Short term wise, I think the immediate support at 22.65 need to hold .If not, further selling down pressure may see the price sliding down to 21.41 level with extension to 20.00.
Not a call to buy or sell.
Pls dyodd.
Friday, March 6, 2020
DBS Group
Within a short span of a few days, the price has fallen from 25+ to $23.00 . The selling down has wiped off the dividend declared of 33 cents, looks like this weakness may continue for the coming week!
Short term wise, I think the immediate support at 22.65 need to hold .If not, further selling down pressure may see the price sliding down to 21.41 level with extension to 20.00.
Not a call to buy or sell.
Pls dyodd.
Short term wise, I think the immediate support at 22.65 need to hold .If not, further selling down pressure may see the price sliding down to 21.41 level with extension to 20.00.
Not a call to buy or sell.
Pls dyodd.
Thursday, March 5, 2020
STI ETF
I think Good opportunity is here again!
Price has fallen below RSI 30 level, looks interesting!
Will we be seeing a rebound from here!
Yearly dividend of 10.7 cents.
Yield is 3.8%.
The current price is $2.90.
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.
Price has fallen below RSI 30 level, looks interesting!
Will we be seeing a rebound from here!
Yearly dividend of 10.7 cents.
Yield is 3.8%.
The current price is $2.90.
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.
Wednesday, March 4, 2020
MapleTree Comm Trust
Chart wise, she is doing a counter trend/reversal playing mode!
Short term wise , I think she may still rise a bit.
The resistance level will be at 2.40 level.
I think profit taking is happening as it has rebound strongly from 2.04 to 2.34 within a short span of 3 days. Explosive move, likely to retrace..
Not a call to buy or sell.
Pls dyodd.
Short term wise , I think she may still rise a bit.
The resistance level will be at 2.40 level.
I think profit taking is happening as it has rebound strongly from 2.04 to 2.34 within a short span of 3 days. Explosive move, likely to retrace..
Not a call to buy or sell.
Pls dyodd.
CapitaMall Trust
Chart wise, looks Bullish!
The current price of 2.51 is trading above it SMA lines which is rather positive and may likely see further upwards movement.
Short term wise, I think it may likely move up to retest 2.55 level.
Crossing over 2.55 with ease plus good volume that may drive the price higher towards 2.60 then 2.65 with extension to 2.72 level.
Not a call to buy or sell.
Pls dyodd
The current price of 2.51 is trading above it SMA lines which is rather positive and may likely see further upwards movement.
Short term wise, I think it may likely move up to retest 2.55 level.
Crossing over 2.55 with ease plus good volume that may drive the price higher towards 2.60 then 2.65 with extension to 2.72 level.
Not a call to buy or sell.
Pls dyodd
UOB
Chart wise, looks super bearish!
Looks like it may continue to head south!
Short term wise, I think it may go down to retest the pivot low of $23.50. Breaking down may likely see $23.00.
Yearly dividend of $1.10 + $0.20 special dividend,total $1.30 looks attractive yield of 5+%.
I am waiting for the price to stabilize then collect a bit!
Not a call to buy or sell.
Pls dyodd.
Looks like it may continue to head south!
Short term wise, I think it may go down to retest the pivot low of $23.50. Breaking down may likely see $23.00.
Yearly dividend of $1.10 + $0.20 special dividend,total $1.30 looks attractive yield of 5+%.
I am waiting for the price to stabilize then collect a bit!
Not a call to buy or sell.
Pls dyodd.
Tuesday, March 3, 2020
DBS Group
The rebound was short-lived and it is now experiencing another leg down!
It is getting more attractive in terms of dividend yield.
I think this selling down is due to US cutting a 0.5% interest rate basis point
I think some may see this as an opportunity to accumulate!
Not a call to buy or sell.
Pls dyodd.
28th Feb 2020
I think we may likely see a rebound soon!
The price has fallen from 26.00 to 24.11 within a span of 1-2 weeks.
RSI & MACD has been driven to oversold territories.
At $24.11, yield is almost 5.47% which is pretty attractive!
I think market bear is giving value investor an opportunity to kio durians!
Not a call to buy or sell.
Pls dyodd.
It is getting more attractive in terms of dividend yield.
I think this selling down is due to US cutting a 0.5% interest rate basis point
I think some may see this as an opportunity to accumulate!
Not a call to buy or sell.
Pls dyodd.
28th Feb 2020
I think we may likely see a rebound soon!
The price has fallen from 26.00 to 24.11 within a span of 1-2 weeks.
RSI & MACD has been driven to oversold territories.
At $24.11, yield is almost 5.47% which is pretty attractive!
I think market bear is giving value investor an opportunity to kio durians!
Not a call to buy or sell.
Pls dyodd.
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