CCB chart 23 Mar 18

HK listed China banks to report results this week – potential trading opportunities? (23 Mar 18)

With reference to my earlier write-up (click HERE), besides SGX listed stocks, clients and readers can consider to take a look at some of the China banks listed on HK stock exchange. They may be interesting due to their upcoming results which may present some potential trading opportunities, especially when some of them have fallen 13-14% from their recent highs on 29 Jan 2018.   Why do I choose HK listed China banks, instead of our local banks for potential trading opportunities? 1. On a macro picture, Hang Seng seems to be slightly stronger than STI based on chart. For […]

Ying Li chart as of 12 Dec 17

Ying Li’s chart – consolidating nicely around $0.14+, before the next up-move? (12 Dec 17)

Ying Li’s chart seems to be consolidating nicely around $0.14+. Where will it go from here?   Personal chart observation With reference to Chart 1 below, Ying Li surged to an intraday high of $0.164 on 28 Nov 2017 immediately after the divestment announcement (See elaboration and announcement link below), before profit taking set in. Since then, Ying Li seems to be consolidating around $0.14+. Since 16 May 2017, Ying Li has been setting higher lows and higher highs. All the exponential moving averages (“EMAs”) have either stopped declining, or are moving higher. Although Ying Li’s share price has languished […]

sapphire-chart-as-of-19-sep-16

Sapphire’s substantial shareholders increase stake in Sapphire at $0.265 (19 Sep 2016)

Sapphire announced that Best Feast Limited (“Best Feast”) and Ou Rui Group Limited (“Ou Rui”) have acquired additional Sapphire shares as a sign of their confidence in the Company. Details are as follows: 1. Best Feast, a company incorporated in the British Virgin Islands and beneficially owned by 34 individuals was the owner of Ranken Infrastructure Limited (“Ranken”). Sapphire previously acquired Ranken from Best Feast with part of its acquisition consideration funded by the issuance of 165m new ordinary Shares at the issue price of S$0.10 per Consideration Share. (Best Feast has 55m shares at the issue price of $0.30, […]