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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)