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Saturday, January 11, 2020

Food empire

Last Friday, we had a nice breakout moment and close well at 68.5 cents coupled with high volume this is rather positive!


Short term wise, I think likely to retest 69.5 then 71 cents with extension to 78 cents.


Not a call to buy or sell.
Pls dyodd.

2nd Jan 2020
Chart wise,looks bullish!
A nice breakout today at 65 cents coupled with high volume this is rather positive!


Likely to move up to retest 70 cents with extension to 75-80 cents.


Pls dyodd.

11th November 2019
3rd quarter Net profit of US$7.9m a rise of 34.4% on sales growth in Russia, Ukraine and IndoChina. The group expects business to "remain resilient" even as the global economy is projected to grow at a slower pace for the remaining part of 2019 as a result of continuing trade tensions between the US and China.


The results looks good!


Chart wise, looks bullish!
Likely to retest 55 cents again!

A nice breaking out of 55 smoothly plus good volume that may drive the price higher to 56.5 then 60 with extension to 70.

Not a call to buy or sell.



Pls dyodd.

Friday, January 10, 2020

Maple Nac Tr

The Japan acquisition is dup accretive of 1.8%.


Current dpu of 7.69 cents , if dpu increase 1.8% to 7.829 cents ,yield would be 6.7% base on current share price of $1.17.


FW will be opened on 16 Jan 2020. RentAl may start to flow in agAin.

EGM on Jan 2020 2.30 pm.

23 December 2019
Chart wise, it is consolidating.
Need a breakout of 1.18 in order to rise further!



Result will be out on 17th Jan 2020.All eyes will be waiting for the coming result cum dividend announcement plus update on FW .




27th Nov 2019
Today Bull has managed to take control of Bear and close 2 cents higher at 1.14 ,looks pretty encouraging!


It will need to rise higher to test 1.16 and overcome 1.18 in order to reverse this downtrend!


Covering up the Gap at 1.20 would be a positive indication for price to rise further!


NAV 1.428
P/B 0.798
Dividend estimating a hair cut of 20% to 6.1 cents that is still giving a yield of  5.35% base on current price of 1.14 for a greater margin of safety!

If they are able to payout a higher dividend of 6.5 cents then yield would be at 5.7%. And if dividend can stay at 6.8 cents then yield would be about 6%.

Not a call to buy or sell.
Please dyodd.








Mapletree Comm Tr

Very impressive running up and close well at all-time high of $2.44, looks interesting!


Looks like it may continue to trend higher!
High may continue to go even higher!


Most important is to have a proper trading plan in place .

Short term wise, with market still favoring reit for investment plus results is out on 22 Jan, price may get push further higher!


Breaking out of$2.44 smoothly plus good volume it may move up to test$2.50 then $2.60 level and above.


Not a call to buy or sell.
Pls dyodd.

Thursday, January 9, 2020

Capitaland Mall Trust


Chart wise, looks bullish!
We will need a convincingly crossing over of 2.55 in order to bring it higher towards 2.60 then 2.65 with extension to 2.71.



Not a call to buy or sell.
Pls dyodd.


7th Jan 2020
Today I like the Bull bar appeared on the chart plus close well at 2.46, looks rather bullish!


A smooth crossing over of 2.46 with ease plus good volume that may drive the price higher towards 2.53 then 2.60 & above.


NAV $2.077
P/B 1.17
EPU 15.8 cents.
12.24 cents
About 5% yield.
Quarterly dividend payout basis.


Not a call to buy or sell.
Pls dyodd.


Wednesday, January 8, 2020

Rex Intl

Looks like profit taking is taking place now as she is not able to pierce through 21 cent successfully!


It is now taking a breather and is important to monitor and keep a close watch at 18.5 cents level.


If it is able to rise back to take out 20.5-21 smoothly then we may see a follow through to bring it higher towards 23 cents.

At this point of time you may decide to lock in profit or stay sideline!

Not a call to buy or sell.
Pls dyodd.


Tuesday, January 7, 2020

Macro Polo Marine

Today it has a nice breakout moment and managed to clear 2.4 cents with a saucers like chart patterns and close well at 2.6 cents coupled with high volume this is rather bullish!



Short term wise,I think it may likely move up to retest 3.2 cents then 4 cents with extension to 5 cents and above.


Not a call to buy or sell.
Pls dyodd.