Thursday, March 31, 2016

YUUZOO

YUUZOO - 31st Mar 2016

YUUZOO had a nice Gap up this morning at opening price of 22.5 cents and went up higher to touch 24.5 cents. But the closing price of 23 cents wasn't convincingly higher then the opening price of 22.5 cents. Although the volume is super high. We may have to observe how the share price pattern going to be for the next few days so as to determine the next direction going to be. 

The gap up was driven by the good news as reported on 30th Mar 2016 on the SGX website (http://infopub.sgx.com/FileOpen/Alisports%20press%20release%20FPR555.ashx?App=Announcement&FileID=395932)

ALIBABA AND YUUZOO SIGN AGREEMENT FOR YUUZOO TO MANAGE AND RUN ALIBABA SPORT GROUP’S E-SPORT EVENTS IN CHINA

- YuuZoo signs agreement with Alibaba, the largest e-commerce and payment company in China, for YuuZoo’s Chinese JV YuuGames to manage and run Alibaba’s eSport events throughout China

- Alibaba through Alisports group plans to invest RMB 100 million (US$ 15.4 million) for WESG alone

- Multimillion-dollar contract reinforces the position of YuuGames as a leading organiser of eSport events in China

- Partnership with China’s largest e-commerce and payment company opens the door for discussions about co-operation in YuuZoo’s other areas of activity in China, including games, social networking, e-commerce and payments

- RMB 35.6 million (US$5.5 million) prize money awaits grand champion of the competition

Under the agreement, AliSports will pay YuuGames a multimillion US dollar fee to organise and run WESG and manage AliSports’ E-Sports Clubs Competition Center. Through this deal, YuuZoo will gain a significant mumber of new users, who will be added to YuuZoo’s fast-growing userbase. Further, YuuZoo will generate additional revenue from promotional fees, advertising revenue, and e-commerce sales.

AliSports and YuuGames are planning to launch several eSports events this year in 15 cities across China, which is home to over 100 million eSports fans, 2 and over 440 million gamers.


This is really a piece of good news for YUUZOO to secure this agreement to  MANAGE AND RUN ALIBABA SPORT GROUP’S E-SPORT EVENTS IN CHINA .



I think the share price may continue to trend higher. If it is able to cross over 24.5 cents with ease then it may have a high chance to move up to re-visit 28 cents soon.

Breaking out of 28 cents with good volume that may propel to drive the share price higher towards 30 cents with extension to 35 cents.
(trade base on your own decision)

Wednesday, March 30, 2016

Indo Agri

Indo Agri - 30th Mar 2016

Indo Agri had a nice thrust bar as reflected on the chart today with a gain of 4 cents to close higher at 62.5 cents. Couple with slightly high volume this is generally rather positive.



Both Macd & Rsi indicators are still continue to trend higher which may provide further catalyst that the share price may continue to head higher.

Short term wise it is looking good to head higher to re-visit 70 cents with extension to 75 cents.
(trade base on your own decision)

Noble Group

Noble Group - update 30th Mar 2016

Noble Group after hitting the high of 49.5 cents on 23rd Mar 2016 it had began to pause and trend lower for the past few days. It has again showing sign of revival and gaining strength with the positive White Bar appearing on the chart today with a gain of 2 cents higher at 46.5 cents.



It is looking positively to head higher to re-visit 49.5 cents.
Also both Macd & Rsi indicators are still trending upwards which may provide further indication that the share price may continue to head higher.

Conquering of 49.5 cents with ease + good volume that may drive the share price higher towards 57.5 cents with extension to 65 cents.
(trade base on your own decision)

Tuesday, March 29, 2016

SembCorp Ind

SembCorp Ind - 29th March 2016

SembCorp Ind after hitting the high of $3.28 on 23rd Mar 2016 it had continued to trend lower to touch $2.96 on 29th Mar 2016. This is generally rather bearish.


The current price of $2.98 is hovering below the SMA lines which is quite negative.

Also MACD line had crossed over the Signal line and turning downwards which may be a tell tale sign that the share price may continue to trend lower.

Short term wise it may continue to trend lower to re-visit $2.81. Breaking down of $2.81 that may drive the share price to go further down towards $2.52.

(trade base on your own decision)

Monday, March 28, 2016

Mapletree Ind Trust

Mapletree Ind Trust - 28th Mar 2016

Mapletree Ind Trust after hitting the low of 1.46 on 21st Jan 2016 it had managed to continue to trend higher to touch 1,605 on 21st Mar 2016. This is rather bullish.


The current price at $1.60 is staying above the SMA lines which is generally quite positive.

Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.

Crossing over of 1.605 with ease + vood volume that may propel to drive the share price higher towards 1.64 then 1.70.
(trade base on your own decision)

Saturday, March 26, 2016

ASPIAL 4-YEAR 5.30% PER ANNUM BONDS

ASPIAL LAUNCHES 4-YEAR 5.30% PER ANNUM BONDS IN ITS SECOND RETAIL BOND 

OFFERING - Offer opens March 23, 2016 at 9.00 a.m. and closes March 30, 2016 at 12 noon - 

Public Offer tranche of up to S$50 million; Placement tranche of up to S$25 million - Minimum of S$2,000 per application under the Public Offer and S$100,000 per application under the Placement - Group’s second retail bond offering rides on successful maiden retail bonds issuance in August 2015.

The Offer is guaranteed by Aspial and the bonds will be issued by its wholly-owned subsidiary, Aspial Treasury Pte. Ltd. (the “Issuer”). DBS Bank Ltd. is the sole lead manager and bookrunner (the “Sole Lead Manager and Bookrunner”) for the Offer. Aspial’s Chief Executive Officer, Mr Koh Wee Seng, said, “This latest retail bond offering is aligned with our long-term strategy to diversify Aspial’s sources of financing, and further strengthens our financial footing for opportunities that may arise across the spectrum of our businesses. Our maiden retail bonds issuance was well received by private banking customers, institutions, and the general public, and we look forward to providing the investment community with another opportunity to take a stake in a homegrown brand.”

Offer Details The Offer of up to S$75 million in aggregate principal amount of 4-year 5.30% bonds due 2020 (the “Bonds”) comprises (i) an offer of up to S$50 million in aggregate principal amount of Bonds to the public in Singapore (the “Public Offer”), and (ii) an offer of up to S$25 million in aggregate principal amount of Bonds to private banking, institutional and other investors (the “Placement”). In the event of oversubscription in the Public Offer and/or the Placement, the Issuer and the Guarantor may, at their discretion and in consultation with the Sole Lead Manager and Bookrunner, (i) increase the issue size of the Bonds under the Public Offer and/or the Placement and (ii) determine the final allocation of such oversubscription between the Public Offer and the Placement, such that the maximum issue size under the Public Offer and the Placement does not exceed S$200 million in aggregate principal amount of Bonds. Applications for the Public Offer will be subject to balloting in the event of oversubscription of the Bonds. Applications for the Bonds open on March 23, 2016 at 9.00 a.m. and close on March 30, 2016 at 12 noon. The Bonds are expected to be issued on April 1, 2016 and are expected to commence trading on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) at 9.00 a.m. on April 4, 2016 .

It pays semi annually for the interest on 1st April & 1st Oct.

http://infopub.sgx.com/FileOpen/Placement_Closing.ashx?App=Announcement&FileID=395163

Is a good fixed income instrument. Of cousre Bond always carry certain risk. But the yield is so much higher as compare to FD. DYODD 

In fact is one of my favourite to diversify some % to corporate Bonds such as Hyflux 6%, Genting 5.25%,FCT 3.65%,CapMallTr 3.08%,Aspial 5.25%. Very good fixed income yield portfolios.

(invest base on your own decision)



Old Chang Kee

Old Chang Kee - 26th Mar 2016

Old Chang Kee started as far back as 1956 with just a small stall in a coffee shop outside the former Rex cinema along McKenzie Road. Today it has grown to become one of the local successful company with 82 outlets widely spread across all areas of Singapore. One outlet in Australia, 9 outlets in Indonesia and 3 outlets in Malaysia.

As at 31 December 2015, the Group operated a total of 82 outlets in Singapore as compared to 79 outlets as at 31 December 2014. The Group’s signature puff products remained the major contributor to its revenue and accounted for approximately 31.5% of the Group’s revenue in 3Q2016, as compared to approximately 33.3% in 3Q2015.

Their revenue has also been growing continuously from the data gathered from the Singapore Exchange Financial result announcements as follows:

EPS of 4.35 cents was being achieved for FY 2014 which is quite comparable for FY 2015 , indicating a EPS of 3.2 cents as of 3Qtr 2015 result. 

Cash on Hand of $18,816m which is well adequate /sufficient to cover the Bank loan of $7260m & 0.897m( base on 9M ended 31st Dec 2015). Basically it has enough cash to pay back the full amount of bank loans. In fact , we can say that the company has zero debts using the simply calculation of $18.816m less of $7260m & $0.897m = $11555.10m .

A stable and quite generous dividend of 3 cents was being declared for the past 2 years. At the current price of 67 cents, the yield is about 4.4% which is considered quite a good yield.

From TA point of view it has continued to trend lower after hitting the high of $1.03 on 27th Jan 2014 and gone down to touch the low of 63.5 cents on 15th Dec 2015.

The current price of 67 cents looks quite a good price to accumulate as it is implying a PE of about 15.4 times ( EPS of about 4.35cents). If the company is able to expand their business into China that might be another area of growing the company revenue going forward.
Pls do you own due diligent.
(trade base on your own decision)




Friday, March 25, 2016

OCBC

OCBC - 25th Mar 2016

OCBC after hitting the high of $9.30 on 22nd Mar 2016 it had experienced heavy selling down and closed lower at $8.91 on 24th Mar 2016.This is generally quite negative.

Last Fri had a drastic Gap-down at opening price of $9.07 and closed weaker at $8.91 + couple with High volume this is generally viewed as quite bearish.


Both MACD & RSI are showing sign of a negative divergence which may be a tell tale sign that the share price may continue to trend lower.

After this selling down we may be expecting to see a bounce off from the current price of $8.91.

If the price is not able to stay above $8.91 then chances is that it may eventually failed and continue to trend lower towards $8.60 then $8.30 with extension to $8.00.
(trade base on your own decision)

Wednesday, March 23, 2016

KepCorp

KepCorp -24th Mar 2016

KepCorp chart patterns seem to be trapped in a consolidated mode.
After hitting the high of $6.25 on 7th Mar 2016 it had been drifting lower to close at $6.04 on 23rd Mar. Again today - 24th Mar it has been experienced another gap down this is generally quite bearish.



MACD & RSI are showing some sign of a negative divergence which may be a tell tale sign that the share price may continue to go lower.

Breaking down of $5.82 may see it price head lower to re-test the previous low of $5.50.
(trade base on your own decision)


KEPPEL CORP - 6th March 2016

KEPPEL CORP had a very nice run-up from the low of $4.64 to a high of $6.10 on 4th March 2016.
This is rather bullish.


The current price of $6.10 has been driven into a Overbought situation. It will be good to pull-back/retreat before setting the next direction.
Is always good to lock in part of your profits after such a impressive run. Let the other half roll-on.

After the pull-back we may then again look for a good opportunity to Long/accumulate.

The immediate resistance is in the range of $6.20 to $6.56. It will take a greater force to break through this hurdles.
(trade base on your own decision)

DONATION
 

Ho Bee Land

Ho Bee Land - 23rd Mar 2016

Ho Bee Land after hitting the low of $1.815 on 12th Feb 2016 it had managed to stage a strong recovery and rises higher to touch $2.25 on 17th Mar 2016. This is super bullish.


The current price of $2.12 is staying above the SMA lines which is generally rather positive.

Also both Macd & Rsi are still trending higher which may be a tell tale sign that the share price may continue to head higher.

Crossing over of recent high of $2.25 with great volume that may further drive the share price higher towards $2.30 then $2.36.
(trade base on your own decision)

Tuesday, March 22, 2016

SingTel

SingTel - 22nd Mar 2016

SingTel had a nice run-up after hitting the low of $3.40 on 26th Jan 2016 and had managed to head higher to touch $3.90 on 18th Mar 2016.This is rather bullish.

The current price of $3.86 is staying above the SMA lines which is generally rather healthy / positive.



Also both Macd & Rsi indicators are still trending upwards of which may provide further indication that the share price may continue to head higher.

Crossing over of $3.90 with ease + good volume that may trigger to drive the share price higher towards $4.10 and $4.18.
(trade base on your own decision)


Monday, March 21, 2016

Noble

Noble  - 21st March 2016

Noble after hitting the low of 26.5 cents on 20th Jan 2016 it had managed to stage a strong recovery to touch 47.5 cents on 8th Mar 2016. This is rather bullish.

The current price of 45 cents is hovering above the SMA lines which is generally rather positive.



Also both Macd & Rsi indicators are still trending upwards which may provide further catalyst that the share price may continue to head higher.

Looking forward for a smooth crossing over of 47.5 cents with good volume that may propel to drive the share price higher towards 57.5 cents then 60 cents with extension to 65 cents.
(trade base on your own decision)

OUE

OUE - 21st March 2016

OUE after hitting the historical low of $1.60 on 12th Feb 2016 it had managed to edge higher to touch $1.695 on 14th Mar 2016. This is rather bullish.

The current price of $1.69 is hovering above the SMA lines which is generally quite positive.



Also both Macd & RSI indicators are showing sign of a positive divergence which may provide further indication that the share price may continue to head higher.

Short term wise look out for a nice crossing over of $1.70 with good volume that may propel to drive the share price higher towards $1.81 with extension to $1.895.

(trade base on your own decision)

Saturday, March 19, 2016

Cleaning up of stocks porfolios

Cleaning up of stocks porfolios 

I think is good to practice the idea of re-assessing /re-adjusting our stocks portfolios from time to time .

I believe the stocks market has been going-through Ups and Downs in a very rationale way as well as ir-rationale way. Dow is again approaching the psychological level of 20000 points. Think we may be in for another selling-off that could be happening sooner or later.
STI market is still on a downtrend mode even tough we have seen some strong recovery for the past one month.It may re-attempt to re-visit the psychological 3000 points. Don't be too self-complacency . Always be prepared for the new down-fall that may come sooner or in the next 1 - 2 years time.

We buy stocks for so many reasons. Sometimes we purchased a stock counter from the tips/advice from Fund Manager/Advisers or Brokers or even friends & colleagues.Some even advice us is okay to hold 100 percent of our stocks / equities so as to secure a bigger nest-egg because stocks will eventually outperforms over a long period of time.

But when we are facing a inevitable correction/sudden crisis taken place, many will be panicking as we realise that we have too many stocks in our portfolios /investments and the loss in value - even on paper can be too painful to bear.
Is quite normal for people to sell off their shares during heavy market selling down. "People may sell their shares for the wrong reasons and at the wrong timing."

The usual advice we know is always to stay on the course and ride out the market volatilities.
But we are Human and is always subject to have emotions and especially true in a bear markets , fear can make us panic and sell our shares at a loss.

For a successful investor , successful investing requires a lot of patience as well as coming to grips with both the emotions as well as emotions of others.

For people who wants to have a peaceful mind and sleeping soundly at night , it would be good to spare a moment to re-assess/re-adjust our stocks porfolios , as the STI markets has re-gained its poise after last few months of selling off.

We should again going through the rationale of buying stocks and if we are unable to satisfy our own reason, it may be better off selling it. Overall, if a stock counter had been under-performed in a Bull market, what is the likelihood of it performing well in a Bearish market.

Sometimes you may be finding yourself in a dilemma stage of selling the shares of a certain stock counter in one go - even if it is no longer relevant . In such a situation it might be a good options to sell half of your holdings first. This might help an investor to overcome the psychological effects of having to decide whether to hold or to sell it off completely.

In freeing up our cash for selling half of our holdings, it give us the opportunity to invest on a much better performing stocks. It is also a good way to prevent us from doing something ir-rationale or silly if the share prices were to drop further ..

(trade/invest base on your own decision )

Friday, March 18, 2016

YOMA STRAGETIC

YOMA STRAGETIC - 19th March 2016

YOMA STRAGETIC had a fantastic run from the low of 40.5 cents on 12th Feb 2016 and continued to head higher to touch 58 cents on 18th Mar 2016. This is rather bullish.


The current price of 56.5 cents is staying above the SMA lines which is rather positive.

Also both Macd & Rsi indicators are also pointing upwards which may be a tell tale sign that the share price may continue to head higher.

Short term wise may expect to see it prices head higher towards 60.5 cents which is quite a formidable overhead Resistance that may post a challenge to break-through.

Crossing over of 60.5 cents with good volume and with ease that may propel to drive the share price higher towards 66.5 cents.
(trade base on your own decision)

Global Logistic

Global Logistic - 18th Mar 2016

Global Logistic after hitting the low of $1.605 on 16th Feb 2016 and had been able to stage a strong recovery to hit $1.93 on 7th Mar 2016. This is rather bullish.

The current price of $1.895 is hovering above the SMA lines which is generally rather positive.

Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.


A strong breaking out of $1.93 with good volume that may propel to drive the share price higher towards $1.98. From the chart you can notice that $1.98 is quite a strong overhead resistance which may be quite difficult/challenge for it to break-through.

If it able to breakout $1.98 convincingly  then perhaps it may head higher towards $2.16.

Due to STI market has been up for the past few weeks. I think it is overdue for a correction. Therefore , be on extra cautious to set your cut-loss price if a major correction has really happened.

(trade base on your own decision)

Thursday, March 17, 2016

CAPITALAND

CAPITALAND - 17th Mar 2016

CAPITALAND had a nice run up after hitting the low of $2.80 on 12th Feb 2016 and had managed to continue to head higher towards $3.19 on 17th Mar 2016. This is generally quite bullish.



Both Macd & Rsi are still trending upwards which may provide further catalyst that the share price may continue to head higher.

Breaking out of $3.24 with good volume that may propel to drive the share price higher towards $3.40 with extension to $3.50.
(trade base on your own decision)




DONATION

Wednesday, March 16, 2016

First Resources

First Resources - 16th Mar 2016

First Resources after hitting the low of $1.64 on 27th Jan 2016 it had managed to trend higher to touch $2.04 on 18th Feb 2016. This is rather bullish.

The current price of $1.96 is hovering above the SMA lines which is generally rather healthy/positive.


Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.

Short term wise it may continue to move up to re-visit $2.04. Crossing out of $2.04 with good volume that may trigger to drive the share price higher towards $2.19.
(trade base on your own decision)


Tuesday, March 15, 2016

Sino Grandness

Sino Grandness - 15th Mar 2016

Sino Grandness had a fantastic run from the low of 29.5 cents on 18th Jan 2016 and staged a strong recovery to hit 57.5 cents on 15th Mar 2016. This is super bullish.

The current price of 55.5 cents is staying above the SMA lines which is generally rather positive.

Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.


Today it had formed a doji on the chart which may be a tell tale sign that the share price may retreat a little before setting the momentum for the next direction.

Short term wise it may continue to head higher towards 60 cents with extension to 68 cents.
(trade base on your own decision)


stock trading manual
STOCK TRADING MANUAL

DONATION

Monday, March 14, 2016

COSCO

COSCO - 14th Mar 2016

COSCO after hitting the low of 28.5 cents on 16th Feb 2016 had managed to edge up higher to touch 40.5 cents on 10th Mar 2016. This is rather impressive/bullish despite negative FY2015 result.

The current price is hovering way above the SMA lines which is generally rather positive.



Also both Macd & Rsi are still trending upwards that may provide further catalyst that the share price may continue to head higher.

Breaking out of 40.5 cents with good volume that may propel to drive the share price higher towards 47 cents with extension to 53.5 cents.
(trade base on your own decision)


stock trading manual
STOCK TRADING MANUAL

Sunday, March 13, 2016

UOB

UOB - 13th Mar 2016

UOB after hitting the low of $16.80 on 25th Feb 2016 it had managed to stage a strong recovery and head higher to touch $18.70 on 10th Mar 2016. This is generally rather bulish.

The current price of $18.65 is staying above the SMA lines which is basically quite positive.



Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.

Breaking out of $18.70 with good volume that may propel to drive the share price higher towards $19.74 with extension to $20.78.

(trade base on your own decision)

DONATION
stock trading manual
STOCK TRADING MANUAL

Saturday, March 12, 2016

SembMarine

SembMarine - 12th Mar 2016

 SembMarine after hitting the low of 1.405 on 18th Feb 2016 it had managed to stage a strong recovery and rises up to touch 1.835 on 7th Mar 2016, This is generally rather bullish.

The current price of 1.73 is hovering above the SMA lines which is rather healthy.



Also both Macd & Rsi are still trending upwards which may provide further catalyst that the share price may continue to head higher.

Breaking out of 1.835 with good volume that may propel to drive the share price higher towards 1.97 and then 2.00 & above.
(trade base on your own decision)
stock trading manual
STOCK TRADING MANUAL

Friday, March 11, 2016

GENTING SING

GENTING SING - 12th Mar 2016

GENTING SING has staged a strong recovery after hitting the low of 66 cents on 11th Feb 2016 and managed to continued to head higher to touch 80 cents on 11th Mar 2016. This is super bullish.

With the current price hovering above the SMA lines this is generally very healthy.

Also on 11th Mar 2016 it had managed to cleared the strong overhead resistance at 79 cents and closed high at 80 cents with high volume. This is rather positive.


Macd indicator is still trending upwards which may provide further catalyst that the share price may continue to head higher.

Short term wise may see it goes up to re-visit 87 cents and then 91 cents with extension to $1.00.
(trade base on your own decision)


DONATION
stock trading manual
STOCK TRADING MANUAL

Golden Agri

Golden Agri - 11th Mar 2016

Golden Agri had been consolidating within the range of 36.5 cents to 3.7.5 cents and finally broken out on 3rd March 2016 and closed high at 38.5 cents .This is rather positive.

Today it had again conquered another major resistance at 41.5 cents and closed well at 42 cents + couple with high volume . This is generally rather bullish.


The current price of 42 cents is staying above the SMA lines which is generally rather positive.

Also both MACD & RSI are still trending upwards which may provide further indication that the share price may continue to head higher towards 46.5 cents with extension to 51.5 cents.

With oil price stabilizing & chances of it has been hitting the bottoming price. Looking good to bring cheers to Golden Agri that is also indirectly benefiting from higher oil price.

With the Europe market and Dow extending gains of almost +200 points on Friday. Monday may see Golden Agri continue to charge up towards 46.5 cents...

(trade base on your own decison)

DONATION
stock trading manual
STOCK TRADING MANUAL

Thursday, March 10, 2016

SGX

SGX - 10th Mar 2016

SGX after hitting the low of $6.61 on the 19th Jan and had been able to stage a strong recovery to head higher to touch $7.70 4th Mar 2016. This is rather bullish.


The current price of $7.64 is staying above the SMA lines which is generally rather positive.

Also Macd is still trending upwards which may provide further catalyst that the share price may continue to head higher.

A strong breakout of $7.70 ( the major resistance) with good volume that may propel to drive the shar price higher towards $8.00 then $8.55.
(trade base on your own decision)



DONATION
stock trading manual
STOCK TRADING MANUAL

Wednesday, March 9, 2016

Super Group

Super Group - 9th Mar 2016

Super Group after hitting the low of 69 cents on 18th Jan 2016 managed to stage a strong rebound and head higher to touch $1.08 on 3rd Mar 2016. This is very positive.

The current price of $1.02 is hovering above the 14SMA & 25SMA which is generally rather bullish.


Also both Macd & Rsi are still trending upwards which may provide further catalyst that the share price may continue to head higher.

Looks like it may move up to re-visit $1.08 soon. Breaking out of $1.08 with good volume that may propel to drive the share price higher towards $1.135 with extension to $1.20.
(trade base on your own decision)
DONATION

Tuesday, March 8, 2016

SembCorp Ind

SembCorp Ind - 8th Mar 2016

SembCorp Ind has been experiencing a drastic selling down of the share price today from the high of $3.21 to the low of $2.89. A Black engulfing candles appeared on the chart. Couple with super high volume. It seems that the selling is being overdone. Short term wise can expect to see a bounce-off from the current price of $2.90 .



It may become range bound from $2.89 to $3.23 and hopefully it can slowly move up to cross over $3.23 in order to continue this uptrend move.
(trade base on your own decision)


DONATION

ST Engineering

Update for ST Engineering - 8th March 2016

ST Engineering after hitting the high of $3.12 on 7th March 2016 it is now taking a breather / break with the share price being corrected down to close lower at $3.01 on 8th Mar 2016.

The volume seems low which is generally quite healthy /positive for a stock that has risen from the low of $2.67 on 10th Feb 2016 to a high of $3.12 on 7th Mar.



As reflected on the chart it is still trending upwards with the current price of $3.01 is hovering above the 14SMA & 25SMA lines. This is generally rather bullish.

Hopefully after having this pause/break it will be able to regain the upwards momentum move to re-visit $3.12 . Breaking out of $3.12 with good volume that may propel to drive the share price higher towards $3.20 with extension to $3.30.

EPS of 17.05 cents . Dividend of 15 cents per annum(4.9% yeild). PE of 17.65 times is still consider quite a good price to consider to accumulate for this defensive play counter. TP $3.30 (about PE 19.3 times )

(trade base on your own decision)
DONATION

Monday, March 7, 2016

VARD

VARD - 7th Mar 2016

VARD has a nice breaking out today at 20 cents and closed higher at 22.5 cents. This is rather bullish.
It has staged a very impressive recovery from the low of 0.12 cents and managed to head higher to touch 22.5 cent on 7th Mar 2016. This is generally rather positive.



After this upwards thrust today, it will be good for it to pause/to take a break before gaining strenght to move up again. Also Rsi is also pointing towards the overbought territories which will be good sign for it to retreat a little.

After this pause, wait to see if it is able to move up the channel to towards 26 cents with extension to 30.5 cents.

(trade base on your own decision)
DONATION

Saturday, March 5, 2016

KEPPEL CORP

KEPPEL CORP - 6th March 2016

KEPPEL CORP had a very nice run-up from the low of $4.64 to a high of $6.10 on 4th March 2016.
This is rather bullish.


The current price of $6.10 has been driven into a Overbought situation. It will be good to pull-back/retreat before setting the next direction.
Is always good to lock in part of your profits after such a impressive run. Let the other half roll-on.

After the pull-back we may then again look for a good opportunity to Long/accumulate.

The immediate resistance is in the range of $6.20 to $6.56. It will take a greater force to break through this hurdles.
(trade base on your own decision)
DONATION

Friday, March 4, 2016

ST Engr

ST Engineering - 5th March 2016

ST Engineering had a very nice breaking out of $3.05 on 3rd March 2016 and closed well at $3.09. This is rather Bullish.



Both Macd & Rsi are still trending upwards and may provide further catalyst that the share price may continue to head higher towards $3.20 then $3.30 with extension to $3.38.
( trade base on your own decision)



SINGTEL

SINGTEL 5th March 2016

SINGTEL has been able to bounce off from the low of $3.40 from 18th Jan 2016 and continued to head higher to close at $3.81 on 4th March 2016. This is rather Bullish.



Macd are still trending upwards + Rsi is hovering above the 50% level that may provide further indication that the share price may continue to head higher.

Breaking out of $3.87 with good volume that may propel to drive the share price higher towards $4.07.
(trade base on your own decision)