OZONE - Preferred Stocks & Portfolio and Trades + News Updates

Discussion in 'The Trading Floor' started by ozone, May 21, 2016.


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  1. ozone

    ozone Well-Known Member

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    Biggest Payout for my Shorts on WILMAR !!! Shorted yesterday @ 3.35 and Covered @ 2.99 !!! :sifone:
     
  2. ozone

    ozone Well-Known Member

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    GLOBAL LOGISTICS PROPERTIES have been such a BIG WINNING STOCK this year !!! Thank U Guys so very much for spurring Me On this Stock !!! Whatever Stupid Nic Name was given repeatedly,it's really,really Okie as long as it is a PROFITABLE STOCK !!! :thumbup:
     
  3. dreamcatcher

    dreamcatcher Member

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    Singapore Exchange Says Won’t Resume Trading on Thursday
    By Sebastian Tong
    (Bloomberg) -- Market will not resume trading at 4:00pm and will not re-open on Thursday, Singapore Exchange says in email.
    NOTE: SGX had earlier said it would resume trading at 4pm after postponing trading resumption from 2pm; trading halted at 11:38am Thursday due to duplicated trade confirmation messages {FIFW NSN OAANEG6JTSE8 <GO>}
     
  4. dreamcatcher

    dreamcatcher Member

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    *singapore exchange to resume trading at 4pm local time
     
  5. dreamcatcher

    dreamcatcher Member

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    *singapore exchange says won't resume trading at 2pm local time
     
  6. dreamcatcher

    dreamcatcher Member

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    *sgx says mkt to resume trading at 1400 hours
     
  7. ozone

    ozone Well-Known Member

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    Juz before System hanged,I'm so glad that I managed to Take Profit$$$ from FIRST RESOURCES !!! WooHoo !!! :thumbup:
     
  8. dreamcatcher

    dreamcatcher Member

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    *sgx securities mkt temporarily ceased trading as at 1138 hours
     
  9. ozone

    ozone Well-Known Member

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    Happy Start this morning with UMS !!! Managed to secure both their DIVIDENDS and Trading Profits !!! :thumbup:
     
  10. dreamcatcher

    dreamcatcher Member

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    China Pension Readies $300 Billion Warchest for Markets Foray
    Pension funds seen entering equity market in the second half
    Low returns have undermined system facing an aging population
    By Justina Lee

    (Bloomberg) --
    China’s pension funds are about to become stock investors.

    The country’s local retirement savings managers, which have about 2 trillion yuan ($300 billion) for investment, are handing over some of their cash to the National Council for Social Security Fund, which will oversee their investments in securities including equities. The organization will start deploying the cash in the second half, according to China International Capital Corp. and CIMB Securities.

    Chinese policy makers announced the change last year in a bid to boost yields for a pension system that has long suffered low returns by limiting its investments to deposits and government bonds. For the nation’s equity markets -- which are dominated by retail investors and among the world’s worst performers this year -- the state fund’s presence is even more valuable than its cash, said Hao Hong, chief China strategist at Bocom International Holdings Co.

    The NCSSF has "such a good reputation in being a value investor that if they take the lead, the signaling effect is actually quite strong," said Hong, who had predicted the start and peak of China’s equity boom last year. "It’s almost like Warren Buffett saying he is buying a stock."


    The NCSSF, which oversees 1.5 trillion yuan in reserves for China’s social security system, has returned an average 8.8 percent a year since 2000, the Securities Daily reported earlier this year, citing official data. The larger pension system, on the other hand, has been locally managed and made just 2.3 percent annually through 2014, the newspaper said.

    The organization’s entry will come as Shanghai stocks begin a gradual recovery that has pared their losses for the year to 16 percent from as much as 25 percent. While yuan depreciation concerns are pressuring Chinese assets lower, the economy is showing some signs of stabilizing. The nation’s foreign-exchange reserves unexpectedly climbed in June in a sign of slowing outflows, while a measure of services rose.

    The entry "will be a positive event in terms of sentiment but the actual impact won’t be drastic," said Ben Bei, an analyst at CIMB Securities in Hong Kong. "The fund will tend to be prudent and the progress may be very gradual -- that is, it will enter the market over the next several years."

    Venturing into China’s volatile stock markets -- where a crash erased $5 trillion of value last year -- isn’t without its risks for funds traditionally focused on more stable assets. Japan’s government pension fund, the world’s largest, may have lost about $43 billion in the second quarter, Morgan Stanley MUFG Securities Co. estimated. This adds fuel to criticism over the Government Pension Investment Fund’s decision to boost equity allocations in 2014.

    Seeking Returns

    Low returns are a challenge for China’s pension system, which is already facing pressure from a rapidly aging population. The country’s old-age dependency ratio -- a measure of those 65 or over per 100 people of working age -- is set to triple to 39 by 2050. The NCSSF didn’t respond to an e-mail seeking comment.

    The pension funds are more likely to buy blue-chip firms, said CIMB’s Bei, while Bocom’s Hong said they’ll probably seek out shares of state-owned enterprises with low valuations. With the market down for the year, the timing is right for entry, said Hong.

    Up to 30 percent of Chinese pension investments’ net value can be allocated to stocks, while the cap for bonds is 135 percent. While that means the funds can theoretically inject 600 billion yuan into shares -- compared with the Shanghai market’s 25.9 trillion yuan size -- CICC estimates that purchases this year will be limited to about 100 billion yuan. Unlike the National Social Security Fund, pension funds can only invest domestically.

    State Help

    Giving the NCSSF more ammunition may serve one more purpose: helping stabilize markets during the next rout. During last year’s tumble, policy makers armed state-run investing company China Securities Finance Corp. with more than $480 billion to try and limit declines.

    "Their mandate is to make a return and make sure the fund doesn’t have a deficit," said Hong. "But in times of crisis when they’re called upon by the state, I think it will be difficult to refuse the request."
     
  11. ozone

    ozone Well-Known Member

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    Recently I have been a bit too busy with my Trading with my Fave Stocks to post here !!! :001_smile:

    Expect GLOBAL LOGISTICS PROPERTIES to do well this week !!! After selling and taking Profit$$$ it is not easy to do Buy-Backs @ lower prices !!! :thumbup:
     
  12. dreamcatcher

    dreamcatcher Member

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    ==> Chance to collect??

    SINGAPORE (July 7): CIMB Research has downgraded Singapore Post (SingPost) from “add” to “hold” with a lower price target of S$1.49, from the previous S$1.76.

    This is based on the outlook of a ‘turbulent year’ of higher depreciation and lower revenue — which could translate to a total of 5-9% losses in FY17-19.

    The latest to step down after the company’s chairman and two directors is COO Sascha Hower, who is also CEO of Quantium Solutions, SingPost’s wholly-owned e-commerce logistics arm. Howard’s resignation, effective Aug 26, 2016, was announced last month.


    [X] CLOSE

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    Following former group CEO Wolfgang Baier’s abrupt resignation in Dec 2015, SingPost is still on the hunt for his replacement.

    In a Wednesday report, analyst Jessalynn Chen says the incoming CEO is likely to face “a difficult FY17” due to anticipated losses from TG, which is expected to incur a full year of losses — as well as a full-year impact from loss of rental income from SPC mall. She also calculates the opening of SingPost’s e-commerce logistics cause to cause about S$7 million of losses due to depreciation.

    Furthermore, SingPost and Alibaba’s intended joint venture (JV) may be on the rocks with latter’s recent acquisition of Lazada coinciding with delays on the long-stop date with its JV agreement with SingPost.

    Alibaba was to invest up to S$92 million and S$187.1 million for a 34% stake in Quantium Solutions and 5% stake in SingPost respectively, among other initiatives. However, given multiple delays on the JV initiative, Chen says it has been removed from CIMB’s base case evaluations.

    SingPost raised its ordinary DPS to 7 cents in FY16 from 6.25 cents, which Chen thinks could have been to compensate shareholders for the delay in the Alibaba JV.

    “We think that a return to 6.25 cents ordinary DPS would make sense to conserve cash for future investments into the ecommerce logistics business,” says Chen.

    Aside from balancing the company’s growth against its dividends, Chen shares a few more tips that CIMB has for SingPost’s group CEO of the future:

    Bring in experienced hires: With dampened investor confidence from SingPost’s recently-announced departures, bringing in experienced hires from companies with similar regional operations may accelerate the company’s push into ecommerce logistics, while tackling competition from other ecommerce enablers.

    Take an upfront impairment of goodwill for TG: This will “ease expectations on the CEO to drive an aggressive amount of synergies in future years”, according to Chen, who says it is “no secret” SingPost overpaid for its acquisition of US e-commerce provider TradeGlobal (TG) from private equity firm Bregal Sagemount. She thinks SingPost’s value-in-use assumptions for its goodwill calculations are only achievable if it brings its acquired brands into new markets. The average organic sales growth rate of selected brands was only 6% in 2015.

    Remain relevant to Alibaba: Even if the JV does not materialise, Chen maintains that SingPost could still remain relevant to Alibaba by handling its cross-border shipments: “We think SPOST’s key competitive advantages remains its postal network and ability to leverage on bilateral agreements and postal-to-postal rates for low-cost cross-border shipments”.

    CIMB now projects a S$212 million capex and $167 million dividends for SingPost in FY17F, with S$127 million cash beginning cash balance and S$223 million operating cash flow.

    This means SingPost stands to face the problem of cash shortage should its 5% share issuance netting S$187.1 million to Alibaba, or the companies’ planned JV, does not materialise.

    “If neither of these deals is completed by end-FY17, SingPost will run out of cash and have to tap on borrowings to fund its cash flow commitments,” says Chen. “This makes us uncomfortable as the deals have been delayed for almost a year, with no certainty as to if and when they will be completed.”
     
  13. dreamcatcher

    dreamcatcher Member

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    *GLOBAL LOGISTIC TO START DEVELOPMENT OF FACILITY IN OSAKA
    *GLP TO DEVELOP FACILITY IN OSAKA FOR $100M

    GLP Begins Development of $100m Osaka Facility
    By Sebastian Tong
    (Bloomberg) -- Global Logistic Properties to develop 71,000 sq m property in Greater Osaka for ~$100m, co. says in statement Thursday.
    Project seen completed in late 2017
     
  14. dreamcatcher

    dreamcatcher Member

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    *ellipsiz ltd : Mandatory conditional cash offer
     
  15. ozone

    ozone Well-Known Member

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    Another Clip of SINGPOST to SELL @ $1.55 - ( Current Price @ 1.545 ) :sifone:
     
  16. ozone

    ozone Well-Known Member

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    Quick PROFIT$$$ from SINGPOST !!! :thumbup:

    Bot Yesterday @ $1.515
    Sold @ $1.535

    Luv GLP and SINGPOST very much !!! :biggrinjester:
     
  17. ozone

    ozone Well-Known Member

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    Yesterday I reviewed my Trading for June :

    - Happy that I worked very hard to be Rewarded with the Highest Trading Profit$$$ so far !!! :hurray:

    - And the Best and Highest Trading Volume and Profit$$$ is yet to be reached !!! :yes:

    So looking forward to a even better Trading Performance in July !!! :001_cool:
     
  18. ozone

    ozone Well-Known Member

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    GLOBAL LOGISTICS PROPERTIES - With Daily Share-Buybacks and Good News - ( SGX.COM ) this Stock have been on an UPTREND - http://sporeshare.blogspot.sg/2016/07/global-logistic.html :thumbsup:
     
  19. ozone

    ozone Well-Known Member

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    Just Back from KL Malaysia yesterday ! And Sniper Academy Forum and my Fave VIU Apps ( for my K Drama Feed ) were Not Available !!! :biggrin:

    Probably need to Fly there more because both Trading and Profits from my Fave - GLOBAL LOGISTICS + GENTING SG + SINGPOST was Good !!! :hurray:

    And my Shorts for DBS was also Profitable too !!! :thumbup1:

    Happy to noticed that there's an Increase in Views during my "Holiday" here ( but not other Investment Forums ) :thumbsup:
     
    Last edited: Jul 3, 2016
  20. ozone

    ozone Well-Known Member

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    OLAM - ( Was waiting to Add More @ Lower Prices but with their Share BuyBacks - 650,000 @ 1.81 - 1.85 it is already too near my BuyBack Price Levels ! ) :001_cool:
     
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