[review] 2017 ww13

Foreword

I checked out the investing notes app as i felt my Kim Eng trade charts were inadequate on my handphone. so do enjoy my nicer more professional looking charts that i took some effort to create on my mobile. I will consider doing this on my travelling time on the bus over weekends.

Similarly i will do a full review on the counters i have

Speculative counters . These are counters that i hope to hold for around 50 days.

GKE. SL at .17. uptrend counter that is consolidating now. holding for the 20c burst.

MM2 Asia. SL .45. Entered on  pullback, but instead of going up, it went back down, will wait. WIll hold on for awhile to see how the counter plays out.

Yoma Strategic SL .585. Entered Yoma on a breakout because of the good bullish volume. No sell down yet, so waiting for a sustained uptrend momentum.

Sunmoonfood.  SL .098. converging price pattern spotted. uptrend intact, now consolidating. waiting for the breakout ( to form the 3rd top of the triple top bullish pattern).


Growth Counters
OCBC. SL 9.40 ( in profits). Gap filling seems to have completed. likely to continued uptrend.



OUE SL 2.05 (in profits). value property counter, as i bought it quite below NAV. looking at a few more breakout to the few levels. currenly uptrending counter in the hovering phase.

SGX SL 7.50 ( trailing SL). The counter has moved broken out of the resistance of $7.7 and converted it to a support, this will be a very strong support ( looking at it on the long term). Using fundamental analysis, this counter experience a tough patch last year with the number of delisting and the lack of IPOs. but moving into 2017, we see more IPOs and more buoyant market, we can expect SGX to trend up further. Of course i always maintain a watch to exit counters that trade otherwise againt my trading plan.


Income Counters
Accordia Golf Trust. Exit when trend reverses. Uptrend in tact,collect good yield dividend (> 9%) which are tax free! however as it is quite a large portion of my holdings, it is unwise to load up more, i will look for other places.

Venture Corp Exit when trend down, unattractive dividend yield (~4.3%, but if at my cost is it 6%) right now. Counter experienced a break out of the $11 to $11.50 likely. semiconductors market outlook is great right now, so can hold onto it for the upside.



MapleTree GCC exit when price trends down. Trailing Yield is still attractive at 7.24%, this counter is known for increasing its DPU. This counter is experiencing a reversal.


Chip Eng Seng. This counter is reversing and has bottomed out, it has broken out after 1 year of consolidation, and is consolidating now.. Current yield is still attractive at ~5.4%) for accumulation. value buy at price below NAV.