UMS

After touching the low of 67.5 cents it has manage to reclaimed 70 cents level, looks rather positive!

Yesterday it has managed to close well at 70.5 couple with high volume this is rather bullish!
A bullish pin bar seems appearing on the chart indicating Bull is in control .

Short term wise, I think it may rise up to test 75 cents then 80.

Not a call to buy or sell.

Pls dyodd.

UMS Holdings Limited, an investment holding company, provides high precision front-end semiconductor components, and electromechanical assembly and final testing services. It operates through two segments, Semiconductor and Others. The Semiconductor segment offers precision machining components and equipment modules for semiconductor equipment manufacturers. The Others segment provides water disinfection systems shipment services; and supplies base components to oil and gas original equipment manufacturers. The company also offers precision machining services, including milling, lathe, horizontal, cleaning, anodizing, and CMM; metal finishing services, such as electroless and selective nickel, anodizing, plating, e-polish, chemical cleaning, and parts refurbishment; and system integration, refurbishment, prototyping, and vendor managed inventory services, as well as electroplating services. In addition, it is involved in the assembly and integration of equipment and automated assembly lines; manufacture and assembly of stainless steel gaslines and weldment products; manufacture and repair of waste water treatment equipment; and holding of investment properties. The company serves semiconductor, electronic, machine tools, aerospace, and oil and gas industries. It operates in Singapore, Malaysia, the United States, Poland, Taiwan, South Korea, and the People’s Republic of China. UMS Holdings Limited was incorporated in 2001 and is headquartered in Singapore.

Creative

We had witnessed a wide thrust bar or a white soldier appeared on the chart today. A nice breaking out of the channel. Looks rather bullish!

Today action is coupled with slightly higher volume and close 59 cents higher at $6.59. Looks rather positive.

We may want to take advantage of this thrust bar and ride on this bullish momentum.

Short term wise, I think it may likely move up to retest $7.00 then $7.50 with extension to $8.00.

Not a call to buy or sell.

Please do your own due diligence.



Also do take note that the recent positive sentiment towards the company share price could be due to the launch of their Super X-Fi product that is due to be launched in the market soon.

Creative Technology Ltd., together with its subsidiaries, designs, manufactures, and distributes digital entertainment products worldwide. It primarily provides digitized sound and video boards, computers, and related multimedia and personal digital entertainment products. The company also offers sound blasters, gaming headsets, speakers, headphones, MP3 players, Web cameras, and accessories, as well as software products. In addition, it provides multimedia solutions for personal computers and personal digital entertainment products. The company markets its products and solutions to consumers and system integrators through a distribution network, including traditional marketing channels, original equipment manufacturers, and Internet. Creative Technology Ltd. was founded in 1981 and is based in Singapore.

Keppel Corp

Oil prices slip after Trump criticizes OPEC

It is still hovering at $71.27 level. cnbc.com ( 20th Sept 2018)

Today Keppel Corp has a very nice run-away Gap up candlestick reflected on the chart. Couple with rather high and impressive volume and closed well at 6.80 , this is rather bullish!

Short term wise, I think it may likely move up to retest $7.00 then $7.20 with extension to $7.40 level.

Oil prices surge past $70 mark and close well at $71.12. Looking good to continue to rise further.

Keppel Corp may likely rise to retest 6.80 then 7.00.

Not a call to buy or sell.

Pls dyodd.

I think Keppel Corp may tend to benefit with oil price heading higher and the potential of winning more new rigs orders..

2Q2018 result:

looks like a good set of financial result.

EPS of 32.2 cents for 1H 2018 an increased of 38% , looks rather impressive.

Estimated whole year EPS of 64.4 cents. Current price of $6.73 would be having a PE of 10.45x. Looks quite attractive.

Interim dividend increased of 2 cents to 10 cents + a Special dividend of 5 cents. Total 15 cents.

Shareholders would be more than happy to see dividend increasing.

Short term wise, we may see a boost in share price given a good set of financial nos.

Not a call to buy or sell.

Please do your own due diligence.

Net profit was S$583m  EVA was S$275m

 Annualised ROE was 9.9%

 Free cash inflow of S$886m in 1H 2018, vs inflow of S$204m in 1H 2017

 Net gearing was 0.40x at end-Jun 2018 vs 0.46x at end-Dec 2017

 Declared interim dividend of 10.0 cents per share and special dividend per share of 5.0 cents for 1H 2018

1H 2018 net profit S$583m, up 38% yoy

Multiple Earnings Streams 

 Recurring income was S$130m or 22% of net profit for 1H 2018

Marine & Off-shore Net Loss of 40m.

Net loss due to lower work volume and associate contributions, and higher overseas taxes

 Lower overheads contributed to S$14m operating profit in 1H 2018

 1H 2018 new contracts of over S$1.2b including S$680m in 2Q 2018:

 Two new jackup orders from Borr Drilling as part of five-rig deal worth US$745m

 Two dual-fuel dredgers from Van Oord and a dual-fuel tanker from Sinanju

Net order book of S$4.6b as at end-Jun 2018

Property

1H 2018 net profit S$603m, up 214% yoy

Infrastructure 

1H 2018 net profit S$66m, up 16% yoy

Key Highlights  Keppel Infrastructure continues to deliver steady earnings

 Keppel Marina East Desalination Plant (KMEDP) close to 50% completed

 Hong Kong Integrated Waste Management Facility (HKIWMF) in design and engineering phase

 Recurring revenue of ~S$70m from Infrastructure Services in 1H 2018

 KMEDP and HKIWMF to boost recurring revenue when operational

Investments

1H 2018 net loss $46m.

Valuetronics

Another day of selling down for this counter. I think the selling down is overly done and could be due to the Flooding at Danshui Plant caused by Super Typhoon Mangkhut.

The company says All employees are safe from the hazards caused by the Typhoon, and the majority of the production facilities at Danshui Plant are not affected. However, the flash flood has caused power outages and this has resulted in temporary work stoppages at the Danshui Plant.


The management is currently trying to assess the full impact of the flooding on its production lines at its Danshui Plant and plans to resume production expeditiously.

The Group's insurance company has been notified and will be assessing the claim and damages in due course.


 I think this is an unwarranted event and most probably a once-off case !

 At the current price of 63 cents, yield is pretty solid at 7.5% base on yearly dividend of 4.73 cents (HK$0.27) .

 PE of 7.5x. I think Net cash per share 30.5 cents ..Zero debts. NAV 45.3 cents.


From TA point of view, it is on a Downtrend mode patterns, looks rather bearish!

Today the volume bar seems to be high and could be an indication that Supply could be exhausted!

Short term wise, likely to see a throw-back reaction to take it higher to cover the Gap at 66 cents. Resistance is at 70/73 cents .


Immediate Support is at 63 cents . Next support is at 60 cents .

I think fair value is about $1.10. Let say we factor in another 20% discount that will be giving us a value of 88 cents .

Not a call to buy or sell.

Please do your own due diligence.

Simple and Good Investing Idea

I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).


This simple strategy is to invest in a low cost ETF( Exchange Traded Fund)  such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI) 


This method of operation is to buy into STI ETF whenever it is in an oversold condition and to sell off and take profits whenever it is in an overbought condition. 
For example, one may use the  indicator such as the Relative Strength Index (RSI) to determine overbought ( above 70 ) or oversold condition( below 30).

One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.


For example you may plan to buy in at different interval or whenever the Oversold situation happen .

In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.

As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

the example are as follows:-


1. When the index price is $2.00, your $1000 will be able to buy 500 shares.
2. When the index price is $2.50, your $1000 will be able to buy 400 shares
3. When the index price is $2.90, your $1000 will be able to buy 344 shares
4. When the index price is $1.66, your $1000 will be able to buy 625 shares
5. When the index price is $3.00, your $1000 will be able to buy 333 shares
6. When the index price is $3.20, your $1000 will be able to buy 312 shares
7. When the index price is $3.50, your $1000 will be able to buy 285 shares

Total = $7000 / 2799 shares = $ 2.50 average cost per unit.

By using this method, you will be able to make a profit once the stock market rises above this low average price.


Just sharing.

Not a call to buy or sell.

Please do your own due diligence.

Sembcorp Ind

Nice Uptrend mode patterns!
Higher High & Higher Low chart patterns, looks rather bullish!

After touching the low of $2.58 on 16th July 2018, it had since stage a nice recovery and rises Higher to hit $2.97 , this is rather positive.


Short term wise , it has retreated a little and closed lowered at $2.89. After this break, it may likely continue to trend Higher to re-attempt $2.97 then $3.00 with extension to $3.10.


Not a call to buy or sell.

Please do your own due diligence .


Sembcorp Industries Ltd engages in the utilities, marine, and urban development businesses. The company’s Utilities segment provides energy, water, on-site logistics, and solid waste management services to industrial, commercial, and municipal customers. Its activities in the energy sector include power generation and process steam production, as well as natural gas importation and retail; and water sector comprise wastewater treatment, and production and supply of reclaimed, desalinated, and potable water, as well as water for industrial use. This segment has approximately 11,000 megawatts of gross power capacity; and manages facilities that provide approximately 9 million cubic meters per day of water. Its onsite logistics and services include service corridor, chemical storage, and terminalling facilities, as well as hazardous waste incineration and industrial gases supply services; and solid waste management services, such as municipal, industrial and commercial, construction and demolition, and bio-hazardous waste collection services, as well as post-collection treatment and waste-to-resource services. The company’s Marine segment provides integrated solutions for the marine and offshore industry, such as rigs and floaters, repairs and upgrades, and offshore platforms and specialized shipbuilding. Its Urban Development segment owns, develops, markets, and manages integrated urban developments comprising industrial parks, as well as business, commercial, and residential spaces. The company’s Others/Corporate segment includes businesses relating to minting, design, and construction activities; and offshore engineering and others. It operates in Singapore, China, India, rest of Asia, the Middle East, Africa, Europe, Brazil, the United States, and internationally. The company was formerly known as Minaret Limited and changed its name to Sembcorp Industries Ltd in July 1998. The company was incorporated in 1998 and is headquartered in Singapore.