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Thursday, June 18, 2020

Lendlease

Chart wise, looks bullish! Likely to continue to trend higher!



 Short term wise, I think likely to move up to retest 80 cents. A nice breakout coupled with high volume that may likely cross over smoothly and rises further upwards 85 then 90 cents.

 Not a call to buy or sell. Pls dyodd.

Tuesday, June 16, 2020

CapitaR China trust

 Chart wise, looks rather weak!
Likely to continue to trend lower!

The price is trading below its SMA lines looks rather weak and may likely continue to see further selling down pressure!


Short term wise, I think it may likely go down to retest$1.25 then $1.20 with extension to $1.16..


Not a call to buy or sell.
Pls dyodd.

DBS

Chart wise, doesn't look rosy!
Looks rather weak and may likely succumb to selling down pressure!





Today closing is like a deadcat bounced and may likely frizzle off!

Short term wise , I think if it continues to go lower after this temporary rebound we may likely see the price slid further down towards $21 then $20.


Final Dividend has been cut from 10.7 cents to 5.45 cents.


Not a call to buy or sell.
Pls dyodd.

Saturday, June 13, 2020

SingTel

Chart wise,looks a bit shaky!
Hopefully, it can rise higher to cover the Gap at $2.56 and rises above $2.60 level to resume the uptrend mode!


I think the final dividend may rise again given the facts that the dividend was cut due to provision for overseas venture tax and conserving cash due to market situation.


I would think the final dividend may raise back to 6.8 - 7.2 cents that may give us an estimated yearly dividend of 14 cents.

Short term wise, I think likely price may rise to cover the Gap and rises higher to retest $2.60 then $2.66 with extension to $2.80 level.


Not a call to buy or sell.
Pls dyodd.

Valuetronics

Chart wise, looks bearish!
Like to continue to trend lower!


Short term wise, I think it may go down to retest 50 cents then 43.5 .


Not a call to buy or sell.
Pls dyodd.

Friday, June 12, 2020

SBS,Transit

Chart wise, looks bullish!
Likely to continue to trend higher!

Solid defensive counter,most of us need to take public transport..


Short term wise, I think it may continue to rise higher after retreating from the recent high of $3.38.. Likely to rise higher to retest  $3.38 again!


A nice breakout plus high volume that may likely drive the price higher towards $3.60 then $3.82.


Not a call to buy or sell.
Pls dyodd.