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Monday, November 16, 2020

Suntec Reit

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to go up to retest $1.57. A nice breakout coupled with high volume that may likely drive the price higher towards $1.65 then $1.70 with extension to $1.88.


Not a call to buy or sell.

Pls dyodd.



Sheng Siong

 Chart wise, looks bearish!

Likely to continue to trend lower!




Short term wise, I think she is likely to go down to retest $1.51/$1.50.Breaking down of this level plus high volume that may likely drive the price lower towards $1.42 then $1.30 with extension to $1.22.


Not a call to buy or sell.

Pls dyodd.


Sunday, November 15, 2020

Genting Sing

 TA wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to rise further up to retest 84 cents.

Breaking out smoothly plus good volume that may likely drive the price higher towards 90 cents with extension to 95/1.00.


Not a call to buy or.

Pls dyodd.


Saturday, November 14, 2020

CRCT

 Chart wise, it is just merely doing a counter trend reAction.

It has failed to breakout the 200 days MA. Looks like this would be the overhead resistance to watch out!




Short term wise, I think not much catalyst to drive the price higher!

Investors or Traders may be is good to wait for the company announcement to see if they are going to issue rights or PO for the announcement acquisitions.

I think IS good to be cautious!



Not a call to buy or sell.

Pls dyodd.


Friday, November 13, 2020

SingTel

 One of the local telco blue chips counter that I have traded for the past 20+ years. Never seem to fail us with multi billion dollar rev. 

Good cash flow is a positive sign!




I am happy with the half year interim dividend of 5.1 cents although it is much lowered than last year at 6.8 cents. At least they are still paying out dividend unlike certain companies! Conserved cash!  


I think good chance rev may get boosted for overseas investment. May be Final dividend can expect a higher payout dividend of 7-8 cents.

Char wise, looks bullish!

Likely to continue to trend higher towards $2.50 with extension to $2.70.


Not a call to buy or sell.

Pls dyodd.

Sasseur reit

 Chart wise, likely to reclaim 80 cents again!

A nice crossing over smoothly plus good volume that may likely drive the price higher towards 84 cents with extension to 92 cents.




3rd quarter dpu of 1.764 cents, fantastic! Yield of almost 8% base on current price of 79.5 cents.

NAV 90+ cents.

Gearing 27.8%.

P/B 0.88.


Still pretty undervalued!

Not a call to buy or sell.

Pls dyodd.