Wilmar bias upside after reaching close to $3 supportWilmar bias upside after reaching close to $3 support. Showing bullish divergence. Worth nibble Target around $3.32 - $3.40Longby probabilityta0
Haw Par All Time HighHaw Par is one of the main shareholders of UOB and UOL Group. While Singapore bank stocks are reaching all-time highs, the investment holding company behind them is the direct beneficiary. The technical chart shows that Haw Par has broken through the resistance. Let's see whether the share price sustain. Longby ZhengQian1
SATS is testing the $2.93 resistance levelSingapore's aircraft food supplier and airport service provider, SATS, has posted strong financial results, including a positive PATAMI (Profit After Tax and Minority Interests) after completing its acquisition of Worldwide Flight Services (WFS) and integrating it into the fiscal year. This was followed by a significant reduction in liabilities due to debt restructuring. Investors are eagerly waiting for SATS to resume paying dividends as it has done in the past. With global travel demand returning to normal, SATS' share price has started to recover, supported by improving financials. Is now a good time to buy? Longby ZhengQian110
Chart update for ISDNWe will have an upcoming 1H results in August. Here's my analysis. I believe 1H will be good, based on the following: 1. 1H historically always do better than 2H, except 2021 but that’s because of property sales proceeds in Q3. 2. 3 hydros running full steam compared to 1H 2023. 3. semicon has bottomed off and should be better than 2H 2023, which itself registered a gain compared to 1H 2023. 4. China has been improving sequentially from 1H 2023 to 2H 2023. And I see caixin PMI figures running on expansion 6 months continuously (Jan - Jun 2024), ISDN China should see good figures. 5. Yuan has stopped the decline from 2H 2023, meaning we will not see any meaningful fx depreciation 6. Low base of 1H 2023 at $4.5m profit.Longby CedricYang2
SINOSTAR PEC Analysis 6/25Disclosure: As of 6/24 I am long SINOSTAR PEC SGX:C9Q Sinostar PEC is a Chinese Petrochemical company listed on the Singapore Stock Exchange. They operate through central and northern China. Their main operation is to extract LPG (Liquefied Petroleum Gas) and process it to sell to manufacturers for fuel, scientific, and industrial purposes. ***Please Note: There are many aspects to their operations that any potential investor should know by reading the company's annual report, and of course none of this is to be taken as financial advice.*** - Management effectiveness: The company operates in a cyclical industry and has been consistently growing and profitable since 2014. The return on equity is consistently in above 10% and revenue growth looks stable. Margins have compressed in the last few years (Part of the whole cyclical thing), but that is exactly why I am looking now. Because the craziest thing about this company is the next section. - Valuation: The company is currently trading at 0.3x Book Value. Price/Earning Ratio of 1.7. Price/Cash Flow of 0.69. You may ask yourself why is the valuation so low? I asked the same thing and can think of risks, but they are all well compensated for in the valuation. The company has a healthy capital position and positive tailwinds. It is always important to consider the risks of currency fluctuations, inflation, increasing cost of goods. -Summary: Sinostar PEC seems to be a well run company with quality management, trading at very low prices. If you are looking for exposure to the Chinese economy and are comfortable with the risks (Currency fluctuation, Cyclicality, Liquidity, +more). This is one to research and consider. CLongby sihen999Updated 334
Genting Singapore Share Price Perform Below ExpectationsGenting Singapore, a recovery play and tourism-themed company share price have dropped to $0.87. Markets had high expectations due to a strong QR, the rise of upcoming Chinese tourists, and the opening of Minion Land. However, the share price moved toward opposite direction. Institutional investors are selling, while retail investors keep buying. What’s next?Shortby ZhengQian1
ComfortDelgro From Transportation to mobilityComfortDelgro have gone through a lot post covid manic. With transportation industry badly impacted by restriction and later by the input costs inflation, impacting badly the financials. leading to removal from the STI Index. The tide is changing with company taking all the steps to make a strong comeback. Inflation adjusted fare is now giving the tailwind to the companies. Technically, The stock is in upward momentum visible from the moving average. Momentum looks stronger to rally to 1.80 over next year or so with consolidation happening at few levels to give it a push. by spiritedDingo47834Updated 4
Averaging down DBS sharesit has dropped about 17% from its peak and currently there are 2 support level to watch. It could rebound from here so I like to buy some shares but if it falls further to the 2nd level, then I will add some more. The important thing is it must stay above the bullish trend line. Longby dchua1969Updated 1124
OCBC forecast Hold for ocbc banks, low risks Strong Financial Performance, OCBC maintained strong financial performance, with solid profitability, healthy balance sheets, and robust capital adequacy ratios. This financial strength provides a foundation for sustainable growth and resilience during economic downturns.Longby haydenwong1999331
Next big wave comingFundamental and technical reasons align. With the announcement of plan-of-record from big customer on the 3rd April, management may upgrade guidance soon. The base risk price is $2.3 fundamentally, and with semicon recovery in sights, this may get an upgrade soon.Longby CedricYang3
ST Engineering Break $4 - Is it a Good Buy?ST Engineering's share price finally breaks $4, records a 52-week high at $4.04 today. From what I saw on Moomoo forum. The break out signals has captured investor attention excited them for a trading opportunity. In fundamental speaking, ST Engineering has demonstrated robust performance. Its annual revenue surpassed $10 billion, marking a 12% increase from the previous year. Net profit also saw a healthy growth of 10% to $586 million. The debt reduced by 7% records a a lower debt-to-EBITDA leverage ratio of 5.2 to 4.2. Notably, the commercial aerospace segment experienced remarkable 31% revenue growth, surpassing the 2026 target. The order book stands strong at $27.4 billion, with $7.9 billion expected to be delivered in 2024. Benefits from regional confrontation? The increasing of the global arms conflicts has strengthen the demand for military supplies, leading to record-high military budgets and spending for countries like the USA, China, Japan, Singapore, Poland, etc. To be noted that: ST Engineering isn't a pure play defence player, like Raytheon and Lockheed Martin. The management's have restructure the business segment from 5 to 4 with emphasis on city solutions and ICT. Would you buy ST Engineering? Let's discuss Longby ZhengQian222
Beng Kuang form a Ascending Triangle chart patternBeng Kuang form a Ascending Triangle chart pattern: Buy Entry Price: $0.081 Target Price $0.087 Stop Loss Price:$0.075 Bby minichartsg0
Price Peak Show Up After Denies Optus Sales' RumorPrice in 5 mins shows unreasonable price & volume formed. Despite high volume traded intraday, but the stock price stays within the range. This could mean the "Jedi" are holding the price up while churning volume to looks good to the public. From our analysis, we find these price movement a price peak & a possible short term retrace is building up. Which going for a short DLC, $Singtel 5xShortSG241218(DVZW.SI) will make more sense for us. This is just our short term view based on our analysis. You might like to share your view with us in the comment too! MAY THE FORCE BE WITH US! About our analysis : Utilizing the dynamic insights from a 5-minute chart. By closely examining this timeframe, we dissect the intricate volume and price transactions of significant market players. Our aim is to identify short-term support and resistance levels, enabling informed trading decisions. Through this meticulous analysis, we decipher price patterns and trends, providing valuable guidance for traders navigating the fast-paced realm of stock trading. Disclaimer: The information provided in this post is for informational purposes only and should not be considered as financial or investment advice. Any action you take upon the information in this post is strictly at your own risk. We are not responsible for any losses or damages that may occur in connection with the use of this information. Always do your own research and consult with a qualified financial advisor before making any investment decisions. The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of any other agency, organization, employer, or company. #shorttermtrading #SGX #demandsupplytrade #pricevolumeanalysis #roundnsurge #DLC #shorttermtrading #dailyleveragecertificates #singtel #shortShortby ROUNDnSURGE89111
UD2-SG is in LT sideways. Now it is at lower band.UD2-SG is in LT sideways. Now it is at lower band. It maybe a good mean reversion setup. tp 0.34 0.49. However, it may take a while to realise profit. #ARTTpick #KebayaTraderLongby calvincychin0
AIY is on uptrend channel. It is approaching channel lower band.AIY is on uptrend channel. It is approaching channel lower band. Monitor for possible reversal up signal. #ARTTpick #KebayaTraderLongby calvincychin220
Sembcorp is turning bullishSembcorp is turning bullish Buy Entry price $5.05 First upside target price:$5.39 Second upside target price:$5.5 Stop loss price:$4.91by minichartsg0
We are back!! $SIA(C6L.SI) Showing sign of bottomHas been away awhile from here! Hope everyone is doing well in the stock market! Let's dive into our analysis on SIA C6L Recent fall shows signs of volume supporting the price at the previous low in the 5 mins chart (yellow box). With price moving slightly higher could be a sign of short term rebound is on the way. Our trading method: Taking advantage to this possible short term rebound & maximizing the returns with our low exchange rate of MYR to SGD, we look into SIA's DLC issue by #societegenerale, TSX:SIA 5xLongSG250709(DZTW.SI), long position due to lower outstanding%, lower DLC price, & more sensitive to the underlying securities. @roundnsurge Share your view about TSX:SIA (C6L.SI) in the comment section. About our analysis : Utilizing the dynamic insights from a 5-minute chart. By closely examining this timeframe, we dissect the intricate volume and price transactions of significant market players. Our aim is to identify short-term support and resistance levels, enabling informed trading decisions. Through this meticulous analysis, we decipher price patterns and trends, providing valuable guidance for traders navigating the fast-paced realm of stock trading. Disclaimer: The information provided in this post is for informational purposes only and should not be considered as financial or investment advice. Any action you take upon the information in this post is strictly at your own risk. We are not responsible for any losses or damages that may occur in connection with the use of this information. Always do your own research and consult with a qualified financial advisor before making any investment decisions. The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of any other agency, organization, employer, or company. #shorttermtrading #SGX #demandsupplytrade #pricevolumeanalysis #roundnsurge #DLC #sia #dailyleveragecertificatesLongby ROUNDnSURGE890
Buy OCBC @ $12.60Encountering strong resistance and rejection from $13 strong psychological level now Expecting a pullback to support Buy point 12.6 Buy and accumulateLongby Gold_D_RogerUpdated 110
Buy into DBS Double bottom DBS established a strong support zone at the $31.6 mark Double bottom structure played out nicely MACD @ oversold Consider this a pretty safe buy entry for accumulations Personally, I bought in at @ $31.9Longby Gold_D_RogerUpdated 112
Fundamentals and Weekly Technical align.ISDN just released its full year, though numbers are disappointing, the company mentioned that they had been re-investing heavily during down time to capture market share. With yuan bottoming, semicon seeing a pick up in 2H 2024, and Chinese advanced manufacturing boom for the foreseeable future, I expect a stella FY 2024 from low base of FY 2023. Technical wise, there is 3 supports that forms a good bullish divergence on MACD. Breaking the downward sloping resistance may see the price rebound to $0.415 before more upside.Longby CedricYang3
DBS - Potential Bullish MomentumSGX:D05 has shown bullish setup after recent correction.Longby wealth_compass0
Price target for G Invacom(SGX:QS9)?On February 19, G Invacom’s chart broke out of a classic triangle chart pattern, which would be considered a strong break if it closes at $0.055 or higher. In a previous instance, when the chart broke down from a descending triangle on November 19 of last year, the price dropped by 22% to reach its lowest point. Similarly, when the price broke down from a triangle pattern on August 14, 2022, it fell by 30% over the next two months. Therefore, it’s possible that the price may rise again if G Invacom’s price breaks above the triangle chart pattern today. As the price broke above the chart pattern, the stochastic indicator also moved above the 50 mark on both the daily and weekly charts. Additionally, on September 5 of last year, the price also broke above a classic chart pattern on the weekly chart, and the uptrend has been intact since then. Price target for G Invacom By conducting a Fibonacci projection from the bottom of the chart pattern to the breakout point, the first target price for this breakout would be $0.066, followed by $0.079. This could potentially provide traders with a return of 23% to 47% over the next few weeks to three months. On the downside, a stop-loss order could be placed at $0.041, providing a 1:1 risk-reward ratio based on just the 50% Fibonacci projection target price. Overall, this appears to be a favourable trade setup if traders enter a long trade based on the current price.Longby minichartsg0