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Thursday, April 23, 2020

OCBC Bank

Chart wise, looks like forming a series of higher high and higher low,seems positive.


The current price of $8.65 is hovering near the 20MA line and a nice breakout to reclaimed this 20 MA line at about $8.77 would certainly lift the price higher towards $9.00 & above.


NAV $10.39.
Dividend of 53 cents
Yield is 6.1%


Looks pretty attractive as it it trading below its book value plus 6% yield.

Not a call to buy or sell.
Pls dyodd

Tuesday, April 21, 2020

MAple Comm Trust

Chart wise, looks bearish! I think market is giving us plentype of opportunity to exit or lock in profit!


 With the circuit breaker ,I think retail side may be affected even after it has been lifted. Their NPI may come in quite a big % from retail and DPU for the next quarter might be much lowered!


NAV $1.76. Yield is 4+%.

 Short term wise, I think if $1.79 is being broken down then it may likely go lower to test $1.70 then $1.60 with extension to $1.50 level. Not a call to buy or sell. Pls dyodd.

Monday, April 20, 2020

YZJ

Chart wise, the running up is too steep + rejecting the resistance at $1.07 coupled with high volume, looks like big boys has already exited!


Two doji for the next two trading days seems like it is doubtful of the recent running up!


Short term wise, a breaking down of 98 cents would see further selling down pressure!
Likely to go lower to test 90 cents with further sliding down towards 80.


As oil demand slow down, many shipping or logistics shipments may also badly affected as cargoes volume may be much lowered .

Not a call to buy or sell.
Pls dyodd.

Food empire

Chart wise, looks like having a temporary rebound after touching the low of 41.5 cents.


The current price of 52.5 cents is trading at PE of 7.5x looks pretty undervalued.


Short term wise, a breakout of the recent high of 56 cents would likely drive the price higher towards 60 then 70.


Dividend of 2 cents XD on 30 April.


Not a call to buy or sell.
Pls dyodd.

Sunday, April 19, 2020

DBS Group

Chart wise, looks rather interesting!
It has managed to bounce-off from the lower Trend Line at about $19.01 and rises higher to hit $19.21 , looks rather positive!


The current price of $19.21 is staying above it 20 days MA looks like the worst might be over!

Short term wise, a nice breakout of the recent high of $20.06 price level plus high volume that may drive the price higher towards $20.35 then $21.00 with extension to $22.35.


Dividend of 33 cents per quarter.
Recent analyst has been projecting dividend might be cut for the coming quarter result on 30th April to 30 cents per quarter.
Let's say the yearly dividend of $1.20, Yield is still pretty high at 6.24% based on the current price of $19.21.


I think is difficult to catch the bottoming price. Is good to have a proper investment plan in place.


Not a call to buy or sell.
Pls dyodd.


Saturday, April 18, 2020

CApital Mall trust

Chart wise, looks rather bullish!
A nice breakout of $1.90 coupled with high volume that would likely drive the price higher towards $2.00 then $2.10 with extension to $2.20.


Result will be out on 30 April morning, all eyes will be closely monitored how much DPU they are going to payout! If DPU drop more than 50% then can expect to see a reverse in price action.


Not a call to buy or sell.
Pls dyodd.

Looks like she has found her bottom and bounce off nicely from $1.49 to trade higher at $1.77 level, looks positive!


Short term wise, I think a nice breakout of the recent high of $1.84 would likely bring the price higher towards 1.90 then $2.00.


I think once the current market sentiment improve,she would likely be trading above $2.00.

NAV $2.105.
Lets say DPU drop to 11 cents from 12.2 cents , yield is about 6.2% for this blue chips reit counter, looks quite attractive!



Not a call to buy or sell.
Pls dyodd.