[review] 2017 w18- sharing the action only

Foreword

I  need to quit the addiction of looking at the investingnotes app, and enforce a strict 2x look ( 1st at 11am; 2nd at 430pm) so that i do not get distracted from my stable income flow.

for venture,ocbc, accordia there is no need to do anything as it trends upwards, perhaps i will update on my investing notes.

Counters

SL counters

ThaiBev. Exited at 90.5c because i) it has ranged for too long; ii) did not bound up when there was a golden crossover between 50ma and 200ma; iii) breakout negatively on the consolidation trend. considering this is a possible bull turn bear, i exited to conserve capital.

SGX. exited at 7.41, because this counter broke the support i had for it in mind, since trade idea invalidated, i quickly exit to conserve capital.

Counters Scaled up. For Income assets-(TA25/FA75) Good  yield (> 3.5%) and increasing DPU, uptrending/stable prices (200ma). at discount to NAV (~0.7 to 0.8) Macro outlook is positive.

Chip Eng Seng. Executed this scale-up despite it not being the "correct way", as i took a 90% FA approach when i scaled up on CES. 
The recent XD presented a "dip" for me to extract some nice dividends at 5.5%, property counters still expected to do well , and trading at 0.6xNAV present good value. i'm expecting the counter to slowly drift up, as this is not the kind of "active" counters. With about 10K inside, looking for the next $500 next year.CES has been uptrending quite lately,

Mapletree GCC. I scaled up on this counter as the XD presented an opportunity to secure more of this healthy counter that offers me a handsome yield of 7% at 0.8xNAV. FA-wise, this counter offers increasing Div yield and has some solid management.TA-wise, it is uptrending and trading abv 200ma.

I had scaled up using a "text book" style scale up, a fraction of initial entry, at a setup,  and with some buffer of 5% cap gains after XD. I'm also expecting the counter to slowly trend upwards towards $1.2, before making a decision to take profit/ observe trend.


For Growth/Value -(TA50/FA50)50 & 200ma, macro-outlook, set-up for entry, needs a narrative (e.g. semiconductor stock run/ properties bottom out, fantastic outlook), tend towards 0.6-1.2x NAV 

China Aviation. looks like a short term down trend after the XD. I'm expecting this counter to consolidate, hence range trading between 1.57 and 1.73 for 1-2 months. if you look at the short term counter trend, it is not broken yet and i expect it to break sometime next week and reverse into a positive minor trend. staying vested, because my nibble is very very small in the counter!