The following counters were shortlisted from STI constituents.
Different from other constituents, their price movement have been
deviating from recent STI rally. Thus they could be taking driver seats
shall STI rally to continue, or enter correction phase. SingTel and
Wilmar belongs to retail and consumption sector. SIA Eng and ST Eng
offers attractive dividend yield. Sembco Ind could be a laggard
performer among oil price recovery. It's trading under heavily discount
from book value.
Friday, December 1, 2017
Dec[2] - Laggards Play - Busines Operation
Dec[1] - Market Updates
Singapore:
STI's 10 years peak ~ 3550 is not longer far away based on recent bull charging. Looking backwards, such rally didn't go through much consolidation. The vulnerability to market uncertainty could be rising. Investor shall begin deleveraging (taking profit) from portfolio in such euphoria condition.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
STI's 10 years peak ~ 3550 is not longer far away based on recent bull charging. Looking backwards, such rally didn't go through much consolidation. The vulnerability to market uncertainty could be rising. Investor shall begin deleveraging (taking profit) from portfolio in such euphoria condition.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
Saturday, November 18, 2017
Chart[68] - Wheelock
The counter formed triple top break up on early October. ~ 1.91
formed new support for the trend. Recent downfall was not in high
volume, so it could be short term correction. Since price has been
hovering around support, entry opportunity could be now.
Friday, November 17, 2017
Nov[9] - Financial Highlights - 1
The following counters released respective latest financial results last week. A summary is provided.
800 Super, Bumitama, ComfortDelgro, CNMC Goldmine, Declout, Frasers Centrepoint, Golden Agri, Golden Energy, Hatten Land, Health Management International (HMI), ISDN, ISOTeam, Mermaids Maritime, Moya Asia.
800 Super, Bumitama, ComfortDelgro, CNMC Goldmine, Declout, Frasers Centrepoint, Golden Agri, Golden Energy, Hatten Land, Health Management International (HMI), ISDN, ISOTeam, Mermaids Maritime, Moya Asia.
Nov[8] - Financial Highlights - 2
The following counters released respective latest financial results last week. A summary is provided.
Nam Cheong, Oceanus, Powermatic, QAF, Silverlake Axis, Singpost, Spackman, Straco, Uni-Asia, United Engineer, Wilmar, Ying Li, Yongnam, Asian Pay TV Trust (APTT)
Nam Cheong, Oceanus, Powermatic, QAF, Silverlake Axis, Singpost, Spackman, Straco, Uni-Asia, United Engineer, Wilmar, Ying Li, Yongnam, Asian Pay TV Trust (APTT)
Nov[7] - Market Updates
Crude Oil:
Oil price has been running up and more volatile ahead of meeting between OPEC and non OPEC on 30 Nov. Positive factors are rising tension in middle east, potential extension of production cut in OPEC, but upside might be capped by rising oil output from US. Current price broke up from 53, but might face resistance around 58 to 62. Volatility ahead might present trading opportunity.
Trade on bullish Oil: Oil ETF (ticker: DBO)
Trade on bearish 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 running up and more volatile ahead of meeting between OPEC and non OPEC on 30 Nov. Positive factors are rising tension in middle east, potential extension of production cut in OPEC, but upside might be capped by rising oil output from US. Current price broke up from 53, but might face resistance around 58 to 62. Volatility ahead might present trading opportunity.
Trade on bullish Oil: Oil ETF (ticker: DBO)
Trade on bearish Oil: Inverse Oil ETF (ticker: SCO)
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
Friday, November 10, 2017
Chart[67] - M1
The counter has been bouncing between 1.77 to 1.84 for past three
months. Market might have absorbed most negative prospective factors for
the telco counter. Looking into bullish break up from its peer,
Starhub, similar break up might happen on M1 as well. Last Thursday saw
relatively strong buying volume. Similar spike up happened before as
well. Shall price break up from 1.84 with decisive volume, it could head
towards 1.9. There is a trading gap from 1.96 to 2.04, which might be
your most ambitious target.
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