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United Engineers
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charliel3ong
Senior |
13-Feb-2015 09:29
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price pullback 3.15...likely to be profit-taking move |
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charliel3ong
Senior |
13-Feb-2015 09:11
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well, market sentiment is for a good news, so its quite a 70-30 scenario now. should be well supported around 3.15 area. but its gonna be a volatile day, just like last few days. |
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mrwonderful
Veteran |
13-Feb-2015 09:09
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Looks weak today. Bearish opening. Expect another roller coaster day. |
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charliel3ong
Senior |
13-Feb-2015 09:00
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maybe caution coz UE still not comfirmed anything yet, best to keep quiet about it. up to traders to speculate. i do actually advise profit-taking if u bought at 3.02 are or so, coz the upside isnt that much from 3.28 now. unless something exceptional happens which could push it up to 3.40 or maybe more.   but then, there' s always a pullback where u can go in for the rally again. |
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nea03177
Senior |
13-Feb-2015 08:30
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SGX query replied this morning. Standard reply. Asked to exercise caution in trading UE. | ||||
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nea03177
Senior |
13-Feb-2015 08:18
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Brother-Thanks. At least you not so negative like two days ago. Hope your friends also make. Agree today will have profit taking but like F&N saga, it will be good. Only do average up not down should be ok. Wish you make from your shorts in US Index.
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risktaker
Supreme |
13-Feb-2015 07:38
Yells: "Posts are opinions. Do not take it as investment advise " |
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Wished u guys huat ah..... but think today may got sellers .... | ||||
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nea03177
Senior |
13-Feb-2015 00:26
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Aiyah! Didn't know it's already 13 Feb. today will be a better day! Happy Friday to everyone, Merdeka!
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nea03177
Senior |
13-Feb-2015 00:19
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Thank you for your kindness towards those who longed. May everyone Huat! Tomorrow will be a b
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charliel3ong
Senior |
12-Feb-2015 20:07
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market is pricing in a lot today. but good luck with the deal. hopefully its a promising one tomorrow. i missed this massive rally from 3.02 yesterday, so i can only be a spectator and cheer for the bulls.  |
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nea03177
Senior |
12-Feb-2015 19:25
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Hope is there. Tomorrow 23.59 is the deadline.
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mrwonderful
Veteran |
12-Feb-2015 17:23
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I don' t know.. Will it be announced yet? I guess can look at F& N' s takeover history to make judgement (Can' t be bothered to do that now as it does not affect me) However, let' s say for example Company X managed the takeover for F& N. Most likely Chaoren will use this same X again right? And by now, deal (likely so) is already confirmed and details ironed out. And maybe, traders in the same Comapny X somehow " overheard" rumours of the takeoever... these traders sure run to their computers and start buying like madmen. And the counterparties like HSBC, DMG, Ah Tan Ah Gong brokerage also suspect Company X is privy to ' special' information, so when they see their counterparty buying is Company X, they also sure go with the flow and hold hands play along with him.  I think tomorrow it will break $3.3 and go higher, then selldown till around today' s closing price. But BBs are never predictable. Either way, I' ll hold on to most my shares and wait for the announcement (and possible offer) afterwards, hoping for $3.3 - $3.5 range. If no offer, most likely I' ll sell my shares. Even though UE should be taken over one way or the other by someone, I rather not hold too long already, got other commitments. 
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nea03177
Senior |
12-Feb-2015 17:04
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CIMB Makan all my lots. Are they the lead managers?
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hem2998
Veteran |
12-Feb-2015 16:25
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hahah...HUAT ARGGHH!!  
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kirana
Senior |
12-Feb-2015 16:25
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I applied half hour leave from 4.30 - 5.00 pm. To watch this play. |
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charliel3ong
Senior |
12-Feb-2015 16:11
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This is prob one of the few counter that is going up up up when its flat out everywhere else.  |
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ytoh1688
Veteran |
12-Feb-2015 16:06
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if anything shouldnt ocbc share be rising too? |
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mrwonderful
Veteran |
12-Feb-2015 15:59
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If you did your research and homework you would have known that the deal was very likely on. It' s only traders inducing fear to make it volatile and induce speculators to sell. How else can they make money? Easier to short then buy up sometimes. Just my two cents. I stuck to it when it plunged 7% and last few days drop. Added abit more too. |
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charliel3ong
Senior |
12-Feb-2015 15:54
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3.22 high....wow, looks like some insider good news spreading around or something? suddenly chiong |
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charliel3ong
Senior |
12-Feb-2015 13:45
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Wah, i remember yesterday we were talking about 3.02, today is a complete turnaround at 3.17. well done for those who bidded at 3.02 area yesterday. another early hongbao in the bag |
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