Pages

Pages

Friday, July 31, 2020

SIA

TA wise, super bearish!
It has broken the recent low of $3.53 plus close lower at $3.42 coupled with high volume this is rather negative!



Short term wise, I think likely to go down to test $3.
Breaking down of $3 plus high volume that may likely drive the price lower to retest $2.70 again.


Not a call to buy or sell.
Pls dyodd.

Thursday, July 30, 2020

DBS Group

TA wise, looks bearish!
With the Gap down candlestick reflected on the chart yesterday looks like we may see further weakness!


The price falling might be due to dividend may be cut for Y2020. The coming quarter result would provide us with further insight!


Short term wise, I think price may continue head further south!
Breaking down of 18.90 plus high volume that may likely drive the price lower towards 18.00 with extension to 16.70.

Not a call to buy or sell.
Pls dyodd.


Keppel Corp

Chart wise, looks rather bearish!
Today we have witnessed a wide bearish bar down 20 cents to close lower at $5.40, seems rather negative.


The result was out after trading hours and recorded a net loss that may be the reason why price tanked during the trading hours. 


Interim dividend was slashed from 8 cents to 3 cents.
I think, short term wise doesn't look rosy!

Likely to see further selling down pressure and may see price sliding down to retest $4.90 again!

Not a call to buy or sell.
Pls dyodd.

Monday, July 27, 2020

CapitaRetail China Trust

Chart wise, looks bearish!
Today Gap down before result announcement tomorrow that is 29th July doesn't look good!


Immediate support is at $1.23.
Breaking down of $1.23 plus high volume that may likely see further selling down pressure towards $1.20 then $1.17 with extension to $1.10.

Not a call to buy or sell.
Pls dyodd.


Sunday, July 26, 2020

First Reit

Chart wise, looks super bearish!
After the announcement of the recent quarter result plus a substantial dropped in dpu to 0.44 cents vs the usual of dpu of 1-2 cents looks like investor are taking a cautious mode!


The rate of the price dropping from around 70 cents to the current price of 55 cents looks rather bearish and may likely see further selling down pressure.

Short term wise, I think it may go down to retest the recent low of 50 cents .
Breaking down of 50 cents plus high volume that may likely see the price sliding down further towards 45 cents and below.


Not a call to buy or sell.
Pls dyodd.



CapitaComm Trust

Chart wise, is still being stuck in a consolidation mode!

2nd quarter dpu of 1.69 cents. Together with first quarter 1.65 cents, shareholder can expect to receive the dividend payout of 3.34 cents for first 6 months period.
Ex.dividend date on 30 July.


NAV 1.84.
Yearly DPU is about 7 cents. Yield is 4% base on current price of 1.71.

I think price seem to have priced in the current market situation.
High probability it may resort to breaking out of the consolidation zone.


Not a call to buy or sell.
Pls dyodd.




Saturday, July 25, 2020

Silverlake Axis

A nice spike up movement for the past 2 days ago coupled with super high volume looks bullish !

Looks like something is brewing!


Short term wise, I think it may likely retest the recent high of 29 cents/30 cents .
A nice breakout plus high volume that may likely drive the price higher towards 36 cents & above.


Not a call to buy or sell.
Pls dyodd.

STI

STI is heading towards the downtrend mode!
Bear is having the upper hand.


If the recent low of 2570 is being broken down then next, she may slide further down toward 2490 level.


Not a call to buy or sell.
Pls dyodd.

Thursday, July 23, 2020

Maple log trust

Today breakout looks like market are looking for safe haven reit counter like MLT, MIT and AR the movements seem rather unusual!


I think is Good to be cautious not too chase at all time high price for logistics & industrial reits yielding about 4% or below 4 % yield that is considered overpriced base on reit investing principles.


How long this is going to last , nobody knows !
What goes up high will come down eventually.

Not a call to buy or sell.
Pls dyodd.

Tuesday, July 21, 2020

CapitaComm Trust

Result is out!
2nd quarter dpu of 1.69 cents slightly better than first quarter dpu of 1.65 cents. XD 30/7.

Tomorrow 2nd quarter result announcement before trading commenced.
If the DPU is not too bad then I think price may rise higher towards $1.80.
First quarter dpu is about 1.65 cents. Together with 2nd quarter dpu, can expect a payout of more than 3 cents for the coming dividend.


Chart wise, still stuck in a consolidation mode!
Need a nice rebound to cross over 1.80 smoothly plus high volume in order to drive the price higher towards 1.85 and above.

Not a call to buy or sell.
Pls dyodd.


Monday, July 20, 2020

Medtecs Intl

Chart wise, looks like it is rejecting the high of 79 cents and went down to touch 73 cents looks like we may see further correction taking place .


Short term wise, I think is always good to secure the profit!
A breaking down of 69 cents plus high volume that may likely drive the price lower towards 60 cents!


Not a call to buy or sell.
Pls dyodd.

Sunday, July 19, 2020

Ascendas-iTrust

Chart wise, looks rather bearish!
Likely to see further weakness!


Short term wise, I think likely to go down to retest $1.20.
Breaking down of this level plus high volume that may likely drive the price lower towards $1.15 then $1.10.


Not a call to buy or sell.
Pls dyodd.

Saturday, July 18, 2020

SGX

Chart wise , still stuck in a consolidation mode for almost 2 months.
MACD is slowly rising up looks like we may witness a breakout moment and take the price higher!


Short term wise, a nice crossing over of 8.40 plus high volume that may likely drive the price higher towards 8.50 then 8.60 with extension to 9.00.


Not a call to buy or sell.
Pls dyodd.

Wednesday, July 15, 2020

Riverstone

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


Short term wise, likely to retest $3 again! Breaking down plus high volume that may likely drive the price lower towards 2.80 & below.


Not a call to buy or sell.
Pls dyodd.

Tuesday, July 14, 2020

DJI

Chart wise, looks rather weAk and it may likely continue to head further south!


The index has run up quite a bit could be due to liquidity but I think reality will likely set in!


Short term wise, I think it may go down to retest 25000 level.

Not a call to buy or sell.
Pls dyodd.


Monday, July 13, 2020

Valuetronics

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


Short term wise, I think it may likely go down to retest 50 cents again!
Breaking down of this level plus high volume that may likely see the price sliding further down towards 45 cents.

Not a call to buy or sell.
Pls dyodd.


CapitaMall Trust

Chart wise, looks rather bearish!
Likely to see further weakness!


Short term wise, I think it may go down to retest the pivot low of $1.95.
Breaking down of this level plus high volume that may likely see the price sliding down further towards $1.83 then $1.80 level.


Not a call to buy or sell.
Pls dyodd.

Mapletree Comm Trust

Today close with a Bearish bar down 3 cents at $1.93 looks rather weak and may likely see further selling down pressure!


The current price of $1.93 is trading below its SMA lines likely to see further weakness.

Short term wise , I think it may likely go down to retest the pivot low of $1.89.
Breaking down of this level plus high volume that may likely see the price sliding down further towards $1.77 then $1.70 with extension to $1.60 level.


Not a call to buy or sell.
Pls dyodd.

Riverstone

Today close with a doji plus super high volume seems like uncertainty likely to see further weakness!
I think it has overrun and the current price of $3.32 has drifted far away from the SMA lines likely to see some selling off pressure.


Short term wise, I think it may likely go down to retest $3.02.
Breaking down of $3.02 plus high volume that may likely see further selling down pressure to take the price lower towards $2.80 level.


Not a call to buy or sell.

Pls dyodd.

Wednesday, July 8, 2020

Accordia Golf

Chart wise,looks bullish!
Likely to see another explosive move to take it higher towards 76 cents!


Not a call to buy or sell.
Pls dyodd.


Today another gap up close 4.5 cents higher at 68.5 cents coupled with high volume looks pretty encouraging!


With the offer deal at 73.2 cents , dPu of about 1.14 cents is on the way depending on company further announcement plus cash on hands I think she may likely re-attempt 76-cents again which is the recent high.


Not a call to buy or sell.
Pls dyodd.


Monday, July 6, 2020

Sasseur Reit

Chart wise, looks bullish!
Likely to see further upwards movement!


Short term wise, I think it may move up to retest 80 cents again!

A nice breakout coupled with high volume that may likely drive the price higher towards 84 then 88/90 cents.

Not a call to buy or sell.
Pls dyodd.


Dbs

Chart wise, looks rather bullish!
A nice white soldier appeared on the chart yesterday plus closing well at $21.97 looks rather positive!


Short term wise,I think likely to retest the pivot high of $22.22.

Breaking out plus high volume that may likely drive the price higher towards $23.00 then $23.58.


Not a call to buy or sell.
Pls dyodd.