[weekly review] ww17 2018

Thoughts
Staying strong, some setbacks at work but going to push ahead anyway. job search wise, nothing is confirmed but i am hopeful as one of the character referee told me he has been contacted and he gave a glowing review. lets help me hope that every thing goes well! meanwhile this week wasn't very good week for my equities.. and i have zero positions that i can scale-up on. i will need to work hard on this aspect to build up the next 5-digit big winner!

Transactions

AEM. Sold. the ctr did not trend higher, from a 1k profit, i turned in a 700 bucks loss due to some slippage, but i guess i am okay to take some losses as my thoughts have been proven otherwise. will stay out of this in the meanwhile.

Sembcorp. Sold. the price move invalidated my initial thought of how the counter should move and broke my SL, so have to cut loss. I guess retails who were in  during the late feb were selling away resulting in the drop.

CSE Global. Bought for capital appreciation. TA-wise, which was the first reason why it caught my eye, was actually the huge volume that came. some time in mid Apr, which was funds getting a huge portion of it. patterns wise, the counter is definitely looking at recovering... as you can start to see higher highs and higher lows.... 55cents is my first TP. 

FA-wise this company has a a few thrusts (o&g; Infra;mining;) O&G contributes to a big part of it... and we can  see that there are some green sprouts emerging after this long period of drought. in the meanwhile, the group has also improved revenue coming from infra and mining sector. So all things equal, it seems that like with O&G returning back to normalcy, and with a strengthened position in mining & infra, the company is at least poised to improve its bottomline. dividend policy wise, seems like they are willing and have the cash hoard to keep the dividend at 2.75c per year... at the price i bought of 42c, the div yield is 6.5% not too bad as a reward as i wait for my positions to realise its true value. or that itself could be a plus points for income investors looking at better than avg yields, where good reits are paying 5ish% yield, and not so good reits you just want to avoid it.

Holdings

Chip Eng Seng. two reason to buy CES: i) 4% dividends coming soon; ii) ascending triangle. it is still in play, and i do see foreseeable run-ups as the property market is not too shabby these days.

Raffles Medical. Bought for the reversal play.

UOL. swing trade, good FA, okay dividend (see here)