The Trading Floor - June 2018

Discussion in 'The Trading Floor' started by Amator, May 31, 2018.


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  1. koaladreaming

    koaladreaming Well-Known Member

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    Alright Bro will try pay a courtesy visit to your new court.
     
  2. plutus2

    plutus2 Well-Known Member

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    then i SELL him some of my stuckist
     
  3. nottibird

    nottibird Moderator

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    Bro,

    Meantime you may wish to ride on him.
    What if he wants to dress up this window to say....3.62 to 3.72 ?
     
  4. plutus2

    plutus2 Well-Known Member

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    YES, wait for window dresser to leave.. then we torpedo this Tankie
     
  5. nottibird

    nottibird Moderator

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    Guys,

    I think there is a window dressing monkey in STE.
    This month is a quarter end.
    3.50 : 3.51 now.
     
  6. plutus2

    plutus2 Well-Known Member

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    good the morning
     
  7. nottibird

    nottibird Moderator

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  8. nottibird

    nottibird Moderator

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    Interesting observation by Simon Marks, the Channel NewsAsia correspondent based in the US...that the joint statement appears to
    have been prepared by North Korea and translated to English. He said the wordings of the Joint Statement does not look like it came
    from Washington. And this, I have to agree. The joint statement wordings and sentence construction just doesnt look like it was the
    work of the Americans.
     
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  9. Amator

    Amator Well-Known Member

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    Here is the full text of what the two men signed:

    Joint Statement of President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the Democratic People’s Republic of Korea at the Singapore Summit

    President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the State Affairs Commission of the Democratic People’s Republic of Korea (DPRK) held a first, historic summit in Singapore on June 12, 2018.

    President Trump and Chairman Kim Jong Un conducted a comprehensive, in-depth, and sincere exchange of opinions on the issues related to the establishment of new US-DPRK relations and the building of a lasting and robust peace regime on the Korean Peninsula. President Trump committed to provide security guarantees to the DPRK, and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearisation of the Korean Peninsula.

    Convinced that the establishment of new US-DPRK relations will contribute to the peace and prosperity of the Korean Peninsula and of the world, and recognising that mutual confidence building can promote the denuclearisation of the Korean Peninsula, President Trump and Chairman Kim Jong Un state the following:

    1. The United States and the DPRK commit to establish new US-DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity.

    2. The United States and the DPRK will join their efforts to build a lasting and stable peace regime on the Korean Peninsula.

    3. Reaffirming the April 27, 2018 Panmunjom Declaration, the DPRK commits to work toward complete denuclearisation of the Korean Peninsula.

    4. The United States and the DPRK commit to recovering POW/MIA remains, including the immediate repatriation of those already identified.

    Having acknowledged that the US-DPRK summit--the first in history--was an epochal event of great significance in overcoming decades of tensions and hostilities between the two countries and for the opening up of a new future, President Trump and Chairman Kim Jong Un commit to implement the stipulations in this joint statement fully and expeditiously. The United States and the DPRK commit to hold follow-up negotiations, led by the US Secretary of State, Mike Pompeo, and a relevant high-level DPRK official, at the earliest possible date, to implement the outcomes of the US-DPRK summit.

    President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the State Affairs Commission of the Democratic People’s Republic of Korea have committed to cooperate for the development of new US-DPRK relations and for the promotion of peace, prosperity, and security of the Korean Peninsula and of the world.
     
  10. Amator

    Amator Well-Known Member

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    SINGAPORE (June 12): UOB Kay Hian continues to rate the telecommunications sector as “market weight” as competition within the sector has intensified even before TPG Telecom has launched its mobile services on a commercial basis.

    So far, TPG has launched a mobile plan just for senior citizens aged 65 and above, giving them 3GB of data and unlimited local calls for free for the first 24 months.

    In its 1H18 results briefing, TPG disclosed that its data centre and core network in Singapore has been completed and a large number of base stations have already been installed.

    In a Tuesday report, analyst Jonathan Koh says, “TPG is on track to achieve the milestone of nationwide outdoor coverage by end-18.”

    Meanwhile in Australia, TPG will be launching an unlimited data plan on a trial basis for free for the first six months in 2H18. But only the 1GB of data everyday would be supplied at 4G LTE speed, after which speed will be capped at 1Mbps for the remainder of the day.

    Customers who choose to continue with the plan after the six months period will have to pay a subscription fee of A$9.99 ($10.14) per month.

    The research house has maintained a “buy” call on Singtel with a target price of $4.22, as the group provides a defensive shelter due to its geographical diversification.

    “Its mobile business in Singapore accounts for only 7% of group revenue if we include its proportionate share of associates’ revenue,” says Koh.

    Concurrently, Starhub has been upgraded to “hold” with a target price of $1.98, as its share price has corrected 35.4% YTD and its premium valuation has vanished.

    M1 is kept at “sell” with a target price of $1.60, as its share price has only corrected 5.6% YTD. The analyst reckons that the stock is vulnerable as its mobile business in Singapore accounted for a whopping 76.3% of service revenue in 4Q17.

    New mobile virtual network operators (MVNO) entrants in Singapore have been trying to outdo one another in offering attractive service plans.

    Zero1 will offer its first 3,000 pre-registering customers unlimited mobile data plan at $19 per month, which includes 200 minutes of local talk time, 200 SMS and 4G LTE speeds for the first 3GB. Customers who sign up later would have to pay a subscription charge of $29.99 per month.

    To stand out among the other telcos, Zero1 plans to offer free voice roaming call and receive calls from any Singapore mobile or landline number via its Zero1 mobile app, which is scheduled to be launch in June. The feat is achieved using call-forwarding technology embedded in its Qongle device, which is sold separately at $199.

    On the other hand, Circles.Life has launched its new Flexi Plan, providing customers 1GB of data, 30 minutes of local talk time, 10 SMS and free caller ID in May.

    Customers will only need to pay if they upgrade to the $28 a month Base Plan, which provides 6GB of data, 100 minutes local talk time, caller ID and unlimited WhatsApp.

    Circles.Life also allows their customers to customise their plans in a granular manner by adding extra data or talk time for a fee.

    In addition, MyRepublic will be leasing network capacity from StarHub to offer consumer mobile services.

    “MyRepublic’s branding resonates with the tech-savvy youth segment. The MVNO better addresses adjacent market segments that complement StarHub’s focus on working professionals and enterprise customers,” says Koh.

    MyRepublic plans to cross-sell to its base of 70,000 fibre broadband subscribers.

    However, the analyst believes that MVNO could be a ploy to saturate the market ahead of TPG’s commercial launch. This strategy may also backfire, as MVNO could cannibalise incumbents’ existing customer base.
     
  11. nottibird

    nottibird Moderator

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    Bro...

    One other big difference between The Trading Floor at SJ and here is that over there, when I am not around, the place also ticks and
    its business as usual. My role there becomes one of giving my take on the primary direction of the market and doing the stock-picking
    and recommending a trading range and the guys there then observe the price action for themselves first and take it from there and they
    are making their own decisions when to JEEP and when to unJEEP....and that's simply great.
     
  12. nottibird

    nottibird Moderator

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    CONGRATS sis sotong.
    Keep at it.
    I whoooooooooooosh her again today at 3.49 and in the queue now to cover at 3.47.
     
  13. sotong11

    sotong11 Well-Known Member

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    ya... need need many moons to recover... my army all stuck out there :mad::confused:
     
  14. sotong11

    sotong11 Well-Known Member

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    morning snipers

    congrates bro NB..

    I unjeep also... but your eggs is yummier.... :) I am contented dou....
     
  15. nottibird

    nottibird Moderator

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    Its still the same old me posting at SJ. And the people who were reading this forum...I believe some are doing the same daily reading
    but at SJ instead. So life goes on. Except that it is at SJ. No point I bring people here. It will be active and lively for a while. Maybe 6
    months to a year. After that its down to just a handful of us. Very, very tiring not to say heartbreaking, for me. Look at our old guards
    who used to post daily...oppa and lexanne especially. They were our core regulars. They stopped posting too. What more of those
    who are mere visitors and guests who visit many forums and this forum is just one of many ? The link is at my signature. Go drop
    by at The Trading Floor, SJ Branch and see for yourself why I am there full time and here part time.
     
  16. nottibird

    nottibird Moderator

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  17. koaladreaming

    koaladreaming Well-Known Member

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    aiyoh here fast become graveyard liao. no vibrancy :(
     
  18. koaladreaming

    koaladreaming Well-Known Member

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    congrats Bro NB and Bro Plutus on your tankie trade
     
  19. plutus2

    plutus2 Well-Known Member

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    Congrats bro... this Tankie good to play... Up and Down
     
  20. nottibird

    nottibird Moderator

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    ST Engrg fed me today.


    [​IMG]
     
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