Friday, February 27, 2015

Daily Summary 27 Feb 15


Europe were up last night but Dow closed -10 at 18214.  Trend of Dow is up but toppish.  Dow's future at the moment is -5.  Europe opened marginally up.

Asian bourses were mixed and generally flat.  Nkkei +12, ShanghaiC +12, Hangseng -79.  STI closed -13 at 3413.  Volume was 1.5b shares.  Gainers were 184 to 272 losers.

Trend of STI is starting to move down.

Top volumes were Xpress +0.2, MDR unchanged, Noble -8, Digiland unchanged, Lorenzo +0.3, GoldenAgri -0.5, JES -0.4, IHC +0.5, ThaiBev -1, ICP -0.1.

Market opened a bit down but stayed flat for most part of the session. It slipped back down in the last hour to close at day low.  Blue chips were mostly red. Penny and speculatives were mostly down.

Europe and Dow are flat at the moment.

Thursday, February 26, 2015

Stock Picks 27 Feb 15

DBSV
YangZijiang - Buy - TP $1.62

OCBC
Shengsiong - Buy - TP $0.81

UOBKH
Rotary Engineering - Buy - TP $0.45
IHH Healthcare - Buy - TP $1.80
Zico Holding - Buy - TP $0.57
First Resources - Buy - TP $2.80

Daily Summary 26 Feb 15

European bourses were flat last night. Dow closed +15 at 18225. Dow's trend is up. Dow's future is now +17. Europe opened flat.

Asian bourses were mixed. Nikkei +201, ShanghaiC +70, Hangseng +124. STI closed -15 at 3426. Volume was 1.2b shares. Gainers were 191 to 243 losers.

Trend of STI is starting to slip down.

Top volumes were Digiland unchanged, GoldenAgri unchanged, IHC unchanged, Genting unchanged, Xpress unchanged, TigerAir -0.5, MoyaAsia +1.9, SinoConstruction -0.5, ThaiBev +0.5, Oceanus unchanged.

Market opened flat but slipped to negative and stayed negative for the whole session. It closed near its day low, -15. Blue chips were mixed. Penny and speculatives were slightly weaker.

Europe is flat while Dow's future is slightly up at this moment.

Wednesday, February 25, 2015

Stock Picks 26 Feb 15

DBSV
Sheng Siong - Buy - TP $0.83

UOBKH
QT Vascular - Buy - TP $0.60
Starhub - Sell - TP $3.98

OCBC
Hotel Properties - Buy - TP $5.32
Wheelock - Buy - TP $2.27
Sheng Siong - Buy - TP $0.77

Daily Summary 25 Feb 15

European bourses were slightly up or flat last night. Dow closed -24 at 18117. Dow's trend is still up. Dow's future is now +11. European bourses opened flat.

Asian bourses were mostly positive. Nikkei +137, Shanghai closed, Hangseng -87. STI closed +12 at 3433. Volume was 1.1b shares. Gainers were 233 against 213 losers.

Trend of STI is flat.

Top volumes were IHC unchanged, GoldenAgri -1, Noble -2.5, SIIC +0.1, PNEMicron +0.2, Memstar unchanged, Ezion -3, SingTel +12, BengKuang -0.2, HPHTrust unchanged.

Market opened slightly up but dipped to negative at mid morning. It then recovered to close +12. Trading was lethargic. Blue chips were slightly firmer. Penny and speculatives were mixed.

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

Tuesday, February 24, 2015

Stock Picks 25 Feb 15

DBSV
Bumitama - Buy - TP $1.30

OCBC
DynaMac -Buy - TP $0.445
Hotel Prop - Buy - TP $5.32
Wheelock Prop - Buy - TP $2.38

UOBKH
Bumitama - Buy - TP $1.45
Genting - Buy - TP $1.32

Daily Summary 24 Feb 15

European bourses were slightly up or flat last night. Dow closed -24 at 18117. Dow's trend is still up. Dow's future is now +11. European bourses opened flat.

Asian bourses were mostly positive. Nikkei +137, Shanghai closed, Hangseng -87. STI closed +12 at 3433. Volume was 1.1b shares. Gainers were 233 against 213 losers.

Trend of STI is flat.

Top volumes were IHC unchanged, GoldenAgri -1, Noble -2.5, SIIC +0.1, PNEMicron +0.2, Memstar unchanged, Ezion -3, SingTel +12, BengKuang -0.2, HPHTrust unchanged.

Market opened slightly up but dipped to negative at mid morning. It then recovered to close +12. Trading was lethargic. Blue chips were slightly firmer. Penny and speculatives were mixed.

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

Monday, February 23, 2015

Stock Picks 24 Feb 15

DBSV
Sheng Siong - Buy - TP $0.82
DairyFarm - Buy - TP $10.39

OCBC
Frasers Centrepoint Trust - Buy - TP $2.27
Starhill Global Reit - Buy - TP $0.93
Frasers Commercial Trust - Buy - TP $1.65

Daily Summary 23 Feb 15

Welcome back from the long weekend. Dow was +155 on Friday while European bourses were flat or slightly up.  Dow's trend is breaking up.  Dow's future is now -25.  Europe opened up.

Asian bourses were mostly up.  Nikkei +135, ShanghaiC +25, Hangseng +5.  STI closed -11 at 3424. Volume  was 1.2b shares.  Gainers were 220 to 236 losers.

Trend of STI is flat.

Top volumes were GoldenAgri -1, IHC -0.5, Xpress +0.3, PacificAndes +0.2, Noble +1.5, SingTel -11, ThaiBev -0.5, Genting +0.5, Digiland unchanged, Blumont +0.1.

Market opened up but slipped down through the day to close at day low. Blue chips were mixed.  Penny and speculatives were also mixed.
Market volume remained low.

Europe is looking good at the moment but Dow's future slightly down.

Tuesday, February 17, 2015

Daily Summary 18 Feb 15

Happy Chinese New Year to all of you and wish the Year of Goat would bring prosperity to everyone.

Dow and European bourses were slightly up last night.  Dow closed +28 at 18048. Dow's trend is still up.  Dow's future is now +3. European bourses not open yet.

Asian bourses are mostly up at the moment.  Nikkei +179, ShanghaiC +25, Hangseng +47.  STI closed +14 at 3430.  Volume was 666m shares for half a day.  Gainers were 236 to 144 losers.

Trend of STI is flat.

Top volumes were IHC +0.5, Noble +1.5, NOL +3, SingTel +3, SIIC -0.1, Blumont unchanged, AdvanceSCT unchanged, Tigerair +1, Genting +1.5, ThaiBev -0.9.

Market opened up and stayed positive for the whole morning.  Blue chips were mostly green. Penny and speculatives were also seeing more gainers.

Dow's future is positive at this moment.

Stock Picks 18 Feb 15

DBSV
NOL - Buy- TP $1.10
Capitaland - Buy - $3.88

OCBC
Semb Corp Industries - Buy - TP $4.84
Capitaland - Buy - TP $3.98

BreadTalk - Sell - FV $1.02

Daily Summary 17 Feb 15

European bourses were slightly lower last night. Dow was closed for President's Day.  Dow's future is now -68.  Europeean bourses opened firmly down.

Asian bourses were mixed and relatively flat.  Nikkei -18, ShanghaiC +25, Hangseng +58. STI closed -14 at 3413.  Volume was 1b shares. Gainers were 184 to 240 losers.

STI's trend is flat and slipping down.

Top volumes were Noble -6, IHC unchanged, Blumont -0.1, Perennial Holdgs +0.5, HPHTrust -0.5, Charisma unchanged, SingTel -4, APAC unchanged, WE unchanged, GlobalLogistic -5.

Market opened down and stayed down the whole day. It closed lower in the afternoon. Blue chips were slightly firmer after a weak opening.  Penny and speculatives were weaker.

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

Monday, February 16, 2015

Stock Picks 17 Feb 15

DBSV
Ezion - Buy - TP $1.58
YangZiJiang _ Buy - TP $1.62
City Devt - Buy - TP $11.54
ARA Asset Mgt - Buy - TP $1.85

OCBC
CWT - Buy - TP $1.98
Cosco - Sell - TP $0.43
Capitaland - Buy - TP $3.79
KSH - Buy - TP $0.71

Daily Summary 16 Feb 15

Europe and Dow were slightly up on Friday. Dow closed +47 at 18019.  Dow's trend is moving up.  Dow's future is now -8.  Europe opened marginally down.

Asian bourses were mostly up. Nikkei +91, ShanghaiC +19, Hangseng +44.  STI closed flat at 3425.  Volume was less than 1b shares.  Gainers were 157 to 251 losers.

Trend of STI is flat.

Top volumes were IHC -0.5, Noble -10, APAC -0.1, HPHTrust unchanged, SingTel +8, UnitedEngineers -49, SIIC +0.1, GoldenAgri +1, Equation unchanged.

Market opened slightly down and stayed down the whole day. It closed flat down on 1 pt but turned +1 after matching Volume was a record low, less than 1b shares. Blue chips were mixed but penny and speculatives were weaker.

Europe and Dow's future are slightly down at this juncture.

Sunday, February 15, 2015

Stock Picks 16 Feb 15

DBSV
NOL - Buy - TP $1.10
Frasers Centrepoint - Buy - TP $2.02

OCBC
NOL - Sell - Fair Value - $0.92
OUE - Buy - TP $2.69
Ezion - Buy TP - $2.04

Friday, February 13, 2015

Daily Summary 13 Feb 15

Europe and Dow were slightly up last night. Dow +110 at 17972.  Dow's trend is turning up again.  Dow's future is now +36.  Europe opened up.

Asian bourses were mostly up but Nikkei was weaker, -66.  ShanghaiC +31, Hangseng +260.  STI closed +3 at 3422.  Volume was 1.1b shares.  Gainers were 242 to 204 losers.  

Trend of STI is flat.

Top volumes were AdvanceSCT -0.1, IHC +0.5, HPHTrust +3, SingTel +2, Blumont unchanged, GoldenAgri -0.5, Noble +6.5, Equation -0.1, SIIC unchanged, Wilmar +8.

Market opened up but fell slightly negative in early morning trading. It then recovered to stay positive for the rest of the day and closed at day high with +7 pts.  Blue chisp were firmer. Penny and speculatives were seeing slightly more gainers than losers.

Dow and Europe are looking firm at the moment.

Thursday, February 12, 2015

Stock Picks 13 Feb 15

DBSV
Amtek - Buy - TP $0.85
SIA - Buy - TP $12.90

Daily Summary 12 Feb 15

Dow and  Europe were all slightly down last night. Dow -7 at 17862.  Dow's trend is still up.  Dow's future is now +29.  European bourses opened mixed.

Asian bourses were mostly up. Nikkei +327, ShanghaiC +16, Hangseng +107.  STI bucked the trend ending -28 at 3417.  Volume was 1.2b shares.  Gainers were 164 to 323 losers.

Trend of STI is starting to dip.

Top volumes were AdvanceSCT +0.1, IHC -0.5, HPHTrust -1.5, ChinaEnv -2.9, SIIC -0.3, YangZJ -2.5, AscendasReit -6, UnitedEngineers +22, PacificAndes unchanged, SingTel +4.

Market opened flat but fell quickly to stay down for the whole session. It hovered around -25 to -28 level.  Blue chips were mostly down.  Penny and speculatives were also mostly in the red.

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

Wednesday, February 11, 2015

Stock Picks 12 Feb 15

DBSV
OCBC - Buy - TP $12.70
SingTel - Buy - TP $4.28

UOBKH
Lantrovision - Buy - TP $0.655
ComfortDelgro - Buy - TP $3.31
OCBC - Buy - TP $12.65

OCBC
KSH Holding - Buy - TP $0.71

Daily Summary 11 Feb 15

European bourses and Dow were up last night. Dow closed +140 17869. Trend of Dow is still up but flattening.  Dow's future is now -20.  European bourses opened slightly down.

Asiand bourses were mixed.  Nikkei -59, ShanghaiC +16, Hangseng -213.  STI closed +8 at 3442.  Volume was 1.2b shares.  Gainers were 191 to 264 losers.

Trend of STI is flat.

Top volumes were PacificAndes -0.4, Blumont -0.1, IC +1, SIIC +0.2, HPHTrust -0.5, GlobalLogistic +8, Ezion -4, WE -0.1, SingTel +2, Vallianz -0.3.

Market opened flat, dipped down for a brief moment but recovered to stay positive through the session.  Blue chips were generally firmer.  Penny and speculatives were slightly weaker.

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

Tuesday, February 10, 2015

Stock Picks 11 Feb 15

DBSV
Ascendas India Trust - Buy - TP $0.96
First Sponsor Group - Buy - TP $1.57

UOBKH
DBS - Buy - TP $23.55

Daily Summary 10 Feb 15

Dow and Europe were all down.  Dow closed -95 at 17729.  Dow's trend is turning down.  Dow's future is now +1. Europe opened slightly down.

Asian bourses were mixed and relatively flat.  Nikkei -59, ShanghaiC +46, Hangseng +7.  STI closed +13 at 3431.  Volume was 1b shares.  Gainers were 205 to 241 losers.

Trend of STI is flat.

Top volumes were HPHTrust +1.5, IC +0.5, GeoEnergy -0.5, CapitaMallTrust -2, Equation unchanged, SingTel+1, Tigerair +0.5, Vallianz unchanged, Noble -2, SIIC -0.2.

Market opened flat but moved higher to stay about 10 pts up for most of the session. Blue chips saw more gainers. Penny and speculatives were mixed.

European bourses are slightly down at the moment. Dow's future is flat.

Monday, February 9, 2015

Stock Picks 10 Feb 15

DBSV
Yoma - Buy - TP $0.73
Cache Logistic - Buy - TP $1.29

UOBKH
Semb Corp Industries - Buy - TP $5.20

Daily Summary 9 Feb 15


Europe and Dow were weaker on Friday. Dow closed -61 at 17824.  Dow's trend is still up.  Dow's future is now -85.  European bourses were down on opening.

Asian bourses were mixed.  Nikkei +63, ShanghaiC +19, Hangseng -158.  STI closed -12 at 3420.  Volume was 1.2b shares.  Gainers were 168 to 285 losers.

Trend of STI is flat.

Top volumes were HPHTrust -4.5, IHC +0.5, APAC +0.1, GoldenAgri -2, Equation -0.1, SIIC +0.5, SinoConstruction unchanged, Noble +1, CapitaMallTrust -1.

Market opened down and stayed down the whole day. It closed near day low -11.  Volume was a low of 1.2b shares.  Blue chips were mostly in the red. Penny and speculatives were also weaker.

Europe opened sharply down. Dow's future at the moment is also down.

Sunday, February 8, 2015

Stock Picks 9 Feb 15

DBSV
SIA - Buy - TP $12.90

UOBKH
SIA - Buy - TP $14.00

OCBC
Kep Corp - Buy - TP $9.14

Friday, February 6, 2015

Daily Summary 6 Feb 15

Europe and Dow were up last night.  Dow closed +212 at 17885.  Dow's trend is turning up. Dow's future is now +18.  European bourses opened down.

Asian bourses were mixed.  Nikkei +144, ShanghaiC -60, Hangseng -86.  STI closed +25 at 3431.  Volume was 1.2b shares.  Gainers were 235 to 188 losers.

Trend of STI is inching up.

Top gainers were GoldenAgri +3, Noble +7, IC unchanged, PacificAndes -0.2, Ezion -3, HPHTrust +1, Memstar unchanged, Genting -1.5, FirstReit unchanged, BengKuang +0.5.

Market opened slightly positive but gained strength to move up to a high of 3442. It pulled back slightly in the afternoon to close at 3431.  Blue chips were mostly firmer. Penny and speculatives were mixed.

Europe is weaker at this moment while Dow's future is now slightly up.

Thursday, February 5, 2015

Stock Picks 6 Feb 15

DBSV
Global Logistic Properties - Buy - TP $2.98

UOBKH
Silverlake Axis - Buy - TP $1.66

OCBC
Global Logistic Properties - Buy -TP $2.99

SGX versus Remisiers – Who is the referee?


The Stock Market is collapsing, the industry is dying, remisiers are resigning and leaving, business has fallen to an intolerable level that some remisiers are earning less than a cleaner. On the other corner, the Stork Market is doing well, and improving, getting betterer, more trades, more volumes, more participants, more products, in the pink of health. Many measures and improvements have been introduced by the SGX and everything is fine.
 

Obviously one is lying through the skin of his teeth. Which one? Who is to judge and call the bluff? The facts cannot lie and it does not need a rocket scientist to know the truth. But no one is saying anything, or have they said and concluded that everything is fine?
 

This is like two guys inside a lift. One farted, and both got into a heated argument on who farted. Sure, between the two of them they jolly well knew who farted. But the outsiders looking from the outside would not know who the liar was. But if one has a vested interested in the argument, one could side with the side that favours him. A neutral party would or could easily prove who the farter was by smelling their pants.
Guess the verdict? Would the real farter stand up or be asked to own up? Is it so difficult to know the answer? Would the referee still be thinking, thinking hard or would he be assuming that everything is fine? No thinking needed?
 

Maybe it is better to set up a committee to look into it, a board of inquiry, ya?

Daily Summary 5 Feb 15


European bourses were relatively flat and mixed. Dow was +7 at 17673. Dow's trend is turning up.  Dow's future is now +50.  European bourses opened slightly down.

Asian bourses were mixed. Nikkei -174, ShanghaiC -37, Hangseng +86.  STI closed -14 at 3404. Volume was 1.2b shares.  Gainers were 160 to 279 losers.

Trend of STI is flat.

Top volumes were PacificAndes +0.1, GoldenAgri unchanged, IHC unchanged, ChinaEnv -3.5, Oceanus unchanged, SIIC -0.2, GeoEnergy +1, Noble -1.5, GlobalLogistic -3, Vallianz -0.1.

Market opened flat and slipped further down and then stayed around a -10 pts band.  Volume was very low.  There were more losers than gainers among the blue chips.  Penny and speculatives were also weaker.

European slightly down on opening.  Dow's future is positive at the moment.

Wednesday, February 4, 2015

Stock Picks 5 Feb 15

DBSV
Bumitama Agri - Buy - TP $1.32
Singapore Post - Buy - TP $2.18

Daily Summary 4 Feb 15


Europe and Dow were up firmly last night.  Dow was +305 to close at 17666. Dow's down trend is reversing.  Dow's future is now -11.  Europe opened mixed.

Asian bourses were mostly up. Nikkei +343, ShanghaiC -30, Hangseng +125.  STI closed +9 at 3417.  Volume was 1.4b shares.  Gainers were 238 to 219 losers.

Top volumes were AdvanceSCT unchanged, IHC unchanged, GoldenAgri +0.5, SIIC -0.3, Ezion -3, Noble +2.5, PacificAndes -0.1, Singtel +2, HPHTrust unchanged, APAC +0.1.

Market opened up and stayed up the whole day. It closed at day low at +9.  Blue chips were mostly higher. Oil related stocks were firmer. Penny and speculatives were mixed.

Europe and Dow's future were relativel flat at the moment.

Tuesday, February 3, 2015

Stock Picks 4 Feb 15

UOBKH
OSIM - Buy - TP $2.40
SIA Engineering - Sell - TP $3.50

OCBC
SIA Engineering - Sell - TP $3.80

Daily Summary 3 Feb 15

Dow and Europe were up last night.  Dow +196 at 17361.  Dow's falling trend is easing.  Dow's future is now +42.  Europe opened firmly up.  

Asian bourses were mixed.  Nikkei -222, ShanghaiC + 77, Hangseng +70.  STI closed -15 at 3408.  Volume was 1.5b shares.  Gainers were 218 to 247 losers.

Trend of STI is flattening.

Top volumes were Bumont +0.1, Healthway +0.1, IHC  -0.5, NamCheong +2.5, PacificAndes -0.1, GoldenAgri unchanged, LionGold +0.1, Noble -2.5, Swiber +1.3, SingTel -5.

Market opened down and stayed down the whole day. It closed off its low of -22 at -15. Blue chips were mixed with more losers. Penny and speculatives were mixed.

Dow's future and European bourses are positive at the moment.

Monday, February 2, 2015

Stock Picks 3 Feb 15

DBSV
Japfa - Buy - TP $0.80

UOBKH
Singtel - Buy - TP $4.39

Daily Summary 2 Feb 15

Dow and Europe were all down on Friday.  Dow closed -252 at 17165.  Dow's trend is still slipping down.  Dow's future is now +62.  Europe opened firmly up.

Asian bourses were mixed. Nikkei -116, ShanghaiC -81, Hangseng -22.  STI closed +25 at 3417.  Volume was 1.4b shares.  Gainers were 198 to 270 losers.

Trend of STI is flattening.

Top volumes were PacificAndes -0.2, Vallianz unchanged, IHC +0.5, Noble +3.5, GoldenAgri unchanged, SIIC -0.1, UniFiber +0.3, EMSEnergy unchanged, YZJ +1.5, Tigerair unchanged.

Market opened up and stay positive the whole session. It gained strength gradually through the day to close at day high.  Blue chips were mostly higher.  Penny and speculatives were mixed.  

Europe and Dow's future are showing strength for a good closing to night.

Sunday, February 1, 2015

Stock Picks 2 Feb 15

DBSV
Frasers Hospitality Trust - Buy - TP $$0.94
Japfa - Buy - TP $0.80

UOBKH
Frasers Hospitality Trust - Buy - TP $1.02

OCBC
Golden Agri - Sell above $0.45