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Wednesday, June 30, 2021

Keppel DC

 TA wise , bearish mode!

Today selling down volume seem high and close lower at 2.49 looks rather interesting at current price level!




It has been sharply corrected from the high of 3.00 to close at 2.49 looks like we may likely see a technical rebound!

I think July will be announcing half yearly result cum dividend looks like dpu may rise again! 

Not a call to buy or sell.

Pls dyodd.


Saturday, June 26, 2021

Suntec Reit

 Chart wise, bearish mode! 

Need a good rebound to take it back above 1.50 level in order to reverse this downtrend!




NAV 2.05. Yield is about 6%.

Gearing is slightly above 41% of which I think is the current industry norm that allows up to a max of 50.

They have grade A commercial properties and retails mall. Exhibition centre and freehold properties in Australia. The management has been doing their part of acquiring new assets during market weakness which is a good move plus yield accretive.


I think price has come back to quite an interesting level.


Not a call to buy or sell.

Pls dyodd.


Thursday, June 24, 2021

Keppel Corp

 The long awaited news finally is out! I think this sound positive for this counter!




If the deal went through then things may see a clearer path for their business model.

I think short term wise, price may rise. Likely to retest 5.40 level! A nice breakout smoothly plus good volume that may likely drive the price higher towards 5.60 then 5.76.


Not a call to buy or sell.

Pls dyodd.



Wednesday, June 23, 2021

LendLease

 Likely to move up to retest 83 cents again!




A nice breakout smoothly plus good volume that may likely drive the price higher towards 90 cents & above.


Not a call to buy or sell.

Pls dyodd.


Monday, June 21, 2021

MIT

 Chart wise, bullish mode!

Likely to breakout the upper Trend Line and rises higher!




Short term wise, I think it may reclaim 2.85 cents! Breaking out of 2.85 plus good volume that may likely drive the price higher towards 2.90 with extension to 3.00.

Not a call to buy or sell.

Pls dyodd.


Friday, June 18, 2021

OcbcBank

 Chart wise, bearish mode!

Likely to see further selling down pressure!




I think is Good to lock in before market take away from you!


Short term wise, I think likely to go down to retest 11.88.Breaking down of this level plus high volume that may likely drive the price lower towards 11.50 then 11.00 with extension to 10.50.


Not a call to buy or sell.

Pls dyodd.