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Genting Singapore Limited - AnalysisSTOCK IN FOCUS: GENTING SING As the pandemic situation continues, tourism-related companies are greatly affected. Travel advisories, bans and even country lock-downs see a stark drop in local and tourist traffic, and revenue for the retail and hospitality sector. Genting Singapore PLC had been involved in the development, and currently operating 2 Integrated Resorts in Singapore. With noticeable absence of foot traffic, we can expect revenue to drop. A pick-up of tourism is linked to the recovery not only of healthcare aspect of the pandemic situation, but also a recovery of countries' economies. Price has melted from the descending triangle and looks to continue melting with the ongoing situation. We could see price levels reach GFC crisis levels, ranging from 0.325 to 0.470. Price YTD: down 33% (from 0.930 to 0.620) Price from end Jan'20: down 28% (from 0.865 to 0.620) Dividend yield FY'18: 5.65% Dividend yield FY'19: 5.65% I believe dividend yields will fall for FY'20 but it could be a good hold as I believe that this stock has potential to climb as tourism picks up in future, and possibly with plans to expand.
SGX:G13
by TraderMozo
DBS - AnalysisSTOCK IN FOCUS: DBS A huge meltdown in global markets has sparked risk-off sentiment throughout, and many stocks are being heavily sold-off. Be it blue-chip or penny stocks, majority are affected and are selling at a discount. DBS is a blue chip stock in the SGX, and with the recent sell-off - down around 29% (from end Jan' 20) , price could reach the $16 range ( down 38% from Jan' 20) to retouch the rising trend line. If the global rout continues, we could see price break down the rising trend line and possibly reach the indicated price levels. Otherwise, we could see a bounce after a retest of the trend line.
SGX:D05
by TraderMozo
2
CityDev - Time to Long again?Citydev broke down form a bearish H&S formation just 2 weeks ago and with the extremely bearish market sentiment this week, slammed into a support area (horizontal mid term support plus a long term trendline) and closed just above the supports. Looking to long it next week just above today's close at 8.28 with a Stop a few pips below the last low at 7.88 and then trailing my stop upwards as it heads towards an initial target of 9.20 (38% fib retracement up). Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you :)
SGX:C09Long
by Juliac
Spackman (The rise is nigh?)View On Spackman (30 Dec 2019) We are dead wrong on this counter and finally will there be a light at the end of the tunnel? It apparently so! The following is our analysis on 14 Jan 2019. I will not be typing too many words but please take a look at this counter. It is trying to break out up after a prolonged slide. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 0.02) TP1 0.038 (Already Hit, Take TP and wait again) TP2 0.049 TP3 0.063 TP4 0.075 DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Free Telegram FX/Stock analysis at your fingertip @ t.me/sonictraders Looking for a good CFD broker? Go to cmc.mk Looking for a good MT4 broker? Go to bit.ly Follow our Trading View, @ bit.ly Visit our Webby @ bit.ly Like our FB @ bit.ly Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:40E
by SonicDeejay
SembCorp Marine SGX Stock (Can Swing to 50c-70c Region) View On SembCorp Marine (12 MAR 2020) This company share price is in the free fall recently and it may continue to drop further as we do not see any bullish momentum/candle at the moment. It can swing to 50c to 70c region soon since that region is considered as a strong support. Let's see DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:5E2
by SonicDeejay
OCBC Bank - time to nibble?The banks have been selling off due to a lower interest rate environment which now gives rise to the opportunity for some short or swing trade at smaller risk levels. OCBC Bank hit into a long term trendline support as well as a med term horizontal support this morning and is now bouncing off these supports. I will be going long with a stop just below this morning's low of 9.35 and is looking to take partial profit at the gap close 10.20 or swing for higher with trailing stops. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Trade safe! Thank you.
SGX:O39Long
by Juliac
CityDev - from a Short to a Long now?CityDev suppassed the H&S target on the way down yesterday and hit just 0.15 short of a mid term Trendline support. The market is likely ripe for some rebound (after yesterday's "black for swan" event!). However with the SL just below the trendline @ 9.70, which is a little farther away then I am comfortable, I would only put in half position @ 9.00 and if I don't get stopped out I would be looking to scale out along fibo levels on the way up. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
SGX:C09Long
by Juliac
S08 - Potential breakout of descending channel - AccumulationS08 provides digital services, such as logistic services and e-commerce in Singapore and other regions. The stock has been in descending channel after the fallout of bearish 3 drives (not shown in current view). Current price is on MA50 with positive RSI. Volume trading appears to be in accumulation. Do you think this rise to $1 or pull back to $0.9? Let me know in the comments section! :) Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" u; "like" button. Thank you.
SGX:S08Long
by Smartis
2
Thomson - Potential explosion of ADAM & EVE ^_^Thomson medical - does it looks like an Adam and Eve formation? If its valid, get ready for an explosive ride up! Hold on tight =) Feel free to share your thoughts. Let me your comments in the box below. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" up; "like" button. Thank you.
SGX:A50Long
by Smartis