Indeed it has gone down to test 10.50 and managed to bounced off from the low of 10.46 to close well at 10.65,looks pretty encouraging move!
Are we out of the wood yet, I don't think so!
This is a temporary rebound and may likely move up to test 10.70 then 10.78 with extension to $11.00.
Not a call to buy or sell.
Pls Dodd.
23 August 2019
Today close lower at $10.63 looks like it may go down to retest $10.50 soon !
Pls dyodd.
15 August 2019
It went ex-dividend today and price Gap down more than the dividend of 25 cents and close lower at $10.70 down 41 cents, looks rather bearish!
Short term wise,I think it may go down to retest $10.50. Breaking down of $10.50 it may likely continue to slide down towards $10.00 with further falling down to $9.00.
Pls dyodd.
2nd August 2019
It has just released the 2nd qtr results ,Net profit for Q2 is up 1% to $1.2b. Dividend payout increase to 25 cents .
XD 15 Aug. Pay date 3rd October 2019.
Interim dividend of 25 cents, presume Final will be another 25 cents. Total 50 cents. The current price of $11.21 is yielding a yield of 4.4%.
But chart wise,it is showing a different story!
In fact, the price Gap down and is down 19 cents to $11.23 , coupled with quite a high volume this is rather bearish!
Short term Wise, I think it may go down to retest $11.05 then 10.82 with extension to $10.50.
Presume many would be eyeing to see if $10.50 would show up again or even $10.00 to give a dividend yield of 5% that would be nice!
Not a call to buy or sell.
Pls dyodd.
https://spore-share.com or sporeshare.blogspot.com It is very important to equip and educate ourselves with the Trading or investing knowledge. Don’t rely on tips! Ensure we have a proper plan in place whenever we enter a trade. Don’t speculate and trade without knowing what you are trying to achieve. Only trade when the trading opportunity arise. All information provided is just just for sharing. (Trade/Invest base on your own decision!)
Saturday, August 31, 2019
Friday, August 30, 2019
STI ETF
Opportunity is here for those who dare to take action at the right moment!
Looks like it may rise further to retest 3.20 level and then 3.25 with extension to 3.30 level.
Pls dyodd.
17 August 2019
I think is about good time to take a look at this counter that is yielding 3.7+%. Much better than bank interest or certain corporate bond interest.
Chart wise, looks oversold!
But oversold can become oversold for a certain time frame.
I think is a no brainer strategy to apply DCA model on this counter.
Overtime, you will be able to get a nice average price X quantity.
Not a call to buy or sell.
Pls dyodd.
6th August 2019
Looks like opportunity is back again to take a look at this counter!
Seems oversold and RSI is staying below 20..
6th Jan 2019
Looks like it may rise further to retest 3.20 level and then 3.25 with extension to 3.30 level.
Pls dyodd.
17 August 2019
I think is about good time to take a look at this counter that is yielding 3.7+%. Much better than bank interest or certain corporate bond interest.
Chart wise, looks oversold!
But oversold can become oversold for a certain time frame.
I think is a no brainer strategy to apply DCA model on this counter.
Overtime, you will be able to get a nice average price X quantity.
Not a call to buy or sell.
Pls dyodd.
6th August 2019
Looks like opportunity is back again to take a look at this counter!
Seems oversold and RSI is staying below 20..
6th Jan 2019
The price is getting interesting now!
Looks like 3100 might be a good entry opportunity for me!
Not a call to buy or sell.
Pls dyodd.
30th May 2019
I think is almost good time to revisit this STI ETF as can be seen from the chart, RSI has driven into oversold territory that is below 20.
PE is about 11.14x which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3+%.
When is the Best time to lock in profit is when the RSI is over 70 and the PE is more than 20.
Not a call to buy or sell.
Pls dyodd.
I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).
This simple strategy is to invest in a low cost ETF( Exchange Traded Fund) such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI)
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 determine 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.
Please do your own due diligence.
PE is about 11.14x which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3+%.
When is the Best time to lock in profit is when the RSI is over 70 and the PE is more than 20.
Not a call to buy or sell.
Pls dyodd.
I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).
This simple strategy is to invest in a low cost ETF( Exchange Traded Fund) such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI)
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 determine 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.
Please do your own due diligence.
Thursday, August 29, 2019
DBS
Today ,finally see a Green bar after this prolonged selling down, looks positive!
Will it continue to follow-through and rises higher to retest 25.00 then 25.27 with extension to 26.00.
Not a call to buy or sell.
Pls Dyodd.
24 August 2019
Chart wise, looks bearish!
With Dow overnight dropped 600+ points, plus market sentiment/news not too rosy market is gearing towArds bear mode.
Short term wise,I think the price may go down to retest 24.01 the recent low. Breaking down of this level + high volume it may likely go further down to test 23.50 then 23.00.
Not a call to buy or sell.
Pls dyodd.
Will it continue to follow-through and rises higher to retest 25.00 then 25.27 with extension to 26.00.
Not a call to buy or sell.
Pls Dyodd.
24 August 2019
Chart wise, looks bearish!
With Dow overnight dropped 600+ points, plus market sentiment/news not too rosy market is gearing towArds bear mode.
Short term wise,I think the price may go down to retest 24.01 the recent low. Breaking down of this level + high volume it may likely go further down to test 23.50 then 23.00.
Not a call to buy or sell.
Pls dyodd.
Wednesday, August 28, 2019
Keppel DC reit
Chart wise,looks bullish!
It has an impressive running up from $1.34 to reach the high of $1.79 !
The current price of $1.79 is staying above its SMA lines looks positive and may likely continue to trend higher.
Nav $1.06.
Dividend of 7.3 cents, yield is 4.06%.
Short term wise,I think this bullish momentum may continue to push the price higher to test $1.80 then $1.85 with extension $1.90.
Not a call to buy or sell.
Pls Dyodd.
It has an impressive running up from $1.34 to reach the high of $1.79 !
The current price of $1.79 is staying above its SMA lines looks positive and may likely continue to trend higher.
Nav $1.06.
Dividend of 7.3 cents, yield is 4.06%.
Short term wise,I think this bullish momentum may continue to push the price higher to test $1.80 then $1.85 with extension $1.90.
Not a call to buy or sell.
Pls Dyodd.
Tuesday, August 27, 2019
Maple NAC Tr
Wah! Not bad! It is rising back to $1.31 level! If the momentum continue,we may see it moving up to retest $1.35 .
Short term wise, I think a nice breaking out of $1.31 level plus good volume that may drive the price higher to $1.35 then $1.40 with extension to $1.45 level.
Not a call to buy or sell.
Pls dyodd.
Short term wise, I think a nice breaking out of $1.31 level plus good volume that may drive the price higher to $1.35 then $1.40 with extension to $1.45 level.
Not a call to buy or sell.
Pls dyodd.
Monday, August 26, 2019
SINGTEL
Chart wise,looks super bearish!
The current price of $3.15 is staying below it's SMA lines + MacD is still trending download likely to see further weakness!
Short term wise,I think it may retest the pivot low of $3.12.Breaking down of this level may likely test $3.10 then $3.00 with extension to $2.90.
Not a call to buy or sell.
Pls dyodd.
The current price of $3.15 is staying below it's SMA lines + MacD is still trending download likely to see further weakness!
Short term wise,I think it may retest the pivot low of $3.12.Breaking down of this level may likely test $3.10 then $3.00 with extension to $2.90.
Not a call to buy or sell.
Pls dyodd.
Subscribe to:
Posts (Atom)