Tuesday, April 30, 2019

First Reit

TA wise, it looks pretty oversold and it is now looking good to kick-start of the Reversal play patterns!



My Trading plan:
EP 97.5.
TP 106 - 110.
SL 93.5.


Not a call to buy or sell.

Just sharing!

Pls dyodd.

Trade/invest base on your own decision.



Monday, April 29, 2019

SingTel

FY 2018 result will be out on 15 May 2019 before market commence!
Can expect final dividend of 10.7 cents .

Huat ah!

It has managed to bounce-off from 3.10 and surge higher to close well at 3.17, looks Bullish!


The current price of 3.17 is staying above it's 200 days Moving Average looks positive and may likely re-captured 3.20 and rally towards 3.28 level! Huat ah!

Pls dyodd.


Yesterday we have witnessed the wide Bullish bar that is engulfing the previous candlestick , looks positive!


Close 3 cents higher at 3.16 coupled with quite a high volume looks pretty healthy/positive.


I think it may likely move up to retest 3.20 level !

Pls dyodd.


23rd April 2019
SingTel it is looking good to re-conquer 3.20 again !


Breaking out of 3.20 smoothly + good volume that may drive the price higher to 3.28!


Pls dyodd.




18th April 2019
After hitting the high of 3.20, it is now taking a breather.
So far, the pull back is pretty healthy!




After this break, I think it is looking good to re-attempt 3.17 then 3.20 and surge higher towards 3.28 and above

Not a call to buy or sell.

Pls dyodd.



10th April 2019
Today SingTel powers up and manage to clear 3.11 level smoothly + high volume and close well at 3.17, looks super bullish!

Finally, the bull is back !

Looking good to retest 3.20 then 3.28 level .

Pls dyodd.

TA wise , looks Bullish!
SingTel is slowly edging higher and managed to hit 3.13 before profit taking place and close slightly lower at 3.11.






Looks healthy and it may likely move up to retest the next level that is 3.20


Breaking out of 3.20 with ease plus good volume that may drive the price higher to 3.28-3.30 level.

Not a call to buy or sell.

Pls dyodd.




Frasers HTrust

Wah! A Nice white soldier appear on the chart today,looks Bullish!

Close well at 76.5 cents looks like it may rise further to test 78 then 80 cents.

Result would be out tomorrow!




17th April 2019
I think most of the Reit counter has risen above their fair value!
$Frasers HTrust(ACV.SI)
Seem still Trading below it's fair value of about 80 -81 cents


Jeep some today at 74 cents from ML and CS.
Result should be out on 30 April ! DPU May be around 2.4-2.5 cents for 6 months period ! Yearly DPU of about 4.8-5.00 . I think is much better than $StarhillGbl Reit(P40U.SI) DPU 4.53 cents at 76.5 cents .

NAV 75.4 cents.
Gearing below 35%.
Yield 6.5 to 6.75%.

Not a call to buy or sell.


Pls Dyodd.

Sunday, April 28, 2019

DBS

1st quarter results is out!
  SINGAPORE, 29 April 2019 – DBS Group’s net profit for first quarter 2019 increased 9% to a record SGD 1.65 billion.


Total income grew 6% to a new high of SGD 3.55 billion. Healthy business momentum and a higher net interest margin more than offset the impact of a high base for wealth management, brokerage and investment banking fee income as well as a property gain a year ago. New non-performing asset formation remained low and total allowances halved. Return on equity rose to 14.0%, the highest in more than a decade.


Earnings up 25% from previous quarter

 Compared to the previous quarter, net profit was 25% higher, boosted by a recovery in wealth management and trading income. Overall business momentum was sustained. 

Net interest income rose 1% on a day-adjusted basis. Loans grew 1% as non-trade corporate loans increased 3% from working capital and deal-related borrowing led by Singapore and Hong Kong corporates.


Trade loans declined 4%. Net interest margin rose one basis point. Excluding Treasury Markets activities, net interest margin rose five basis points mainly from higher interest rates in Singapore as well as the repricing of housing loans.

Net fee income rose 15%. Wealth management fees increased 44% with a recovery in market sentiment from the previous quarter’s volatility. Loan-related fees were also higher.

Other non-interest income grew 83% as trading income doubled from a weak quarter. Expenses were stable and profit before allowances was 18% higher.


 Dividend payment frequency changed to four times a year  The Board decided that, from financial year 2019, dividends will be paid four times a year, instead of two times a year, to provide shareholders with more regular income streams.

Dividend to payout 30 cents per qtr.

Chart wise, looks like it may likely re-attempt 27.50. Crossing out smoothly that may drive the price higher to 28 then 28.50 with extension to 29.25.

Pls dyodd.


Saturday, April 27, 2019

Sheng Siong

1st quarter results is out , seems not bad! Gross revenue is up 10.1% to 251m versus 228m last year.


 Net profit is up merely 6% to 19.3m . Admin expenses has gone up quite a lot at 10.3% to 42m versus 38m last year,almost wipe out all the gross profit gain.

 EPS is 1.29 cents. Zero debts.


 Cash-on-hands of 86m. Net cash per share is about 5.5 cents (86/1503m shares).

 NAV is 20.6 cents. P/B 5.04x. Yearly dividend of 3.4 cents. Yield is 3.26%. I think current price of 1.04 is trading at full value. P/B is pretty high at 5.04x. I would patiently wait for price to sail back to 92-95 region ! At least , a minimum yield of 3.5% may provide some decent dividend yield. PE is 20.15x.


 Not a call to buy or sell.

 Pls dyodd.

Friday, April 26, 2019

APAC Realty

Chart wise, looks Bullish!
It has managed to bounce-off from the lower Trend line at 62 cents and close Higher at 63.5 cents looks rather positive!


Ex.Dividend on 2nd May 2019, pay date 15th May 2019. Fantastic! The payment date is just within 2 weeks. The power of cash cow.

2 more trading days to go before XD. I think a nice breaking out of 64.5 cents + good volume that may drive the price higher to retest 68 cents .


Not a call to buy or sell.

Pls dyodd.



6th April 2019
After hitting the high of 68 cents , it has retreated and went down to touch 57.5 cents which is pretty healthy!



It has managed to bounce off from the lower Trend line and rises up to hit 63.5 cents before profit settling in and went down to touch 59.5 cents to form the lower high.

Looks Bullish and it may well on the way to go up to test 65 cents.

Short term wise, it may likely move up to retest 65 cents. Breaking out of this level with good volume that may drive the price higher to 68 cents and above .
Yearly dividend of 4.5 cents .
Yield is 7.5%.

Not a call to buy or sell.

Pls dyodd.