SGX Warriors WatchBlogs:

Singapore Stock Market Updates on 26/1/12

2012-01-25T18:41:00.000-08:00

Happy new year everyone! Hope you enjoyed the long holidays.

Market is on the upbeat after the Federal Reserve said interest rates would remain low through late 2014. We mentioned before that if 2,800 is broken, it will turn support. As far as we are concerned, the market had rallied close to 300 points since low of 2600 created on Dec 20 2011. Therefore, a pause from the market now is inevitable. 2,900 still remains as the resistance for now. We expect market to consolidate at this point.

Sentiment --> Bullish

Singapore Stock Market Updates on 17/1/12

2012-01-16T17:43:00.000-08:00

Market recovers some losses after yesterday sell-off. Shares advance across Asia as Europe-inspired jitters ease. China economic data due. This week's inflation, housing and manufacturing reports are likely to show the U.S. remained on a modest upward track at the end of 2011. We expect market to consolidate at this current point before a breakthrough of 2,800.

Sentiment for now is neutral but biased on the upside.

Singapore Stock Market Updates on 13/1/12

2012-01-12T18:49:00.000-08:00

Asia stocks rise after successful European bond auctions and comments from the European Central Bank help alleviate some euro-concerns. We are still cautious with the market performance and uncertainty still clouds the market. More shares are slowly turning positive which signify market maybe turning positive. Meantime, please be nimble or stay sideline as market is currently choppy. Resistance at 2,800.

Sentiment --> Neutral (slightly bullish)

Singapore Stock Market Updates on 6/1/12

2012-01-05T22:49:00.001-08:00

Market retraced after past up sessions. We expect market to consolidate before a trend starts. At current point, we advise staying sideline as market shows great uncertainty, mainly in the Euro zone as well as good news from the US.

Sentiment --> Neutral

Singapore Stock Market Updates on 28/12/11

2011-12-27T23:30:00.000-08:00

Market trades cautiously before ending 2011. We expect volume to pick up after New Year. For conservative investors, we advise to stand on the sideline for now as market has no direction. What we are sure is that 2,700 is a strong resistance.

Sentiment --> Netrual

Singapore Stock Market Updates on 21/12/11

2011-12-20T19:25:00.000-08:00

US market rally after a solid report on November housing starts. Asia market join in, with strength for exporters and resource firms, as renewed optimism about the health of the global economy boosts risk appetite.

However, Bank of Japan says economic recovery 'paused' and keeps policy rate unchanged. We suggest investors to stay sideline for the moment as market tends to be very choppy. With great uncertainty lying ahead before 2011 ends, we believed that market is consolidating. On the long term chart, market is pointing on the downside with resistance at 2700. A break down of 2600 will mean more downside for the market to challenge 2500.

Sentiment --> Bearish

Singapore Stock Market Updates on 13/12/11

2011-12-12T21:38:00.000-08:00

Asian shares slides, with exporters and technology firms putting in a weak performance. Stocks in the US market decline after Moody's Investors Service said it would review the ratings of euro area countries.

We did mention before that market is likely to be choppy and we do expect wild swing from the US market. 2800 is a strong resistance level. As market is more biased on the downside, we see resistance level at 2750 as well.

Market gaps down and trades below 2700. If 2700 cannot be reclaim, 2700 might have already turn resistance.

Property sector, in particular, is bearish after government introduced a string of cooling measures.

Sentiment --> Neutral (biased on the downside)

Singapore Stock Market Updates On 7/12/11

2011-12-06T17:50:00.000-08:00

Asian shares rise, with optimism returning ahead of this week's crucial European meetings after a report that a second rescue fund may be available. Market tends to be choppy. Light volume is expected during last month of the year as most fund managers are off the desk.

2800 is the resistance for now. To observe whether 2800 will be broken eventually and sustainable.

For investors that have no positions currently or no time to monitor, standing sideline is the best option. For those that had positions, please execute cautious and leave the market fast when due course.

Sentiment --> Bullish

Singapore Stock Market Updates On 1/12/11

2011-11-30T18:06:00.001-08:00

Asian market join in a global rally as the central banks of the US, euro region, Canada, the UK, Japan and Switzerland agreed to cut the cost of providing dollar funding via swap arrangements, the Federal Reserve said, and agreed to make other currencies available as needed.

DJ had their best performance, soaring closing to 500 points, closing above 12,000.

For local market, STI managed to trade well above 2700, affirming that the break down of 2700 previously was a false alarm. We can expect market to trade above 2700 for now till year end but do bear in mind that market is still in downtrend for the long run. Any buying opportunity are short term and should be executed carefully and nimble.

Sentiment --> Bullish

Singapore Stock Market Updates On 25/11/11

2011-11-25T00:22:00.000-08:00

Market gapped down, with energy and banking stocks notable decliners, as ongoing concerns over Europe's debt crisis kept investor sidelined. As we are getting closer to year end, do expect that market volumes will be lower. However, with Euro crisis in the focus, we do expect market to be on the downside. Any long positions shall be traded with extra care.

Sentiment --> Bearish

Singapore Stock Market Updates On 21/11/11

2011-11-20T23:52:00.001-08:00

Asia shares lose ground on concern over Europe's debt troubles and lack of a US deficit deal. We did mention that a break through of 2750 will represent that market will head down even lower, testing 2700 support. From what we observe, market tested 2700 but bounced back. We expect market to be on the downside. Therefore, a break through of 2700 will be inevitable.

Sentiment --> Bearish

Singapore Stock Market Updates On 10/11/11

2011-11-09T18:26:00.000-08:00

Asia markets sink, as rising Italian borrowing costs wash fresh waves of anxiety about the euro-zone debt crisis over the region. Italy on the brink as bond yield tops 7%, a day after Silvio Berlusconi is effectively forced to commit to stepping down.

Singapore market gapped down and traded below 2800. Support level of 2750 and 2700 shall be viewed carefully. To sum it up, lookout for 2700 (important support)

For conservative investor, please stay sideline as market tends to be very choppy. We expect wild swings coming for the next few sessions as all eyes are looking at the development of euro crisis.

Singapore Stock Market Updates On 2/11/11

2011-11-01T23:13:00.000-07:00

Despite sell down on yesterday US market on Greece crisis, Singapore market managed to eek off gains. On short term basis, we expect market to be on the upside. However, do take note that long term basis, the market is still down but is under going a transition period of turning bullish, in other words, uncertainty still persist in the market. Expect wild swing on the up and downside.

For conservative investors, standing sideline will be the best choice for now. Any mid term positions shall be watched closely, together with the market sentiments.

Singapore Stock Market Updates On 28/10/11

2011-10-27T19:30:00.000-07:00

Market finished positive yesterday with heavy volume of 2.3244 bln traded, up 77.63 points. Market successfully broke through resistance of 2800, marching towards 2900. We do expect a brief pause before market break through 2900 again. New support at 2800 is formed. We mentioned before that market will be bullish if it manges to break through 2800. Therefore, our current sentiment is bullish.

However, please be mindful of the Euro-crisis.

Stocks that are strong --> Biosensor

Biosensor is trading near high of $1.41. A breakthrough of $1.41 will indicate strength for shares. Suggest to buy at $1.415.

Stocks that are strong --> Jardine C&C

Jardine C&C is trading near $47.50 which is a second resistance level. A break through of this level may indicate that stock will be going higher. However, please be mindful of resistance level at $50.06. (Blue Chip stock which might influence the STI index)

Singapore Stock Market Updates On 24/10/11

2011-10-23T19:42:00.000-07:00

Market gapped up to open high after strong finish last Friday on US markets. Investors cheered after European leaders said they are making good progress on a rescue plan and should be finalized at Wednesday EU summit.

We expect market to consolidate at this point, retesting resistance of 2800 again. Looking at the current sentiment, market is turning positive. High chance we might see a break through of 2800. Therefore, our current sentiment is still neutral, waiting for a possible break through of 2800.

Singapore Stock Market Updates On 11/10/11

2011-10-10T19:19:00.001-07:00

Market continues its rally, with exporters and technology firms posting notable gains. US market jumps as France and Germany pledge to do everything necessary to support Europe's banks. Market is showing signs of recovering as 2600 is seen as a good support level.

Most blue chips are turning from bearish to bullish too. However, please be cautious that transition period is choppy. We will prefer to wait for a consolidation to set in before a new rally begins. Sentiment for now neutral, biased towards bullish. Lookout for strong stocks like Singtel.

Singapore Stock Market Updates On 7/10/11

2011-10-07T00:40:00.000-07:00

Market continued its rally after US market finished off well. We believe that 2600 shall be the support for now and will expect market to go sideways from here. Sentiment shall be shifted from bearish to neutral. Please stay sideline for now.

Singapore Stock Market Updates On 23/9/11

2011-09-23T07:47:00.000-07:00

Market trimmed losses for the day to close at 2698.80, down 21.73 with a high volume of 1.6383 bln. 2700 might be the new resistance for now. Lookout for next few trading sessions for more evidences whether market have more downsides. We can expect a throwback for the next few days before a resume of a downward market.

No investment shall be made. Sentiment shall be bearish

Singapore Stock Market Updates On 21/9/11

2011-09-20T20:18:00.000-07:00

Market trades in the negative territory as investors are waiting for steps from the Fed to juice the economy. We advised to stay sideline to observe for more signs of market direction. Meanwhile, no investment for now. We are more inclined to shorting.

Singapore Stock Market Updates On 14/09/11

2011-09-13T23:59:00.001-07:00

Morning Highlights

Our Current Market Sentiment is neutral but biased towards the downside. Support is seen at 2700 with resistance at 2800, with a decrease in volume traded. This could signify that the selling pressure is less intense than in August, but we do expect market to trade sideways for now.

We remain on the sidelines…

Macro Announcements:

Wed 14/09/11: US PPI (Aug), US Retail Sales (Aug)
Thu 15/09/11: SG Retail Sales (July), US CPI (Aug), US Industrial Production (Aug), US Initial Jobless Claims
Fri 16/09/11: SG Non-oil Domestic Exports (Aug), US U. of Michigan Confidence (Sep)

Corporate Announcements:

Keppel Corp has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd.

Singapore Stock Market Updates On 9/9/11

2011-09-09T08:36:00.000-07:00

Market closed lower, off 31.80 points with a volume of 1.3374 bln traded. We believe that market is now directionless and consolidating. Low of 2680.83 now serves as a support as well as 2735.87 which is the 2nd support level. We believe that market shall retest 2680.83 again. 2 cases of scenario :

1st case : Market retests 2680.83 and manages to break through but eventually reclaim 2700 psychological support. Consolidation set in before moving up slowly.

2nd case : Market retest 2680.83 but break through successfully and 2700 turns to an immediate resistance. Market shall throw back with more selling for the next few sessions.

We deemed that there are 50% chances for both cases to happen. However, US market is now off about 2.55%. High chance that Singapore market will gap down on Monday trading. 2800 might turn out to be a resistance.

Venture, IndoAgri, Olam, SIA Engineering, SIA, SGX

The above mentioned are some of the weakest stocks seen. Current sentiment neutral, biased towards bearish.

Singapore Stock Market Updates On 6/9/11

2011-09-05T20:31:00.000-07:00

Singapore market retreats further amid worries over global economy. US investors face Tuesday with a hangover from jobs data and Europe's woes, to weigh new reports on services sector and unemployment. We advise to stand sideline for the time being to observe on the market situation now. Currently, market is choppy and do expect big swings on the up and downside. Therefore, our stand now is currently neutral for now till.

Singapore Stock Market Updates On 1/9/11

2011-08-31T22:03:00.000-07:00

Local market finished up 93.37 points yesterday with heavy volume. This may mark a good start that the selling could have subsided. Market is now at resistance 2910. We expect a pullback around this point. Once it's done, market can rally upwards further. We believe sentiment is currently neutral with slightly bullish.

Singapore Stock Market Updates On 24/8/11

2011-08-23T18:31:00.000-07:00

US market closed high amid relief that a regional business gauge wasn't as bad as a similar indicator last week. However, local market does not seem to be enjoying the good finishing. Market is currently down 3 points. Weakness still exist in market and sentiment has yet changed. We are still bearish on market.

Short term trading

Capitamall Asia enter 1.13 SL 1.215

Singapore Stock Market Updates On 15/8/11

2011-08-14T19:15:00.001-07:00

Singapore market opened positive on good finishing from overnight Dow. Do expect market to consolidation at this point. Our view for now is bearish. Therefore, we are looking out for to short potential weak stocks. Banks, property and aviation sector are currently the weak.

Singapore Stock Market Updates On 1/8/11

2011-07-31T19:32:00.000-07:00

Obama and Republicans seal deal to avert national default, raise federal debt limit, cut spending. For more information, visit http://sg.finance.yahoo.com/news/Obama-Congress-reach-a-debt-apf-4225932286.html?x=0 or www.marketwatch.com

Asian markets climb sharply after Obama says about the debt deal. Asian banks help lead the rally. Singapore market broke out 3200 but we believe that market shall pullback in the next few session before gaining its footing back to 3200 which will eventually turn to support. Next level of resistance will be at 3313.61. We believe market is upbeat.

Earning Announcement Dates

Mon 1 Aug - Cosco Corp (2Q 11)

Tues 2 Aug - Sembmarine (2Q 11), SGX (FY 11)

Thurs 4 Aug - Capitaland (2Q 11)

Thurs 11 Aug - Singtel (1Q 11) , Noble (2Q 11)

Fri 12 Aug - UOB (2Q 11) , IndoAgri (2Q 11)

Sat 13 Aug - STX OSV (2Q 11)

Short term trading

Lookout for Wilmar (lookout for shortout)

Mid term trading

Jardine C&C enter 40.70 Sl 35.40 (trail at 47) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

OCBC enter 9.80 SL 9.19 entered on 21th July 2011

UOB enter 20.14 SL 19.10 entered on 22th July 2011

UOL enter 5.12 SL 4.80 entered on 26th July 2011

DBS entered 15.25 Sl 14.54 entered on 27th July 2011

Singtel entered 3.34 SL 3.13 entered on 29th July 2011 (lookout for XD on 5th Aug)

Singapore Stock Market Updates On 28/7/11

2011-07-27T23:00:00.000-07:00

Asia market opened lower as no deal have been made regarding US debt ceiling. Boehner's plan to cut deficit and lift debt limit said to be gaining ground. HSBC may cut 10,000 jobs as part of a cost-saving efforts.

Default fears pound Street hard as investors react to the debt-debate stalemate. Market will be choppy from here. Please trade with due care.

Yesterday evening, Biosensors, the maker of drug-coated stents used to treat blocked arteries said first-net income increased 600% to US$22.6 million from a year earlier.

Another company that reported earnings last night was coalminer Straits Asia whose Q2 11 net profit came in at $39 mln, a 68% increase from its previous year's $23 mln figure.

Earning Announcement Dates

Thurs 28 July - DBS (2Q 11) , SIA (1Q 12)

Mon 1 Aug - Cosco Corp (2Q 11)

Tues 2 Aug - Sembmarine (2Q 11) , SGX (FY 11)

Thurs 4 Aug - Capitaland (2Q 11)

Fri 12 Aug - UOB (2Q 11) , IndoAgri (2Q 11)

Sat 13 Aug - STX OSV (2Q 11)

No short term trading

Mid term trading

Jardine C&C enter 40.70 SL 35.40 (trail at 47) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

OCBC enter 9.80 SL 9.19 entered on 21th July 2011

UOB enter 20.14 SL 19.10 entered on 22th July 2011

UOL enter 5.12 SL 4.80 entered on 26th July 2011

DBS enter 15.25 SL 14.54 entered on 27th July 2011

Singapore Stock Market Updates On 27/7/11

2011-07-26T20:19:00.000-07:00

Singapore market post small losses. Inflation data send Aussie dollar to post-float record. As the debt-limit stalemate and potential default concerns linger, several companies are looking to go public before Aug 2 deadline in US.

Expect choppy market upon. Please avoid any short term trading.

News highlight

MBS 2Q growth highlights slow market growth. Expect 2Q to have been seasonally higher.

Earning Announcement Dates

Wed 27 July - Biosensors (1Q 12)

Thurs 28 July - DBS (2Q 11), SIA (1Q 12)

Mon 1 Aug - Cosco Corp (2Q 11)

Tues 2 Aug - Sembmarine (2Q 11), SGX (FY 11)

Thurs 4 Aug - Capitaland (2Q 11)

Fri 12 Aug - UOB (2Q 11) , IndoAgri (2Q 11)

Sat 13 Aug - STX OSV (2Q 11)

No short term trading

Mid term trading

Jardine C&C enter 40.70 SL 35.40 (trail at 47) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

OCBC enter 9.80 SL 9.19 entered on 21th July 2011

UOB enter 20.14 SL 19.10 entered on 22th July 2011

UOL enter 5.12 SL 4.80 entered on 26th July 2011

Singapore Stock Market Updates On 26/7/11

2011-07-25T20:25:00.001-07:00

Asia market edged higher with investors remaining on edge after US President Barack Obama and House Speaker John Boehner give speeches showing little progress on a debt deal.

As debt-ceiling compromise fails to materialize, investors increasingly price in a US downgrade.

As we had mentioned previously that market is challenging new resistance at 3200, so large swing in index should not be seen as reversal of market direction. We will expect market to consolidation around this point before index continue to move higher. We take a cautious stand now and avoid all short term trading to avert whip-saw.

No short term trading

Mid term trading

Jardine C&C enter 40.70 SL 35.40 (trail at 45.40) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

OCBC enter 9.80 SL 9.19 entered on 21th July 2011

UOB enter 20.14 SL 19.10 entered on 22 th July 2011

Singapore Stock Market Updates On 25/7/11

2011-07-24T23:21:00.001-07:00

Investors sell down shares after failure to get a US debt deal over the weekend, though the drops aren't extreme, as analysts say a US ratings downgrade is a greater concern.

Market pull back after 4 up sessions. We deem this as a pullback and will wait for the pullback to be over to resume its upward momentum.

Banks break above psychological levels. The new-found optimism on last Friday has taken some key blue chip names past their psychological levels. They are UOB (above $20), DBS (above $15)

Singtel will sell certain infrastructure assets, including 7 telephone exchange buildings and its business of providing duct and manhole services to NetLink Trust for a total consideration of about $1.89 bln.

Earnings Announcement Dates

Tues 26 July - Osim (2Q 11)

Wed 27 July - Biosensors (1Q 12)

Thurs 28 July - DBS (2Q 11) , SIA (1Q 12)

Tues 2 Aug - Sembmarine (2Q 11) , SGX (FY 11)

Thurs 4 Aug - Capitaland (2Q 11)

Fri 12 Aug - UOB (2Q 11) , IndoAgri (2Q 11)

Sat 13 Aug - STX OSV (2Q 11)

No short term trading

Mid term trading

Jardine C&C enter 40.70 SL 35.40 (trail ar 44.49) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

OCBC enter 9.80 SL 9.19 entered on 21th July 2011

UOB enter 20.14 SL 19.10 entered on 22th July 2011

Check out on forum for analyst' reports and recommendations

Singapore Stock Market Updates On 22/7/11

2011-07-21T18:59:00.000-07:00

Singapore market moves higher, approaching 3200 points, all thanks to strong performance from overnight Dow. Details on aid package for Greece and positive earnings, particularly Morgan Stanley, lift stocks. Asian shares join in a global rally triggered by news of a new aid package for Greece and plans to prevent sovereign-debt contagion spreading.

President Obama and House Speaker John Boehner are said to be close to reaching a deal on raising the debt ceiling, but both sides rebut such reports and say there's no agreement yet.

Short term trading

Wilmer enter 5.80 SL 5.60 (beware)

Mid term trading

Jardine C&C enter 40.70 SL 35.40 (trail at 43.26) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

OCBC enter 9.80 SL 9.19 entered on 21th July 2011

UOB enter 20.14 SL 19.10 entered on 22th July 2011

Singapore Stock Market Updates On 21/7/11

2011-07-20T19:09:00.001-07:00

Market retreat as US market slipped on debt fears. Major indexes end slightly lower a day after the Dow industrials post their best performance since December, with investor uncertain as the debt-ceiling issue remains unresolved.

France and Germany reportedly reach an agreement over a Greek bailout package, sending the euro higher in early Asian trading.

Japanese and Korean markets move lower, though Australian stocks edge higher, with a key European meeting on the Greek debt crisis on tap.

EBay profit down, but sales rise.

Short term trading

Wilmar enter 5.80 SL 5.60

Mid term holding

Jardine C&C enter 40.70 SL 35.40 (trail at 43.26) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

OCBC to enter 9.80 SL 9.19 (drawing new)

Earnings Announcement Dates

Thur 21 July - Keppel Corp (2Q 11)

Tues 26 July - Osim (2Q 11)

Wed 27 July - Biosensors (1Q 12)

Thurs 28 July - DBS (2Q 11) , SIA (1Q 12)

Tues 2 Aug - Sembmarine (2Q 11), SGX (FY 11)

Thurs 4 Aug - Capitaland (2Q 11)

Singapore Stock Market Updates On 20/7/11

2011-07-19T20:18:00.000-07:00

Asia markets up after good finish from yesterday overnight Dow. US market was up 202 points, good earnings from company as well as signs of US debt progress. President Obama says a new plan in Congress could pave the way for bipartisan agreement. Stocks trading in Asia rise sharply, with technology stocks advancing after some strong US earnings. We can expect Singapore market to trade above 3100 in coming days. We reiterate that market shall stay positive.

Earning Announcement Dates (additional to the previous newsletter on 18th July)

Wed 27 July - Biosensors (1Q 12)

Tues 2 Aug - Sembmarine (2Q 11)

Fri 12 Aug - UOB (2Q 11)

Sat 13 Aug STX OSV (2Q 11)

2 IPOs upcoming

1) Kitchen Culture Holdings Limited (to be listed on Catalist)

Corporate Profile

The Group specialises in the sale and distribution of a wide range of premium imported kitchen systems, kitchen appliances, wardrobe systems, household furniture and accessories from Europe and USA, catering to the high end markets under the “Kitchen Culture” identity

IPO size : 17 mln

IPO price : $0.30

Manager and underwriter : Collins Stewart

Commence trading on 22th July at 9 am

2) Malacca Trust Limited (to be listed on Catalist)

Corporate Profile

The group serves both retail and institutional investors, and operates in three main businesses: consumer financing for pre-owned vehicles, asset management services and securities brokerage.

IPO size : 85 mln

IPO price : $0.22

Manager : Prime Partners

Underwriter : UOB Kay Hian

Commence trading on 26th July at 9 am

No short term trading

Jardine C&C enter 40.70 SL 35.40 (trail at 40.88) entered on 31th May 2011

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011

view forum for analysts' recommendation

Singapore Stock Market Updates On 19/7/11

2011-07-18T23:15:00.000-07:00

Shares lose ground across Asia, with banks declining in Tokyo and Hong Kong. Singapore market is more resilient compared to other markets as index sheded small losses. Markets tend to be choppy, 3000 support is very critical.

Singapore Stock Market Updates On 18/7/11

2011-07-17T19:21:00.000-07:00

Asian market holds on to small gains after US market finished in green on last friday. Deputy Prime Minister Tharman Shanmugaratnam had warned Singapore that they should prepare themselves for the impact of a sluggish global economy in the coming months. Market has no direction still so no short term trading to avoid whip-saw.

Earning Announcement Dates for Company

Wed 20 July - Keppel Land (2Q 11)

Thurs 21 July - Keppel (2Q 11)

Tues 26 July - Osim (2Q 11)

Thurs 28 July - DBS (2Q 11) , SIA (1Q 12)

Jardine C&C enter 40.70 SL 35.40 (trail at 40.88) entered on 31th May

1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July

Singapore Stock Market Updates On 15/7/11

2011-07-15T02:04:00.000-07:00

Market resumes its choppy trades after small loss from overnight market. We have been stressing a lot that market will remain choppy for this few trading period since investors are jittery about debt problems at the Euro zone, so avoid trading swing trades. Nevertheless, we spotted a few strong shares that are worth investing for mid term.

This is the second time we are highlighting on UOL

Share has been range trading since Jan 18 2011, creating a high of 5.09. 5 is the 2nd high and share has been trading in between 4.81 and 5. Higher lows are spotted and we believe a breakout shall be drawing near.

Straits Asia

Share made a high of 3.20 on 1st June 2011 and correction set in afterwards. Until 11th July 2011, share spiked up, created a high of 3.18. Share may consolidate further or breakout 3.20 in near time. Definitely worth a look .

We had mentioned about the strength of bank stocks previously, however they could not sustain the performance after the run. So, we shall leave them aside first. We are definitely shifting our focus to the mid cap shares.

Singapore Stock Market Updates On 14/7/11

2011-07-13T21:33:00.001-07:00

Though US market finished off with gains yesterday, early gains are more or less erased, to finish off up 45 points only. Asian markets are choppy for now. Local market is trading below 3100. However, good support is seen at 3000 level. We are expecting IPO listing tomorrow at 9am.

IPO details (stock to be listed in Catalist)

IPO : 800 Super Holdings Limited

Company Profile : 800 Super Holdings provides comprehensive environmental solutions to the public and private sectors in Singapore, including waste management and recycling, cleaning and conservancy, and horticulture services.

IPO price : $0.22

IPO size : 32.214 mln shares

IPO is managed by Prime Partners

No short term trading positions

Mid term positions

Jardine C&C enter 40.70 SL 35.40 (trail at 43.24)

1088 HK enter 39.05 SL 33.70 (trail at 35.60)

Singapore Stock Market Updates On 13/7/11

2011-07-12T20:29:00.000-07:00

China's gross domestic product expands at a faster-than-expected rate of 9.5% in the April-June quarter from the year-ago period. US market tank after Ireland downgrade to junk. Market will be choppy from here. Avoid trading or switch to mid to long term investing.

Singapore Stock Market Updates On 8/7/11

2011-07-07T18:35:00.000-07:00

Japanese shares open higher, as a weaken yen lifts exporter shares and current-account data come in stronger than expected. Asian shares rises as well. US stocks advanced as data show the jobs picture may be brighter than thought. A reading on consumer inflation due out at the end of the month may be a key factor in setting the direction of the Australian stock market through the rest of the year. Resources from www.marketwatch.com

No short term trading

Mid term trading

Jardine C&C enter 40.70 SL 35.40 (trail at 40.88)

1088 HK enter 39.05 SL 33.70 (trail at 35.60)

UOL to enter at 5.01 SL 4.62 (lookout for imminent breakout)

Singapore Stock Market Updates On 5/7/11

2011-07-05T00:16:00.001-07:00

Market experience pullback after 4 up days. Nomura on Tuesday cuts its view of the European telecom sector to bearish from neutral. Australia's central bank leaves its key interest rate on hold, as it downgrades its 2011 growth outlook. China's banking system will require an eventual bailout by the central government, according to some analysts. More info, visit www.marketwatch.com

More significant losses come from the bank shares, Jardine Groups with except of Jardine Strategic.

Market will be choppy from here but we stay positive on market outlook.

Singapore Stock Market Updates On 4/7/11

2011-07-03T19:40:00.000-07:00

Market continues its run to the 4th day, thanks to strong closing on Friday US market. US market will be closed for tonight. US manufacturing payrolls may begin showing steady increases as Japanese supply chains recover from March 11 earthquake. Asian stocks advance, boosted by a strong performance for Japan car makers and banks. Hong Kong stocks rise, with exporters gaining. However, Australia retail sales unexpectedly drop in May.

No short term trading

Mid term trading

Jardine C&C enter 40.70 SL 35.40 (trail at 40.66)

Stock recommendation

UOL---> Stock has been range trading since Jan 18 2011, creating a high of 5.09. Stock has been seen creating higher lows which may signify an imminent breakout and start a new trend. Good opportunity of riding higher after it manages to break through 5. Enter 5.01 SL 4.62

China Shenhua Energy (1088 HK) ---> China Shenhua is a world-leading coal-based integrated energy company. Its main business includes production and sales of coal, railway and port transportation of coal-related materials, as well as power generation and sales. Stock is on upward momentum, trading close to 31 May 2011 high of 38.75. This stock is definitely on our watch list.

Singapore Stock Market Updates On 1/7/11

2011-07-01T00:11:00.000-07:00

Asian markets advance further, thanks to good reports from overnight US markets. However, some Asia stocks weaken after China data after an official measure of mainland Chinese manufacturing activity came in below expectation.

We believe the rally we experiencing now is a turn from the bearish sentiment since June over Greece debt crisis. We focus on bank shares for now and think that they are good for investing mid term from now... A more specify entry price will be given in due course. Please stay with us closely!

Meanwhile, Jardine C&C is riding strongly with a recent last done price of $44.02. Have a good weekend ahead everyone!

Singapore Stock Market Updates On 30/6/11

2011-06-29T19:21:00.000-07:00

Shares in Asia open higher on Greek austerity passage of austerity measures, but some indexes pull back in later morning trade. Singapore market is riding higher, breaking resistance at 3100. We view it as positive development that the index shall recover from its slump since June.

Stocks to look out for the time being shall be STX OSV. Stock has broken high of 1.40 today. Good chance of continuing to create new highs.

Singapore Stock Market Updates On 22/6/11

2011-06-21T20:35:00.000-07:00

Asian shares extend their advance as investors gain confidence that Greece will avoid a default. We believe that market will be choppy from here on. Strong support at 3000. 3100 turns resistant for now. Therefore, we can expect market trading in range from 3000-3100.

We had closed our position in Straits Asia as share likely to lose momentum.

No short term positions

Mid term positions

Jardine C&C enter 40.70 SL 35.40 (trail at 38)

Singapore Stock Market Updates On 16/6/11

2011-06-15T21:12:00.000-07:00

Asia stocks slide further after steep loss from overnight US markets. Investors are worried over Greek debt as well as US economy. Investors react to fresh developments on Greece's sovereign-debt crisis and some disappointing data on the US economy. We reiterate that the market will remain choppy for now. 3100 support has been broken, the next important support is at 3000.

Crude stumbles, hurt by a spike in US dollar against euro as Greece's debt troubles reappears.

No short term trading

We will tighten our take profit level for our mid term positions.

Singapore Stock Market Updates On 8/6/11

2011-06-07T19:55:00.000-07:00

Singapore market is on downward pressure after US market finished in red. We will expect choppy market ahead but good support at 3100. Recovery "uneven" quoted by Ben Bernanke, stating from the point of view of the unemployed and the economy is going "frustratingly slow".

No short trade positions

Mid term trading

Straits Asia enter 2.95 Sl 2.43

Jardine Cycle & Carriage enter 40.70 SL 35.40

Singapore Stock Market Updates On 31/5/11

2011-05-30T20:38:00.000-07:00

Japan stocks lead Asia up after two straight sessions of losses amid signs that industrial production may improve. Hong Kong shares extend gains, spurred by gains in financial, power utility and resource stocks. US market was closed yesterday. Our market is on the positive side.

Short term trading

Metro Holdings enter 0.96 SL 0.89

Mid term holding

Straits Asia enter 2.95 SL 2.43

(there is another opportunity to enter at 3.01 if you missed this previous one)

Singapore Stock Market Updates On 27/5/11

2011-05-26T20:40:00.001-07:00

Japanese shares retreat as a stronger yen works to depress profit for exporters while Hong Kong, Seoul and Sydney manage to eke out gains. Our market is holding on gains close to 1% for the moment. One of the biggest winner is UOB which gains 30c, last done at 19.56. US markets shake off losses with the help from the technology, offsetting the disappointing reports on jobless claims and economic growth.

We believe market is still choppy for the moment but good support is seen at 3092.80.

No short term trading

Mid term trading

Straits Asia enter 2.95 SL 2.43

Singapore Stock Market Updates On 24/5/11

2011-05-23T22:55:00.000-07:00

Market is expected to be choppy for this few sessions. Despite recent volatility in oil price, some analysts remain bullish on crude. If they're correct, this will help some but not all Asian energy shares. US markets ended lower overnight on rising fears about the euro zone's debt problem, but local real estate stocks may get support from a takeover offer for Allgreen.

Property firm Allgreen may be in focus after Brookvale, a firm linked to Malaysian tycoon Robert Kuok, offered to take over the company private in a transaction that values the property firm at S$2.54 billion ($2.1 billion). Brookvale will pay S$1.60 per Allgreen share or 39 percent more than Allgreen's last traded price of $1.15 on Friday.

No short term trading

Mid term trading

Straits Asia enter 2.95 SL 2.43

Singapore Stock Market Updates On 19/05/11

2011-05-18T21:16:00.001-07:00

Morning Highlights

Singapore shares edged up after releasing of GDP data and overnight gains on Wall Street.

Prime Minister Lee Hsien Loong yesterday announced sweeping changes to his Cabinet line-up, bringing in new chiefs for 11 of the 14 ministries and promising all ministers a 'free hand' to reshape policies.

Watch Out For Today’s News:

Singapore GDP (1Q) : Singapore revised up its 2011 forecast range for GDP growth to 5% - 7% from the previous forecast of 4% - 6%, citing modest recovery in developed economies and healthy Asian growth. It said expansion in manufacturing and the financial services sector will underpin Singapore's economic growth, while downside risks include a tight labor market, as well as European sovereign debt concerns, a prolonged slowdown in industrial activities in Japan and rising oil prices.
U.S. Initial Jobless Claims, April Existing Home Sales and the April Leading Indicators

News Updates:

Hong Kong shares gained 0.25% in early trade on Thursday, with the Hang Seng Index climbing 56.46 points to 23,067.60. Cnooc Ltd. led a rally in commodity producers on Nymex oil futures' return above the $100-a-barrel level, with Chinese property and financial stocks also aided by a weakened U.S. dollar and overnight gains
Japan's GDP contracted by 0.9% during the January-March quarter, marking a 3.7% year-on-year drop, the government reported Thursday. The Japanese economy shrinks by more than expected and returns to recession with a second consecutive quarter of contraction.

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	STRL	Straits Asia Resources Ltd	2.95	2.43		3.47

Stock Prices last updated at 11:11 (Singapore Time)

Singapore Stock Market Updates On 18/5/11

2011-05-17T19:32:00.001-07:00

Tokyo stocks advance, led by banks and oil shares. Hong Kong shares edge up, led by energy. Our market follows suit, edging up a bit. Despite weak performance from the US markets, we still manage to stay on the positive side. Straits asia up 0.15 for now.

No short term trading

Lookout for mid term trading on Hong Kong Land

Mid term trading

Straits Asia enter 2.95 SL 2.43

Singapore Stock Market Updates On 12/05/11

2011-05-11T20:56:00.000-07:00

Morning Highlights

Singapore market dropped slightly with STI down 7.21 points to open at 3,167.97, after heavy selling overnight on Wall Street. Australia’s share and currency markets fall after the release of weaker jobs data raises doubts about the ongoing strength of the economy.

Singapore fund industry assets grew 13% to S$1.4t in 2010

Corporate Announcements:

Noble Group announced a first quarter net profit of US$203 million, a 76.5% increase from Q1 2010.
SingTel announced a fourth quarter (2010) net profit of $991.7 million, down 2.3% from a year earlier. The company announced a final dividend of 9 cents and special dividend of 10 cents.
Yanlord announced a first quarter net profit of RMB 422.6 million yuan, a 312% increase from the previous year.

News Updates:

Japan may cut fiscal 2011/12 tax revenue estimate
Tokyo stocks slipped on Thursday, led by declines in energy and other commodity shares after sharp overnight falls in commodities prices, but rebounding prices of silver and oil in early Asia trade and a strong performance by bellwether Toyota Motor Corp limited the losses.
Australian employment unexpectedly fell in April while the jobless rate held steady at 4.9%, pushing back the chances of a rate hike by the Reserve Bank of Australia and sending the local dollar sharply lower.

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	HKLD	Hong Kong Land	7.54	7.26		7.82
2	SIAL	Singapore Airlines Ltd	14.62	14.34		14.90	Overnight, Current Price at 14.42

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	STRL	Straits Asia Resources Ltd	2.95	2.43		3.47

Stock Prices last updated at 10:30 (Singapore Time)

Singapore Stock Market Updates On 11/05/11

2011-05-10T20:28:00.001-07:00

Morning Highlights

Singapore market climbs slightly in early trading, with STI up 11.71 points to open at 3167.97. Wall Street shares gained overnight amid dealmaking in the technology sector.

Economic News Release For Thursday 12th May:

Manufacturing Data of the U.K. and Eurozone
Bank of England Inflation Report
Australia Employment Data
U.S. April Retail Sales and PPI Data
The Monetary Policy Meetings of Bank Indonesia

Economic News Release For Friday 13th May:

U.S. CPI Data
The Monetary Policy Meetings of Bank of Korea

Corporate Announcements:

IndoFood's 90% owned Indonesian subsidiary PT Salim Ivomas Pratama will be launching an IPO in the second quarter.

News Updates:

China's headline consumer price inflation slowed to 5.3% in the year to April from 5.4% in March, the National Bureau of Statistics (NBS) said on Wednesday.
China on Tuesday pledged easier access for US companies to key sectors of its economy by removing barriers to its huge market in government contracts and offering a foothold to US mutual funds.

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	HKLD	Hong Kong Land	7.54	7.26		7.82
2	SIAL	Singapore Airlines Ltd	14.62	14.34		14.90

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	STRL	Straits Asia Resources Ltd	2.95	2.43		3.47

Stock Prices last updated at 11:26 (Singapore Time)

Singapore Stock Market Updates On 10/5/11

2011-05-09T20:24:00.001-07:00

Morning Highlights

Singapore market starts off positive, holding onto positive side. China's April trade surplus leaps to $11.4 billion. Australian budget expected to be austere.

We expect consolidation to kicks in…

Corporate Announcements:

IndoFood requested for a trading halt in an after market announcement yesterday.
Wilmar and New Britain Palm Oil Ltd, one of the largest fully integrated industrial producers of sustainable palm oil have agreed to set up an integrated supply chain and joint marketing arrangement for supplying Continental Europe with fully traceable and segregated sustainable palm oil.
Olam will invest between A$50-55 million and A$55 million to set up an almond-processing facility in Victoria, Australia to handle up to 40,000 metric tons of almond kernels.
China Minzhong announced a 3Q11 net profit of RMB261.1 million, up 92.9% year-on-year (yoy).
SembCorp Marine announced a 1Q11 net profit of $150.6 million, a 1.2% yoy increase.

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	HKLD	Hong Kong Land	7.54	7.26		7.82

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	STRL	Straits Asia Resources Ltd	2.95	2.43		3.47

Stock Prices last updated at 13:50 (Singapore Time)

In Summary

Market edged higher, with STI up 19.32 points to close at 3156.26.

News Updates:

U.S. software group Microsoft Corp. is in talks about buying Internet phone firm Skype Technologies SA in a deal that could be valued at around $8.5 billion, according to published reports.
UE posts $29.9 million Q1 net profit
Toyota Motor Corp's output will likely return to normal two or three months earlier than expected as the supply of parts is stabilising.

Watch out for economic news release tomorrow:

PRC CPI (Apr) and PRC PPI (Apr)

Singapore Stock Market Updates On 9/5/11

2011-05-08T20:34:00.000-07:00

Market rallies right on the opening and stays strong. Singapore shares climbed more than 1% Monday after the weekend elections returned the ruling People's Action Party to power with an overwhelming majority. Hong Kong shares edged up with energy stocks leading gains in most sector after strong US jobs data spurred a rebound on Wall Street Friday. Oil futures recover some lost ground, but analysts say prices could drop as low as $90 a barrel.

Short term trading

HK Land enter 7.54 SL 7.26

Mid term positions

Straits Asia enter 2.95 SL 2.43

We may see consolidation from this point before market starts to move back up.

Singapore Stock Market Updates On 5/5/2011

2011-05-04T19:42:00.000-07:00

Market has been experiencing steep pullback after the decline of oil price. This has impacted on oil&gas stock significantly. We are definitely out of KepCorp and SembCorp for now. Hong Kong falls further on commodity and fear of more tightening policy by Beijing.

No short term trading

Mid term positions

Straits Asia enter 2.95 SL 2.43

Stay on the sideline for the time being and observe the market closely.

Singapore Stock Market Updates On 28/4/2011

2011-04-27T19:39:00.000-07:00

Market continues advancing after strong finishing in the US markets. Japanese shares shrug off downnbeat data to rise, with some exporters benefitting from a weaker yen. Hong Kong and mainland Chinese shares joined a broad regional advance. US Federal Reserves keep US rates on hold and it won't start a third round of large asset purchases.

Mid term positions

Straits Asia enter 2.95 SL 2.43 (price trading near!)

DBS enter 15.26 SL 13.96

No short term positions

Singapore Stock Market Updates On 26/4/2011

2011-04-25T23:19:00.000-07:00

Morning Highlights

There Are No Short Term Trading Picks

Market experienced shallow pullback for the time being. There are some stocks going ex-date today, namely SembCorp and KepCorp.

Do note that the price depreciation of KepCorp is due to bonus issue. Bonus issue is deemed as a positive sign on the company and is seen as an alternative way of giving dividends.

According to 1:10 bonus issue on KepCorp, the share price should be trading around 11.74. The calculation will be 1/11 * 12.92 (which is the last done price yesterday). Bonus issue is shares given by the company FREE since company is not trying to raise money. If you buy 1 lot of Kepcorp at 12.56, you should be paying $12,560.

With the bonus issue, your holdings increased to 1100 with additional 100 shares given to you. So your per share price is at 11.42 (using $12,560 / 1100 shares).

At the same time, KepCorp is giving away dividend at $0.26.

For all this to materialize, you have to be sure that you are still having the shares on or after ex-date. You can choose to sell on or after ex-date since that will not affect your status of receiving the dividends and the bonus shares. However, you will not be entitled to the bonus issue and dividend if you purchase shares on and after ex-date.

Same goes to Sembcorp which is giving out $0.17.

Singapore Stock Market Updates On 25/4/2011

2011-04-24T20:37:00.000-07:00

Rally continues but be cautious as we will expect a pullback soon... So hang in there~

Short term trading

F&N enter 6.15 SL 6.54

Medium term trading

Kepcorp enter 12.56 SL 11.24 (trailing at 11.94)

Sembcorp enter 5.23 SL 4.73 (trailing at 4.89)

Singapore Stock Market Updates On 21/4/11

2011-04-20T19:36:00.000-07:00

Morning Highlights

This week is a short trading week since tomorrow is a public holiday for us. Happy Good Friday To Everyone!!

US market finished strong yesterday as boosted by strong earnings from the technology sector and a bigger-than-expected rise in existing-home sales. For more information, please visit www.marketwatch.com

Currently we are on the lookout for STRAITS ASIA.

We do expect market to pullback briefly before resuming its upward momentum. Do note that high oil prices are boosting the OIL & GAS stocks, namely Keppel Corp and Sembcorp Marine.

Watch Out For Economic News Release Today:

U.S. Leading indicators (MAR)
U.S. Initial Jobless Claims

Corporate Announcements:

Keppel Corp announced a first quarter net profit of $346 million, a 7.8% YoY increase.
UOB’s Sydney branch plans to sell A$350 million 3-year unsecured bonds due May 2014 announced a first quarter net profit of $41.4 million, a 269% YoY increase.
CapitaLand sold its entire 40% stake its TCC Capital Land Ltd to its joint venture partner TCC Land Co. for US$78.2 million.

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume. <The Quick Picks referred herein contain overnight positions from Yesterday>

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
2	FRNM	Fraser & Neave	6.34	6.15		6.54

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLM	Keppel Corp Limited	12.56	11.24	11.94	13.88	Current Price at 12.94 (Entered 04.04.11)
4	SCIL	Sembcorp Industries Ltd	5.23	4.73	4.89	5.73	Current Price at 5.51 (Entered 01.04.11)

Stock Prices last updated at 17:05(Singapore Time)

In Summary

Market finished higher, with STI up 28.93 points to close at 3194.73.

Singapore Stock Market Updates On 20/4/11

2011-04-20T01:10:00.000-07:00

Market on upbeat but still we can expect sideway movements for the time being.

Short term trading

F&N enter 6.34 SL 6.15

Medium term positions

Sembcorp enter 5.23 SL 4.73 (trail at 4.89)

Kepcorp enter 12.56 SL 11.24 (trail at 11.94)

Stocks to lookout

Straits Asia on the radar!

Singapore Stock Market Updates On 7/4/2011

2011-04-06T18:58:00.000-07:00

Strong market indeed... But anything goes up must come down. If you miss the uptrend for now, please wait for a pullback.

Short term positions

UOB enter 19.12 SL 18.84 (stock gapped up, can wait for a pullback)

SGX enter 8.53 SL 8.31

Ramba energy enter 0.625 SL 0.575

Dyna-Mac enter 0.67 SL 0.605

Mid term positions

Sembcorp enter 5.23 SL 4.73 (trail at 4.89)

Kepcorp enter 12.56 SL 11.24 (trail at 11.94)

Stock on lookout

Osim enter 1.75 SL 1.35

Singapore Stock Market Updates On 6/4/2011

2011-04-05T20:31:00.000-07:00

Market likely to take a breather before running further. Below are some picks selected for short term trading.

Short term trading opportunities

UOB enter 19.12 SL 18.82

City Development enter 11.78 SL 11.54

Ramba energy enter 0.625 SL 0.575

Mid term trading positions

Sembcorp enter 5.23 SL 4.73 (trail at 4.89)

Kepcorp enter 12.56 SL 11.24 (trail at 11.94)

Singapore Stock Market Updates On 5/4/2011

2011-04-04T19:40:00.000-07:00

"Taking a rest is to recharge oneself in order to move further". Probably that explains how the bulls have been performing as far. Market has been up for 5 consecutive days including today, thanks to good reports from the US side. Strong performance from HK also spur more money pouring into the market!

Market has found its footing at 2900 after March selldown on Japan crisis. Now, market has regained its footing at 3100. Be aware of resistance at 3232 and finally 3300.

Market is on upward momentum for now. So go with the tidal. There should be no short positions.

Singapore Stock Market Updates On 4/4/2011

2011-04-03T23:50:00.000-07:00

Market resumes its orginal uptrend after March selldown despite uncertainty in Japan crisis. We believe Japan crisis will not derail the overall economy. We can expect market to finish high by the end of 2011.

Stock with positions

Sembcorp enter 5.23 SL 4.73 (trail at 4.75)

Kepcorp enter 12.56 SL 11.24

Most stocks experience steep pullback, so we expect this stocks to go sideways for the time being. Generally, market is rather choppy. Please trade with due care~

Stocks Alert!

Take a look at Osim. Stock is approaching high of 1.74. We will like to see a breakout from there which may indicate a further price appreaction.

Singapore Stock Market Updates On 24/03/11

2011-03-24T00:29:00.001-07:00

Morning Highlights

We Have Closed All Mid-Term Positions…

STI opened flat at 3023.09. Market is directionless at the moment, and we advise to stay on the sideline.

Watch Out For Economic News Release Today:

U.S. Durable Goods Order (Feb)
U.S. Initial Jobless Claims (Mar 19)

Bearish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	OCBC	Oversea-Chinese Banking Corp	8.99	9.18		8.80
2	FRNM	Fraser & Neave	5.24	5.63		4.85

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	~~KPLD~~	~~Keppel Land~~	~~4.19~~	~~3.95~~			PROFIT- CLOSED at 4.34 (Entered 12.10.10)
2	~~IFAR~~	~~Indofood Agri Resources~~	~~2.70~~	~~2.23~~			LOSS – CLOSED at 2.26 (Entered 25.10.10)
3	~~STRL~~	~~Straits Asia Resources~~	~~2.68~~	~~2.17~~			LOSS – CLOSED at 2.51 (Entered 30.11.10)
4	~~SCMN~~	~~Sembcorp Marine~~	~~5.19~~	~~4.49~~			PROFIT- CLOSED at 5.68 (Entered 29.12.10)

Stock Prices last updated at 15:35(Singapore Time)

Afternoon Highlights

Index rose higher but session remains seesaw…

Long Term Chart – turning
Short Term Chart – show recovery from last week selldown, but volume traded is very light, hence, this might be just a throwback

News Updates:

Moody’s Investor Service said that expansion plans of S-Reits into China poses a number of business risks, particularly because of legal and regulatory environment.

Singapore Stock Market Updates On 23/03/11

2011-03-22T20:44:00.001-07:00

Morning Highlights

Singapore market opened flat at 2996.02, and rose slightly during the morning session. However, market sentiment remains weak with Japanese shares down on profit taking.

Watch Out For Economic News Release Today:

Singapore Feb CPI
U.S. Feb New Home Sales

Bearish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	OCBC	Oversea-Chinese Banking Corp	8.99	9.18		8.80
2	FRNM	Fraser & Neave	5.24	5.63		4.85

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.24 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.26 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.47 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.67 (Entered 29.12.10)

Stock Prices last updated at 11:26 (Singapore Time)

Singapore Stock Market Updates On 15/03/11

2011-03-14T21:21:00.001-07:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market extended losses, with STI down 22.85 points to open at 3,008.01. Japanese stocks plunged as fears grew over a radiation leak from a quake-damaged plant north of Tokyo. Currently Japan Nikkei down more than 12%…

Singapore’s jobless rate edges up in Q4

News Updates:

Japan PM declares radiation around Fukushima nuclear plant is 'threat to human health'; fire erupts at reactor No. 4.

Corporate Announcement:

Tiger Airways reported a 26% increase in passengers in the 12 months to February 2011.
GLP lowered their estimated damages to its total portfolio of properties in Japan as a result of the earthquake from US$47.5 million to US$38.8 million.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.14 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.12 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.35 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.36 (Entered 29.12.10)

Stock Prices last updated at 12:02 (Singapore Time)

Singapore Stock Market Updates On 14/03/11

2011-03-13T23:07:00.001-07:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market eased slightly with STI down 12.33 points to open at 3031.16.

Straits Asia up on Japan coal demand hopes

On the other hand, in reaction to last Friday’s disasters, Japanese stocks plunge dramatically and on fears of that nuclear radiation could compound the tragedy.

Watch Out For Economic News Release This Week

Tue 15 Mar: Singapore Jan Retails Sales, U.S. FOMC Rates Decision
Wed 16 Mar: U.S. Feb Housing Starts, U.S. Feb Producer Price Index
Thu 17 Mar: Singapore Feb Non-oil Domestic Exports, U.S. Feb Consumer Price Index and U.S Initial Jobless Claims

News Updates:

Bank of Japan pumps US$147 billion into the financial system to help shore up markets following the nation's worst-ever earthquake last week.
China needs to find the right balance between boosting employment and cooling inflation, Chinese Premier Wen Jiabao said on Monday at the end of the country's national parliament.
Chinese money growth slowed sharply in February after banks issued fewer loans than expected, signalling that the government was making headway in its battle to rein in inflation.
U.S. retail sales excluding autos, gasoline and building materials, which are the figures used to calculate GDP, increased 0.6% for a second month in January.
Asian firms from semiconductor makers to shipbuilders faced the risk of disruptions to their operations after the earthquake and tsunami in Japan destroyed vital infrastructure and knocked out factories producing everything from high tech components to steel.

Corporate Announcement:

Swiber secured a contract from an international major oil company in South East Asia worth approximately US$34 million.
Keppel Corp's Keppel shipyard has secured two contracts worth $170 million for two fast-track projects.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.28 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.17 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.38 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.57 (Entered 29.12.10)

Stock Prices last updated at 11:38 (Singapore Time)

Singapore Stock Market Updates On 11/03/11

2011-03-10T20:17:00.001-08:00

Morning Highlights

Singapore stocks fell in opening trades, with STI down 22.37 points to open at 3053.07. Other Asian stock markets were also weaker as signs of growing political instability in the Middle East and North Africa fueled fears of a spike in oil prices that would undermine global economic growth.

News Updates:

Dow Jones Industrial Average finished with its biggest point and percentage drop since Aug. 11 as it shed 228.48 points, or 1.87%, to 11984.61.
U.S. imports jumped 5.2%, the most since 1993, while exports grew 2.7%.
U.S initial claims for unemployment benefits unexpectedly rose for the week ended March 5.
China February Consumer Price Index (CPI) rises 4.9% on-year and February Producer Price Index (PPI) rises 7.2% on-year.

Corporate Announcement:

Swiber secured a contract from an international major oil company in South East Asia worth approximately US$34 million.
Keppel Corp's Keppel shipyard has secured two contracts worth $170 million for two fast-track projects.

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	SCMN	Sembcorp Marine	5.91	5.71		6.11

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.31 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.21 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.33 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.69 (Entered 29.12.10)

Stock Prices last updated at 12:02 (Singapore Time)

Singapore Stock Market Updates On 10/03/11

2011-03-09T19:44:00.001-08:00

Morning Highlights

Singapore stocks eased after minutes of opening trades on US overnight drop...

News Updates:

China ran a trade deficit of US$7.3 billion in February, as the Lunar New Year holiday sharply slowed activity in its export factories, the customs agency said on Thursday.
Japan Q4 GDP revised down, wholesale prices up.

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	SCMN	Sembcorp Marine	5.91	5.71		6.11

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.36 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.30 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.37 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.68 (Entered 29.12.10)

Stock Prices last updated at 11:39 (Singapore Time)

Singapore Stock Market Updates On 09/03/11

2011-03-08T23:22:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market up slightly after a retreat in oil prices,, with STI opened at 3110.54.

News Updates:

Singapore's inflation rate could hit 4% this year, the highest level since 2008 and at the upper end of an official forecast range of 3%-4%, according to a Monetary Authority of Singapore survey.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.34 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.35 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.43 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.75 (Entered 29.12.10)

Stock Prices last updated at 15:16 (Singapore Time)

Afternoon Highlights

Stocks lowered in afternoon session…

News Updates:

Seoul shares slashed earlier gains to edge up 0.3%, weighed by falls in technology plays as sectoral earnings worries deepened and with energy price and inflation concerns keeping investors on edge...
China will spend $1.3 trillion yuan ($197 billion) to construct about 10 million affordable apartments in 2011, Vice Minister of Housing and Urban-Rural Development Qi Ji told state media Wednesday.

Singapore Stock Market Updates On 08/03/11

2011-03-07T17:56:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market started on a flat note, with STI opened at 3063.58.

Watch Out For Economic News This Week:

Today 08/03/11: U.S IBD/TIPP Economic Optimism (Mar)
Thur 10/03/11: China Trade Balance (Feb), U.S Trade Balance (Jan)
Fri 11/03/11: China PPI & CPI (Feb), U.S Advance Retail Sales (Feb)

News Updates:

The Institute for Supply Management's index of non- manufacturing businesses increased to 59.7 from 59.4 in January.
European Central Bank holds rate at 1.00%, and said an interest-rate increase may be needed to fight inflation.

Corporate Announcements:

NOL announced its operating performance for Period 1, 2011, for which container volumes rose 5% versus a year ago.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.24 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.37 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.48 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.70 (Entered 29.12.10)

Stock Prices last updated at 09:48 (Singapore Time)

Singapore Stock Market Updates On 04/03/11

2011-03-03T17:46:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore shares rose following a rally on Wall Street overnight boosted by a better-than-expected U.S. jobless claims report. STI up 29.77 points to open at 3068.12.

Oil prices has also retreated amid hopes that the Libyan crisis could be resolved.

News Updates:

The Institute for Supply Management's index of non- manufacturing businesses increased to 59.7 from 59.4 in January.
European Central Bank holds rate at 1.00%, and said an interest-rate increase may be needed to fight inflation.

Corporate Announcements:

Noble plans to sell 306.5mn shares at S$2.07 to raise about S$625 million.
Cosco signed an agreement to delay the disposal of Costar Shipping Pte Ltd and Coslink Sdn Bhd by four months.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.26 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.38 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.45 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.49 (Entered 29.12.10)

Stock Prices last updated at 09:33 (Singapore Time)

Singapore Stock Market Updates On 02/03/11

2011-03-01T18:24:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market fell in opening trades after a dip on Wall Street. STI down 26.68 points to open at 3040.92.

SingTel yesterday announced that it will continue to be the title sponsor for September's F1 race for two more years in 2011 and 2012.
Watch out for Japan Monetary Base (YoY) and Australia GDP (YoY)

News Updates:

South Korea Feb input price PMI at 2-year high.
Oil for April delivery rallied 2.7% to settle at $99.63 a barrel, the highest since Sept. 30, 2008.
Federal Reserve Chairman Ben S. Bernanke said the increase in oil and other commodity prices probably won't cause a permanent increase in broader inflation, suggesting the central bank will continue its stimulus efforts

Corporate Announcements:

Cosco won an order worth $130 million from Seadrill Ltd. to build two units of self-erecting tender drilling rigs.
Ezra completed its acquisition of Aker Marine Contractors (AMC) and won a US$41 million contract from Norway's Statoil.
Yanlord reported 30% year-on-year increase in FY10 net profit to RMB1.9 billion.
Swiber reported 7.4% year-on-year increase in FY10 net profit to US$37.3 million.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.31 (Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.36 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.38 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.38 (Entered 29.12.10)

Stock Prices last updated at 09:52 (Singapore Time)

Singapore Stock Market Updates On 01/03/11

2011-02-28T17:54:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market rise on overnight Wall Street’s gains. STI up 17.16 points to open at 3027.67.

Japan will be release Household Spending (YoY) and Jobless Rate.
South Korea Market is closed for Holiday

News Updates:

Pending U.S. home sales eased in January for the second consecutive month; dropped 2.8%, putting the Pending Home Sales Index at 88.9.
China February Official PMI fell to 52.2

Corporate Announcements:

OUE reported FY10 net profit of $777.2mn compared to FY09 net loss of $93.4 million.
Noble reported 8.9% year-on-year increase in FY10 net profit to US$605.6 million.
Osim received approval in-principle from the SGX-ST for the listing and quotation of 42.5 million shares for its TDR listing.
Tiger Airways announced that RyanThai Ltd will invest in a 10% stake in Tiger's joint venture with Thai Airways.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.27(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.36 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.38 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.41 (Entered 29.12.10)

Stock Prices last updated at 09:37 (Singapore Time)

Singapore Stock Market Updates On 28/02/11

2011-02-27T17:42:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore shares fell in opening trade on worries that Libya's turmoil may spread to other Middle Eastern countries. STI dropped 21.41 points to open at 3003.75

Ying Li Q4 profit jumps 4X...

Watch Out For Economic News Release This Week:

Monday 28/02/11: U.S Feb Pending Home Sales
Tuesday 01/03/11: China Feb PMI Manufacturing & U.S. Feb ISM Manufacturing
Wednesday 02/03/11: U.S Feb ADP Employment Change
Friday 04/03/11: U.S Feb Change in Non-farm Payrolls

News Updates:

China Q1 CPI forecast at 4.5%
Japanese shares start the week on a downbeat note with large retailers under selling pressure after lower sales in January.

Corporate Announcements:

UOB reported 41.8% year-on-year increase in FY10 net profit to S$2.7 billion.
Midas reported 29.2% year-on-year increase in FY10 net profit to S$48.5 million.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.19(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.29 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.35 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.30 (Entered 29.12.10)

Stock Prices last updated at 09:11 (Singapore Time)

Singapore Stock Market Updates On 25/02/11

2011-02-24T18:36:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market opened flat but moved slightly up to positive zone...

Next, Japan advanced for the first time in four days as oil prices fell and economic reports tempered worries about turmoil in the Middle East. Hong Kong also opened up on solid earnings.

Nonetheless, we maintain at sideline till further notice.

NOL rose as much as 2.5% after saying it plans to order more vessels, a local trader said...

News Updates:

U.S. equities declined after the S&P/Case-Shiller index of home values in 20 cities fell 2.4% in December from the same month in 2009, the biggest 12-month decrease in a year.

Corporate Announcements:

Indofood Agri reported 8.2% year-on-year decline in FY10 net profit to Rp1,402 billion.
Olam's subsidiary in Congo has obtained Forest Stewardship Council certification of an additional 571k hectares of natural forest areas.
Tiger Airways plans to purchase a 32.5% stake in South East Asian Airlines for US$6 million.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.10(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.30 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.35 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.29 (Entered 29.12.10)

Stock Prices last updated at 09:38 (Singapore Time)

Singapore Stock Market Updates On 23/02/11

2011-02-22T21:38:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore shares dipped further, with STI opened at 3014.11. We will continue to stand at the sideline till further notice.

Genting Singapore fell as much as 4% to over a four-month low after it reported quarterly earnings that were slightly below expectations.
Singapore January CPI up 5.5%, fastest pace in two years, fuelling expectations that the MAS could act to dampen further price increases this year.

News Updates:

U.S. equities declined after the S&P/Case-Shiller index of home values in 20 cities fell 2.4% in December from the same month in 2009, the biggest 12-month decrease in a year.

Corporate Announcements:

Genting reported FY10 net profit of $37.7mn compared to a $277.6 million loss last year.
Cosco reported a 126% year-on-year increase in FY10 net profit to $248.8 million.
SGX and Nasdaq OMX Group will offer a suite of tools and solutions to enhance corporate activities for listed companies in Asia.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.03(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.24 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.35 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.15 (Entered 29.12.10)

Stock Prices last updated at 10:05 (Singapore Time)

Singapore Stock Market Updates On 22/02/11

2011-02-21T20:44:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market continued to be weak with STI down 27.39 points to open at 3043.21. Overall investors’ sentiment is adversely affected… In New Zealand, stocks were also pulled down by an earthquake which hit the country's second-largest city of Christchurch.

News Updates:

GOLD rallied for a sixth day surpassing $1,400 an ounce.
Oil rose to the highest since September 2008.

Corporate Announcements:

Yangzijiang reported 29% year-on-year increase in FY10 net profit to RMB2,955 million.
Straits Asia Resources reported 34% year-on-year decline in FY10 net profit to $88.2 million.
Capitaland reported 20.9% year-on-year decline in FY10 net profit to $1.27 billion.
Tiger Airways said that RyanAsia reduced its stake from 5.41% to 1.99%.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.12(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.25 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.38 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.23 (Entered 29.12.10)

Stock Prices last updated at 12:27 (Singapore Time)

Singapore Stock Market Updates On 21/02/11

2011-02-20T18:24:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore market traded lower with STI down 6.97 points to open at 3079.95. All Asian markets were also lower as Mideast unrest saps investor sentiment…

Oceanus warns of lower profit for 2010

News Updates:

Oil prices surged in Asian trade on Monday, with Brent crude passing US$103 as escalating tensions in Libya fuelled concerns over instability spreading across the oil-producing Arab states, analysts said.
European Central Bank official said the bank may need to boost interest rates as inflation pressures grow. U.S. stocks and oil advanced.
Bloomberg data show. U.S. markets will be closed for a three-day weekend for the President's Day holiday.
South Korean exports for the first 20 days of February rose 10.6% over the comparable 2010 period to reach $23.24 billion. Imports for the same period rose 7.4% from a year earlier to $24.74 billion, resulting in a trade deficit of $1.5 billion, the Korea Customs Service data showed.
The People's Bank of China announced on Friday a 50 basis point RRR rise to a record 19.5 percent. The move will freeze 360 billion yuan when it takes effect on Thursday and adds to an increasingly aggressive government effort to stamp out stubbornly high inflation.

Corporate Announcements:

OCBC reported 15% year-on-year increase in FY10 net profit to $2,253 million.
Indofood Agri's subsidiary, PT Salim Ivomas Pratama, is exploring a listing on the Indonesia Stock Exchange

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.20(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.41 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.45 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.31 (Entered 29.12.10)

Stock Prices last updated at 10:03 (Singapore Time)

Singapore Stock Market Updates On 17/02/11

2011-02-16T20:36:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore stocks traded lower, market is still weak and unstable...

News Updates:

Fed policy makers projected U.S. inflation-adjusted gross domestic product will rise 3.4% to 3.9% this year, compared with November forecasts of 3% to 3.6%.
China Jan FDI rises 23.4% to US$10 billion.
Singapore's economy could grow up to 10.1% in the first quarter, according to leading indicators from the latest BT-UniSIM Business Climate Survey.

Corporate Announcements:

NOL reported FY10 net profit of $461mn compared to a net loss of $741 million last year.
Keppel Corp secured a contract worth approximately US$380 million from Transocean to build two jackup rigs.
SGX enhanced its suite of American Depositary Receipts (ADRs) by adding 3 new companies and partnering a 2nd depositary bank.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.31(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.51 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.45 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.19 (Entered 29.12.10)

Stock Prices last updated at 10:55 (Singapore Time)

Singapore Stock Market Updates On 15/02/11

2011-02-14T19:49:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore stocks opened higher, with STI at 3110.43. However, index starts falling as many investors are cautious ahead of key inflation data from China.

News Updates:

President Barack Obama sent Congress a $3.7 trillion budget that projects the federal deficit will exceed $1 trillion for the fourth consecutive year in 2012 before falling to more "sustainable" levels by the middle of the decade. The deficit for the current fiscal year is forecast to hit a record $1.6 trillion -- 10.9% of Gross Domestic Product -- up from the $1.4 trillion the administration estimated previously. It would be $1.1 trillion in 2012, 7% of GDP. By 2015 it would decline to $607 billion, or 3.2% of GDP.
China's CPI rose 4.9% in January from a year earlier, the National Bureau of Statistics said Tuesday, adding that it had reweighted components in the index.

Corporate Announcements:

Olam reported 8.2% year-on-year decline in 2Q11 net profit to $145.8 million.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.32(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.51 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.43 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.16 (Entered 29.12.10)

Stock Prices last updated at 11:38 (Singapore Time)

Singapore Stock Market Updates On 11/02/11

2011-02-10T19:53:00.001-08:00

Morning Highlights

Singapore stocks continued to open low at 3093.29. Investors are trading cautiously as tensions remained high after Egyptian President Hosni Mubarak refused to quit despite mass protests…

News Updates:

Korea's central bank kept interest rates on hold.
China's central bank raised interest rates by 0.25 percentage point.
U.K. food prices rose at the fastest pace in 19 months in January.
Federal Reserve Chairman Ben S. Bernanke gave no indication he plans to scale back a $600 billion plan to boost the economy after two regional Fed bank presidents said rising prices are a threat.

Corporate Announcements:

DBS reported 38% year-on-year increase in 4Q10 net profit to $678 million.
Tiger Airways reported 31% increase in passengers in 12 months to January 2011.
Keppel Corp secured a contract to build two jackup rigs of about US$440 million.

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	CMAL	Capitamall Asia	2.06	1.93		2.19

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.20(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.54 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.56 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.13 (Entered 29.12.10)

Stock Prices last updated at 10:56 (Singapore Time)

Singapore Stock Market Updates On 09/02/11

2011-02-08T23:33:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore stocks are mostly lowered, with STI down 7.09 points to open at 3178.27. Other Asian markets are also adversely affected with China property shares dropping on policy-tightening fears after Beijing's rate hike late, while many major Asian energy stocks also fall. Hong Kong drop on property…

News Updates:

China raised lending and deposit rates for the third time since mid-October after growth accelerated and inflation remained above 4% for a third month.

Corporate Announcements:

SGX said that volumes achieved by its derivatives market and OTC clearing business increased in January from a year earlier.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.28(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.59 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.57 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.29 (Entered 29.12.10)

Stock Prices last updated at 14:57 (Singapore Time)

Singapore Stock Market Updates On 08/02/11

2011-02-07T17:36:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore shares dropped lower in opening trades, with STI fell 8.08 points to 3184.1. Volume traded was 124 million shares valued at $143.7 million.

On the other hand, most of the other Asian markets are mostly higher, as cheered by Wall Street’s rise. Japanese stocks advance, and Sydney’s index rise to a 10-month high.

News Updates:

Japan’s current-account surplus widens to $14.5 billion in December, up just over 30% from the same time last year, with expanding exports helping drive the growth.

Corporate Announcements:

Midas secured a contract worth RMB82mn from CNR Changchun Railway Vehicles Co., Ltd. Delivery is expected to take place in 2011
Wilmar obtained the Securities and Exchange Commission of Ghana's approval to take over Benso Oil Palm Plantation Limited.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.42(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.64 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.62 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.39 (Entered 29.12.10)

Stock Prices last updated at 09:28 (Singapore Time)

Singapore Stock Market Updates On 07/02/11

2011-02-06T18:33:00.001-08:00

Morning Highlights

There Are No Quick Picks For Today!

Singapore stocks rose slightly higher with STI up 17.29 points to open at 3228.41.

News Updates:

U.S. Unemployment Rate unexpectedly declined to 9% last month from 9.4% in December.
U.S. Employment rose by 36,000 workers, the smallest gain in four months, after a 121,000 rise in December that was larger than initially reported.
Judge orders United Fiber to pay China National Machinery & Equipment Import & Export Corporation (CMEC) US$19.7 million debt

Corporate Announcements:

SGX, Bursa Malaysia, the Philippine Stock Exchange and the Stock Exchange of Thailand said that the design study of the technology framework for the ASEAN Trading Link has been competed. Shortlisted vendors have been invited to tender.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLD	Keppel Land	4.19	3.95			Overnight, Current Price at 4.47(Entered 12.10.10)
2	IFAR	Indofood Agri Resources	2.70	2.23			Overnight, Current Price at 2.62 (Entered 25.10.10)
3	STRL	Straits Asia Resources	2.68	2.17			Overnight, Current Price at 2.69 (Entered 30.11.10)
4	SCMN	Sembcorp Marine	5.19	4.49			Overnight, Current Price at 5.39 (Entered 29.12.10)

Stock Prices last updated at 10:05 (Singapore Time)