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Tuesday, March 31, 2020

Maple Comm Trust

Looks like the recent rebound is short-lived.
It is trading lowered again after touching the high of $1.927 on 27 March, looks rather bearish!


The volume is getting thinner which may be a sign of losing momentum or not enough buying volume.


Short term wise, I think it may go down to retest the recent low of $1.53. The transacted volume for past few days was also getting thinner. A sign of weakness.


The volume is getting thinner which may be a sign of losing momentum or not enough buying volume.


Not a call to buy or sell.
Pls dyodd.

A short rebound is happening at this juncture .
This might be a golden opportunity for those who want to lock in profit or to make an exit strategy!



Short term wise, lets wait for the short rally to be freezer out and give us the actual market direction for this counter.


If it continues to go lower for the next few days then high chance the short rally is just a temporary rebound!

Not a call to buy or sell.
Pls dyodd.


STI ETF

Chart wise, looks rather bearish!
Indeed it has managed to bounce off from the low of $2.319 on 19 March 2020 whereby the RSI was below 30 which is pretty oversold.


This rebound allow some trader to book the gain from the current price of $2.485 - $2.499 this morning.


The volume is getting thinner which may be a sign of losing momentum or not enough buying volume.


Short term wise, I think it may still go lower if it can't breakout the recent high of $2.586.

Not a call to buy or sell.
Pls dyodd.



Sunday, March 29, 2020

DBS Group

As expected, it has gap down and likely to see further selling down pressure!


Short term wise, I think it will continue to head south!
Pls dyodd.



Chart wise, it has a nice rebound from $16.65 and rises higher to touch $19.62 on last Friday.

This temporary rebound may be a golden window opportunity for those trader to book their short term profit or for those who want to exit .


I think, market situation is still rather bad and is gearing towards the Bear direction.

Short term wise, look out for this rebound to freezer out and observe the fist pivot low point of $18.76 or $18.53 level.
Breaking down this 2 levels + high volume that may likely see the price sliding down further towards $18.00 then $17.00 with extension to $16.60 level.


Not a call to buy or sell.
Pls dyodd.


Saturday, March 28, 2020

CityDev

Chart wise, looks rather bearish!
Likely to continue to trend lower!


Last week we had witnessed a temporary rebound to bring the price higher from $6.11 to close higher at $7.44 , quite an impressive rebound!

Remember market is still on a Bear Mode/downtrend and any rebound could be short-live.


Short term wise, I think it may well go down to revisit $6.11 again!
Breaking down of this level + high volume that may likely see the price sliding further down towards $6.00 then $5.00 with extension to $4.46 .

Not a call to buy or sell.
Pls dyodd.

Friday, March 27, 2020

DBS

Chart wise, it has a nice rebound from $16.65 and rises higher to touch $19.62 on last Friday.

This temporary rebound may be a golden window opportunity for those trader to book their short term profit or for those who want to exit .


I think, market situation is still rather bad and is gearing towards the Bear direction.

Short term wise, look out for this rebound to freezer out and observe the fist pivot low point of $18.76 or $18.53 level.
Breaking down this 2 levels + high volume that may likely see the price sliding down further towards $18.00 then $17.00 with extension to $16.60 level.


Not a call to buy or sell.
Pls dyodd.

Thursday, March 26, 2020

Maple tree Comm Trust

A short rebound is happening at this juncture .
This might be a golden opportunity for those who want to lock in profit or to make an exit strategy!


Short term wise, lets wait for the short rally to be freezer out and give us the actual market direction for this counter.


If it continues to go lower for the next few days then high chance the short rally is just a temporary rebound!

Not a call to buy or sell.
Pls dyodd.

Wednesday, March 25, 2020

DBS

Wah, strong rebound!
Looks like this rally may continue for the next few days!


Short term wise, I think the price may move up to test $20 then $21 with extension to $22.00.


Not a call to buy or sell.
Pls dyodd.



Monday, March 23, 2020

Ascendas Reit

Wah, looks like the selling down is driven by fear plus heavy dumping. I think under value is surfacing!


The current price of $2.29 is yielding an yield of 6.5% if we reckon the dpu of 15 cents for the whole year.


Short term wise, I think it may go down to retest $2.15 level which is also the NAV .


Not a call to buy or sell.
Pls dyodd.


Saturday, March 21, 2020

Maple Comm Trust

TA wise , looks super bearish!
I think likely to see further weakness!


The price is staying below its SMA lines + MACD is tending downwards likely to see further selling down pressure!


Short term wise, I think it may retest the recent low of $1.65.

Breaking down of $1.65 + High volume it may slide further down toward $1.60 then $1.50 with extension to $1.20 level.


Not a call to buy or sell.
Pls dyodd.

Thursday, March 19, 2020

Fraser L&I Tr

Chart wise,looks super bearish!
The selling down is fast and furious!
It is trading at all time low!


I think we may see a technical rebound soon!
But this rebound may be just a temporary Pause as the trend is still bearish and super weak.
It May likely continue to go lower After this temporary rebound!


Therefore,it might be good to monitor to see how this is being played out! If the bounce freezer off then it might present an opportunity to go short selling again!


Pls dyodd.

MapleTree Comm Tr

Wah, it has finally fallen off below its NAV of 1.76 and close lower at 1.73, looks rather interesting!


I think Yield is slowly approaching the 5% yield.


Strong support will be at 1.52 - $1.60 region.

Pls dyodd.


Last Friday low was $1.93,looks pretty interesting!

It has managed to bounce off strongly and close higher at $2.07 with a bullish bar, looks positive!

Those that has boarded at $1.93 - $1.98 can book a nice profit liao!


Short term wise, I think we may see a counter trend rebound! Likely to retest 2.15 then $2.20 with extension to $2.30 level.


NAV $1.76.
Overall trend is down!
Will it go down to revisit $1.76, only time will tell us.


Not a cAll to buy or sell!
Pls dyodd.




CapitaMall Tr

Wah, today being pressed down all the way to 1.69 before bargain hunter coming in time Lean some support!


The selling down pressure is fierce!
It has managed to bounce off from 1.69 & close at 1.80 looks like some supporter are here to fight off the shortist.


Yield is getting attractive once again and is trading below its NAV.

I think longer time frame should be able to see rising back above 2.00 again !


Not a call to buy or sell.
Pls dyodd.

Wednesday, March 18, 2020

DBS

I think the current price of 17.90 is trading at an attractive yield of more than 7%,NAV 19.25,looks rather like under value is Appealing!


Dividend of 1.32. Quarterly dividend of 33 cents looks rather interesting!


I think we may see a technical rebound soon as the price has been overly corrected from $25+ to $17.90.


Short term wise, I think we may see it rises to retest $19.00 then $20 with extension to $21.79.


Not a call to buy or sell.
Pls dyodd.


Tuesday, March 17, 2020

CapitaMall Trust

The market has been driven into Bear territory for the past few weeks due to current black swan event!


CMT has been on a selling down pressure from 2.50+ level and went down to close at 1.90 today.
I guess many investor seem clouded by fear at the current situation.  Is difficult to know when the market will be stabilized and hopefully a relief rally when the solution has been developed.


Meanwhile, keep yourself healthy and review your investment plan.
I think those that are waiting to put this counter onto their investment portfolio might be a golden opportunity. Pls dyodd.


Don't let market bear affects you.
I think one of these days we shall see sunny days again!

NAV $2.105.
Dividend of 12.3 cents
Yield is 6.5%.

Not a call to buy or sell.



Monday, March 16, 2020

MapleTree Comm Tr

Chart wise, looks bearish!
Today we had witnessed another heavily selling down from 1.82 to 1.69, the selling down pressure is rather great. Likely to see further weakness!


Short term wise, I think it may go down to retest 1.60 the immediate support and 1.52 which is the next support level.


Not a call to buy or sell.

Pls dyodd.

Saturday, March 14, 2020

Valuetronics

Chart wise, looks bearish!
I think likely to continue to go lower!


Last Friday, close with a Bullish bar, looks like we may see a technical rebound soon!


After this temporary rebound, will it continues to go lower or fight back to reverse this downtrend mode. We shall wait for market to tell us the answer!


The strong support level is around 44 cents, lets see if it would go lower to revisit 44 agAin!.


Dividend is about 4.1 cents.
Yield is 7+% looks rather attractive!

Not a call to buy or sell.
Pls dyodd.


Friday, March 13, 2020

Mapletree Comm Tr

Last Friday low was $1.93,looks pretty interesting!

It has managed to bounce off strongly and close higher at $2.07 with a bullish bar, looks positive!

Those that has boarded at $1.93 - $1.98 can book a nice profit liao!


Short term wise, I think we may see a counter trend rebound! Likely to retest 2.15 then $2.20 with extension to $2.30 level.


NAV $1.76.
Overall trend is down!
Will it go down to revisit $1.76, only time will tell us.


Not a cAll to buy or sell!
Pls dyodd.



Thursday, March 12, 2020

Haw Par

Chart wise, today a bullish pin bar has appeared and it seems that Bull has manage to take control of the Bear.


 It has managed to bounce off from the support at 10.57 and close slightly higher at 10.86.


 NAV of $14+ . P/B is below 1 and PE I'd 13+ seems interesting!


Short term wise, let monitor and see if it is able to follow through and continue to rise higher for the next 2 days. Failure to do so, I think it may continue to head south and go further down to test $10 or $9.90 level.

Not a call to buy or sell.
Pls dyodd.

Tuesday, March 10, 2020

Ocbc Bank

A nice green bar after being sold down for the past few days, looks pretty encouraging! Hopefully, we may see a follow through session for tomorrow and tell the 3rd green bullish bar!


 NAV $10.37. Dividend of 53 cents. Yield is about 5.45%. Looks rather attractive!


 If it is able to reclaim $10 and rises higher to cover the Gap at $10.21 that would be positive and may likely move further up to retest 10.80 then $11.00 again.


Not a call to buy or sell.
Pls dyodd.

DBS Group

Finally, a green candlestick appeared today afters many days of selling down, will it follow through and show it to us a second green bar and hopefully the third candlestick as well!

Short term wise, I think it may likely retest $2.55 again!
Crossing over smoothly plus good volume that may likely drive the price higher towards$2.60 then $2.65 with extension to$2.72 level.



Short term wise, I think it may likely retest $2.55 again!
Crossing over smoothly plus good volume that may likely drive the price higher towards$2.60 then $2.65 with extension to$2.72 level.

If the market sentiment improve we may likely see the price moving up to retest $23 then $23.90.

Not a call to buy or sell.
Pls dyodd.

Sunday, March 8, 2020

CMT

Chart wise, looks bullish!
She has managed to stage a nice recovery from $2.23 to touch the high of $2.55 before profit taking place and close slightly lower at $2.48, looks like bull is in control!


Short term wise, I think it may likely retest $2.55 again!
Crossing over smoothly plus good volume that may likely drive the price higher towards$2.60 then $2.65 with extension to$2.72 level.


Not a call to buy or sell.
Pls dyodd.

Saturday, March 7, 2020

Nikko STI ETF

I think this is another no-brainer strategy counter that is yielding about 3.93% which is quite decent!


The current price is trAding below RSI 30 which has been driven into oversold territory,looks rather interesting!


A no-brainer straits to buy when the price has fallen below RSI 30 & sell to lock profit when price is above RSI 70.


Not a call to buy or sell.
Pls dyodd.



Friday, March 6, 2020

DBS Group

Within a short span of a few days, the price has fallen from 25+ to $23.00 . The selling down has wiped off the dividend declared of 33 cents, looks like this weakness may continue for the coming week!


Short term wise, I think the immediate support at 22.65 need to hold .If not, further selling down pressure may see the price sliding down to 21.41 level with extension to 20.00.


Not a call to buy or sell.
Pls dyodd.

Thursday, March 5, 2020

STI ETF

I think Good opportunity is here again!
Price has fallen below RSI 30 level, looks interesting!
Will we be seeing a rebound from here!


Yearly dividend of 10.7 cents.
Yield is 3.8%.


The current price is $2.90.

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.

Wednesday, March 4, 2020

MapleTree Comm Trust

Chart wise, she is doing a counter trend/reversal playing mode!

Short term wise , I think she may still rise a bit.

The resistance level will be at 2.40 level.


I think profit taking is happening as it has rebound strongly from 2.04 to 2.34 within a short span of 3 days. Explosive move, likely to retrace..

Not a call to buy or sell.
Pls dyodd.

CapitaMall Trust

Chart wise, looks Bullish!
The current price of 2.51 is trading above it SMA lines which is rather positive and may likely see further upwards movement.


Short term wise, I think it may likely move up to retest 2.55 level.
Crossing over 2.55 with ease plus good volume that may drive the price higher towards 2.60 then 2.65 with extension to 2.72 level.


Not a call to buy or sell.
Pls dyodd

UOB

Chart wise, looks super bearish!
Looks like it may continue to head south!


Short term wise, I think it may go down to retest the pivot low of $23.50. Breaking down may likely see $23.00.


Yearly dividend of $1.10 + $0.20 special dividend,total $1.30 looks attractive yield of 5+%.


I am waiting for the price to stabilize then collect a bit!

Not a call to buy or sell.
Pls dyodd.

Tuesday, March 3, 2020

DBS Group

The rebound was short-lived and it is now experiencing another leg down!
It is getting more attractive in terms of dividend yield.


I think this selling down is due to US cutting a 0.5% interest rate basis point


I think some may see this as an opportunity to accumulate!

Not a call to buy or sell.
Pls dyodd.

28th Feb 2020
I think we may likely see a rebound soon!
The price has fallen from 26.00 to 24.11 within a span of 1-2 weeks.

RSI & MACD has been driven to oversold territories.


At $24.11, yield is almost 5.47% which is pretty attractive!

I think market bear is giving value investor an opportunity to kio durians!

Not a call to buy or sell.

Pls dyodd.


CMT

Two bullish bars appeared on the chart, looks rather positive!
Likely to see another bullish bar follow through tomorrow!


With US cutting interest rate of 0.5 % reit may get boosted again!


Let's see how it fares tomorrow!

I think likely to retest $2.40 then $2.50 level.

Pls dyodd.

Looks like it has been corrected from 2.66 to touch the low of 2.42 last Friday, looks rather interesting!


 It has come back to the nice accumulation area for a bounce again to take it higher!


 The merger of CCT and CMT would likely create the next Biggest commercial and retail reit counter in Singapore, looks rather positive!


 I have taken this opportunity to re-enter a small sample and would like to participate in this merger exercise to reap the future rewards!

 Short term wise, I think it may likely retest the pivot low of 2.39 and may likely see a rebound from here and rises higher to $2.52 then 2.58 & above.


 Yield is of 5.03% at $2.45 base on the estimated dpu of 12.34 cents.


Not a call to buy or sell. Pls dyodd.

Sunday, March 1, 2020

DJI

Last Friday we had an interesting sessions whereby the DOW Jones index was beaten down another 1000+ points but Bull has mange to fight back and close slightly down by 350 points, looks rather positive!


A bullish Pin bar coupled with High volume this is rather positive!

I think Monday market will let us know if she is going to rebound or continue to go further Down!


Over the weekend mArket is still being clouded with the negative sentiment not sure how this is going to pans out for the Monday  session!



Let's monitor before making the next course of action!

Pls dyodd.

MapleTree Comm Tr

Last Friday, we had witnessed the Gap down scenario and went lower to touch $2.04 before Bull pushed it back to close at $2.10.
Looks pretty encouraging! We may need to monitor to see how this pent out for the next few days!


If it is able to rebound from here and rises higher to reverse this down trend or continue to be under  selling down pressure whereby $2.04 has been broken down that would be rather Bearish. 

Short term wise, I think is good to monitor and wait for market clarity/direction.


A breaking down of the recent low of $2.04 may smell trouble and might see the price sliding down further towards 2.00 then 1.95 with extension to 1.90.. 

Pls dyodd.

TA wise, it has turned into bearish mode!



 At this rate of dropping, the price may go below $2.10 soon with we to $2.00.



Not a call to buy or sell. Pls dyodd.