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 Traders Kopitiam! V8

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gark
post Oct 9 2015, 02:33 PM

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QUOTE(Pink Spider @ Oct 9 2015, 02:24 PM)
So...it's a BUY for Mr Ho??? blink.gif
*
But. but.. siapa mau curi itu hor yan hor patent? tongue.gif
gark
post Oct 9 2015, 04:29 PM

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QUOTE
PIRA Energy Group, a closely watched forecaster that predicted the slump in oil prices a year ago, said on Thursday it expected crude prices to rise to $70 per barrel by the end of 2016 and $75 a barrel in 2017.


Yay towards $80 in 2018.. rclxms.gif rclxms.gif rclxms.gif
gark
post Oct 9 2015, 04:36 PM

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QUOTE(Pink Spider @ Oct 9 2015, 04:35 PM)
Apa dog shit rubbish also green doh.gif
*
Why complain? rolleyes.gif

Green is good, green is greed ... drool.gif


gark
post Oct 9 2015, 04:40 PM

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QUOTE(Pink Spider @ Oct 9 2015, 04:38 PM)
No more bargains liao doh.gif

Feel wanna move cash out from my trading account back to UTs grumble.gif

Or...top up some REITs hmm.gif
*
Always got bargains one.. depending on where you look..

OnG can be viewed as 'bargain' .. still 50% from high.. tongue.gif

But then, the risk is equally high too... laugh.gif
gark
post Oct 9 2015, 05:31 PM

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QUOTE(foofoosasa @ Oct 9 2015, 05:05 PM)
I know many knows but see how many take action? See this forum how quiet then know liao lo
*
Quiet? Lol actually looking for stocks which has not appreciated .. yet. laugh.gif In this case an 'OnG' stock which has been beaten to the ground despite it is not really dependent on oil price. laugh.gif

Looking at a gas pipeline company which have high re-curing income ..with locked in contract 10Y or more. Last 2Q profit increased 20% YoY and with 2 more pipeline completing in 3Q and 4Q, expect the earnings will be up by 60% in 2016.

Currently sells at 7x PE only..PBV 0.9, looks good eh? Company earned $5.3 million in 1H15 on $100 million sales.. and the current market cap is just $57 million brows.gif

This post has been edited by gark: Oct 9 2015, 05:34 PM
gark
post Oct 10 2015, 01:40 PM

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QUOTE(foofoosasa @ Oct 10 2015, 12:31 AM)
See the pinned thread mah.

Normally hor uptreand like this i only see  rclxm9.gif  rclxm9.gif  expression 1 day move like 10 pages.

Now not even more than 5 posts  tongue.gif , so means majority buyer basically still the foreigner. ( My assumption la)

but sometimes company tends to cancel contract rather paying penalty right? sweat.gif Maybe i dont understand the whole story la... sweat.gif another tipsy by gark goh  brows.gif
*
Depend on contract.. if use or pay contract, then have to pay for remaining lifetime of contract even if it is cancelled, like those for Armada, sometimes negotiations can lead to some discount for remaining lifetime. Due to very long lifetime contract for FPSO, sometimes the oil company have no choice but to keep pumping although at loss. brows.gif

Gas pipeline contract usually have minimum mmscfd usage, below the minimum, you still have to pay for those you did not use. Some company during slowdowns rather throw away the un-used gas just to meet the minimum, than the gas company get 'buta' profits. rolleyes.gif

Some contract have specific cancellation clauses and/or penalty clauses.

Note : mmscfd = million standard cubic feet per day, standard measurement for nat gas.

This post has been edited by gark: Oct 10 2015, 01:50 PM
gark
post Oct 10 2015, 01:40 PM

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QUOTE(cooldownguy86 @ Oct 9 2015, 07:54 PM)
Idx right haha
*
Haha ... alot of hidden jewels eh? brows.gif

This post has been edited by gark: Oct 10 2015, 01:53 PM
gark
post Oct 10 2015, 01:41 PM

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QUOTE(holybo @ Oct 9 2015, 06:43 PM)
why 2018? End of this year la
*
Haha I not so optimistic.. tongue.gif
gark
post Oct 10 2015, 05:45 PM

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QUOTE(holybo @ Oct 10 2015, 02:30 PM)
Later Russia accidentally bomb the oil rigs then shoot up to USD 80 within days  tongue.gif
*
rolleyes.gif

user posted image
gark
post Oct 12 2015, 09:32 AM

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QUOTE(Pink Spider @ Oct 12 2015, 09:24 AM)
Local funds gonna sarpork KLSE...

Najibnomics come into play... whistling.gif

No more bargains yawn.gif
*
Come find bargains in IDX.. lots of em.. brows.gif
gark
post Oct 12 2015, 09:37 AM

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QUOTE(Pink Spider @ Oct 12 2015, 09:35 AM)
Moving my cash in trust account back to my unit trusts...

No confidence to play overseas markets yet sweat.gif
*
Unit trust... rolleyes.gif

Unit trust no fun leh, stocks more exciting.. laugh.gif
gark
post Oct 12 2015, 09:42 AM

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QUOTE(Boon3 @ Oct 12 2015, 09:40 AM)
laugh.gif
Ringgit gained negative movement against the USD this morning....
ahhh..... the topsy turvy world.....

tongue.gif
*
One day up.. one day down.. currency like stock markets liao.. tongue.gif

So you predict up or down for USD? laugh.gif
gark
post Oct 12 2015, 09:42 AM

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QUOTE(Pink Spider @ Oct 12 2015, 09:41 AM)
Can get annualised return of 10%+/-, ok liao

At least no need micro-monitoring blush.gif
*
Dun aim so low leh...

Remember bagger boon theory.. tongue.gif
gark
post Oct 12 2015, 09:53 AM

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QUOTE(Boon3 @ Oct 12 2015, 09:51 AM)
Now if you are NOT a short term trader...
these are exactly what you call noises....

for the short term trader..
one is probably forced to make judgement calls every day considering the wild swings in the fx markets....tongue.gif
failing to do so, one would have massive swings in profits/losses the past week....
for example....
Hevea.... hit an intra day high of 1.30...
everything looked smooth...
blue skies...
LOL!!!
next...
the dollar fall into drain....
in the blink of the eye....
Hevea followed the plunging dollar and hit a low of 1.14

these are the short term swings....
the short term trader has to deal with it...

whereas...
the longer time trader...
knows he/she has time on their advantage ( unless of course, they stubbornly hold on to a bad trade) ....
time is but their bestest friend...... tongue.gif

which goes back to what I have been saying...
we need to know truly what our  own game plan is.....
oh shit..... I have not answered your question.... doh.gif
LOL!
Meanwhile..... slightly 'old' news....
http://www.dailymail.co.uk/news/article-32...uling-kind.html
*

Yes you have not answer the question.. tongue.gif

Why give link to death penalty article? laugh.gif

SA gonna fall soon? brows.gif

This post has been edited by gark: Oct 12 2015, 09:55 AM
gark
post Oct 12 2015, 11:27 AM

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QUOTE(Boon3 @ Oct 12 2015, 10:00 AM)
rolleyes.gif

LOL!
I am in the opined that USD strength is not the main weakness of our ringgit...
yes... weaker commodities did helped.... but main reason is the confidence factor. wink.gif

in which last week...
we saw strength in commodities across the board...
and crude oil strengthened...
and the USD plunged....

but on our local front...
have things improved?
wink.gif
so what was your question?
*
Got a bit lah...

Signing of TPP is positive for export also.. tongue.gif

other than that.. errr...

See yellen when wan to announce raise interest rate only.. tongue.gif
gark
post Oct 12 2015, 11:28 AM

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QUOTE(Boon3 @ Oct 12 2015, 10:31 AM)

where is my lizard?
where did it run off too?
*
hmm.gif
gark
post Oct 12 2015, 11:39 AM

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QUOTE(Boon3 @ Oct 12 2015, 11:35 AM)
TPp is....er...toilet paper producers?
*
A toilet paper producer in KLSE is doing not bad wor.. laugh.gif
gark
post Oct 12 2015, 12:05 PM

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QUOTE(Boon3 @ Oct 12 2015, 11:48 AM)
tongue.gif

Lousy stock. tongue.gif
So this agreement is signed....
But.....
Some how no one is certain if the details.....

Dafuq?
*
The agreement is still national secret.. otherwise opposition make many noise brows.gif

Have to be ratified in the parliament first.. although signed, expect the gov to push it through quickly.. tongue.gif

USA give carrot to our DPM.. if sign and ratified.. will approve VISA free to USA for Malaysian.. rolleyes.gif

This post has been edited by gark: Oct 12 2015, 12:09 PM
gark
post Oct 12 2015, 12:12 PM

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QUOTE(Boon3 @ Oct 12 2015, 12:08 PM)
laugh.gif

National secret?

Who is it signed for?
The country ..... OR ..... ??????
*
Well.... the ' trade minister' is fully authorized to negotiate the TPP, now we wonder if he done his job right or having fun in USA during the negotiations. brows.gif

http://www.thenewamerican.com/economy/item...secret-tpp-pact

Secret even to the american public.. tongue.gif

reasons?

QUOTE
Consensus in Atlanta was only reached after a number of countries made concessions on protected industries, moves which might be hard for domestic voters to swallow. And critics lambasted the way many details are still secret.

"The lack of access to details in the text means governments can put a positive spin on the deal, but the devil is in the detail, and we won't have the detail for at least another month," said Patricia Ranald, coordinator of the Australian Free Trade and Investment Network.
http://www.themalaysianinsider.com/malaysi...free-trade-area

This post has been edited by gark: Oct 12 2015, 12:15 PM
gark
post Oct 12 2015, 12:20 PM

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QUOTE(Boon3 @ Oct 12 2015, 12:20 PM)
I am sure you are aware that not many are fan of Obama...

I can't even remember that last good American President.

Trump running?
Die standing laaaaaaa.....
No wonder I look up China..... tongue.gif
*
China dun wan to sign the TPP.. laugh.gif

So is Indonesia.. hmm.gif

This post has been edited by gark: Oct 12 2015, 12:21 PM

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