CapitaLand

Chart wise, looks rather bearish!
Likely to continue to trend lower.

A deadcat bounced situation has happened when it touches the low of 3.22 and managed to rise higher to hit 3.33.

It has weaken again and went down to close at 3.22. Looks rather negative!

Short term wise,
I think it may likely breakdown 3.22 and continue to slide down to test 3.10 level with extension to 3.00.


Not a call to buy or sell.

Pls dyodd.

Keppel Corp

TA wise, Super bearish!
I think high chance to go below 6.00 and retest 5.78 then 5.67 with extension to 5.50 .

Pls dyodd.

18th May 2019
Last Friday it has broken down the recent low of 6.38 coupled with quite a high volume ,looks rather bearish!

The current price of 6.34 is staying below it's SMA lines looks rather negative and may likely continue to trend lower.


Short term wise, I think it may likely go down to retest 6.20 then 6.00 with extension to 5.80 level.

Not a call to sell or buy.


Pls dyodd.

STI ETF

I think is almost good time to revisit this STI ETF as can be seen from the chart, RSI has driven into oversold territory that is below 20. 

PE is about 11.14x  which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3+%.

When is the Best time to lock in profit is when the RSI is over 70 and the PE is more than 20.

Not a call to buy or sell.

Pls dyodd.

I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).

This simple strategy is to invest in a low cost ETF( Exchange Traded Fund)  such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI) 

This method of operation is to buy into STI ETF whenever it is in an oversold condition
 and to sell off and take profits whenever it is in an overbought condition. 

For example, one may use the  indicator such as the Relative Strength Index (RSI) to determine overbought ( above 70 ) or oversold condition( below 30).

One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.

For example you may plan to buy in at different interval or whenever the Oversold situation happen .

In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.

As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

the example are as follows:-

1. When the index price is $2.00, your $1000 will be able to buy 500 shares.
2. When the index price is $2.50, your $1000 will be able to buy 400 shares
3. When the index price is $2.90, your $1000 will be able to buy 344 shares
4. When the index price is $1.66, your $1000 will be able to buy 625 shares
5. When the index price is $3.00, your $1000 will be able to buy 333 shares
6. When the index price is $3.20, your $1000 will be able to buy 312 shares
7. When the index price is $3.50, your $1000 will be able to buy 285 shares

Total = $7000 / 2799 shares = $ 2.50 average cost per unit.

By using this method, you will be able to make a profit once the stock market rises above this low average price.

RSP :

Just sharing.

Not a call to buy or sell.







Please do your own due diligence.

Valuetronics

TA wise, looks like a reversal chart patterns!
It has managed to bounce-off from 59.5 cents to hit the high of 63.5 cents, looks positive!

Short term wise I think it may lijeli move up to test 65 then 70 with extension to 75 cents.

NAV 45 cents.
Zero debts.
Net cash per share 37 cents.
PE below 8.

Dividend of HKD 20 cents = S$0.035.
Interim dividend of HKD 5 cents.
Yield is 7+%.

Not a call to buy or sell.
Pls dyodd.

SGX

Looks like all the hard work is gone!
Today price dropped 20 cents to close at 7.42 , looks rather bearish!

Short term wise, I think the price may consolidate or move lower to retest 7.35 then 7.30 level.


Is good to be cautious and wait for price to stabilize first !

Not a call to buy or sell.

Pls dyodd.

Valuetronics

TA wise, looks super bearish!
Last Friday it has managed to bounce-off from the low of 59.5 cents and close higher at 61 cents, looks like it is able to stay above the 60 cents crucial Support level. Failure which, it would be quite critical.

Short term wise, I think we may see a technical rebound . After this rebound, it it is still unable to hold above 60 cents level then it may likely go further down to revisit 56 cents with extension to 50 cents level.

The company would be announcing its FY result on Wednesday - 29th May 2019 before trading commence. I think all eyes will be waiting to see how the results fare for the Final quarter!

NAV 0.446.
Dividend of 3.7 cents.

Not a call to buy or sell.

Pls dyodd.