Friday, January 30, 2015

Daily Summary 30 Jan 15

European bourses were mixed last night. Dow closed +225 AT 17417.  Dow's short term downtrend is stopped with the 225 pt gain.  Dow's future is now -62.  European bourses are slightly up at the moment.

Asian bourses were mixed but steady.  Nikkei +68, ShanghaiC -51, Hangseng -89.  STI closed -28 at 3391.  Volume was 1.7b shares.  Gainers were 236 to 243 losers.

Trend of STI is up but flattening.

Top volumes were PacificAndes +0.6, IC unchanged, GoldenAgri -1, TigerAir +0.5, Genting +0.5, HPHTrust -1, PNEMicron +0.4, Noble +1, SingTel +1, SIIC +0.2.

Market opened slightly up and stayed slightly positive for the whole session until the last hour. It was sold down to close at day low, -28 pts. Blue chips were mixed but banks seen some profit taking and were in the red. Penny and speculatives were slightly weaker.

Europe is looking steady at the moment while Dow's future is a bit down.

Thursday, January 29, 2015

Stock Picks 30 Jan 15

DBSV
Mapletree Greater China Commercial Trust - Buy - TP $1.04
SMRT - Buy - TP $1.90
Tiger Airway - Buy - TP $0.39

UOBKH
Ventures - Buy - TP $8.75

OCBC
SMRT - Buy - TP $1.90

Daily summary 29 Jan 15


European bourses were mixed last night. Dow closed -196 at 17191.  Dow's short term trend is down.  Dow's future is now +27. European bourses opened down.  

Asian bourses were mostly down.  Nikkei -190, ShanghaiC -42, Hangseng -266.  STI closed -4 at 3415.  Volume was 1.4b shares.  Gainers were 228 to 268 losers.

Trend of STI is up but levelling.

Top volumes were Oceanus +0.2, IHC unchanged, Tigerair +2, Equation unchanged, ResourcesPrima -2.4, Genting +1.5, PacificAndes unchanged, GoldenAgri -0.5, Midas +1, Memstar +0.1.

Market opened down but turned positive by noon. It stayed slightly positive for the rest of the afternoon and turned slightly down in the last hour of trading.  Blue chips were mostly down.  Penny and speculatives were also generally weaker.

Europe opened down while Dow's future is positive at the moment.

Wednesday, January 28, 2015

Stock Picks 29 Jan 15

DBSV
Starhill Global Reit - Buy - TP $0.88
CDL Hospitality Trust - Buy - TP $1.86
OUE Hospitality Trust - Buy - TP $1.02

UOBKH
CDL Hospitality Trust - Buy - TP $1.80

OCBC
Starhill Global Reit - Buy - TP $0.93

Daily Summary 28 Jan 15

Dow and Europe were all down.  Dow closed -291 at 17387.  Dow's trend is going down. No Dow's future data at the moment. Europe opened up.

Asian bourses were steady and closed mixed.  Nikkei +27, ShanghaiC -46, Hangseng +55.  STI closed +7 at 3419.  Volume was 1.5b shares.  Gainers were 252 to 183 losers.

Trend of STI is still up but flattening.

Top volumes were AdvanceSCT unchanged, Memstar +0.1, IHC unchanged, SIIC +0.2, GoldenAgri -0.5, Tritech +1.3, PacificAndes unchanged, Armarda +0.1, HPHTrust +0.5, Noble +2.5.

Market opened down but moved up quickly to a high of 3427. It then slipped down and was flat in the afternoon. It managed to close +7 after matching. Blue chips were mostly higher. Penny and speculatives were also firmer.

Europe are positive at the moment.

Tuesday, January 27, 2015

Stock Picks 28 Jan 15

DBSV
Amtek Engineering - Buy - TP $$0.625
Cache Logistic - Buy - TP $1.28
Parkway Life Reit - Buy - TP $2.66

UOBKH
Zico Holding - Buy - TP $2.45
First Resources - Buy - TP $2.80
Bumitama - Buy - TP $1.40

OCBC
Starhill Global Reit - Buy - TP $0.90

Daily Summary 27 Jan 15

Dow and Europe closed up last night. Dow was +6 at 17679.  Dow's trend is flat at the moment.  Dow's future is now -25.  Europe opened slightly down.

Asian bourses were mixed.  Nikkei +300, ShanghaiC -29, Hangseng -103.  STI closed +11 at 3409.  volume was 2b shares.  Gainers were 280 to 196 losers.

Trend of STI is still up.

Top volumes were PacificAndes +0.6 AdvanceSCT unchanged, SIIC +0.3, ChinaEnv +2, Sincap +1, IHC unchanged, LionGold -0.2, GoldenAgri +1, Memstar -0.1, HPHTrust -0.5.

Market opened up and stayed up the whole day. It weaken in the last hour to close at day low but still +11.  High was +30 pts.  It was a mixed market. Blue chips were mixed, so were penny and speculatives.

Europe and Dow's future are looking slightly weak at this moment.

Monday, January 26, 2015

Stock Picks 27 Jan 15

DBSV
Ascendas India Trust - Buy - TP $0.95

OCBC
OUE Commercial Trust Reit - Buy - TP $0.88

Daily Summary 26 Jan 15

Europe were mostly up on Friday but Dow closed -141 at 17673. The break up from the recent falling short term trend is taking a break.  Dow's future is now -70. Europe opened slightly down.

Asian bourses were relatively flat and mixed.  STI closed -14 at 3397.  Volume was 1.5b shares.  Gainers were 209 to 281 losers.

Short term uptrend is still holding but weakening.

Top volumes were Tigerair +6, IHC unchanged, Armarda unchanged, GoldenAgri unchanged, Keppel Land +90, SIIC +0.2, Noble -3, Swiber +1, HPHTrust +1.5, KeppelCorp +6.

STI opened down and stayed down the whole session but within a small range. It closed near day low, -14 pts.  Blue chips were mixed. Penny and speculative stocks were also mixed.

Europe is improving at the moment but Dow's future is down.

Sunday, January 25, 2015

Stock Picks 26 Jan 15

OCBC
Keppel Corp - Buy - TP 19% upside
Wheelock Properties - Buy - TP $2.38
Frasers Centrepoint Trust - Buy - TP $2.27
Frasers Commercial Trust - Buy TP $1.65
Capital Land - Buy - TP $3.79

Friday, January 23, 2015

Daly Summary 23 Jan 15

Dow and Europe closed up last night. Dow +260 at 17814.  Dow's trend is up. Dow's future is now +40.  European bourses opened up,

Asian bourses were mostly up.  Nikkei +183, ShanghaiC + 10, Hangseng +328.  STI closed +41 at 3415.  Volume was 2b shares.  Gainers were 337 to 180 losers.

Trend of STI is up.  

Top volumes were AdvanceSCT +0.1, LionGold -0.2, Armarda unchanged, PacificAndes  -0.1, GoldenAgr +1.5, IHC unchanged, Noble -0.5, SIIC +0.1.

Market opened up and continue to make gains. It closed near its high with a gain of 41 pts.  Blue chips were mostly higher. Property stocks made good gains with positive news of Keppel Corp making a takeover of Keppel Land at a much higher price. Penny stocks and speculatives were also mostly gainers with the continued Capricorn effect.

European bourses are running up at the moment with the QE announcement. Dow's future is also positive at the moment.

Thursday, January 22, 2015

Stock Picks 23 Jan 15

DBSV
Ascott Residence Trust - Buy - TP $1.37
SoilBuild Business Space Reit - Buy - TP $0.92

UOBKH
Ascott Residence Trust - Buy - TP $1.41
Keppel Reit - Buy - 28% upside
RH Petrogas - Buy - 27% upside
Innovalues - Buy - 21.2%

Lim&Tan
Ascott Residence Trust - Buy - No TP
ST Engineering - Buy - No TP

Daily Summary 22 Jan 15

Dow and Europe were positive last night.  Dow closed +39 at 17554.  Dow's trend is turning up gradually.  Dow's future is now +51.  Europe opened flat.

Asian bourses were mostly up.  Nikkei +49, ShanghaiC +21, Hangseng +170.  STI closed +17 at 3371.  Volume was 1.8b shares.  Gainers were 318 to 160 losers.

Trend of STI is turning up.

Top volumes were AdvanceSCT unchanged, GoldenAgri -1, Noble+7, CommDesign -0.1, Mirach +0.2, ResorucesPrima -0.1, PacificAndes -0.1, OLS +0.1, IHC unchanged, Vallianz +0.1.

Market opened flat but turned positive and stayed positive for the whole session. It closed near day high at +17.  Blue chips were mostly higher. Penny and speculatives too were mostly firmer. This is looking like the Capricorn effect that comes a bit late.

Europe is still flat while Dow's future is now up.

Wednesday, January 21, 2015

Stock Picks 22 Jan 15

DBSV
Mapletree Commercial Trust - Buy - TP $1.63

UOBKH
CapitaCommercial Trust - Buy - TP $2.06
Keppel Land - Buy - TP $4.30
ComfortDelgro - $3.08

OCBC
SoilBuild Reit - Buy - TP $0.93
ComfortDelgro - Buy - TP $3.03
SMRT - Buy - TP $1.70
Ascott Residence Trust - Buy - TP $1.37

OSK/DMG
Keppel Land - Buy - TP $4.05

Daily Summary 21 Jan 15

Dow and Europe were marginally up last night. Dow closed +4 at 17515.  Trend of Dow is creeping up.  Dow's future is now -51.  Europe opened down.  

Asian bourses were mostly up but Nikkei -86.  ShanghaiC +150, Hangseng + 401.  STI closed +20 at 3354.  Volume was 2.2b shares. Gainers were 264 to 201 losers.

Trend of STI is turning up.

Top volumes were AdvanceSCT unchanged, ResourcesPrima +1, GoldenAgri -1, SIIC +0.3, IHC unchanged, Genting +1, Electromotive -0.2, Mirach +0.4, PacificAndes unchanged, Noble -1.

STI opened flat but moved up immediately to stay positive for the whole day. It closed at day high with some short covering during matching trades. Blue chips were mostly up.  Penny and speculatives too were firmer.

Europe and Dow's future are negative at the moment.

Tuesday, January 20, 2015

Stock Picks 21 Jan 15

DBSV
Keppel DC Reits - Buy - TP - $1.05
Mapletree Industrial Trust - Buy - TP -  $1.66

Lim&Tan
CapitaCommercial Trust - Buy - No TP

OSK/DMG
Centurion - Buy - TP - $0.83

Daily Summary 20 Jan 15

Dow was closed last night.  European bourses were higher. Dow's downtrend is breaking with the last gain on Friday.  Dow's future is now +45. Europe opened positive.

Asian bourses were mostly up today.  Nikkei +352, ShanghaiC +58, Hangseng +213.  STI closed +25 at 3332.  Volume was 1.4b shares.  Gainers were 294 to 167 losers.

Trend of STI is starting to turn up.

Top volumes were ResourcesPrima +2.5, SIIC +0.6, IHC -0.5, Xpress -0.1, Memstar unchanged, Blumont +0.1, WE unchanged, JES +0.3, MDR +0.1, Noble -0.5.

Market opened flat but moved up quickly to trade higher the whole day.  It closed near day high with +25 pts.  Blue chips were also mostly in the green. The general market saw more gainers than losers.

Europe and Dow's future are looking higher at the moment.

Monday, January 19, 2015

Daily Summary 19 Jan 15


Europe and Dow closed strongly up on Friday. Dow +191 at 17512.  Dow's is still on a downtrend but first gain after a week of falls.   Dow's future is now -48.  Europe opened positive.

Asian bourses were moving in opposite directions.  Nikkei -150, ShanghaiC -260, Hangseng -365. STI closed +6 at 3306.  Volume was 1.4b shares.  Gainers were 202 to 269 losers.

Trend of STI is still slipping down slightly.

Top volumes were SIIC  -0.6, IHC  +0.5, OLS unchanged, ResourcesPrima +0.2, Memstar -0.1, GoldenAgri +0.5, Digiland unchanged, Midas -1.5, ThaiBev +0.5. Noble +1.

With Europe and Dow closing up STI opened up as well but fell back quickly to stay relatively flat for the morning. It started to slip to the red in mid after but managed to recover to close slightly positive.  Blue chips were mostly green. Penny and speculatives were weaker.

Europe opened up but Dow's future is down at the moment.

Friday, January 16, 2015

Daly Summary 16 Jan 15

Europe were up but Dow -106 at 17321.  Dow's trend is down. Dow's future is now -54.  Europe opened slightly down.

Asian bourses were mostly down except ShanghaiC +41. Nikkei -245 and Hangseng -247.  STI closed -42 at 3297  Volume was 2b shares.  Gainers were 150 to 337 losers.

Short term trend of STI is down.

Top volumes were AdvancedACT +0.1, ChinaEnv 3.2, OLS -0.4, SIIC -0.6, Magnus -0.1, IHC unchanged, GSH unchanged, ThaiBev 4.5, Noble -3.5, Memstar unchanged.

Market opened flat but fell after an hour of trading. It stayed there for the rest of the session. The upheaval in Europe with the lifting of the tradinf band for Swiss Franc would unnerve trading in Europe and US tonight. Blue chips were mostly down. Penny and speculative were mostly down for the weekend.

Europe opened mixed while Dow's future is now slightly down.

Thursday, January 15, 2015

Daily Summary 15 Jan 15

Europe and Dow were down last night.  Dow -187 at 17427.  Dow's trend is down.  Dow's future is now +120.  Europe opened up.

Asian bourses were mostly up. Nikkei +313, ShanghaiC +113, Hangseng +238.  STI closed +14 at 3340.  Volume was 1.4b shares.  Gainers were 234 to 237 losers.

Trend of STI is sliding down a bit.

Market opened slightly up and stayed marginally up for the whole morning. It gained a few more points in afternoon trading to close near day high with +14 points.  Blue chips were mostly up after the knee jerk fall yesterday. Penny and speculatives were mixed.

Europe and Dow are looking strong for tonight.

Wednesday, January 14, 2015

Daily Summary 14 Jan 15

European bourses were up last night. Dow opened strongly up by nearly 300 pts but closed -27.  Dow's trend is dipping down.  Dow's future is now -70.   Europe opened down.

Asian bourses were mostly down.  Nikkei -292, ShanghaiC -12, Hangseng -103.  STI closed -11 at 3330.  Volume was 1.3b shares.  Gainers were 157 against 285 losers.

Trend of STI also slipping down.

Top volumes were IHC unchanged, GoldenAgri unchanged, Memstar unchanged, Noble -1.5, APAC -0.1, ThaiBev +1, Vallianz -0.2, SingTel +3, Blumont -0.1, ResourcesPrima -1.5.

Market opened flat and stayed firm for the most part of the morning. It then slipped down to stay flat but fell further in late afternoon.  It closed near day low.  Blue chips were mixed. Penny and speculatives were weaker.

Europe and Dow are looking weak for tonight.

Tuesday, January 13, 2015

Daily Summary 13 Jan 15

European bourses were up last night but Dow -97 closing at 17641.  Trend od Dow is starting to turn down.  Dow's future is now +21.  Europe opened mixed.

Asian bourses were mixed as well. Nikkei -110, ShanghaiC +7, Hangseng +190.  STI closed -6 at 3339.  Volume was 1.6b shares.  Gainers were 175 to 246 losers.

Trend of STI is slipping down.

Top volumes were Memstar +0.1, IHC unchanged, Noble -7.5, IHH -2, ChinaEnv -0.4, GoldenAgri unchanged, APAC unchanged, SIIC -0.2, ResourcesPrima -0.3.

Market opened down but turned positive in the first half of the morning. It then slid down and remained relatively flat and closed at -6. Blue chips were seeing a bit more losers than gainers. Penny and speculatives were generally weaker.

Europe is starting to slip to negative at the moment while Dow's future is slightly positive.

Monday, January 12, 2015

Daily Summary 12 Jan 15

Dow and Europe were down on Friday. Dow closed -171 at 17737.  Dow's trend is levelling. Dow's future is now +75.  Europe opened very firm.

Asian bourses were mixed.  Nikkei +31, ShanghaiC -54, Hangseng +107.  STI +4 at 3342.  Volume was 1.2b shares.  Gainers were 170 to 266 losers.

Trend of STI is also flattening.

Top volumes were IHC unchanged, Metal Component -0.1, ChinaEnv +1.5, GoldenAgri unchanged, PacificAndes +0.1, OLS unchanged, SIIC +0.1, Annica unchanged, GlobalLogistic +1, ResourcesPrima -1.

Market opened marginally down and traded in a small band for the whole day. It closed slightly positive. Blue chips were mixed. Penny and speculatives were generally weaker.

Dow's future and Europe are very firm at the moment.

Friday, January 9, 2015

Daily Summary 9 Jan 15

Dow and Europe were firmly up again last night.  Dow +323 at 17908.  Dow's trend is turning up. Dow's future is now -20.  Europe opened slightly down.  

Asian bourses were mixed.  Nikkei +31, ShanghaiC -6, Hangseng +84.  STI closed -10 at 3335.  Volume was 1.6b shares.  Gainers were 217 to 223 losers.  

Trend of STI is still looking up.

Top volumes were OLS +0.1, IHC unchanged, SIIC -0.4, GoldenAgri -0.5, Biosensors +2, Ezion +7, Jasper +0.2, ThaiBev +1.5, Healthway +0.1, Mirach unchanged.

Market opened up but fell through the day with profit taking. It closed near day low.  Blue chips were mostly lower despite a firm opening.  Penny and speculatives were mixed.

Europe and Dow's future slighlty lower at the moment.

Thursday, January 8, 2015

Daily Summary 7 Jan 15

Europe and Dow were all up last night.  Dow closed +213 at 17585.  Dow's downtrend has been interrupted.  Dow's future is now +125.  Europe opened strongly up.

Asian bourses were mostly up except for ShanghaiC -80. Nikkei +282, Hangseng +154.  STI closed +46 at 3344. Volume was 1.7b shares. Gainers were 279 to 149 losers.

Trend of STI is turning back up.

Top volumes were Oceanus +0.2, LottVision unchanged, Vallianz +0.2, IHC unchanged, ChinaNewTown +0.7, Blumont unchanged, SingTel +8, Ezra +4, Jaya +0.3.

STI opened flat but rose immediately and continued to rise to close at day high. The pessimism of not having a Capricorn Effect is proving to be shortlived and many counters are chalking gains. Blue chips were big gainers especially the banks. Oil related counters also started to recover.  Penny and speculatives were also firmer helped by strong openings in Europe.

Europe and Dow's future are looking very firm at the moment.

Wednesday, January 7, 2015

Daily Summary 7 Jan 15

Europe and Dow were down last night.  Dow -130 at 17372.  Dow's trend is down.  Dow's future is now +56.  Europe opened up.

Asian bourses were mostly up.  Nikkei +2, ShanghaiC +23, Hangseng +196.  STI  closed +22 at 3303.  Volume was 2.1b shares.  Gainers were 254 to 175 losers.

Trend of STI is down.

Top volumes were Blumont unchanged, JES +0.4, Xpress unchanged, LionGold unchanged, Addvalue +0.4, Artivision +0.1, GoldenAgri +0.5, IHC unchanged, Yuuzoo +4, Charisma +0.1.

Market opened flat but fell 14 pts and quickly recovered to positive territory. It stayed up for the rest of the session and closed near day high. Blue chips mostly recovered from yesterday's weakness. Penny and speculatives were also firmer.

Europe and Dow's future are up at this moment.

Tuesday, January 6, 2015

Daily Summary 6 Jan 15

Dow and Europe were sharply down last night. Dow -331 at 17502.  Dow's trend is down.  Dow's future is now -25.  Europe opened down.

Asian bourses were mostly down. Nikkei -526, ShanghaiC +2, Hangseng -236.  STI -45 at 3283.  Volumes were 1.5b shares.  Gainers wer 143 to 300 losers.  

Trend of STI is down.

Top volumes were Artivision +1.5, IHC -0.5, Noble -0.5, Addvalue +0.7, Memstar -0.1, GoldenAgri +1, APAC unchanged, Midas +2.5, Genting 1.03.

Market opened up for a short while and fell to trade at a lower level for the whole day. It closed slightly off its low. Blue chips continued to be sold down.  Penny and speculatives were also mostly down.

Dow's future and Europe are now negative.

Monday, January 5, 2015

Daily Summary 5 Jan 15

European bourses were down but Dow was +10 at 17833.  Dow's trend is down.  Dow's future is now +7.  European bourses opened on the positive.

Asian bourses were mostly down but Shanghai was firmly up, +117.  Nikkei -42, Hangseng -137.  STI vlodrf -43  at 3327.  Volume was 1.4b shares.  Gainers were 185 against 262 losers.

Trend of STI is going down.

Top volumes were IHC +0.5, ChinaEnv +3.9, SIIC +0.3, Magnus unchanged, OLS -0.1, Memstar unchanged, Tritech +2.2, Mirach -0.1, Midas +1, ChinaFibretech +0.1.

Market opened flat but fell through the session to close near its day low. Blue chips were down especially the banks.  Penny and speculatives were also weaker. Not very promising for those looking for the Capricorn effect.

Europe and Dow's future are slightly positive at the moment.

Friday, January 2, 2015

Daily Summary 2 Jan 15

Dow and Europe were down in the last session. Dow closed -160 at 17823.  Dow's trend is turning down. Dow's future is now -97.  Euorpe opened flat.

Asian bourses opened the first trading day mostly up. ShanghaiC +68, Hangseng +253.  STI +3 at 3368.  Volume was 1.2b shares.  Gainers were 282 to 165 losers.

Trend of STI is flat.

Top volumes were Top Global unchanged, Mirach +0.9, IHC unchanged, OLS unchanged, SIIC +0.,4, JES +0.3, Elektromotive +0.1, Midas +6, GoldenAgri unchanged, NamCheong +1.5.

Market opened flat and stayed flat for the whole day. It was slightly down in the morning but turned slightly up in the afternoon. Blue chips saw more gainers than losers.  Penny and speculatives were seeing more gainers as well.

Europe has turned marginally down at the moment. Dow's future is up.