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Wednesday, September 30, 2020

CapitaMall trust

 Chart wise, looks rather bearish!

Yesterday the gap down candlestick doesn't bode well for the price direction,likely to trend lower!




MA is turning downwards which might be an indication of further selling down pressure!

Not a call to buy or sell.

Pls dyodd.


Tuesday, September 29, 2020

FCT

 Looks like market doesn't really in favour of this news.Price dive 15 cents to close at 2.37 coupled with super high volume seem rather negative!

Looking at the chart, it may likely go down to retest the support at 2.30 .




PO at 2.34 for 290 share for every 1000 share. XD 5/10.CD 4+ cents, XD 6/10.


Not a call to buy or sell.

Pls dyodd.


Sunday, September 27, 2020

Lendlease

 Chart wise, uptrend mode is still intact. Likely to continue to trend higher!



Short term wise, I think she may rise up to retest the recent high of 71 cents. A nice breakout plus high volume that may likely drive the price higher towards 77.5 cents then 80 cents.


Not a call to buy or sell.

Pls dyodd.



Saturday, September 26, 2020

CCT

 Chart wise,looks like she may move up to retest $1.77 level again!




A nice breakout coupled with high volume that may likely drive the price higher towards $1.80 & above.

Not a call to buy or sell.

Pls dyodd.



Friday, September 25, 2020

CapitaR China trust

 I think she has more or less found her support at $1.12 - $1.13.

Seem rather oversold and undervalued is appealing!




NAV $1.5+.

Yield is about 5.35%.

Gearing is below 35%. Strong sponsor, good manAgement.

I think we can only see this kind of price during bad time. When situation improve, I think she may rise bAck to normal trading range of $1.40-$1.55.



Not a call to buy or sell.

Pls dyodd.



UOB

Wah, bank counter are trending lower and lower each day, seems like no Sunny day !

When will it climb up the ladder again! 

Yearly dividend of 78 cents.

Yield is at 4.1% based on $19.10, looks pretty decent yield.




Not sure when this bearish saga will reverse and do a u-turn to bring some cheers for the shareholders.



NAV $22..  Looks pretty attractive!

Not a call to buy or sell.

Pls dyodd.


 

Thursday, September 24, 2020

STI Etf


She is trending lowered and lowered has to be careful!



I think IS ok to stay sideline and monitor till market direction is clearer!

Pls dyodd.



Chart wise, rather bearish!
Likely to continue to trend lower and perhaps it may go below RSI 30..


I think IS good to be patient and wait for this moment to come!

Pls dyodd.

Looks like the price is trading near RSI 30 might be a good opportunity for those that are waiting for the boat to come back.




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 gauge when it is 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.

Pls dyodd.

Sunday, September 20, 2020

ParkwayLife Reit

 Chart wise, we had witnessed the overly extended price to rise higher to touch the high of $4.52 and succumbed to profit taking to close lower at $4.29. This rejection coupled with super high volume might be a tell tale sign for us to get out or locked in profit.

Short term wise, I think we may likely see a retracement happening soon!




It may continue to rise after the short pause but we can never know what could happen after that.

Yield is getting lowered each day at 3.1% , P/B of 2.129x seem highly overpriced!

For investing, I would patiently wait for the correction to take place before making any actions.

Not a call to buy or sell.

Pls dyodd.



Saturday, September 19, 2020

Mapletree Industrial Trust

 Chart wise, looks bullish!

Keep trending higher! But yield is getting lower each day.

Yield is about 3.46%.

P/B is 1.975 almost 2x.

Valuation wise is likely over stretched!

Short term wise, I think she may move up to retest $3.20 level.




Breaking out plus high volume that may likely see further upwards movements!

For Investing, I think it might be good to wait for the retracement/correction to trigger than decide to take further action.

Investing is also voiced down to getting the good entry point plus reasonable yield of min 5% for the famous reits.

Not a call to buy or sell.

Pls dyodd.




IReit

 The rights issue price of 49 cents ex.Rights in 25 September 2020 likely to see further correction come next week!




Every 1000 share you are allotted 454 Rights share at 49 cents each.

The current price of 73 cents + Rights price of 49 cents, the adjusted avg price is about 65 cents.

Short term wise, I think she may go even lower before ex.Rights date .

Price may correct below 60 cents.

Not a call to buy or sell.

Pls dyodd.



Friday, September 18, 2020

Genting Sing

Chart wise, looks rather interesting!

She is trading at an attractive yield of more than 5%. NAV of 63+ cents. Looks like a pretty good accumulation point!




Short term wise, I think she may likely move up to retest 70 cents!

Breaking out smoothly plus good volume that may likely drive the price higher towards 75 cents then 80.



Not a call to buy or sell.

Pls dyodd.


Thursday, September 17, 2020

CCT

lai ah, merger deal offer! Looks like price may continue to trend higher!

 



Short term wise, I think it may likely move up to retest $1.80. Breaking out of $1.80 smoothly plus high volume that may likely drive the price higher towards $1.90 then $1.99. 

 Not a call to buy or sell. Pls dyodd.

Wednesday, September 16, 2020

Sasseur reit

Chart wise, looks rather interesting!
Likely to move up to retest 80 cents!


Short term wise, She is moving up to re-attempt 80 cents!
Breaking out of this level plus high volume that may likely drive the price higher towards 84 cents then 90 cents.


Not a call to buy or sell.
Pls dyodd.

Monday, September 14, 2020

Ocbc Bank

Lai ah, waiting for the breakout moment!
Pls dyodd.


Lai ah, chiong ah!
The local bank look lackluster all stuck in a consolidation range waiting for next catalyst to happen.

The current price of 8.68 is trAding at price per book of 0.83 looks pretty oversold!



Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.


LendLease reit

TA wise, looks bullish!
Likely to continue to trend higher!


Short term wise, I think a nice breakout of 68.5 cents smoothly plus high volume that may likely drive the price higher towards 70 cents then 77.5 cents.


Not a call to buy or sell.
Pls dyodd.

Friday, September 11, 2020

STI ETF

Chart wise, rather bearish!
Likely to continue to trend lower and perhaps it may go below RSI 30..


I think IS good to be patient and wait for this moment to come!

Pls dyodd.

Looks like the price is trading near RSI 30 might be a good opportunity for those that are waiting for the boat to come back.



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 gauge when it is 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.

Pls dyodd.

Apple

Chart wise, looks bearish!
Likely to see further selling down pressure!


Short term wise, I think she would like go down to retest the pivot low of 109.
Breaking down of 109 plus high volume that may likely drive the price lower towards 100 then 88 & below.

Pls dyodd.


TA wise, looks like it could be the start of the reversal trend !
The uptrend has weaken and may likely lapse into Bearish mode!




Short term wise, I think it may go down to retest $100.
Breaking down of $100 plus high volume that may likely drive the price lower towards $80..


Not a call to buy or sell.
Pls dyodd.



Thursday, September 10, 2020

Riverstone

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


Short term wise, I think she may likely go down to retest $2.92.

Breaking down of $2.92 plus high volume that may likely drive the price lower towards $2.30 level.

Not a call to buy or sell.
Pls dyodd.

Wednesday, September 9, 2020

AEM

TA wise, looks bearish!
Likely to continue to trend lower!
Pls dyodd.



Looks like it could be the start of tech counter being sold down for an overdue major correction as the recent running out could be running out of steam!



If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Watch out for the pivot low of $3.92. Broken down of $3.92 plus high volume that may likely drive the price lower to $3.78 then $3.60 & below.


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.


CCT

Chart wise, looks like it is gaining strength and may likely make another attempt to retest $1.73.



Breaking out of $1.73 smoothly plus high volume that may likely drive the price higher towards $1.84 with extension to $1.91..



Not a call to buy or sell.
Pls dyodd.


KepCorp

The price keep dropping lower and lower each day even when the company has been supporting in buying back the share looks rather bearish!


Short term wise, I think it may go lower to retest $4.00 !

Pls dyodd.


The current price level looks interesting! Hovering near the crucial support level.


NAV $6+. Seems like super oversold liao!

Short term wise, I think we may witness a technical rebound and bring the price higher!


Not a call to buy or sell.
Pls dyodd.


Tuesday, September 8, 2020

STI

Chart wise, bearish mode!
The immediate support at 2478 need to hold. If not we may see further correction and bring the index down towards 2400 level.


Short term wise, I think she may likely retest 2478 level. Breaking down of this level plus high volume that may likely drive the price lower towards 2400 then 2300 with extension to 2210.


Not a call to buy or sell.
Pls dyodd.

Apple

TA wise, looks like it could be the start of the reversal trend !
The uptrend has weaken and may likely lapse into Bearish mode!


Short term wise, I think it may go down to retest $100.
Breaking down of $100 plus high volume that may likely drive the price lower towards $80..


Not a call to buy or sell.
Pls dyodd.


Monday, September 7, 2020

Comfort Delgro

Lai ah, watch out for the breakout moment at $1.54 & drive the price higher towards $1.61 and above.


Not a call to buy or sell.
Pls .

Chart wise, 3 white soldiers looks rather positive!

Likely to continue to trend higher!




Short term wise, I think it may likely move up to retest $1.54 .

Breaking out of $1.54 plus high volume that may likely drive the price higher towards$1.60 then $1.67.

Not a call to buy or sell.
Pls dyodd.


CapitaComm trust

Chart wise, looks like it is gaining strength and may likely make another attempt to retest $1.73.


Breaking out of $1.73 smoothly plus high volume that may likely drive the price higher towards $1.80 with extension to $1.91..


Not a call to buy or sell.
Pls dyodd.

Sunday, September 6, 2020

Ifast

Chart wise, uptrend mode is still intact!
Likely to continue to trend higher!


Short term wise, I think she may move up again to retest the recent high of $2.50 after taking a short breather.
Breaking out of $2.50 smoothly plus high volume that may likely drive the price higher towards $2.60 & above .


Not a call to buy or sell.
Pls dyodd.

Saturday, September 5, 2020

Creative

Chart wise, super bearish!
Likely to continue to head further south!


It seems that price has frizzled off during the launch of their new headset tonggle 1 or 2 years ago. From the high of $10.00 it has succumbed to selling down pressure to close at $2.40 last Friday looks rather negative!


Short term wise, I think it may likely see further weakness!
If $2.00 support has been broken down then it may well go further down towards 1.80 then $1.50 with extension to $1.00.


Not a call to buy or sell.
Pls dyodd.

Food Empire

Chart wise, remain bullish!
Uptrend mode still intact,likely to continue to trend higher after this short break!


Look for a nice breakout of 64.5 cents smoothly and sail ahead toward 70 cents!


Not a call to buy or sell.
Pls dyodd.

Huat ah! Looks like she is getting ready for a nice breakout!


A nice breakout of 63 cents plus good volume that may likely drive the price higher towards 70 cents.


Pls dyodd.

Wah, chiong ah! Nice breakout!
Likely to continue to trend higher!


Short term wise, I think it may likely move up to retest 63 cents.
A nice crossing over smoothly plus good volume that may likely drive the price lower towards 70 cents then 76 cents.


Not a call to buy or sell.


Pls dyodd

Friday, September 4, 2020

DJI

Last night it was a volatile session whereby the Dow index went down to 27664 & managed to see some buying interest and pushed the index back to 28133 level.
Although some buying interest has help to prevent the index from closing below 28000 level which is quite a relief but I think is Good to monitor and wait for clearer direction.


Short term wise, I think is Good to watch out the pivot low of 27526 level. Breaking down of this level would be super bearish!


Pls dyodd.


Looks like the falling of the giant !
Bearish engulfing candlestick which signify the start of a reversal trend ! Don't play play!


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.


Thursday, September 3, 2020

AEM

Looks like it could be the start of tech counter being sold down for an overdue major correction as the recent running out could be running out of steam!


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Watch out for the pivot low of $3.92. Broken down of $3.92 plus high volume that may likely drive the price lower to $3.78 then $3.60 & below.


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.

Dow Jones Index

Looks like the falling of the giant !
Bearish engulfing candlestick which signify the start of a reversal trend ! Don't play play!


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.