Keppel Corp - 29th Feb 2016
KepCorp seems to be forming a hammer pattern candle stick on the chart today. The closing price of $5.18 is hovering slightly above the 20SMA which is generally rather positive.
After a good run from the low of $4.64 on 18th Jan 2016 and a high of $5.37 on 18th Feb 2016 it has since managed to take a pause and is slowly gaining strength to move up to re-visit $5.37.
Both MACD & RSI are still trending upwards which may provide further
indication that the share price may continue to head higher.
Breaking out of $5.37 with good volume that may propel to drive the share price higher towards $5.50 then $5.80 with extension to $6.15 & above.
The current oil price is staying above US$30 per barrel and most of the analyst has predicted that oil price has more or less hit the bottom and is slowly edging up.
With oil price going higher this will be indirectly benefit KepCorp which is serving the Oil & Gas Marine sector /Ship Building. This could help to bring the share price back to above $6.
(trade base on your own decision)
Monday, February 29, 2016
Saturday, February 27, 2016
Suntec Reit
Suntec Reit - 28th Feb 2016
Suntec Reit had manged to bounce off from the low of $1.50 on 3rd Feb 2016 and continue to head higher to touch $1.68 on 19th Feb 2016. This is generally rather bullish.
The current price of $1.66 is hovering above both 14SMA & 25SMA lines which is rather positive.
Also both MACD & RSI are still pointing upwards which may be a tell tale sign that the share price may continue to head higher.
A breaking out of $1.68 with good volume that may propel to drive the share price higher towards $1.71 with extension to $1.83.
(trade base on your own decision)
Suntec Reit had manged to bounce off from the low of $1.50 on 3rd Feb 2016 and continue to head higher to touch $1.68 on 19th Feb 2016. This is generally rather bullish.
The current price of $1.66 is hovering above both 14SMA & 25SMA lines which is rather positive.
Also both MACD & RSI are still pointing upwards which may be a tell tale sign that the share price may continue to head higher.
A breaking out of $1.68 with good volume that may propel to drive the share price higher towards $1.71 with extension to $1.83.
(trade base on your own decision)
Friday, February 26, 2016
Raffles Medical
Raffles Medical - 26th Feb 2016
Raffles Medical had managed to bounce off from the low of $3.88 on 18th Jan 2016 and head higher to touch $4.40 on 24th Feb 2016. This is generally rather bullish.
The current price of $4.36 is hovering above both 14SMA & 25SMA lines which is generally rather healthy.
Also both MACD & RSI are still pointing upwards which may provide further indication that the share price may continue to head higher .
Breaking out of recent high of $4.40 with good volume that will be rather positive to drive the share price higher towards $4.74 with extension to $4.95.
(trade base on your own decision)
Raffles Medical had managed to bounce off from the low of $3.88 on 18th Jan 2016 and head higher to touch $4.40 on 24th Feb 2016. This is generally rather bullish.
The current price of $4.36 is hovering above both 14SMA & 25SMA lines which is generally rather healthy.
Also both MACD & RSI are still pointing upwards which may provide further indication that the share price may continue to head higher .
Breaking out of recent high of $4.40 with good volume that will be rather positive to drive the share price higher towards $4.74 with extension to $4.95.
(trade base on your own decision)
Sino Grandness
Sino Grandness - 26th Feb 2016
Sino Grandness had a nice run up after hitting the low of 29 cents and managed to trend higher to touch 46 cents on 23rd Feb 2016. This is generally rather bullish.
The current price of 43.5 cents is staying way above both 14SMA & 25SMA lines which is generally positive.
Also both MACD & RSI are still trending higher that may provide further catalyst that the share price may continue to head higher.
Breaking out of 46 cents with good volume that may propel to drive the share price higher towards 50 cents then 55 cents with extension to 65 cents.
(trade base on your own decision)
Sino Grandness had a nice run up after hitting the low of 29 cents and managed to trend higher to touch 46 cents on 23rd Feb 2016. This is generally rather bullish.
The current price of 43.5 cents is staying way above both 14SMA & 25SMA lines which is generally positive.
Also both MACD & RSI are still trending higher that may provide further catalyst that the share price may continue to head higher.
Breaking out of 46 cents with good volume that may propel to drive the share price higher towards 50 cents then 55 cents with extension to 65 cents.
(trade base on your own decision)
Thursday, February 25, 2016
SingPost
SingPost - 25th Feb 2016
SingPost seems to have managed to bounced off from the low of $1.285 and continued to head hihger to touch $1.47 on 25th Feb 2016. This is generally rather positive.
The current price of $1.46 is staying above both 14SMA & 25SMA lines which is rather bullish.
MACD are still trending upwards which may provide further catalyst to drive the share price higher.
Although RSI indicator has been showing sign of a overbought situation.
SingPost seems to have held up well especially during this market selling down.
Short term wise it may continue to head higher towards $1.50. Breaking out of $1.50 may see it rises towards $1.60.
It will be good to lock in your profit since it has already entered into overbought territories.
(trade base on your own decision)
SingPost seems to have managed to bounced off from the low of $1.285 and continued to head hihger to touch $1.47 on 25th Feb 2016. This is generally rather positive.
The current price of $1.46 is staying above both 14SMA & 25SMA lines which is rather bullish.
MACD are still trending upwards which may provide further catalyst to drive the share price higher.
Although RSI indicator has been showing sign of a overbought situation.
SingPost seems to have held up well especially during this market selling down.
Short term wise it may continue to head higher towards $1.50. Breaking out of $1.50 may see it rises towards $1.60.
It will be good to lock in your profit since it has already entered into overbought territories.
(trade base on your own decision)
Wednesday, February 24, 2016
Super Group
Super Group - 1st March 2016
Super Group had a very impressive run after result was announced on 23rd 2016. It has managed to spring up very fast from the low of 73.5 cents to the high of 94.5 cents on 1st Mar 2016. All these is happing within a span of 5 trading days. It will definitely need to pause/retreat lower before gaining strength to set the next direction. If not, most likely it will not be able to move up too much from the current price of 94.5 cents. The immediate resistance is at 96 cents.
It will be good to lock in your profit.
Super Group - 24th Feb 2016
Super Group just announced his FY2015 result yesterday.
The result is quite inline with almost the same profit achieved last year - 2014.
Performance Summary for 4Q15 Robust income-generating capability
Operating profit up 3% to S$21.2m despite lower sales revenue - Gross profit margin improved by 4 ppt to 39% - Reflects Group’s strong income-generating capability.
Net profit (after tax and minority interests) stood at S$15.7m (4Q14:S$25.9m)
- Non-recurring gain of S$6.5m on disposal of a property in 4Q14
- Non-recurring gain of S$0.5m on liquidation of a joint-venture in 4Q14
- Higher effective tax rate (4Q15:25%, 4Q14:10%)
Strong financial position - NAV per share at 46.80 SG cents – an increase of 5% - Cash flows from operating activities up 35% to S$34.4m - Cash and cash equivalents of S$123.9m
Consistent dividend payout ratio - Paying out ≥50% of net profit as dividends on an annual basis since 2010
The result was a strong mandate judging from the up surge of price from 73.5 cents to close at 79.5 cents . Up 6 cents (8.16%). This is being viewed as a fantastic performance.
As indicated from the chart. It has a nice breakout at 77 cents and closed high at 79.5 cents with super high volume. This is generally rather bullish.
Also both MACD & RSI are still trending upwards which may provide further indication that the share price may continue to head higher.
Short term wise it may continue to head higher to re-visit 87 cents with extension to 95 cents.
(trade base on your own decision)
Super Group had a very impressive run after result was announced on 23rd 2016. It has managed to spring up very fast from the low of 73.5 cents to the high of 94.5 cents on 1st Mar 2016. All these is happing within a span of 5 trading days. It will definitely need to pause/retreat lower before gaining strength to set the next direction. If not, most likely it will not be able to move up too much from the current price of 94.5 cents. The immediate resistance is at 96 cents.
It will be good to lock in your profit.
Super Group - 24th Feb 2016
Super Group just announced his FY2015 result yesterday.
The result is quite inline with almost the same profit achieved last year - 2014.
Performance Summary for 4Q15 Robust income-generating capability
Operating profit up 3% to S$21.2m despite lower sales revenue - Gross profit margin improved by 4 ppt to 39% - Reflects Group’s strong income-generating capability.
Net profit (after tax and minority interests) stood at S$15.7m (4Q14:S$25.9m)
- Non-recurring gain of S$6.5m on disposal of a property in 4Q14
- Non-recurring gain of S$0.5m on liquidation of a joint-venture in 4Q14
- Higher effective tax rate (4Q15:25%, 4Q14:10%)
Strong financial position - NAV per share at 46.80 SG cents – an increase of 5% - Cash flows from operating activities up 35% to S$34.4m - Cash and cash equivalents of S$123.9m
Consistent dividend payout ratio - Paying out ≥50% of net profit as dividends on an annual basis since 2010
The result was a strong mandate judging from the up surge of price from 73.5 cents to close at 79.5 cents . Up 6 cents (8.16%). This is being viewed as a fantastic performance.
Also both MACD & RSI are still trending upwards which may provide further indication that the share price may continue to head higher.
Short term wise it may continue to head higher to re-visit 87 cents with extension to 95 cents.
(trade base on your own decision)
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