I think she has more or less found her support at $1.12 - $1.13.
Seem rather oversold and undervalued is appealing!
NAV $1.5+.
Yield is about 5.35%.
Gearing is below 35%. Strong sponsor, good manAgement.
I think we can only see this kind of price during bad time. When situation improve, I think she may rise bAck to normal trading range of $1.40-$1.55.
Not a call to buy or sell.
Pls dyodd.
Wah, bank counter are trending lower and lower each day, seems like no Sunny day !
When will it climb up the ladder again!
Yearly dividend of 78 cents.
Yield is at 4.1% based on $19.10, looks pretty decent yield.
Not sure when this bearish saga will reverse and do a u-turn to bring some cheers for the shareholders.
NAV $22.. Looks pretty attractive!
Not a call to buy or sell.
Pls dyodd.
She is trending lowered and lowered has to be careful!
I think IS ok to stay sideline and monitor till market direction is clearer!
Pls dyodd.
Chart wise, rather bearish!
Likely to continue to trend lower and perhaps it may go below RSI 30..
I think IS good to be patient and wait for this moment to come!
Pls dyodd.
Looks like the price is trading near RSI 30 might be a good opportunity for those that are waiting for the boat to come back.
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 gauge when it is 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.
Pls dyodd.
Chart wise, we had witnessed the overly extended price to rise higher to touch the high of $4.52 and succumbed to profit taking to close lower at $4.29. This rejection coupled with super high volume might be a tell tale sign for us to get out or locked in profit.
Short term wise, I think we may likely see a retracement happening soon!
It may continue to rise after the short pause but we can never know what could happen after that.
Yield is getting lowered each day at 3.1% , P/B of 2.129x seem highly overpriced!
For investing, I would patiently wait for the correction to take place before making any actions.
Not a call to buy or sell.
Pls dyodd.
Chart wise, looks bullish!
Keep trending higher! But yield is getting lower each day.
Yield is about 3.46%.
P/B is 1.975 almost 2x.
Valuation wise is likely over stretched!
Short term wise, I think she may move up to retest $3.20 level.
Breaking out plus high volume that may likely see further upwards movements!
For Investing, I think it might be good to wait for the retracement/correction to trigger than decide to take further action.
Investing is also voiced down to getting the good entry point plus reasonable yield of min 5% for the famous reits.
Not a call to buy or sell.
Pls dyodd.
The rights issue price of 49 cents ex.Rights in 25 September 2020 likely to see further correction come next week!
Every 1000 share you are allotted 454 Rights share at 49 cents each.
The current price of 73 cents + Rights price of 49 cents, the adjusted avg price is about 65 cents.
Short term wise, I think she may go even lower before ex.Rights date .
Price may correct below 60 cents.
Not a call to buy or sell.
Pls dyodd.
