Everyone loves to buy winning stocks and for the past year, the local banking stocks have been in the limelight due to being able to benefit most from the rising interest rates. To make money in the stock market, it is not to follow where most of the crowd go, it is to identify the un-loved counters. Congrates to those who have taken the lonely journey and invest in Comfortdelgro, SingTel and SPH the past few months, you may refer to my posts on those counters.
One of the counter which caught my eye was HongKong Land, however, the not so nice about this counter is that it is not suitable for dividend play.
Tuesday, 1 May 2018
Saturday, 14 April 2018
A quick look at Perennial Holdings
In the recent months, there has been a number of share buyback for this counter and thus it got me interested to "dig" further. This counter does not fall under my normal selection as it does not meet my requirements, and certainly, it is not an income stock either as the dividend is not attractive. This counter falls into my short to medium term bucket for capital gain, which also means that I will cut loss if it goes the opposite direction.
Investors who invested in this counter must have been disappointed, as shown in the chart below that it corrected from the high, and has been in the support region since 2015. The counter has also tested key support 3 times, and yesterday it managed to break out of the downward trend and resistance.
Let's look at the TA.
Investors who invested in this counter must have been disappointed, as shown in the chart below that it corrected from the high, and has been in the support region since 2015. The counter has also tested key support 3 times, and yesterday it managed to break out of the downward trend and resistance.
Let's look at the TA.
Friday, 30 March 2018
A quick look at SPH
This is one of the counter that is not loved by investors, and this can be seen since 2016 when the share price started to correct. Many reasons have been shared by fellow bloggers on the corrections, and one of the main reason is the disruption that it faced against it's print business. However, SPH is aware of those disruptions and have started taking initiatives to counter them. Time is needed for the organisation to turn around and time is also needed for that to be reflected in the share price.
At this price, is it attractive enough for investors to take some position first?
At this price, is it attractive enough for investors to take some position first?
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