KepCorp

Keppel Corp - 29th Feb 2016

KepCorp seems to be forming a hammer pattern candle stick on the chart today. The closing price of $5.18 is hovering slightly above the 20SMA which is generally rather positive.

After a good run from the low of $4.64 on 18th Jan 2016 and a high of $5.37 on 18th Feb 2016 it has since managed to take a pause and is slowly gaining strength to move up to re-visit $5.37.

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

Breaking out of $5.37 with good volume that may propel to drive the share price higher towards $5.50 then $5.80 with extension to $6.15 & above.


The current oil price is staying above US$30 per barrel and most of the analyst has predicted that oil price has more or less hit the bottom and is slowly edging up.

With oil price going higher this will be indirectly benefit KepCorp which is serving the Oil & Gas Marine sector /Ship Building. This could help to bring the share price back to above $6.
(trade base on your own decision)

Suntec Reit

Suntec Reit - 28th Feb 2016

Suntec Reit had manged to bounce off from the low of $1.50 on 3rd Feb 2016 and continue to head higher to touch $1.68 on 19th Feb 2016. This is generally rather bullish.

The current price of $1.66 is hovering above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are still pointing upwards which may be a tell tale sign that the share price may continue to head higher.

A breaking out of $1.68 with good volume that may propel to drive the share price higher towards $1.71 with extension to $1.83.
(trade base on your own decision)

Raffles Medical

Raffles Medical - 26th Feb 2016

Raffles Medical had managed to bounce off from the low of $3.88 on 18th Jan 2016 and head higher to touch $4.40 on 24th Feb 2016. This is generally rather bullish.

The current price of $4.36 is hovering above both 14SMA & 25SMA lines which is generally rather healthy.

Also both MACD & RSI are still pointing upwards which may provide further indication that the share price may continue to head higher .

Breaking out of recent high of $4.40 with good volume that will be rather positive to drive the share price higher towards $4.74 with extension to $4.95.
(trade base on your own decision)

Sino Grandness

Sino Grandness - 26th Feb 2016

Sino Grandness had a nice run up after hitting the low of 29 cents and managed to trend higher to touch 46 cents on 23rd Feb 2016. This is generally rather bullish.

The current price of 43.5 cents is staying way above both 14SMA & 25SMA lines which is generally positive.

Also both MACD & RSI are still trending higher that may provide further catalyst that the share price may continue to head higher.

Breaking out of 46 cents with good volume that may propel to drive the share price higher towards 50 cents then 55 cents with extension to 65 cents.
(trade base on your own decision)

SingPost

SingPost - 25th Feb 2016

SingPost seems to have managed to bounced off from the low of $1.285 and continued to head hihger to touch $1.47 on 25th Feb 2016. This is generally rather positive.

The current price of $1.46 is staying above both 14SMA & 25SMA lines which is rather bullish.

MACD are still trending upwards which may provide further catalyst to drive the share price higher.
Although RSI indicator has been showing sign of a overbought situation.

SingPost seems to have held up well especially during this market selling down.

Short term wise it may continue to head higher towards $1.50. Breaking out of $1.50 may see it rises towards $1.60.

It will be good to lock in your profit since it has already entered into overbought territories.

(trade base on your own decision)

Super Group

Super Group - 1st March 2016

Super Group had a very impressive run after result was announced on 23rd 2016. It has managed to spring up very fast from the low of 73.5 cents to the high of 94.5 cents on 1st Mar 2016. All these is happing within a span of 5 trading days. It will definitely need to pause/retreat lower before gaining strength to set the next direction. If not, most likely it will not be able to move up too much from the current price of 94.5 cents. The immediate resistance is at 96 cents.

It will be good to lock in your profit.




Super Group - 24th Feb 2016

Super Group just announced his FY2015 result yesterday.
The result is quite inline with almost the same profit achieved last year - 2014.

Performance Summary for 4Q15 Robust income-generating capability

 Operating profit up 3% to S$21.2m despite lower sales revenue - Gross profit margin improved by 4 ppt to 39% - Reflects Group’s strong income-generating capability.

 Net profit (after tax and minority interests) stood at S$15.7m (4Q14:S$25.9m)
- Non-recurring gain of S$6.5m on disposal of a property in 4Q14
- Non-recurring gain of S$0.5m on liquidation of a joint-venture in 4Q14
- Higher effective tax rate (4Q15:25%, 4Q14:10%)

 Strong financial position - NAV per share at 46.80 SG cents – an increase of 5% - Cash flows from operating activities up 35% to S$34.4m - Cash and cash equivalents of S$123.9m

 Consistent dividend payout ratio - Paying out ≥50% of net profit as dividends on an annual basis since 2010

The result was a strong mandate judging from the up surge of price from 73.5 cents to close at 79.5 cents . Up 6 cents (8.16%). This is being viewed as a fantastic performance.

As indicated from the chart. It has a nice breakout at 77 cents and closed high at 79.5 cents with super high volume. This is generally rather bullish.

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 head higher to re-visit 87 cents with extension to 95 cents.
(trade base on your own decision)

ST Engineering

ST Engineering - 23rd Feb 2016

ST Engineering has a nice breakout of $2.83 price level and closed higher at $2.86. The volume is also quite high which is generally rather bullish.

The current price of $2.86 is staying above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are pointing upwards which may provide further indication that the share price may continue to head higher.

Short term wise it may continue to head higher to test $2.95 with extension to $3.05.

   Cash and cash equivalents including funds under management totalled

$1.4 billion.

 Advance payments from customers totalled $1.6 billion as of 3Q2015.

With such a strong and well established company that is capable of securing new contracts even in the midst of the not so rosy economy. Profitable and has been consistently paying out dividends of above 5% p.a.

This could well be considered for a good defensive play investment.

EPS is about 17 cents. Current price of $2.86 is about PE 16.8 times.

Perhaps a short term Target price of $3.30 (PE  19.4 times) is fairly achievable in time to come.

The company is due to report its 4Q2015/Full year result on 26th February 2016.

Hopefully we can expect the company to announce the Final dividend of 11 cents for Full Year 2015 result(same as 2014). Together with Interim dividend of 5 cents , the total dividend will be 16 cents that may be able to achieve a yield of above 5.5% base on current price of $2.86.

(trade base on your own decision)

Q&M Dental

Q&M Dental - 23rd Feb 2016

Q&M Dental after hitting the low of 63 cents on 11th Feb 2016 had been able to stage a strong rebounce to touch the high of 73 cents on 23rd Feb 2016. This is rather impressive and positive.

A very nice long white bar present on the chart today with a impressive breakthrough to cross over the major resistance at 70 cents.The volume is also quite high with 2.6 m of shares changing hands. This is generally rather bullish.

The current price of 71.5 cents is staying above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are still pointing upwards which may provide further indication that the share prices may continue to head higher.

Short term wise it will continue to trend higher to re-visit 80 cents. Breaking out of 80 cents with good volume that may propel to drive the share price higher towards 90 cents.
(trade base on your own decision)

SIA Engineering

SIA Engineering - 22nd Feb 2016

SIA Engineering seems to have bounced off from the low of $3.31 on 28th Jan 2016 and head higher to touch $3.61 on 16th Feb 2016. But was able to close well.

The current price of $3.46 is hovering slightly above both 14SMA & 25SMA lines which is quite positive.

Also both MACD & RSI are showing sign of a positive divergence that may provide indication that the share price may move up to re-visit $3.61.

Breaking out of $3.61 with good volume that may propel to drive the share price higher towards $3.70 with extension to $3.76.

(trade base on your own decision)

Best World

Best World - 22nd Feb 2016

Best World had a impressive run from the low of 27.5 cents on 21st Jan 2016 and head higher to touch 38.5 cents on 22nd Feb 2016. This is rather bullish.

The current price of 38 cents is staying above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are trending higher that may provide further indication that the share price may continue to head higher.

After this good thrust white Long bar with super high volume of 3.056m share changing hands , it will be good for it price to take a breadther/ retreat a little  before continue this uptrend mode.

Short term wise it may continue to head higher to test 42.5 cents with extension to 50 cents.
(trade base on your own decision)

Comfort Delgro

Comfort Delgro - 21st Feb 2016

Comfort Delgro had manged to bounce off from the low of $2.78 on 19th Jan 2016 and head higher to touch $3.02 on 16th feb 2016. This is generally rather bullish.

The current price of $2.95 is staying above both 14SMA & 25SMA lines which is rather positive and may provide further indication for the share price to head higher.

Also both MACD & RSI are still pointing upwards which is more likely to see the share price heading higher to test $3.12.

A first tale tell sign of confirmation will be the breaking out of recent high of $3.02 with good volume that will provide further catalyst for the share price to continue this uptrend mode.

(trade base on your own decision)

Venture (V03)

Venture - 21st Feb 2016

venture has been on a downtrend mode after hitting the high of $8.65 on the 20th Nov 2015 and continued to head lower to touch $7.65 on 18th Jan 2016.

It has managed to bounce off from the low of $7.65 and move up to test $8.04 on 5th Feb 2016 but was not able to hold up well and eventually has succumbed to the selling pressure and had again experiencing going lower to touch $7.74 on 12th Feb 2016. This is generally rather bearish.

The current price of $7.80 is hovering slightly below both 14SMA & 25SMA lines which is rather negative.

Also both MACD & RSI are showing sign of a negative divergence which may provide further indication that the share price may continue to head lower to re-test previous low of $7.65.

Breaking down of $7.65 may see it continue to head lower towards $7.60 with extension to $7.32.
(trade base on your own decision)

Noble Group

Noble Group - 19th feb 2016

Noble Group has managed to bounce off from the low of 28.5 cents from 18th Jan 2016 and continued to head higher to touch 37.5 cents on 18th Feb 2016. This is generally rather positive.

The current price is hovering above both 14SMA & 25SMA lines which is generally rather bullish.

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

Immediately resistance is at 40 cents . Breaking out of 40 cents is quite challenging as this is rather a strong wall that will require a strong driving force to break through.

If it is able to clear 40 cents level then it may continue to rise towards 48 cents.

(trade base on your own decision)

Keppel Corp

Keppel Corp - 19th Feb 2016

Keppel Corp had managed to reverse this downtrend after hitting the low of $4.64 on 18th Jan 2016 and continued to head higher to touch $5.37 on 18th Feb 2016. Thie is rather positive.

The current price of $5.34 is staying above both 14SMA & 25SMA which is generally rather bullish.

Also both MACD & RSI are trending higher that may provide further indication that the share price may continue to head higher towards $5.50 then $5.80 with extension to $6.15.

After the good run from $4.64 to $5.34 it seems to be over extended. It will be good for it to pause and retreat a little before gaining strength to move up further from here.

As the market is still more geared towards down side, it will be always good to lock in your profit .

(trade base on your own decision)

GMG Global

GMG Global - 18th Feb 2016

GMG Global - one of the few stock counter that is trending higher in the current context of Bearish stock market.
It had a good run from the low of 27 cents on 27th Jan 2016 and continue to head higher to touch 42.5 cents on 15th Feb 2016.

The current price of 40 cents is staying way above both 14SMA & 25SMA lines which is generally very positive.

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

Short term wise it may move up to test 42.5 cents. Breaking out of 42.5 cents with good volume that may propel to drive the share price higher towards 50 cents with extension to 55 cents.
(trade base on your own decision)

Wilmar Intl

Wilmar Intl - 18th Feb 2016

Wilmar Intl managed to bounce off from the low of $2.61 on 18th Jan 2016 and continue to trend higher to touch $3.14 on 16th Feb 2016.
This is rather impressive.

It has revered this downtrend and reversing into bullish trend.

The current price of $3.11 is staying above both 14SMA & 25SMA lines which is generally very 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 look for a re-visit to clear $3.14 and head higher towards $3.24 with extension to $3.50.
(trade base on your own decision)

SingPost

SingPost - 18th Feb 2016

SingPost had managed to bounce off from the low of $1.285 on 28th Jan 2016 and head higher to touch $1.445 on 18th Feb 2016. This is generally rather positive.

The current price of $1.425 is slightly above both 14SMA & 25SMA lines which is still not a clear indication that it has convincingly Reversal this downtrend.
It will need to see how it fare for the next few trading days in order to confirm the short term Uptrend mode.

On the positive side is that both MACD & RSI are turning upwards that may provide further strength that the share price may continue to head higher.

Generally long term is still on a down trend mode and any short term trade will be good to lock in your profit quickly.

Breaking out of $1.465 may see it prices head higher towards $1.50 with extension to $1.58.
(trade base on your own decision)

Sembcorp Industries

Sembcorp Industries - 17th Feb 2016

Sembcorp Industries is a leading energy, water and marine group operating across five

continents worldwide. With facilities of over 10,600 megawatts of gross power capacity and

close to nine million cubic metres of water per day in operation and under development.

Sembcorp is a trusted provider of essential energy and water solutions to both industrial and municipal customers. It is also a world leader in marine and offshore engineering as well as an established brand name in urban development.

The Group has total assets of S$20 billion and employs over 7,000 employees. Listed on the main board of the Singapore Exchange, it is a component stock of the Straits Times Index and several MSCI and FTSE indices.

Summary of Sembcorp’s FY2015 Financial Results reported on 17th February 2016

Turnover at S$9.5 billion, down 12%

Profit from Operations at S$631.5million, down 51%

Net Profit at S$548.9 million, down 32%

EPS at 29.2 cents

ROE at 9.4%

Proposing final dividend of 6.0 cents per share, bringing total dividends for FY2015 to 11.0

cents per share. 5 cents lesser than FY2014.

FY2016 Outlook

The global downturn in the oil and gas sector and competition in the Singapore power market is expected to continue in 2016. With sound strategies and strong capabilities, the Group is committed to creating and delivering long-term value and growth.

Currently , Sembcorp Industries is trading at $2.53 which is about PE 8.66 times. Price is fairly on the high side as compare to Keppel Corp of PE 6.19 times ( EPS $0.84) at $5.20.

Dividend of 11 cents which translate to a yield of 4+% seems fairly decent.

From TA point of view it is on a Reversal trend as the current price of $2.53 is hovering above both 14SMA & 25SMA lines which is generally quite positive.

Also both MACD & RSI are trending higher which may provide further indication that the share price may continue to head higher.

Breaking out of $2.65 with good volume that may propel to drive the share price higher towards $2.90.
Short term TP of $2.90 which is pegged at PE 9.9 times seem quite possible.

(trade base on your own decision)

ST Engr

ST Engineering - 16th Feb 2016

ST Engineering(Singapore Technologies Engineering Ltd) is an integrated engineering group providing solutions and services in the 

aerospace, electronics, land systems and marine sectors. 

Headquartered in Singapore, the Group reported revenue of $6.54b in

FY2014 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index and MSCI Singapore. ST Engineering has about 23,000 employees worldwide, and over 100 subsidiaries and associated companies in 46 cities across 24 countries. Please visit www.stengg.com for more information.

9M2015 versus 9M2014

Group revenue for 9M2015 was $4.56b compared to $4.69b for the same nine-month period last year. 

Group PBT and Net Profit were comparable at $463.7m and $388.2m

respectively against the same nine-month period last year.

For the nine-month period, Aerospace and Land Systems sectors posted comparable year-on-year revenue of $1.51b and $982.5m respectively, and comparable year-on-year PBT of $205.3m and $52.3m respectively

. The Electronics sector’s revenue of $1.20b was 9% higher compared to $1.10b in the same nine-month period a year ago,and its PBT was comparable at $130.8m over the same period last year. Year-on-year

Revenue and PBT for the Marine sector dropped 27% and 22% respectively to $738.1m and $68.9m respectively for the nine-month period.

“For the third quarter as well as the first nine months of 2015, the Group reported year-on-year comparable Revenue and PBT.

The Group continues to face challenges with our Aerospace sector's Maintenance,Repair and Overhaul business experiencing prolonged softness in activities. Shipbuilding performance remains weak both locally and in the US, but the diversity of our businesses and appreciation of the USD helped to cushion impact on the Group's performance.

Barring unforeseen circumstances, the Group expects FY2015 Revenue to be

comparable, while PBT is expected to be lower than that of FY2014.” 

(http://infopub.sgx.com/FileOpen/ST%20Engineering-HL-PR-SGXNet-3Q2015.ashx?App=Announcement&FileID=376913)

Order Book and New contracts Announced in 3Q2015

The Group maintained a healthy order book of $12.2b at the end of 3Q2015. It expects to deliver about $1.4b of the order book in the remaining months of 2015.

For 3Q2015, the Group announced about $780m worth of contracts. Of these, $410m was from the Aerospace sector and $370m from the Electronics sector. 

New order secure after 3Q2015 of about $1.17B

Singapore, 4 January 2016 - Singapore Technologies Engineering Ltd (ST Engineering)

announced today that its marine arm, Singapore Technologies Marine Ltd (ST Marine) has

secured new orders worth about $344m for its Shiprepair and Engineering business groups

in the fourth quarter of 2015.The contracts cover major upgrades, conversion, maintenance and repair of vessels in the naval and commercial segments. These vessels include patrol vessels, pipe-laying vessel, accommodation & work barge, oil & chemical tankers, and

a cruise ship.The new orders also included logistics management services.

Singapore, 13 January 2016 – Singapore Technologies Engineering Ltd

(ST Engineering) announced today that its electronics arm, Singapore Technologies

Electronics Limited (ST Electronics) has secured about $435m worth of contracts in the

fourth quarter (4Q) of 2015 for Rail Electronics & Intelligent Transportation, Satellite &

Broadband Communications, as well as Advanced Electronics & Information

Communications Technologies (ICT) solutions.

Singapore, 19 January 2016 – Singapore Technologies Engineering Ltd

(ST Engineering) today announced that its aerospace arm has secured new contracts

worth $415m in the fourth quarter (4Q) of 2015, for projects ranging from airframe

maintenance and cabin interiors reconfiguration, to engine wash and landing gear overhaul.

ST Engineering is perhaps one of the defensive counter that is doing well in the current context of market volatility. The price is fluctuating between $2.68 to $3.05 for the past few months.

From TA point of view it is still rather bearish but it is gaining strength to move out from this bearish mode. 

Both MACD and RSI are showing sign of a positive divergence and hopefully this may provide further indication for the share price to head higher to cross over $2.81 in order to trend higher towards 2.90 with extension to 3.05.

   Cash and cash equivalents including funds under management totalled

$1.4 billion.

 Advance payments from customers totalled $1.6 billion as of 3Q2015.

With such a strong and well established company that is capable of securing new contracts even in the midst of the not so rosy economy. Profitable and has been consistently paying out dividends of above 5% p.a.

This could well be considered for a good defensive play investment.

EPS is about 17 cents. Current price of $2.74 is about PE 16.11 times.

Perhaps a short term Target price of $3.30 (PE  19.4 times) is fairly achievable in time to come.

The company is due to report its 4Q2015/Full year result on 26th February 2016.

Hopefully we can expect the company to announce the Final dividend of 11 cents for Full Year 2015 result(same as 2014). Together with Interim dividend of 5 cents , the total dividend will be 16 cents that may be able to achieve a yield of above 5% base on current price of $2.74.

(trade base on your own decision)