Chart[70] - Golden Energy

The counter saw strong buying volume on last trading day. Price rebounded from one month downfall. 0.365 proved to be strong support. Shall buying interest continue, next resistance could be 0.42 followed by 0.475.

Dec[5] - Book Value Hunting

The following counters share similar characteristics: low debt or even net cash position yet share price under its net asset value (book value). Its business condition and outlook were shared below.

Dec[4] - Market Update

Singapore:  
STI has been edging downwards since last Monday, but managed to bounced up on last trading day. Coming to last month of 2017 with holiday seasons around the corner, it could be a quiet month ahead. Outperforming trade data from China and tightening labour market result from US boasted market confidence meanwhile. Last FOMC meeting from Yellen falls on next week. Latest decision on its monetary policy could be last decisive factor to market for the year. 3341 seems to be strong support for STI, while it is try to test resistance ~ 3450.

 
Market Calendar on coming week:  
(SG: Singapore; CH: China; US: USA). 

Chart[69] - ThaiBev

The counter has been riding on bullish trend since early October. It failed to break up from 0.98 twice. Recent retreat could be last entry chance for a triple top break up. Looking past two months, it has been forming higher low pattern, so could look forward more upside. Shall price break down from 0.94, uptrend could reverse.

Dec[3] - Laggards Play - Yield chart

Dec[2] - Laggards Play - Busines Operation

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.

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).