Thursday, February 28, 2019

Food Empire

FY net profit is up 33.3% to 17.7m. EPS of 4.5 cents(3.39 US cents) . PE of 12.3x base on closing price of 55.5 cents is still looking undervalue.


Estimating a PE of 18x that is 81 cents would be fairly achievable.

Dividend has been increased slightly from 0.6 cents to 0.68 cents.


Cash flow is healthy .


Not a call to buy or sell. Pls dyodd.

Wednesday, February 27, 2019

KepCorp

Chart wise, looks rather weak!
Likely to retest 6.16 again!



Breaking down Plus high volume that may drive the price lower to revisit 5.98 soon.

Not a call to buy or sell.

Pls dyodd.


Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, and infrastructure businesses in Singapore, China, Brazil, other Far East and ASEAN countries, and internationally. It constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; researches and develops deepwater engineering works; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; and procures equipment and materials for the construction of offshore production facilities. The company is also involved in the trading and installation of hardware, industrial, marine, and building related products; provision of leasing services; sourcing, fabricating, and supply of steel components; ship repairing, shipbuilding, and conversion activities; marine contracting and ship owning business; painting, blasting, and process and sale of slag; property investment, management, and development activities; fund management; golf and hotel ownership and operation; development of marina lifestyle and residential properties; trading of construction materials; development of district heating and cooling systems; electricity generation and supply, and general wholesale trade businesses; purchase and sale of gaseous fuels; and trading of communication systems and accessories. In addition, it offers jacking systems, and heavy-lift equipment and related services; project management and procurement, towage, financial, real estate investment trust management, logistics and supply chain, warehousing and distribution, data center facilities management, travel agency, and metal fabrication services; housing services for marine workers; and technical consultancy for ship design and engineering works, as well as solid waste treatment solutions. The company was incorporated in 1968 and is based in Singapore.



Hong Leong Fin

FY result is out! Net profit is up 38.1% to 118m versus 85m last year. EPS of 26.56 cents. A beautiful set of financial numbers! Final dividend of 10 cents being declared. XD 6th May.


Looks like tomorrow price may Gap up and head higher towards 2.80 then 2.88 level.

NAV $4.20.
PE 10.28x.

Not a call to buy or sell.

Pls dyodd.


Hong Leong Finance Limited provides various financial services for business enterprises and retail customers in Singapore. The company accepts savings and business current accounts, as well as fixed deposits. It also offers new and used car, home, and private housing loans, as well as share financing services; and mortgage equity services. In addition, the company provides commercial and industrial property, development, HDB SME, SME equipment and factory, SME micro, SME working capital, and working capital term loans, as well as loans for conservation property; internationalization finance and loan insurance schemes; equipment financing and refinancing, factoring and accounts receivable financing, hire purchase, inventory financing, medical asset financing, project receivables and payables financing, revolving working capital financing, and suppliers’ invoice and vessel financing services; letters of credit; and SME care programs. Further, it offers corporate advisory services comprising financial advisory, mergers and acquisitions, restructuring, project and investment evaluation, and independent financial advisory services; and equity fund raising services consisting of initial public offering, secondary fund raising, and shares underwriting services, as well as operates as an issue manager and catalist full sponsor. It operates through a network of 28 branches. The company was incorporated in 1961 and is headquartered in Singapore. Hong Leong Finance Limited is a subsidiary of Hong Leong Investment Holdings Pte. Ltd.


Tuesday, February 26, 2019

OUE

FY result is out .
FY net profit is down 89.4% to $10m.

OUE’s Full Year 2018 Revenue at S$642.9 million; Total Proposed Dividend of 12.0 Singapore cent.


Will it continues to Chiong tomorrow with the proposed dividend of 12 cents !

Chart wise, looks Bullish!


Breaking out of $1.62 plus good volume that may propel to drive the price higher towards 1.80 & above .

Not a call to buy or sell.

Pls dyodd.



Saturday, February 23, 2019

Singapore Saving Bond

March 2019 offer rate is 1st year 1.95%, 2nd year 1.95%, 3rd year 1.97%, 4th year 2.05%, 7th year 2.3%, 9th year 2.48% and 10th year 2.55%.

Bond Id GX19030Z

Closing date is 25th Feb 2019 9pm.
Interest payments half year from Sept 2019 and Mar 2020.
10 year average interest is 2.18%.

I think is quite good as interest rate is still much higher than bank interest of 0.5%.

December offer rates is out!
Fantastic! 1st year 1.89%, 10 years 3.04% .

Don't miss out!

Closing date on 27th Nov 9pm.

Pls dyodd.

Singapore Saving Bond click here to view. 

Nov rate is out!
Looks attractive!
First year 1.8%, average for 10 years 2.48%.

Closing date of application : 26 Oct 2018.
It is now available for applying .

Applicant may apply via Internet banking from the 3 local banks such as DBS,Uob & OCBC .



Closing date of application is on 25th September 9pm.

 First year interest is 1.74% & 10 year interest is about 2.42%. You may refer to the table below ;










 Each Savings Bond has a term of 10 years and pays interest every 6 months. Savings Bonds cannot be traded like conventional bonds or shares. Interest income is exempt from tax. Only individuals above 18 years old can apply.

 Savings Bonds are fully backed by the Singapore Government. And because the bonds can always be redeemed for the full amount invested, investors are protected against capital losses when interest rates change.

 This makes them one of the safest possible investments for individuals to hold.








 Save up to 10 years, and earn interest that “steps up” or increases over time. Hold your Savings Bond for the full 10 years and receive an average interest per year that matches the return from 10-year Singapore Government Securities yields, which has generally been between 2%-3%. Flexible : Or, choose to exit your investment in any given month, with no penalties.

There is no need to decide on a specific investment period at the start.








Before you Apply: You will need: A bank account with DBS/POSB, OCBC or UOB. Visit any of the three local banks’ branches in Singapore to open a bank account.

 An individual CDP Securities account linked to any of your bank accounts through direct crediting service (DCS). CDP is the custodian for Savings Bonds and will process applications, interest payments and redemptions. Visit CDP's webpage for information on opening your CDP Securities account.

 $2 transaction fee A non-refundable transaction fee will be charged by the bank for each application request.









After you have Apply: MAS will allot the new Savings Bond among applicants on the 3rd last business day of the month (called the "Allotment Day")You will receive the first interest payment 6 months after the bond is issued. Interest will be automatically paid into the bank account that is linked to your CDP account.

 The application results will be available on the Announcements page after 3.00pm on Allotment Day. Should the total amount of applications exceed the amount on offer in a particular month, you may not get the full amount you applied for (why not?). The excess cash will be refunded to you by the end of the 2nd last business day of the month.

Savings Bonds will be issued on the 1st business day of the following month. You will be notified by CDP via mail of the amount of Savings Bonds allotted to you. You can also check your holdings online through the CDP Internet service or by calling CDP at 6535-7511.








 Received your interest : You will receive the first interest payment 6 months after the bond is issued. Interest will be automatically paid into the bank account that is linked to your CDP account. Interest will be paid every six months after that, on the 1st business day of the month. The interest payments will be reflected in your CDP statements. When your bond matures Each Savings Bond has a term of ten years. At the end of ten years, your principal and the last interest payment will be automatically credited to your DCS bank account.

You do not need to take any action, and the $2 transaction fee is not applicable in this instance. Redeeming early You can redeem your Savings Bonds in any given month before the bond matures, with no penalty for exiting your investment early. To redeem your bond: Submit your redemption requests through the DBS/POSB, OCBC or UOB ATMs, or Internet Banking portals. Redeem in multiples of $500 up to the amount you have invested for each bond. You can redeem more than one bond per month. A $2 transaction fee will apply for each redemption request. Please note that you will not be able to amend or cancel submitted redemption requests.

The redemption period opens at 6pm on the 1st business day of each month and closes at 9pm on the 4th last business day of the month. Redemption proceeds will be paid by the end of the 2nd business day of the following month. Will I receive any interest?  Savings Bonds pay interest every 6 months.

If you redeem your bond when there is a scheduled interest payment, you will receive the scheduled interest together with your redemption amount. If you redeem before the scheduled interest is paid, you will receive a pro-rated amount, called the accrued interest, which is the interest you have earned but have not been paid.

Friday, February 22, 2019

Chip Eng Seng

Chip Eng Seng Corp more than doubled its profits in the fourth quarter, on the back of both revenue growth and heftier contributions from associates.
Net profit jumped by 102.4 per cent to S$26.6 million for the three months to Dec 31, 2018, up from S$13.1 million the previous year, according to results released on Friday.
4th quarter EPS of 4.25 cents is more than double last year EPS of 2.11 cents.
Full Year EPS of 10.13 cents, PE is 7.15x.
Dividend of 4 cents is being declared. XD on 7 May. Payment date 23 May.


A fantastic set of financial results.

Chart wise, Looks like it may rise to retest 76.5 cents which is the immediate resistance. Breaking out of 76.5 cents with ease plus good volume that may propel to drive the price higher towards 84 cents then 86 cents.



Not a call to buy or sell.

Pls dyodd.




Thursday, February 21, 2019

Ping An

Chart wise , looks bullish! The current price of 78.50 is staying well above it's SMA lines.


 Macd is still trending higher . Looks positive it may continue to rise further!


 Short term wise, I think likely to re-attempt 80 dollars . Breaking out smoothly plus good volume that may propel to drive the price higher towards 85 then 90 with extension to 98 .

 Not a call to buy or sell.

 Pls dyodd.

APAC Realty

Chart wise, looks Bullish!
Likely to re-attempt 58.5 cents again!


The current price of 56.5 cents is staying well above it's SMA lines, looks positive to continue to trend higher!


Breaking out of 58.5 cents smoothly plus good volume likely to rise towards 60 then 70 cents .

Not a call to buy or sell.

Pls dyodd.



14th Feb 2019
A nice breaking out of the consolidation mode and cleared 51 cents smoothly and rises higher to hit 58.5 cents. Looks rather Bullish!



Likely to pull back or consolidate fir a while before rising you retest 58.5 again!


Meantime, it may pull back towards 51.5 to 54 region. Looking to add when the boat is back to 54 cents .

Not a call to buy or sell.

Pls dyodd.




DBS

Waiting for boat to come back to 24.45 level.
Dividend of 60 cents is quite solid!


Looking for a swing trade to take it higher to retest the recent high of 25.32 ..


Not a call to buy or sell.

Pls dyodd.




DBS Group Holdings Ltd provides financial products and services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers. The Institutional Banking segment provides financial services and products for bank and non-bank financial institutions, government-linked companies, large corporates, and small and medium sized businesses. Its products and services comprise short-term working capital financing and specialized lending; cash management, trade finance, and securities and fiduciary services; treasury and markets products; and corporate finance and advisory banking, as well as capital markets solutions. The Treasury Markets segment is involved in structuring, market-making, and trading in a range of treasury products. The Others segment offers stock trading and Islamic banking services. The company operates approximately 280 branches across 18 markets. DBS Group Holdings Ltd was founded in 1968 and is headquartered in Singapore.

Saturday, February 16, 2019

Best World

Pretty impressive running up!
Will it continues to cross over the recent high of 3.33!

It seems that bull is still trying to push it higher!

Pls dyodd.


8th Feb 2019
It has continued to rise further and closed higher at 3.30 level.
I think the speed of rising for this kind of scenario is not going to last. Retracement may happen any moment.

I won't be chasing but would be looking at opportunity to take advantage to go short .

I think is good to lock in your profit .

Not a call to sell or buy.

Pls dyodd.

8th Feb 2019
I think the danger is lurking!
High can go even higher. That is the mystery answer!


The current price of 3.19 is trading at All-Time-High.
I think price is hovering far away from its SMA lines which may likely retrace any moment.
Is good to be extra cautious and don't chase blindly!
The volume is low yet the price keep heading higher. RSI is entering into super overbought territories.


NAV is 0.279.
P/B is 11.41x
PE 26x
Dividend of 4.1 cents, Yield of 1.28%

Short term wise, I think it may likely Gap down and retest 2.88 level then 2.66.
Breaking down of 2.66 would be super bearish and may likely go down to revisit 2.35 level then 2.18.

With this kind of price, I would rather switch to SingTel the solid blue chip counter which is giving me a yield of 5.7%.


Not a call to buy or sell.

Pls dyodd.


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.


Sia engineering

TA wise, looks Bearish!
Likely to go down to test 2.30 level.
Breaking down + high volume that may see the price go lower to revisit 2.20.


Not a call to buy or sell.

Pls dyodd.



SIA Engineering Company Limited, together with its subsidiaries, provides maintenance, repair, and overhaul (MRO) services for aircraft and cabin components/systems in East Asia, West Asia, Europe, South West Pacific, the Americas, Australia, and Africa. The company operates through two segments, Airframe and Line Maintenance; and Engine and Component. The Airframe and Line Maintenance segment provides airframe maintenance, line maintenance, and fleet management programs. Its services include scheduled routine maintenance and overhaul, specialized and non-routine maintenance, and modification and refurbishment programs; aircraft certification and technical ground handling services, such as push-back and towing, as well as the provision of aircraft ground support equipment and rectification work; and fleet technical management and inventory technical management services, which include the provision of engineering and MRO solutions. The Engine and Component segment provides component overhaul, and engine repair and overhaul services. SIA Engineering Company Limited also engages in the repair and overhaul of hydro-mechanical equipment for Boeing and Airbus aircraft. The company was incorporated in 1982 and is based in Singapore. SIA Engineering Company Limited is a subsidiary of Singapore Airlines Limited.

StarHub

Wow! Hit my target of 1.70 within a day .
Close at 1.67 with high volume.
Looks bearish!

I think likely to go down to retest the recent low of 1.58.
Breaking down of 1.58 may see it slide further down to 1.50.

Pls dyodd.



14th Feb 2019
Result is out! 4th quarter result doesn't look good !QoQ Net profit of 15m down 70%. FY Net profit of 200m is down 27%.



 Propose a final dividend of 4 cents .
Going forward dividend will be slash from 4 cents to 2.25 cents .





Looks like we may see a Gap down effect tomorrow!
I think It may go below 1.80 level and slide further down towards 1.70 level.


 Not a call to buy or sell. Pls dyodd.

Hong Leong Asia

It is now taking a break.
Strong pull back after hitting the high of 66.5 cents .
I think It may likely continue to trend higher!


Pls dyodd.

1st February 2019
Nice breakout was happening two days ago, looks Bullish!


This could be the next Huat counter!


Likely to retest 60 then 62.5 with extension to 70 cents .

Pls dyodd.


24 Jan 2019
Chiong ah! TA wise , looks bullish on the daily chart patterns. Looks like it may likely continue to trend higher to retest 62 cents .




 Crossing over of 62 cents with ease + good volume that may drive the price higher to 70 then 80 with extension to 1.00.


 Not a call to buy or sell. Pls dyodd.




g Leong Asia Ltd., an investment holding company, manufactures and distributes diesel engines and related products, consumer products, building materials, industrial packaging products, and air-conditioning systems in the People’s Republic of China, Singapore, Malaysia, and internationally. The Diesel Engines segment offers light-duty, medium-duty, and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, and marine and agriculture applications; engines for diesel-powered generators; automobile spare parts; and maintenance and retrofitting services. This segment offers diesel, natural gas, and hybrid engines to original equipment manufacturers and retailers. The Consumer Products segment provides refrigerators, freezers, wine chillers, coolers, air-conditioners, and washing machines for residential customers. The Building Materials segment offers cement, pre-cast concrete products, ready-mix concrete, and quarry products for the construction industry. The Industrial Packaging segment provides container components; and rigid plastic packaging products for the industrial and consumer packaging markets, including personal care, household, food and beverage, lubricant, and chemical markets. The Air-conditioning Systems segment offers air-conditioning (AC) systems and lifestyle consumer appliances, including central AC, multi-split, residential heat pump, floor heating, and variable refrigerant flow systems; fan coils; air cooled and water cooled chillers; and air handling units under the brand names of Airwell and Fedders for use in residential, commercial, and industrial applications, as well as in private households. The company is also involved in the hospitality and property development activities. The company was founded in 1941 and is headquartered in Singapore. Hong Leong Asia Ltd. is a subsidiary of Hong Leong Corporation Holdings Pte Ltd.

Friday, February 15, 2019

SingMedical

TA wise, looks Bullish!
After rising to a high of 46 cents , it is now taking a break.


Looking good for it to re-attempt 46 again ! Breaking out smoothly + good volume that may drive the price higher towards 48 then 52.5 level .


Not a call to buy or sell.

Pls dyodd.



Singapore Medical Group Limited operates medical clinics and provides general medical services in Singapore. The company operates through three segments: Health Business, Diagnostic & Aesthetics Business, and Others. The Health Business segment offers general ophthalmological services, such as implantable contact lens, cataract surgery, glaucoma, and retinal disease treatment; orthopedic services comprising treatments for joint and cartilage injuries, knee and hip replacements, fractures, musculoskeletal and sports injuries, trauma care, and general orthopedics; and oncology services, including the prevention, diagnosis, and treatment of cancer, cancer screening and cancer genetic, and risk assessment. This segment also provides obstetrical and gynecological services for the wellness of women; otolaryngology services that offers diagnosis, evaluation, treatment, and management of conditions affecting the ear, nose, throat, and neck; dermatology services consisting of a range of medical, surgical, and cosmetic dermatology; general medicine and health screening services; and paediatrics services. The Diagnostic & Aesthetics Business segment provides radiology and diagnostic imaging services; refractive surgery services; dental services, including general dental services, prosthodontics, orthodontics, implant dentistry, oral surgery, and gum treatment; and aesthetics medicine services consisting of facial aesthetics, body aesthetics, facial and breast fillers, IPL, lasers, Botox, microdermabrasion minimally invasive Silhouette threadlift, and VASER-assisted LipoSelection. The Others segment offers business consultancy services. The company also develops software/e-commence applications for medical related services, as well as operates 35 clinics. Singapore Medical Group Limited was founded in 2005 and is based in Singapore.

Thursday, February 14, 2019

APAC Realty

A nice breaking out of the consolidation mode and cleared 51 cents smoothly and rises higher to hit 58.5 cents. Looks rather Bullish!



Likely to pull back or consolidate fir a while before rising you retest 58.5 again!


Meantime, it may pull back towards 51.5 to 54 region. Looking to add when the boat is back to 54 cents .

Not a call to buy or sell.

Pls dyodd.





Starhub

Result is out! 4th quarter result doesn't look good !QoQ Net profit of 15m down 70%. FY Net profit of 200m is down 27%.


 Propose a final dividend of 4 cents .
Going forward dividend will be slash from 4 cents to 2.25 cents .




Looks like we may see a Gap down effect tomorrow!
I think It may go below 1.80 level and slide further down towards 1.70 level.


 Not a call to buy or sell. Pls dyodd.

Tuesday, February 12, 2019

Genting Singapore

Chart wise, Uptrend still intact!
Getting ready for re-attempting 1.13 level.


Breaking out with ease+ good volume that may propel to drive the price higher to 1.20 then 1.30 level.

Pls dyodd.



26th Jan 2019
After hitting the high of 1.12, we have experienced some profit taking and saw it's price came down to close at 1.06. I think this is quite healthy.



After this correction hopefully, it is able to move up to re-attempt 1.10 again. Breaking out with ease + good volume that may drive the price higher to 1.18 and above .



Pls dyodd.


17th Jan 2019
Looks like it may move up to retest 1.11 level . Breaking out smoothly + good volume that may drive the price higher to 1.20 level and above.




Pls dyodd.


14th Jan 2019
Genting Sing TA wise , looks bullish!
Likely to continue to trend higher!



My Trading plan :
EP - 1.06
TP - 1.18-1.20
SL - 1.00

Not a call to buy or sell.
Pls Dyodd.



After touching the low of 95.5 cents, it had managed to recover and rises higher to hit 1.05, looks rather positive .

I think patience is needed in order  to see our rewards.




Short term wise, It would likely breakout 1.05 with ease and scale Higher towards 1.09-1.10 level .
Next resistance will be at about 1.18 level .

Not a call to buy or sell.




Pls dyodd.

Saturday, February 9, 2019

Asian Pay TV

Not much improvement since my previous posting on 18 Dec 2018 .

Looks like it is still not out of wood yet!

Short term wise, I think it may likely retest 13 again!
Breaking down would be rather bearish


Pls dyodd.


18 Dec 2018
TA wise, looks rather bearish! It has dropped more than the dividend of 1.625 cents from 16.5 cents and trading at 13.4 cents .




Hitting All-time-low. It seems like market is still not in favor of the current situation for this counter!



It may likely continue to head further South ! Short term wise,I think it may likely test 13 cents than 12 cents with extension to 10 cents .



 Not a call to buy or sell. Pls dyodd Trade/invest base on your own decision.

Friday, February 8, 2019

Best World

It has continued to rise further and closed higher at 3.30 level.
I think the speed of rising for this kind of scenario is not going to last. Retracement may happen any moment.

I won't be chasing but would be looking at opportunity to take advantage to go short .

I think is good to lock in your profit .

Not a call to sell or buy.

Pls dyodd.

8th Feb 2019
I think the danger is lurking!
High can go even higher. That is the mystery answer!


The current price of 3.19 is trading at All-Time-High.
I think price is hovering far away from its SMA lines which may likely retrace any moment.
Is good to be extra cautious and don't chase blindly!
The volume is low yet the price keep heading higher. RSI is entering into super overbought territories.


NAV is 0.279.
P/B is 11.41x
PE 26x
Dividend of 4.1 cents, Yield of 1.28%

Short term wise, I think it may likely Gap down and retest 2.88 level then 2.66.
Breaking down of 2.66 would be super bearish and may likely go down to revisit 2.35 level then 2.18.

With this kind of price, I would rather switch to SingTel the solid blue chip counter which is giving me a yield of 5.7%.


Not a call to buy or sell.

Pls dyodd.


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.


Thursday, February 7, 2019

Keppel Corp

TA wise, looks bearish!
Would it be able to hold up 6.00 support level! Failing which , it may go down to revisit 5.78 level and may be 5.67.



Dividend of 15 cents,ex-date on 29 April 2019 and pay date on 10 May is still pretty far away .

Not a call to buy or sell.


 Pls dyodd.


Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, and infrastructure businesses in Singapore, China, Brazil, other Far East and ASEAN countries, and internationally. It constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; researches and develops deepwater engineering works; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; and procures equipment and materials for the construction of offshore production facilities. The company is also involved in the trading and installation of hardware, industrial, marine, and building related products; provision of leasing services; sourcing, fabricating, and supply of steel components; ship repairing, shipbuilding, and conversion activities; marine contracting and ship owning business; painting, blasting, and process and sale of slag; property investment, management, and development activities; fund management; golf and hotel ownership and operation; development of marina lifestyle and residential properties; trading of construction materials; development of district heating and cooling systems; electricity generation and supply, and general wholesale trade businesses; purchase and sale of gaseous fuels; and trading of communication systems and accessories. In addition, it offers jacking systems, and heavy-lift equipment and related services; project management and procurement, towage, financial, real estate investment trust management, logistics and supply chain, warehousing and distribution, data center facilities management, travel agency, and metal fabrication services; housing services for marine workers; and technical consultancy for ship design and engineering works, as well as solid waste treatment solutions. The company was incorporated in 1968 and is based in Singapore.

Wednesday, February 6, 2019

SingTel

Lai ah SingTel Chiong ah!
Breaking out of 3.11 smoothly plus good volume that will propel to drive the price higher towards 3.20 and above .



Pls dyodd.


  1. 28th Dec 2018


Looks like it has managed to fill up the Gap today at 3.04/3.05.
Looking good for further upward move !

Immediate resistance is at 3.11.
Breaking out of 3.11 smoothly that mayclikmay drive the price higher to 3.20 and above .


Pls dyodd.


28th December 2018
TA Wise, looks bearish! After going ex.dividend on 18th Dec 2018, it has since corrected lower from $3.06 and went down to touch $2.87 before bouncing-off and head higher to close at $2.90 on 26th Dec. On 27th Dec , it has managed to do a Gap up and close well at $2.94.



I think it will need to overcome the hurdle at $3.02 in order to reverse this downtrend and head higher to fill up the Gap at $3.05 .

Breaking out of $3.05 with ease + good volume that may drive the price higher towards $3.11 and above.

Yearly dividend of 17.5 cents.
Yield of 5.95% base on current price of $2.94.


Not a call to buy or sell.

Pls dyodd.


Friday, February 1, 2019

UMS

Chart wise, looks Bullish!
A nice reversal patterns, looking good to trend higher!


The price is staying above it's SMA lines + MACD is rising up nicely likely to provide further upwards potential!


Short term wise, I think it may re-attempt 65 cents again! Breaking out with ease + good volume that may propel to drive the price higher to 70 cents with extension to 75 cents .

FY result is near the corner. If they can maintain the Final dividend of 2 cents, I think that may boost market confidence!


Not a call to buy or sell.

Pls dyodd.

Also do take note that company management has been buying back shares on many occasions, looks like they know better than us ..



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.