Kepcorp negotiating new contracts, Vard secured new contract, GSH buys Land in KL, Market Participants' Dilemma

Opportunities
 
Keppel Corp (BN4, $11.31) confirms that it is currently negotiating with Golar LNG on the conversion of an existing LNG carrier into a Floating Storage and Liquefaction Vessel (FLSV). The terms and conditions of the contracts have yet to be finalized.
Comments: All these upcoming project expectations may be why Keppel remains strong compared to SembMar.
 
Vard (MS7, $0.80) secured a NOK400m contract from Island Offshore to construct an advanced offshore support vessel, scheduled for delivery in 1Q15.
Comments: Look at this. Stock price has been depressed for too long. A position trade may be worth considering.
 
GSH (J16, $0.075) acquired a 5,800sqm prime land parcel located at Jalan Kia Peng, in Kuala Lumpur's "Golden Triangle" from Malaysia’s Tropicana Corp, for a consideration of RM132.4m. The site is slated for mixed residential/commercial development.
Comments: Think this is better than Iskandar land.
 
 
Commentary
 
Market participants seem to be playing a game of “prisoners’ dilemma”. I shall summarise our “Market Participants’ Dilemma” below:
 
i) You buy, others buy, Everyone makes money when markets go up.
ii) You buy, others don’t buy, You may get stuck.
iii) You don’t buy, others buy, Others may get stuck.
iv) You don’t buy, others don’t buy, the market does not move.
Similar cases shall apply for a bearish scenario.
 
This is why position trading matters more in such a market. For position trades, you expect to get stuck at least for a couple of weeks. This is what is happening in markets that are moving at the moment. Participants take a longer view and so everyone still buys. If no one wants to get stuck in the short-term, some markets (like Singapore) do not move much.