DBS

Market could be heading higher due to anticipation of the trade saga meeting and may be a deal.
Nothing is certained at this moment! I think it is purely speculation!

Dow jump overnight more than 350 points.
I guess today bank counter may head higher !

Just now saw DBS opening price of 26.04. Is it sustainable! I doubt so!

Yesterday closing price was 24.80.

It may be a bull trap !

Let's see!

Not a call to buy or sell.

Pls dyodd.

Keppel Corp

Chart wise, looks like it may likely re-captured 6.32 and continue to rise further!

NAV 6.345
Dividend of 30 cents
Yield 4.76 % base on current price of 6.30.

Short term wise, I think a breakout of 6.32 smoothly with good volume that may likely rise towards 6.40 then 6.50 with extension to 6.78.

Not a call to buy or sell.

Pls dyodd.

Astrea V

Astrea V Bond CLASS A-1 SECURED FIXED RATE BONDS @ 3.85% interest per annum.

Payment of interest mode - half year basis on 20 June & 20 December.

Schedule Call date - 20 June 2024

Maturity date - 20 June 2029.

Do Note that there is NO Capital Guaranteed ..

Application date start from 12 June 9am to 18 June noon time.

Start trading date on 20 June 2019 9am.

I have applied a bit via internet banking to try my luck.

My intention is to make some Kopi money .

You may take a look at their past Cash flow statement.

Also how the payment will be payout from the IPO prospectus.

Not a call to apply/subscribe this IPO.

Not a call to buy or sell.

Pls dyodd.

Koufu

TA wise, looks bearish!
After hitting the high of 82.5 cents, it has since retreated sharply and slide further down to touch 67 cents, looks rather negative.

The current price of 68 cents is hovering near the support level of 67 cents.
Breaking down of this support level at 67 cents, may likely go further down to retest 63 cents.

NAV 16.93 cents.
EPS of 5 cents ( 1.25 x 4)
PE is about 13.65 x base on current price of 68 cents.

dividend of 2.2 cents, yield of 3.23% looks quite decent.

First quarter 2019 results seem not bad.
Achieving a Net Profit of 6.958m an increased of 12.7% versus 6.173m last year.

The vast improvement in their Ops cash flow of 25.7m versus 10.7m last year looks pretty impressive!

Cash-on-hands of 66.5m with less than 5m loan , Net cash per share is about 11.07 cents.


dividend payment of 2.2 cents is about 12m per year.
With their robust Ops cash flow/FCF, I think they can afford to increase their dividend payout of let say increment of 0.5 cents every year for next 5 years to bring the yearly dividend to 4.5 cents .

I think the company robust FCF should be able to support the dividend payout of 4.5 cents a year which is about 24.98m.

Not a call to buy or sell.

Pls dyodd.

How much share to Buy?

Position Sizing - it plays an important role of protecting the trader for being over exposed to a particular trade by minimizing the risk .


The percentage (%) of risk can be measure in terms of 1-5 or 6-10 % that you can afford to loss for each trade.

How to work out the maximum quantity for each trade that depends of each an individual risk tolerance level.

For example, person A can only tolerate a loss of 3% for each trade.

Let's say he has $10000 as capital. 3% risk appetite.


The formula is roughly as follow:-

10000 x 3% ( risk per trade - 1-10%)
--------------------------------------------
Entry Price less Cut Loss price

=             300
    --------------------------
    $1.00(EP) - $0.95(SL)

      300
 =  -------    =  6000 share.
      0.05

Person A capital for his /her trade is 6000 x $1.00 = $6000

For example , person B risk appetite is 5%.

let's say he or she has $12000 as capital , 5% risk exposure.


The formula is roughly as follows:-

12000 x 5% (% risk per trade)
-------------------------------------
$1.10(EP) less $1.01(SL)

      600
=  ---------
      0.09

= 6600 share.


Person B, he/she capital for this trade would be 6600 x $1.10 = $7260



The above example is meant for educational illustration and is not an advice or recommendation for any particular stock trading.

Pls dyodd.

Genting

Is about time for you to rise up the channel!
SingTel the overly beaten share price has since recovered from 2.98 to touch the high of 3.35.

TA wise, it has bounced off from the low of 85.5 and rises higher to touch 90.5 cents , looks bullish!

It is now taking a breather and may likely re-conquer 90.5 and surge higher to 95 cents then 1.01 and above .

Pls dyodd.

10th May 2019

Genting just released his 1st quarter 2019 result , net profit came in 5% lower to $205m.
EPS is slightly lower at 1.7 cents versus 1.8 cents last year.


I think is a decent set of result!

Price has dropped 1.5 cents to close at 93.5 cents .

FCF is healthy.
Cash on hands is about 4.25b.

Let's say EPS of 6.8 cents for the whole year ,PE is merely 13.5 x seems undervalue.


I think a minimum of PE 18x should be fairly achievable at 1.23.

TA wise, looks bearish!
Current price seems oversold!
Immediate support is at 92 cents .

If 92 cents support is broken down then most probably it may go down to revisit 87 cents !

I am looking to accumulate at 88 cents and below .

Not a call to buy or sell.

Pls dyodd.