tag:blogger.com,1999:blog-63362264089517816642024-02-19T00:03:17.805-08:00Singapore Stock MarketNo Time, No Software, No Experience, No Skill, No Problem! If you have looking for an intelligent way to day trade the stock market. We share our trading plan before the stock market open.Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.comBlogger138125tag:blogger.com,1999:blog-6336226408951781664.post-9681281495712144702017-03-23T04:36:00.000-07:002017-03-23T04:36:00.351-07:00TECH TARGETS: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB<div dir="ltr" style="text-align: left;" trbidi="on">
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<strong style="box-sizing: inherit;">EUR/USD: Neutral: Odds for a move above 1.0870/75 are not high.</strong></div>
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<a data-mce-href="https://masiatrade.files.wordpress.com/2017/03/0f32f-bull-bear_41_fxpig-1.jpg" href="https://masiatrade.files.wordpress.com/2017/03/0f32f-bull-bear_41_fxpig-1.jpg" style="border-bottom: none; box-sizing: inherit; color: #555555; text-decoration: none;"><img border="0" class="alignright" data-mce-src="https://masiatrade.files.wordpress.com/2017/03/0f32f-bull-bear_41_fxpig-1.jpg?w=225" height="200" src="https://masiatrade.files.wordpress.com/2017/03/0f32f-bull-bear_41_fxpig-1.jpg?w=225" style="border: 0px; box-sizing: inherit; display: block; float: right; height: auto; margin: 0.5em 0px 1.5em 1em !important; max-width: 100%;" width="200" /></a></div>
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The 1.0825/30 level that we have talked about since Thursday was finally met with an overnight high of 1.0825. Shorter-term upward momentum is slowing down and while a move above 1.0825/30 would not be surprising, the odds for a break above last December high of 1.0870/75 are not high. Support is at 1.0745 but only a move back below 1.0715 would indicate that a short-term top is in place.</div>
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<strong style="box-sizing: inherit;">GBP/USD: Bullish: To take half-profit at 1.2545/50.</strong></div>
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GBP hit an overnight high of 1.2507 before closing on a strong note. The bullish phase that started on Monday is still intact. However, from a shorter-term perspective, the rally appears to be running ‘too fast, too soon’ and those who are long should look to book half-profit at 1.2545/50, just below the 1.2570 high seen in late February. Stop-loss is unchanged at 1.2340.</div>
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<strong style="box-sizing: inherit;">AUD/USD: Neutral: In a 0.7600/0.7730 range.</strong></div>
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There is not much to add as we continue to view the current movement as part of a 0.7600/0.7730 consolidation phase even though the immediate bias is for a probe lower towards the low end of the expected 0.7600/0.7730 range. Looking further ahead, as long as there is no sustained drop below 0.7600, we expect the current consolidation to be resolved to the upside.</div>
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<strong style="box-sizing: inherit;">NZD/USD: Neutral: In a 0.6950/0.7090 range.</strong></div>
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As highlighted yesterday, NZD has likely made a short-term top at 0.7090 earlier this week. The current price action is viewed as part of a consolidation phase that could last for several days. Overall, expect sideway trading from here, likely between 0.6950 and 0.7090.</div>
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<strong style="box-sizing: inherit;">USD/JPY: Neutral: No signs of stabilization just yet.</strong></div>
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While we expected USD to extend its decline towards 111.05/10, the pace of the drop and the ease of which this level is taken out came as a surprise (overnight low of 110.71). Despite being severely oversold, there is no sign of stabilization just yet and further weakness towards the psychology level of 110.00 is not ruled out. Overall, this pair is expected to stay under pressure unless it can move above stay above 112.50.</div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-44338425572025102602017-03-22T04:39:00.002-07:002017-03-22T04:39:42.347-07:00M Asia Trade Tech Targets: EUR/USD, AUD/USD, NZD/USD, USD/JPY - UOB<div dir="ltr" style="text-align: left;" trbidi="on">
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<strong style="box-sizing: inherit; font-family: inherit;">EUR/USD: Neutral: Recovery to extend to 1.0825/30</strong><span style="font-family: inherit;">. </span></div>
<span style="font-family: inherit;"><span style="border-color: initial; border-image: initial; border-radius: 3px; border-style: initial; box-sizing: inherit; height: auto; margin-bottom: 1.5em !important; margin-left: 1em !important; margin-top: 0.5em !important;"><img alt="" class=" wp-image-128 alignright" data-mce-src="https://masiatrade.files.wordpress.com/2017/03/chainsawbig-e1337197317586.jpg" height="268" src="https://masiatrade.files.wordpress.com/2017/03/chainsawbig-e1337197317586.jpg" style="border-radius: 3px; border: 0px; box-sizing: inherit; display: block; float: right; height: auto; margin: 0.5em 0px 1.5em 1em !important; max-width: 100%; text-align: justify;" width="268" /></span></span><br />
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<span style="font-family: inherit;">It took a while but EUR finally managed to move above 1.0800 and hit an overnight high of 1.0819. This level is just below the solid 1.0825/30 resistance and as indicated in recent updates, is unlikely to yield so easily. That said, in view of the strong daily closing yesterday, a move above this level is not ruled out but shorter-term indicators are severely overbought and the odds for a move above last December high of 1.0870/75 are not high. On the downside, support is at 1.0745 but only a move back below 1.0715</span></div>
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<strong style="box-sizing: inherit;">AUD/USD: Neutral: In a 0.7600/0.7730 range.</strong></div>
<div style="box-sizing: inherit; color: #444444; margin-bottom: 1.1em; margin-top: 1em; text-align: justify;">
<span style="font-family: inherit;">AUD eked out a fresh high of 0.7750 but was unable to hold on to its gain. The subsequent sharp drop from the high indicates that the upward pressure post-FOMC has eased off. A temporary top is likely in place at 0.7750 and AUD is deemed to have moved into a sideway-trading range. That said, the immediate bias is for a probe lower towards the low end of the expected 0.7600/0.7730 consolidation range.</span></div>
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<strong style="box-sizing: inherit;">NZD/USD: Neutral: In a 0.6950/0.7090 range.</strong></div>
<div style="box-sizing: inherit; color: #444444; margin-bottom: 1.1em; margin-top: 1em; text-align: justify;">
<span style="font-family: inherit;">The rebound target of 0.7085 that was first highlighted last Thursday was exceeded as NZD hit a high of 0.7090 yesterday. However, the subsequent sharp drop from the high was unexpected. An interim top is likely place and NZD is deemed to have moved into a consolidation phase, likely between 0.6950 and 0.7090.</span></div>
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<strong style="box-sizing: inherit;">USD/JPY: Neutral: Oversold but room for extension to 111.05/10.</strong></div>
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<span style="font-family: inherit;">The sudden acceleration lower yesterday that took out the strong 111.65/70 support was unexpected. The decline is severely oversold especially from a shorter-term perspective but there is room for further extension to 111.05/10. Key short-term resistance has moved lower to 112.50.</span></div>
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<span style="font-family: inherit;">Source: United Overseas Bank Global Economics & Markets Research</span></div>
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Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-39243719661739617952017-03-07T03:09:00.000-08:002017-03-07T03:09:07.716-08:00SEA market ready to rate hike ahead of Fed meeting<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: inherit;">Southeast Asian stock markets ended little changed in dull trade on Tuesday as investors were cautious ahead of a widely expected interest rate hike by the U.S. Federal Reserve next week amid concerns about President Donald Trump's economic policies. <a data-mce-href="https://traderstalk.files.wordpress.com/2017/03/fed-meeting.jpg" href="https://traderstalk.files.wordpress.com/2017/03/fed-meeting.jpg"><img alt="" class="size-medium wp-image-2997 alignright" data-mce-src="https://traderstalk.files.wordpress.com/2017/03/fed-meeting.jpg?w=300" height="153" src="https://traderstalk.files.wordpress.com/2017/03/fed-meeting.jpg?w=300" style="float: right; height: auto; margin: 0.5em 0px 0.5em 1em; max-width: 100%;" width="300" /></a><br /><span id="innity-in-post"></span></span></div>
<div data-mce-style="text-align: left;" style="color: #333333; font-size: 16px;">
<span style="font-family: inherit;">Fed Chair Janet Yellen has signalled that the central bank might raise interest rates at its next meeting on March 14-15, and may move faster after that than it has in years.<br /></span></div>
<div data-mce-style="text-align: left;" style="color: #333333; font-size: 16px;">
<span style="font-family: inherit;">After Janet Yellen's speech last week, the market will be ready for a rate hike when the U.S. Federal Reserve meets next week unless this Friday's jobs report is a disaster.</span></div>
<div data-mce-style="text-align: left;" style="color: #333333; font-size: 16px;">
<span style="font-family: inherit;"><br /></span></div>
<div data-mce-style="text-align: left;" style="color: #333333; font-size: 16px;">
<span style="font-family: inherit;">Consumer prices rose 3.3 percent but was within the range the central bank had expected, the statistics agency said.<br /></span></div>
<div data-mce-style="text-align: left;" style="color: #333333; font-size: 16px;">
<span style="font-family: inherit;">Singapore shares rose after two sessions of falls, buoyed by financials and industrials. Real estate company CapitaLand Ltd gained 2.3 percent, while automotive conglomerate Jardine Matheson Holdings Ltd climbed 0.6 percent.</span></div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-40757944673256625402015-12-18T02:44:00.001-08:002015-12-18T02:44:58.275-08:00STI Recovers Gap of Down Week; Impact of FOMC Meeting<div dir="ltr" style="text-align: left;" trbidi="on">
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</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>WEEKLY WRAP OF STI</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
Straits Times Index (STI) opened lower
at 2832.44 on Monday and ended higher to this week by recovering the
gap down at the week start by closing at 2852.84. <a href="http://www.123contactform.com/form-1701701/Best-Stocks-To-Watch"><b>3 Days Free Trial Signals</b></a></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWsS3sap89-6-aOAykI5Za1OUpBnuhaPNuVvJot0ubTlOD0MkrKpwI2J2LtQALKZtoRbR-EtpCx6_eEtbwXwPD6_uMpsEZ-PUv8OrlsAfYTCEzYy3j4-6_Bl8lAIIGup1RATJjl8hKN5w/s1600/sgx-reuters.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="145" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWsS3sap89-6-aOAykI5Za1OUpBnuhaPNuVvJot0ubTlOD0MkrKpwI2J2LtQALKZtoRbR-EtpCx6_eEtbwXwPD6_uMpsEZ-PUv8OrlsAfYTCEzYy3j4-6_Bl8lAIIGup1RATJjl8hKN5w/s1600/sgx-reuters.jpg" width="256" /></a>STI came off from
its weekly peak of 2857.39 and low of 2831.10 this week and it keep
on rising in 4 consecutive working days in this week which brought
which recovered the fall on the opening at the starting of this week
on Monday. Wall Street's sudden slump on Thursday suggests that
markets are still locked in monetary expansion mode, preferring rates
to remain depressed.<span lang="en-IN"> </span>the impact here was
rises for the Straits Times Index before and immediately after the
FOMC meeting<span lang="en-IN">.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET FORECAST FOR WEEK AHEAD</b>
</div>
<div lang="en-US" style="margin-bottom: 0cm; text-align: justify;">
STI is expected to be in
positive sentiment next week. STI has taken support near 2757 and
expected to maintain this support next week as well. It has its
resistance at 2941. If it breaks this resistance than it might go up
to 2950.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI COUNTER SPECIFIC NEWS</b>
</div>
<ul style="text-align: justify;">
<li><div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEikTAZC-raXCqxvBH-RMnCC3sEa98-b-lH7IEYgfuRb6PfIUBIhAa8GIH8uH6hdfcj2HS2lEcbVORLpeaQMQhbaJH1Rgs1BMr9KkbpORMRkbbE8TPCT7q8ctM2tyYx-I7eBp9MCiE-MHfA/s1600/sti.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="131" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEikTAZC-raXCqxvBH-RMnCC3sEa98-b-lH7IEYgfuRb6PfIUBIhAa8GIH8uH6hdfcj2HS2lEcbVORLpeaQMQhbaJH1Rgs1BMr9KkbpORMRkbbE8TPCT7q8ctM2tyYx-I7eBp9MCiE-MHfA/s320/sti.png" width="183" /></a></div>
<div style="margin-bottom: 0cm;">
<span lang="en-US">MM-</span>2
Asia has entered into an agreement to acquire a majority stake in
Millinillion, a tech start-up developing interactive solutions for
digital users globally.Millinillion is a company <span lang="en-US">specializing</span>
in developing Business to Consumer (B2C) mobile applications and
digital interactive solutions for clients.<span lang="en-US">MM-</span>2
and Millinillion will jointly develop a series of mobile
applications in data-based marketing, music and industry talent pool
management.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Marine fabrication and engineering
firm Triyards seems keen to divorce from the embattled oil & gas
industry this year.The company has won contracts worth US$45.5
million ($64.5 million) to build vessels that have nothing to do
with oil & gas, an industry suffering falling commodity prices
and order cancellations.Other firms in the sector, such as SembCorp
Marine and Keppel Corp have seen their share prices suffer this year
amid falling demand for their rigs and vessels.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Q&M Dental Group (Singapore)
plans to restructure its stake in Qinhuangdao Aidite High Technical
Ceramic Co ahead of a possible listing of the China-based
manufacturing subsidiary.As part of the restructuring, Aidite will
reduce its equity capital to 23.97 million yuan from 47 million
yuan.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Golden Land Property Development
shareholders have approved Frasers Centrepoint's (FCL's) proposed
acquisition of 29.5% of its enlarged share capital through a 4.97
billion baht ($196 million) new capital injection.Golden Land is<span lang="en-US">
</span>one of the country's leading real estate developers engaged
in residential and commercial property development, as well as
property management and property advisory services.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Mencast Holdings says its energy
services division has renewed its service contract with the Asian
headquarter of an oil supermajor for environmental remediation
services for another three years.The contract also includes the
option for an extension for a further two years.Another exiting
long-term contract with the same client has also been revised to
include additional services and increased volumes for the remainder
of its term<span lang="en-US">.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
CMC Infocomm expects to report a
net loss for 1H2016.The net loss was primarily due to substantial
one-off professional fees incurred in relation to the initial public
offering exercise when after the company was listed on the Catalist
board .In addition, the group recorded an increase in overhead
expenses, mainly payroll expenses due to additional headcount to
support the execution of the group's expansion into new and
complementary businesses in Singapore and Malaysia.Shares in CMC
Infocomm closed flat at 15.1 cents.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b></div>
<ul style="text-align: justify;">
<li><div lang="en-US" style="margin-bottom: 0cm;">
Asian shares took
their cue from Wall Street and slipped on Friday, and Japanese
stocks slumped after briefly jumping on the central bank's statement
that it would expand parts of its stimulus programme.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China stocks held
nearly steady on Friday, capping a dramatic week that witnessed a
strong relief rally in the previous session following an expected
rise in US interest rates.Investors are now refocusing on economic
fundamentals, with a key central government economic meeting that
starts on Friday likely to offer the market fresh cues for
directions.The blue-chip CSI300 index rose 0.3 per cent, to
3,767.91.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Japanese stocks fell
on Friday in a session that turned volatile after the Bank of Japan
announced it would maintain its massive stimulus programme's base
money target while expanding the types of assets it purchases.The
benchmark index was down 1.9 per cent to 18,986.80, and had lost 1.3
per cent for the week.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Hong Kong stocks
ended Friday slightly lower, as many sectors corrected after the
previous session's relief rally following the long-expected US
interest rate hike.The Hang Seng index fell 0.5 per cent, to
21,755.56, while the China Enterprises Index lost 0.3 per cent, to
9,634.41 points.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
European stock
markets slid at the start of trading on Friday as a rally inspired
by the US interest rate hike petered out heading into the weekend
break.London's benchmark FTSE 100 index dropped 0.8 per cent to
6,056.9 points .</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China's ravenous
appetite for overseas assets is powering a record year for Asian
dealmaking, with deal volumes in the region surpassing the US$1
trillion mark annually for the first time.Acquisitions involving
companies in the Asia Pacific region rose 55 per cent in 2015 to
US$1.2 trillion.Chinese buyers snapped up premier assets, ranging
from the world's biggest luggage handler to Italian tire brand
Pirelli & C SpA, and accounted for about half the deals from the
region.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Singdollar projected
to decline most in 2016 amongst Asian currencies as the growth in
Asia's developing economies will slow to 6.4 per cent next year from
6.5 per cent in 2015, with China's expansion decelerating to 6.3 per
cent from 6.8 per cent. That means Asian central banks will need to
further cut interest rates while the Fed gradually tightens,
resulting in outflows and weaker currencies.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The US dollar pushed
higher against other major currencies on increasingly bullish
sentiment about the greenback following the Federal Reserve's
historic decision to lift US interest rates.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Crude prices sank
deeper in Asian trading on Friday after the US oil benchmark closed
at its lowest level since February 2009 on worsening oversupply
concerns and a stronger dollar.West Texas Intermediate (WTI) for
January delivery was trading at US$34.77 per barrel, 18 cents off
its close of US$34.95 in New York.</div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Gold steadied
on Friday but largely kept losses made a day earlier when the metal
suffered its biggest slide in five months after U.S. interest rates
were raised for the first time in nearly a decade and the dollar
surged.Spot gold ticked up 0.3 percent to $1,054.40 an ounce by 0327
GMT, following a 2 percent slide in the previous session, its
biggest one day slide since July. The metal is down nearly 2 percent
for the week in its worst performance in six weeks.</span></div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-71511795661886705612015-12-17T03:42:00.000-08:002015-12-17T03:42:30.874-08:00Singapore STI Ended Higher With Positive Sentiment in its Next Trading Session<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI MARKET REVIEW</b>:</div>
<div lang="en-US" style="margin-bottom: 0cm; text-align: justify;">
Singapore’s benchmark
Straits Times Index (STI) opened 3.43 points higher or 0.12% on
Thursday morning after the US Federal Reserve raised its short term
interest after 7 years and the market ended higher to 20.26 points or
0.71 percentage higher at 2861.18. <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsSXW3GGURBrsaAUOWSJ7ydK950ib7oXvDUAAG1V6xQf7iSsAQjaA8Y0rYKdbDH2DlEpWbqvwYOhyphenhyphenz2ZQC9N_11P2hq9J5GJqJhBcj4bZkcXb6d_7kS7MkKOdl5ivKVRH9tjw9fjq3KCE/s1600/image.JPEG20151005-22983-1q44e25.jpeg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsSXW3GGURBrsaAUOWSJ7ydK950ib7oXvDUAAG1V6xQf7iSsAQjaA8Y0rYKdbDH2DlEpWbqvwYOhyphenhyphenz2ZQC9N_11P2hq9J5GJqJhBcj4bZkcXb6d_7kS7MkKOdl5ivKVRH9tjw9fjq3KCE/s320/image.JPEG20151005-22983-1q44e25.jpeg" width="320" /></a>STI came off from its intra-day
peak of 2868.27 and low of 2833.57. Market breadth was positive.
Excluding warrants, gainers outnumber decliners 200 to 165. <span style="font-size: large;"><span style="color: red;"><b><a href="http://www.123contactform.com/form-1701701/Best-Stocks-To-Watch">Get Free Trial of Trading Signals</a></b></span></span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>LOCAL BOURSE </b>
</div>
<div lang="en-US" style="margin-bottom: 0cm; text-align: justify;">
Non-oil domestic exports
fell 3.3% y-o-y in November after flat growth in October.On a m-o-m,
seasonally adjusted basis, NODX slipped 3.8% after October's 0.3%
dip.Both the y-o-y and m-o-m figures for October have been revised:
the former was earlier reported to be a 0.5% decline and the latter
was a 1.1% rise.Non-oil re-exports continued to increase in November,
but eased from 6.1% in October to 5.1% y-o-y,due to an expansion in
both electronic and non-electronic NORX.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET FORECAST</b></div>
<div lang="en-US" style="margin-bottom: 0cm; text-align: justify;">
STI is expected to
consolidate with positive sentiment in its next trading session. Also
the market has responded positively towards the interest rate hike by
Federal Reserve for the first time in nearly a decade on Wednesday.
It has its support at 2829 and resistance at 2876. Investors are
cautious as Singapore non-oil domestic exports fell in November but
the market is expected to move with positive sentiments.</div>
<div lang="en-US" style="margin-bottom: 0cm; text-align: justify;">
<b><span lang="en-GB">STI
COUNTER SPECIFIC NEWS</span></b></div>
<ul style="text-align: justify;">
<li><div lang="en-US" style="margin-bottom: 0cm;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2xHaT6TbHpGzTZrJ7kPjWC7gFzddylh1QeFqXcr6D87dimr1DUWYq0SkSq28XGGC4DpVHmPAtr-lI0t7O6VR3WlEetHWHpVDAuZhZOQ6RGsc4NoWElI79SckZrAZoUSuSH3TMigMPTbo/s1600/STI.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="199" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2xHaT6TbHpGzTZrJ7kPjWC7gFzddylh1QeFqXcr6D87dimr1DUWYq0SkSq28XGGC4DpVHmPAtr-lI0t7O6VR3WlEetHWHpVDAuZhZOQ6RGsc4NoWElI79SckZrAZoUSuSH3TMigMPTbo/s320/STI.png" width="276" /></a>IPC Corporation is
proposing a capital reduction move to return $136.467 million in
cash to shareholders, or $1.60 per share.The existing cash hoard of
the company came from sale of seven hotels in Japan for around
JPY14.94 billion, or some $172.22 million.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The Trendlines Group
has established two new portfolio companies, Tandem Technologies and
Zeev Implants, via its unit Trendlines Medical.The two new companies
bring the total number of Trendlines portfolio companies to
47.Tandem Technologies aims to make the process of removing and
retrieving colon polyps much more efficient and accurate, with the
goal of a near 100% retrieval rate.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
EZRA Holdings has
agreed to buy subsidiary EMAS Offshore's entire 12.13 per cent stake
in Malaysia-listed Perisai Petroleum Teknologi for US$56 million, a
500 per cent premium to the share market value.The agreed price of
US$56 million is based on the cost of EMAS's investment at
inception.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>:</div>
<ul style="text-align: justify;">
<li><div lang="en-US" style="margin-bottom: 0cm;">
Asian stock markets
jumped on Thursday as investors chose to take an historic hike in US
interest rates as a mark of confidence in the world's largest
economy, lifting the dollar and piling on the pain for oil
prices.China also allowed its currency slip for a 10th straight
session to hit its lowest since June 2011. The steady decline in
turn puts pressure on other Asian currencies to depreciate to stay
competitive.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The Federal Reserve
hiked interest rates for the first time in nearly a decade signaling
faith that the US economy had largely overcome the wounds of the
2007-2009 financial crisis.The US central bank's policy-setting
committee raised the range of its benchmark interest rate by a
quarter of a percentage point to between 0.25% and 0.50%, ending a
lengthy debate about whether the economy was strong enough to
withstand higher borrowing costs.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China stocks rallied
on Thursday as risk appetite improved after the Federal Reserve
raised rates for the first time in nearly a decade, as expected,
removing a major source of uncertainty about the US central bank's
policy.The CSI300 index of the largest listed companies in Shanghai
and Shenzhen rose 1.9 per cent, to 3,755.89.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The People's Bank of
China set its official midpoint rate at 6.4757 per dollar, its
weakest level since June 2011, and 0.2 per cent weaker than the
previous fix of 6.4626.The sharply weaker yuan midpoint reflected
the dollar's strength in global markets after the US Federal Reserve
raised its policy interest rate overnight, traders said.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Tokyo stocks jumped
on Thursday after the US Federal Reserve hiked interest rates for
the first time in nearly a decade, underscoring its confidence in
the health of the world's top economy.The benchmark Nikkei 225 index
at the Tokyo Stock Exchange gained 1.59 percent, or 303.65 points,
to finish at 19,353.56.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Australian shares
rose 1.46 per cent on Thursday, joining a global equities rally as
investors piled back into the markets after a US interest rate hike
signalled confidence in the world's largest economy.The S&P/ASX
200 index rose 73.55 points to 5,102 at the close of trade, after
reaching a high of 5,129.1 earlier in the session.
</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Japan's exports in
November fell at the fastest pace in almost three years as shipments
to Asia declined in a worrying sign that weakness in overseas demand
could curb economic growth. Data showed that exports fell 3.3 per
cent in November from a year earlier, more than the median estimate
for a 1.5 per cent annual decline.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The US dollar rose
slightly against the euro and the yen on Wednesday after the US
Federal Reserve's historic move to raise interest rates for the
first time in nine years.The dollar rose to US$1.0911 per euro
around 2200 GMT from US$1.0930 at the same time on Tuesday. The
greenback was up 0.5 per cent at 122.26 yen.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Gold slipped on
Thursday to give back some of its overnight gains, with trading
choppy as the dollar surged after the Federal Reserve hiked US
interest rates for the first time in nearly a decade.Gold has
slumped nearly 10% this year, largely on uncertainty around the
timing of the rate rise and on fears that higher rates would hit
demand for the non-interest-paying metal. It had fallen to a
near-six-year low earlier this month.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Crude prices extended
losses in Asia Thursday after another report showing a further
increase in US stockpiles added to fears about a global glut.The
under-pressure commodity suffered fresh selling on Wednesday after
the US Department of Energy showed that supplies rose 4.8 million
barrels.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-79874882448485562302015-12-10T03:53:00.001-08:002015-12-10T04:00:11.214-08:00Bursa Malaysia; Market Review for KLCI- 11 Dec<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
The FBM KLCI index lost 10.71 points or
0.65% on Thursday. The Finance Index fell 0.25% to 14107.75 points,
the Properties Index dropped 0.45% to 1180.61 points and the
Plantation Index down 1.22% to 7358.69 points. The market traded
within a range of 12.54 points between an intra-day high of 1661.19
and a low of 1648.65 during the session.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
The KLCI extended its losing streak for
the third day after closing lower at 1648.65 points amid overnight
losses in US market. Market sentiment was muted as oil prices
continued to slide.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Market forecast for KLCI</b>:<span lang="en">
</span>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en">The KLCI index is
expected to end the week with bearish sentiments on the back of the
week global economical outlook, technically the index had crossed the
level of 1660-1657 and it can drop further in near term. </span></div>
<div style="margin-bottom: 0cm; text-align: center;">
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</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en"><b>KLCI COUNTER SPECIFIC
NEWS</b> </span>:<span lang="en"> </span>
</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en">Malaysia palm oil
futures closed lower on Wednesday as traders squared positions ahead
of key supply and demand data fr U.S and Malaysia.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">Country Heights
Holdings Bhd (CHHB) has inked a joint venture agreement with Galaxus
Corp Sdn Bhd (Galaxus) and Tan Sri Lee Kim Tiong.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">EG Industries Bhd
is disposing of six parcels of unexpired leases of industrial land,
measuring 6.28ha in Bandar Kuala Ketil in Kedah, for RM9 million to
calcium-based chemical product manufacturer and trader Schaefer Kalk
(Malaysia) Sdn Bhd.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">SP Setia Bhd,the
country's biggest listed property developer by sales, is confident
it can achieve its RM4 billion sales target for this year,
underpinned by RM9.5 billion of unbilled sales.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">Kumpulan
Perangsang Selangor Bhd’s (KPS) independent director Rosely @
Mohamed Ross Mohd Din told shareholders that the Selangor
state-owned investment holding company will find a new business to
invest in, after the disposal of its 90.83% stake in Titisan Modal
(M) Sdn Bhd, which wholly owns the water treatment operator
Konsortium ABASS Sdn Bhd.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">PUC Founder (MSC)
Bhd (PUCF) has obtained the approval from Bursa Securities and the
Securities Commission Malaysia (SC) for its proposed renounceable
rights issue of irredeemable convertible unsecured loan stock
(ICULS), with warrants to raise up to RM83.9 million.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">SCGM Bhd posted a
net profit of RM4.79 million for the financial second quarter ended
Oct 31,2015 (2QFY16), a 57.6% increase from RM3.04 million a year
ago, helped by favourable product mix, lower fuel cost and
strengthening of US dollar against the ringgit.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">Berjaya Food Bhd
net profit plummeted 96% to RM6.2 million or 1.65 sen per share in
its second financial quarter ended Oct 31, 2015 (2QFY16), from
RM163.60 million a year ago, due to the remeasurement gain of
RM158.60 million last year and foreign exchange loss.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">Sanichi Technology
Bhd shares surged 18.75% in early trade today after Sanichi
yesterday signed a memorandum of understanding (MoU) with German
firm Protev International GmbH to form a joint venture in providing
a one-stop product and service centre to all its customers worldwide
in the manufacturing of plastic injection moulds and tools.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">Kimlun Corporation
Bhd rose 2.08% this morning after AllianceDBS Research said renewed
buying interest had emerged in Kimlun and that Kimlun had on Dec 9
traded higher to RM1.45 before closing near the day’s high at
RM1.44 (up 6 sen or 4.34%).</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en">Transocean
Holdings Bhd executive director Tan Swee Hock has voluntary resigned
from his post effective yesterday after being charged by the
Securities Commission Malaysia (SC) for insider trading.</span></div>
<b>
</b></li>
</ul>
<div style="text-align: justify;">
<b>
</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>:</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">A sense of
unease spread across Asian stock exchanges Thursday with investors
spooked by the sharp sell-off in oil sending most regional markets
lower.With crude sitting around seven-year lows energy firms came
under further pressure, following more losses on Wall Street.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">China shares
ended lower on Thursday, giving up modest gains even after
regulators reassured investors that reforms to company listings
would not open a floodgate of new offerings.The CSI300 index of the
largest listed companies in Shanghai and Shenzhen fell 0.4 per cent.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Hong Kong
shares weakened on Thursday, pulled lower by resource shares, as
investors remained wary of falling commodity prices and ahead of a
likely US interest rate rise next week.The Hang Seng index fell 0.5
per cent, to 21,704.61.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Tokyo's
benchmark stock index fell for a third straight session on Thursday
as a strong yen dented exporters, and after Wall Street dropped on
oil prices sinking to fresh seven-year lows.The Nikkei 225 at the
Tokyo Stock Exchange sank 1.32 per cent, or 254.52 points, to
19,046.55 by the close.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Australian
shares fell 0.84 per cent on Thursday led by financials as
stronger-than-expected jobs data further diminished the chances of a
Reserve Bank rate cut.The S&P/ASX 200 index slipped 42.75 points
to 5037.7 at the close of trade. </span>
</div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Singapore GDP
growth will remain lacklustre, reflecting a weaker outlook for China
and Asean, as well as lower trend growth with domestic
restructuring.The bank expects government measures in the property,
transport and telecommunication sectors to be closely watched.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Vehicle sales
in China rose 20 per cent in November from a year earlier to 2.5
million vehicles, an industry association said on Thursday.The
increase was the largest since October 2013 and compares with an
11.8 per cent rise in October and a 2.1 per cent increase in
September.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Oil prices
edged up in Asia on Thursday following signs of a slight improvement
in US demand but concerns that an oversupply will persist past next
year kept the the commodity struggling at multi-year lows.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">The dollar
eased against most rivals in Asian trade on Thursday, with
commodity-linked units enjoying support from a slight uptick in oil
prices, while its Australian counterpart surged on the back of a
strong jobs report.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Gold failed to
log gains despite a 1.1 percent drop in the dollar index on
Wednesday to its lowest in a month.</span></div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-35985882779192666982015-12-09T02:59:00.003-08:002015-12-09T02:59:56.653-08:00DAILY FOREX TECHNICAL ANALYSIS REPORT<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
GBPUSD</div>
<div style="margin-bottom: 0cm; text-align: justify;">
The GBP/USD pair which was initially
falling on Tuesday found enough support at 1.50 level to turn the
things around and formed a rather positive hammer in the end. What
remains to be seen is the direction it takes from here. We are
currently holding no hopes of spikes rather are focusing our time on
identifying selling opportunities. In our opinion, a breakdown below
Tuesdays candle can also be a selling opportunity.
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
EURUSD</div>
<div style="margin-bottom: 0cm; text-align: justify;">
The EUR/USD pair went a notch higher on
Tuesday, shooting through the hammer candle formed on the previous
day. Although the sky seems to be clear but we do see a storm coming.
In other words, we are going to sit this one out. 1.10 level above is
going to be our flag off level. On the flip side, if we break the
bottom of the hammer on Monday, we might think about entering a short
position. After 1.10 level, we might set our eyes on 1.14 level, but
that depends on crossing the 1.10 level first.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
AUDUSD</div>
<div style="margin-bottom: 0cm; text-align: justify;">
The AUD/USD pair formed a candle
possessing hammer like characteristics following an encounter with a
support level that allowed it to take a U-turn. Any break above the
hammer is a bullish signal and indicates an upward momentum. However,
in the opposite direction it might move to 0.71 level. Australian
Unemployment data would be among the figures released that would be
having an impact on this pair.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
USDJPY</div>
<div style="margin-bottom: 0cm; text-align: justify;">
The USD/JPY pair took a bounce on
Tuesday. However, we still <span lang="en-GB">haven't</span> escaped
the previous consolidation area; hence we are not sure how long this
bounce will go in upward direction. The markets as always are in full
oscillations, hence we are looking for some decent pull back that
might give a significant profit. Apart from this, there is resistance
zone extending from 124 level to 125 level.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<br /></div>
<div style="margin-bottom: 0cm; text-align: justify;">
# <span style="font-size: large;"><a href="http://www.123contactform.com/form-1700247/GET-FOREX-CALL-TO-WATCH"><b>Get 3 Days Free Trial in FOREX</b></a></span></div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-77982882919484521892015-11-30T23:10:00.001-08:002015-11-30T23:10:19.083-08:00Reserve Bank of India maintains repo rate at 6.75%, CRR at 4%<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
The
Reserve Bank of India (RBI), in its fifth Bi-monthly Monetary Policy
Statement for 2015-16, has decided to keep the repo rate same, with no
pulls or pressure from the market. Governor Raghuram Rajan declared that
the Repo Rate will be maintained at 6.75%, with CRR at 4%. Reverse Repo
Rate is held at 5.75%.<br />
<br />
RBI in an official statement
said, "Since the fourth bi-monthly statement of September 2015, global
growth continues to be weak. Global trade has slowed further with waning
demand and oversupply in several primary commodities and industrial
materials. In the United States, inventory accumulation is likely to
hold down growth in Q4 of 2015. Industrial production slumped in October
on cutbacks in oil drilling, while exports were undermined by the
strengthening US dollar. Consumer confidence was, however, supported by
the diminishing slack in the labour market. In the Euro area, high
frequency indicators such as retail sales, purchasing managers’ indices
and unemployment point to an uptick in a still anaemic recovery, with
monetary policy expected to be increasingly supportive as risks of
undershooting the inflation target persist. In China, slowing nominal
GDP growth and high debt continue to raise concerns, especially given
the overcapacity in certain sectors. Other emerging market economies
(EMEs) continue to face headwinds from domestic structural constraints,
shrinking trade volumes and depressed commodity prices."<br />
<br />
It
added, "The Reserve Bank assessed that the inflation target for January
2016 at 6 per cent was within reach. Accordingly, it front-loaded its
policy action in response to weak domestic and global demand that were
holding back investment, while noting that structural reforms and
productivity improvements would continue to provide the main impetus for
sustainable growth."<br />
<br />
The Indian central bank has cut
policy rates by a cumulative 125 basis points this calendar year, and
surprised markets and analysts with a sharp 50 basis points rate cut in
the last rate review.<br />
<br />
India’s central bank has managed
to tame inflation down to manageable levels and the price gauge has
remained within its comfort zone for several months now. In fact,
wholesale price inflation has consistently been in the deflationary
territory. Retail inflation saw an uptick to 5 per cent in October,
which was a four-month high, rising from 4.41 per cent in September.
That did raised a few eyebrows as did the reports about a drop in rabi
crop output and a sharp rise in the prices of pulses, which are likely
to put pressure on food price inflation. Yet, the comforting factor is
that the retail inflation number remains below RBI's January 2016 target
of 6 per cent.<br />
<br />
The Reserve Bank will shortly finalise
the methodology for determining the base rate based on the marginal cost
of funds, which all banks will move to. The Government is examining
linking small savings interest rates to market interest rates. These
moves should further help transmission of policy rates into lending
rates. In addition, the on-going clean-up of bank balance sheets will
help create room for fresh lending. The Reserve Bank will use the space
for further accommodation, when available, while keeping the economy
anchored to the projected disinflation path that should take inflation
down to 5 per cent by March 2017.<br />
<br />
The sixth bi-monthly monetary policy statement will be announced on Tuesday, February 2, 2016.</div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-21968034772980604902015-11-27T02:48:00.001-08:002015-11-27T02:48:22.599-08:00 STI TECHINCAL REPORT; WEEKLY WRAP OF STI <div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
Straits Times Index (STI) dropped 25.57
points to 2,859.12 on Friday, bringing its loss for the week to 58
points or 2 per cent and for the year to 15 per cent. Turnover
throughout the five days was low and focused mainly in blue chips and
penny stocks. Market consolidated within the range of 2880-2940 from
quit a few time but felled after braking its support of 2880 and
ended at 2859.18 this week. The Market opened Gap down due to the
fall in China’s Market by around 4.5% down after Chinas Industrial
data fell by 4.6%.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgH_o4C9l0jccN5KVl4C2KrCH1wzQdA6xltoK7bhn70EK6ELm5OtPr-pe4sdDjJ8ciV0LUCyL3EzMGMzQT_URUlIZ8Vrzf3DLemlDfYZwMHGW7MH5EuB_cijYfLrndubZFuxm5NqNXiF7E/s1600/genchart.jsp.gif" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgH_o4C9l0jccN5KVl4C2KrCH1wzQdA6xltoK7bhn70EK6ELm5OtPr-pe4sdDjJ8ciV0LUCyL3EzMGMzQT_URUlIZ8Vrzf3DLemlDfYZwMHGW7MH5EuB_cijYfLrndubZFuxm5NqNXiF7E/s320/genchart.jsp.gif" width="320" /></a>The government's growth forecast for
the full year, however, has been trimmed to "close to 2%",
compared with its earlier projection of 2-2.5%. On a seasonally
adjusted, annualised basis, the economy grew 1.9% q-o-q, reversing
from 2Q's 2.6% contraction, as per the Ministry of Trade and
Industry. This compares an earlier flash estimate of a 0.1%
expansion. Singapore's private residential property prices have slid
8.2% from its peak in September 2013.The decline largely stems from
property cooling measures.
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET FORECAST FOR WEEK AHEAD</b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en-US">STI is expected to
be bearish as it has broken its support level at 2879.The Fed meeting
next month and China's falling industrial output will lead towards a
downtrend. If STI breaks its support level of 2842 it will go further
down .</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI COUNTER SPECIFIC NEWS</b>
</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
QT Vascular received a stay of
enforcement regarding a legal matter in the US<span lang="en-US">.</span>The
firm had been ordered to pay damages of US$20.034 million ($28.2
million) in a legal case that has already been through a trial
court, but has been granted a stay of enforcement during the appeals
process.</div>
</li>
<li><div style="margin-bottom: 0cm;">
CHINA Everbright <span lang="en-US">won</span>
a deal with the People's Government of Daxing District, Beijing, to
upgrade and expand the Beijing Daxing Tiantanghe Waste Water
Treatment Project.</div>
</li>
<li><div style="margin-bottom: 0cm;">
China Fishery Group Ltd. failed to
repay a US$31 million installment due earlier this month on a US$650
million loan<span lang="en-US">.</span>As a result, one of the
lenders successfully applied for provisional liquidators, indicating
that the lender is unwilling to negotiate for further extensions or
waivers<span lang="en-US">.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
Developer Bonvests Holdings has
agreed to acquire the property known as Lot 66 and 482-484 Murray
Street, Perth, Australia from with Murray Street Pty Ltd and the
property known as 486-488 Murray Street from Kingsgold Pty Ltd.The
total consideration for the acquisitions is A$14.78 million ($15
million).</div>
</li>
<li><div style="margin-bottom: 0cm;">
Avic International Maritime
Holdings sa<span lang="en-US">id</span> its subsidiary Deltamarin
has clinched a €2 million ($3 million) contract from Qingshan
Shipyard of Sinotrans in China to design the world's first LNG
handysize bulk carriers.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Chinese shares plunged more than
six percent Friday, after inquiries were announced into several
major brokerage firms.The benchmark Shanghai Composite Index slumped
6.11 per cent, or 222.18 points, to 3,413.37. The Shenzhen Composite
Index, which tracks stocks on China's second exchange, tumbled 6.66
per cent, or 154.96 points, to 2,170.73.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>
</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Asia risks rise
as Fed liftoff tests stability.A faster than expected withdrawal of
monetary-policy accommodation in major advanced economies could
trigger a reversal of global term premia.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Profits earned
by Chinese industrial companies fell 4.6 per cent in October from a
year earlier,declining for the fifth consecutive month. Industrial
profits – which cover large enterprises with annual revenue of
more than 20 million yuan (S$4.41 million) from their main
operations – fell 2.0 per cent.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">A plunge in
Chinese stocks dragged Asian markets down on Friday after
authorities launched a probe into several brokerages and profits at
the country's industrial giants sank far more than expected.</span></div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
European share index
fell from a three-month high, hit by a drop in the mining sector
after a slump in Chinese equities which was triggered by weak data
and a regulatory crackdown.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Hong Kong stocks slid
on Friday, with the headline Hang Seng index posting its worst
weekly performance in two months as a tumble in mainland stocks
triggered anxiety across the region.The Hang Seng index fell 1.9
percent, to 22,068.32.
</div>
</li>
<li><div style="margin-bottom: 0cm;">
Chinese shares plunged more than
six percent Friday, after inquiries were announced into several
major brokerage firms.The benchmark Shanghai Composite Index slumped
6.11 per cent, or 222.18 points, to 3,413.37. The Shenzhen Composite
Index, which tracks stocks on China's second exchange, tumbled 6.66
per cent, or 154.96 points, to 2,170.73.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Japan's core consumer prices fell
for the third straight month and household spending slumped in
October, underscoring the fragile nature of the economy and keeping
policymakers under pressure to take further steps to jump-start
growth.The core consumer price index (CPI), which excludes volatile
fresh food but includes oil costs, fell 0.1% in the year to October<span lang="en-US">.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
Gold dipped towards its lowest
level in nearly six years on Friday and was on track for a sixth
straight weekly decline, weakened by a robust dollar and
expectations of a US interest rate hike next month.</div>
</li>
<li><div style="margin-bottom: 0cm;">
The dollar is trading near an
eight-month high against a basket of major currencies, boosted by
euro weakness and prospects of higher US rates.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Crude oil futures fell on Friday
with losses this month standing at over 8%, hurt by disappointing
Chinese economic data and worries over a supply glut.A firmer US
dollar also weighed on oil, making greenback-denominated contracts
more expensive for holders of other currencies.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-12224144805540963272015-11-24T03:40:00.000-08:002015-11-24T03:46:21.683-08:00Singapore Stock Market Updates for STI Analysis & Forecast<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI MARKET REVIEW</b> :</div>
<div style="margin-bottom: 0cm; text-align: justify;">
SINGAPORE shares
were up in the early
minutes of trade on Tuesday, with the Straits Times Index up 0.04% or
1.05 points to 2,904.54 and ended 20 Points or 0.69% Higher to 2,923.49.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgF8PodPTUqCv7hG73-vPH2H6dxABnxdpXZNWzia25rouI6rnlvD7XEW4XZIa9XHncKaqh8_X4Wd75rFPW88Kd2wK_TH84tccnyowCBvv0Qcdl_1DZtOJhkKxW71c7wGSZCjAqvU4KQft8/s1600/genchart.jsp.gif" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="164" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgF8PodPTUqCv7hG73-vPH2H6dxABnxdpXZNWzia25rouI6rnlvD7XEW4XZIa9XHncKaqh8_X4Wd75rFPW88Kd2wK_TH84tccnyowCBvv0Qcdl_1DZtOJhkKxW71c7wGSZCjAqvU4KQft8/s320/genchart.jsp.gif" width="320" /></a>STI came off from its intra-day peak of<span lang="en-US">
2939</span> and low of<span lang="en-US"> 2898</span>. Singapore
stocks gained at noon on Tuesday, with a mixed performance among
large-caps and little in the way of a strong lead from the US or
other Asian markets. Straits Times Index rose 0.<span lang="en-US">69</span>%
to 2,9<span lang="en-US">23.50</span>. Market breadth was however
negative.
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>LOCAL BOURSE </b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
Singapore <span lang="en-US">stocks
showed mixed sentiments as the large cap performance was at
equilibrium and small cap doing good.The local data showed that
singapore is facing a mild deflation at around 0.5% showing a sign of
concern.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET FORECAST </b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
STI is expected to <span lang="en-US">go
up</span> in next trading session<span lang="en-US"> if it breaks its
resistance level of 2940</span>. <span lang="en-US">The market has
positive sentiments as it has advancedin the current
session.</span>Investors are waiting for positive trend ,<span lang="en-US">as
they are eager to invest in the market</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en-US">Midas Holdings won
contracts for metro rail and airport rail train works in China and
Malaysia.Overall it has secured four contracts of which three are for
metro rail projects in China, and one for an airport train in
Malaysia.</span></div>
<ul style="text-align: justify;">
<li><div lang="en-US" style="margin-bottom: 0cm;">
Keppel Corp has
priced the issue of its $200 million notes due 2023.The notes,
issued under the US$3 billion ($4.2 billion) multi-currency
medium-term note programme, will bear interest at a fixed rate of
3.725% a year. It will be payable semi-annually in arrears and will
have a tenor of eight years.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Noble Group Ltd,have
its credit rating cut to junk by Standard & Poor's on concerns
about the company's liquidity.The ratings company placed its
BBB-rating on Noble, the lowest measure for investment-grade debt,
on review with "negative implications.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES:</b></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">The chances of
Federal Reserve raising interest rates at its next meeting in
December climbed to 74 per cent.The probability the central bank
will act at its Dec 15-16 session increased from less than 30 per
cent as recently as mid-October, futures contracts show. </span>
</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The US dollar rose at
the start of week after a holiday-shortened week packed with
economic reports expected to show improvements that could support a
Federal Reserve interest rate hike next month.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Japanese stocks
posted a modest rise in choppy trade to mark a fifth consecutive
day of gains as investors waited for fresh trading cues.The Nikkei
share average ended 0.2 per cent higher at 19,924.89.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Australian shares
fell 0.95 per cent in broad-based selling as falling commodities
prices weighed on the index and investors took profits.The S&P/ASX
200 index fell 50.02 points to 5,226.4 at the close of trade.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Oil prices climbed in
Asia ahead of a key meeting of the Opec and US commercial crude
inventories are to gauge demand in the world's biggest oil consuming
nation.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Gold held a second
day of declines as investors continue to expect an increase in U.S.
borrowing costs by the end of the year, cutting the appeal of
bullion which doesn't pay interest.
</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Europe's main stock
markets fell at the start of trading , extending the previous
losses, as investors seek shelter from tumbling commodity prices and
a strong dollar.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China is on track to
reach its economic growth target of about 7% this year, and the
economy is going through adjustments to maintain reasonable medium-
to long-term growth.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China stocks recouped
early losses to end marginally higher as a late-afternoon surge in
small-caps offset weakness in resource companies.The CSI300 index of
the largest listed companies in Shanghai and Shenzhen ended little
changed at 3,753.89 points, while the Shanghai Composite Index
gained 0.2 per cent to 3,616.11.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Australia's Treasury
lowered its estimate of the economy's potential growth rate, or
speed limit, reflecting weaker population growth.The economy's
potential rate will be about 2.75 per cent over the next few years,
down from 3 per cent estimated at the time of the budget.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-16192251497157849442015-11-23T02:55:00.001-08:002015-11-23T02:55:57.708-08:00Singapore Stock Market Update: STI Technical Analysis & Forecast<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI MARKET REVIEW</b> :</div>
<div style="margin-bottom: 0cm; text-align: justify;">
SINGAPORE stocks opened flat on Monday
morning, with the Straits Times Index(STI) up 0.03 per cent, or 0.97
point, to 2,918.88 and ended lower to 10.1 points or 0.35% to
2907.80. </div>
<div style="margin-bottom: 0cm; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixnTRT7vBA7VTUMYFmyZ-qPXO9gLUXuPwZa1XcyflCZq55O7KIqPkKsuAXgaFv9MuHs8TjnbStU8rMWUqSbhxTu3KFLhrcZ-J_SwHgXUqSIbOleYUYB8jF49mFZFHlbVaUllDa2mNkACQ/s1600/STI+Chart.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="257" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixnTRT7vBA7VTUMYFmyZ-qPXO9gLUXuPwZa1XcyflCZq55O7KIqPkKsuAXgaFv9MuHs8TjnbStU8rMWUqSbhxTu3KFLhrcZ-J_SwHgXUqSIbOleYUYB8jF49mFZFHlbVaUllDa2mNkACQ/s320/STI+Chart.png" width="320" /></a>STI came off from its intra day peak 2925.16 of and low of
2904.80.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>LOCAL BOURSE
</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
Singapore equities <span lang="en-US">initially
climbed up but the market ended on a low as a result of sluggish
growth of asian economy. The market was on lower side due to the
increase in risks in real estate investment trusts in 2016 because of
weak economic fundamentals weighing on demand, while new supply is
added into most sectors.Singapore REITs is expected to come back
stronger to do more acquisitions in 2016.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET FORECAST </b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
STI is expected to consolidate in next
trading session. Investors are still waiting for positive trend , but
market is not showing positive trend. <span lang="en-US">If it breaks
the level of 3018 then the market is expected to go up.As fed is
likely to increase its rate and also the slowing economic growth of
asia will lead towards the sidewards or downwards movement of the
market for now.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en-GB"><b>STI COUNTER SPECIFIC
NEWS</b> </span>
</div>
<ul style="text-align: justify;">
<li><div lang="en-US" style="margin-bottom: 0cm;">
Citic Envirotech Ltd
(CEL) has secured a Public-Private Partnership project in Liaoyang
City, Liaoning Province, China worth $122 million.The project
involves an investment into four wastewater treatment plants and its
associated pipe network in Liaoyang City.
</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Singapore container
shipping firm Neptune Orient Lines has entered into exclusive talks
for acquisition with France's CMA CGM SA, the world's third-largest
shipper by capacity.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
KS Energy Group
announced that a joint venture between PT Atlantic Oilfield services
and PT Java Star Rig has won a contract for KS Java Star jack-up
drilling rig worth US$2.8 million ($4 million).</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>:</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">China stocks
ended lower, with the telecoms sector leading declines and as
investors remained cautious ahead of a fresh batch of listings.The
largest listed companies fell 0.6 percent, while the Shanghai
Composite Index lost 0.5 per cent.</span></div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Oil extended its
decline as Venezuela predicted prices may drop as low as the
mid-US$20s a barrel unless the Organisation of Petroleum Exporting
Countries (Opec) takes action to stabilize the market.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The yuan fell to a
three-month low as the central bank weakened the currency's
reference rate amid a dollar advance and on concern China will allow
a decline to help its economy.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
The euro weakened
toward a seven-month low after futures traders added to bearish bets
and European Central Bank encouraged speculation.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Malaysia's ringgit
led losses in Asia on speculation as rally was overdone given that
oil prices remain depressed and China's economy is still slowing.The
ringgit climbed 2.1 per cent in the five days through ,rising along
with other regional currencies after the Federal Reserve indicated
it will increase interest rates gradually.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Growing confidence
that the US will raise interest rates next month boosted the dollar
in Asia.US stocks capped their best week this year as investors
digested growing signs the Federal Reserve thinks the world's top
economy is srong enough to handle a rate rise next month.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Iron ore price will
drop below U$40 a metric ton before year-end, and trade in the
US$30s in 2016 as demand in China sputters.
</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Europe's main stock
markets fell at the start of trading, with London's benchmark FTSE
100 index down 0.7 per cent to 6,293.27 points, awaiting regional
data.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Hong Kong shares
fell, taking cues from weak mainland markets and as investors braced
for a likely rise in US interest rates next month.The Hang Seng
index fell 0.4 per cent, to 22,665.90, while the China Enterprises
Index lost 0.7 per cent, to 10,229.43 points.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
SINGAPORE inflation
eased at -0.8 per cent, mainly due to the lower costs of oil-related
and retail items.This meant core inflation, which excludes the costs
of accommodation and private road transport, moderated as well to
0.3 per cent - lower than the previous month's 0.6 per cent.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-28973791101919224662015-11-20T02:47:00.004-08:002015-11-20T02:48:43.473-08:00STI COUNTER SPECIFIC NEWS WITH GLOBAL FACTORS AND WORLD INDICES<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
<style type="text/css">P { margin-bottom: 0.21cm; }</style>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI MARKET REVIEW</b> :</div>
<div style="margin-bottom: 0cm; text-align: justify;">
SINGAPORE shares opened higher on
Thursday.The benchmark Straits Times Index rose 26.91 points or 0.93
per cent to 2,912.99. </div>
<div style="margin-bottom: 0cm; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiYENQqZNziZGcUckdWFFinQKfWFPPTG2kQGbj8Runjg9PseCxhexf07Txe7yICa-JTRV8N_ZtQnZBOL2-4fgKI30BMQD7Ov8q-2G8c85PocbDqfh155fxPKLAUMi3lnFgJfFjkqhk5Qa0/s1600/STI.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="252" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiYENQqZNziZGcUckdWFFinQKfWFPPTG2kQGbj8Runjg9PseCxhexf07Txe7yICa-JTRV8N_ZtQnZBOL2-4fgKI30BMQD7Ov8q-2G8c85PocbDqfh155fxPKLAUMi3lnFgJfFjkqhk5Qa0/s320/STI.png" width="320" /></a>following Wall Street's gain on expectations
the Federal Reserve would be confident enough about the US economy to
raise rates in December. STI closed33.8 points or 1.17% higher and
came off from its intra-day peak of 2932.78 and low of 2906.86.
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>LOCAL BOURSE
</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
Singapore equities climbed in line with
gains seen in most other Asian bourses<span lang="en-US">.The</span>
US Federal Reserve<span lang="en-US"> has also</span> signalled a
potential interest rate hike in December<span lang="en-US"> following
which the market had mixed sentiments towards gaining.</span> </div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET
FORECAST</b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
STI is expected to consolidate in next
trading session. Investors are still waiting for positive trend , but
market is not showing positive trend. If STI break 2940 then it may
take positive side.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en-GB"><b>STI COUNTER SPECIFIC
NEWS</b> </span>
</div>
<ul style="text-align: justify;">
<li><div lang="en-US" style="margin-bottom: 0cm;">
Sembcorp Marine
announced last evening that it has won a contract from a unit of
Modec Inc. to build a floating storage and offloading vessel.It
reported earlier that one of its customers has announced the
cancellation of a US$214 million ($304 million) contract for a
drilling rig.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Linc Energy revealed
that it has entered into a confidentiality, due diligence and
exclusivity agreement with an Australian company in relation to its
shale oil assets.The counter party has commenced due diligence in
accordance with the agreement but no formal negotiations regarding
the sale of the SAPEX assets have been held at this time.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Viva Industrial Trust
announced plans to raise a total of $110 million through a private
placement and preferential offering of its units.It will sell 101.1
million new stapled securities to its existing holders at $0.715
each in a ratio of one new unit for every seven held. The
preferential offer is expected to raise $72.3 million.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
First Reit is about
to acquire stake in Indonesian hospital and mall for S$70m.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>:</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Federal
Reserve officials continued to flag December as a likely time for
interest rates to rise after seven years near zero, with two
expressing confidence they will be able to pull off a rate hike
smoothly despite fears of an abrupt market reaction</span></div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Wall Street stocks
marched higher, greeting US Federal Reserve meeting on minutes that
suggested a likely interest rate increase in December.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
US dollar dipped
against the euro after the minutes of the Federal Reserve's October
policy meeting reinforced expectations of an interest rate hike next
month.Most participants of the Federal Open Market Committee
anticipated the US economy would be strong enough in December to
weather the first rate hike in over nine years.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Asian stocks and
emerging market currencies rallied after minutes from the Federal
Reserve showed growing confidence in the US economy, ramping up the
chances of a December interest rate hike.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Commodity markets are
in worse shape than in 2009, and is trading with more risks.Oil,
copper and coal are trading around their lowest levels since the
global financial crisis.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Oil prices rose in
Asian trade on Thursday as Europe struck back against the Islamic
State (IS) group after the Paris attacks and after a mild rise in US
stockpiles.US economy also lifted confidence, with most markets in
Asia advancing following a rally on Wall Street.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Gold may become a
three-figure commodity once again after holding above US$1,000 an
ounce ($1,420 an ounce) for the past six years.Bullion may slide
below the level in the first half of 2016 after the Federal Reserve
raises rate and the dollar gains.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China stocks ended
higher with a sharp rebound in small-caps offsetting the drag from
property shares and investor caution ahead of a flurry of new
listings.The blue-chip CSI300 index rose 1.6 per cent, to 3,774.97,
while the Shanghai Composite Index gained 1.4 per cent, to 3,617.06
points.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Tokyo stocks rose
1.07 per cent as investors weighed the Bank of Japan's decision to
keep its monetary easing programme unchanged, pushing up the yen
against the dollar.The Nikkei 225 at the Tokyo Stock Exchange rose
210.63 points to 19,859.81.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Shares in Hong Kong
climbed more than one per cent in opening trade after minutes from
the Federal Reserve's October policy meeting showed board members
had greater confidence in the US economy.The benchmark Hang Seng
Index rose 1.06 per cent, or 234.31 points, to 22,422.57.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-48803845621997860992015-11-19T03:34:00.000-08:002015-11-19T03:34:50.205-08:00Singapore Stock Market: STI Technical Analysis Outlook with Forecast<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI MARKET REVIEW</b> :</div>
<div style="margin-bottom: 0cm; text-align: justify;">
SINGAPORE shares opened higher on
Thursday.The benchmark Straits Times Index rose 26.91 points or 0.93
per cent to 2,912.99.</div>
<div class="separator" style="clear: both; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyCB4hhdrm9f-sdPPvlMpFFCHRqAh91GQDusZpdbVdPYyDgzJYzMu0vx6ryMgyimdjUtcdq6xG9se1Bblzfa_NArj5nDYgqkc3HJ4CZ1ufKA-1WgRUwi8Gb17Ji2ZM3ES9-aCebEK0j6U/s1600/STI+Chart.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="252" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyCB4hhdrm9f-sdPPvlMpFFCHRqAh91GQDusZpdbVdPYyDgzJYzMu0vx6ryMgyimdjUtcdq6xG9se1Bblzfa_NArj5nDYgqkc3HJ4CZ1ufKA-1WgRUwi8Gb17Ji2ZM3ES9-aCebEK0j6U/s320/STI+Chart.png" width="320" /></a></div>
<div style="margin-bottom: 0cm; text-align: justify;">
following Wall Street's gain on expectations
the Federal Reserve would be confident enough about the US economy to
raise rates in December. STI closed33.8 points or 1.17% higher and
came off from its intra-day peak of 2932.78 and low of 2906.86.
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>LOCAL BOURSE</b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
Singapore equities climbed in line with
gains seen in most other Asian bourses<span lang="en-US">.The</span>
US Federal Reserve<span lang="en-US"> has also</span> signalled a
potential interest rate hike in December<span lang="en-US"> following
which the market had mixed sentiments towards gaining.</span><br /><b>MARKET
FORECAST </b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
STI is expected to consolidate in next
trading session. Investors are still waiting for positive trend , but
market is not showing positive trend. If STI break 2940 then it may
take positive side.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b><span lang="en-GB">NEWS</span></b></div>
<ul style="text-align: justify;">
<li><div lang="en-US" style="margin-bottom: 0cm;">
Sembcorp Marine
announced last evening that it has won a contract from a unit of
Modec Inc. to build a floating storage and offloading vessel.It
reported earlier that one of its customers has announced the
cancellation of a US$214 million ($304 million) contract for a
drilling rig.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Linc Energy revealed
that it has entered into a confidentiality, due diligence and
exclusivity agreement with an Australian company in relation to its
shale oil assets.The counter party has commenced due diligence in
accordance with the agreement but no formal negotiations regarding
the sale of the SAPEX assets have been held at this time.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Viva Industrial Trust
announced plans to raise a total of $110 million through a private
placement and preferential offering of its units.It will sell 101.1
million new stapled securities to its existing holders at $0.715
each in a ratio of one new unit for every seven held. The
preferential offer is expected to raise $72.3 million.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
First Reit is about
to acquire stake in Indonesian hospital and mall for S$70m.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>:</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Federal
Reserve officials continued to flag December as a likely time for
interest rates to rise after seven years near zero, with two
expressing confidence they will be able to pull off a rate hike
smoothly despite fears of an abrupt market reaction</span></div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Wall Street stocks
marched higher, greeting US Federal Reserve meeting on minutes that
suggested a likely interest rate increase in December.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
US dollar dipped
against the euro after the minutes of the Federal Reserve's October
policy meeting reinforced expectations of an interest rate hike next
month.Most participants of the Federal Open Market Committee
anticipated the US economy would be strong enough in December to
weather the first rate hike in over nine years.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Asian stocks and
emerging market currencies rallied after minutes from the Federal
Reserve showed growing confidence in the US economy, ramping up the
chances of a December interest rate hike.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Commodity markets are
in worse shape than in 2009, and is trading with more risks.Oil,
copper and coal are trading around their lowest levels since the
global financial crisis.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Oil prices rose in
Asian trade on Thursday as Europe struck back against the Islamic
State (IS) group after the Paris attacks and after a mild rise in US
stockpiles.US economy also lifted confidence, with most markets in
Asia advancing following a rally on Wall Street.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Gold may become a
three-figure commodity once again after holding above US$1,000 an
ounce ($1,420 an ounce) for the past six years.Bullion may slide
below the level in the first half of 2016 after the Federal Reserve
raises rate and the dollar gains.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China stocks ended
higher with a sharp rebound in small-caps offsetting the drag from
property shares and investor caution ahead of a flurry of new
listings.The blue-chip CSI300 index rose 1.6 per cent, to 3,774.97,
while the Shanghai Composite Index gained 1.4 per cent, to 3,617.06
points.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Tokyo stocks rose
1.07 per cent as investors weighed the Bank of Japan's decision to
keep its monetary easing programme unchanged, pushing up the yen
against the dollar.The Nikkei 225 at the Tokyo Stock Exchange rose
210.63 points to 19,859.81.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Shares in Hong Kong
climbed more than one per cent in opening trade after minutes from
the Federal Reserve's October policy meeting showed board members
had greater confidence in the US economy.The benchmark Hang Seng
Index rose 1.06 per cent, or 234.31 points, to 22,422.57.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-89463513074448971972015-11-18T01:52:00.001-08:002015-11-18T01:52:14.326-08:00Singapore Stock Market Technical Analysis & Market Forecast<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div style="margin-bottom: 0cm; text-align: justify;">
The benchmark Straits Times Index STI
opened 8.78 points or 0.3 per cent lower at 2,908on Wednesday. STI
came off from its intra-day peak of 2909.45 and low of 2884.03.
STI closed lower to 30 points or 1% at 28<span lang="en-US">90.68</span><br /><b>LOCAL
BOURSE</b></div>
<div class="separator" style="clear: both; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjq0lwCA9pmuLWrLeYpdunQyxtn3CfRuI2eBkTnNDf8tWhejIsXjfAhv6iLcLF6rSbwprDYRstzTYYvKIU8Eo982TUXZJOGTnRwu0VvbqYdpmbhxmq0qoxzl0o2JXUAvoOFmmrd6uERWUA/s1600/parisChart1-01.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjq0lwCA9pmuLWrLeYpdunQyxtn3CfRuI2eBkTnNDf8tWhejIsXjfAhv6iLcLF6rSbwprDYRstzTYYvKIU8Eo982TUXZJOGTnRwu0VvbqYdpmbhxmq0qoxzl0o2JXUAvoOFmmrd6uERWUA/s320/parisChart1-01.png" width="299" /></a></div>
<div lang="en-US" style="margin-bottom: 0cm; text-align: justify;">
Singapore shares opened
lower as investor sentiments were dimmed by the 16-year low in
commodity prices.The investors have mixed sentiments as they are
awaiting the detailed report of GDP which will be released Wednesday
next week.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET FORECAST</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
Asian stock markets are expecting to
fall amid fears that the terror attacks in Paris would hurt Europe’s
economic recovery. STI has taken a support of 2885 we are expecting
it will go more down if it break support. Technical indicator also
not supporting the STI market.
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b><span lang="en-GB">NEWS</span></b></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">S</span>hares
in Neptune Orient Lines (NOL), buoyed by news of a potential
acquisition by CMA-CGM or AP Moeller-Maersk,gained 18% since it
reported a 3Q loss of US$96 million.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Sembcorp Marine is down 2.2% at
$2.20 after a customer cancels a US$214 million ($305 million)
contract to build a drilling rig.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Wilmar is trading down 1.0% <span lang="en-US">as
it is </span>stuck in a trading range until it can improve its
return on equity any further<span lang="en-US">.</span>Wilmar's
management emphasised achievements in scale, distribution, vertical
integration and potential to capture a share of the branded staple
food market in Asia, but remains skeptical.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>:</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Signs of
possible inflation gains in the United States helped boost the
dollar to its highest level against the euro since April.The dollar
rose to US$1.0644 per euro, and was slightly higher against the yen
but fell against British pound.</span></div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
US stock indexes
opened higher as better-than-expected earnings from Wal-Mart and
Home Depot allayed fears of a retail slowdown after last week's
sharp selloff in the sector.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Singapore Exchange
Ltd will open a dark pool for bonds entery for the institutional
fixed-income for the first time next year.SGX is seeing a business
opportunity in offering a platform for fixed income as regulatory
changes prompt global investment banks to scale back in this
segment.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Major European shares
emerged, while US stocks held their gains from the prior session as
investors continued to show resilience after Friday's deadly terror
attacks in Paris.The majority of stocks globally remain unfazed by
last week's terrorist attacks in Paris.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Tokyo's benchmark
stock index closed flat as investors await the outcome of a two-day
central bank meeting for fresh trading cues.The Nikkei 225 at the
Tokyo Stock Exchange edged up 0.09 per cent, or 18.55 points, to
19,649.18.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
China stocks fell
roughly 1 per cent as a surge in property shares in the wake of
encouraging home price data was offset by slides in many other
sectors as investors took profits.The market has rebounded more than
25 per cent from the low hit during the summer rout, but selling
pressure is increasing as China will soon resume initial public
offerings and many investors remain worried about the economy's
health.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Oil prices rebounded
in Asia but buying sentiment remained sluggish owing to supply glut
woes and a strong dollar.Traders are waiting for the release of
report on commercial stockpiles in the world's top oil consumer
which is expected to show an increase and further confirm the
oversupply.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Gold was down another
$3 in the Asian session,showing that the speculators are fearless.
Traders are counting down the days to the Federal Reserve meeting in
December which is impacting global prices of gold as gold gains
during global political stress has been moving just the opposite.
</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Hong Kong stocks
slipped, taking cues from weak mainland markets which remained
fragile, amid lingering anxiety over terrorism in the wake of
Friday's deadly attacks in Paris, falls in global commodity prices,
and the prospect of United States interest rates rising soon.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Commodities like oil,
copper and coal are trading around lowest levels since the global
financial crisis putting growing economies in concern.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-16313150132571501152015-11-17T02:39:00.002-08:002015-11-17T02:39:33.799-08:00Singapore Market Review: STi Technical Analysis & Forecast <div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
Singapore shares opened higher
following the rally on Wall Street overnight, in the wake of the
Paris attacks. <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix874hwQSUmQK0kBhxD2iZv2aIiluJVv9KwmtEBl8I1CEV8kntHLm7zV8XG5KA03vBZEAnmr3vWQCouV_qH9QILOI7FMddBBzz5rRudnhBWkfW7nrb2bif2v9-Y1sYvNVqY5GaqWvmLjQ/s1600/STI+Chart.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="236" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix874hwQSUmQK0kBhxD2iZv2aIiluJVv9KwmtEBl8I1CEV8kntHLm7zV8XG5KA03vBZEAnmr3vWQCouV_qH9QILOI7FMddBBzz5rRudnhBWkfW7nrb2bif2v9-Y1sYvNVqY5GaqWvmLjQ/s320/STI+Chart.png" width="320" /></a>The benchmark Straits Times Index rose 19.68 points or
0.67 per cent to 2,935.41 in early trading on Tuesday. And closed
lower to 1.4 points or .05%. STI came off from its intra-day peak
of 2940.86 and low of 2910.17</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>LOCAL BOURSE </b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
Singapore shares opened at high and
consolidated the market after the deadly Paris attacks.The October
contraction was largely due to a 7.4% drop in exports of Integrated
circuits (ICs), a 32.2% decline in parts of ICs and a 12.2% reduction
in parts of personal computers.The exports are likely to stay weak
for rest of the 2015.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>MARKET FORECAST </b>
</div>
<div lang="en-GB" style="margin-bottom: 0cm; text-align: justify;">
STI is expected to
consolidate with positive sentiments. It is expected to go upto 2995
If it breaks its resistance of 2945, it might go up to 2995. STI has
its support at 2880. Investor’s sentiment are positive as today
market show positive sentiment.
</div>
<div lang="en-GB" style="margin-bottom: 0cm; text-align: justify;">
<b>STI COUNTER SPECIFIC
NEWS </b>
</div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
AusNet Services has posted 1H16
earnings of A$374.5 million ($377.7 million) compared to losses of
A$4.9 million.Revenue for the six months increased 10% y-o-y to
A$1.1 billion.</div>
</li>
<li><div style="margin-bottom: 0cm;">
SMRT Corp was fined $21,396.16
for not meeting the second-year standard for the percentage of taxis
on the roads during peak period in February.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Triyards Holdings has extended its
product range to include escort tugs to meet the demands of new
client.The contract is worth some US$12.8 million ($18.2 million) to
build four RA star 3400 Azimuth Stern Drive Tugs.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES:</b></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
Crude prices pushed higher after
US-led coalition jets targeted the Islamic State group's oil
operations in retaliation following the deadly attacks on Paris.The
gains were not whole-hearted; early weakness in the market came
after Japan, a major importer, reported a second straight quarter of
economic contraction.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Wall Street had its strongest
session in three weeks , with sizeable gains in energy shares as
investors bet Friday's deadly attacks in Paris would have little
long-term impact on the US economy and corporate earnings.</div>
</li>
<li><div style="margin-bottom: 0cm;">
The euro hit a seven-month low
against the US dollar after a key European Central Bank reinforced
expectations for further monetary easing in emerging market
currencies.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Tokyo's benchmark index closed
more than 1 % higher on a weaker yen,.The Nikkei 225 jumped 1.22
per cent, or 236.94 points, to 19,630.63.</div>
</li>
<li><div style="margin-bottom: 0cm;">
After a solid performance in
morning trade, China stocks lost momentum and ended flat as small
caps slumped on profit-taking, reflecting how market sentiment
remained fragile.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Singapore's non-oil domestic
exports dipped 0.5 per cent ,after a 0.3 per cent rise, due to a
drop in electronic NODX which outweighed the increase in
non-electronic NODX.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Hong Kong stocks rose roughly 1
per cent, reflecting strength in most Asian markets after an
overnight rally in Wall Street signaled receding anxiety from
Friday's deadly attacks in Paris.</div>
</li>
<li><div style="margin-bottom: 0cm;">
European stocks rose sharply in
opening trade, as investors continued to show resilience after
Friday's deadly terror attacks .</div>
</li>
<li><div style="margin-bottom: 0cm;">
Revenue at the world's 10 largest
investment banks is on course to decline again in 2015 by two
percent to US$148 billion compared to a year ago, although a strong
showing in equities will limit the fall.It followed a weak third
quarter, when revenue slipped by 8 per cent.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Gold sank back towards five-year
lows as the downward impact of a firmer U.S. dollar and weaker
demand in major gold buyers weighed on prices.
</div>
</li>
<li><div style="margin-bottom: 0cm;">
Expectations are growing that the
United States will hike interest rates next month, which has pushed
the dollar to its highest in half a year against a basket of
currencies, making precious metals more expensive for holders of
other currencies.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-71273320514146091722015-11-16T16:00:00.000-08:002015-11-16T22:52:54.807-08:00Singapore Stock Market: STI Technical Analysis & Forecast<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div style="margin-bottom: 0cm;">
<b>STI MARKET REVIEW :</b></div>
<div style="margin-bottom: 0cm;">
The benchmark Straits Times Index (STI) opened 29.64 points or 1.01 percent lower at 2,896.04 on Monday and ended higher to -9.9 points or 0.34%. STI came off from its intra-day peak off
2923.94 and low 2885.60.
Sares opened lower on Monday morning, as Asian markets declined on jittery investor sentiments after Islamist militants launched coordinated attacks across Paris.</div>
<div style="margin-bottom: 0cm;">
<b>LOCAL BOURSE</b></div>
<div style="margin-bottom: 0cm;">
The market started at a low after the news of deadly attack
in Paris.The Straits Times Index now rests just above the 2,960 and
has rebounded after the fall .The global forecast is flat. Morning
sentiment was weak and stocks reversed early losses and the market
regained its footing after being hit .
</div>
<div style="margin-bottom: 0cm;">
<b>MARKET FORECAST</b>
</div>
<div lang="en-GB" style="margin-bottom: 0cm;">
We are expecting STI will
be positive because opening of the market was gap down but it filled
the gap and if cross high i.e. 2924 then it will be positive for some
days.
</div>
<div lang="en-GB" style="margin-bottom: 0cm;">
<b>STI COUNTER SPECIFIC
NEWS </b>
</div>
<ul>
<li><div style="margin-bottom: 0cm;">
SEMBCORP Marine, provider of
cruise ship repair, refurbishment and conversion work, successfully
upgraded the Pacific Eden and the Pacific Aria at its Admiralty
yard.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Singapore Post has restructured
its organisation into four areas of operations after making several
investments recently,after the acquisitions of Trade Global Inc. and
Jagged Peak.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Singapore Press Holdings' total
newspaper circulation, including print and digital editions, rose
4.3% y-o-y in FY2015,according to the company's annual report..</div>
</li>
</ul>
<div style="margin-bottom: 0cm;">
<b>GLOBAL FACTORS AND WORLD INDICES</b>:</div>
<ul>
<li><div style="margin-bottom: 0cm;">
Asian stocks fell to six-week
low,emerging-market stocks declined and currencies weakened as the
terror attacks in Paris spurred a selloff in riskier assets.</div>
</li>
<li><div style="margin-bottom: 0cm;">
China is able to maintain a medium
to high economic growth rate and expects economy to grow at around
7 per cent this year after a downfall.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Tokyo's benchmark stock index
ended one per cent lower after data showed Japan's economy slipped
back into recession.The Nikkei 225 at the Tokyo Stock Exchange
slipped 1.04 per cent, or 203.22 points, to 19,393.69, while the
broader Topix index of all first-section shares closed down 0.90 per
cent, or 14.30 points, at 1,571.53.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Oil prices climbed in Asia on
geopolitical tensions sparked by the deadly terror attacks in Paris
but the global crude supply glut is likely to restrict any gains.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Japan's economy contracted in the
third quarter on sluggish business investment.Gross domestic product
declined an annualised 0.8% in the three months.</div>
</li>
<li><div style="margin-bottom: 0cm;">
The euro fell against its major
peers in Asia as dealers shifted back to safer investments after the
deadly weekend terror attacks in Paris reinforced concerns about the
impact on the already struggling eurozone economy.</div>
</li>
<li><div style="margin-bottom: 0cm;">
US Treasury Secretary has urged
Japan to offer fiscal support to its economy to ensure it returns to
growth driven by domestic demand.</div>
</li>
<li><div style="margin-bottom: 0cm;">
China’s yuan is poised to enter
the big leagues of global currencies.IMF have recommended the yuan
be included in the fund’s Special Drawing Rights reserve-currency
basket, alongside the US dollar, euro, pound and yen.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Indonesia posted its 11th straight
monthly trade surplus, which should guarantee its first annual
surplus since 2011 but also shows how weak imports remain.
</div>
</li>
<li><div style="margin-bottom: 0cm;">
China stocks reversed early
losses and ended higher, as the market regained its footing after
being hit by anxiety stemming from the deadly attacks in
Paris.Morning sentiment was also weak also because regulators
tightened margin financing requirements over the weekend.</div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-91552363358531006452015-11-06T01:09:00.001-08:002015-11-06T01:09:48.435-08:00CHINA AVIATION OIL(S) CORP LTD.: COMPANY OVERVIEW<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
TLV <span lang="en-IN">Holdings Limited
</span>was incorporated in Singapore <span lang="en-IN">in 1997 </span>under
the name "TLV Holdings Pte. Ltd.". <span lang="en-IN">And
later </span>changed its name to "TLV Holdings Limited". <span lang="en-IN"></span><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjN8YBBsz9g3ygb3BK0SDN-xYUbRlLzyc0WiTUL_fWMtCti72nmNqirhxK53mso5GHmigIBLFTDsjOyC8C5cly2mU688lp_cjuy_nus8lu8CQvVo3Ryf2vG_LuL5d22mLd322FNLIBFDfY/s1600/Stock.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjN8YBBsz9g3ygb3BK0SDN-xYUbRlLzyc0WiTUL_fWMtCti72nmNqirhxK53mso5GHmigIBLFTDsjOyC8C5cly2mU688lp_cjuy_nus8lu8CQvVo3Ryf2vG_LuL5d22mLd322FNLIBFDfY/s320/Stock.png" width="213" /></a><span lang="en-IN">It
</span>engages in the wholesale and retail sale of jewelry in
Singapore<span lang="en-IN"> also </span>provides pre-owned jewelry
and watch pawn broking and retailing services. <span lang="en-IN">It
provides the</span> after-sales services to customers <span lang="en-IN">like</span>
repairing and engraving, and <span lang="en-IN">customization</span>
works <span lang="en-IN">like</span> setting of loose diamonds,
alteration of ring sizes and plating of <span lang="en-IN">jewelry</span>.<span lang="en-IN">
TLV also </span>participates in exhibitions and sells jewelry in the
United States, Europe, the Middle East, East Asia, and Southeast
Asia. <span lang="en-IN">It consists of a </span>retail network of
approximately 19 retail outlets under the brand names of Taka
Jewellery and Lovis Diamonds; and 2 pawnshops in Yishun and Serangoon
Road.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>FINANCIAL VIEW</b></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
The ratio of asset and liability
is <span lang="en-IN">inc</span>reasing as y-o-y figures are
considered.</div>
</li>
<li><div style="margin-bottom: 0cm;">
The net income is continuously
<span lang="en-IN">in</span>creasing, as well as Gross Profit is
also <span lang="en-IN">in</span>creasing.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STOCKS TECHNICAL:</b></div>
<table border="1" cellpadding="7" cellspacing="0" style="margin-left: 0px; margin-right: 0px; text-align: left; width: 100%px;">
<colgroup><col width="67*"></col>
<col width="62*"></col>
<col width="78*"></col>
<col width="49*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="5" width="26%">
SGX Symbol<br />
</td>
<td width="24%">
<div lang="en-IN">
42L</div>
</td>
<td width="31%">
Currency<br />
</td>
<td width="19%">
SGD<br />
</td>
</tr>
<tr valign="TOP">
<td height="6" width="26%">
Last Done<br />
</td>
<td width="24%">
<div lang="en-IN">
0.590</div>
</td>
<td width="31%">
Volume(‘000)<br />
</td>
<td width="19%">
<div lang="en-IN">
21950</div>
</td>
</tr>
<tr valign="TOP">
<td height="5" width="26%">
Day’s Range<br />
</td>
<td width="24%">
<div lang="en-IN">
0.590-0.590</div>
</td>
<td width="31%">
5<span lang="en-IN">2</span>Weeks’ Range<br />
</td>
<td width="19%">
<div lang="en-IN">
0.50-0.90</div>
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Weekly Chart</b></div>
<table border="1" cellpadding="7" cellspacing="0" style="margin-left: 0px; margin-right: 0px; text-align: left; width: 100%px;">
<colgroup><col width="60*"></col>
<col width="66*"></col>
<col width="63*"></col>
<col width="67*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td width="23%">
S1<br />
</td>
<td width="26%">
S2<br />
</td>
<td width="25%">
R1<br />
</td>
<td width="26%">
R2<br />
</td>
</tr>
<tr valign="TOP">
<td width="23%">
<div lang="en-IN">
0.158</div>
</td>
<td width="26%">
<div lang="en-IN">
0.138</div>
</td>
<td width="25%">
<div lang="en-IN">
0.199</div>
</td>
<td width="26%">
<div lang="en-IN">
0.215</div>
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>TECHNICAL INDICATORS:</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Daily Chart</b>: <span lang="en-IN">It is a
relatively new counter with strong fundamentals and has recently
started to move in an uptrend with good volume. Fibonacci Fan Tool
also suggest that if it moves beyond the level of 0.170 it will go
upto 0.200 to 0.215 in short to mid term. Moreover, the bollinger
bands rule is also suggesting its continue uptrend in the coming few
days. With minor corrections if any.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
Weekly Chart: <span lang="en-IN">In
weekly chart also it can be seen that if 0.170 is crossed the next
resistance level will be at 0.215.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Our VIEW:</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
Overall Trend: Overall trend seems to
be <span lang="en-IN">Bullish in</span> <span lang="en-IN">short to
medium term </span>with some minor corrections, if any.<br /><b>Short term
View</b>: <span lang="en-IN">Bullish above 0.170 , with support at 0.158.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Long term View:</b> <span lang="en-IN">Bullish
above 0.200 , with support at 0.170.</span></div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-75006133629167647232015-11-05T23:37:00.003-08:002015-11-05T23:37:42.977-08:00COMPANY OVERVIEW: Federal International (2000) Ltd<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="margin-bottom: 0cm;">
<style type="text/css">P { margin-botto</style>Federal International (2000) Ltd
distributes and provides flow-line control products and services to
the oil and gas, power, petrochemical, and pharmaceutical industries.
The Company also distributes oilfield engineering materials, provides
fire protection and detection systems, distributes electrical
products, and provides information technology (IT) services.</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXxqog9261R6z2Ok6ufsVUMe44nB95aAmcc5ECmsO0tRhAXiHQbo2XYSS-w5FwfbVbj3233-sn54OWZR_QCIGimYibh05A1HDrnXUg2oZO7OG14L5wqK1izjXHzOIqePSu9ggAHMGsvvFe/s1600/Stock+Report.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="194" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXxqog9261R6z2Ok6ufsVUMe44nB95aAmcc5ECmsO0tRhAXiHQbo2XYSS-w5FwfbVbj3233-sn54OWZR_QCIGimYibh05A1HDrnXUg2oZO7OG14L5wqK1izjXHzOIqePSu9ggAHMGsvvFe/s320/Stock+Report.png" width="245" /></a></div>
<div style="margin-bottom: 0cm;">
<style type="text/css">P { margin-bottom: 0.21cm; }</style>
</div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 169px; width: 310px;">
<colgroup><col width="187*"></col>
<col width="69*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td width="73%">
Return on Assets<br />
</td>
<td width="27%">
10.43<br />
</td>
</tr>
<tr valign="TOP">
<td width="73%">
Total Equity
<br />
</td>
<td width="27%">
63.73<br />
</td>
</tr>
<tr valign="TOP">
<td width="73%">
Total Market Cap<br />
</td>
<td width="27%">
S$ 42.2 mm<br />
</td>
</tr>
<tr valign="TOP">
<td width="73%">
DIVIDEND INDICATED GROSS YIELD<br />
</td>
<td width="27%">
NA<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm;">
<br /></div>
<div style="margin-bottom: 0cm;">
<style type="text/css">P { margin-bottom: 0.21cm; }</style>
</div>
<div style="margin-bottom: 0cm;">
<b>FINANCIAL VIEW:</b></div>
The Market Capitalization and
positive NAV indicate the overall growth of the company which is
increasing year on year.<br />
<style type="text/css">P { margin-bottom: 0.21cm; }</style>
<br />
<div style="margin-bottom: 0cm;">
STOCKS TECHNICAL:</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_9S9Az7h4JRwePhj0pixUR_hJH294Dtesxlqmpd3MkaFslBgD1ByVyoiE1Of7gshTmlek8rFP9COha9dSfCtNQBNPAAvcpIOLBdkGlao7QJbjCKZHDI7ahkR3HCbFX5c-j69WahSl62om/s1600/Stock+Report1.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="143" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_9S9Az7h4JRwePhj0pixUR_hJH294Dtesxlqmpd3MkaFslBgD1ByVyoiE1Of7gshTmlek8rFP9COha9dSfCtNQBNPAAvcpIOLBdkGlao7QJbjCKZHDI7ahkR3HCbFX5c-j69WahSl62om/s320/Stock+Report1.png" width="256" /></a></div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 158px; width: 336px;">
<colgroup><col width="67*"></col>
<col width="61*"></col>
<col width="89*"></col>
<col width="40*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="5" width="26%">
SGX Symbol<br />
</td>
<td width="24%">
BDU<br />
</td>
<td width="35%">
Currency<br />
</td>
<td width="16%">
SGD<br />
</td>
</tr>
<tr valign="TOP">
<td height="6" width="26%">
Last Done<br />
</td>
<td width="24%">
10.310<br />
</td>
<td width="35%">
Volume(‘000)<br />
</td>
<td width="16%">
182<br />
</td>
</tr>
<tr valign="TOP">
<td height="6" width="26%">
Change<br />
</td>
<td width="24%">
+0.010<br />
</td>
<td width="35%">
% change<br />
</td>
<td width="16%">
3.33%<br />
</td>
</tr>
<tr valign="TOP">
<td height="5" width="26%">
Day’s Range<br />
</td>
<td width="24%">
0.300-0.310<br />
</td>
<td width="35%">
52 Weeks’ Range<br />
</td>
<td width="16%">
-<br />
</td>
</tr>
</tbody></table>
<div>
<style type="text/css">P { margin-bottom: 0.21cm; }</style>
<div style="margin-bottom: 0cm;">
<b>Technical Indicators and Recommendation</b></div>
<div style="margin-bottom: 0cm;">
Technical indicators are supportive for
Federal International; it may be give the breakout of upper band with
good volume. So if we trade in big quantity then we can earn good
profit.</div>
</div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-89108337173426584992015-11-05T04:48:00.000-08:002015-11-05T04:50:26.242-08:00Singapore Stock Exchange - STI Technical Analysis & Forecast 5-Nov<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>STI MARKET REVIEW :</b></div>
<div class="separator" style="clear: both; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiYcXBCgeqw7lesjH3ocSBi9Z6SK7sRO6jFeE4r4Gooe9TDIMC-HSNPAE-vB-o3L74n7lycadEDq1lGc1AaNBEV6XLaA0-acg33ZsLleFSZlzWieJWXFIaz5C0CNaNag05lLu33jKGIH4/s1600/STI.png" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="196" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiYcXBCgeqw7lesjH3ocSBi9Z6SK7sRO6jFeE4r4Gooe9TDIMC-HSNPAE-vB-o3L74n7lycadEDq1lGc1AaNBEV6XLaA0-acg33ZsLleFSZlzWieJWXFIaz5C0CNaNag05lLu33jKGIH4/s320/STI.png" width="249" /></a></div>
<div style="margin-bottom: 0cm; text-align: justify;">
Singapore’s benchmark Straits Times
Index shares traded lower on Thursday, as US Federal Reserve chair
Janet Yellen's comment that a December interest-rate hike remains a
"live possibility" continued to sap trading. and ended
16.83 points or 0.55% lower to 3023.65. STI came off from its
intra-day peak of 3043.85 and low of 3029.44. <br />
Singapore
equities inched lower at noon on Thursday, amid mixed trading in
other Asian bourses ahead of pertinent US nonfarm payroll figures on
Friday.<br />
<b>LOCAL BOURSE
</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en-GB">S</span><span lang="en-IN">ingapore’s</span><span lang="en-GB">
moneylenders' credit bureau will begin operations next year</span><span lang="en-IN">.
</span><span lang="en-GB">The Ministry of Law (MinLaw) will require
all licensed moneylenders to provide information of their loans and
the payment behaviour of their customers to the bureau. </span>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span lang="en-GB">L</span><span lang="en-IN">ife</span><span lang="en-GB">
insurance business in Singapore climbed 15 per cent to S$813 million
in total weighted new business premiums in the third quarter of
2015</span><span lang="en-IN">.</span><br />
<b>MARKET FORECAST</b>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
STI is expected to consolidate within
the range of 30<span lang="en-IN">45 - 3010</span>.<span lang="en-IN">
It has its support at 3000</span> and resistance at 30<span lang="en-IN">45</span>.
<span lang="en-IN">If it breaks thhis resistance it might go up to
3075. </span>Investor<span lang="en-IN">’s sentiment </span>are
cautious over the <span lang="en-IN">statement made by Jennet Yellen</span>
increas<span lang="en-IN">ing expectation to raise</span> US interest
rate <span lang="en-IN">in December and over </span>US nonfarm
payroll figures<span lang="en-IN"> to be released</span> on Friday.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b><span lang="en-GB">STI COUNTER
SPECIFIC NEWS</span></b></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
Oil and gas infrastructure
services firm Rotary Engineering reported net profit of S$6.3
million for the three months ended Sep 30, 2015, down 42 per cent
from S$10.9 million the same quarter a year ago.<span lang="en-IN">
</span>Revenue fell to S$60.3 million from S$172 million a year ago,
a decrease of 65 per cent.</div>
</li>
<li><div style="margin-bottom: 0cm;">
Halcyon Agri turned around a
year-ago loss to post a US$47,000 net profit in the third quarter on
the back of its newly acquired trading business, the rubber producer
announced on Wednesday after the market closed.</div>
</li>
<li><div style="margin-bottom: 0cm;">
P<span lang="en-IN">arkway</span>
Life Real Estate Investment Trust (PLife Reit) on Thursday posted a
15.6 per cent year-on-year rise in third-quarter distributable
income to S$20.3 million, or a distribution per unit (DPU) of 3.36
Singapore cents.</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>GLOBAL FACTORS AND WORLD INDICES:</b></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Hong Kong
shares finished flat on Thursday, after a rally in China's stock
market offset losses on the Federal Reserve's message of a possible
"liftoff" in US interest rates in December. Hang Seng
index was unchanged at 23,051.04</span><span lang="en-IN">.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">London's stock
market fell at the start of trading Thursday as investors looked
ahead to the Bank of England's latest interest rate decision and
inflation forecasts.</span><span lang="en-IN"> </span><span lang="en-US">In
the eurozone, the Frankfurt and Paris indices rose slightly.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">China's stocks
extended the gains on Thursday as investors jumped into blue-chip
shares, driving trading volume to its highest in two-and-a-half
months.</span><span lang="en-IN"> </span><span lang="en-US">CSI300
index of the largest listed companies in Shanghai and Shenzhen rose
2.1 per cent, to 3,705.97, while the Shanghai Composite Index gained
1.9 per cent, to 3,522.82 points.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Japanese stocks
closed near a 10 week high on Thursday as a weaker yen boosted
prospects for exporters, and corporate-earnings and dividend related
announcements stoked share buying.</span><span lang="en-IN"> </span><span lang="en-US">Nikkei
share average gained 1 per cent to end the day at 19,116.41, its
highest close since August 28.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">South Korean
shares and won lost ground on Thursday after comments from Federal
Reserve Chair Yellen bolstered expectations that US interest rates
could be raised as early as December.</span><span lang="en-IN">
Korea Composite Stock Price Index (KOSPI) trimmed early losses and
closed down 0.2 per cent at 2,049.42 points.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">Australian
shares closed lower on Thursday with bank stocks providing the
biggest drag.</span><span lang="en-IN"> </span><span lang="en-US">National
Australia Bank, which traded ex-dividend, ended 4.5 per cent lower,
while the other major banks were down between 0.5 per cent and 1.0
per cent. S&P/ASX 200 index fell 0.9 per cent, or 49.29 points,
to 5,193.00.</span></div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Major Asian markets
defied a negative lead from Wall Street on Thursday, with Shanghai
performing especially strongly and Japan Post shares soaring again
in Tokyo.</div>
</li>
<li><div lang="en-US" style="margin-bottom: 0cm;">
Gold held near a
one-month low on Thursday and looked likely to drop below the
US$1,100-an-ounce level after Federal Reserve Chair Janet Yellen
bolstered market expectations for a US interest rate hike in
December.</div>
</li>
<li><div style="margin-bottom: 0cm;">
<span lang="en-US">D</span><span lang="en-IN">o</span><span lang="en-US">llar
held steady in Asia on Thursday after US central bank chief Janet
Yellen suggested that a December US interest rate lift-off was still
on the table.</span></div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-5366585265841367722015-10-28T04:40:00.000-07:002015-10-28T04:40:13.273-07:00SGX Singapore: STI Technical Analysis Outlook<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="margin-bottom: 0cm;">
<style type="text/css">P { </style><span style="font-family: FreeSans, sans-serif;"><b>STI
MARKET REVIEW</b> :</span></div>
<div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;">Singapore’s
benchmark Straits Times Index (STI) opened 9.95 points or 0.33 per
cent lower at 3,042.58 on Wednesday, following a retreat of shares on
Wall Street overnight and ended 12.0 points or 0.39% lower to
3040.50. STI came off from its intra-day peak of 3055.81 and low of
3035.76. </span>
</div>
<div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;">Singapore
stocks inched lower mid day, as investors awaited a rate-setting
decision by the US Federal Reserve. Singapore's dollar will weaken
about 2% versus the greenback by the end of the year after the
city-state's central bank "slightly" reduced the pace of
the currency's gains versus those of its trading partners this month.
</span>
</div>
<div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><b>LOCAL
BOURSE</b>
</span>
</div>
<div style="margin-bottom: 0cm;">
<a href="https://www.blogger.com/null" name="_GoBack"></a><span style="font-family: FreeSans, sans-serif;">Singapore
is likely to remain "perilously" close to a technical
recession in the coming months, citing a slowdown in consumer demand
and weak sentiment.<br />Singapore "narrowly averted" a
technical recession in the third quarter, which economists commonly
define as two consecutive quarters of decline in gross domestic
product.<br />The revised reading of the third quarter GDP data may
even change the scenario to a technical recession.</span></div>
<div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><b>MARKET
FORECAST</b></span></div>
<div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;">STI
is expected to consolidate within the range of 3060 - 3025. It has
broken its support of 3040 today. It has its next support at 3025 and
resistance at 3060. Investors are cautious over the decision to be
take in FED meeting to increase the US interest rate this year.</span></div>
<div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><b><span lang="en">STI
COUNTER SPECIFIC NEWS</span></b></span></div>
<ul>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;">Biosensors
International Group said on Wednesday it has received an offer from
Citic Private Equity Funds Management Co for the proposed
amalgamation of the group with its substantial shareholder, CB
Medical Holdings.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;">Singapore
Post has appointed Japan's Shimizu Corporation as the main
contractor to undertake the redevelopment and office works at its
flagship SingPost Centre for about S$150 million.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;">Capitaland
Commercial Trust (CCT) on Wednesday reported a 2.4 per cent rise in
distribution per unit (DPU) to 2.14 Singapore cents for the third
quarter ended Sept 30, 2015, on the back of higher rents.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;">OLAM
International said on Wednesday it has secured a revolving credit
and term-loan facility amounting to US$1 billion, which it will use
to refinance debt as well as meet its working capital and general
corporate funding needs.</span></div>
</li>
</ul>
<div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><b>GLOBAL
FACTORS AND WORLD INDICES:</b></span></div>
<ul>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">European
shares edged higher in early deals on Wednesday, buoyed by a fresh
batch of company earnings reports ahead of a Federal Reserve policy
decision later in the day.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">Hong
Kong shares fell on Wednesday, following mainland China shares lower
after a bout of late afternoon profit taking. Hang Seng index ended
down 0.8 percent at 22,956.57 points, while the China Enterprises
Index lost 1.5 percent to 10,558.47.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">China
stocks fell on Wednesday, with a late afternoon bout of profit
taking pushing major indexes deep into the red. "The fall today
remained propelled by profit-taking after the gains in recent
weeks," said Xiao Shijun, an analyst at Guodu Securities in
Beijing. "With lots of reforms in the pipeline and official
economy-boosting steps taken, the market will remain in a rebounding
track in the medium term despite short-term volatility."</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">Tokyo
stocks ended 0.67 per cent higher on Wednesday as Japan's latest
earnings season gets into full swing and investors await the outcome
of a Federal Reserve policy meeting.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">South
Korean shares edged down on Wednesday as investors adopted a
wait-and-see stance ahead of the US Federal Reserve policy decision
later in the day. Korea Composite Stock Price Index (KOSPI) ended
down 0.1 per cent at 2,042.51 points.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">Australian
shares recouped early losses on Wednesday after surprisingly subdued
inflation reinforced speculation of more monetary easing and lower
bond yields, making stocks a more palatable asset.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">Asian
stocks mixed, dollar strengthened against the euro and Australian
dollar as traders wait on Federal Reserve commentary. </span></span>
</div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: FreeSans, sans-serif;"><span lang="en-US">Oil
prices barely moved in Asia Wednesday as investors waited for a
report on US crude inventories and the conclusion of a Federal
Reserve policy meeting hoping for an idea about its plans for
interest rates.</span></span></div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-35375612479435813072015-09-29T03:14:00.000-07:002015-09-29T03:14:25.319-07:00SGX Today- Technical Analysis Outlook & Forcast 30 Sept<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div align="JUSTIFY" style="margin-bottom: 0cm;">
Singapore’s
benchmark Straits Times Index opened on Tuesday morning at 2,754.35
points, down 1.35 per cent or 37.57 points as overnight US losses
dragged down morning trading in Asia and ended 4.0 points or 0.14%
lower to 2787.90. STI came off from its intra-day peak of 22790.60
and low of 2740.36.
</div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
Singapore stocks were
down midday as commodity-related companies led a sell-off over
concerns of weaker raw materials prices amid China's economic
slowdown.
</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjifbGvOHwze8S_4Dp7oZh8M1Homp4owhl21nqTTPM6AnZNV1tvUsEQtkDg8zTjUZOEXafxcWcspDURS7n5Ydtd2mvxI8lbadbe-if0nYD8XJEv59w5X6V4bh0U5FB8lHUugBw9CzbDJrOs/s1600/Laguna-Beach-Housing-Market-Update1.gif" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjifbGvOHwze8S_4Dp7oZh8M1Homp4owhl21nqTTPM6AnZNV1tvUsEQtkDg8zTjUZOEXafxcWcspDURS7n5Ydtd2mvxI8lbadbe-if0nYD8XJEv59w5X6V4bh0U5FB8lHUugBw9CzbDJrOs/s320/Laguna-Beach-Housing-Market-Update1.gif" width="320" /></a></div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
<a href="https://www.blogger.com/null" name="_GoBack"></a><b>LOCAL
BOURSE</b>
</div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
Singapore's
manufacturing sector continues to be a negative in the economy in
third quarter of 2015.</div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
Singapore's full-year
2015 GDP growth to 2.2% from 2014's 2.9%. It had earlier projected
Singapore's 2015 GDP growth at 2.5%.</div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
Singapore property
auction market saw S$27.6 million of deals in the third quarter of
the year, more than double the S$10 million seen in the second
quarter though slightly below the S$31.7 million seen a year ago.</div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
Singapore dollar (SGD)
fell through S$1.43 on Tuesday, to a fresh six-year low, on increased
concerns over global growth.</div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
<b>Market forecast</b>:</div>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
STI is expected to
consolidate. STI has broken the support level of 2757. STI has its
resistance at 2800. If it breaks this level it might go up to 2830.
Investor sentiments are cautious over the early rate hike of U.S. By
FED and slowdown of china’s economy.</div>
<table border="1" cellpadding="0" cellspacing="1" style="width: 216px;">
<colgroup><col width="130"></col>
<col width="82"></col>
</colgroup><tbody>
<tr>
<td bgcolor="#e6eed5" colspan="2" height="20" valign="TOP" width="212"><div align="CENTER">
STI LEVELS</div>
</td>
</tr>
<tr valign="TOP">
<td bgcolor="#cdddac" height="22" width="130"><div align="JUSTIFY">
Support 1</div>
</td>
<td bgcolor="#cdddac" width="82"><div align="JUSTIFY">
2733</div>
</td>
</tr>
<tr valign="TOP">
<td bgcolor="#e6eed5" height="22" width="130"><div align="JUSTIFY">
Support 2</div>
</td>
<td bgcolor="#e6eed5" width="82"><div align="JUSTIFY">
2715</div>
</td>
</tr>
<tr valign="TOP">
<td bgcolor="#cdddac" height="22" width="130"><div align="JUSTIFY">
Support 3</div>
</td>
<td bgcolor="#cdddac" width="82"><div align="JUSTIFY">
2700</div>
</td>
</tr>
<tr valign="TOP">
<td bgcolor="#e6eed5" height="20" width="130"><div align="JUSTIFY">
Resistance 1</div>
</td>
<td bgcolor="#e6eed5" width="82"><div align="JUSTIFY">
2806</div>
</td>
</tr>
<tr valign="TOP">
<td bgcolor="#cdddac" height="22" width="130"><div align="JUSTIFY">
Resistance 2</div>
</td>
<td bgcolor="#cdddac" width="82"><div align="JUSTIFY">
2830</div>
</td>
</tr>
<tr valign="TOP">
<td bgcolor="#e6eed5" height="21" width="130"><div align="JUSTIFY">
Resistance 3</div>
</td>
<td bgcolor="#e6eed5" width="82"><div align="JUSTIFY">
2860</div>
</td>
</tr>
</tbody></table>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
<b><span lang="en">STI
COUNTER SPECIFIC NEWS </span></b>
</div>
<ul>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en">Croesus
Retail Trust is acquiring Torius Property, a retail property located
in Fukuoka, Japan, for a purchase consideration of JPY8 billion
($95.2 million), through debt and equity financing.</span> <span lang="en">The
consideration represents a 3.7% discount to valuation of JPY8.3
billion.</span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en">Huationg
Global, the full-service integrated civil engineering solutions
provider, it has secured new civil engineering contracts worth a
total of $81.3 million.</span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en">Rex
International Holdings' subsidiary, Rex International Investments
(RII) will subscribe to one million new Lime Petroleum Norway AS
shares at a nominal value of NOK 100 per share for a total transfer
price of NOK 100 million ($16.8 million).</span></div>
</li>
</ul>
<div align="JUSTIFY" style="margin-bottom: 0cm;">
<b>GLOBAL FACTORS AND WORLD
INDICES</b>:</div>
<ul>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">Hong
Kong stocks tumbled 3 per cent to a two-year low on Tuesday as
growing fears of a sharp slowdown in the world economy sparked heavy
selling, particularly in energy and commodity related shares.</span>
<span lang="en-US">The benchmark Hang Seng index fell 3.0 per cent
to 20,556.60 points, its lowest close since July, 2013.</span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">The
Nikkei 225 at the Tokyo Stock Exchange dropped 714.27 points to
16,930.84 by the close, erasing all of its gains for the year. The
index is down 18 per cent since authorities shocked world markets by
devaluing China's yuan currency in mid-August.</span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">European
shares fell for the second day in a row on Tuesday as weakness in
the commodities sector hit markets, though battered miner Glencore
halted its slide after a bruising sell-off on Monday.</span> <span lang="en-US">The
pan-European FTSEurofirst 300 index and the euro zone's blue-chip
Euro STOXX 50 index both fell 1.6 per cent</span>.</div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">Malaysia's
ringgit fell, headed for its biggest quarterly loss since 1997, as
the relatively low level of import cover afforded by the nation's
foreign-exchange reserves makes the currency more vulnerable to an
emerging markets selloff.</span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">The
Reserve Bank of India (RBI) lowered the benchmark repo rate - the
level at which it lends to commercial banks - to 6.75 per cent, a
larger cut than</span> <span lang="en-US">expected.</span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">China's
foreign exchange regulator is stepping up its risk controls against
corruption, it said in a statement released on Tuesday via the
ruling Communist Party's anti-graft watchdog.</span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">Indonesia
will announce later on Tuesday the second installment of a stimulus
package aimed at supporting the rupiah and reviving growth in
Southeast Asia's largest economy</span>.</div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0cm;">
<span lang="en-US">Oil
traded below US$45 as investors await data that may signal the
strength of demand in the world's two biggest consumers.</span>
<span lang="en-US">Futures in New York were little changed after
falling 2.8 per cent Monday as China reported industrial-company
profits declined 8.8 per cent in August.</span></div>
</li>
</ul>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-40761912218996648662015-09-18T05:51:00.000-07:002015-09-18T05:51:20.478-07:00Singapore Stocks: STI Weekly Technical Report<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">Straits Times Index (STI) opened at
2887.41 and ended -8.44 points or 0.29% lower to 2879.59 this week.
STI came off from its weekly peak of 2919.77 and low of 2837.59.
</span></span></div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">STI was up 0.1% at 2,898.27 shortly
after the open, showing the muted reaction of investors to the US
Federal Reserve's overnight decision to leave its benchmark interest
rate unchanged.</span></span></div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">Singapore's industrial production for
August is forecasted to fall by 5% on-year mainly as demand weakens
due to economic slowdown in China. The pace of downward revisions
for corporate earnings in Singapore and Asean has slowed this month.
Consensus downward revisions have slowed to 0.2% for MSCI Singapore
companies, from 1.5% average downward revisions for earnings in
August<b>.</b></span></span></div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">STI was in consolidation this week. As
FED did not increase the US ineterst rate, the market is expected to
be positive next week. It is expected to m,ove in the range of 2800 -
2930. However, if it breaks the resistance level of 2930, it is
expected to go up till 3000.</span></span></div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
</div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;"></span></span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;"><b>STI COUNTER SPECIFIC NEWS
</b></span></span></div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en">S</span>embcorp
<span lang="en">Industries has tied up with the Singapore Economic
Development Board (EDB) to be the country's first industrial "living
laboratory".</span> It will grant technology providers access
to its proprietary wastewater treatment and waste-to-energy
facilities on Jurong Island for late-stage test-bedding and
co-innovation of water and environmental technologies.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en">A</span>scendas
<span lang="en">Real Estate Investment Trust (A-Reit) is looking to
make its maiden acquisition of 26 logistics properties in Australia
for A$1.013 billion from GIC and Frasers Property Australia.</span></span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en">S</span>ingapore
<span lang="en">Press Holdings (SPH) announced on Thursday that the
executive vice-president of its Corporate Development Division
(CDD), Deborah Lee, 58, will be leaving the company to pursue
personal interests with effect from Dec 16, 2015, after eight years
of service.</span></span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en">S</span>ilverlake
<span lang="en">Axis is buying SunGard Ambit (Singapore), or SAS,
for US$12 million to expand its suite of software and services as
well as deepen and broaden its customer relationships and
geographical presence.</span></span></span></div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;"><b>GLOBAL FACTORS AND WORLD INDICES</b>
</span></span></div>
<div style="text-align: justify;">
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">Hong Kong
equities traced most Asian markets higher Friday as traders welcomed
the Federal Reserve's decision to keep interest rates at record
lows, while Shanghai ended another volatile week on a positive note.</span>
Hang Seng Index added 0.30 per cent, or 66.20 points, to close at
21,920.83</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">China stocks
ended a volatile week slightly higher on Friday, after the US
Federal Reserve held off from raising interest rates citing concerns
about a weak world economy.</span> I<span lang="en-US">ndex of the
largest listed companies in Shanghai and Shenzhen rose 0.4 per cent,
to 3,251.27, but was down 2.9 per cent for the week.</span></span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">The Nikkei 225
index at the Tokyo Stock Exchange dropped 1.96 per cent, or 362.06
points, to close at 18,070.21, while the broader Topic index of all
first-section shares was down 1.98 per cent, or 29.53 points, at
1,462.38.</span></span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">US central
bank's decision to hold off hiking interest rates sent emerging
market currencies and most Asian markets advancing on Friday, as
concerns eased over an outflow of cash as the global economy suffers
a painful slowdown.</span></span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">Australian
shares ended higher on Friday, shaking off a negative lead from Wall
Street after the head of the central bank made reassuring comments
about the economy.</span></span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;">Malaysia's inflation in August
likely cooled to 3.0 per cent on lower fuel prices and after the
Muslim Eid al-Fitr celebrations, a Reuters poll showed on Friday.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;">Ringgit was set to snap the
longest run of weekly declines in more than four decades after the
US refrained from raising interest rates and a rally in the price of
Brent crude improved prospects for the net oil exporter.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">Bank of Japan
policymakers agreed that emerging economies had suffered from weak
growth but were likely to improve from a longer-term perspective,
minutes of the central bank's August policy meeting</span>.</span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">Gold dropped
from a two-week high on Friday, giving back some of the sharp gains
from the last two days, as the Federal Reserve's decision to hold US
interest rates steady this week added to uncertainty over the timing
of an eventual rate hike.</span></span></span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-size: small;"><span style="font-family: inherit;"><span lang="en-US">Oil markets
were weak on Friday as fresh signs Opec will continue to value
market share over prices outweighed expectations of a lift when the
United States kept interest rates at historic lows.</span></span></span></div>
</li>
</ul>
<span style="font-size: small;"><span style="font-family: inherit;">
</span></span></div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-7750525360602832702015-09-11T04:03:00.001-07:002015-09-11T04:03:38.976-07:00YOMA STRATEGIC HOLDINGS LTD. : COMPANY OVERVIEW<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
<style type="text/css">P { margin-bottom: 0.21cm; }</style>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><span lang="en-IN">Yoma Strategic</span>
was incorporated in Singapore on 20<span lang="en-IN">th </span>October
1962. On 17 August 2006, <span lang="en-IN">it </span> changed <span lang="en-IN">the</span>
name from Sea View Hotel Limited to Yoma Strategic Holdings Ltd <span lang="en-IN">after</span>
the completion of acquisition by Sea View Hotel Limited. <span lang="en-IN">After</span>
the completion of the acquisition, Sea View disposed of<span lang="en-IN">f</span>
all its interests in <span lang="en-IN">the </span>existing
subsidiaries.Today, <span lang="en-IN">it</span> is engaged in
property development, construction and piling services,<span lang="en-IN">
also</span> project management and design services in Myanmar. <span lang="en-IN">Its
</span>portfolio of development properties includes apartments,
condominiums and bungalows.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;">In <span lang="en-IN">this segment</span>,
the Group manages all the property projects initiated by its group
including the provision of detailed budgeting, costing and planning,
as well as project management. <span lang="en-IN">Yoma Strategic’s</span>
construction services which support its property development
business, include foundation piling work for various types of
buildings and acting as contractor for super-structure construction
works.</span></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtONcO7dfRIeLPKSjL2TKk3yzFJMYv-IAIfryJhjplnTvMNosICsWjKOe80mfCx-vXxmLuepV2TqkLklssoji6BPzziHic9puNMPrwUao1MJ4Zr-X7XfA9jBO7hIYsNrHx-RXN-P-oEMJV/s1600/yoma.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="182" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtONcO7dfRIeLPKSjL2TKk3yzFJMYv-IAIfryJhjplnTvMNosICsWjKOe80mfCx-vXxmLuepV2TqkLklssoji6BPzziHic9puNMPrwUao1MJ4Zr-X7XfA9jBO7hIYsNrHx-RXN-P-oEMJV/s320/yoma.png" width="320" /></a><span style="font-family: inherit;"><span lang="en-IN">It</span> also supplies ready-mixed
concrete, sand and shingle to the Myanmar construction industry.
</span></div>
<span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><table border="1" cellpadding="7" cellspacing="0" style="height: 107px; margin-left: 0px; margin-right: 0px; text-align: left; width: 232px;">
<colgroup><col width="130"></col></colgroup><colgroup><col width="72"></col>
</colgroup><tbody>
<tr valign="TOP">
<td width="130">
<span style="font-family: inherit;"><span style="font-size: small;"><b>Return on
Equity</b></span></span><br />
</td>
<td width="72">
<span style="font-family: inherit;"><span style="font-size: small;"><span lang="en-IN">6.94%</span></span></span><br />
</td>
</tr>
<tr valign="TOP">
<td width="130">
<span style="font-family: inherit;"><span style="font-size: small;"><b>Net Asset
Value</b></span></span><br />
</td>
<td width="72">
<span style="font-family: inherit;"><span style="font-size: small;"><span lang="en-IN">S$702.86</span></span></span><br />
</td>
</tr>
<tr valign="TOP">
<td width="130">
<span style="font-family: inherit;"><span style="font-size: small;"><b>Market Cap</b></span></span><br />
</td>
<td width="72">
<span style="font-family: inherit;"><span lang="en-IN">S$640.20</span></span><br />
</td>
</tr>
</tbody></table>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><b>FINANCIAL VIEW</b></span></div>
<span style="font-family: inherit;">
</span><ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
<span style="font-family: inherit;">The ratio of asset and liability
is increasing as y-o-y figures are considered.</span></div>
</li>
<li><div style="margin-bottom: 0cm;">
<span style="font-family: inherit;">The net income is continuously
increasing, as well as Gross Profit is also increasing.</span></div>
</li>
</ul>
<span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><table border="1" cellpadding="7" cellspacing="0" style="height: 57px; margin-left: 0px; margin-right: 0px; text-align: left; width: 581px;">
<colgroup><col width="65*"></col></colgroup><colgroup><col width="62*"></col></colgroup><colgroup><col width="65*"></col></colgroup><colgroup><col width="63*"></col>
</colgroup><tbody>
<tr valign="TOP"><td height="19" width="25%"></td>
<td width="24%">
<div align="CENTER" style="margin-bottom: 0cm;">
<span style="font-family: inherit;"><span style="font-size: small;">FY2013</span></span></div>
<div align="CENTER">
<span style="font-family: inherit;"><span style="font-size: small;">31Dec
13</span></span></div>
</td>
<td width="26%">
<div align="CENTER" style="margin-bottom: 0cm;">
<span style="font-family: inherit;"><span style="font-size: small;">FY2014</span></span></div>
<div align="CENTER">
<span style="font-family: inherit;"><span style="font-size: small;">31Dec
14</span></span></div>
</td>
<td width="25%">
<div align="CENTER" style="margin-bottom: 0cm;">
<span style="font-family: inherit;"><span style="font-size: small;">LTM
Ending</span></span></div>
<div align="CENTER">
<span style="font-family: inherit;"><span style="font-size: small;">30
Jun 15</span></span></div>
</td>
</tr>
<tr>
<td height="20" valign="TOP" width="25%">
<div align="CENTER">
<span style="font-family: inherit;">Revenue</span></div>
</td>
<td width="24%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">60.467</span></span></span></div>
</td>
<td width="26%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">100.493</span></span></span></div>
</td>
<td width="25%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">110.927</span></span></span></div>
</td>
</tr>
<tr>
<td height="21" valign="TOP" width="25%">
<div align="CENTER">
<span style="font-family: inherit;">Gross
Profit</span></div>
</td>
<td width="24%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">26.207</span></span></span></div>
</td>
<td width="26%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">44.656</span></span></span></div>
</td>
<td width="25%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">45.587</span></span></span></div>
</td>
</tr>
<tr>
<td height="23" valign="TOP" width="25%">
<div align="CENTER" lang="en-IN" style="margin-bottom: 0cm;">
<span style="font-family: inherit;"></span>
</div>
<div align="CENTER">
<span style="font-family: inherit;">Net Income</span></div>
</td>
<td width="24%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">14.444</span></span></span></div>
</td>
<td width="26%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">16.392</span></span></span></div>
</td>
<td width="25%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">28.051</span></span></span></div>
</td>
</tr>
<tr>
<td height="36" valign="TOP" width="25%">
<div align="CENTER" lang="en-IN" style="margin-bottom: 0cm;">
<span style="font-family: inherit;"></span>
</div>
<div align="CENTER">
<span style="font-family: inherit;">EBITDA</span></div>
</td>
<td width="24%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">9.079</span></span></span></div>
</td>
<td width="26%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">21.111</span></span></span></div>
</td>
<td width="25%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">16.463</span></span></span></div>
</td>
</tr>
<tr>
<td height="20" valign="TOP" width="25%">
<div align="CENTER" lang="en-IN" style="margin-bottom: 0cm;">
<span style="font-family: inherit;"></span>
</div>
<div align="CENTER">
<span style="font-family: inherit;">Total
Assets</span></div>
</td>
<td width="24%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">462.564</span></span></span></div>
</td>
<td width="26%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">483.276</span></span></span></div>
</td>
<td width="25%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">834.1</span></span></span></div>
</td>
</tr>
<tr>
<td height="20" valign="TOP" width="25%">
<div align="CENTER" lang="en-IN" style="margin-bottom: 0cm;">
<span style="font-family: inherit;"></span>
</div>
<div align="CENTER">
<span style="font-family: inherit;">Total
Liabilities</span></div>
</td>
<td width="24%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">66.444</span></span></span></div>
</td>
<td width="26%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">65.238</span></span></span></div>
</td>
<td width="25%">
<div align="CENTER" lang="en-IN" style="font-weight: normal; margin-top: 0.22cm;">
<span style="font-family: inherit;"><span style="color: black;"><span style="background: transparent;">101.909</span></span></span></div>
</td>
</tr>
</tbody></table>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;">GROWTH OVER PRIOR YEAR (%)</span></div>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><b>TECHNICAL INDICATORS:</b></span></div>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><b>Daily Chart:</b> <span lang="en-IN">Shows
a consolidation, which if broken downwards may lead to a bearish
trend. Also, OBV is indicating a bearish trend, while MACD will also
support the same if the support1 is broken.</span></span></div>
<span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><table border="1" cellpadding="7" cellspacing="0" style="height: 58px; margin-left: 0px; margin-right: 0px; text-align: left; width: 562px;">
<colgroup><col width="66*"></col></colgroup><colgroup><col width="57*"></col></colgroup><colgroup><col width="75*"></col></colgroup><colgroup><col width="58*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="5" width="26%">
<span style="font-family: inherit;">SGX Symbol</span><br />
</td>
<td width="22%">
<div lang="en-IN">
<span style="font-family: inherit;">Z59</span></div>
</td>
<td width="29%">
<span style="font-family: inherit;">Currency</span><br />
</td>
<td width="23%">
<span style="font-family: inherit;">SGD</span><br />
</td>
</tr>
<tr valign="TOP">
<td height="6" width="26%">
<span style="font-family: inherit;">Last Done</span><br />
</td>
<td width="22%">
<div lang="en-IN">
<span style="font-family: inherit;">0.365</span></div>
</td>
<td width="29%">
<span style="font-family: inherit;">Volume(‘000)</span><br />
</td>
<td width="23%">
<div lang="en-IN">
<span style="font-family: inherit;">2577</span></div>
</td>
</tr>
<tr valign="TOP">
<td height="5" width="26%">
<span style="font-family: inherit;">Day’s Range</span><br />
</td>
<td width="22%">
<div lang="en-IN">
<span style="font-family: inherit;">0.350-0.360</span></div>
</td>
<td width="29%">
<span style="font-family: inherit;">5<span lang="en-IN">2</span>Weeks’ Range</span><br />
</td>
<td width="23%">
<div lang="en-IN">
<span style="font-family: inherit;">0.300-0.646</span></div>
</td>
</tr>
</tbody></table>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><b>Weekly Chart:</b><span lang="en-IN"><b>
</b></span><span lang="en-IN">It is major downtrend counter in weekly
chart also and forming the same strong support at support1, which if
broken will indicate a bearish signal.</span></span></div>
<span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><span style="font-family: inherit;">
</span><table border="1" cellpadding="7" cellspacing="0" style="height: 33px; margin-left: 0px; margin-right: 0px; text-align: left; width: 412px;">
<colgroup><col width="70*"></col></colgroup><colgroup><col width="62*"></col></colgroup><colgroup><col width="61*"></col></colgroup><colgroup><col width="64*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td width="27%">
<span style="font-family: inherit;">S1</span><br />
</td>
<td width="24%">
<span style="font-family: inherit;">S2</span><br />
</td>
<td width="24%">
<span style="font-family: inherit;">R1</span><br />
</td>
<td width="25%">
<span style="font-family: inherit;">R2</span><br />
</td>
</tr>
<tr valign="TOP">
<td width="27%">
<div lang="en-IN">
<span style="font-family: inherit;">0.345</span></div>
</td>
<td width="24%">
<div lang="en-IN">
<span style="font-family: inherit;">0.330</span></div>
</td>
<td width="24%">
<div lang="en-IN">
<span style="font-family: inherit;">0.375</span></div>
</td>
<td width="25%">
<div lang="en-IN">
<span style="font-family: inherit;">0.395</span></div>
</td>
</tr>
</tbody></table>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><b>Our VIEW:</b></span></div>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><b>Overall Trend</b>: Overall trend seems to
be <span lang="en-IN">bearish in short term</span> with some minor
corrections, if any.<br /><b>Short term View:</b> <span lang="en-IN">Bearish
below 0.345 , with resistance at 0.370.</span></span></div>
<span style="font-family: inherit;">
</span><div style="margin-bottom: 0cm; text-align: justify;">
<span style="font-family: inherit;"><b>Long term View</b>: <span lang="en-IN">Bearish
below 0.300 , with resistance at 0.330.</span></span></div>
<span style="font-family: inherit;">
</span></div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-26060148020081620292015-09-11T03:49:00.002-07:002015-09-11T03:49:26.337-07:00COMPANY OVERVIEW: METRO HOLDINGS LIMITED<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
<style type="text/css">P { margin-bottom: 0.21cm; }</style>
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
Metro Holdings Limited, alongwith with
its subsidiaries, engages in retail, property development, and
leisure businesses in Singapore, the People’s Republic of China,
Japan, and other countries internationally. </div>
<div style="margin-bottom: 0cm; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2dGU9vXejnhhbVph0qI_ksMv3-DmK6bbivtWi-BlGPuhMf5Y0wwbYB-sRnuthcsDxaf96N418Rf7yKoij4B3HG9buhdab6XJ19Et1oVh_sx4Cluo0PRqoKUIXTT0vUuqMEJwU9QHr__js/s1600/metro.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="204" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2dGU9vXejnhhbVph0qI_ksMv3-DmK6bbivtWi-BlGPuhMf5Y0wwbYB-sRnuthcsDxaf96N418Rf7yKoij4B3HG9buhdab6XJ19Et1oVh_sx4Cluo0PRqoKUIXTT0vUuqMEJwU9QHr__js/s320/metro.jpg" width="320" /></a>It operates through two
segments, Property and Retail. The company leases shopping and office
spaces, as well as invests in property-related investments. It
operates a chain of department stores and specialty shops, which
offer a range of merchandise, fashion accessories, and casual women’s
wear with ethnic origin and serves its customers through a chain of 5
Metro department stores and 11 Monsoon/Accessorize/M.2 specialty
shops in Singapore; and 9 department stores in Indonesia. It also
owns interests in approximately 142,000 square meters of retail and
office investment properties in Beijing, Shanghai, and Guangzhou; and
1,001,000 square meters of residential and mixed-use development
properties. The company was founded in 1957 and is based in
Singapore.</div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 103px; margin-left: 0px; margin-right: 0px; text-align: left; width: 336px;">
<colgroup><col width="127*"></col>
<col width="129*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td width="50%">
Return on Equity<br />
</td>
<td width="50%">
11.11%<br />
</td>
</tr>
<tr valign="TOP">
<td width="50%">
Net Asset Value<br />
</td>
<td width="50%">
SGD 1377.317
<br />
</td>
</tr>
<tr valign="TOP">
<td width="50%">
Market Cap<br />
</td>
<td width="50%">
SGD 749.4 MN<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>FINANCIAL VIEW</b></div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 156px; margin-left: 0px; margin-right: 0px; text-align: left; width: 517px;">
<colgroup><col width="77*"></col>
<col width="57*"></col>
<col width="53*"></col>
<col width="70*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="14" width="30%">
<br />
<br />
</td>
<td width="22%">
<div style="margin-bottom: 0cm;">
FY2013</div>
31Dec 13<br />
</td>
<td width="21%">
<div style="margin-bottom: 0cm;">
FY2014</div>
31Dec 14<br />
</td>
<td width="27%">
<div style="margin-bottom: 0cm;">
LTM Ending</div>
30 Jun 15<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
Revenue<br />
</td>
<td width="22%">
187.12<br />
</td>
<td width="21%">
139.179<br />
</td>
<td width="27%">
145.826<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
Gross Profit<br />
</td>
<td width="22%">
57.222<br />
</td>
<td width="21%">
18.188<br />
</td>
<td width="27%">
8.352<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
Net Income<br />
</td>
<td width="22%">
64.813<br />
</td>
<td width="21%">
106.849<br />
</td>
<td width="27%">
142.867<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
EBITDA<br />
</td>
<td width="22%">
41.562<br />
</td>
<td width="21%">
(0.875)<br />
</td>
<td width="27%">
(12.508)<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
Total Assets<br />
</td>
<td width="22%">
1546.975<br />
</td>
<td width="21%">
1325.685<br />
</td>
<td width="27%">
1641.523<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
Total Liabilities<br />
</td>
<td width="22%">
123.592<br />
</td>
<td width="21%">
73.633<br />
</td>
<td width="27%">
199.401<br />
</td>
</tr>
</tbody></table>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
Even though the revenue and gross
profits are decreasing y-o-y basis, yet for the short term, we can
earn profits from it.</div>
</li>
<li><div style="margin-bottom: 0cm;">
The net income of the company is
increasing on a y-o-y basis.
</div>
</li>
</ul>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>TECHNICAL INDICATORS:</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Daily Chart:</b> On daily chart the
counter is on a major uptrend, with some minor corrections in
between, which it has recently taken in few days before. Now, the
counter is showing up a breakout on OBV to indicate a bullish trend
start once again.</div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 42px; margin-left: 0px; margin-right: 0px; text-align: left; width: 551px;">
<colgroup><col width="59*"></col>
<col width="58*"></col>
<col width="78*"></col>
<col width="61*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="5" width="23%">
SGX Symbol<br />
</td>
<td width="23%">
M01<br />
</td>
<td width="30%">
Currency<br />
</td>
<td width="24%">
SGD<br />
</td>
</tr>
<tr valign="TOP">
<td height="6" width="23%">
Last Done<br />
</td>
<td width="23%">
0.865<br />
</td>
<td width="30%">
Volume(‘000)<br />
</td>
<td width="24%">
29.6<br />
</td>
</tr>
<tr valign="TOP">
<td height="5" width="23%">
Day’s Range<br />
</td>
<td width="23%">
0.865-0.885<br />
</td>
<td width="30%">
52 Weeks’ Range<br />
</td>
<td width="24%">
0.816-1.013<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Weekly Chart:</b> The counter is
having a major uptrend in weekly chart also and is in the
consolidation in this chart, therefore it it breaks the upper level
of 0.895, bullish trend is most likely to be expected.</div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 18px; margin-left: 0px; margin-right: 0px; text-align: left; width: 404px;">
<colgroup><col width="64*"></col>
<col width="60*"></col>
<col width="62*"></col>
<col width="69*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td width="25%">
S1<br />
</td>
<td width="24%">
S2<br />
</td>
<td width="24%">
R1<br />
</td>
<td width="27%">
R2<br />
</td>
</tr>
<tr valign="TOP">
<td width="25%">
0.875<br />
</td>
<td width="24%">
0.835<br />
</td>
<td width="24%">
0.895<br />
</td>
<td width="27%">
0.930<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Our VIEW: </b>Overall Trend: Overall
trend seems to be positive with some minor corrections, if any.<br /><b>Short
term View: </b>BULLISH above 0.895 with support @ 0.875.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Long term View:</b> BULLISH above
0.930 with support @ 0.895.</div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0tag:blogger.com,1999:blog-6336226408951781664.post-79741734289966628662015-09-11T03:28:00.001-07:002015-09-11T03:28:57.349-07:00COMPANY OVERVIEW: FIRST RESOURCES LIMITED<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
</div>
<div style="margin-bottom: 0cm; text-align: justify;">
First Resources Limited, is an
investment holding company, which engages in the cultivation and
maintenance of oil palm plantations primarily in Singapore and
Indonesia.<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyUGwXQ_wxm5LDdU1hZN6Dg-NlKoCK-thCTU2-KqT-BjkRGoXh6gR4mxdfh2OVDmhg_Cq7ij5WT3qxdXKSZtZiIWHJ2yj9GmajdLpYZiaDOgd2veirs0ApIQEcl30pVQELxHiZG5hW6fo/s1600/First+Resource.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyUGwXQ_wxm5LDdU1hZN6Dg-NlKoCK-thCTU2-KqT-BjkRGoXh6gR4mxdfh2OVDmhg_Cq7ij5WT3qxdXKSZtZiIWHJ2yj9GmajdLpYZiaDOgd2veirs0ApIQEcl30pVQELxHiZG5hW6fo/s1600/First+Resource.jpg" /></a> It operates in two segments, Plantations and Palm Oil
Mills, and Refinery and Processing. It is also involved in harvesting
and milling the fresh fruit bunches into crude palm oil (CPO) and
palm kernel products, and also process CPO and palm kernel into value
palm-based products, such as bio-diesel, refined, bleached and
deodorized (RBD) olein, RBD stearin, palm kernel oil, and palm kernel
expeller. It engages in oil palm seed breeding and rubber plantation
activities; and marketing and selling processed palm based products.
First Resources manages approximately 190,000 hectares of oil palm
plantations, and operates 12palm oil mills in Indonesia. Apart from
this, it owns and manages air-crafts. The Company exports its
products. It was found in 1992 and is based in Singapore. It is a
subsidiary of Eight Capital Inc.</div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 108px; margin-left: 0px; margin-right: 0px; page-break-before: always; text-align: left; width: 314px;">
<colgroup><col width="131*"></col>
<col width="125*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td width="51%">
Return on Equity<br />
</td>
<td width="49%">
14.45%<br />
</td>
</tr>
<tr valign="TOP">
<td width="51%">
Net Asset Value<br />
</td>
<td width="49%">
SGD 1076.859<br />
</td>
</tr>
<tr valign="TOP">
<td width="51%">
Market Cap<br />
</td>
<td width="49%">
SGD 3065.2 MN<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>FINANCIAL VIEW</b></div>
<ul style="text-align: justify;">
<li><div style="margin-bottom: 0cm;">
The ratio of asset and liability
is increasing as y-o-y figures are considered.</div>
</li>
<li><div style="margin-bottom: 0cm;">
The net income and Gross profit
are not that much reliable, however for short term investment it can
be ignored.</div>
</li>
</ul>
<table border="1" cellpadding="7" cellspacing="0" style="height: 140px; margin-left: 0px; margin-right: 0px; text-align: left; width: 579px;">
<colgroup><col width="77*"></col>
<col width="63*"></col>
<col width="57*"></col>
<col width="59*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="17" width="30%">
<br />
<br />
</td>
<td width="24%">
<div style="margin-bottom: 0cm;">
FY2013</div>
31Dec 13<br />
</td>
<td width="22%">
<div style="margin-bottom: 0cm;">
FY2014</div>
31Dec 14<br />
</td>
<td width="23%">
<div style="margin-bottom: 0cm;">
LTM Ending</div>
30 Jun 15<br />
</td>
</tr>
<tr>
<td height="20" valign="TOP" width="30%">
Revenue<br />
</td>
<td width="24%">
626.429<br />
</td>
<td width="22%">
615.524<br />
</td>
<td width="23%">
533.898<br />
</td>
</tr>
<tr>
<td height="21" valign="TOP" width="30%">
Gross Profit<br />
</td>
<td width="24%">
381.743<br />
</td>
<td width="22%">
323.399<br />
</td>
<td width="23%">
306.68<br />
</td>
</tr>
<tr>
<td height="23" valign="TOP" width="30%">
Net Income<br />
</td>
<td width="24%">
238.242<br />
</td>
<td width="22%">
173.409<br />
</td>
<td width="23%">
156.103<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
EBITDA<br />
</td>
<td width="24%">
337.126<br />
</td>
<td width="22%">
297.665<br />
</td>
<td width="23%">
283.69<br />
</td>
</tr>
<tr>
<td height="20" valign="TOP" width="30%">
Total Assets<br />
</td>
<td width="24%">
1780.274<br />
</td>
<td width="22%">
1997.855<br />
</td>
<td width="23%">
1957.131<br />
</td>
</tr>
<tr>
<td valign="TOP" width="30%">
Total Liabilities<br />
</td>
<td width="24%">
740.149<br />
</td>
<td width="22%">
882.105<br />
</td>
<td width="23%">
880.272<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
GROWTH OVER PRIOR YEAR (%)</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>TECHNICAL INDICATORS:</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Daily Chart:</b> It is a major
uptrend counter and has recently taken a lot of correction is
downtrend, now it has started showing up the bullish signal by giving
a breakout on the trend line and on OBV. Also, RSI is too low now,
which means an oversold condition and thus stock is likely to
increase now.</div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 93px; margin-left: 0px; margin-right: 0px; text-align: left; width: 595px;">
<colgroup><col width="63*"></col>
<col width="54*"></col>
<col width="83*"></col>
<col width="56*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="5" width="25%">
SGX Symbol<br />
</td>
<td width="21%">
EB5<br />
</td>
<td width="32%">
Currency<br />
</td>
<td width="22%">
SGD<br />
</td>
</tr>
<tr valign="TOP">
<td height="6" width="25%">
Last Done<br />
</td>
<td width="21%">
1.555<br />
</td>
<td width="32%">
Volume(‘000)<br />
</td>
<td width="22%">
1127.3<br />
</td>
</tr>
<tr valign="TOP">
<td height="5" width="25%">
Day’s Range<br />
</td>
<td width="21%">
1.52-1.56<br />
</td>
<td width="32%">
52 Weeks’ Range<br />
</td>
<td width="22%">
1.435-2.19<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Weekly Chart</b>: Weekly chart will
also show the bullish signals if it goes above 1.60 and thus give a
clear breakout on the trend line as well as the OBV.</div>
<table border="1" cellpadding="7" cellspacing="0" style="height: 69px; margin-left: 0px; margin-right: 0px; text-align: left; width: 444px;">
<colgroup><col width="64*"></col>
<col width="65*"></col>
<col width="56*"></col>
<col width="71*"></col>
</colgroup><tbody>
<tr valign="TOP">
<td height="9" width="25%">
S1<br />
</td>
<td width="25%">
S2<br />
</td>
<td width="22%">
R1<br />
</td>
<td width="28%">
R2<br />
</td>
</tr>
<tr valign="TOP">
<td width="25%">
1.515<br />
</td>
<td width="25%">
1.435<br />
</td>
<td width="22%">
1.60<br />
</td>
<td width="28%">
1.725<br />
</td>
</tr>
</tbody></table>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Our VIEW:</b></div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Overall Trend</b>: Overall trend
seems to be positive with some minor corrections, if any.<br /><b>Short
term View</b>: BULLISH above 1.60 with support @ 1.515.</div>
<div style="margin-bottom: 0cm; text-align: justify;">
<b>Long term View</b>: BULLISH above
1.725 with support @ 1.60.</div>
</div>
Anonymoushttp://www.blogger.com/profile/12725485837271457571noreply@blogger.com0