Thursday 7 July 2016

Sarine Technologies - Maybank Kim Eng 2016-07-07: Diamond in the rough

Sarine Technologies - Maybank Kim Eng 2016-07-07: Diamond in the rough SARINE TECHNOLOGIES LTD U77.SI 

Sarine Technologies (SARINE SP) - Diamond in the rough 


Guided for 2Q16 revenue to exceed USD20m… 

  • Sarine guided that 2Q16 revenue could exceed USD20m due to positive midstream profitability that continued to drive manufacturing activities. 
  • The company delivered a record of 20 Galaxy-related machines in 2Q16 (1Q16: 18, 2Q15: 6), of which 10 were for the new Meteor, eight Solaris and two Galaxy Ultra. This development supports our views expressed on 25 May 2016, The Path to Normalcy, where we highlighted industry data points that suggest recovery remains on track. 
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Unmasking Asia Thematic Research Series - Maybank Kim Eng 2016-06-29: The Singapore Fix

Unmasking Asia Thematic Research Series - Maybank Kim Eng 2016-06-29: The Singapore Fix Singapore Strategy

Unmasking Asia Thematic Research Series - The Singapore Fix

  • With sub-2% GDP growth expectations and EPS contractions for equities, Singapore is struggling. 
  • Some of the attributes that have been responsible for its success so far are, ironically, stifling its further growth. These include appreciating property prices, high wage growth, high savings rates and lower returns from overseas investments. 
  • While the government has been evolving steps to address these, we think that radical changes are called for – if not already afoot - to guard against a precipitous loss of Singapore’s relevance to global markets.
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QT Vascular - DBS Research 2016-07-04: Healthcare Sector Explorations

QT Vascular - DBS Research 2016-07-04: Healthcare Sector ExplorationsQT VASCULAR LTD 510.SI 

QT Vascular (QTVC SP)

  • QT Vascular (QTVC) is engaged in the the design, assembly and distribution of balloon catheters used in angioplasty. 
  • The company has been loss-making for at least the past 6 years due to a combination of high expenses (R&D, marketing, litigation) and sales volumes below break-even levels; it is now considering a sale of key assets. 
  • At 4.1x Price/Sales, the group trades at a c.27% premium to regional and global medical device makers.
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Monthly Statement - June Profits


Just received my monthly statement from UOB Kayhian and my June profits was great for a good investment start. As we are now currently in July, I am expecting a slower return but my stock is still performing at a good rate. My portfolio currently hold at one stock and I am heavily invested for a longer swing for a bigger return. This shall be my long term investment.

As for short term trades, I am constantly looking for good counters for trading in/out. The market has now reached a critical point where I am quite careful of some major turning points. Picking the right stock is important but timing the market conditions carefully will be the key. I hope to send out more Whatsapp alerts soon. Stay tune.



Ronald K - Market Psychologist - A Stock Market Opportunist

Mapletree Commercial Trust - DBS Research 2016-07-07: Proposed acquisition of Mapletree Business City

Mapletree Commercial Trust - DBS Research 2016-07-07: Proposed acquisition of Mapletree Business City MAPLETREE COMMERCIAL TRUST N2UY.SI 

Mapletree Commercial Trust (MCT SP) - Proposed acquisition of Mapletree Business City

  • Proposed acquisition of Mapletree Business City (MBC) Phase 1 for S$1.78bn or 5.6% implied FY15/16 NPI yield.
  • 3% accretion to proforma 6MFY17 DPU and 2% uplift to NAV per unit.
  • New exposure to the business park segment and Singapore’s decentralisation theme.
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SGX Stock Alert: Volume & Price Breakout on 2016-07-07

Stock Alert on Price & Volume Breakout @ SG  ShareInvestor

Stocks closed at 60 days high with above average volume

StockLast Traded on
2016-07-07
Vol on
2016-07-07
Price Range of Prev 60 DaysAvg Vol of Prev 60 DaysVol Ratio
trending_upCNMC GOLDMINE HOLDINGS LIMITED (5TP.SI)SGD 0.610476348000.220 - 0.53051304289.3x
trending_upANCHOR RESOURCES LIMITED (43E.SI)SGD 0.140695281000.093 - 0.13882276828.5x
trending_upSINGAPORE O&G LTD. (41X.SI)SGD 0.9859672000.755 - 0.9801230537.9x
trending_upVIBRANT GROUP LIMITED (BIP.SI)SGD 0.38014265000.315 - 0.3752417435.9x
trending_upCOGENT HOLDINGS LIMITED (KJ9.SI)SGD 0.61044851000.445 - 0.5958988605.0x
trending_upFORTUNE REAL ESTATE INV TRUST (F25U.SI)HKD 9.57011499008.210 - 9.4002700084.3x
trending_upTTJ HOLDINGS LIMITED (K1Q.SI)SGD 0.3654073000.280 - 0.3501170553.5x
trending_upINNOVALUES LIMITED (591.SI)SGD 1.10577282000.890 - 1.09527702602.8x
trending_upFRASERS COMMERCIAL TRUST (ND8U.SI)SGD 1.32517826001.225 - 1.3207679162.3x
trending_upPARKWAYLIFE REIT (C2PU.SI)SGD 2.64010811002.380 - 2.5805188312.1x
trending_upM1 LIMITED (B2F.SI)SGD 2.83027054002.320 - 2.79013752352.0x
trending_upMAPLETREE INDUSTRIAL TRUST (ME8U.SI)SGD 1.79044583001.565 - 1.78026117041.7x
trending_upCHINA AVIATION OIL(S) CORP LTD (G92.SI)SGD 1.30026471000.810 - 1.29019945871.3x
trending_upCEI CONTRACT MANUFACTURING LTD (AVV.SI)SGD 0.760417000.640 - 0.745341881.2x
trending_upVGO CORPORATION LIMITED (PH0.SI)SGD 0.220412000.054 - 0.215402271.0x



Stocks closed at 60 days low with above average volume

StockLast Traded on
2016-07-07
Vol on
2016-07-07
Price Range of Prev 60 DaysAvg Vol of Prev 60 DaysVol Ratio
trending_downPAN HONG HOLDINGS GROUP LTD (P36.SI) SGD 0.1671410000.174 - 0.194565025.0x
trending_downHOCK LIAN SENG HOLDINGS LTD (J2T.SI) SGD 0.33510735000.340 - 0.4202924843.7x
trending_downHALCYON AGRI CORPORATION LTD (5VJ.SI) SGD 0.71534922000.720 - 0.74010399153.4x
trending_downKOH BROTHERS GROUP LIMITED (K75.SI) SGD 0.2602000000.265 - 0.305644373.1x
trending_downFIRST RESOURCES LIMITED (EB5.SI) SGD 1.52573635001.540 - 2.05032580452.3x
trending_downSIN HENG HEAVY MACHINERY LTD (BKA.SI) SGD 0.345470000.350 - 0.460231422.0x
trending_downEZION HOLDINGS LIMITED (5ME.SI) XRSGD 0.450187414000.460 - 0.600115377821.6x
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Wednesday 6 July 2016

Mapletree Commercial Trust - Maybank Kim Eng 2016-07-07: Transformative Acquisition

Mapletree Commercial Trust - Maybank Kim Eng 2016-07-07: Transformative Acquisition MAPLETREE COMMERCIAL TRUST N2UY.SI 

Mapletree Commercial Trust (MCT SP) - Transformative Acquisition


Positive on major acquisition; U/G to HOLD

  • MCT’s proposed SGD1.86b acquisition of Mapletree Business City Phase 1 (MBC1) will transform it to having 24% exposure to business parks — the real estate sub-sector with the best supply/demand outlook. 
  • Acquisition is at market price and estimated to be funded 53:47 equity/debt. 
  • DPU accretion raises FY3/17-19 estimates by 3.2-5.5%. U/G to HOLD with TP revised to SGD1.56 from SGD1.35. 
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