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Thursday, May 25, 2017

Memtech Intl

Memtech Intl - after hitting the low of 66.5 cents on 3rd April 2017, it had since manged to stage a strong rebound and head higher to touch 90 on 26th April 2017. Couple with super high volume this is rather bullish.



The current price of 87.5 cents is staying above the SMA lines which is rather positive.

Short term wise, I think it may likely move up to re-test the recent high of 90 cents.
Breaking out with good volume that may propel to drive the share price higher towards 95 then $1.00 with extension to $1.05.
( trade base on your own decision)

MM2 Asia

MM2 Asia update 2nd June 2017

Looking good to continue to trend higher after conquering the recent high of 61.5 ..



MM2 Asia - 25th May 2017

After touching the low of 47.5 cents on 3rd May 2017 it had managed to stage a strong recovery and head higher to touch 61 cents on 19th May. Couple with high volume this is rather bullish.



At this moment, it is taking a breather and may likely continue to trend higher .The current price of 58 cents is still hovering nicely above the SMA lines.

Short term wise, I think it will move up to retest the recent high of 61 cents.
Crossing over with ease + good volume that may propel to drive the share price higher towards 65 then 70 with extension toward 80 cents.
( trade base on your own decision)


Saturday, May 20, 2017

Best World

Best World is having a very impressive running up from the low of $1.10 to a high of $2.97.
The uptrend mode momentum is still intact and may likely continue to trend higher.
EPS 12.6 cents.
PE 22.9x.
dividend of 5 cents, yield of 1.7%
NAV 36 cents


Short term wise, I think it may move up to re-conquer the recent high of $2.97 then $3.00. Crossing over of $3.00 with strong volume that may propel to drive the share price higher towards 3.10 then 3.20.
( trade base on your own decision).

Hi-P International

Hi-P International is having a nice uptrend mode patterns as reflected on the chart. Current trend is still bullish and can be seen by the rising SMA Lines and as well as other indicators .


EPS of 6.8 cents.
PE of 11.98x.
dividend of 0.9 cents, yield of 0.98%.
NAV 71.9 cents.

Short term wise , I think it may likely move up to re-attempt 83.5 cents . Crossing over with ease + good volume that may propel to drive the share price higher towards 90 cents with extension to $1.00.
( trade base on your own decision)




Thursday, May 18, 2017

Mm2 Asia

Mm2 Asia - A nice breaking out today couple with high volume , this is rather bullish.
Short term wise looking good to continue to trend higher.


Immediate resistance is at 60 cents. Crossing over with ease plus good volume that may propel to drive the share price higher towards 65 then 70 with extension to 80.

(Trade base on your own decision)

Tuesday, May 16, 2017

ThaiBev

ThaiBev - looks rather bearish from TA point of view . After hitting the high of 97 cents on 23rd February 2017, it has since drifting lower and lower each day and went down to touch 86 cents yesterday (16 May) .
Three black crows continuously for past 3 candlesticks signifies bearishness . Looks like it may Ho lower to test 85 then 83. Breaking down of 83 may see further selling down pressure towards 80 then 78 cents.

Both Macd & Rsi are being driven into oversold territories.

Rolling EPS 4 cents .
PE - 21.25x
Dividend of 2.3 cents
Yield - 2.7%.

I think Price seems quite a good accumulation points 78 - 85 cents for a rise towards TP of $1.00.
(Trade base on your own decision)

Thursday, May 11, 2017

Noble Group

Noble Group - Noble went through the share consolidation of 10:1 . I think It seems that the market is not in favor of this share consolidation. Also it had just announced the 1st Qtr result with a net loss of almost 130m. Yesterday, we have witnessed the drastic selling down of the share price from 1.29 to close at 87.5 cents. The share price looks super oversold at this moment.


Short term wise, I think a technical rebound may happen.
It might be good to stay sideline and wait for it to stabilize first .

The current trend is rather bearish and may likely continue to trend lower.

(trade base on your own decision)


SIA

SIA - Very nice upwards movement for the past few days. Very good inbound trend patterns and managed to closed higher at 10.79, this is generally rather positive.


Couple with nice volume, looks like it may likely continue to trend higher to revisit 10.90 then 11.

( trade base on your own decision)

OCBC

OCBC - Very nice uptrend mode patterns. Looks quite similar patterns like UOB.



Yesterday Gap up and closed well + couple with good volume this is generally positive.

Likely to continue to head further North.

( trade base on your own decision)

DBS

DBS - has a very nice upwards move and closed well at 20.93. Very impressive as it is able to cover up the Gap after XD and continued to trend higher.


Lately, the STI market has been driven by the Bank counters and selected Blue chips counter.
Therefore, we should focus on these strong stock counter.

Likely to continue to move up to test 21 and above.

( trade base on your own decision)

STI

STI - Yesterday the index has again trend higher and closed well at 3271. Couple with high volume this is generally positive.

Looks like it may likely attempt to re-visit 3300 in time to come.


Wednesday, May 10, 2017

SingTel

SingTel - 9th May 2017

SingTel is trading near the major support level at 3.70. Looks like we may have a rebound opportunity to Long at current Price level .The likely immediate TP 3.83 and next TP 4.10. Dyodd




(Trade base on your own decision)

Saturday, May 6, 2017

Bond

Bond could be viewed as a fixed income investment portfolio .
Usually , it is of lower risk and paying a fixed annual interest .
Of course, every investment has certain degree of risks involve.
Investor has to do their own research and understand about the company bond that they are buying.

Bond are usually gurantteed by the company issuing the bond .
You will need to hold for a certain period of time till the bond maturity date. The company will redeem back the par value of the bond at $1.00 or $100 etc + paying the agree interest rate annually.
Payment mode usually half yearly /semi annual basic.

The bond counters that are traded on Sgx are as follows:
1. GentingSP5.125% - Perpetual bond paying interest of 5.125% annually. Current price $1.024.

2. Citydev NCcps - Perpetual bond paying 3.93% . Current price $1.125

3. Hyflux 6%cps - Perpetual bond paying 6%. Current price $99.50.

4. FCLTrea3.65% - 7 years fixed . Paying 3.65% . Current price .$1.015.

5. OxleyM5% - paying 5%. Price $1.004

6. Capmall3.08% - paying 3.08-%.Price $1.029

7. Aspial5.125% - paying 5.125%. Price $.0977.

There are many other counters that you may browse through from Sgx web site.

Dyodd
Trade base on your own decision .






Thursday, May 4, 2017

New Silkroutes

New Silkroutes - 4th May 2017

New Silkroutes had 2 days of continuously thrust bar with increasing volume. This is rather bullish.
A good sign of Reversal pattern.


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

Short term wise, I think it may likely move up to retest 90 cents then 91 cents.
Crossing over of 91 cents with ease + good volume that may continue to drive the share price higher towards $1.00.
( trade base on your own decision)

Sheng Siong

Sheng Siong - 4th May 2017

Sheng Siong from TA point of view is looking good to re-attempt the $1.00 mark.
Chart wise looks bullish. Volume has also been increasing for yesterday trade.



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

One of the setup being indicated on the EBook 

Short term wise, I think it will likely re-conquer $1.00. Crossing over with ease + good volume, that may propel to drive the share price higher to $1.05 then $1.10 with extension to $1.15.
( trade base on your own decision)