Thursday, December 31, 2015

OSIM INTL

OSIM INTL - 1st January 2016

OSIM INTL seems to have bounced off from the low of $1.00 on 15th Dec 2015 and had managed to rise higher to close at $1.08 on 31st Dec 2015.
Its current price is hovering above both 14SMA & 25SMA which is generally quite positive.
From TA point of view it may have reversed this downtrend and is showing sign of moving up.
Both MACD & RSI are also showing sign of a positive divergence which may provide further indication for the price to head higher.



A nice breaking out of $1.115 with good volume that may provide further catalyst to propel the share price to head higher towards $1.22 then $1.36 on a short term uptrend mode.

If price dropped below $1.00 then perhaps this uptrend mode may not follow-through.


Entry price - $ 1.115.
Cut(Stop) Loss -$ 1.00
Target price - $ 1.22 - $1.36

(Trade/invest base on your own decision)

UOB

UOB - 1st January 2016

UOB seems to have bounced off from the low of $18.80 on 14th Dec 2015 and had managed to rise higher to close at $19.61 on 31st Dec 15.
The current price of $19.61 is staying above both 14SMA & 25SMA which is generally positive.
From TA point of view it has reverse the downtrend and is slowly moving up.
Both MACD & RSI are also rising which may provide further indication to drive the share price higher.


Breaking out of $19.80 with good volume that may provide further catalyst to propel the share price higher toward $20.00 then $20.50 for a short term uptrend mode.

If price dropped below $19.40 then perhaps this uptrend mode may not follow-through.


Entry price - $19.80
Cut (Stop) Loss - $19.40
Target price - $20 - $20.50.

(Trade/invest base on your own decision)



Cordlife

Cordlife - 31st Dec 2015

Cordlife had a fantastic run after hitting the low of $1.055 on 9th July 2015 and rises to touch All-Time-High of $1.495 on 23rd Dec 2015.
The current price of $1.455 as of 31st Dec it is hovering above both 14SMA & 25SMA lines which is generally healthy/positive.
Also both MACD & RSI are still trending upwards which may provide further catalyst to drive the share price higher.


Breaking out of $1.50 with good volume that may propel to drive the share price higher towards $1.60 then $1.70 for short term uptrend target price.

If price dropped below $1.43 then perhaps this uptrend mode may not follow-through.

Entry price - $1.50
Cut(Stop) Loss - $1.43
Target price - $1.60 - $ 1.70

(Trade/invest base on your own decision)


Q&M Dental

Q&M Dental - 31st Dec 2015

Q&M Dental had risen to the high of $1.00 on 19th May 2015 and has since drifting lower to hit 56.5 cents on 28th Aug 2015. Since then it is able to do a strong re-bounce and rises higher to touch 80.5 cents on 29th Oct 2015. The price has again drifted lower to close at 70 cents on 31st Dec.


From TA point of view it is now in a consolidation/neutral position.
Both MACD & RSI are showing sign of trending higher which is rather positive.
Breaking out of 73.5 cents with good volume that may propel the share price to head higher towards 80 cents then 90 cents for short term uptrend target price.

If price dropped below 68 cents then perhaps this uptrend mode may not follow-through.





Entry Price - 73.5 cents
Cut (Stop) Loss - 68 cents
TP 80 - 90 cents

(Trade/invest base on your own decision)

Wednesday, December 30, 2015

Wilmar Intl

Wilmar Intl - 30th December 2015

Wilmar Intl seems to have bounced off from the low of $2.77 on 14 Dec 2015 and managed to rise higher to close at $2.96 today. From TA point of view it seems to be on a reversal trend with current price staying above both 14SMA & 25SMA lines.


Both MACD & RSI are also showing sign of a positive divergence that may provide further catalyst to drive the share price higher.

Breaking out of $3.00 with good volume will be rather bullish for the price to head higher towards $3.15 then $3.23 for short trend uptrend target price.

If price dropped below $2.88 then perhaps this short term uptrend mode may not follow-through.
(trade/invest base on your own decision)


Guocoland

Guocoland - 30th Dec 2015

Guocoland seems to have tested several occasion at $1.785 and bounce off to close higher.
Similar action was again happened today as reflected from the chart below.
From TA point of view it seems to be hitting the bottom price or support level at $1.785.


MACD indicator are slowly edging up closer toward 0 and RSI indicator is also hovering slightly above 30% which may likely see a rebounce happening soon.
Look for the immediate sign to see if it is able to cross over $1.86 with ease that may provide further indication to confirm whether is it able to drive the share price higher.
Short term target price of $1.96 may be possible if is able to breakout $1.86 convincingly.

NAV is about $3.03. Yearly dividend of 5 cents per share(2.77%).
One of the company director recently just bought some 100,000 shares at $1.825.
(trade/invest base on your own decision)


Tuesday, December 29, 2015

City Dev

City Development - 29th Dec 2015

City Development seems to be on a short term uptrend mode as reflected from the chart with the current price of $7.75 is staying above both 14SMA & 25SMA. This is rather positive.
With the current 14SMA line crossing over 25SMA line this may provide further catalyst for the share price to head higher.


MACD indicator is showing signed of positive divergence which may further support for the price to move higher. RSI has crossed the 70% level which may be a tell tale sign that the current price which has risen from $6.95 14th Dec to close at $7.75 on 29th Dec seem to be in an overbought situation.

Think price may pause or retreat a little bit from current price and may eventually moving up to test  $8.00 and then $8.20.

EPS is about $0.62. PE is about 12.5 times base on current price of $7.75.
Given the current lousy property market condition, may be it will be safer to peg the short term Target Price as $8.10 which is about PE 13 times.
(trade/invest base on your own decision)



KEPPEL CORP

Keppel Corp - 29th Dec 2015

Keppel Corp seems to have bounced off from the low of $6.20 on 14th Dec 2015 and had since risen to close at $6.50 on 29th Dec.
From TA point of view it seems to be a reversal trend with the current price of $6.50 is hovering above both 14SMA & 25SMA lines. This is generally positive.

Also both MACD & RSI are also showing signed of a positive divergence that may provide further indication to drive the share price higher.
Short term looking good for it to head higher to test $6.60 soon. Breaking out of $6.60 may see it rises further towards $6.90 and above.

The estimated EPS is about $0.78. With the current price of $6.50 , PE is about 8.33 times.
Seems quite a good price to accumulate at current price. Of course, on the other hand, the O&G sector is being weighed down by the current low oil prices. Future earning may also be affected directly with the oil prices trending higher or lower.
(trade/invest base on your own decision)

Monday, December 28, 2015

HTL Intl

HTL Intl - 28th Dec 2015

HTL Intl can be considered as a run-away stock with an impressive share price rallying up substantially from the low of 24 cents to the recent high of 72 cents on 23rd Dec. It has since closed at 68.5 cents on 28th December 2015 and formed a doji as reflected on the chart.


This may be another case of a pump and dump scenario. It will be good to take extra cautious when trading/dealing with this counter even though "the company has made announcement on 11th December and received a notification from BEM that it is in advanced negotiations with Yihua on finalising the definitive transactions agreement(s) in relation to the possible acquisition of all the shares in the company by Yihua's wholly owned subsidiary in Hong Kong. And on 19th Dec 2015 they have made another announcement which states that negotiations are still ongoing."

No indication of the offer price yet . I think the NAV is about 40 cents.

Short term more likely to see a pull-back towards 62.5 cents..
(trade/invest base on your own decision)

SingPost

Update - SingPost - 31st December 2015

SingPost is still not out of the wood yet.
From the chart you can see that both 14SMA & 25SMA lines are still trending downwards.
No sign of U-Turn or reversal occurs.


Trade volume is also rather low.This is generally quite negative.
Breaking down of $1.605 will be the tell tale sign that it will likely to go down further South.

Current price of $1.64 is still consider rather high/expensive.
EPS of 8 cents. PE of 20.5 times for $1.64.

Trade with extra cautious.

(trade/invest base on your own decision)




Singapore Post - 28th December 2015

Singapore Post has been on a down trend mode after hitting a high of $1.935 on 27 Oct 2015. It has continued to trend lower and closed $1.61 on 24th Dec 2015.
The current price is hovering below both 14SMA & 25SMA which is rather bearish.
Also both MACD & RSI indicator are showing sign of negative divergence. This is generally not healthy/bearish and may see further weakness of the price moving downward.
From the chart you may notice on 24th Dec 2015 the selling volume is super high as being pointed by the Black arrow.


Today it has shown signed of some possible short covering and closed higher at $1.625. I think some may have taken this opportunity to exit/ cut their losses for their Long trade in order to minimize their losses.


From the historical chart dated back to June 2014, you can see that the current support price of $1.605 may not hold long judging from the Gap up that was triggered due to certain good news happened at that time. Not much obstacles /resistance from $1.605 to $1.50 that may trigger a greater fall from $1.605 to $1.50 if this support level has been broken out.
(Trade/invest base on your own decision)




Sunday, December 27, 2015

EZION

EZION - 27th Dec 2015

Ezion has manged to bounce off from the low of 55 cents on 14th December 2015 and rises higher to close at 63.5 cents on 24th December 2015.
From TA point of view is it now on a short term uptrend direction as its price of 63.5 cents is staying above both 14SMA & 25SMA line. This is generally positive.


Also both MACD & RSI are showing positive divergence which may provide further indication to drive the share price higher towards 68.5 cents then 74 cents.

If price dropped below 59 cents then perhaps the uptrend mode may not follow-through.
(trade/invest base on your own decision)

SIA Engineering

SIA Engineering - 27th Dec 2015

SIA Engineering has bounced off from the low of $3.47 on 17th Dec 2015 and had managed to trend higher to close at $3.68 on 24th December 2015.
From TA point of view it seems to be a trend reversal as reflected from the chart with the current price staying above both 14SMA & 25SMA line. This is quite positive and may provide further catalyst to drive the share price higher.


Also both MACD & RSI are showing a positive divergence that may provide further indication for the price to move upwards.
Looking forward to see a breakout of $3.72 with good volume that may drive the share price higher towards $3.80 then $4.00 for short term bullish trend.
(trade/invest base on your own decision)

Saturday, December 26, 2015

OCBC

OCBC Bank - 27th Dec 2015

OCBC has been able to bounced off from the low of $8.50 on 14 Dec 2015 and had gently rebounced higher to close $8.85 on 24 Dec 2015.


From TA point of view it is a trend reversal as reflected from the chart with the price now is staying above both 14 SMA & 25 SMA line. This is generally positive.
Also both MACD & RSI are showing signed of a positive divergence that is also positive to drive the share price higher.
Short term can expect to see some pauses here and there. Think it may head higher to test $9.00 then $9.24.

If price dropped below $8.64 then perhaps the uptrend mode may not follow-through.
(trade/invest base on your own decision)

SGX

Singapore Exchange (SGX) - 26th Dec 2015

From TA piont of view it is hovering on a neutral / consolidation mode as reflected on the chart with both 14 SMA(Red line) & 25 SMA(Blue line) line staying flat/straight line position.



MACD indicator is staying above 0 which may provide some positive indication for share price to head higher. It will need to breakout $7.70 with strong volume in order for it to trigger the changing of trend to move upwards. Breaking out of $7.70 may see it rises to $7.90.

If price dropped below $7.53 then perhaps this uptrend mode may not follow-through.
(trade/invest base on your own decision)


Friday, December 25, 2015

Capitaland

Capitaland - 25th December 2015
Capitaland from TA point of view is on a short term uptrend mode as reflected on the chart with a nice breakout of $3.30 yesterday.
Both MACD & RSI are rising upwards which will provide further drive to push the share price higher.
Also the current price of $3.33 is above the 14 SMA & 25 SMA which is inline of supporting the price of heading higher. 
Short term may expect price to head higher towards $3.50 then $3.58.
If the price dropped below $3.26 then perhaps the uptrend mode may not follow-through.
(trade/invest base on your own decision)

Thursday, December 24, 2015

Noble Group

Noble Group - 24th December 2015

From TA point of view, Noble seems to be on a short term uptrend pattern as reflected on the chart.
Both MACD & RSI are rising higher which is rather positive to drive the share price further.
The 14 SMA line has just crossed over 25 SMA line which indicate further price rises is on the right track.

Short term looking forward to see the price head higher towards 51.5 cents then 56 cents.
If the price dropped below 44 cents then perhaps will not see this follow through.
(trade/invest base on your own decision)
  

Cosco Singapore

Cosco Corporation (S) Ltd - 24th December 2015

Cosco has been going higher and higher for the past few days since 18th December from 29 cents to 53.5 cents. The prices went up for the past 5 days has been overly extended.
People are merely chasing for the share prices for betting that the parent company may announce some good news to support the company.
Today - 24th December it has formed a doji and closed high at 51.5 cents. From TA point of view, it seems that it has to take a breather /retreat before loosing steam. If not, it may fail and the price will come down drastically in time to come. Kindly trade with extra cautious(trade /invest base on your own decision).
Well. The prices is basically up mostly based on speculation. End of the day, when reality kicks-in prices will start to reflect the true nature of the business/faith when company announcing its Full Year result which is expecting to announce a significant net loss for its FY2015 Results on 19th February 2016:

quote "The Board is of the view that the 4Q2015 Results and its FY2015 Results will show a significant net loss as compared to earnings recorded in the corresponding period of the previous financial year. The expected significant net loss is mainly attributable to (i) the continuing depressed state of crude oil prices which has had an adverse impact on the global offshore marine industry, (ii) the slump in the shipbuilding market which has negatively impacted the Company’s shipyards; and (iii) the languid dry bulk shipping market which has brought great pressures to the Company’s dry bulk fleet operations. As a result of adverse market conditions, in fourth quarter ending 31 December 2015, the Company’s shipyards incurred writedowns of certain inventory and provisions for impairment of trade receivables for certain contracts, which are deferred or may potentially be cancelled.