Deep Sea102772016楼主:
When US cut interest rate, many central banks will follow. This will help to reduce the bank borrowings costs and prop up the earnings of Del Monte.
$九天化工(C8R.SG)$$富裕集团(F13.SG)$$中远海运(F83.SG)$$德蒙特(D03.SG)$ COSCO and FU YU are loss making company and yet big players are willing to push up. Trading in penny stocks don’t look at fundamentals at all regardless of profit or loss.
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MiltonWong :
Nope when jiutian hit 0.12, they were flush with net cash n having record breaking profits quarter after quarter. Fundamentals n results do matter. Currently, this spike is purely to trap trend followers n then once q4 results out, it will gap down more
MiltonWong :
Similar to recent spike to 0.035 then sell down back to 0.024 few weeks back, it's part of the Algo to trap the retailers into thinking it's going up
Deep Sea楼主MiltonWong:
There are other traders who still want to trade when there is interest in buying the penny stocks. It’s not up to your call to say NO. It’s their call to buy since the money is theirs, not yours.
MiltonWongDeep Sea楼主:
This is due to supposed covid effect on glove n medical stocks as seen on 2020; china is basically uninvestable for next 3 years due to geopolitical tensions n a spiraling deflation cycle
Good morning mooers! Here are things you need to know about today's Singapore: ●Singapore shares opened higher on Thursday; STI up 0.84% ●Economists cut Singapore's 2024 growth forecast to 2.3%, maintain 2023 projection at 1%: survey ●Stocks to watch: Cordlife, Sembcorp, Manulife US Reit, Del Monte Pacific ●Latest share buy back transactions -moomoo News SG Market Trend Singapore shares opened higher on Thursday. The$富时新加坡海峡指数(.STI.SG)$rose 0.84...
$德蒙特(D03.SG)$DMFI IPO application to list at US stock exchange is still pending SEC approval. This will be a catalyst to boost its finances and stock price. Let’s hope the IPO will be approved
$德蒙特(D03.SG)$The first quarter net loss has narrowed to $13 million. The subsequent quarters should see profitability as mentioned by the company management. This stock is trading at cheap valuation and should rebound above 0.20 once its fundamentals such as profitability improves and balance sheet strengthens. DYODD.
德蒙特股票讨论区
Let’s hope the 3rd quarter earnings is positive and making profit. Waiting for the earnings release after 5pm today.
COSCO and FU YU are loss making company and yet big players are willing to push up. Trading in penny stocks don’t look at fundamentals at all regardless of profit or loss.
Next year rate cut will be good for small cap stocks regardless of fundamentals (profit or loss). This is my view.
专栏SG Morning Highlights | Sembcorp Unit Bags 117 MWp Solar Project by JTC
●Singapore shares opened higher on Thursday; STI up 0.84%
●Economists cut Singapore's 2024 growth forecast to 2.3%, maintain 2023 projection at 1%: survey
●Stocks to watch: Cordlife, Sembcorp, Manulife US Reit, Del Monte Pacific
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened higher on Thursday. The $富时新加坡海峡指数(.STI.SG)$ rose 0.84...
This stock is stll undervalued.
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