[weekly summary] 2017 w23

Foreword

So fast, nearly 50% of the year is gone. My equities are doing well. Career-wise however is quite stagnant even when i am earning a good salary, luckily, investing and stocks trading is something i enjoy :) Hoping to build up more skill to improve myself.

Currently, I am about 80% of my assets are vested in equities. Maybe in 1 or 2 weeks' time i will be doing a portfolio rebalance to gain back liquidity so that i can capture further growth to fuel the 2nd half of 2017.

Counters entered

Mapletree GCC.i scaled up second time on this counter as the uptrend is intact. the NAV and yield was also quite respectable... anyway sitting on a 7% gain for this counter after this scale-up, looking for the next breakout!

Income (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.

Accordia golf trust. it is drifting up after XD, something positive, i'm not adding into this counter.... but waiting around for the upsides.... and dividends as i wait.... 

Chip Eng Seng. there is a build up around the 73-74c region? if i were to scale up there, my buffer is very slim... will observe at the 76c area... and scale-up around there if possible.

MapleTree GCC. see above.

Venture Corp. will observe for awhile against the 50ma and also support.... if breaks and remains below support and 50ma, time to slaughter this goose for meat!actually think about it, i think the upside probably not as high as other counters..... so i will think thru this week end...A potential exit candidate.

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. there is a possibility for it to break down if it is unable to break the counter trend, ....currently slightly bearish to this counter. A potential exit candidate.

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

Bestworld. broke out and hence will continue to hold not sure if i will scale up on this position... or probably limit it to 1 scale-up... lets hold and observe :)

Cogent. Movement seems quite uncertain and llikely to range trade.... i am also slighting bearish on this counter, so this is a potential exit.

MM2 Asia. currently consolidating with very weak bearish volume, once break the counter trend, i will scale up another 4.5K into this position as a show of confidence in TA. very bullishing on mm2!

Valuetronics. did not manage to scale up on this counter, as the price surged up too quickly!
i am still bullish on this counter, as the price is above 50ma & 200ma and the bearish volumes are weak. waiting for the next setup for a scaleup!