Chart[21] - Counters hitting Support

DBS will announce latest result on tomorrow (8 Aug). Following its involvement in Swiber saga, the result could draw more attention from market. It would be interesting to see whether support 14.6 can persist. The counter shall issue dividend at same time as well

OCBC price falling upon dividend expiry date unsurprisingly. Current price is hovering above support, 8.25, which is slightly above its book value, 8.19. It also represent dividend yield ~ 4.3

Recent downfall of crude oil induced selling pressure on Keppel Co. Price might have found support between 5 to 5.2, shall oil price stabilize. It ever fall to 4.8 when oil plunged to USD26





Singpost latest results saw rising operational expense as well as financial cost during its transition period towards regional eCommerce player. Recent downfall paused at support, 1.42. Market could be waiting for more details about its joint venture plan with Alibaba and dividend policy in future.