The counter has been discussed on Chart[48]. First wave has been
completed with high buying volume. Price slowly retreated with small
volume. Immediate support is ~ 0.3, while strong resistance 0.4. Looking
backward for the strong surge in buying volume, trader could position
for potential buying interest in next.
Friday, June 30, 2017
Jul[2] - China Market Proxies
Following companies are exposing to various business sector mainly in
China. Some have expanded to overseas as well. Earning is stable and
growth plan is in sight.
EPS: Earning per Share
Gearing: Debt to Net Asset
Book Value: Net Asset Value
1Q2017: First quarter of FY2017
EPS: Earning per Share
Gearing: Debt to Net Asset
Book Value: Net Asset Value
1Q2017: First quarter of FY2017
Jul[1] - Market Updates
US:
NASDAQ sell down persisted for last week. Weakening among tech stocks pulled down DOW Jones and S&P500. A longer correction phase might present hunting window, considering market bullishness since early of the year. Next week market shall get more hint from US FOMC meeting minutes. Timeline of tightening monetary policy shall be the concern.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
NASDAQ sell down persisted for last week. Weakening among tech stocks pulled down DOW Jones and S&P500. A longer correction phase might present hunting window, considering market bullishness since early of the year. Next week market shall get more hint from US FOMC meeting minutes. Timeline of tightening monetary policy shall be the concern.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
Friday, June 23, 2017
Chart[51] - HPH USD
The counter saw strong buying volume on early June. Price ran from
0.41 to 0.45. Failing to break through further, it has been retreating
to origin 0.41. Considering range bouncing characteristics of Trust
counters as well as recent bullishness among REITs, the counter could
have formed new channel of movement between 0.41 to 0.45, which
translates to 10% range. Trader could trade in the range while waiting
next surge in buying volume.
Jun[8] - Oil & Gas Sector Review
The following counters have major business exposure to Oil & Gas
sector. Their stock prices have been suffering setback amid renew
plummet of oil price. However, they deserve a place in watchlist.
Potential price catalyst includes privatization, merger &
acquisition, improvement in earning, etc. All of them are trading under
book value.
EPS: Earning per Share
Gearing: Debt to Net Asset
P/B: Price to Book
1Q2017: First quarter of FY2017
EPS: Earning per Share
Gearing: Debt to Net Asset
P/B: Price to Book
1Q2017: First quarter of FY2017
Jun[7] - Market Updates
Singapore:
STI has been moving side way since May. Support 3191 looks intact. Immediate resistance ~ 3275 might not be broken soon. Focus of second half 2017 shall be on utilities counter which operates in defensive sector and gives consistent dividend payout. Net cash position would be preferred.
Market Calendar on coming week:
Next week, important data includes the final GDP growth, personal income and spending and the consumer confidence for the US (29 June); China official manufacturing and non-manufacturing PMIs (30 June); Japan inflation and unemployment; business confidence and inflation for Germany, Italy and the Euro Area and the final GDP growth estimate for the UK.
Singapore is going to release bank lending (30 June).
STI has been moving side way since May. Support 3191 looks intact. Immediate resistance ~ 3275 might not be broken soon. Focus of second half 2017 shall be on utilities counter which operates in defensive sector and gives consistent dividend payout. Net cash position would be preferred.
Market Calendar on coming week:
Next week, important data includes the final GDP growth, personal income and spending and the consumer confidence for the US (29 June); China official manufacturing and non-manufacturing PMIs (30 June); Japan inflation and unemployment; business confidence and inflation for Germany, Italy and the Euro Area and the final GDP growth estimate for the UK.
Singapore is going to release bank lending (30 June).
Friday, June 16, 2017
Chart[50] - Singpost
The counter paused from recent downfall. It has slowly climbed up to
1.285. Last trading day saw significant buying volume on last 5 min.
Shall buying interest continue, it shall break immediate resistance
1.29. Next one shall be 1.34. There is a gap between 1.34 and 1.39. The
trading gap shall be filled up, just in matter of time.
Jun[6] - Tech Sector Review
The following counters were shortlisted among Technology sector
because of net cash position and consistent dividend payout in the past.
As current price is near or even deep into book value, it could be
potential target of privatization.
EPS: Earning per Share
Gearing: Debt to Net Asset
P/B: Price to Book
Div: Dividend
9M17: 9 months of FY2017
1H17: First half of FY2017
EPS: Earning per Share
Gearing: Debt to Net Asset
P/B: Price to Book
Div: Dividend
9M17: 9 months of FY2017
1H17: First half of FY2017
Jun[5] - Market Updates
US:
NASDAQ has been weakening since week before. Price moved below moving average of 10 days for last whole week. Recent correction phase affected trading sentiment among local listed technology related stocks as well.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
NASDAQ has been weakening since week before. Price moved below moving average of 10 days for last whole week. Recent correction phase affected trading sentiment among local listed technology related stocks as well.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
Saturday, June 10, 2017
Chart[49] - Talkmed
The counter has been falling in price since it paid out dividend and
also 1 to 1 bonus. The downward trend might have changed since buyer
interest rose last week. Significant volume pushed it through 0.78 which
formed immediate support. Shall buying interest continue, it would test
next resistance 0.84. Current trend suggests consolidation in progress.
Friday, June 9, 2017
Jun[4] - REIT Factsheet
NPI: Net Properties Income
yoy: Year on Year comparison
DPU: Distribution Income Per Unit
Aggregate Leverage: Debt Ratio
Interest Coverage: Ratio between interest incurred from loan and earning
Dividend Yield: Dividend paid per share divided by share price
Counters with low debt and high yield are highlighted in yellow.
yoy: Year on Year comparison
DPU: Distribution Income Per Unit
Aggregate Leverage: Debt Ratio
Interest Coverage: Ratio between interest incurred from loan and earning
Dividend Yield: Dividend paid per share divided by share price
Counters with low debt and high yield are highlighted in yellow.
Jun[3] - Market Updates
Crude Oil:
Oil price has been moving within downward channel as below. Last trading day saw it hanging around immediate support ~ 45.8. Baker Hughes result revealed rising active rig counts more than 20 weeks in a row.
Trade on rebounding Oil: Oil ETF (ticker: DBO)
Trade on falling Oil: Inverse Oil ETF (ticker: SCO)
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
Oil price has been moving within downward channel as below. Last trading day saw it hanging around immediate support ~ 45.8. Baker Hughes result revealed rising active rig counts more than 20 weeks in a row.
Trade on rebounding Oil: Oil ETF (ticker: DBO)
Trade on falling Oil: Inverse Oil ETF (ticker: SCO)
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
Sunday, June 4, 2017
Chart[48] - Hanwell
The
counter rebounded from support 0.275 with strong volume on last trading
day. Shall buying interest continue, its could head to to resistance ~
0.33, follow by 0.36.
Saturday, June 3, 2017
Jun[2] - Yield Hunting (STI Constituents)
Following counters were shortlisted among STI constituents
because of their strong cash or cashflow position as well as high
dividend yield > 4%.
ComfortDelgro: Over past three years, the public transport operator saw its price peak ~ 3.2, and bottom ~ 2.36. Operating in utility sector, it's dividend growth rate is attractively > 8% annually. Current trading price translates to dividend yield ~ 4.3%. Major downside risk came from Taxi segment which is facing stiff competition from Uber and Grab. However second half of 2017 could see more contribution from rail segment since Downtown line stage III shall commence on 2017Q4. Another price catalyst is potential fare price review by Public Transport Council.
http://www.straitstimes.com/singapore/transport/public-transport-council-starts-review-of-fare-formula-ptc-chairman-says-service
SingTel: The leading domestic Telco has been consistently trading between 3.4 to 4.5 over past 5 years. Recent downfall was due to stiffer competition from both local and overseas market. The company has been raising stakes on overseas business, so as to ease up margin pressures from SG market. Market watcher Gartner expected that worldwide expenditure on information security is expected to grow 7.6% yoy to USD90b in 2017 and reach USD113b by 2020. Singtel has been position to benefit from the trend through its exposure from business entities: Trustwave, Amobee and DataSpark. Upcoming >$2b worth of IPO of Netlink could bring special dividend to shareholders. Current shares price translates to dividend yield > 4.4%, excluding potential special dividend.
http://www.businesstimes.com.sg/companies-markets/singtel-gets-nod-from-sgx-for-netlink-trust-listing
ST Engineering: The local defense and engineering group saw its shares price surging in beginning of 2017. Price has been range bouncing between 3.62 to 3.85, which translates to dividend yield ~ 4%. Project order book on latest quarter reached 13b, which is around record high level. The majority sales to US originated from US-based facilities, so it shall be benefited from Trump's proposed tax cut as well as potential higher military defense budget.
ComfortDelgro: Over past three years, the public transport operator saw its price peak ~ 3.2, and bottom ~ 2.36. Operating in utility sector, it's dividend growth rate is attractively > 8% annually. Current trading price translates to dividend yield ~ 4.3%. Major downside risk came from Taxi segment which is facing stiff competition from Uber and Grab. However second half of 2017 could see more contribution from rail segment since Downtown line stage III shall commence on 2017Q4. Another price catalyst is potential fare price review by Public Transport Council.
http://www.straitstimes.com/singapore/transport/public-transport-council-starts-review-of-fare-formula-ptc-chairman-says-service
SingTel: The leading domestic Telco has been consistently trading between 3.4 to 4.5 over past 5 years. Recent downfall was due to stiffer competition from both local and overseas market. The company has been raising stakes on overseas business, so as to ease up margin pressures from SG market. Market watcher Gartner expected that worldwide expenditure on information security is expected to grow 7.6% yoy to USD90b in 2017 and reach USD113b by 2020. Singtel has been position to benefit from the trend through its exposure from business entities: Trustwave, Amobee and DataSpark. Upcoming >$2b worth of IPO of Netlink could bring special dividend to shareholders. Current shares price translates to dividend yield > 4.4%, excluding potential special dividend.
http://www.businesstimes.com.sg/companies-markets/singtel-gets-nod-from-sgx-for-netlink-trust-listing
ST Engineering: The local defense and engineering group saw its shares price surging in beginning of 2017. Price has been range bouncing between 3.62 to 3.85, which translates to dividend yield ~ 4%. Project order book on latest quarter reached 13b, which is around record high level. The majority sales to US originated from US-based facilities, so it shall be benefited from Trump's proposed tax cut as well as potential higher military defense budget.
Jun[1] - Market Updates
US:
S&P500 has hit all time high. Bearish traders could use inverse ETF (SDS, listed on NYSE) to position for potential correction. On Coming week, we have UK General Election (8 June) and and ECB Monetary policy decision.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
S&P500 has hit all time high. Bearish traders could use inverse ETF (SDS, listed on NYSE) to position for potential correction. On Coming week, we have UK General Election (8 June) and and ECB Monetary policy decision.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
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