Tuesday, 31 January 2017

STOCKS TO WATCH: SEMBMARINE, KEPPEL CORP, INTERNATIONAL HEALTHWAY CORP


THESE stocks had news over the long weekend that could influence trading on Tuesday:

Sembcorp Marine: An oil and gas business partnership between Chinese conglomerates Poly Group and GCL Group is in final talks with Sembcorp Marine for the supply of a newbuild floating liquefaction plant towards the development of what may be Ethiopia's first liquefied natural gas export project, The Business Times reported on Tuesday.

Keppel Corp: The conglomerate has agreed to sell its entire stake in GE Keppel Energy Services to GE Singapore of General Electric for S$24.6 million by February, it said in a Singapore Exchange filing on Friday evening.


International Healthway Corporation: The healthcare group converted its recent trading halt to a voluntary suspension on Friday. Newly appointed director Jackson Tay said in a Singapore Exchange filing that the company's interim transition committee and its new board of directors need "more time to determine the current state of affairs of IHC and its subsidiaries".




Monday, 30 January 2017


US stocks rose last week and the Dow Jones Industrial Average finally broke through the 20,000 level but economic, earnings and White House reports hinted there could be trouble ahead.

Several companies, including manufacturing giants 3M and United Technologies, commented on the deleterious effects of the rising dollar on the outlook for the year. With a few exceptions, corporate executives did not foresee the acceleration in economic growth that the stock rally was predicated on. While some big firms, including Boeing, surpassed Wall Street targets, others, such as Google parent Alphabet and steelmaker AK Steel, produced disappointments.

Meanwhile, President Donald Trump spent his first week in power pushing some of the most politically and economically poisonous elements of his campaign platform. The new president picked a fight with Mexico, vowing that the southern neighbour of the US would pay in some fashion for a wall that he has already ordered along the border. President Pena Nieto of Mexico affronted by the threat, cancelled a diplomatic visit to the US, setting up the worst diplomatic impasse between the trading partners since the signature of the North American Free Trade Agreement increased economic cooperation between the two nations - and Canada - in 1988.

Most worryingly for the future of liberal democracy, Mr Trump widened the parameters for deportation of undocumented immigrants and suspended acceptance of refugees from seven primarily Muslim countries. Those orders threatened to break up families and strand thousands of Syrian refugees who had escaped the violence there and were issued visas by the Obama administration. With sinister talk prioritising Christian refugees over Muslims, Mr Trump's orders recalled those of 1930s totalitarian leaders.

Morality aside, Mr Trump's trade and immigration policies have little basis in economic logic.
Most economists say these policies are little more than "red meat" for his supporters in "Rust Belt" states. The "border tax", or tariff, that the Trump administration is set to impose on goods produced in Mexico and elsewhere overseas may encourage some factory operators to move into the US. The public shaming and private pressure that Mr Trump is exerting on corporate giants could even force them to meet quotas of American workers. These corporations are not going to shake off the rust in the belt of depressed cities as Mr Trump is promising.

According to most sober analyses, the unemployed in car-producing states in Michigan and Indiana are not losing their jobs to Mexican or even Chinese workers. Machines, not immigrants, are their enemy.

"Sell humans, buy robots," wrote analysts at brokerage Jefferies, in a recent research note, summing up the most important. Among the companies that Jefferies analysts say is set to benefit from a shift to a robotic factory crew is Rockwell Automation.

Last week, executives at Rockwell Automation were among the many quizzed by analysts on how they would react to Mr Trump's threat to impose a "border tax". The Rockwell executives answered frankly they would likely relocate a factory in Mexico to the US. They also noted that they were set to benefit from the "reshoring" of manufacturers because of how it will drive up the demand for automated factory lines.

As Mr Trump himself has proved repeatedly in his career, US corporations are adept at squeezing through loopholes in government mandates.

Stock-market bulls say the trade and immigration issues will soon be forgotten in light of more nakedly pro-growth policies.

"The Trump administration is promising a strongly pro-business environment for many industries," said Tim Shirata, executive vice-president of money manager Guild Investments. "They argue that their proposed corporate and individual tax cuts, business-friendly administration, and decreased regulation will counterbalance their "buy American and produce in America' policies".  
The administration's apparent determination to repeal Barack Obama's signature Affordable Care Act, is another double-edged sword. Insurers such as UnitedHealthCare may benefit from a return to unfettered competition insurance, but hospital chains such as HCA, reporting earnings this week, could see more negative effects.

Consumer sentiment hit the highest level in decades in January, according to a University of Michigan poll. But rising mortgage rates are hurting home sales, which could be a sign that sentiment is peaking and the loss of insurance for millions of consumers in the event of an Obamacare repeal could be a further blow.

Analysts at brokerage Bank of America Merrill Lynch Global Research are advocating an "Icarus trade," betting that the soaring US stock markets will continue to fly higher until such time that the wax of speculation melts by getting too close to the sun of economic reality.
At that point, presumably, US stocks will follow the path of Icarus and Daedalus after their wings of wax came apart and come crashing back to earth.


This week, the flight to the sun is likely to continue, especially if companies such as social network Facebook and oil driller Exxon Mobil can produce stellar earnings.



Saturday, 28 January 2017

SINGAPORE SHARES FINISH HIGHER, STI NOW +6.4% FOR 2017


NEW US president Donald Trump's actions continued to dominate headlines this week, even if it now appears very likely that his "America First" campaign slogan will translate to protectionist trade practices and greater insularity that could damage the global economy.

Here, the return of some degree of "animal spirits" helped push the Straits Times Index (STI) past 3,000 on Jan 11 and has now enabled the index to cross 3,050, perhaps not that significant a milestone as far as chart technicians are concerned but certainly psychologically important.

On Friday, a 13.07 points rise for the STI took it to 3,064.85, though overall turnover was low even for a half-day session at 865 million units worth S$585 million. Excluding warrants, the advance-decline score was 172-144.

For the week, the index's gain was 53 points or 1.7 per cent, bringing its 2017 rise to 6.4 per cent.

Given recent weakness in the US dollar because of comments made by Mr Trump, the STI has vastly outperformed Wall Street - even if the latter is at an all-time high - with a 2017 gain of 7.7 per cent in US dollar terms versus 1.7 per cent for the Dow Jones Industrial Average.



Friday, 27 January 2017

HOT STOCKS FOR TODAY


THE following stocks had announcements that could affect their trading activity on Friday:

CDL Hospitality Trusts (CDLHT) reported a 3.3 per cent increase in its distribution per stapled security (DPS) to 3.11 Singapore cents for the fourth quarter ended Dec 31, 2016. Its gross revenue fell 3.6 per cent to S$48.33 million, weighed down by a weaker performance from the group's Singapore and Maldives properties, but this was offset by a revenue boost of S$2.8 million from Grand Millennium Auckland where the group benefited from a new lease structure.

Ascendas Hospitality Trust (A-H Trust) posted a 13.1 per cent jump in DPS to 1.64 Singapore cents for the third quarter, on the back of better performance of its portfolio of hotels in all markets except Singapore. Stronger Australian dollar and Japanese yen helped boost gross revenue and net property income for the quarter.

Business conditions in China took a toll on CapitaLand Retail China Trust (CRCT) with its net property income for the full year dropping one per cent to S$139.7 million in Singdollar terms, dragging down distribution per unit (DPU) for the full year by 5.2 per cent to 10.05 cents.

Mapletree Greater China Commercial Trust (MGCCT) also saw its net property income for Q3 ended Dec 31, 2016, fall 1.5 per cent to S$71.4 million from the same period a year before. Gross revenue for the period went down by 0.5 per cent year on year to S$87.8 million, mainly due to the depreciation of the yuan against the Singdollar as well as from lower revenue from office property Gateway Plaza as a result of the implementation of value-added tax. Its DPU for the third quarter slipped 4.1 per cent to 1.778 cents from the same period a year earlier.

Another SGX Market Penny Stocks of the Day:

  •          CAPITALAND
  •          THAIBEV
  •          ALLIANCE MINERALS

So Earning More on this Stock is profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY AA AT 0.041 TARGET 0.043, 0.045 SL 0.038 …
2. KLSE INTRADAY SIGNAL: MBSB AT 1.10 TARGET 1.15, 1.20 SL 1.04 …



Wednesday, 25 January 2017

SINGAPORE BANKS' NPL RATIOS HIGHER THAN THEIR GLOBAL PEERS'


OCBC has the highest proportion of overseas NPLs.

According to Moody's Investors Service, driven by the Singapore banks' diverse geographic mix, particularly in higher risk markets in other parts of Southeast Asia and Greater China, the banks’ NPL ratios are above those of their global peers, which tend to have limited operations outside their home markets.

"Among the three banks, OCBC has the highest proportion of NPLs due to its overseas (outside Singapore) exposures of 79% at end-September 2016, with the bulk of the NPL increases in 2016 belonging to oil services companies domiciled in Indonesia and Malaysia. In contrast, UOB has the highest proportion of NPLs due to its Singapore portfolio, driven by oil services borrowers, its sizable exposure to small- and medium-sized enterprises (SMEs), mortgage NPLs related to a fraud incident in 2014, as well as legacy NPLs in the shipping industry," adds Moody's.


  • YUUZOO
  • SINGTEL
  • GLOBAL LOGISTIC
  • SUNPOWER
So Earning More On These Stocks is profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY YUUZOO AT 0.145 TARGET 0.150, 0.155 SL 0.139  …
2. KLSE INTRADAY SIGNAL: BUY EMICO AT 0.290 TARGET 0.300, 0.310 SL 0.275  …




Tuesday, 24 January 2017

5 SECTORS WITHIN SGX THAT BEAT THE STI IN 2016


Investing in a market index such as the Straits Times Index (STI) is a common strategy among retail investors who are not intending to pick out specific stocks.

The general idea is that instead of trying to pick up a few winning stocks, investors can invest in the market as a whole through an STI ETF, and to enjoy the average return provided by the market.
But besides just choosing to invest in individual stocks, or to invest in the market index as a whole, should investors consider just investing in specific sectors itself? More importantly, what kind of returns would they get compared to investing in the market index.

In 2016, the STI gave its investors a return of 4%, inclusive of dividends. In today’s article, we will look at 5 sectors that easily outperformed the STI in 2016.

# 1 Consumer Staples: + 25.9%
Top of the list is the consumer staples sector, which delivered a return of 25.9% for 2016 (based on year end market capitalisation). Big companies within the sector that did well included Wilmer International (+25%), Thai Beverage PCL (+27%) and Golden Agri-Resources (+28%).
Other top performing companies within the sector included JAPFA, which ended the year with a share price of $0.91 after starting at $0.46 (+91%), and Super Group (+54%), which was the target of a buyout offer in 2016.

# 2 Materials: + 17.9%
The material sector did well with CNMC Goldmine H being the star performer in the sector delivering a return of 128%.
This shouldn’t come as a surprise given that 2016 saw a strong surge in gold prices, which of course directly impact CNMC’s as a gold mining company. The company saw its share prices increase from $0.19 on 1 Jan 2016 to $0.44 by 31 Dec 2016.
Other companies in the material sector that did well in 2016 include UPP Holdings (+71%) and Kingboard Copper Foil (+45%).

# 3 Information Technology (IT): + 14.5%
The IT sector delivered a solid return of 14.5% for 2016. Top performing companies within the sector included TPV Technology (+79%), UMS Holdings (+31%) and Venture Corp (+28%).
While there were big companies such as IFast Corp and Silverlake Axis that didn’t perform as well, an investor who diversified well across the sector would still be able to enjoy good gains in 2016.

# 4 Consumer Discretionary: + 11.4%
Consumer discretionary stocks saw good returns among bigger companies including Jardine Cycle And Carriage (+21%), Genting Singapore (+21%) and Shangri La Asia (+17%).

# 5 Industrial: + 11.2%
Companies within the industrial sector saw mixed returns with big companies such as Jardine Matheson (+19%), Jardine Strategic (+25%) and SATS Ltd (+31%) performing way above their peers. At the same time, there were companies such as Comfort Delgro (-16%), Yangzijiang (-22%), Sembcorp Marine (-19%) and of course, Noble Group (-44%), who didn’t performed as well.
As a whole however, the sector gained 11.2%.

The Upside Of Sector Rotations Appears More Attractive
Unlike the effect of qualitative easing following the global financial crisis in 2008/2009, where stock markets as a whole increase (e.g. STI went up 23% in 2012), it appears that investing in the right sector these days is important if investors want a higher return that then market index.
However, hindsight is obviously 20/20 and without the presence of a crystal ball, it would be difficult to know which sector would perform well in 2017. The top performers for 2016 may not be the same for 2017.
One important observation is that investors have to be well diversified even if they choose to invest in specific sectors itself. For example, even among top performing sectors, there are stocks that performed well while others saw a decline in price.
So even if you are bullish on particular sector(s), it’s still important for you to ensure that you are well diversified within the sector itself.

 SGX Market Penny Stocks of the Day:

  • NATURAL COOL
  • SUNMOONFOOD
  • HEALTHWAY MED
  • GENTING SING
  • GLOBAL LOGISTICS
So Earn More These Stock are profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY BANYAN TREE AT 0.520 TARGET 0.540, 0.560 SL 0.495  …
2. KLSE INTRADAY SIGNAL: BUY IFCAMSC AT 0.405 TARGET 0.420, 0.435 SL 0.385  …




Monday, 23 January 2017

STOCKS TO WATCH: CIT, AA GROUP, IHC


THE following companies had announcements that could affect the trading of their shares on Monday:

Cambridge Industrial Trust (CIT) announced on Monday that it has entered into an agreement with RBC Investor Services Trust Singapore Limited for the proposed sale of the remaining leasehold interest in a property located at Ubi for S$22.1 million, excluding divestment costs and application goods and services tax. The five-storey light property, located at 55 Ubi Avenue 3, has a gross floor area of about 141,135 square feet with a remaining land tenure of approximately 39 years.

AA Group Holdings announced on Monday that it has entered into a conditional sale and purchase agreement with Poh Huat Heng Corporation (PHH) to acquire the entire issued and paid-up share capital of Engineering Manufacturing Services and its subsidiary Germaxco for S$25 million.

This will be paid for in three ways: issuance of three-year redeemable, transferable, zero coupon bond by the company to PHH in the principal amount of S$7 million at completion, novation to the company of the S$11 million debt owing by PHH to Engineering Manufacturing Services, and cash payment of S$7 million to PHH within one month of completion.

International Healthway Corporation (IHC) will be holding its EGM on Monday, Jan 23, at 2.30pm, with two main resolutions to be considered: the removal of the four current directors who make up the entire board, as well as the appointment of three new directors.

SGX Market Hot Stock of the Day:
  • WILTON RESOURCES
  • TRENDLINES
  • SEMBCORP MARINE
  • ASL MARINE

So Earn More These Stock are profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY ASL MARINE AT 0.158 TARGET 0.164, 0.170 SL 0.152  …
2. KLSE INTRADAY SIGNAL: BUY DOLPHIN AT 0.415 TARGET 0.430, 0.450 SL 0.380 …




Saturday, 21 January 2017

SINGAPORE TO BENEFIT FROM HONG KONG TAX HIKE


Lower stamp duties in Singapore has made the city-state more attractive for Chinese investors.  
Singapore may benefit from Hong Kong’s recent increase in stamp duty for overseas property buyers, reported Bloomberg.

According to Cushman & Wakefield, Singapore’s three-year slump in house prices could end this year as foreign investors in Hong Kong are expected to divert their attention to Singapore instead.
“The fallout from the stamp duty could be beneficial for Singapore,” said Sigrid Zialcita, Managing Director for Asia Pacific Research at Cushman & Wakefield.

“Singapore is always seen as a place where you can preserve capital and we are expecting interest from foreign nationals to come back.”

Last November, Hong Kong raised its stamp duty for overseas buyers to 30 percent, making Singapore’s 18 percent rate more favourable, especially to mainland Chinese who are looking for overseas investments to protect them from a weakening yuan.

With this, analysts expect property values in Singapore to dip by just 1.5 percent this year, while secondary home prices in Hong Kong are forecast to drop by eight percent.

Desmond Sim, CBRE’s Research Head for Singapore and Southeast Asia, expects prices to stay flat or dip by up to two percent. Savills, on the other hand, has forecast a one percent increase in average home prices.

The city-state has seen housing prices fall by 11 percent since 2013, when the government rolled out its strictest property cooling measures.




Friday, 20 January 2017

SGX NET PROFIT UP 5.5% TO 88.3M IN Q2


Higher market levels of market activities are recorded in the past year.

Singapore Exchange (SGX) today reported net profit of $88.3m for 2Q FY2017, an increase of 5% from a year earlier, with revenue rising 3% to $199.6m and expenses unchanged at $97.2m.

Earnings per share was 8.2 cents and the Board of directors has declared an interim dividend of 5 cents per share, payable on 6 February 2017.

Loh Boon Chye, Chief Executive Officer of SGX, said, “Our results this past quarter reflect higher levels of market activities compared to a year earlier as the conclusion of the US Presidential Election and clarity on the interest rates environment brought participants back to the market. We successfully completed the acquisition of the Baltic Exchange during the quarter.”

Issuer Services revenue rose $0.3m or 1% to $19.5m, accounting for 10% of total revenue. 

Meanwhile, Securities Trading and Clearing revenue rose $5.5m or 12% to $52.1m, accounting for 26% of total revenue. Post Trade Services revenue rose $0.3m or 1% to $29.7m, accounting for 15% of total revenue. Market Data and Connectivity revenue also rose $1.6m or 8% to $23.3m accounting for 12% of total revenue.

On the other hand, Derivatives revenue declined $2.7m or 3% to $75.0m accounting for 38% of total revenue.

Loh foresees the uncertainty around future US policies to slow down Asian economies and influence trading activity going forward.

"We will continue to execute our strategy and diversify our revenues," he said.

SGX Market Hot Stock of the Day:
  • SUNMOONFOOD
  • MM2 ASIA
  • CIVMEC
  • ALLIANCE MINERAL

So Earning More on These Stocks are profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY ALLIANCE MINERAL AT 0.116 TARGET 0.121, 0.126 SL 0.110 …
2. KLSE INTRADAY SIGNAL: BUY SEAL AT 0.495 TARGET 0.515, 0.535 SL 0.470 …




Thursday, 19 January 2017

SINGAPORE IN TOP 10 OF MOST EXPENSIVE CITIES TO RELOCATE


SINGAPORE has come in as the eighth most expensive city in the world to move to, with a basic first month living cost of US$2,148.45, according to the 2017 Relocation Price Index.

In a study by online moving platform Movinga, it was found that Luanda, Angola had the highest first month's basic costs, ahead of New York and San Francisco. This was followed by Zurich, 
London, Hong Kong and Sydney. Tokyo came in behind Singapore at ninth place, with Seattle rounding off the top 10.

When it comes to the average relocation costs, Singapore comes in at sixth position at US$2,093.18.
The index calculates the basic costs associated with the first month of living in a new city. 

Calculations include the average rent for a 35 sq m apartment close to the city centre, the cost of a month's data plan and set-up for a mobile phone, food and drink for a month, and a month's use of city public transport.

The research includes 75 cities in 51 countries globally.

SGX Market Hot Stock of the Day:

  • AA
  • ALLIANCE MINERAL
  • MERMAID MERITIME
  • EQUATION
So Earning More On These Stocks are profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY AA AT 0.042 TARGET 0.044, 0.046 SL 0.039  …
2. KLSE INTRADAY SIGNAL: BUY SILKHLD AT 0.460 TARGET 0.480, 0.500 SL 0.435  …




Wednesday, 18 January 2017

SINGAPORE ON TRACK FOR MODEST GROWTH AMIDST GLOBAL HEADWINDS: MAS


GDP will expand by 1-3%.

The local economy is expected to continue on its modest pace of expansion this year, Monetary Authority of Singapore Managing Director Ravi Menon said in a speech.

On the global front, Menon noted that chances are that growth will be slightly higher this year compared to the last.

However, some caution is still warranted as there remains considerable uncertainty as to the actual policy changes in store, which may not pan out as expected.

"Strong showing in the last quarter of 2016 indicates that the Singapore economy retains the capacity to ride on cyclical upswings in demand for our exports. That is not to say that all is well. Economic restructuring remains work-in-progress and we need to do more to raise productivity growth," Menon said.

"Singapore will not be immune to the global tightening of financial conditions, volatility in capital flows, and potential stresses in the regional corporate sector. But our macro fundamentals are sound and we will weather these storms. And as we continue to invest in the future – in skills, in technology, and in infrastructure, we will emerge a stronger and more dynamic economy," he added.

SGX Market Hot Stock of the Day:

  • BEST WORLD
  • EZION
  • YING LI INTL
  • NATURAL COOL
So Earn More These Stock are profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: SELL NATURAL COOL AT 0.162 TARGET 0.157, 0.152 SL 0.168…
2. KLSE INTRADAY SIGNAL: BUY KFM AT 0.195 TARGET 0.205, 0.215 SL 0.180 …




Tuesday, 17 January 2017

SINGAPORE SHARES CONTINUE TO FALL


SINGAPORE shares continued to fall on Tuesday with the Straits Times Index (STI) down 4.59 points or 0.15 per cent to 3,008.53 at 9.21 am.

Some 156.6 million shares worth S$69.5 million changed hands with gainers beating losers 76 to 71.
Singtel, ComfortDelGro and ThaiBev were among the most active stocks at the opening bell.

On Monday, the STI ended 11.95 points or 0.4 per cent lower at 3013.12, taking the year-to-date performance to +4.52 per cent.

SGX Market Hot Stock of the Day:
  • QIAN HU
  • GLOBAL LOGISTIC
  • SPACKMAN
  • FU YU
So Earning More on These Stocks is profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY FU YU AT 0.205 TARGET 0.215, 0.225 SL 0.190 …
2. KLSE INTRADAY SIGNAL: BUY HIBISCS AT 0.470 TARGET 0.490, 0.510 SL 0.445 ..




Monday, 16 January 2017

SGX QUERIES LIONGOLD ON HIGH TRADING ACTIVITY


SINGAPORE Exchange (SGX) on Monday morningqueried Liongold Corp on the unusual volume movement of its stock.

It asked if the company was aware of any explanation for the share movements, adding that this is the third query issued in the past five months.

As at 9.40 am, Liongold was the most active stock with more than 843 million shares traded. At 9.58 am, it was trading at S$0.002, up S$0.001.

The last query was issued on Aug 22 last year after its stocks topped the volume chart with hefty trading of 394.1 million shares.

This was after one of its directors Md Wira Dani Abdul Daim stepped down as non-executive director when he was made a bankrupt in Singapore.

SGX Market Hot Stock of the Day:

  • EQUATION
  • BEST WORLD
  • QIAN HU
  • EZION
So Earn More These Stock are profitable for Intraday & Contra Day Trader.


Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY QIAN HU AT 0.163 TARGET 0.168, 0.173 SL 0.157 …
2. KLSE INTRADAY SIGNAL: BUY EWEIN AT 0.735 TARGET 0.765, 0.795 SL 0.700 ..



Saturday, 14 January 2017

STI GAINS 1% ON FRIDAY, 2% FOR THE WEEK


IT was a Trump reflationary play that helped the Straits Times Index on Tuesday regain the 3,000 mark lost since early November 2015, and it was Trump-related disappointment that dragged the STI below that level two days later on Thursday.

On Friday however, the index managed to regain it when it jumped 32.07 points or one per cent to 3,025.07, albeit in mediocre volume of S$1.7 billion units worth S$1.1 billion and with more than a hint of short-covering in the air. Excluding warrants the advance-decline score was 239-198 - much closer than the index's strength would suggest.

The Dow futures on Friday traded about 20 points higher during the day but stood only 8 points up at 5pm. For the week, the STI gained 60 points or 2 per cent.




Friday, 13 January 2017

SINGAPORE SHARES OPEN FLAT ON FRIDAY


SINGAPORE shares opened flat on Friday with the Straits Times Index (STI) up 7.38 points or 0.25 per cent to 3,000.38 at 9 am, following gains in Tokyo.

Some 48.3 million shares worth S$45 million changed hands with losers beating gainers 55 to 47.
AA, Artivision Tech and Noble were among the most active stocks at the opening bell.

This week, the benchmark STI broke through 3,000 points for the first time in 14 months.

SGX Market Hot Stock of the Day:
  •         GOLDEN ENERGY
  •         ANCHOR RESOURCES
  •         NOBLE
  •         NATURAL COOL


So Earning on these Stock is profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY CITYNEON AT 0.920 TARGET 0.955, 0.990 SL 0.895 …
2. KLSE INTRADAY SIGNAL: BUY ICON AT 0.435 TARGET 0.450, 0.465 SL 0.415 ..




Thursday, 12 January 2017

SINGAPORE SHARES OPEN FLAT ON THURSDAY


SINGAPORE shares opened flat on Thursday with the Straits Times Index (STI) up 13.88 points or 0.46 per cent to 3,014.82 at 9.01 am, following gains in Europe and the US.

Some 49 million shares worth S$86 million changed hands with gainers beating losers 75 to 35.
AA, GLP and Noble were among the most active stocks at the opening bell.

On Tuesday, the benchmark STI broke through 3,000 points for the first time in 14 months.

SGX Market Hot Stock of the Day:

  •          GLOBAL LOGISTIC
  •          NATURAL COOL
  •          PARKSON RETAIL


So Earn More These Stock are profitable for Intraday & Contra Day Trader.


Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY BUY HALCYON AGRI AT 0.685 TARGET 0.710, 0.735 SL 0.660 …
2. KLSE INTRADAY SIGNAL: BUY MBSB AT 1.04 TARGET1.08, 1.12 SL 0.99...



Wednesday, 11 January 2017

STOCKS TO WATCH: EMAS OFFSHORE, NATURAL COOL HOLDINGS, ITE ELECTRIC


THE following companies made announcements before the market opened on Wednesday that could affect the trading of their shares:

EMAS Offshore Limited, a subsidiary of Ezra Holdings and a dual-listed company in Singapore and Norway, on Wednesday posted a net loss of US$2.2 million for the quarter ended Nov 30, 2016 (Q1 2017), on continual weakness in the offshore oil and gas industry.

This compares to a net loss of US$3.2 million a year ago.

For Q1 2017, the offshore services provider saw a 15 per cent year-on-year fall in revenue from US$49.7 million to US$42.5 million, due to lower demand for offshore support vessels.

Natural Cool Holdings announced after market close on Tuesday that it had on Monday received notice of an intention to call for an extraordinary general meeting (EGM) to remove Joseph Ang as executive chairman, and to replace the entire board with the exception of chief executive officer Tsng Joo Peng.

This is the second attempt to remove Mr Ang and the board, and made by the same two shareholders Ong Mun Wah and Edi Ng. Mr Ong and Ms Ng had called for an EGM on Dec 22 to revoke the board's share issuance mandate, and another EGM on Dec 12 to remove Mr Ang as executive chairman. The latter had survived the ouster attempt by a fairly narrow margin of votes.

ITE Electric Co has entered into a conditional share placement agreement to issue 63.4 million new shares at S$2.97 million or 4.68 Singapore cents per share to three companies and 17 individuals.
The rationale for the proposed placement is to increase the company's resources to improve its cash flow and pursue acquisition or business opportunities.

The company has requested to lift the trading halt on Wednesday.

Other SGX Market Hot Stock of the Day:

  • NATURAL FOOD
  • JUMBO
  • CAPITACOM TRUST
  • NOBLE
  • EZION
So Earning on this Stock is profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY NATURAL COOL AT 0.135 TARGET 0.140, 0.145 SL 0.130  …
2. KLSE INTRADAY SIGNAL: BUY NOTION AT 0.650 TARGET 0.675, 0.700 SL 0.620 ..



Tuesday, 10 January 2017

STI RECORDS FIFTH CONSECUTIVE RISE


THE Straits Times Index advanced for the fifth consecutive trading session on Monday, gaining 18.91 points at 2,981.54, most likely in response to Friday's US jobs report that raised the likelihood that Wall Street would enjoy a decent Monday itself, with hopes that the Dow Jones Industrial Average might close above 20,000 for the first time ever.

That this might be the case was the signal from the futures market where the Dow futures traded in positive territory throughout local trading hours. At 5pm however, it had dipped marginally into the red.

The STI's rise takes its 5-day total to just over 100 points or 3.3 per cent. Overall volume, however, remained weak at 2.1 billion units worth S$881.2 million, versus S$1.14 billion on Friday. There were 265 rises versus 177 falls, excluding warrants.

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Monday, 9 January 2017

An Investor’s Quick Guide To Hong Leong Finance Ltd, A Stock Near A 52-Week Low

Hong Leong Finance Ltd (SGX: S41) is an organization with a stock value that is as of now almost a 52-week low.

This provoked me to delve further into the organization. Furthermore, here are a portion of the vital things I found.

Center business:

Hong Leong Finance, as its name recommends, gives money related administrations. It has a suite of individual store and investment funds items; corporate and shopper credits; corporate back promotion admonitory administrations, and that's only the tip of the iceberg.

At the end of the day, Hong Leong Finance's plan of action is one that nearly takes after Singapore's residential banks, for example, DBS Group Holdings Ltd (SGX: D05).

Advance profile:

The lion's share of Hong Leong Finance's salary (wage for a monetary administrations organization is undifferentiated from income) originates from the organization obtaining cash from contributors and loaning the cash out. In 2015, 93% of Hong Leong Finance's aggregate pay originated from net intrigue salary.

All things considered, to comprehend the organization, it's key that we comprehend its advance portfolio. The diagram underneath demonstrates the sort of credits Hong Leong Finance had in its portfolio in 2015 and 2014:

The following graph demonstrates the organization's client credits ordered by industry:

From the two diagrams over, one thing is clear about the organization's advance portfolio: The larger part of its advances are presented to the property segment (up to 82% in 2015). Accordingly, the strength of the property division in Singapore could significantly affect the organization's benefit.

Ceaseless productivity in the course of the most recent 10 years.

A long, strong history of gainfulness is a decent piece of information – however not really a guarantee – on an organization's future productivity.

In Hong Leong Finance's case, it has figured out how to stay beneficial throughout the most recent 10 years. This incorporates the time of the immense retreat from 2008 to 2009.

Profit history:

Much the same as an organization's reputation of creating benefits, an organization's profit history is additionally a decent sign – however not a certification – on how its profits later on could resemble.

Hong Leong Finance has figured out how to reliably pay a yearly profit since no less than 2005. That being said, the organization's profit payouts were much higher in the years before the immense subsidence of 2008/09 because of different exceptional profits seen in 2005 to 2007.

To the point, Hong Leong Finance's yearly profit per share (counting uncommon profits) from 2005 to 2007 had arrived at the midpoint of S$0.307; from 2013 to 2015, the organization's profit found the middle value of at "just" S$0.11 per share.

Regardless, at the organization's present share cost of S$2.17, it has a yield of 5.1% because of its 2015 profit of S$0.11 per share. That is higher than the market's yield of 3%.
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THE following companies made announcements before the market opened on Monday that could affect the trading of their shares:

SEMBCORP Marine said that a standstill agreement between its unit Jurong Shipyard and North Atlantic Drilling has been further extended to July 6, 2017. The agreement is for the delivery of a semi-submersible drilling rig, the West Rigel.

Sembcorp said that during the standstill period, North Atlantic Drilling will continue to market the West Rigel for an acceptable drilling contract and Jurong Shipyard will have the right to sell the rig at an acceptable price.

LUM Chang Holdings said that its unit Lum Chang Orion has completed the disposal of interest in two subsidiaries. Lum Chang Orion had on Friday sold 11.4 million shares in Pembridge Palace Holdco (PPHL) to ITC Investment & Technology Group Companies. PPHL, through its unit Pembridge Palace Propco Limited, owns the freehold interest in a London hotel located at 52 to 57 Princes Square.

According to an announcement last month, the sale was for £13.78 million (about S$24.47 million). The transaction was expected to generate a net gain of £2.6 million.
Following the completion of the sale, PPHL and Pembridge Palace Propco Limited are no longer subsidiaries of Lum Chang Orion and Lum Chang Holdings.

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