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Thursday, January 24, 2019

Hong Leong Asia

Chiong ah! TA wise , looks bullish on the daily chart patterns. Looks like it may likely continue to trend higher to retest 62 cents .


 Crossing over of 62 cents with ease + good volume that may drive the price higher to 70 then 80 with extension to 1.00.


 Not a call to buy or sell. Pls dyodd.


g Leong Asia Ltd., an investment holding company, manufactures and distributes diesel engines and related products, consumer products, building materials, industrial packaging products, and air-conditioning systems in the People’s Republic of China, Singapore, Malaysia, and internationally. The Diesel Engines segment offers light-duty, medium-duty, and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, and marine and agriculture applications; engines for diesel-powered generators; automobile spare parts; and maintenance and retrofitting services. This segment offers diesel, natural gas, and hybrid engines to original equipment manufacturers and retailers. The Consumer Products segment provides refrigerators, freezers, wine chillers, coolers, air-conditioners, and washing machines for residential customers. The Building Materials segment offers cement, pre-cast concrete products, ready-mix concrete, and quarry products for the construction industry. The Industrial Packaging segment provides container components; and rigid plastic packaging products for the industrial and consumer packaging markets, including personal care, household, food and beverage, lubricant, and chemical markets. The Air-conditioning Systems segment offers air-conditioning (AC) systems and lifestyle consumer appliances, including central AC, multi-split, residential heat pump, floor heating, and variable refrigerant flow systems; fan coils; air cooled and water cooled chillers; and air handling units under the brand names of Airwell and Fedders for use in residential, commercial, and industrial applications, as well as in private households. The company is also involved in the hospitality and property development activities. The company was founded in 1941 and is headquartered in Singapore. Hong Leong Asia Ltd. is a subsidiary of Hong Leong Corporation Holdings Pte Ltd.

Tuesday, January 22, 2019

APAC Realty

I think this counter is due for a nice rebound!


 TA wise, looks like it is doing a counter trend reversal patterns! Daily chart is showing bullish indication as the current price is staying above it's SMA lines.

 Also MACD is rising up nicely that may likely see price continue to trend higher.


 However, weekly chart is still on a downtrend mode direction as can be seen from the chart below.


It is good to be cautious and may be a FIFO basis approach is preferable.


 Short term wise, I think a nice crossing over of 50 smoothly+ good volume that may drive the price higher to 55 then 60 cents and above .

 EPS is about 7.3 cents.PE is about 6.84x.


Dividend of 4 cents, yield is about 8% looks attractive. Cash on hands of about $52m versus borrowing of $58m. Debts level is quite marginal.

Not a call to buy or sell.

Pls dyodd.


Sunday, January 20, 2019

Sunningdale Tech

TA wise, looks Bullish!
The current price of 1.52 is staying healthy above it's SMA lines, looks positive!


I have entered my position at 1.47 and hoping for it to re-conquer 1.53 level.

Breaking out of 1.53 smoothly it may likely rise to 1.60 then 1.70 level .


Not a call to buy or sell.

Pls dyodd.

NAV 1.95.
Dividend of 7.5 cents.
Yield 4.93%, looks quite attractive.
PE is about 10x.



Saturday, January 19, 2019

Sembcorp Marine



TA wise, looks Bullish as it is able to bounce off from the low of 1.49 and stage a nice recovery and rises higher to close at 1.67 last Friday, looks rather positive!



Both MACD & RSI are rising nicely upwards and may likely provide further indication that price may continue to trend higher.

The current price is also staying above it's SMA line which is another positive indication that price may likely move up to retest 1.74 level. 

Breaking out of 1.74 with ease + good volume that may drive the price higher to 1.80 then 1.90 and above .



US crude surges 3.3% to 2-month high on hopes for US-China trade deal.

Crude futures ended Friday’s session up $1.73, or 3.3 percent, at $53.80 per barrel.

Not a call to buy or sell.

Pls dyodd.


Friday, January 18, 2019

Far East Orchard

Far East Orchard is hovering between the price range of $1.20 to $1.24 seems to be a good support level. The NAV is about $2.82 seems to be trading at a Great discount of almost 50% ( Margin Of Safety).


Dividend of 6 cents for the Past 5 years, yield of 4.88%
P/B is about 0.436
Company is profitable .


The current price of $1.23 seems like super undervalue. A rare gems not to be missed!
Let's say we can roughly work out the short term TP of $1.41(0.5 X NAV $2.82)  or next TP of $1.55( 0.55 x $2.82).


Not a call to buy or sell.

Pls dyodd.

Thursday, January 17, 2019

Genting Sing

After hitting the high of 1.12, we have experienced some profit taking and saw it's price came down to close at 1.06. I think this is quite healthy.

After this correction hopefully, it is able to move up to re-attempt 1.10 again. Breaking out with ease + good volume that may drive the price higher to 1.18 and above .

Pls dyodd.



Looks like it may move up to retest 1.11 level . Breaking out smoothly + good volume that may drive the price higher to 1.20 level and above.



Pls dyodd.


14th Jan 2019
Genting Sing TA wise , looks bullish!
Likely to continue to trend higher!


My Trading plan :
EP - 1.06
TP - 1.18-1.20
SL - 1.00

Not a call to buy or sell.
Pls Dyodd.



After touching the low of 95.5 cents, it had managed to recover and rises higher to hit 1.05, looks rather positive .

I think patience is needed in order  to see our rewards.


Short term wise, It would likely breakout 1.05 with ease and scale Higher towards 1.09-1.10 level .
Next resistance will be at about 1.18 level .

Not a call to buy or sell.


Pls dyodd.