OCBC Bank

Chart wise,looks bearish!
Likely to go down to retest 10.72 which was the recent low.

Short term wise,It is rather weak and a breaking down of $10.72 may likely see it goes further down to revisit $10.50 level agAin follow by 10.00 level.

Not a call to buy or sell.
Pls dyodd.

Lendlease GC reit

LendleaseGC Reit(JYEU)

• To distribute 100.0% of Lendlease Global REIT’s
adjusted net cash flow from operations for the period
from the Listing Date to the end of Projection Year 2021,
and at least 90.0% of its adjusted net cash flow from
operations thereafter on a semi-annual basis


• The first distribution, which will be in respect of the
period from the Listing Date to 31 December 2019, will
be paid by the Manager on or before 31 March 2020

• Distributions to be declared in Singapore dollars

Application start from 25th September 9pm .
Closing on 30th September noon time


Start trading on 2nd October.

IPO price of S$0.88 per share.

Lendlease Global REIT is a Singapore real estate investment trust (“REIT”), established with the principal investment strategy of investing, directly or
indirectly, in a diversified portfolio of stabilised income-producing real estate
assets located globally, which are used primarily for retail and/or office

purposes, as well as real estate-related assets in connection with the foregoing.

Lendlease Global REIT will comprise a leasehold interest in one retail
property located in Singapore and a freehold office property located in

Milan, Italy with an appraised value of approximately S$1,405.3 million as
at 31 July 2019 based on the aggregate of the higher of the two independent
valuations for each Property conducted by independent valuers in respect of
each Property.

Straits Trading

Today it has managed to take control of the selling down pressure and close 1 cents higher at 2.09, looks rather positive!

I like what I see on the chart and we may likely see a rise to retest 2.15 level.

Short term wise, I think a breaking out of 2.15 with good volume that may drive the price higher towards 2.20 then 2.25.


NAV 3.66.
P/B 0.57.
Dividend of 6 cents ,yield 2.85%.
PE of 12x.

Not a call to buy or sell.
Pls dyodd.

ST Engineering

Chart wise,looks bearish!
After touching the high of $4.30 it has since corrected sharply and continue to slide further to hit 3.87 todAy, looks rather negative!

Short term wise,I think it may likely revisit the recent low of $3.84. Breaking down with high volume that may see further selling down pressure towards $3.80 then $3.70 level.

Not a call to buy or sell.
Pls dyodd.

StarhillGbl Reit

StarhillGbl Reit(P40U.SI)

Chart wise, looks bearish!
Likely to go down to retest 74 cents again!

Short term wise, I think breaking down of 74 cents with high volume that may see the price sliding further down to 72 cents then 70 with extension to 68 cents.

Not a call to buy or sell.

Pls dyodd.

DBS

Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.

Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.


With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!

Not a call to buy or sell.

Pls dyodd.