SGX    Last:21.44   -

SGX

those holding SGX if got profit time to let go prior to today finance report is out.........

 

SHAREPRICE seems supported. Go down but come back up again. Just like uncle's horse---hahahahaha! Today back to 6.70+ before pullback cos scared europe.

Wahlaoeh, every broking house, forum writer say SGX no good sure die one, cannot go up. So sad, many these ppl have track record  always wrong one. If u wait until these ignorant goondus say good, can buy, then actually is time to sell.

One best sign of strength in stock/market-- when everybody say is bad, sell,  but stock/market continue  up up. Of cos some ppl don't know how to see if something going up or not.Actually when going down, they say going up. When going up, they say going down. Not so easy, sial.

Sure volume been low  low, obviously those  ppl who buy now,  r gambling will increase from here onwards. Art of investment  = buy when low, sell when high. When low always news bad, many ignorant ppl say share sure die one. But that is usually just before share start going up and up. Of course timing is everything. 

My guess, if result not horrible, SGX continue slowly go up to $10. Then some forum writers and analysts will call buy.

I expect SGX earnings go up 2H 2012 n 1H 2013, cos of OTC clearing n tie-ups w regional bourses. Also market psychology changing to  favor Xchanges, whereas last 3 years market don't like. I think europe problems now mostly discounted by markets. Many funds underinvested and angmohs have printed trillions of US$ n EUR, may QE even more. All this money sitting around cos angmoh markets n economy r bad, so some money come here.SEAsia stockmarkets become safe haven like german bunds and US treasuries.

Economy bad, will contract, they say. But if stockmarkets start going up, they will affect economy n drag it up. Market always moves first, be it due to anticipation or other reasons. Both affect each other, reflexive siah.

Of course uncle may be totally wrong. Maybe uncle read situation totally wrong, maybe uncle's timing totally wrong. But uncle never listen to ppl who never make money in stockmarket.

 

On Tuesday, SGX re-test the resistance at $6.65 and closed at $6.62 with LOW volume of 1.20 million shares traded.

During the past 10 bars, there have been 5 white candles and 3 black candles for a net of 2 white candles.  During the past 50 bars, there have been 24 white candles and 23 black candles for a net of 1 white candle.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of SGX: $6.65

Immediate Support of SGX: $6.40

Currently prices are supported by 100/200 days MA.

Today SGX has re-tested the resistance ...........   READ MORE

 

 

 

THANK ALL THE VARIOUS GOD OF VARIOUS RELIGION

Thank  ALL the various  GOD of various religion,  SGX come out  DENY they are in talks with LSE for merger. After the ASX debacle, any investor would take an SGX attempt at merger(ie: takeover at high price of another Xchange) as NEGATIVE for shareprice.

Now  SGX mebbe keep on slowly slowly climbing on hopes of a  BETTER market thru FRESH(m'sian) IPOs, return of CLOB-like dual listings, and  strongly growing fees from derivatives trading, clearing ops for OTC derivatives etc. If SGX can clear just  one quarter OTC market, their income already double from here, some analyst say in meeting.

Last time end-2007, before subprime killed retail interest, SGX chiong to  $18, fund ramp  with help of rumors of tie-up, mergers, etc. Now  mebbe start again.  Notice last 2 years SGX never drop below $6, even  market crash last  year 2011 August-Nov period. Then all these m'sia IPOs come out, now got dual listing for IHH, remind me of CLOB last time.

SGX respectable stock, if buy at right price(lowlow like $6, IMO)  can buy alot, no need scared  inside ppl  fool with accounts or runaway with company money etc. Main problem for investor: SGX must not anyhow pay high price takeover other Xchange. Last time siaobeh Magnus pay soooo high for ASX, all SGX investor vomit blood sibei tulan.  Shareprice also vomit blood drop from $10 to $6, wahlao eh, vomit blood vomit vomit ack ack!(Good thing I exit at the high price). Last year 2011 also SGX go up a bit then diedie vomit blood when rumor SGX going buy LME. That time my karchng kenah rambo, I cut loss when drop below $7, so fast it drop vomit blood ack ack.

Singapore market never have bullmarket unless got foreigner like M'sia or China come in create interest. Is sad, but true fact. Now got plan to tie-up w Bursa, Thailand,  Viet, Pinoy, Myanmar  exchange,  I slowly thinking, mebbe got chance for more active market next few years, so I vested 300 lot SGX few week ago near $6.  For longtime SGX one deadstock, like zombie sial--mebbe now wake up go rampage eating brains.

Sincerely hope my investment don't vomit blood diedie  sibei tulan.

 

http://sgxinfo.blogspot.sg/2012/07/london-and-singapore-bourses-in-merger.html

 

http://www.businesstimes.com.sg/breaking-news/singapore/dmg-downgrades-sgx-sell-maintains-tp-s500

 

Hi 哥 哥 if you want please put the link here. I hope Kim Eng didnt just send the info to your email ba???

TalkMkt      ( Date: 27-Jun-2012 16:35) Posted: Today, Kim Eng issue buy call for Singapore Exchange - No LME No Cry BUY TP SGD7.43 For full report, please email to [email protected]

 

Today, Kim Eng issue buy call for Singapore Exchange - No LME No Cry BUY TP SGD7.43

For full report, please email to [email protected]

 

 

http://sgxreports.blogspot.sg/2012/06/singapore-exchange.html

 

Yesterday reload 10 lots at 6.67 and today sold all at 6.84. Not too bad for a 1 day profit.

SGX still not that strong, maybe still can load cheaper later :)

warrenbegger      ( Date: 17-Apr-2012 20:27) Posted: After i sold last week. Today can get even more cheaper!!! 6.67 ! Load then think later  la! Nobody want i take lor, i help them cut loss  :)

 

OCBC on SGX

http://sgxreports.blogspot.com/2012/04/singapore-exchange_18.html 

 

Wind of change

 

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1195852/1/.html

-SGX added that the appreciation of the Singapore dollar will potentially result in more fund raising activity and dual listings in Singapore.

 

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements

 

-The Board of Directors has declared an interim dividend of 4.0 cents (4.0 cents) per share, payable on 16 May 2012.

-SGX is on track to be the first Asian exchange to launch hubs in Chicago and London to conveniently and cost-effectively connect global investors to SGX markets. These hubs will be available along with exchange-hosted pre trade risk controls for the derivatives market.

 

http://sg.finance.yahoo.com/news/singapore-exchange-q3-net-16-094151262.html

-SGX said in a statement it is seeing growing interest from international companies to list in Singapore.

 

http://sg.finance.yahoo.com/news/1-sgx-quarterly-profit-16-104052012.html

-Shares in SGX have outperformed rival bourses in 2012.

-Formula One, Man Utd IPOs would give further boost.

 

http://sg.finance.yahoo.com/news/sgx-quarterly-profit-16-pct-105446788.html

-SGX could see its fortunes improve in the next few quarters as a number of billion-dollar listings are expected to hit the exchange.

 

 

After i sold last week.

Today can get even more cheaper!!!

6.67 ! Load then think later  la! Nobody want i take lor, i help them cut loss  :)

 

Don't bet too big on this....just put it there to collect dividend......market will be hot one day for it to reach $10.....:)

 

Ha ha ha. I still alive.

This morning sold all 13 lots at 6.73



*17 in a row. Some trade i only earn a little. But at least i get a win % by not losing any.

warrenbegger      ( Date: 09-Apr-2012 21:33) Posted: Siao liao la! I dare to load at 6.68 This time going to be red liao :)

 

On the chart, i can see that sweet banana is getting bigger and bigger liao :)

 

DMG Report

http://sgxreports.blogspot.com/2012/04/singapore-exchange_09.html