STI & Dow

Latest news: looks like bargain Hunter has saved the day to take into positive territories.
Quote :

 a wild session on Wednesday, stocks closed sharply higher as Wall Street erased massive losses earlier that came after China's announcement of new tariffs on U.S. goods sparked fears of a trade war.

The Dow Jones industrial averageclosed 230.94 points higher at 24,264.30, rallying more than 700 points from its session low. Microsoft and IBM were the best-performing stocks in the index.

The S&P 500 erased a 1.6 percent decline to finish the session 1.2 percent higher at 2,644.69, led by gains in consumer stocks. The broad index also closed back above its 200-day moving average, a key technical level. The Nasdaq composite closed 1.5 percent higher at 7,042.11 after plunging as much as 1.9 percent.

Stocks mounted their comeback as the White House tried to push back on the notion a trade war would breakout.

Larry Kudlow, Trump's chief economic advisor, told reporters: "He wants to solve this with the least amount of pain.... this is a growth action. I can't emphasize that enough."

"We have a very emotional tape," said Jeff Kilburg, CEO of KKM Financial. "When you have so much emotion, you're going to see some volatile moves."

"The emotional tape presents investors with a buying opportunity," he said.

Apple helped lead the comeback in the market, rising 1.9 percent. Chip stocks also rebounded, with Micron and Advanced Micro Devices climbing 3.6 percent and 2.3 percent, respectively.https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html

STI - today drop 72.45 points to close at 3339.70. It has broken down the support at 3470 as well as 3400 psychological level.

Looks bearish!
Likely to go down to test 3336/3300 with extension to 3200.
Even with the good news from US market added 241K jobs may also unlinely to lift the market condition as the latest spade of retaliation import tariff from China :

China announces new tariffs on 106 US products, including soy, cars and chemicals

• The effective start date for the new charges is not announced, though China's Ministry of Commerce says the tariffs are designed to target up to $50 billion of U.S. products annually.
• The 25 percent levy on U.S. imports includes products such as soybeans, cars and whiskey.
• The move comes less than 24 hours after President Trump unveiled a list of Chinese imports that his administration aims to target as part of a crackdown on what he deems as unfair trade practices
• https://www.cnbc.com/2018/04/04/china-new-us-tariffs-including-soy-cars-and-chemicals.html

Not a call to sell or buy.

Private payrolls grow by 241K in February vs. 205K est.: ADP/Moody's Analytics

• Private companies added 241,000 positions in March as employment in construction and manufacturing surged, according to ADP and Moody's Analytics.
• The report was well ahead of Wall Street estimates for 205,000 growth and marked the fifth straight month that private payroll growth topped 200,000.
• Service providers added 176,000 new jobs while goods-producing industries contributed 65,000.
• "The job market is rip-roaring," says Mark Zandi, Moody's Analytics' chief economist.

As I am writing now, Dow futures is down with -457 points . Dow may likely retest the recent low of 23360. 

Breaking down of 23360 will be rather bearish as it is also broken down from the Uptrend channel and is heading down to form the bearish downtrend mode patterns. It may likely go further down to test 22220 with extension to 21350..

Not a call to sell or buy . 

Trade/invest base on your own decision

Singpost

Singpost - from TA point of view , it is still on a long term downtrend mode as being shown on the weekly chart patterns.

Short term wise, it is also on a bearish mode / loosing momentum and may likely go down to test $1.30. Breaking down of $1.30 level may go lower towards $1.28 then $1.25 level.

NAV of 61.8 cents.
Rolling EPS of 1 cent.
PE of 140 times.
Dividend of 2 cents.
Yield of  1.52%. Doesn't look attractive.

The company is still trying to turn around the business with the declining Postal mail services. E-commerce is still in the red.
The coming quarter announcement iithink  may see revenue increased boosted by their Singpost building rental revenue .

Not a call to buy or sell.
Please do your own due diligence.




Singpost : Singapore Post Limited provides postal, e-commerce logistics, and retail services in Singapore and internationally. The company operates through three segments: Postal, Logistics, and eCommerce. The Postal segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its international mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail services, which integrate electronic data communication with traditional mail; and agency services and financial services. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. Its services include e-commerce logistics, warehousing, fulfilment and distribution, and other value-added services; and parcel delivery, freight forwarding, and self-storage solutions and management services. The eCommerce segment provides front-end e-commerce solutions. The company is also involved in the online sale of luxury products; provision of management and consultancy services to related entities, as well as business mail solutions and distribution of mail, and global sale and marketing services; and real estate activities. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage services; and acts as a trading company and purchases organization for ocean freight services. Further, the company is involved in the courier activities other than national post activities; and provision of freight collections transshipments, logistics management, and aviation services. Singapore Post Limited was founded in 1819 and is headquartered in Singapore.

Singapore Saving Bond

Singapore Saving Bond - one of the best option to park your cash to earn a higher interest that spread across 10 years.

This month bond offering start from 2nd April 6pm onwards to 25 April 9pm

A safe and flexible way to save for the long term

The monthly issuance size of the Singapore Savings Bond (SSB) programme has been increased to S$200 million from this month. For more details, refer to the media release.

Results: After 3.00pm, 26 Apr 2018
Keep track of the important dates .

Interest rate for 1st year is 1.65%.
10 years interest is 3% . Based on the table rate reflected on the website.
At the end of each year, on a compounded basis.

http://www.sgs.gov.sg/savingsbonds/Your-SSB/This-months-bond.aspx

Application may apply through: DBS/POSB, OCBC and UOB ATMs and Internet Banking, OCBC Mobile Application from 7.00am - 9.00pm, Mon - Sat, excluding Public Holidays. On 2 Apr 2018, these channels will be open from 6.00pm to 9.00pm. CPF and SRS funds are not eligible.

Invest amount : You can invest a minimum of $500, and in multiples of $500. The total amount of Savings Bonds held across all issues cannot be more than $100,000.

Interest Payment dates : The 1st interest payment will be made on 1 Nov 2018, and subsequently every six months on 1 May and 1 Nov every year.

Each Savings Bond has a term of 10 years and pays interest every 6 months. Savings Bonds cannot be traded like conventional bonds or shares. Interest income is exempt from tax. Only individuals above 18 years old can apply.

Savings Bonds are fully backed by the Singapore Government. And because the bonds can always be redeemed for the full amount invested, investors are protected against capital losses when interest rates change. This makes them one of the safest possible investments for individuals to hold.

Save up to 10 years, and earn interest that “steps up” or increases over time. Hold your Savings Bond for the full 10 years and receive an average interest per year that matches the return from 10-year Singapore Government Securities yields, which has generally been between 2%-3%.

Flexible : 
Or, choose to exit your investment in any given month, with no penalties. There is no need to decide on a specific investment period at the start.

AEM

AEM - down 79 cents to $5.99 this morning looks bearish! The price has fallen below it's 50 Days MA which is viewed as quite bearish!
This Gap down with high volume may likely see another Gap down follow-through. Not a call to sell or buy.
Pls do your own due diligence.

This selling could be due to

Apple Plans to Use Its Own Chips in Macs From 2020, Replacing Intel. 

Quite : https://www.bloomberg.com/news/articles/2018-04-02/apple-is-said-to-plan-move-from-intel-to-own-mac-chips-from-2020

The shift would be a blow to Intel, whose partnership helped revive Apple’s Mac success and linked the chipmaker to one of the leading brands in electronics. Apple provides Intel with about 5 percent of its annual revenue, according to Bloomberg supply chain analysis.

AEM which is Intel partner supplier may be affected by this latest news from Apple moving into having it's own chips from 2020.

AEM rolling EPS of 34.3 cents.

PE of 17.04 times .

Current price ofo$5.99 seems trading at premiun / full value price. 

Looking at the chart, looks like it may go down to test $5.60 with extension to $5.00 .

AEM :

AEM Holdings Ltd, an investment holding company, provides solutions in equipment systems; and precision components and related manufacturing services for various industries. The company operates through Equipment Systems Solutions and Precision Component Solutions segments. It provides high density modular test handlers, wafer handling systems, hot spot testers, and smartcard backend handlers for use in semiconductor, solar cell, and smartcard manufacturing facilities, as well as related tooling parts; and designs, develops, and manufactures precision engineering products, such as test sockets, device change kits, stiffeners, golden units, holding jigs, preventive maintenance kits, and precision mechanical assembly modules for use in the electronic, life science, instrumentation, and aerospace industries, as well as offers engineering services. The company offers its products through a network of sales offices, associates, and distributors in Asia, Europe, and the United States. AEM Holdings Ltd is headquartered in Singapore.

Sembcorp Marine

Sembcorp Marine -

US crude sinks 3%, settling at $63.01, as geopolitical anxiety that fueled a rally fades

• Oil prices fell as geopolitical concerns that bolstered the market last week faded.
• Rising Russian output and U.S.-China trade spat also weighed on the market.
• Oil prices earlier rose as U.S. sanctions against Iran supported crude.quote : cnbc.com 3rd April.

Looks like we may see price heading lower to retest $2.10 level which is also the 100MA . Breaking down of $2.10 may see further selling down pressure towards testing the $2.00 psychological level.

I think with the M&A matter being simber down . Short term wise, 

Not much catalyst to drive the price higher unless news of new order contract winning surface.

With oil price stuck within $60-$65. 

I think not much room and motivation for oil rigs investor to come in at this juncture. 

Not a call to sell or buy.

Dyodd.

Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs. It also engages in the repair, refurbishment, retrofitting, life-extension, upgrading, and conversion of vessels, marine and offshore structures, LNG and LPG gas carriers, cruise ships, ferries, mega-yachts, floating production vessels, MODUs, tankers, containers, and cargo ships, as well as offers jumboization and dejumboization solutions. In addition, the company offers afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, steel and pipe work, electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting and hydro/vacuum blasting, riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage and port clearance arrangement, specialists service and navigation, automation, safety, and fire protection services. Further, it offers offshore platform solutions, such as integrated process; production, riser, and drilling; wellhead, power generation, manifold, and accommodation platforms; and wind-farm substations, as well as topside modules fabrication, installation, and integration. Additionally, it designs and builds sophisticated, specialized, gas value chain, ferry, RoPax, cruise, renewable energy and offshore support, naval support and security, and research and scientific survey vessels. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in 2000. The company was founded in 1963 and is headquartered in Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries.
B

• Sembcorp Industries’ Strategic Review Gives Rise To Speculation
• C
  Sembcorp Marine Ltd, 2017 Earnings Call, Feb 21, 2018
• D
  Sembcorp Marine Ltd Announces Board Changes
• E
  Sembcorp Marine Ltd Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2017; Reports Property, Plant and Equipment Written Off for the Fourth Quarter Ended December 31, 2017
• F
  Sembcorp Marine Ltd Recommends Final Dividend for the Fiscal Year 2017, Payable on 11 May 2018
• G
  Sembcorp Marine Ltd to Report Fiscal Year 2017 Results on Feb 21, 2018
• H
  HSBC Holdings plc, ASEAN Forum, Feb 27, 2018 through Feb 28, 2018
• I
  Sembcorp Marine Ltd Appoints William Tan Seng Koon as Member of the Executive Committee, Effective 1 December 2017
• J
  Sembcorp Marine Ltd Announces Incorporation of Wholly-Owned Subsidiary in Singapore

S&P Capital IQ Consensus Estimates 

Consensus Recommendation

Sell Hold Buy

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Consensus Target Price

SGD 2.134

S&P Capital IQ Alpha Factor Composites 

Click on the composite to see companies with the same rank.

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Valuation UNDER  OVERAnalyst Expectations HIGH LOWCapital Efficiency HIGH  LOWPrice Momentum HIGH  LOWEarnings Quality HI

Hi-P

Hi-P - from TA point of view, looks bearish after hitting the high of $2.79 on 16th Mar 2018, it has seen retreated and went down to touch $2.13 today before settle down at $2.17.
 

The current price of $2.17 has fallen below the 20 & 50 MA.

Today selling down accompany with quite a high volume does not bode well at this moment.
 Likely to see further weakness and may likely go down to test $2.00 with extension to $1.86. NaaV of 0.654. ePS of 15 cents. PE of 14.6 times Dividend of 25 cents , yield of 11%. Looks unlikely to repeat with the same dividend.

Currentt price seems fully value. I think it might be good to lock in profit or partial profit.

Not a call to sell or buy.
Dyodd .

Hi-P International Limited operates as an integrated contract manufacturer serving the telecommunications, consumer electronics, computing and peripherals, and medical and industrial devices. It operates in three segments: Precision Plastic Injection Molding; Mold Design and Fabrication; and Provision of Sub-Product Assembly and Full-Product Assembly Services. The company engages in the assembly and provision of ancillary value-added services, primarily surface finishing services. It also manufactures and sells molds and special tools, related housing appliance plastic components and equipment, and water treatment equipment; plastic components and plastic product modules; mold base and components; electric components and electronic communication equipment; in-mold decoration lenses; precision stamped metal components and precision tools; and metal and non-metal stampings, as well as provides spray painting, engineering support, maintenance, and technology consultation services. In addition, the company engages in the design, development, and manufacture of automated machinery and equipment; purchase and sale of tools, molds, plastic and metal components, equipment, commodities, scrap material, computer and communication devices, and housing appliances; design and fabrication of dies; and manufacture, SMT, assembly, and trade of flexible printed circuit and flexible rigid printed circuit boards. Further, it manufactures and sells trays, mobile phones, telecommunication products, and digital cameras and related electronic products, as well as electric toothbrushes; assembles coffee machines and parts, as well as provides related maintenance and after-sales services; and offers investment and management consulting services. It has operations primarily in the People's Republic of China, Singapore, Malaysia, Taiwan, Thailand, Europe, the United States, and the rest of Americas. The company was founded in 1980 and is headquartered in Singapore.