Investment Talk

[mrlazy]

yes of course, its black gold

hahaha, I mean narrowing contango means spot & futures prices are narrowing, so how does that benefits the producers?

 

I'm curious how those hedge fund trades.

buy spot, sell futures hmmm ...

 

btw, do u still play Blackjack? Have u tried those basic non-counting strategies before?

Edited February 9, 2010 by mrlazy

[CMYRS]

hahaha, I mean narrowing contango means spot & futures prices are narrowing, so how does that benefits the producers?

 

I'm curious how those hedge fund trades.

buy spot, sell futures hmmm ...

 

btw, do u still play Blackjack? Have u tried those basic non-counting strategies before?

 

i dont play 21 anymore for investment sake cause the turnover is way too slow. u get idiots who take their time deciding if they want to split or draw or buy insurance, time wasted for payouts and shuffling of decks and change of dealers, etc.

 

 

the qns u asked cannot be answered precisely in just a few lines, so I will do what i can.

 

a narrowing contango is normally seen as a bullish sign for the crude mkt.

as there are different types of producers, eg. produce purely CL, or produce to refine into distilates, produce to store for future price hikes.

 

therefore their reaction can vary.

 

most would reduce output, which will reduce supply and drop inventory levels, boosting prices and mkt sentiment. this normally happens if current fundamentals are supportive of such an outcome.

 

eg. 5wks ago when HO was in demand, there was more refining done to offset this and improve their margins.

 

contangos naturally regulate itself according to mkt flows.

but its more complicated as hedge funds have been pouring in truckloads in recent years. but generally, when the funds come in, they are looking at going long with a time frame of at least 1-2mths, rarely lasting more than 24mths.

[mrlazy]

thanks once again .. complicated!

[mrlazy]

Just for Laugh

http://www.singaporebikes.com/forums/attachment.php?attachmentid=145555&stc=1&d=1265904093

[Throttle]

looks like a good CNY after all.

 

go go Capitaland.....

[CMYRS]

Should Round 3 begin tonight, looks like its going to stay below major supports for abit.

 

Dow -65.00 -0.64% 10,045.00

NASDAQ -14.50 -0.82% 1,761.00

S&P -8.70 -0.81% 1,067.90

[joekia]

Happy Chinese New Year Guys... Hope everyone manage to hop onto the bandwagon!!

[Throttle]

Ho Ho Ho Ho......

 

making on all my pre CNY purchases.

 

I think I'll take profit on some within this week.

 

good luck fellas

[johnnicheung]

is gambling at the casino considered investment? because i feel like "investing"...

[Cardtac09]

is gambling at the casino considered investment? because i feel like "investing"...

 

Speaking of casinos...

 

anyone can shed some light on genting sp? how come crashed so badly?

overheated?

[Throttle]

took profits on the first day. thankfully....

 

market remains choppy.

be careful now....

[Throttle]

Speaking of casinos...

 

anyone can shed some light on genting sp? how come crashed so badly?

overheated?

 

downgraded by some houses citing speculative over buying.

new target prices range between about 80ct to 90cts.

[joekia]

Genting Convertible bonds full converison to shares at 0.95. Total 450million nominal value bonds. Resulting in 500million new shares with the cost of 0.95..

 

Another thing is Like what throttle said, one too many houses have sell call on it...

[DeusExMachina]

LOL. And some brokers still maintain fair value of 1.35???

OK, perhaps we can wait till it bottoms out in the 80+ cents region then buy in again.

[Tyrian]

investment noob question:

 

if the share price is $1,

 

how much do I have to pay in order to buy the shares?

[Throttle]

For SGX purchase, minimum order is 1 lot.

 

Broker : DBS Vickers

Per transaction of 1lot (1000shares) = ($1.0x1000)+((($1.0x1000x0.000475)+25)*1.07) = $1027.27

 

I dont follow the detailed formulas when i trade but that doesnt look right. SE comms is subject to $40 min through a broker. unless internet execution by yourself.

[Throttle]

woohoo went for short biz trip , come back my shares power up. Monday can profit take again ...yippee

[Tyrian]

For SGX purchase, minimum order is 1 lot.

 

Broker : DBS Vickers

Per transaction of 1lot (1000shares) = ($1.0x1000)+((($1.0x1000x0.000475)+25)*1.07) = $1027.27

 

Hi there

 

thanks for your detailed answer. i appreciate it.

 

another noob question:

 

Do i have to pay upfront or is there a credit system?

[kmax]

Yep, internet execution. DBS Vickers online.

 

May I know what's the difference in using a broker considering the price difference?

 

sometime internet may slow or hang..

 

brokers are using terminals (which may slow and hang but rarely ) with dedicated connections, so it may be faster.

 

there was thread on CNA forums about slowness of internet trading platforms and every second counts.

 

you guys will be surprised of the processing rate of SGX trading engine per client and volume of orders going through every second.

[Cardtac09]

Hi there

 

thanks for your detailed answer. i appreciate it.

 

another noob question:

 

Do i have to pay upfront or is there a credit system?

 

Dont have to pay upfront... can play contra.. But dangerous tho...

eg: you buy today, 2 days later price goes up, you sell, you collect ur winnings.

 

Throttle... accurate sia... sp genting reach 80cents region liao...

based on my drawn lines... im guessing $0.860-0.870 will bottom out?... tio bo?... anyway not gonna invest this one la.. abit too ex for me... wanna see my prediction correct not.. like never buy 4D but check result like that...

Edited February 26, 2010 by Cardtac09
typo.

[Throttle]

Yep, internet execution. DBS Vickers online.

 

May I know what's the difference in using a broker considering the price difference?

 

for me, using a broker means just picking up the phone wherever i may be in this world. I travel a fair bit and find it more efficient to just use the phone and get the deal done.

 

Internet execution is very good for people who are less on the move.

It is also very cost effective.

 

so each has its advantage.

[Throttle]

Throttle... accurate sia... sp genting reach 80cents region liao...

based on my drawn lines... im guessing $0.860-0.870 will bottom out?... tio bo?... anyway not gonna invest this one la.. abit too ex for me... wanna see my prediction correct not.. like never buy 4D but check result like that...

 

duo xie, ni guo jiang le.

lucky guess.

 

anyway Genting is a counter that I do not touch.

[Tyrian]

another noob question

 

if i have to incur commission charges for buying stocks, do i have to incur commission charges when selling too?

[joekia]

It's called transations fees. So be it a buy or sell transaction, it's still a transaction... So you still ahve to pay..

 

Max the good thing that comes with a broker is their knowledge of the market and of course someone to increase your limit for you, remind you to pay for your shares, monitor ur shares for you..

 

In the stock market, information if very important... Unless you do not have to work, sometimes it's good to pay a wee bit more as they're reading the corporate announcements constantly...

[endlessloop]

I'm looking for a daily listing of the most active stocks in the hang seng index. Anybody knows which website I can get this info for free?