DBSV
Olam - tgt $3.05
UOBKH
Kris Energy - tgt $1.18
Suntec Reit - 9% upside
Silverlake Axis - 12%
Global Invacom Group - 14.8%
This is a blog on the Singapore Stock Market with reports from the broking houses and some commentaries by me. Readers are advised to take the reports with an open mind and to make their own analysis as the market is dynamic and things change very rapidly. Follow the reports and recommendations at your own risk.
Sunday, August 31, 2014
Friday, August 29, 2014
Daily Summary 29 Aug 14
Europe and Dow were down last night.
Dow -42 at 17080. Dow's trend is still up. Dow's future
is now +38. Europe opened up.
Asian bourses were mixed and relatively flat. Nikkei -35, ShanghaiC +21, Hangseng +1. STI closed -3 at 3328. Volume was 1.9b shares. Gainers were 200 to 222 losers.
Short term trend of STI is flattening.
Top volumes were APAC unchanged, SingaporeeDev -0.1, OLS +0.5, STATS +9, ThaiBev +2.5, Sincap +0.3, NextGenSat unchanged, IHC unchanged, MirachEnergy +0.2, Charisma -0.1.
Market opened slightly and traded in a small range throughout the session. It was slightly positive in late afternoon but still closed -3. Volume improved slightly. Blue chips were mixed. Penny and speculatives were also mixed.
Europe and Dow are looking firm at the moment.
Asian bourses were mixed and relatively flat. Nikkei -35, ShanghaiC +21, Hangseng +1. STI closed -3 at 3328. Volume was 1.9b shares. Gainers were 200 to 222 losers.
Short term trend of STI is flattening.
Top volumes were APAC unchanged, SingaporeeDev -0.1, OLS +0.5, STATS +9, ThaiBev +2.5, Sincap +0.3, NextGenSat unchanged, IHC unchanged, MirachEnergy +0.2, Charisma -0.1.
Market opened slightly and traded in a small range throughout the session. It was slightly positive in late afternoon but still closed -3. Volume improved slightly. Blue chips were mixed. Penny and speculatives were also mixed.
Europe and Dow are looking firm at the moment.
Thursday, August 28, 2014
Stock Picks 29 Aug 14
DBSV
Croesus Retail Trust - tgt $1.10
Soilbuild REIT - tgt 89c
UOBKH
ISOTeam - tgt 57c
Wing Tai Holding - tgt $2.50
Civmec - 14.8% upside
Far East Hospitality Trust - 7.1% upside
KS Energy - 24.5% upside
Mapletree Greater China Commercial Trust - 7.0% upside
OCBC
ECS - tgt 68c
Croesus Retail Trust - tgt $1.10
Soilbuild REIT - tgt 89c
UOBKH
ISOTeam - tgt 57c
Wing Tai Holding - tgt $2.50
Civmec - 14.8% upside
Far East Hospitality Trust - 7.1% upside
KS Energy - 24.5% upside
Mapletree Greater China Commercial Trust - 7.0% upside
OCBC
ECS - tgt 68c
Daily Summary 28 Aug 14
Europe were flat last night. Dow
+15 at 17122. Dow's trend is up. Dow's future is now -20. Europe
were down on opening.
Asian bourses were mostly down. Nikkei -75, ShanghaiC -13, Hangseng -178. STI closed -3 at 3339. Volume was 1.6b shares. Gainers were 187 to 232 losers.
Short term trend of STI is still up.
Top gainers were GSH +0.2, Weiye +0.2, ThaiBev +1.5, APAC unchanged, IC -0.5, MetalComponent +0.1, Mirach unchanged, Global Logistic -3, Blumont unchanged.
STI opened up and was firm in the morning. It started to swing down in mid after when Europe opened down. STI closed at its low with some last minute matching. Volume remained low. Blue chips turned weaker with profit takings on banks. Penny and speculatives were mixed.
Europe and Dow are looking weak for tonight.
Asian bourses were mostly down. Nikkei -75, ShanghaiC -13, Hangseng -178. STI closed -3 at 3339. Volume was 1.6b shares. Gainers were 187 to 232 losers.
Short term trend of STI is still up.
Top gainers were GSH +0.2, Weiye +0.2, ThaiBev +1.5, APAC unchanged, IC -0.5, MetalComponent +0.1, Mirach unchanged, Global Logistic -3, Blumont unchanged.
STI opened up and was firm in the morning. It started to swing down in mid after when Europe opened down. STI closed at its low with some last minute matching. Volume remained low. Blue chips turned weaker with profit takings on banks. Penny and speculatives were mixed.
Europe and Dow are looking weak for tonight.
Wednesday, August 27, 2014
Daily Summary 27 Aug 14
Europe and Dow were up last night. Dow
closed +30 at 17107. Dow's short term trend is reversing up again.
Dow's future is now +14. Europe opened slightly down.
Asian bourses were mostly up. Nikkei +14, ShanghaiC +2, Hangseng -156. STI closed +18 at 3341. Volume was 1.8b shares. Gainers were 236 to 198 losers.
Short term trend of STI is turning up again.
Top volumes were Jaya +0.1, JES +0.2, IHC +1, APAC +0.1, Weiye +0.3, STATS +5.5, Envictus +2, Genting +3.5, Digiland unchanged, Mirach -0.2.
Market opened up and continue to gain strength through the session. It closed near to day high. Volume has increased slightly but still below 2b shares. Blue chips were mostly up. Penny and speculatives were generally firmer.
Europe are slightly down at the moment while Dow's future is slightly up.
Asian bourses were mostly up. Nikkei +14, ShanghaiC +2, Hangseng -156. STI closed +18 at 3341. Volume was 1.8b shares. Gainers were 236 to 198 losers.
Short term trend of STI is turning up again.
Top volumes were Jaya +0.1, JES +0.2, IHC +1, APAC +0.1, Weiye +0.3, STATS +5.5, Envictus +2, Genting +3.5, Digiland unchanged, Mirach -0.2.
Market opened up and continue to gain strength through the session. It closed near to day high. Volume has increased slightly but still below 2b shares. Blue chips were mostly up. Penny and speculatives were generally firmer.
Europe are slightly down at the moment while Dow's future is slightly up.
Tuesday, August 26, 2014
Daily Summary 26 Aug 14
Dow and Europe were up last night. Dow
closed +76 at 17077. Short term trend of Dow is up and is looking
like pushing for a new high. Dow's future is now +9. Europe opened
slightly negative.
Asian bourses were mixed with more downs. Nikkei -92, ShanghaiC -22, Hangseng -92. STI closed -6 at 3325. Volume was 1.6b shares. Gainers were 175 to 248 losers.
Short term trend of STI is turning down.
Top volumes were Sincap + 1.8, IHC -1, Artivision -0.3, Oceanus -0.1, SkyOne +0.8, JasperInv +0.3, JES +0.2, Blumont -0.3, APAC unchanged, Genting -2.5.
Market opened down but recovered to stay positive in late morning. It dropped back to negative after lunch and stayed negative the whole afternoon. Volume was a miserable 1.6b shares, more like a dead market. Blue chips were mixed. Penny and speculatives were mostly weaker.
Europe are flat at the moment while Dow's future is slightly up.
Asian bourses were mixed with more downs. Nikkei -92, ShanghaiC -22, Hangseng -92. STI closed -6 at 3325. Volume was 1.6b shares. Gainers were 175 to 248 losers.
Short term trend of STI is turning down.
Top volumes were Sincap + 1.8, IHC -1, Artivision -0.3, Oceanus -0.1, SkyOne +0.8, JasperInv +0.3, JES +0.2, Blumont -0.3, APAC unchanged, Genting -2.5.
Market opened down but recovered to stay positive in late morning. It dropped back to negative after lunch and stayed negative the whole afternoon. Volume was a miserable 1.6b shares, more like a dead market. Blue chips were mixed. Penny and speculatives were mostly weaker.
Europe are flat at the moment while Dow's future is slightly up.
Monday, August 25, 2014
Stock Picks 26 Aug 14
UOBKH
ST Engineering - 9.1% upside
United Envirotech - 10.8% upside
BreadTalk - 9.1% upside
OCBC
Ascott Residence Trust - tgt $1.33
ST Engineering - 9.1% upside
United Envirotech - 10.8% upside
BreadTalk - 9.1% upside
OCBC
Ascott Residence Trust - tgt $1.33
Daily Summary 25 Aug 14
Europe and Dow were all down slightly
on Friday. Dow closed -38 at 17001. Dow's trend is still up. Dow's
future is now +58. Europe opened firmly up.
Asian bourses were generally firm. Nikkei +74, ShanghaiC -11, Hangseng +55. STI closed +12 at 3337. Volume was 1.5b shares. Gainers were 199 to 242 losers.
Short term trend of STI is up.
Top volumes were Weiye +0.3, IHC +0.5, Artivision +0.6, SingaporeeDev unchanged, GoldenAgri unchanged, JasperInv -1.4, DigilandIntl unchanged, VibrantGroup +0.1, Blumont unchanged.
Market opened up and stayed up the whole day. Volume was an unmentionable 1.5b shares. Blue chips were generally firmer. Penny and speculatives were mixed.
Europe and Dow are looking good for tonight.
Asian bourses were generally firm. Nikkei +74, ShanghaiC -11, Hangseng +55. STI closed +12 at 3337. Volume was 1.5b shares. Gainers were 199 to 242 losers.
Short term trend of STI is up.
Top volumes were Weiye +0.3, IHC +0.5, Artivision +0.6, SingaporeeDev unchanged, GoldenAgri unchanged, JasperInv -1.4, DigilandIntl unchanged, VibrantGroup +0.1, Blumont unchanged.
Market opened up and stayed up the whole day. Volume was an unmentionable 1.5b shares. Blue chips were generally firmer. Penny and speculatives were mixed.
Europe and Dow are looking good for tonight.
Sunday, August 24, 2014
Stock Picks 25 Aug 14
UOBKH
TiongWoon - tgt 45.5c
Bumitaman Agri - 8.7% upside
SPH - 7% upside
GRP - 14.2% upside
TiongWoon - tgt 45.5c
Bumitaman Agri - 8.7% upside
SPH - 7% upside
GRP - 14.2% upside
Friday, August 22, 2014
Daily Summary 22 Aug 14
Dow and Europe were up again last night.
Dow closed +60 at 17039. Dow's trend is up. sow's future is
now +14. Europe opened slightly down.
Asian bourses were mostly up. Nikkei -48, ShanghaiC +10, Hangseng +118. STI closed +7 at 3330. Volume was 1.7b shares. Gainers were 232 to 215 losers.
Short term trend of STI is up.
Top volumes were SingaporeeDev -0.2, MirachEnergy -0.5, Weiye +0.5, ThaiBev +0.5, Blumont +0.,3, IHC unchanged, Artivision +0.2, Sunvic +1.5, Vallianz -0.1, Polaris -0.1.
Market opened slightly up and stayed up for most part of the session but traded in a small range. Volume continues to be low. There were more gainers among the blue chips. Penny and speculatives were mixed.
Europe are looking flat at the moment while Dow's future is looking a bit up.
Asian bourses were mostly up. Nikkei -48, ShanghaiC +10, Hangseng +118. STI closed +7 at 3330. Volume was 1.7b shares. Gainers were 232 to 215 losers.
Short term trend of STI is up.
Top volumes were SingaporeeDev -0.2, MirachEnergy -0.5, Weiye +0.5, ThaiBev +0.5, Blumont +0.,3, IHC unchanged, Artivision +0.2, Sunvic +1.5, Vallianz -0.1, Polaris -0.1.
Market opened slightly up and stayed up for most part of the session but traded in a small range. Volume continues to be low. There were more gainers among the blue chips. Penny and speculatives were mixed.
Europe are looking flat at the moment while Dow's future is looking a bit up.
Thursday, August 21, 2014
Stock Picks 22 Aug 14
UOBKH
Centurion - tgt 90.5c
Riverstone Holding - tgt 10.7% upside
ISO Team - tgt - 10.7% upside
Hai Leck Holding - tgt 12% upside
CNA Group - tgt 17.6% upside
OCBC
Ascendas Reit - tgt $2.45
Centurion - tgt 90.5c
Riverstone Holding - tgt 10.7% upside
ISO Team - tgt - 10.7% upside
Hai Leck Holding - tgt 12% upside
CNA Group - tgt 17.6% upside
OCBC
Ascendas Reit - tgt $2.45
Daily Summary 21 Aug 14
Europe were down last night but Dow
closed +60 at 16979. Dow's trend is up. Dow's future is now
+35. Europe opened up.
Asian bourses were more down. Nikkei +132, ShanghaiC -10, Hangseng -166. STI closed +2 at 3325. Volume was 1.6b shares. Gainers were 219 to 220 losers.
Short term trend of STI is still up.
Top volumes were APAC +0.2, MirachEnergy -1, SingaporeeDev unchanged, IHC unchanged, Blumont +0.1, KLW unchanged, ThaiBev +0.5, GoldenAgri unchanged, Ellipsiz 0.3, Charisma +0.1
Market opened slightly up but drifted aimlessly the whole day. It closed +2 at 3325. Blue chips were mixed and so were penny and speculatives.
Europe and Dow are looking steady and slightly positive at the moment.
Asian bourses were more down. Nikkei +132, ShanghaiC -10, Hangseng -166. STI closed +2 at 3325. Volume was 1.6b shares. Gainers were 219 to 220 losers.
Short term trend of STI is still up.
Top volumes were APAC +0.2, MirachEnergy -1, SingaporeeDev unchanged, IHC unchanged, Blumont +0.1, KLW unchanged, ThaiBev +0.5, GoldenAgri unchanged, Ellipsiz 0.3, Charisma +0.1
Market opened slightly up but drifted aimlessly the whole day. It closed +2 at 3325. Blue chips were mixed and so were penny and speculatives.
Europe and Dow are looking steady and slightly positive at the moment.
Wednesday, August 20, 2014
Stock Picks 21 Aug 14
DBSV
Centurion - tgt 91c
UOBKH
ComfortDelgro - tgt 16.1% upside
CSE Global - tgt 23.4% upside
Amtek Engineeriing - tgt 9.3% upside
Falcon Engineering - tgt - 17.6% upside
OCBC
CapitaMall Trust - tgt $$2.20
Capitaland - tgt $3.79
Centurion - tgt 91c
UOBKH
ComfortDelgro - tgt 16.1% upside
CSE Global - tgt 23.4% upside
Amtek Engineeriing - tgt 9.3% upside
Falcon Engineering - tgt - 17.6% upside
OCBC
CapitaMall Trust - tgt $$2.20
Capitaland - tgt $3.79
Daily Summary 20 Aug 14
Dow and Europe continued to move up.
Dow closed +81 at 16920. Short term trend of Dow is up. Dow's
future is now -18. Europe opened down.
Asian bourses were mixed but more were positive. Nikkei +5, ShanghaiC -5, Hangseng +37. STI closed+5 at 3321. Volume was 2.1b shares. Gainers were 215 to 198 losers.
Short term trend of STI is up.
Top volumes were MirachEnergy +3.8, Artivision +0.3, ThaiBev +2, Albedo +0.2, IHC unchanged, APAC unchanged, GoldenAgri -0.5, Jaya -0.2, Polaris -0.1, Blumont +0.3.
Market opened up and stayed up the whole day. It closed near to day low at +5. Blue chips were firmer. Penny and speculatives were mixed.
Europe and Dow's future are looking slightly weaker at the moment.
Asian bourses were mixed but more were positive. Nikkei +5, ShanghaiC -5, Hangseng +37. STI closed+5 at 3321. Volume was 2.1b shares. Gainers were 215 to 198 losers.
Short term trend of STI is up.
Top volumes were MirachEnergy +3.8, Artivision +0.3, ThaiBev +2, Albedo +0.2, IHC unchanged, APAC unchanged, GoldenAgri -0.5, Jaya -0.2, Polaris -0.1, Blumont +0.3.
Market opened up and stayed up the whole day. It closed near to day low at +5. Blue chips were firmer. Penny and speculatives were mixed.
Europe and Dow's future are looking slightly weaker at the moment.
Tuesday, August 19, 2014
Daily Summary 19 Aug 14
Dow and Europe rebounded last night. Dow closed +176 at 16839. Short term
trend of Dow is up with a golden crossing. Dow's future is now +38 .
Europe opened up.
Asian bourses were all up. Nikkei +127, ShanghaiC +6, Hangseng +167. STI
closed +6 at 3319. Volume was 1.9b shares. Gainers were 255 to 191 losers.
Short term trend of STI is up with a golden crossing as well.
Top volumes were Artivision +0.8, Jaya +0.6, MDR -0.1, IHC +0.5, ThaiBev
+1, MirachEnergy -1.8, APAC unchanged, AllianceMineral +3, SingaporeeDev
unchanged, JES +0.2.
Market opened up and stayed up the whole day. It closed nearly flat. Blue
chips were seeing more gainers than losers. Penny and speculatives were
firmer.
Dow and Europe are looking strong at the moment.
trend of Dow is up with a golden crossing. Dow's future is now +38 .
Europe opened up.
Asian bourses were all up. Nikkei +127, ShanghaiC +6, Hangseng +167. STI
closed +6 at 3319. Volume was 1.9b shares. Gainers were 255 to 191 losers.
Short term trend of STI is up with a golden crossing as well.
Top volumes were Artivision +0.8, Jaya +0.6, MDR -0.1, IHC +0.5, ThaiBev
+1, MirachEnergy -1.8, APAC unchanged, AllianceMineral +3, SingaporeeDev
unchanged, JES +0.2.
Market opened up and stayed up the whole day. It closed nearly flat. Blue
chips were seeing more gainers than losers. Penny and speculatives were
firmer.
Dow and Europe are looking strong at the moment.
Monday, August 18, 2014
Stock Picks 19 Aug 14
DBSV
OCBC - tgt $12.40
UOBKH
Thai Bev - tgt 12.5% upside
United Envirotech - tgt 10% upside
Oxley - tgt 17.4% upside
Parkson Retail Asia - tgt 18.2% upside
OCBC
Nam Cheong - tgt 55c
OCBC - tgt $12.40
UOBKH
Thai Bev - tgt 12.5% upside
United Envirotech - tgt 10% upside
Oxley - tgt 17.4% upside
Parkson Retail Asia - tgt 18.2% upside
OCBC
Nam Cheong - tgt 55c
Daily Summary 18 Aug 14
Europe were generally down on Friday.
Dow closed -51 at 16663. Dow's short term trend is up. Dow's
future is now +80. Europe opened strongly up at the moment.
Asian bourses were mixed. Nikkei +4, ShanghaiC +13, Hangseng flat. STI closed -5 at 3310. Volume was 1.4b shares. Gainers were 195 to 260 losers.
Trend of STI is flat.
Market opened slightly down and stayed that way for the most part of the session. Volume was a low 1.4b shares. Blue chips were slightly weaker. Penny and speculatives were mixed.
Dow and Europe are looking very firm at the moment.
Asian bourses were mixed. Nikkei +4, ShanghaiC +13, Hangseng flat. STI closed -5 at 3310. Volume was 1.4b shares. Gainers were 195 to 260 losers.
Trend of STI is flat.
Market opened slightly down and stayed that way for the most part of the session. Volume was a low 1.4b shares. Blue chips were slightly weaker. Penny and speculatives were mixed.
Dow and Europe are looking very firm at the moment.
Friday, August 15, 2014
Daily Summary 15 Aug 14
Dow and Europe were slightly up last
night. Dow closed +62 at 16714. Dow's short term trend is up. Dow's
future is now +60. Europe opened up.
Asian bourses were mostly up. Nikkei +4, ShanghaiC +20, Hangseng +154. STI closed +20 at 3315. Volume was 1.8b shares. Gainers were 251 to 193 losers.
Short term trend of STI is attempting to turn up.
Market opened slightly up, slipped down a bit in the morning but remained positive. It gathered strength in late morning and continued to gain to close near day high. Blue chips were mostly up. Penny and speculatives were slightly firmer.
Europe are positive at the moment and Dow's future is up for now.
Asian bourses were mostly up. Nikkei +4, ShanghaiC +20, Hangseng +154. STI closed +20 at 3315. Volume was 1.8b shares. Gainers were 251 to 193 losers.
Short term trend of STI is attempting to turn up.
Market opened slightly up, slipped down a bit in the morning but remained positive. It gathered strength in late morning and continued to gain to close near day high. Blue chips were mostly up. Penny and speculatives were slightly firmer.
Europe are positive at the moment and Dow's future is up for now.
Thursday, August 14, 2014
Stock Picks 15 Aug 14
DBSV
Thai Bev - tgt 68c
OCBC
PACC Offshore - tgt $1.21
UOBKH
Centurion - tgt $1.00
Halcyon Agri - tgt $1.15
Pacific Radiance - tgt $1.76
Thai Bev - tgt 68c
OCBC
PACC Offshore - tgt $1.21
UOBKH
Centurion - tgt $1.00
Halcyon Agri - tgt $1.15
Pacific Radiance - tgt $1.76
Daily Summary 14 Aug 14
Europe and Dow were positive last night.
Dow +91 at 16652. Short term trend of Dow is up. Dow's
future is now -8. Europe opened down.
Asian bourses were mixed. Nikkei +101, ShanghaiC -18, Hangseng -89. STI closed -7 at 3294. Volume was 1.5b shares. Gainers were 217 to 230 losers.
Trend of STI is going down.
Top volumes were IHC unchanged, MirachEnergy +0.8, GoldenAgri +0.5, Blumont +0.2, Memstar -0.1, AdvanceSCT unchanged, HPHTrust +0.5, APAC -0.2, Polaris -0.1, Terratech +1.1.
Market opened up but ended down and closing at near day low. Volume was a pathetic 1.5b shares. Blue chips were slightly weaker. Penny and speculatives were generally weaker as well.
Europe and Dow are looking slightly weaker at the moment.
Asian bourses were mixed. Nikkei +101, ShanghaiC -18, Hangseng -89. STI closed -7 at 3294. Volume was 1.5b shares. Gainers were 217 to 230 losers.
Trend of STI is going down.
Top volumes were IHC unchanged, MirachEnergy +0.8, GoldenAgri +0.5, Blumont +0.2, Memstar -0.1, AdvanceSCT unchanged, HPHTrust +0.5, APAC -0.2, Polaris -0.1, Terratech +1.1.
Market opened up but ended down and closing at near day low. Volume was a pathetic 1.5b shares. Blue chips were slightly weaker. Penny and speculatives were generally weaker as well.
Europe and Dow are looking slightly weaker at the moment.
Wednesday, August 13, 2014
Stock Picks 14 Aug 14
DBSV
Mermaid Maritime - tgt 57c
OCBC
Comfort Delgro - tgt $2.92
Kim Heng - tgt 34c
Mermaid Maritime - tgt 57c
OCBC
Comfort Delgro - tgt $2.92
Kim Heng - tgt 34c
Daily Summary 13 Aug 14
Europe and Dow were slightly down last
night. Dow -9 at 16561. Dow's short term trend is up. Dow's
future is now +49. Europe opened up.
Asian bourses were mostly up. Nikkei +52, ShanghaiC +1, Hangseng +201. STI closed -2 at 3301. Volume was 1.9b shares. Gainers were 219 to 211 losers.
Short term trend of STI is sideways.
Top volumes were APAC -0.6, SingaporeeDev +0.1, IHC unchanged, Weiye unchanged, Memstar unchanged, Artivision -0.3, Polaris +0.1, Charisma unchanged, SIIC +0.4, CCFH +0.1.
Market opened flat, fell to negative but only to a low of -10. It closed nearly flat at -2. Volume was still below 2b shares. Blue chips were firmer. Penny and speculatives were mixed.
Europe is up on opening and Dow's future is now positive.
Asian bourses were mostly up. Nikkei +52, ShanghaiC +1, Hangseng +201. STI closed -2 at 3301. Volume was 1.9b shares. Gainers were 219 to 211 losers.
Short term trend of STI is sideways.
Top volumes were APAC -0.6, SingaporeeDev +0.1, IHC unchanged, Weiye unchanged, Memstar unchanged, Artivision -0.3, Polaris +0.1, Charisma unchanged, SIIC +0.4, CCFH +0.1.
Market opened flat, fell to negative but only to a low of -10. It closed nearly flat at -2. Volume was still below 2b shares. Blue chips were firmer. Penny and speculatives were mixed.
Europe is up on opening and Dow's future is now positive.
Tuesday, August 12, 2014
Stock Picks 13 Aug 14
DBSV
Valutronics - tgt 72c
Centurion - tgt 90c
UOBKH
CSE Global - tgt 98c
OCBC
KSH Holding - tgt 71c
Valutronics - tgt 72c
Centurion - tgt 90c
UOBKH
CSE Global - tgt 98c
OCBC
KSH Holding - tgt 71c
Daily Summary 12 Aug 14
Dow and Europe were up last night. Dow
closed +16 at 16570. Dow's short term trend is reversing up from
the recent falls. Dow's future is now +21. Europe have opened
down.
Asian bourses were mixed and generally flat. Nikkei +31, ShanghaiC -3, Hangseng +43. STI closed -3 at 3303. Volume was 1.6b shares. Gainers were 251 to 229 losers.
Short term trend of STI is turning up.
Top volumes were Artivision +1.3, JES +0.8, MirachEnergy -0.1, Memstar -0.1, APAC -0.1, IHC unchanged, Jaya +0.3, Polaris +0.1, Weiye -0.2, Stratech +0.2.
Market opened slightly up but slipped down again in the afternoon. It closed at day low. Blue chips were mixed. Penny and speculatives were firmer. Volume was low.
Dow's future is postive at the moment but Europe are down.
Asian bourses were mixed and generally flat. Nikkei +31, ShanghaiC -3, Hangseng +43. STI closed -3 at 3303. Volume was 1.6b shares. Gainers were 251 to 229 losers.
Short term trend of STI is turning up.
Top volumes were Artivision +1.3, JES +0.8, MirachEnergy -0.1, Memstar -0.1, APAC -0.1, IHC unchanged, Jaya +0.3, Polaris +0.1, Weiye -0.2, Stratech +0.2.
Market opened slightly up but slipped down again in the afternoon. It closed at day low. Blue chips were mixed. Penny and speculatives were firmer. Volume was low.
Dow's future is postive at the moment but Europe are down.
Monday, August 11, 2014
Stock Picks 12 Aug 14
DBSV
Frasers - tgt $2.08
Kim Heng - tgt 24c
OCBC
CSE Global - tgt 63c
UOBKH
QT Vascular 14% upside
ST Engineering 11.8% upside
China Environment 36.5% upside
Frasers - tgt $2.08
Kim Heng - tgt 24c
OCBC
CSE Global - tgt 63c
UOBKH
QT Vascular 14% upside
ST Engineering 11.8% upside
China Environment 36.5% upside
Daily Summary 11 Aug 14
Dow and Europe were up on Friday. Dow
+186 closing at 16554. Dow's downtrend is seeing a break. Dow's future
is now +45. Europe have opened firmly up.
Asian bourses rebounded strongly. Nikkei +352, ShanghaiC +30, Hangseng +315. STI closed +21 at 3310. Volume was 1.7b shares. Gainers were 299 to 182 losers.
Short term down trend of STI has snapped.
STI opened up and gained strength through the session. It closed near its day high at 3310. Blue chips were mostly in the green. Speculatives and penny stocks were firmer as well.
Europe and Dow are looking to continue to recover tonight.
Asian bourses rebounded strongly. Nikkei +352, ShanghaiC +30, Hangseng +315. STI closed +21 at 3310. Volume was 1.7b shares. Gainers were 299 to 182 losers.
Short term down trend of STI has snapped.
STI opened up and gained strength through the session. It closed near its day high at 3310. Blue chips were mostly in the green. Speculatives and penny stocks were firmer as well.
Europe and Dow are looking to continue to recover tonight.
Sunday, August 10, 2014
Stock Picks 11 Aug 14
DBSV
Venture Corp - tgt $8.80
OCBC
Nam Cheong - tgt 55c
UOL Group - tgt $6.95
Wheelock Properties - tgt $2.38
Venture Corp - tgt $8.80
OCBC
Nam Cheong - tgt 55c
UOL Group - tgt $6.95
Wheelock Properties - tgt $2.38
Friday, August 8, 2014
Daily Summary 8 Aug 14
Dow and Europe were down last night.
Dow closed -75 at 16368. Dow's trend is down. Dow's future
is -54 at this moment. Europe opened down.
Asian bourses were generally weaker with Nikkei sharply down, -454. ShanghaiC +8, Hangseng -56. STI closed -26 at 3288. Volume was 1.7b shares. Gainers were 131 to 366 losers.
Trend of STI is down with MACDs cutting down sharply.
Top volumes were AdvanceSCT unchanged, APAC unchanged, Artivision -0.1, Jaya -0.3, Genting -3.5, Equation unchanged, CedarStrategic unchanged, Noble -2, IHC +0.5, MirachEnergy +0.5.
Market opened down and drifted down further to close near its day low. Blue chips were mostly in the red. Penny and speculatives also were mostly down. Looks like the down trend is gaining momentum.
Europe and Dow too are looking weak at the moment.
Asian bourses were generally weaker with Nikkei sharply down, -454. ShanghaiC +8, Hangseng -56. STI closed -26 at 3288. Volume was 1.7b shares. Gainers were 131 to 366 losers.
Trend of STI is down with MACDs cutting down sharply.
Top volumes were AdvanceSCT unchanged, APAC unchanged, Artivision -0.1, Jaya -0.3, Genting -3.5, Equation unchanged, CedarStrategic unchanged, Noble -2, IHC +0.5, MirachEnergy +0.5.
Market opened down and drifted down further to close near its day low. Blue chips were mostly in the red. Penny and speculatives also were mostly down. Looks like the down trend is gaining momentum.
Europe and Dow too are looking weak at the moment.
Stock Picks 8 Aug 14
DBSV
CWT - tgt $2.08
China Merchants $1.32
Noble Group - tgt $1.60
OCBC
CWT - tgt -$2.01
CWT - tgt $2.08
China Merchants $1.32
Noble Group - tgt $1.60
OCBC
CWT - tgt -$2.01
Thursday, August 7, 2014
Daily Summary 7 Aug 14
Europe were slightly down last night.
Dow closed +14 at 16443. Dow's trend is still down. Dow's future
is now +35. Europe has opened flat.
Asian bourses were mixed. Nikkei +73, ShanghaiC -30, Hangseng -197. STI closed -6 at 3314. Volume was 2b shares. Gainers were 193 to 269 losers.
Trend of STI is down. Cedar Strategic unchanged, Charisma unchanged, MDR unchanged, ThaiBev +0.5, AdvanceSCT unchanged, SIIC unchanged, Memstar +0.1.
Market opened down but flipped up for a while before turning negative again. It closed off its day low. Blue chips were mixed but penny and speculatives were weaker.
Europe is flat at the moment while Dow's future is positive.
Asian bourses were mixed. Nikkei +73, ShanghaiC -30, Hangseng -197. STI closed -6 at 3314. Volume was 2b shares. Gainers were 193 to 269 losers.
Trend of STI is down. Cedar Strategic unchanged, Charisma unchanged, MDR unchanged, ThaiBev +0.5, AdvanceSCT unchanged, SIIC unchanged, Memstar +0.1.
Market opened down but flipped up for a while before turning negative again. It closed off its day low. Blue chips were mixed but penny and speculatives were weaker.
Europe is flat at the moment while Dow's future is positive.
Wednesday, August 6, 2014
Stock Picks 7 Aug 14
DBSV
SembCorp Industries - tgt $6
Yangzijiang - tgt $1.60
UOBKH
SembCorp Industries - tgt $5.40
Yangzijiang - tgt $1.39
CSE Global 16.7% upside
Parkway Reits 6.1% upside
SPH 4.7% upside
ARA Asset Mgt 6.9% upside
SembCorp Industries - tgt $6
Yangzijiang - tgt $1.60
UOBKH
SembCorp Industries - tgt $5.40
Yangzijiang - tgt $1.39
CSE Global 16.7% upside
Parkway Reits 6.1% upside
SPH 4.7% upside
ARA Asset Mgt 6.9% upside
Daily Summary 6 Aug 14
Europe were up last night but Dow -140
closing at 16429. Dow's trend is down. Dow's future is now
+3. Europe opened down.
Asian bourses were mostly down. Nikkei -161, ShanghaiC -2, Hangseng -84. STI closed -6 at 3322. Volume was 1.6b shares. Gainers were 148 to 319 losers.
Trend of STI is down.
Top volumes were IHC +0.5, APAC unchanged, Chiwayland IPO closed 43.5c, AllianceMineral +3.5, Advance SCT unchanged, Chrisma +0.2, Blumont -0.3, ThaiBev unchanged, GlobalLogistic -8, Armarda unchanged.
Market opened down and stayed down the whole day with low volume. There were more losers among the blue chips. Penny and speculatives too were mostly down. The market is looking like going down for a while to come.
Europe are down on opening while Dow's future is flat at the moment
Asian bourses were mostly down. Nikkei -161, ShanghaiC -2, Hangseng -84. STI closed -6 at 3322. Volume was 1.6b shares. Gainers were 148 to 319 losers.
Trend of STI is down.
Top volumes were IHC +0.5, APAC unchanged, Chiwayland IPO closed 43.5c, AllianceMineral +3.5, Advance SCT unchanged, Chrisma +0.2, Blumont -0.3, ThaiBev unchanged, GlobalLogistic -8, Armarda unchanged.
Market opened down and stayed down the whole day with low volume. There were more losers among the blue chips. Penny and speculatives too were mostly down. The market is looking like going down for a while to come.
Europe are down on opening while Dow's future is flat at the moment
Tuesday, August 5, 2014
Stock Picks 6 Aug 14
DBSV
Vard Holing buy on dips.
Capitaland - tgt $3.84
OCBC - tgt $12.40
Global Logistic - tgt $2
OCBC
Capitaland $3.79
UOBKH
Capitaland - tgt $4.08
OCBC - tgt $11.40
Riverstone Holding - tgt $1.14
Vard Holing buy on dips.
Capitaland - tgt $3.84
OCBC - tgt $12.40
Global Logistic - tgt $2
OCBC
Capitaland $3.79
UOBKH
Capitaland - tgt $4.08
OCBC - tgt $11.40
Riverstone Holding - tgt $1.14
Daily Summary 5 Aug 14
Europe were mixed last night while Dow
was +76. Dow's trend is still down despite the slight pull back.
Dow's future is now +8. Euorpe opened up.
Asian bourses were mixed. Nikkei -154, ShanghaiC -3, Hangseng +48. STI closed +9 at 3327. Volume was 1.8b shares. Gainers were 260 to 208 losers.
STI's trend is down.
Top gainers were Polaris +0.4, Charisma -0.3, Xpress +0.1, Artivision +0.6, Memstar +0.1, Jaya +0.3, IHC -0.5, Amplefield unchanged, ThaiBev +1.5, SIIC +0.5.
Market opened up and stayed up most of the day. It reacted to the technical rebound of Dow last night. The were slightly more gainers among the blue chips. Penny and speculatives were also firmer.
Dow and Europe look like continue to recover tonight.
Asian bourses were mixed. Nikkei -154, ShanghaiC -3, Hangseng +48. STI closed +9 at 3327. Volume was 1.8b shares. Gainers were 260 to 208 losers.
STI's trend is down.
Top gainers were Polaris +0.4, Charisma -0.3, Xpress +0.1, Artivision +0.6, Memstar +0.1, Jaya +0.3, IHC -0.5, Amplefield unchanged, ThaiBev +1.5, SIIC +0.5.
Market opened up and stayed up most of the day. It reacted to the technical rebound of Dow last night. The were slightly more gainers among the blue chips. Penny and speculatives were also firmer.
Dow and Europe look like continue to recover tonight.
Monday, August 4, 2014
Stock Picks 5 Aug 14
OCBC
Yoma - tgt 82c
DBSV
SempCorpMarine - tgt $4.82
ARA Asset Mgt - tgt $2
Parkway Life REIT - tgt $2.62
Yoma - tgt 82c
DBSV
SempCorpMarine - tgt $4.82
ARA Asset Mgt - tgt $2
Parkway Life REIT - tgt $2.62
Daily Summary 4 Aug 14
Dow and Europe continued to fall. Dow
was -70 on Friday. Dow's uptrend has been broken and going on a steep
fall. Dow's future at moment is -24. Europe opened mixed.
Asian bourses were mixed. Nikkei -49, ShanghaiC +38, Hangseng +68. STI -26 at 3318. Volume was 2.2b shares. Gainers were 108 to 416 losers.
Trend of STI is breaking down.
Top volumes were Charisma Energy -0.5, Polaris unchanged, APAC unchanged, AdvanceSCT -0.1, IHC +0.5, Amplefield unchanged, Blumont -0.6, Xpress -0.2, JES -0.6, SIIC +0.1.
Market opened flat but fell immediately and closed near day low. Blue chips were mostly in the red. Penny and speculatives were also mostly down. It is looking like anticipating more weaknesses in the US market.
Europe opened mixed while Dow's future is positive at the moment. There could be a technical rebound in New York after the sharp falls.
Asian bourses were mixed. Nikkei -49, ShanghaiC +38, Hangseng +68. STI -26 at 3318. Volume was 2.2b shares. Gainers were 108 to 416 losers.
Trend of STI is breaking down.
Top volumes were Charisma Energy -0.5, Polaris unchanged, APAC unchanged, AdvanceSCT -0.1, IHC +0.5, Amplefield unchanged, Blumont -0.6, Xpress -0.2, JES -0.6, SIIC +0.1.
Market opened flat but fell immediately and closed near day low. Blue chips were mostly in the red. Penny and speculatives were also mostly down. It is looking like anticipating more weaknesses in the US market.
Europe opened mixed while Dow's future is positive at the moment. There could be a technical rebound in New York after the sharp falls.
Sunday, August 3, 2014
Stock Picks 4 Aug 14
DBSV
Kim Heng - tgt 33c
UOBKH
Osim - tgt- $3.50
DBS - tgt - $22.68
SGX - 6.2% upside
Broadway Industrial - 30.7% upside
STATsChip - 10.7% upside
Ausgroup - 20.9% upside
Kim Heng - tgt 33c
UOBKH
Osim - tgt- $3.50
DBS - tgt - $22.68
SGX - 6.2% upside
Broadway Industrial - 30.7% upside
STATsChip - 10.7% upside
Ausgroup - 20.9% upside
Friday, August 1, 2014
Daily Summary 1 Aug 14
Dow and Europe were firmly down last
night. Dow -317 closing at 16563. Trend of Dow is down. This could be the
beginning of a sharp fall. Dow's future is now -53. Europe
opened sharply down.
Asian bourses were down. Nikkei -98, ShanghaiC -16, Hangseng -224. STI -30 at 3344. Volume was 1.8b shares. Gainers were 134 to 338 losers.
STI is still trending up but facing a first fall in this run up.
Top volumes were Jaya +0.4, APAC +0.3, Polaris +0.4, AccordiaGolf IPO 85c. Xpress unchanged, IHC -0.5, GoldenAgr unchanged, TopGlobal -0.1, SIIC -0.5.
STI gapped down on opening and slipped down further to close -30. Blue chips were mostly down. Penny stocks and speculatives too were mostly weaker.
Dow and Europe are looking pretty weak at the moment.
Asian bourses were down. Nikkei -98, ShanghaiC -16, Hangseng -224. STI -30 at 3344. Volume was 1.8b shares. Gainers were 134 to 338 losers.
STI is still trending up but facing a first fall in this run up.
Top volumes were Jaya +0.4, APAC +0.3, Polaris +0.4, AccordiaGolf IPO 85c. Xpress unchanged, IHC -0.5, GoldenAgr unchanged, TopGlobal -0.1, SIIC -0.5.
STI gapped down on opening and slipped down further to close -30. Blue chips were mostly down. Penny stocks and speculatives too were mostly weaker.
Dow and Europe are looking pretty weak at the moment.
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