(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Saturday, March 2, 2019

Sunningdale Tech

Looks like a pump and dump situation!


Pump up to a high of 1.67 before result announcement.

After the FY results is out, it seems like result is not within analyst expectations.

Sold down from 1.67 to 1.46.
Down 21 cents + coupled with high volume, looks bearish!


Not sure has the selling down completed , if not, we may see further selling down pressure to challenge 1.40 then 1.35 & 1.30 level.

I think analyst has down graded to reduce status with a price tag of 1.20 - 1.37.


Not a call to buy or sell.

Pls dyodd.


Friday, March 1, 2019

SingTel

After hitting the high of 3.11, it has retreated quite a bit and close lower at 2.99.



 Looks bearish! If 3.00 level cannot reclaim back then it may go down to test 2.95 with extension to 2.90.

Yearly dividend of 17.5 cents for 2019 and 2020.  Thereafter, I think dividend pay out % is based in 60-75% of Net Income.

Yield of 5.86% is looking attractive at 2.99.

 I am looking to accumulate if it goes back to 2.90 level .


 Not a call to buy or sell.

 Pls dyodd.

DBS

Chart wise, still stuck in a consolidation mode.
Immediate resistance is at 25.40 which is also coincide with its 200 Days moving average.


With market sentiment is not so rosy, I think it may likely move up to retest 25.40 and then retrace to go lower to test 24.70 then 24.00 level.


As the year end reporting season has come to an end.
Expect market to go into correction mode anytime.


Not a call to buy or sell.

Pls dyodd.


First Reit

Chart wise , looks bearish!
Today we had witnessed a wide Bearish reversal bar , likely to continue to trend lower !
Coupled with high volume this is Rather negative.




Short term wise it may go down to retest 1.01 level . Breaking down of 1.01 may see it slide further down towards 98 then 95 cents .


NAV 1.023.
Quarterly DPU 2.15 cents.
Yearly dividend of 8.6 cents .
Yield of 8+%
Not a call to buy or sell.

Pls dyodd.


Thursday, February 28, 2019

Food Empire

FY net profit is up 33.3% to 17.7m. EPS of 4.5 cents(3.39 US cents) . PE of 12.3x base on closing price of 55.5 cents is still looking undervalue.


Estimating a PE of 18x that is 81 cents would be fairly achievable.

Dividend has been increased slightly from 0.6 cents to 0.68 cents.


Cash flow is healthy .


Not a call to buy or sell. Pls dyodd.

Wednesday, February 27, 2019

KepCorp

Chart wise, looks rather weak!
Likely to retest 6.16 again!



Breaking down Plus high volume that may drive the price lower to revisit 5.98 soon.

Not a call to buy or sell.

Pls dyodd.


Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, and infrastructure businesses in Singapore, China, Brazil, other Far East and ASEAN countries, and internationally. It constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; researches and develops deepwater engineering works; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; and procures equipment and materials for the construction of offshore production facilities. The company is also involved in the trading and installation of hardware, industrial, marine, and building related products; provision of leasing services; sourcing, fabricating, and supply of steel components; ship repairing, shipbuilding, and conversion activities; marine contracting and ship owning business; painting, blasting, and process and sale of slag; property investment, management, and development activities; fund management; golf and hotel ownership and operation; development of marina lifestyle and residential properties; trading of construction materials; development of district heating and cooling systems; electricity generation and supply, and general wholesale trade businesses; purchase and sale of gaseous fuels; and trading of communication systems and accessories. In addition, it offers jacking systems, and heavy-lift equipment and related services; project management and procurement, towage, financial, real estate investment trust management, logistics and supply chain, warehousing and distribution, data center facilities management, travel agency, and metal fabrication services; housing services for marine workers; and technical consultancy for ship design and engineering works, as well as solid waste treatment solutions. The company was incorporated in 1968 and is based in Singapore.