Tuesday 31 January 2017


And here's how to visit Japan and Singapore for less than $750 round-trip.

Buying pork keeps getting pricier in Singapore. While the overall cost of living stopped falling in the city-state, the average prices of traditional caramelized barbecue pork have climbed the most in at least four years in the weeks leading up to the Lunar New Year. The food item, commonly known as bak-kwa, is a popular gift and snack for the season in Singapore and Malaysia. Read more here.

It has been an optimistic start to 2017 in Singapore, as recent estimates from the Ministry of Trade and Industry reveal that the city state has sidestepped a technical recession, posting 1.8% growth in GDP for 4Q2016, and an overall growth rate of 1.8% for the year. While this is gratifying news, we still face a subdued economic outlook both globally and domestically. In Singapore’s real estate sector, the combination of slower employment, earnings and population growth is impacting housing demand. Add to that expectations of rising interest rates — thanks to likely hikes by the US Federal Reserve — and the overall sentiment is fairly gloomy. Thus, house prices in Singapore are under considerable downward pressure. With this in mind, the residential real estate market is likely to remain stagnant, with cooling measures still in place alongside ongoing slow economic growth. Read more here.

Still trying to decide where to go in 2017? We have an idea. For as little as $747 round-trip, travelers can visit Singapore and Japan anytime between now and May, or from August until early December. By extending your layover in Tokyo, travelers can see two cities for the still very low price of a round-trip fare to one. For more information on how to book, check out The Flight Deals detailed directions. Travelers will need to use ITA Software Matrix Airfare Search to locate the lowest fares, and use an advanced routing code to find connections greater than 48 hours. Read more here.



Monday 30 January 2017

SINGAPORE BONDS POWER TO FRESH HEIGHTS


PRICES of Singapore dollar bonds continue to rise, hitting new highs, powered by lack of supply.
"There's not enough supply to soak up liquidity," said Clifford Lee, DBS Bank head of fixed income on Friday.

The Markit iBoxx Singapore corporates return index hit 118.5385 on Thursday in an almost non-stop rally since the start of the year. So far primary issuance has been slow and bond investors have been buying in the secondary market focusing on familiar names and high-grade credit, said Mr Lee.

Prices of Mapletree Investments' S$625 million 4.5 per cent perpetual bonds have risen strongly, it was quoted at 101.645 on Thursday. The wholly owned Temasek Holdings company sold its perpetual bonds on Jan 12 at 100 par. It was also the first deal for 2017.

Said Neel Gopalakrishnan, Credit Suisse emerging markets bond analyst, private banking research:"In the SGD market, there has been no meaningful supply of new bonds or further negative credit news, which has supported secondary market valuations."

Building on the sluggish end to 2016, 2017 has started on a similarly slow note, said bondsupermart in a Jan 24 note. New Singdollar issuance was down 55.9 per cent lower year-on-year for Q4 2016.
As of Jan 24, we've seen just three Singdollar issues launched so far in 2017, for a total issuance of S$895 million, it said. bondsupermart is a unit of iFast Corp.

In comparison, the year-ago period saw S$2.44 billion of new Singdollar issuance, although the timing of the Chinese New Year may be a factor - the holiday period falls in January this year, while the 2016 Chinese New Year period was in the month of February, it said.

"We've seen the USD-SGD correct somewhat this year, which has been accompanied by a decline in domestic rates - this has boosted the performance of SGD corporate bonds so far in 2017," said Terence Lin, assistant director of bonds and portfolio management at iFast.

The Singdollar weakened again on Friday; it was quoted at S$1.43 from S$1.42 on Thursday, though it is still stronger than the one-month low of S$1.45 on Dec 28. The 3-month SOR or swap offer rate has fallen substantially since the start of the year; it stood at 0.801 per cent on Thursday, down from 1.04 per cent on Dec 29.

"We're also observing an improvement in investor risk appetite in the high yield SGD segment, which has led to a pick-up in some of the higher-yielding SGD bonds," said Mr Lin.

Year-to-date Oxley Holdings 5 per cent 2019 has returned 3.2 per cent; Rowsley Ltd 6.5 per cent 2018 is up 1.5 per cent; and G8 Education 5.5 per cent 2019 has returned 1.3 per cent.


Saturday 28 January 2017

SINGAPORE STUMBLES IN THE MOST-VISITED CITY RANKINGS


Bangkok nudged to 2nd place, pushing Singapore to 4th place.

Bangkok knocks off London and Singapore as it places second in the most-visited cities in 2015, according to the international market research group Euromonitor.

Singapore is now fourth in the rankings, with around 16.9m arrivals recorded in the said year. It enjoyed a comfortable position at the second place in 2012 and 2013, but it was bumped by London in 2014 to third place. Bangkok saw a 10% increase in arrivals to 18.6m, nabbing the second 
position
Meanwhile, despite the 3.9% drop in arrivals for the said period to 26.7m arrivals, Hong Kong still maintained its position as the most visited city.

Euromonitor said, 2015 was another turbulent year. Terrorist attacks, geopolitical conflicts, economic uncertainty, and health scares including MERS and Zika were just some of the factors impacting city arrivals. Nevertheless, top cities outperformed global travel flows, registering growth of 5.5% in international arrivals compared to 2014, showing the resilience of global cities as travel destinations." 



Friday 27 January 2017

HDB RESALE TRANSACTIONS DOWN 9.1% IN Q4; KEPPEL CUTS JOBS AMID INDUSTRY SLUMP


And here are eight places in Singapore where you can have lunch for less than $15.

Resale prices of HDB flats dipped by 0.1 percent in the fourth quarter of 2016, according to a complete data published by the Housing Board. For the whole of 2016, the Resale Price Index slipped by 0.1 percent. On the other hand, resale transactions fell by 9.1 percent to 5,012 cases in Q4 2016 from 5,514 cases in the previous quarter. On an annual basis, resale transactions rose by 7.8 percent to 20,813 cases last year from 19,306 cases in 2015. 

Keppel Corp, the world's biggest oil-rig maker, said Thursday it cut 10,600 jobs last year and mothballed two overseas shipyards as weak crude prices continued to batter the industry. The cuts were in the conglomerate's Offshore and Marine (O&M) division, which has been hard hit by the downturn in oil and gas exploration following a prolonged slump in crude prices since 2014. Three shipyards in Singapore are also in the process of being closed, Keppel Corp chief executive Loh Chin Hua said at a media briefing.

Some people voluntarily choose to get up at 6am so they can hit the gym, take a free MRT ride to work and have a leisurely breakfast. Most of us are not one of them. For those of us who view waking up early in the morning as an endeavour that’s worse than re-sitting the O levels, it’s wise to replace weekend invitations to breakfast with brunch appointments. But nobody wants to pay $25 for a fancy version of eggs on toast. Here are eight places when you can enjoy brunch on a budget.


  • CAPITALAND
  • THAIBEV
  • ALLIANCE MINERALS
So Earning More on this Stock is profitable for Intraday & Contra Day Trader.

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



Wednesday 25 January 2017

SINGAPORE SHARES OPEN 15 POINTS HIGHER ON WED


SINGAPORE share prices opened higher on Wednesday, with the Straits Times Index up 14.96 points, or 0.49 per cent, to 3,056.91 at 9.17am.

The exchange's three biggest movers in early trading were DBS, Singtel and Global Logistic Properties.

Some 221.7 million shares worth S$208.4 million changed hands, with gainers outnumbering losers 124 to 50.

Another SGX Market Penny Stocks of the Day:

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

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



Tuesday 24 January 2017

SGX STOCKS TO WATCH: ASCOTT REIT, IHC, CACHE LOGISTICS TRUST, FRASERS COMMERCIAL TRUST


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

Ascott Residence Trust announced on Tuesday that its distribution per unit (DPU) for the fourth quarter ended Dec 31, 2016, was 1.93 Singapore cents, down 7 per cent from 2.7 cents a year ago, after adjustment for a one-off item. If unadjusted, DPU for Q4 was 2.04 Singapore cents, still a one per cent decline year-on-year.

A heated boardroom battle at Catalist-listed healthcare group International Healthway Corp (IHC) came to a head on Monday afternoon as shareholders voted to remove the entire board at an extraordinary general meeting (EGM) that lasted over two hours.

Cache Logistics Trust's fourth quarter distribution per unit (DPU) slid 10.8 per cent year on year to 1.85 Singapore cents, due to a lower capital distribution and an enlarged unit base compared to the year-ago period. In Q4 FY2015, sales proceeds from the disposal of Kim Heng warehouse lifted capital distribution.

Frasers Commercial Trust (FCOT) posted stable distribution per unit (DPU) of 2.51 cents for the fiscal first quarter ended Dec 31, 2016, and announced a S$45 million makeover for Alexandra Technopark that will commence in mid-2017.

Another SGX Market Penny Stocks of the Day:

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

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



Monday 23 January 2017

FRASERS CENTREPOINT TRUST'S NET INCOME DOWN 5.7% TO $31.6M IN Q1


Losses were due to renovations at Northpoint.

Frasers Centrepoint Asset Management announced that the distribution per unit of Frasers Centrepoint Trust were up 0.7% in 1Q17 to 2.89 Singapore cents.

This came as gross revenue came down by 6.4% to $44.1m, due to lower contribution from Northpoint which is undergoing renovations. The upgrading is set to be completed by September this year and the group claims that there are already retailers showing keen interest by pre-committing their leases.

Meanwhile, Causeway Point’s revenue rose 3.4% and accounts for about 48% of the total revenue. Net property income for the quarter declined 5.7% YoY to $31.6m, in line with the lower revenue achieved. Higher net property income contributions from Causeway Point, Bedok Point and YewTee Point helped to offset the lower contributions from rest of the malls.

During 1Q17, 66 leases accounting for 12.4% of FCT’s total net lettable area (“NLA”) were renewed at an average rental reversion of 6.9%. Causeway Point, which accounted for 52% of the total NLA of the leases renewed during the quarter, achieved average rental reversion of 10.6%.

Frasers Centrepoint Asset Management CEO Dr. Chew Tuan Chiong said, “We are pleased that FCT has delivered steady performance for 1Q17, with higher DPU of 2.89 cents compared with 1Q16. The financial position of FCT remains strong with gearing level at 29.7% and we will continue to stay vigilant on capital market conditions and mall operations.

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

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

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



Friday 20 January 2017

STOCKS TO WATCH: CMT, OXLEY, SGX, DASIN RETAIL TRUST


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

CapitaLand Mall Trust (CMT) announced on Friday a fourth-quarter distribution per unit of 2.88 Singapore cents for the three months ended Dec 31, 2016, no change from a year ago.

This translated into an annualised yield of 5.82 per cent based on Thursday's closing.

Property developer Oxley Holdings on Thursday reported a net profit of S$123.75 million for the second quarter ended Dec 31, 2016, up from S$47 million a year ago, in line with higher revenue.

The Singapore Exchange (SGX) expects more new listings in the next six months amid improved market conditions, chief executive Loh Boon Chye said on Thursday even as he fended off questions about the competition.

Mr Loh made those comments when the market operator said that net profit rose 5.5 per cent to S$88.3 million for its second fiscal quarter on higher activity in its securities market.

The public offer for Dasin Retail Trust's initial public offering (IPO) was subscribed by about 7.6 times.

It will start trading on the Singapore Exchange (SGX) at 2 pm on Friday.

The business trust, which holds three shopping malls in Guangdong province, is the first mainboard listing on SGX this year.

SGX Market Hot Stock of the Day:

  • SUNMOONFOOD
  • MM2 ASIA
  • CIVMEC
  • ALLIANCE MINERAL
So Earning More on These Stocks are profitable for Intraday & Contra Day Trader.

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





Thursday 19 January 2017

SINGAPORE SHARES CLOSED MIXED, DESPITE STI FALLING FOR 3RD STRAIGHT DAY


SELLING in the shares of the three banks on Wednesday dragged the Straits Times Index to its third consecutive loss - down 12.55 points to 3,000.22.

Turnover amounted to 1.6 billion units worth S$1.1 billion, the dollar value elevated by volume done in the banks which was S$224.6 million or 20.3 per cent of the total.

Excluding warrants there were 241 rises versus 197 falls throughout so the session was more mixed than the index's reading would indicate.

The weakness came despite a 20-point rise in the Dow futures which suggested a firm Wednesday for Wall Street, as well as a 1.1 per cent rise in the Hang Seng Index.

These gains, as well as those for the UK pound, came after British Prime Minister Theresa May on Tuesday outlined her plan for her country's withdrawal from Europe that was seen as being slightly more constructive than feared.

SGX Market Hot Stock of the Day:
  • AA
  • ALLIANCE MINERAL
  • MERMAID MERITIME
  • EQUATION


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

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



Wednesday 18 January 2017

SINGAPORE STOCKS FALL AT OPENING


SINGAPORE share prices fell on Wednesday with the Straits Times Index down 13.85 points to 2,998.92 at 9 am.

Volume was 36.6 million shares worth S$21.4 million.

Losers outnumbered gainers 45 to 43.

SGX Market Hot Stock of the Day:

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

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



Tuesday 17 January 2017

STOCKS TO WATCH: CAPITALAND, FRASERS, FU YU CORP


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

CapitaLand announced that it will own a prime commercial site in the Central Business District of Ho Chi Minh City which will become its first international Grade A office tower with retail units in Vietnam.

The development will be directly connected to a planned metro station, linking the CBD to the districts of Binh Thanh, 2 and 9.

Construction is expected to start in the first quarter of 2017 and will complete in 2020, about the same time that the metro line is expected to begin operation.

Frasers Centrepoint announced that its wholly owned subsidiary FCL Treasury established a S$5 billion Multicurrency Debt Issuance Programme on Monday.

Net proceeds will be used to refinance existing debts, fund potential acquisition and investment opportunities that the company and its subsidiaries may pursue.

Fu Yu Corporation, a one-stop solution plastic supplier, will be merging with two of its wholly owned subsidiaries, Nanotechnology Manufacturing and Solidmicron Technologies to continue as one company.

The proposed merger will not have any financial effect on the share capital, net tangible assets and net asset value per share of the company, its earnings per share or the gearing of the group as at the effective date of the union.

Fu Yu specialises in mechanical modules, computer peripherals, medical equipment telecommunications and consumer electronics.

SGX Market Hot Stock of the Day:
  • QIAN HU
  • GLOBAL LOGISTIC
  • SPACKMAN
  • FU YU

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

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



Monday 16 January 2017

SGX STOCK PICKS TO CONSIDER TODAY IN SGX MARKET


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

USP Group has announced that its subsidiary USP Industrial (USPI) will be appealing against a court's decision last Friday to allow a major shareholder to wind up SG Support Services Pte Ltd (SGSS).

Pending the outcome of the appeal, the group is making a provision on the investment and will update shareholders on the development.

USP Group, through USPI, owns 49 per cent of Singapore-based SGSS.

Trendlines Medical Singapore (TMS) will receive a grant of up to S$2.2 million under Spring Singapore's Incubator Development Programme.

The funds from the grant will support the operating activities of TMS, a subsidiary of the Trendlines Group, which was established to invest in, develop and nurture early-stage medical technology companies.

EMS Energy received termination notice from Jurong Shipyard on its S$1.1 million contract on Friday, and the shipyard also made claim, under a bank guarantee furnished by EMS Energy Solutions for the sum of S$110,000.

To date, the company said, EES has received S$330,000 in progressive milestone payment from Jurong Shipyard under the contract for the supply, supervision of installation, testing and commissioning of the anchor winch system package.

Analysts are also keeping an eye out on SingPost. With its eCommerce logistics collaboration with the Alibaba Group completed, its postal monopoly and turnaround in e-commerce earnings will be the catalyst as main drivers on earnings.

SGX Market Hot Stock of the Day:

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

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



Saturday 14 January 2017

SINGAPORE DIVIDEND PAYOUT TO INCREASE BY A PALTRY 0.7% THIS YEAR


But it will perform better than its rival Hong Kong.

Another lacklustre year is to be recorded for Singapore this year as total dividends in local currency are projected to increase by 0.7%, a slightly higher rate that 0.4% a year ago, IHS Markit said.

In terms of USD, total dividends are forecast to be down by 5% to US$11.3b.

Top paying sectors banks and telecommunications, which attributes 45% of the total dividends together, are forecast to increase dividends by 1.6% and 1.3% in aggregate terms.

"However, the per-share values of the companies in the sector are forecast to remain unchanged from the previous year reflecting moderating growth expected for both sectors," IHS Markit mentioned.
More so, oil & gas is foreseen to struggle, and another year of double-digit decrease in dividends is expected to be recorded for the sector.


Singapore will do better than Hong Kong, where payouts are projected to be down 5.9% due to significant special dividends paid last year. 


Friday 13 January 2017

SINGAPORE SHARES CLOSE LOWER AS STI DIPS BELOW 3,000


THE last time the Straits Times Index (STI) crossed 3,000 in early November 2015, it stayed there for three days. This time, the stay lasted one day less - on Thursday, the STI endured a second consecutive loss, this time by 7.94 points at 2,993.

This was most probably in response to a plunge in the Dow futures ahead of an expected weak Thursday for a Wall Street that was said to be disappointed with US President-elect Donald Trump's Wednesday press conference.

Earlier on Thursday, gains in Global Logistic Properties (GLP), which is in talks to be sold, DBS and UOB helped push the STI to an intraday high of 3,022 before it was swept under by afternoon selling.
Turnover excluding warrants amounted to 1.7 billion units worth S$1.2 billion and excluding warrants, the advance-decline score was 215-233.

SGX Market Hot Stock of the Day:
  • GOLDEN ENERGY
  • ANCHOR RESOURCES
  • NOBLE
  • NATURAL COOL
So Earning on these Stock is profitable for Intraday & Contra Day Trader.


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


Thursday 12 January 2017

STOCKS TO WATCH TODAY: GLP, ISDN HOLDINGS


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

GLP, the mainboard-listed logistics company said to be in talks on the possible sale of the firm, announced on Thursday that it has extended 3.6 million sq ft of leases with a customer in the US.
It has signed long-term lease extensions with a global appliance company at three US facilities in Columbus, Ohio; Atlanta, Georgia; and Orlando, Florida.

GLP said that its current portfolio in the US comprises 173 million sq ft of modern logistics facilities, and that it is also the largest provider of modern logistics facilities in China, Japan and Brazil.
ISDN Holdings provided an update early on Thursday on the proposed dual primary listing of its shares on the Stock Exchange of Hong Kong (SEHK).

It said that the number of shares has increased from 354.7 million to 394.7 million shares after the allotment and issuance of 40 million offer shares at the offer price of HK$1.25 (S$0.2326) apiece on Thursday pursuant to the offering and SEHK listing.

The offer shares are expected to be listed and quoted on the Singapore Exchange at 9 am on Thursday.

ISDN's shares are expected to begin trading on SEHK on Thursday.

Other SGX Market Hot Stock of the Day:
  • GLOBAL LOGISTIC
  • NATURAL COOL
  • PARKSON RETAIL
So Earning on These Stock is profitable for Intraday & Contra Day Trader.

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



Wednesday 11 January 2017

DBS STOCK PRICE SEES A TURNAROUND IN Q4, SURGES 23%


It came from a low $14.97 to as high as $18.40.

While 2016, for the most part, has been a burden to the local banking sector, its latter part has proven to be a turnaround for the players, piling on strong gains after Trump’s election win in early November.

According to OCBC Investment Research, the index jumped from a low of 740.84 (on 9 Nov 2016) to a recent high of 809.28 (8 Dec 2016), up about 9.2% in one month. The brokerage firm noted that this gain was particularly seen for DBS. Its stock price surged from the low of $14.97 to as high as $18.40 for the same period, up some 23%.

"Understandably, Trump’s perceived pro-business view and expected focus on investment and infrastructures have a positive effect on corporate earnings expectations for 2017. This together with expectation of higher interest rates in 2017 are just some of the factors that led to the optimism and re-rating for the banking sector in some regional markets, Europe and the US. In Singapore, the average price-to-book (PB) ratio moved up from 0.95x in Oct to 1.05x by Dec," the brokerage firm said.

However, it noted that the banking sector is not completely out of the woods yet as the underlying softness for the Singapore economy and selective sectors including oil & gas and property remains.

"For DBS, the 5-year average PB ratio is around 1.15 but with a still mixed outlook for the region, we think that for the near term, the stock will continue to trade at a discount to this level, likely within the 0.95x-1.05x PB band (translating to fair value estimates of S$16.94 to S$18.72). With the recent re-rating of banking stocks, we have moved our valuation peg to 1x book, resulting in a fair value estimate of S$17.83," OCBC said. 

SGX Market Hot Stock of the Day:
  • NATURAL FOOD
  • JUMBO
  • CAPITACOM TRUST
  • NOBLE
  • EZION

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

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


Tuesday 10 January 2017

SGX MARKET AGAIN OPEN FLAT TODAY


SINGAPORE shares opened flat on Tuesday with the Straits Times Index down 8.61 points or 0.29 per cent to 2,972.93 at 9 am, tracking losses in the US and Tokyo.

Some 46.4 million shares worth S$49.4 million changed hands with losers beating gainers 70 to 40.
Vallianz, Ezion and Artivision Tech were among the most active stocks at the opening bell.

SGX Market Hot Stock of the Day:
  • SUNMOONFOOD
  • SPACKMAN
  • CAPITACOM TRUST
So Earn More These Stock are profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL: BUY YING LI INYTL AT 0.166 TARGET 0.172, 0.178 SL 0.159…
2. KLSE INTRADAY SIGNAL: BUY INNO AT 1.37 TARGET 1.42, 1.47 SL 1.31 ..



Monday 9 January 2017

SINGAPORE SHARES OPEN FLAT TODAY


SINGAPORE shares opened flat on Monday with the Straits Times Index up 1.41 points, or 0.05 per cent, to 2,964.04 at 9 am.

Some 43 million shares worth S$43.2 million changed hands with gainers beating losers 72 to 38.
Venture, DBS and Singapore Exchange were among the top gainers at the opening bell.

SGX Market Hot Stock of the Day:
  • EZION
  • GENTING SING
  • MERMAID MARITIME
So Earning on These Stock is profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1. SGX INTRADAY SIGNAL:
BUY AA AT 0.041 TARGET 0.043, 0.045 SL 0.38 …
2. KLSE INTRADAY SIGNAL:
BUY DATAPRP AT 0.220 TARGET 0.235, 0.250 SL 0.200 ..



Saturday 7 January 2017

SINGAPORE TO DELIVER NEW GROWTH MAP WITH ECONOMY UNDER STRAIN


Singapore is due to deliver a blueprint outlining strategies to boost the economy as the export-dependent nation seeks new growth engines.

The Committee on the Future Economy will publish its recommendations in a few weeks time, Prime Minister Lee Hsien Loong said in his New Year Message, days before the government reported that growth slumped to a seven-year low in 2016. Southeast Asia’s only developed economy faces risks including rising trade protectionism in the U.S. and a slowdown in China.

Here is an outline of the committee and what to expect:

What is the CFE?
The 30-member CFE was set up in December 2015 to develop economic strategies for the city-state, along the lines of earlier groups convened since at least 1985. Comprising government and private sector representatives, such recommendations have helped shape Singapore’s economic policies. 
The committee has the weighting of senior officials: it’s led by Finance Minister Heng Swee Keat and Minister for Trade and Industry S. Iswaran. Chan Chun Sing, Minister in the Prime Minister’s Office who is a rising political star in the government, is the vice chairman.

The CFE has consulted with more than 1,000 educators, business leaders and academics, The Straits Times reported. It seeks to identify growth industries and markets as well as ways to make Singapore-based companies more competitive. Job creation, urban development and infrastructure are also part of its remit.

Why is it important?
Singapore has a history of success with similar committees in helping to drive economic change. Recommendations from the previous group -- known as the Economic Strategies Committee -- released in 2010, were mainly followed. These included raising fees companies must pay to hire foreign workers, a measure designed to curtail immigration growth, and setting up a National Productivity Fund to finance programs to boost productivity.

“Historically, when Singapore convened these kinds of committees they are not for show,” said Brian Tan, a Singapore-based economist with Nomura Holdings Inc. “This will set the tone for policy making over the next period.”

What to expect?
The CFE is likely to focus on financial technology and nanotechnology as well as ways to improve productivity with the working population set to decrease in coming years, said Song Seng Wun, a regional economist at CIMB Private Bank in Singapore.

“Singapore must find a few tricks up its sleeve to make sure it remains relevant,” Song said. “The question is how Singapore, a small open economy, can stay relevant when social media and other developments have made businesses almost borderless. Singapore is not that limited by its small size anymore.”

Singapore is no stranger to innovation. In the 1990s, it shifted its focus to chemicals, electronics, engineering and developed biomedical sciences. In 2015, the biomedical industry had an output of S$26.9 billion ($18.6 billion), about 10 percent of overall manufacturing production.



Friday 6 January 2017

STOCKS TO BE CONSIDERED FOR PROFITABLE INVESTMENTS


THE accompanying organizations made declarations secondary selling close on Thursday that could influence exchanging of their Stocks to watch on Friday.

Joined Engineers Ltd (UEL), one of Singapore’s most respected property organizations, is said to be on a wonder parade and has pulled in a solid line-up of suitors hoping to get it. OCBC Bank and Great Eastern Holdings additionally said they have designated a budgetary counsel to survey their consolidated stakes in United Engineers and WBL Corporation. An exchanging end set up on Thursday evening has been lifted.

Global Logistic Properties Limited (GLP) affirmed that it was in preparatory discourses with different gatherings on a conceivable offer of the organization. The examinations are a piece of the organization’s vital survey, which was declared on Dec 1, and no complete exchange has been gone into. The stock, which quit exchanging on Thursday evening, will continue exchanging on Friday.

Designing firm ISOTeam on Thursday said that it arrangements to secure Rong Shun Engineering and Construction for S$6.45 million. Rong Shun gives building development and in addition redesign related administrations and electrical works.

Bring down net revenues because of an alternate blend of items disintegrated comes about for Triyards Holdings in its first quarter in spite of a higher topline. Net benefit crashed 66 for every penny to US$2.1 million from the earlier year, while income expanded 17 for every penny to US$91.2 million.

Seaward marine arrangement supplier Vallianz Holdings is streamlining its operations in light of the testing showcasing conditions in the seaward and marine industry. The gathering has finished its organizations of giving team administration administrations to outside gatherings and travel administrations to the seaward oil and gas industry, to center its assets around the center vessel contracting business.

CACOLA Furniture International on Thursday said that it would put out S$638,000 worth of new shares to four private financial specialists. These allude to 142 million new shares at S$0.0045 each, with the membership cost speaking to a premium of around 12.5 for every penny to the volume normal weighted cost of Cacola shares exchanged on Thursday.

SGX Market Hot Stock of the Day:
  • GLOBAL LOGISTIC
  • NOBLE
  • KEPPEL CORP
So Earning On These Stocks are profitable for Intraday & Contra Day Trading.


1. SGX INTRADAY SIGNAL: BUY NATURAL COOL AT 0.125 TARGET 0.130, 0.135 SL 0.119 .
2. KLSE INTRADAY SIGNAL: BUY FPGROUP AT 0.695 TARGET 0.720, 0.745 SL 0.670 ..



Wednesday 4 January 2017

SINGAPORE SHARES OPEN HIGHER WITH STI UP TO 2.7 POINTS


SGX Market opened higher on Wednesday with the Straits Times Index up 2.74 points, or 0.09 per cent, to 2,901.71 at 9.02am.

Some 34.7 million shares worth S$33.2 million changed hands with losers narrowly outnumbering gainers 47 to 46.

The three banks on the index, DBS, OCBC Bank and UOB, all rose with the opening bell.
Overnight, US stocks ended its first day of trading with gains amid continued optimism on the US economy due to the incoming Trump administration. Tokyo shares also opened higher on Wednesday morning.

Tuesday 3 January 2017

SGX MARKET OPEN 2.9 POINTS HIGHER AFTER NEW YEAR HOLIDAY


SGX Market opened 2.9 points, or 0.1 per cent, higher at 2,883.66 on the first trading day of the year.
Some 29.6 million shares worth S$25.2 million changed hands with gainers beating losers 77 to 30, as at 9.02am on Tuesday.

DBS and Ezion Holdings were among the big gainers.


Overnight, major European equity indexes had climbed to new highs in thin trading, with strong manufacturing reports from the region boosting sentiment.

SGX Shares GDP surprises with 1.8% full-year growth in 2016:
Overnight, real European value files had moved to new highs in thin exchanging, with solid assembling reports from the locale boosting notion.

THE wellbeing of the Singapore economy amazed numerous – even the administration itself – with an entire year development for 2016 of 1.8 for every penny, propel gauges discharged by the Ministry of Trade and Industry (MTI) on Tuesday morning appear.

This likewise implied it turned away a specialized subsidence in the final quarter as assembling yield surged. It grew an enduring 9.1 for every penny on an annualized premise from the past quarter. It had contracted by 1.9 for each penny in the second from last quarter. On a year-on-year premise, the economy developed by 1.8 for every penny in Q4, superior to the 1.2 for each penny in Q3.

Producing developed by 6.5 for every penny year-on-year in the final quarter, or a 14.6 for each penny quarter-on-quarter development.

These numbers came in more grounded than the administration’s desires. It prior had put entire year development in 2016 to be between 1 to 1.5 for every penny. Only three days prior, Prime Minister Lee Hsien Loong said in his New Year discourse that it would grow “one or more for every penny” in 2016.

A survey of financial specialists by Reuters put the middle conjecture for Q4 quarterly development at 3.7 for every penny.


Monday 2 January 2017

ARE YOU INTERESTED IN BUYING THESE BILLION-CAPS STOCKS?


There are currently 8 SGX stocks, each having a market capitalization of more than $1 billion satisfying the following criteria:
  1. The stock is trading at less than 5% from its 52 week low and
  2. The stock is offering more than 5% dividend yields

Some investors like billion-cap stocks as the companies behind the stocks are perceived to have some form of market size and fundamentals. And one way they might want to invest in these stocks si to invest in them when they are trading at lows like in criterion one mentioned above.
The billion-cap stocks for buying are:
  • Far East Hospitality Trust
  • Frasers center point trust
  • OUE Hospitality Trust
  • Frasers Hospitality Trust
  • CapitaLand Mall Trust
  • M1 Limited
  • StarHub Ltd.