HongKong Land USD

Hong Kong Land - 31st May 2016

Hongkong Land Group Hongkong Land is a listed leading property investment, management and development group. Founded in 1889, Hongkong Land’s business is built on excellence, integrity and partnership. The Group owns and manages almost 800,000 sq. m. of prime office and luxury retail property in key Asian cities, principally in Hong Kong and Singapore. Hongkong Land’s properties attract the world’s foremost companies and luxury brands. Its Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. It has a further 165,000 sq. m. of prestigious office space in Singapore mainly held through joint ventures, and a 50% interest in a leading office complex in Central Jakarta. The Group also has a number of high quality residential and mixed-use projects under development in cities across Greater China and Southeast Asia, including a luxury retail centre at Wangfujing in Beijing. In Singapore, its subsidiary,

MCL Land, is a well-established residential developer. Hongkong Land Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore. The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.


RELATED PARTY TRANSACTIONS :

The parent company of the Group is Jardine Strategic Holdings Limited and the ultimate holding company is Jardine Matheson Holdings Limited (‘JMH’).

 Both companies are incorporated in Bermuda. In the normal course of business, the Group has entered into a variety of transactions with the subsidiaries, associates and joint ventures of JMH (‘Jardine Matheson group members’). The more significant of these transactions are described below: Management fee The management fee payable by the Group, under an agreement entered into in 1995, to Jardine Matheson Limited (‘JML’) in 2015 was US$4.5 million (2014: US$4.7 million), being 0.5% per annum of the Group’s underlying profit in consideration for management consultancy services provided by JML, a wholly-owned subsidiary of JMH. Property and other services

The Group rented properties to Jardine Matheson group members. Gross rents on such properties in 2015 amounted to US$19.1 million (2014: US$19.0 million).

 The Group provided consultancy services to Jardine Matheson group members in 2015 amounting to US$0.4 million (2014: US$0.4 million). Jardine Matheson group members provided property construction, maintenance and other services to the Group in 2015 in aggregate amounting to US$50.7 million (2014: US$30.6 million). Hotel management services Jardine Matheson group members provided hotel management services to the Group in 2015 amounted to US$2.8 million (2014: US$3.2 million). Outstanding balances with associates and joint ventures Amounts of outstanding balances with associates and joint ventures are included in debtors and creditors as appropriate. The amounts are not material.

Highlights
 Sound result in 2015
 Continued strong performance from commercial portfolio
 Entry into Shanghai with prime mixed-use site
 Stable asset values

PERFORMANCE Underlying profit attributable to shareholders was US$905 million, a 3% decrease from 2014. Taking into account the net non-trading gains of US$1,107 million recorded principally on property valuations of the Group’s investment properties, the profit attributable to shareholders for the year was US$2,012 million. This compares to US$1,327 million in 2014, which included net valuation gains of US$397 million.

The net asset value per share at 31st December 2015 was US$12.19, compared with US$11.71 at the end of 2014.

The Directors are recommending a final dividend of US¢13.00 per share, providing a total dividend for the year of US¢19.00 per share, unchanged from the previous year

EPS of about 85.50 cents.

Current price of US$6.04  is about almost 50% of the NAV of US$12.19 .

PE of about 7.06 times.

I think it will be quite a good price to consider to accumulate if the price goes below $5.90 that may present a good long term value investment ...

(trade base on your own decision)

Capitaland

Capitaland after hitting the high of 3.15 on 28th April 2016 it had since drifted lower to touch 2.93 on 24th May 2016. This is rather bearish.

It is now in a consolidated /neutral position as indicated on the chart.

Macd is showing sign of a positive divergence which may provide further indication that the share price may perform a technical rebounce soon.

Also RSI is pointing upwards which may likely confirm that a technical rebounce is imminent.

If it is able to move up and cross over 3.03 with ease + high volume that may likely confirm this technical rebounce and a possibility of reversing this down trend .

Breaking out of 3.03 would be a good indication that the share price may likely to continue to trend higher towards 3.13 then 3.20 and above.
(trade base on your own decision)

Wilmar Intl

Wilmar Intl after hitting the high of 3.75 on 29th April 2016 it had since gone down to trend lower to touch 3.19 on 16th May 2016. This is rather bearish.

The current price of 3.27 is hovering below the SMA lines which is generally quite negative.

Also both Macd & Rsi are still pointing downwards which may be a tell tale sign that the share price may continue to trend lower.

Especially today gap up this morning at $3.34 but closed weaker at 3.27. This show that the share price is generally rather weak.

Short term wise it may go down to re-visit the recent low of 3.19. Breaking down of 3.19 may smell further selling down pressure.The next support level will be $3.00 then 2.90 with extension to 2.77 if 3.19 is being taken down.


(trade base on your own decision)

Noble Group

Noble Group - after hitting the high of 49.5 cents on 23rd March 2016 it had since drifted lower to touch 31 cents on 20th May 2016. This is rather bearish.

The current price of 31 cents is getting closer to the major support level at 27 cents. Also current price is trading at a substantial discount of more than 50 % against the NAV of $0.70.

Also Both Macd & Rsi are being driven into oversold territories. High chance that a technical rebound is imminent .

Short term wise it may slowly gain strength and move up to re-test 36 cents. Crossing over of 36 cents with good volume that may drive the share price higher towards 40 cents then 44 cents with extension to 49.5 cents.

In my opinion,good value has presented at the current price of 31 cents. Also I think the management is doing its best to steer the company out of this difficult time. More importantly, they are still in the Black./profitable.
(trade base on your own decision)


Net Asset Value of  about 70 cents per share.

Operating income from supply chains increased 80% from Q4 2015(1) , up US$111 million to US$250 million for Q1 2016, although this was down versus Q1 2015 as we prioritized liquidity ahead of the refinancing Net profit of US40m.

CEO Yusuf Alireza commented “The first quarter of 2016 has been about establishing a solid foundation for our operations going forward. We are pleased to announce the successful raising of the Revolving Credit Facility and the US Borrowing Base Facility, at approximately US$3.0 billion in total. These facilities address substantially all of our remaining 2016 debt maturities. In addition, our focus on improving commercial opportunities in early 2016, despite capital constraints on our businesses, has already generated positive results with all major segments making a positive contribution to operating profit from supply chains in Q1 2016.

” Mr. Alireza also added that “We are looking to 2016 as a year for rebuilding and repositioning and are now focused on generating sustained profitability across the portfolio against the background of the lower cost base that we have put in place - while continuing our initiatives to free up working capital, reduce debt and enhance our capital base.”

http://infopub.sgx.com/FileOpen/Q1%202016%20Media%20Release.ashx?App=Announcement&FileID=404300

Sembcorp Ind

Sembcorp Ind after touching the low of 2.60 on 16th May 2016 it had managed to stage a strong recovery /reversal and head higher to touch 2.81 on 20th May 2016. This is quite positive.

Also both MACD & RSI are showing a positive divergence which may be an indication that the share price may continue to head higher.

Short term wise it may move up to re-visit 2.90. Breaking out of 2.90 with good volume that may propel to drive the share price higher towards 3.00 then 3.10.
(trade base on your own decision)

Super Group

Super Group after hitting the high of 1.105 on 18th Mar 2016 it had since continued to trend lower to touch 85 cents on 19th May 2016. This is rather bearish.

The current price of 85.5 cents is staying below the SMA lines which is generally quite negative.
Also SMA linces has started to turn downwards which is a sign of further weakness.

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

Short term wise it may go down to re-visit 81 cents then 80 cents. Breaking down of 80 cents may see it goes further down towards 72 cents.

Current price of 85.5 cents is about PE 20 times ( EPS about 4.24 cents) which is still quite a high
price. Think at PE 18 times which is about 76 cents looks quite a reasonable price to consider for accumulating.

 (trade base on your own decision)

YZJ Shipping

YZJ Shipping after hitting the high of 1.04 on 15th April 2016 it had since continued to trend lower to touch 89 cents on 19th May 2016. This is rather bearish.

The current price is hovering below the SMA lines which is generally rather negative.

Also both Macd & Rsi are still pointing 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 86.5 cents . Breaking down of 86.5 cents may see it goes further down to 80 cents then 77 cents.

(trade base on your own decision)

Thai Bev

Thai Bev had a very impressive run away gap couple with high volume and closed high at 83 cents , this is rather impressive.

Looks like it may continue to trend higher after hitting all time high today at 83 cents.

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

Short term wise it may continue to trend higher towards 90 cents then 95 cents with extension to $1.00.
(Trade base on your own decision)

Boustead Singapore

Boustead Singapore  after hitting the high of 90 cents on 1st April 2016 it had since continued to trend lower to touch 0.735 on 13th May 2016. This is rather bearish.

The current price of 73.5 cents is staying below the SMA lines which is generally quite negative.

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

Short term wise it may go down to re-visit 71.5 cents  the previous low being tested on 29th Feb 2016.

Any price below 71.5 cents may present a good value /price to consider for accumulation.
EPS is about 6.1 cents. PE of about 12times (73.5 cents) .
Dividend of 3 cents per annum which translate to about 4.1 % (73.5 cents).

I think a PE of 15times=  90 cents (TP) may be achievable in 6 to 9 months time.

(trade base on your own decision)

Global Logistic

Global Logistic - 12th May 2016

Global Logistic after hitting the high of 1.99 on 19th April 2016 it had since continued to trend lower to touch 1.74 on 12th May. this is rather bearish.

The current price of 1.755 is staying below the SMA lines which is generally rather negative.

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

Short term wise it may continue to trend lower towards 1.695.
Breaking down of 1.695 with high volume that may continue to drive the share price lower towards 1.595 then 1.55. ( trade base on your own decision)

Wilmar Intl

Wilmar Intl - 11th May

Wilmar Intl after hitting the high of 3.75 on 29th April 2016 it had since drifted lower to touch 3.25 on 11th May 2016. This is rather Bearish.

Today gap down and closed lower at 3.29 couple with super high volume of 34.11m of shares changing hands this is rather negative.

Short term wise it may continue to go lower to re-visit 3.10 then 3.00.

Breaking down of 3 will be super bearish and may see it goes further down towards 2.80 ..
(trade base on your own decision)

SATS

SATS - 10th May 2016

SATS after hitting the low of 3.89 on 28th Mar 2016 it had managed to stage a strong recovery to touch 4.39 on 10th May( All time high). This is rather impressive + bullish.

The current price of 4.36 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 trend higher.

Short term wise it may continue to move up to test 4.50 then 4.60 with extension to 4.80.
(trade base on your own decision)

ComfortDelgro

ComfortDelgro - 8th May 2016

Wishing All Mother A Happy Mother's Day!


ComfortDelgro after hitting the high of 2.95 on 21st April 2016 it had since gone further down to touch 2.74 on 5th May 2016. This is rather bearish.

The current price of 2.77 is hovering below the SMA lines which is generally rather negative.

So long the price doesn't goes below the recent low of 2.74 (after Ex CD of 5 cents on 5th May)it may have a good chance of gaining strength to move up towards 2.80.

Meantime, RSI has started to turn upwards which may be a tell tale sign the the share price may provide further indication to move up from the current position.

Short term wise it may move up to test 2.80 and then 2.84. Crossing over of 2.84 with ease + good volume that may propel to drive the share price higher towards 2.90 & above.
(trade base on your own decision)

SembCorp Marine

SembCorp Marine - 6th May 2016

SembCorp Marine seems approaching the support level at 1.555. Expect to see a bounce off from this level and hopefully it can move up to cross over 1.63 and eventually 1,73 in order to reverse this downtrend.

With Dow overnight closed +70 points even though Friday Job report added lesser number of new jobs lower than analyst expectation but still able to close higher. This is generally rather positive.

Come Monday or next week we may see market likely to follow the US market trending higher.

SembCorp Marine may likely move up to test 1.63. Crossing over of 1.63 with ease + good volume that may propel to drive the share price higher towards 1.73 then 1.83.
(trade base on your own decision)

SGX

SGX - 4th May 2016

SGX after hitting the high of 8.05 on 20th April 2016 it had since gone lower to touch 7.40 on 4th May 2016. This is rather Bearish.

The current price of 7.43 is hovering below the SMA lines which is generally rather negative.

Both Macd & Rsi are pointing downwards which may provide further indication that the share price may continue to trend lower.

Short term wise looks like it may continue to trend lower towards 7.21 then 7.00 with extension to 6.60.
(trade base on your own decision)

OCBC Bank

OCBC Bank  - 4th May 2016

OCBC Bank after hitting the high of 9.45 on 21st April 2016 it had since continued to drift lower to touch 8.53 on 4th May 2016. This is rather Bearish.

Today closing price of 8.53 couple with high volume is rather negative.

Also both Macd & Rsi are pointing downwards which may be a tell tale sign that the share price may continue to head lower.

Let's see if it is able to hold above 8.50. Falling which it may continue to trend lower towards 8.23 then 8.00 with extension to 7.70.

(trade base on your own decision)

BreadTalk

BreadTalk after Ex.CD on 26th April 2016 it had managed to trend higher and close well at 1.095 on 29th April 2016. This is rather bullish.

Last Fri closing price of 1.095 with super high volume is posing well for a continuous driving force to drive the share price higher.

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

Short term wise it may move up to re-visit 1.15. Crossing over of 1.15 with good volume that may propel to drive the share price higher towards 1.20 then 1.25 with extension to 1.31.

(trade base on your own decision)

Best World

Best World - 1st May 2016

Best World is among the few stock counter that is able to continue to trend higher during STI market selling down on 29th April 2016. It is trending nicely upwards against all odds.

The closing at 69.5 cents + couple with high volume is posing well for the share price to continue to trend higher.

Looking good for it share price to re-visit 72.5 cents the recent high which was being attained on 22nd April 2016.

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

Crossing over of 72.5 cents may continue to drive the share price higher towards 80 cents then 85 cents with extension to 90 cents.
(trade base on your own decision)

SingPost

SingPost  - 1st May 2016

SingPost after hitting the high of 1.685 on 22nd April 2016 it had since drifting lower to touch 1.555 on 29th April. This is generally rather negative.

The Gap down on 29th April at 1.59 and closed lower at 1.57 + couple with quite a high volume signify weakness. The immediate support is at 1.56. Breading down of 1.56 will be rather bearish.

Macd indicator is showing sign of a negative divergence which may be a tell tale sign that the share price may continue to trend lower.

Short term wise we may have to monitor how the price movement is going to be.
A breaking down of 1.56 with high volume that may continue to drive the share price lower towards 1.50 then 1.43 with extension to 1.32.

(trade base on your own decision)