Sunpower    Last:0.47    -0.015

Sunpower cheong

what happen ... drop like shit

Premier      ( Date: 02-Jun-2017 08:41) Posted: BREAKING: Asia opens higher after Wall Street closes up US to withdraw from Paris accord × Asia opens higher after Wall Street closes up US to withdraw from Paris accord Markets in Asia were higher in early trade following the release of strong economic data stateside, including better-than-expected ADP private payrolls figures President Donald Trump announced the U.S. would withdraw from a landmark climate agreement Asian markets were in the green in early Friday trade, after the release of strong private payrolls stateside and as President Donald Trump announced the U.S. would be withdrawing from the Trump said on Thursday that the U.S. would withdraw from the climate agreement, but wanted to negotiate for new arrangements that were more "fair" to the U.S. In response, European leaders, including German Chancellor Angela Merkel, said in a statement that the Paris agreement "cannot be renegotiated." The agreement aims to ensure global temperatures do not rise more than 2 degrees Celsius above pre-industrial levels. Meanwhile, U.S. private payrolls data for the month of May raised market expectations for the upcoming nonfarm payrolls report due Friday U.S. time. The ADP report reflected that private sector employment rose by 253,000 jobs compared to forecasts of 185,000. In Asia, the Nikkei 225 was up 0.56 and Australia's S&P/ASX 200 added 0.22 percent in early trade. South Korea's benchmark Kospi index was higher by 0.39 percent as markets digested the release of revised Q1 GDP, which reflected the economy grew 2.9 percent on year compared to the 2.7 percent forecast. Shares of Japanese automakers traded higher early on Friday after May auto sales in the U.S. reflected that Nissan and Honda recorded increases in sales on year, but Toyota fell just short. Nissan shares jumped 1.12 percent, Honda was up 1.06 percent and Toyota was higher by 0.5 percent. Korean automakers were in the red after U.S. auto sales reflected weaker sales in May on year for Hyundai Motor and Kia Motors. Hyundai was down 0.91 percent and Kia was down by 0.76 percent. Gaming stocks in Macau are likely to be in the spotlight after revenues rose amidst the ongoing anti-corruption drive and capital controls in China. Gaming revenues surged 24 percent to 22.7 billion Macau patacas ($2.83 billion) in the month of May, according to Reuters. The dollar was firmer against a basket of six major currencies: The dollar index traded at 97.175 at 8:00 a.m. HK/SIN, which was off a low of 96.858 set in the last session. Dollar/yen was also stronger, with the greenback fetching 111.45 yen ? higher than levels around 110.8 seen earlier in the week. The Australian dollar was steady following two consecutive sessions of declines. The Aussie traded as low as $0.7368 in the last session after the release of weaker-than-expected private sector manufacturing numbers out of China yesterday. The Aussie traded at $0.7380 at 8:00 a.m. HK/SIN. Oil prices were lower on worries about oversupply in markets. U.S. crude was down 0.97 percent at $47.89 a barrel and Brent crude was 0.85 percent lower at $50.20. Over on Wall Street, stocks closed the session higher following the release of stronger economic data, with all three major indexes closing more than 0.6 percent up.

 

BREAKING: Asia opens higher after Wall Street closes up US to withdraw from Paris accord × Asia opens higher after Wall Street closes up US to withdraw from Paris accord Markets in Asia were higher in early trade following the release of strong economic data stateside, including better-than-expected ADP private payrolls figures President Donald Trump announced the U.S. would withdraw from a landmark climate agreement Asian markets were in the green in early Friday trade, after the release of strong private payrolls stateside and as President Donald Trump announced the U.S. would be withdrawing from the Trump said on Thursday that the U.S. would withdraw from the climate agreement, but wanted to negotiate for new arrangements that were more "fair" to the U.S. In response, European leaders, including German Chancellor Angela Merkel, said in a statement that the Paris agreement "cannot be renegotiated." The agreement aims to ensure global temperatures do not rise more than 2 degrees Celsius above pre-industrial levels. Meanwhile, U.S. private payrolls data for the month of May raised market expectations for the upcoming nonfarm payrolls report due Friday U.S. time. The ADP report reflected that private sector employment rose by 253,000 jobs compared to forecasts of 185,000. In Asia, the Nikkei 225 was up 0.56 and Australia's S&P/ASX 200 added 0.22 percent in early trade. South Korea's benchmark Kospi index was higher by 0.39 percent as markets digested the release of revised Q1 GDP, which reflected the economy grew 2.9 percent on year compared to the 2.7 percent forecast. Shares of Japanese automakers traded higher early on Friday after May auto sales in the U.S. reflected that Nissan and Honda recorded increases in sales on year, but Toyota fell just short. Nissan shares jumped 1.12 percent, Honda was up 1.06 percent and Toyota was higher by 0.5 percent. Korean automakers were in the red after U.S. auto sales reflected weaker sales in May on year for Hyundai Motor and Kia Motors. Hyundai was down 0.91 percent and Kia was down by 0.76 percent. Gaming stocks in Macau are likely to be in the spotlight after revenues rose amidst the ongoing anti-corruption drive and capital controls in China. Gaming revenues surged 24 percent to 22.7 billion Macau patacas ($2.83 billion) in the month of May, according to Reuters. The dollar was firmer against a basket of six major currencies: The dollar index traded at 97.175 at 8:00 a.m. HK/SIN, which was off a low of 96.858 set in the last session. Dollar/yen was also stronger, with the greenback fetching 111.45 yen ? higher than levels around 110.8 seen earlier in the week. The Australian dollar was steady following two consecutive sessions of declines. The Aussie traded as low as $0.7368 in the last session after the release of weaker-than-expected private sector manufacturing numbers out of China yesterday. The Aussie traded at $0.7380 at 8:00 a.m. HK/SIN. Oil prices were lower on worries about oversupply in markets. U.S. crude was down 0.97 percent at $47.89 a barrel and Brent crude was 0.85 percent lower at $50.20. Over on Wall Street, stocks closed the session higher following the release of stronger economic data, with all three major indexes closing more than 0.6 percent up.

 

http://www.cnbc.com/2017/06/01/asia-markets-focus-on-us-economic-data-paris-accord.html

 

With dow jones jump to highest , is a good time to buy in this stock as it will rally up 0.8 and above.

 

Cheong pls

 

Awaiting that push to 0.8

 

KeydriverstotheGroup?simprovedprofitability:1.TheGrouphasstrongresearchanddevelopmentteamsandcapabilities,withitsownproprietarytechnologyknow-howcomprisingmorethan150patents,whichenablestheGrouptoimproveitsproductofferingsandsolutionstoitscustomers.2.SincetheCompany?slistingontheSGX-STin2005,ithasbeentheGroup?slong-termstrategytoexportitsproductstooverseasmarkets.ThishashelpedtoenhancetheGroup?stechnology,serviceandqualityofproducts.TheCompanyhasawell-diversifiedglobalcustomerbase,exportingproductstoNorthAmerica,Europe,Australia,SoutheastAsia,SouthAsia,CentralAsia,SouthAmericaandtheMiddleEast.TheGroupalsohaslong-standingandrepeatedcustomers,includingBASF,BP,Shell,DowChemical,Technip,Celanese,Shell,Sinopec,CNPC,CNOOC,Shenhua.3.TheGrouphasarangeofproductsandserviceapplicationsindiversifiedfieldsandindustries,suchasthePetrochemical,Chemical,OilGas,CoalIndustry,CleanEnergy(Polysilicon,LNG),Pharmacy,PaperPulp,Mining,OilSandindustries,whichhasallowedtheGrouptomitigatetherisksofcyclicaldownturninaparticularindustry.4.LongDistanceHeatInsulatedSteamDistributionPipelineshasbeentheGroup?sproprietaryproductsforover20years.TheGroup?sEEMsegmentprovidestechnicalserviceandsupporttoitsGIbusiness,andcontributionsfromsalesofitsproprietaryproductstotheGIbusinesshasalsoimprovedprofitabilityoftheEEMsegment.

 

Uob is holding 20% in this company

 

Good chance to buy now 0.765....

 

Closing at 0.80

 

Chance only come once...0.77...will end the day with 0.80

 

By 2pm, going up to 795...quick buy ....

 

Before 12noon, will clear the resistance...buy in now

 

Resistance 0.78 clear....ready for gap up

 

Clearing 0.78 and will go up... now consolidating

 

Standby for the gap up

 

0.85 target closing

 

Buy now 0.775...before going up.

 

Buying in building up

 

SINGAPORE (May 26): Sunpower Group, the manufacturer of energy conservation products in China, has won contracts totalling RMB116.68 million ($235 million). The contracts were awarded to wholly-owned subsidiary, Jiangsu Sunpower Pressure Vessels Equipment Manufacturing Co. by Xinjiang GCL New Energy Material Technology Co., a wholly subsidiary of Jiangsu Zhongneng Polysilicon Technology Development Co., and AVIC International Beijing Company. The group will be supplying towers and reduction furnaces to Phase I polysilicon project of Xinjiang GCL, which has an annual production of 100,000 tonnes. The contract value is worth RMB84.16 million. The products will be delivered in 2017 and will have a positive impact on the group?s FY2017 results. Advertisement In addition, the group will be supplying heat exchangers to AVIC Beijing, with a total contract value of RMB32.52 million. The products will be delivered in 2017 and is expected to have a positive impact on the group?s FY17 results.