In another post from the SGX, one would noticed that these 2 counters are among the best and consistent performers. On average, they command a annualized return of 6% over 10 years. How bad can they be moving forward, not forgetting that they are around 5+% div yield now.
This counter broke the key resistance and gap up, this is a very strong uptrend signal.
SATS
This counter was heavily sold down end of May, could be due to the MSCI SG announcement. One would expect that it will drop even further after the heavy selling. Instead, it made a reversal and just breakout of the key resistance.
4 comments:
Hi, FYI, the 4 companies dropped from MSCI SG in May was : SATS , SPH , SebmCorp Ind and ComfortDelgro, not including DBS ( which still have 17.2 % of weightage in the Index ).
Hi, FYI, the 4 companies dropped from MSCI SG in May was : SATS , SPH , SebmCorp Ind and ComfortDelgro, not including DBS ( which still have 17.2 % of weightage in the Index ).
4 removals and 1 addition at MSCI Singapore Index semi-annual review
• MSCI Singapore Index semi-annual review:
- Mapletree Logistics Trust added
- ComfortDelgro, SATS, SembCorp Industries, SPH removed
• MSCI Singapore Small Caps Index semi-annual review:
- Additions include AIMS Apac REIT, Ascendas India Trust, Cromwell European REIT, Keppel Pacific Oak REIT, Lendlease Global REIT
• Cut-in/out date is at the close on 29 May
Cheers !
Thanks for comment, i am aware only SATS was dropped. Thought that was what i said in post :)
For Sats, as price rallied, volume was dropping. Will history repeat?
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