Stock Exchange: July 2016

Thursday 7 July 2016

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.

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.

QT Vascular - DBS Research 2016-07-04: Healthcare Sector Explorations

QT 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.

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 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.

SGX Stock Alert: Volume & Price Breakout on 2016-07-07

Stocks closed at 60 days high with above average volume

Stock	Last Traded on 2016-07-07	Vol on 2016-07-07	Price Range of Prev 60 Days	Avg Vol of Prev 60 Days	Vol Ratio
CNMC GOLDMINE HOLDINGS LIMITED (5TP.SI)	SGD 0.610	47634800	0.220 - 0.530	5130428	9.3x
ANCHOR RESOURCES LIMITED (43E.SI)	SGD 0.140	69528100	0.093 - 0.138	8227682	8.5x
SINGAPORE O&G LTD. (41X.SI)	SGD 0.985	967200	0.755 - 0.980	123053	7.9x
VIBRANT GROUP LIMITED (BIP.SI)	SGD 0.380	1426500	0.315 - 0.375	241743	5.9x
COGENT HOLDINGS LIMITED (KJ9.SI)	SGD 0.610	4485100	0.445 - 0.595	898860	5.0x
FORTUNE REAL ESTATE INV TRUST (F25U.SI)	HKD 9.570	1149900	8.210 - 9.400	270008	4.3x
TTJ HOLDINGS LIMITED (K1Q.SI)	SGD 0.365	407300	0.280 - 0.350	117055	3.5x
INNOVALUES LIMITED (591.SI)	SGD 1.105	7728200	0.890 - 1.095	2770260	2.8x
FRASERS COMMERCIAL TRUST (ND8U.SI)	SGD 1.325	1782600	1.225 - 1.320	767916	2.3x
PARKWAYLIFE REIT (C2PU.SI)	SGD 2.640	1081100	2.380 - 2.580	518831	2.1x
M1 LIMITED (B2F.SI)	SGD 2.830	2705400	2.320 - 2.790	1375235	2.0x
MAPLETREE INDUSTRIAL TRUST (ME8U.SI)	SGD 1.790	4458300	1.565 - 1.780	2611704	1.7x
CHINA AVIATION OIL(S) CORP LTD (G92.SI)	SGD 1.300	2647100	0.810 - 1.290	1994587	1.3x
CEI CONTRACT MANUFACTURING LTD (AVV.SI)	SGD 0.760	41700	0.640 - 0.745	34188	1.2x
VGO CORPORATION LIMITED (PH0.SI)	SGD 0.220	41200	0.054 - 0.215	40227	1.0x

Stocks closed at 60 days low with above average volume

Stock	Last Traded on 2016-07-07	Vol on 2016-07-07	Price Range of Prev 60 Days	Avg Vol of Prev 60 Days	Vol Ratio
PAN HONG HOLDINGS GROUP LTD (P36.SI)	SGD 0.167	141000	0.174 - 0.194	5650	25.0x
HOCK LIAN SENG HOLDINGS LTD (J2T.SI)	SGD 0.335	1073500	0.340 - 0.420	292484	3.7x
HALCYON AGRI CORPORATION LTD (5VJ.SI)	SGD 0.715	3492200	0.720 - 0.740	1039915	3.4x
KOH BROTHERS GROUP LIMITED (K75.SI)	SGD 0.260	200000	0.265 - 0.305	64437	3.1x
FIRST RESOURCES LIMITED (EB5.SI)	SGD 1.525	7363500	1.540 - 2.050	3258045	2.3x
SIN HENG HEAVY MACHINERY LTD (BKA.SI)	SGD 0.345	47000	0.350 - 0.460	23142	2.0x
EZION HOLDINGS LIMITED (5ME.SI) XR	SGD 0.450	18741400	0.460 - 0.600	11537782	1.6x

Wednesday 6 July 2016

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.

City Developments - RHB Invest 2016-07-07: Acquisition of remaining 50% stake in Nouvel 18

CITY DEVELOPMENTS LIMITED C09.SI

City Developments - Acquisition of remaining 50% stake in Nouvel 18

City Developments (CDL) acquired the remaining 50% stake in Nouvel 18 from its JV partner Wing Tai Land Pte. Ltd. for an aggregate consideration of SGD411m.
Nouvel 18 located at 18 Anderson road is a 156-unit freehold site and is within walking distance to Orchard road shopping belt. The site was acquired in 2007 for SGD477.7m (SGD1,650 psf ppr) and was completed in Nov 2014. No units has been sold till date.

Property Singapore - UOB Kay Hian 2016-07-07: Taking Charge Of Nouvel 18

Singapore Property WING TAI HLDGS LTD W05.SI CITY DEVELOPMENTS LIMITEDC09.SI HO BEE LAND LIMITED H13.SI CAPITALAND LIMITED C31.SI

Property − Singapore: Taking Charge Of Nouvel 18

The deal paves the way for CDL to unlock value from Nouvel 18 in a potential third PPS transaction, while allowing Wing Tai to recycle capital and avoid hefty extension charges.
Watch out for a special dividend from Wing Tai.
We see signs of residential price floor formation and believe the market has over-discounted the negative prospects for the sector.
We maintain OVERWEIGHT with CapitaLand and City Developments as our top picks.

Singapore Post Ltd - CIMB Research 2016-07-07: If we were the new CEO...

Singpost SINGAPORE POST LIMITED S08.SI

Singapore Post Ltd - If we were the new CEO...

SPOST is in the process of searching for a new CEO. We outline the key priorities that we think he/she could focus on, especially coming on board in a tough year.
We think impairment of goodwill for TradeGlobal (TG) could be on the cards, given aggressive growth assumptions, although Jagged Peak (JP) is likely to be spared.
A cut in DPS from 7 Scts to 6.25 Scts makes sense amid high capex in FY17-18. It will run out of cash in FY3/17 if the share issuance and Alibaba JV fall through.

Viva Industrial Trust - OCBC Investment 2016-07-07: Initiate with BUY

Viva Industrial Trust - OCBC Resesarch 2016-07-07: Initiate with BUY

VIVA INDUSTRIAL TRUST T8B.SI

Viva Industrial Trust: Initiate with BUY

58.1% of portfolio in business parks
S$6.9m in additional NPI by FY18
FY16F DPU yield of 9.8%

Business Park-focused REIT

Viva Industrial Trust (VIT) is a Singapore- focused REIT which primarily invests in business parks and industrial real estate assets.
Its current portfolio comprises eight industrial properties with a NLA of 3.0m sq ft.

SMRT Corporation - OCBC Investment 2016-07-07: Defects on trains covered under warranty

SMRT CORPORATION LTD S53.SI

SMRT Corporation Ltd: Defects on trains covered under warranty

An article reported by Hong Kong media on Tuesday revealed that several of Singapore’s first China-made trains operated by SMRT Corporation Ltd (SMRT) are being shipped back to their manufacturers (i.e. CSR Qingdao Sifang and Kawasaki Heavy Industries) for structural defects.

Jumbo - Market Depth on Buyers

Jumbo just ran after my Tuesday post on the weak retailers selling. The Big Fish came in earlier and the stock just shot up as shown in the 5 min chart. As per my study of the market depth on Tuesday, I shared that it revealed plethora information of the turning point and indeed today it turned up.

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-selling-happened-in-my-watchlist.html

The market depth today seemed to be more sellers instead. I believe this breakout could be fake in the very short term. Congrats to those who went long.

Ronald K - Market Psychologist - A Stock Market Opportunist

Singapore Top Volume - Some Popping Action

The market today sudden had some vibrant activity with stocks running in the background. Overall it looks mix but there were some popping of hidden buying which to the naked eye, it's hard to determine but for the trained eye, everything seemed so obvious. Carefully watching for blue chips now for the right timing before going for a long.

Eventbrite - Register for Stocks Selection Talk

Ronald K - Market Psychologist - A Stock Market Opportunist

Tuesday 5 July 2016

Singapore Property - Maybank Kim Eng Research 2016-07-06: CityDev acquires Wing Tai’s 50% stake in Nouvel 18

Singapore PropertyWING TAI HLDGS LTDW05.SI CITY DEVELOPMENTS LIMITEDC09.SI

Singapore Property - CityDev acquires Wing Tai’s 50% stake in Nouvel 18

CityDev assumes full ownership of Nouvel 18

CityDev acquired Wing Tai’s 50% stake in Nouvel 18, a 156-unit high-end project in the prestigious Ardmore locale, for SGD411m.
By acquiring its joint venture partner’s stake, CityDev has assumed full ownership of this project.
With the streamlining of its shareholding structure, we expect CityDev to aggressively market this project as a bulk sale or build a structured product with it to avoid incurring significant Qualifying Certificate (QC) charges.

S&P 500 - Respect the 2104.38 Supply Ceiling

I was sharing my highly guarded secrets yesterday evening on how I predicted the S&P 500 would hit the 2104.38 level before sellers would kicked in as shown on the images above. See my initial prediction on July 4th Monday.

http://stockmarketmindgames.blogspot.sg/2016/07/s-500-this-is-what-i-see.html

Because of that prediction, we use it to short the HSI warrants which of course made $$ as shown at the below link.

http://stockmarketmindgames.blogspot.sg/2016/07/trading-hsi-warrants-put-warrants-on.html

As the market is closed today for public holiday, I can't wait for tomorrow to come because it's going to be another day of opportunity for trading. The participants who came yesterday enjoyed the secrets I shared since it's not difficult to make forward looking prediction but next Tuesday talk will be even more anticipated because not only I will share how to spot precise levels but more importantly, how to select the best counters for trading. Thank you all who have already registered.

Ronald K - Market Psychologist - A Stock Market Opportunist

UG Healthcare Corp - DBS Research 2016-07-04: Execution is key

UG HEALTHCARE CORPORATION LTD 41A.SI

UG Healthcare Corp - Execution is key

Established Malaysian glove manufacturer with plans to grow its global distribution network
Potential beneficiary of a greater shift in pricing and bargaining power to distributors as competition is expected to heat up ahead
Further prospects ultimately a factor of the Group’s ability to bring plans to fruition

Jumbo - The Selling Happened, In my Watchlist

Jumbo as per my last post, I expected some selling first. It indeed happened! See my earlier post below:

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-game-changing-market-depth.html

The sellers were mini as also expected and not like an avalanche wave of serious sellers. I believe it's just normal retailers looking to lock in $$ as opposed to Big Fish selling. I am still bullish on this counter but it's important to watch for the next turning point before hoping in again. I had been watching this stock today and from the market depth, there were some minor changes which gave some cue on the turning point.

I will be holding a talk next Tuesday on illustrating the importance of timing and turning pivotal points. If you are interested to learn how to spot it yourself, click and register below for next Tuesday's talk.

Ronald K - Market Psychologist - A Stock Market Opportunist

Trading HSI Warrants - Put Warrants on Financial Markets

As per predicted this morning that the market is not a good day and stay out as it would suffer selling, we are witnessing the sellers in action now. See my early morning private post below:

http://stockmarketmindgames.blogspot.sg/2016/07/sti-top-volume-stay-out-today.html

Before that actually, because I knew the S&P 500 would hit the supply ceiling at 2104.38 yesterday, hence, I believe buying a put warrant on the HSI would be a wise choice since the HSI would take cue from the S&P 500.

http://stockmarketmindgames.blogspot.sg/2016/07/s-500-this-is-what-i-see.html

http://stockmarketmindgames.blogspot.sg/2016/07/s-500-this-is-what-you-get-210438.html

The trade was done and within one day, $1500 was made just by using simple tools and techniques to predict the movements of the S&P 500. I will share more about it next week.

Ronald K - Market Psychologist - A Stock Market Opportunist

Monday 4 July 2016

Jumbo - Game Changing Market Depth

As I finished my Whatsapp call last week on Jumbo and yesterday after we locked in $$, I went on to study the market depth for more information on the next turning point in order to hop in for a second round.

http://stockmarketmindgames.blogspot.sg/search/label/jumbo

The market depth reveals plethora of valuable information. Studying it now, I expect Jumbo to have a little more selling first before turning upwards again. However with that being said, the problem lies with the amount of activity when the stock suffered selling later. During the selling phase, I would need to see how much sellers emerging before deciding the turning point of the stock once again. I am bullish on this counter and it's definitely in my watchlist. You can do the same too and start putting it in your watchlist and monitor it everyday. :)

Eventbrite - Register for our Whatsapp Talk

Update 5/7/2016, 11:53am

Jumbo up another pip.

Ronald K - Market Psychologist - A Stock Market Opportunist

STI Top Volume - Stay Out Today

Once again, in the private forum @ 8:50am before market opened, I expect the market to turn sour and indeed it does as of now. The market like the S&P 500 had reached a saturated point where it's now time for the sellers to dominate. Stay out today as it's tough for the overall market.

Ronald K - Market Psychologist - A Stock Market Opportunist

S&P 500 - This is What You Get @ 2104.38

The S&P 500 accurately hit the critical selling zone with the horizontal line I drew in the hourly chart @ 2104.38 as I blogged on it at 8:26am yesterday! Click and see it below:

http://stockmarketmindgames.blogspot.sg/2016/07/s-500-this-is-what-i-see.html

In that post yesterday, not only my horizontal line was accurate but more importantly, my prediction for the sellers came true where we are seeing selling now consistently in the 5 min chart. I am happy for those who bought the put warrants for the S&P 500.

Ronald K - Market Psychologist - A Stock Market Opportunist