Stocks discussion No.11 - 2011
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posted by scrt4u @ Tuesday, November 01, 2011
151 Comments
![[Most Recent USD from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
151 Comments:
Welcome to "Stocks discussion No.11 - 2011". Please post your questions or stock picks here. Please note: When there are over 200 comments, please click the words "newer, newest" at the lower or upper-right corner to access the posts.
I could not see any new posts for more than a week, is it fixed now?
To Meow,
There is no problem to be fixed.
When there are over 200 comments, please click the words "newer, newest" at the lower or upper-right corner to access the posts.
You could not see the new posts because you did not click the words at the lower or upper-right corner.
Looks like we are going back on the roller coaster. Greece as usual seems to be the culprit. So there may be some good buys right around the corner
scrut4u: thanks for clarifying how to view posts in excess of 200.
set: fell yesterday to the 15 day avg and rebounded to the 5 day avg.
foreigners were selling.
now back at the 15 avg again.
set is making a bearish wedge since end of september, the wedge support is at around 944 today and 948 tomorrow. if broken we could see 860-890 again.
only the 25 avg at 934 might act as a net to catch the fall.
let's see if foreigners are back buying today.
i am out and won't re-enter unless the 5 day avg is taken again or other positive signals show up.
maybe a bit playing with smt on weakness which has a good looking chart but might peak in volume today.
Picked up a bit at the end of the day. Same O
same O. Greece
Candle sticks still point to a uptrend although weaker. Greece became devided as to the referendum. so we may get a pleasant surprise tomorrow
To lukdod,
Please post your email (it will not show to the public) here so that we can send you an invitation. Just accept the invitation and you become one of the contributors.
set: 2nd day of foreign selling, albeit not heavy.
yesterday it rebounded from the wedge support, now slightly above the 5 day avg but it lmost touched the falling resistance since end of july.
(if the set climbs above 975 today or 973 on monday I would call it broken)
This comment has been removed by the author.
To sam,
Please post your email (it will not show to the public) here so that we can send you an invitation. Just accept the invitation and you become one of the contributors.
we're still in healthy correction, no worry & slowly collect big banks again...love KBANK, KTB
Why healthy correction? Low sale volumes, especially from foreigners?
set: should be decision day tomorrow whether it can break the falling resistance since august at 967 or the wedge support at 959.
Surprisingly interesting day...
SET closed at 983. After close someone made the biggest single purchase I've ever seen on the SET: 307_million_ Baht worth of PTTGC!!
Any thoughts on: TTW, it's shown little movement; consider selling it?. ASP has high dividend but little movement.
KGI doing very well and ROJAN slowly coming back.
zorro, so resistance is broken now, does it mean SET will go up now? According to Boillinger ,SET could only go up to 992...
All brokers are bearish at the moment but the set keeps rising. Why?
ASP and KGI have good divvys and i hold both BLS is also a good one for that ,all in the finance sector.Still riding it out and SAM, are you messing your pants yet ?? with the gold price creeping up at just the right time,I should invest in some pampers mate >)J AND B by the way,stands for Jons Bottle '>)
set: next resistance is the wedge resistance of exactly 1000 (give it a point or 2) tomorrow.
the former horizontal support of 1010 will act as resistance as well and is not far away. unfortunately the 75 day avg is at the same level as well.
could these be cleared we still have to take out the 200 day avg which has a broad range around 1040.
with foreigners on the selling side today one should be cautious, though it needs to be observed further as such selling is not a big clue after a strong performance compared to other asian markets.
will be tomorrow the last opportunity to get out or was today the start of the year end rally?
the dow is looking bullish right now, but we need more volume and foreign buying on the set.
@lukdod: this is not a single trade by a single person but the order matching of many traders at closing, not after closing.
nothing unusual about it.
...'@lukdod: this is not a single trade by a single person...'
I stand corrected, yet it was by far largest buy I've seen after closing!
Zorro, Hope sinterklaas will come earlier this year ;)
In the interest of helping a Newbie Meow Bollinger bands move up and down. If it break the resistance the Bollinger band will go up
Whats up with a big slump in the end of the day? Profit taking or following European markets(unlikely)..?
profit taking happened during the morning session.
in the afternoon the set wanted to continue the uptrend but the european selling had its effect.
it ended near the wedge support and 5 day avg.
tomorrow we need an opening in the green to stay above the wedge support above 969
volume went up as required but it was selling, foreigners were selling as well, doesn't look good at the moment.
i sold all when the afternoon sell-off happened but will get back in if the set opens strong.
somehow i doubt it but i change my mind almost everyday.
My turn to learn what is a derivative and how do they work?
What are the pit falls?
SPPT
Hard drives for computers, huge back log in that now.
It has dropped to 2.18
D/E .74
Dividend 12.55%
Current P/E 22.55% this very high compared to the earlier years.
It was just humming along in the 3's till September then it dropped like a rock
Thinking of a return in 2012
any thoughts?
I am slowly restoring my trading confidence, made some nice profit on TOP today, too bad I sold ASIMAR on Friday, it jumped like crazy today again..:)
FWIW: have KGI (up 25%) Rojna (up 15%) and ASP finally turned 'green'. All of abv also have high DIV's. Others green except BAY ;-). Dunno where to look next. Suggestions?
Guys, what do you think of Major? It didn't reach full potential yet in the short term judging by the chart data, why its stalling and not moving up? Should I enter it now?
SAM: It seems food is ready for service. Good luck!
Luhdod I see no one answer your question about TTW I bouhgt 29 K shares at the low. It will pick up tap water for western Bangkok. It has also branched out into the solar game. I believe to be a good buy, if your willing to hold.
Kem Eng is recommending BTS today. certainly a cheap stock dividend in the 7 % range.
Any thoughts?
iF KIMENG is reccommending buying BTS, i would be selling it but wont be touching that stock for sure. BLS as nentioned b4 has been travelling well along with MINT which i reccomend and for you guys that didnt have patience,you missed out on SAT but still got further to go.
okey dokey for today >)
Sometimes only by suggesting to buy particular stock Kim Eng make it interesting for investors, take look at AP now..:) We should not forget that Kim Eng commands 20% or so of the brokerage transactions on SET...
rayfisher - I'm keeping TTW long term; for me it's in the green and it's now just a long term waiting game.
JON - I had SAT too early, it dropped & I sold, however later re-purchased. It's gained only 3-5% thus far, yet Rojna's up about 12% for me. More waiting games for the industrial parks to get running again
Only had 7K in the buy fund so I went with SPPT it;s close to it's 52 week low. Good dividend and I can wait.
Doing great on TTW, in the black
Thanks for the help
So SET defy logic today and going up as everything else in the world going down. I wonder how long that can last...
Erm BLS 27+ per cent up today since i called last night,too late again guys as its pretty sure to be taken over at 22bht per share and i held at 13.60,so 1 happy guy today.Ray 3 per cent is pretty good on SAT in such a short time,hold it and se what you get in a few months,i followed it to the bottom and a few per cent more up than that but these auto and technoligy stocks will be flying soon so you have to think further than your noses.MINT i have every comfidence in as its in very very safe hands and it treats me well especially when you trade it just before the warrents are due to trade.Another clue there if you do your research.PTTGC is another of my calls and like i said ,i was in at ate oppennig bell and i beleive we have a lot of lift on this stock ,done for 2 nite and g luck tommorrow guys and gals ;)
set: trying to go up but always gets a damper from europe.
after breaking the down resistance it looked good. a bit later the wedge support was broken but has been repaired again and the set has a hard time staying above.
today closed again near this support and needs a green opening (or better closing) of 3 points.
as foreign buyers returned and the end of the year is coming closer i am more bullish at the moment but can change my mind by the minute.
JON: Re: MINT. Why a good bet? It's not too far from it's 52-week high. I know nothing abt warrants & MINT's are due in Dec 22 & 23 this year. Why should an investor in their common stock sell B4 warrants expire?
Thanks. signed, 'clueless' ;-)
HI EVERYONE ,
Jon - good one , you need the money to buy me my poison , soon , 64 days and counting down.
SCR4tu - your previous post that food is ready , was that for me or someone else ,
Zorro - foreign buyers have returned, but no one says whether they are the real farang or people using foreign brokers to buy , so could technically be thais for all you know.
the major foreign brokers like jp morgan, goldman and morgan stanley are selling thai shares mainly banking and energy . so i expect a fall once they are done. could expect it some time early next month . will soon know.
Curious? This morning, prior to the market opening, Kim Eng posted the following:
"MSCI ex. Japan has removed THAI for the major list and the Global Small Cap has added THAI, GLOBAL, LHBANK and TRUE, while RCL and ROJNA were cut. This will come into effect on 30 November."
Does this have any significant bearing on those currently holding ROJNA or RCL???
Actually when I saw he dividends I went with SPPT, it sold yesterday at 2.22 I have a bid in today at that price
shopping again, LHBANK, PTTGC & TRUE.
CWT-W?anyone got a clue how far it will fly?
To sam,
I meant the stock "SAM" seemed more and more interesting.
To scrt42 o.k.
TWZ - waking up with some strong volume today , have we missed anything .
testing again
How low the SET need to go to bounce back? 965?
Hi Lukdod regarding MINT,I think you will find its 52 week high was 13.80 as thats what i sold out for in an around august and i bought back again twice at around 11 and again below 10,this i have done it twice and my average is around 10.60,i am in for the medium long term but check out the major shareholders , Bill Heineke who i have had the pleasure to meet does not make many mistakes (apart from chicken treat) he took on pizza hut head to head because the kfc guys pulled the plug and hes winning hands down.Dont be shy to buy that stock and most brokers are shouting loud about it anyway.(that bit tells me it will go down b4 rising) I am still collecting and every dip,i weill collect more.
The guy who was asking about TWZ,i would not touch that at any cost as the owners are the ones bailing out and that tells me a story, just like THAIRE,owners are selling ,so common scense tells me to stay well away.Still bullish of the mkt regardless but i honestly dont care too much as dips are buying opps and i enjhoy those.
See you guys have gone to sleepover the past few days,wakey wakey and looking forward to that 2000k gold by chinese new year>) hee ha
JON: thx for the lengthy response. In your earlier mention of MINT you indicated 'it treats me well especially when you trade it just before the _warrents are due to trade_', and I asked 'I know nothing abt warrants & MINT's are due in Dec 22 & 23 this year. Why should an investor in their common stock sell B4 warrants expire"???
I've been in MINT for a while, at 10.50..waiting for it to move up...unlike yesterday ;-)
Thanks for your assistance.
Lukdod,
warrents as u probably know give you the right to cash them in and buy the stock at the fixed price (ie mint 13 bht)if the mkt is out of flavour then the stock will normally follow but if the green light is there,then chances are the stock will move abbove the exchange price to raise cash,if not,nobody with any scense will excersise the warrent
i gambled,i got it and right now,gambling again, mint goes down tommorrow,i buy more,if up.i ride.
hope that is a clue for you >)
JON...thx..that gives me a better understanding of warrents.
So warrants are like options?
Meow: Google is your friend; enter "stock warrants". Kinda like options, but as I've now learned, they are risky for me.
GK at 7.85 now small dividend less the 2%. It will get lots of flood work any real potential for growth?
@rayfisher:
I think you mean CK. Had a good run already.
From the techie at Phillip Securities came a sell recommendation as it is overbought.
Support 7.2-7.4, resistance 8.
SET: foreigners selling, SET below 5 day avg, yesterdays rebound on low volume might not be sustainable, watch out if the low from the last 2 days at 965 gets broken, this is the last supporting 25 avg and there is only a horizontal support at 948-952 left.
sofa so good >)
SET: stalled at the horizontal resistance of 983 again today.
Volume weak, foreigners selling, but above 5 and 15 day avg right now.
A mixed picture.
ACK!! Black is quickly turning to Red; profits slip-sliding away!!
Could it now a time to prudently leave the market and re-enter at a later date?? Confused!
Confused me to, I'm taking this time to build my buy fund till I have a better idea of what to do. I'm still in the black, for today anyway.
USD is down a bit today and foreigners are selling much less, hopefully SET will go up tomorrow following gains in Euro zone.
Eurozone gains were wiped out in a minute.
To sell or not to sell....as the SET is going nowhere, let the individual stock charts speak.
Here are 3 to watch: PTT, AJ and KTB.
PTT has a falling resistance since April, standing now at 307.
AJ has a falling resistance since August, standing now at 13.7.
KTB the same as AJ, 14.4 is the resistance.
Those could be a good buy on breakout which could happen anytime soon as the price is close to the resistance line.
Will check more charts on the weekend and post them.
CPF (H)
What's going on with this? What's the H stand for again? Been away for a while :D
SET - 900-910?
PTT - 265-270?
ADVANC - Nearing peak. Increased usage of telecommunications during the flood has boosted all telecoms revenue for quarter 3. May hold or sell. Dont buy now, too late considering the risk.
Most are directionless and flat. Have to wait a few more days to be sure. But 70% sure, it's downhill from today onwards.
H stands for Halted.
Read the SET news, there has been a board meeting and some important news will be disclosed, until then CPF requested a trading halt.
Some more charts to watch or get in:
ASP: triangle with rising support since October. Looks bullish, stop if 1.9 is broken
BANPU: falling resistance since end of October will be on Monday at 556
BAY: falling resistance since July now at 19.3
JAS: rising support since October, will be at 1.93 on Monday
KK: bullish triangle since October, support on Monday at 27.5 and resistance 29.25
regarding CPF,check out the front page of the bussiness section of the bangkok post,that will give you a clearer picture.I have 20000 shares in them and certainly hope for that to be positive.I personnally think it is 1 of the safest stocks on the mkt but is often very stubborn,if you hold it,be patient as 6 years ago it was only 3 bht and nowq look where it is,anything Charoen Prokband touches normally turns to gold thats my MAKRO and CPALL also makes scense to me.Them guys have been in bussiness in Thailand since the early 50s and only droopped a bollack in the crash of the late 90s when they had to sell most of their shares in TESCO LOTUS ,the its English owned but CPF are still major suppliers and look how MAKRO is coming on right now,before they had no idea but now in my oppinnion,it is by far the best.Hope you can pick a few clues out of that.CP own CPALL as well and ive got lots of that,makes scense to me,happy trading tommorrow,its still sofa so good for me with the weak volumes ,over and out >)
RAY, will be in CH the 2nd 3rd and 4th should you be there ??
Saturdays bkk post i meant
SCB: falling resistance since November at 104 now.
SPALI: rising support since October at 11.2
SYNTEC: rising support since October at 0.77
Resistance broken today, but the volumes are low and foreigners are still selling..I think tomorrow it will bounce down from 990..
JON
I totally agree with you. They are one of the best stocks, ones which you would want to accumulate more and more when the right time comes. I hold CPF and MAKRO, myself too, and plan to get more, just waiting for the right time again.
For some reason, I'm waiting for the big crash of 2012. So definitely holding on to stable strong stocks CPF, MAKRO, ADVANC.
SET - The short bull run from October may have ended. Still running flat directionless. Hopefully we'll know by this week.
You know I'm beginning to wonder if we will have the big crash of 2012 here, even with the flood the s SET has held it's own
SET: breaking now the 75 avg, the psycho 1000 mark should be no problem this time but a horizontal resistance around 1010 could be hard to break without foreign buying.
BIG crash ?? 2012 too much cnbc and bloomberg again,i for one am ganbling against that one,foreighners,institutions and proprietry buyers today,that to me is positive in the short term,especially if the foreighners are the main buyers.Beleive me ,theres a sxxt load of cash out there waiting to enter markets,so when someone pulls the trigger and not the plug,we could be in for a long good ride,the SET should be part of it.over and out,off to Chiang Mai tommorrow,truck loaded with scotch,happy trading guys and gals >)
I have to agree and planning to buy on any dips we get. I expect that from news of the E.U.
thats the spirit RAY (apart from J and B >)Keep positive,bulls last for a hell of a lot longer than bears >) (late start nakon sawan today)ttfn
Yes agreed guys they're tons of money out there need to be invested whereever that profitable even with EU crisis.
All my port also still in green except PTTGC & seems we're expecting a nice year end run..g'luck guys
I am not sure, maybe more experienced guys can tell me if I am right, but SET look overbought right now, it was going up when everything else went down, so now it has limit to go up any further. Should we expect few down days starting tomorrow?
ueda...What are your expectations for PTTGC?? Your advice is usually quite accurate! I'm heavy in the stock, though barely in the 'green', but it's the worst performing stock in my holdings. :-<
Thanks...
I sure hope today's afternoon market can hold most of the mornings gains!
SET: I don't have the RSI right now so can't say whether it is in the overbought range (yesterdays RSI is 58 only) but there should be more upside before a major correction starts.
Today was a bullish breakaway gap which I don't expect to be closed.
We could be in the Santa Claus rally so selling might not be a good choice unless you re-enter soon.
The index reached now a rising resistance since September, standing today at 1026 plus / minus a few points.
Above 1030 it should be clearly broken.
Then we will face the hurdle of the 200 day avg around 1040.
If the 1026 resistance stays in place I guess we see a one or two -day pullback to 1010 (former support and 5 day avg for tomorrow) or worst case 1000.
RSI14 is 65 now and RSI2 is 97, I don't think we will go pass 1025..
I'm waiting for the dips. not a buy time I believe
Rayfisher, waiting for dips could let you left out on the rally.
Foreigners are buying again and the retailers are selling because they think like you and wait for the dips.
Just watch the charts, many resistances are broken, take a look at those I recommended to watch, like AJ, SCB, KK, BAY...all made nice gains when they broke the resistance.
If you are waiting for the SET to go below 1000 to buy in then you could be buying into a new downtrend.
Wouldn't you know it no buy money now. LOL I will have to wait. Good luck to all.
PTTGC,buy more,fill your boots,happy with my 30 per cent rise on CIMBT especially as i have 97000 of them >)))happy daze,looking forward to that turkey at xmas which i reccommended,ok 24 days to go but i always called the bull in the last quarter and every stock i have called as made handsome rewards for any that took the advice,g nite its whiskey o clock
lukdod, honestly I dont expect much profit from PTTGC, 5-10% upside would be enough for short term trade but if you long, probably we might see 80-90 next year.
blindly guess SET will zig zag up to 1070 by year end so just stick with SET50 & tech chart...dont enter if RSI overbought
tdy THAI, TASCO might be interesting...one small one CEN also cooking, guess will fly too
PTTGC , i was in at the oppenning bell as i held PTTAR, so 55 bht my cost and holding firm,not letting that one go and enjoying the rally that i predicted we would have in the last quarter and see no reason y we should not break 1100 b4 years end.CPF and CPALL is making me well happy>)
all banks RSI almost peak so sold my KTB, KBANK with +7% :) will reenter again after small correction ahead
OISHI quitely moving up but not sure can break its down chanelling, any thought??
SET: todays candle looks a bit like a hanging man, so be careful, a trendchange or a couiple od weak days might be on the cards.
I don't think it will last long as foreigners are buying heavily.
On the other hand the 200 avg at 1030 has been reached, could be tough to break.
Oishi: my chart has a zero tick on 5th of October so it is not reliable, but I think there is a horizontal resistance coming soon at 73-75.
Could be the channel resistance as well if you are seeing the same as me?
another happy day...dont miss year end rally :)
ueda...I agree with you on PTTGC. I've less than 2% profit on a major holding and will hold only until year's end. I do wish JON the best, though w/ his PTTGC.
KTB did good for me today; sadly you dropped it a day too early ;-<
Now if the S&P didn't tarnish the EU's summit outcome, we should have more happy days ahead!
my guess tommorow, we will test 1050 and if the idiots buy in,then we will drop,if they continue to sell,then possibly break it easily BUT, 7 days up in a row,there has to be profit taking shortly as a 7.8 per cent gain is excellent,ime still riding and did anybody miss the boat on MINT? you had another chance to buy today,doing me proud as always,PTTGC,proud to be the owner of a few shares,ime not gonna say it again,but fill your boots on dips and forget about those false charts,I watch what some of you guys say about charts and that ammusses me,thanks for the tip on KTB,as soon as you said you sold,i went in and bought,Still proud to be part of the blog and still happy to be riding the year end bull >)) (charts are very misleading and common scense works much better >) oh and SAT,told you it was over sold and know look at it,another one ime proud to own and making a handsome profit >)over and out and happy trading >)
hi
my dartboard says that we will see a sell off to take the stock market down to around 900 points .
we will soon know .
cheers
yea sometime we buy late or sell earlier, it's ok for me as long as got nice profit on hand.
Sam, any further info why you think of sell off? I dont think EU will affect SET much & more concern for domestic issue here.
ueda the problem is still europe, the problem is spreading , and spreading fast, it is already affecting hungary , sweden, russia, austria, apart from the ones already in the news .
this will still take time, to diffuse.
once this happens , history has always shown that in such a situation the usd becomes stronger.
so to put 2 + 2 together is, usd becomes stronger , and asian or emerging stocks fall, usually at least twice the increament of the usd which i expect to be around 5 % from now to the new year . the second major reason is china, which is slowly down , this will infact effect a lot of countries next year .
cheers
Is this an inverted (bearish) hammer ?
I sold a day before already, just a feeling.
No it shows the market opened higher then it closed. It's simply means it's time to pay attention and things could go either way today. We should get a confirmation either way today.
If you combine that information with the news you probably made the right decision as a trader.
Hey Sam,hope you dont play darts good? Well the sell off had to happen,the minute i got the e-mail from one of my brokers (bualuang) to buy,it sure told me the same old storey over and over SELL,i said it b4 ,in the land of the blind ,the one eyed man is king.
My guess is that the locals (idiots) will be net buyers and foreighners will be net sellers,lets see at 5pm.Still call PTTGC,very happy to be holding it,when you guys sell,let me know and i will buy some more;)
SET is down inline with other markets. It broke the 5 day avg so I will stay put for the next 2-3 days.
I think it will drop only little to the gap, the area of 1015 could be support, if foreigners are selling and the support gets broken we could be in a longer downtrend.
5 days avg is broken but 200 days avg is not yet, i think if SET goes down past 1029, it can start some serious downtrend...
I still foresee bullish ahead, with much stronger foreign reserves & manageable debt, thai & other ASEAN countries will be ok even with EU crisis out there.
With rebuilding & many other projects kick off soon, defenitely we can find a good bargain especially those related with government spending ie. KTB, SCC or CPF.
As expected correction in banking, if down another 2-3%...you can start to enter again
What was a RED day for most of my holding ended as a very GREEN one for me..thanks heavy holding of KGI and ASP, which I've had since early Oct.
Now if ueda is correct, the SET should soon buying me another motorcycle! ;-)
Good luck to all next week...
JON - i do not trust the brokers , my dartboard , basically predicts that this month will be a month that the market will fall, this basically is pointing to around 900 - 920 or basically a 10% fall from now to around the first week of january. yesterday the market was up most of the day and closed in the red , today was red. i do not follow the 5 day avg and the other avg you all write about .
it predicts a good january or basically brings us back to this level of around 1050 or close to it.
the gold markets are also acting up and in 40 odd days i will get my scotch from you . btw i am close to central bangna ,
cheers
sam
good day for most of mine as ihold KGI and ASP too and my only other finance stock is BLS which will be taken over and delisted by the BBL and my 22bht per share offerring makes me a 45 per cent gain >)
Bualuang (BLS) advised buying SVI today,of course i sold quite a few,remember ive been LOUD for a long time on that one and profits are very very healthy >)will of course start picking up the stock again as they most likely will now move down as they do when the brokers (bandits) reccomend them.Brokers are a great guide to me as i always do the oppisite and guess what,ime well chuffed,.
Have a good weekend guys and gals,scotch o,clock for me >))
just as i predicted,foreighn sellers and idiots buying and thats the way it works
i agree about charts and 5 day average etc as i dont ever look at that,i use my gut feelings and common scense and at the end of the day it normally comes home a winner even if i have to wait quite a while,i NEVER stop loss,my way is to buy more and lower my average,that way is a winner also eventually,been doing it with QH,CIMBT and TPOLY and there all back to evens or up a touch,All i beleive are safe stocks.Ime still bullish for the year end as the institutions love to window dress to impress their clients when they send out their glossy magazines,lets see ; Sam,will be happy to buy you that Jonnie black but i already have a bottle of green if you are sharing ? Still i think it will be you buying the J and B as gold always rallys at Chinese new year and thats when i will be selling my funds if ime right,then buying back later,over and out TTFN
Jon - green will do just fine , normally gold rallies close to the new year and chinese new year, but next year is different , china is having a problem as this time around both usa and europe are affected, so their buying power has been slowing down.,
with the problems going on , both in europe and usa, and china going on a soft landing i would not be surprised if gold goes even lower to around 1100 or even 800 usd per oz sometime next year.
this only time will tell if i and my way of thinking is right .
till then keep my green label in store .
cheers
sam
Guys I want to ask something, is it possible to buy/sell options in Thai market through the brokers? Let say with Kim Eng? And the other thing, have any of you been to the trading floor of SET, I been told its somewhere at Wireless road? Thanks in advance for answers.
Meow...
While I don't know about buy/sell options via brokers...
I suggest you simply contact the SET for an answer to that question as well that of the one about the trading floor.
From the SET Website:
SET phone & e-mail contact info:
http://www.set.or.th/en/contact/contact.html
Map to SET:
http://www.set.or.th/en/about/map/map_p1.html
waiting to fish KTB around @14.5 & gradually buy TTW again
SET locked between SMA5(1037) and SMA200(1030) and it seems need some serious catalyst to move either higher or lower?
Is anybody able to use the charts from
https://trading.kimeng.co.th/ms4j.asp
Since a couple of days the webpage loads but the Java applet starts and freezes so no chart can be seen.
Zorro, mine is working fine
Oups...they shorted the hell out of it on the close..
Rayfisher, are you logged in to kimeng? I am getting an error on the Java Console:
java.security.AccessControlException: access denied (java.lang.RuntimePermission exitVM.1)
Zorro yes I'm logged in, I use firefox for a browser
so it might be blocked for non-member.
Could anybody here who is not a member of Kimeng give feedback whether the chart function is working?
Kim Eng optimized for Internet Explorer mostly, KeLiberty for example wont work with other browser at all.
charts or darts ???,think you will find darts work better and its a lot quicker and easier >) i dont waste my timewith charts,if they worked,you would all be very rich right ? G nite guys and gals ;)
sometime chart can guide us JON so simply I wont ignore chart indicator or perhaps your darts skill far better than me too :)
start to collect KTB & other bluechips tdy...hope can get a good bargain here
hi all
ueda - charts are a good indicator, but i use it for a long term trend and not short term indicator, as brokers , media and analyst cloud , your views , perception and knowledge ,with different analysis.
my darts have been a better indicator for the general trend.
similar to the one i wrote about on the 9th where my board says 900 - 920 as a good range where we should find the set by year end .
early next month we should see a nice january rally that should take it back to 1050 levels .
sam
Charts have there value. But, you can not depend on them alone. You have to know what the current investment environment is in.
We are in classic example right now, when it looked like the E.U. was going to solve it's problems we went up. The end answer we are dealing with now reflects the reality and we are heading back down.
But if you put the two together, the answer is we headed to buy territory again.
TASCO deserves attention now, if you can call the bottom on this go around, you can make some money
sam, I dont think SET will close this year 900-920 eventough I could be very happy if happened
I wl be heavy in bankings, just patiently wait any of them oversold
UEDA my dartboard still points to that figure of 900 - 920 points .
could be close to that or could be the 4 -5 th jan .we will soon know.
i would not touch the banking sector at least not for the next few months, as the floods have had a bad effect, this has caused the owners and workers to become paupers , so at the end of the day it will affect the banking industry, to what extent , only their profit loss disclosure in feb 2012 will tell the damage,
plus the european effect will keep a check on the set for a few more months, my take is till march of 2012 where i see the dow jones
under 10000 points , gold around 1000 - 1200 oil at below 90 usd
anyone out there know a good place to learn how to trade futures , i could make some money on that .
sorry for being bearish or dampening anyones hope.
sam
Yes somehow banking wl be affected from floods but with all rebuilding process, they also wl get more benefits especially those related with government agency & still stock market is one of easiest way to get more funding in their project.
Believe me, thai & countries like indonesia, spore, mlysia are pretty stable & many big funds waiting us to sell at cheap
hope you didnt miss some good bargain if only wait SET back to 900
UEDA the problem with europe will effect malaysia and thailand the most. these two countries have the biggest export contribution , thailands gdp numbers are 70% exports. malaysia is similar, we changed from usa in the early 2000s to europe and then to china, but this time all the three are affected. thailand cannot be too far behind.
indonesia has the lowest debt to gdp numbers of 15 - 17% compared to thailand which is close to 50 - 55% and malaysia of 45 - 50% .
right now the funds are the ones selling as this time around cheap becomes cheaper. look at gold , this is supposed to be a hedge, or a safe haven , right now gold is falling daily, which only goes to say that there is more inherent problems then you are able to read.
the benefit that you talk about will not be felt for some time due to changes in accounting .
i could be wrong, i am not advising anyone, anything, i am just writing about it the way i see it.
cheers
sam
it's ok Sam, everyone has different opinion so I see u at 920 or you see me at 1070 this year ok...happy trading pals
For what it's worth I somewhere between you an Sam, sounds weird unless your long term in this I'm hoping Sam is closer so I can get some accumulation done.
I agree with Ueda that Thailand will turn inward, this next year and maybe a few more as well. The question that is not clear in my mind is how long will it be before we see the effects of the huge spending in Stocks.
UEDA - happy trading , see you soon at 900 - 920 .
sam
We had a mini rally today, but no major resistance lines broken, or even got too close to any of them..individuals bought everything that foreigners dumped on them..:) Interesting day tomorrow, my guess SET will open a bit higher and drop again on profit taking and smart money shorting stocks form the "new high", but who knows, if its will go higher maybe major rally continues?
wow DTAC
Check the special dividend declared and you will see why
thx rayfisher, it's like christmas gift from DTAC
hope you guys and gals didnt bottle out ??? you wouldnt admit if you did right ? Hey SAM,is your last name BEAR or are you always negative on life ??? think you live on a differrent planet ?
Ray,thought you would be happy with DTAC as i beleive you own a peice of it, Gluck,ESSO was kind to me yesterday.
SAMS turn again,as you are looking odds on favourate to win the scotch about double or nothing that gold doesnt go below 1200 anytime in the nxt 6 months ?? I will of course crack that bottle of green with you in the meantime but will be in february if thats ok,unless,you can make it to Cambodge b4,which i doubt you will have that much adventure because you will too bothered about an engine failure on the plane right >)) G nite and roll on the bulls on monday,still call 1100 by years end (fancy your 900 against my 1100 SAM ?)dont think you have the bottle to gamble on that one mate >))I do....
bought a bit AS tdy, just blindly guess Zynca IPO could trigger AS swing upward
TRUE, IRPC, ESSO also looked attractive & happy to see banks much in green
ESSO :) who will follow tmrw BCP, RPC, SUSCO? happy guessing
ESSO >))) already got a 16.5 per cent rise in the last 3 trading days,good job i have 35000 of them,thats certainly put a Turkey (fondue actually)0 on my xmas dinner plate,+200k+ profit if i cash in my CPALL and CPF (which i wont) Hey SAM,wheres the bears and your 900 points my freind,??? been yelling at you all to ride it out.
Gnite
Hey Sam,my darts keep hitting the bllseye erm BLS and ESSO ,Hows your dart throwing ?? oh well, at least you should have a bottle of scotch to drown your misery but dont do the counting til the dealings done >)
Gold anyone dare to call the bottom?
JON - sorry my middle name is not bear , and my outlook in life and business is positive,
read the part where you want double or nothing , laughed hard on it , and then thought why not . so jon i am ready for the green which you will crack with me around the chinese new year , and you can choose your own poison , what you want to crack with me during songkran , we set the time frame to 30th june 2012 . what say you .
RAY - i would say around 800 - 900 usd per oz around end of june , at least that is whee i would look to buy .
cheers
sam
Hey SAM,you have moved the goal posts a touch from the end of the year to the end of June and that month is notorious for being a bear month just like May when the mkts go down around the world,think you are smarter than you make out but if the deal is the nearest to 1100 for me and 900 for you,then we r on regardless and how about a side bet on Gold as i think we have still a fair way to go upwards ,game on SAM,lets get the Gold going also.Man or Mouse ??
Got another 1 per cent on ESSO >)
This comment has been removed by the author.
JON - in your post of the 16th dec you inform that gold will not hit below 1200 and i personally think that it would be below that so that time frame is set to 30th june 2012. what are you willing to put up for your double or nothing in this . you will lose the green on the first part of the bet of gold being over 2000 usd per oz by chinese new year.
that is totally different from our other topic of the set which i still feel will hit 900 or close to it and your claim of 1100 or close to it. so the goal post is not moved anywhere as we have not bet on anything in this , this is from my dart board , gold is from knowledge,
cheers
sam
ok SAM,game on i will wager the 1100 to your 900 on another bottle of scotch and i will insult your knowledge and have another bottle on your call of 1200 by June end against my 2000,nearest wins.My knopwledge tells me that Gold has only one way to go and its not yours,common scense my freind ,would you buy dollars or euros right now ??? exactly,neither will the big players ,so apart from solid asian currenncies ,it has to be GOLD.
Man or Mouse SAM ??/ lets shake on this deal now.
i know your middle name is not bear but probably your last one is SAM ??
jon - i think when you wrote this you were drinking, my call is not 1200 usd per oz for gold it is yours, i accept the following
1) time frame 6 months so technically 30th june , before which gold will go below 1200 usd. so there is no question of nearest wins, you got to hope and pray that it does not go below 1200 usd per oz before that day. my thinking is by songkran i could get another bottle from you.
2) 900 or 1100 - that we can wager as nearest wins. time frame 6th jan 2012 ,work on % to calculate difference, what say you ,man or mouse , your call . i already have a bottle of green in store with you. if you win this , i do not see you , come chinese new year. if i am correct with the nearest one as well , i get 2 bottles.
cheers
sam
Well boy's I'm out I have the money to build my house now, Good luck to all
TMB is hot!
TMB sucks but i except my 4.5 per cent on ESSO ,adds to my 16.5 per cent i have over the last few days>)))
SAM, bet on and i had not had a drink when i posted but certainly did afterwards,maybe you need reading glasses ????
now ib Cambodge for xmas and new year and dont do the counting til the dealings done SAM
Merry Xmas to everyone..:-) Do you think EARTH and DEMCO tanked enough and its good time to buy them?
This thread is closed. Please move to "Stocks discussion No.12 - 2011".
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