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Friday, April 7, 2017

GUOCOLAND

Guocoland (F17)

Guocoland from TA point of view is in a neutral mode direction.
Immediate support is at $1.825 and resistance is at $1.89.


The recent purchase by the company director - Mr.Quek on 22nd,24th & 28the Feb 2017 at an average price of $1.845 in my opinion is being viewed as a undervalued price.
I think it might be a good opportunity for its true value for the price to be appreciated in time to come.

NAV of $2.958, P/B is 0.622 .
For every 62 cents you pay for the share price you are getting a $1.00 value.

At a glance of the past financial results:


Short Term wise, I think it may likely move up to test $1.89.


Crossing over of $1.89 with ease that may likely propel to drive the share price higher towards $1.95 then $2.00/$2.02.
( Trade base on your own decision)

Thursday, April 6, 2017

ThaiBev

$ThaiBev(Y92)
A nice run away Gapped Up on 15 Feb 2017 and closed well at 94 cents , this is rather bullish. Presently it is in a neutral mode and may likely move up to re-attemp 97 cents. Crossing over with ease may likely test $1.00 and above.

Saturday, April 1, 2017

What would be the Cut Loss/Stop Loss Price for Long/Buy trade

What would be the Cut Loss/Stop Loss Price for Long/Buy trade - 2nd April 2017

Taking for example for using this counter Singpost .

Purchased price @ $1.365 for 10000 share.
Total amount purchased is $13650 ( excluding brokerage fee etc)

Cut Loss /Stop Loss price depends on your risk profile.

Let say about 5% Cut Loss/Stop Loss price .
We would be looking at the Cut Loss/Stop Loss price at $1.30.
$1.365 less $1.30 = $$0.065 x 10000 share = $650.
$650 divided by $13650 = 4.76%

In this case , your Cut loss amount will be $650 which is approximately close to 5% that you could afford to loss.

Other may have a higher risk appetite and can roughly use 8% Cut Loss as a way to limit your loss.

For 8%, the Cut Loss price will be at $1.255 .
$1.365 less $1.255 = $0.11 x 10000 share = $1100.
$1100 divided by $13650 = 8.05%.

( Trade base on your own decision)

Trading Tools for Long/Buy trade using normal brokerage account

Trading Tools for Long/Buy trade - 2nd April 2017

I personally think this kind of trading tools feature is ideal for those who are using the normal brokerage account as opine to the usual CFD feature.

Not many local brokerage securities is offering this kind of feature.
I think Phillip securities and CIMB trading platform may have this kind of feature to utilize the Long/Buy "Limit-If-Touched" options.

For a trader that would like to set a certain price to buy in this counter - SingPost for example.



He /She may set the limit price to Buy in let say $1.365 for 10000 share.



If the price does not hit $1.365 and above, the limit price will not be executed.

( Trade base on your own decision)

Thursday, March 30, 2017

METRO

METRO - 30th Mar 2017

Metro had a very impressive running up today and hit the all time high of $1.195. Couple with high volume this is rather positive.


Both Macd & Rsi are still rising of which may provide further indication that the share price may continue to trend higher.


NAV $1.63.
EPS 0.137
PE 8.7x

Short term wise, I think it may likely continue to move up to test $1.20 then $1.25 with extension to $1.30 and above.
( trade base on your own decision)


Friday, March 24, 2017

China Sunsine

China Sunsine = 24th Mar 2017

China Sunsine after touching the low of 51 cents on 18th Jan 2017, it had manged to stage a strong rebound and head higher to touch 64 cents on 23rd Mar 2017. This is rather positive.


Both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise , I think it may make another attempt to re-test the recent high of 64 cents. Crossing over 64 cents with ease that may propel to drive the share price higher towards 70 cents then 75 with extension to 80 cents.
( trade base on your own decision)