ST Engineering

ST Engineering - 23rd Feb 2016

ST Engineering has a nice breakout of $2.83 price level and closed higher at $2.86. The volume is also quite high which is generally rather bullish.

The current price of $2.86 is staying above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are pointing upwards which may provide further indication that the share price may continue to head higher.

Short term wise it may continue to head higher to test $2.95 with extension to $3.05.

   Cash and cash equivalents including funds under management totalled

$1.4 billion.

 Advance payments from customers totalled $1.6 billion as of 3Q2015.

With such a strong and well established company that is capable of securing new contracts even in the midst of the not so rosy economy. Profitable and has been consistently paying out dividends of above 5% p.a.

This could well be considered for a good defensive play investment.

EPS is about 17 cents. Current price of $2.86 is about PE 16.8 times.

Perhaps a short term Target price of $3.30 (PE  19.4 times) is fairly achievable in time to come.

The company is due to report its 4Q2015/Full year result on 26th February 2016.

Hopefully we can expect the company to announce the Final dividend of 11 cents for Full Year 2015 result(same as 2014). Together with Interim dividend of 5 cents , the total dividend will be 16 cents that may be able to achieve a yield of above 5.5% base on current price of $2.86.

(trade base on your own decision)

Q&M Dental

Q&M Dental - 23rd Feb 2016

Q&M Dental after hitting the low of 63 cents on 11th Feb 2016 had been able to stage a strong rebounce to touch the high of 73 cents on 23rd Feb 2016. This is rather impressive and positive.

A very nice long white bar present on the chart today with a impressive breakthrough to cross over the major resistance at 70 cents.The volume is also quite high with 2.6 m of shares changing hands. This is generally rather bullish.

The current price of 71.5 cents is staying above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are still pointing upwards which may provide further indication that the share prices may continue to head higher.

Short term wise it will continue to trend higher to re-visit 80 cents. Breaking out of 80 cents with good volume that may propel to drive the share price higher towards 90 cents.
(trade base on your own decision)

SIA Engineering

SIA Engineering - 22nd Feb 2016

SIA Engineering seems to have bounced off from the low of $3.31 on 28th Jan 2016 and head higher to touch $3.61 on 16th Feb 2016. But was able to close well.

The current price of $3.46 is hovering slightly above both 14SMA & 25SMA lines which is quite positive.

Also both MACD & RSI are showing sign of a positive divergence that may provide indication that the share price may move up to re-visit $3.61.

Breaking out of $3.61 with good volume that may propel to drive the share price higher towards $3.70 with extension to $3.76.

(trade base on your own decision)

Best World

Best World - 22nd Feb 2016

Best World had a impressive run from the low of 27.5 cents on 21st Jan 2016 and head higher to touch 38.5 cents on 22nd Feb 2016. This is rather bullish.

The current price of 38 cents is staying above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are trending higher that may provide further indication that the share price may continue to head higher.

After this good thrust white Long bar with super high volume of 3.056m share changing hands , it will be good for it price to take a breadther/ retreat a little  before continue this uptrend mode.

Short term wise it may continue to head higher to test 42.5 cents with extension to 50 cents.
(trade base on your own decision)

Comfort Delgro

Comfort Delgro - 21st Feb 2016

Comfort Delgro had manged to bounce off from the low of $2.78 on 19th Jan 2016 and head higher to touch $3.02 on 16th feb 2016. This is generally rather bullish.

The current price of $2.95 is staying above both 14SMA & 25SMA lines which is rather positive and may provide further indication for the share price to head higher.

Also both MACD & RSI are still pointing upwards which is more likely to see the share price heading higher to test $3.12.

A first tale tell sign of confirmation will be the breaking out of recent high of $3.02 with good volume that will provide further catalyst for the share price to continue this uptrend mode.

(trade base on your own decision)

Venture (V03)

Venture - 21st Feb 2016

venture has been on a downtrend mode after hitting the high of $8.65 on the 20th Nov 2015 and continued to head lower to touch $7.65 on 18th Jan 2016.

It has managed to bounce off from the low of $7.65 and move up to test $8.04 on 5th Feb 2016 but was not able to hold up well and eventually has succumbed to the selling pressure and had again experiencing going lower to touch $7.74 on 12th Feb 2016. This is generally rather bearish.

The current price of $7.80 is hovering slightly below both 14SMA & 25SMA lines which is rather negative.

Also both MACD & RSI are showing sign of a negative divergence which may provide further indication that the share price may continue to head lower to re-test previous low of $7.65.

Breaking down of $7.65 may see it continue to head lower towards $7.60 with extension to $7.32.
(trade base on your own decision)