Thursday 28 April 2016

SHENG SIONG ON A ROLL

I missed this yesterday. Another set of good results from your favourite supermarket for the masses.

Wait till their annual gameshow comes along on TV. That's when they roll up too.

Wednesday 27 April 2016

SEMBCORP MARINE...ZZZ

Latest results for SEmbcorp Marine is dismal where NPAT and EPS "registered a whopping 49% drop. 

Company expects the current downcycle to be 'protracted'.

What does protracted mean? 

Lasting for a long time or longer than expected or usual.

So how?

Sell?

Suck thumb?

Sell.

FAR EAST HOSP, BAD HEDGES

Oh boy. Minus 50% in total returns for Q1.

Looks like hedging interest rates not really working out.

Jialat.

Monday 25 April 2016

DOW LAO SAI?

Dow is down 130 points now.

A case of sell in May?

Maybe not.

But the Aramco IPO will be the top.

Saturday 23 April 2016

MAS RAIDS BROKING FIRMS

Lovely.

What's goes around, comes around. Nothing beats karma.

But with 4 counters mentioned in a Straits Times article, Monday may be a bloodbath for them.

Cheers.

Friday 22 April 2016

FRASER CENTREPOINT TRUST, HIDDEN DISAPPOINTMENT

I looked through FCT's slides and was initially pleased.

But upon further scrutiny of the financial statements...I was disappointed.

Why like that ah?


Monday 18 April 2016

KEPPEL CORP 1Q 2016 RESULTS IS...

Kepcorp's 1Q is stunning.

Revenue down 40%, net profit down 40%, EPS down 40%.

I am stunned. Like +40% stunned.

SHORT EVERY DOHA

I do not know why people were trading on Doha hopes.

I would be shorting again if there was a next Doha.

Would you?


Thursday 14 April 2016

SING DOLLAR DOWN. SO HOW?

Looks like MAS just caved in this morning. 

Looks like global economy is gonna be weak in the near term.

Looks like Janet is not going to raise rates any time soon.

So how?

Party on. 

Buy more.

Wednesday 13 April 2016

KEPPEL INFRASTRUCTURE TRUST...JIALAT

Not very good results. Especially on the hedged stuff. Depreciation major.

Saturday 9 April 2016

OSIM OFFER NOW $1.41

News is out. $1.41 to take into consideration ex-div.

Sweet enough? Or still have a bad taste in your mouth?

Tuesday 5 April 2016

AHT...ALL BETS ARE OFF

According to SGX filings, the deals are off for Ascendas Hospitality Trust.

Gong Xi Fa Cai.