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Earlybird s talk - Sgx stock

It seems to me the market will be quiet after the March reporting reason is over.  Do you think there will be sell in May and go away? Any comment.

 

Today market very boring. Forex up down less than 0.15%, index too. All stagnant, do you know any big news coming then nobody don't want to commit?

TechnicalTrader      ( Date: 07-Mar-2017 13:41) Posted: No Desire To Buy No Desire To Sell.....  Don' t Waste Time On  NOBLE Spend More Time On Other Counters

 

Thk for the guide

 

No Desire To Buy

No Desire To Sell..... 

Don' t Waste Time On  NOBLE

Spend More Time On Other Counters

 

yes for short-term gain... 33% of  US$700 not bad... and could be higher.

but the strategic investor from China could add more value   into HK Life Ins. Better still if OCBC can keep a stake.. 

Difficult to find another HK Life Ins. IMO

davidoch      ( Date: 07-Mar-2017 09:14) Posted: TT & Bird Bird, Any insight for these news vs TA or whatever A?   http://www.theedgemarkets.com.sg/article/ocbc-could-stand-gain-contest-hong-kong-life-insurance     OCBC could stand to gain in contest for Hong Kong Life Insurance SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including  China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance companies left in the former British colony.

 

yes.... 300M becomes 750M... morale boosting....

not much effect on price until next Q results.

trade with care.

earlybird14      ( Date: 07-Mar-2017 09:17) Posted: Just give credit to noble management for 750mio( ft said 300mio) with 8.75%. It is still acceptable range with about 60-70mio interest per year. If noble turn around quickly do redemption and roll over with low interest once credit rating back. Let's wait for a turn around. TechnicalTrader      ( Date: 07-Mar-2017 09:02) Posted: EXACTLY Then they have more time to focus on operation...  They have more spare cash to burn

 

Ok. Already news by public is old news which mean priced in.

ehclim      ( Date: 07-Mar-2017 09:46) Posted: I think he is referring to Bukit Sembawang which is very conservative and prudent company. Indeed it is for retirement stock. earlybird14      ( Date: 07-Mar-2017 09:32) Posted: What is BS? Stock is like that, if banks stock in brewing, all bank stocks will start at same started line and run at the same time. The run slower mean he is weak, doesn't mean he will catch up. Among all banks in sgx Ocbc is weak, I don't see result, from chart can know already because chart reflect the running competition.

 

I think he is referring to Bukit Sembawang which is very conservative and prudent company. Indeed it is for retirement stock.

earlybird14      ( Date: 07-Mar-2017 09:32) Posted: What is BS? Stock is like that, if banks stock in brewing, all bank stocks will start at same started line and run at the same time. The run slower mean he is weak, doesn't mean he will catch up. Among all banks in sgx Ocbc is weak, I don't see result, from chart can know already because chart reflect the running competition. davidoch      ( Date: 07-Mar-2017 09:28) Posted: Bird Bird,   BS move like hell....from 4.85 now 6.65 within 3 days.Are they related with OCBC soon> > >

 

Thanks to Bird..

BS= Bukit Sembawang

 

We shall know why noble can't raise bond in last 2 years instead selling noble Agri and naes and right issue. Nobody want to help them to raise.

But today, they raised successfully. Will suddenly noble turn positive cash flow? Who knows after they burning 3-4bil plus fair value gain lower down few billion drastically.

I give credit for 750mio which show institutions confidence to noble for possible turnaround. Next to do still monitor quarter result quarter by quarter.

earlybird14      ( Date: 07-Mar-2017 09:28) Posted: Play noble share don't need to put our view too far away. 7month ago it is still 11, last few weeks highest 27.5. Even she eventually go bankrupt it most probably will be 1-2 year later. Cash mean safe line, so long as bankrupt risk remove market will give positive. But once they can't turn around, 1 year later market will punish them. So now got cash is positive, moody already said, so long as they reduce the 1.3-1.5bil mature in 2018, they will up noble credit. But they will only know in next quarter result to issue an upgrade. So to noble this 750mio is possitive in short term so long as commodity and stock market don't crash short term. ehclim      ( Date: 07-Mar-2017 09:20) Posted: Indeed it is a double edged sword for the current bond issue. On one hand, it is a good thing for Noble to stop using short term RCF for business financing and focus on their business operation. On the other hand, they will burn a bigger hole if they are not prudent and continues to burn cash then it will spell disaster to Noble going forward. I hope they will change their old habit of burning cash.

 

What is BS? Stock is like that, if banks stock in brewing, all bank stocks will start at same started line and run at the same time. The run slower mean he is weak, doesn't mean he will catch up. Among all banks in sgx Ocbc is weak, I don't see result, from chart can know already because chart reflect the running competition.

davidoch      ( Date: 07-Mar-2017 09:28) Posted: Bird Bird,   BS move like hell....from 4.85 now 6.65 within 3 days.Are they related with OCBC soon> > > earlybird14      ( Date: 07-Mar-2017 09:24) Posted: Price not moving mean this is kacang operation news. So still 9.42-9.65 with mid level as guide 9.55 and move up or move down to break top or bottom. Now 9.

 

Play noble share don't need to put our view too far away. 7month ago it is still 11, last few weeks highest 27.5.

Even she eventually go bankrupt it most probably will be 1-2 year later.

Cash mean safe line, so long as bankrupt risk remove market will give positive.

But once they can't turn around, 1 year later market will punish them.

So now got cash is positive, moody already said, so long as they reduce the 1.3-1.5bil mature in 2018, they will up noble credit. But they will only know in next quarter result to issue an upgrade.

So to noble this 750mio is possitive in short term so long as commodity and stock market don't crash short term.

ehclim      ( Date: 07-Mar-2017 09:20) Posted: Indeed it is a double edged sword for the current bond issue. On one hand, it is a good thing for Noble to stop using short term RCF for business financing and focus on their business operation. On the other hand, they will burn a bigger hole if they are not prudent and continues to burn cash then it will spell disaster to Noble going forward. I hope they will change their old habit of burning cash. TechnicalTrader      ( Date: 07-Mar-2017 09:02) Posted: EXACTLY Then they have more time to focus on operation...  They have more spare cash to burn

 

Bird Bird,

 

BS move like hell....from 4.85 now 6.65 within 3 days.Are they related with OCBC soon> > >

earlybird14      ( Date: 07-Mar-2017 09:24) Posted: Price not moving mean this is kacang operation news. So still 9.42-9.65 with mid level as guide 9.55 and move up or move down to break top or bottom. Now 9.5 davidoch      ( Date: 07-Mar-2017 09:14) Posted: TT & Bird Bird, Any insight for these news vs TA or whatever A?   http://www.theedgemarkets.com.sg/article/ocbc-could-stand-gain-contest-hong-kong-life-insurance     OCBC could stand to gain in contest for Hong Kong Life Insurance SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including  China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance companies left in the former British colony.

 

Price not moving mean this is kacang operation news.

So still 9.42-9.65 with mid level as guide 9.55 and move up or move down to break top or bottom. Now 9.5

davidoch      ( Date: 07-Mar-2017 09:14) Posted: TT & Bird Bird, Any insight for these news vs TA or whatever A?   http://www.theedgemarkets.com.sg/article/ocbc-could-stand-gain-contest-hong-kong-life-insurance     OCBC could stand to gain in contest for Hong Kong Life Insurance SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including  China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance companies left in the former British colony.

 

Indeed it is a double edged sword for the current bond issue. On one hand, it is a good thing for Noble to stop using short term RCF for business financing and focus on their business operation. On the other hand, they will burn a bigger hole if they are not prudent and continues to burn cash then it will spell disaster to Noble going forward. I hope they will change their old habit of burning cash.

TechnicalTrader      ( Date: 07-Mar-2017 09:02) Posted: EXACTLY Then they have more time to focus on operation...  They have more spare cash to burn earlybird14      ( Date: 07-Mar-2017 08:57) Posted: To long buyer it is good news since 750mio enough for 1 yea

 

Just give credit to noble management for 750mio( ft said 300mio) with 8.75%. It is still acceptable range with about 60-70mio interest per year. If noble turn around quickly do redemption and roll over with low interest once credit rating back.

Let's wait for a turn around.

TechnicalTrader      ( Date: 07-Mar-2017 09:02) Posted: EXACTLY Then they have more time to focus on operation...  They have more spare cash to burn earlybird14      ( Date: 07-Mar-2017 08:57) Posted: To long buyer it is good news since 750mio enough for 1 yea

 

TT & Bird Bird,

 

 

EXACTLY

Then they have more time to focus on operation... 

They have more spare cash to burn

earlybird14      ( Date: 07-Mar-2017 08:57) Posted: To long buyer it is good news since 750mio enough for 1 year TechnicalTrader      ( Date: 07-Mar-2017 07:52) Posted: On Noble Group This should be good news .. The Company is pleased to announce that the Notes have been fully placed to institutional and/or accredited investors (or their equivalent in jurisdictions outside Singapore). Pricing and Principal Terms of the Notes The Notes were priced on 6 March 2017 and the principal terms of the Notes are as follows: Aggregate Principal Amount : U.S.$750,000,000 Maturity Date : 9 March 2022

 

So let's see how noble turnaround in this year by monitor quarter by quarter.

8.75% interest. Is ok.

Noble always. Debt and cash flow.

earlybird14      ( Date: 07-Mar-2017 08:57) Posted: To long buyer it is good news since 750mio enough for 1 year TechnicalTrader      ( Date: 07-Mar-2017 07:52) Posted: On Noble Group This should be good news .. The Company is pleased to announce that the Notes have been fully placed to institutional and/or accredited investors (or their equivalent in jurisdictions outside Singapore). Pricing and Principal Terms of the Notes The Notes were priced on 6 March 2017 and the principal terms of the Notes are as follows: Aggregate Principal Amount : U.S.$750,000,000 Maturity Date : 9 March 2022

 

To long buyer it is good news since 750mio enough for 1 year

TechnicalTrader      ( Date: 07-Mar-2017 07:52) Posted: On Noble Group This should be good news .. The Company is pleased to announce that the Notes have been fully placed to institutional and/or accredited investors (or their equivalent in jurisdictions outside Singapore). Pricing and Principal Terms of the Notes The Notes were priced on 6 March 2017 and the principal terms of the Notes are as follows: Aggregate Principal Amount : U.S.$750,000,000 Maturity Date : 9 March 2022