[review] 2017 w19- left with a few counters only

Forewords

I have not been looking around for new opportunities because i have been busy with my other hobbies. However, with my counters pared down to a few "winners" i need to start looking out for my next growth engines so that i wont be in a situation with money stucked  in low-interest saving accounts. I will also aim to do a review of my assets growth since i started :)

Meanwhile, i will continue to do my weekly reviews  to ensure my counters are running fine, because i have nearly 70% vested in equities and i don't believe in buy and hold forever type of buying.

Counters


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.
Venture Corp. Bullishness intact, and $13 support is established. look like it will range for sometime as the 50MA and 200MA catches up. I will continue to hold onto it. but also will divest as i will enjoy about 9yrs of dividend if i sell it. the 9 years of dividends. so still thinking of strategy how to go about doing it. do share  your comments.

Accordia Golf Trust. It broke out as my forecast (see here ) however current has gone into a countertrend, so those who trade this, should exit. but for me i will hold onto it as it remains bullish and uptrending, and i am in it for the delicious dividends :) Of course with Accordia's increasing price and I find myself in a situation where i have too much vested in Accordia. I will look at either sell off to recover capital and let the profits run permanently to get dividends perpetually till it closes/ privatize. or might opt to take profits on 50%. do share your comments on this.

Mapletree GCC. This is long term bullish counter with good fundamentals ( strong management). after XD and its price drop, it is hovering/consolidating at the 1.04 price, I'm suggesting to wait out as i enjoy this counter's delicious dividends. nothing alarming.

Chip Eng Seng. Entered as a income asset and scaled up on XD, this was indeed a bad scale-up as there are losses reflected, so i will need to maintain my emotions on this counter. That said,  it broke my 70c support, i will continue to monitor and in fact shall put an alert on it in case it falls , where i will put a stop loss/ reduction in holdings. otherwise, this counter's dividend is attractive :)

 

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. This is a long-term and short term bullish counter, with strong moat due to monopoly to china domestic markets.As mentioned in the previous week's post(here) that it was in a countertrend that was ending because it has met support. There was indeed a true as you can see in ther circled area. I look forward to it going up to $1.73 region where  we will need to look at price and trend to look make a decision ( see if it rang trade or break out).




OCBC. Banks are bullish and had lead STI quite a bit of gains the past few weeks. I look at the weekly candlestick and it is cautiously bullish. i opine that next week will continue to be bullish,there will be upwards movement though not as big but we may have some consolidation before uptrend continues.

For Speculative - (TA100) 50ma pure technicals with setup ( trend/ breakout/reversal)

MM2 Asia. Short-term and long term bullish, holding on to it! looking at  a possible breakout coming! Possible scale-up area will be at 53.5c as i see some build-up at the 51.5 to 52c area, which is a pre-cursor to a possible breakout!