downward sloping channel, interim TP RM0.295

Eco World closed with a gravestone doji unchanged @ RM0.42 with 7.51m shares done on 21 Jul 2020.

Immediate support @ RM0.40, immediate resistance @ RM0.44.



Eco World ~ Trading in a downward sloping channel, interim TP RM0.50

Eco World closed with a spinning unchanged @ RM0.655 with 9.52m shares done on 14 Oct 2019.

Immediate support @ RM0.625, immediate resistance @ RM0.70.


Offline zuolun

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Re: Casino Stocks
« Reply #2112 on: July 22, 2020, 09:18:07 AM »
Eco World and SP Setia ~ Similar Chart Pattern

Eco World ~ Trading in a downward sloping channel, interim TP RM0.295

Eco World closed with a gravestone doji unchanged @ RM0.42 with 7.51m shares done on 21 Jul 2020.

Immediate support @ RM0.40, immediate resistance @ RM0.44.



SP Setia ~ Trading in a downward sloping channel, interim TP RM0.55

SP Setia closed with a spinning top @ RM0.805 (-0.005, -0.6%) with 4.19m shares done on 16 Jul 2020.

Immediate support @ RM0.77, immediate resistance @ RM0.84.


Offline odie

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Re: Casino Stocks
« Reply #2113 on: July 25, 2020, 09:16:44 AM »
Add 12 intc @ 50.22

Offline zuolun

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Re: Casino Stocks
« Reply #2114 on: July 26, 2020, 09:48:43 AM »
CAO will release its unaudited financial results for the half-year ended 30 June 2020 on Thursday, 30 July 2020.

RHB maintained BUY on CAO, TP S$1.25 ~ 6 Jul 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/b62f177be34a6e301de2977955546b41a493be05.pdf

RHB kept BUY on CAO, TP S$1.25 ~ 12 Jun 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/0b0b23254744bd3582c328782f80739dd4b8ae7d.pdf

RHB maintained BUY on CAO, new TP S$1.30 from S$1.55 ~ 12 Mar 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/4aff074af27ad8fe5f1a6e22d17ff5c76dc67698.pdf

DBS reiterated BUY on CAO, TP S$1.65 ~ 26 Feb 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/3e3e33982c7508a0115114ee4c06fad4566b2038.pdf

RHB reiterated BUY on CAO, TP S$1.55  ~ 21 Jan 2020
https://www.theedgesingapore.com/capital/brokers-calls/china-aviation-oil-kept-buy-rhb-diversification-strategy-long-term-growth

CAO ~ Trading in a downward sloping channel, interim TP S$0.69

CAO closed with a hanging man @ S$0.98 (-0.015, -1.5%) with 790,000 shares done on 24 Jul 2020.

Immediate support @ S$0.95, immediate resistance @ S$1.01.



CAO : Good shortsell candidate

CAO ~ Trading in a downward sloping channel, interim TP S$0.895, next TP S$0.73

CAO closed with a bearish harami @ S$0.965 (-0.025, -2.5%) with 790,000 shares done on 11 Mar 2020.

Immediate support @ S$0.925, immediate resistance @ S$1.02.


Offline zuolun

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Re: Casino Stocks
« Reply #2115 on: July 26, 2020, 10:22:17 AM »
Capitaland (20 Jul 2020) and CAO (11 Mar 2020) ~ Bearish symmetrical triangle chart pattern

Capitaland ~ Trading in a downward sloping channel, interim TP S$2.46,next TP S$1.79

Capitaland closed with a spinning top @ S$2.85 (-0.01, -0.3%) with 7.66m shares done on 20 Jul 2020.

Immediate support @ S$2.80, immediate resistance @ S$2.92.



CAO ~ Trading in a downward sloping channel, interim TP S$0.895, next TP S$0.73

CAO closed with a bearish harami @ S$0.965 (-0.025, -2.5%) with 790,000 shares done on 11 Mar 2020.

Immediate support @ S$0.925, immediate resistance @ S$1.02.



Bearish symmetrical triangle chart pattern


Offline zuolun

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Re: Casino Stocks
« Reply #2116 on: July 27, 2020, 12:32:45 PM »
苏小妹:

Yanlord 最悲观的股价预测 = S$0.59 or FIBO 161.8%;可以引用 8 Aug 2019 的图形着为参考(@ S$0.875 or FIBO 161.8%)。


KGI Securities maintained its outperform call on Yanlord, TP $1.45 ~ 17 Jul 2020
https://www.theedgesingapore.com/capital/brokers-calls/yanlord-land-%E2%80%98red-hot%E2%80%99-set-outperform-sales-target-strong-summer-sales-kgi

Yanlord ~ Trading in a downward sloping channel, interim TP S$0.855

Yanlord closed with a bearish harami cross @ S$1.22 (-0.01, -0.8%) with 880,000 shares done on 24 Jul 2020.

Immediate support @ S$1.18, immediate resistance @ S$1.25.



Yanlord ~ Bearish Round Top Formation, critical support @ S$1.105

Yanlord closed with a doji unchanged @ S$1.18 with 1.25m shares done on 8 Aug 2019.

Immediate support @ S$1.15, strong resistance @ S$1.22.



Yanlord closed @ S$1.32 (+0.03, +2.3%) with 1.50m shares done on 12 Jul 2019.


Offline zuolun

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Re: Casino Stocks
« Reply #2117 on: July 28, 2020, 10:02:19 AM »
苏小妹:

SIA Engg 最悲观的股价预测 = S$0.59 or FIBO 161.8%;可以引用16 Nov 2018 的图形做为参考(@ S$1.74 or FIBO 161.8%)。


SIA Engineering reports 74.3% drop in net profit to $10.7 mil in 1Q20 business update ~ 17 Jul 2020
https://www.theedgesingapore.com/capital/results/sia-engineering-reports-743-drop-net-profit-107-mil-1q20-business-update
The group adds that its financial performance for this quarter was cushioned by the grants from government support schemes. Without the support, it says it would have recorded a loss of $36.7 million for the quarter.

SIA Engg ~ Trading in a downward sloping channel, interim TP S$1.44

SIA Engg closed with a black marubozu @ S$1.80 (-0.10, -5.3%) with 670,000 shares done on 27 Jul 2020.

Immediate support @ S$1.73, immediate resistance @ S$1.96.



SIA Engg ~ Bearish Descending Triangle Breakout, interim TP S$2.40, next TP S$2.05

SIA Engg closed with a hammer @ S$2.58 (-0.03, -1.9%) with 860,000 shares done on 16 Nov 2018.

Immediate support @ S$2.50, immediate resistance @ S$2.62.


Offline zuolun

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Re: Casino Stocks
« Reply #2118 on: July 31, 2020, 10:09:27 AM »
If S$3.05 is convincingly broken with high volume; expect SIA shares to hit record low of S$2.27 or FIBO 161.8%.

DBS maintained “hold” on SIA, TP S$3.75 ~ 29 Jul 2020
https://www.theedgesingapore.com/capital/brokers-calls/dbs-slashes-sia%E2%80%99s-tp-says-strengthened-balance-sheet-could-help-weather-storm

SIA ~ Trading in a downward sloping channel, interim TP S$3.05, next TP S$2.27

SIA closed with a hammer @ S$3.42 (-0.11, -3.1%) with 22.7m shares done on 30 Jul 2020.

Immediate support @ S$3.30, immediate resistance @ S$3.65.



Global COVID-19 total surges past 17 million ~ 30 Jul 2020
https://www.cidrap.umn.edu/news-perspective/2020/07/global-covid-19-total-surges-past-17-million
It only took 4 days for the pandemic total to rise from 16m to 17m, and on the day the WHO declared the PHEIC on Jan 30, there were nearly 8,000 cases in the world, most of them in China. Today, the global total climbed to 17,126,081 cases, and 669,055 people have died from their infections.

SIA defers Airbus deliveries amid S$1 billion Q1 operating loss ~ 29 Jul 2020
https://www.flightglobal.com/orders-and-deliveries/sia-defers-airbus-deliveries-amid-s1-billion-q1-operating-loss/139530.article
SIA has 19 A350-900s on order and 49 Boeing aircraft on order, comprising 29 787-10s and 20 777-9s. Scoot has 30 A320neos and 16 A321neos, alongside five 787s, on order. Meanwhile, SilkAir has 31 737 Max 8s on order. SIA’s move to defer aircraft deliveries and payment — which it says will “help to moderate fleet growth in the near term”.

SIA plummets into $1.12 bil net loss in 1Q20/21 on continued aviation woes ~ 29 Jul 2020
https://www.theedgesingapore.com/capital/results/sia-plummets-112-bil-net-loss-1q2021-continued-aviation-woes
This marks the 2nd consecutive qtr of losses registered by SIA, following its $732.4m loss in 4Q19/20.
The losses registered for the quarter translates into losses per share of 57.2 cents.
1Q2021 group revenue plunged 79.3% to $851m from the $4.10b registered in the same period last year.
Mark-to-market losses of $464m on ineffective fuel hedges were also recognised for the quarter.

COVID-19 vaccine unlikely to be widely available before mid-2021, says Germany ~ 29 Jul 2020
https://www.channelnewsasia.com/news/world/covid-19-vaccine-unlikely-to-be-widely-available-before-mid-2021-12972972

Global airlines less hopeful on COVID-19 recovery ~ 28 Jul 2020
https://www.nasdaq.com/articles/global-airlines-less-hopeful-on-covid-19-recovery-2020-07-28
Global airlines cut their coronavirus recovery forecast on Tuesday 28 Jul 2020, saying it would take until 2024 - a year longer than previously expected - for passenger traffic to return to pre-crisis levels.

Singapore Airlines - The harsh operating environment ~ 26 Jul 2020
https://www.youtube.com/watch?v=GKyRumnobhM
SIA is operating at about 6% of its scheduled capacity in the month of July 2020. This will be lifted to 7% by August 2020.

Rise in global Covid-19 toll and its implications ~ 20 Jul 2020
https://www.todayonline.com/singapore/explainer-rise-number-covid-19-cases-globally-and-its-implications
One expert said exponential growth in Covid-19 cases shows that the situation is “spiralling out of control”.
Based on current evidence, the transmissibility and severity of Covid-19 have not changed, said the WHO.
Uptrend expected to continue until control measures such as mask wearing, contact tracing and isolation resume.


Offline odie

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Re: Casino Stocks
« Reply #2119 on: August 02, 2020, 09:23:07 AM »
Keppel posts $698 million net loss for Q2; fails to meet pre-condition for Temasek takeover bid

https://www.straitstimes.com/business/companies-markets/keppel-posts-698-million-net-loss-for-q2-fails-to-meet-pre-condition-for?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-08-02%209%3A08%3A27

Offline zuolun

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Re: Casino Stocks
« Reply #2120 on: August 03, 2020, 10:10:59 AM »
Wild price movement on the top 2 sector stocks of the STI could swing the SiMSCI and vice versa ~ 9 Jun 2020
 [The 3 banks; DBS, OCBC and UOB + real estate inclusive of REITs = 67.91% (45.46% + 22.45%)]

The Straits Times Index is all about the share prices of the top 6 Index stocks (out of the 30 component stocks) ~ 28 Feb 2018

苏小妹:

The 3 banks; DBS, OCBC and UOB contribute 38% to the STI.


Singapore asks banks to restrict dividends, conserve capital ~ 29 Jul 2020
https://www.freemalaysiatoday.com/category/business/2020/07/29/singapore-asks-banks-to-restrict-dividends-conserve-capital/

STI ~ Trading in a downward sloping channel, interim TP 2,208

STI closed with a hammer @ 2,529.82 (-43.63, -1.7%) on 30 Jul 2020.

Immediate support @ 2,490, immediate resistance @ 2,657.



STI (weekly) ~ Bearish Descending Triangle Breakout ~ 30 Jul 2020



STI (weekly) ~ Bearish Descending Triangle Breakout, TP 2,269 ~ 13 Mar 2020



Bearish Descending Triangle Chart Pattern


Offline zuolun

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Re: Casino Stocks
« Reply #2121 on: August 03, 2020, 04:56:01 PM »
UOBKH maintained BUY on KepCorp, TP S$7.10 ~ 3 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/ae76320a11f11a6b579c3a0ebbdc0b25e776b57b.pdf

OCBC maintained BUY on KepCorp, TP S$6.40 ~ 3 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/5d6000fd5e88311d4b1ffa06c22820060e7fe2fc.pdf

KepCorp ~ Trading in a downward sloping channel, interim TP S$4.00

KepCorp closed with a black marubozu @ S$5.40 (-0.20, -3.6%) with high volume done at 11.9m shares on 30 Jul 2020.

Immediate support @ S$5.30, immediate resistance @ S$5.74.



Temasek's $3 bln bid for Keppel at risk as conglomerate reports big loss ~ 30 Jul 2020
https://www.reuters.com/article/keppel-results/update-1-keppels-loss-breaches-temaseks-conditions-for-takeover-ceo-says-idINL3N2F136O
Keppel posts Q2 net loss of S$697 mln vs year-prior profit.
Loss breaches Temasek’s terms of conditional offer.
Keppel impacted by impairments in offshore & marine unit.
Bid unlikely to proceed unless pre-conditions waived-analyst.

Could the KepCorp takeover offer by Temasek be in jeopardy? ~ 2 Jul 2020
https://www.asiaone.com/money/could-keppel-corporation-takeover-offer-temasek-be-jeopardy
If KepCorp does report a significant fall in its net profit during its upcoming earnings, Temasek will have the right to rescind the offer as the pre-conditions have not been satisfied. The current share price may also explain why Keppel continues to trade at a 19% discount to its $7.35 offer price, despite the close of the offer being just four months away.

Temasek Holdings to drop $4 bil bid for control of Keppel Corp pending Keppel’s next earnings report ~ 29 Jun 2020
https://www.theedgesingapore.com/news/company-news/temasek-holdings-drop-4-bil-bid-control-keppel-corp-pending-keppel%E2%80%99s-next-earnings
Temasek Holdings is prepared to drop a $4 billion bid for control of KepCorp should the Singaporean conglomerate’s next earnings report trigger a clause that allows it to walk away, according to people familiar with the matter. (KepCorp's First Half of 2020 earnings report to be released on 30 July 2020.)

Offline zuolun

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Re: Casino Stocks
« Reply #2122 on: August 04, 2020, 01:24:51 PM »
Europe seeing COVID-19 cases rise as worldwide toll nears 18 million with > 687,000 deaths ~ 2 Aug 2020
https://www.youtube.com/watch?v=YrfZqbN4vy0

闫丽梦博士:病毒被中共军方发现和拥有,经过精心策划;来自自然演化的可能性为零 ~ 2 Aug 2020
https://www.youtube.com/watch?v=oOevQMQmpm4

7月28日闫丽梦博士首次接受路德采访 ~ 28 Jul 2020
https://www.youtube.com/watch?v=mx56l4-0tUE

「WHO」~ 17 Feb 2020
https://www.youtube.com/watch?v=yVuelwId3dU

「問我國家哪像染病」 ~ 24 Jan 2020
https://www.youtube.com/watch?v=k9HzT50vXhk


Offline zuolun

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Re: Casino Stocks
« Reply #2123 on: August 11, 2020, 10:36:55 AM »
UOBKH maintained BUY on KepCorp, TP S$7.10 ~ 3 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/ae76320a11f11a6b579c3a0ebbdc0b25e776b57b.pdf

OCBC maintained BUY on KepCorp, TP S$6.40 ~ 3 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/5d6000fd5e88311d4b1ffa06c22820060e7fe2fc.pdf

CGS-CIMB maintained "add" on KepCorp, TP S$6.46 ~ 10 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/6c4ad4f1b136dea1ae85b1cac6879abdde495b14.pdf

Temasek abandons $3 billion bid for Keppel after conglomerate's loss ~ 10 Aug 2020
https://www.reuters.com/article/us-keppel-corp-m-a-temasek-holdings/temasek-drops-3-billion-bid-for-keppel-after-conglomerate-reports-steep-loss-idUSKCN2560MG

KepCorp ~ Trading in a downward sloping channel, interim TP S$4.00

KepCorp closed with a hanging man @ S$5.40 (+0.03, +0.6%) with 3.66m shares done on 7 Aug 2020.

Immediate support @ S$5.13, immediate resistance @ S$5.47.



KepCorp closed @ S$5.40 on 7 Aug 2020.



No deal for Keppel: Mixed views on what this means for O&M consolidation

Timing of Temasek's withdrawal from S$4 billion partial offer, well ahead of Aug 31 deadline, also surprises many market watchers

By Sharanya Pillai
11 Aug 2020

In a twist that caught many off-guard, Temasek is pulling out of its S$4 billion partial offer for Keppel Corp, after the latter breached a key term of the deal with a S$697.6 million net loss for the second quarter ended June.

Market watchers told BT that they were surprised by the timing of the announcement, which came much earlier than Aug 31, the date by which Temasek had said it would make its decision.

The withdrawal also came a day ahead of the extraordinary general meetings of Sembcorp Industries (SCI) and Sembcorp Marine (SMM), where it will be revealed if shareholders have approved a de-merger of SMM from its parent.

Temasek's role in making a partial offer for Keppel and moving to directly own a stake in SMM had been viewed by many as critical for a consolidation of the struggling offshore and marine (O&M) sector.

After all, a merger of SMM with Keppel's O&M business has been long anticipated, noted Terence Wong, the chief executive and founder of Azure Capital.

But Temasek's withdrawal from the Keppel deal has now led to mixed views on the timeline to such industry consolidation.

In a Monday afternoon bourse filing, it was disclosed that Temasek will invoke the Material Adverse Change (MAC) pre-condition in its decision to pull out of the deal. The Securities Industry Council of Singapore has confirmed that it has no objection to Temasek doing so.

The MAC clause had mandated that Keppel's profit after tax must not fall by more than 20 per cent, or below S$557 million, over the cumulative four quarters from the third quarter ended September 2019.

However, the clause was breached with Keppel's latest results. The firm's cumulative loss after tax for the year to end-June stood at S$165 million, amid massive impairments of S$919 million in its Q2 results.

Responding to Temasek's withdrawal, Keppel said that the offer was "unsolicited" and that it had not negotiated the terms of the deal, including the MAC clause. It added that "there was no certainty that the pre-conditions would be satisfied or waived and that the partial offer would be made."

The firm said: "Notwithstanding the withdrawal of the partial offer, we intend to engage Temasek, which remains our single largest shareholder, to explore opportunities for strategic collaboration."

This will be in line with Keppel's Vision 2030 strategy for long-term transformation.

"We continue to believe in the inherent value of Keppel's business, and have a strong balance sheet and support from our network of banks to finance the group's operations and growth initiatives," it added.

Before Temasek's withdrawal, some market watchers were still cautiously optimistic that Keppel would keep the deal on the table, albeit at a lower price than the earlier announced S$7.35 per share for an additional 30.55 per cent stake.

KGI Securities analyst Joel Ng told BT that Temasek's "outright" withdrawal was a surprise, as his base case was that Temasek would revise its offer price.

Retail investor Jerry Low, who has shares in both Keppel and SCI, had likewise not expected Temasek, a long-term investor, to pull out after Keppel's strong showing in core operating profit for Q2.

Azure Capital's Mr Wong said that while the withdrawal will likely disappoint Keppel shareholders, it was understandable given that Temasek had announced the deal in October last year, before there were "many fires to fight" amid Covid-19.

CGS-CIMB analyst Lim Siew Khee similarly said in a Monday report that Temasek's decision was "not unreasonable" but felt that the timing was "slightly earlier than expected".

Despite Temasek's withdrawal, the rough consensus still seems to be that Keppel O&M and SMM will eventually merge as industry headwinds worsen. But the question of when this marriage will happen has become more uncertain.

Ms Lim of CGS-CIMB noted that while Keppel's core business direction is likely to remain unchanged, the potential Keppel O&M and SMM merger "may not happen so soon".

However, Mr Wong reckons that the merger will happen "sooner than later", given the current pressure on the O&M sector.

Mr Ng of KGI echoes this, explaining that Temasek could still conduct the merger in a different way, particularly with the depressed Covid-19 environment. "There is definitely an impact on the timeline, but we believe it would not be a significant change. The current downturn in the O&M sector due to Covid-19 has accelerated the need to consolidate resources and lay the proper groundwork to capture long-term opportunities," he added.

However, retail investor Mr Low is still worried about how exactly such a consolidation will pan out, given that the partial offer for Keppel has not proceeded as expected. He also expresses concerns that Keppel's share price may become depressed by such uncertainty, even if its diversified business stays resilient.

"Now without the opportunity for Temasek to buy Keppel's shares at S$7.35, the chances of the share price dropping back to the March low (of under S$5) is there," he said.

For now, equity analysts are still expressing optimism about the outlook for Keppel based on its fundamentals.

Ms Lim of CGS-CIMB has maintained an "add" call on the stock at an unchanged S$6.46 target price, as she believes that Keppel's share price weakness "has already factored in some risk of deal cancellation".

"We expect the share price to see support at the previous trough of a price-to-book value of 0.82 times in 2016, the previous oil price crisis. Assuming the share price reaches S$4.88, the market would have significantly discounted its O&M business to distress values," she said.

Mr Ng of KGI even sees a bargain deal. "The latest announcement is negative for Keppel's share price in the short term. But we expect that to be a buying opportunity. Keppel has done a good job diversifying beyond O&M over the past decade, such as into data centres and sustainable urban development projects," he said.

Perhaps what remains to be seen at the Tuesday market open is how the everyday investor will react. Mr Low added: "The first thing for us to decide on tomorrow morning will be whether to sell our Keppel shares."

Offline zuolun

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Re: Casino Stocks
« Reply #2124 on: August 14, 2020, 08:05:07 AM »
Axiata 2nd Quarter of FY2020 Results to be released on 27 August 2020.

Moody’s sees zero revenue growth for Axiata this year ~ 11 Aug 2020
https://www.theedgemarkets.com/article/moodys-affirms-axiatas-baa2-rating-stable-outlook

Axiata raises US$1.5b via European debt papers to refinance debts, capex ~ 10 Aug 2020
https://www.theedgemarkets.com/article/axiata-raises-us15-billion-european-debt-papers-partly-refinance-existing-debts

Dialog Axiata reports muted performance for June quarter ~ 6 Aug 2020
http://www.dailymirror.lk/business-news/Dialog-Axiata-reports-muted-performance-for-June-quarter/273-193292
Earnings up on unrealised foreign exchange gain.
Says operations in month of June returned to pre-pandemic levels.

Axiata ~ Trading in a downward sloping channel, interim TP RM2.97, next TP RM2.45

Axiata closed with a spinning top unchanged @ RM3.15 with 1.64m shares done on 13 Aug 2020.

Immediate support @ RM3.09, immediate resistance @ RM3.25.



Axiata closed @ RM3.15 on 13 Aug 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2125 on: August 14, 2020, 08:32:09 AM »
ComfortDelgro 1H ended 30 June 2020 Results to be released on Friday, 14 August 2020, after trading hours.

Vicom's half-year profits down 30% to $9.7m ~ 13 Aug 2020
https://www.straitstimes.com/singapore/transport/vicoms-half-year-profits-down-30-to-97m
The vehicle inspection and testing unit of transport giant ComfortDelGro reported that revenue fell by 22% to $39.8m for the six months ended June 30.

Government grants keep SBS Transit in the black in the first half of 2020 ~ 13 Aug 2020
https://www.straitstimes.com/singapore/transport/sbs-transit-stays-in-the-black-on-govt-relief-grants
Transport operator SBS Transit posted a 27.4% drop in first-half net earnings to $32.6m as fewer people commuted during the pandemic. The ComfortDelGro subsidiary said that if not for government relief, it would have incurred an operating loss of $29.4m.

ComfortDelgro ~ Trading in a downward sloping channel, interim TP S$1.28, next TP S$1.06

ComfortDelgro closed with a doji unchanged @ S$1.41 with 18.2m shares done on 13 Aug 2020.

Immediate support @ S$1.35, immediate resistance @ S$1.43.



ComfortDelgro closed @ S$1.41 on 13 Aug 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2126 on: August 14, 2020, 08:45:55 AM »
Axiata and ComfortDelgro ~ Similar chart pattern

Axiata ~ Trading in a downward sloping channel, interim TP RM2.97, next TP RM2.45

Axiata closed with a spinning top unchanged @ RM3.15 with 1.64m shares done on 13 Aug 2020.

Immediate support @ RM3.09, immediate resistance @ RM3.25.



ComfortDelgro ~ Trading in a downward sloping channel, interim TP S$1.28, next TP S$1.06

ComfortDelgro closed with a doji unchanged @ S$1.41 with 18.2m shares done on 13 Aug 2020.

Immediate support @ S$1.35, immediate resistance @ S$1.43.



Inverted Saucer chart pattern


Offline zuolun

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Re: Casino Stocks
« Reply #2127 on: August 14, 2020, 09:14:24 AM »
KepCorp, Axiata and ComfortDelgro ~ Similar chart pattern

KepCorp closed @ S$4.82 on 13 Aug 2020.



Axiata closed @ RM3.15 on 13 Aug 2020.



ComfortDelgro closed @ S$1.41 on 13 Aug 2020.



How to Shortsell, Trade Example
https://www.youtube.com/watch?v=FFwkfsyc5tU


Offline zuolun

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Re: Casino Stocks
« Reply #2128 on: August 15, 2020, 10:14:12 AM »
行家论股:实达集团 8月强获15亿订单 ~ 14 Aug 2020
https://www.youtube.com/watch?v=-12H2bWaR_o

SP Setia loses RM142m in 2Q ~ 14 Aug 2020
https://themalaysianreserve.com/2020/08/14/sp-setia-loses-rm142m-in-2q/
Net loss RM141.55 million for Q2 ended June 30, 2020 from a net profit RM114.07 million a year earlier.

SP Setia ~ Trading in a downward sloping channel, interim TP RM0.55

SP Setia closed with a hammer @ RM0.785 (-0.005, -0.6%) with 2.63m shares done on 14 Aug 2020.

Immediate support @ RM0.745, immediate resistance @ RM0.82.



SP Setia ~ Trading in a downward sloping channel, interim TP RM0.88

SP Setia closed with a black marubozu @ RM1.28 (-0.09, -6.6%) with high volume done at 22.7m shares on 22 Nov 2019.

Immediate support @ RM1.25, immediate resistance @ RM1.39.


Offline zuolun

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Re: Casino Stocks
« Reply #2129 on: August 15, 2020, 10:16:05 AM »
SP Setia and ComfortDelgro ~ Similar chart pattern

SP Setia ~ Trading in a downward sloping channel, interim TP RM0.55

SP Setia closed with a hammer @ RM0.785 (-0.005, -0.6%) with 2.63m shares done on 14 Aug 2020.

Immediate support @ RM0.745, immediate resistance @ RM0.82.



ComfortDelgro ~ Trading in a downward sloping channel, interim TP S$1.28, next TP S$1.06

ComfortDelgro closed with a doji unchanged @ S$1.41 with 18.2m shares done on 13 Aug 2020.

Immediate support @ S$1.35, immediate resistance @ S$1.43.



Inverted Saucer chart pattern


Offline zuolun

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Re: Casino Stocks
« Reply #2130 on: August 16, 2020, 10:59:27 AM »
Malaysia-Singapore cross-border quota maxed out ~ 14 Aug 2020
https://sg.news.yahoo.com/malaysia-singapore-cross-border-quota-035807128.html
Applications for cross-border travel between Malaysia and Singapore have maxed out for the first 3 days from Aug. 17 to 19.
Within these 3 days, 6,000 Malaysians and Singaporeans are expected to travel between both countries under the RGL and PCA measures.

新加坡机场防疫·90%乘客全副武装 ~ 13 Aug 2020
https://www.sinchew.com.my/content/content_2324092.html



新冠肺炎:新加坡机场9成旅客全副武装候机,网民:跟拍生化电影一样 ~ 13 Aug 2020
https://wxn.qq.com/cmsid/20200813A0POZB00



AirAsia to resume Malaysia-Singapore flights following 'green lane' decision ~ 4 Aug 2020
https://www.channelnewsasia.com/news/asia/airasia-resume-malaysia-singapore-flights-rgl-12988100



返回上海开工 吴振天IG记录离境隔离过程 ~ 7 Jul 2020
http://johor.chinapress.com.my/20200707/%E8%BF%94%E5%9B%9E%E4%B8%8A%E6%B5%B7%E5%BC%80%E5%B7%A5-%E5%90%B4%E6%8C%AF%E5%A4%A9ig%E8%AE%B0%E5%BD%95%E7%A6%BB%E5%A2%83%E9%9A%94%E7%A6%BB%E8%BF%87%E7%A8%8B/



Offline zuolun

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Re: Casino Stocks
« Reply #2131 on: August 20, 2020, 10:04:33 AM »
UOBKH maintained BUY on KepCorp, TP S$7.10 ~ 3 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/ae76320a11f11a6b579c3a0ebbdc0b25e776b57b.pdf

OCBC maintained BUY on KepCorp, TP S$6.40 ~ 3 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/5d6000fd5e88311d4b1ffa06c22820060e7fe2fc.pdf

CGS-CIMB maintained "add" on KepCorp, TP S$6.46 ~ 10 Aug 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/6c4ad4f1b136dea1ae85b1cac6879abdde495b14.pdf

螳螂捕蝉 麻雀在后
https://www.youtube.com/watch?v=pcR2TkGqL80

Temasek pared down 696,800 KepCorp shares (approx. @ S$4.862 per share) on 17 Aug 2020 ~ 19 Aug 2020
https://links.sgx.com/FileOpen/_KCL%2020200819%20FORM%203_final.ashx?App=Announcement&FileID=628509
(Decreased from 382,923,914 shares to 382,227,114 shares or 21.03% to 20.99%)

Temasek has walked away from its Keppel offer: What happens now? ~ 12 Aug 2020
https://sg.finance.yahoo.com/news/temasek-walked-away-keppel-offer-233031740.html

KepCorp closed @ S$4.75 on 19 Aug 2020.



Temasek is right to abandon Keppel for deal with Sembcorp

Keppel and Sembcorp shares might offer value, but Sembmarine shares could sink further on distribution in-specie

By Ben Paul
Mon, Aug 17, 2020 - 5:50 am
 
There was a hint of sour grapes in Keppel Corp' s response to news this past week that Temasek Holdings had decided to back out of its partial offer for the company by invoking a "material adverse change" (MAC) pre-condition.
 
"The partial offer was unsolicited," Keppel said in a statement on Aug 10. "Keppel did not negotiate the terms of the partial offer including the MAC pre-condition."
 
Keppel went on to remind everyone that it has a long-term strategy in place - dubbed Vision 2030 - as well as a strong balance sheet and the support of a network of banks to finance its operations and long-term growth initiatives.
 
Yet, it was Keppel's surprisingly poor H1 2020 financial results that allowed Temasek to escape the unfortunately timed deal.
 
It was also hard for market watchers to not connect the timing of Temasek's decision to withdraw its partial offer for Keppel with its involvement in Sembcorp Marine' s (SCM) recapitalisation and demerger from Sembcorp Industries (SCI).
 
On the face of it, Temasek seems to have decided that it makes more sense to support SCI and SCM than Keppel at this particular moment.
 
The process of price discovery for Keppel, SCI and SCM probably isn't over yet. In particular, the recapitalised SCM could trade even lower when the distribution in-specie of SCI' s stake in the company floods the market.
 
On the other hand, Keppel's share price could be buffeted by investors digesting the implications of Temasek's withdrawal and bargain hunters looking for suitable entry levels to a solid, blue-chip company whose exposure to the troubled offshore and marine (O&M) sector is now much smaller than many people think.
 
Partial offer withdrawn
 
Temasek unveiled its partial offer for Keppel in October last year. It proposed to acquire some 554.9 million shares in Keppel at S$7.35 each, to raise its direct stake in the company from 20.45 per cent to 51 per cent.
 
This would have cost Temasek more than S$4 billion.
 
Reflecting the optimism of the pre-coronavirus times, the offer price was nearly 26 per cent above Keppel' s market price just before the offer, and more than 21 per cent above the company' s net asset value as at Sept 30, 2019 of S$6.06 per share.
 
By late February, even with the partial offer on the table, shares in Keppel began falling in tandem with the rest of the market as the Covid-19 crisis worsened. The stock eventually hit a closing low of S$4.93 in March. It subsequently rebounded, and was trading above S$6 again within a month.
 
Then, on July 24, Keppel warned that there would be material impairments to the carrying value of various assets related to its O&M business, which sent its shares into a tailspin.
 
The impairments turned out to be much worse than analysts expected. For H1 2020, Keppel reported a net loss of S$537 million, compared to a net profit of S$356 million for H1 2019, after S$930 million of impairments, mainly related to its O&M division.
 
With these impairments, Keppel's cumulative earnings for the 12 months to June 30 amounted to negative S$164.7 million. Under the terms of the partial offer, Keppel's earnings could not fall by more than 20 per cent, or below S$556.9 million, for the 12 months to Sept 30.
 
This provided Temasek with the opportunity to back out of its partial offer. Temasek initially pledged to disclose no later than Aug 31 whether it would abandon the partial offer. But it broke the bad news to the market much sooner - on Aug 10.
 
Since then, Keppel has tumbled 10.7 per cent. The stock closed on Friday at S$4.82.
 
Better deal
 
One day later, on Aug 11, SCM and SCI obtained approval from investors for a corporate exercise in which Temasek will play a key role.
 
SCM will raise some S$2.1 billion through a 5-for-1 rights issue of new shares priced at S$0.20 each. The bulk of the proceeds will be used to repay a S$1.5 billion subordinated loan extended by SCI last year. SCI and SCM will then de-merge, through a distribution in-specie of SCI' s stake in the recapitalised SCM.
 
SCI, which currently owns 61 per cent of SCM, has agreed to subscribe for up to S$1.5 billion - or more than 70 per cent - of the rights shares. Temasek has effectively underwritten the remaining S$600 million.
 
For Temasek, this is clearly a much more attractive deal than the partial offer for Keppel.
 
If minority shareholders of SCM fully subscribe for their rights shares, SCI would spend just over S$1.27 billion for its entitlement to the rights shares while getting its S$1.5 billion subordinated loan repaid. Without SCM weighing it down, SCI will be in a position to deliver stronger returns.
 
Temasek would end up directly owning almost 30 per cent of SCM without having to come up with any cash. Temasek would also benefit from a re-rating of SCI, in which it holds a 49.3 per cent stake.
 
In fact, the re-rating of SCI is already underway. The stock has climbed 24.8 per cent since the recapitalisation and demerger of SCM was announced on June 8. SCI closed on Friday at S$1.91.
 
Keppel, SCI attractive
 
So, what' s next for these stocks? What should investors do now?
 
First of all, it is important not to lose sight of the fact that both Keppel and SCM face a tough operating environment in the O&M sector.
 
Keppel said in a press statement accompanying its H1 2020 results that " further rightsizing will be required at Keppel O&M to ensure that its fixed overhead costs can be brought down in line with the realities for the industry" .
 
On top of that, SCM faces the prospect of a huge amount of stock hitting the market after the distribution in-specie of SCI' s stake in the company. This potential downside in SCM is clouding the immediate outlook for SCI too.
 
SCM, which is trading ex-rights, closed on Friday at S$0.225.
 
Travis Lundy of Quiddity Advisors, who publishes on Smart-karma, figures that if SCM holds just above S$0.20, the level at which SCI is currently trading values its non-SCM businesses at less than six times earnings before interest, taxes, depreciation, and amortization (Ebitda). Companies with similar assets would ordinarily garner Ebitda multiples of more than six times, Mr Lundy said, in an Aug 13 report.
 
Sizing up the outlook for Keppel is more straightforward. At its Friday close, the stock is actually slightly below its lowest close in March.
 
Arun George of Global Equity Research, who publishes on Smartkarma, figures Keppel is worth S$6.01 per share. This is based on a sum-of-the-parts (SOTP) model, where the group' s O&M business is valued at 0.6 times book value, its property division at 50 per cent of revised net asset value, its infrastructure segment at 10 times earnings, and its investments unit at 15 times earnings.
 
"The O&M division is the weak link," Mr George said, in an Aug 11 report. "However, the O&M division only accounts for 9 per cent of our SOTP valuation. The property business is relatively resilient, the infrastructure business is a steady contributor and the investments business can realise gains from asset disposals."
 
Ironically, with Temasek' s attention focused on SCI and SCM, Keppel is now looking attractive to long-term investors.

Offline zuolun

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Re: Casino Stocks
« Reply #2132 on: August 20, 2020, 12:31:27 PM »
兔死狐悲
https://www.youtube.com/watch?v=Cc7Nh5NAAYs

What you must do with your Sembcorp Marine rights ~ 19 Aug 2020
https://www.drwealth.com/sembcorp-marine-rights/

Sembcorp Marine ex-rights on tomorrow. Is there an arbitrage opportunity? ~ 12 Aug 2020
https://newacademyoffinance.com/sembcorp-marine-ex-rights/

Proposed renounceable underwritten rights issue – Notice of conditional record date for the rights issue ~ 5 Aug 2020
https://www.sembmarine.com/stock-exchange-announcements/notice-of-conditional-record-date-for-the-rights-issue

SembCorp Ind closed @ S$1.85 on 19 Aug 2020.



SembCorp Marine closed @ S$0.21 on 19 Aug 2020.



SembCorp Marine ~ Trading in a downward sloping channel, TP S$0.21

SembCorp Marine closed with a bullish harami @ S$0.435 (+0.01, +2.4%) with 3.57m shares done on 21 Jul 2020.

Immediate support @ S$0.42, immediate, resistance @ S$0.46.


Offline Jawplace

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Re: Casino Stocks
« Reply #2133 on: August 20, 2020, 11:17:57 PM »
The next industry that everyone should watch.
https://jawplace.com/quarterly-report-review-2-innoprise-plantations-berhad-plantation-industry-the-forgotten-child/

Offline zuolun

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Re: Casino Stocks
« Reply #2134 on: August 23, 2020, 10:41:36 AM »
"Insanity is doing the same thing over and over again and expecting different results." ~ Albert Einstein

NSL ~ Trading in a downward sloping channel, interim TP S$0.61, next TP S$0.43

NSL closed with a four-price doji @ S$0.70 (+0.005, +0.7%) with thin volume done at 20,000 shares on 21 Aug 2020.

Immediate support @ S$0.645, immediate resistance @ S$0.715.



NSL (weekly) ~ Bearish Descending Triangle Breakout, TP S$0.43 ~ 21 Aug 2020



Bearish Descending Triangle Chart Pattern



NSL closed @ S$0.70 on 21 Aug 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2135 on: August 24, 2020, 10:14:58 AM »
Hong Kong mortgage relief won’t revive weak property market ~ 20 Aug 2020
https://www.theedgemarkets.com/article/hong-kong-mortgage-relief-wont-revive-weak-property-market
  • Hong Kong’s central bank late Wednesday raised the loan-to-value ratio cap for commercial properties to 50% from 40%, allowing buyers to borrow more money to purchase office and retail space. The move goes into effect from Thursday 20 Aug 2020.
  • The last time the monetary authority lifted the loan limit was in 2009 after the global financial crisis. It was later lowered to 40% in 2013 when the property market was deemed overheated.
HK Land ~ Trading in a downward sloping channel, interim TP US$2.60

HK Land closed with a white marubozu @ US$3.86 (+0.11, +2.9%) with 2.94m shares done on 21 Aug 2020.

Immediate support @ US$3.60, immediate resistance @ US$3.92.



HK Land (weekly) ~ Bearish Head-and-Shoulders Breakout, interim TP US$2.60 ~ 21 Aug 2020



Bearish Head-and-Shoulders Chart Pattern



HK Land closed @ US$3.86 on 21 Aug 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2136 on: August 24, 2020, 02:56:56 PM »
人生若只如初見
https://www.youtube.com/watch?v=UgKbhUAhp7I

十年人事几番新,人生能有多少个十年?

F&N ~ Trading in a downward sloping channel, interim TP S$0.72

F&N closed with a drangonfly doji unchanged @ S$1.30 with thin volume done at 40,000 shares on 21 Aug 2020.

Immediate support @ S$1.23, immediate resistance @ S$1.33.



Bearish Rounding Top Chart Pattern



F&N (weekly) ~ Bearish Descending Triangle Breakout, interim TP S$0.72 ~ 21 Aug 2020



Bearish Descending Triangle Chart Pattern


Offline zuolun

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Re: Casino Stocks
« Reply #2137 on: August 24, 2020, 04:58:30 PM »
赌王输给“病毒”?!邮轮巨头“爆雷”倒下 ~ 22 Aug 2020
http://www.eworldship.com/html/2020/ShipOwner_0822/162800.html
押对市场却输给病毒,马来西亚赌王旗下家族生意断臂。

Domino effect


GENTING (3182) ~ Trading in a downward sloping channel, interim TP RM2.86

GENTING gapped down and closed with a spinning top @ RM3.57 (-0.23, -6.1%) with high volume done at 55.4m shares on 21 Aug 2020.

Immediate support @ RM3.52, immediate resistance @ RM3.78.



GENM (4715) ~ Trading in a downward sloping channel, interim TP RM1.795

GENM gapped down and closed with a spinning top @ RM2.22 (-0.08, -3.5%) with high volume done at 59.4m shares on 21 Aug 2020.

Immediate support @ RM2.09, immediate resistance @ RM2.30.



Genting SP ~ Trading in a downward sloping channel, interim S$0.495

Genting SP closed with a long-legged doji @ S$0.695 (+0.005, +0.7%) with 34.6m shares done on 21 Aug 2020.

Immediate support @ S$0.665, immediate Resistance @ S$0.71.



Malaysian tycoon behind tumbling cruise firm Genting Hong Kong puts fortune on the line ~ 20 Aug 2020
https://www.theedgemarkets.com/article/malaysian-tycoon-behind-tumbling-cruise-firm-puts-fortune-line
Malaysian tycoon Tan Sri Lim Kok Thay has pledged nearly his entire stake in embattled cruise operator Genting Hong Kong Ltd. as collateral for loans, raising the risk of a margin call after the stock plunged 38% on Thursday 20 Aug 2020.



Genting Hong Kong: Insider information announcement recent developments and resumption of trading ~ 19 Aug 2020
https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0819/2020081900929.pdf

Genting HK closed @ HK$0.32 on 21 Aug 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2138 on: August 29, 2020, 10:54:21 AM »
Maybank dividend absence surprises, disappoints analysts ~ 28 Aug 2020
https://www.theedgemarkets.com/article/maybank-dividend-absence-surprises-disappoints-analysts
Maybank did not declare dividends for Q2 ended June 30, 2020 (2QFY20)  as per the norm in previous years.
Maybank is committed to keeping its dividend policy, with a payout ratio between 40% and 60% of its net profit.

Maybank 2Q net profit slips below RM1b as impaired loans allowance spikes ~ 27 Aug 2020
https://www.theedgemarkets.com/article/maybank-2q-net-profit-down-rm942m-rm194b-year-earlier
Net profit for Q2 ended June 30, 2020 (2QFY20) fell 51.55% to RM941.73 million from RM1.94 billion a year earlier.
Group revenue declined to RM11.79 billion in 2QFY20 from RM13.05 billion.

Maybank, RHB likely Genting HK’s largest lenders in Malaysia ~ 20 Aug 2020
https://www.theedgemarkets.com/article/maybank-has-lent-us350m-and-rhb-bank-us100m-genting-hk-which-has-temporarily-suspended
  • Maybank has US$350 million loan exposure to the Hong Kong-based cruise operator, which on Wednesday (Aug 19) announced that it has to suspend payments to all creditors to preserve as much cash as possible to sustain its operation.
  • The total loan exposure of US$350 million, or RM1.45 billion, consists of US$250 million unsecured loans. Analysts estimate the exposure to be about 26 to 29 basis points (bps) of Maybank’s gross loans.
Bank Negara cuts overnight policy rate to record low by 25bps to 1.75% ~ 7 Jul 2020
https://www.thestar.com.my/business/business-news/2020/07/07/bank-negara-cuts-overnight-policy-rate-by-25bps-to-175
The IMF, on the other hand, also downgraded its 2020 GDP growth forecast for Malaysia to negative 3.8%.

MAYBANK ~ Trading in a downward sloping channel, interim TP RM6.65, next TP RM5.78

MAYBANK closed with a black marubozu @ RM7.33 (-0.13, -1.7%) with 15.7m shares done on 28 Aug 2020.

Immediate support @ RM7.20, immediate resistance @ RM7.55.



MAYBANK (weekly) ~ Bearish Descending Triangle Breakout, Measured Target RM5.78 ~ 28 Aug 2020



MAYBANK ~ Bearish Diamond Top Breakout, Measured Target RM7.40

MAYBANK closed with a black marubozu @ RM8.65 (-0.04, -0.5%) with 6.82m shares done on 2 Aug 2019.

Immediate support @ RM8.45, immediate resistance @ RM8.75.


Offline zuolun

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Re: Casino Stocks
« Reply #2139 on: August 31, 2020, 02:24:25 PM »
不派中期股息·大众银行次季少赚25% ~ 28 Aug 2020
https://www.sinchew.com.my/content/content_2333376.html

Public Bank's Q2 net profit drops 24.8% to RM1bil, revenue at RM4.74bil ~ 28 Aug 2020
https://www.nst.com.my/business/2020/08/620295/public-banks-q2-net-profit-drops-248pct-rm1bil-revenue-rm474bil
Public Bank's 1H net profit shrank 15% to RM2.33b from RM2.74b, while revenue dropped 8.24% to RM10.25b from RM11.17b.

PBBank (1295) ~ Trading in a downward sloping channel, interim TP RM12.58, next TP RM9.70

PBBank closed with an inverted hammer @ RM16.42 (-0.20, -1.2%) with 6.09m shares done on 28 Aug 2020.

Immediate support @ RM16.02, immediate resistance @ S$17.08.



PBBank (weekly) ~ Bearish Head-and-Shoulders Breakout, Measured Target RM12.58, next TP RM9.70 ~ 28 Aug 2020



PBBank (1295) ~ Bearish Head-and-Shoulders, interim TP RM20.62

PBBank closed with a spinning top @ RM21.78 (-0.04, -0.2%) with 3.46m shares done on 2 Aug 2019.

Immediate support @ RM21.50, immediate resistance @ S$22.06.


Offline zuolun

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Re: Casino Stocks
« Reply #2140 on: August 31, 2020, 04:12:21 PM »
理论上可以用161.8%斐波纳契回撤线 = RM5.75 作为英美烟草最悲观的預測价。

BAT 2Q net profit down 28% on lower sales, announces 18 sen interim dividend ~ 23 Jul 2020
https://www.theedgemarkets.com/article/bat-2q-net-profit-down-28-lower-sales-announces-18-sen-interim-dividend

BAT ~ Trading in a downward sloping channel, interim TP S$8.96, next TP RM7.00

BAT closed with a doji @ RM10.20 (+0.04, +0.4%) with 460,000 shares done on 28 Aug 2020.

Immediate support @ RM10.07, immediate resistance @ RM10.55.



BAT ~ Bearish Rounding Top Breakout, interim TP RM17.11

BAT closed with an inverted hammer @ RM17.68 (-0.48, -2.6%) with 740,000 shares done on 5 Nov 2019.

Immediate support @ RM17.11, immediate resistance @ RM18.55.


Offline zuolun

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Re: Casino Stocks
« Reply #2141 on: September 03, 2020, 02:05:41 PM »
CGS-CIMB reiterated “add” on First REIT, TP lowered to S$0.957 from S$1.15 ~ 3 Sep 2020
https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-keeps-faith-first-reit-despite-rent-reliefs-taking-toll-earnings

CGS-CIMB maintained “add” on First REIT, TP S$1.15 ~ 30 Jan 2020
https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/4e136593ccaa93a6edcd6bd0321de9c9502d5faf.pdf

理论上可以用161.8%斐波纳契回撤线作为 First Reit 最悲观的預測价。



First Reit ~ Bearish Rounding Top Breakout, interim TP S$0.42, next TP S$0.22

First Reit closed with a black marubozu @ S$0.46 (-0.03, -6.1%) with 4.39m shares done on 2 Sep 2020.

Immediate support @ S$0.42, immediate resistance @ S$0.48.



First Reit ~ Bearish Rounding Top Breakout, downside biased

First Reit closed with a black marubozu @ S$1.04 (-0.08, -7.1%) with 4.66m shares done on 19 Nov 2018.

Immediate support @ S$1.02, immediate resistance @ S$1.13.



Accumulation, distribution and consolidation
http://www.guppytraders.com/gup347.shtml



Offline zuolun

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Re: Casino Stocks
« Reply #2142 on: September 07, 2020, 04:58:29 PM »
大跌后容易出现崩盘式的暴跌。而下跌的准确性是根据斐波纳契回撤理论。

First Reit ~ Bearish Rounding Top Breakout, downside biased

First Reit closed with a black marubozu @ S$1.04 (-0.08, -7.1%) with 4.66m shares done on 19 Nov 2018.

Immediate support @ S$1.02, immediate resistance @ S$1.13.


K1 Ventures ~ Fall off the cliff

K1 Ventures had a black marubozu and traded @ S$0.565 (-0.04, -6.6%) with 560,000 shares done on 25 May 2017 at 0950 hrs.


Offline zuolun

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Re: Casino Stocks
« Reply #2143 on: September 07, 2020, 05:20:22 PM »
似曾相識
https://www.youtube.com/watch?v=HCjAUJDVs4s



SATS ~ Trading in a downward sloping channel, interim TP S$2.52 next TP S$1.50

SATS closed with a spinning top @ S$2.91 (+0.05, +1.7%) with 4.21m shares done on 17 Jul 2020.

Immediate support @ S$2.85, immediate resistance @ S$3.08.


Starhub ~ Fall off the cliff

Starhub closed with a black marubozu @ S$2.72 with 3.42m shares done on 9 May 2017.

Immediate support @ S$2.68, immediate resistance @ S$2.76.


Offline zuolun

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Re: Casino Stocks
« Reply #2144 on: September 08, 2020, 12:47:59 PM »
Temasek pared down 696,800 KepCorp shares (approx. @ S$4.862 per share) on 17 Aug 2020 ~ 19 Aug 2020
https://links.sgx.com/FileOpen/_KCL%2020200819%20FORM%203_final.ashx?App=Announcement&FileID=628509
(Decreased from 382,923,914 shares to 382,227,114 shares or 21.03% to 20.99%)

Share buy-back: Keppel Corp bought 595,000 shares between S$4.31 to S$4.43 per share on the open market ~ 7 Sep 2020
https://links.sgx.com/1.0.0/corporate-announcements/LRVLDUZ42Y6BZ34Q/d285387c2b65dcde92861792f97c1111ffdc5d3eb8219d08476c7c1f433eed7a

KepCorp ~ Bearish Rounding Top Breakout, interim TP S$4.00

KepCorp closed with an inverted hammer @ S$4.34 (-0.02, -0.5%) with 6.38m shares done on 7 Sep 2020.

Immediate support @ S$4.22, immediate resistance @ S$4.46.



Bearish Rounding Top Chart Pattern



KepCorp closed @ S$4.34 on 7 Sep 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2145 on: September 08, 2020, 01:19:19 PM »
SSH City Strategic Equity increased 1,749,003 IREIT Global units from 20.753% to 21.026% ~ 26 Aug 2020
http://ireitglobal.listedcompany.com/newsroom/20200826_180733_UD1U_LZSOHQMMDX0KZPYN.1.pdf

PhillipCapital downgraded IREIT Global to 'neutral' on rights issue to fund acquisition, TP lowered to S$0.68 ~ 17 Aug 2020
https://www.theedgesingapore.com/capital/brokers-calls/phillipcapital-downgrades-ireit-global-neutral-rights-issue-fund-acquisition

IREIT Global ~ Bearish Rounding Top Formation, downside biased

IREIT Global closed with a white marubozu @ S$0.695 (+0.005, +0.7%) with 350,000 shares done on 7 Sep 2020.

Immediate support @ S$0.68, strong resistance @ S$0.73.



Bearish Rounding Top Chart Pattern


Offline zuolun

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Re: Casino Stocks
« Reply #2146 on: September 08, 2020, 01:35:05 PM »
与你同在
https://www.youtube.com/watch?v=s8b9O_t1YEc

KepCorp Vs IREIT Global ~ Bearish Rounding Top Chart Pattern

KepCorp ~ Bearish Rounding Top Breakout, interim TP S$4.00

KepCorp closed with an inverted hammer @ S$4.34 (-0.02, -0.5%) with 6.38m shares done on 7 Sep 2020.

Immediate support @ S$4.22, immediate resistance @ S$4.46.



IREIT Global ~ Bearish Rounding Top Formation, downside biased

IREIT Global closed with a white marubozu @ S$0.695 (+0.005, +0.7%) with 350,000 shares done on 7 Sep 2020.

Immediate support @ S$0.68, strong resistance @ S$0.73.


Offline zuolun

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Re: Casino Stocks
« Reply #2147 on: September 09, 2020, 08:18:37 AM »
REIT Global (7 Sep 2020) Vs Singtel (25 Jan 2018) ~ Confluence of 4 moving averages = 箭在弦上,一触即发。



IREIT Global ~ Confluence of 4 moving averages

IREIT Global closed with a white marubozu @ S$0.695 (+0.005, +0.7%) with 350,000 shares done on 7 Sep 2020.

Immediate support @ S$0.68, strong resistance @ S$0.73.



Singtel ~ Confluence of 4 moving averages

Singtel had a dark cloud cover and traded @ S$3.61 (-0.03. -0.8%) with 14.5m shares done on 25 Jan 2018 at 1425 hrs.

Immediate support @ S$3.60, immediate resistance @ S$3.65.



Singtel closed @ S$2.24 on 8 Sep 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2148 on: September 10, 2020, 03:27:10 PM »
David and Goliath
In modern usage, the phrase "David and Goliath" has taken on a secular meaning, denoting an underdog situation, a contest where a smaller, weaker opponent faces a much bigger, stronger adversary; if successful, the underdog may win in an unusual or surprising way. It is arguably the most famous underdog story.



The six degrees of separation in the Liew Mun Leong and Parti Liyani case ~ 9 Sep 2020
https://www.onlinecitizenasia.com/2020/09/09/the-six-degrees-of-separation-in-the-liew-mun-leong-and-parti-liyani-case/

Temasek defends Changi Airport boss after maid acquitted, netizens rage over abuse ~ 9 Sep 2020
https://www.mingtiandi.com/real-estate/agencies-people/changi-airport-chairmans-former-maid-acquitted-of-theft/
When Parti reacted to her termination by threatening to notify the labour authorities, Liew and his son Karl Liew, “followed up with the police report to ensure her return would be prevented”, the judge said, referring to the family’s apparent attempt to block Parti from returning to Singapore from Indonesia. He went on to add that, “In my view, the Liew family might not have made a police report had Parti not made her express threat on Oct 28, 2016 to report the matter to MOM.”



Authorities will deal with what had gone wrong: Shanmugam on acquitted maid case ~ 8 Sep 2020
https://www.youtube.com/watch?v=z2DF-ufCNZs
Ex-maid acquitted of stealing from CAG chairman: Something has gone wrong and has to be set right, says Shanmugam on handling of case

Ho Ching lambasted by netizens for praising former CapitaLand’s chief executive Liew Mun Leong of “building people”, after the case of Parti Liyani ~ 7 Sep 2020
https://www.onlinecitizenasia.com/2020/09/07/ho-ching-lambasted-by-netizens-for-praising-former-capitalands-chief-executive-liew-mun-leong-of-building-people-after-the-case-of-parti-liyani/

More than S$28,500 raised for maid acquitted of stealing from CAG chairman ~ 7 Sep 2020
https://www.youtube.com/watch?v=Q1xmsT__ktU

Indonesian maid says she forgives Singapore’s Changi Airport Group boss Liew Mun Leong for accusing her of stealing ~ 5 Sep 2020
https://www.scmp.com/news/asia/southeast-asia/article/3100379/indonesian-maid-says-she-forgives-singapores-changi
  • Indonesian Parti Liyani, 46, fought for four years to clear her name after being accused by Liew Mun Leong of stealing from his family.
  • She said she forgives Leong, but asked his family never do ‘the same thing to other workers’ and said she wanted him to ‘apologise to the public’

Offline zuolun

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Re: Casino Stocks
« Reply #2149 on: September 17, 2020, 11:29:05 AM »
'Equality is an aspiration, it is not reality, it is not practical' ~ Mr Lee Kuan Yew

MM wants "House back to earth" - part 1
https://www.youtube.com/watch?v=6f2Kgj1nhSQ

MM wants "House back to earth" - part 2
https://www.youtube.com/watch?v=VOis6p-jAGA

Maid’s acquittal reignites debate on ‘pliant’ S’pore judiciary ~ 15 Sep 2020
https://asiatimes.com/2020/09/maids-acquittal-reignites-debate-on-pliant-spore-judiciary/
Critics say Singapore's courts favor the rich and powerful.

Singapore: Changi Airport chairman Liew Mun Leong resigns after acquittal of former domestic worker ~ 10 Sep 2020
https://www.scmp.com/week-asia/politics/article/3101068/singapore-changi-airport-chairman-liew-mun-leong-resigns-after
In a statement, Liew said he had resigned as chairman of state-owned Changi as well as government-linked infrastructure consultancy firm Surbana Jurong. He also vacated his position as a senior adviser to state investor Temasek and as a board member of its charity arm.



“我爸是李刚”主角出狱,事件大反转真相竟是…… ~ 17 Dec 2019
https://www.sxjlyw.com/redian/301.html
李启铭在狱中也是煎熬了6年,经过改造的他刑满释放出狱。据说他的父亲被查出有数套豪宅,办过许多假案。李刚在儿子出狱前辞去职位,突然消失不知道了去向,而李启铭再也没有爸爸撑腰了

China's 'My father is Li Gang' case ~ 26 Jan 2011
https://www.youtube.com/watch?v=DzC2zez6dr0
The Li Gang incident occurred on the evening of October 16, 2010, inside Hebei University in Baoding in Hebei province of China, when a black Volkswagen Magotan traveling down a narrow lane hit two university students.

"我爸是李刚"全纪录 ~ 31 Oct 2010
https://www.youtube.com/watch?v=b4CvuD187fI