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Saturday, July 29, 2017

WILMAR INTL

WILMAR INTL - 29th July 2017

Wilmar Intl from TA point of view is on a down trend mode. Currently, price is being traded in a consolidated zone.
A breaking down of $3.27 may smell trouble as it may subject to further selling down pressure.
Once $3.27 has been taken down. I think it may likely continue to trend lower to test $3.20  then $3.10 with extension to $3.00.


( trade base on your own decision)

Friday, July 28, 2017

Sunningdale Tech

Sunningdale Tech - 29th July 2017

I have roughly worked out the EPS DCF value for Sunningdale Tech of which I have derived the Fair value of $2.944 .
CAGR - 22.39%
Discount Factor - 12%
Current share price - $2.00
Net Cash Per share - 50+ cents.
Total Equity 188+m

EPS (diluted) 17.5 cents.

PE 11.4x

Industry average PE of 14.4x

Lets put in a further discount of 15% base on the computed fair value of $2.944, the discounted EPS fair value is $2.50.

At least we can still see another 25% upwards move towards the fair value of $2.50 from the current price of $2.00/




Not a call to Buy or Sell.
Dyodd
( trade base on your own decision)

Thursday, July 27, 2017

BreadTalk

BreadTalk - 27th July 2017

BreadTalk had a very nice white thrust bar appeared on the Chart today which is rather bullish.
Although the volume bar is not that high. We would prefer to see a higher volume that will be augur well for the stock price to trend higher.


Short term wise, I think it may likely pull back.

If it is able to re-conquer the recent high of 1.73 then we may see it rises higher towards 1.80 then 1.90 .
( trade base on your own decision)

DBS

DBS - 27th July 2017

DBS has a very nice uptrend move today and managed to conquer the previous high of 21.95 and close well at 22.25. Couple with high volume , this is rather bullish.


Similar patterns are also being happened for Ocbc & Uob. Bank counters are driving the STI higher and higher.

Same goes for property counters.

Short term wise, i think DBS like to test 23 dollars then 23.50 with extensiton to 24.00.
( trade base on your own decision)

Sunday, July 23, 2017

Ocbc

Ocbc - 21st July 2017

looks like we are having a Downtrend Reversal being played out for Ocbc counter.
Similar patterns being presented on Dbs & Uob.


Short term wise, I think likely to trend lower towards 10.80.

( trade base on your own decision)

Bullish patterns for Long

Bullish patterns for Long

These are the few counters that it might be good to take a look and analyse for further Trading Long.

Venture
YZJ
KSH
Hi-P
CAO
Memtech

Semb Marine
Sembcorp ind

dyodd

( trade base on your own decision)