Thursday, February 23, 2017

WHY the STI ETF might still be ATTRACTIVE?


STI ETF, Singapore Stocks
Dear readers, if we look at the Singapore stocks benchmark indicator STI, it is currently hovering around the 3,100 mark. The STI benchmark is made up of the top 30 companies in terms of market capitalization. If we compare the STI benchmark across a continuum, the range is from below 2,000 (corresponding to stocks markets downturns) to above 3,000. Then, if we look at the constituent stocks of STI, what can we infer? As answers, let me just cite a few examples. Golden Agriculture traded at a high of $0.80 plus before, look at its stock price now. In a similar vein, compare Sembcorp Marine stock price to its price in the heydays ($5 per share). And there are other similar blue-chip stocks trading at laggard prices now. Like Sembcorp Industries stock, Starhub and others.  

Tuesday, February 21, 2017

WILL THESE TWO OVERSOLD BLUE-CHIP STOCKS RALLY NEXT?

Starhub stock, Singpost stockThere 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-chips in your definition. It is understandable since in today’s stocks markets, what have been blue-chips might no longer be blue-chips. Take for example, Sembcorp Marine stock. In its heydays, Sembcorp Marine stock traded at over $5 a share and compare this with its current stock price.

Monday, February 20, 2017

SINGAPORE BUDGET 2017


Singapore Budget 2017
Without a doubt, retail investors and fellow Singaporeans will be looking forward to the details of Singapore Budget 2017 to be delivered by Finance Minister Mr Heng Swee Kiat later today, 20 Feb 2017. The budget is expected to be one which will provide more details on how the government will allocate resources to transforming the current Singapore economy into the future economy envisioned in the Committee of Future Economies (CFE) Report. Singapore’s economy while doing still not badly is not doing very well neither and hence the CFE report on how Singapore can find its place in the future world which is marked by macro political and economical uncertainties not seen in a long time; carve a niche and continue to sustain a good economy with good jobs for its people. The CFE report also comes at a time where the TPP, which is widely believed to be beneficial for trade-dependent Singapore was not endorsed by US President Trump.

Sunday, February 19, 2017

Interview with King of Popiah, Mr Sam Goi

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 the previous season, I watched the interview with CEO of Sheng Siong and was impressed. You can revisit the post which I have created arising from watching the interview here . For this episode, I have looked forward to being impressed once again by one of the richest men in Singapore and hope to learn something from Mr Sam Goi.

Saturday, February 18, 2017

DBS, OCBC, UOB stock: which is a GOOD BUY?

DBS STOCK,UOB STOCK, OCBC STOCKThe three local bank stocks: DBS, OCBC and UOB have fallen off their highs ever since the episode of Ezra which renewed concerns over the banks’ non-performing loans to the O&G sector ever since the Swiber fallouts.

OCBC stock currently traded at $9.52, down by 2.36% from the stock’s 52-week high of $9.75. The consensus target price based on SGX website is $9.612 which means an upside of 0.97% from OCBC’s current stock price.

Will You Buy these stocks NOW?

Jumbo, Starhub, Alliance minerals, GSS, Penny stocks, 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 today, a 8.9% decline from the all-time high. Currently, Jumbo stock is oversold. Will Jumbo stock rebound? Or will Jumbo stock head further south?

Friday, February 17, 2017

WILL THIS HIGH DIVIDENDS, UNDERVALUED STOCK RALLY FURTHER?


Asian Pay Television Trust
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 yesterday the stock closed at $0.455, a more than 12% upside. Then Asian Pay Television Trust traded at a Price-to-Book ratio of 0.481 and with a dividends yield of 17.59%. With yesterday’s closing price, Asian Pay Television Trust still traded at an attractive Price-to-Book ratio of 0.511 and a dividends yield of 16.57%. In the previous post, I have mentioned that the technical indicators were pointing to a bullish reversal and we now know that indeed that was true.

Thursday, February 16, 2017

Another MULTI-BAGGER STOCK in the MAKING?

Moya Asia stock
The Singapore stocks market is currently rife with penny stocks plays. Some investors view penny stocks play, especially those with no good fundamentals as risky. There is definitely truth in the above. However, there is no denying that certain penny stocks in the Singapore stocks markets have become multi-baggers quietly while the Singapore stocks markets benchmark STI respond up and down with the macro environment.

Wednesday, February 15, 2017

Are these TWO stocks the NEXT MULTI-BAGGERS?

Noble Group stock
Yesterday, the STI went south by 1.26%. I am not surprised since profits taking have to take place once the US and Singapore stocks registered record new highs. What is in vogue now in the Singapore stocks markets, beside earnings announcements are what I called stocks rotation. In December last year, stocks with most interest are blue chip stocks like banks. Since the Ezra episode, bank and blue-chip stocks have faltered replaced with so called growth stocks the likes of Jumbo, Bestworld and MM2 Asia. These have since also been rotated to a new bunch of popular stocks. Watch out for Noble Group, Singapore Edevelopment stock as they transcended new highs each day from a low base.
Related Posts Plugin for WordPress, Blogger...

Popular Posts

Total Pageviews