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Friday, August 25, 2017

STI

STI - 26th Aug 2017

STI from TA point of view doesn't look good.
We are seeing a Bearish wide reversal bar being formed on last Friday .



Short term wise, I think it may go down to test the recent low of 3245. Breaking down of this level may see it goes further down towards 3195 with extension to 3115.
Not a call to Sell or Buy.
dyodd

( trade base on your own decision)

Thursday, August 24, 2017

Best World

Best World - 24th Aug 2017

Best World after hitting the high of 1.62 on 7th Aug 2017, it has since retreated sharply and went down to touch 95 cents on 21st Aug 2017.This is rather negative/bearish.

The current price of 1.18 is staying below the SMA lines which is generally quite negative.


Short term wise, it may likely consolidate within 1.125 to 1.29. Breaking down of the critical support at 1.08 may smell trouble as it may likely continue to trend lower towards 1.00 then 95 cents with extension to 85 cents.
not a call to sell or buy.
dyodd

( trade base on your own decision)

M1

M1 - 24th Aug 2017

M1 after touching the low of 1.705 on 11th Aug 2017 , it has managed to stage a strong recovery and head higher to touch 1.825 on 21st Aug 2017.This is generally quite bullish/positive.

The current price of 1.795 is staying above the 20 SMA line which is generally quite positive.



Short term wise, i think it may likely move up to re-capture the recent high of 1.825.
Breaking out of this level with good volume, that may propel to drive the share price higher towards 1.90 with extension to 1/965.
Not a call to buy or sell.
dyodd

( trade base on your own decision)

Monday, August 21, 2017

Keppel Corp

Keppel Corp - 21st Aug 2027

Looks bearish from TA point of view.
Today it has dropped another 1.42% or 9 cents lower at $6.24.
The price is hovering below the SMA lines which is generally quite negative. Looks like it may continue to trend lower to test $6.20 then $6.17.
$6.17 may find some strong support there as indicated on the chart patterns.
I think bargain hunter may zoom in to support at $6.16-$6.18..
Not a call to buy or sell.
Dyodd
( trade base on your own decision)

Saturday, August 19, 2017

Criteria for investing in REITS

what is the criteria for choosing the right Investing Reits?

NAV, Gearing, Asset Quality, Sponsor, Business Nature/Sector, yield.

Sponsor for example sph reit sponsor is sph .... fraser reits the sponsor is FCL ...
Ie the backer of the reits are impt to me, it much constitutes of what asset quality the reit will be getting in the long term.
Look at some of the smaller reits in sgx ... some industrial reits, the sponsor is small n unknown and the asset injection sometimes are very lousy .. Sabanas I say is one example

For example, I compare the yield of Sph reit against the same peers like Fraser and capitamall to get a feel of what it's peer is having. I look at the relative yield against its peers at any point of time.
Then also need to look at their occupancy rates and if DPU has been increasing or decreasing for the past 5 years.. etc etc.
If I want to be super conservative I will just use price to book for a simple valuation of cos the Lower the better. 
I remb during GFC, all the reits are trading at deep discounts ... well no such sale anymore. 


generally buy below nav. pay a slight premium if reit are gd. I did for MCT. 
well managed reits is that dpu is growing y to y
gearing n interest cover , occupancy, debts repayment period need to be considered.

Example :
fct, mct, cct , mlt etc .

Thursday, August 17, 2017

Best world, Sembcorp Ind, CAO, China Sunsine

China Aviation - From TA point of view it is rather bearish. The price has fallen off from the high of $1.80 to a low of $1.475. The is generally quite negative.

The price is hovering below the SMA lines which may likely see it trending lower towards $1.45 then $1.40 with extension to $1.35. dyodd

Best World 

Looks equally bad for the past 3 days as it has fallen from $1.51 to a low of $1.02 . More than 45 cents has been wiped-off or almost 32% value price reduction.
Looks like it may continue to trend lower.
Usually, after such a sever selling down, we may see a slight rebound.
I think it may continue to slide further after taking a short breather.
Short term TP 89 cents.dyodd

China Sunsine

Looks rather bearish from TA point of view!
I think short term it may go down to test 75 cents then 70 cents with extension to 65.
dyodd

Sembcorp Ind

Short term wise, i think it may likely continue to go down to test $2.80 then $2.70 with extension to $2.65.

( trade base on your own decision)