Saturday, December 31, 2016

NOBLE

HAPPY NEW YEAR TO ALL!

Noble - 31st Dec 2016

Noble after hitting the low of 15.9 cents on 30th Nov 2016 it had managed to stage a strong recovery and head higher to touch 17.7 cents on 29th Dec 2016. This is generally quite positive.



Macd is showing sign of a positive divergence which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely move up to test the recent high of 17.7 cents . Crossing over of 17.7 cents with good volume that may propel to drive the share price higher towards 18 cents than 18.7 cents. Breaking out of 18.7 cents with ease that may likely see the share price moving up to test the psychological level 20 cents then 20.5 cents.

( trade base on your won decision)



Saturday, December 24, 2016

Golden Agri

Update - 4th Jan 2016

Golden Agri is still hovering in the consolidated/neutral range and may likely do another attempt to move up to re-test the recent high of 45 cents.


The main driver that help to boost the share price I think could be due to the higher cpo price that is projected to rise towards MYR3300. As of last Tue I think the cpo price is MYR3163 ( 3rd Jan 2017) which is a good sign that Agri may see a much better revenue & net profit to be reported for the 4th quarter result and perhaps for the next 2 subsequent quarter.

Golden Agri - 23rd Dec 2016

Merry Christmas to all!

Golden Agri looks like it may move up to attempt 45 cents again. From the chart we can notice that it had already tested 45 cents on 4 occasion. This is quite significance.

Currently, it is rested at the support level of 42/42.5 cents.
With cpo price estimate to rise higher towards MYR 3300 , I think this may likely benefit the palm oil related counter. The next coming 4 qtr result may post better and higher revenue/net profit.
Hopefully, this may accompany with higher dividend paying out for Final dividend announcement.

The past few days from my observation, there were people accumulating at 42.5 to 44 cents.
I think Golden Agri may have another leg of moving up to attempt 45 cents .



Look out for any confirmation signal if it is able to cross over 44/44.5 cents with good volume that may propel to drive the share price higher to test 45 cents again.
Breaking out of 45 cents with good volume that may drive the share price higher towards 46.5/47 cents with extension to 50 cents.
( trade base on your own decision)



Friday, December 23, 2016

Asian Pay TC Trust

Asian Pay TC Trust - 23rd Dec 2016

Asian Pay TC Trust from TA point of view looks super bearish. It has been fallen from the high of 61.5 cents on 3rd May 2016 and went down to touch the low of 37 cents today. This is rather negative.



The closing price of 38.5 cents + high volume does not bode well for the current situation. Both Macd & Rsi are still trending downwards which may be a tell tale sign that the share price may continue to head further south.
Further selling down pressure of the share price may be expected as the current price is staying below the SMA lines.

Short term wise I think it may likely go down to test 35 cents . Breaking down of 35 cents with high volume that may likely see further selling pressure and slide towards 30 cents.

A word of cautious is better not to chase blindly simply because of the high yield factor. One good example may be the recent shipping trust that is having problem with its financial situation. I think This could be a warning bell/sign esp when the price is falling substantially couple with super high volume.
( trade base on  your own decision)

Genting Sp

Genting Sp - update 23rd Dec 2016

Genting Sp has weaken again and dropped further from 94.5 cents on 16 Dec 2016 and closed at 90.5 cents on 23rd Dec 2016. This is rather bearish .



We can notice from the chart that it may likely go down to test 88 cents(50 SMA line) then 85 cents.
Breaking down of 85 cents may see further selling pressure towards 80 cents.

( trade base on your own decision)


Genting Sp - 16th Dec 2016

Genting Sp after hitting the high of $1.04 on 8th Dec 2016 , it had since corrected sharply and went down to touch 93 cents. This is generally rather bearish.
The current price of 94.5 cents is staying below the 20SMA line which is a sign of weakness and may likely go down to test the 50 SMA line at about 85 cents.




Breaking down of 85 cents that may likely go down to test 80 cents and below.

Fyi, recent selling of shares by directors may be a tell tale sign that the current price of 94.5 to 98 cents could be deem as a favorable price to divest.

Also it will be good to take note of the high PE of about 63 times base on the estimate EPS of about 1.5 cents ( 9 months eps 0.89 cents + /- of 0.61 cents for 4th qtr) .

I think the bull run from 74 cents to a high of 1.04 which is mainly attributed to the first interim dividend of 1.5 cents + the news flow of the Japan casino that may likely boosted the share price to go up. Looks like it may be losing out of steam. Trade with extra cautious . Dyodd.

( trade base on your own decision)

Saturday, December 17, 2016

Best World

Best World - 16th Dec 2016

Best World seems like the bull run is losing steam. Last Thursday it has broken down the strong support at $1.30 and closed lower at $1.255. This is rather bearish.



On Friday it had again experienced further selling down and closed even lower at $1.20.

From TA point of view, looks like it may likely go down to re-visit $1.10 then $1.06. Once $1.06 is broken down expect to see further sliding down towards $1.00 then $0.92.

( trade base on your own decision)

Friday, December 16, 2016

Genting Sp

Genting Sp - 16th Dec 2016

Genting Sp after hitting the high of $1.04 on 8th Dec 2016 , it had since corrected sharply and went down to touch 93 cents. This is generally rather bearish.
The current price of 94.5 cents is staying below the 20SMA line which is a sign of weakness and may likely go down to test the 50 SMA line at about 85 cents.




Breaking down of 85 cents that may likely go down to test 80 cents and below.

Fyi, recent selling of shares by directors may be a tell tale sign that the current price of 94.5 to 98 cents could be deem as a favorable price to divest.

Also it will be good to take note of the high PE of about 63 times base on the estimate EPS of about 1.5 cents ( 9 months eps 0.89 cents + /- of 0.61 cents for 4th qtr) .

I think the bull run from 74 cents to a high of 1.04 which is mainly attributed to the first interim dividend of 1.5 cents + the news flow of the Japan casino that may likely boosted the share price to go up. Looks like it may be losing out of steam. Trade with extra cautious . Dyodd.

( trade base on your own decision)

Sembcorp Ind

Sembcorp Ind - 16th Dec 2016

Sembcorp Ind after hitting the high of 3.02 on 12th Dec 2016 it has since corrected/ retreated to touch 2.90 on 16th Dec 2016. From TA point of view it is still rather bullish. We may notice that from the past few days the no. of share changing hands volume were rather low. I think This is a good sign that the selling could be due to minority shareholder selling or taking profit.



With oil price heading higher and closed well at $52.03 ( Up 1.96%) on sign of producers will comply with output cut ( http://www.cnbc.com/2016/12/15/oil-prices-edge-up-as-kuwait-cuts-supplies-by-more-than-expected.html) .

This is generally positive for Oil & Gas related counter like Sembcorp Ind,

Short term wise , I think it may likely move up to test $2.99 then $3.02. Breaking out of $3.02 with good volume that may propel to drive the share price higher towards $3.08 then $3.13 with extension to $3.20.

Another positive note to take note is that higher oil price may also boost their revenue for waste to energy business.

NAV of $3.58. May be Final dividend of 6 cents for the coming 4th quarter result announcement.
P/B of 0.81x of which I think is still quite a good price.

( trade base on your own decision)

Hyflux

Hyflux - 16th Dec 2016


Hyflux has a very nice thrust bar for the past two days. The white thrust bar is accompanied with high volume which is rather positive/bullish.



From TA point of view it is a strong reversal rebound.Looks like it may likely continue to head higher.

Both Macd and Rsi are rising which may provide further indication for the share price to head higher.

Short term wise, I think it will likely conquer 54.5 cents and head higher towards 60 then 65.5 cents.
Hope you all huat !

today news - quote :
http://www.todayonline.com/singapore/singapore-malaysia-boost-fresh-water-yield-johor-river



(Trade base on your own decision)





Saturday, December 10, 2016

SembCorp Ind

SembCorp Ind - 9th Dec 2016

SembCorp Ind looks rather positive from TA point of view.
Last Friday it had manged to cross above the formation of a Bull Flag pattern and closed well at $2.91.



Both Macd & Rsi are still rising and may likely see further upwards movement.

Short term wise, I think it may move up to test $2.95. Breaking out of $2.95 with high volume that may likely drive the share price higher towards 3.00 then 3.08.

( trade base on your own decision)

Wednesday, December 7, 2016

Genting & Ocbc

Genting & Ocbc  - 7th Dec 2016

1. Genting Sp - has a very nice breaking out of the $1.00 mark with good volume this is rather impressive breakthrough.

With both Macd & Rsi still rising, short term wise , I think it may likely move up to test 1.065 then 1.115.
( trade base on your own decision)

2. Ocbc - has a nice breaking out of 9.19 and closed higher at 9.30 on 7th Dec.

This is rather positive.


Short term wise, I think it may head higher to test 9.40 then 9.50.


( trade base on your own decision)




Saturday, December 3, 2016

OCBC

OCBC -2nd Dec 2016

OCBC had a very nice run up again from the low of 8.33 on 9th Nov 2016 and stage a strong recovery and head higher to touch 9.19 on 30th Nov 2016. This is rather positive.


Both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

The current price of 9.15 is staying above the SMA lines which is generally quite positive/healthy.

Short term wise, I think it may likely re-conquer 9.19 and head higher toward 9.30 then 9.41 with extension to 9.50.

( trade base on your own decision)

M1

M1 - 2nd Dec 2016

M1 is still looking rather weak/bearish from TA point of view.
Looks like it may likely go down to visit 1.94. Breaking down of 1.94 with high volume, that may see further selling down pressure towards 1.90.


If 1.90 support level cannot hold then most likely it may go further down towards 1.80.

One consolation point to take note is that Both Macd & Rsi are showing sign of a positive divergence which may likely see the share price moving up higher from the current price of 1.975.

In order for it to reverse this downtrend it might need to cross over 2.07 with great volume and buying interest.

Short term wise, I think it is still rather bearish and may likely consolidate further unless it can cross over 2.07 with good momentum .
( trade base on  your own decision)

Friday, November 25, 2016

YZJ ShpgBldg

YZJ ShpgBldg - 25 Nov 2016

From TA point of view it had a very nice breaking out at 82 cents last Friday  and closed higher at 86 cents. Couple with high volume this is generally rather positive.

This uptrend mode is likely to continue to trend higher.

Short term wise, I think it may move up to test 90 cents . Crossing over of 90 cents with good volume that may propel to drive the share price higher to 95 cents then $1.00.
( trade base on your own decision)

Cosco

Cosco - 25th Nov 2016

Cosco after touching the low of 24 cents on 3rd Nov 2016 it had since managed to stage a strong recovery and closed well at 28.5 cents on 25th Nov 2016. Couple with high volume , this is rather positive.



From the chart we can notice that it had managed to clear the major overhead resistance at 28 cents and closed higher at 28.5 cents. This is a kind of confirmation that may provide further indication of the driving force to push the share price higher .

Also both Macd & Rsi are rising which may likely indicating that the share price may continue to head higher.

Short term wise, I think it may move up to test 30 cents.
Breaking out of 30 cents with good volume that may see it goes higher toward 32 cents then 34 cents with further extension to 36 cents.
( trade base on your own decision)

SingPost

SingPost - 25th Nov 2016

SingPost after touching the support at 1.425 on 21st Nov 2016 it had managed to bounce off and head higher to close higher at 1.48 on 25th Nov 2016. This is quite positive.



From the chart we can notice there were two consecutive white candlesticks that is closing higher than the black candlestick on 21st Nov 2016 which is rather positive . It is kind of a confirmation of trend reversal that may signal the end of the down turn.

Both Macd & Rsi are showing sign of a positive divergence which may provide further indication that the share price may continue to head higher.

Short term wise, I think it may likely move up to test 1.50 then 1.55. Breaking out of  1.55 with good volume it may propel to drive the share price higher towards 1.65 then 1.70.
( trade base on your own decision)






Tuesday, November 22, 2016

Golden Agri

Golden Agri - 22nd Nov 2016

Golden Agri after touching the low of 36.5 cents on 7th Nov 2016 it has managed to stage a strong recovery and head higher to touch 41.5 cents on 22nd Nov 2016. This is generally quite positive.



Today it had managed to cross over 40 cents/40.5 cents and closed higher at 41 cents + couple with high volume, this is rather bullish/positive.

The current price is staying above the SMA lines and also both Macd & Rsi are still rising which may provide further indication that the share price may continue to head higher.

Short term wise, I think it may head higher to test 44 cents. Breaking out of 44 cents with high volume it may propel to drive the share price higher towards 47/50 cents.

(trade base on your own decision)

Saturday, November 19, 2016

OCBC

OCBC - 18th Nov 2016

OCBC after touching the support level at $8.33 on 9th Nov 2016, it has since stage a strong recovery and head higher to touch 8.88 on 18th Nov 2016. This is generally positive.



Both Macd & Rsi are rising and may likely provide further indication that the share price may continue to trend higher.

The immediate resistance is at 9.02. It will be good to see if this can be taken over.
Failure to breakout decisively, may see it retrace lower from here.

Short term wise, I think it will likely move up to test 9.02. Breaking out of 9.02 with ease + good volume that may propel to drive the share price higher towards 9.45.
( trade base on your own decision)

Old Chang Kee

Old Chang Kee -18th Nov 2016

Old Chang Kee seems to be driven into a overbought situation from TA point of view.
After touching the low of 68 cents on 23rd Aug 2016 it had since stage a strong recovery and head higher to touch All-Time-High of 82.5 cents on 18th Nov 2016.


Personally, I view this as over-extended. It may soon retrace/retreat to a lower price.

Half year EPS of 2.05 cents , assuming a Full year EPS of 4.1 cents , implying a PE of about 20 times. Dividend of 3 cents which is about 3.6% yield base on 82 cents last Friday closing price.
Nav of 26 cents.p/b 3.15 .

I think a more realistic Target price is about PE 18 times - 73.5 cents supported by the dividend yield of 4% ( 3 cents dividend).
I think it will be a good time to lock in profit.
( trade base on your own decision)







Friday, November 18, 2016

Genting Sp

Genting Sp - 18th Nov 2016

Genting Sp has a very impressive breaking out on 18th Nov 2016 and closed well at 93.5 cents.
Couple with high volume, this is extremely positive.


Both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely move up to test 95.5 cents then 97 cents.
Breaking out of 97 cents with good volume it may propel to drive the share price higher towards $1.025.
( trade base on your own decision)


NeraTel

NeraTel - 18th Nov 2016

NeraTel from TA point of view it has gone into a super oversold territories.


From a high of 78.5 cents on 3rd Oct 2016 it has since drifted lower to touch 41.5 cents on 17th Nov 2016. Even if you have factored in the special dividend of 15 cents, which is still quite a drastic drop of 33.5 cents ( from 78.5 cents to 42 cents).

Both Macd & Rsi are also pointing to a oversold territories.
The selling volume has also slowed now.

Short  term wise, I think it may likely see a Technical rebound to be happen any moment.
The first resistance level will be at 49 cents . Second resistance level will be at 52 cents.

(trade base on your own decision)

The Group’s business comprises two main business segments, namely Telecommunications and Info-communications.

 In the first nine months of 2016, the Group secured approximately $136.6 million in order in-take, an increase of 8.9% compared to the corresponding period in 2015 of $125.4 million.

Financial Position

Borrowings As of 30 Sep 2016, long term and short term loans were $10.1m and $2.5m respectively.

• Warranty provision, approximately $2.3m

• Cash position of $74.1m as of 30 September 2016 For Q3 2016, the net cashflow from operating activities was negative $5.1 million due to the high working capital requirement. For first nine months of 2016, the Group generated positive cashflow from operating activities of $0.7 milion. There was a significant increase in net cashflows from investing activities due to the receipt of the net proceeds from the sale of the PS business. Part of the proceeds were used to repay bank loans

Revenue in 3Q FY16 increased 20.4% ($5.7m) y-o-y from $28.1m to $33.8m

‒ Telecom - increased 1.7% ($0.2m) y-o-y from $13.1m to $13.3m

‒ Network Infrastructure - increased 36.6% ($5.5m) y-o-y from $15.0m to $20.5m

9 Months FY16: Revenue in 9M FY16 increased 20.8% ($19.9m) y-o-y from $95.4m to $115.3m

‒ Telecom - increased 13.4% ($5.2m) y-o-y from $38.7m to $43.9m

‒ Network Infrastructure - increased 25.9% ($14.7m) y-o-y from $56.7m to $71.4m

On a YOY comparison, gross profit for Q3 2016 declined 29.2% from $9.0 million to $6.4 million.

Compared to nine months of 2015, gross profit for nine months of 2016 also declined by 7.2% from $32.0 million to $29.7 million.

• the continued devaluation of Nigerian Naira against the US dollar. During Q3 2016, Nigerian Naira depreciated by a further 13% compared to the end of Q2 2016, resulting in a total depreciation of 59% from the start of devaluation on 20 June 2016. This resulted in a loss of $1.2 million for a project in Nigeria as the equipment costs denominated in US dollar were higher in Nigerian Naira as a result of the devaluation, as compared to a profit of $0.3 million if the Nigerian Naira had not depreciated in value. Excluding this loss resulting from the Nigeria Naira devalution, the gross profit would have been $7.8 million (23.2%) for the quarter and $31.2 million (27.0%) for nine months of 2016.

• There were also higher equipment sales and lower writeback from project closures for nine months of 2016.

Friday, November 11, 2016

KrisEnergy

KrisEnergy - 11th Nov 2016

KrisEnergy after touching the low of 13.8 cents on 3rd Nov 2016, it had managed to stage a strong rebound and head higher to touch 19.4 cents on 8th Nov 2016. Couple with high volume, this is generally quite positive.



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

Short term wise, I think it may move up to test 19.4 cents then 20 cents.
Breaking out of 20 cents with ease + high volume that may likely propel to drive the share price higher towards 27 cents and above.
( trade base on your own decision)

Sunpower

Sunpower - 11th Nov 2016

Sunpower after touching the low of 34 cents on 15th Sept 2016, it had managed to rise higher and conquer the major overhead resistance at 42.5 cents and closed well at 46.5 cents on 8th Nov 2016.
Couple with high volume, this is rather positive.



The price had managed to follow through the next trading session and touch the high of 49.5 cents on 9th Nov 2016.This is generally quite healthy/bullish.

The current price of 47.5 cent is staying above the SMA lines which may likely provide further indication that the share price may continue to rise higher.

Short term wise, I think it may move up to test 49.5 cents. Crossing over of 49.5 cents with ease + high volume that may propel to drive the share price higher towards 55 cents with extension to 60 cents.
( trade base on your own decision).

Noble

Noble - 11th Nov 2016

Noble after touching the low of 11.2 cents on 2nd Sept 2016 , it had managed to stage a strong recovery and head higher to touch 21 cents on 10th Oct 2016.This is generally rather bullish.



It had since retreated lower to touch 16 cents on 2nd Nov 2016 after hitting the high of 21 cents. Currently, it has again risen from the low of 16 cents and closed well at 19.5 cents on 11th Nov 2016.

Both the Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

The current price of 19.5 cents is staying above the SMA lines which is rather healthy/positive.

Short term wise, I think it may likely move up to test 20.5 cents /21 cents. Breaking out of 21 cents convincingly that may propel to drive the share price higher to 25.5 cents then 29 cents.

( trade base on your own decision)

Sunday, November 6, 2016

Vard

vard - 7th Nov 2016

Looks like it is touching the resistance level at 21.5 cents. If it is unable to conquer 21.5 cents convincingly then it may likely fall back to 19.6 cents then 19 cents.
Breaking down of 19 cents may go further down towards 18 cents.
(Trade base on yr own decision)

Saturday, November 5, 2016

Geo Energy

Geo Energy - 4th Nov 2016

Geo Energy after touching the low of 9 cents on 3rd Aug 2016 it had since stage a strong recovery to head higher to clear the overhead resistance at 14.1 cents being attained on 15th July 2016. This is generally rather bullish.


Both Macd & Rsi are still rising upwards which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely conquer the recent high of 22.5 cents being set on 2nd Nov 2016. Breaking out of 22.5 cents with high volume this may propel to drive the share price higher towards 25 cents then 30 cents with extension to 35 cents.

(trade base on your own decision)

Capitaland

Capitaland  - 4th Nov 2016

Capitaland  after hitting the high of $3.28 on 10th Aug 2016 it had since retreated and gone lower to touch $3.03 on 4th Nov 2016. This is rather bearish.



It has broken down the major support level at $3.06 which may likely see further selling down pressure. The fact that it has broken down of $3.06 and closed lower at $3.04 this signify further weakness for the price.

Both Macd & Rsi are pointing downwards which may be a tell tale sign the the share price may likley continue to trend lower.

Short term wise. I think it may go down to test $3.00. Breaking down of $3.00 with high volume that may drive the share price lower towards $2.95 then $2.85.

EPS of 11.4 cents base on half year result. NAV of $3.95, P/B of 0.78x. Cash & Equivalents about $3.92B. I think fair value appearing if price fallen below $3.00. Good opportunity present if price further weaken towards $2.85.

3rd quarter result will be out on 9th Nov 2016.

(trade base on your own decision)

Sunday, October 30, 2016

Yuuzoo

Yuuzoo - 28th Oct 2016

Yuuzoo after touching the low of 12.9 cents on 3rd Aug 2016 , it had managed to head higher and closed well at 18.1 cents on 28th Oct 2016. Couple with super high volume this is rather bullish.



Another positive point to take note is that it is able to conquer the strong resistance level at 17.8 cents and closed higher at 18.1 cents. This is rather positive.

Both Macd & Rsi are also rising in tandem together with this bullishness.

Short term wise, I think it may likely move up to test the next resistance level at 20/21 cents.Breaking out of 21 cents with good volume, that may propel to drive the share price higher towards 24.5 cents.

This is a ultra penny stock counter and it is always good to trade with extra cautious.
Always remember to set your stop loss price.

(trade base on your own decision)


GSH

GSH- 28th Oct 2016

GSH had a very impressive run after touching the low of 30 cents on 13th Sept 2016 and it had managed to stage a strong recovery and head higher to touch 45.5 cents on 27th Oct 2016. Couple with super high volume this is rather bullish/positive.


The first breaking out was the confirmation move for it to cross over 35 cents on 24th Oct 2016 and it had managed to follow-through for the next few trading session and touches the high of 45.5 cents on 27th Oct 2016.

Both Macd & Rsi are also showing this positiveness with both the indicators heading higher.

Short term wise, I think it may likely move up to take out the recent high of 45.5 cents and head higher towards 50 cents. Breaking out of 50 cents may see further upwards move towards 55 cents then 60 cents.
(trade base on your own decision)

Saturday, October 29, 2016

Japfa

Japfa -28th Oct 2016 

Japfa after hitting the high of 89 cents on 7th July 2016 it had since retreated and gone into neutral mode. 
Last Friday it had a sudden Gap Up couple with super high volume and closed well at 83.5 cents.
This is generally rather positive.


Both Macd & Rsi are showing sign of a positive divergence which may likely provide further indication that the share price may continue to head higher.

Short term wise, I think it may move up to test 86 cents. Breaking out of 86 cents may see it prices rises further to 89/90 cents. Breaking out of 90 cents with good volume that may likely propel to drive the share price higher towards $1.00.
(trade base on your own decision)

Cityneon

Cityneon - 28th Oct 2016

Cityneon after hitting the low of 87.5 cents on 19th Sept 2016 it had managed to stage a strong recovery and went up to touch $1.115 on 27th Oct 2016. Couple with high volume, this is rather positive.


It had managed to clear the first major resistance at 99 cents followed-by 2nd major resistance at 1.06. This is super bullish.

The current price of $1.115 is staying above the SMA lines which is generally rather positive.

Also both Macd & Rsi are still rising which may provide further indication that theshare price may continue to trend higher.

Short term wise, I think it may move up to test 1.20. Breaking out of 1.20 with good volume that may propel to drive the share price higher towards 1.30.
(trade base on your own decision)

Sunday, October 23, 2016

M1

M1 - 21st Oct 2016

M1 looks rather bearish after broken the first support at $2.35 level.
On 20th Oct 2016 it had again broken the 2nd support level at $2.20.

The current price of $2.15 is staying below the SMA lines this is generally quite negative.

Also both Macd & Rsi are still pointing downwards which may likely remain bearish/negative .

Short term wise,I think it may go down to visit $2.10 then $2.00.Breaking down of $2.00 will be super bearish and may even see it share price heading lower towards $1.80.(trade base your own decision)

Saturday, October 22, 2016

SembCorp Ind

SembCorp Ind - 21st Oct 2016

SembCorp Ind seems to be holding up well after touching the low $2.51 on 26th Sept 2016. It had manage to stage a slow recovery and closed higher at $2.58 on 21st Oct 2016.



Both Macd & Rsi are showing sign of a positive divergence which may likely provide further indication that the share price may continue to trend higher.

I think oil price has more or less stabilize between $50 - $55 level and it may move higher towards $60.

I think first confirmation signal to watch out is for its price to cross over $2.60 that will propel to drive the share price higher towards $2.66 then $2.76.
(trade base on your own decision)

Sunday, October 16, 2016

Innovalues

Innovalues 14th Oct 2016

Innovalues on 7th Oct 2016 had a very nice gap up and closed well at 87.5 cents. Couple with high volume this is rather positive.



On 13th Oct 2016 we had again witnessed another nice breaking out of 93 cents and closed high at 94.5 cents. The volume was also quite high this is generally quite positive.

Both Macd & Rsi are still rising which may likely provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely continue to trend higher to re-test 99 cents. Breaking out of 99 cents with good volume that may likely drive the share price higher towards $1.03 then $1.105.
(trade base on your own decision)

SingMedical

SingMedical - 14th Oct 2016

SingMedical has a very nice breaking out of 35 cents on 6th Oct 201 and closed well at 36.5 cents couple with high volume this is rather positive.



On 12th Oct 2016 we had again witnessed a very nice white thrust bar and closed well at 48.5 cents.
This is rather healthy/bullish.

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

Short term wise, i think it may likely move up to re-test the recent high of 50 cents. Crossing over of 50 cents with ease that may propel to drive the share price higher towards 55 cents then 60 cents with extension to 65 cents.
(trade base on your own decision)




Tuesday, October 11, 2016

SingTel

SingTel - 12th Oct 2016

SingTel is again visiting the support level at $3.87. Looks like it may see some reaction of the price movement.

A technical rebound may happen any moment.I think the price may move up to test $3.90 then $4 with extension to $4.06.
Stop loss if price goes below $3.80.

(Trade base on your own decision)

Saturday, October 8, 2016

Noble

Noble - 7th Oct 2016

Noble had a very nice breaking out of 16.1 cents on 4th Oct 2016 and closed well at 17 cents. Couple with high volume, this signify the buying was well supported with genuine buying interest that is generally rather bullish.



This bullish momentum was also being witnessed with the next 3 days trending higher and touched new high at 19.9 cents before profit taking setting in and closed well at 19.2 cents.

A very nice Uptrend mode chart pattern has been reflected on the chart. The current price is staying above the SMA lines which is generally quite positive.

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

Short term wise, I think it may likely move up to test 20.5 cents. Breaking out of 20.5 cents with good volume that may propel to drive the share price higher towards 25 cents then 29 cents.
(trade base on your own decision)

ChiwayLand Intl

ChiwayLand Intl  - 7th Oct 2016

ChiwayLand Intl had a very nice breaking out of 14.8 cents on 6th Oct 2016 and closed well at 16 cents. The volume was also very high this is generally quite bullish.



The next day it had managed to follow-through and closed well at 16.6 cents.

This is rather positive.

The current price is staying above the SMA lines which is generally quite healthy/positive.

Also both Macd & Rsi are still heading higher which may likely provide further indication that the share price may continue to trend higher.

Short term wise, I think it may move up to test 18 cents then 19 cents with extension to 20 cents and above. If it can crossed over 20 cents with ease that may likely see the price moving up to re-visit 30 cents.
( trade base on your own decision)


HMI

HMI - 7th Oct 2016

HMI had a very nice breaking out of 52 cents on 9th Sept 2016 and closed well at 53 cents. Couple with high volume, this is rather bullish.


A second breakout out has occurred at 60.5 cents on 6th Oct 2016 and closed well at 62 cents.
This is generally very positive. A beautiful Uptrend mode has been witnessed on the current price patterns/ chart.

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

Short term wise, I think it may likely move up to re-test the recent high of 63 cents.Crossing over of 63 cents with ease, this may likely take the price higher towards 65 cents then 70 cents with extension to 80 cents and above.
( trade base on your own decision)

Saturday, October 1, 2016

Alliance Mineral

Alliance Mineral - 30th Sept 2016

Alliance Mineral - had a very impressive run-up from the low of 0.057 to a high of 12.8 cents on 30th Sept 2016. Couple with high volume, this is rather bullish.



The current price of 12 cents is hovering above the SMA lines which is generally quite positive.

Also both Macd & Rsi are still rising this is generally quite positive.

Short term wise, I think it may likely head higher to test 13 cents. Breaking out of 13 cents with good volume that may propel to drive the share price higher towards 14 cents then 15 cents with extension to 16.2 cents.
(trade base on your own decision)

NEW Silkroutes

NEW Silkroutes - 30th Sept 2016

NEW Silkroutes had managed to conquer the overhead resistance at 65 cents and closed well at 67.5 cents on 28th Sept 2016. Couple with high volume , this is generally very positive.



The current price of 67 cents is staying above the SMA lines which is in my opinion is rather healthy/bullish.

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

Short term wise, I think it may likely continue to trend higher to test 70 cents. Breaking out of 70 cents with ease that may propel to drive the share price higher towards 80 cents then 90 cents.
(trade base on your own decision)

Monday, September 26, 2016

Keppel T&T

Keppel T&T - 26th Sept 2016

Keppel T&T had a very impressive breaking out of $1.74 on 21st Sept 2016 and closed well at 1.795 couple with high volume this is rather bullish.

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



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

Short term wise, I think it may likely move up to re-test 1.82. Breaking out of 1.82 with good volume that may propel to drive the share price higher towards 1.90 with extension to 2.00.
(trade base on your own decision)

Tuesday, September 20, 2016

SATS

SATS - 20th Sept 2016

SATS had a very nice breakout today at $4.97 and closed well at 5.09 couple with high volume this is very positive.


Both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

The current price had a very nice run-away Gap up + closed well this is generally rather bullish/positive. The price is also staying above the SMA lines of which may likely continue to drive the share price higher.

Short term wise, I think it may like continue to trend higher towards 5.15 then 5.20 with extension to 5.25/5.30.
(Trade base on your own decision)

Wednesday, September 7, 2016

NOBLE

NOBLE - 7th Sept 2016 NOBLE after touching the low of 11.2 cents on 2nd Sept 2016 it had since managed to stage a strong recovery to hit 14.4 cents today. Couple with high volume, this is generally quite positive.



The current price is hovering about the SMA lines which is generally quite healthy/positive.
 Also both Macd & Rsi are rising which may provide further indication that the share price may continue to trend higher.


Short term wise, I think it may move up to test 15 cents. Breaking out of 15 cents with ease that may propel to drive the share price higher towards 16.cents then 18 cents with extension to 20 cents. (trade base on your own decision)

Sunday, September 4, 2016

YZJ ShipBldg

YZJ ShipBldg - 3rd Sept 2016

YZJ ShipBldg from TA point of view is rather bearish.
It has been on a downtrend mode from the high of $1.20+ to a low of 72 cents on 2nd Sept 2016. This is generally quite negative.

Last Friday it has broken down the support level at 75 cents and closed lower at 72 cents This may likely provide further indication that the share price may continue to trend lower.

Also both Macd & Rsi are still trending lower . Short term wise, I think it may go down to re-test 70 cents. Breaking down of 70 cents with high volume that may  drive the share price to go further South towards 65 cents then 60 cents.
(trade base on your own decision)


Friday, September 2, 2016

Super Group

Super Group - 3rd sept 2016

SUPER REPORTS PATMI OF S$9.8M ON A REVENUE OF S$115.0M FOR 2Q16

 2Q16 EBITDA margin improved to 16.9% (2Q15: 16.4%), underlining the Group’s resilient income generating capability
 Strong operating cash flows and financial position with net cash increasing 21% to S$116.5m (31 December 2015: S$96.6m)
 Declares interim dividend of 1.0 SG cent (1H15:1.0 SG cent) per share

On a brighter note, we are glad that despite such headwinds and challenging market conditions, our business remains profitable and cash generative. We posted higher BC sales in key markets of Thailand, China, Singapore and the Philippines while FI registered sales growth in China and made in-roads into new markets such as Europe and Middle East. Furthermore, the Group’s healthy financial position with net cash of S$116.5m places us in a strong position to weather current headwinds. In the period under review, we launched ESSENSOTM in Singapore, Malaysia and Thailand for our Branded Consumer (“BC”) business while our Food Ingredients (“FI”) footprint diversified and expanded into new markets. The long term prospects of the Group are stronger as we focus on executing our growth strategy of building brands and developing innovative product amidst a very difficult operating environment.”

Despite the lower PATMI, EBITDA margin improved to 16.9% (2Q15:16.4%) demonstrating that the Group’s income generating capability remained resilient.

Despite the lower profit achieved in the current quarter, net cash from operating activities grew 3% YoY to S$19.5m while net cash balance jumped 21% to S$116.5m (31 December 2015: S$96.6m). The improvement in operating cash flows reflects the Group’s cash generative business model. Consequently, the Group’s cash and bank balances rose to S$144.3m (31 December 2015: S$123.9m) as at 30 June 2016.

Business Outlook:

To streamline the Group’s operations, management is consolidating the Group’s non-dairy creamer (“NDC”) facilities (i.e. the Singapore plant and China Wuxi plant) to the China Wuxi NDC facility.

The consolidation exercise, targeted for completion by the end of the current year, will enhance the Group’s NDC production efficiency and lower operating costs.

In addition, Super FI (M) Sdn Bhd (a 100%-owned subsidiary) has been awarded the “Principal Hub” incentive by the Malaysian authority. Super houses most of the key ingredients manufacturing capabilities and R&D activities for Spray Dried Coffee, Freeze Dried Coffee and Botanical Herbal Extracts at the Group’s Malaysian facility. This facility is now one of the largest instant coffee plant in Southeast Asia with an annual capacity of about 20,000 metric tons. Under the Principal Hub scheme, income tax exemption is given for a period of 5 years with effect from FY2016. The incentive can be extended for another 5 years upon fulfilling certain conditions. Super FI (M) Sdn Bhd started operations in 2Q16

http://infopub.sgx.com/FileOpen/Super%20Group%202QFY2016%20Earnings%20Press%20Release.ashx?App=Announcement&FileID=416761

From TA point of view:


Super after touching the low of 75 cents on 2nd Aug 2016 it had since managed to trend higher to touch 81.5 cents on 1st sept 2016.Couple with high volume of 6.26m share changing hands. This is quite positive.


Both Macd & Rsi are showing sign of a positive divergence which may likely provide further indication that the share price may continue to head higher.

Short term wise, I think it may likely move up to re-test 82 cent.
Breaking out of 82 cents with ease that may likely drive the share price higher towards 84.5 then 90 cents.

Company has No/Zero debts, Net Cash per share is about 13 cents, dividend of about 2.8%, ROI is about 9+%. Strong cash flow.
Stripping off the Net Cash per share of 13 cents from current share price of 78.5 cents that will give us a rough guide line of the share price value at 65.5 cents.

Estimate EPS is about 4.1 cents. I think current price is presenting a good value.

Another plus point to take note is that recent Share buy back by company and also one of the Major shareholder that may be a positive indication about the company.

(trade base on your own decision)










Saturday, August 27, 2016

CNMC Goldmine

CNMC Goldmine 27th Aug 2016

CNMC Goldmine after hitting the high of 61 cents on 7th July 2016 it has since retreated lower to touch 36 cents on 22rnd July 2016. The price had managed to stage a strong recovery and head higher to close at 58 cents on 26th Aug 2016. The current price movement sentiment was being driven by good news of lease extension, large scale operations approval & the new acquisition .

The present price of 58 cents is staying above the SMA lines of which in my view is quite positive.



Both Macd & Rsi are still rising of which may likely provide further indication that the share price may continue to trend higher.

With overnight US interest rate stay unchanged , I think short term wise, it may likely resume this uptrend mode and move up to re-visit 61 cents. Breaking out of 61 cents with ease that may propel to drive the share price higher towards 65 cents then 70 cents and above.
(trade base on your own decision)

Metro

Metro - 27th Aug 2016

Metro after hitting the high of $1.11 on 25th May 2016 it had since drifted lower to touch 89.5 cents on 26th Aug 2016. This is rather bearish.

After it had gone ex.CD on 4th Aug 2016 for 7 cents dividend it has continued to trend lower.
Both MACD & RSI has been driven into oversold territories.



The current price of 89.5 cents is approaching the next support level at 87.5 cents.

Short term wise, I think it may likely bounce off and move up towards 90 cents then 93/96 cents.

I think good value is surfacing for a profitable company with Zero/no debts, Cash on hands of $479m, Net cash per share is about 57.5 cents (479m/828m shares), NAV $1.65, p/b of 0.54x,dividend of 5-7 cents per annum, eps about 8 cents(for conservative figure), PE is about 11x.

(trade base on your own decision)


some of their portfolio overview:


http://infopub.sgx.com/FileOpen/MHLFY2016ResultsPresentation.ashx?App=Announcement&FileID=406586

Retail Operations:


Thursday, August 25, 2016

ThaiBev

ThaiBev - 25th Aug 2016

ThaiBev after hitting the high of 1.06 on 2nd August 2016 it has since retreated and went down to touch 99 cents on 25th August 2016. This is quite bearish.



The current price of 99 cents is hovering below the 20SMA lines and looks like it may head lower to re-test 97 cents ( 50SMA) level.

Macd is also pointing downwards which may likely provide further indication that the share price may continue to trend lower.

Short term wise, I think it will head lower to re-visit 97 cents. Breaking down of 97 cents may see further selling down pressure and head lower towards 90 cents then 83 cents with extension to 80 cents.
( trade base on your own decision)