Tuesday, December 30, 2014

Daily Summary 31 Dec 14. Happy New Year

Dow and Europe were down last night. Dow -55 at 17983.  Trend of Dow is starting to turn down.  Dow's future now is +14.  Europe still closed.

Asian bourses closed firmer for the year.  Nikkei closed today.  ShanghaiC +22, Hangseng +104.  STI closed +5 at 3371.  Volume was 600m shares.  Gainers were 197 to 134 losers.

Trend of STI is still up but flattening.

Top volumes were IHC -0.5, GoldenAgri unchanged, Memstar +0.1, STATSChipac +2,  LifeBrandz unchanged, BengKuang unchanged, PacificAndes +0.3, Yuuzoo +1.5, Noble +1, CosmoSteel unchanged.

Market opened flat but climbed to stay slightly positive for the rest of the session. Blue chips were mostly up. Penny stocks were mixed.

Dow's future at the moment is slightly positive while Europe is still closed.

Cheers and Happy New Year.

Daily Summary 30 Dec 14

Europe were slightly up but Dow closed -15 at 18038.  Trend of Dow is flattening.  Dow's future is now -29.  Europe opened down.  

Asian bourses were mostly down.  Nikkei -279, ShanghaiC -1, Hangseng -272.  STI closed -4 at 3364.  Volume was 1.1b shares.  Gainers were 207 to 200 losers.

Trend of STI is also flattening.

Top volumes were CompactMetal +0.3, TopGlobal +0.1, Joyas +0.2, IHC unchanged, GoldenAgri +1, SIIC unchanged, Memstar unchanged, LifeBrandz -0.1, APAC +0.2, Digiland unchanged.

Market opened flat and traded in a very narrow band staying just 5 points on both sides of the equation.  Blue chips were seeing more greens. Penny and speculatives were mixed.

Europe and Dow are looking weak at the moment.

Monday, December 29, 2014

Daily Summary 29 Dec 14

Europe closed mixed on Friday while Dow was +24 at 18054. This is another new high. Dow's trend is up. Dow's future is now -7.  Europe opened slightly down.

Asian bourses were mostly up.  Nikkei -89, ShanghaiC +12, Hangseng +424.  STI closed +11 at 3365.  Volume was 1b shares.  Gainers were 233 to 191 losers.

Top volumes were Memstar +0.1, IHC +0.5, APAC -0.4, Magnus unchanged, OLS unchanged, GoldenAgri +0.5, Elektromotive unchanged, TTIntl -0.2, Mirach -0.4, TSH unchanged.

Market opened slightly up and stay up for the whole day. It closed near day high. Blue chips were generally higher. Penny and speculatives were mixed.  Volume barely touched 1b shares.

Europe and Dow are mixed and flat at the moment.

Friday, December 26, 2014

Daily Summary 26 Dec 14

European bourses closed mixed while Dow closed +6 at 18030.  Trend of Dow is up but flattening. Dow's future is now +33. Europe opened up.

Asian bourses were mostly up.  Nikkei +10, ShanghaiC +85, Hangseng closed.  STI closed +3 at 3348.  Volume was 800m shares, a record low.  Gainers were 179 to 186 losers.

Trend of STI is up but flattening as well.

Top volumes were IHC -0.5, LifeBranz unchanged, Magnus unchanged, OLS unchanged, EnviroHub +0.1, Weiye unchanged, SIIC +0.1, APAC -0.1, Healthway -0.1, Mirach -0.2.

Market opened slightly down but crept up to stay barely positive in quiet trading.  Volume was a record low today following the holiday festivities.  Blue chips were mixed. Penny and speculatives were also mixed.

Europe and Dow are looking steady at the moment.

Tuesday, December 23, 2014

Daily Summary 24 Dec 14

Europe and Dow close positive again last night. Dow was +65 at 18024. Dow uptrend continues. Dow's future at the moment is +19.  Europe is still closed.

Asian bourses closed mostly higher except for ShanghaiC -57.  Nikkei +198, Hangseng +18.  STI closed +12 at 3344.  Volume was 664m shares. Gainers were 219 to 118 losers.

Top volumes were Memstar +0.1, IHC -0.5, OLS unchanged, MetalComponent +0.1, Elektromotive +0.2, Magnus -0.1, Mirach +0.1, ThaiBev +0.5, Healthway +0.1, Noble +2.

Market opened flat but quickly moved up and stayed there for the whole morning. Blue chips were mostly in the green. Penny stocks and speculatives were generally firmer as well.

And Merry Christmas to everyone.

Daily Summary 23 Dec 14

Europe and Dow continued to make gains last night.  Dow closed +155 at 17959.  Trend of Dow is up.  Dow's future is now +18.  European bourses opened up.

Asian bourses closed mixed.  Nikkei +14, ShanghaiC -92, Hangseng -75.  STI closed +3 at 3334.  Volume was 1.1b shares.  Gainers were 181 to 234 losers.

Trend of STI is still up.

Top volumes were Memstar -0.6, IHC +0.5, JES +0.2, Jaya +0.1, GoldenAgri -0.5, APAC unchanged, Noble +1.5, Magnus +0.1, SIIC unchanged, Vallianz -0.3.

Market gapped up on opening but weakened through the session. It still managed to hold on to a small gain of 3 pts. Blue chips were mixed. Penny stocks and speculative counters were weaker.

Europe and Dow are still looking steady at the moment.

Monday, December 22, 2014

Daily Summary 22 Dec 14

Dow and Europe closed slightly positive on Friday. Dow +27 at 17805.  Dow's short term trend is up.  Dow's future is now +48,  Europe opened up.

Asian bourses were mostly up. Nikkei +14, Shanghaic +20, Hangseng +292.  STI closed +46 at 3326.  Volume was 1.6b shares.  Gainers were 305 to 139 losers.  

Short term trend of STI is up.

Top volumes were Memstar +1, IHC unchanged, OttoMarine +0.4, GoldenAgri +1, APAC -0.3, Vallianz +0.3, Noble +0.5, OLS +0.1, Magnus -0.2.

Market opened up and continued to rise to close at day high.  Blue chips were mostly up. Penny and speculatives were also mostly green. This is looking like a pre Xmas rally.

Dow's future and Europe are looking good for tonight.

Friday, December 19, 2014

Daily Summary 19 Dec 14

Dow and Europe were strongly up last night. Dow +421 to close at 17778, erasing one week's losses.  Dow's trend is turning up.  Dow's future is now +63.  Europe opened up.

Asian bourses were all up.  Nikkei +411, ShanghaiC +52, Hangseng +284.  STI closed +40 at 3284. Volume was 1.4b shares.  Gainers were 270 to 202 losers.

Trend of STI has turned up.

Top volumes were GoldenAgri -0.5, OLS -0.1, SIIC -0.3, IC +0.5, Blumont +0.2, Noble +3, SingTel -5, APAC unchanged, Elektromotive +0.1, IHH +4.5.

Market opened up and climbed higher to close at day high. Blue chips were mostly up. Penny and speculatives were also firmer but volume still remained a low of 1.4b shares.

Europe and Dow are looking firm for tonight.

Thursday, December 18, 2014

Stock Picks 19 Dec 14

OCBC recommendations for 2015

CapitalMall Trust - tgt $2.20
Frascrs Centrepoint Trust  - tgt $2.08
Starhill Global Reit - tgt  90c

Daily Summary 18 Dec 14

Dow and Europe recovered last night.  Dow closed +288 closing at 17357.  Trend of Dow is seeing a break up.  Dow's future is now +68.  Europe opened strongly up.

Asian bourses mostly recovered strongly. Nikkei +390, ShanghaiC -3, Hangseng +246.  STI closed +20 at 3247.  Volume was 1.3b shares.  Gainers were 234 to 183 losers.

Down trend of STI is starting to turn up..

Top volumes were IHC unchanged, Mirach +0.2, GoldenAgri +1.5, APAC +0.3, Ezion +3, Noble -2, GlobalLogistic -8, SingTel -4, SIIC unchanged, TopGlobal +0.1.

Market opened up and stayed up through the day. It moved higher in the last hour to close near day high at 3247.  Volume continued to be low.  Blue chips were big gainers. Penny and speculatives were slightly firmer.Keppel Corp continued to recover but not Sembcorp Marine.

Europe and Dow are looking to close high tonight.

Wednesday, December 17, 2014

Stock Picks 18 Dec 14

DBSV's recommendation for 2015
Sheng Siong - tgt 78c
Thai Bev - tgt 80c
Dairy Farm - tgt US$10.39
Petra Food - tgt $3.02

UOBKH
CityDev - tgt $10.84

Daily Summary 17 Dec 14

Europe were firmly up last night but Dow turned negative to close -112 at 17069.  Trend of Dow is down.  Dow's future is now +78.  Europe opened down.

Asian bourses closed mixed.  Nikkei +64, ShanghaiC +39, Hangseng -35.  STI closed +15 at 3230.  Volume was 1.3b shares.  Gainers were 197 to 227 losers.

Trend of STI is down.

Top volumes were GoldenAgri -2, IHC unchanged, Noble -0.5, Genting +1, TopGlobal -0.5, OLS unchanged, Mirach +0.2, SingTel +5, Ezion +5, Ezra +1.

Market opened flat and stayed slightly negative till late afternoon when it turned positive. It closed at day high at 3230.  Blue chips were mostly down.  Penny and speculatives were mixed.

Europe opened down.  Dow's future is now positive.

Tuesday, December 16, 2014

Stock Picks 17 Dec 14

DBSV
City Development - tgt $10.71
Olam - tgt $3.15

Daily Summary 16 Dec 14

Europe and Dow were sharply down last night.  Dow -100 closing at 17181.  Dow's trend is down.  Dow's future is now +7.  Europe opened sharply down.  

Asian bourses were sharply down as well but ShanghaiC bucked the trend closing +68.  Nikkei - 344, Hangseng -357.  STI closed -79 at 3216.  Volume was 1.3b shares.  Gainers were 107 to 337 losers.

Trend of STI is down.

Top volumes were IHC unchanged,  SIIC -0.1, GSH +0.3, Mirach  unchanged, Genting -4.5, LottVision -0.2, SingTel -10, Noble -5, GlobalLogistics -2, GoldenAgri -1.

Market opened down and fell further through the day.  It closed at day low at 3216.   Blue chips were mostly in the red.  Banks recent run up is seeing profit taking and selling down. Penny and speculatives too were seeing more losers.

Europe is looking quite weak at the moment while Dow's future is slightly positive.

Monday, December 15, 2014

Stock Picks 16 Dec 14

DBSV
 First Sponsor Group - tgt $1.43

UOBKH
Zico Holding - tgt 57c

Daily Summary 15 Dec 14

Dow and Europe were down on Friday. Dow -316 to closed at 17281. Dow's trend is down.  Dow's future is now +90.  Europe opened slightly up.

Asian bourses were mostly down.  Nikkei -272, ShanghaiC +15, Hangseng -221. STI closed -31 at 3293.  Volume was 1.1b shares.  Gainers were 134 to 321 losers.

Trend of STI starting to slip down.

Top volumes were IHC unchanged, ChinaEnv +2.2, ThaiBev -1.5, SIIC -0.3, Vallianz +0.3, Equation unchanged, GoldenAgri +0.5, OLS unchanged, LippoMallsTr -2, Mirach unchanged.

Market opened down and fell further. It closed off its low at 3293.  Volume hit a new low of 1.1b shares. Blue were mostly in the red. Penny and speculatives were also weaker.

Europe and Dow are looking like going to recover a bit of lost ground tonight.

Friday, December 12, 2014

Daily Summary 12 Dec 14


European bourses were mixed last night. Dow closed +63 at 17596.  Dow's trend is down. Dow's future is now -62.  Europe opened down.

Asian bourses were more on the positive after closing.  Nikkei +114, ShanghaiC +14, Hangseng -63.  STI closed +4 at 3324. Volume was 1.4b shares.  Gainers were 211 to 189 losers.

Trend of STI is turning up.

Top volumes were Keppel DCReit at 96.5, IPO. Mirach +0.6, SIIC +0.4, GoldernAgri -1, OLS unchanged, IHC -0.5, HPHTrust +1, APAC +0.1, Global Logistic +2, Charisma +0.2.

Market opened down briefly but turned positive and stayed positive for the rest of the session. It closed at near day low but still +5. Blue chips were steady. Penny and speculatives were mixed.

Europe and Dow are looking for a weak closing tonight.

Thursday, December 11, 2014

Stock Picks 12 Dec 14

UOBKH
Pacific Radiance - tgt $1.57

OCBC
Sheng Siong - tgt 77c

Daily Summary 11 Dec 14

European bourses were mixed while Dow -268 to close 17533.  Trend of Dow is down.  Dow's future is now +55.  European bourses opened up.

Asian bourses mostly down.  Nikkei - 155, ShanghaiC -13, Hangseng -212.  STI closed -5 at 3320.  Volume was 1.3b shares.  Gainers were 152 to 229 losers.

Trend of STI is flat.

Top volumes were IHC unchanged, Mirach +0.6, Elektromotive +0.1, BengKuang +0.1, GoldenAgri unchanged, SIIC -0.1,  APAC unchanged, HPHTrust unchanged, SingTel +5, Yuuzoo +0.5.

Market was trading sideways in a small range for the whole day. It was briefly up a little but drifted down to close -5.  Blue chips were weaker. Penny and speculatives were mixed.

Europe and Dow look like going to recoup some of the losses last night at this moment.

Wednesday, December 10, 2014

Daily Summary 10 Dec 14



Dow and Europe were all down last night. Dow was down more than 100 pts but closed -51 at 17801. Dow's trend has started to go down.  Dow's future is now +14.  Europe opened up.

Asian bourses were mixed. Nikkei -401, ShanghaiC +85 and Hangseng +39.  STI closed +7 at 3326.  Volume was 1.4b shares.  Gainers were 255 to 185 losers.

Trend of STI is relatively flat at this point with a bit upward biased.

Top volumes were IHC unchanged, SIIC +0.3, GoldenAgri +0.5, PacificCentury +1.5, APAC -0.1, Mirach +0.8, Digiland unchanged, SingTel unchanged, Yuuzoo +1, OLS unchanged.

Market opened flat and turned up to stay positive for the rest of the session though closing near day low.  Blue chips were generally firmer.  Penny and speculatives were also seeing slightly more greens.

Europe and Dow are looking like going to reverse from last night's falls.

Stock Picks 10 Dec 14

OCBC
Sheng Siong - tgt 77c

Tuesday, December 9, 2014

Daily Summary 9 Dec 14

Dow and Europe were down last night.  Dow -106 at 17852.  Dow's uptrend is turning down.  Dow's future is now -60.  Europe opened sharply down.

Asian bourses were sharply down. Nikkei -122, ShanghaiC -180, Hangseng -562.  STI +14 closing at 3312.  Volume was 1.8b shares.  Gainers were 169 to 268 losers.

Trend of STI is down.

Top volumes were Digiland unchanged, SIIC -0.1, IC unchanged, AdvancSCT unchanged, Ezion -7, Mirach -0.6, LippoMallTr -2, Genting +0.5, Yuuzoo+6, Oceanus unchanged.

STI opened up and went higher peaking just after lunch at a high of 3335. It fell afterwards when regional bourses fell sharply. It closed at day low but still gaining 14 pts.  Blue chips held on to their gains with more gainers than losers. Penny and speculatives were weaker.

Dow and European bourses are looking pretty weak at the moment.

Monday, December 8, 2014

Stock Picks 9 Dec 14

DBSV
Global Logistics - tgt $3.42

UOBKH
First Resources - tgt $2.80

Daily Summary 8 Dec 14

Europe and Dow closed firm on Friday. Dow was +59 at 17959.  Trend of Dow is up. Dow's future is now -33.  Europe opened down.

Asian bourses were mixed.  Nikkei +15, ShanghaiC +84, Hangseng +45.  STI closed -23 at 3302.  Volume was 1.45b shares.  Gainers were 148 to 280 losers.

Trend of STI is slightly down.

Top volumes were SIIC -0.5, Pacific Century -0.5, IC unchanged, Equation +0.1, OLS +0.1, AdvanceSCT +0.1, Elektromotive -0.1, GoldenAgr -1, Mirach -0.6, ThaiBev unchanged.

Market opened flat but turned positive for the main part of the morning before sliding down to close at day low. Blue chips were firmer in the morning but ended mostly weaker.  Penny and speculatives were generally weaker as well.

Europe and Dow are looking a bit weak for tonight.

Stock Picks 8 Dec 14

DBSV
Olam - tgt $3.10
YangZiJiang - tgt $1.62

Friday, December 5, 2014

Daily Summary 5 Dec 14

Dow and Europe were down last night.  Dow closed better than Europe down only 13 pts at 17900.  Dow's trend still looking up.  europe opened firmly up.

Asian bourses were mostl up.  Nikkei +33, ShanghaiC +39,  Hangseng +170.  STI closed +12 at 3316.  Volume was 2.2b shares.  Gainers were 222 to 218 losers.

Trend of STI is still down but could turn back up again.

Top volumes were SIIC -1.6, AdvanceSCT -0.1, IHC unchanged, WE -0.1, Genting -2, APAC -0.1, CapitaMallTrust unchanged, ThaiBev unchanged, Yuuzoo -1, Mirach -0.5

Market opened slightly down but turned up after an hour of trading. It stayed up to closed near day high with +12 pts.  Volume was higher today pasing the 2b mark after such a long time.  Blue chips were slightly firmer. Speculatives and penny stocks were mixed.

Euorpe and Dow's future are firm at this moment.

Thursday, December 4, 2014

Stock Picks 5 Dec 14

UOBKH
SmartFlex Holding - tgt 21c
Resources Prima  - tgt 33c

Daily Summary 4 Dec 14

European bourses were mixed last night. Dow closed +33 at 17913.  Dow's trend is turning np.  Dow's future is now +2. European bourses opened slightly positive.

Asian bourses were mostly up.  Nikkei +167, ShanghaiC +121, Hangseng +404.  STI closed +4 at 3307.  Volume was 1.3b shares.  Gainers were 195 to 234 losers.

Trend of STI is slipping down.

Top volumes were MDR unchanged, IHC unchanged, ThaiBev +2, APAC unchanged, Genting -2, Xpress +0.1, OLS unchanged, BengKuang +0.6, SingTel unchanged, ResourcesPrima unchanged.

Market opened up but drifted down through the day. It closed near day low but managed a +4pts to stay positive.  Trading was quite. Blue chips were mixed. Keppel Corp continued to fall but Semb Industry and Marine stayed flat. Penny and speculatives were mixed.

Dow and Europe are indicating relatively flat at the moment.

Wednesday, December 3, 2014

Stock Picks 4 Dec 14

DBSV
SingPost - tgt $2.18
Parkway Life Reit - tgt $2.16

UOBKH
M1 - tgt $4.00

OCBC
KepLand - tgt $4.09
Capitaland - tgt $3.79
Wheelock - tgt $2.38
Hotel Prop - tgt $5.32

Daily Summary 3 Dec 14


European bourses were mixed last night. Dow closed +103 at 17880.  Dow's trend looks like turning up. Dow's future is now -7.  Europe opened marginally up.

Asian bourses were mixed.  Nikkei +57, ShanghaiC +16, Hangseng -13.  STI closed -19 at 3303.  Volume was 1.3b shares.  Gainers were 144 to 277 losers.

Trend of STI is down.

Top volumes were AdvanceSCT -0.1, IHC unchanged, MDR unchanged, APAC unchanged, ChinaNewTown +0.2, SIIC -0.1, ThaiBev +2.5, Jaya -0.6, GoldenAgri +1, Genting -1.

Market started trading at 12.30 pm today due to some tech issues at SGX.  STI opened up and stayed up for two hours before falling to negative. It closed at day low.  Blue chips and banks were sold down. Oil and marine continue to fall with falling oil price. Penny and speculatives too were mostly weaker.

Dow and Europe are looking mixed at the moment.

Tuesday, December 2, 2014

Daily Summary 2 Dec 14

Europe and Dow were slightly down last night.  Dow -51 closing at 17777.  Dow's trend is starting to turn down.  Dow's future is now +73.  Europe opened up.

Asian bourses were mostly up.  Nikkei +73, ShanghaiC +83, Hangseng +287.  STI closed +20 at 3325.  Volume was 1.4b shares.  Gainers were 237 to 183 losers.

Trend of STI is turning down.

Top volumes were IHC unchanged, Xpress -0.2, GoldenAgri +1, Ezion +5.5, TopGlobal +0.1, Mirach +0.4, ThaiBev +1.5, Genting +1, CosmoSteel +2.5.

Market gapped up on opening after yesterday's selldown. Most of the sold down stocks recovered some of their losses from yesterday. STI closed at day low but still gained 17  pts.  Blue chips pared off yesterday's losses. Penny and speculatives also looked better with more in the green.

Europe and Dow are looking for a recovery tonight.

Monday, December 1, 2014

Stock Picks 2 Dec 14

DBSV
CDL Hospitality Trust - tgt $1.86

UOBKH
CDL Hospitality Trust - tgt $2.01

Daily Summary 1 Dec 14

Dow and Europe were flat on Friday. Dow closed +0.5 at 17828.  Trend of Dow is flattening. Dow's future is now 90.  Europe opened down.

Asian bourses were mostly down except Nikkei +130.  ShanghaiC - 2, Hangseng -620.  STI closed -45 at 3306.  Volume was 1.9b shares.  Gainers were 2 against 429 losrs.

Trend of STI is going down with MACDs cutting downwards.

Top volumes were GoldenAgri -1.5, Ezion -21, Elektromotive -0.1, IC unchanged, Mirach -2.4, SIIC -0.6, ResourcesPrima +1, Charisma -02, NexGen unchanged, Digiland -0.1.

Market opened flat and went positive for a short while. it then went downhill and went sharply down in late afternoon. It closed at day low at 3306, -45.  Two key issues, the rioting in Hongkong and the falling oil prices were the main factors causing the sharp fall especially in Hangseng.  Banks saw some profit taking but the worst hits were marine, oil and gas counters. Kep Corp, Semb Corp and Marine were sharply down.

Dow and Europe are looking weak tonight.

Sunday, November 30, 2014

Stock Picks 1 Dec 14

DBSV
Parkway Life REIT - tgt $2.66
OUE Hospitality Trust - tgt 95c

UOBKH
OUE - tgt $2.80

Friday, November 28, 2014

Daily Summary 28 Nov 14

European bourses were mixed last night while Dow was closed for Thanksgiving. Dow's trend is slightly up. Dow's future is now -17.  Europe opened down.

Asian bourses were mostly up.  Nikkei +211, ShanghaiC +52, Hangseng -17.  STI closed +15 at 3356.  Volume was 1.3b shares.  Gainers were 202 to 238 losers.

Trend of STI turning back up again.

Top volumes were APAC +0.4, IHC unchanged, Memstar +0.1, GoldenAgri -0.5, Ezion -8, ThaiBev unchanged, PacificAndes -0.3, Charisma unchanged, Genting unchanged, Mirach -0.6.

Market opened flat but gained strength through to close near day high. Blue chips were mostly higher, likely due to window dressing.   Penny and speculatives were slightly weaker.

Europe and Dow are not looking good at the moment.

Thursday, November 27, 2014

UOBKH
M1 - tgt $4.00
Starhub - tgt $4.33
Singtel - tgt $4.20

OCBC
KepLand - tgt $4.09

Daily Summary 27 Nov 14

Europe bourses were mixed last night. Dow closed +13.  Trend of Dow is up. Dow's future is now +12.  Europe opened slightly up.

Asian bourses closed generally weaker.  Nikkei -135, ShanghaiCC + 26, Hangseng -108.  STI closed -6 at 3344.  Volume was 1.3b shares.  Gainers were 196 to 243 losers.

Trend of STI is up but flattening.

Top volumes were IHC -0.5, ThaiBev -3, SIIC -0.6, WE unchanged, Charisma unchanged, Yuuzoo -8.5, AdvanceSCT +0.1, APAC unchanged, GoldenAgri unchanged, HPHTrust unchanged.

Market opened down but recovered slightly to stay positive in early morning trading. It then stayed flat, hovering a bit up and down and finally closed at day low.

Blue chips were mostly weaker with a bit of profit taking. Penny and speculatives were also seeing a bit more reds.

Dow and Europe are looking steady at the moment.

Wednesday, November 26, 2014

Daily Summary 26 Nov 14

European bourses were up but Dow closed -2 at 17815.  Trend of Dow is up. Dow's future is now +35.  Europe opened up.

Asian bourses were mostly up.  Nikkei -24, ShanghaiC +37, Hangseng +268.  STI closed +5 at 3349.  Volume was 1.8b shares.  Gainers were 226 to 199 losers.

Trend of STI is flattening.

Top volumes were MDR unchanged, IHC +0.5, SIIC -0.4, Addvalue +1.3, Memstar +0.1, GoldenAgri +1, APAC +0.6, Suntec +0.5, uuzoo +4, PacificAndes -0.4.

Market opened slightly weak and was negative in the morning. It started to recover in the afternoon and managed to close +5. Blue chips were mixed. Penny and speculatives were also mixed.

Europe and Dow are looking a bit up for tonight.

Tuesday, November 25, 2014

Stock Picks 26 Nov 14

UOBKH
ST Eng - 6.3% upside
Semb Marine - 10.8% upside
Smartfle - 34.6% upside

Daily Summary 25 Nov 14

Europe were flat last night. Dow +8 at 17818. Dow's trend is up. Dow's future now is -5.  Europe opened mixed.

Asian boureses were mixed and relatively flat.  Nikkei +50, ShanghaiC +35, Hangseng -49.  STI closed +5 at 3345.  Volume was 1.9b shares.  Gainers were 184 to 248 losers.

Trend of STI is levelling.

To volumes were SuntecReit +3,Top Global -0.1, AdvanceSCT unchanged, GoldenAgri unchanged, IHC unchanged, PacificAndes -2.8,  Genting +2, ThaiBev -0.5, Olam -5, SIIC +0.3.

Market opened flat and stayed flat for the whole session within a very small range. It closed at +5, near day high.  Blue chips were much firmer. Penny and speculatives were weaker.

Europe and Dow are looking flat for tonight.

Monday, November 24, 2014

Stock Picks 25 Nov 14

DBSV
Buy Capital Land and SMRT. No target price given.#

UOBKH
Kris Energy - tgt $1.18

OCBC
SingTel - tgt $4.18

Friday, November 21, 2014

Daily Summary 21 Nov 14

Europe were mixed and relatively flat last night. Dow was +33 closing at 17719.  Dow's trend is up.  Dow's future at the moment is +45.  Europe opened up.

Asian bourses were mostly up.  Nikkei +57, ShanghaiC +34. Hangseng +87.  STI closed +29 at 3344.  Volume was 1.3b shares.  Gainers were 283 to 160 losers.

Trend of STI is up.

Top volumes were GoldenAgri unchanged, OLS +0.2, IHC +0.5, AdvanceSCT -0.1, Genting +2, Resources Prima +0.9, Memstar unchanged, ThaiBev +1, SIIC +0.2, SingTel +2.

Market opened positive and stayed up for the whole session. It closed at day high.  Blue chips were mostly up.  Penny and speculatives were also mostly green for the weekend.

Europe and Dow are looking steady at the moment.

Thursday, November 20, 2014

Daily Summary 20 Nov 14

European bourses were flat last night while Dow was -2 at 17686.  Trend of Dow was slightly trending up.  Dow's future is now -57.  Europe opened down.

Asian bourses were mixed.  Nikkei +12,  ShanghaiC +2, Hangseng -24.  STI closed -19 at 3316.  Volume was 1.3b shares.  Gainers were 159 to 286 losers.

Trend of STI is flat.

Top volume were IHC  unchanged, GoldenAgri -1, Meah unchanged, Genting +1.5, Digiland +0.1, SingTel  -3, Memstar unchanged, ThaiBev -2.5, CommDesign-0.6, IPCO  unchanged.

Market opened marginally up.but slid down to close at day low. Blue chips were mostly in the red. Penny and speculatives were also weaker. Volume was a low of 1.3b.

Europe and Dow are looking weak at the moment.

Letter of Appeal to the Prime Minister’s Office

Letter of Appeal to the Prime Minister’s Office for the job security of SIA pilots

Below is another pathetic letter from a disadvantaged Sinkie employed by a GLC. All I can say is that it is like singing to the cow. They would not listen. They are deaf frogs. And they believed what they are doing is right and good for you. Why do you think cheating of shoppers could happen for more than 30 years until this Jover Chew’s case before they knew something had happened? Sinkies had been sold out and the sad part is that they don’t even know why or who had sold them out.
 

The full letter is posted in TRE. Would daft Sinkies wake up in time for the next GE? Sorry Sham, you should sign off as Daft Sinkie below your name. But they already knew. Nothing will happen until you and other daft Sinkies act together to effect the change. You want change for the better? The future is in your hand. Dig the spur into their hide. Don’t wait till 6.9m, you would not even have a place to stand on by then
 

19 Nov 2014
Dear Sir,
 

I am a pilot with Singapore airlines since 1999 and am right now a seven-year Senior First Officer who flies the A380 super Jumbo. During my time with the Airline I have experienced many ups and downs but what has forced me to write to you is to highlight the disparity for a Singaporean as compared to a Non- Singaporean….
 

It takes a newly qualified pilot an average of 8 to 10 years to be selected for command training, and on successful completion achieve the rank of Captain.
 

During this period, a Singaporean first officer dedicates 1 month of each year to serving our country as an active reservist whereas a non-Singaporean is not liable for this.
 

Even more so, when a non-Singaporean chooses to become a citizen, he enjoys all benefits of being one without having served at all. Whereas, for a Singaporean, we lose out a total of 1 year’s worth of flying by the time we are selected for Command training….
 

Recently there was an article in the Singapore Straits Times stating how non-Singaporeans given positions of importance have actively gone out and recruited their own kind for their companies and in time even given them positions of importance.
 

In Singapore airlines 95% of Flight Operations Management and 80% of Flight Operations Training Department is made up of Non- Singaporeans or those who chose to become citizens….
 

I am not asking for all these people to be replaced. What I am asking for is to level the playing field for Singaporeans. These are your people. We may be a minority, which may seem like a small number but take into account all the children and grandchildren we have and this now grows exponentially.
Please do something for us and our future.
 

Sham Kumar Singh

Kopi Level -n Green

Wednesday, November 19, 2014

Stock Picks 20 Nov 14

UOBKH
Lantrovision - tgt 65.5c

OCBC
Yoma - tgt 74c

Daily Summary 19 Nov 14

Dow and Europe were slightly up last night. Dow was +40 at 17688.  Dow's trend is inching back up.  Dow's future at the moment is +40.  Europe opened flat.

Asian bourses were mixed.  Nikkei -55, ShanghaiC -5, Hangseng -156.  STI closed +20 at 3333.  Volume was 1.5b shares.  Gainers were 251 to 198 losers.

Trend of STI is turning up again.

Top volumes were Charisma +0.1, Genting +1.5, IHC unchanged, Vallianz +0.3, JES +0.2, SIIC +0.1, Mirach +0.1, CitySpringTrust +3, Memstar unchanged, Sincap unchanged.

Market opened up and stayed positive but within a small range.  Blue chips were mostly positive. Penny and speculatives were mixed.  Trading volume is still very low with little retail participation.

Europe has started to turn a bit negative while Dow's future is slightly up.

Tuesday, November 18, 2014

Stock Picks 19 Nov 14

UOBKH
NOL - tgt $1.01
QT Vascular - tgt 60c

Daily Summary 18 Nov 14

Dow and Europe were marginally up last night. Dow closed +13  at 17648.  Trend of Dow is flattening.  Dow's future is now +3.  Europe opened up.  

Asian bourses were mixed.  Nikkei +370, ShanghaiC -16, Hangseng -268.  STI closed +21 at 3310.  Volume was 1.5b shares.  Gainers were 254 to 201 losers.

Trend of STI is flat.

Top volumes were OLS +0.1, ThaiBev -1, IHC unchanged, Genting +3, Memstasr unchanged, Artivision +0.4, Spackman +4, Charisma 0.1, GoldenAgri +0.5, SIIC +0.1.  

Market opened positive and stayed up the whole day to close near day high.  Blue chips were firmer.  Penny and speculatives were also see more gainers.

Europe and Dow are looking steady for tonight.

Monday, November 17, 2014

Stock Picks 18 Nov 14

UOBKH
Amtek Engineering - tgt 71.5c

OCBC
Libra Group - tgt 33c

Daily Summary 17 Nov 14

Europe were marginally up on Friday.  Dow closed -18 at 17635.  Trend of Dow is still up but slacking a bit.  Dow's future is now -28.  European bourses opened mixed.

Asian bourses were mostly down. Nikkei -517, ShanghaiC -4, Hangseng -290.  STI closed -28 at 3288.  Volume was 1.5b shares.  Gainers were 153 to 352 losers.

Trend of STI is turning down.

Top volumes were ThaiBev -4.5, Memstar -0.1, GoldenAgri -1, IHC -0.5, Genting unchanged, SIIC -0.5, Ezion -5.5, Charisma -0.2, SingTel -4, JES -0.2.

Market opened marginally down but fell further when regional bourses fell sharply. STI closed at day low.  Blue chips were mostly weaker.  Penny and speculatives were mostly in the red.

The recent uptrend is looking at reversing.

Europe and Dow are looking a bit weak at the moment.

Sunday, November 16, 2014

Stock Picks 17 Nov 14

DBSV
Centurion - tgt 91c
Olam - tgt $3.05
Thai Bev - tgt 80c

UOBKH
Sino Grandness Food - tgt 95c

OCBC
DynaMac - tgt 44.5c
Wheelock Properties - tgt $2.38
Hotel Prop - tgt $5.32
Midas - tgt 50c
Libra Group - tgt 33c

Friday, November 14, 2014

Daily Summary 14 Nov 14

Europe and Dow were marginally up last night.  Dow closed +41 at 17653.  Uptrend of Dow is showing it still got some strength.  Dow's future is flat at this moment. Europe also opened flat.

Asian bourses were generally up. Nikkei +98, ShanghaiC -8, Hangseng +67.  STI closed +7 at 3312.  Volume was 1.7b shares.  Gainers were 219 to 254 losers.

Trend of STI is flat but slightly upward biased.

Top volumes were Memstar +0.4, OLS +0.1, SIIC +0.5, GoldenAgri -0.5, Equation +0.1, IHC +0.5, Genting +1, Weiye +0.1, Charisma -0.1, ResourcesPrima +0.1.

Market opened marginally up and stayed that way for the most part of the session.  Blue chips were mixed. Penny and speculatives slightly weaker. It was a directionless session for a Friday.

Europe and Dow are flat at the moment.

Thursday, November 13, 2014

Stock Picks 14 Nov 14

DBSV
Pacific Radiance - tgt $1.30
Frasers Centrepoint - tgt $2.05

UOBKH
Comfort Delgro - tgt $3.02
First Resource  - tgt $2.80
Pacific Radiance - tgt $1.57

OCBC
Comfort Delgro - tgt $3.03
KSH - tgt 71c
Hotel Property - tgt $5.32

Daily Summary 13 Nov 14

Europe were down last night. Dow opened down but managed to crawl back to close -3 at 17612. Uptrend of Dow is flattening. Dow's future is now +42.  Europe opened up.

Asian bourses were mostly up.  Nikkei +196, ShanghaiC -8, Hangseng +82.  STI closed +22 at 3306.  Volume was 1.7b shares.  Gainers were 243 to 211 losers.

Trend of STI is turning down.

Top volumes were GoldenAgri -3, IHC -0.5, SIIC +0.6, OLS +0.1, UnitedEnvtech +9.5, Sincap +0.1, Genting +2, Adventus +0.1, SingTel +5, HealthwayMed unchanged.

Market opened slightly up but gained strength through the session. It closed near day high. Blue chips were firmer with banks making strong gains.  Penny and speculatives were steady.

Europe and Dow are looking steady at this moment.

Wednesday, November 12, 2014

Daily Summary 12 Nov 14

European bourses were marginally up last night. Dow closed flat with +1 at 17615.  Dow's trend is up but flattening.  Dow's future is now -40. Europe opened down.

Asian bourses were mixed.  Nikkei +73, ShanghaiC +25, Hangseng +130.  STI closed -14 at 3278.  Volume was 1.2b shares.  Gainers were 203 to 205 losers.

Trend of STI is starting to turn down.

Top volumes were Genting -2.5, IHC unchanged, Adventus unchanged, LionGold +0.2, Charisma unchanged, Globallogistic -4, Vallianz -0.4, Elektromotive unchanged, Noble unchanged, SingTel +3.

Market opened flat, stayed positive for the most part of morning but turned negative by noon. It closed at day low.  More blue chips were in the red than green. Penny and speculatives were mixed.

Dow and Europe are showing weakness now and likely to close in the red tonight.

Tuesday, November 11, 2014

Stock Picks 12 Nov 14

DBSV
Nam Cheong - tgt 60c
ARA Asset Mgt - tgt $1.98

OCBC
UOL - tgt $6.95

Daily Summary 11 Nov 14

Europe were flat last night. Dow +40 at 17614.  Dow's trend is up. Dow's future is now +27.  Europe opened up.

Asian bourses were mixed but Nikkei rallied +344. ShanghaiC -3, Hangseng +64.  STI closed -11 at 3290.  Volume was 1.4b shares.  Gainers were 161 to 264 losers.

Trend of STI is flattening.

Market opened slightly up but drifted down through the session to close at day low. Blue chips were mixed. Penny and speculatives were weaker.

Dow and Europe are looking steady for tonight.

Monday, November 10, 2014

Stock Picks 11 Nov 14

DBSV
Ezion - tgt $2.35
Super Group - tgt $1.15
Nam Cheong - tgt 48c
ARA Asset Mgt - tgt $1.98

UOBKH
First Resource - $2.80
Bumitama - tgt $1.40

OCBC
Yang Zi Jiang - tgt $1.31
Ezion  - tgt $2.31

Daily Summary 10 Nov 14

European bourses were mixed on Friday. Dow closed +19 at 17574.  Dow's trend is up. Dow's future is now +18.  Europe opened slightly up.

Asian bourses were mostly up except Nikkei -100. ShanghaiC +55, Hang seng +194. STI closed +18 at 3305.  Volume was 1.8b shares.  Gainers were 224 to 236 losers.

Trend of STI is up.

Top volumes were CompactMetal -0.4, Blumont +0.1, IHC unchanged, SIIC +0.1, APAC -0.7, Noble +5, OLS +0.1, JES -0.2, Charisma -0.1, STATSChip -1.

Market opened up and stayed up the whole day. Blue chips were mostly up. Penny and speculatives were weaker.

Europe and Dow are looking steady at this moment.

Sunday, November 9, 2014

Stock Picks 10 Oct 14

DBSV
Semb Corp Industry - tgt $5.40
Noble - tgt $1.60
Venture - tgt $8.40
Yangzijiang - tgt $1.60
Capitaland - tgt $3.84
Japfa - tgt $1.00
Singapost - tgt $2.12
Mapletree Logistic Trust - tgt $1.25

OCBC
Capitaland - tgt $3.79
Noble - tgt $1.31
Venture Corp - tgt $8.04

Friday, November 7, 2014

Daily Summary 7 Nov 14

Europe and Dow continued to move up. Dow closed +70 at 17554.  Dow's trend is up.  Dow's future at the moment is +24.  European bourses opened flat.

Asian bourses closed mixed.  Nikkei +88, ShanghaiC -9, Hangseng -99.  STI closed -4 at 3287.  Volume was 1.5b shares.  Gainers were 199 to 248 losers.

Trend of STI is still up.

Top volumes were JES +0.3, Charisma -0.3, Digiland unchanged, STATS ChipPac -10.5, SuntecReit 6.5, IHC unchanged, PSL -0.7, APAC -0.1, SIIC +0.1, Jaya +0.1.

Market opend slightly up and stayed up for most part of the day. It fell in the last hour of trading to close at day low at -4.5. Blue chips were slightly weaker. Penny and speculatives were generally weaker as well.

Dow and Europe are looking steady at the moment.

Thursday, November 6, 2014

Stock Picks 7 Nov 14

DBSV
CWT - tgt $2.08
Ezion - tgt $2.35
Midas - tgt 45c

UOBKH
Hi P International - tgt 85c
First Resource - tgt $2.80
Bumitama - tgt $1.40
Ascott Residence Trust - tgt $1.40
Ezion - tgt $2.18
Semb Corp Industry - tgt $5.80

OCBC
SingPost - tgt $2.17
Ascott Residence Trust  - tgt $1.37
Kim Heng

Daily Summary 6 Nov 14

Dow and Europe closed up last night.  Dow +101 at 17485.  Trend of Dow is up.  Dow's future is now -11.  Europe opened slightly down.

Asian bourses were mixed and relatively flat.  Nikkei -145, ShanghaiC +7, Hangseng -46.  STI closed +5 at 3292.  Volume was 1.6b shares.  Gainers were 196 to 259 losers.

Trend of STI is up.

Top volumes were IHC +0.5, OLS unchanged, CedarStrategic unchanged, JES +0.2, Noble +0.5, Digiland unchanged, Vallianz -0.3, APAC -0.3, Elektromotive unchanged, NextGen +0.1.

STI opened up and stayed up most part of the session. Blue chips were mixed. Though the index closed positive, there were more losers than gainers.  Penny and speculatives were more reds than greens. Volume slid down to below 2b again.

Europe and Dow's future are a bit weak at the moment.

Wednesday, November 5, 2014

Stock Picks 6 Nov 14

UOBKH
Riverstone Holding - tgt $1.09

OCBC
SembCorp Marine - tgt $4.18
Ezion - tgt $2.31
Ascort Residence Trust - tgt $1.33
OUE - tgt $2.69

Daily Summary 5 Nov 14

European bourses were slightly down while Dow recovered to make a small gain of 18 pts, closing at 17384.  Trend of Dow is up.  Dow's future is now +56.  European bourses opened up.

Asian bourses were mixed. Nikkei +75, ShanghaiC -10, Hangseng -150. Trading session was disrupted by system failure after 2pm Market will resume trading at 5.15pm for 30 minutes.

Market opened flat but slipped quickly to negative. It recovered and was 5 pts up at 2pm before the system crashed. The stoppage has make the session a non event.

Europe and Dow are looking firm at the moment.

Tuesday, November 4, 2014

Stock Picks 5 Nov 14

DBSV
Global Logistic Properties -tgt $3.42
SMRT - tgt $1.86
Centurion - tgt 91c

Daily Summary 4 Nov 14

Europe and Dow pulled back a bit after the recent gains. Dow closed -24 at 17366.  Dow's trend is up.  Dow's future is now +10.  Europe opened up.

Asian bourses were mixed. Nikkei +449, ShanghaiC +1, Hangseng -70.  STI closed -10 at 3281.  Volume was 2.3b shares.  Gainers were 186 to 264 losers.

Trend of STI is up.

Top volumes were WE +0.2, Charisma unchanged, Vallianz -0.3, IC +0.5, OLS +0.1, PSL +0.3, Blumont -0.1, Mirach -0.3, EMSEnergy +0.2, Adventus +0.2.

Market opened and dipped instantly. It stayed negative most of the day with a short interval staying at flat.  Blue chips were mixed. Penny and speculatives were weaker as well. A bit of consolation folowing Dow's trend last night.

Dow and Europe are looking steady at the moment.

Monday, November 3, 2014

Stock Picks 4 Nov 14

DBSV
Pacific Radiance - tgt $1.34
OUE Hospitality Trust  - tgt 95c

UOBKH
SMRT buy 11.1% upside
ISOTeam buy 22.6% upside
QT Vascular buy 29.5% upside

Daily Summary 3 Nov 14

Dow and Europe were up on Friday.  Dow closed +195 at 17391.  Dow's trend is up. Dow's future is now -19.  Europe opened flat.  

Asian bourses were mixed.  Nikkei closed.  ShanghaiC +11, Hangseng -82.  STI closed +14 at 3288.  Volume was 2.4b shares.  Gainers were 293 to 168 losers.

Trend of STI is up.

Top volumes were Charisma +0.8, CompactMetal +0.4, JES +0.6, Mirach +0.8, Vallianz +1.4, IHC unchanged, PerennialCRT +1.5, Blumont +0.4, ThaiBev -1, Jaya +0.6.

Market opened up and hit a high of 3296 before retreating. It closed off its high iwth a 14 pt gain. Volume has increased to 2.4b shares.  Blue chips were general firmer with banks making good gains.  There were more gainers than losers and penny and speculatives were seeing more greens.

Europe and Dow's future are slightly weaker at the moment.

Sunday, November 2, 2014

Stock Picks 3 Nov 14

DBSV
Swissco - tgt $1.20
SMRT - tgt $1.86
Kep Corp - tgt $11.10
Semb Corp Marine - tgt $4.00

OCBC
DBS - tgt $21.10
SMRT - tgt $1.65
OUE Commercial Reit  - tgt 88c
Semb Corp Marine - tgt $4.18
Kep Corp -tgt $11.75

Friday, October 31, 2014

Daily Summary 31 Oct 14

Europe and Dow were all up last night. Dow opened down but ended +221.  Trend of Dow is up. Dow's future is now +170.  Europe opened strongly up.

Asian bourses rallied with very big gains.  Nikkei +756, ShanghaiC +29, Hangseng +296.  STI closed +34 at 3269.  Volume was 1.9b shares. Gainers were 363 to 121 losers.

Trend of STI has turned up.

Top volumes were APAC +0.4, OLS unchanged, IHC unchanged, JES +0.6, Noble +0.5, Mirach +0.3, Genting +4, SingaporeeDev +0.1, Blumont +0.2, Oceanus +0.1.

Market opened up. It climbed higher through the session in line with regional bourses. Dow's overnight gain and month end window dressing could bring all the forces together to push the market higher.  Blue chips were strong with banks making good gains following the results of UOB and OCBC.  Penny stocks and speculatives were also mostly green.

Europe and Dow's future are very firm at the moment. All the charts are looking up, a big contrast to all the bad news a few weeks back.

Thursday, October 30, 2014

Stock Picks 31 Oct 14

DBSV
OCBC - tgt $12.70
IndoAgri - tgt 98c
Parkway Life Reit - tgt $2.62
Starhill Global Reit - tgt 90c

UOBKH
OCBC - tgt $11.60

OCBC
UOB - tgt $24.20
Starhill Global Reit - tgt 90c
DBS - Buy- no tgt price

Daly Summary 30 Oct 14

European bourses were slightly positive while Dow closed -31 at 16974.  Trend of Dow is up.  Dow's future at the moment is +40.  Europe opened up.

Asian bourses were mixed.  Nikkei +104, ShanghaiC +18, Hangseng -118.  STI closed +7 at 3230.  Volume was 1.3b shares.  Gainers were 191 to 205 losers.

Trend of STI is slightly looking up.

Top volumes were MDR +0.1, IHC unchanged, Digiland unchanged, Yongnam +4.5, HPHTrust -1, Noble unchanged, SinoGrandness +5.5, GoldenAgri +0.5, SingaporeeDev unchanged, Oceanus -0.1.

Market opened slightly up but drifted to flat for most part of the day. There were some last minute buying to bring it to close +7, which is near day high. Volume dipped below 1.3b shares. There were more losers than gainers among the blue chips.  Penny stocks and speculatives were mixed.

Europe and Dow are looking steady at the moment.

Stock Picks 30 Oct 14

DBSV
OSIM - tgt $2.59

OCBC
Yoma - tgt 74c

Wednesday, October 29, 2014

Daily Summary 29 Oct 14

Europe and Dow were much firmer last night. Dow closed +188 at 17006. Dow's trend is up. Dow's future is flat at the moment.  Europe opened up.

Asian bourses were mostly up.  Nikkei +224, ShanghaiC +35, Hangseng +300.  STI closed +12 at 3224.  Volume was a pathetic 1.3b shares.  Gainers were 275 to 157 losers.

Trend of STI is still flat.

Top volumes were APAC +0.3, IHC unchanged, OLS +0.1, GoldenAgri +0.5, OSIM -21.5, Noble unchanged, InnoPac unchanged, JES -0.1, Mirach -0.1, SinoGrandness -1.

Market opened up and stayed up the whole session but with a small gain of 12 pts. Volume was as usual, a non event.  Blue chips were firmer. Penny and speculatives were also firmer. Market is still like a cemetry.

Europe and Dow are looking steady for tonight.

Stock Picks 29 Oct 14

DBSV
Mapletree Greater China Com Trust - tgt $1.04
Sheng Siong - tgt 78c

OCBC
Mapletree Greater China Com Trust - tgt $1.00

Tuesday, October 28, 2014

Daily Summary 28 Oct 14

Europe were slightly down last night while Dow gained 13 pts to close at 16818.  Trend of Dow is up.  Dow's future is now +72.  European bourses opened up.

Asian bourses were mostly up.  Nikkei bucked the trend at -59.  ShanghaiC +47, Hangseng +377.  STI closed -12 at 3214.  Volume was 1.4b shares.  Gainers were 156 to  254 losers.

Trend of STI is sliding down.

Top volumes were IC unchanged, Armarda unchanged, Noble -6, APAC -0.3, HuanHsin +0.6, Blumont -0.3, Artivision +0.1, Mirach -0.3, GoldenAgri +1, HPHTrust -1.

Market opened down and stayed down the whole session. Volume was low with little trading interest. Blue chips were weaker. Penny and speculatives were also much weaker.

Europe and Dow are looking firm at this moment.

Monday, October 27, 2014

Stock Picks 28 Oct 14

DBSV
OCBC - tgt $12.70
UOB - tgt $23.10
Hutchinson Port Holding Trust - tgt US 78c

UOBKH
Hutchinson Port Holding Trust - tgt US 80c
ISO Team - tgt 64c
Raffles Medical Group - tgt $4.30

Daily Summary 27 Oct 14

European bourses were down on Friday but Dow gained 128 pts to close 16805. Dow's trend is up.  Dow's future is now +28.  Europe opened up.

Asian bourses were mostly down.  Nikkei +97, ShanghaiC -12, Hangseng -1.  STI closed +4 at 3226.  Volume was 1.3b shares.  Gainers were 193 to 247 losers.

Up trend of STI is flattening a bit.

Top volumes were APAC -0.9, Oceanus +0.1, IHC unchanged, Blumont -0.2, SingTel +2, Artivision +0.8, OLS unchanged, Jaya +0.3, LionGold -0.4, Mirach -0.3.

Market opened up but fell quickly to stay flat most part of the day. It dipped to negative in late afternoon but regained a few points during matching. Blue chips were mixed. Penny and speculatives too were mixed.

Dow and Europe are looking steady at the moment.

Sunday, October 26, 2014

Stock Oicks 27 Oct 14

DBSV
Bumitama Agri - tgt $1.21
First Resource - tgt $2.14
IndoAgri - tgt 98c

UOBKH
Capita Commercial Trust - tgt $1.88
Frasers Centrepoint Trusts - tgt $2.23

OCBC
Libra Group - tgt 33c
Frasers Centrepoint Trust $2.08
Mapletree Greater China Com Trust $1.00

Friday, October 24, 2014

Daily Summary 24 Oct 14

Europe and Dow were up last night. Dow closed +217 at 16678.  Trend of Dow is turning up.  Dow's future is now marginally down, -17.  Europe opened slightly down.

Asian bourses were mixed.  Nikkei +153, ShanghaiC flat, Hangseng -31.  STI closed -14 at 3223.  Volume was 1.4b shares.  Gainers were 218 to 210 losers.

Trend of STI is also turning up.

Top volumes were OLS +0.1, IHC unchanged, APAC +0.1, Oceanus unchanged, Charisma +0.2, Mirach -0.1, SingTel -6, JES -0.2, Blumont -0.1, Artivision 0.9.

STI opened flat but fell immediately and stayed negative throughout the whole session despite the better closing in Europe and Dow.  Blue chips were mixed and so were penny and speculatives. It was another directionless and quite session.

Europe and Dow's future at the moment were slightly down.

Thursday, October 23, 2014

Stock Picks 24 Oct 14

DBSV
Ascott Residence Trust - tgt $1.40
Ascendas Reit - tgt $2.49
SoilBuild Business Spac Reit - tgt 92c

UOBKH
Ascendas Reit - tgt $2.73

OCBC
Ascendas Reit - tgt $2.45
Frasers Centrepoint Trust - tgt $2.08

Daly Summary 23 Oct 14


European bourses were slightly up but Dow closed -153 at 16461.  Dow's trend has actually done a golden crossing and breaking up. Dow's future at the moment is +90.  Europe opened up.

Asian bourses were mixed.  Nikkei -57, ShanghaiC -24, Hangseng -71.  STI closed +31 at 3233.  Volume was 1.5b shares.  Gainers wer e272 to 159 losers.

Trend of STI has turned up with a golden crossing.

Top volumes were IHC +0.5, APAC -0.1, Mirach +0.4, InnoPac +0.1, Genting +2, SingaporeeDev unchanged, HPH Trust +0.5, SIIC +0.8, Ezion +10, Blumont unchanged.

Market opened slightly up and stayed up to buck the trend among Asian bourses. It made further gains in late afternoon when Europe opened positive.  Blue chips were mostly up.  Penny and speculatives were generally firmer too.

Europe and Dow are looking good at the moment.

Wednesday, October 22, 2014

Stock Picks 23 Oct 14

DBSV
Kep Corp - tgt $11.10
Frasers Commercial Trust - tgt $1.53
Mapletree Industrial Trust - tgt $1.53
Mapletree Logistic Trust - tgt $1.25

UOBKH
Sino Grandness Food - tgt 95c
Kep Corp - tgt $12.60
Mapletree Industrial Trust - tgt $1.66
Suntec Reit - tgt $2.05
Triyard - tgt $1.13

OCBC
Singtel - tgt $4.08
Kep Corp - tgt $11.75
Suntec Reit - tgt $1.90
Frasers Commercial Trust - tgt $1.50
Kep Land - tgt $4.09

Tuesday, October 21, 2014

Daily Summary 21 Oct 14

Europe were mixed while Dow recovered to close +19 at 16400.  Dow's trend is attempting to reverse the downtrend.  Dow's future is now -3.  Europe opened up.

Asian bourses were mixed.  Nikkei -309, ShanghaiC -17, Hangseng +18.  STI closed +1 at 3199..  Volume was 1.3b shares.  Gainers were 231 to 198 losers.

Trend of STI is starting to turn up.

Top volumes were Genting -1, IC unchanged, APAC -0.1, OLS unchanged, Spackman +5, Mirach -0.3, ThaiBev +0.5, Blumont -0.1, SingPost -2, Charisma unchanged.

Market opened flat but crept back to positive through the session. It closed near day high. Blue chips were mostly up. Penny and speculatives were slightly better.
Trading remained subdue with little activities.

Europe is very firm at the moment while Dow's future is marginally down.

Monday, October 20, 2014

Stock Picks 21 Oct 14

DBSV
Keppel Land - tgt $4.59

UOBKH
Boustead - tgt $2.06
Keppel Land - tgt $4.30
Rex International - 38.4% upside
RH Petrogas - 41.5% upside
SingHaiyi - 40% upside
Vard - 10.7% upside

OCBC
Frasers Commercial Trust - tgt $1.48

Daily Summary 20 Oct 14

Dow and Europe rebounded strongly on Friday. Dow closed +263 pts at 16380.  Dow's down trend is seeing a break.  Dow's future is now +37.  Europe opened down.

Asian bourses were mostly up with Nikkei surging 579 pts. ShanghaiC +16 and Hangseng +47.  STI closed +19 at 3187 but dipped further to 3181 after matching..  Volume was a low of 1.2b shares.  Gainers were 237 to 198 losers.

Down trend of STI is seeing the first sign of a reversal if it continues to recover in the next few sessions.

Top volumes were IHC unchanged, APAC +0.1, JES unchanged, Singtel +3, Vallianz -0.3, Genting -1.5, OLS unchanged, Ezion +1.5, Blumont -0.1, Mirach -0.3.

Market was slightly positive on opening and gained more strength but level off later to close +19. Volume was another low of 1.2b shares. Most blue chips recovered with decent gains. Penny and speculatives were generally firmer.

Europe and Dow are looking at opposite direction at the moment.

Sunday, October 19, 2014

Stock Picks 20 Oct 14

DBSV
Ezion - tgt - $1.61
Pacific Radiance - tgt $1.20
CapitaMall Trust - tgt $2.12

UOBKH
First Resources - 14.7% upside
Halcyon Agri - 15.5% upside
QT Vascular - 31.4% upside

OCBC
CapitaMal Trust - tgt $2.20

Friday, October 17, 2014

Daily Summary 17 Oct 14

Europe closed mixed last night. Dow opened down but recovered to lose only 25 pts at 16117.  Trend of Dow is down. Dow's future is now +170.  Europe opened up strongly.

Asian bourses were mixed. Nikkei -206, ShanghaiC -15, Hangseng +122.  STI closed +15 at 3169.  Volume was 1.4b shares.  Gainers were 289 to  160 losers.

Trend of STI is down.

Top volumes were IHC unchanged, APAC unchanged, GoldenAgri +1, Mirach unchanged, Genting +0.5, Noble +2.5, RHPetrogas +8.5, Blumont +0.3, Ezion +5, Vallianz +0.4.

Market opened down but crept up slightly to stay flat or slightly positive. Buying came back in the last hour when Europe opened strongly up. Blue chips were mostly green. Penny and speculatives were also firmer.

Dow and Europe are looking very firm at the moment.

Thursday, October 16, 2014

Stock Picks 17 Oct 14

DBSV
Ascendas Residence Trust - tgt $1.39
China Merchant Holdings - tgt $1.42
M1 - tgt $3.85

UOBKH
Keppel Reit - tgt $1.42
M1 - tgt $4.00
RH Petrogas - tgt $1.00
Asia Pay TV - 13.2% upside
Raffles Medical Holdings - 5.2% upside
IHH Healthcare - .7.1% upside

OCBC
Ascendas Residence Reits - tgt $1.33


Daily Summary 16 Oct 14

Another day of big falls in Europe and Dow. Dow was -400 but managed to close better at 16142, -173.  Dow's trend is down.  Dow's future is now +40.  Europe opened up.

Asian bourses were all down.  Nikkei -335, ShanghaiC -17, Hangseng -239.  STI closed -45 at 3154.  Volume was 1.6b shares.  Gainers were 89 to 430 losers.

Trend of STI is down.

Top volumes were APAC unchanged, IHC -0.5, Mirach -1, GoldenAgri -1, Noble -4, Ezion -13, Genting -3, InnoPac +0.1, ThaiBev unchanged, Charisma -0.1.

Market opened down and went down further. It closed at -38 but fell to -44.5 after matching to close at day low. It was a sea of red. Blue chips were nearly all red with banks taking a hit.  Penny and speculatives were not spared.

European bourses are recovering at the moment and Dow's future is positive. Maybe some technical rebound is on the card tonight.

Wednesday, October 15, 2014

Stock Picks 16 Oct 14

DBSV
Valuetronics - tgt 41c

UOBKH
Mapletree Commercial Trust - 9.8% upside
Ascendas Reit - 6.2%

Daily Summary 15 Oct 14

Europe recovered some grounds last night. Dow was also positive in the first half of trading but slid back to -6 points closing at 16315.  Dow's trend is still down.  Dow's future is now -37.  Europe opened down.

Asian bourses were mostly firmer. Nikkei +137, ShanghaiC +14 and Hangseng +92.  STI closed +4, near its day low at 3199. It hit a day high at 3210.  Volume was 1.6b shares.  Gainers were 159 to 302 losers.

Trend of STI is down.

Top volumes were Vard -13.5, IHC unchanged, Topglobal -0.1, OttoMarine -0.6, APAC -0.1, GoldenAgri -1.5, Charisma -0.2, JES +0.2, BengKuang +0.2, HPHTrust unchanged.

Market opened up and stay up throughout the session with a short period dipping slightly to negative.  Blue chips were slightly firmer. Penny and speculative stocks were mostly down. There are still a lot of weaknesses despite several day's of losses.

Europe is looking down at the moment. Dow's future is also in the negative.

Tuesday, October 14, 2014

Stock Picks 15 Oct 14

OCBC
Singpost - tgt $2.09

Daily Summary 14 Oct 14


Europe were mixed last night but Dow continued to fall, -223 at 16321.  Dow's trend is down. Dow's future is now +36.  Europe opened slightly down.

Asian bourses were generally weaker.  Nikkei -384, ShanghaiC -9, Hangseng -95.  STI closed -3 at 3199.  Volume was 1.5b shares.  Gainers were 169 to 295 losers.

Trend of STI is down.

Top volumes were OLS +0.1, APAC -0.1, IHC unchanged, HPHTrust unchanged, Mirach -0.6, Noble -0.5, Valuetronics -6, ThaiBev -0.5, IPCO unchanged, GoldenAgri +0.5.

Market opened down but turned positive in late morning when Hangseng was up. It turned down again following Hangseng's weakness in the afternoon.  Blue chips were mostly down with banks taking the brunt of the fall. Penny and speculatives were also generally weaker.

European bourses are a bit weak at this moment. Dow's future is positive and pull up for a bit of technical rebound tonight given the falls over the last three days.

Monday, October 13, 2014

Stock Picks 14 Oct 14

UOBKH
Sino Grandness Food - tgt 95c
Triyard Holding - tgt $1.10
SIA - 4.3% upside
Rotary Engine - 13.2% upside

Daily Summary 13 Oct 14

Europe and Dow were down again on Friday.  Dow's trend is down. Dow's future is now -3. Europe opened slightly up.

Asian bourses generally weaker. Nikkei -178, ShanghaiC -9, Hangseng +55. STI closed -22 at 3202.  Volume was 1.5b shares.  Gainers were 99 to 411 losers.

Trend of STI is down.

Top volumes were TopGlobal unchanged, IHC unchanged, APAC +0.1, Blumont -0.1, Mirach unchanged, Noble +1, Genting -0.5, GoldenAgri -0.5, CompactMetal -0.2, Vallianz -0.4.

Market opened slightly down but fell further through the day. It closed off its day low but still -22.  Blue chips were mostly red, so were the rest of the market. It is like the usual October weakness.

Europe is looking up at the moment. Dow's future is marginally down. Would there be a technical rebound tonight?

Sunday, October 12, 2014

Stock Picks 13 Oct 14

DBSV
Capitamall Trust - tgt $2.12
Fraser's Centrepoint Trust - tgt $2.04
Fraser's Commercial Trust $1.42
Cache Logistic $1.37
Mapletree Greater Commercial Trust - tgt $1.04
CDL Hosppitality Trust -tgt $1.08
SembCorp Marine - tgt $4.82
Yoma - tgt - 88c

OCBC
Wheelock $2.38
SembCorp Marine $4.18
Yoma - tgt 82c

Friday, October 10, 2014

Daily Summary 10 Oct 14

Dow and Europe fell sharply again last night. Dow - 335 at 16659.  Short term trend of Dow is down again. Dow's future is now -21.  Europe opened down. The reason for Dow's sharp fall was slowing down in European economies which is really bullshit.

Asian bourses were mostly down.  Nikkei -178, ShanghaiC -15, Hangseng -446.  STI closed -30 at 3230.  Volume was 1.4b shares.  Gainers were 110 to 374 losers.

Trend of STI is down again.

Top volumes were IHC -0.5, Noble -2.5, APAC unchanged, MirachEnergy -0.1, MDR unchanged, GoldenAgri -0.5, Genting -1.5, TopGlobal unchanged, InnoPac -0.2, Xpress unchanged.

STI opened down and stayed down the whole day. It closed at day low.  It was a sea of red. Most blue chips were down.  Penny and speculatives were also mostly down.

Europe opened weak but Dow is looking steady.

Thursday, October 9, 2014

Stock Picks 10 Oct 14

UOBKH
Silverlake Axis - 16.5% upside
ValueMax Group - 12.3% upside
Mapletree Greater China Commercial Trust - 9.2% upside

OCBC
Starhill Global Reit - tgt 90c
Suntec Reit - tgt $1.16
OUE Commericial Reit - tgt 88c

Daily Summary 9 Oct 14

Europe were down but Dow had a strong rebound in the afternoon session. Dow closed +275 at 16994. Dow's short term trend is kicking back up. Dow's future is now +35. Europe opened up.

Asian bourses were mostly up but Nikkei -117. ShanghaiC +7, Hangseng +271. STI closed +33 at 3259. Volume was 1.4b shares. Gainers were 234 to 200 losers.

Short term trend of STI is also starting to turn up.

Top volumes were Mirach +0.6, APAC unchanged, IHC +0.5, Noble +1, EcoWise +0.5, BengKuang unchanged, OLS +0.1, Genting +2.5, ThaiBev unchanged, SingTel +6.

STI gapped up on opening following Dow's rebound. It continued to gain strength to close near day high. Blue chips rebounded. Penny and speculatives were slightly firmer.

Dow's future and Europe are firm at the moment.

Wednesday, October 8, 2014

Stock Picks 9 Oct 14

DBSV
Mapletree $1.53
Ascendas Reit - tgt $2.51
Mapletree Log Trust - tgt $1.25

UOBKH
Semb Marine - 6.1% upside
QT Vascular - 25.9% upside
Wee Hur - 23.3% upside
Hongkong Land - 12.4% upside

Daily Summary 8 Oct 14

Europe and Dow were sharply down last night. Dow -273 to closed at 16719. Dow's short term trend is going down. Dow's future is now -3. Europe opened down.

Asian bourses were mostly down. Nikkei -188, ShanghaiC +19, Hangseng -159. STI -15 at 3229. Volume was 1.4b shares. Gainers were 146 to 282 losers.

Trend of STI is down.

With Europe and Dow all down, STI opened down and stayed down for the whole day though the fall was small. Blue chips were mostly down though. Speculatives and penny stocks were also weaker. Volume was a miserable 1.4b shares.

Europe are down at the moment while Dow's future is flat and may pull back some of yesterday's losses.

Tuesday, October 7, 2014

Stock Picks 8 Oct 14

DBSV
Vard Holding - tgt $1.10
Keppel Corp - tgt $12.60

OCBC
Semb Marine - tgt $4.18

Daily Summary 7 Oct 14

Europe were marginally up yesterday while Dow closed -18 at 16992.  Dow's
short term trend is turning up. Dow's future is -54 at this moment. Europe
opened down.

Asian bourses were mixed.  Nikkei -107, ShanghaiC +6, Hangseng +107.  STI
closed -6 at 3247. Volume was 1.6b shares.  Gainers were 162 to 267 losers.


Trend of STI is slipping down.

Top volumes were CompactMetal +0.2, Xpress +0.1, APAC unchanged, IHC -0.5,
GRP +0.3, Sincap -0.7, Noble unchanged, Memstar -0.1, Genting -1, HPHTrust
unchanged.

Market opened slightly up but turned negative after half an hour of
trading. It then stayed negative at the same level for the rest of the
session. There were more losers than gainers among blue chips. Penny and
speculatives were also weaker.

Europe are looking pretty weak at the moment.  Dow's future is also down.

Monday, October 6, 2014

Stock Picks 7 Oct 14

UOBKH

Genting - tgt $1.32
Kris Energy - 21.7% upside
Triyards - 21% upside
Sembcorp Marine - 7.2% upside
Addvalue Tech - 26.6% upside

Friday, October 3, 2014

Europe fell sharply last night. Dow was also down but recovered from its low to close +4 at 16801.  Dow's trend is down.  Dow's future at the moment is +67.  Europe opened mixed but Dax is down nearly 200 pts.

Asian bourses mostly closed positve. Hangseng rebounded after opening down to close +132.  ShanghaiC +6 and Nikkei +47.  STI closed +26 at 3255.  Volume was a low 1.4b shares.  Gainers were 254 to 185 losers.

Trend of STI is down.

Top volumes were IHC unchanged, Genting +1.5, APAC +0.1, Jaya +0.3, Blumont +0.1, Sitra unchanged, Noble +2.5, Sincap _0.3, Digiland unchanged, Armarda unchanged.

Market opened down but recovered to stay slightly positive in late morning. After lunch it continued to climb higher to close at day high following a rebound in Hangseng.  Blue chips were mostly up. Penny and speculatives were also slightly better.

Europe are mixed at the moment while Dow's future is up at the moment.

Thursday, October 2, 2014

Stock Picks 3 Oct 14

DBSV
Ascendas Reit - tgt $2.51
China Merchants - tgt $1.32
Venture - tgt $8.80

UOBKH
Triyard - tgt $1.10
Riverstone - 17.5% upside
Forterra Trust - 16.3% upside
Oxley Holding - 22.8% upside
Geo Energy - 27.4% upside

OCBC
Mapletree Greater China Com Trust - 18% upside

Daily Summary 2 Sep 14

Sharp falls in Dow and Europe last night. Dow -238 closing at 16805.  Dow's trend is down and looking bad. Dow's future is now -33.  Europe opened down.

Asian bourses were mostly down. Nikkei -420, Shanghai and Hongkong still closed for holiday.  STI closed -36 at 3229.  Volume was 1.7b shares.  Gainers were 149 to 281 losers.

Trend of STI is down.

Top volumes were TopGlobal +0.1, IHC unchanged, APAC -0.1, MetalComponent +1.1, JES -0.5, Sitra +0.5, Noble -0.5, CompactMetal +0.3, Sincap +0.1, Genting -2.

Market opened down and slided down through the session to close at day low. Blue chips were mostly down. Penny stocks and speculatives too were mostly down. The closure of Hongkong and the uncertainties were not helpful to the market.

Europe is pretty weak at the moment while Dow's future is slightly down.

Wednesday, October 1, 2014

Daily Summary 1 Oct 14

Europe closed mixed last night while Dow was -26 at 17043. Dow's falling trend appears to be levelling at this stage.  Dow's future is now -3.  Europe opened relatively flat.

Asian bourses were mixed. Nikkei -91. Shanghai and Hongkong were closed. STI closed -10 at 3265.  Volume hit another record low of 1.1b shares. Gainers were 193 to 211 losers.

Trend of STI is still slipping down.

Top volumes were Mirach +0.1, APAC +0.1, IC unchanged, Charisma -0.1, ThaiBev -1, Noble -1, ChinaFibretech +0.5, Genting -2.5, Yuuzoo +4, GoldenAgri +1.

Another listless trading session. Market opened slightly down and stayed that way through the whole session. Volume hit another new low for lack of interest in the market.  Blue chips were mostly down. Penny and speculatives were mixed.

Europe and Dow are looking flat at this moment.

Tuesday, September 30, 2014

Daily Summary 30 Sep 14

Dow and Europe were slightly down last night. Dow -42 at 17071.  Short term trend of Dow is looking down.  Dow's future is now +24.  Europe opened up.

Asian bourses were mixed. Hangseng continued to fall and closed -296.  Nikkei -137, ShanghaiC +6.  STI closed-17 at 3272.  Volume was 1.9b shares.  Gainers were 172 to 288 losers.

Trend of STI is down.

Market opened down and slipped down further. It recovered some grounds after lunch and closed off its day low.  Blue chips were mostly down.  Penny and speculatives were also weaker, weighed down by Hongkong.

Europe and Dow are looking steady at the moment.

Monday, September 29, 2014

Stock Picks 30 Sep 14

DBSV
Nam Cheong - tgt 52c

UOBKH
Rotary Eng - 10.2% upside
Sunvic Chemical - 13.7% upside
ComfortDelgro - 14% upside
Ezra - 8.9% upside

OCBC
ComfortDelgro - tgt $2.92

Daily Summary 29 Sep 14

Europe were mixed on Friday while Dow +167 to close at 17113.  Dow's short term downtrend is holding after the gain.  Dow's future is now -67.  Europe opened flat.

Asian bourses were mixed but Hangseng fell sharply due to the public protest. Hangseng -449.  Nikkei +81 and ShanghaiC +10.  STI closed -8 at 3284.  Volume was another low of 1.2b shares.  Gainers were 187 to 216 losers.

Trend of STI is sliding down gently.

Top volumes were Mirach +1, IHC unchanged, NextGenSat unchanged, APAC +0.1, TuanSing +2, Sunvic +2, SingaporeeDev unchanged, Charisma -0.2, Vibrant -0.1, Blumont unchanged.

STI opened flat and stayed flat for the whole day. It fell slightly in the last half hour to close -8. However after matching it recovered and closed at -2.  Blue chips were generally firmer. Market was not badly affected by Hongkong but cautious.

Europe are looking steady at the moment while Dow is a bit down.

Stock Picks 29 Sep 14

OCBC
OUE - tgt $2.69
Nam Cheong - tgt 55c

Friday, September 26, 2014

Daily Summary 26 Sep 14

Europe and Dow were sharply down last night.  Dow -264 closing at 16946.  Dow's short term trend has turned down. Dow's future is now +85.  Europe opened mixed.

Asian bourses closed slightly weaker.  Nikkei -144, ShanghaiC +3, Hangseng -90.  STI closed flat at 3291, +1.  Volume was a record low of 1.3b shares. Gainers were 171 to 268 losers.
 
Trend of STI is slipping down a bit.

Top volumes wer Xpress +0.1, IHC unchanged, APAC unchanged, OLS unchanged, LH +0.1, Mirach unchanged, Oceanus unchanged, SIIC -0.3, Blumont unchanged, ThaiBev  -0.5.

With the sharp fall in Dow STI opened down 14. It started to recover and by late afternoon was nearly flat. It stayed flat for the rest of the day and closed barely positive. Volume was a miserable 1.3b shares.  Blue chips were mostly weaker but off their lows. Penny and speculatives were generally weaker as well.

Europe and Dow are steady at the moment and may recover some of yesterday's losses.