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Wednesday, May 8, 2019

Alliance Mineral

This counter is on steroids!
One long Green bar appeared on the chart, coupled with jigh volume looks Bullish!


We may want to take advantage of the white soldier and ride in the upwards momentum!


Short term wise, I think it may like retest 20 cents then 21 cents with extension to 22 cents .

Not a call to buy or sell.

Pls dyodd.


Sunday, May 5, 2019

SGX

TA wise, looks bearish!
It has broken down the recent low of 7.25, likely to continue to trend lower.


If 7.20 cannot hold then I think it may go down to retest 7.00 and perhaps 6.80 level.

Not a call to buy or sell.

Pls dyodd.


Saturday, May 4, 2019

Memtech Intl

Nice reversal chart patterns, looks bullish!
After going ex.dividend on 2nd May, it has managed to close 1 cents higher at 1.07 looks positive.


RSI is still rising up nicely and price is staying above its SMA lines looks like it may continue to trend higher!

I think short term wise, it my likely cross-over 1.07 smoothly and head higher towards 1.10 then 1.14 with extension to 1.18 level.

Not a call to buy or sell.

Pls dyodd.



Friday, May 3, 2019

Best World

It has been extended again till 9th May.!




Chart wise ,looks super bearish!
Breaking down of 1.50 level I think it may dive towards 1.24 then 94 cents with extension to 64 cents !

Not a call to buy or sell.

Pls dyodd.



12th April 2019
For those that has opened their short selling from 3.30 would be laughing all the way to the bank!


Today it has broken the support level at 1.88 and 1.80 level to close at 1.77, looks super bearish!


Short term wise, it may likely continue to trend lower!

Pls dyodd.


8th Feb 2019
Pretty impressive running up!
Will it continues to cross over the recent high of 3.33!

It seems that bull is still trying to push it higher!

Pls dyodd.



8th Feb 2019
It has continued to rise further and closed higher at 3.30 level.
I think the speed of rising for this kind of scenario is not going to last. Retracement may happen any moment.

I won't be chasing but would be looking at opportunity to take advantage to go short .

I think is good to lock in your profit .

Not a call to sell or buy.

Pls dyodd.

8th Feb 2019
I think the danger is lurking!
High can go even higher. That is the mystery answer!


The current price of 3.19 is trading at All-Time-High.
I think price is hovering far away from its SMA lines which may likely retrace any moment.
Is good to be extra cautious and don't chase blindly!
The volume is low yet the price keep heading higher. RSI is entering into super overbought territories.


NAV is 0.279.
P/B is 11.41x
PE 26x
Dividend of 4.1 cents, Yield of 1.28%

Short term wise, I think it may likely Gap down and retest 2.88 level then 2.66.
Breaking down of 2.66 would be super bearish and may likely go down to revisit 2.35 level then 2.18.

With this kind of price, I would rather switch to SingTel the solid blue chip counter which is giving me a yield of 5.7%.


Not a call to buy or sell.

Pls dyodd.





Best World International Limited develops, manufactures, and distributes skincare, personal care, nutritional, and wellness products. The company operates through Direct Selling, Export, and Manufacturing/Wholesale segments. It offers inner harmony products, including Avance for digestive health, circulatory health, natural resistance, rejuvenation, and oral care; and Optrimax weight management products. The company also provides outer harmony products, such as DR’s Secret range of products for complexion; Miraglo that removes impurities on the skin surface; Aestier for wrinkles, fine lines, and loss of firmness; and PentaLab personal care products. In addition, it offers lifestyle harmony products comprising ÜberAir, a series of air-enhancing equipment. Further, the company manufactures and distributes the Aurigen line of supplements through drugstores. It operates in Singapore, Thailand, Taiwan, Indonesia, Malaysia, Vietnam, Hong Kong, China, Korea, the Philippines, Myanmar, and Dubai. Best World International Limited was founded in 1990 and is headquartered in Singapore.

CapitaR Trust

Chart wise, looks bearish!
If 1.50 cannot hold, next , it could be heading down towards 1.40 - 1.43 area!


I am waiting for price to sail back to 1.43 and below to accumulate again

Pls dyodd.



1st Quarter results is out!
NPI increase 10.7% to 198.87m.
DPU is slightly lower at 2.59 cents versus 2.75 cents last year.

I think is a pretty nice set of financial result!


Gearing is at 35.5%. Looks quite ok to me.

NAV of 1.57.
Yearly DPU is about 10.30, yield is about 6.8%.


No dividend to be paid out this quarter.


I would patiently wait for price to come back to 1.40-1.42 region to have at least a higher yield of more than 7%.

Chart wise, looks like it is turning weaker and may go below 1.50 level.

Not a call to buy or sell.

Pls dyodd.


StarHub

1st Quarter 2019 result is out!
Total gross revenue is up 6% to 598m.
However net profit is down 22.3% to 49.3m versus 64.3m last year.


Dividend of 2.25 cents has been declared.

Now let us take a look at the cash flow statement:

Net cash from Ops is 66.7m less capex 45.4m.
FCF is 21.3m .
Total no of share is 1734,757,000.


If you take dividend to be paid out if $22.5 x 1,734,757 = 39.032m.

FCF is not sufficient to cover the Dividend payout !

I think is good to be mindful of this negative FCF that is still not sufficient to cover this dividend payout of 2.25 cents.

Pls dyodd.



Let us work out the Free cash flow for StarHub base on their financial result for 2018.

As can be seen from their Cash Flow statement for FY2018,  Ops cash flow after working capital changes is $446.6m.

FCF = $446.6m less CAPEX of $ 272.8m = $ 173.7m.




Dividend of about 9 cents (2.25 cents x 4) to be paid out for Y2019 is about 1,730,698,702 shares X $90 , which is about $155.76m.

It looks like the FCF of $173.7m less dividend of 9 cents to be paid in Y2019 of $155.76m,we have a positive FCF of $17.94m.


However, if we take a look at the Bank loan to be paid up in one year is $50.1m.

Therefore, I think the balance of FCF of 17.94 is not sufficient to cover the bank loan $50.1m beside the interest to be payable for the remaining bank loans + perpetual notes etc.


The group net debts level is quite high at 1.52x.


This is just my observation base on the financial figures being extracted from the FY2018 statement.

This is just for sharing and not a call to buy or sell for this counter.

It is good to do you own analysis.