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Sunday, November 22, 2020

STI

 Chart wise, looks like price patterns has a very impressive running up looks like overly extended likely to see a retracement happening any moment!




Immediate support is about 2764. Overhead resistance is at 2839.


Not a call to buy or sell

Pls dyodd.


Saturday, November 21, 2020

CICT

 C38U - the price has retreated after touching the high of $2.06, I think uptrend mode still intact!




Short term wise, is good to monitor and see if price can move up to retest 2.03/2.06 again!

Breaking out smoothly plus good volume that may likely drive the price higher towards $2.10 then $2.16 with extension to $2.27.


Not a call to buy or sell.

Pls dyodd.


Sbs Transit

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to rise $3.38. Breaking out smoothly plus good volume that may likely drive the price higher towards $3.60 then $3.78.


Not a call to buy or sell.

Pls dyodd.


Friday, November 20, 2020

Ascendas Reit

 Wah, Monday can go to ATM to press and subscribe to the new share! 

The newly PO share will start to trade on 9th Dec 2020.




Benefits of the Proposed US Acquisition

The Proposed US Acquisition will bring the following benefits to Unitholders:

(i) Increases exposure to US technology cities and diversifies Ascendas Reit’s 

portfolio;

(ii) Strategic location in San Francisco, a leading technology city in the US; 

(iii) Well-located in South of Market, an attractive submarket in San Francisco;

(iv) High quality and newly completed properties;

(v) High occupancy rates, long remaining lease tenures and annual rent escalations;

(vi) Increases proportion of freehold land held by Ascendas Reit;

(vii) Strengthens Ascendas Reit’s US tenant base; and

(viii) DPU and net asset value accretive to Unitholders.

(See announcement titled “Proposed Acquisition of Two United States Office Properties 

Located at 505 Brannan Street & 510 Townsend Street, San Francisco, California, United 

States” dated 10 November 2020 for further information.)



I think IS a great opportunity to participate and subscribe to the new PO!

Not a call to buy or sell.

Pls dyodd.


OcbcBank

 Wah, next week may likely retest $10.00 again! Huat ah!




A nice breakout coupled with high volume that may likely drive the price higher!


Not a call to buy or sell.

Pls dyodd.


 Chart wise, looks bullish!

I think price is A bit of overly extended likely to retrace before making the next direction.




Short term wise, I think it will likely be taking a pause before continuing this uptrend mode direction!

Likely to move up to retest the resistance at about $10.00. Breaking out plus good volume that may likely drive the price higher towards $10.50 then $11.


Not a call to buy or sell.

Pls dyodd.


Thursday, November 19, 2020

ComfortDelgro

 Beautiful! It is trending up nicely towards $1.70 , looks rather positive!




Short term wise, I think a nice breakout of $1.70 coupled with high volume that may likely drive the price higher towards $1.80 then $1.90 with extension to $2.


Pls dyodd.


 Lai ah, no more durian dropping!

It is recovering and is trending higher, looks encouraging!




Short term wise, I think she may likely reclaim $1.55.

Breaking out smoothly plus good volume that may likely drive the price higher towards $1.60 then $1.70 with extension to $2.00.


Not a call to buy or sell.

Pls dyodd.