29-12-2014, 03:41 PM
(29-12-2014, 03:29 PM)CityFarmer Wrote: Who can't cheery pick any listing stocks in SGX? The question is which one is the best, than is a million-dollar question.
If one manages to pick the best stocks, and with preferred prices, than you are sure huat big big...
The flavor of the month seems to be offshore/oil and gas related stocks.
Leading the line is Keppel Corp which has been the subject of aggressive share buybacks. It has since rebounded from a low of 7.94 to a high of 8.83 today.
Not sure whether this will stabilize the share while the oil price is still weakening.