For OUE Limited stock, the 100-Days Moving Average seems strong as a resistance; I am not sure how convincingly the stock could break beyond this resistance for some possible upside.
For Yangzijiang Shipbuilding (Holdings) Limited stock, its stock price is flirting with the 100-Days Moving Average too. On the fundamentals side, I do not like shipbuilding stocks, at least for now.
Thursday, July 7, 2016
Monday, June 8, 2015
I read the report “State of the Slates” of Part D of the Straits Times of 6 June 2015 with much interest. Of the likely New PAP faces, there are two who are the current management figures of SGX-listed companies. They are Chong Kee Hiong, Chief Executive of OUE Hospitality Trust and Cheng Li Hui, Deputy Chief Executive of Hai Leck Holdings, an engineering, procurement and construction services company. The report is quite an interesting read so much so that even potential ministerial candidates were mentioned, for this I trawled the internet for more details and am glad that there is a comprehensive one at this link.
Monday, January 13, 2014
OUE C-Reit will be launching its IPO at a price of $0.80 per share based on the preliminary prospectus lodged with the Monetary Authority of Singapore (MAS). OUE Reit will comprise two properties: the OUE Bayfront property (which include the OUE Bayfront property, the OUE tower and the OUE link) in Singapore and also the Lippo Plaza property in Shanghai, China. I really think that there are too many Reits in the Singapore stocks markets. Not only do we have more and more Reits listed in Singapore, I think we are having more and more companies spin off their assets as various forms of Reits. Take for example, F&N: F&N now has its own Reits after spinning off; SPH has also its own Reits and for OUE, OUE C-Reit is not the only Reit under OUE; OUE Hospitality Reits was the first Reit under OUE.
On 2 Feb 2017, I blogged about Asian Pay Television Trust (you can read the post here ) , then the stock was trading at $0.405 and ye...
The Singapore stocks market is currently rife with penny stocks plays. Some investors view penny stocks play, especially those with no g...
The three local bank stocks: DBS, OCBC and UOB have fallen off their highs ever since the episode of Ezra which renewed concerns over t...
There are two blue-chip stocks which are currently oversold. Pardon me, if the two stocks that I am going to present next are not blue...
Jumbo since reaching an all-time high of $0.78 has retreated as investors rotated between penny stocks play. Jumbo stock closed at $0.71...
I watched the TV interview with Mr Sam Goi last Sunday on Channel 8 under the third season of the episode "Hear me Out". In th...