Sunday, 14 October 2018

Warning signs from these 2 stocks before last week crash

By now most of us would have heard or seen news about the Dow Jones correction last week, and one that affects major markets including STI. No one can predict what will happen to the market next, but out of curiosity, I noticed that these 2 counters (may have more) reacted 3 days before the correction. They may be more sensitive than the rest of the counters to what's happening, it is interesting but I am not sure if there is any correlation of any sort. Just for fun.
It may be interesting to watch these 2 counters next as it may be a leading indicator which one can use for the local market.

Tuesday, 1 May 2018

A quick look at HongKongLand

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.

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.