Singapore High Dividend Yield Stocks

"The Secret Formula" to measuring the fiscal performance of any company: Most value/Least Price, where
Value= Net profit margin +Dividend Yield
Price= Price-to-book (NTA)
Top 20 results based on SGX StockFacts data(27Jul) updated below, most are REITs.

Bullish Set up: Q&M Dental, MM2, JUMBO

How Low Can STI Drop?

STI Technical Support level Update:
Support level 1: 2522(back to Oct 2011 low)
Support level 2: 2240 (Fibonacci extention @1.61)

STI Falling Into Bear's Prey

STI closed at 2873 today. It dropped more than 20% in previous two days but managed to pull off up a bit by now. By definition, a loss of 20% over a period at least two months will be considered as bear market. Loss of 20% for STI is below 2839 level.

I decided to update on STI as to answer a reader's enquiry as well. In below weekly chart (though this week is incomplete). 

It looks to me there is no bottom yet, immediate support level to monitor will be weekly low of 2808, no signs of bullish reversal yet, further downside if broken. 2700-2600 cluster at the end of 2011 should provide major support. 

First Resources Rebounded from Major Support Level

First Resources rebounded from its major support level 1.78, formed a bullish reversal candlestick on daily chart, with high volume.

STI Trading Near Its Major Support

5/8 Wed, Stockwatch

STI formed a bullish reversal candlestick on its daily chart, accompanied with high vol and major support 3167( see my latest weekly wrap). It's expected STI will get a lift in coming days. But one thing to note the trading vol in coming days maybe thin due to public holidays on Friday and next Mon.

Stocks poised for rebound:

Biosensor
Cordlife
Singtel
Yanlord
GLP

Weekly Wrap

 For the week, Shanghai market had highest two consecutive days gain in six years. In total, SSE rebounded 5.2% reclaimed 3800 level.

HSI rebounded sharply too from its downside spike, left a huge tail candlestick.

STI lost 63 points to 3279.88 this week.

STI major resistance is at 3365, it has been consolidating in the range from 3365-3250 for more than a month already. 

 SSE formed a weekly hammer candle with a long tail,which is bullish signal. next target is 4200.

 HSI had its record biggest weekly swing of more 3425 points this week. left a huge long tail spike down. Next resistance 25000 then 26000 level.

Below chart is major indexes performance for the first half 2015, SSE up by 32.2% at end of June, where HSI gained 11.2%, STI is at bottom with loss of 1.4%.

Below chart is major indexes 2015 performance until Jul 11.

Long Candidate: Tianjin ZX USD

Tianjin ZX USD had spike down below its 200ma then rebounded strongly yesterday to formed a classic bullish reversal candles, in last two days. Expected further rebound with first target 1.32.

Shanghai and Hongkong in Heavy Sell-off

Facebook group update:

8 Jul SSE, HSI and STI update:

Both SSE and HSI were experiencing another round of heavy selling off today. Morning session just over, SSE -145 or 3.88% to 3582, it hit day low of 3421 soon after open then rebounded, just above its major support 3400 level.

HSI dropped 1049 pts or 4.2% to 23926 in morning session, it all the selling off to support 23700 level then rebounded. (Refer to chart)

STI is trading within the range, still in consolidation mode, under its major resistance 3365 level.

THe indexes look technically oversold, and due for a reobund. I will be focusing on banks, and blue chips oversolded for a quick rebound.

Stocks in focus:
-------------------------------
HK:
SSE A50 2823.HK
China minsheng bank 1988.HK
Citic Bank 998.HK
Haitong Securities 665.HK
Ping An insurance 2318.HK
------------------------------------------
SG:
Hkland
Jardine C&C below 30USD, can monitor closely for rebound. its right share is 26 USD

STI Tumbled Today

Message from my FB group "SgTraderClub" update during market hour:

STI lost ground today, break its short term support level 3435( refer to my weekly wrap)dropped 36pts to 3423 now. Major support level will be 3375-3355, if day low 3412 can not be held.

Weekly Wrap

STI hit seven year new high for the week, closed at 3472.38--its highest since Jan 2008.

HSI and Shanghai are on strong bull run. Hang Seng scored marvelously 7.9% and Shanghai added 4.4% both hit new high as well. I will continue focusing on both markets in coming weeks. The return from HSI and SSE is much lucrative as compared to our home market.

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Weekly Wrap

For the week ended 27 Mar, major indices performance:

Shanghai continue outperform the rest of markets. gained 2% for the week.
STI gained 1.1% to close at 3450, which is at resistance level, it hit 3450 for three times but could not stand above it. I think it will break up as the general trend is bullish.

Inexpensive Singapore Stocks

It maybe cheap, but if it doesn't move and can't make a good return for investors also no use.

Remembering Mr. Lee Kuan Yew

http://www.channelnewsasia.com/news/specialreports/rememberingleekuanyew?cid=cna-leekuanyew-2015

Latest HDB Resale Price

Latest HDB resale price in Singapore.

It says Singapore property only start to drop after 8 rounds of cooling measures.

Singpost Retraced to Support Level

Long candidate: Singapost
Singpost retraced to 1.98 support now, after it hit all time high of 2.16 recently.

Entry: 1.98

Stop: below 1.97
Target: 2.15

STI looks Losing Steam

Long Candidates

CapitaRchina: retraced down from 1.73 to current price 1.63, which is support level.
Entry: 1.635
Stop: below 1.62
Target: 1.705

 GLP: It bounced recently from bottom 2.41 to 2.61 then retraced down towards 2.41 again.
Entry: 2.41-2.44
Stop: below 2.4
Target: 2.61

Stock Picks for Weak Singapore Dollar

Singapore Government's surprise decision to ease monetary policy on Wednesday will benefit exporters with SGD based costs and USD earnings. List of stocks in focus: