Friday, October 30, 2020

Ascendas Reit

 Chart wise, looks bearish!

Likely to see further selling down pressure!

I think IS good to wait for the price to stabilize first before taking further actions!




Short term wise, I think likely to go down to retest 2.73 level. Breaking down of this level plus high volume that may likely drive the price lower towards $2.53 then $2.40 with extension to $2.22.


Not a call to buy or sell.

Pls dyodd.


FCT

 Chart wise, looks rather bearish!

Likely to continue to trend lower!




Short term wise, I think likely to go down to retest $1.92.

Breaking down of $1.94 plus high volume that may likely drive the price lower towards $1.80 then $1.70 with extension to $1.58.


Not a call to buy or sell.

Pls dyodd.


Thursday, October 29, 2020

MNACT

 First half result is out! DPU of 2.876 cents is lowered than last year!

Occupancy rates is still quite impressive at 96%.

Insurance claims is non distribution income!




DPU of 2.876 cents I think is not bad which is yielding a yield of 6.3% base on closing price of 88.5.


Not a call to buy or sell.

Pls dyodd.

 Chart wise, looks bearish!

Likely to see further weakness!



The recent acquisition for Korea property seem to have short-lived, price started to turn weaker.


NAV $1.40.P/B 0.656 seems rather undervalued!

Result is due on 29th Oct 2020 looking forward for the coming dividend announcement!



Not a call to buy or sell.

Pls dyodd.


Tuesday, October 27, 2020

CMT or CICT

 Chart wise, looks bearish!

Likely to continue to trend lower!



Short term wise, I think she may likely move down to retest the recent low of $1.80. Hopefully,it can bounce off from here and rises higher! If not, it may continue to see further weakness!

Not a call to buy or sell.
Pls dyodd.


Maple Ind Trust

 Chart wise,looks bearish!

Likely to continue to trend lower!




2nd quarter result is out dpu is down 1% to 3.1 cents including the enlarge acquisitions doesn't look so rosy ! 

Short term wise, Likely to go down to test $3.00. Breaking down of $3 + high volume likely to drive the price lower towards $2.91 then $2.80 with extension to $2.63.



Yield is merely 4% no longer look cheap. 


Not a call to buy or sell.

Pls dyodd.


Monday, October 26, 2020

Capitaland

 Chart wise, looks bearish!

Likely to continue to trend lower!


  Short term wise, I think she is likely to breakdown the support at $2.66 level. Breaking down plus high volume that may likely drive the price lower towards $2.50 then $2.40 with extension to $2.18 level.


Not a call to buy or sell.

Pls dyodd.


Saturday, October 24, 2020

Capita Comm trust

 Can look forward for The cash to be credited on 28th Oct plus ALLOCAting of new CMT share on 28th Oct.  I think can Start trading from 28th Oct.




CMT will be rename to CICT on 3rd Nov. 

Share holder of CCT can expect to receive the balance or clean up distribution on 30 Nov.



Friday, October 23, 2020

SPHReit

 I think the General is leading the price direction towards 76.5 cents level!




I think breaking down of 76.5 cents plus high volume that may likely drive the price lower towards 71 then 67 cents.



Not a call to buy or sell.

Pls dyodd.


CapitaR China trust

 Chart wise, doesn't look so rosy!Be careful, she is into gostun mode!





Sqhort term wise, I think she may go down to retest $1.20 .

Breaking down of $1.20 plus high volume that may likely drive the price lower towards $1.15.



Not a call to buy or sell.

Pls dyodd.



OcbcBank

 Not bad! Yesterday managed to touch the high of $8.85 looks rather positive!

Close well above $8.80 level ,up 5 cents at $8.81.




Byut the volume isn't that convincing!

Let's see will it continues to move up from the current price level and rises higher to retest $9.00 and above!



Pls dyodd.



 TA wise, looks rather bullish!




Likely to make another attempt at $8.80! Breaking out plus high volume that would likely drive the price higher towards $8.80 then $9.00.

NOT a call to buy or sell.

Pls dyodd.


Thursday, October 22, 2020

Suntec Reit

 3rd quarter dpu of 1.848 cents is much higher than last quarter of 1.5 cents, looks rather positive!



Chart wise, looks like she is moving up to retest $1.50 again! A nice breakout smoothly plus good volume that may likely drive the price higher towards $1.60 & above.



Pls dyodd.


 Chart wise, she is trading at the Support level hopefully can bounce off higher from the current price level!




Shrort term wise, either a breakdown or a technical rebound from the current price level. 

NAV $2+. They keep expanding and adding new property seem likely to boost their NPI and DPU.

Current price of 1.43 looks rather undervalued.


Not a call to buy or sell.

Pls dyodd.

Mapletree Comm trust

 Chart wise, looks bearish!

Likely to see further weakness!

Hopefully, the newly released financial result for 1st half DPU drop 9.9% to 4.17 cents may bring some cheers to share holder.




Their occupAncy percentage for their portfolio seem pretty good above 90%.

XD 29 Oct.

Pay date 27 Nov.

Huat ah!

Pls dyodd.






Wednesday, October 21, 2020

Ascendas Reit

 Chart wise, looks rather bearish!

Likely to see further weakness!

The current price of $3.16 is trading below its SMA lines that may likely see further selling down pressure!




Short term wise, she may likely go down to retest $3.00 and then $2.90.


Not a call to buy or sell.

Pls dyodd.


Tuesday, October 20, 2020

OcbcBank

 TA wise, looks rather bullish!




Likely to make another attempt at $8.80! Breaking out plus high volume that would likely drive the price higher towards $8.80 then $9.00.

NOT a call to buy or sell.

Pls dyodd.


UOB

 Chart wise, looks rather bullish!

Slowly creeping higher, likely to retest $20 again!




Short term wise, I think high probability of moving up to re-attempt $20. Breaking out of this level plus high volume that may likely drive the price higher towards $21 then $22.



Not a call to buy or sell.

Pls dyodd.

CCT

 Tomorrow result is out!

Wondering what would be the NPI and DPU for the coming quarterly result announcement!

If DPU is showing some improvement than high chance CICT or CMT may see some buying interest.


Not a call to buy or sell.

Pls dyodd.


Chart wise, she has bounced off from the support at $1.56 and close at $1.59 , looks quite positive!



Short term wise, I think price may rise higher to retest $1.62 then $1.66 level.
It might be fluctuating within the range of $1.56 to $1.66 unless a breakout scenario is happening.


Not a call to buy or sell.
Pls dyodd.

Saturday, October 17, 2020

Ireit Global

 Chart wise, looks bearish!

Likely to go down to retest 60 cents again!


Short term wise, I think breaking down of 60 cents plus high volume that may likely drive the price lower towards 57 cents and below!


I think with so many new share issue, dpu likely to be lowered .


Not a call to buy or sell.

Pls dyodd.


Suntec Reit

 Chart wise, she is trading at the Support level hopefully can bounce off higher from the current price level!




Shrort term wise, either a breakdown or a technical rebound from the current price level. 

NAV $2+. They keep expanding and adding new property seem likely to boost their NPI and DPU.

Current price of 1.43 looks rather undervalued.


Not a call to buy or sell.

Pls dyodd.

Thursday, October 15, 2020

MapleTree NAC

 Chart wise, looks bearish!

Likely to see further weakness!



The recent acquisition for Korea property seem to have short-lived, price started to turn weaker.


NAV $1.40.P/B 0.656 seems rather undervalued!

Result is due on 29th Oct 2020 looking forward for the coming dividend announcement!



Not a call to buy or sell.

Pls dyodd.



Wednesday, October 14, 2020

Frasers CPT

 Chart wise, looks bearish!




I think she is heading further down to retest $2.25 then $2.20 level.

Not a call to buy or sell.

Pls dyodd.



Monday, October 12, 2020

Olam Intl

 Chart wise, looks bullish!

Likely to see further upwards movement!




Short term wise, I think she may likely move up to retest $1.40 again!


Not a call to buy or sell.

Pls,dyodd.



Saturday, October 10, 2020

STI ETF

 


Indeed a good bounced off from below RSI 30 below 2500 level. 




Let's see how she fare for the coming week!

Likely to see further upwards movement if it can breakout the recent high!

Pls dyodd.



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.

Friday, October 9, 2020

CapitaMall trust

 Chart wise, likely to go down to retest the lower Trend Line at $1.93 .This may present us an opportunity to see if it bounce off from here and rises higher!




With the merger of CCT getting closer towards the XD,XR rate I think current price weakness may present us an opportunity to take a second look of this Singapore future biggest reit counter!

Short term wise, I think it may likely rebound from the lower Trend Line and rises higher towards $2.02 level.

Not a call to buy or sell.

Pls dyodd.





Thursday, October 8, 2020

Olam Intl

 Chart wise, looks bullish!




A nice breakout of $1.31 level smoothly coupled with high volume that may likely drive the price higher towards $1.35 then $1.38 .


Not a call to buy or sell.

Pls dyodd.



Saturday, October 3, 2020

Koufu

Chart wise, she is likely to go down to retest the major support at 62-62.5 cents. 




Breaking down of this support will be rather bearish!

The next support is at 60 cents!


Not a call to buy or sell.

Pls dyodd.



Friday, October 2, 2020

SATS

Chart wise, looks like she is doing a reversal trend ,likely to see further upwards movement!




Short term wise, I think she may rise higher to retest the recent high of $3.21. Breaking out plus high volume that may likely drive the price higher towards $3.40 then $3.51.


Not a call to buy or sell.

Pls dyodd.



Thursday, October 1, 2020

CapitaR China trust


Finally, she is showing us a nice white soldier yesterday ,price gained 5 cents to close well at $1.16, looks rather positive!




The price has managed to claim back above its 20 days Moving Average,looks quite encouraging if it can overcome the hurdle at 50 days Moving Average!

A nice breakout of $1.20 coupled with high volume that may likely drive the price higher towards  $1.26 and above.

Pls dyodd.

 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.