opy
76.5 K

Weekend Chart Update

- 2019 June 30

Well, now that the 2 kids started talking again I guess we should see some chionging in tech, finance stocks. REITs chionged like there is no tomorrow should take a break now.

Drop by share your view.

Have a great week ahead, cheers!


SG Stocks
$AEM(AWX.SI) - she went back above that blue line, great... now let's watch that red closely.


$Hi-P(H17.SI) - she's still looking great, should give a good swing.


$Sunningdale Tech(BHQ.SI) - she recovered above 1.25 testing thick black.


$UMS(558.SI) - she did 665 but can't break it, will she try again?


$Valuetronics(BN2.SI) - she did well breaking that thick black.


$Venture(V03.SI) - a good 3 dollars swing in short 2 weeks, should see more now that the 2 are talking again.


$AIMSAMP Cap Reit(O5RU.SI) - a clear breakout finally, should see 1.5 next. 


$Ascendas Reit(A17U.SI) - she is flying again. like there is no tomorrow. Heading to 3.23 but surely she will need a break?


$Ascott Reit(A68U.SI) - almost vertical. time for a break before 1.35. golden time for REITs indeed.


$ESR-REIT(J91U.SI) - false breakout, now relying on thick black. hope is in the air.


$First Reit(AW9U.SI) - continue recovering well. 1.05 will be tough test.


$Frasers L&I Tr(BUOU.SI) - back tested 1.18, volume arrives. time to fly. 1.35, dare to dream.


$Keppel DC Reit(AJBU.SI) - one monster. but she has completed her mission. don't think she will further north before a good break.


$Mapletree Ind Tr(ME8U.SI) - broke 2.18 at ease. 2.32 next but hope pull back around 2.15 first please.


$APAC Realty(CLN.SI) - short term bounce done, next 60.


$Chip Eng Seng(C29.SI) - 1 line up as expected, now thick black then next red line.


$Frasers Property(TQ5.SI) - yes, green lines my targets.


$PropNex(OYY.SI) - finally, thick black appears.


$DBS(D05.SI) - 22ish never come, closer to 27ish now.


$Genting Sing(G13.SI) - i see a double bottom and inverted H&S. as real as it gets. got chance for 1.1.


$Keppel Corp(BN4.SI) - short term cycle completed. still looking good but might pull back a bit first.


$Japfa(UD2.SI) - jap fans, your chance is here. remember to run if closed below that blue. else, sky is the limit?


$HRnetGroup(CHZ.SI) - there is enough to be made IF she don't break that bottom red.


MY Stocks
$GENM(4715.MY) - looking great to me, thick black next.


$MAYBANK(1155.MY) - approching last line of defense.


$SCIENTX(4731.MY) - boxed her for now, see where she's heading.


US Stocks

 $AMAT - reaching interesting point, quick gap to close.



 $CTL - base found, recovering takes time but started.



 $ENDP - attempting to form base? hmm.



 $MU - time for a quick break.



 $BHC - 3 to 6 dollars swing trade, anyone?


 $TLRY - based formed, finding her way back.



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91 comments
opy

SemiC counters getting interesting today, out of the blues ;-)

opy

UMS looking interesting, critical point north or south ;-) I added bit bit... itchy lar.

opy

First touched 108
Frasers dip

Thunderbuddy

Sir, you vested in micron?

Do you think this will give it a boost?
https://www.cnbc.com/2019/07/08/japan-sout...

opy

Singtel is giving me a headache now... what do i do if she gets near 3.75 before xD? I see potential for 3.95 but it will not be in a straight line... Any Singtel buddy here? Cheers.

opy

MINT broke 2.32, might stretch to 1.36... hard to imagine beyond
FLT broke 1.27, looking at 1.35
First broke 1.05, looking at 1.08, 1.14
madness ...

LFO

Reply to @opy : Half thinking to add yesterday or not.

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aero73

AEM keep dropping sia....
Hahaaaaa

aero73

Reply to @LFO : Hahaaa....
Don't follow me ma...
I always pay tuition fee...
Get pain later follow me...
Hahaaaa

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opy

targets met for mint, where is my pull back?

LFO

MiT 2.30 huat ah🤑🤑🤑

opy

banks impacted by the "digibank" news?

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Recommended & Related Posts

opy started a poll
127 K

Rise Of REITs 

1H19 is pure madness for REITs. I am one of those that missed the boat. Though I am still holding counters such as $ESR-REIT(J91U.SI), $Frasers L&I Tr(BUOU.SI), $AIMSAMP Cap Reit(O5RU.SI), $First Reit(AW9U.SI) and $Mapletree Ind Tr(ME8U.SI). Wish I have not exited on $Ascendas Reit(A17U.SI), $Keppel DC Reit(AJBU.SI), and $CapitaR China Tr(AU8U.SI). Well, life goes on. 

They're flying like no tomorrow... A quick look shows my favorites have on average gone over 24% between 02 Jan and 05 July this year.

TA wise, most done their cycles. I see little upside in the short term. Only $ParkwayLife Reit(C2PU.SI), I saw a Bull Flag pointing at 3.3 next. That's another 10%. Imagine what will be the yield like? Crazy is the only word I have. 

I downloaded a list of 747 counters in SG. Noted some data field are empty. And I am unsure how they calculated the yield e.g. TTM or based on 2018 exclude special etc. Yield for counters less than 12 months likely included only actual dividend to date.

Started playing with the data available. Filtered off counters less than 300m in Market Cap, less than 3% Yield, with negative Net Profit/ROE, and D/E more than 200%. With few exceptions here and there. 

Searching for REITs over 6% yield but found very few options. Of the SGD counters, I have First and ESR. Not really keen to add any of these at current price level.


Next for REITs with 4-6% yield, I noticed my favorites are quickly going down the list. Ascendas at 4.32, $Mapletree Log T(M44U.SI) at 4.36, and Mapletree Ind 4.41. My choices are very limited again. Eyeing on Frasers L&T and may be $Frasers Com Tr(ND8U.SI)


Looking further down to REITs below 4%. I can see my hope fading away... Keppel DC, $CapitaMall Trust(C38U.SI), $Mapletree Com Tr(N2IU.SI), $Frasers Cpt Tr(J69U.SI), and ParkwayLife. Btw, I think $Sasseur Reit(CRPU.SI) will move up the list when full year dividend is available. 


It is not very encouraging when I am trying to build my portfolio around solid high yield counters. 

I turned to non REITs counters. Found few interesting ones with over 4% yield now like $DBS(D05.SI), $Frasers Property(TQ5.SI), $SingTel(Z74.SI), and $VICOM(V01.SI) among others.


More choices if I am willing to go below 4% yield. Counters such as $ComfortDelGro(C52.SI), $OCBC Bank(O39.SI), $UOB(U11.SI), $Jardine C&C(C07.SI), $SIA(C6L.SI), and $Sheng Siong(OV8.SI)


Many questions in my head. Should I:

- Start to accumulate anyway? 
- Wait for the long waited mega crash? 
- Buy other solid Blues with similar yield while continue to wait? 
- Trade for now while waiting for solid REITs to return? 
- Sit back relax eat popcorn watch show first? 

The biggest challenge and most interesting part of investment to me is - there is no one approach that fits all. I will have to continue explore and figure it out. What works best for my situation.

A long story on what's in my head trying to figure things out for myself. A mediocre as I am, my investment journey continues and as my snail-slow learning.

Do share your wisdoms generously, how you do your thinking? 

Readers and contributors to this post, wish you a very Huat 2H19. Cheers. 

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1. Start to accumulate anyway
18 votes
2. Wait for the long waited mega crash
17 votes
3. Buy other solid Blues with similar yield while continue to wait
51 votes
4. Trade for now while waiting for solid REITs to return
6 votes
5. Sit back relax eat popcorn watch show first
59 votes
151 votes
12 days left to vote
opy
7.76 K

Ladies and Gentleman !!

I present to you ... the Mighty ... Green Shoots

Hee... ;-)

$AEM(AWX.SI)

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opy
13.8 K

Weekend Chart Update

- 2019 July 13
REITs edition - earnings near, I prefer to enter after results and likely after xD. Meantime, charts...

Also exited $AMAT (+7.7%), $MU (+13.7%), $BHC (+7%), and $TLRY (-7.4%). No time to manage and getting uncomfortable with markets.

Wish all have a great weekend, spend quality time with family. Be healthy, and be happy with what you do. Cheers.

Btw, my wish for price levels ;-) 



Notes: Blue - trend lines; Green - possible upside, resistance; Red - possible support.

REITS

$AIMSAMP Cap Reit(O5RU.SI) - at resistance now. hard to imagine beyond 1.53.


$Ascendas Reit(A17U.SI) - a giant monster. breached the peak in 2007 siah. looks like buying continues.


$CapitaMall Trust(C38U.SI) - nearly vertical, surely can't go on much further.


$CapitaR China Tr(AU8U.SI) - more upside possible but she needs to break that over 6-years old Blue resistance.


$ESR-REIT(J91U.SI) - holding well, making way back. Thick Black a challenge.


$First Reit(AW9U.SI) - she conquered 1.05 and continue recovery. takes time but looks promising.


$Frasers Cpt Tr(J69U.SI) - till she meets Thick Black again... 



$Frasers Com Tr(ND8U.SI) - she's looking for support, i wish for 1.5.


$Frasers L&I Tr(BUOU.SI) - looking to add around 1.18, 1.1.


$Keppel DC Reit(AJBU.SI) - i don't believe my eyes... still waiting for her return.


$Mapletree Com Tr(N2IU.SI) - she went far too far.


$Mapletree Ind Tr(ME8U.SI) - mid term cycle nearly complete, 2.38 as far as i can see. don't think she can do a "Best World".


$Mapletree Log Tr(M44U.SI) - possible for few more cents. like other Maples, mid term cycle should near completion.



$Mapletree NAC Tr(RW0U.SI) - she's got bigger waves than her 3 other sisters. but with similar cycles. mid term completed.


$Sasseur Reit(CRPU.SI) - looks like there is an invisible ceiling at 80, can you see? divvy the driver behind the recent volume?


$ParkwayLife Reit(C2PU.SI) - she got legs for 3.25 siah...



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opy
4.97 K

$Venture(V03.SI)

屋漏偏逢连夜雨

source: KET app

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opy
10.3 K

2Q19 Quick Look

I did lesser compared to 1Q as anticipated. Likely continue do lesser in 3Q too. Overall +/- around the same other than US Trades. Getting from bad to worse. Another quarter to add to my "shame list". Well, life goes on...


Trading Fund
SG -35.2% (1Q: -31.4%)
US -27.4% (1Q: -20.5%)
MY +4.9% (1Q: +4.2%) 

Sold...
$ENDP -3.3% 

Bought...
$TLRY avrg 47 (hopeful)
$MU avrg 38.7 (confident)
$AMAT avrg 42.6 (also confident)
$CTL avrg 12.5 (stubbornness)
$ENDP avrg 5.88 (stupidity)
$BHC avrg 22.18 (bit clever)
$First Reit(AW9U.SI) avrg 0.995 (divvy)
$Genting Sing(G13.SI) avrg 0.885 (surely)
$HRnetGroup(CHZ.SI) avrg 0.7 (well...)


Long term Investment bucket too very quiet. Exited Ascott and KDC, now feel silly...

Investment Fund
SRS +2.9% (1Q: +2.8%)
CPF +3.3% (1Q: +2.7%)

Sold...
$Ascott Reit(A68U.SI) +1.3% (sigh)
$Keppel DC Reit(AJBU.SI) +14.8% (sad)

Bought...
nil


2H19 should be interesting. Gathering fund for actions. Let's see what 3Q, 4Q brings.


Again, wish all IN friends do well in your trading and investment. Cheers.

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