SUNTEC REAL ESTATE INV TRUST (Suntec) #07 (Stock Code: SUNT.SI)

Suntec Daily chart updated till November 20, 2009.


Dear Dr T,

I had previously said that once Suntec broke above S$1.20, it is more likely to trade higher. I had further identified a resistance at the S$1.33 level.

As seen from the chart, Suntec broke the S$1.33 resistance on November 17, 2009, when it traded to a high of S$1.37. On the same day, however, Suntec closed much lower at S$1.31.

It should be noted that once a stock traded pass a resistance, much higher than the resistance, but closed much lower as compared to the day high and below that resistance, it is an important reversal signal. Indeed, Suntec has now traded much lower and it closed at S$1.24 on Friday, November 20, 2009.

It is likely that Suntec will test the S$1.20 level again--the price level at which Suntec had a break out. It seems to me that Suntec has yet to find a support, and if S$1.20 fails to hold, Suntec will next test the 50-day moving average (in blue).

Yours truly,
Hoosier

STARHILL GLOBAL REIT (Starhill) #06 (Stock Code: STHL.SI)

Starhill Daily chart updated till November 20, 2009.


Dear Dr T,

When I last wrote on Starhill on November 7, 2009, I said,

"Starhill is now trading below the 3 moving averages and the green support line. It is looking rather weak.

The next important support is S$0.495."

As seen from the latest chart posted, the drop in the share price of Starhill is now more pronounced. I still feel that Starhill will test S$0.495.

Yours truly,
Hoosier

FRASERS COMMERCIAL TRUST (FrasersComm) #06 (Stock Code: FRCR.SI)

FrasersComm Daily chart updated till November 20, 2009.


Dear Dr T,

As seen from the chart, FrasersComm tried to break the 50-day moving average (in blue) and failed on many occasions.

I still feel that FrasersComm will have to test the support level at S$0.135 again, to complete the 'technical objective' of testing the low and support level, before we can see any meaningful move to the upside.

不到黄河心不死。。。

Yours faithfully,
Hoosier

CAPITAMALL TRUST (CapitaMall) #09 (Stock Code: CMLT.SI)

CapitaMall Monthly Close chart updated till November 20, 2009.


Dear Dr T,

Towards the end of the trading session on Friday, November 20, 2009, we saw a sudden surge in the share price of CapitaMall with much improved volume. CapitaMall traded from a low of S$1.66 to a high of S$1.74 before closing at S$1.72 with a volume of about 11 million shares.

From the 100-sessions chart posted, we could clearly see that CapitaMall temporarily broke above the downward-sloping red-dotted resistance line but closed just below it at the end of the session at S$1.72.

CapitaMall Monthly Close chart updated till November 20, 2009--100 sessions.

As well all know, CapitaMalls Asia will be listed and begin trading on the SGX on Wednesday, November 25, 2009. I believe the listing of CapitaMalls Asia will create interest in, and have a positive impact on, the shares of CapitaMall.

If CapitaMall is able to break and hold above the downward-sloping red-dotted resistance line in the coming sessions, we shall see CapitaMall challenging the most recent high of S$1.89 again.

Yours faithfully,
Hoosier

CapitaCommercial Trust #15 (Stock Code: CACT.SI)

CapitaComm daily chart updated till November 20, 2009.


Dear Dr T,

CapitaComm is currently range-bound between the most recent high of S$1.17 and the 50-day moving average (in blue).

CapitaComm is still trading above the 3 moving averages--it is more likely to move higher. However, recent trading volumes have dwindled somewhat. We need to see a build up in volume to signal to us a renewed interest in the stock. A break above the resistance at S$1.17, accompanied by huge trading volume, is needed to see much higher prices.

Yours truly,
Hoosier

SWIBER HOLDINGS LIMITED (Swiber) #04 (Stock Code: SWBR.SI)

Swiber Daily chart updated till November 20, 2009.


Dear Dr T,

When I last talked about Swiber on October 3, 2009, when it last traded at S$0.855, I said,

"The MACD indicator has turned down and, as such, I think Swiber is more likely to trade lower and test the next support at S$0.725."

As indicated on the chart, Swiber only traded to a low of S$0.79 and rebounded to a high of S$0.965.

Swiber Daily chart updated till November 20, 2009--150 sessions.

Swiber is now trading below the 3 moving averages--it is more likely to move lower. Swiber may still move lower the test the most recent low at S$0.79 again. If S$0.79 fails to hold, Swiber will next test the S$0.725 support level.

Yours truly,
Hoosier

STRAITS ASIA RESOURCES LIMITED (SAR) #22 (Stock Code: STRL.SI)

SAR Weekly chart updated till November 20, 2009.


Dear Dr T,







Deja Vu!









Yours faithfully,
Hoosier

SINGAPORE PRESS HLDGS LTD (SPH) #03 (Stock Code: SPRM.SI)

SPH Daily chart updated till November 20, 2009.


Dear Dr T,

After the sharp fall on November 11, 2009, SPH seems the have stabilized.

It is hard to tell where SPH is heading, it could go either way.

I have previously said that, once SPH broke below S$3.81, it is more likely to head lower. Interestingly, SPH hit a high of S$3.80 yesterday, November 20, 2009. Hence, to see higher prices, SPH needs to break above S$3.81 again.

I have also drawn a new support line at S$3.70--the most recent low. If SPH breaks below S$3.70, we will see lower prices.

Yours truly,
Hoosier

PACIFIC ANDES (HOLDINGS) LTD (Pac Andes) #09 (Stock Code: PACF.SI)

Pac Andes Daily chart updated till November, 2009.


Dear Dr T,

As seen from the chart, Pac Andes suddenly sprung back to life on Friday, November 20, 2009; on that day, Pac Andes traded between S$0.255 and S$0.275 before closing at S$0.27 (+S$0.015 or +5.88%) with a volume of about 9.8 million shares changing hands.

Coincidentally, OCBC Investment Research wrote a report on its visit to Pac Andes on the same day, i.e. Friday, November 20, 2009. Whether the sudden surge in the share price of Pac Andes has anything to do with that report, I have no idea.

Technically, as seen from the chart, Pac Andes is now trading above the 3 moving averages, as such, it is more likely to move higher. But, we need to see a build up in the trading volume to be certain.

I am not interested in Pac Andes, it's not my cup of tea. I am only writing about Pac Andes just to sharpen my skills in Technical Analysis. Indeed, if I can make money out of such a boring stock, I can make it in other stocks as well, I believe.

If I can make it there, I'll make it anywhere!

Yours truly,
Hoosier

MIDAS HLDGS LIMITED (Midas) #22 (Stock Code: MIDA.SI)

Midas Daily chart updated till November 20, 2009.


Towkay,

It has been reported that one Substantial Shareholder of Midas, The Capital Group Companies, Inc, has been making Open Market Purchase on November 10 (purchased 7,298,000 shares at an average price of S$0.8426) and November 16, 2009. After the two Open Market Purchase, The Capital Group has raised its stake in Midas to 6.0396% or about 58 million shares.

Separately, it was also announced on November 19, 2009, that one major shareholder, Chen Wei Ping, sold 44 million shares at S$0.83 to a strategic investor. The identity of the 'strategic investor' is not known.

Looking at the recent corporate announcements, it seems to me that we can confidently say that Midas has found a support at S$0.83.

Coming back to the chart, Midas is now trading above the 3 moving averages--it is more likely to move higher. More importantly, the 3 moving averages are turning up which is a bullish sign--at least to me.

I remain bullish on Midas.

Yours truly,
Hoosier

COSCO CORPORATION (S) LTD (Cosco) #06 (Stock Code: COSC.SI)

Cosco Daily chart updated till November 20, 2009.


Dear Dr T,

As indicated on the chart, although closing above S$1.10, Cosco is still unable to break above the 50-day moving average (in blue).

I am still bearish on Cosco as it is still trading below the 3 moving averages.

Yours truly,
Hoosier

CAPITALAND LIMITED (Capitaland) #10 (Stock Code: CATL.SI)

Capitaland Daily chart updated till November 20, 2009.


Dear Dr T,

It has been almost 3 weeks since I last talked about Capitaland on October 27, 2009.

Looking at the Daily chart posted, Capitaland is clearly well supported by the 50-day moving average (in blue) currently with a value of S$4.0094.

As Capitaland is still trading above the 3 moving averages--it is more likely to move higher. With the upcoming listing and quotation of CapitaMalls Asia on November 25, 2009, I believe that we will see great trading interest in the shares of Capitaland next week. It is expected that Capitaland will announce a special dividend upon the successful listing of CapitaMalls Asia.

I have an upward bias on Capitaland. And, once Capitaland is able to break above the downward-sloping red-dotted resistance line, we should see Capitaland trading much higher.

Yours truly,
Hoosier

Wall Street Hiring Again, but Top Talent Hard to Find

MIDAS HLDGS LIMITED (Midas) #21 (Stock Code: MIDA.SI)

One substantial shareholders, Chen Wei Ping, sold 44 million shares at S$0.83 to a strategic investor.

>> PART I

1. Date of notice to issuer * 19-11-2009

2. Name of Director * Chen Wei Ping

3. Please tick one or more appropriate box(es): *

Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]


>> PART II

1. Date of change of Shareholding 19-11-2009

2. Name of Registered Holder Chen Wei Ping

3. Circumstance(s) giving rise to the interest or change in interest # Others
# Please specify details
Sale of shares to a strategic investor pursuant to a sale and purchase agreement.

4. Information relating to shares held in the name of the Registered Holder

No. of Shares held before the change 174,905,200
As a percentage of issued share capital 18.14 %

No. of Shares which are subject of this notice 44,000,000
As a percentage of issued share capital 4.56 %

Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.83

No. of Shares held after the change 130,905,200
As a percentage of issued share capital 13.57 %

Source: SGX

MIDAS HLDGS LIMITED (Midas) #20 (Stock Code: MIDA.SI)

The Capital Group Companies, Inc. bought more Midas shares in the open market.

1. Date of notice to issuer * 18-11-2009

2. Name of Substantial Shareholder * The Capital Group Companies, Inc.

3. Please tick one or more appropriate box(es): *

Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]


>> PART II

1. Date of change of [Select Option]

2. Name of Registered Holder

3. Circumstance(s) giving rise to the interest or change in interest [Select Option]
# Please specify details


4. Information relating to shares held in the name of the Registered Holder

No. of [Select Option] held before the change
As a percentage of issued share capital %

No. of N.A. which are subject of this notice
As a percentage of issued share capital %

Amount of consideration (excluding brokerage and stamp duties) per share paid or received

No. of N.A. held after the change
As a percentage of issued share capital %


>> PART III

1. Date of change of Interest 16-11-2009

2. The change in the percentage level From 5.2247 % To 6.0396 %

3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
# Please specify details


4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
Shares were purchased through a series of transactions from 11 November 2009 to 16 November 2009.


>> PART IV

1. Holdings of Substantial Shareholder , including direct and deemed interest :


Direct
Deemed
No. of shares held before the change 0 50,438,000
As a percentage of issued share capital 0 % 5.2247 %
No. of shares held after the change 0 58,304,000
As a percentage of issued share capital 0 % 6.0396 %

Source: SGX

人啊！人啊！

没钱的时候，养猪，
有钱的时候，养狗。

没钱的时候，在家里吃野菜，
有钱的时候，在酒店吃野菜。

没钱的时候，在马路上骑自行车，
有钱的时候，在客厅里骑自行车。

没钱的时候，想结婚，
有钱的时候，想离婚。

没钱的时候，老婆兼秘书，
有钱的时候，秘书兼老婆。

没钱的时候，假装有钱，
有钱的时候，假装没钱。

人啊，都不讲实话：

说股票是毒品，都在玩，
说金钱是罪恶，都在捞。

说美女是祸水，都想要，
说高处不胜寒，都在爬。

说烟酒伤身体，都不戒，
说天堂最美好，都不去。

过去，把第一次留给丈夫，
现在，把第一胎留给丈夫。

乡下早晨鸡叫人，
城里晚上人叫鸡。

旧社会戏子卖艺不卖身，
新社会演员卖身不卖艺。

人生是什么？
一岁时出场亮相
10岁时功课至上
20岁时春心荡漾
30岁时职场对抗
40岁时身材发胖
50岁时打打麻将
60岁时老当益壮
70岁时常常健忘
80岁时摇摇晃晃
90岁时迷失方向
100岁时挂在墙上

Former Merrill CEO Thain Defends Wall Street Bonuses

Question:

Can you please tell me how to use 'Asshole' and 'Shit' in a sentence?

Google search result:

Answer:

John Thain is not only an Asshole but also a piece of Shit.