ShareJunction - Member Posts

Back

Latest Posts By ozone2002 - Supreme

About ozone2002

First < Newer 5241-5260 of 7452 Older> Last

17-Sep-2009 10:49

SIA / A380 A Great Way to Fly

Go to Message

x 0

SIA broke its resistance of 13.5 ..

what a great way to fly :)

Good Post Bad Post

17-Sep-2009 10:48

Midas / Midas

Go to Message

x 0

current levels 88c to 1.04 represents a 18% upside!!

richtan ( Date: 17-Sep-2009 10:26) Posted:

TECHNICAL VIEW by DMG:

James Limjames.lim@dmgaps.com.sg+(65) 6232 3892

Midas Holdings: Targeting the 1.04 level

Wave 1    03 Mar 09   16 Apr 09    0.33   0.56

Wave 2    16 Apr 09   28 Apr 09    0.56   0.42

Wave 3    28 Apr 09   13 Aug 09    0.42   0.905

Wave 4    13 Aug 09   02 Sep 09    0.905 0.81

Wave 5    02 Sep 09   (ongoing)    0.81(ongoing)

Significance      Price     Details

Resistance level 1.04      100% fibonacci move of Wave 1
Current level     0.88      Closing price of MIDAS on 16 Sep 09
Support level     0.84      Confluence of 14, 21 and 50-day MAs

Wave Count is bullish.

As seen on the table above that depicts our Wave Count, Midas Holdings (MIDAS SP) is presently riding on a Wave 5
that is expected to propel the stock further.

Additionally, the bullish moving average crossover seen recently in the MACD chart also suggests that share price
is poised for more upside.

We therefore are technically positive on the stock.

Targeting the resistance level at 1.04.

As the price movement of Waves 5 usually equate to that of Waves 1 according to Elliot Wave guidelines,
resistance and target for Midas is therefore seen at the 1.04 level [ (0.56 – 0.33) +0.81 ].

Meanwhile, in the unlikely event that share price turns bearish, support is expected to be robust at the 0.84 mark
as represented by the confluence of the 14, 21 and 50-day moving averages.

From a fundamental view point, we have a price target of S$1.05 on Midas Holdings based on 22.5x blendedFY09/10 P/E.

Good Post Bad Post

17-Sep-2009 10:45

AusGroup / AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m

Go to Message

x 0

bulk of the market started to realise today..

now ausgrp in top vol..

good thing for those who heeded my call to go in when the market was chasing ezion and leaving ausgrp lagging.. perfect opportunity :)

cheers!

ozone2002 ( Date: 16-Sep-2009 16:13) Posted:

now 74.. yes.. market is starting to realise..

ozone2002 ( Date: 15-Sep-2009 14:45) Posted:

ezion has moved considerably on news of gorgon..

so far ausgrp is lagging.. will catch up when market realises..

be the leader not the follower..

DYODD

Good Post Bad Post

17-Sep-2009 10:43

Swiber / Swiber

Go to Message

x 0

time for this baby to show its true worth!

ozone2002 ( Date: 16-Sep-2009 15:35) Posted:

just riding the wave..vested 93.5

huge vol today..

Good Post Bad Post

16-Sep-2009 23:01

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Seems familiar does it not?
Headlines 1930

1. February 2, 1930: Market Recovering Faster Than Expected

2. February 2, 1930: Banks Have Started Hiring Again

3. February 5, 1930: The Cash On The Sidelines Is Coming Back!

4. February 7, 1930: Easy Money Driving Recovery

5. February 9, 1930: "New Era" Not Over Yet!

6. February 14, 1930: More Green Shoots!

7. February 16, 1930: Speculators And IPOs Come Back

8. February 28, 1930: Uh Oh, The Market's Getting Overbought

9. March 2, 1930: Loving The Volatility

10. March 4, 1930: That Wasn't A Crash--It Was Just A Dip!

11. March 6-7, 1930: More Easy Money

12. March 7, 1930: The Crash Wasn't So Bad After All

13. March 9, 1930: Unemployment Is Finally Under Control

14. March 12, 1930: But What Happens If Foreigners Stop Financing Us?

15. March 14, 1930: Even More Easy Money

16. March 22, 1930: Is It A New Bull Market Or A Sucker's Rally?

17. March 25, 1930: More Green Shoots!

18. March 26, 1930: The New Bull Market Is Great For Business

19. April 16, 1930: But Wait, Are The Fundamentals Really That Good?

20. April 17, 1930: The End. The sucker's rally peaks. The DOW hits a level it will not see again until July, 1954

Good Post Bad Post

16-Sep-2009 22:53

Citic Envirotech / United Envirotech

Go to Message

x 0

as expected UTD got queried by SGX..

they said they are in contract negotiations and will announce in due time when successful.

looks like got potential..

Good Post Bad Post

16-Sep-2009 16:21

Midas / Midas

Go to Message

x 0

89!!! time to break 90 to sustain the uptrend..

Good Post Bad Post

16-Sep-2009 16:13

AusGroup / AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m

Go to Message

x 0

now 74.. yes.. market is starting to realise..

ozone2002 ( Date: 15-Sep-2009 14:45) Posted:

ezion has moved considerably on news of gorgon..

so far ausgrp is lagging.. will catch up when market realises..

be the leader not the follower..

DYODD

ozone2002 ( Date: 15-Sep-2009 14:24) Posted:

gorgon project confirmed!!

some spillover to ausgrp..

Good Post Bad Post

16-Sep-2009 15:47

Midas / Midas

Go to Message

x 0

squeezed out all the weak holders.. now the strong holders push the stock up

ozone2002 ( Date: 16-Sep-2009 13:16) Posted:

Midas looks like breaking out today..

but will it go back to sleep?.. i certainly hope not.. :)

Good Post Bad Post

16-Sep-2009 15:35

Swiber / Swiber

Go to Message

x 0

just riding the wave..vested 93.5

huge vol today..

Good Post Bad Post

16-Sep-2009 15:15

Midas / Midas

Go to Message

x 0

BREAKOUT BABY!! 88.5!!!

Good Post Bad Post

16-Sep-2009 14:20

Citic Envirotech / United Envirotech

Go to Message

x 0

can reach ipo price 47c?.. keke

Good Post Bad Post

16-Sep-2009 13:30

IPO / Gaoxian Fibre Fabric Holdings

Go to Message

x 0

good luck to all who subscribed..

Good Post Bad Post

16-Sep-2009 13:24

Citic Envirotech / United Envirotech

Go to Message

x 0

i use my profits for UTD and switched to NOVENA..

NOVENA is a laggard..

Good Post Bad Post

16-Sep-2009 13:16

Midas / Midas

Go to Message

x 0

Midas looks like breaking out today..

but will it go back to sleep?.. i certainly hope not.. :)

Good Post Bad Post

15-Sep-2009 22:13

IPO / Gaoxian Fibre Fabric Holdings

Go to Message

x 0

is this worth a try?

saw a report grey market price is 33c

Good Post Bad Post

15-Sep-2009 19:07

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

What recovery?????

The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination - and is why your Christmas stocking may be on the light side this year.

Above: The 'ghost fleet' near Singapore. The world's ship owners and government economists would prefer you not to see this symbol of the depths of the plague still crippling the world's economies

Just 12 months ago these financiers and brokers were enjoying fat bonuses as they traded cargo space. But nobody wants the space any more, and those that still need to ship goods across the world are demanding vast reductions in price.

Do not tell these men and women about green shoots of recovery. As Briton Tim Huxley, one of Asia's leading ship brokers, says, if the world is really pulling itself out of recession, then all these idle ships should be back on the move.
This is the time of year when everyone is doing all the Christmas stuff,' he points out.

'A couple of years ago those ships would have been steaming back and forth, going at full speed. But now you've got something like 12 per cent of the world's container ships doing nothing.'

As the shipping industry teeters on the brink of collapse, the activity at boatyards like Mokpo and Ulsan in South Korea all looks like a sick joke. But the workers in these bustling shipyards, who teem around giant tankers and mega-vessels the length of several football pitches and capable of carrying 10,000 or more containers each, have no choice; they are trapped in a cruel time warp.

There have hardly been any new orders. In 2011 the shipyards will simply run out of ships to build

Above: 750ft-long merchant vessel is standing absurdly high in the water. The low waves don't even bother the lowest mark on its Plimsoll line. It's the same with all the ships parked here, and there are a lot of them. Close to 500. An armada of freighters with no cargo, no crew, and without a destination between them.

If ever you had an irrational desire to charter one, now would be the time. This time last year, an Aframax tanker capable of carrying 80,000 tons of cargo would cost £31,000 a day ($50,000). Now it is about £3,400 ($5,500).

This is why the chilliest financial winds anywhere in the City of London are to be found blowing through its 400-plus shipping brokers.

Between them, they manage about half of the world's chartering business. The bonuses are long gone. The last to feel the tail of the economic whiplash, they - and their insurers and lawyers - await a wave of redundancies and business failures in the next six months. Commerce is contracting, fleets rust away - yet new ship-builds ordered years ago are still coming on stream.

There are many more images in the story as well as tales of the local fisherman, such as Ah Wat who says:

"'We don't understand why they are here. There are so many ships but no one seems to be on board. When we sail past them in our fishing boats we never see anyone. They are like real ghost ships and some people are scared of them. They believe they may bring a curse with them and that there may be bad spirits on the ships."

The ghost fleet is not exactly "secret" given the availability of satellite images. Nonetheless, there has not been widespread reporting of this phenomenon by mainstream media.

Baltic Dry Index Shows Collapse In Shipping Demand

Given the buildup of ships sitting empty on the ocean, the collapse in the Baltic Dry Index is readily explainable.

Please see Investment Tools for more charts and information on Baltic Exchange Dry Index (BDI) & Freight Rates.

Protectionism Will Make Matters Worse

Growing protectionism will exacerbate the problems facing the global economy.

In the 1930's Smoot Hawley completely ruined the agricultural sector in one fell swoop. Now, Obama Risks Global Trade War With Misguided Tariffs over steel and tires.

China has retaliated by "investigating" automotive and chicken exports from the US.

Note that rising protectionism is a symptom of global trade problems and issues. Unfortunately, rising protectionism does nothing but make matters worse.

Good Post Bad Post

15-Sep-2009 17:02

Citic Envirotech / United Envirotech

Go to Message

x 0

no need to wait 18th.. today already hit 28c..

time for celebration..

1362945 ( Date: 15-Sep-2009 12:08) Posted:

TP 18th Sept: 0.28

TP 30th Sept: 0.35

Good Post Bad Post

15-Sep-2009 16:56

Citic Envirotech / United Envirotech

Go to Message

x 0

27.5!!!.. some good news?

hope SGX don't halt this counter

ozone2002 ( Date: 15-Sep-2009 16:28) Posted:

25.5 - 26!!!!

going bersek!

Good Post Bad Post

15-Sep-2009 16:28

Citic Envirotech / United Envirotech

Go to Message

x 0

25.5 - 26!!!!

going bersek!

Good Post Bad Post

First < Newer 5241-5260 of 7452 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.