Best World - 4th Aug 2016
Best World today announced a set of good result for 2nd quarter 2016 with profits up 466% to 13.3m.Eps of 3.35 cents for this quarter was rather good . First half year Eps stood at 6.05 cents . Estimate full year EP's of 12.01 cents ,base on current price of 1.56 ,PE ratio is about 12.89x.
Consider the price has already run-up from 30 cents to 1.56 it may have likely factor into this set of good result.
Tomorrow will have to see how the market react and trade accordingly.
If it is well receive by the market then the recent high of 1.605 may easily taken out and head higher towards 1.70 then 1.80 and above.
I think short term wise we may set the target price at 1.805 base on PE ratio of 15x.
(Trade base on your own decision)
https://spore-share.com or sporeshare.blogspot.com It is very important to equip and educate ourselves with the Trading or investing knowledge. Don’t rely on tips! Ensure we have a proper plan in place whenever we enter a trade. Don’t speculate and trade without knowing what you are trying to achieve. Only trade when the trading opportunity arise. All information provided is just just for sharing. (Trade/Invest base on your own decision!)
Thursday, August 4, 2016
Wednesday, August 3, 2016
Keppel Corp
Keppel Corp - 3rd Aug 2016
Keppel Corp after hitting the high of 5.69 on 15th July 2016 it had since drifted lower to touch 5.13 on 3rd Aug 2016. This is rather bearish.
Both Macd & Rsi are also pointing downwards which may be a tell tale sign that the share price may continue to trend lower.
One consolation point to take note is that today it had managed to close higher at 5.20 after touching the low of 5.13. It seems that a technical rebound may happen any moment.
Crucial point to watch out is to see if it is able to cross over 5.28 with good volume that may likely reverse this downtrend and move higher.
I think good value is surfacing again if price fall below $5.20.
First half year Earnings per Share was 22.9 cents. Presuming full year EPS of 45.8 cents ( 22.9 x 2). The PE ratio is about 11.3x, dividend let say about 23 cents ( 8 cents + 15 cents ( final)) . Providing a yield of 4.4%.
(trade base on your own decision)
Keppel Corp after hitting the high of 5.69 on 15th July 2016 it had since drifted lower to touch 5.13 on 3rd Aug 2016. This is rather bearish.
Both Macd & Rsi are also pointing downwards which may be a tell tale sign that the share price may continue to trend lower.
One consolation point to take note is that today it had managed to close higher at 5.20 after touching the low of 5.13. It seems that a technical rebound may happen any moment.
Crucial point to watch out is to see if it is able to cross over 5.28 with good volume that may likely reverse this downtrend and move higher.
I think good value is surfacing again if price fall below $5.20.
First half year Earnings per Share was 22.9 cents. Presuming full year EPS of 45.8 cents ( 22.9 x 2). The PE ratio is about 11.3x, dividend let say about 23 cents ( 8 cents + 15 cents ( final)) . Providing a yield of 4.4%.
(trade base on your own decision)
Saturday, July 30, 2016
Sheng Siong
Sheng Siong - 31st July 2016
Sheng Siong after hitting the low of 86 cents on 26th June 2016 it had since managed to stage a strong recovery and head higher to touch 99.5 cents on 28th July 2016. This is rather bullish.
From the chart we can notice that the share price was in a consolidation mode for quite a long time and a very nice breaking out was triggered with a beautiful white thrust bar witnessed on 21st July 2016 and closed well at 95.5 cents. Couple with high volume this is rather positive.
The current price is staying above the SMA lines and this is generally quite healthy/positive and may continue to see the share price trending new high.
Also both Macd & Rsi are still rising which may provide further catalyst that the share price may continue to trend higher.
Short term wise, I think it is going up to re-visit 99.5 cents soon. Breaking out of 99.5 cents with good volume + swiftly crossing over 1.00 this may propel to drive the share price higher towards 1.05 then 1.10 with extension to 1.20.
(trade base on your own decision)
Sheng Siong after hitting the low of 86 cents on 26th June 2016 it had since managed to stage a strong recovery and head higher to touch 99.5 cents on 28th July 2016. This is rather bullish.
From the chart we can notice that the share price was in a consolidation mode for quite a long time and a very nice breaking out was triggered with a beautiful white thrust bar witnessed on 21st July 2016 and closed well at 95.5 cents. Couple with high volume this is rather positive.
The current price is staying above the SMA lines and this is generally quite healthy/positive and may continue to see the share price trending new high.
Also both Macd & Rsi are still rising which may provide further catalyst that the share price may continue to trend higher.
Short term wise, I think it is going up to re-visit 99.5 cents soon. Breaking out of 99.5 cents with good volume + swiftly crossing over 1.00 this may propel to drive the share price higher towards 1.05 then 1.10 with extension to 1.20.
(trade base on your own decision)
Friday, July 29, 2016
First Resources
First Resources - 29th July 2016
First Resources seems to be doing a reversal trend after bouncing off from double bottoms.
The current price of 1.62 is hovering above the SMA lines which is generally quite positive.
Also both Macd and Rsi are still rising which may provide further indication that the share price may continue to head higher.
I think short term wise it may go up to revisit 1.68.Breaking out of 1.68 with good volume that may propel to drive the share price higher towards 1.78 and above.
(Trade base on your own decision)
First Resources seems to be doing a reversal trend after bouncing off from double bottoms.
The current price of 1.62 is hovering above the SMA lines which is generally quite positive.
Also both Macd and Rsi are still rising which may provide further indication that the share price may continue to head higher.
I think short term wise it may go up to revisit 1.68.Breaking out of 1.68 with good volume that may propel to drive the share price higher towards 1.78 and above.
(Trade base on your own decision)
Saturday, July 23, 2016
DBS
DBS - 24th July 2016
DBS after hitting the low of 15.00 on 28th June 2016 it had since managed to stage a strong recovery and trend higher to touch 16.39 on 21st July 2016. This is rather bullish.
The current price of 16.29 is staying above the SMA lines which is generally quite positive.
Also both Macd & Rsi are still rising which may provide further catalyst that the share price may continue to trend higher.
Breaking out of 16.39 the recent high with good volume that may propel to drive the share price higher towards 16.80 and 17.00 with extension to 17.56.
(trade base on your own decision)
DBS after hitting the low of 15.00 on 28th June 2016 it had since managed to stage a strong recovery and trend higher to touch 16.39 on 21st July 2016. This is rather bullish.
The current price of 16.29 is staying above the SMA lines which is generally quite positive.
Also both Macd & Rsi are still rising which may provide further catalyst that the share price may continue to trend higher.
Breaking out of 16.39 the recent high with good volume that may propel to drive the share price higher towards 16.80 and 17.00 with extension to 17.56.
(trade base on your own decision)
Wednesday, July 20, 2016
OCBC Bank
OCBC Bank - 20th July 2016
OCBC Bank after hitting the low of 8.22 on 27th June 2016 it had managed to stage a strong recovery to close higher at 9.00. This is rather bullish .
The recent breakout at 8.94 which is also the major overhead resistance is a double confirmation of the bullish signal for the share price to continue to head further North.
With both Macd & Rsi are still rising this may provide further indication that the share price may continue to trend higher.
I think short term wise it may likely move up to re-visit 9.09. Breaking out of 9.09 with good volume that may propel to drive the share price higher towards 9.40 & above.
(trade base on your own decision)
OCBC Bank after hitting the low of 8.22 on 27th June 2016 it had managed to stage a strong recovery to close higher at 9.00. This is rather bullish .
The recent breakout at 8.94 which is also the major overhead resistance is a double confirmation of the bullish signal for the share price to continue to head further North.
With both Macd & Rsi are still rising this may provide further indication that the share price may continue to trend higher.
I think short term wise it may likely move up to re-visit 9.09. Breaking out of 9.09 with good volume that may propel to drive the share price higher towards 9.40 & above.
(trade base on your own decision)
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