Capitaland

Capitaland after hitting the high of 3.15 on 28th April 2016 it had since drifted lower to touch 2.93 on 24th May 2016. This is rather bearish.

It is now in a consolidated /neutral position as indicated on the chart.

Macd is showing sign of a positive divergence which may provide further indication that the share price may perform a technical rebounce soon.

Also RSI is pointing upwards which may likely confirm that a technical rebounce is imminent.

If it is able to move up and cross over 3.03 with ease + high volume that may likely confirm this technical rebounce and a possibility of reversing this down trend .

Breaking out of 3.03 would be a good indication that the share price may likely to continue to trend higher towards 3.13 then 3.20 and above.
(trade base on your own decision)

Wilmar Intl

Wilmar Intl after hitting the high of 3.75 on 29th April 2016 it had since gone down to trend lower to touch 3.19 on 16th May 2016. This is rather bearish.

The current price of 3.27 is hovering below the SMA lines which is generally quite negative.

Also both Macd & Rsi are still pointing downwards which may be a tell tale sign that the share price may continue to trend lower.

Especially today gap up this morning at $3.34 but closed weaker at 3.27. This show that the share price is generally rather weak.

Short term wise it may go down to re-visit the recent low of 3.19. Breaking down of 3.19 may smell further selling down pressure.The next support level will be $3.00 then 2.90 with extension to 2.77 if 3.19 is being taken down.


(trade base on your own decision)

Noble Group

Noble Group - after hitting the high of 49.5 cents on 23rd March 2016 it had since drifted lower to touch 31 cents on 20th May 2016. This is rather bearish.

The current price of 31 cents is getting closer to the major support level at 27 cents. Also current price is trading at a substantial discount of more than 50 % against the NAV of $0.70.

Also Both Macd & Rsi are being driven into oversold territories. High chance that a technical rebound is imminent .

Short term wise it may slowly gain strength and move up to re-test 36 cents. Crossing over of 36 cents with good volume that may drive the share price higher towards 40 cents then 44 cents with extension to 49.5 cents.

In my opinion,good value has presented at the current price of 31 cents. Also I think the management is doing its best to steer the company out of this difficult time. More importantly, they are still in the Black./profitable.
(trade base on your own decision)


Net Asset Value of  about 70 cents per share.

Operating income from supply chains increased 80% from Q4 2015(1) , up US$111 million to US$250 million for Q1 2016, although this was down versus Q1 2015 as we prioritized liquidity ahead of the refinancing Net profit of US40m.

CEO Yusuf Alireza commented “The first quarter of 2016 has been about establishing a solid foundation for our operations going forward. We are pleased to announce the successful raising of the Revolving Credit Facility and the US Borrowing Base Facility, at approximately US$3.0 billion in total. These facilities address substantially all of our remaining 2016 debt maturities. In addition, our focus on improving commercial opportunities in early 2016, despite capital constraints on our businesses, has already generated positive results with all major segments making a positive contribution to operating profit from supply chains in Q1 2016.

” Mr. Alireza also added that “We are looking to 2016 as a year for rebuilding and repositioning and are now focused on generating sustained profitability across the portfolio against the background of the lower cost base that we have put in place - while continuing our initiatives to free up working capital, reduce debt and enhance our capital base.”

http://infopub.sgx.com/FileOpen/Q1%202016%20Media%20Release.ashx?App=Announcement&FileID=404300

Sembcorp Ind

Sembcorp Ind after touching the low of 2.60 on 16th May 2016 it had managed to stage a strong recovery /reversal and head higher to touch 2.81 on 20th May 2016. This is quite positive.

Also both MACD & RSI are showing a positive divergence which may be an indication that the share price may continue to head higher.

Short term wise it may move up to re-visit 2.90. Breaking out of 2.90 with good volume that may propel to drive the share price higher towards 3.00 then 3.10.
(trade base on your own decision)

Super Group

Super Group after hitting the high of 1.105 on 18th Mar 2016 it had since continued to trend lower to touch 85 cents on 19th May 2016. This is rather bearish.

The current price of 85.5 cents is staying below the SMA lines which is generally quite negative.
Also SMA linces has started to turn downwards which is a sign of further weakness.

Both Macd & Rsi are also pointing downwards which may be a tell tale sign that the share price may continue to trend lower.

Short term wise it may go down to re-visit 81 cents then 80 cents. Breaking down of 80 cents may see it goes further down towards 72 cents.

Current price of 85.5 cents is about PE 20 times ( EPS about 4.24 cents) which is still quite a high
price. Think at PE 18 times which is about 76 cents looks quite a reasonable price to consider for accumulating.

 (trade base on your own decision)

YZJ Shipping

YZJ Shipping after hitting the high of 1.04 on 15th April 2016 it had since continued to trend lower to touch 89 cents on 19th May 2016. This is rather bearish.

The current price is hovering below the SMA lines which is generally rather negative.

Also both Macd & Rsi are still pointing downwards which may be a tell tale sign that the share price may continue to trend lower.

Short term wise it may continue to trend lower to re-visit 86.5 cents . Breaking down of 86.5 cents may see it goes further down to 80 cents then 77 cents.

(trade base on your own decision)