Wednesday, August 10, 2016

3 Uptrending Singapore Stocks price below $1 that You Must Watch

We have friend requested for uptrending stocks “pattern” after attended our seminar “Technical Analysis for Beginner”. Below are 3 Singapore counters for your reference, the price of these counters are still uptrending and trading at below $1.

Stocks in an uptrend when they’re making higher highs and higher lows. Higher highs mean consecutive peaks higher than the previous peaks. Higher lows mean bottoms higher than the previous low.
An uptrend forms when psychological or fundamental factors are improving. Depending on the source and duration of the driver, the uptrend may last as short as a few weeks to as long as a few years.
During an uptrend, it’s advisable to buy stocks on dips. There’s optimism in the market that the stock price will go higher. When the stock market is in a long-term uptrend, it’s called a bull market.
Lastly, if you are not familiar with these counters, you can login POEMS 2.0, under Stock Analytics, you will be able to check the fundamental of these counter Financial record for at least 5 years for FREE. Page down to POEMS 2.0 screenshot on how to use POEMS 2.0’s Stock Analytics.




As mentioned, if you are not familiar with these counters, below show you how to check the fundamental information. First you must have POEMS 2.0 login; your User ID and password. Once login POEMS 2.0 > Click on Stock Analytics tab > Key in the counter name (see below screenshot)

If you can’t remember your User ID and password, kindly Contact us and reply with your name and contact number to request for user ID and your Password. If you have other inquiry, we are more than happy to assist you. 

Tuesday, August 2, 2016

Small Cap oil Stock in Trouble - Beware!!!

The exciting penny stock no longer "Fun" to play after Swiber holding winding up news spread. Many people who is trying to pick the Bottom of these stock got their hand burnt badly catching the falling stocks. As i warned many times to avoid these stocks, many people still insist of holding on to all these companies, hoping that one day there will be a miracle that turn things around.

RISK is growing, stock like Swissco holdings, Vallianz, Pacific Radiance,Vard holdings and Falcon Energy is getting riskier to long, even CFD provider is increasing the Margin requirement to 70%, this means that the real value of the stock is diminishing. While Ezra, Ezion margin requirement increase from 30% to 50%.

Below are the bond Yield that give me the warning sign, if the stock yield is 14-30%pa, dont it sound an alarm to you? If you want to buy bond can contact my team at
Phillip Investor Centre Lite (Jurong East)
Address: Blk #01-295,, 133 Jurong Gateway Rd, 600133
Phone:6812 1560

Bond price as at 21 June 2016

Upcoming Seminar
 

Thursday, July 28, 2016

Swiber Holding Winding down - Share halt trading 27 July


OIL and gas contractor Swiber Holdings has filed a winding-up application, and its directors have resigned to pursue their own interests, the company announced on Thursday.

The company has also filed an application to place the company under provisional liquidation. Cameron Lindsay Duncan and Muk Siew Peng have been appointed as the joint and several provisional liquidators of the company.

The winding-up application will be heard in court on Aug 19.

Executive director and vice chairman Francis Wong, executive director and chief financial officer Leonard Tay and executive director Nitish Gupta have all resigned "to seek new opportunities".

The company said in a separate announcement on Thursday that it was facing letters of demand for about US$25.9 million in total, and that it is seeking legal advice.

On Monday, the company said it was facing just US$15.2 million in outstanding demand letters for which legal proceedings had not commenced, and US$4.76 million of outstanding demand letters that had not been paid off.

Shares of Swiber have been halted from trading since July 27.

Join us in our Up Coming Seminar 

What you will learn:
  • Time Tested Propietory Strategy to trade in Stock
  • How this strategy can apply in any market around the World
  • Simple Steps to pick the Growing Stocks?
  • How you can do Sector Analysis to find what is the Strong/weak sector now
  • Market outlook and individual Singapore stocks analysis using Technical Analysis

  • 28th July2016, Thursday, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 7月29号,星期5中文讲座 7点-10点 (Chinese)
Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903

Tuesday, July 5, 2016

China A share in my Watchlist

Do you know that SSE drop from 5178 high in 2015 to the low of 2638 in just a short time span of 7 month. (June 15 to Jan 16). Today the SSE is above the 3000 point again.

So many friends ask me what stock is currently in my watchlist. Here you go.. (Do your own Due diligence)

1) KweiChow Maotai 600519

2) Guangzhou Automobile

Compare to SSE Chart below. which is stronger? 
If SSE recover, will the stock above go higher or lower?

How to trade China A share with Poems ==> http://www.andy-yew.com/p/china-share.html

  • 7th July2016, Thursday, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 7月5号,星期二中文讲座 7点-10点 (Chinese)
Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903

Monday, July 4, 2016

Ezion Rights Issue - Expected Timetable of Key Events

Timetable of the issuance is laid out in the table above:

Recent News of Ezion: Ezion announced its formal entry into China's Offshore Windfarm market. It has established a 49:51 JV with Sinotrans & CSC Holdings, called Sinomarine & Teras (Tianjin) Offshore Co. Ltd, to support offshore wind power installation projects in China. Coupled with a strategic partnership with China Huadian Corporation, the trio expect to operate two Service Rigs for offshore wind farm installation project by the end of 2016. 


In a separate announcement, Ezion announced that it was doing a rights issue to raise net proceeds of S$135.0-137.5m. The issue price for each rights share is S$0.29, representing a 44% discount from the last traded share price of S$0.52. The ratio is 3 rights:10 ordinary shares, and sees the issuance of up to 487,313,310 new shares. The theoretical ex-rights price (TERP) for this issuance is S$0.467. Proceeds of the rights issue will be used for potential acquisition of new offshore and marine assets, as well as potential upgrading and modification of existing offshore and marine assets. 


CEO Mr Chew Thiam Keng and his wife, Mdm Chan, have undertaken an irrevocable undertaking to subscribe and pay for 43.344,000 shares, and underwrite up to a maximum of S$50m (35%) - inclusive of the 43.3m shares earlier mentioned - of the rights issue. 

Why Ezion Drop so much today? Rights Issue?


  • 7th July2016, Thursday, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 7月5号,星期二中文讲座 7点-10点 (Chinese)
Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903

Friday, July 1, 2016

Why Ezion Drop so much today? Rights Issue?

Why Ezion drop so much?

Price drop because of selling (this is my usual answer). So the question is why people are selling? 

"proposed a renounceable underwritten 3-for-10 rights issue of up to 487.31 million new shares at an issue price of 29 Singapore cents for each rights share, which will raise up to S$141.3 million". - Business Times

"Funds raised from the issue could be used to help fit out and re-purpose its fleet, buy marine assets and boost operational flexibility, it said in a statement late on Thursday (June 30).
Ezion proposed issuing up to 487.3 million rights shares at S$0.29, or a discount of about 44 per cent to its closing price on Thursday." - straitstimes
What are Rights issue 
an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.

Will i Subscribe the rights?

Click here for Our previous post - common reason people subscribe to the rights

Noble Group - Rights issue should you subscribe?


When Ezion is going down from $1.99 - Time to sell, most people never sell

When Ezion is going up from 95cents - Time to buy, most people never buy

- FREE seminar -  click link to register
  • 7th July2016, Thursday, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 7月5号,星期二中文讲座 7点-10点 (Chinese)
Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903

Wednesday, June 29, 2016

Noble Group Rights Issue - Expected Timetable of Key Events

Noble Group Rights Issue - Expected Timetable of Key Events

Noble Group - Rights issue should you subscribe?


Want to open Phillip CFD account? To receive more frequent Trading Ideas in your Email or SMS? Open a Free Trading Account with us nowhttp://bit.ly/1gegCv0

How To Set Stop Loss and Other Advanced Order types available in PhillipCFD

Learn to manage your risks of CFD trading with advanced order types on PhillipCFD

Here are some examples of how PhillipCFD can help a client maximize returns and minimize losses.
Advanced Order Types Provided:

Stop-Limit

Definition: An order combining the features of stop order and limit order. Once the stop price is reached, the stop-limit order becomes a limit order to trade at the pre-determined limit price or better. However, there is no guarantee that the order will be filled in the event the price gaps through the limit price, the order will not be filled.
Usage: To enter a new position or exit an outstanding one when the price surpasses a particular point. Can also be used to take profit or cut down on losses upon reaching the stop price.
Execution:
An example of a buy stop
The buy stop-limit order is triggered when the stop price hits $3.90. A limit order to buy the counter is a limit price at $3.95 will be submitted and will be executed when the market price hits $3.95.
An example of a sell stop (to cut losses)
The sell stop-limit order is triggered when the stop price hits $3.85. A limit order to sell the counter with a limit price of $3.80 is submitted and will be executed when the market price hits $3.80 .
An example of an unfilled stop limit order due to price gapping through
The buy stop-limit order is triggered when the stop price of $0.740 is hit. A limit order to buy the counter with a limit price of $0.750 is submitted. However, the market price of the counter gaps to above the limit price of $0.750, thus the order remains unfilled.

Trailing Stop

Definition: An order with a stop price that is set at a percentage below or above
Usage: This order is commonly used as an automatic measure to protect gains and reduce losses on outstanding positions.
To Sell Off Long positions
The trailing step is set at a certain % below current market price. When the price moves up, the trailing step will move up correspondingly as well. If the price comes down, the trailing step will remain at previously indicated stop price. Once the current price is the same as the indicated stop price, the indicated limit price will be sent out to the market.
To Buy Back Short positions
The trailing step is set at a certain % above current market price. When the price moves down, the trailing step will move down correspondingly as well. If the price comes up, the trailing step will remain at previous indicated stop price. Once the current price is the same as the indicated stop price, the indicated limit price will be sent out to the market.
Execution:
An example of a trailing stop order used to protect gains
Client A takes up a long position on Counter A and buys at $0.60. He submits a trailing stop order of 10%, which puts the initial stop price at $0.54.
The market price increases to $0.74, and the new stop price is now 10% lower at $0.67.
The market price falls to $0.69 but the stop price remains at $0.67. As the market price is still higher than the stop price, the order is not triggered.
The market price increases yet again to $0.81, bringing up the stop price to $0.73.
The market price drops to $0.73, which is the stop price, and this triggers the trailing stop order. A limit order of $0.73 is automatically submitted to sell the counter.
With the trailing stop order, Client A’s gains from the counter have been automatically protected from fluctuations in the market, as indicated above.

If Done

Definition: An order that is not activated until the parent order is executed.
Usage: To execute orders that are structured of 2 more steps that must occur in a specified sequence. The parent order must be executed before the rest of the orders are executed.
Execution:
Example of an ‘If Done’ order used to perform sequential trades

A limit order to sell SIA at $14.90 is executed. This triggers the ‘If Done’ order to buy SPC at a limit price of $6.40.
The limit order that was submitted by the ‘If Done’ order is now executed to buy SPC at S$6.40.

Contingency

Definition: An order that is executed only when certain conditions of the security, or another security, have been fulfilled.
Usage: To enter a new position or exit an existing position when the stipulated security reaches the targeted price range.
Execution:
Examples of entering a new position with contingency orders

A contingency order is set to sell NOL at $1.43 if the Bid Price of NOL equals to or is less than $1.43. The contingency order is triggered and a limit order is sent when NOL hits $1.43 and the order will be executed at $1.43 or better.

A contingency order is set to sell Singtel at $3.13 if the Bid Price of another security, StarHub, equals to or is less than $2.89. When this condition is fulfilled, a limit order to sell Singtel is sent and the order will be executed at $3.13 or better.

OCO (One Cancels Other)

Definition: An order stipulating that if one part of the order is executed, the other is automatically cancelled.
Usage: To set a limit order to take profit and a stop limit order to cut loss
Execution:
An example to illustrate profit taking with an OCO order
A limit order is set at $3.90 to take profit and a stop-limit order is set at $3.40 to cut any possible losses. The OCO is triggered when the limit order at $3.90 is executed, cancelling the stop-limit order to sell at $3.40, which might otherwise be triggered when the price of the counter drops to $3.40.
An example to show how OCO can be used to minimize losses
A client takes up a long position on Counter ABC at $1.12. He submits an OCO order consisting of a limit order to sell at a limit price of $1.14 and a stop-limit order to sell at a limit price of $1.06.
The market price of the counter starts to drop rapidly afterwards, and when the market price hits $1.06, this executes the stop-limit order, which in turn triggers the OCO to cancel the limit order with the limit price of $1.14.
Want to open Phillip CFD account? To receive more frequent Trading Ideas in your Email or SMS? Open a Free Trading Account with us nowhttp://bit.ly/1gegCv0

Tuesday, June 28, 2016

Noble Group - Rights issue should you subscribe?

Rights issue 
an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.

Why is company raising the cash?

"Noble said the gross proceeds from the rights issue will be about $718.9 million, with net proceeds estimated at around $696.1 million.The net proceeds will be used for debt repayment, working capital and general corporate purposes."
"(June 16): Noble Group’s credit rating was cut by S&P Global Ratings for the second time in six months, citing its weakened liquidity position and higher funding costs despite recent efforts to raise cash."

in summary :Company need investors money to pay off some debts.

Why people will subscribe:
1) they believe that noble group one day will do a comeback like what Osim did. "if osim can, maybe Noble also can" 
2) the rights is very cheap!!!! (rights always cheap my friend, the cheaper it is the more worried i am)
3) Since already lose so much already might as well buy more if bounce up then.. hor seh liao.

The possibilities 

scenario 1: you manage to buy the rights, (in another words, average down) your total cost of purchase is lowered, if the price go back up. You break even, or make more money.

scenario 2: company cannot turn around and, interest rate up, cash run low again they will issue another rights?

What keeps me away for such a downtrend stock?
1) I trade stock on the uptrend
2) I only buy more shares if I am in profit.
Base on my rules of trading, of cause i will not subscribe the rights. I wouldn't be Long on noble in the first place when it is obviously downtrending.


Can a blogger bring down a billion dollar company? 

good read from FT.com "Today the market value of the company — which is listed in Singapore — has collapsed to $1.1bn, its chief executive has left, and Mr Elman, 76, has announced he will step down as executive chairman in the next 12 months. In February, it reported annual losses for the first time in more than 20 years after taking $1.2bn in writedowns and charges, largely related to the value of long-term contracts it has been accused of overstating by short sellers, hedge funds and a former employee turned financial blogger."
http://www.ft.com/cms/s/0/f5793f22-3247-11e6-bda0-04585c31b153.html#ixzz4CrWyYhTm
Do you think what Muddy water write makes more sense now? 

Following red candle to sell, you will avoid losses on the downtrend. period.

Since 2014 we have been covering Noble group. So far we have kept our reader "safe" by avoiding or shorting this stock.

Take a look at Noble group's bond. Will you buy a bond with more than 12% yield? 
When bond holders want to sell at a loss rather than holding it to maturity it probably means they are not very confident with the company.

Check out our previous post==>

Did Noble make money for you? (june 2015)
http://www.andy-yew.com/2015/06/did-noble-group-make-money-for-you.html

Can We trust Noble Group Trend? (23 Jan 2014) 

http://www.andy-yew.com/2014/01/can-we-trust-noble-group-trend.html


Why Noble Suddenly drop Today! Muddy Water (Thursday, April 9, 2015 $0.965 Short)


Noble Chart on Supertrend Turned Orange last night (23 July 2015 - $0.64)



Want to open Phillip CFD account? To receive more frequent Trading Ideas in your Email or SMS? Open a Free Trading Account with us nowhttp://bit.ly/1gegCv0

Monday, June 27, 2016

Brexit aftermath - 958FM interview with Andy Yew


Listen to the interview - http://bit.ly/28WCpuu
上周五英國公投決定脫里欧洲联盟,令全球股市投资人大感意外,投资人纷纷规避英国脱欧风险、拋售股票,道琼工业指数重挫610.32点(3.39%),报17,400.75点。这是美股道琼指数的史上第8大单日跌点记录,就跌幅来看,道琼与标准普尔500指数都跌3%,经历了去年8月以来表現最糟的一天。纳斯达克指数则大跌4.1%,是2011年8月以来最惨。

新加坡股市也遭抛售,上周五跌了58点。银行,地产,石油板块明显回落。我觉得暂时先避开这几个板块。之前在958有提过的是黄金类股,耐用消费品股票 consumer durable - 食品与烟酒板块。这两个板块依然表现强劲。星期五,美国收市时,烟草股,黄金股都表现强劲。


如果股市继续掉怎么办,我会一直卖股,直到空仓为止。或用cfd做卖空。手上的股票如果跌过10%,我会先出场,因为如果之后还想买回来,至少钱还在我的口袋。


Tuesday, June 21, 2016

Cityneon powered by the SuperHero?




Financial Summary:
For the fiscal year ended 31 December 2015, Cityneon Holdings Limited revenues increased 24% to SP$96.5M. Net income decreased 63% to SP$871K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by administrative increase from SP$2M to SP$20.3M (expense), Marketing and distribution costs increase of 39% to SP$1.2M (expense).

Business Summary
Cityneon Holdings Limited is an investment holding company. The Company operates in five business segments: Experiential Environment, Interior architecture, Exhibitions, Events and Intellectual Property Rights (IP). Its Experiential Environment segment offers architectural facades, scenic fabrication, sculptures, scaled models, wall reliefs and murals, show sets and props, artistic painting, landscaping to theme park and attractions, expositions and museums, and galleries. Its Interior architecture segment offers conceptualize, design and interior fitting-out services to commercial properties, healthcare, hospitality services industry, show rooms and retail outlets. Its Exhibitions segment is engaged in the design, installation and project management of exhibition booths and pavilions, rental of re-usable exhibition booths, pavilion modules, and furniture and furnishings. Its Events segment develops, hosts and manages events. The IP segment includes AVENGERS and TRANSFORMERS brands. 

CityNeon started to rally since March, since then it is up more than 200%, this kind of rally is Rarely seen in Singapore stock market. With the sexy story of Disney, Avengers and Transformer, it seems pretty convincing for the business to grow. The main reason for further move could recently could be the company accquiring the third IP intellectual property rights. Technically speaking, this is an uptrend stock, short term support at $0.78, potential upside unknown but DBS gives a target price of $1.05 in a recent report.

To find out more about how we pick all these good stocks, you can come to our upcoming seminar.

"Learn the Method of Identifying Big Players in the Stock Market"
What you will learn at this seminar:
What are the Singapore stocks that show Big Players Now?
The Method of knowing when the Big Players are buying?
Learn how you can know the Best Performing or Worst Performing Sector of the month (This will help you to strategize and know what sector to zoom in on to minimize time spent)
How do you identify correctly the trend of the stock so as to know precisely when to exit a trade when trend change
How do you leverage on CFDs to short stocks that are bearish now (Understanding this will enable you to make money even in a bearish market)
Analysis of stocks that you are interested 
  • 15th June 2016, Wed, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 21th June 2016, Tues, at 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 6月22号,星期三中文讲座 7点-10点 (Chinese)

Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903
Register Now !



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