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Tuesday 9 July 2013

Bought Wilmar at $3.11


There is a clear support at $3.11 with many tails and the volume is falling to a suffocating level. MACD has been flat for some time. This stock has been very still lately. There should be something to stir it up or down soon. Fingers crossed that it will be stirred up. Currently, the price is very near the rock bottom. Price to cut loss is set at $3.00 and target exit price is set at $3.90. So, this is a 25% gain to 4% loss play.

Tuesday 2 July 2013

Vard dropping nicely


Vard dropped nicely to $0.90 at high volume indicating panic selling as cost overruns in Brazil projects largely due to rising labor cost. It will be interesting to see it drop below $0.80.

APTT offering 9% yield at $0.81?


At $0.81, the yield is almost 9%. I am certainly drooling.

Wilmar currently a good buy at $3.12?


Wilmar is showing many long tails below $3.12. I reckon this is a very good entry price.

SGX's buying opportunity at below $6.0?


SGX has a strong support at $5.60 and rarely stays below $6.0. Furthermore

Biosensors' rock bottom at $1.02?


Biosensors rebounded at $1.02 with small volume. Meanwhile, many institutions are issuing buy calls with high margins. I vow that I will buy if it touches $1.02 again.