Position Sizing - it plays an important role of protecting the trader for being over exposed to a particular trade by minimizing the risk .
The percentage (%) of risk can be measure in terms of 1-5 or 6-10 % that you can afford to loss for each trade.
How to work out the maximum quantity for each trade that depends of each an individual risk tolerance level.
For example, person A can only tolerate a loss of 3% for each trade.
Let's say he has $10000 as capital. 3% risk appetite.
The formula is roughly as follow:-
10000 x 3% ( risk per trade - 1-10%)
--------------------------------------------
Entry Price less Cut Loss price
= 300
--------------------------
$1.00(EP) - $0.95(SL)
300
= ------- = 6000 share.
0.05
Person A capital for his /her trade is 6000 x $1.00 = $6000
For example , person B risk appetite is 5%.
let's say he or she has $12000 as capital , 5% risk exposure.
The formula is roughly as follows:-
12000 x 5% (% risk per trade)
-------------------------------------
$1.10(EP) less $1.01(SL)
600
= ---------
0.09
= 6600 share.
Person B, he/she capital for this trade would be 6600 x $1.10 = $7260
The above example is meant for educational illustration and is not an advice or recommendation for any particular stock trading.
Pls dyodd.
https://spore-share.com or sporeshare.blogspot.com It is very important to equip and educate ourselves with the Trading or investing knowledge. Don’t rely on tips! Ensure we have a proper plan in place whenever we enter a trade. Don’t speculate and trade without knowing what you are trying to achieve. Only trade when the trading opportunity arise. All information provided is just just for sharing. (Trade/Invest base on your own decision!)
Pages
▼
Pages
▼
Saturday, March 30, 2019
Friday, March 29, 2019
Sarine Tech
After touching the low of 35.5 cents, it had managed to stage a strong rebound and take it higher to hit 49.5 cents ! Coupled with high volume this is rather bullish!
It is now taking a break and may likely resume this Uptrend mode to re-attempt 49.5 cents again.
MACD is rising which may likely provide further indication of rising further?
Short term wise, I think a breakout of 49.5 with good volume that mat drive the share Higher to 54 then 59 with extension to 64 cents .
NAV of about 26 cents .
PE 15.5x.
Dividend yield of 5.7%.
Not a call to buy or sell.
Pls dyodd.
It is now taking a break and may likely resume this Uptrend mode to re-attempt 49.5 cents again.
MACD is rising which may likely provide further indication of rising further?
Short term wise, I think a breakout of 49.5 with good volume that mat drive the share Higher to 54 then 59 with extension to 64 cents .
NAV of about 26 cents .
PE 15.5x.
Dividend yield of 5.7%.
Not a call to buy or sell.
Pls dyodd.
Thursday, March 28, 2019
First reit
This healthcare reit counter has been punished with a fall of the price from 1.28 to a low of 94 cents .
NAV of 1.023.
DPU quarterly of 2.15 cents, yearly 8.6 cents , Yield 8.7%.
Their NPI seems healthy and Dpu is being paid out below its NPI level .
It seems to me that the market has over-reacted!
The current agreement with LK , I think is valid till 2021. Unless there is news about the revision of this contract agreement, I think Dpu may not be affected for now till 2021.
Is always good to be cautious!
I think hospital demand will only be increasing year after years.
As an investor you have to do our own analysis.
TA wise, looks like is on a consolation mode .
Boringer band is getting tighter .
CCI is about to rise up.
A breakout of 1.01 with ease plus good volume that may drive the price higher towards 1.04 then 1.09 with extensions to 1.05 level .
Not a call to buy or sell.
Pls Dyodd.
NAV of 1.023.
DPU quarterly of 2.15 cents, yearly 8.6 cents , Yield 8.7%.
Their NPI seems healthy and Dpu is being paid out below its NPI level .
It seems to me that the market has over-reacted!
The current agreement with LK , I think is valid till 2021. Unless there is news about the revision of this contract agreement, I think Dpu may not be affected for now till 2021.
Is always good to be cautious!
I think hospital demand will only be increasing year after years.
As an investor you have to do our own analysis.
TA wise, looks like is on a consolation mode .
Boringer band is getting tighter .
CCI is about to rise up.
A breakout of 1.01 with ease plus good volume that may drive the price higher towards 1.04 then 1.09 with extensions to 1.05 level .
Not a call to buy or sell.
Pls Dyodd.
Tuesday, March 26, 2019
Frasers Comm trust
Wah! Value is appealing again!
Trading at 1.42, yield is 6.76%.
NAV 1.574.
P/B 0.9.
DPU of 9.6 cents . Seems oversold and is looking attractive again!
This is being managed by a good sponsor, Frasers Property. Gearing is below 30%.
I am happy to accumulate a bit and collect DPU while waiting for price to rise back to its fair value.
Not a call to buy or sell. Pls Dyodd.
This is being managed by a good sponsor, Frasers Property. Gearing is below 30%.
I am happy to accumulate a bit and collect DPU while waiting for price to rise back to its fair value.
Not a call to buy or sell. Pls Dyodd.
Daily Farm
After touching the low of $7.02, it had made a very impressive recovery mode and rises higher to hit $8.26 level, looks rather bullish!
Short term wise, looks like we are going to see it rises further to retest $8.65 then $9.00 and above .
NAV $1.07.
PE 121x..
Not a call to buy or sell.
Pls dyodd.
Short term wise, looks like we are going to see it rises further to retest $8.65 then $9.00 and above .
NAV $1.07.
PE 121x..
Not a call to buy or sell.
Pls dyodd.
Monday, March 25, 2019
SSB bond
April SSB offering 1.96% for the first 3 years seems not bad!
Tomorrow is the closing date for applying before 9pm.
I just logged in to apply via SRS .
Seems quite easy .
Just park there to collect some interest.
I think is a good way to enjoy slightly higher interest.
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.
Tomorrow is the closing date for applying before 9pm.
I just logged in to apply via SRS .
Seems quite easy .
Just park there to collect some interest.
I think is a good way to enjoy slightly higher interest.
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.
Sunday, March 24, 2019
First Reit
I think Dividend yield is only relevant if the Dividend is safe .
It is worth reviewing the financial condition and ability of these vonpacompto support their dividend payouts .
Last Friday close below the psychological level of 1.00 at 99 cents may likely see further selling down pressure.
Short term wise, likely to challenge the support at 98 then 94 cents again !
Pls dyodd.
1st March 2019 Chart wise , looks bearish!
Today we had witnessed a wide Bearish reversal bar , likely to continue to trend lower !
Coupled with high volume this is Rather negative.
Short term wise it may go down to retest 1.01 level . Breaking down of 1.01 may see it slide further down towards 98 then 95 cents .
NAV 1.023.
Quarterly DPU 2.15 cents.
Yearly dividend of 8.6 cents .
Yield of 8+%.
Not a call to buy or sell.
Pls dyodd.
It is worth reviewing the financial condition and ability of these vonpacompto support their dividend payouts .
Last Friday close below the psychological level of 1.00 at 99 cents may likely see further selling down pressure.
Short term wise, likely to challenge the support at 98 then 94 cents again !
Pls dyodd.
1st March 2019 Chart wise , looks bearish!
Today we had witnessed a wide Bearish reversal bar , likely to continue to trend lower !
Coupled with high volume this is Rather negative.
Short term wise it may go down to retest 1.01 level . Breaking down of 1.01 may see it slide further down towards 98 then 95 cents .
NAV 1.023.
Quarterly DPU 2.15 cents.
Yearly dividend of 8.6 cents .
Yield of 8+%.
Not a call to buy or sell.
Pls dyodd.
Saturday, March 23, 2019
GL limited
TA wise, looks Bullish!
It has managed to broken out of the consolidation mode of 75 cents and close well at 76.5 cents.
RSI is still rising up nicely which may provide further indication to go higher. Also current price of 76.5 is staying above it's SMA lines looks positive.
Short term wise, likely to re-attempt 78 cents ! Breaking out with ease + good volume that may propel to drive the price higher to 80 then 85 with extension to 90 cents .
NAV $1.14.
Dividend 2.2 cents
Yield 2.8%
If you browse through sgx company announcement, you can notice the company dir has been actively buying back shares!
Not a call to buy or sell.
Pls dyodd.
RSI is still rising up nicely which may provide further indication to go higher. Also current price of 76.5 is staying above it's SMA lines looks positive.
Short term wise, likely to re-attempt 78 cents ! Breaking out with ease + good volume that may propel to drive the price higher to 80 then 85 with extension to 90 cents .
NAV $1.14.
Dividend 2.2 cents
Yield 2.8%
If you browse through sgx company announcement, you can notice the company dir has been actively buying back shares!
Not a call to buy or sell.
Pls dyodd.
StarHub Free Cash Flow versus Dividend payment & Bank Loan
Let us work out the Free cash flow for StarHub base on their financial result for 2018.
As can be seen from their Cash Flow statement for FY2018, Ops cash flow after working capital changes is $446.6m.
FCF = $446.6m less CAPEX of $ 272.8m = $ 173.7m.
Dividend of about 9 cents (2.25 cents x 4) to be paid out for Y2019 is about 1,730,698,702 shares X $90 , which is about $155.76m.
It looks like the FCF of $173.7m less dividend of 9 cents to be paid in Y2019 of $155.76m,we have a positive FCF of $17.94m.
However, if we take a look at the Bank loan to be paid up in one year is $50.1m.
Therefore, I think the balance of FCF of 17.94 is not sufficient to cover the bank loan $50.1m beside the interest to be payable for the remaining bank loans + perpetual notes etc.
The group net debts level is quite high at 1.52x.
This is just my observation base on the financial figures being extracted from the FY2018 statement.
This is just for sharing and not a call to buy or sell for this counter.
It is good to do you own analysis.
As can be seen from their Cash Flow statement for FY2018, Ops cash flow after working capital changes is $446.6m.
FCF = $446.6m less CAPEX of $ 272.8m = $ 173.7m.
Dividend of about 9 cents (2.25 cents x 4) to be paid out for Y2019 is about 1,730,698,702 shares X $90 , which is about $155.76m.
It looks like the FCF of $173.7m less dividend of 9 cents to be paid in Y2019 of $155.76m,we have a positive FCF of $17.94m.
However, if we take a look at the Bank loan to be paid up in one year is $50.1m.
Therefore, I think the balance of FCF of 17.94 is not sufficient to cover the bank loan $50.1m beside the interest to be payable for the remaining bank loans + perpetual notes etc.
The group net debts level is quite high at 1.52x.
This is just my observation base on the financial figures being extracted from the FY2018 statement.
This is just for sharing and not a call to buy or sell for this counter.
It is good to do you own analysis.
Friday, March 22, 2019
StarHub
Chart wise, looks rather bearish!
High chance it may retest 1.50 again.
Breaking down of 1.50 + high volume that may see the price slide further down to 1.47 then 1.40 with extension to 1.30 level.
RSI is also pointing downward, high chance it may continue to go lower !
For those that are thinking that value may be appealing, I think is good to look through their financial results and also is safer to wait for any Reversal sign before deciding to invest into this counter.
Not a call to buy or sell.
Pls dyodd.
High chance it may retest 1.50 again.
Breaking down of 1.50 + high volume that may see the price slide further down to 1.47 then 1.40 with extension to 1.30 level.
RSI is also pointing downward, high chance it may continue to go lower !
For those that are thinking that value may be appealing, I think is good to look through their financial results and also is safer to wait for any Reversal sign before deciding to invest into this counter.
Not a call to buy or sell.
Pls dyodd.
Thursday, March 21, 2019
Capitaland
Chart wise, looks bullish!
Today it has managed to do a Gap up and close well at $3.51 , up 4 cents, coupled with high volume this is rather bullish!
Short term wise, I think it may likely move up to re-attempt $3.53 again. Breaking out of $3.53 with ease + good volume that may propel to drive the price higher towards $3.60 with extension to $3.67.
NAV $4.54.
Dividend of 12 cents.
Yield 3.4%
PE 8.35
Not a call to buy or sell.
Pls dyodd.
CapitaLand Limited, together with its subsidiaries, develops, owns, and manages real estate properties in Singapore, North America, Europe, Asia, the United Kingdom, and internationally. The company operates through CapitaLand Singapore, CapitaLand China, CapitaLand Vietnam, and CapitaLand International segments. Its real estate portfolio includes integrated developments, shopping malls, lodging, offices, homes, and real estate investment trusts and funds. CapitaLand Limited also invests in real estate financial products and assets; and provides investment advisory and management services, as well as real estate asset management services. The company was formerly known as Pidemco Land Limited and changed its name to CapitaLand Limited in November 2000. CapitaLand Limited was founded in 1989 and is headquartered in Singapore.
Today it has managed to do a Gap up and close well at $3.51 , up 4 cents, coupled with high volume this is rather bullish!
Short term wise, I think it may likely move up to re-attempt $3.53 again. Breaking out of $3.53 with ease + good volume that may propel to drive the price higher towards $3.60 with extension to $3.67.
NAV $4.54.
Dividend of 12 cents.
Yield 3.4%
PE 8.35
Not a call to buy or sell.
Pls dyodd.
CapitaLand Limited, together with its subsidiaries, develops, owns, and manages real estate properties in Singapore, North America, Europe, Asia, the United Kingdom, and internationally. The company operates through CapitaLand Singapore, CapitaLand China, CapitaLand Vietnam, and CapitaLand International segments. Its real estate portfolio includes integrated developments, shopping malls, lodging, offices, homes, and real estate investment trusts and funds. CapitaLand Limited also invests in real estate financial products and assets; and provides investment advisory and management services, as well as real estate asset management services. The company was formerly known as Pidemco Land Limited and changed its name to CapitaLand Limited in November 2000. CapitaLand Limited was founded in 1989 and is headquartered in Singapore.
Wednesday, March 20, 2019
DBS Bank
Chart wise still trading in a consolidation mode pattern.
It would need a convincingly breakout of $25.54 in order to rise further.
Crossing over of 25.54 with ease plus good volume, that may propel to drive the price higher towards $25.90 with extension to $26.20 level.
dividend of 60 cents.
ex-dividend on 2nd May.
Pay date 17th May.
I think price may start to rise higher when closer to ex-dividend date.
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.
It would need a convincingly breakout of $25.54 in order to rise further.
Crossing over of 25.54 with ease plus good volume, that may propel to drive the price higher towards $25.90 with extension to $26.20 level.
dividend of 60 cents.
ex-dividend on 2nd May.
Pay date 17th May.
I think price may start to rise higher when closer to ex-dividend date.
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.
Monday, March 18, 2019
Japfa
Chart wise , looks bearish!
After hitting the high of 84 cents, it has since corrected sharply and continue to go down to touch 63.5 cents.
Yesterday it has managed to close slightly higher at 65 cents.
The volume was extremely high that may likely indicate the selling has almost completed.
The positive sign is that it has managed to bounce-off from the lower Trend line .
Short term wise, we may see a technical rebound to take it higher towards 72 then 76 cents .
Not a call to buy or sell.
Pls dyodd.
NAV 58 cents.
EPS of 7.39 cents.
PE is below 9.
Dividend of 2 cents was being declared.
After hitting the high of 84 cents, it has since corrected sharply and continue to go down to touch 63.5 cents.
Yesterday it has managed to close slightly higher at 65 cents.
The volume was extremely high that may likely indicate the selling has almost completed.
The positive sign is that it has managed to bounce-off from the lower Trend line .
Short term wise, we may see a technical rebound to take it higher towards 72 then 76 cents .
Not a call to buy or sell.
Pls dyodd.
NAV 58 cents.
EPS of 7.39 cents.
PE is below 9.
Dividend of 2 cents was being declared.
Hong Leong Fin
I think Hong Leong Finance can be treated as a dividend play counter! It offers 5.5% yield plus 7-10% dividend growth! Fabulous!
Although the ROE is lesser than the local bank counter that is achieving double digits ROE but at 6.45% is still considered quite good.
I am treating this counter as a dividend income investment as opine to the capital appreciation .
This is still considered as a high yield dividend yield counter that is giving a dividend yield of 5.5%.
Pls dyodd.
Chart wise, looks bullish!
The current price of 2.73 is staying well above its 20,50 & 200 days moving average, looks like it may likely continue to trend higher.
RSI is still rising nicely upwards and may provide further indication of rising further.
Short term wise, I think it may likely re-attempt 2.75.
Breaking our of 2.75 smoothly + good volume that may propel to drive the price higher towards 2.80 then 2.83.
Dividend of 10 cents dividend going XD on 6th May 2019.
Together with interim dividend of 5 cents, yearly dividend of 15 cents looks quite attractive.
NAV 4.205.
P/B 0.649.
PE 10.24
Not a call to buy or sell.
Pls dyodd.
Although the ROE is lesser than the local bank counter that is achieving double digits ROE but at 6.45% is still considered quite good.
I am treating this counter as a dividend income investment as opine to the capital appreciation .
This is still considered as a high yield dividend yield counter that is giving a dividend yield of 5.5%.
Pls dyodd.
Chart wise, looks bullish!
The current price of 2.73 is staying well above its 20,50 & 200 days moving average, looks like it may likely continue to trend higher.
RSI is still rising nicely upwards and may provide further indication of rising further.
Short term wise, I think it may likely re-attempt 2.75.
Breaking our of 2.75 smoothly + good volume that may propel to drive the price higher towards 2.80 then 2.83.
Dividend of 10 cents dividend going XD on 6th May 2019.
Together with interim dividend of 5 cents, yearly dividend of 15 cents looks quite attractive.
NAV 4.205.
P/B 0.649.
PE 10.24
Not a call to buy or sell.
Pls dyodd.
Saturday, March 16, 2019
Sembcorp Ind
Chart wise, looks bearish!
I think it may challenge the pivot low of 2.48 again!
Breaking down on 2.48 would be super bearish!
RSI is pointing downward, looks like it may continue to trend lower.
Short term wise, I think is good to monitor for clarity to see if there is any rebound or reversal to divert this downtrend direction. Failing which , it may go down to test 2.40 then 2.30 with extension to 2.00.
Not a call to buy or sell.
Pls dyodd.
RSI is pointing downward, looks like it may continue to trend lower.
Short term wise, I think is good to monitor for clarity to see if there is any rebound or reversal to divert this downtrend direction. Failing which , it may go down to test 2.40 then 2.30 with extension to 2.00.
Not a call to buy or sell.
Pls dyodd.
Friday, March 15, 2019
SingTel
SingTel managed to bounce-off from 2.92 and stage a nice recovery to close at 3.03 yesterday, looks Bullish!
A nicenwhite soldiers ( 2 Gap up) coupled with high volume this is rather positive!
Likely to rise further to retest 3.10!
Crossing over with ease + good volume that may drive the price higher to 3.20 then 3.25 level .
Not a call to buy or sell.
Pls dyodd.
1st March 2019
SingTel is trading at 2.94 which is pretty attractive that come with a dividend yield of 5.95%.
The management has mentioned during the financial result for Full year 2018 that the company likely to maintain its ordinary dividends at 17.5 cents per share for the next two financial years.
In a sideways-moving market environment in which the Dividend yield may well be All that you get for the next few years, the telco standout .
Quote: Dividend Policy Singtel is committed to delivering dividends that increase over time with growth in underlying earnings. Its dividend payout ratio is between 60% and 75% of underlying net profit. Singtel is also committed to maintaining an optimal capital structure and investment credit grade ratings.
Barring unforeseen circumstances, it expects to maintain its ordinary dividends at 17.5 cents per share for the next two financial years and thereafter revert to the payout ratio of between 60% to 75% of its underlying net profit.
For the past 5 years track record , its FCF has no problem to maintain in supporting the dividend payout policy . I am looking to add at 2.90 and below .
Not a call to buy or sell.
Pls dyodd.
A nicenwhite soldiers ( 2 Gap up) coupled with high volume this is rather positive!
Likely to rise further to retest 3.10!
Crossing over with ease + good volume that may drive the price higher to 3.20 then 3.25 level .
Not a call to buy or sell.
Pls dyodd.
1st March 2019
SingTel is trading at 2.94 which is pretty attractive that come with a dividend yield of 5.95%.
The management has mentioned during the financial result for Full year 2018 that the company likely to maintain its ordinary dividends at 17.5 cents per share for the next two financial years.
In a sideways-moving market environment in which the Dividend yield may well be All that you get for the next few years, the telco standout .
Quote: Dividend Policy Singtel is committed to delivering dividends that increase over time with growth in underlying earnings. Its dividend payout ratio is between 60% and 75% of underlying net profit. Singtel is also committed to maintaining an optimal capital structure and investment credit grade ratings.
Barring unforeseen circumstances, it expects to maintain its ordinary dividends at 17.5 cents per share for the next two financial years and thereafter revert to the payout ratio of between 60% to 75% of its underlying net profit.
For the past 5 years track record , its FCF has no problem to maintain in supporting the dividend payout policy . I am looking to add at 2.90 and below .
Not a call to buy or sell.
Pls dyodd.
Sunningdale Tech
Chart wise, looks bearish!
After hitting the high of 1.67, it has since retreated sharply and continue to slide further down towards 1.36.
Short term wise, if 1.36 cannot hold up well, next, we may see further selling down pressure to 1.32 then 1.25.
Not a call to sell or buy.
Pls dyodd.
Short term wise, if 1.36 cannot hold up well, next, we may see further selling down pressure to 1.32 then 1.25.
Not a call to sell or buy.
Pls dyodd.
UOL
Chart wise, looks bearish!
Today we had witnessed the severed selling down with a wide Bearish bar .
The bearish bar is engulfing the previous candlestick, looks rather negative! The current price of 6.45 is trading below it's SMA lines which may likely see further selling down pressure.
Short term wise , I think it may likely retest the recent low of 6.44.Breaking down with high volume it may continue to slide further down towards 6.28 then 6.00.
Not a call to buy or sell.
Pls dyodd.
The bearish bar is engulfing the previous candlestick, looks rather negative! The current price of 6.45 is trading below it's SMA lines which may likely see further selling down pressure.
Short term wise , I think it may likely retest the recent low of 6.44.Breaking down with high volume it may continue to slide further down towards 6.28 then 6.00.
Not a call to buy or sell.
Pls dyodd.
Thursday, March 14, 2019
Hong Leong Finance
Chart wise, looks bullish!
The current price of 2.73 is staying well above its 20,50 & 200 days moving average, looks like it may likely continue to trend higher.
RSI is still rising nicely upwards and may provide further indication of rising further.
Short term wise, I think it may likely re-attempt 2.75.
Breaking our of 2.75 smoothly + good volume that may propel to drive the price higher towards 2.80 then 2.83.
Dividend of 10 cents dividend going XD on 6th May 2019.
Together with interim dividend of 5 cents, yearly dividend of 15 cents looks quite attractive.
NAV 4.205.
P/B 0.649.
PE 10.24
Not a call to buy or sell.
Pls dyodd.
The current price of 2.73 is staying well above its 20,50 & 200 days moving average, looks like it may likely continue to trend higher.
RSI is still rising nicely upwards and may provide further indication of rising further.
Short term wise, I think it may likely re-attempt 2.75.
Breaking our of 2.75 smoothly + good volume that may propel to drive the price higher towards 2.80 then 2.83.
Dividend of 10 cents dividend going XD on 6th May 2019.
Together with interim dividend of 5 cents, yearly dividend of 15 cents looks quite attractive.
NAV 4.205.
P/B 0.649.
PE 10.24
Not a call to buy or sell.
Pls dyodd.
Wednesday, March 13, 2019
Genting Sing
Looks like it is gaining strength and may see a rebound from the current price of 1.01.
This could be the next champion socks counter !
Net cash position, PE of 16x versus industry PE of 19.2. . Dividend of 3.5 cents oils quite nice !
Likely to rise back to 1.08 then 1.10 with extensions to 1.20.
Not a call to buy or sell.
Pls dyodd.
Tuesday, March 12, 2019
hi-p
A bearish pin bar!
Likely to see further weakness and may likely see further selling down pressure.
it may go down to test 1.60 then 1.54 & 1.40 level.
Pls dyodd.
11th March 2019
I look at the chart it seems that it has overrun and is due for a retracement any moment!
It has runned up from 99 cents to a high of 1.72. went up too fast and too much at a short span of 10+ days .
The chart patterns looks like a parabolic situation and foresee anytime it
may fail, the selling down pressure might be at a greater speed . CCI is super overbought, a correction is likely to happen .
The similar situation has just been played out on SGX counter which saw it's share price falling from 8.05 to close at 7.47 today .
Not a call to buy or sell. Pls dyodd.
Likely to see further weakness and may likely see further selling down pressure.
it may go down to test 1.60 then 1.54 & 1.40 level.
Pls dyodd.
11th March 2019
I look at the chart it seems that it has overrun and is due for a retracement any moment!
It has runned up from 99 cents to a high of 1.72. went up too fast and too much at a short span of 10+ days .
The chart patterns looks like a parabolic situation and foresee anytime it
may fail, the selling down pressure might be at a greater speed . CCI is super overbought, a correction is likely to happen .
The similar situation has just been played out on SGX counter which saw it's share price falling from 8.05 to close at 7.47 today .
Not a call to buy or sell. Pls dyodd.
StarHub
Wow! Today nice rebound and close well at 1.56, coupled with high volume this is positive!
If it is able to cross over 1.60 with ease plus good volume then we may see it rises further to 1.68 and above .
This is purely bass on TA basis.
Not a call to buy or sell.
Pls dyodd.
If it is able to cross over 1.60 with ease plus good volume then we may see it rises further to 1.68 and above .
This is purely bass on TA basis.
Not a call to buy or sell.
Pls dyodd.
Monday, March 11, 2019
Hi-P
A bearish pin bar!
Likely to see further weakness and may likely see further selling down pressure.
it may go down to test 1.60 then 1.54 & 1.40 level.
Pls dyodd.
I look at the chart it seems that it has overrun and is due for a retracement any moment!
It has runned up from 99 cents to a high of 1.72. went up too fast and too much at a short span of 10+ days .
The chart patterns looks like a parabolic situation and foresee anytime it
may fail, the selling down pressure might be at a greater speed . CCI is super overbought, a correction is likely to happen .
The similar situation has just been played out on SGX counter which saw it's share price falling from 8.05 to close at 7.47 today .
Not a call to buy or sell. Pls dyodd.
Likely to see further weakness and may likely see further selling down pressure.
it may go down to test 1.60 then 1.54 & 1.40 level.
Pls dyodd.
I look at the chart it seems that it has overrun and is due for a retracement any moment!
It has runned up from 99 cents to a high of 1.72. went up too fast and too much at a short span of 10+ days .
The chart patterns looks like a parabolic situation and foresee anytime it
may fail, the selling down pressure might be at a greater speed . CCI is super overbought, a correction is likely to happen .
The similar situation has just been played out on SGX counter which saw it's share price falling from 8.05 to close at 7.47 today .
Not a call to buy or sell. Pls dyodd.
Raffles Medical
Chart wise, looks bearish!
Looks like it may go down to retest 1.05 .
Failing to hold at 1.05, perhaps we may see it slide further down towards 1.00 level.
Dividend of 2.5 cents . Yield is 2.3%. EPS is about 4 cents . PE 27x.
I think I would patiently wait for 1.00 to come back which is trading at PE 35x.
Not a call to buy or sell. Pls dyodd.
Failing to hold at 1.05, perhaps we may see it slide further down towards 1.00 level.
Dividend of 2.5 cents . Yield is 2.3%. EPS is about 4 cents . PE 27x.
I think I would patiently wait for 1.00 to come back which is trading at PE 35x.
Not a call to buy or sell. Pls dyodd.
Sunday, March 10, 2019
SingTel
SingTel is trading at 2.94 which is pretty attractive that come with a dividend yield of 5.95%.
The management has mentioned during the financial result for Full year 2018 that the company likely to maintain its ordinary dividends at 17.5 cents per share for the next two financial years.
Quote: Dividend Policy Singtel is committed to delivering dividends that increase over time with growth in underlying earnings. Its dividend payout ratio is between 60% and 75% of underlying net profit. Singtel is also committed to maintaining an optimal capital structure and investment credit grade ratings.
Barring unforeseen circumstances, it expects to maintain its ordinary dividends at 17.5 cents per share for the next two financial years and thereafter revert to the payout ratio of between 60% to 75% of its underlying net profit.
For the past 5 years track record , its FCF has no problem to maintain in supporting the dividend payout policy . I am looking to add at 2.90 and below .
Not a call to buy or sell.
Pls dyodd.
The management has mentioned during the financial result for Full year 2018 that the company likely to maintain its ordinary dividends at 17.5 cents per share for the next two financial years.
Quote: Dividend Policy Singtel is committed to delivering dividends that increase over time with growth in underlying earnings. Its dividend payout ratio is between 60% and 75% of underlying net profit. Singtel is also committed to maintaining an optimal capital structure and investment credit grade ratings.
Barring unforeseen circumstances, it expects to maintain its ordinary dividends at 17.5 cents per share for the next two financial years and thereafter revert to the payout ratio of between 60% to 75% of its underlying net profit.
For the past 5 years track record , its FCF has no problem to maintain in supporting the dividend payout policy . I am looking to add at 2.90 and below .
Not a call to buy or sell.
Pls dyodd.
Friday, March 8, 2019
OCBc Bank
TA wise, looks super bearish!
The current price of 11.05 is staying below it's 20,50,100 and 200 days moving average .
Likely to see further selling down pressure.
Short term wise, I think it will retest the recent low of 11.01 . Breaking down with high volume that may continue to drive the price lower to 10.78 then 10.60 with extension to 10.36.
Not a call to buy or sell.
Pls dyodd.
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 products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance 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; 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; and customized and structured equity-linked financing services. This segment 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 570 branches and representative offices in 19 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.
The current price of 11.05 is staying below it's 20,50,100 and 200 days moving average .
Likely to see further selling down pressure.
Short term wise, I think it will retest the recent low of 11.01 . Breaking down with high volume that may continue to drive the price lower to 10.78 then 10.60 with extension to 10.36.
Not a call to buy or sell.
Pls dyodd.
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 products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance 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; 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; and customized and structured equity-linked financing services. This segment 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 570 branches and representative offices in 19 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.
Thursday, March 7, 2019
Keppel Corp
Chart wise, looks bearish!
Likely to go down to test 6.00 again.
Breaking down of 6.00 would be critical as it is a strong support level . Next , could be seeing 5.85.
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.
Breaking down of 6.00 would be critical as it is a strong support level . Next , could be seeing 5.85.
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.
Sembcorp Marine
TA wise, looks bearish!
It is loosing momentum after touching the recent high of 1.78.
It has broken down the support at 1.69 and has continued to go lower to touch 1.64 today, looks rather weak.
Short term wise, I think it may retest 1.58 level .
Not a call to buy or sell.
Pls dyodd.
It has broken down the support at 1.69 and has continued to go lower to touch 1.64 today, looks rather weak.
Short term wise, I think it may retest 1.58 level .
Not a call to buy or sell.
Pls dyodd.
Ying Li Intl
Today we had witnessed a nice breakout moment for this counter!
A beautiful white soldier + Close well at 13.1 cents coupled with high volume this is rather Bullish!
Short term wise, I think it may move up to test 14 cents with extension to 15 cents .
As this is a penny counter, is good to exercise with extra cautious!
Not a call to buy or sell.
Pls dyodd.
Short term wise, I think it may move up to test 14 cents with extension to 15 cents .
As this is a penny counter, is good to exercise with extra cautious!
Not a call to buy or sell.
Pls dyodd.
Wednesday, March 6, 2019
APAC Realty
Nice Breakout of the recent high of 59.5 cents coupled with High volume this is rather Bullish!
Today close well at 60 cents and also managed to rise above it's 200 days moving average signifying bull is fully in control!
Likely to move up to retest 66 then 70 cents + the possibility of filling up the Gap at 77 cents .
Huat ah!
Pls dyodd.
2nd March 2019
TA wise , looks Bullish! Slight pull back after hitting the recent high of 59.5 cents. It is now taking a breather.
My Trading plan as follows:
EP - 59
TP - 70-78
SL - 54
You may apply position sizing. Everyone has different risk level.
Not a call to buy or sell.
Pls dyodd.
Today close well at 60 cents and also managed to rise above it's 200 days moving average signifying bull is fully in control!
Likely to move up to retest 66 then 70 cents + the possibility of filling up the Gap at 77 cents .
Huat ah!
Pls dyodd.
2nd March 2019
TA wise , looks Bullish! Slight pull back after hitting the recent high of 59.5 cents. It is now taking a breather.
My Trading plan as follows:
EP - 59
TP - 70-78
SL - 54
You may apply position sizing. Everyone has different risk level.
Not a call to buy or sell.
Pls dyodd.