Author Topic: Casino Stocks  (Read 1160976 times)

Offline zuolun

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Re: Casino Stocks
« Reply #2050 on: June 08, 2020, 06:33:20 PM »
Silverlake Axis Vs Asian Pay Television Trust ~ 上楼走楼梯,下楼则滚楼梯

Silverlake Axis ~ Bearish Descending Triangle Breakout, interim TP S$0.195

Silverlake Axis closed with a hanging man @ S$0.265 (+0.01, +3.9%) with 6.84m shares done on 8 Jun 2020.

Immediate support @ S$0.245, strong resistance @ S$0.285.



Silverlake Axis (weekly) ~ A "Waterfall Decline" with 5-wave down ~ 28 Dec 2018

Silverlake Axis closed @ S$0.41 on 28 Dec 2018.



Asian Pay Television Trust ~ Trading in a downward sloping channel

APTT closed with an inverted hammer @ S$0.13 (+0.001, +0.8%) with 9.83m shares done on 5 Jun 2020.

Immediate support @ S$0.127, immediate resistance @ S$0.132.



Asian Pay Television Trust (weekly) ~ A "Waterfall Decline" with 5-wave down ~ 23 Dec 2016


Offline odie

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Re: Casino Stocks
« Reply #2051 on: June 08, 2020, 07:34:34 PM »
https://sg.finance.yahoo.com/news/sembcorp-marine-proposes-1-5-062656782.html

Sembcorp Marine proposes $1.5 bln rights issue backed by Temasek
Reuters SG   Reuters SG8 June 2020

SINGAPORE, June 8 (Reuters) - Loss-making Sembcorp Marine on Monday proposed a S$2.1 billion ($1.5 billion) recapitalisation through a rights issue that will be backed by the rig builder's parent firm, Sembcorp Industries, and state investor Temasek Holdings.

Sembcorp Marine and Sembcorp Industries also said that following the rights issue and a settlement of a loan, Sembcorp Industries proposed to demerge its core business from the stake in the rig builder.

The move came after shares in Sembcorp Marine and Sembcorp Industries were halted from last Thursday, prompting speculation among some analysts about a potential deal between the two firms.


Offline zuolun

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Re: Casino Stocks
« Reply #2052 on: June 09, 2020, 09:19:17 AM »
US military deployed warships missiles in South China Sea through Taiwan Strait ~ 9 Jun 2020
https://www.youtube.com/watch?v=JVgNktQ8iug

China shocked: Philippine military, US, Australia and Japan preparing to attack China in SCS ~ 8 Jun 2020
https://www.youtube.com/watch?v=qdQ1QzOmbi0

Navy sends another guided-missile destroyer through Taiwan Strait ~ 8 Jun 2020
https://www.stripes.com/news/pacific/navy-sends-another-guided-missile-destroyer-through-taiwan-strait-1.632855



US prepares troops - Beijing ‘creating fortresses’ defense in South China Sea region ~ 6 Jun 2020
https://www.youtube.com/watch?v=2CJkSp5MkBw

China can’t take over US security presence in Southeast Asia: Singapore PM Lee Hsien Loong ~ 5 Jun 2020
https://www.scmp.com/news/asia/southeast-asia/article/3087649/singapore-pm-lee-hsien-loong-insists-china-cannot-replace



Chinese and Taiwan fighter jet clashes in the Taiwan Strait ~ 4 Jun 2020
https://www.youtube.com/watch?v=YrafKlcP5Gc

中共兵推「24小時解放台灣」可行? 退役艦長:自嗨兵棋推演 ~ 22 May 2020
https://www.youtube.com/watch?v=mkjjHxP04v8

Tension rise: US warships support Malaysia against China pressure in South China Sea ~ 14 May 2020
https://www.youtube.com/watch?v=Is2kwSS_8-s

Tension erupted - China to move aircraft carrier, submarines to take on US navy in SCS  ~ 6 May 2020
https://www.youtube.com/watch?v=23xWHQQl8s4
The Chinese Peoples’ Liberation Army (PLA) plans to move its Shandong aircraft carrier group to the South China Sea to confront the US Navy which has recently moved warships and heavy bombers to the Pacific port of Guam.

Two U.S. warships in South China Sea amid China-Malaysia standoff ~ 21 Apr 2020
https://www.aljazeera.com/news/2020/04/warships-south-china-sea-china-malaysia-standoff-200421055333993.html
The US State Department has said China has been taking advantage of the Asia-Pacific region's focus on the coronavirus pandemic to 'coerce its neighbours'.



川普宣布制裁中共 美議員支持並配合落實 ~ 1 Jun 2020
https://www.youtube.com/watch?v=R_7DT5nsqH4


Offline zuolun

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Re: Casino Stocks
« Reply #2053 on: June 09, 2020, 01:08:21 PM »
Stock futures hold steady after S&P 500 turns positive for the year ~ 8 Jun 2020
https://www.cnbc.com/2020/06/08/stock-market-futures-open-to-close-news.html
Dow @ 27,572.44 (+461.46, +1.70%) on 8 Jun 2020.
NASDAQ @ 9,924.75 (+110.66, +1.13%) on 8 Jun 2020.
S&P 500 @ 3,232.39 (+38.46, +1.2%) on 8 Jun 2020.



20 reasons for a stock market crash ahead! ~ 7 Jun 2020
https://www.youtube.com/watch?v=YnZyrUWGJHc

Stock market crash ahead? - The 2020 FED bubble ~ 6 Jun 2020
https://www.youtube.com/watch?v=-pnZ2DLBxaQ

Global instability, soaring deficits and civil disobedience: Are we back in the 1960s, and what happens next? ~ 5 Jun 2020
https://nationandstate.com/2020/06/05/global-instability-soaring-deficits-and-civil-disobedience-are-we-back-in-the-1960s-and-what-happens-next/



How much is the national debt? What are the different measures used? ~  ~ 5 Jun 2020
https://www.pgpf.org/blog/2020/06/how-much-is-the-national-debt-what-are-the-different-measures-used



With US economy dead since 2008, only thing left for Fed is to print trillions of dollars in debt ~ 4 Jun 2020
https://www.rt.com/business/490753-us-fed-printing-debt/



The economy is in free fall. So why isn’t the stock market? ~ 6 May 2020
https://www.vox.com/covid-19-coronavirus-economy-recession-stock-market/2020/5/6/21248069/stock-market-economy-federal-reserve-jerome-powell
  • Everything is bad, and yet somehow the stock market is good.
  • This rally in equities is clearly not driven by fundamentals — it’s driven by the liquidity support from the Federal Reserve.
  • Companies are getting cash to keep the lights on through the significant support to credit markets.
US is `printing' money to help save the economy from the COVID-19 crisis, but some wonder how far it can go ~ 14 May 2020
https://www.usatoday.com/in-depth/money/2020/05/12/coronavirushow-u-s-printing-dollars-save-economy-during-crisis-fed/3038117001/



April’s rally – Best month since 1987 ~ 6 May 2020
https://fattysfinance.com/2020/05/06/aprils-rally-best-month-since-1987/
This rally does not seem to be supported by fundamentals. How can the stock market do well when the economy is doing so badly? Could this be a * rally?


  • The top sector in the SP 500 is Information Technology, a sector which is doing relatively well compared to other sectors in a lockdown.
  • The second largest sector in the SP 500 is health care, another sector that has been doing well in the recent health crisis.

Offline zuolun

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Re: Casino Stocks
« Reply #2054 on: June 09, 2020, 03:58:58 PM »
STI ~ Bearish Symmetrical Triangle Breakout

STI gapped up and closed with a white marubozu @ 2,796.97 (+45.47, +1.7%) on 8 Jun 2020.

Immediate support @ 2,670, immediate resistance @ 2,812.



STI ~ Bearish Symmetrical Triangle Breakout, interim TP 2,955

STI gapped down and closed with an inverted hammer @ 3,011.08 (-100.62, -3.2%) on 28 Feb 2020.

Immediate support @ 3,000, immediate resistance @ 3,053.



Performance chart ~ DBS, OCBC and UOB Vs STI as at 8 Jun 2020



Performance chart ~ DBS, OCBC and UOB Vs STI as at 26 Mar 2020



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%)]



Wild price movement on the top 6 STI stocks could swing the SiMSCI and vice versa ~ 8 Nov 2013

1. 12.21% for Singtel
2. 11.62% for DBS
3. 10.84% for OCBC
4. 10.73% for UOB
5. 6.35% for KepCorp
6. 3.73% for GLP
Total = 55.48%


Offline zuolun

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Re: Casino Stocks
« Reply #2055 on: June 09, 2020, 04:28:48 PM »
苏小妹:

STI Vs S&P 500 ~ “成也萧何,败也萧何”


STI 的 “萧何” 是 DBS, OCBC and UOB = 45.46%
S&P 500 的 “萧何” 是 Information Technology (25.7%), Health Care (15.4%), Communication Services (10.8%) = 51.9%

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%)]



April’s rally – Best month since 1987 ~ 6 May 2020
https://fattysfinance.com/2020/05/06/aprils-rally-best-month-since-1987/
This rally does not seem to be supported by fundamentals. How can the stock market do well when the economy is doing so badly?


  • The top sector in the SP 500 is Information Technology, a sector which is doing relatively well compared to other sectors in a lockdown.
  • The second largest sector in the SP 500 is health care, another sector that has been doing well in the recent health crisis.

Offline zuolun

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Re: Casino Stocks
« Reply #2056 on: June 10, 2020, 03:15:25 PM »
難兄難弟
https://www.youtube.com/watch?v=1fNAgI0U0S0

Sembcorp Industries and Marine demerger: What you need to know and what to do ~ 9 Jun 2020
https://www.asiaone.com/money/sembcorp-industries-and-marine-demerger-what-you-need-know-and-what-do

Explaining the Sembcorp Industries and Sembcorp Marine rights issue & demerger ~ 8 Jun 2020
https://www.youtube.com/watch?v=lcd5xNxRn2k

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.



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 #2057 on: June 11, 2020, 10:53:22 AM »
Brazil's Comptroller General initiates administrative enforcement procedure against Keppel O&M following 2017 corruption scandal ~ 11 Jun 2020
https://www.theedgesingapore.com/news/offshore-marine/brazils-comptroller-general-initiates-administrative-enforcement-procedure

Keppel balks at notice alleging contract breaches, cancellation ~ 10 Jun 2020
https://www.rigzone.com/news/keppel_balks_at_notice_alleging_contract_breaches_cancellation-10-jun-2020-162350-article/
KepCorp received a notice on June 8 from Awilco Rig 1 Pte. Ltd., a subsidiary of Awilco Drilling PLC, claiming to terminate a US$425m contract for the construction of a mid-water semisubmersible drilling rig for harsh environment use that was originally announced on March 11, 2018. The notice alleges breaches relating to project management, schedule, resourcing, and compliance.

Keppel Corp unveils 10-year roadmap with focus on four key segments ~ 29 May 2020
https://www.straitstimes.com/business/companies-markets/keppel-corp-unveils-10-year-roadmap-with-focus-on-four-key-segments
Keppel, one of the world's largest oil-rig makers, also wants to pivot away from lumpy project-based earnings towards recurring income, in hopes of being rewarded with a market re-rating. It also aims to crank up its efforts to meet a 15% return on equity (ROE) target.

KepCorp ~ Bullish Tower Bottom Reversal

KepCorp closed with a spinning top @ S$6.18 (+0.02, +0.3%) with 3.05m shares done on 10 Jun 2020.

Immediate support @ S$6.08, immediate resistance @ S$6.38.



US commercial crude stocks hit record high amid weak refinery demand, exports ~ 10 Jun 2020
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/061020-us-commercial-crude-stocks-hit-record-high-amid-weak-refinery-demand-exports



U.S. shale could collapse if oil prices don’t bounce back ~ 10 Jun 2020
https://oilprice.com/Energy/Energy-General/US-Shale-Could-Collapse-If-Oil-Prices-Dont-Bounce-Back.html
  • The U.S. shale industry has curtailed production in recent months in response to the very weak oil prices in March and especially April, when the prompt-month WTI Crude futures contract flipped negative a day before it expired.
  • In recent weeks, however, emboldened by the relief rally in oil in May, some U.S. producers have restarted part of the curtailed production.
Oil prices recover losses to settle higher on bets the market may soon 'find balance’ ~ 9 Jun 2020
https://www.marketwatch.com/story/oil-prices-head-lower-for-a-second-session-as-investors-worry-about-oversupply-from-gulf-producers-2020-06-09
WTI crude for July delivery at U$38.94 (+0.75, +2%) a barrel, after trading as low as $37.07 during the session. Prices fell 3.4% on Monday (Jun 8th).





US oil, gas rig count falls 22 to 311, Enverus says, as bottom appears closer ~ 4 Jun 2020
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/060420-us-oil-gas-rig-count-falls-22-to-311-enverus-says-as-bottom-appears-closer
Active US oil rigs fall 17 to 206, gas rigs down 5 to 105.
Permian rig count leads decline; drops 14 to 157.
Some curtailments scaling back with WTI above $30/b.



Offline zuolun

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Re: Casino Stocks
« Reply #2058 on: June 11, 2020, 02:17:39 PM »
Xi Jinping's wife is W.H.O goodwill ambassador ~ 11 Jun 2020
https://www.youtube.com/watch?v=Pp0W2em8G9Y

What happens when you quit the P.L.A? ~ 10 Jun 2020
https://www.youtube.com/watch?v=133mg6InNgk

India-China standoff: The dragon retreats ~ 10 Jun 2020
https://www.youtube.com/watch?v=vzWDiI4GmA4

Weaknesses plaguing the People's Liberation Army ~ 10 Jun 2020
https://www.youtube.com/watch?v=UppZ96i1I5k

Inside People's Liberation Army | A SWOT Analysis ~ 9 Jun 2020
https://www.youtube.com/watch?v=mCJVsdJc22Q

向“西北高原”调兵遣将“恰逢”中印谈判 ~ 9 Jun 2020
https://www.dw.com/zh/%E5%90%91%E8%A5%BF%E5%8C%97%E9%AB%98%E5%8E%9F%E8%B0%83%E5%85%B5%E9%81%A3%E5%B0%86%E6%81%B0%E9%80%A2%E4%B8%AD%E5%8D%B0%E8%B0%88%E5%88%A4/a-53744115



中国从湖北整建制空降兵投送西北高原(官方视频) ~ 6 Jun 2020
https://www.youtube.com/watch?v=o1PKMb1afwc



中美关系恶化 人民币贬值压力增大? ~ 6 Jun 2020
https://www.dw.com/zh/%E4%B8%AD%E7%BE%8E%E5%85%B3%E7%B3%BB%E6%81%B6%E5%8C%96-%E4%BA%BA%E6%B0%91%E5%B8%81%E8%B4%AC%E5%80%BC%E5%8E%8B%E5%8A%9B%E5%A2%9E%E5%A4%A7/a-53706996
中美矛盾加剧导致人民币汇率承压,路透社预测,全球多家银行开始看跌人民币,人民币可能在未来几周内跌破纪录低点。与此同时,中国专家则对人民币币值的稳定充满信心。



U.S. invited South Korea, Australia, India to G7 to check China's rise: Experts ~ 2 Jun 2020
https://www.youtube.com/watch?v=TH7ERuyQ_24



Coronavirus: 5 ways the world is cornering China ~ 16 May 2020
https://www.youtube.com/watch?v=38Kl-PqDBlI
From the United States, to Europe and Africa - leading countries are now building pressure on China.

US increases military pressure on China as tensions rise over pandemic ~ 15 May 2020
https://edition.cnn.com/2020/05/14/politics/us-china-military-pressure/index.html
The Pentagon accused China of exploiting the pandemic to gain military and economic advantages by expanding the areas in which it operates.


Offline MarketTechnicals

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Re: Casino Stocks
« Reply #2059 on: June 12, 2020, 04:45:02 PM »
COMFORT - COMFORT GLOVES BHD can change trend, it has negative divergence ....,know more contact us infor@marketstechnical.com

We are organizing free webinar for KLSE equity market on June 17, 2020

Offline zuolun

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Re: Casino Stocks
« Reply #2060 on: June 13, 2020, 09:17:10 AM »
Hong Kong property enquiries up in street retail sector on stability hopes ~ 12 Jun 2020
https://www.reuters.com/article/us-hongkong-protests-property/hong-kong-property-enquiries-up-in-street-retail-sector-on-stability-hopes-idUSKBN23J0W7
  • Many retailers were forced to close in the past year as anti-government demonstrations and, in recent months the coronavirus pandemic, disrupted business. Retail sales plunged 36.6% in April from a year earlier.
  • The new law aims to curb sedition, secession and terrorism and retailers hope it will bring more than a year of protests to an end.
  • Enquiries for buying and leasing street-level shops have increased at least 50% in the three weeks since the legislation was proposed.
Spike in some HK flat sales raises suspicions about mortgage fraud ~ 21 May 2020
https://www.straitstimes.com/business/property/spike-in-some-hk-flat-sales-raises-suspicions-about-mortgage-fraud
Regulators loosened rules in October, allowing buyers to borrow up to 80% on properties worth HK$10m or less, versus HK$6m previously, but still only enough for small to medium-sized flats in one of the world's most expensive markets. For properties priced above HK$10m, a 50% down payment is required.

HK Land ~ Bullish Tower Bottom Reversal

HK Land closed with a white marubozu unchanged @ US$4.03 with 4.13m shares done on 12 Jun 2020.

Immediate support @ US$3.75, immediate resistance @ US$4.21.



HK Land ~ Bullish Tower Bottom Reversal

HK Land closed with a spinning top @ US$4.12 (+0.05, +1.2%) with 2.84m shares done on 3 Jun 2020.

Immediate support @ US$3.91, immediate resistance @ US$4.26.


Offline zuolun

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Re: Casino Stocks
« Reply #2061 on: June 13, 2020, 09:29:40 AM »
BAT ~ Bullish Tower Bottom Reversal

BAT closed with a hammer @ RM11.00 (+0.06, +0.5%) with 1.21m shares done on 12 Jun 2020.

Immediate support @ RM10.30, immediate resistance @ RM11.44.



BAT ~ Bullish Tower Bottom Reversal

BAT closed with an inverted hammer @ RM11.22 (+0.12, +1.1%) with 1.60m shares done on 3 Jun 2020.

Immediate support @ RM10.88, immediate resistance @ RM11.69.


Offline zuolun

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Re: Casino Stocks
« Reply #2062 on: June 13, 2020, 09:34:16 AM »
HK Land Vs BAT ~ Strong resistance at FIBO 50% and 61.8%, respectively

HK Land ~ Bullish Tower Bottom Reversal

HK Land closed with a white marubozu unchanged @ US$4.03 with 4.13m shares done on 12 Jun 2020.

Immediate support @ US$3.75, immediate resistance @ US$4.21.



BAT ~ Bullish Tower Bottom Reversal

BAT closed with a hammer @ RM11.00 (+0.06, +0.5%) with 1.21m shares done on 12 Jun 2020.

Immediate support @ RM10.30, immediate resistance @ RM11.44.


Offline zuolun

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Re: Casino Stocks
« Reply #2063 on: June 14, 2020, 11:20:19 AM »
How Jay Powell’s coronavirus response is changing the Fed forever ~ 11 Jun 2020
https://time.com/5851870/federal-reserve-coronavirus/
  • The Fed and the Treasury are combining forces to purchase debt when the private market isn’t willing to do so.
  • The Fed will print new dollars to do this, and the debt will effectively reside on the Fed’s balance sheet.
  • This is why the balance sheet is predicted to roughly double this year from about $4.1 trillion before the crisis to $8 trillion or more.
  • The Fed and the Treasury aren’t working together to manage U.S. debt, but they are working together to flood debt markets with new money.
  • Socks have regained most of their lost value since late February, even as unemployment has skyrocketed and the economy has officially entered a recession. Many analysts credit the market boom largely to the Fed’s actions.
DJIA ~ Bullish Tower Bottom Reversal, strong resistance @ 27,139 (FIBO 78.6%)

DJIA closed with a bearish harami cross @ 25,605.54 (+477.3, +1.90%) on 12 Jun 2020.

Immediate support @ 24,780, immediate resistance @ 26,294.



Robinhood market made bursting bubbles Wall Street's obsession ~ 13 Jun 2020
https://ca.finance.yahoo.com/news/robinhood-market-made-bursting-bubbles-110000020.html
Stocks surging now are the ones that fell the most in February and March -- evidence to some observers of a healthy buy-low bent. And while expected earnings may not justify the moves, buying equities when the Federal Reserve has all but guaranteed rock-bottom interest rates through 2022 may be a perfectly logical decision.


Offline zuolun

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Re: Casino Stocks
« Reply #2064 on: June 14, 2020, 02:34:04 PM »
These airlines have resumed flights from Singapore ~ 12 Jun 2020
https://sg.asiatatler.com/life/these-airlines-have-resumed-flights-from-singapore-changi-airport
  • According to an advisory from the Singapore Tourism Board, “only visitors from China will be allowed entry into Singapore from June 8, 2020 for essential visits, via the ‘fast lane’ that will be established between six Chinese provinces and municipalities (Chongqing, Guangdong, Jiangsu, Shanghai, Tianjin and Zhejiang) and Singapore”.
  • Singapore is also in talks with New Zealand, South Korea and Malaysia to establish these “travel bubbles”, and put necessary protocols in place. Some airlines, like Singapore Airlines, have already reinstated their flights to a number of cities.
Singapore Airlines reinstates flights for some destinations in June and July ~ 3 Jun 2020
https://www.businesstraveller.com/business-travel/2020/06/03/singapore-airlines-reinstates-flights-for-some-destinations-in-june-and-july/

Covid-19: Singapore Airlines and SilkAir flight schedules in June and July 2020 ~ 3 Jun 2020
https://www.singaporeair.com/en_UK/sg/media-centre/news-alert/?id=k88gnin9
Customers will also be able to transit through Singapore Changi Airport from selected cities in Australia and New Zealand, to any destination in the SIA Group network currently operated by SIA, SilkAir or Scoot, with effect from 11 June 2020.

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

SIA closed with a spinning top @ S$4.16 (-0.04, -1%) with 17.7m shares done on 12 Jun 2020.

Immediate support @ S$4.12, immediate resistance @ S$4.18.



SIA ~ K线形态之「九连阴」;interim TP S$3.08

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

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


Offline zuolun

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Re: Casino Stocks
« Reply #2065 on: June 17, 2020, 10:37:58 AM »
Charoen's F&N Group Vs  Riady's Lippo Group; whose empire will go down the longkang faster?

OUE C-Reit prices S$100m offering of 4% notes due 2025 ~ 15 Jun 2020
https://investor.ouect.com/news.html/id/783888
Net proceeds from the issuance will be used to refinance Reit borrowings.

DBS Group Research maintained “buy” on OUE C-REIT, TP lowered to S$0.50 ~ 10 Jun 2020
https://www.theedgesingapore.com/capital/brokers-calls/oue-c-reit-now-too-cheap-ignore-dbs

ASEAN’s huaren titans must pay their dues beyond COVID-19 ~ 8 Jun 2020
https://www.aseaneconomist.com/aseans-huaren-titans-must-pay-their-dues-beyond-covid-19/
In 2018, Indonesia’s anti-corruption agency raided 10 locations associated with the Lippo Group, including James Riady’s home. The sting operation centered around allegations of bribery involving the conglomerate’s $21 billion real estate project it’s dubbed “the Shenzhen of Indonesia”. Some of the group’s executives were imprisoned over the scandal, but Riady insisted he was unaware of the graft and that the project “wasn’t his idea”.

OUE C-Reit ~ Bullish Tower Bottom Reversal

OUE C-Reit closed with a doji @ S$0.41 (+0.02, +5.1%) with 1.87m shares done on 16 Jun 2020.

Immediate support @ S$0.38, immediate resistance @ S$0.42.



OUE C-Reit ~ Trading in an intermediate upward sloping channel

OUE C-Reit closed with a hanging man @ S$0.535 (+0.005, +0.9%) with 1.76m shares done on 8 Aug 2019.

Immediate support @ S$0.52, immediate resistance @ S$0.54.


Offline zuolun

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Re: Casino Stocks
« Reply #2066 on: June 18, 2020, 08:59:34 AM »
SGX ~ Bearish (Island Top + Tower Top) Reversal

SGX closed with a black marubozu @ S$8.17 (-0.05, -0.6%) with 3.33m shares done on 17 Jun 2020.

Immediate support @ S$8.00, immediate resistance @ S$8.50.



SGX (weekly) ~ Trading in an upward sloping channel ~ 17 Jun 2020



SGX to share fund-raising expertise in tie-up with Ucommune ~ 13 Jun 2020
https://www.straitstimes.com/business/companies-markets/sgx-to-share-fund-raising-expertise-in-tie-up-with-ucommune
"The strategic partnership will allow SGX to support Ucommune's members in understanding equity and debt capital raising, as well as tapping international funding via Singapore's capital markets," SGX said. As of the end of last year, Ucommune had a global network of over 710,000 members and operates about 200 co-working spaces in 44 cities across Greater China, Singapore and New York.

SGX: ETF, securities turnover up in May on reopening ~ 9 Jun 2020
https://www.straitstimes.com/business/companies-markets/sgx-etf-securities-turnover-up-in-may-on-reopening
  • The market turnover value for ETFs last month surged 73% year on year to $302 million, as the SPDR Straits Times Index ETF traded nearly three times higher year on year at $88 million, on the back of $57 million in net inflows during the month.
  • Total securities market turnover value rose 17% year on year to $27.2 billion, while securities' daily average value on the bourse climbed 37% year on year to $1.51 billion.
  • Total traded volume of FX futures on SGX rose 17% month on month to two million contracts, while commodities volume rebounded 25% month on month in May to 2.16 million contracts.
Tiger brokers adds SGX trading to platform ~ 9 Jun 2020
https://www.finews.asia/finance/31969-tiger-brokers-adds-sgx-singapore-exchage-trading-to-platform-eng-thiam-choon
The global online stock brokerage is adding Singapore Exchange (SGX) to its list of stock exchanges offered on its online trading platform to meet increasing demand among Singapore and Southeast Asian investors.

SGX launches Singapore single stock futures ~ 2 Jun 2020
https://www.finews.asia/finance/31913-sgx-launches-singapore-single-stock-futures
In response to growing client demand for a broader suite of Singapore-linked equities products, Singapore Exchange (SGX) will launch 10 Singapore Single Stock Futures (SSFs) on 15 June 2020.

SGX closed @ S$8.17 on 17 Jun 2020.


Offline zuolun

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Re: Casino Stocks
« Reply #2067 on: June 18, 2020, 10:48:58 AM »
疫情推高产品需求 医疗保健股今年总回报攀升35% ~ 12 Jun 2020
http://sg.mofcom.gov.cn/article/jrkj/202006/20200602973483.shtml

Medtecs International: The ‘forgotten’ healthcare stock ~ 9 Oct 2019
https://www.investor-one.com/editorial/9367-Medtecs-International-The-Forgotten-Healthcare-Stock

Medtecs Intl ~ Bearish Volume Price Divergence, downside biased

Medtecs Intl closed with a spinning top @ S$0.275 (-0.005, -1.8%) with 6.95m shares done on 17 Jun 2020.

Immediate support @ S$0.265, strong resistance @ S$0.29.



Medtecs Intl ~ Bullish Major Trend Reversal

Medtecs Intl closed with a doji @ S$0.088 (+0.001, +1.1%) with 23.8m shares done on 1 Apr 2020.

Immediate support @ S$0.076, immediate resistance @ S$0.094.


Offline zuolun

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Re: Casino Stocks
« Reply #2068 on: June 19, 2020, 08:34:35 AM »
Estimating First REIT’s DPU impact from lease renewal ~ 8 Jun 2020
http://www.probutterfly.com/blog/estimating-first-reit-s-dpu-impact-from-lease-renewal

Lippo Karawaci to renegotiate rental support with First REIT ~ 1 Jun 2020
https://www.theedgesingapore.com/news/covid-19/lippo-karawaci-renegotiate-rental-support-first-reit

First Reit ~ Bullish Tower Bottom Reversal

First Reit closed with a white marubozu @ S$0.74 (+0.025, +3.5%) with 3.58m shares done on 18 Jun 2020.

Immediate support @ S$0.70, immediate resistance @ S$0.76.


Offline zuolun

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Re: Casino Stocks
« Reply #2069 on: June 19, 2020, 12:10:53 PM »
StarHub's Q1 net profit drops 25.7% ~ 6 May 2020
https://www.youtube.com/watch?v=_Jjsk3giHiA

Starhub ~ Trading in a downward sloping channel, interim TP S$1.075

Starhub closed with a spinning top @ S$1.33 (-0.01, -0.7%) with 3.25m shares done on 18 Jun 2020.

Immediate support @ S$1.30, immediate resistance @ S$1.375.



Starhub ~ Trading in a downward sloping channel, interim TP S$1.24

Starhub closed with a hanging man @ S$1.46 (+0.02, +1.4%) with 1.43m shares done on 22 Nov 2019.

Immediate support @ S$1.42, immediate resistance @ S$1.47.


Offline zuolun

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Re: Casino Stocks
« Reply #2070 on: June 19, 2020, 12:42:53 PM »
苏小妹:

Starhub 与 First Reit 的图形显示「死猫跳」已经结束了。

如果「last low」被 穿破;这两只股票的股价都会继续往下跌,一直掉到再创新低「lower low」。

 
Starhub ~ Trading in a downward sloping channel, interim TP S$1.075

Starhub closed with a spinning top @ S$1.33 (-0.01, -0.7%) with 3.25m shares done on 18 Jun 2020.

Immediate support @ S$1.30, immediate resistance @ S$1.375.



First Reit ~ Bullish Tower Bottom Reversal

First Reit closed with a white marubozu @ S$0.74 (+0.025, +3.5%) with 3.58m shares done on 18 Jun 2020.

Immediate support @ S$0.70, immediate resistance @ S$0.76.


Offline zuolun

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Re: Casino Stocks
« Reply #2071 on: June 19, 2020, 03:53:57 PM »
一代过去,一代又来。地却永远长存。日头出来,日头落下,急归所出之地。风往南刮,又向北转,不住地旋转,而且返回转行原道。江河都往海里流,海却不满。江河从何处流,仍归何处……。已有的事,后必再有。已行的事,后必再行。日光之下并无新事。

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."


習近平 崇禎 他們像嗎? ~ 14 Feb 2020
https://www.youtube.com/watch?v=mav5uTZnW34

历史重演:习近平像明朝最后一位皇帝崇祯 ~ 4 Dec 2019
http://www.asianews.it/news-zh/%E5%8E%86%E5%8F%B2%E9%87%8D%E6%BC%94%EF%BC%9A%E4%B9%A0%E8%BF%91%E5%B9%B3%E5%83%8F%E6%98%8E%E6%9C%9D%E6%9C%80%E5%90%8E%E4%B8%80%E4%BD%8D%E7%9A%87%E5%B8%9D%E5%B4%87%E7%A5%AF-48727.html
崇祯皇帝在宫廷的内部斗争中迷失了自己,不担心与外敌实现和平。他用镇压作为保持人民顺服的唯一途径。他有一个虚假的爱国和傲慢的统治阶级。习近平是崇祯的完美「兄弟」,崇祯以自缢结束了自己的生命,更失去了帝国。曾經被稱為中国的「民主之父」魏京生的反省,题为《历史的宿命》。



习近平要谨记崇祯之教训 ~ 19 Dec 2017
https://www.youtube.com/watch?v=ye50ABLA9Z4

Xi Jinping and the Chinese dream ~ 4 May 2013
https://www.economist.com/leaders/2013/05/04/xi-jinping-and-the-chinese-dream
IN 1793 a British envoy, Lord Macartney, arrived at the court of the Chinese emperor, hoping to open an embassy. He brought with him a selection of gifts from his newly industrialising nation. The Qianlong emperor, whose country then accounted for about a third of global GDP, swatted him away: “Your sincere humility and obedience can clearly be seen,” he wrote to King George III, but we do not have “the slightest need for your country’s manufactures”. The British returned in the 1830s with gunboats to force trade open, and China’s attempts at reform ended in collapse, humiliation and, eventually, Maoism.



崇禎帝
https://zh.wikipedia.org/wiki/%E5%B4%87%E7%A6%8E%E5%B8%9D
崇祯(公元1628年—1644年)是明思宗朱由检的年号。崇祯是明朝作为大一统王朝的最后一个年号。明朝败亡之后,李氏朝鲜的士族出于小中华思想,在国中仍然使用崇祯年号,如崇祯纪元后八十三年(1710年)、崇祯后再癸丑(1733年)、崇祯后百三十八年(1765年)等等,这被称作“崇祯纪元”。


Offline zuolun

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Re: Casino Stocks
« Reply #2072 on: June 21, 2020, 08:59:50 AM »
苏小妹:

SGX的股价走势证实了胡立阳所说的「最简单的技术分析理论」。


SGX closed @ S$8.29 (+0.13, +1.6%) on 19 Jun 2020.



10 Single Stock Futures to enhance Singapore portfolio management ~ 15 Jun 2020
https://www.youtube.com/watch?v=BouNlGnFfNY

SGX firms' Q1 profits skid almost 40% Q2 expected to worsen

Tay Peck Gek
4 Jun 2020

About one in three locally listed firms chalked up losses for the quarter ended in January to March, with total profits down almost 40%. This was a much poorer showing than last year, when a trade war took its toll on companies. But  p-u-n-d-i-t-s  said the April-to-June quarter corporate results could be uglier.

Of the 155 companies listed on the Singapore Exchange that had issued their quarterly scorecards as at May 29, 53 were in the red and 102 were profitable. Their total earnings were down 38.5 per cent to S$4,896.2 million from a year earlier, according to data compiled by The Business Times.
 
This was the first set of earnings delivered by listed companies after the novel coronavirus hit Singapore shores in late January. In the corresponding period last year, the total net profit of listed companies increased 4 per cent. The proportion of loss-making companies was roughly the same though, at one in three.
 
Among those that slipped into losses in the most recent quarter was Singapore Airlines (SIA), which racked up its largest-ever quarterly loss of S$732.4 million. SIA had reported a net profit of S$202.6 million in the same period a year earlier.
 
The airline was blindsided by fuel hedging losses as fuel prices plunged towards the end of the quarter as airlines globally grounded their fleets.
 
CGS-CIMB research head Lim Siew Khee said the level of detail of business updates provided by the companies has affected the current earnings read-through, after mandatory quarterly reporting was scrapped for most companies.
 
Nonetheless, based on the data available, her team noted that there were more disappointments in the companies under coverage, with 23 having missed the research house' s expectations and 12 having beat forecasts. Another 23 were in line with expectations.
 
Companies in the retail and hospitality sectors, as well as capital goods were those that had disappointed in particular. The capital goods companies faced a double whammy of lower oil prices and the pandemic. Conversely, consumer staples, gloves and small-cap tech had thrived, Ms Lim said.
 
Credit Suisse' s private banking research head for South-east Asia, Kum Soek Ching, also said the earnings reported by Singapore companies for the quarter ended March had generally come in below expectations, with the exception of the financial and real estate sectors. " For the banks, loans growth had held up better than expected due to corporate demand and draw-downs on credit lines," she said. " The sharp decline in SOR (swap offer rate) and Sibor (Singapore interbank offered rate) only began in March, so the full impact on (bank) margins will only be seen in the April-June quarter and beyond."
 
The Q1 operating performance of the real estate investment trusts (Reits) had also not fully reflected the impact of Covid-19 and the circuit breaker, although distribution payouts have already been cut, especially among retail Reits, Ms Kum said.
 
Meanwhile, Maybank Kim Eng analysts Thilan Wickramasinghe and Lai Gene Lih pointed out that almost all sectors saw significant declines in after-tax profits, especially industrials, healthcare and property.
 
Financials recorded the smallest after-tax profits contribution since the offshore and marine crisis in 2017, they said, while losses posted by industrials and transportation were largely driven by Singapore Airlines. This was despite the limited extent of lockdowns in January and early February.
 
Said the Maybank KE analysts in a report: " Widely varying levels of trading update disclosures seen following the shift to half-yearly reporting on SGX (Singapore Exchange) may further cloud clarity on operating conditions, especially in an environment where circumstances change almost weekly."
 
Analysts expect firms to post lower earnings in the April-June quarter, as Singapore' s " circuit breaker" was in place for most of this period.
 
Said Credit Suisse' s Ms Kum: " Q1 earnings performance is hardly representative of 2020' s performance, as Q2 is expected to be worse due to the circuit breaker, and the cautious and phased reopening of the Singapore economy suggests a slow recovery ahead."
 
She also said management guidance in general has indicated much uncertainty about the outlook. Hence, earnings downgrades have continued even for companies that have met or exceeded market expectations in the January-March quarter.
 
The consensus points to an 18 per cent decline in market earnings in 2020. Ms Kum expects downside risk to the earnings estimates, given what is shaping up to be an unprecedented economic recession in Singapore.
 
Nevertheless, CGS-CIMB' s Ms Lim said corporate earnings in April-June should be somewhat supported by the 75 per cent wage payouts from the government as well as some belt tightening on the part of corporates.
 
CGS-CIMB sees the earnings of the Straits Times Index component companies declining 22 per cent in FY2020, but increasing 10 per cent in FY2021. The research house sees banks leading the recovery in FY2021, while rental and occupancy pick-ups for landlords and the hospitality sectors could drive a 9 per cent earnings rebound for Reits and developers - provided there' s no new wave of Covid-19 cases.
 
Maybank KE said there are likely to be significant downgrades in earnings forecasts in subsequent quarters, as the economy heads towards quarters that are bearing the brunt of lockdowns.
 
Despite that, Singapore' s stock market has rallied with those in the region. Maybank KE' s Mr Wickramasinghe explained: "We have had significant amounts of liquidity injected into the system through stimulus measures regionally and there is optimism as economies open up from lockdowns."

Offline odie

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Re: Casino Stocks
« Reply #2073 on: June 22, 2020, 04:35:03 AM »
Sold MA 308.29
Sold khc

Offline zuolun

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Re: Casino Stocks
« Reply #2074 on: June 22, 2020, 02:56:50 PM »
王维洛:水坝与城镇化过渡开发加剧南方水灾灾情 ~ 19 Jun 2020
http://www.rfi.fr/cn/%E4%B8%AD%E5%9B%BD/20200619-%E7%8E%8B%E7%BB%B4%E6%B4%9B-%E6%B0%B4%E5%9D%9D%E4%B8%8E%E5%9F%8E%E9%95%87%E5%8C%96%E8%BF%87%E6%B8%A1%E5%BC%80%E5%8F%91%E5%8A%A0%E5%89%A7%E5%8D%97%E6%96%B9%E6%B0%B4%E7%81%BE%E7%81%BE%E6%83%85



Floods caused huge disasters in southern China; design errors put Three Gorges Dam in danger ~ 16 Jun 2020
https://www.youtube.com/watch?v=QygrsPmemOs



Three Gorges Dam is safe, say China officials, dismissing online rumors ~ 9 Jul 2020
https://www.reuters.com/article/us-china-hydropower-threegorges/three-gorges-dam-is-safe-say-china-officials-dismissing-online-rumors-idUSKCN1U40QB
The 185-metre Three Gorges Dam has been one of China’s most expensive and most controversial engineering projects, submerging entire villages, displacing millions of people and disrupting ecosystems. Critics say it has also increased earthquake and landslide risks in the region.



江澤民拿三峽與李鵬做交易 王維洛揭內幕 ~ 28 Jul 2016
https://www.epochweekly.com/b5/490/16757.htm


Offline zuolun

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Re: Casino Stocks
« Reply #2075 on: June 23, 2020, 10:08:28 AM »
苏小妹:

炒股最重要学的是;如何看懂大盘怎样用「算法交易」 (Algorithmic Trading) 来操纵股价。SGX 有 104,600 shares @ S$8.13 是用了「算法交易」来完成的 (Algo SELL trades done based on Market Depth at 16:09:59 on 22 Jun 2020)。这些交易量 @ S$8.13 都是属于「卖空」= short-sell volume.


Basics of Algorithmic Trading (算法交易): Concepts and Examples
https://www.investopedia.com/articles/active-trading/101014/basics-algorithmic-trading-concepts-and-examples.asp
  • Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to place a trade. The trade, in theory, can generate profits at a speed and frequency that is impossible for a human trader.
  • The defined sets of instructions are based on timing, price, quantity, or any mathematical model. Apart from profit opportunities for the trader, algo-trading renders markets more liquid and trading more systematic by ruling out the impact of human emotions on trading activities.
SGX closed @ S$8.12 (-0.17, -2.05%) on 22 Jun 2020.


Offline odie

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Re: Casino Stocks
« Reply #2076 on: June 23, 2020, 03:18:43 PM »
Prime Minister Lee Hsien Loong to make live national speech at 4pm

Offline zuolun

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Re: Casino Stocks
« Reply #2077 on: June 25, 2020, 12:23:26 PM »
煮豆燃豆萁,
豆在釜中泣。
本是同根生,
相煎何太急。

PSP will have to prove that Lee Hsien Yang’s ambitions are not personal ~ 24 Jun 2020
https://www.ricemedia.co/current-affairs-ge2020-psp-prove-lee-hsien-yang-ambitions-not-personal/

GE2020: Lee Hsien Yang joins Progress Singapore Party ~ 24 Jun 2020
https://www.youtube.com/watch?v=xXhfnAzlK7M

A message from Mr Lee Hsien Yang to all Singaporeans ~ 24 Jun 2020
https://www.youtube.com/watch?v=m7eMqLUNohc



Dr Tan Cheng Bock introduces Progress Singapore Party ~ 14 Jun 2020
https://www.youtube.com/watch?v=sHwY585eNCA

What do Singaporeans have to lose by sending Dr Tan Cheng Bock to Parliament? ~ 25 Apr 2020
https://www.onlinecitizenasia.com/2020/04/25/what-do-singaporeans-have-to-lose-by-sending-dr-tan-cheng-bock-to-parliament/


Offline zuolun

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Re: Casino Stocks
« Reply #2078 on: June 25, 2020, 03:17:44 PM »
報導武漢疫情 公民記者張展被批捕 ~ 23 Jun 2020
https://www.youtube.com/watch?v=mvitQArehMM

Chinese citizen journalist arrested after reporting on coronavirus from Wuhan ~ 23 Jun 2020
https://www.scmp.com/news/china/politics/article/3090308/chinese-citizen-journalist-arrested-after-reporting-coronavirus
  • Zhang Zhan is being held in police custody in Shanghai’s Pudong district on public disturbance charges, her father confirms
  • The 37-year-old live-streamed from the outbreak epicentre in February and wrote an article critical of the authorities’ response
When David became Goliath

June 25th, 2020

Just received an op-ed from the New York Times in my email. The story is entitled “Tech Goliaths Act Like Davids,” and the main thrust of the story is that the tech giants like Google, Apple, Facebook, Uber and so on have become the corporate bullies that they once fought against. The story can be found at: https://www.nytimes.com/2020/06/22/technology/big-tech-underdogs.html

If one studies history, one will notice that this isn’t a new story. History is filled with examples of young, vibrant revolutionaries who fought to overthrow an overbearing power and once they had succeeded, they proceeded to behave as the power that they overthrew.

As an ethnic Chinese, I think of Mao, who lead a peasant army to overthrow a corrupt regime that was oppressing the poor. However, once in power, the communist proceeded to enforce an iron grip on power and proved to be as nasty if not more so than the nationalist that they overthrew. There are other examples. In the Middle East, there’s the example of Naser who overthrew a corrupt and repressive monarchy, only to replace it with another form of dictatorship that has stifled progress.

I think of Singapore, the country that has been my home for the last two decades. We’ve been run by the same party since our independence in 1965. While the party has delivered prosperity and done well by the citizens for the most part, they’ve moved a long way, as in a very long way, from the party that was a plucky upstart fighting to rid us from the yoke of colonial rule and later race-based politics of the Malaysian Federation. The part that once wrote a national pledge of “Regardless of Race, Language or Religion,” now stresses the fact that “The population is not ready for a non-Chinese Prime Minister,” and delightfully uses every trick in the book to ensure that it wins more than 60 percent of available seats in parliament (it remains an achievement for our rag-tag opposition to contest let alone win seats).

Why is this the case? The answer is as simple as this fact – power is exceedingly addictive. The people who get power tend not to want to lose it. Young idealist who become revolutionaries to get rid of entrenched powers becoming the very entrenched powers that they overthrew. This remains true in business and politics.

Some systems have found a way to survive this. In America, the political system was designed to limit the damage a bad leader could do. Presidents have to share power with Congress and a Supreme Court and much of the power over citizens is devolved to local governments. Furthermore, Presidents are limited to two terms of four years. Thus, you only put up with an incompetent leader for eight years at the most and no individual has to chance to hang on for years until they get drunk and senile with power.

This system works in America because there’s a reverence to the constitution and laws and there’s a press to keep the powers that be on its toes. In places that don’t have this, there is a real danger that the man in charge can merely change the laws. China is a case in point. Prior to President Xi’s ascension, it was understood that a generation of leaders would step down after a decade. While China didn’t have elections, it had some form of leadership renewal. Unfortunately, this is no longer the case and one cannot assume that President Xi, may enjoy his power a little too much, even at the risk of the wealth that the Chinese people have grown used to.

The same is true in business. The story in dynamic economies is that of plucky start-ups with a bright idea or a new technology taking on and taking market share from established firms. The problem is that once the start-ups become big firms with deep pockets, the game no longer becomes about coming up with new products that delight consumers but about enhancing market share and getting consumers to continue buying what you’ve been selling them. As I was once told, “Big firms don’t innovate, they just buy small firms that do.”

While the dangers of minimal competition for businesses are less obvious than that for political leaders, they are non the less very present. Businesses that become too interested in their market position tend to forget that consumers can find and will find alternatives. I think of Singapore’s media scene, which could not accept competition and kept peddling the myth that Singapore was too small for media competition. The established media powers were so busy defending their turf that they failed to see people moving away from printed newspapers and terrestrial television. They even got the government onto their side in branding online media as “anti-establishment.” There was one small problem. Consumers stopped reading newspapers and the advertisers noticed. Singapore Press Holdings (SPH) has had to diversify into old folks’ homes to keep shareholders happy and more recently had to suffer the indignity of being kicked off the stock exchange index.

Successful big firms are the ones that find a way of growing big but keeping their units running like start up enterprises. Big law firms are trying to do that, working as a big unit in the centre for things like branding and HR policy but getting their respective practices to compete for business like sole proprietorships. In theory this should prevent the groups from becoming immune to market forces.
The other factor for businesses is law. Laws that prevent companies from becoming monopolies should be made stronger.

Let’s go back to tech as an example. Microsoft was once a start-up that had a clear goal of having a desktop on every desk running its software. It became a monopoly and defended it tooth and nail. Unfortunately, Microsoft was late into the internet and thus lost ground to Google. Microsoft has only become a dynamic player under its current CEO, Satya Nadella, who moved it away from defending its old business market.

Limits on power are not just good for consumers or voters. They are actually good for incumbents as it keeps them on their toes and forces people to innovate. The Goliaths of the day should remember that they had their best victories as Davids and trying to crush today’s Davids will only lead to them sharing the fate of Goliath.

 

Tang Li

*Although I’ve been based mainly in Singapore for nearly two decades, I’ve had the privilege of being able meet people who have crossed borders and cultures. I’ve befriended ministers and ambassadors and worked on projects involving a former head of state. Yet, at the same time, I’ve had the privilege of befriending migrant labourers and former convicts. All of them have a story to tell. All of them add to the fabric of life. I hope to express the stories that inspire us to create life as it should be.

Offline odie

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Re: Casino Stocks
« Reply #2079 on: June 26, 2020, 07:18:08 AM »
https://www.channelnewsasia.com/news/business/-total-disaster---phantom-billions-plunge-wirecard-into-chaos-12859662

Offline zuolun

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Re: Casino Stocks
« Reply #2080 on: June 26, 2020, 02:29:59 PM »
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.



Singapore properties have been in a strong uptrend for the past 40 years. Property prices have surged by more than 12 times; for investment properties with rental income, investors would have enjoyed an average of 12% to 15% return per annum over the years.



Property sector kept at 'overweight' by CGS-CIMB with CapitaLand, CityDev, and UOL as top picks ~ 25 Jun 2020
https://www.theedgesingapore.com/capital/brokers-calls/property-sector-kept-overweight-cgs-cimb-capitaland-citydev-and-uol-top-picks

Exploration deck opens at Raffles City Chongqing ~ 9 Jun 2020
https://www.businesstraveller.com/business-travel/2020/06/09/exploration-deck-opens-in-raffles-city-chongqing/



Inside Raffles City Chongqing's The Crystal Exploration Deck ~ 4 Jun 2020
https://www.youtube.com/watch?v=-pMD5DCh9-o

Opening ceremony of The Crystal's Exploration Deck at Raffles City Chongqing ~ 4 Jun 2020
https://www.youtube.com/watch?v=O6MABuEFTb4



三峡生死抉择,保重庆或保武汉?定了!官方溃坝3条件达到! ~ 24 Jun 2020
https://www.youtube.com/watch?v=EOMD6Oe-KO8

Deadly floods and torrential rain in China affect over 8.5 million people ~ 24 Jun 2020
https://www.youtube.com/watch?v=Guy3F9QBJFw

Expert warns: Three Gorges Dam could collapse ~ 23 Jun 2020
https://www.youtube.com/watch?v=n6QyfrS7ARI
With the continuous rainfall in China, an expert warns that one of the world's largest dams sitting above the Yangtze river is at risk of collapse, possibly impacting over 400-million people downstream.



重慶綦江80年來大水!洪水倒灌4萬人撤離 ~ 23 Jun 2020
https://www.youtube.com/watch?v=rAupJMQUJew

上下游都水災三峽大壩「進退兩難」 高出防洪水位2米 若潰壩一天沖毀南京 ~ 23 Jun 2020
https://www.youtube.com/watch?v=zn5S_LoU4yw

重慶綦江現1940年來最大洪水 三峽大壩上下游均告急 大災難中如何自救? ~ 23 Jun 2020
https://www.youtube.com/watch?v=oxFtNaIwwIM


Offline zuolun

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Re: Casino Stocks
« Reply #2081 on: June 26, 2020, 06:19:29 PM »
GENM (4715) ~ Trading in a downward sloping channel, interim TP RM1.83

GENM closed with a spinning top @ RM2.58 (+0.02, +0.8%) with 19.1m shares done on 26 Jun 2020.

Immediate support @ RM2.45, immediate resistance @ RM2.65.



GENM (weekly) ~ Trading in a downward sloping channel ~ 26 Jun 2020



GENM (4715) ~ Trading in an intermediate upward sloping channel, critical support @ RM3.00

GENM closed with a long-legged doji @ RM3.21 (+0.01, +0.3%) with 10.9m shares done on 16 Dec 2019.

Immediate support @ RM3.10, immediate resistance @ RM3.26.


Offline zuolun

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Re: Casino Stocks
« Reply #2082 on: June 27, 2020, 09:00:10 AM »
Why the 200d SMA is important:
The Simple Moving Average (SMA) is the average price of an asset over a certain period of time. It is calculated by adding up the closing prices over a certain number of time periods, and then dividing by that number of time periods. SMA’s are used to measure momentum. The most watched SMA is the 200 day, it is widely recognized as the dividing line between bull and bear territory. The primary trend is considered to be up as long as the market is trading above its 200-day moving average but this trend turns bearish whenever the market closes below this average.

FBMKLCI ~ Bearish Double Top Chart Pattern, strong resistance at the 200d SMA or @ 1,512

FBMKLCI closed with a spinning top @ 1,488.14 (-1.06, -0.1%) on 26 Jun 2020.

Immediate support @ 1,480, strong resistance @ 1,512.



A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
https://www.investopedia.com/terms/d/doubletop.asp

There are 3 types of Double Top Chart Patterns:
  • Same high
  • Higher than the last high
  • Lower than the last high

Offline zuolun

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Re: Casino Stocks
« Reply #2083 on: June 27, 2020, 12:11:17 PM »
大石「砸」死蟹
https://www.youtube.com/watch?v=dcHTRNFLnD0

STI ~ Trading in a downward sloping channel

STI closed with a spinning top @ 2,604.51 (+14.36, +0.6%) on 26 Jun 2020.

Immediate support @ 2,555, immediate resistance @ 2,670.



Singapore retail investors buy into stocks offloaded by institutions ~ 26 Jun 2020
https://www.theedgesingapore.com/news/singapore-economy/singapore-retail-investors-buy-stocks-offloaded-institutions
  • Individuals have pumped a net $4.8 billion into the city-state’s stocks since March, whereas institutions offloaded a similar amount in the same period. The divergence began to become apparent in March, when retail investors put in an aggregate of $1.9 billion and professional investors sold around $1.8 billion.
  • Individual investors are drawn by high dividend yields offered by the nation’s stocks, “and they are sitting at home, they have nothing to do.”
  • Some are using creative ways to take advantage of low valuations as well, using advances on credit cards and loading up on debt and leverage to purchase more shares. Online brokerage apps with low transaction fees also helped boost the retail trading activity.

Offline zuolun

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Re: Casino Stocks
« Reply #2084 on: June 28, 2020, 01:17:36 PM »
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%)]

苏小妹:

国家银行持续的支持是来自于政府的PPT。


DBS ~ Potential Bearish Butterfly Pattern

DBS closed with a spinning top @ S$20.82 (+0.13, +0.6%) with 4.13m shares done on 26 Jun 2020.

Immediate support @ S$20.21, immediate resistance @ S$21.35



Bearish Butterfly Pattern Conditions:
AB/XA-0.786
BC/AB=0.382-0.886
CD/BC=1.618-2.24
AD/XA=1.27-1.41



HSBC has little chance of recouping Hin Leong losses ~ 24 Jun 2020
https://finance.yahoo.com/news/hsbc-among-banks-grim-chances-113952129.html
The prospects for HSBC and other banks to recover losses from a failed Singapore oil trader are dimmer than originally thought, after an accounting review found the energy firm overstated assets by US$3 billion and fabricated documents on a “massive scale”.

Citi Singapore to return wage support funding ~ 21 May 2020
https://www.straitstimes.com/business/banking/citi-singapore-to-return-wage-support-funding
  • About 80% of Citi’s total headcount of some 8,500 employees here are Singapore citizens or permanent residents (PRs), which will bring JSS funding to tens of millions for a multinational corporation such as Citi.
  • (**DBS’s total headcount at 27,060 people, based on Q2 2019 results.)
  • Under the JSS scheme, the government co-funds a percentage of gross monthly wages paid to each local employee (Singapore citizens and PRs) for nine months from April in four tranches.
  • For employers in sectors other than aviation, tourism, and food services, the government will co-fund 25% of the first $4,600 of gross monthly wages per local employee in most months.
  • This works out to a maximum of $1,150 per local employee. But to be clear, the JSS co-funding support in April and May 2020 will be 75% for all sectors.
ASEAN banks prepare for flood of bad loans amid coronavirus havoc

DBS and Siam Commercial ramp up provisions as economic outlook deteriorates

Dylan Loh, Nikkei staff writer
May 8, 2020 13:31 JST

SINGAPORE -- Across the Association of Southeast Asian Nations, banks are bracing for a tide of nonperforming loans as the coronavirus pandemic rattles companies' cash flows and creates difficulties in repaying debt.

Singapore-based Oversea-Chinese Banking Corp. on Friday said its net profit for the first quarter ended March tumbled 43% year-on-year to 698 million Singapore dollars ($495 million), as it increased its total allowances by 165% to SG$657 million from SG$249 million a year earlier due to oil and gas exposure and worsening economic conditions.

"We paid close watch on our credit portfolio against the market uncertainty, and significantly shored up our allowances on a forward-looking basis," OCBC group CEO Samuel Tsien said. While the bank's nonperforming loan ratio held steady at 1.5%, OCBC expected it to rise to between 2.5% to 3.5% on "near-term economic weakness and uncertainty."

Credit rating agencies, including Moody's, in April began downgrading the outlook for banks in the region, despite efforts from governments to roll out billions of dollars' worth of stimulus packages to save businesses.

"The economic and market upheaval caused by the outbreak will depress business activity and increase banks' asset risk," Moody's said in a report released on April 2.

"It boils down to deteriorating market sentiment about credit and recession risks," said Wilson Teo, customer success manager for the Asia-Pacific region at financial market data provider Refinitiv. "Companies will struggle as the coronavirus takes its toll on the economy. That makes interbank lending more risky since banks tend to suffer losses if companies fail."

In its global economic outlook released in April, the International Monetary Fund projected that the five largest developing economies among the 10 countries in the Association of Southeast Asian Nations -- Indonesia, Thailand, Malaysia, Philippines and Vietnam -- would contract by 0.6% in 2020. It had estimated in January economic growth of 4.8% for those five countries.



The four largest commercial banks in Thailand -- Bangkok Bank, Siam Commercial Bank, Krung Thai Bank and Kasikornbank, which all have a relatively higher nonperforming loan ratio of between 3.2% and 4.4% -- will increase provisions to prepare for bankruptcies caused by the coronavirus pandemic.

As of March 31, the four banks accumulated provisions worth a total of 87.6 billion baht ($2.7 billion), an increase of 24.3% from the end of 2019. Siam Commercial Bank recorded the largest increase with 52.7%, as it had the lowest amount of provisions as of Dec. 31.

"The COVID-19 pandemic is taking a toll on people and the private sector," said Arthid Nanthawithaya, chairman of the executive committee and CEO of Siam Commercial Bank. "It also poses significant challenges to the banking sector, both in terms of revenues and asset quality, which will become apparent in subsequent quarters."

Siam Commercial Bank is also canceling its 16-billion-baht share repurchase program, saying the decision would give it flexibility to seize potential business opportunities that may arise from the crisis.

Thai banks decided in late February to offer coronavirus-hit companies a yearlong grace period on loan repayments. Individuals who are laid off and have mortgages are also eligible for the same grace period.

Don Nakornthab, senior director for the economic and policy department of the Thai central bank, said the sector had enough capital buffer for a potential upsurge in bad debt and debt restructuring cases stemming from the coronavirus outbreak, according to local media.



Fitch Ratings, however, downgraded the outlook for Thai banks to "bbb" from "bbb+" and noted that as the duration of the pandemic remained unclear, the impact on business for banks looked "sharply negative." The agency revised down the long-term issuer default ratings of Bangkok Bank, Kasikornbank, Siam Commercial Bank and Bank of Ayudhya.

"The banking sector's performance indicators had already been weakening over the past few years due to muted economic conditions, sustained low interest rates, and competitive forces that reduced growth in fee income," Fitch said. "The coronavirus outbreak has added considerably to these pressures."

In Singapore, seen by many analysts as a bellwether for the region, cracks have started to show. Southeast Asia's largest lender DBS Group Holdings booked a net profit of SG$1.17 billion in the first-quarter -- a 29% dip from a year ago.

It set aside a further SG$703 million in general allowances for risks arising from the pandemic, raising the total provisions set aside by 29% to SG$3.23 billion. The bank is also exposed in terms of loans to embattled oil player Hin Leong Trading to the tune of $290 million.

Hin Leong buckled as oil prices tanked from drastically reduced demand as the pandemic shut down economies across the globe. That only served to worsen conditions in an already oversupplied commodities sector. It made lenders think harder about lending to the industry.

"We are getting a lot more focused on making sure that documentation around trade finance... we are being a lot more disciplined around that and trying to make sure that the due diligence around that is indeed tightened up," DBS Chief Executive Piyush Gupta said at a results briefing on April 30.

Another Singapore lender, United Overseas Bank, has reported net earnings of SG$855 million for the first quarter, 19% lower than the same period last year, and set aside an additional SG$546 million in reserve allowances. OCBC on Friday said it upped allowances with room specifically made for a "Singapore-based corporate customer in the oil trading sector" to the tune of SG$275 million.

In Indonesia, Southeast Asia's largest economy, the hit on commodities has also been felt. Moody's slapped a negative outlook on the country's banking system, noting that economic conditions will weaken demand for coal and palm oil -- key export products for the country.

"Asset risks from commodity-related loans will increase as demand for commodities weakens," Moody's said. "Capital outflows will continue to pressure the rupiah, hurting borrowers with unhedged dollar loans," it added. But even as the risks increased, the agency also said that Indonesian banks have enough buffer.

For Malaysia, Moody's similarly put a negative outlook on the country's banking system, noting that asset risks for banks will increase as their profitability declines amid worsening economic conditions. Fitch, meanwhile, also issued downgrades to Malaysia's Malayan Banking (Maybank) and Hong Leong Bank.

Although aggressive stimulus measures from ASEAN governments should provide some relief for banks as they face rising risks associated with bad loans, asset quality, falling rates and recession fears remain dominant concerns, Maybank Kim Eng Analyst Thilan Wickramasinghe said in a report.

"Of course, not all stimulus measures are created the same," Wickramasinghe said. "We believe the markets with aggressive and early stimulus measures such as Singapore, Malaysia, should fare better in terms of nonperforming loan outlook versus markets with limited responses such as Thailand, Indonesia, Vietnam."

Additional reporting by Masayuki Yuda in Bangkok.

Singapore's DBS Q1 profit falls 29% on coronavirus loan loss provisions ~ 30 Apr 2020
https://www.nasdaq.com/articles/singapores-dbs-q1-profit-falls-29-on-coronavirus-loan-loss-provisions-2020-04-29
Southeast Asia's largest bank, DBS, on Thursday (April 30) said it set aside 1.09 billion Singapore dollars ($772.5 million) to cover potential losses from the coronavirus pandemic — which resulted in a 29% year-over-year fall in net profit in the first quarter.



DBS, OCBC, UOB faced with over US$600m total exposure to Hin Leong ~17 Apr 2020
  • More than 20 banks have a combined exposure of at least US$3b to oil trader.
  • Singapore's three local banks have a combined exposure of at least US$600m to troubled oil trader Hin Leong Trading. Of the three, DBS Group Holdings has the highest exposure at around US$290 million.

Offline zuolun

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Re: Casino Stocks
« Reply #2085 on: June 29, 2020, 12:27:37 PM »
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%)]

CDL ~ Potential Bearish Bat Pattern

CDL closed with an inverted hammer @ S$8.45 (+0.07, +0.8%) with 1.77m shares done on 26 Jun 2020.

Immediate support @ S$8.35, immediate resistance @ S$8.80.



CDL (weekly) ~ Trading in a downward sloping channel ~ 26 Jun 2020



CDL ~ Bearish Rounding Top Breakout, interim TP S$6.28

CDL closed with a white marubozu @ @ S$8.82 (+0.19, +2.2%) with 1.67m shares done on 14 Sep 2018.

Immediate support @ S$8.55, immediate resistance @ S$9.16.



Singapore properties have been in a strong uptrend for the past 40 years.



Amber Park new freehold condo launch by CDL in the heart of district 15 ~ 11 Jun 2020
https://www.youtube.com/watch?v=oY9gvalyfHo

City Developments' sales value nearly halved in Q1

12 May 2020

This was blamed on the absence of ultra-luxury sales.

City Developments (CityDev) posted sales of $278.1m in Q1, which is only around half of the $516.3m figure recorded in Q1 2019, an SGX filing revealed. This is despite having sold more units at 185 in Q1, compared to 163 units in the corresponding period last year.

Sales for this quarter dampened as the majority of the residential units sold were mass and midmarket projects, such as Piermont Grand, Whistler Grand and The Tapestry, as well as Amber Park, a luxury project. Comparatively, Q1 2019 mostly comprised ultra-luxury projects such as Boulevard 88 and South Beach Residences.

CityDev noted that as all six of the group’s operating sales galleries have been closed, they have been stepping up their digital marketing efforts through virtual showflat tours and online sales presentations to potential buyers. Interest remains encouraging in April, after they saw an increase of over 30% in online traffic views for its launched projects.

However, the firm is still expecting its sales volume to further decline as long as the circuit breaker measure remains in place.

“Notwithstanding the temporary setback, the Group continued to register sales in April for projects such as Amber Park, Boulevard 88, Coco Palms, Piermont Grand, Sengkang Grand Residences, South Beach Residences, The Jovell and The Tapestry,” CityDev stated in the filing.

Meanwhile, new home sales for the group’s launched projects in China, the UK and Australia have been slowed down significantly by lockdowns imposed by local governments.

As for its overall portfolio, the group’s Singapore office portfolio remained resilient with committed occupancy of 90.9%, above the island-wide occupancy of 89%. However, retail and F&B businesses have been impacted by the decline in customer demand, strict safe distancing measures and closures for non-essential services.

With this, about 80% of the group’s retail tenants in Singapore (totalling 426 tenants) are not operating.

CityDev’s global hospitality portfolio also took a severe hit, noting that the total revenue per room (RevPar) crashed 27% to $90.60, whilst its occupancy also dropped from 70% in Q1 2019 to 52.1% in Q1.

In Singapore, all 10 hotels are operational. However, RevPAR still declined 28.8% due to lower occupancy.

As for CityDev’s capital position, its net gearing ratio stood at 44% with interest cover at 6.2 times, whilst it has cash reserves of $3.3b and an undrawn and committed credit lines of $2.3b.

The group’s total gross borrowings have a weighted average debt expiry of 2.3 years as at 31 March. For the $1.8b in loans due for the remainder of 2020, the group has refinanced 17% and set aside funds for the repayment of 65%, with the balance of 18% scheduled for renewal in Q3.

“There are no material concerns over the Group’s ability to fulfil its near-term debt obligations,” it stated.

Looking forward, CityDev expects that the disruptions from the COVID-19 pandemic will continue to persist in the near-term.

CDL-Tikehau partnership buys control of European office REIT from Tong Jinquan ~ 8 Apr 2020
https://www.mingtiandi.com/real-estate/finance-real-estate/cdl-tikehau-partnership-takes-control-of-ireit-global/
CDL has aligned itself with Paris-based asset manager Tikehau Capital and the family office of Singapore billionaire Arvind Tiku in set of transactions that takes their combined holdings in IREIT Global to over 50%. CDL raised its stake in the REIT from 12.5% to 20.9% at a consideration of S$26.1m, while Tikehau paid S$38.7m to bump up its unitholding from 16.6% to 29.2%. IREIT Global acquired a 40% stake in the Sant Cugat Green in Barcelona last December.


Offline zuolun

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Re: Casino Stocks
« Reply #2086 on: June 29, 2020, 01:18:33 PM »
苏小妹:

Genting SP (2020年6月26) Vs Genting SP  (2016年8月22日):云顶新加坡的股价在2020年3月19日创了新低 @ S$0.495 又回到原点 @ S$0.76


回到原点 
https://www.youtube.com/watch?v=9eLzJTIH4Lg

Casinos, Universal Studios, Singapore Zoo among 13 attractions to reopen in July during Phase 2 ~ 28 Jun 2020
https://www.channelnewsasia.com/news/singapore/covid-19-phase-2-attractions-casinos-uss-singapore-zoo-12878574
The casinos at Marina Bay Sands and Resorts World Sentosa are among 13 Singapore entertainment attractions granted permission to reopen from this Wednesday 1 July.

Genting SP ~ Trading in a downward sloping channel, strong resistance at the 200d SMA or @ S$0.815

Genting SP closed with a spinning top @ S$0.76 (+0.005, +0.7%) with 18.4m shares done on 26 Jun 2020.

Immediate support @ S$0.735, immediate Resistance @ S$0.78.



Genting SP (Weekly) ~ Falling Wedge Pattern ~ 22 Aug 2016

Genting SP closed @ S$0.755 on 22 Aug 2016.


Offline zuolun

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Re: Casino Stocks
« Reply #2087 on: June 30, 2020, 09:36:20 AM »
SGX to pay US$128m in cash to fully acquire FX trading platform ~ 29 Jun 2020
https://www.theedgemarkets.com/article/singapore-exchange-pay-us128m-fully-acquire-fx-trading-platform
The transaction is expected to be completed next month (July 2020).

RHB upgraded SGX to ‘buy’ and raised its target price from $8.60 to $9.20 ~ 25 Jun 2020
https://www.theedgesingapore.com/capital/brokers-calls/rhb-upgrades-sgx-%E2%80%98buy%E2%80%99-high-trade-volumes-due-covid-19-recovery

SGX closed @ S$8.06 (-0.15, -1.8%) on 29 Jun 2020.



Home is where Singapore’s new casino is

By Andy Mukherjee
June 16, 2020

(Bloomberg Opinion) -- The house arrest of pandemic lockdowns seems to have thrown open the gambling switch in our brains.





How else to rationalize the frothy frenzy across asset classes globally, a madness so complete that the bankrupt car rental firm Hertz Global Holdings Inc. is raising up to $500 million by selling new shares after warning investors of the significant risk that their purchases will be worthless? 

A bizarre markets rally is under way amid the worst unemployment scare since the Great Depression. It’s being led by day trading gurus for the coronavirus era, like Barstool Sports’ Dave Portnoy, who’d bought only one stock in his life before the quarantine but thinks Warren Buffett is “washed up.”

The hysteria isn’t limited to the U.S., or shares. Take the latest Singapore residential property data, which showed a 75% jump in new private home sales in May from the previous month. This at a time when new projects couldn’t be brought to the public and all viewing galleries were shut. What was going on here?

Singaporeans weren't leaving home and the city’s two casinos were closed, along with other outlets for spending money and relieving stress. So many went online to buy and sell stocks at a pace not seen since a 2013 crash in penny stocks. But that wasn’t enough, for the asset class that stands head and shoulders above everything else in the imagination of the space-constrained Asian financial center is property. And that’s where people shifted their attention. Or, as broker PropNex Realty CEO Ismail Gafoor says, buyers and investors adapted to digital modes of property marketing.

There’s a danger of reading too much into the Singapore numbers. The overall sales figure of 486 units is the worst May for developers since 2008. And it’s entirely possible that many of the 56 buyers of Treasure at Tampines — the bestselling condo development in the eastern suburbs — had done their on-ground research beforehand. Besides, the Singapore regulator has rules against dodgy tricks — such as very large balconies combined with tiny interiors — that give a certain credibility to what prospective customers see in virtual galleries.

Still, the real surprise is that the buyers paid a median S$1,360 ($979) per square foot, 2% more than when the units were first launched in March 2019. The more expensive Florence Residences, another suburban property that first started sales at the same time, saw a 6% higher median price per square foot across the 54 units that sold in May.

PropNex’s characterization of this unusual month as the “new normal” may be an exaggeration. It’s perhaps a not-so-new abnormal, in which people feel compelled to conclude transactions. In March, when the Covid-19 scare was beginning, I wrote about the Black Death in medieval Europe and how it had brought in a wave of consumption (and consumption taxes) because of a sudden feeling among survivors that life was indeed short. Is something similar going on here?

There weren’t many choices for asset purchases in pre-capitalistic times, but now there are. An apartment scooped off an online gallery in Singapore, or Hertz shares bought on the Robinhood Markets Inc. trading app, seem to be playing the role that Venetian women’s platform heels did back then. In Hong Kong, where there are serious question marks about the city’s future after Beijing imposes a national security law, dozens of would-be buyers wearing face masks stood in rain. All but one of 94 apartments on sale by China Vanke Co. in its Campton project in central Kowloon was sold in just eight hours.

The pandemic came to us in an epoch of extreme inequalities in incomes and wealth. The poor everywhere are anxious about livelihoods. The affluent are nervous about their cramped lifestyles. The middle class, the typical buyer of Treasure at Tampines, shares both concerns, though perhaps not to the same extent. For the sandwiched classes, writing a down payment check and taking a 15-year mortgage are expressions of optimism in hopeless times, and a chance to scratch the gambling itch.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News.

Offline zuolun

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Re: Casino Stocks
« Reply #2088 on: June 30, 2020, 10:36:41 AM »
苏小妹:

这个案件显示真正的幕后股票操纵人(大户)是马来西亚商人苏志文。许多人;包括操盘手 (股票交易员Ken Tai) 仅仅是被他利用而已。


John Soh's 'generals' told to 'defend' BAL shares – only to end up as bankrupts ~ 26 Jun 2020
https://www.theedgesingapore.com/news/2013-penny-stock-crash/john-sohs-generals-told-defend-bal-shares-%E2%80%93-only-end-bankrupts



Prosecution witness Ken Tai earned $8,588 worth of commissions in a day from 'churning' LionGold shares, defence counsel claims ~ 17 Jan 2020
https://www.theedgesingapore.com/issues/2013-penny-stock-crash/prosecution-witness-ken-tai-earned-8588-worth-commissions-day-churning
Tai was once part of the “inner circle” of brokers and remisiers used by John Soh Chee Wen and Quah Su-Ling to allegedly manipulate shares in LionGold, Blumont Group and Asiasons Capital (now Attilan Group).


Offline zuolun

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Re: Casino Stocks
« Reply #2089 on: June 30, 2020, 02:51:19 PM »
SIA to liquidate associated company of Scoot TigerAir, records one-off charge of $123.6 mil ~ 26 Jun 2020
https://www.theedgesingapore.com/news/aviation/sia-liquidate-associated-company-scoot-tigerair-records-one-charge-1236-mil

Singapore Airlines may grab Emirates, Etihad traffic in India ~ 25 Jun 2020
https://www.straitstimes.com/business/companies-markets/singapore-airlines-may-grab-emirates-etihad-traffic-in-india

Fitch Warning: Airlines could default in the long term ~ 22 Jun 2020
https://www.fool.ca/2020/06/22/fitch-warning-airlines-could-default-in-the-long-term/
Airlines are taking debt to fund their current losses.

American Airlines discussing $4.75 billion loan with Treasury Department ~ 22 Jun 2020
https://www.youtube.com/watch?v=0d1t8HOEU2I

American Airlines to raise $3.5 billion in new financing ~ 21 Jun 2020
https://www.marketwatch.com/story/american-airlines-to-raise-35-billion-in-new-financing-2020-06-21
American Airlines has announced a new financing initiative that will significantly dilute shareholder value. Warren Buffett was right to quit.

Where is Air Canada’s cash going? ~ 19 Jun 2020
https://www.fool.ca/2020/06/19/where-is-air-canadas-tsxac-cash-going/
  • Air Canada stock is down more than 60% from $50 to $19, as the COVID-19 pandemic has put global airlines in their worst crisis to date.
  • A capital-intensive business is all about capacity and demand. Capacity is what the company can control, and demand is what the market commands. Whenever the demand is low, these companies suffer from overcapacity and lose money because of the fixed cost of maintaining the capacity.
  • That is what’s happening with Air Canada stock. It is losing $20 million in cash every day, as it bears the fixed cost of its capacity, which equates to $1.8 billion in a quarter.
How long can Air Canada bleed cash? ~ 18 Jun 2020
https://www.fool.ca/2020/06/18/how-long-can-air-canada-tsxac-bleed-cash/
At the end of the first quarter, Air Canada had $6.52 billion in liquidity. Then in June, it raised $1.6 billion in capital through stocks and convertible debt. And this week, Air Canada CFO Michael Rousseau said that the airline might need to secure additional financing in the future. Now, the big question is, how much money does Air Canada need to withstand the pandemic?

SIA closed @ S$3.75 (-0.07, -1.8%) on 29 Jun 2020.



Broker's take: UOB Kay Hian recommends profit-taking on SIA, downgrades to 'sell'

By Vivienne Tay
Jun 18, 2020 - 1:34 pm

UOB Kay Hian has downgraded Singapore Airlines (SIA) to "sell" from "buy" and lowered its target price to S$3.80 from S$4.35. It also recommended taking profit on the national carrier.

As at 1.07pm on Thursday, SIA shares were trading at S$4.09, down S$0.04 or 1 per cent.

UOB Kay Hian analyst K Ajith said in a research note on Thursday that there is significant uncertainty over the extent of the decline in traffic and load factors and consequently, the extent of cash burn.

The brokerage has raised its year-on-year traffic decline estimate to 58 per cent from 45 per cent. It has also increased its fiscal 2021 net loss estimate for SIA to S$1.64 billion from S$1.26 billion.

Although flight frequencies and the number of destinations are expected to go up in June and July, Mr Ajith said there is "no reason to cheer" as Singapore's borders are effectively closed, with mandatory Covid-19 testing and stay-home notices for returning travellers.

"We also believe that border restrictions will only be gradually opened and will focus on 'travel bubbles' corridors in Australia and parts of South-east Asia," he added.

Moreover, fears of a new Covid-19 outbreak in Beijing could dampen "nascent recovery" in China's domestic sector, delaying a much-needed recovery in outbound traffic.

The report also noted that unless SIA defers some of its aircraft deliveries, it will likely require further funding in fiscal 2022.

"SIA has to push back scheduled pre-delivery payments or else the S$8.8 billion in rights and mandatory convertible bonds proceeds might run out by end-FY2022," Mr Ajith said.

However, airline manufacturers are reluctant to delay deliveries and have threatened lawsuits on some airline customers, highlighting immense pressure airlines face due to large capital expenditures (capex) and a dearth of cash flow.

SIA had earlier guided for S$11 billion in capex for FY2021-2022. UOB Kay Hian is estimating the carrier would have S$4 billion in debt and lease repayment due by FY2022.

Offline zuolun

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Re: Casino Stocks
« Reply #2090 on: July 01, 2020, 09:19:13 AM »
Maybank Kim Eng maintained BUY on ComfortDelGro, TP S$1.98 ~ 28 Jun 2020
https://www.kelive.com/KimEng/servlet/PDFDownloadViaEmail?source=0&rid=52497

ComfortDelgro: Profit Guidance for H1 ending 30 Jun 2020 ~ 26 Jun 2020
https://www.comfortdelgro.com/documents/38822/222532/20200626+-+CDG+-+Profit+Guidance+for+1HFY2020+%281%29.pdf
  • The unaudited cash and cash equivalents as at 31 Mar 2020 was $632.8m and the available facilities in various currencies were approx. $704.7m.
  • The company is still in the process of finalising its results for 1HFY2020 and will provide further details of the company’s performance when it releases the financial results on or before 15 August 2020.
ComfortDelgro ~ Trading in a downward sloping channel, interim TP S$1.28, next TP S$1.01

ComfortDelgro closed with an inverted hammer @ S$1.45 (-0.03, -2%) with 32.4m shares done on 30 Jun 2020.

Immediate support @ S$1.39, immediate resistance @ S$1.52.



Grab to let go of 360 employees ~ 16 Jun 2020
https://www.techinasia.com/grab-cut-360-employees



4 insights from ComfortDelGro’s latest business update ~ 26 May 2020
https://sg.finance.yahoo.com/news/4-insights-comfortdelgro-latest-business-233044881.html
  • For taxi division, COVID-19 relief schemes announced by ComfortDelGro have been extended until September this year and will be reviewed further depending on how the pandemic evolves. In response to COVID-19 lockdowns, China taxi rentals have been almost fully waived.
  • Operating profit for the group dived by 48% year on year to S$55.9 million, while net profit shrank by almost 49% year on year to S$36 million.

Offline zuolun

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Re: Casino Stocks
« Reply #2091 on: July 01, 2020, 10:10:19 AM »
Dramatic rescue as nearly 14 million people affected by floods in China ~ 29 Jun 2020
https://www.youtube.com/watch?v=tOqZ18zHqZE
Nearly 14 million people in 26 different provinces in China have been affected by storms and floods since early June. About 744,000 people have been evacuated from the worst affected areas.

More Chinese regions brace for floods as storms shift east ~ 29 Jun 2020
https://www.channelnewsasia.com/news/asia/china-flood-rain-storm-death-toll-missing-damages-12881196



Deadly floods and torrential rain in China affect over 8.5 million people ~ 24 Jun 2020
https://www.youtube.com/watch?v=Guy3F9QBJFw

Coronavirus Returns – The situation In Beijing ~ 22 Jun 2020
https://www.youtube.com/watch?v=hL8DXwaLgRE

COVID-19 resurgence puts 100m+ in China back in lockdown ~ 20 May 2020
https://www.youtube.com/watch?v=dAM_mMAfmDo

ComfortDelGro suspends Nanjing driving centre amid Wuhan virus outbreak ~ 30 Jan 2020
https://www.youtube.com/watch?v=odVPMMTcBsg
ComfortDelGro also operates taxi services in nine cities – Beijing, Shanghai, Shenyang, Chengdu, Hengyang, Suzhou, Nanning, Nanjing and Jilin.

4 insights from ComfortDelGro’s latest business update ~ 26 May 2020
https://sg.finance.yahoo.com/news/4-insights-comfortdelgro-latest-business-233044881.html
  • For taxi division, COVID-19 relief schemes announced by ComfortDelGro have been extended until September this year and will be reviewed further depending on how the pandemic evolves. In response to COVID-19 lockdowns, China taxi rentals have been almost fully waived.
  • Operating profit for the group dived by 48% year on year to S$55.9 million, while net profit shrank by almost 49% year on year to S$36 million.

Offline zuolun

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Re: Casino Stocks
« Reply #2092 on: Yesterday at 12:38:58 PM »
今日新加坡,明日香康,后日台湾。Yesterday's Singapore was today's Hong Kong and tomorrow's Taiwan.
The Chinese Communist Party is determined to change Hong kong into a mini-communist state. The new Beijing-imposed national security law is similar to the ISA designed to get rid of political opponents.

Hundreds arrested in Hong Kong protests as security law comes into effect ~ 2 Jul 2020
https://www.youtube.com/watch?v=y0zchIZYpco

Hundreds arrested on first day of Hong Kong national security law ~ 1 Jul 2020
https://www.youtube.com/watch?v=2BK29y-2bJ0



Singapore Internal Security Act 1960 (No. 18 of 1960)
https://en.wikipedia.org/wiki/Internal_Security_Act_(Singapore)

Operation Coldstore
https://en.wikipedia.org/wiki/Operation_Coldstore
Operation Coldstore, sometimes spelled Operation Cold Store, was the code name for a covert security operation carried out in Singapore on 2 February 1963 which led to the arrest of 113 people, who were detained without trial under the Preservation of Public Service Security Ordinance (PSSO). In official accounts, the operation was a security operation "aimed at crippling the Communist open front organisation," which threatened Singapore's internal security. The operation was authorised by the Internal Security Council which was composed of representatives from the British, Singapore and Malayan Federal governments.

Operation Coldstore: Singapore’s struggle to confront history ~ 24 May 2018
https://www.lowyinstitute.org/the-interpreter/operation-coldstore-singapore-struggles-confront-history
On 2 February 1963, more than 100 unionists, anti-colonial activists, and politicians were detained without trial in a series of arrests code-named Operation Coldstore. The authorities justified the action as necessary to “safeguard against any attempt by the Communists to mount violence or disorder in the closing stages of the establishment of the Federation of Malaysia”.

Former Coldstore detainee Yeo San Chai in his Singapore bookstore.




Offline zuolun

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Re: Casino Stocks
« Reply #2093 on: Today at 10:55:55 AM »
KEEP the EVIL FORCES away from Singapore! | Lee Kuan Yew | Top 10 Rules
https://www.youtube.com/watch?v=5c8tvHtt6xw

【选举】前进党西海岸竞选团队 被要求撤下50海报 ~ 3 Jul 2020
https://zh.theonlinecitizen.com/2020/07/%e3%80%90%e9%80%89%e4%b8%be%e3%80%91%e5%89%8d%e8%bf%9b%e5%85%9a%e8%a5%bf%e6%b5%b7%e5%b2%b8%e7%ab%9e%e9%80%89%e5%9b%a2%e9%98%9f-%e8%a2%ab%e8%a6%81%e6%b1%82%e6%92%a4%e4%b8%8b50%e6%b5%b7%e6%8a%a5/
“数小时的汗水付诸东流,疑惑的是为何行动党的海报没有受影响。”



Singapore GE2020: PSP makes police report over damaged posters ~ 2 Jul 2020
https://www.straitstimes.com/politics/psp-makes-police-report-over-damaged-posters

Photos of damaged posters of the Progress Singapore Party team contesting in Chua Chu Kang GRC.



Singapore PM’s nephew Li Shengwu loses appeal in high-profile contempt case ~ 2 Jul 2020
https://www.scmp.com/news/asia/southeast-asia/article/3004111/singaporean-pms-nephew-li-shengwu-loses-appeal-high
Li’s appeal argued the attorney general was wrong to serve him court documents outside Singapore.
If upheld, it could have given Li’s legal team the chance to suspend the case against him.

State seeks $15,000 fine against Li Shengwu for scandalising judiciary ~ 2 Jul 2020
https://www.straitstimes.com/singapore/courts-crime/state-seeks-15000-fine-against-li-shengwu-for-scandalising-judiciary

新加坡大选在即,加入反对党后,李显龙弟弟李显扬为何不参选? ~ 1 Jul 2020
https://www.jfdaily.com/news/detail?id=264982
前进党2019年3月成立,由人民行动党前成员陈清木领导,该党有意角逐李光耀生前服务的丹戎巴葛集选区。日前,李显扬和陈清木出现在这一选区,加剧了李显扬参选猜测。据新加坡《独立报》报道,网友呼吁李显扬及其长子李绳武加入选战,因为“它流淌在你的血液里”。

Lee Hsien Yang: We can create a government that listens ~ 29 Jun 2020
https://www.youtube.com/watch?v=H1BoeiCllD4

【新加坡大选】 李显扬:希望国会议员能更多元 ~ 27 Jun 2020
https://www.youtube.com/watch?v=dPnsRJwL4_k

新加坡7月10日大选,李光耀次子李显扬加入反对党 ~ 24 Jun 2020
https://www.jfdaily.com/news/detail?id=262651

A message from Mr Lee Hsien Yang to all Singaporeans ~ 24 Jun 2020
https://www.youtube.com/watch?v=m7eMqLUNohc



李显扬资助社运人士范国瀚 就藐视法庭罪名上诉 ~ 22 May 2019
https://www.8world.com/news/singapore/article/jelovan-wham-lee-hsien-yang-824471
李显扬资助因批评新加坡司法体制独立性的范国瀚上诉,不知道李显龙作何感想?

Lee Kuan Yew’s grandson, Li Shengwu, says he fled Singapore because he feared arrest ~ 18 Aug 2017
https://www.scmp.com/news/asia/southeast-asia/article/2107288/lee-kuan-yews-grandson-li-shengwu-says-he-fled-singapore
Li, whose father is embroiled in a family feud with Prime Minister Lee Hsien Loong, says he was warned by friends that he faced detention for contempt case.



李显扬是终结PAP执政关键人物? ~ 29 Jun 2017
https://www.youtube.com/watch?v=79o-HAW_zBk
李显扬频频向当权者开炮,难道他就是突破人民行动党垄断的关键人物?


Offline zuolun

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Re: Casino Stocks
« Reply #2094 on: Today at 01:01:57 PM »
苏小妹:

OLAM在2020年3月23日创了历史新低 @ S$1.22。这显示OLAM 的股价已经低于2019年1月25日的「Measured Target」@ S$1.38 (FIBO 123.6% as at 25 Jan 2019)。技术分析说:如果历史新低 @ S$1.22 再被穿破的话;OLAM 的股价还会继续往下跌。以最悲观的价格预测可以用 S$1.06 (FIBO 161.8% as at 25 Jan 2019)。


OLAM ~ Trading in a downward sloping channel

OLAM closed with a long-legged doji @ S$1.40 (+0.01, +0.7%) with 540,000 shares done on 2 Jul 2020.

Immediate support @ S$1.32, Immediate resistance @ S$1.43.



OLAM ~ Bearish Descending Triangle Breakout, interim TP S$1.39

OLAM closed with a hammer @ S$1.82 (+0.02, +1.1%) with 280,000 shares done on 25 Jan 2019.

Immediate support @ S$1.76, Immediate resistance @ S$1.85.


Offline zuolun

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Re: Casino Stocks
« Reply #2095 on: Today at 03:24:18 PM »
A fifth of food output is wasted in famine-threatened Venezuela ~ 26 Jun 2020
https://finance.yahoo.com/news/fifth-food-output-wasted-famine-215339045.html



「洪水未退蝗虫又来」中国吉林、湖南、黑龙江现蝗灾 /这些并非是从非洲或印度传入的大蝗虫,而是在当地出现的蝗虫 ~11 Jun 2020
https://www.youtube.com/watch?v=xUs25oL1-og



Famine risk for millions in second locust wave ~ 28 May 2020
https://phys.org/news/2020-05-famine-millions-locust.html



COVID 19 today and China’s Great Famine ~ 16 May 2020
https://www.theglobalist.com/united-states-donald-trump-coronavirus-covid19-china-mao-zedong-great-famine/

【百年红祸】四千万人为何饿死:大跃进 (大饥荒 -四千万人饿死) ~ 14 Oct 2017
https://www.youtube.com/watch?v=UXeqwQ1VJk8