Monday, November 30, 2020

Ocbc Bank

 Today she is having a Gap down candlestick looks rather bearish,likely to see further weakness!




Pls dyodd.



Chart wise, looks like we are going to see a Reversal downtrend happening soon! Bearish engulfing candlestick, big fish offload liao!


Short term wise, I think likely to see further profit taking and drive the price lower. not a call to buy or sell. Pls dyodd.

Sunday, November 29, 2020

UOB

 Chart wise, looks like she has further weaken and may likely continue to trend lower!




Short term wise, I think she may likely go down to retest $22.00.

Breaking down of this level plus high volume that may likely drive the price lower towards $21.00.


Pls dyodd.




Chart wise, looks like reversal is happening now! Bearish engulfing candlestick, big fish are offloading..


Short term wise, I think likely to see further selling down pressure! Not a call to buy or sell. Pls dyodd.

CRCT

 Chart wise , looks bearish!

Likely to see further weakness!


Short term wise, I think she may move down to retest $1.20 again!




Breaking down of this level plus high volume that may likely drive the price lower towards $1.16 & below.


Not a call to buy or sell.

Pls dyodd.


MLT

Looks like she is moving up to retest $2.00.




Need a nice push to reclaim $2.02 smoothly in order to reverse this downtrend chart patterns!


Not a call to buy or sell.

Pls dyodd.


Saturday, November 28, 2020

Frasers Property

 TA wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think likely to move up to re-conquer $1.32. A nice breakout coupled with high volume that may likely drive the price higher towards $1.40 with extension to $1.51 .


Not a call to buy or sell.

Pls dyodd.


Genting Sing

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she would move up to retest 86.5 cents again!

Breaking out smoothly plus good volume that may likely drive the price higher towards 90 cents then 95 cents with extension $1.00.


Not a call to buy or sell.

Pls dyodd.


Sembcorp Marine

 Chart wise, she is doing a counter trend reaction, looks rather bullish!

Likely to continue to trend higher!




Short term wise, I think she may move up to retest the recent high of 17.8 cents. Breaking out smoothly plus good volume that may likely drive the price higher towards 20/20.5 cents with extension to 23.5 cents.


Not a call to buy or sell.

Pls dyodd.



Tuesday, November 24, 2020

UoB

Chart wise, looks like reversal is happening now! Bearish engulfing candlestick, big fish are offloading..

Short term wise, I think likely to see further selling down pressure! Not a call to buy or sell. Pls dyodd.

OcbcBank

Chart wise, looks like we are going to see a Reversal downtrend happening soon! Bearish engulfing candlestick, big fish offload liao!

Short term wise, I think likely to see further profit taking and drive the price lower. not a call to buy or sell. Pls dyodd.

MIT

 Chart wise, looks bearish!

Likely to continue to trend lower!




Short term wise, I think she may likely go down to retest $2.94. Breaking down of this level plus high volume that may likely drive the price lower towards $2.86 with further extension to $2.75.


Not a call to buy or sell.

Pls dyodd.

DBS

chart wise, looks like price has been pushing up too much and too fast , the danger of falling down is greater!

I think IS good to lock in profit and be prepared for market to determine the next direction! All good things has to come to a halt in one way or another! Not a call to buy or sell. Pls dyodd.

Comfort Delgro

 Wah, she is showing us super wide bullish candlestick today , looks rather bullish!

Likely to propel ahead!




Short term wise, I think she may likely move up to retest $2.00 again! Breaking out smoothly plus good volume that may likely drive the price higher towards $2.20'


Not a call to buy or sell.

Pls dyodd.


Sunday, November 22, 2020

STI

 Chart wise, looks like price patterns has a very impressive running up looks like overly extended likely to see a retracement happening any moment!




Immediate support is about 2764. Overhead resistance is at 2839.


Not a call to buy or sell

Pls dyodd.


Saturday, November 21, 2020

CICT

 C38U - the price has retreated after touching the high of $2.06, I think uptrend mode still intact!




Short term wise, is good to monitor and see if price can move up to retest 2.03/2.06 again!

Breaking out smoothly plus good volume that may likely drive the price higher towards $2.10 then $2.16 with extension to $2.27.


Not a call to buy or sell.

Pls dyodd.


Sbs Transit

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to rise $3.38. Breaking out smoothly plus good volume that may likely drive the price higher towards $3.60 then $3.78.


Not a call to buy or sell.

Pls dyodd.


Friday, November 20, 2020

Ascendas Reit

 Wah, Monday can go to ATM to press and subscribe to the new share! 

The newly PO share will start to trade on 9th Dec 2020.




Benefits of the Proposed US Acquisition

The Proposed US Acquisition will bring the following benefits to Unitholders:

(i) Increases exposure to US technology cities and diversifies Ascendas Reit’s 

portfolio;

(ii) Strategic location in San Francisco, a leading technology city in the US; 

(iii) Well-located in South of Market, an attractive submarket in San Francisco;

(iv) High quality and newly completed properties;

(v) High occupancy rates, long remaining lease tenures and annual rent escalations;

(vi) Increases proportion of freehold land held by Ascendas Reit;

(vii) Strengthens Ascendas Reit’s US tenant base; and

(viii) DPU and net asset value accretive to Unitholders.

(See announcement titled “Proposed Acquisition of Two United States Office Properties 

Located at 505 Brannan Street & 510 Townsend Street, San Francisco, California, United 

States” dated 10 November 2020 for further information.)



I think IS a great opportunity to participate and subscribe to the new PO!

Not a call to buy or sell.

Pls dyodd.


OcbcBank

 Wah, next week may likely retest $10.00 again! Huat ah!




A nice breakout coupled with high volume that may likely drive the price higher!


Not a call to buy or sell.

Pls dyodd.


 Chart wise, looks bullish!

I think price is A bit of overly extended likely to retrace before making the next direction.




Short term wise, I think it will likely be taking a pause before continuing this uptrend mode direction!

Likely to move up to retest the resistance at about $10.00. Breaking out plus good volume that may likely drive the price higher towards $10.50 then $11.


Not a call to buy or sell.

Pls dyodd.


Thursday, November 19, 2020

ComfortDelgro

 Beautiful! It is trending up nicely towards $1.70 , looks rather positive!




Short term wise, I think a nice breakout of $1.70 coupled with high volume that may likely drive the price higher towards $1.80 then $1.90 with extension to $2.


Pls dyodd.


 Lai ah, no more durian dropping!

It is recovering and is trending higher, looks encouraging!




Short term wise, I think she may likely reclaim $1.55.

Breaking out smoothly plus good volume that may likely drive the price higher towards $1.60 then $1.70 with extension to $2.00.


Not a call to buy or sell.

Pls dyodd.


Wednesday, November 18, 2020

DBS

 Chart wise, the price patterns looks rather overly extended, likely to see some weakness!




Short term wise, I think price may retrace and go down to retest $23.

67 level. Breaking down of $23.67 plus high volume that may likely drive the price lower towards $23

00.


Not a call to buy or sell.

Pls dyodd.


Tuesday, November 17, 2020

OcbcBank

 Chart wise, looks bullish!

I think price is A bit of overly extended likely to retrace before making the next direction.




Short term wise, I think it will likely be taking a pause before continuing this uptrend mode direction!

Likely to move up to retest the resistance at about $10.00. Breaking out plus good volume that may likely drive the price higher towards $10.50 then $11.


Not a call to buy or sell.

Pls dyodd.


Monday, November 16, 2020

Suntec Reit

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to go up to retest $1.57. A nice breakout coupled with high volume that may likely drive the price higher towards $1.65 then $1.70 with extension to $1.88.


Not a call to buy or sell.

Pls dyodd.



Sheng Siong

 Chart wise, looks bearish!

Likely to continue to trend lower!




Short term wise, I think she is likely to go down to retest $1.51/$1.50.Breaking down of this level plus high volume that may likely drive the price lower towards $1.42 then $1.30 with extension to $1.22.


Not a call to buy or sell.

Pls dyodd.


Sunday, November 15, 2020

Genting Sing

 TA wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to rise further up to retest 84 cents.

Breaking out smoothly plus good volume that may likely drive the price higher towards 90 cents with extension to 95/1.00.


Not a call to buy or.

Pls dyodd.


Saturday, November 14, 2020

CRCT

 Chart wise, it is just merely doing a counter trend reAction.

It has failed to breakout the 200 days MA. Looks like this would be the overhead resistance to watch out!




Short term wise, I think not much catalyst to drive the price higher!

Investors or Traders may be is good to wait for the company announcement to see if they are going to issue rights or PO for the announcement acquisitions.

I think IS good to be cautious!



Not a call to buy or sell.

Pls dyodd.


Friday, November 13, 2020

SingTel

 One of the local telco blue chips counter that I have traded for the past 20+ years. Never seem to fail us with multi billion dollar rev. 

Good cash flow is a positive sign!




I am happy with the half year interim dividend of 5.1 cents although it is much lowered than last year at 6.8 cents. At least they are still paying out dividend unlike certain companies! Conserved cash!  


I think good chance rev may get boosted for overseas investment. May be Final dividend can expect a higher payout dividend of 7-8 cents.

Char wise, looks bullish!

Likely to continue to trend higher towards $2.50 with extension to $2.70.


Not a call to buy or sell.

Pls dyodd.

Sasseur reit

 Chart wise, likely to reclaim 80 cents again!

A nice crossing over smoothly plus good volume that may likely drive the price higher towards 84 cents with extension to 92 cents.




3rd quarter dpu of 1.764 cents, fantastic! Yield of almost 8% base on current price of 79.5 cents.

NAV 90+ cents.

Gearing 27.8%.

P/B 0.88.


Still pretty undervalued!

Not a call to buy or sell.

Pls dyodd.


Ascendas Reit

 Monday XD plus XR, will she goes lower towards the PO price of $2.96!

Yield is about 4.9% looks quite decent for a blue chips reit counter under the strong sponsor .




FOMO I grabbed very very small quantity at $2.99 to see if I am lucky to earn some kopi money!


Not a call to buy or sell.

Pls dyodd.

 

Ocbcbank

 TA wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think likely to retest the recent high of $9.69.

Breaking out smoothly plus good volume that may likely drive the price higher towards $10.00 with extension to $10.20.


Not a call to buy or sell.

Pls dyodd.


Comfortdelgro

 Lai ah, no more durian dropping!

It is recovering and is trending higher, looks encouraging!




Short term wise, I think she may likely reclaim $1.55.

Breaking out smoothly plus good volume that may likely drive the price higher towards $1.60 then $1.70 with extension to $2.00.


Not a call to buy or sell.

Pls dyodd.


SATS

 TA wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to rise higher to retest $4.00 . Breaking out of $4.00 smoothly plus high volume that may likely drive the price higher towards $4.18 with extension to $4.60.


Not a call to buy or sell.

Pls dyodd.


Thursday, November 12, 2020

Sasseur Reit

 Beautiful set of financial numbers for 3rd quarter. Sasseur REIT Reports 3Q 2020 DPU of 1.764 cents, 

16.7% higher than 2Q 2020 DPU






▪ 3Q 2020 distributable income of S$21.2 million maintained at 100% 

distribution, DPU of 1.764 cents is 7.6% higher than 3Q 2019

▪ Portfolio sales rebounded strongly to nearly pre-COVID-19 levels in line with 

the economic recovery of China; four outlet malls generated total sales of 

RMB1.1 billion for 3Q 2020, 32.9% higher than 2Q 2020

▪ Completed early refinancing of loans due in March 2021 with no refinancing 

needed until March 2023, with lower interest costs and keeping a low gearing 

of 27.8%

Wednesday, November 11, 2020

MNact

 Chart wise, slowly edging higher, looks rather positive!

WAiting for her to reclaim 95 cents smoothly!




A nice breakout of 95 cents plus high volume that may likely drive the price higher towards $1.00.


Not a call to buy or sell.

Pls dyodd.


Tuesday, November 10, 2020

CICT

 C38U - Chart wise, it has turned bullish! Likely to see further upwards movement!




Short term wise, I think she may rise up to retest $2.07.

Breaking out smoothly plus good volume that may likely drive the price higher towards $2.20 with extension to $2.30.


Not a call to buy or sell.

Pls dyodd.


MLT

 Today seems like market are selling down on the industrial reit. What goes up high will come down eventually!




Short term wise, I think likely to go down to retest $1.80.

Breaking down of $1.80 plus high volume that may likely drive the price lower towards $1.70 then $1.60 & below.


Not a call to buy or sell.

Pls dyodd.

KDC

 Chart wise, looks like the start of a reversal downtrend mode!

What goes up to high will come down eventually!




DPU quarterly of 2.35 cents . Yield is merely 3.4% at $2.76. 

Seriously, I won't add this to my watchlist for the current price level!


I would wait patiently for market to correct further and perhaps goes further down towards $2.20 and then $1.98..

Not a call to buy or sell.

Pls dyodd.


Monday, November 9, 2020

MCT

 Wah nice running up!

Chart wise, looks bullish!

Finally, it has managed to reclaimed $2.00, looks positive!




Short term wise, I think likely to move up to retest $2.09/$2.10.

Breaking out plus high volume that may likely drive the price higher towards $2.20.


Not a call to buy or sell.

Pls dyodd.


STI

 STI has managed to stage a strong recovery from the low of 2423 to a high of 2622 within the span of 4 trading days, seems impressive!




I think this rebound is triggered by the regional news! Would it started to fade off after a few more days, let's wait for the market to tell us!



Short term wise, I think it may likely move up further to retest 2700 level.


Not a call to buy or sell.

Pls dyodd.


Olam Intl

 Chart wise, looks bullish!

Likely to see further upwards movement!




Short term wise, I think a nice breakout of $1.35 plus high volume that may likely drive the price higher towards $1.40 then $1.47.


Not a call to buy or sell.

Pls dyodd.


Saturday, November 7, 2020

OcbcBank

 Chart wise, looks like it is having a rejection of going higher last Friday! 




A long tail pin bar doesn't looks rosy to me especially when it is trying to reverse this downtrend mode.

Let's monitor and see how it fares for the coming week!

Short term wise, I think if she can rises higher to reclaim $9.02 level smoothly plus good volume that would likely drive the price higher towards $9.45 with extension to $9.95.


Not a call to buy or sell.

Pls dyodd.


Friday, November 6, 2020

UOB

 Last Friday closing doesn't look so rosy! Seems like showing sign of a reversal! 




Short term wise, I think if she can overcome the 200 days MA at about $20.75 plus a nice breakout and rises higher that would be rather positive and may see further upwards movement!

Failure to do so, we may she her succumbing to selling down pressure!



Not a call to buy or sell.

Pls dyodd.


Ascendas Reit

 Chart wise, she is just doing the usual counter trend reaction. I think is Good to monitor and see if she is able to hold up well!




If not, breaking down of 2.86 again plus high volume that may likely drive the price lower towards 2.80 then 2.60 with extension to 2.40.



Not a call to buy or sell.

Pls dyodd.


Comfort Delgro

 Chart wise, it is doing a counter trend chart patterns, looks rather lpositive!




Short term wise, I think likely to move up to test 1.50. Breaking out smoothly plus good volume that may likely drive the price higher towards 1.55 then 1.60 with extension to 1.70.



Not a call to buy or sell.

Pls dyodd.


Thursday, November 5, 2020

UOB

 Today had a spectacular gap up candlestick same for the other two bank counter, looks rather positive!




Short term wise, I think she may rise higher to retest 20.95.

Breaking out of 20.95 smoothly plus high volume that may likely drive the price higher towards 21.50 .

Do take note that the price is still trading below its 200 days MA .


Not a call to buy or sell.

Pls dyodd.


Wednesday, November 4, 2020

Ocbc

 Chart wise, looks like she may go up to retest $8.85 again!




Breaking out smoothly plus good volume that may likely drive the price higher towards 9.02.


3rd quarter result is out ! Seems not bad!


Not a call to buy or sell.

Pls dyodd.


Tuesday, November 3, 2020

UOB

 3rd quarter result is out ! Higher provision for bad debts , net profit is down 40% to 668m.




Chart wise,looks like a nice bounced off from 19.00 and rises higher even though result is not so rosy, looks positive!

If the momentum continue then it may rises higher to retest 20.00 again!


Not a call to buy or sell.

Pls dyodd.


Monday, November 2, 2020

OcbcBank

 Chart wise , rather bearish!

Likely to see further weakness!




Shqort term wise, I think if she is able to bounce off from the support at 8.40 & rises higher from here then it may help to stabilize and support the price from falling further!

If not, breaking down of 8.36/8.40 would likely see the price trending lower towards 8.00!

Not a call to buy or sell.

Pls dyodd.