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Thursday, July 30, 2020

Keppel Corp

Chart wise, looks rather bearish!
Today we have witnessed a wide bearish bar down 20 cents to close lower at $5.40, seems rather negative.


The result was out after trading hours and recorded a net loss that may be the reason why price tanked during the trading hours. 


Interim dividend was slashed from 8 cents to 3 cents.
I think, short term wise doesn't look rosy!

Likely to see further selling down pressure and may see price sliding down to retest $4.90 again!

Not a call to buy or sell.
Pls dyodd.

Monday, July 27, 2020

CapitaRetail China Trust

Chart wise, looks bearish!
Today Gap down before result announcement tomorrow that is 29th July doesn't look good!


Immediate support is at $1.23.
Breaking down of $1.23 plus high volume that may likely see further selling down pressure towards $1.20 then $1.17 with extension to $1.10.

Not a call to buy or sell.
Pls dyodd.


Sunday, July 26, 2020

First Reit

Chart wise, looks super bearish!
After the announcement of the recent quarter result plus a substantial dropped in dpu to 0.44 cents vs the usual of dpu of 1-2 cents looks like investor are taking a cautious mode!


The rate of the price dropping from around 70 cents to the current price of 55 cents looks rather bearish and may likely see further selling down pressure.

Short term wise, I think it may go down to retest the recent low of 50 cents .
Breaking down of 50 cents plus high volume that may likely see the price sliding down further towards 45 cents and below.


Not a call to buy or sell.
Pls dyodd.



CapitaComm Trust

Chart wise, is still being stuck in a consolidation mode!

2nd quarter dpu of 1.69 cents. Together with first quarter 1.65 cents, shareholder can expect to receive the dividend payout of 3.34 cents for first 6 months period.
Ex.dividend date on 30 July.


NAV 1.84.
Yearly DPU is about 7 cents. Yield is 4% base on current price of 1.71.

I think price seem to have priced in the current market situation.
High probability it may resort to breaking out of the consolidation zone.


Not a call to buy or sell.
Pls dyodd.




Saturday, July 25, 2020

Silverlake Axis

A nice spike up movement for the past 2 days ago coupled with super high volume looks bullish !

Looks like something is brewing!


Short term wise, I think it may likely retest the recent high of 29 cents/30 cents .
A nice breakout plus high volume that may likely drive the price higher towards 36 cents & above.


Not a call to buy or sell.
Pls dyodd.

STI

STI is heading towards the downtrend mode!
Bear is having the upper hand.


If the recent low of 2570 is being broken down then next, she may slide further down toward 2490 level.


Not a call to buy or sell.
Pls dyodd.