ThaiBev

TA wise, looks super bearish! It is trading below its SMA lines & RSI is still trending downwards with no sign of bullish divergence. With each Gap down, it has further weaken and went lower as reflected on the chart.

Every Gap down tells us a certain reason why it is happening.
In this case, I think it could be due to the company latest FY financial results that saw its NET profit dropped a whopping 40+% to $20,726m Baht.

Total dividend also slash almost half from 67 cents Baht to 39 cents( 1.625 cents Singapore cents). Giving a yield of about 2.75% based on current price of 59 cents. 

Total debt amounts has ballooned from $30,729m Baht to $208,756m Baht. A huge jump of almost 600%.

It might be good to wait for its price to stabilize first before making further decision/action.

Short term wise, I think it may likely go lower to test 55 cents then 50 cents with extension to 45 cents.

Not a call to buy or sell.

Pls dyodd/

trade/invest base on your own decision.


Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand and internationally. The company operates through Spirits, Beer, Non-Alcoholic Beverages, and Food segments. It offers liquor and beer products; spirits, including brown spirits, white spirits, herbs, and other products; and non-alcoholic beverages comprising drinking and soda water, electrolyte beverages, energy drinks, green and herbal tea, ready-to-drink coffee, carbonated soft drinks, isotonics, soya drinks, Asian and sparkling drinks, coconut water, cordials, pasteurized milk, UHT milk, sterilized milk, yoghurt, canned milk, pasteurized juice, ready-to-drink juice, ice cream, and cereal bars. The company also provides chilled and frozen food products, and snack products; and fertilizers and feeds, bricks, and oak barrels. In addition, it is involved in the trading of molasses; provision of transportation and distribution, advertising and marketing, training, consultancy, asset and brands management, public cold storage, and human resources and organization development services; operation of Japanese restaurants, bakeries, and social enterprise; and production and distribution of biogas. Further, the company is involved in the trading of bottles and supplies; distribution of beverages; and production of plastic packaging and related businesses. Thai Beverage Public Company Limited was founded in 2003 and is based in Bangkok, Thailand.

Sembcorp Marine

Sembcorp Marine had a beautiful white thrust bar on 3rd Dec and closed well at 1.73. Coupled with high volume this is rather bullish!


It is now taking a breather after hitting the high of 1.74. looks like it may re-attempt 1.70 level & 1.74 again!

• OPEC producers agreed to cut output by 800,000 barrels per day, while allied nations including Russia will reduce production by 400,000 bpd.
• The combined cut of 1.2 million bpd is in line with expectations and will take effect in January.

Breaking out with good volume that may propel to drive the price higher towards 1.80 then 1.85 with extension to 1.90.

Not a call to buy or sell.
Pls 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 Ltd. 

Raffles Medical

TA wise, looks Bullish!
The current price of 1.20 is staying well above it's SMA lines, looks positive!

My Trading plan
EP 1.21
TP 1.31-1.40
SL 1.16

Not a call to buy or sell.
Just sharing about my view.
Pls dyodd.

Frasers Property

Chart wise, it has turned Bullish!
The current price of 1.66 is trading above it's SMA line which is rather positive and may likely continue to trend higher.

Nav of $2.52.
Dividend of 8.6 cents.
Yield of 5.2%, looks attractive.
PE below 7x.

Short term wise, I think it may likely move up to test 1.70 .
Crossing over 1.70 with ease + good volume that may drive the price higher towards 1.80 then 1.85 and above .

Not a call to buy or sell.

Pls dyodd.

Chip Eng Seng

TA wise looks bullish!
Likely to continue to trend higher!

The current price of 76 cents is staying above it's 20 days Moving Average, this is rather positive.

My trading plan.
EP - 76
TP - 83-90.
SL 72.5


Not a call to buy or sell.
Pls dyodd.
Trade/invest base on your own decision.

Chip Eng Seng Corporation Ltd, an investment holding company, engages in the construction, property development and investment, and hospitality businesses primarily in Singapore, Australia, Malaysia, and Maldives. The company operates through Construction, Property Developments, Property Investments, Hospitality, and Corporate and Others segments. The company constructs public housing projects, condominiums, and executive condominiums, as well as industrial and commercial projects; develops residential, commercial, and industrial properties, as well as manages development projects; and provides real estate management and consultancy services. It also leases investment properties, such as shophouses, and commercial and industrial properties; operates hotels and island resort; engages in treasury functions; and invests in marketable securities. In addition, the company acts as general building contractor; manufactures and trades in precast products; and provides general building engineering services. Chip Eng Seng Corporation Ltd was incorporated in 1998 and is headquartered in Singapore.

Wilmar Intl

TA wise, it is rather bearish and is on a downtrend mode chart patterns.
The current price of 3.04 is staying below its 20,50,100 & 200 days moving average. This is generally negative and further weakness of the share price is highly possible.

The same chart patterns has been repeating itself. As can be seen from the chart, Distribution happen after the share price has risen towards 3.25 to 3.30 area. The selling off would usually happen with a few bearish wide candlestick to drive the price lower.
Once the Demand/Accumulation start to come in, you would be able to see a long white candlestick with a surge in price + volume. This would be a good entry opportunity.


Let's wait and see if demand/accumulation would happen again at 2.97-2.99 area.

I am waiting to see if the same chart pattern would be replaying again!

NAV $3.42
Dividend of 10 cents , yield is about 3.2%
Total revenue and Net income seem to have increased from year 2014 as compared to 2018.
Same goes for dividend.

Not a call to sell or buy.


Pls dyodd.

Wilmar International Limited operates as an agribusiness company in the People’s Republic of China and internationally. The company operates through four segments: Tropical Oils, Oilseeds and Grains, Sugar, and Others. It engages in the oil palm cultivation, harvesting, and milling activities that primarily provide crude palm oil and palm kernel; and milling of fresh palm fruit bunches. As of December 31, 2017, the company owned an oil palm plantation covering an area of 239,935 hectares in Indonesia, East Malaysia, and Africa. It is also involved in processing, merchandising, branding, and distributing palm oil and laurics related products, including oleochemicals and biodiesel; and oilseed products, such as soybean, rapeseed, groundnut, sunflower seed, sesame seed, cottonseed, canola, corn, and rice bran oil and meal products, as well as rice, flour, wheat bran meal, and bran and pollard to distributors, wholesalers, feed millers, industrial users, and retailers. In addition, the company produces and markets edible oil, rice, flour, grains, and noodles to traditional retail outlets, supermarkets, convenience stores, and hypermarts under its own brands. Further, it engages in milling, refining, merchandising, branding, and distributing white sugar, brown sugar, caster sugar, and syrups in bulk and packaged forms; the generation and sale of electricity; the manufacture and sale of bioethanol, as well as nitrogen, phosphorus, and potassium compound fertilizers; and the distribution of a range of chemicals and ingredients, as well as in ship-owning, chartering, brokering, and management activities. The company was founded in 1991 and is headquartered in Singapore.