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Saturday, August 31, 2019

OCBC BANK

Indeed it has gone down to test 10.50 and managed to bounced off from the low of 10.46 to close well at 10.65,looks pretty encouraging move!


Are we out of the wood yet, I don't think so!
This is a temporary rebound and may likely move up to test 10.70 then 10.78 with extension to $11.00.

Not a call to buy or sell.
Pls Dodd.





23 August 2019
Today close lower at $10.63 looks like it may go down to retest $10.50 soon !
Pls dyodd.

15 August 2019
It went ex-dividend today and price Gap down more than the dividend of 25 cents and close lower at $10.70 down 41 cents, looks rather bearish!




Short term wise,I think it may go down to retest $10.50. Breaking down of $10.50 it may likely continue to slide down towards $10.00 with further falling down to $9.00.

Pls dyodd.


2nd August 2019
It has just released the 2nd qtr results ,Net profit for Q2 is up 1% to $1.2b. Dividend payout increase to 25 cents .

XD 15 Aug. Pay date 3rd October 2019.

Interim dividend of 25 cents, presume Final will be another 25 cents. Total 50 cents. The current price of $11.21 is yielding a yield of 4.4%.


But chart wise,it is showing a different story!
In fact, the price Gap down and is down 19 cents to $11.23 , coupled with quite a high volume this is rather bearish!

Short term Wise, I think it may go down to retest $11.05 then 10.82 with extension to $10.50.

Presume many would be eyeing to see if  $10.50 would show up again or even $10.00 to give a dividend yield of 5% that would be nice!

Not a call to buy or sell.

Pls dyodd.



Friday, August 30, 2019

STI ETF

Opportunity is here for those who dare to take action at the right moment!
Looks like it may rise further to retest 3.20 level and then 3.25 with extension to 3.30 level.

Pls dyodd.


17 August 2019
I think is about good time to take a look at this counter that is yielding 3.7+%. Much better than bank interest or certain corporate bond interest.


Chart wise, looks oversold!
But oversold can become oversold for a certain time frame.

I think is a no brainer strategy to apply DCA model on this counter.
Overtime, you will be able to get a nice average price X quantity.

Not a call to buy or sell.

Pls dyodd.



6th August 2019
Looks like opportunity is back again to take a look at this counter!


Seems oversold and RSI is staying below 20..



6th Jan 2019
The price is getting interesting now!


Looks like 3100 might be a good entry opportunity for me! 

Not a call to buy or sell.

Pls dyodd.


30th May 2019


I think is almost good time to revisit this STI ETF as can be seen from the chart, RSI has driven into oversold territory that is below 20. 


PE is about 11.14x  which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3+%.



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.

Thursday, August 29, 2019

DBS

Today ,finally see a Green bar after this prolonged selling down, looks positive!


Will it continue to follow-through and rises higher to retest 25.00  then 25.27 with extension to 26.00.

Not a call to buy or sell.

Pls Dyodd.


24 August 2019
Chart wise, looks bearish!
With Dow overnight dropped 600+ points, plus market sentiment/news not too rosy market is gearing towArds bear mode.



Short term wise,I think the price may go down to retest 24.01 the recent low. Breaking down of this level + high volume it may likely go further down to test 23.50 then 23.00.

Not a call to buy or sell.

Pls dyodd.




Wednesday, August 28, 2019

Keppel DC reit

Chart wise,looks bullish!
It has an impressive running up from $1.34 to reach the high of $1.79 !


The current price of $1.79 is staying above its SMA lines looks positive and may likely continue to trend higher.

Nav $1.06.
Dividend of 7.3 cents, yield is 4.06%.

Short term wise,I think this bullish momentum may continue to push the price higher to test $1.80 then $1.85 with extension $1.90.

Not a call to buy or sell.

Pls Dyodd.



Tuesday, August 27, 2019

Maple NAC Tr

Wah! Not bad! It is rising back to $1.31 level! If the momentum continue,we may see it moving up to retest $1.35 .


Short term wise, I think a nice breaking out of $1.31 level plus good volume that may drive the price higher to $1.35 then $1.40 with extension to $1.45 level.

Not a call to buy or sell.

Pls dyodd.

Monday, August 26, 2019

SINGTEL

Chart wise,looks super bearish!
The current price of $3.15 is staying below it's SMA lines + MacD is still trending download likely to see further weakness!


Short term wise,I think it may retest the pivot low of $3.12.Breaking down of this level may likely test $3.10 then $3.00 with extension to $2.90.

Not a call to buy or sell.

Pls dyodd.


Saturday, August 24, 2019

Dbs

Chart wise, looks bearish!
With Dow overnight dropped 600+ points, plus market sentiment/news not too rosy market is gearing towArds bear mode.


Short term wise,I think the price may go down to retest 24.01 the recent low. Breaking down of this level + high volume it may likely go further down to test 23.50 then 23.00.

Not a call to buy or sell.

Pls dyodd.






Friday, August 23, 2019

OCBC

Today close lower at $10.63 looks like it may go down to retest $10.50 soon !
Pls dyodd.

15 August 2019
It went ex-dividend today and price Gap down more than the dividend of 25 cents and close lower at $10.70 down 41 cents, looks rather bearish!




Short term wise,I think it may go down to retest $10.50. Breaking down of $10.50 it may likely continue to slide down towards $10.00 with further falling down to $9.00.

Pls dyodd.


2nd August 2019
It has just released the 2nd qtr results ,Net profit for Q2 is up 1% to $1.2b. Dividend payout increase to 25 cents .

XD 15 Aug. Pay date 3rd October 2019.

Interim dividend of 25 cents, presume Final will be another 25 cents. Total 50 cents. The current price of $11.21 is yielding a yield of 4.4%.


But chart wise,it is showing a different story!
In fact, the price Gap down and is down 19 cents to $11.23 , coupled with quite a high volume this is rather bearish!

Short term Wise, I think it may go down to retest $11.05 then 10.82 with extension to $10.50.

Presume many would be eyeing to see if  $10.50 would show up again or even $10.00 to give a dividend yield of 5% that would be nice!

Not a call to buy or sell.

Pls dyodd.



Thursday, August 22, 2019

HongkongLand

Today it went ex-dividend but price fallen off more than the dividend of 6 cents , down 15 cents to close at $5.70, doesn't looks good!


Looks like it may go down to retest $5.50 level.

If $5.50 cannot hold up well then we may see the price going down to retest $5.40 then $5.19 level.

Pls dyodd.


17 Aug 2019
HongkongLand USD(H78.SI)

I have entered a trade on Wednesday sawing the first Green bar appeared on the chart on Tuesday after the continuous selling chart patterns for this counter.


Indeed we have witnessed the short term rebound on the next day that was Thursday & followed- through on Friday with 2 green bars. I have since taken this opportunity to lock in profit on Friday .
A 2 days job that earned me some extra pocket money. Quite good!

I am using Dbsv cash upfront account and the system auto calculated and convert from USD to SGD. Total amount was transacted in SGD.
Same manner when I sold off the share.


YZJ Shipbldg SGD(BS6.SI)


Also spotted quite similar chart patterns being appearing on YZJ.

We may likely see a short rebound happening as well/

Not a call to buy or sell.

Pls dyodd.





Monday, August 19, 2019

Jardine C&C

Sold down from $38 to a low of $30.00 ,looks pretty oversold as can be seen from the RSI indicator.


Chart wise,looks bearish!
$30.00 seem to be a good support level and if it is able to hold up well and a short rebound may take it higher to retest $31.68 level.

XD on 27 Aug for US$0.18
Yearly dividend is about US$0.77.

NAV is about $21.

Not a call to buy or sell.

Pls dyodd.


Sunday, August 18, 2019

Frasers Property

Frasers Property (TQ5).

First Green bar spotted after the selling down from $1.90 to a low of $1.73 , looks interesting!


Dividend of 8.6 cents.
NAV of $2.586.
Yield of 4.95%

Immediate support is at $1.94.
Looks like we may see a short rebound !

Not a call to buy or sell.

Pls dyodd.


Jumbo

Jumbo (42R)
Heard the National Day Rally speech mentioning about this company .


Chart wise, looks bearish!
It has been on a selling down mode as can be seen on the weekly chart.

Daily chart also doesn't fare better!
It will need to rise up above run away from 40 cents in order to revert this downtrend.


If not, a breaking down of 36 cents may dive further down towards 30 cents and below .

Not a call to buy or sell.

Pls dyodd.




Saturday, August 17, 2019

HongkongLand USD & YZJ

HongkongLand USD(H78.SI)

I have entered a trade on Wednesday sawing the first Green bar appeared on the chart on Tuesday after the continuous selling chart patterns for this counter.


Indeed we have witnessed the short term rebound on the next day that was Thursday & followed- through on Friday with 2 green bars. I have since taken this opportunity to lock in profit on Friday .
A 2 days job that earned me some extra pocket money. Quite good!

I am using Dbsv cash upfront account and the system auto calculated and convert from USD to SGD. Total amount was transacted in SGD.
Same manner when I sold off the share.


YZJ Shipbldg SGD(BS6.SI)


Also spotted quite similar chart patterns being appearing on YZJ.

We may likely see a short rebound happening as well/

Not a call to buy or sell.

Pls dyodd.





Hi-P

Hi-P could be one of the privatisation targets. Its current majority shareholder (Mr Yao Hsiao Tung) already owns 84 percent of the company.

Chart wise, it has managed to reject the low of $1.13 and close higher at $1.16, looks like it may move up to retest $1.21 level.


Breaking out of $1.21 level with good volume that may see the price rises higher towards $1.31 level .

Not a call to buy or sell.

Pls dyodd.


STI ETF


I think is about good time to take a look at this counter that is yielding 3.7+%. Much better than bank interest or certain corporate bond interest.


Chart wise, looks oversold!
But oversold can become oversold for a certain time frame.

I think is a no brainer strategy to apply DCA model on this counter.
Overtime, you will be able to get a nice average price X quantity.

Not a call to buy or sell.

Pls dyodd.



6th August 2019
Looks like opportunity is back again to take a look at this counter!


Seems oversold and RSI is staying below 20..



6th Jan 2019
The price is getting interesting now!


Looks like 3100 might be a good entry opportunity for me! 

Not a call to buy or sell.

Pls dyodd.


30th May 2019

I think is almost good time to revisit this STI ETF as can be seen from the chart, RSI has driven into oversold territory that is below 20. 


PE is about 11.14x  which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3+%.



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.

Friday, August 16, 2019

Ascendas Reit

Chart wise, looks bearish!
Will it go down to retest the recent low of $2.99, we will know the answer the next coming week!


Short term wise, I think it may likely go down to retest $2.99. Breaking down of $2.99 with high volume that may see the price sliding further down towards 2.90 then 2.87 level.

Not a call to buy or sell.

Pls dyodd.




Thursday, August 15, 2019

OCBC Bank

It went ex-dividend today and price Gap down more than the dividend of 25 cents and close lower at $10.70 down 41 cents, looks rather bearish!



Short term wise,I think it may go down to retest $10.50. Breaking down of $10.50 it may likely continue to slide down towards $10.00 with further falling down to $9.00.

Pls dyodd.


2nd August 2019
It has just released the 2nd qtr results ,Net profit for Q2 is up 1% to $1.2b. Dividend payout increase to 25 cents .

XD 15 Aug. Pay date 3rd October 2019.

Interim dividend of 25 cents, presume Final will be another 25 cents. Total 50 cents. The current price of $11.21 is yielding a yield of 4.4%.


But chart wise,it is showing a different story!
In fact, the price Gap down and is down 19 cents to $11.23 , coupled with quite a high volume this is rather bearish!

Short term Wise, I think it may go down to retest $11.05 then 10.82 with extension to $10.50.

Presume many would be eyeing to see if  $10.50 would show up again or even $10.00 to give a dividend yield of 5% that would be nice!

Not a call to buy or sell.

Pls dyodd.


Wednesday, August 14, 2019

Accordia Golf Tr

First quarter result is out!

Operating income: Improved 1.4% YoY ➢ Attributed to an increase in the number of players

• Operating profit: Grew 12.2% YoY ➢ Due to the effect of newly adopted accounting standard,

 IFRS 16 Leases (details on page 14) ➢ Without the effect of IFRS 16, operating profit would have

been JPY3,160 million (+2.4% YoY) • Distributable income: Surged 35.2% YoY ➢ Largely due to

the refinancing costs reserved (1Q FY19/20: Nil, 1Q FY18/19: JPY4521 million)


DPU per unit is 2.57 cents. Beautiful! Versus last year 1.86 cents.

NAV of 73 cents.

Gearing ratios of 30.1%.



Distribution Policy
Trustee-Manager will distribute at least 90.0% of AGT’s distributable income, with the actual level of distribution to be determined at the Trustee-Manager board’s discretion, having regard to funding requirements, other capital management considerations and ensuring the overall stability of distributions. AGT will make distributions to Unitholders on a semi-annual basis, with the amount calculated as at 31 March and 30 September each year for the six-month period ending on each of the said dates.


Not a call to buy or sell.

Pls dyodd.





Monday, August 12, 2019

Mapletree NAC Tr

TA wise, looks bearish!
Likely to breakdown $1.29 and continue to trend lower!


The current price is staying below it's SMA lines that may likely continue to go lower.

Short term wise, I think breaking down of $1.29 it may likely go down to retest 1.24 then 1.20 with extension to 1.18 level.

Not a call to buy or sell.

Pls dyodd.


CapitaCom Trust

My targeting price of $2.13 and $2.05 has been hit.
Next we could be seeing her going down to retest $1.90 level.

Not a call to buy or sell.

Pls dyodd.

4th July 2019
After hitting the high of 2.31, it has finally retraced lower to touch 2.13 and close a bit higher at 2.17 ,looks rather bearish!


It has just released it's quarter result today with DPU slightly increased from 2.19 to 2.2 cents.

I think market doesn't really react positively to this financial result as price has weaken 1 pip from yesterday closing price of 2.18.


It may go down to retest 2.13 the recent low. Breaking down would be rather bearish and may set the tone for further sliding down to 2.05 then 1.99 level.

Pls dyodd.

4th July 2019
Chart wise, it had a very good running up from $1.90 to $2.26 level seems overly extended.
I think high chance it may pull back or reverse !

NAV is $1.815.
DPU of 8.7 cents.
Yield is 3.84%



For investing wise, it is getting overpriced and trading at super premium price.
It has failed my selection criteria for Reits investing that is yielding below 5.5% and having a Price/Book value of 1.245 . Ideally,would prefer to be below P/B of 1 or 0.9x .

When recession set in, I think rental revenue may drop and the yield may be even lower.

Trading wise, I am waiting for the reversal trend to be triggered anytime soon !
This is looking juicy for a shorting candidate!

Not a call to sell or buy.

Pls dyodd.