Shares & Derivatives
Puzzling price movements of counters in my radar
By Sillyinvestor  •  January 30, 2015
Answers might abound soon with the release of Q4 results. ST engineering is doing share-buy backs almost daily, substantial shareholder increased stake, but price is range bound and having pressure to the downside. Aerospace is weak, but compare to O and G, you get my point. Think in terms of percentage of revenue and further break it down, ST has problem mainly in Europe which company had restructured.  It look like a good deal compared to SCI. SCI is bouncing off its low, and hit a high of above $4.4, whereas ST remain sluggish. Weird. At least to me. The external factors are also more favorable to ST. Weak currency of Sing dollars while ST has a strong and not insignificant US market. Next, Venture. Aberdeen has been constantly selling, yet it is moving north. Of course, I owned all three counters, and I am not complaining, ......
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By Sillyinvestor
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