amroui
amroui
To the moon!! 🚀
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avataramroui
2023-07-13

We’re looking out for the wrong things for ZIM

In its latest press release on 12 July, $ZIM Integrated Shipping Services Ltd.(ZIM)$ downgraded their forecast for FY2023, which rightly sparked a market sell off. I'm expecting the price to continue trending back below $12. Can bullish market overturn bearish sentiment? With the recent CPI report and the Fed pause in June, we're starting to feel more confident that the worst is over and that interest rates will probably not go up much further, with some of us going so far as to speculate interest rate cuts happening by year end. Will our economy start picking up in H2 2023, and won't that be good news for ZIM? How important is US-Sino trade to ZIM? The Pacific trade route accounts for a majority of ZIM recent revenue in 2022 (stats
We’re looking out for the wrong things for ZIM
avataramroui
2022-07-15
$Pilbara Minerals Ltd(PLS.AU)$ Anticipated news of July's auction were announced yesterday, with a bid price of US$6,841 per dmt on a 6% lithium basis. This is a decrease from June's pre-auction offer which was accepted at US$7,017 per dmt on a 6% lithium basis.While Pilbara feels that demand for lithium is still strong, this does indicate that we should temper our expectations and revenue growth outlook from 2H 2022 lithium sales. Coupled with the downtrend in the market as a whole, expect price to move back down towards $2.20. Whether it moves further down depends on two things:1) the upcoming financials report on 28 Jul. Any improvements from its previous net profit margin of ~20.5% might rev
avataramroui
2023-06-13

3 Reasons Why SIA is Overbought

Today I'm gonna play devil's advocate and give 3 reasons why I think we'll see the growth in $SINGAPORE AIRLINES LTD(C6L.SI)$ price to start slowing down, and even to eventually track back towards $7. Price above Bollinger Upper hand, and both RSI6 & RSI12 close to or greater than 90 1) Declining Cargo revenue [16 Mar 2023] IATA has said air shipment traffic tilted down 8% during 2022 from the prior-year record and was 1.6% less than before the COVID crisis. It predicts air cargo volumes will fall further this year to 5.6% below 2019 levels. This was said in March this year. And we see it reflected in the latest financial report too. Cargo revenue FY21/22: $4,339.4M Cargo revenue FY22/23: $3,603.8M (-17.0% y-o-
3 Reasons Why SIA is Overbought
avataramroui
2022-07-05
$Unity Software Inc.(U)$Looks like the market is pessimistic today, with defensivestocks on the up pre-market. Bearish outlook for U shareholders this week, but a good opportunity to buy in for those of us who believe inits growth potential [Victory] Patience and cash is king in times like these [Smart] 
avataramroui
2022-06-28
$Alphabet(GOOGL)$Slowly going down again.Patience will win. Google as a business still going strong [Victory] 
avataramroui
2022-07-09
$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$I'm still abit puzzled by the uptrend, but I think it'll continue since there's been no change to suggest it reversing. Still bullish for the next week at least. think it could touch$2.98? [Doubt] [Sly] 
avataramroui
2022-07-04
$Pilbara Minerals Ltd(PLS.AU)$Opened strong today but has been falling since then. Holding on, and planning to double my investment if it drops below 5% of my cost price [Victory] 
avataramroui
2022-08-13
$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ Bought at a good price, now wishing I bought more haha [LOL]  With the acquisition of the iconic Philips building in Toa Payoh, I feel that has only strengthened its value [Victory] [Strong] 
avataramroui
2022-06-14
$Grab Holdings(GRAB)$I bought the dip! Witha book price of $2, and a management that looks driven to increase profitability, is now the best time to buy in?Only time will tell [Thinking] [Silence] 
avataramroui
2023-07-12
$CIVMEC LIMITED(P9D.SI)$ Is it time to sell? EV demand heats up, but with lithium spot price stabilizing in July I don't see it spiking up to 2022 highs. Can Civmec continue to grow? Or is its recent major contract for the Rio Tinto Western Range Project in the Pilbara region the peak? The market looks undecided now. While it seems like mining companies are ramping up production, there are still signs of a slowing economy. If a economic downturn hits, expect the mining companies to be greatly affected.

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