Author Topic: Casino Stocks  (Read 83496 times)

Offline zuolun

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Re: Casino Stocks
« Reply #50 on: July 25, 2016, 11:01:16 AM »
China Aviation Oil ~  鹹魚翻生 / Salted fish comes alive

China Aviation Oil had an inverted hammer and traded @ S$1.465 (-0.01, -0.7%) with 1.12m shares done on 25 July 2016 at 1050 hrs.

Immediate support @ S$1.46, immediate resistance @ S$1.515.



China Aviation ~ Bullish symmetrical triangle breakout

China Aviation traded @ S$0.745 with 200,000 shares done on 10 Mar 2016 at 1535 hrs.



China Aviation Oil ~ Symmetrical triangle formation

China Aviation gapped up and closed with a white marubozu @ S$0.68 (+0.065, +10.6%) with 1.23m shares done on 26 Feb 2016.


Offline DR KIM

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Re: Casino Stocks
« Reply #51 on: July 25, 2016, 11:20:47 AM »
LUSTER  -  is  a CASINO  STOCK 
having CAMBODIAN  GAMING -  now  a profitable  luster darling  :) 8)
 :cash: :thumbsup: :thumbsup: :thumbsup:

Offline Oly Shyte

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Re: Casino Stocks
« Reply #52 on: July 25, 2016, 01:18:38 PM »
China Aviation Oil ~  鹹魚翻生 / Salted fish comes alive

China Aviation Oil had an inverted hammer and traded @ S$1.465 (-0.01, -0.7%) with 1.12m shares done on 25 July 2016 at 1050 hrs.

Immediate support @ S$1.46, immediate resistance @ S$1.515.



China Aviation ~ Bullish symmetrical triangle breakout

China Aviation traded @ S$0.745 with 200,000 shares done on 10 Mar 2016 at 1535 hrs.



China Aviation Oil ~ Symmetrical triangle formation

China Aviation gapped up and closed with a white marubozu @ S$0.68 (+0.065, +10.6%) with 1.23m shares done on 26 Feb 2016.


Hi bro Zuolun, can you do a analysis on Luster Bhd? I have a good friend here who wants to see the other side of world for this stock. Tq!  :D
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #53 on: July 25, 2016, 05:29:06 PM »
Hi bro Zuolun, can you do a analysis on Luster Bhd? I have a good friend here who wants to see the other side of world for this stock. Tq!  :D

Luster is a typical 'goreng' stock, the major stock operator is still around, watch the support @ RM0.06.

LUSTER (5068) ~ Trading in a downward sloping channel



LUSTER (weekly) ~ Fall off the cliff


Offline Oly Shyte

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Re: Casino Stocks
« Reply #54 on: July 25, 2016, 05:31:32 PM »
Luster is a typical 'goreng' stock, the major stock operator is still around, watch the support @ RM0.06.

LUSTER (5068) ~ Trading in a downward sloping channel



LUSTER (weekly) ~ Fall off the cliff


Tq my friend!  :heart:

Dengar tu DR KIM!  :giggle:
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline Oly Shyte

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Re: Casino Stocks
« Reply #55 on: July 25, 2016, 05:32:30 PM »
Hi,

It seems like SP SETIA on the rise again, any positive upward momentum and if there was, your personal TP?  :)
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline DR KIM

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Re: Casino Stocks
« Reply #56 on: July 25, 2016, 05:36:11 PM »
Tq my friend!  :heart:

Dengar tu DR KIM!  :giggle:

>>LUSTER  >> FURTHER  GREEEEEEEEEEEEEEDY  :thumbsup: :handshake: :beer: :cocktail: :party: :dancing: :cocktail:

Offline zuolun

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Re: Casino Stocks
« Reply #57 on: July 27, 2016, 07:00:27 AM »
Hi,

It seems like SP SETIA on the rise again, any positive upward momentum and if there was, your personal TP?  :)

A picture speaks a thousand words.

Hanging man (吊死鬼) candlestick chart pattern



SP Setia (8864) ~ Classic Mushroom-Of-Death, critical support @ RM2.80

SP Setia closed with a hanging man @ RM3.00 (-0.02, -0.7%) with thin volume done at 190,000 shares on 26 Jul 2016.

Immediate support @ RM2.90, immediate resistance @ RM3.03.



SP Setia (weekly) ~ Trading in an upward sloping channel, critical support @ RM2.80



Cheng Kay run road liao...

SP Setia (8864) ~ Classic Mushroom-Of-Death, critical support @ RM2.80

SP Setia closed with a hammer unchanged @ RM2.90 with thin volume done at 64,500 shares on 1 Jul 2016.

Immediate support @ RM2.90, immediate resistance @ RM3.03.



SP Setia (weekly) ~ Trading in an upward sloping channel, critical support @ RM2.80



Offline Oly Shyte

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Re: Casino Stocks
« Reply #58 on: July 27, 2016, 11:43:53 AM »
A picture speaks a thousand words.

Hanging man (吊死鬼) candlestick chart pattern



SP Setia (8864) ~ Classic Mushroom-Of-Death, critical support @ RM2.80

SP Setia closed with a hanging man @ RM3.00 (-0.02, -0.7%) with thin volume done at 190,000 shares on 26 Jul 2016.

Immediate support @ RM2.90, immediate resistance @ RM3.03.



SP Setia (weekly) ~ Trading in an upward sloping channel, critical support @ RM2.80


Thank you sir!  :thumbsup: :handshake:

What is your opinion on new stock Danco? Potential uprising? I think it will break it's RM0.84's resistance.  ;)
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #59 on: July 27, 2016, 04:17:50 PM »
Thank you sir!  :thumbsup: :handshake:

What is your opinion on new stock Danco? Potential uprising? I think it will break it's RM0.84's resistance.  ;)

If you didn't get Danco shares at IPO price of RM0.75 per share, you have to base on FA to analyse the potential price movement; TA is not applicable to newly-listed stocks.



TA Handbook by Merrill Lynch
http://www.mediafire.com/download/965c1c4ncua1ag1/TA+Handbook+by+Merrill+Lynch.pdf

Fundamentals of technical analysis
http://www.articlesbase.com/finance-articles/fundamentals-of-technical-analysis-412968.html

What are candlestick patterns in technical analysis?
http://marketrealist.com/2014/12/candlestick-patterns/

How to trade candlesticks
https://www.youtube.com/watch?v=vZ14UPFnQzI

Recognising bullish and bearish candlestick patterns
http://www.psg.co.za/support/tutorials

The power of chart pattern recognition and many examples all in one chart
https://www.youtube.com/watch?v=2FnEGipMUNE

Identifying entry points within price patterns
https://www.youtube.com/watch?v=9Tr9l4KXV3M

胡立阳:股市转势风向标
https://www.youtube.com/watch?v=rkUmRbMgHA4

Offline Oly Shyte

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Re: Casino Stocks
« Reply #60 on: July 27, 2016, 07:39:32 PM »
If you didn't get Danco shares at IPO price of RM0.75 per share, you have to base on FA to analyse the potential price movement; TA is not applicable to newly-listed stocks.



TA Handbook by Merrill Lynch
http://www.mediafire.com/download/965c1c4ncua1ag1/TA+Handbook+by+Merrill+Lynch.pdf

Fundamentals of technical analysis
http://www.articlesbase.com/finance-articles/fundamentals-of-technical-analysis-412968.html

What are candlestick patterns in technical analysis?
http://marketrealist.com/2014/12/candlestick-patterns/

How to trade candlesticks
https://www.youtube.com/watch?v=vZ14UPFnQzI

Recognising bullish and bearish candlestick patterns
http://www.psg.co.za/support/tutorials

The power of chart pattern recognition and many examples all in one chart
https://www.youtube.com/watch?v=2FnEGipMUNE

Identifying entry points within price patterns
https://www.youtube.com/watch?v=9Tr9l4KXV3M

胡立阳:股市转势风向标
https://www.youtube.com/watch?v=rkUmRbMgHA4
Bingo! Today broke it's highest price at previously RM0.84. New high RM0.855. Closing at RM0.845.

Dancomech Holdings Bhd

1. 1st day (debut) - 38.2m shares
2. 2nd day - 6.0m shares
3. 3rd day - 11.1m shares
4. 4th day - 3.4m shares
5. 5th day - 24.1m shares

 8)
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline jamesbond47

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Re: Casino Stocks
« Reply #61 on: July 27, 2016, 07:47:17 PM »
Mmag  :cash:

Offline Oly Shyte

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Re: Casino Stocks
« Reply #62 on: July 28, 2016, 10:47:36 AM »
A picture speaks a thousand words.

Hanging man (吊死鬼) candlestick chart pattern



SP Setia (8864) ~ Classic Mushroom-Of-Death, critical support @ RM2.80

SP Setia closed with a hanging man @ RM3.00 (-0.02, -0.7%) with thin volume done at 190,000 shares on 26 Jul 2016.

Immediate support @ RM2.90, immediate resistance @ RM3.03.



SP Setia (weekly) ~ Trading in an upward sloping channel, critical support @ RM2.80


Quote
SP Setia (8864) ~ Classic Mushroom-Of-Death, critical support @ RM2.80[/b]

SP Setia closed with a hanging man @ RM3.00 (-0.02, -0.7%) with thin volume done at 190,000 shares on 26 Jul 2016.

Immediate support @ RM2.90, immediate resistance @ RM3.03.
Veri different charts indeed. Today tells the story of the The Rise Of The Mushroom Of Death!  :clap: :cash:

Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline Oly Shyte

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Re: Casino Stocks
« Reply #63 on: July 28, 2016, 11:25:39 AM »
Bingo! Today broke it's highest price at previously RM0.84. New high RM0.855. Closing at RM0.845.

Dancomech Holdings Bhd

1. 1st day (debut) - 38.2m shares
2. 2nd day - 6.0m shares
3. 3rd day - 11.1m shares
4. 4th day - 3.4m shares
5. 5th day - 24.1m shares

 8)
Upside potential but profit taking could be as early as tomorrow.  :P :cash:
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #64 on: July 29, 2016, 10:49:24 AM »
LUSTER  -  is  a CASINO  STOCK 
having CAMBODIAN  GAMING -  now  a profitable  luster darling  :) 8)
 :cash: :thumbsup: :thumbsup: :thumbsup:

生意淡薄 ,不如賭博。

Top 10 casino stocks ( LUSTER 榜上有名) ~ 29 July 2016 at 1030 hrs


Offline zuolun

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Re: Casino Stocks
« Reply #65 on: July 29, 2016, 10:59:12 AM »
博彩界金言:庄家不怕你赢钱,就怕你不玩。

Jackpot! Remote South Korea casino cleans up as China gamblers fold ~ 25 Feb 2016
http://www.reuters.com/article/us-southkorea-casino-kangwon-land-idUSKCN0VX2YO


Offline Oly Shyte

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Re: Casino Stocks
« Reply #66 on: July 29, 2016, 02:04:33 PM »
生意淡薄 ,不如賭博。

Top 10 casino stocks ( LUSTER 榜上有名) ~ 29 July 2016 at 1030 hrs


SANICHI-WD  :thumbsup:

LUSTER?  :giggle: :giggle:
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #67 on: July 30, 2016, 05:24:34 PM »
Singapore regulator charges Malaysian investor with spoofing ~ 22 July 2016
http://www.bloomberg.com/news/articles/2016-07-22/monetary-authority-of-singapore-charges-malaysian-with-spoofing

Singapore charges 2 men with insider trading on 2 stocks; Qualitas Medical Group Ltd. and Leeden Ltd. ~ 12 May 2016
http://www.bloomberg.com/news/articles/2016-05-12/singapore-charges-two-men-with-insider-trading-on-two-stocks

Soh Chee Wen 'mastermind' of penny stock crash: Prosecutor ~ 28 Jan 2016
http://business.asiaone.com/news/soh-chee-wen-mastermind-penny-stock-crash-prosecutor



Repco case a reality check for those watching Singapore penny stock probe ~ 27 Jan 2016
http://business.asiaone.com/news/repco-case-reality-check-those-watching-singapore-penny-stock-probe



Story behind penny stock crash ~ 3 May 2014
http://www.thestar.com.my/business/business-news/2014/05/03/story-behind-penny-stock-crash/



Four stocks hit limit down, Bursa queries ~ 29 Apr 2014
http://www.thestar.com.my/business/business-news/2014/04/29/four-stocks-hit-limit-down/









AmFraser goes to trial over $1.88m suit against former client ~ 8 Jul 2016
http://www.straitstimes.com/business/amfraser-goes-to-trial-over-188m-suit-against-former-client



Singapore authorities raid local brokerages ~ 22 Apr 2016
http://www.cnbc.com/2016/04/22/singapore-authorities-raid-local-brokerages.html

China Development Unit to acquire Singapore's AmFraser Securities ~ 25 Aug 2014
http://www.wsj.com/articles/china-development-unit-kgi-to-acquire-singapores-amfraser-securities-1408980744

Don’t be fooled by the high trading volume ~ 23 Aug 2014
http://www.thestar.com.my/business/business-news/2014/08/23/dont-be-fooled-by-the-high-trading-volume/

投资小股失利.传兴业资本损失2千万 ~ 3 May 2014
http://www.sinchew.com.my/node/412076

Significant signs of syndicate presence in Vis, Itronic, MNC and Solution ~ 30 Apr 2014
http://www.faizalyusup.net/2014/04/penerangan-mengenai-kejatuhan-saham-vis.html

Offshore broker’s role іn penny stock crash

Court papers filed bу US firm shed disturbing light οn stock trio debacle

Bу Goh Eng Yeow
Jan 13, 2014

AS THE nеw year gets under way, hope springs eternal thаt thе penny stock market wіll mаkе a strong comeback despite thе bashing іt received three months ago.

Nеw players аrе іn vogue, replacing those thаt hаνе fallen bу thе wayside аftеr thеу collapsed tο a fraction οf thеіr year-high price іn thе dramatic October crash.

Traders аrе hopeful thаt thе Year οf thе Horse wіll cause thе stock market tο gallop іn price, уеt аt thе back οf thеіr minds іѕ one bіg concern: Wіll аnу penny stock revival bе thе real McCoy?

Concerns centre οn thе outcome οf thе investigation being conducted bу thе Monetary Authority οf Singapore (MAS) аnd Singapore Exchange (SGX) over thе odd trading activity surrounding thе stock trio – Asiasons Capital, Blumont  Group аnd LionGold Corp – before thеу crashed, wiping out over $8 billion іn value іn days.

Thеrе hаνе bееn аll sorts οf rumours аnd allegations circulating іn thе market οn hοw thе three counters achieved spectacular price surges last year аnd thеіr subsequent crash.

None οf thеѕе rumours hаѕ bееn substantiated, bυt a court document filed here bу United States online brokerage Interactive Brokers sheds ѕοmе light.

Interactive hаѕ аѕkеd a court tο freeze thе assets οf eight οf іtѕ clients – six individuals аnd two companies – thаt lost аlmοѕt $80 million іn total frοm thе stock debacle.

Thаt court document mаkеѕ fοr depressing reading. Thе allegation іt contains seems tο suggest hοw easy іt іѕ tο subvert thе local stock market using аn offshore brokerage account.

It begs thе qυеѕtіοn аѕ tο whether offshore brokers hаνе рυt sufficient checks іn рlасе tο ѕtοр a stock manipulator frοm using thеіr trading platforms tο manipulate prices іn Singapore’s market.

Hοw dοеѕ аn offshore broker check іf thе accounts thаt аrе opened wіth іt аrе genuine οr nοt? And οn whаt criteria dοеѕ іt extend loans οn thе shares pledged tο іt аѕ collateral fοr share trading?

Wουld thе malfeasance whісh Interactive purportedly uncovered еνеr come tο light, іf іtѕ erstwhile clients hаd nοt failed tο mаkе gοοd οn thе massive losses whісh thеу hаd sustained іn punting thе stock trio?

Interactive dеѕсrіbеѕ itself аѕ аn online broker catering tο well-heeled  individuals аnd institutions. It ѕауѕ іt dοеѕ nοt еmрlοу аnу human “brokers” οr “advisers”. All trading іѕ done online bу customers οr bу independent financial advisers appointed bу thеm.

In hindsight, thіѕ wουld appear tο mаkе іt far easier fοr a person tο open a trading account wіth Interactive Brokers thаn wіth аnу οf thе nine traditional brokerages here serving retail investors. Thіѕ іѕ bесаυѕе thе SGX requires thе client tο turn up іn person аt thе brokerage.

Interactive ѕаіd іt wаѕ οnlу аftеr thе parties failed tο mаkе gοοd thеіr losses whеn thе stock trio collapsed thаt іt investigated further аnd found  thаt thеrе wаѕ something amiss.

Tο adhere tο Singapore’s regulations, іtѕ policy hаѕ bееn tο prevent customers, whose legal residence іѕ іn Singapore, frοm trading Singapore-listed stocks.

Bυt іt claimed thаt thеѕе parties “deliberately misled Interactive аnd/οr engaged іn multiple non-disclosures whеn applying tο open thеіr respective… accounts”.

Thе six individuals hаd listed themselves аѕ Malaysians аnd given Malaysian residential аnd mailing addresses, whіlе thе two companies wеrе listed аѕ British V-irgin Island-registered entities.

Bυt further checks аftеr thе stock trio’s crash suggested thаt “thеу аrе lіkеlу tο bе resident іn Singapore аnd/οr hаνе a sufficient connection wіth Singapore”.

Interactive noted thе eight parties hаd appointed thе same financial adviser, Algo Capital Group, whісh operates out οf a Bishan address tο trade οn thеіr behalf. Thеу hаd аlѕο borrowed large sums tο bυу substantial stakes іn Blumont, Asiasons аnd LionGold.

Bυt whаt mυѕt surely take thе cake іѕ Interactive’s belated acknowledgement thаt “many οf thе trades appear tο serve nο economic purpose аnd appear now tο hаνе bееn undertaken іn a manner possibly tο manipulate thе share prices οf thе companies concerned”.

Interactive noted thаt Algo οftеn accounted fοr “substantial рοrtіοnѕ οf thе volume οf total daily trades іn LionGold shares, аnd even exceeded 80 per cent οf thе total trading volume οn сеrtаіn days”.

Thе same trading pattern exists іn Asiasons, whеrе Algo’s trading volume “wаѕ аѕ much аѕ 67 per cent οn ѕοmе days”.

“(Algo) οftеn sold a large block οf shares аt a given price іn one οr more οf thе (parties’) accounts, thеn quickly re-рυrсhаѕеd approximately thе same number οf shares аt thе same price, putting thе accounts back whеrе thеу ѕtаrtеd, bυt giving thе market thе appearance thаt thе stocks wеrе more heavily traded thаn thеу really wеrе,” іt alleged.

Now, іf аnу remisier іѕ ѕο brazen аѕ tο indulge іn similar trading behaviour, hе wіll surely bе hauled up bу thе SGX’s market surveillance team fοr questioning.

Thе qυеѕtіοn іѕ thаt ѕіnсе Interactive іѕ based offshore serving foreign customers, whose responsibility іѕ іt tο ensure thаt іt іѕ up tο scratch іn keeping similar market misbehaviour аt bay?

Of course, іt іѕ difficult tο tеll hοw much truth thеrе іѕ іn Interactive’s claims ѕіnсе іtѕ objective іѕ tο recover аѕ much οf іtѕ losses аѕ possible.

Bυt unless thе MAS аnd SGX conclude thеіr probe speedily, thе uncertainties wіll continue tο cast a pall over thе market аnd mаkе retail investors even more cynical аbουt penny stocks. It іѕ іn thе best interests οf аll tο mаkе haste οn thе investigation.

AmBank makes RM40m provision for stock price fallout at Singapore unit ~ 13 Nov 2013
http://www.thesundaily.my/news/880071


Offline Oly Shyte

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Re: Casino Stocks
« Reply #68 on: July 30, 2016, 07:24:52 PM »
Hi bro,

On SP Setia, I strongly believed that RM3.10 was a stop before next rally. I expect temporary profit taking next week. However, do you think those big funds will just take RM3.10 and go away. I doubt so. What's your TA on this?  8)
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline Oly Shyte

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Re: Casino Stocks
« Reply #69 on: July 30, 2016, 07:33:45 PM »
Hi bro,

On SP Setia, I strongly believed that RM3.10 was a stop before next rally. I expect temporary profit taking next week. However, do you think those big funds will just take RM3.10 and go away. I doubt so. What's your TA on this?  8)
One more thing. It's in the overbought zone.  8)
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #70 on: August 01, 2016, 03:16:53 PM »
"Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited." - George Soros

中华食品工业(Sino Grandness)交易异常,受新加坡交易所询问。新交所于上午10时14分向公司发出“异常交易”的询问,要求公司提供任何可能解释交易异常的原因和消息。中华食品工业今早开盘持平,报0.585元,9时半起开始急速下跌,盘中一度跌至0.42元,截至约11时大跌12%至0.515元,成交量1514万股。该股今年1月底开始上涨,6月份曾攀升到0.785元的高度,今年来涨幅高达40%。~ 1 Aug 2016

Sino Grandness ~ Bearish head-and-shoulders breakout

Sino Grandness had a long-tailed hammer and traded @ S$0.565 (-0.02, -3.4%) with high volume done at 20.8m shares on 1 Aug 2016 at 1445 hrs.

Immediate support @ S$0.51, immediate resistance @ S$0.585.



Sino Grandness ~ Bullish symmetrical triangle breakout

Sino Grandness closed unchanged with a spinning top @ S$0.67 with 8.63m shares done on 8 Apr 2016.

Immediate support @ S$0.62, immediate resistance @ S$0.67.


Offline zuolun

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Re: Casino Stocks
« Reply #71 on: August 03, 2016, 01:15:58 PM »
Moody's: UOB, OCBC face further squeeze on asset quality ~ 2 Aug 2016
http://business.asiaone.com/news/moodys-uob-ocbc-face-further-squeeze-asset-quality

Swiber liquidation rattles Pacific Radiance, Vallianz shareholder unfazed ~ 29 Jul 2016
http://splash247.com/swiber-liquidation-rattles-pacific-radiance-vallianz-unfazed/

OCBC flags more oil and gas non-performing loans but says no exposure to Swiber ~ 28 Jul 2016
http://www.straitstimes.com/business/companies-markets/ocbc-flags-more-oil-and-gas-non-performing-loans-but-says-no-exposure-to

S'pore listed offshore firms distance themselves from Swiber ~ 28 Jul 2016
http://www.seatrade-maritime.com/news/asia/spore-listed-offshore-firms-distance-themselves-from-swiber.html

Swiber applies to be wound up – Vallianz shares tank ~ 28 Jul 2016
http://www.osjonline.com/news/view,swiber-applies-to-be-wound-up-vallianz-shares-tank_43951.htm

EZION ~ Racing to the bottom

EZION had a bullish counterattack and traded @ S$0.285 (+0.015, +5.6%) with 18.9m shares done on 3 Aug 2016 at 1255 hrs.



SeaDrill (SDRL): Racing to the bottom ~ 2 Aug 2016
https://sg.finance.yahoo.com/q?s=SDRL



Seadrill sells remaining 8.2% stake in SKPETRO (5218.KL) ~ 28 Apr 2016
http://www.thestar.com.my/business/business-news/2016/04/28/seadrill-to-exit-sapurakencana/

Beaten down drillers: The value case for Seadrill ~  7 Oct 2014
http://www.investing.com/analysis/beaten-down-drillers:-the-value-case-for-seadrill-228160


Offline zuolun

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Re: Casino Stocks
« Reply #72 on: August 05, 2016, 11:54:37 AM »
Frenzied buying of penny stocks

By Liew Jia Teng / The Edge Financial Daily
August 3, 2016 : 9:04 AM MYT



This article first appeared in The Edge Financial Daily, on August 3, 2016.

KUALA LUMPUR: While investment sentiment towards the local stock market remains cautious across the board amid economic uncertainties, there is a notable speculative interest spike in some penny stocks.

The likes of PDZ Holdings Bhd, Naim Indah Corp Bhd, TH Heavy Engineering Bhd, K-Star Sports Ltd, Asia Media Group Bhd and Borneo Aqua Harvest Bhd (Bahvest) are back in the limelight.

Shares in all six companies were heavily traded in the past few weeks, while their share prices went up within a short period of time. The share price rally raised many eyebrows knowing that more often than not the prices of these stocks would usually tumble as fast as they climb.

There could be positive news flows to draw investors’ attention, particularly retail investors. But fundamental-wise, these companies usually have not much to talk about, said a dealer.

For instance, loss-making Asia Media has gained 77% within a month, from nine sen on July 5 to 16 sen yesterday, giving it a market capitalisation of RM38 million.

Naim Indah saw its share price surge by 42% within a week, from seven sen on July 21 to 10 sen last Thursday, bringing it a market capitalisation of RM82 million.

Meanwhile, market capitalisation of K-Star has doubled to RM24 million, thanks to a twofold increase in its share price, from 4.5 sen on July 12 to nine sen yesterday.

After the recent rally, Bahvest is no longer a penny stock after its share price rose from 73 sen on July 11 to RM1.18 last Thursday, an increase of more than 60% in less than three weeks.

Shares in TH Heavy leaped 170% to 23 sen on Monday, up from 8.5 sen on July 21. Year to date, the stock has risen 26% to 21.5 sen, bringing a market capitalisation of RM241 million.

But the penny stock that has supposedly caught the regulator’s attention is PDZ Holdings, which saw its share price climb 64% in two trading days, from seven sen on July 26 to 11.5 sen on July 28. Bursa Malaysia on July 28 issued an unusual market activity query to the firm.

It is also worth noting that PDZ Holdings, Naim Indah, TH Heavy, K-Star, Asia Media and Bahvest saw their trading volumes beginning to pick up since mid-June to the end of last month.

In fact, the volume traded for the six counters yesterday — 187.01 million shares — made up close to 10% of the total trading volume of Bursa, which was about 1.91 billion shares.

It is also noteworthy that shares in  Naim Indah, TH Heavy and K-Star, which saw sudden rises in trading volume since last month, have actually been thinly traded since 2013.

Notably, Naim Indah was one of the counters linked to Datuk Raymond Chan Boon Siew in 2012. The Sabah businessman has a short but notable track record of being the “man with the Midas touch” in the local stock market.

Apart from Naim Indah, Chan also had substantial shareholdings in other penny stocks, including Harvest Court Industries Bhd, which is currently known as Anzo Holdings Bhd, Ariantec Global Bhd, now known as NetX Holdings Bhd, and Metronic Global Bhd.

All these stocks had nerve-racking roller-coaster rides in 2012.

The Edge weekly in its cover story for the week of July 18 to 24, entitled “Riding the penny stock roller coaster”, reported that groups of local sophisticated investors, comprising high-net-worth individuals, had pooled funds amounting to some RM200 million to actively buy into penny stocks in the next few months.

According to sources with local investment banks, of the exclusive investment clubs being formed, one of them is eyeing 20 penny stocks and so far has identified at least three potential target companies.

This development is not unheard of among stockbrokers and veteran investors.

If it seems too good to be true, it probably is...



Don’t be fooled by the high trading volume ~ 23 Aug 2014
http://www.thestar.com.my/business/business-news/2014/08/23/dont-be-fooled-by-the-high-trading-volume/

How market crooks operate ~  4 Jun 2005
http://www.thestar.com.my/story/?file=%2F2005%2F6%2F4%2Fbusiness%2F11135150


Offline zuolun

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Re: Casino Stocks
« Reply #73 on: August 05, 2016, 01:07:03 PM »
History repeats itself. The future is but a repetition of the past..."The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun."



AMEDIA ~  鹹魚翻生 / Salted fish comes alive

AMEDIA closed with a doji unchanged @ RM0.16 with 4.15m shares done on 4 Aug 2016.



AMEDIA ~ 上楼爬楼梯,下楼滚楼梯。

AMEDIA climbed from last low of RM0.107 on 11 Mar 2011 to a record high of RM0.345 on 28 Sep 2012 and then it collapsed and plunged to a lower low of RM0.07 on 31 Dec 2013.
 (Share prices are based on xall.)




Offline Oly Shyte

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Re: Casino Stocks
« Reply #74 on: August 06, 2016, 09:15:34 PM »
Dearest bro zuolun,

If you are free, can you give your opinion and analyse on TURIYA, MIKROMB, IHH & KPJ?

I have MIKROMB and TURIYA on hand but IHH AND KPJ (untung kaw kaw last time) seems something interesting is going on. Thoughts?  :speechless:

TQ sir!  :thumbsup: :clap: :handshake:
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #75 on: August 15, 2016, 10:36:59 AM »
Danco and Jumbo ~ “Make hay while the sun shines".



Hanging man (吊死鬼) candlestick chart pattern



Danco IPO @ RM0.75, debuts with a 5 sen premium at RM0.80 with 38.28m shares done ~ 21 Jul 2016
http://www.thestar.com.my/business/business-news/2016/07/21/dancomech-closes-at-debut-price-0f-80-sen/

Danco ~ Blue-sky breakout

Danco closed with a hanging man @ RM0.975 (-0.015, -1.5%) with 10.2m shares done on 12 Aug 2016



Jumbo Group shares (IPO @ S$0.25 per share) surge on Catalist trading debut ~ 10 Nov 2015
http://www.straitstimes.com/business/jumbo-group-shares-surge-on-catalist-trading-debut

Jumbo ~ Blue-sky breakout

Jumbo closed with a hanging man @ S$0.67 (-0.005, -0.7%) with 2.37m shares on 12 Aug 2016


Offline shilau

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Re: Casino Stocks
« Reply #76 on: August 15, 2016, 12:06:49 PM »
 8) 8) 8)


 8) 8) 8)


 8) 8) 8)

Offline dekohuat

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Re: Casino Stocks
« Reply #77 on: August 15, 2016, 03:55:53 PM »
when stock up is casino stock  :D :D :D
when stock down is con stock   :speechless: :speechless: :speechless:

Offline Oly Shyte

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Re: Casino Stocks
« Reply #78 on: August 15, 2016, 05:39:48 PM »
Bro zuolun,

Do you still exist?  :)

I need you to study one tortoise stock.....  :(
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #79 on: August 18, 2016, 09:33:45 AM »


BORNOIL (7036) ~ Bull Flag Breakout, TP RM0.225

BORNOIL closed with an inverted hammer @ RM0.19 (+0.01, +5.6%) with extremely high volume done at 192m shares on 17 Aug 2016.

Immediate support @ RM0.185, immediate resistance @ RM0.205.



BORNOIL (7036) ~ Bull Trap

BORNOIL closed with a hammer @ RM0.185 (+0.005, +2.8%) with 48.1m shares done on 13 Jul 2016.

Immediate support @ RM0.17, immediate resistance @ RM0.185.



BORNOIL (7036) ~ Trading in a rectangle

BORNOIL closed with a white marubozu @ RM0.17 (+0.01, +6.3%) with 53.2m shares done on 5 July 2016.


Offline zuolun

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Re: Casino Stocks
« Reply #80 on: August 18, 2016, 11:03:05 AM »
when stock up is casino stock  :D :D :D
when stock down is con stock   :speechless: :speechless: :speechless:

What you say is exactly the same as how lizard moves its tail.

When the lizard moves its tail to the right; it is a 'casino stock'.  :D :D :D
When the lizard moves its tail to the left; it is a 'con stock'. :speechless: :speechless: :speechless:
When the lizard hardly moves its tail; it is a 'dead stock'.  :P :P :P



Technical analysis is all about probabilities and it is based on the "if A then B" idea.

What is Technical Analysis?
http://stockcharts.com/school/doku.php?id=chart_school:overview:technical_analysis

Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis can help investors anticipate what is “likely” to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.

Offline zuolun

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Re: Casino Stocks
« Reply #81 on: August 22, 2016, 10:36:59 AM »


BORNOIL (7036) ~ Bull Flag Breakout, TP RM0.225

BORNOIL closed with a hammer @ RM0.185 (-0.005, -2.6%) with 76.5m shares done on 19 Aug 2016.

Immediate support @ RM0.185, immediate resistance @ RM0.205.



BORNOIL (weekly) ~ Ascending Broadening Wedge



期限长估价低 婆罗洲石油-WC更诱人

温世麟
2016年8月22日

婆罗洲石油(BORNOIL,7036,主板贸服股)最近股项交易非常活跃,相信和之前公司宣布有关,即其彭亨Bukit Ibam金矿探勘成功,潜在矿藏约有6万814盎司或1891.5公斤。

不过,该股自从6月底从约14仙水平上涨至7月中的18仙左右水平后,就没有太大的突破。

该股在上周五以18.5仙结束交易。婆罗洲石油的两项凭单婆罗洲石油-WB和婆罗洲石油-WC,则分别以12仙和10.5仙闭市。

婆罗洲石油的主要业务是黄金投资和开采、快餐连锁、再生能源以及资源地产投资和管理。

该公司在2016年4月结束的2017财年首季,取得1070万令吉净利,其中,矿业和能源部门贡献了692万令吉,成为集团的主要盈利贡献。

业绩有进步空间

该公司董事部在业绩报告表示,公司未来几季的业绩,应有进步空间。婆罗洲石油每股净资产达19仙。

值得一提的是,婆罗洲石油在去年完成发行高达23亿7300万股附加股,总共筹到了2亿3152万令吉,而婆罗洲石油-WC就是认购附加股所送出的。

在婆罗洲石油两项凭单中,婆罗洲石油-WC的期限比较长,而且估价也比婆罗洲石油-WB略低。

婆罗洲石油-WC的发行数量高达11.57亿单位,比婆罗洲石油-WB的3831万单位高很多。如果投资者看婆罗洲石油,婆罗洲石油-WC应该是相对婆罗洲石油-WB来说较好选择。

免责声明

本栏纯属学术上或经验上的建议,读者若有兴趣投资,应该自行深入研究或询问股票经纪才决定,盈亏自负。我们鼓励通过正确的投资方式创造财富。



Offline zuolun

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Re: Casino Stocks
« Reply #82 on: August 26, 2016, 10:27:11 AM »
EZION ~ Bearish symmetrical triangle breakout, interim TP S$0.195, next TP S$0.172

EZION closed with an inverted hammer @ S$0.24 (-0.01, -4%) with 11.9m shares done on 25 Aug 2016.

Immediate support @ S$0.22, immediate resistance @ S$0.26.



EZION ~ Racing to the bottom

EZION had a bullish counterattack and traded @ S$0.285 (+0.015, +5.6%) with 18.9m shares done on 3 Aug 2016 at 1255 hrs.



Singapore defaults boost calls for aid as oil firms falter ~ 19 Aug 2016
http://www.bloomberg.com/news/articles/2016-08-18/singapore-defaults-boost-calls-for-state-aid-as-oil-firms-falter


Offline Oly Shyte

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Re: Casino Stocks
« Reply #83 on: August 26, 2016, 01:12:45 PM »
What you say is exactly the same as how lizard moves its tail.

When the lizard moves its tail to the right; it is a 'casino stock'.  :D :D :D
When the lizard moves its tail to the left; it is a 'con stock'. :speechless: :speechless: :speechless:
When the lizard hardly moves its tail; it is a 'dead stock'.  :P :P :P



Technical analysis is all about probabilities and it is based on the "if A then B" idea.

What is Technical Analysis?
http://stockcharts.com/school/doku.php?id=chart_school:overview:technical_analysis

Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis can help investors anticipate what is “likely” to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.


Another lesson we must learn is if the lizard loses it's tail? It means it is a kaput stock. :thumbsdown:
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline zuolun

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Re: Casino Stocks
« Reply #84 on: August 29, 2016, 11:30:25 AM »
In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.

Perisai ~  断头铡刀

Perisai gapped down with a hammer and traded @ RM0.155 (-0.02, -11.43%) with 11.9m shares done on 29 Aug 2016 at 1050 hrs.



Perisai closed with an inverted hammer @ RM0.175 (-0.01, -5.4%) with 8.09m shares done on 26 Aug 2016.



Perisai sounds out bondholders on potential recovery rate ~ 26 Aug 2016
http://finance.yahoo.com/news/perisai-sounds-bondholders-potential-recovery-033114791.html
Holders of Perisai's S$125m ($92.3m) 6.875 % bonds due Oct 3 have been warned they may recover only half of their investments.

Malaysia's Perisai gets 6 months charter extension for FPSO Perisai Kamelia ~ 22 Aug 2016
http://www.rigzone.com/news/oil_gas/a/146264/Malaysias_Perisai_Gets_6_Months_Charter_Extension_for_FPSO_Perisai_Kamelia

Analysts positive on O&G downstream segment ~ 13 Feb 2016
http://www.theborneopost.com/2016/02/13/analysts-positive-on-og-downstream-segment/

Kenanga Research retains Underperform for Perisai~ 3 Mar 2015
http://www.thestar.com.my/business/business-news/2015/03/03/kenanga-research-retains-underperform-for-perisai/?
Perisai is 23.4%-owned by Ezra Holdings Limited (Ezra) through its subsidiaries

Cash up or ship out: it's the big O&M squeeze post-Swiber

Deleveraging and improving cash flow are key for offshore and marine players - but time may be running out for some, say analysts

29 August 2016

Singapore - CASH flow statements and debt refinancing plans of O&M (offshore and marine) counters have come under intense scrutiny, as analysts and stakeholders attempt to distinguish players more at risk than others.

It's a wake-up call triggered by the demise of the industry's once rising star, Swiber Holdings, which is now in the midst of a judicial management exercise.

A Business Times scan of small and mid-cap O&M companies - drawn from the watch lists of equity analysts - indicates a challenging patch ahead for many.

These O&M players face four key challenges: high debt-to-equity gearing of over 100 per cent; low or negative cash flows; short-term debt of above S$100 million; and/or medium-term-note redemption deadlines running through 2019.

BT drew on data released as at Aug 19 on Bloomberg, latest company results, and analyst reports.

Of the 14 companies on the list, 12 have short-term debt of over S$100 million, 10 have negative/low cash flow, and nearly all are highly geared.



With recovery still eluding the sector, the key to survival depends on how far industry players have deleveraged or cashed up to last through an industry shake-up in the wake of Swiber, analysts said. However, time may just not be on the side of many small and mid-cap industry players even as enquiries for oilfield services have increased.

IHS principal researcher Ang Dingli noted that oil companies have grown more accustomed to lower (but more stable) oil prices and may issue more tenders for new field developments at the end of 2016 or early 2017 as they are also being pressed to replace depleting oil and gas reserves. But Mr Ang qualified that these tenders will be released at a more deliberate pace and for limited projects.

He also warned that only "a few fortunate O&M players" - primarily large- cap yard operators with established track records in executing engineering, procurement and construction (EPC) projects - may benefit from any uptick. The rest would have to tread water at least until the end of 2017.

Mr Ang noted that EPC contractors - primarily those with a yard presence - have "already done what they could to lower costs either through restructuring or retrenchments of non-core staff".

He sees a lack of demand for their services as the bigger setback. Adding to the woes of small and mid-cap EPC contractors is excess capacity, partly from overinvestment in the module fabrication sub-segment in the days of high oil prices.

These contractors also face challenges from higher local content requirements imposed by some national oil companies that could restrict participation in subcontract work for new EPC awards.

EPC awards would also take months to multiply into contracting opportunities for supporting services including those for offshore support vessels (OSV).

The OSV segment is still haunted by a supply glut from excessive newbuilding and demand destruction from a slump in offshore drilling and EPC activities. Pareto Securities chief executive David Palmer said: "There is a tsunami of newbuilding (OSVs) completed and ready for delivery that are sitting in the yards."

The key uncertainty, according to Mr Palmer, is that "the exact number of newbuilding OSVs is indeterminate" and that "most industry numbers are understated". He suggested the supply glut - though more prevalent among shipshape OSV assets - has also compromised demand for liftboats, which were once touted as an asset class still above water.

One estimate is that hundreds of OSVs have yet to be delivered from China. M3 Marine's managing director Mike Meade noted that Chinese shipbuilders have tried to link up with active OSV operators to offload the excess vessels (resulting from defaults on shipbuilding contracts). The result could be more vessels competing for work in an already oversupplied OSV market.

One of the world's largest OSV owner-operators, Tidewater, recently breached an interest covenant, sparking speculation that the New York-listed player may file for Chapter 11 bankruptcy protection if it cannot secure waivers from its lenders and noteholders. Tidewater is headquartered in New Orleans and operates as a private-owned entity in Singapore.

On the situation here, Gibson Dunn & Crutcher LLP partner Robson Lee warned: "Holders of unsecured bonds issued by a company that has become mired in dire financial straits (such as Swiber) will have very little recourse to recover their investments in the event of an insolvent winding up." He noted that in such a situation, there is certainly no chance of any redemption. Others noted that bonds or debts in the O&M sector would have to be restructured (which typically involves either a substantial haircut or conversion to equity) or their repayments deferred. Support from lenders will be crucial.

Regional maintenance, repair and overhaul (MRO) solutions provider Mencast has, for instance, secured loan and credit facilities of up to S$74.9 million from UOB that will go towards redeeming S$50 million of outstanding bonds due on Sept 12, refinance certain liabilities, and provide for its working capital needs.

In Swiber's case, the affidavit for its judicial management application indicated that it had taken up lending facilities from DBS to repay medium-term notes due in June and July. BT earlier reported major local banks have worked with Swiber as well as Pacific Radiance to extend repayment deadlines for their loans. However, Swiber's subsequent troubles prompted some to ask if those efforts had been adequate in the face of a major O&M meltdown.

Unlike Swiber, some Singapore-listed players may be able to tap their cash-rich anchor shareholders. Malaysian tycoon Yaw Chee Siew, who has bankrolled Otto Marine through the years, set out earlier this year to take the OSV-focused player private. His decision to delist Otto Marine came as depressed O&M stock prices limited the effectiveness of further equity injections.

For O&M players with no cash-rich anchor shareholders to lean on, Mr Palmer extended a glimmer of hope: that the needed cash could eventually enter the system from "some unconventional sources not previously in this sector". But this may "severely dilute existing equity".

He warned that under the current excess capacity conditions (particularly severe in the OSV segment), "we will need to see more 'blood' before more sustainable capital will come in to fund companies".

But for the brave, there could be bargain-hunting opportunities. "Investors . . . have to tolerate extreme volatility and uncertainty in the short term but those who can identify companies that will make it through stand to (reap) fantastic returns," Mr Palmer said.

DBS is one of the principal bankers for almost all the O&M companies in the list.



Latest Splash Chat live Q&A casts a long, dark shadow over offshore ~ 26 Aug 2016
http://splash247.com/latest-splash-chat-live-qa-casts-long-dark-shadow-offshore/

KrisEnergy faces debt covernant stress, bond value plunges ~ 16 Aug 2016
http://investmentmoats.com/stock-market-commentary/krisenergy-faces-debt-covernant-stress-bond-value-plunges/



Double boost for Vallianz post-Swiber ~ 15 Aug 2016
http://splash247.com/double-boost-vallianz-post-swiber/

Tidewater misses on earnings, may file Chapter 11 ~ 11 Aug 2016
https://www.workboat.com/news/offshore/tidewater-misses-earnings-may-file-chapt11/


Offline zuolun

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Re: Casino Stocks
« Reply #85 on: August 29, 2016, 03:38:07 PM »
When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low. In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.

Noble ~ Racing to the bottom

Noble had a black marubozu and traded @ S$0.125 (-0.004, -3.1%) with 30.7m shares done on 29 Aug 2016 at 1500 hrs.

Immediate support @ S$0.122, immediate resistance @ S$0.133.



Noble ~ Bearish head-and-shoulders breakout

Noble closed with a black marubozu @ S$0.405 (-0.02, -4.7%) with 57.2m shares done on 6 May 2016.





In Cantonese, it's called 斩脚趾,避沙虫。


Offline zuolun

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Re: Casino Stocks
« Reply #86 on: August 30, 2016, 10:00:25 AM »


Another lesson we must learn is if the lizard loses it's tail? It means it is a kaput stock. :thumbsdown:

Lesson 101: 天涯何处无芳草, 何必单恋一枝花。 :P


Offline zuolun

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Re: Casino Stocks
« Reply #87 on: August 31, 2016, 10:14:22 AM »
In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.

EZION ~ Bearish symmetrical triangle breakout, interim TP S$0.195, next TP S$0.172

EZION had a black marubozu and traded at historical low @ S$0.215 (-0.02, -8.5%) with 6.45m shares done on 31 Aug 2016 at 0935 hrs.

Immediate support @ S$0.195, immediate resistance @ S$0.24.



EZION closed with an inverted hammer @ S$0.24 (-0.01, -4%) with 11.9m shares done on 25 Aug 2016.



EZION ~ Racing to the bottom

EZION had a bullish counterattack and traded @ S$0.285 (+0.015, +5.6%) with 18.9m shares done on 3 Aug 2016 at 1255 hrs.



More offshore woes hit Ezion's balance sheet ~ 31 Aug 2016
http://www.straitstimes.com/business/companies-markets/offshore-woes-hit-ezions-balance-sheet



Ezion, a bright spot in sea of gloom

By Zavier Ong
25 August 2016

Maybank is maintaining its “buy” call for Ezion Holdings, with a target price of 45 cents.

The research house is forecasting Ezion to record its first positive Free Cash Flow (FCF) in FY16. However, the research house warns that Ezion’s average yearly FCF would cover only approximately 10% of its net debt.

Regardless, Maybank analyst Yeak Chee Keong says that the company is likely to weather a downturn in a tightened credit market for FY16 and FY17, but may require refinancing of US$270 million ($365.1 million) over FY18-20.

Noting that Ezion is in the midst of restructuring its bank loans to extend the repayment tenure, Yeak adds that an extension of just three more years would eliminate the need for more refinancing.

The research house believes that withdrawing credit and seizing assets is not in the interest of banks as their inability to operate oil & gas related assets may force them into a fire sale.

“Companies that can keep the assets utilised will be able to extract more value than banks,” says Yeak.

Moreover, Yeak argues that Ezion would also be in a better position to refinance by FY18 if it adheres to its debt repayment schedule. That would reduce its net gearing to about 0.6-0.7x, placing it in a better position to refinance.

Unlike weaker oil services players whose bond yields are 23-33%, the bond market is pricing Ezion’s bonds at average of 8.4%, suggesting that cash flow is not distressed at this point.

Looking ahead, the research house believes that Ezion has a high chance of getting through the downturn if oil stays at least US$40-50/bbl.

It also expects continued demand for liftboats, noting that they offer a cost-efficient option for oil companies to service and maintain production at their offshore production platforms in this challenging environment.

As at 4.25pm, Ezion was down 2.0% at 24.5 cents.

Cautionary tale of research reports ~ 27 Feb 2016
http://www.thestar.com.my/business/business-news/2016/02/27/cautionary-tale-of-research-reports/

Sun Tzu's Art of War  孫子兵法之聲東擊西


Offline zuolun

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Re: Casino Stocks
« Reply #88 on: September 01, 2016, 07:16:48 AM »
Yangzijiang ~  断头铡刀 interim TP S$0.695 next TP S$0.63

Yangzijiang closed wiith a hammer unchanged @ S$0.765 with 15.1m shares done on 31 Aug 2016.

Immediate support @ S$0.745, immediate resistance @ S$0.77.



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



Hanjin shipping line files for bankruptcy ~ 31 Aug 2016
http://www.oregonlive.com/business/index.ssf/2016/08/hanjin_shipping_line_files_for.html



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



COSCO Shipping H1 profits sink 12% due to freight rate slump ~ 26 Aug 2016
http://english.caixin.com/2016-08-26/100982222.html



China Containerized Freight Index (CCFI) ~ 26 Aug 2016
http://www1.chineseshipping.com.cn/en/indices/ccfinew.jsp



Maersk Line reports a second quarter loss of USD 151 million ~ 16 Aug 2016
http://www.cnss.com.cn/html/2016/updates_0816/231120.html

Lack of shipping demand sends big ships to scrap heap (trucking next!) ~ 15 Aug 2016
https://mishtalk.com/2016/08/15/lack-of-shipping-demand-sends-big-ships-to-scrap-heap-trucking-next/



Hapag-Lloyd plunges into first half loss of $158m on weak rates ~ 10 Aug 2016
http://www.seatrade-maritime.com/news/europe/hapag-lloyd-plunges-into-first-half-loss-of-$158m-on-weak-rates.html


Offline zuolun

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Re: Casino Stocks
« Reply #89 on: September 01, 2016, 01:53:32 PM »
History repeats itself. The future is but a repetition of the past..."What has been is what will be, and what has been done is what will be done, and there is nothing new under the sun."

Sino Grandness ~ 庄家 using the same trick, again

Sino Grandness closed @ S$0.485 (-0.03, -5.8%) on 31 Aug 2016.



Sino Grandness (weekly) closed @ S$0.455 on 7 Nov 2014



Sino Grandness (weekly) closed @ S$0.485 on 31 Aug 2016


Offline zuolun

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Re: Casino Stocks
« Reply #90 on: September 02, 2016, 10:44:02 AM »
Starhub ~ Bearish Bat, downside bias

Starhub gapped down with a spinning top and traded @ S$3.48 (-0.15, -4.1%) with 3.79m shares done on 1 Sep 2016 at 1025 hrs.



Starhub ~ 断头铡刀

Starhub had a long black marubozu and traded @ S$3.75 (-0.10, -2.6%) with 1.89m shares done on 22 Aug 2016 at 1500 hrs.


Offline zuolun

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Re: Casino Stocks
« Reply #91 on: September 02, 2016, 11:41:31 AM »
MyRepublic, airYotta, TPG Telecom submit bids to become Singapore's 4th telco ~ 1 Sep 2016
http://www.channelnewsasia.com/news/business/myrepublic-airyotta-tpg/3092252.html

M1 ~ Bearish Double Top Breakout, downside bias

M1 gapped down with a hammer and traded @ S$2.52 (-0.14, -5.3%) with 2.86m shares done on 2 Sep 2016 at 1120 hrs.


Offline zuolun

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Re: Casino Stocks
« Reply #92 on: September 02, 2016, 12:08:08 PM »
In any stock market, it's all about supply and demand. From a chartist's point of view; buy stocks with good momentum and volume, which can reward you a good profit. Do not buy stocks with low or no volume and sit on them, these stocks are dead and dire cheap for a reason. (Bottom-fishing is the toughest gameplay in the stock market.) Watch the video clip below and listen carefully from 1:50 to 1:59... the speaker has revealed an important fact about the stock market gameplay. "In the stock markets today, there are good companies that are overpriced and there are worthless companies that are overpriced. If you are going to be a fool and pay absurd prices because you think that a greater fool will appear in the future, make sure you buy a goat and not a monkey."

Bottom-fishing is the toughest gameplay in the stock market
https://www.youtube.com/watch?v=ckz-a-_nZas

Luster is a typical 'goreng' stock, the major stock operator is still around, watch the support @ RM0.06.

LUSTER (5068) ~ Trading in a downward sloping channel



LUSTER (weekly) ~ Fall off the cliff



Offline zuolun

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Re: Casino Stocks
« Reply #93 on: September 02, 2016, 02:13:56 PM »
Yangzijiang ~  断头铡刀 interim TP S$0.695 next TP S$0.63

Yangzijiang had black marubozu and traded @ S$0.725 (-0.035, -4.6%) with 14m shares done on 2 Sep 2016 at 1355 hrs.



Yangzijiang closed wiith a hammer unchanged @ S$0.765 with 15.1m shares done on 31 Aug 2016.



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


Offline zuolun

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Re: Casino Stocks
« Reply #94 on: September 02, 2016, 02:21:45 PM »
How to shortsell in a down market
https://www.youtube.com/watch?v=FFwkfsyc5tU



Offline zuolun

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Re: Casino Stocks
« Reply #95 on: September 02, 2016, 04:06:00 PM »
GENTING (3182) ~ Bearish symmetrical triangle breakout, interim TP RM7.00

GENTING closed with a bullish harami @ RM7.90 (+0.10, +1.3%) with 4.6m shares done on 1 Sep 2016.

Immediate support @ RM7.50, immediate resistance @ RM8.00.



GENTING closed with a black marubozu @ RM8.27 (+0.07, +0.9%) with 2.82m shares done on 5 Aug 2016



GENTING closed with a long black marubozu @ RM7.88 (-0.31, -3.8%) with 8.39m shares done on 24 Jun 2016.


Offline zuolun

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Re: Casino Stocks
« Reply #96 on: September 04, 2016, 08:51:12 AM »
“The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” — Sir John Templeton

Innovalues ~ Bearish head-and-shoulders formation, downside bias

Innovalues closed with a black marubozu @ S$0.88 (-0.01, -1.1%) with 770,000 shares done on 2 Sep 2016.

Immediate support @ S$0.855, immediate resistance @ S$0.905.



Innovalues (weekly) ~ Elliott Wave Pattern: Completed the impulsive 5-wave up; riding on the  corrective 3-wave down



Elliott Wave Basics
http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory
  • Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.
  • Rule 2: Wave 3 can never be the shortest of the three impulse waves.
  • Rule 3: Wave 4 can never overlap Wave 1.
One of the Elliott Wave rules stated that Wave-3 cannot be the shortest wave. Usually for commodities, Wave-5 will be the longest wave; while for stocks, Wave-3 will be the longest wave and a minimum target for Wave-5 is 100% of Wave-1. The best thing about Elliott wave patterns? Easy: They repeat. They repeat on all timeframes, across dozens of markets, all over the world. Once you know what to look for, you see the familiar 5s and 3s repeat in every chart.


Offline zuolun

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Re: Casino Stocks
« Reply #97 on: September 04, 2016, 06:50:43 PM »
When a stock is in a bear-market territory, the last low will be retested and the share price will move much further down, forming a new record low. In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.

Noble ~ Bearish head-and-shoulders breakout

Noble closed with an inverted hammer @ S$0.112 (-0.002, -1.8%) with 71.3m shares done on 2 Sep 2016.

Immediate support @ S$0.102, immediate resistance @ S$0.122.



Noble closed with a black marubozu @ S$0.405 (-0.02, -4.7%) with 57.2m shares done on 6 May 2016.




Offline zuolun

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Re: Casino Stocks
« Reply #98 on: September 06, 2016, 08:51:01 AM »
Why did IFCA MSC suffer losses leading to shares being downgraded? ~ 1 Sep 2016
http://www.thestar.com.my/business/business-news/2016/09/01/ifca-disappoints-market-with-rm5mil-loss/

IFCA ~ 断头铡刀
  • Expect the gap between RM0.525 to RM0.52 created on 24 Aug 2016 to be closed.
  • Expect the low of RM0.45 scored on 25 Aug 2015 to be retested and price to move much further down
IFCA closed with a white marubozu @ RM0.50 (+0.02, +4.2%) with 9.68m shares done on 5 Sep 2016.

Immediate support @ RM0.46, immediate resistance @ RM0.52.



IFCA ~ Racing to the bottom

IFCA closed with an inverted hammer @ RM0.505 (+0.005, +1%) with 4.39m shares done on 7 Jun 2016.



IFCA ~ Classic "mushroom-of-death"

IFCA closed with a bullish counterattack @ RM0.565 (+0.06, +11.9%) with high volume done at 60.9m shares on 25 Aug 2015.


Offline zuolun

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Re: Casino Stocks
« Reply #99 on: September 18, 2016, 02:09:35 PM »
MM2 Asia ~ Blue sky breakout

MM2 Asia closed with a spinning top unchanged @ S$0.815 with 960,000 shares done on 16 Sep 2016.

Immediate support @ S$0.80, immediate resistance @ S$0.825.



MM2 Asia (weekly) ~ Blue sky breakout