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Sunday, March 10, 2019

SingTel

SingTel is trading at 2.94 which is pretty attractive that come with a dividend yield of 5.95%.


 The management has mentioned during the financial result for Full year 2018 that the company likely to maintain its ordinary dividends at 17.5 cents per share for the next two financial years. 


Quote: Dividend Policy Singtel is committed to delivering dividends that increase over time with growth in underlying earnings. Its dividend payout ratio is between 60% and 75% of underlying net profit. Singtel is also committed to maintaining an optimal capital structure and investment credit grade ratings.


 Barring unforeseen circumstances, it expects to maintain its ordinary dividends at 17.5 cents per share for the next two financial years and thereafter revert to the payout ratio of between 60% to 75% of its underlying net profit.

 For the past 5 years track record , its FCF has no problem to maintain in supporting the dividend payout policy . I am looking to add at 2.90 and below .

Not a call to buy or sell.

 Pls dyodd.

Friday, March 8, 2019

OCBc Bank

TA wise, looks super bearish!
The current price of 11.05 is staying below it's 20,50,100 and 200 days moving average .
Likely to see further selling down pressure.


Short term wise, I think it will retest the recent low of 11.01 . Breaking down with high volume that may continue to drive the price lower to 10.78 then 10.60 with extension to 10.36.


Not a call to buy or sell.

Pls dyodd.


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 products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance 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; 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; and customized and structured equity-linked financing services. This segment 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 570 branches and representative offices in 19 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.

Thursday, March 7, 2019

Keppel Corp

Chart wise, looks bearish! Likely to go down to test 6.00 again.


Breaking down of 6.00 would be critical as it is a strong support level . Next , could be seeing 5.85.

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.

Sembcorp Marine

TA wise, looks bearish! It is loosing momentum after touching the recent high of 1.78.


It has broken down the support at 1.69 and has continued to go lower to touch 1.64 today, looks rather weak.


Short term wise, I think it may retest 1.58 level .

Not a call to buy or sell.

Pls dyodd.



Ying Li Intl

Today we had witnessed a nice breakout moment for this counter! A beautiful white soldier + Close well at 13.1 cents coupled with high volume this is rather Bullish!


Short term wise, I think it may move up to test 14 cents with extension to 15 cents .

As this is a penny counter, is good to exercise with extra cautious!


Not a call to buy or sell.

Pls dyodd.


Wednesday, March 6, 2019

APAC Realty

Nice Breakout of the recent high of 59.5 cents coupled with High volume this is rather Bullish!


Today close well at 60 cents and also managed to rise above it's 200 days moving average signifying bull is fully in control!


Likely to move up to retest 66 then 70 cents + the possibility of filling up the Gap at 77 cents .

Huat ah!

Pls dyodd.


2nd March 2019
TA wise , looks Bullish! Slight pull back after hitting the recent high of 59.5 cents. It is now taking a breather.




My Trading plan as follows:
EP - 59
TP - 70-78
SL - 54


 You may apply position sizing. Everyone has different risk level.

Not a call to buy or sell.


 Pls dyodd.