Singapore Wyckoff & Volume Spread Analysis

Debts...debts...and more debts....companies usually take more liabilities in hope for profitability margins in their expansions. Whether it is a Big cap or small cap (All) companies take on liabilities in promise of better prospect in the future and tap on shareholders'/debt holders wealth.Shareholders who invest in these companies got to be clear minded in one thing - Hope. I happened to attend a fundamental analysis session conducted by a trainer today and he resurfaced about Olam's woes when Muddy's water attacked them. It is a fact then that Olam's had deep rooted problem cash flow problem but shareholders continue to ignore, even the analyst. If the company were a S-Chip other than Olam who is temasek backed, the scenario today might be different. I am not critical of Temasek but I can understand "ah gong" intention of helping. I then thought of Genting Singapore, which has been the worst performer of our local stocks by fair in the last 3 weeks of tr...

The last post tonight. Do take note of Indoagri as well, respectable result 2Q result and nice TA. While I cited a no demand Bar for Chinaminzhong after its buying climax which did happened. But, over the last 5 days,we witness CMZ going into hibernation modewith low volume with thin spread...(arguably either accumulation/no demand/ combination of both) CMZ volume exploded today, trending into familiar territories of the past. 70cents again! In my opinion, SM has put in a lot of effort today and we might see a continuation of this effort again tomorrow likely. As this counter has previously free fall 80+ cents to 60+ cents in just a couple of days, we might potentially see ChinaMinZhong challenging the 80 cents region very soon with strong BB/SM play. Today could potentially be he first day of its rally to 80 cents. Next, we have Genting SP. Below is its chart. TYPO : Spread seems covered should be " GAP" seems covered instead. Genting SP volume wasn't very ...