18 ,looks rather positive!
Short term wise, I think it may go up to retest 1.24.
Breaking out smoothly plus good volume that may drive the price higher towards 1.31 then 1.40 level.
Not a call to buy or sell.
Monday, September 30, 2019
Hi-p
Today a white soldier appear on the chart ,up 5 cents to touch 1.
18 ,looks rather positive!
Short term wise, I think it may go up to retest 1.24.
Breaking out smoothly plus good volume that may drive the price higher towards 1.31 then 1.40 level.
Not a call to buy or sell.
18 ,looks rather positive!
Short term wise, I think it may go up to retest 1.24.
Breaking out smoothly plus good volume that may drive the price higher towards 1.31 then 1.40 level.
Not a call to buy or sell.
DBS
Chart wise, looks bearish!
The past 2 days were merely a throw back reaction when a stocks counter was on a downtrend direction.
I think likely to go down to retest $24.63 again!
Breaking down it will likely revisit 24.30 then 24.00 and below.
The volume for past 2 days wasn't high at all.
Not a call to buy or sell.
Pls dyodd.
21th September 2019
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
The past 2 days were merely a throw back reaction when a stocks counter was on a downtrend direction.
I think likely to go down to retest $24.63 again!
Breaking down it will likely revisit 24.30 then 24.00 and below.
The volume for past 2 days wasn't high at all.
Not a call to buy or sell.
Pls dyodd.
21th September 2019
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
First Reit
Chart wise, looks bearish!
The current price of $1.02 is staying below SMA lines & MACD are also trending downwards looks like it may continue to go lower!
Short term wise, I think it may likely retest 1.00 then 98 cents with further sliding down towards 95 cents.
Not a call to buy or sell. Pls dyodd.
The current price of $1.02 is staying below SMA lines & MACD are also trending downwards looks like it may continue to go lower!
Short term wise, I think it may likely retest 1.00 then 98 cents with further sliding down towards 95 cents.
Not a call to buy or sell. Pls dyodd.
Friday, September 27, 2019
Mapletree Ind trust
Chart wise, looks bullish!
With the recent announcement of acquiring the 13 Data Centres from North America from Digital Realty looks like this counter is fast becoming an alternative data-centre play.
DPU accretion of up to 3.5% that may see it current DPU of 12.4 cents increase to 12.83 cents.
Yield is about 5.3% at current price of 2.42.
I think fair value is about 2.56 level.
Short term wise, I think it may likely retrace a little bit towards the lower Trend Line and then bounce off to rise up again to retest 2.56 and above.
Not a call to buy or sell.
Pls dyodd.
With the recent announcement of acquiring the 13 Data Centres from North America from Digital Realty looks like this counter is fast becoming an alternative data-centre play.
DPU accretion of up to 3.5% that may see it current DPU of 12.4 cents increase to 12.83 cents.
Yield is about 5.3% at current price of 2.42.
I think fair value is about 2.56 level.
Short term wise, I think it may likely retrace a little bit towards the lower Trend Line and then bounce off to rise up again to retest 2.56 and above.
Not a call to buy or sell.
Pls dyodd.
Aascendas Reit
Chart wise, looks bullish!
Next month it will be reporting its financial results around 25-26 October. Expecting to declare a dividend of about 8.01 cents for 6 months period from 1st April to 30th Sept. XD might be around 30-31 Oct. A high chance price may start to build up when approaching the CD date.
The current price of 3.14 is rising in orderly manner above it SMA lines and it highly possible it may re-conquer 3.23 the All-Time-High and rises higher towards 3.30 level and above.
Yearly DPU of 16.01 cents. Yield is 5.1% base on current price of 3.14.
As can be seen from the Past DPU distribution, DPU has been rising steadily from 2013 to 2018.
Not a call to buy or sell.
Pls dyodd.
Next month it will be reporting its financial results around 25-26 October. Expecting to declare a dividend of about 8.01 cents for 6 months period from 1st April to 30th Sept. XD might be around 30-31 Oct. A high chance price may start to build up when approaching the CD date.
The current price of 3.14 is rising in orderly manner above it SMA lines and it highly possible it may re-conquer 3.23 the All-Time-High and rises higher towards 3.30 level and above.
Yearly DPU of 16.01 cents. Yield is 5.1% base on current price of 3.14.
As can be seen from the Past DPU distribution, DPU has been rising steadily from 2013 to 2018.
Not a call to buy or sell.
Pls dyodd.
OCBC Bank
Chart wise,looks bearish!
Likely to go down to retest 10.72 which was the recent low.
Short term wise,It is rather weak and a breaking down of $10.72 may likely see it goes further down to revisit $10.50 level agAin follow by 10.00 level.
Not a call to buy or sell.
Pls dyodd.
Likely to go down to retest 10.72 which was the recent low.
Short term wise,It is rather weak and a breaking down of $10.72 may likely see it goes further down to revisit $10.50 level agAin follow by 10.00 level.
Not a call to buy or sell.
Pls dyodd.
Wednesday, September 25, 2019
Lendlease GC reit
LendleaseGC Reit(JYEU)
• To distribute 100.0% of Lendlease Global REIT’s
adjusted net cash flow from operations for the period
from the Listing Date to the end of Projection Year 2021,
and at least 90.0% of its adjusted net cash flow from
operations thereafter on a semi-annual basis
• The first distribution, which will be in respect of the
period from the Listing Date to 31 December 2019, will
be paid by the Manager on or before 31 March 2020
• Distributions to be declared in Singapore dollars
Application start from 25th September 9pm .
Closing on 30th September noon time
Start trading on 2nd October.
IPO price of S$0.88 per share.
Lendlease Global REIT is a Singapore real estate investment trust (“REIT”), established with the principal investment strategy of investing, directly or
indirectly, in a diversified portfolio of stabilised income-producing real estate
assets located globally, which are used primarily for retail and/or office
purposes, as well as real estate-related assets in connection with the foregoing.
Lendlease Global REIT will comprise a leasehold interest in one retail
property located in Singapore and a freehold office property located in
Milan, Italy with an appraised value of approximately S$1,405.3 million as
at 31 July 2019 based on the aggregate of the higher of the two independent
valuations for each Property conducted by independent valuers in respect of
each Property.
• To distribute 100.0% of Lendlease Global REIT’s
adjusted net cash flow from operations for the period
from the Listing Date to the end of Projection Year 2021,
and at least 90.0% of its adjusted net cash flow from
operations thereafter on a semi-annual basis
• The first distribution, which will be in respect of the
period from the Listing Date to 31 December 2019, will
be paid by the Manager on or before 31 March 2020
• Distributions to be declared in Singapore dollars
Application start from 25th September 9pm .
Closing on 30th September noon time
Start trading on 2nd October.
IPO price of S$0.88 per share.
Lendlease Global REIT is a Singapore real estate investment trust (“REIT”), established with the principal investment strategy of investing, directly or
indirectly, in a diversified portfolio of stabilised income-producing real estate
assets located globally, which are used primarily for retail and/or office
purposes, as well as real estate-related assets in connection with the foregoing.
Lendlease Global REIT will comprise a leasehold interest in one retail
property located in Singapore and a freehold office property located in
Milan, Italy with an appraised value of approximately S$1,405.3 million as
at 31 July 2019 based on the aggregate of the higher of the two independent
valuations for each Property conducted by independent valuers in respect of
each Property.
Tuesday, September 24, 2019
Straits Trading
Today it has managed to take control of the selling down pressure and close 1 cents higher at 2.09, looks rather positive!
I like what I see on the chart and we may likely see a rise to retest 2.15 level.
Short term wise, I think a breaking out of 2.15 with good volume that may drive the price higher towards 2.20 then 2.25.
NAV 3.66.
P/B 0.57.
Dividend of 6 cents ,yield 2.85%.
PE of 12x.
Not a call to buy or sell.
Pls dyodd.
I like what I see on the chart and we may likely see a rise to retest 2.15 level.
Short term wise, I think a breaking out of 2.15 with good volume that may drive the price higher towards 2.20 then 2.25.
NAV 3.66.
P/B 0.57.
Dividend of 6 cents ,yield 2.85%.
PE of 12x.
Not a call to buy or sell.
Pls dyodd.
Monday, September 23, 2019
ST Engineering
Chart wise,looks bearish!
After touching the high of $4.30 it has since corrected sharply and continue to slide further to hit 3.87 todAy, looks rather negative!
Short term wise,I think it may likely revisit the recent low of $3.84. Breaking down with high volume that may see further selling down pressure towards $3.80 then $3.70 level.
Not a call to buy or sell.
Pls dyodd.
After touching the high of $4.30 it has since corrected sharply and continue to slide further to hit 3.87 todAy, looks rather negative!
Short term wise,I think it may likely revisit the recent low of $3.84. Breaking down with high volume that may see further selling down pressure towards $3.80 then $3.70 level.
Not a call to buy or sell.
Pls dyodd.
Saturday, September 21, 2019
StarhillGbl Reit
StarhillGbl Reit(P40U.SI)
Chart wise, looks bearish!
Likely to go down to retest 74 cents again!
Short term wise, I think breaking down of 74 cents with high volume that may see the price sliding further down to 72 cents then 70 with extension to 68 cents.
Not a call to buy or sell.
Pls dyodd.
Chart wise, looks bearish!
Likely to go down to retest 74 cents again!
Short term wise, I think breaking down of 74 cents with high volume that may see the price sliding further down to 72 cents then 70 with extension to 68 cents.
Not a call to buy or sell.
Pls dyodd.
DBS
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
Keppel DC Reit
It had a very impressive running up from 1.76 to a high of 2.13 after the announcement of the acquisition of the new acquisition.
Come Monday it is going ex-dividend of 1.81 cents and also XR for the Preferential offering for existing share holders.
The Private placement will be issued on 25th Sept 2019.
The Preferential Offering share will be issued on 15th October 2019.
TA wise, It has been overly extended as can be seen with a wide Green bar reflected on the chart.
I think short term wise, price would likely go lower towards 1.95 then 1.90 with further sliding down to 1.85 level.
The proposed equity fundraising comprises a private placement of 135 million new units in Keppel DC Reit at an issue price that is between S$1.703 and S$1.744 per unit, to raise gross proceeds of between S$229.9 million and S$235.4 million; as well as a preferential offering at an issue price of between S$1.67 and S$1.71 per unit, to raise between S$238.4 million and S$243.9 million.
Not a call to buy or sell.
Pls dyodd.
Come Monday it is going ex-dividend of 1.81 cents and also XR for the Preferential offering for existing share holders.
The Private placement will be issued on 25th Sept 2019.
The Preferential Offering share will be issued on 15th October 2019.
TA wise, It has been overly extended as can be seen with a wide Green bar reflected on the chart.
I think short term wise, price would likely go lower towards 1.95 then 1.90 with further sliding down to 1.85 level.
The proposed equity fundraising comprises a private placement of 135 million new units in Keppel DC Reit at an issue price that is between S$1.703 and S$1.744 per unit, to raise gross proceeds of between S$229.9 million and S$235.4 million; as well as a preferential offering at an issue price of between S$1.67 and S$1.71 per unit, to raise between S$238.4 million and S$243.9 million.
Not a call to buy or sell.
Pls dyodd.
Thursday, September 19, 2019
Ocbc Bank
Chart wise,looks rather weak!
Likely to go down to retest 10.77 again!
Breaking down of 10.77 may likely goes back to 10.50 level.
Not a call to buy or sell.
Pls dyodd.
Likely to go down to retest 10.77 again!
Breaking down of 10.77 may likely goes back to 10.50 level.
Not a call to buy or sell.
Pls dyodd.
G Invacom
Chart wise, Looks bullish!
After touching the low of 9.8 cents , it has managed to stage a strong recovery and rises higher to hit 13.5 cents before profit taking settling in and close lower at 12.9 cents,this is rather positive.
Short term wise, I think it may likely retest 13.5 cents .
Breaking out of 13.5 cents may likely retest 14 cents with extension to 15 cents and above.
Not a call to buy or sell.
Pls dyodd.
After touching the low of 9.8 cents , it has managed to stage a strong recovery and rises higher to hit 13.5 cents before profit taking settling in and close lower at 12.9 cents,this is rather positive.
Short term wise, I think it may likely retest 13.5 cents .
Breaking out of 13.5 cents may likely retest 14 cents with extension to 15 cents and above.
Not a call to buy or sell.
Pls dyodd.
Wednesday, September 18, 2019
Keppel DC reit
It has a nice spike up and continue to follow through the next day,looks like momentum is strong!
I think it may likely touch 2.00 and above soon!
I think once the music stop, things will go back to it's fair value.
Pls dyodd.
15th September 2019
Wah! Placement shares and PO shares offer!
Opportunities is here !
The proposed equity fundraising comprises a private placement of 135 million new units in Keppel DC Reit at an issue price that is between S$1.703 and S$1.744 per unit, to raise gross proceeds of between S$229.9 million and S$235.4 million; as well as a preferential offering at an issue price of between S$1.67 and S$1.71 per unit, to raise between S$238.4 million and S$243.9 million.
Price may correct lower towards the placement share price of $1.70.
Waiting to scoop some.
Not a call to buy or sell.
Pls dyodd.
I think it may likely touch 2.00 and above soon!
I think once the music stop, things will go back to it's fair value.
Pls dyodd.
15th September 2019
Wah! Placement shares and PO shares offer!
Opportunities is here !
The proposed equity fundraising comprises a private placement of 135 million new units in Keppel DC Reit at an issue price that is between S$1.703 and S$1.744 per unit, to raise gross proceeds of between S$229.9 million and S$235.4 million; as well as a preferential offering at an issue price of between S$1.67 and S$1.71 per unit, to raise between S$238.4 million and S$243.9 million.
Price may correct lower towards the placement share price of $1.70.
Waiting to scoop some.
Not a call to buy or sell.
Pls dyodd.
Tuesday, September 17, 2019
Hrnet
After hitting the high of 62 cents it is now taking breather!
Nice inbound trend and a saucer shape patterns looks bullish!
Short term wise, I think likely to re-attempt 62 cents agAin! Breaking out plus good volume that may drive the price higher to 66.5 then 70 cents.
Not a call to buy or sell.
Pls dyodd.
Nice inbound trend and a saucer shape patterns looks bullish!
Short term wise, I think likely to re-attempt 62 cents agAin! Breaking out plus good volume that may drive the price higher to 66.5 then 70 cents.
Not a call to buy or sell.
Pls dyodd.
Sunday, September 15, 2019
Keppel DC reit
Wah! Placement shares and PO shares offer!
Opportunities is here !
The proposed equity fundraising comprises a private placement of 135 million new units in Keppel DC Reit at an issue price that is between S$1.703 and S$1.744 per unit, to raise gross proceeds of between S$229.9 million and S$235.4 million; as well as a preferential offering at an issue price of between S$1.67 and S$1.71 per unit, to raise between S$238.4 million and S$243.9 million.
Price may correct lower towards the placement share price of $1.70.
Waiting to scoop some.
Not a call to buy or sell.
Pls dyodd.
Opportunities is here !
The proposed equity fundraising comprises a private placement of 135 million new units in Keppel DC Reit at an issue price that is between S$1.703 and S$1.744 per unit, to raise gross proceeds of between S$229.9 million and S$235.4 million; as well as a preferential offering at an issue price of between S$1.67 and S$1.71 per unit, to raise between S$238.4 million and S$243.9 million.
Price may correct lower towards the placement share price of $1.70.
Waiting to scoop some.
Not a call to buy or sell.
Pls dyodd.
Japfa
From TA wise, we can see the beautiful chart patterns that is showing us the direction of this counter.
It has came down all the way from 80 cents to hit the low of 44.5 cents before bouncing off to close higher at 50 cents.
Is it out of the wood yet, I doubts so!
This is just a temporary reaction when the counter is going through a downtrend direction.
Short term wise, I think it may rise to retest 52 then 55 cents.
Not a call to buy or sell.
Looking at the Half year Financial nos.
Debts to Equity ratio = Total Liabilities / Equity = $1995.98 / $1146.79 = 1.74x . Anything above 1.00 is considered not a healthy level.
Cash and cash equivalents = $131.8m
Loans + Borrowing = $779m + $650m = $1429m.
The debts level is high.
FCF is also negative.
Pls dyodd.
It has came down all the way from 80 cents to hit the low of 44.5 cents before bouncing off to close higher at 50 cents.
Is it out of the wood yet, I doubts so!
This is just a temporary reaction when the counter is going through a downtrend direction.
Short term wise, I think it may rise to retest 52 then 55 cents.
Not a call to buy or sell.
Looking at the Half year Financial nos.
Debts to Equity ratio = Total Liabilities / Equity = $1995.98 / $1146.79 = 1.74x . Anything above 1.00 is considered not a healthy level.
Cash and cash equivalents = $131.8m
Loans + Borrowing = $779m + $650m = $1429m.
The debts level is high.
FCF is also negative.
Pls dyodd.
Friday, September 13, 2019
Apac Realty
Nice closing last Friday at 52.5 cents!
The volume is not high though!
My trading plan:
EP 52.5
TP 59
SL 49
Short term wise,I think it may move up to retest 55 then 59 - 60 level.
Not a call to buy or sell.
Pls dyodd.
The volume is not high though!
My trading plan:
EP 52.5
TP 59
SL 49
Short term wise,I think it may move up to retest 55 then 59 - 60 level.
Not a call to buy or sell.
Pls dyodd.
Thursday, September 12, 2019
Kepcorp
After touching the low of $5.72 it has since staged a strong recovery and rises higher to close at 6.17,looks bullish!
Short term wise, I think it may likely move up to t
Retest 6.25. Breaking out of 6.25 with ease plus good volume that may drive the price higher towards 6.50 and above.
Not a call to buy or sell.
PLS dyodd.
Short term wise, I think it may likely move up to t
Retest 6.25. Breaking out of 6.25 with ease plus good volume that may drive the price higher towards 6.50 and above.
Not a call to buy or sell.
PLS dyodd.
Tuesday, September 10, 2019
Hi-P
Today finally can see tech counters rally!
Hi-P is up 5 cents to hit 1.20 looks pretty positive!
It will need to overcome the resistance at 1.24 in order to rise further.
Short term wise, I think it may go up to retest 1.24.
Breaking out smoothly plus good volume that may drive the price higher towards 1.31 then 1.40 level.
Not a call to buy or sell.
Pls dyodd.
Hi-P is up 5 cents to hit 1.20 looks pretty positive!
It will need to overcome the resistance at 1.24 in order to rise further.
Short term wise, I think it may go up to retest 1.24.
Breaking out smoothly plus good volume that may drive the price higher towards 1.31 then 1.40 level.
Not a call to buy or sell.
Pls dyodd.
Mapletree Com Tr
After hitting the high of 2.30 it has since corrected and went down to close at 2.19. Looks like it is rather weak and may likely continue to go lower.
Short term wise, I think it may go down to retest 2.12 then 2.10 and 2.05.
Breaking down of 2.05 may likely revisit 1.99.
Not a call to buy or sell.
Pls dyodd.
Short term wise, I think it may go down to retest 2.12 then 2.10 and 2.05.
Breaking down of 2.05 may likely revisit 1.99.
Not a call to buy or sell.
Pls dyodd.
Sunday, September 8, 2019
Food Empire
Just tried their 3 in 1 premium instant coffee, I would say is nice and creamy that is something I like.
Worth it!
Selling and distribution expenses were lower by US$4.6 million or 19.1% from US$24.3 million in 1H2018 to US$19.7 million. The decrease was mainly due to rationalisation of business.
General and administrative expenses increased by US$0.6 million from US$18.3 million in 1H2018 to US$18.9 million. The increase was mainly attributed to higher manpower cost. Foreign exchange gain was US$0.8 million in 1H2019 as compared to a foreign exchange loss of US$1.6 million in 1H2018.
Pursuant to the above, the Group’s net profit after tax for 1H2019 was US$13.1 million, a yoy increase of 39.7%. Net profit margin was 2.8 percentage points (“pp”) higher, at 9.4% for 1H2019. As at 30 June 2019, the Group’s balance sheet remained healthy with cash and cash equivalents amounting to US$38.5 million.
Commenting on the Group’s results, Mr. Tan Wang Cheow, Executive Chairman of Food Empire said, “The Group continues to perform well, with strength in our core business markets and key operating segments. As we seek to sustain this growth trajectory into the future, we will be looking at new product developments and strategic mergers & acquisitions to grow our business further. On a full financial year basis, we are committed to delivering profit growth.”
Outlook
The global economy is projected to grow at a slower pace for the remaining half of 2019, driven by continuing trade tensions between the U.S. and China which might affect global oil prices and currency exchange rates against the US dollar. Barring unforeseen circumstances, the Group expects our business to remain resilient and we will continue to focus our efforts to grow key markets, rationalise business operations and consolidate our Group structure so as to create a stronger foundation for future development.
Half year EPS of about 3.56 Singapore cents , yearly is about 6.8 cents, PE is merely 7.6x base on the closing price of 49.5 cents.
This is vastly undervalue. The industry average price is about 18-20x .
I still remember when Super Group was being taken over/privatized at PE 32x.
With their Net Profit margin rising to 9.4% for the first Half year financial result we may likely see it approaching 10% pretty soon.
Net debts to equity ratios is also pretty healthy at 0.48% which is staying well below the 1% level.
Debt to Equity Ration = Total Liabilities / Shareholder's Equity = 93310 / 190531 = 0.48%
NAV is about S$0.49.
P/B is about 1x.
Dividend of 6.8 cents. Yield is 1.2%.
I believe they can afford to payout more for dividend.
I think the Fair value is about PE 15x that would give us a target price of $1.02.
The current price of 49.5 cents is almost trading below 50%.
This could jolly well be the next gems.
Not a call to buy or sell.
Pls dyodd.
Worth it!
Selling and distribution expenses were lower by US$4.6 million or 19.1% from US$24.3 million in 1H2018 to US$19.7 million. The decrease was mainly due to rationalisation of business.
General and administrative expenses increased by US$0.6 million from US$18.3 million in 1H2018 to US$18.9 million. The increase was mainly attributed to higher manpower cost. Foreign exchange gain was US$0.8 million in 1H2019 as compared to a foreign exchange loss of US$1.6 million in 1H2018.
Pursuant to the above, the Group’s net profit after tax for 1H2019 was US$13.1 million, a yoy increase of 39.7%. Net profit margin was 2.8 percentage points (“pp”) higher, at 9.4% for 1H2019. As at 30 June 2019, the Group’s balance sheet remained healthy with cash and cash equivalents amounting to US$38.5 million.
Commenting on the Group’s results, Mr. Tan Wang Cheow, Executive Chairman of Food Empire said, “The Group continues to perform well, with strength in our core business markets and key operating segments. As we seek to sustain this growth trajectory into the future, we will be looking at new product developments and strategic mergers & acquisitions to grow our business further. On a full financial year basis, we are committed to delivering profit growth.”
Outlook
The global economy is projected to grow at a slower pace for the remaining half of 2019, driven by continuing trade tensions between the U.S. and China which might affect global oil prices and currency exchange rates against the US dollar. Barring unforeseen circumstances, the Group expects our business to remain resilient and we will continue to focus our efforts to grow key markets, rationalise business operations and consolidate our Group structure so as to create a stronger foundation for future development.
Half year EPS of about 3.56 Singapore cents , yearly is about 6.8 cents, PE is merely 7.6x base on the closing price of 49.5 cents.
This is vastly undervalue. The industry average price is about 18-20x .
I still remember when Super Group was being taken over/privatized at PE 32x.
With their Net Profit margin rising to 9.4% for the first Half year financial result we may likely see it approaching 10% pretty soon.
Net debts to equity ratios is also pretty healthy at 0.48% which is staying well below the 1% level.
Debt to Equity Ration = Total Liabilities / Shareholder's Equity = 93310 / 190531 = 0.48%
NAV is about S$0.49.
P/B is about 1x.
Dividend of 6.8 cents. Yield is 1.2%.
I believe they can afford to payout more for dividend.
I think the Fair value is about PE 15x that would give us a target price of $1.02.
The current price of 49.5 cents is almost trading below 50%.
This could jolly well be the next gems.
Not a call to buy or sell.
Pls dyodd.
Friday, September 6, 2019
HKland
Looks like it has managed to bounced off from the low of $5.16 and rises higher to touch the high of $6.00 looks pretty healthy and encouraging!
Looking at the Monthly chart patterns, It is kind of doing a rebound from the lower trend line of 5.46 and managed to stay higher at 5.70, looks rather positive.
Short term wise, I think it may move up to re-attempt $6.00 again.
Crossing over with ease + good volume that may propel to drive the price higher towards $6.50 then $7.00.
Not a call to buy or sell.
Pls dyodd.
1st September 2019
TA wise ,looks like it is consolidAting after touching the low of $5.16.
The current price of $5.46 is trAding at Price per book ratio of 0.33,seemingly over sold!
I think value i appealing!
DIVIDEND of 22 cents is giving a yield of 4% which is quite decent!
Short term wise,I think it may move up to retest the recent high of $5.57. BREAKING out with good volume that may drive the price higher towArd $5.89 then $6.01.
Not a call to buy or sell.
Pls Dyodd
Looking at the Monthly chart patterns, It is kind of doing a rebound from the lower trend line of 5.46 and managed to stay higher at 5.70, looks rather positive.
Short term wise, I think it may move up to re-attempt $6.00 again.
Crossing over with ease + good volume that may propel to drive the price higher towards $6.50 then $7.00.
Not a call to buy or sell.
Pls dyodd.
1st September 2019
TA wise ,looks like it is consolidAting after touching the low of $5.16.
The current price of $5.46 is trAding at Price per book ratio of 0.33,seemingly over sold!
I think value i appealing!
DIVIDEND of 22 cents is giving a yield of 4% which is quite decent!
Short term wise,I think it may move up to retest the recent high of $5.57. BREAKING out with good volume that may drive the price higher towArd $5.89 then $6.01.
Not a call to buy or sell.
Pls Dyodd
MapleTree Ind trust
After hitting all time high of 2.39, it didn't manged to clear this level and succumb to selling down pressure.
I think is good to correct and then gather strength again to make the next attempt to re-conquer 2.39 again.
It is taking a breather now, and those that cannot tahan to wait i think may have already planted their seeds.
My point of view is that , I may queue to nibble a small position at 2.30 level for 5 lots or 5,000 share . If it fallen lower to 2.25, may jeep another 5 lots again and perhaps another 5 lots at 2.20 and 2.15.
My average price can be calculated as per below example:
1. first 5,000 share at 2.30 = $11500.
2. next 5000 share at 2.25 = $11250
3. next 5000 share at 2.20 = $11000
4. next 5000 share at 2.15 = $ 10750
Total capital $44,500 / 20000 share = $ 2.225
DPU of $124 , yield of 5.57% which is still much higher than bank interest of 0.05%.
Of course, price may fluctuate up and down.
Overtime, dividend collected it may lower our average price.
The power of dividend income.
not a call to buy or sell.
Pls dyodd.
I think is good to correct and then gather strength again to make the next attempt to re-conquer 2.39 again.
It is taking a breather now, and those that cannot tahan to wait i think may have already planted their seeds.
My point of view is that , I may queue to nibble a small position at 2.30 level for 5 lots or 5,000 share . If it fallen lower to 2.25, may jeep another 5 lots again and perhaps another 5 lots at 2.20 and 2.15.
My average price can be calculated as per below example:
1. first 5,000 share at 2.30 = $11500.
2. next 5000 share at 2.25 = $11250
3. next 5000 share at 2.20 = $11000
4. next 5000 share at 2.15 = $ 10750
Total capital $44,500 / 20000 share = $ 2.225
DPU of $124 , yield of 5.57% which is still much higher than bank interest of 0.05%.
Of course, price may fluctuate up and down.
Overtime, dividend collected it may lower our average price.
The power of dividend income.
not a call to buy or sell.
Pls dyodd.
Ocbc
Chart wise, looks like we may see the same chart patterns repeating itself again!
Likely to move up to reclaim 11.00.
Breaking out of 11.00 with good volume it may likely retest 11.20 then 11.50 .
Pls dyodd.
31st August 2019
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.
Likely to move up to reclaim 11.00.
Breaking out of 11.00 with good volume it may likely retest 11.20 then 11.50 .
Pls dyodd.
31st August 2019
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 !
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, September 5, 2019
Hrnet
The current earnings yield an investor would be getting is about 9.2%. This is better than parking money in special account of CPF which only gives 4.5% interest yield.
Earnings yield = EPS / Share price
Earnings yield = 0.053/ 0.575 = 0.0921x 100% = 9.21%
Half year result as of 13rd August 2019
Half year Eps 3.06 cents.
Cash on Hands of 274m.
Less of additional investment of 12.3m. TOTAL cash on hands is 261m.
Net cash per share of 26 cents .
DIVIDEND of 2.8 cents .
Yield is 4.9% based on 57.5 cents.
Solid FCF.
Surely can afford to payout more dividend!
Chart wise, super oversold!
It has bounced off from 56 cents and likely to move up to retest 60 cents.
Breaking out of 60 with good volume that may drive the price higher to 63 then 67.5 cents.
Pls dyodd.
Mapletree Comm Tr
This counter has just been added onto the STI index component stocks counter, tomorrow likely to see further upward momentum!
Chart wise, looks bullish! Likely to gap up tomorrow and sail ahead 2.30 level and rises higher towards 2.38 then 2.40 with extension to 2.50 level.
Yield would be rather low at just 3%+. P/B is approaching 1.5x. Is super premium price at super peak level.
Not a call to buy or sell. Pls dyodd.
Chart wise, looks bullish! Likely to gap up tomorrow and sail ahead 2.30 level and rises higher towards 2.38 then 2.40 with extension to 2.50 level.
Yield would be rather low at just 3%+. P/B is approaching 1.5x. Is super premium price at super peak level.
Not a call to buy or sell. Pls dyodd.
Wednesday, September 4, 2019
YZJ
Yangzijiang Shipbuilding inked new order contracts for five vessels, including three 82,000DWT bulk carriers and two 325,000DWT bulk carriers.
Chart wise,will it move up to retest $1.00 with the new contracts secured.
Short term wise, I think breaking out of $1.00 may drive the price higher towards $1.10 level. Not a call to buy or sell. S dyodd
Chart wise,will it move up to retest $1.00 with the new contracts secured.
Short term wise, I think breaking out of $1.00 may drive the price higher towards $1.10 level. Not a call to buy or sell. S dyodd
Tuesday, September 3, 2019
Raffles Medical
Chart wise, looks super bearish!
It has came down all the way from $1.60+ to touch the low of 96 cents , looks rather weak and may likely see further weakness!
NAV of 45 cents.
Dividend of 2.5 cents, yield of 2.5+%.
Short term wise, I think it may retest 95.5 cents . BREAKING down of this level may see further selling down pressure and slide down towards 90 then 88.
Not a call to buy or sell.
Pls Doddy.
It has came down all the way from $1.60+ to touch the low of 96 cents , looks rather weak and may likely see further weakness!
NAV of 45 cents.
Dividend of 2.5 cents, yield of 2.5+%.
Short term wise, I think it may retest 95.5 cents . BREAKING down of this level may see further selling down pressure and slide down towards 90 then 88.
Not a call to buy or sell.
Pls Doddy.
Monday, September 2, 2019
Valuetronics
CHART wise, looks rather bearish!
Likely to go down to retest 60 cents then 58.5 cents the pivot low.
BREAKING down of 58 cents would be super bearish and may see further selling down pressure.
Not a call to buy or sell.
Pls Dodd.
Likely to go down to retest 60 cents then 58.5 cents the pivot low.
BREAKING down of 58 cents would be super bearish and may see further selling down pressure.
Not a call to buy or sell.
Pls Dodd.
Sunday, September 1, 2019
Sph
Wah! Is going to Hit my target price of $1.90!
Next, it may go further down to test $1.80 level.
3rd August 2019
TA wise, looks super bearish!
It was trading at $4.00 in 2015 and has been corrected sharply from $4.00 to a low of $2.12 as of 2nd Aug 2019, looks rather negative.
The 3rd quarter Net profit is down 35.1% to $36.38m.
Looks like The share price is under selling down pressure.
Short term wise, I think it may go down to retest $2.075 .
Breaking down of $2.075 with high volume that may likely go further down towards $2.00 with extension to $1.90 level.
NAV $2.10
Interim dividend 5.5 cents.
Final dividend is 3 cents & Special dividend of may be 4 cents( based on past year announcement).
Total dividend of 12.5 cents.
Will there be any cut in special dividend , we will only know when the company report its FY 2019 results in next quarter.
Not a call to buy or sell.
Pls dyodd.
Next, it may go further down to test $1.80 level.
3rd August 2019
TA wise, looks super bearish!
It was trading at $4.00 in 2015 and has been corrected sharply from $4.00 to a low of $2.12 as of 2nd Aug 2019, looks rather negative.
The 3rd quarter Net profit is down 35.1% to $36.38m.
Looks like The share price is under selling down pressure.
Short term wise, I think it may go down to retest $2.075 .
Breaking down of $2.075 with high volume that may likely go further down towards $2.00 with extension to $1.90 level.
NAV $2.10
Interim dividend 5.5 cents.
Final dividend is 3 cents & Special dividend of may be 4 cents( based on past year announcement).
Total dividend of 12.5 cents.
Will there be any cut in special dividend , we will only know when the company report its FY 2019 results in next quarter.
Not a call to buy or sell.
Pls dyodd.
Hongkong uSD
TA wise ,looks like it is consolidAting after touching the low of $5.16.
The current price of $5.46 is trAding at Price per book ratio of 0.33,seemingly over sold!
I think value i appealing!
DIVIDEND of 22 cents is giving a yield of 4% which is quite decent!
Short term wise,I think it may move up to retest the recent high of $5.57. BREAKING out with good volume that may drive the price higher towArd $5.89 then $6.01.
Not a call to buy or sell.
Pls Dyodd
The current price of $5.46 is trAding at Price per book ratio of 0.33,seemingly over sold!
I think value i appealing!
DIVIDEND of 22 cents is giving a yield of 4% which is quite decent!
Short term wise,I think it may move up to retest the recent high of $5.57. BREAKING out with good volume that may drive the price higher towArd $5.89 then $6.01.
Not a call to buy or sell.
Pls Dyodd
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