OCBC

OCBC is one of the nicer short term bullish chart patterns as compare to the other 2 bank counter.

I think it may still attempt to re-conquer $11.56 and head higher to retest $12.00 and above.


My Trading plan is as follows:-

1. EP $11.57
2. SL $11.32
3. TP $$12.15 - $$12.29


Not a call to buy or sell.

Pls dyodd.

8th Nov 2018
Ocbc Bank counter has managed to Gap up again and follow through with yet another 4th white soldier as reflected on the chart ,this is rather bullish!

Today - 8 Nov it has managed to close well at $11.53 , looks positive and it may likely move up to test $11.90 then $12.00.


Please dyodd.

Trade/invest base on your own decision.


3rd quarter 2018 net profit grew 12% to $1.25b. Return of equity higher at 12.6%.

9M18 Group Performance, Net profit increased 18% YOY to $3.57b.

A beautiful set of result!
Not sure how will market reacts to the latest result.


One word! Nice and beautiful follow-through moment as reflected on the chart today with a second white soldiers.

Yesterday, we have witnessed the Bullish Engulfing candlestick pattern that is more or less signalling the end of the downtrend reversal indication.

Today market has provided us with the answer and close well at $10.74 , Up 26 cents with convincingly High volume. This is rather bullish!

Short term wise, I think it may likely continue to head higher to re-visit $11.00 then $11.23 level.

Not a call to buy or sell.

Pls dyodd.

Do you happen to notice the same patterns has been repeating itself.
Is good to be extra cautious!

Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high net worth individuals. Its Global Corporate/Investment Banking segment provides project financing, overdrafts, trade financing, and deposit accounts; fee-based services, such as cash management and custodian services; and investment banking services, including financing solutions, syndicated loans and advisory services, corporate finance services for initial public offerings, secondary fund-raising, and takeovers and mergers, as well as customized and structured equity-linked financing services. It serves corporates, public sector, and small and medium enterprises. The company's Global Treasury and Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provision of structured treasury products and financial solutions. Its OCBC Wing Hang segment offers commercial banking, consumer financing, share brokerage, and insurance services. The company’s Insurance segment provides fund management services, and life and general insurance products. Its Others segment is involved in property and investment holding activities. As of May 7, 2018, the company operated a network of 590 branches and representative offices in 18 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.

ComfortDelgro

Yesterday it has a slight rebound after the drastic sold down. Still looks rather bearish!

Would it be able to hold up $2.18 level ! Failing which ,we may see it slide further down ..

9th Nov
From TA point of view, it is rather Bearish!

It has broken down the lower Trend line at about $2.22 and close lower at $2.18, this is super bearish!

Short term wise , I think it may likely go down to retest $2.07 then 2.00 with extension to $1.95.


Not a call to buy or sell.

Please do your own due diligence.



 ComfortDelGro Corporation Limited, an investment holding company, operates as a land transportation company. It offers public bus and charter bus services; rail services; motor vehicle evaluation and other related services; public taxi services through the rental of taxis to hirers; car rental, and car care and leasing services; outdoor advertising services; and taxi booking services. The company also provides vehicle inspection and other related services; non-vehicle testing, inspection, and consultancy services; coach services; private hire services; crash repair services; bus station services; professional and building inspection, and engineering services; charge card facilities; and charter, coach, and terminal services. In addition, it operates driving schools; and workshops for repairing, servicing, and general maintenance of motor vehicles, as well as acts as a dealer in diesel for motor vehicles. Further, the company rents buses to hirers and provides related services; and constructs specialized vehicles and assembles bus bodies. As of May 11, 2018, it operated a fleet of 41,500 buses, taxis, and rental vehicles. The company has operations in Singapore, the United Kingdom, Ireland, Australia, China, Vietnam, and Malaysia. ComfortDelGro Corporation Limited was incorporated in 2003 and is headquartered in Singapore

Ocbc Bank

Ocbc Bank counter has managed to Gap up again and follow through with yet another 4th white soldier as reflected on the chart ,this is rather bullish!

Today - 8 Nov it has managed to close well at $11.53 , looks positive and it may likely move up to test $11.90 then $12.00.


Please dyodd.

Trade/invest base on your own decision.


3rd quarter 2018 net profit grew 12% to $1.25b. Return of equity higher at 12.6%.

9M18 Group Performance, Net profit increased 18% YOY to $3.57b.

A beautiful set of result!
Not sure how will market reacts to the latest result.


One word! Nice and beautiful follow-through moment as reflected on the chart today with a second white soldiers.

Yesterday, we have witnessed the Bullish Engulfing candlestick pattern that is more or less signalling the end of the downtrend reversal indication.

Today market has provided us with the answer and close well at $10.74 , Up 26 cents with convincingly High volume. This is rather bullish!

Short term wise, I think it may likely continue to head higher to re-visit $11.00 then $11.23 level.

Not a call to buy or sell.

Pls dyodd.

Do you happen to notice the same patterns has been repeating itself.
Is good to be extra cautious!

Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high net worth individuals. Its Global Corporate/Investment Banking segment provides project financing, overdrafts, trade financing, and deposit accounts; fee-based services, such as cash management and custodian services; and investment banking services, including financing solutions, syndicated loans and advisory services, corporate finance services for initial public offerings, secondary fund-raising, and takeovers and mergers, as well as customized and structured equity-linked financing services. It serves corporates, public sector, and small and medium enterprises. The company's Global Treasury and Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provision of structured treasury products and financial solutions. Its OCBC Wing Hang segment offers commercial banking, consumer financing, share brokerage, and insurance services. The company’s Insurance segment provides fund management services, and life and general insurance products. Its Others segment is involved in property and investment holding activities. As of May 7, 2018, the company operated a network of 590 branches and representative offices in 18 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.

Frasers L&I Trust

FLT FULL YEAR DPU UP 2.6% TO 7.19 SINGAPORE CENTS

 4QFY18 Distributable Income 35.6% higher at A$36.0 million

 Two leases signed in 4QFY18 bringing total leasing completed in FY2018 to 296,953 sq m

 Occupancy of 99.6% and WALE of 6.87 years as at 30 September 2018

 FLT portfolio valued at approximately A$3.0 billion, an uplift of A$56.0 million.


DPU of 2.57 cents ex.dividend on 12th Nov. Pay date is on 19 Dec 2018. Total DPU for half year would be 3.58 cents including 1.01 cents being advanced DPU being paid out due to placement of new share in May.

Distribution Policy FLT will distribute at least 90.0% of its Distributable Income. Distributions will be made on a semi-annual basis for the six-month periods ending 31 March and 30 September. The actual level of distributions above 90% is to be determined at the REIT Manager’s discretion. Unitholders have the option to elect to receive distributions in Singapore dollars or Australian dollars.


Adjusted NPI for 4QFY18 of A$49.3 million was A$17.0 million (or 52.6%) higher than 4QFY17. The higher Adjusted NPI for 4QFY18 was contributed by the 2018 Australian Acquisition (A$0.3 million); the 2018 European Acquisition (A$13.2 million (€8.4 million)); and the 2017 Acquisition Transaction (A$2.7 million). The net effect of the annual fixed rental increment in the Australian portfolio and other income of A$2.0 million for 4QFY18 which relates to the early surrender fee received for Lot 105 Springhill Road, Port Kembla, New South Wales, also contributed to the increase in the Adjusted NPI. These were partly offset by the effect of the 2018 Divestments.

4QFY18 finance costs of A$7.6 million was A$3.2 million higher than 4QFY17. This was due mainly to higher borrowings to finance the 2018 European Acquisition during the financial year and the 2017 Acquisition Transaction. Actual weighted average interest rate (excluding upfront debt related expenses) for 4QFY18 was 2.5% and 4QFY17 was 2.8% per annum. At 30 September 2018, 82% (30 September 2017: 72%) of borrowings were at fixed rates.

The actual total return attributable to Unitholders of the Trust for 4QFY18 of A$96.1 million was A$67.2 million (or 231.7%) higher than 4QFY17 which included (a) gain on the 2018 Divestments of A$23.4 million (4QFY17: Nil); (b) a fair value gain on investment properties of A$54.7 million (4QFY17: A$11.5 million).

Tax expenses for 4QFY18 of A$18.1 million was A$11.1 million (or 156.3%) higher than 4QFY17. Current income tax was higher due mainly to higher distributable income, tax arising from the gain recorded for the 2018 Divestments and on other income. Deferred tax charge was also higher due mainly to the fair value gain recorded for investment properties.


 The REIT Manager has elected to receive 100% of the 4QFY18 quarterly base management fee in the form of units (4QFY17:100% in units).

Income available for distribution to unitholders was A$34.0 million, an increase of 28.0% over 4QFY17. The REIT Manager has declared a distribution of A$2.0 million from the gain on the 2018 Divestments.

Yield is about 7.05% base on DPU of 7.19 cents, current share price of $1.02.

Result seems quite good as DPU of 1.78 cents for 4th quarter seems to be able to maintain about the same as per last year of 1.77 cents.

Not a call to buy or sell.

Pls dyodd.


In the short term, demand for industrial and logistics real estate are expected to remain high and rental rates to rise further. For the near future, the economy is expected to grow and drive demand for both industrial and logistics real estate. The increase of e-commerce will result in both new large scale e-fulfillment centers and smaller city hubs for the last-mile city distribution.

Overview The REIT Manager continues to monitor developments on the global trade tensions. Looking ahead, the REIT Manager will continue to grow FLT’s prime industrial portfolio with a focus on generating sustainable and long-term value for FLT unitholders.

Genting Singapore

Chart wise, I think we are waiting for the next catalyst to breakout 95/96.5 and bring it higher towards 1.00 then 1.05 and above.

From TA point of view, it has just crossed over the upper Trend Line which is viewed as rather positive as it has manged to breakout of the Downtrend chart patterns which signify Bull is in control.

This would be my trading plan for this counter.

EP - 95 cents
TP 1.05 - $1.09
SL 90 cents.

Not a call to buy or sell.

Please do you own due diligence.


Also looking at their financial nos for past few year we can notice that it has managed to increase consistently its Net Income amount from 2015 to 2018.

Similarly, it has also managed to increase consistently it Diluted EPS from 2015 to 2018 without fail.
This is rather impressive.

One thing share holders would be very please to have is , it has managed to increase its Dividend payout from a merely 1 cents in 2014 to 3.5 cents in 2018. Quite a big jump from 1 cents to 3.5 cents.

Yield is about 3.7% base on current price of 93 cents.


Normal EPS is about 5.7 cents. PE is about 16x.

I think the company has no problem to continue to maintain paying 3.5 cents or even 4 cents dividend.

It is seemingly oversold and I would say it fair value is about $1.20+ even without factoring the winning of the additional license.

Trade/invest base on your own decision.

All information provided is just for sharing.



Genting Singapore Limited, an investment holding company, engages in the development, management, and operation of integrated resort destinations in Asia. Its integrated resort destinations comprise gaming, hospitality, MICE, leisure, and entertainment facilities. The company primarily owns Resorts World Sentosa, a destination resort, which offers a casino, Adventure Cove Waterpark, S.E.A. Aquarium, Universal Studios Singapore Theme Park, MICE facilities, hotels, Michelin starred restaurants, and specialty retail outlets. It is also involved in the operation of casinos; and provision of sales and marketing support services to leisure and hospitality related businesses, as well as in the investment activities. Genting Singapore Limited was incorporated in 1984 and is headquartered in Singapore. Genting Singapore Limited is a subsidiary of Genting Overseas Holdings Limited.

SIA

After touching the low of $9.14 , it has managed to stage a nice rebound and head higher to hit $9.57 on 2nd Nov 2018, this is rather bullish!

NAV $11.78.
P/B 0.84
Dividend of 40 cents. Yield of 4.2% looks quite attractive.


With oil price turning softer, SIA may benefit .

Short term wise, I think it may likely move up to retest $9.86 .
Breaking out of $9.86 with good volume, that may propel to drive the price higher towards $10.06.

Not a call to buy or sell.

Pls dyodd.


Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services in East Asia, the Americas, Europe, South West Pacific, West Asia, and Africa. The company also offers engineering services, air charters, and tour wholesaling and related services, as well as trains pilots. In addition, it engages in the provision of aircraft maintenance services, including technical and non-technical handling at the airport; maintenance, repair, and overhaul of aircraft and cabin components/systems; and aviation insurance services. Further, the company is involved in the repair and overhaul of aircraft and cabin components/systems; providing and marketing cargo community systems; marketing and supporting portal services for the air cargo industry; and reservation service systems. As of March 31, 2018, its operating fleet consisted of 186 aircraft, which included 179 passenger aircraft and 7 freighters. The company was founded in 1947 and is based in Singapore. Singapore Airlines Limited is a subsidiary of Temasek Holdings (Private) Limited.