Yoma Strategic

Chart wise, looks rather bullish!

Today it close lower at 36 cents with not so high volume looks healthy!

Current price is staying above it's SMA line .
Also RSI is still rising up, likely to continue to trend higher!



Short term wise, I THINK it may re-attempt 37.5 cents. Breaking out with good volume that may propel to drive the price higher to 40 cents then 42.5 cents with extension to 48 cents .

Not a call to buy or sell.


Pls dyodd.

Yoma Strategic Holdings Ltd., an investment holding company, engages in the real estate, automotive and heavy equipment, consumer, financial, and investment businesses in Singapore, Myanmar, and the People’s Republic of China. The company’s Real Estate Development segment develops and sells land and properties. Its Real Estate Services segment provides project management, design, and estate management services, as well as property leasing services. The company’s Automotive & Heavy Equipment segment supplies and sells agriculture and construction equipment, as well as offers maintenance services. Its Consumer segment engages in the operation of restaurants; bottling and distribution of beverages; food wholesale business; and provision of logistics services. The company’s Financial Services segment provides vehicle financing; and invests in mobile financial services. Its Investments segment invests in the infrastructure, tourism, agricultural, and other sectors, as well as leases investment properties. The company also engages in leasing automotive equipment. The company was formerly known as Sea View Hotel Limited. Yoma Strategic Holdings Ltd. was incorporated in 1962 and is headquartered in Singapore.

SATS

29th Nov 2018

Today it Gap up but close with a doji, seems rather weak and uncertain. Likely to slide down again to retest 4.61. Breaking down of 4.61 would be rather bearish and may likely head lower towards 4.30 and below.

28th Nov 2018

Chart wise, looks rather Bearish!
Yesterday it has broken down the recent low of 4.67 and close lower at 4.66 , coupled with high volume this is rather negative.

The consolation part is that it has managed to bounce off from the lower Trend line at about 4.62.


The crucial level to watch out is 4.60 . Breaking down of 4.60 may see further selling down pressure towards 4.55 with extension to 4.30-4.50.

NAV $1.44
dividend of 18 cents, yield of 3.8%
PE is about 20X.

Not a call to buy or sell.

Pls dyodd.


SATS Ltd., an investment holding company, provides gateway services and food solutions in Singapore, Japan, and internationally. The company operates in three segments: Food Solutions, Gateway Services, and Others. It offers food solutions, such as inflight and institutional catering, chilled and frozen food processing, food distribution, and airline laundry services. The company also provides gateway services, such as airfreight handling, passenger, aviation security, baggage handling, and apron services; operates and manages the Singapore International Cruise Terminal at Marina South; and rents premises. In addition, it offers airport ground handling, airport cargo delivery management, ramp, operations control, abattoir, land logistics, remote catering, and housekeeping and other allied services, as well as technical and management services for agri–food business; and operates as an auctioneer of pigs. The company serves airline, hospitality, healthcare, food, and airfreight and logistics industries, as well as government. The company was formerly known as Singapore Airport Terminal Services Limited and changed its name to SATS Ltd. SATS Ltd. was founded in 1972 and is based in Singapore.

SembCorp Marine

29th Nov 2018

SembCorp Marine is still looking rather weak and may likely breakdown to retest the recent low of 1.56. Breaking down of this level with high volume that may weaken the share price further and may likely slide further down towards 1.46 with extension to 1.36 .

Not a call to buy or sell.

Trade/invest base on your own decision.


24th Nov 2018

Looks rather bearish with a wide bearish bar. Broken down the previous low of $1.71 and closed lower at 1.61 on 26th Oct 2018, Coupled with high volume, looks like fund may have exited ..

It has since hovering around the price range of 1.56 to 1.64, looks rather weak as the candlestick bar is getting smaller.

Long term down trend mode. Also RSI is showing Bearish divergence, it may likely continue to go lower.


With Oil price tank /

tumbles more than 7% to $50.42, now down more than 30% in 7 weeks 

quote : cnbc.com

I think short term wise, it may breakdown the recent low of 1.56 and slide further down towards 1.50 with extension to 1.40 and below.


Not a call to buy or sell.

Pls dyodd.

Trade/invest base on your own decision.



Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs. It also engages in the repair, refurbishment, retrofitting, life-extension, upgrading, and conversion of vessels, marine and offshore structures, LNG and LPG gas carriers, cruise ships, ferries, mega-yachts, floating production vessels, MODUs, tankers, containers, and cargo ships, as well as offers jumboization and dejumboization solutions. In addition, the company offers afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, steel and pipe work, electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting and hydro/vacuum blasting, riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage and port clearance arrangement, specialists service and navigation, automation, safety, and fire protection services. Further, it offers offshore platform solutions, such as integrated process; production, riser, and drilling; wellhead, power generation, manifold, and accommodation platforms; and wind-farm substations, as well as topside modules fabrication, installation, and integration. Additionally, it designs and builds sophisticated, specialized, gas value chain, ferry, RoPax, cruise, renewable energy and offshore support, naval support and security, and research and scientific survey vessels. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in 2000. The company was founded in 1963 and is headquartered in Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries Ltd.

UMS

Chart wise, looks super bearish! If the recent low at 58 cents is not able to hold, then we may have to say sayonara!

The candlestick bar is getting smaller and smaller in shape, looks rather negative. It may well lose control and surrender to Bear mode and continue to go lower.


RSI is still pointing downwards , no sign of bullish divergence.

Short term wise, I think it may continue to slide further down towards 55 then 50 with extension to 47 cents.

Not a call to buy or sell.

Pls dyodd.


Trade/invest base on your own decision.

UMS Holdings Limited, an investment holding company, provides high precision front-end semiconductor components, and electromechanical assembly and final testing services. It operates through two segments, Semiconductor and Others. The Semiconductor segment offers precision machining components and equipment modules for semiconductor equipment manufacturers. The Others segment provides water disinfection systems shipment services; and supplies base components to oil and gas original equipment manufacturers. The company also offers precision machining services, including milling, lathe, horizontal, cleaning, anodizing, and CMM; metal finishing services, such as electroless and selective nickel, anodizing, plating, e-polish, chemical cleaning, and parts refurbishment; and system integration, refurbishment, prototyping, and vendor managed inventory services, as well as electroplating services. In addition, it is involved in the assembly and integration of equipment and automated assembly lines; manufacture and assembly of stainless steel gaslines and weldment products; manufacture and repair of waste water treatment equipment; and holding of investment properties. The company serves semiconductor, electronic, machine tools, aerospace, and oil and gas industries. It operates in Singapore, Malaysia, the United States, Poland, Taiwan, South Korea, and the People’s Republic of China. UMS Holdings Limited was incorporated in 2001 and is headquartered in Singapore.

M1

Just renew my 1GB fibre plan with them . Same price as before 39 per month .

They give a new router - Asus RT-AC1200G+.
Free 4G Mobile Broadband with 500MB data.
Free Home Fixed line.

And if you go online to play their games , you may get a free Motorola cordless phone.
You may play the games to get other freebie.


The shop is crowded with many customers wanting to sign up for the new offer.
Looks good .

Not a call to buy or sell.
Just sharing.

Raffels Medical

TA wise, look bullish!
The current price of 1.12 is staying above its 20,50 & 200 days Moving Average , looks rather positive .

RSI is also showing Bullish divergence, looks positive!

Short term wise, I think it may likely breakout 1.12 smoothly and head higher towards 1.18 and above.


Not a call to buy or sell.

Please do your own due diligence.


Raffles Medical Group Ltd engages in the medical clinics operation and other general medical service businesses primarily in Singapore. The company operates through three segments: Healthcare Services, Hospital Services, and Investment Holdings. Its flagship hospital is the Raffles Hospital, a tertiary care hospital that offers services, including emergency, cancer, children and women care, traditional Chinese medicine, counselling, dental, diabetes and endocrinology, dialysis, ear, nose, throat, eye, family medicine, fertility, health screening, heart, internal medicine, international patients services, neuroscience, pain management, rehabilitation, radiology, Japanese clinic, orthopaedic, skin and aesthetics, surgery, urology, and nuclear medicine services for inpatients and outpatients. The company also operates 100 medical clinics that provide various services, such as general practice/family medicine, emergency, health check, health screening, immunization, travel health, specialty, minor surgery, X-ray, pre-marital screening, and corporate programs; provides health insurance; trades in pharmaceutical and nutraceutical products, and diagnostic equipment; and provides healthcare management and consultancy services, as well as specialized medical, medical laboratory, imaging center, and clinical services. In addition, it owns properties; develops IT solutions; provides advisory and medical emergency assistance services; and sells medical kits. The company was founded in 1976 and is based in Singapore.

Best World

It had a very impressive good run-up from $1.49 to hit all time high of $2.37. Looks like overly extended. There are indication of a Bearish Reversal patterns.

 I think is good not too chase as the gravity of retracing is very high. The same chart patterns may repeat itself as being spotted on the chart. Looks like we may see a correction happening soon.

 Do prepare and don't get hurt as it is trading at peak level.

 Short term wise, I think it may go down to retest 1.83 then 1.76 with extension to 1.60 level.


 Not a call to sell or buy.

 Pls dyodd.

 Trade/invest base on your own decision.

Best World International Limited develops, manufactures, and distributes skincare, personal care, nutritional, and wellness products. The company operates through Direct Selling, Export, and Manufacturing/Wholesale segments. It offers inner harmony products, including Avance for digestive health, circulatory health, natural resistance, rejuvenation, and oral care; and Optrimax weight management products. The company also provides outer harmony products, such as DR’s Secret range of products for complexion; Miraglo that removes impurities on the skin surface; Aestier for wrinkles, fine lines, and loss of firmness; and PentaLab personal care products. In addition, it offers lifestyle harmony products comprising ÜberAir, a series of air-enhancing equipment. Further, the company manufactures and distributes the Aurigen line of supplements through drugstores. It operates in Singapore, Thailand, Taiwan, Indonesia, Malaysia, Vietnam, Hong Kong, China, Korea, the Philippines, Myanmar, and Dubai. Best World International Limited was founded in 1990 and is headquartered in Singapore.

SingTel

Wow! Moving up Liao!
Bullish divergence spotted!

Looking good to head higher towards $3.20 then 3.26 then 3.30.


Not a call to buy or sell.

Pls dyodd.

This is perhaps one of the solid blue chips for Telco that you may want to take note of!


Yearly dividend of 17.5 cents .
Yield of 5.65% base on current price of $3.10.

Yoma

TA wise, looks bullish!
Looks like a nice candidate for short term trading opportunity!

Current price is staying above it's SMA line .
Also RSI is still rising up, likely to continue to trend higher!


Short term wise, I THINK it may re-attempt 36 cents. Breaking out with good volume that may propel to drive the price higher to 40 cents then 42.5 cents with extension to 48 cents .

Not a call to buy or sell.

Pls dyodd.

First Reit

Chart wise, it is on a downtrend mode patterns! Looks rather bearish! It has been sharply corrected from $1.42 to current price of $1.04.

 The selling down for past few days was quite intense with a dropping from $1.20 to $1.04. It seems that Big fish is pushing down the price to take advantage of the current market sentiment. The related news is here for you to refer to.


Stochastic has been driven into super oversold territories.

I am waiting for the price to stabilize first and perhaps a Reversal patterns is formed before taking action to add some.

Looking at their financial nos. Their DPU has been risen steadily from 8.1 cents to 8.6 cents from 2014 to 2018.

The current price of $1.04 is giving a yield of 8.26%.
NAV is $1.007.
P/B is about 1x.

Not a call to sell or buy.

Pls dyodd.


First Real Estate Investment Trust (“First REIT”) is a real estate investment trust constituted by the Trust Deed entered into on 19 October 2006 between Bowsprit Capital Corporation Limited as the Manager and HSBC Institutional Trust Services (Singapore) Limited as the Trustee. First REIT was listed on the Singapore Exchange Securities Trading Limited on 11 December 2006. On 1 March 2018, HSBC Institutional Trust Services (Singapore) Limited retired as the Trustee of First REIT in favour of Perpetual (Asia) Limited. First REIT is Singapore’s first healthcare real estate investment trust that aims to invest in a diversified portfolio of income-producing real estate and / or real estate-related assets in Asia that are primarily used for healthcare and / or healthcare-related purposes. Managed by Bowsprit Capital Corporation Limited, First REIT’s portfolio consists of 20 properties located in Indonesia, Singapore and South Korea, namely 1) Siloam Hospitals Lippo Village, 2) Siloam Hospitals Kebon Jeruk, 3) Siloam Hospitals Surabaya, 4) Imperial Aryaduta Hotel & Country Club, 5) Mochtar Riady Comprehensive Cancer Centre, 6) Siloam Hospitals Lippo Cikarang, 7) Siloam Hospitals Manado & Hotel Aryaduta Manado, 8) Siloam Hospitals Makassar, 9) Siloam Hospitals Bali, 10) Siloam Hospitals TB Simatupang, 11) Siloam Hospitals Purwakarta, 12) Siloam Sriwijaya, 13) Siloam Hospitals Kupang & Lippo Plaza Kupang, 14) Siloam Hospitals Labuan Bajo, 15) Siloam Hospitals Buton & Lippo Plaza Buton 16) Siloam Hospitals Yogyakarta 17) Pacific Healthcare Nursing Home @ Bukit Merah, 18) Pacific Healthcare Nursing Home II @ Bukit Panjang, 19) The Lentor Residence and 20) Sarang Hospital. Its hospital assets in Indonesia are operated by PT Siloam International Hospitals Tbk, a subsidiary of PT Lippo Karawaci Tbk, a strong brand name in the Indonesian healthcare industry supported by a team of international healthcare professionals, whereas the Imperial Aryaduta Hotel & Country Club and Hotel Aryaduta Manado are operated by The Aryaduta Hotel & Resort Group. Lippo Plaza Kupang and Lippo Plaza Buton are managed by PT Lippo Malls Indonesia. In Singapore, the nursing homes at Bukit Merah and Bukit Panjang are operated by Pacific Healthcare Nursing Home Pte Ltd and Pacific Eldercare and Nursing Pte Ltd respectively. The Lentor Residence is operated by The Lentor Residence Pte Ltd, while Sarang Hospital in South Korea is managed by a private doctor. Through First REIT, investors can participate in an asset class that has a focus towards Asia’s growing healthcare sector, which is boosted by an increase in life expectancy in Indonesia and the rest of Southeast Asia.

UMS

TA wise , looks super Bearish!
Another Gap down this morning, it is trading at 62 cents !
I think market is not in favor of the latest dividend being cut from 1 cents to 0.5 cents .

Please mind the Gap as it may continue to trend lower!

Shirt term wise, I think likely to test 60 then 55 cents with extension to 52 cents.

Not a call to buy or sell.

Pls dyodd.



UMS Holdings Limited, an investment holding company, provides high precision front-end semiconductor components, and electromechanical assembly and final testing services. It operates through two segments, Semiconductor and Others. The Semiconductor segment offers precision machining components and equipment modules for semiconductor equipment manufacturers. The Others segment provides water disinfection systems shipment services; and supplies base components to oil and gas original equipment manufacturers. The company also offers precision machining services, including milling, lathe, horizontal, cleaning, anodizing, and CMM; metal finishing services, such as electroless and selective nickel, anodizing, plating, e-polish, chemical cleaning, and parts refurbishment; and system integration, refurbishment, prototyping, and vendor managed inventory services, as well as electroplating services. In addition, it is involved in the assembly and integration of equipment and automated assembly lines; manufacture and assembly of stainless steel gaslines and weldment products; manufacture and repair of waste water treatment equipment; and holding of investment properties. The company serves semiconductor, electronic, machine tools, aerospace, and oil and gas industries. It operates in Singapore, Malaysia, the United States, Poland, Taiwan, South Korea, and the People’s Republic of China. UMS Holdings Limited was incorporated in 2001 and is headquartered in Singapore.

UOL

TA wise, looks super bearish!

We can notice from the chart patterns there were 2 Gap Down happening and the price cannot fight against the Bear and continue to trend even lower.

 Whenever a Gap down is happening it tells us something is happening. The Gap down could be due to the properly cooling measures. Price has since gone even lower after experiencing this Gap down. 

Short term wise, I think it may likely go lower to retest $5.98 price level. Breaking down of $5.98 with high volume that may drive the price even lower to slide down towards 5.60 with extension to $5.20.

 Not a call to buy or sell.

 Pls dyodd.

 NAV $11.33

Dividend of 17.5 cents.

Yield is about 2.84%.

P/B 0.54


I think the only consolation is the P/B is trading at 0.54.

I think Yield is not attractive which is below 3%.


UOL Group Limited, through its subsidiaries, primarily engages in property development and management, property investments, and hotel businesses. Its property development projects include residential units, office towers and shopping malls, and hotels and serviced suites. The company also owns and/or manages approximately 30 hotels under the Pan Pacific and PARKROYAL names in Asia, Oceania, and North America with approximately 10,000 rooms in its portfolio. In addition, it is involved in the rental of serviced suites, commercial offices, and retail malls; treasury services business; management of serviced suites; operation of restaurants; and management and operation of health and beauty retreats and facilities. Further, the company engages in the retail of computer hardware and software; property trading business; management and licensing of trademarks; retail management consultancy services business; and provision of information technology related products and services. UOL Group Limited has operations in Singapore, Australia, Vietnam, Malaysia, the People’s Republic of China, Myanmar, and the United Kingdom. The company was formerly known as United Overseas Land Limited and changed its name to UOL Group Limited in 2006. UOL Group Limited was founded in 1963 and is based in Singapore.

SingPost

TA wise, looks super Bearish!
It is an obvious long term Downtrend chart patterns.

If 95 cents is not able to hold up well then next support would be at 92 .

I think strong support is at 92 cents. This may present an opportunity. Breaking down of 92, next could be heading down to 85 cents then 80 cents. 

Not a call to buy or sell.

Pls dyodd.



NAV of 61 cents.
P/b of 1.57
Trailing EPS of 5.2 cents.
PE of 18.5x.
Dividend of 3.5 cents.
Yield of 3.6%

I think decent yield of 3+%. But not as good as compare to SingTel that is yielding 5.7% at $3.05.



Singapore Post Limited, together with its subsidiaries, provides postal, ecommerce logistics, and retail services in Singapore, the United States, can, and internationally. The company operates through four segments: Postal, Logistics, eCommerce, and Property. The Postal segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its international mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail services, which integrate electronic data communication with traditional mail; and agency services and financial services. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. Its services include ecommerce logistics, warehousing, fulfilment and distribution, and other value-added services; and parcel delivery, freight forwarding, and self-storage solutions and management services. The eCommerce segment provides front-end ecommerce solutions. The Property segment provides commercial property rental services. The company is also involved in the online sale of luxury products; provision of management and consultancy services to related entities, as well as business mail solutions and distribution of mail, and global sale and marketing services. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage and freight forwarding services; and acts as a trading company and purchases organization for ocean freight services. Further, the company is involved in the courier activities other than national post activities; and provision of freight collections transshipments, logistics management, and aviation services. Singapore Post Limited was founded in 1819 and is headquartered in Singapore.

STI ETF

Today Gap down doesn't look good ! Likely to continue to trend lower!

Is good to be cautious!

20th Oct 2018
I think is almost good time to revisit this STI ETF as can be seen from the chart, RSI is gently rising . Market may still has some room to go lower and the bottom line could be somewhere near 2830 level.

PE is about 10.69x which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3.63%.

When is the Best time to lock in profit is when the RSI is over 70 and the PE is more than 20.

Not a call to buy or sell.
Pls dyodd.

I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).

This simple strategy is to invest in a low cost ETF( Exchange Traded Fund)  such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI) 

This method of operation is to buy into STI ETF whenever it is in an oversold condition and to sell off and take profits whenever it is in an overbought condition. 

For example, one may use the  indicator such as the Relative Strength Index (RSI) to determine overbought ( above 70 ) or oversold condition( below 30).

One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.

For example you may plan to buy in at different interval or whenever the Oversold situation happen .

In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.

As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

the example are as follows:-

1. When the index price is $2.00, your $1000 will be able to buy 500 shares.
2. When the index price is $2.50, your $1000 will be able to buy 400 shares
3. When the index price is $2.90, your $1000 will be able to buy 344 shares
4. When the index price is $1.66, your $1000 will be able to buy 625 shares
5. When the index price is $3.00, your $1000 will be able to buy 333 shares
6. When the index price is $3.20, your $1000 will be able to buy 312 shares
7. When the index price is $3.50, your $1000 will be able to buy 285 shares

Total = $7000 / 2799 shares = $ 2.50 average cost per unit.

By using this method, you will be able to make a profit once the stock market rises above this low average price.

RSP :

Just sharing.

Not a call to buy or sell.






Please do your own due diligence.

SingTel

This is perhaps one of the solid blue chips for Telco that you may want to take note of!

Yearly dividend of 17.5 cents .
Yield of 5.65% base on current price of $3.10.


Chart wise, looks bearish!
Immediate support is at $3.08. Next support is at $3.05 then $3.02.
The major support is at $3.00 region.

At $3.02, the yield would be 5.8% looks very attractive to me and is almost on par with most of the Reits counter that is yielding a yield of 5-7%.

I would be looking at the golden opportunity to accumulate if price further weaken to $3.05 and below.


Not a call to buy or sell.

Please do your own due diligence!


The management has made announcement in FY2017 that they would continue to payout 17.5 cents of dividend for 2 financial years.

The dividend of 17.5 cents for next 2 financial years is here.

Let us take a look at their past years financial numbers as per below tables:

Average Underlying Net Profit is about $3.7b.

Assuming future underlying Net profit may go lower, may be about $3.4-$3.5b.
0.75 X $3.45b = 2.5875 / 16.322(no of share) = 15.85 cents.

No of shares = 16.322 b 
Payout ratio 75% 

If Payout ration 60% , then dividend per share is about 12.7 cents.

Their free cash flow of about $3.6b I think has no problem to continue in paying out the dividend.

OCBC

OCBC is one of the nicer short term bullish chart patterns as compare to the other 2 bank counter.

I think it may still attempt to re-conquer $11.56 and head higher to retest $12.00 and above.


My Trading plan is as follows:-

1. EP $11.57
2. SL $11.32
3. TP $$12.15 - $$12.29


Not a call to buy or sell.

Pls dyodd.

8th Nov 2018
Ocbc Bank counter has managed to Gap up again and follow through with yet another 4th white soldier as reflected on the chart ,this is rather bullish!

Today - 8 Nov it has managed to close well at $11.53 , looks positive and it may likely move up to test $11.90 then $12.00.


Please dyodd.

Trade/invest base on your own decision.


3rd quarter 2018 net profit grew 12% to $1.25b. Return of equity higher at 12.6%.

9M18 Group Performance, Net profit increased 18% YOY to $3.57b.

A beautiful set of result!
Not sure how will market reacts to the latest result.


One word! Nice and beautiful follow-through moment as reflected on the chart today with a second white soldiers.

Yesterday, we have witnessed the Bullish Engulfing candlestick pattern that is more or less signalling the end of the downtrend reversal indication.

Today market has provided us with the answer and close well at $10.74 , Up 26 cents with convincingly High volume. This is rather bullish!

Short term wise, I think it may likely continue to head higher to re-visit $11.00 then $11.23 level.

Not a call to buy or sell.

Pls dyodd.

Do you happen to notice the same patterns has been repeating itself.
Is good to be extra cautious!

Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high net worth individuals. Its Global Corporate/Investment Banking segment provides project financing, overdrafts, trade financing, and deposit accounts; fee-based services, such as cash management and custodian services; and investment banking services, including financing solutions, syndicated loans and advisory services, corporate finance services for initial public offerings, secondary fund-raising, and takeovers and mergers, as well as customized and structured equity-linked financing services. It serves corporates, public sector, and small and medium enterprises. The company's Global Treasury and Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provision of structured treasury products and financial solutions. Its OCBC Wing Hang segment offers commercial banking, consumer financing, share brokerage, and insurance services. The company’s Insurance segment provides fund management services, and life and general insurance products. Its Others segment is involved in property and investment holding activities. As of May 7, 2018, the company operated a network of 590 branches and representative offices in 18 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.

ComfortDelgro

Yesterday it has a slight rebound after the drastic sold down. Still looks rather bearish!

Would it be able to hold up $2.18 level ! Failing which ,we may see it slide further down ..

9th Nov
From TA point of view, it is rather Bearish!

It has broken down the lower Trend line at about $2.22 and close lower at $2.18, this is super bearish!

Short term wise , I think it may likely go down to retest $2.07 then 2.00 with extension to $1.95.


Not a call to buy or sell.

Please do your own due diligence.



 ComfortDelGro Corporation Limited, an investment holding company, operates as a land transportation company. It offers public bus and charter bus services; rail services; motor vehicle evaluation and other related services; public taxi services through the rental of taxis to hirers; car rental, and car care and leasing services; outdoor advertising services; and taxi booking services. The company also provides vehicle inspection and other related services; non-vehicle testing, inspection, and consultancy services; coach services; private hire services; crash repair services; bus station services; professional and building inspection, and engineering services; charge card facilities; and charter, coach, and terminal services. In addition, it operates driving schools; and workshops for repairing, servicing, and general maintenance of motor vehicles, as well as acts as a dealer in diesel for motor vehicles. Further, the company rents buses to hirers and provides related services; and constructs specialized vehicles and assembles bus bodies. As of May 11, 2018, it operated a fleet of 41,500 buses, taxis, and rental vehicles. The company has operations in Singapore, the United Kingdom, Ireland, Australia, China, Vietnam, and Malaysia. ComfortDelGro Corporation Limited was incorporated in 2003 and is headquartered in Singapore

Ocbc Bank

Ocbc Bank counter has managed to Gap up again and follow through with yet another 4th white soldier as reflected on the chart ,this is rather bullish!

Today - 8 Nov it has managed to close well at $11.53 , looks positive and it may likely move up to test $11.90 then $12.00.


Please dyodd.

Trade/invest base on your own decision.


3rd quarter 2018 net profit grew 12% to $1.25b. Return of equity higher at 12.6%.

9M18 Group Performance, Net profit increased 18% YOY to $3.57b.

A beautiful set of result!
Not sure how will market reacts to the latest result.


One word! Nice and beautiful follow-through moment as reflected on the chart today with a second white soldiers.

Yesterday, we have witnessed the Bullish Engulfing candlestick pattern that is more or less signalling the end of the downtrend reversal indication.

Today market has provided us with the answer and close well at $10.74 , Up 26 cents with convincingly High volume. This is rather bullish!

Short term wise, I think it may likely continue to head higher to re-visit $11.00 then $11.23 level.

Not a call to buy or sell.

Pls dyodd.

Do you happen to notice the same patterns has been repeating itself.
Is good to be extra cautious!

Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high net worth individuals. Its Global Corporate/Investment Banking segment provides project financing, overdrafts, trade financing, and deposit accounts; fee-based services, such as cash management and custodian services; and investment banking services, including financing solutions, syndicated loans and advisory services, corporate finance services for initial public offerings, secondary fund-raising, and takeovers and mergers, as well as customized and structured equity-linked financing services. It serves corporates, public sector, and small and medium enterprises. The company's Global Treasury and Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provision of structured treasury products and financial solutions. Its OCBC Wing Hang segment offers commercial banking, consumer financing, share brokerage, and insurance services. The company’s Insurance segment provides fund management services, and life and general insurance products. Its Others segment is involved in property and investment holding activities. As of May 7, 2018, the company operated a network of 590 branches and representative offices in 18 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.