Ezotop

Wednesday, March 6, 2024

Ifast - Today she has broken down the support at 7.05 and 7.00 and closed lower at 6.93, looks Like Bear is in control! Likely to slide further down towards 6.00 and below! I think is good to lock in profit instead of seeing your profit slip into losses! Pls dyodd.

  Ifast - Today she has broken down the support at 7.05 and 7.00 and closed lower at 6.93, looks Like Bear is in control! 



Likely to slide further down towards 6.00 and below! I think is good to lock in profit instead of seeing your profit slip into losses!

BreakIng down of 6.00 she may go further down to test 5.28 than 5.00.

 Pls dyodd. 

Ifast - Chart wise, looks like a pump and dump scenario! Pushed up to hit the high of 8.50 and crashing down ro close at 7.29. The running up has lost the momentum! At 7.29, PE is super high at about 76x. Pls dyodd. 



Full year, net profit increased by 340 per cent on-year to S$28.3 million, on the back of a 22.8 per cent increase in total revenue to S$256.5 million.

EPS is about 9.6 cents.

At 7.29, PE is super high at 76x.

Final dividend of 1.4 cents.

I would rather go for either Sembcorp ind or Keppel Corp with higher dividend and billion dollars of revenue plus a few hundred million net profit. 

Please dyodd. 

Tuesday, March 5, 2024

STI ETF - This is one of the few ETF that is yielding more than 4.6% yield of which it covers the 30 STI components stocks like Bank, Gd reit, SingTel, Venture, etc of which I think is a no-brainer counter to consider! Pls dyodd.

 STI ETF - This is one of the few ETF that is yielding more than 4.6% yield of which it covers the 30 STI components stocks like Bank, Gd reit, SingTel,  Venture,  etc of which I think is a no-brainer counter to consider! Pls dyodd.


 

I think great opportunity is back!

At 3.114, yield is about 4.69% which is quite a good yield level!

Pls dyodd. 

She has just went ex.dividend 2 days ago, looks like price has corrected to an interesting price level.

STI ETF  - She is trading at 3.142, yield is about 4.6 percent for this ETF that cover most of the famous counter like DBS, Ocbc, Uob, Sia, Venture,  SingTel,  MIT, CLAR, CICT, MLT, MPACT etc I think is a no-brainer strategy to consider this counter for your investment portfolio! Pls dyodd. 



XD of 7.3 cents on 13th February,  looks like we may see some buying interest!

I am waiting for her to go below RSI 30 to plan my trade!

Pls dyodd.



This method of operation is to buy into STI ETF whenever it is in an oversold condition

 and to 
sell off and take profits whenever it is in an overbought condition. 

For example, one may use the  indicator such as the Relative Strength Index (RSI) to gauge when it is overbought ( above 70 ) or oversold condition( below 30).


One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.



For example you may plan to buy in at different interval or whenever the Oversold situation happen .


In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.


As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

Sunday, March 3, 2024

Venture - Looks like she may rise up to retest 14.42 again! A nice breakout smoothly would likely see her testing 15 to 15.23. Do take note!

Venture  - Looks like she may rise up to retest 14.42 again! A nice breakout smoothly would likely see her testing 15 to 15.23. Do take note! 




 Venture Corporation  - 4th quarter results is out! Gross Revenue is up 4.3 percent to 736.6m, Net profit is up 5.3 percent to 66.7m. FY total Revenue is down 21.7 percent to 3025m and Net profit is down 26.9 percent to 270m. Free cash flow is positive +100 percent to 439m. 


Net cash position of 1056m, zero debt. 




At 14.10, yield is about 5.32%.

Proposed Final dividend of 50 cents same as last year.

XD 7th May.

Pay date 21 May.

Outlook: A stronger 2nd Half for Y2024.

Pls dyodd. 

Saturday, March 2, 2024

Keppel DC Reit - Looks like boat is back! At 1.69 which is trading near the support at 1.69 which might present a good pivot point! Yield is about 5.4 percent. Gearing is below 40 percent. Pls dyodd.

   Keppel DC Reit  - Looks like boat is back! At 1.69 which is trading near the support at 1.66 which might present a good pivot point! Yield is about 5.4 percent. Gearing is below 40 percent. Pls dyodd. 




Keppel DC Reit  - Good news!The manager  Managed to reach a amicably and commercial solution woth DXC for the full and final settlement of 13.3m! Likely to boost their dpu payout! Do take note! 




It looks like market like this piece of news and the price has rises up 5 cents to 1.76, Fantastic!

I think price likely to test 1.78 and cover up the Gap at 1.80.

Pls dyodd.


 Keppel DC Reit  -  After Ex.dividend she has gone down to touch 1.60 and managed to bounce-off from this level and closed higher at 1.65, looks rather positive! Yield is about 5.5 percent at 1.65 looks like a good pivot point to consider! Do take note!



If she can reclaim 1.71 level smoothly we may likely see her rising up further towards 1.78 level. 

Pls dyodd. 



KDC - Keppel DC Reit  - Indeed it has went down to touch 1.67 yesterday and bounce-off to close at 1.69 unchanged,  looks like bargain hunters has turned up to support! Do take note! 



I have nibbled a bit yesterday at 1.68. 

XD 2nd February.

Pls dyodd.


Update  : KDC (Keppel DC Reit) - Gapped down this morning and went down to touch 1.69, looks rather weak and may likely see her going down to test 1.66-1.67. 



Pls dyodd.

  Keppel DC Reit  - Results is out! Dpu decreased 16.1% ro 4.33 cents versus 5.165 cents.  NPI is down 9.1% to 117m, Distribution Income is down 18.5% to 76m. Gearing 37.4%.I think results is badly affected by the loss of rental income and higher Operations expenses and high financial costs that increases 43.5% to 28.5m.Cautious mode!  




Occupancy rate 98.3%.

XD 2nd February. 

I think the results is no good! 

I dont see any update about the DC rental update! 

Pls dyodd. 

Today opening price of 1.75 cents looks rather weak!

Likely to go down to test 1.67.


Friday, March 1, 2024

Update : Ifast - Chart wise, very weak! I think high probability shw may breakdown 7.00 and slide down toward 6.00 level. Cautious mode! Do take note!

 Update : Ifast - Chart wise,  very weak! I think high probability shw may breakdown 7.00 and slide down toward 6.00 level. Cautious mode! Do take note!

 


Don't go against with the trend! 

Pls dyodd. 

Ifast - Chart wise, looks like a pump and dump scenario! Pushed up to hit the high of 8.50 and crashing down ro close at 7.29. The running up has lost the momentum! At 7.29, PE is super high at about 76x. Pls dyodd. 



Full year, net profit increased by 340 per cent on-year to S$28.3 million, on the back of a 22.8 per cent increase in total revenue to S$256.5 million.

EPS is about 9.6 cents.

At 7.29, PE is super high at 76x.

Final dividend of 1.4 cents.

I would rather go for either Sembcorp ind or Keppel Corp with higher dividend and billion dollars of revenue plus a few hundred million net profit. 

Please dyodd. 

Thursday, February 29, 2024

UOB Bank - I think boat is back! She has corrected from 29.24 to close at 27.95 yesterday, yield is more than 6 percent looks quite an interesting! Pls dyodd.

  UOB Bank - I think boat is back! She has corrected from 29.24 to close at 27.95 yesterday,  yield is more than 6 percent looks quite an interesting! Pls dyodd.  




UOB Bank - FY results is out! FY Net profit is up 26 percent to 6.1b.4th quarter net profit climbed to S$1.40 billion ($1.04 billion) from S$1.15 billion a year earlier.Proposed a Final dividend of 85 cents as expected but no special dividend or Bonus issue like Dbs bank. Lets see how market react! 

XD of 85 cents on 25th April.

At 29.24, yield is about 5.8%.





UOB reported 

a 22% rise in net profit in the fourth quarter from a year earlier on the back of higher net fee and non-interest income.

UOB, which is Southeast Asia's third-largest bank by assets, said October-December net profit climbed to S$1.40 billion ($1.04 billion) from S$1.15 billion a year earlier.

The bank recommended the payment of a final dividend of 85 Singapore cents per share, bringing the total dividend for 2023 to S$1.70 per share.

Wednesday, February 28, 2024

SATS - Wow! 3rd quarter results swing back into profit with 38.1m PATMI. Q on Q basis, revenue increase 6.3 percent to 1.4b. Awesome! I think good improvement in the company financial results boosted by strong seasonal demand.

 SATS - Wow! 3rd quarter results swing back into profit with 38.1m PATMI. 

SATS 3QFY2024 earnings improve by 41.9% q-o-q to $31.5 mil.

 Q on Q basis, revenue increase 6.3 percent to 1.4b. Awesome! I think good improvement in the company financial results boosted by strong seasonal demand. 




Finally,  we can see lights at the end of the tunnel!.

3rd quarter Editda increased 18.3%.

Cash Flow increased to 172.3m versus 35.4m last year. 

For the 9MFY2024 period, earnings came in at $23.7 million, reversing from a loss of $32.0 million the previous year, while revenue saw a significant 200.4% gain to $3.85 billion from $1.28 billion previously.






Refinancing are bearing fruits which help to bring down significant financial savings.  

I think if 4th quarter also book another good improvement in PAMTI we may hear company resuming paying out dividend. 
Pls dyodd. 



Tuesday, February 27, 2024

Ocbc Bank - Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend. Hosey! Yearly dividend of 82 cents. Yield is 6.16 percent !

 

OCBC Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend.


XD 8th May.
Pay date 26 May. 

Yearly dividend of 82 cents.
Yield is about 6.16% based on current price of 13.31.






Ocbc reported a net interest income of S$2.46 billion, up 3 per cent from a year ago as average assets grew 4 per cent.

Net interest margin (NIM) moderated 2 basis points to 2.29 per cent, which OCBC attributed to higher funding costs that more than offset its increase in asset yields.


I think is a good set of financial numbers!

Pls dyodd. 

Non-interest income rose 25 per cent to S$811 million, as net fee income increased 16 per cent year on year due to higher fees from wealth management, credit card and loan-related activities. Net trading income also improved 22 per cent on the back of higher customer flow treasury income, offset in part by a decline in insurance income. - Tomorrow FY results will be out in the morning! Market expects Final dividend of 40 cents to be the same as interim dividend of 49 cents! Anything more it may boost the price higher! However, if dividend is lesser or No special dividend ot nay folllollow UOB scenarios selling down upon announcing record profit but higher final dividend without any  special dividend or bonus share ! 



I think if Final dividend of 40 cents without any special dividend we may expect her to fall down tobtest 12.71 and below.

On the other HAND, IF they declared any special dividend or Bonus share issue I think price ma6 Gap up to test 13.45 again! 

Pls dyodd. 


SATS - She is gaining strength likely to rise up to reclaim 2.99 again, looks rather bullish!

SATS - She is gaining strength likely to rise up to reclaim 2.99 again, looks rather bullish!  A nice breakout of 3.00 smoothly may likely s...