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Nicolas Darvas Box Trading Secrets

Success Switch

Tuesday, September 9, 2008

Rumours overheard at SGX Supermarket!!!

On a bright sunny day, I went to Lau Pa Sat to eat and to meet-up
with some old friends. After my meal, I walked past the nearby
SGX Supermarket, and heard some commotions inside the building,
so I sticked my head and ear in, and this is what I gathered
from the commotions:

Mr Goldman recently very active in judging our stocks, but most
have been CUT into pieces by him.
Jardine got downgraded to Neutral, and poor Wilmar and
Indofood Agri both got a hair-cut too. Wilmar's TP become
$4.90 and Indofood is only worth $2.40 to Mr Goldman.

DMG, from the same family of Mr DB, also cut the palm agri
stocks of First Resources and Indofood Agri. First Resources
TP is now $1 and Indo is $2.65

Mr Citi talked about the China Branded Sportwear and stated
that "The Stronger Will Prevail", but China Hongxing and
China Sports look not that strong as they both got downgraded.
China Hongxing become a Sell rating with TP at $0.35,
and China Sports got a Sell TP of $0.28.
Look like only LiNing is doing very well.

Long time no see and hear from Mr Cazenove, but he brought Good news to
Ventures when he upgraded it to Outperform. Well Done!

Mr UBS also brought good news to both Indofood Agri and Singapore Airline
with a upgrade report. Indofood become a Buy, and Singapore Airline become
a Buy too with TP at $20
-- Did you all hear the joke and rumour about UBS is now called
United Bank of Singapore, since our government is now
a substantial shareholder. By the way, our government is also
substantial shareholder of Stanchart which escape unharmed from
the Subprime issue, why don't we merge this 2 to become a
Giant??!!! Maybe I am just dreaming......

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