STI Component Stocks Dividend Yield

Below are STI 30 component stocks dividend yield update.
(click to enlarge)

Long Candidate

Rebound play:

NOL
SCI
SMM
GLP
--------
Breakout/momentum play:

IHH
Jaya
OUE
TianJInUS$
Metrohldg
-----------------
Lottery Play:

AddvalTech
Blumont
Contel
Magnus

STI Selling off

STI has dropped to its four weeks range bottom at 3254, down 34points (3.52pm). The mid term uptrend line as seen in the chart already broken, if 3254 broken, more downside is expected.

Stock watch

Below stocks for potential upside move in coming week:

Asiasons
Breadtalk
Ezion
FrasercsCT
Genting sp
YZJ
Yingli
Hiap Hoe


The pennies play:

Contel
Eratat
Healthway
Nam Cheong
RafflesEdu
Statchip
Valiianz

Weekly Wrap

Major Indexes performance for the week ended Feb 22 below:

Major indexes slid in the week, only STI and DJI managed to stay just positive. Shanghai stock SSE posted biggest decline since its rebound last Dec, with 118.2points or 4.9% down, and HSI followed with 662.1 or 2.8% drop. On the concern that China government step up with new property curb.

It appears to me the drop is just a normal retracement after recent run-up for SSE, it still has over 18% up since its bottom out last Dec. It would provide us buy-on-dip opportunity.

STI, however showing resilience to the downside, it has been range trading from 3254-3320 in the past four weeks. The three banks i.e DBS, UOB and OCBC and Singtel are lifting the index from decline. STI trade beyond this range 3254-3320 would provide us clear direction in coming weeks.

USD and Gold

Gold ETF GLD dropped to its major support since Dec 2011 at around 152 this week. A break down below this level could lead further sell off on GLD.

On the other hand, the USD index is bullish recently, it closed at 81.5 last night, major resistance is the downtrend line at around 82.5.

Normally, a rising dollar would give downside pressure to stock market.

Friday Indicator

STI in the trading range of 3312-3280 in the past four days, my Friday indicator will be very tight:

61.8% :3299
50%: 3296
38.2%: 3292,

Shanghai SSE index had the biggest loss yesterday since its rebounce last Dec, lost 71pts or 3% to 2325. The immediate support is at 2290. The retracement could provide buy-on-dip opportunities.

High Dividend Yield Stock Update

(click to enlarge)

Singapore Malaysia High Speed Rail (HSR) Project

From Analyst Report:

Two leaders from Malaysia and Singapore have mutually agreed to build a high-speed rail (HSR) linking Kuala Lumpur and Singapore, targeted to be completed by 2020. The travel time between two cities will be shortened to 90 minutes, compared with about five hours by road and this alone carries significant long-term implications on the various sectors in Malaysia.

We believe the “winners” are the construction, property and gaming sectors. However, a likely “loser” is the aviation sector.

Rowsley Breakout

Rowsley has been up by more than 280% from its begining of run-up since Dec 10, 2013 till today. it appears to me this run not yet end...

Singapore Listed Food & Beverage(F&B) Stocks

Following F&N's recent settled takeover bid war, other Food and Beverage (F&B) stocks are in focus too. The S-chips ChinaMingzhong and SinoGrandness has been up by 14.22 and 9.36%(3.17pm) at 1.165 and 93.5c respectively today.

The F&B stocks:

Consciencefood
Del Monte
Etika
Food Junc
FoodEmpire
JB Food
KhongGuan
Petra
SuperGroup
THBEV
VizBranz
Yeo HS

Stockwatch

Stockwatch for coming week:

Ezion
Delong
K-reit
Liongold
Religare
RH Petrol
Yingli
Yoma
Interra

Weekly Wrap

In the week ended Feb 15, STI gained 12.8 points or 0.4%, closed at 3283.1 in only three trading days. HSI gained 229.4 at 23444.6 or 1.0%,  in only two days of trading after CNY. Shanghai stock still in holiday and will be start trading in coming week. The US three major indexes are little change after they hit multi-year high since 2007, all three indexes are near their historical high.

STI weekly is a inside-bar, which indicates indicisive/sideway, a break above or below the high or low of the bars would provide clearer direction. The immediate Support/Resistance are: 3300 and 3255.

As the US markets have already run up to their historical high, expected funds will focus on Asian market, where SSE have plenty of room to rebound, it will be positive for HSI and STI, especially the H-share and S-chips.

Long Candidates

Below stocks potential for more upside:

Biosensor
JB Food
Osim
PerennialCRT
SoundGlobal
Superbowl
THBEV
Rotary
CSE
Civmec

Guocoland Breakout

Guocoland breakout on high vol, more upside expected. It closed at 2.5 yesterday.

Major S-chips Performance

Below table is major S-chips performance. from Zaobao.

Weekly Wrap

In the week ended Feb 8, The Shanghai Index continue to be the most outperform index out of my six world major indexes monitored, with 0.6% gain, while both HSI and STI posted a losing week. Below table is the weekly major index performance:

Below summary of the first week 2013 is from SGX "My Gateway Updates", which I found it's worth reading, qiote from "My Gateway Updates":

11 February 2013


Most Active stocks into the Lunar New Year
 Ahead of the Lunar New Year, the most active 30 stocks by turnover have been diversified across 18 different industries.
 These 30 most active stocks have included 10 non-STI constituents which represent 10 different industries.
 Among the 30 most active stocks by turnover since the end of 2012, there have been 21 stocks that have generated price gains, with 9 stocks have declining in price.
In the calendar year thus far, the Straits Times Index (STI) has gained 3.0%. The broader market as represented by the FTSE ST All Share Index has gained 3.6%.
Trading activity during the period has been diversified. While the STI is made up of 30 stocks, only 19 of the STI stocks have been within the group of the 30 most active stocks by turnover. These 30 most active stocks in the year thus far have included 10 non-STI constituents.
Of the 30 most active stocks by turnover, a total of 18 industries were represented. Diversifying stock holdings over different industries and stocks is commonplace for investors who wish to spread risk and return. In the year thus far, 21 of the most active stocks by turnover have generated price gains, while 9 stocks have declined. Of the nine stocks that declined, seven were STI stocks and two were non-STI stocks.

  As this week we have only three trading days in this CNY festive season, market is expected to be quiet. STI weekly formed a bearish engulfing pattern, after it hit new multi year high since Jan 2008. Retracement is also possible.

Happy CNY, Genting Sp

Wish all traders

As for this CNY, I have only one stock to watch: Genting Sp, today it breakout +4.5c@ 1.6 (11.58am), my target is at 1.69 which is 423% fib level.

Pennies are in Play

Some are having a CNY "shopping" yesterday on pennie stocks and made big "Angbow" already. Pennies such as We hlding, which announced invest to Myanmar recently. It surged 102.4% to 0.083c. The pennies are back in focus. Below are few potentials for your "shopping cart", just make sure you to come out without burn. As these are HIGH RISK, HIGH VOLATILE stocks.

Adventus
Europtron
Federal
Magnus
Plastoform

Other than the pennies, some "more expensive" play:
Goodland
Hiap Hoe
Courtasia
SMRT
Superbowl
KSH
Nam Lee

STI in Retracement Mode

STI has dropped the most today 34 points or 1.04%@ 3262 (3.47pm) since last Oct.

It looks to me that STI retracement is triggered today, and it could be continue for at least few days ahead. Tighten up your seat.

Stock Watch

STI weekly pivot level for the week starts from 4 Feb

R3: 3337
R2: 3315
R1: 3303
PP: 3281
S1: 3269
S2: 3248
S3: 3236

Long candidates:

AscendasInd
Biosensor
Cache
CMA
DBS
Ezra
Osim
K-Green
SIA

Weekly/Monthly Wrap

STI closed this week at 3291.14, with 21.83 point or 0.7% gain. Another 9points to reach my immediate target 3300. It should be easily takeover in coming week.

For major indexes in below table, Shanghai gained the most with 5.6% up. All the rest indexes are bullish for the week. A picture says thousand words.

Jan 2013 just ended, below table shows major indexes performance the month, the champion goes to DJI with 5.8% gain, and Shanghai followed by 5.1%.

STI next major target is at 3680 for this year. Let's see if it can achieved.

DBS Breakout

DBS breaking out its major resistance 15.0, now 15.09as at 2.21pm.

Friday Indicator

Jan 2013 has just ended, with a total of 115.58 points or 3.6% gain for STI. Will the conventional January Effect unfold for the rest of the year? We will see.

It's Friday, below are my usual Friday Indicator levels for STI:

61.8%: 3279
50%: 3275
38.2%: 3272

The bias is to upside if STI closed above 50%. Support level is at 3275-3250.

Long candidates:
CMT
GLP
Genting sp
MapletreeCom
MapletreeLog
Rotary
ST Engg
Sabana