Figure 3_Profits

Capital world has tumbled 46% since 29 Mar 17. What gives? Will it fall further? (1 Jun 17)

Capital World (formerly known as Terratech Group Limited) has slumped a whopping 46% from its intraday high of $0.240 on 29 Mar 2017 to close $0.130 on 1 Jun 2017. What has happened to cause such a massive fall? Will it fall further?   Company description Capital World is an innovative property developer that works with landowners on a joint venture basis to create value added property developments. Such joint venture requires minimal capital outlay and maximises investment returns. It is currently developing Project Capital City, an integrated property project comprising a retail mall, hotel and serviced suites and serviced […]

Table 2_Strong sales track record and robust project pipeline

Hatten Land Limited – “Capitaland” of Malacca (10 Mar 17)

For those who have gone to Malacca, they may have seen some of the developments by Hatten Land. Some may have gone as far to say that Hatten Land in Malacca may be considered as our “Capitaland” (to some extent) in Singapore. For those who are not familiar with Hatten Land, below is a short write-up.   Company description Hatten Land is the property development arm of the conglomerate Hatten Group with business in property development, property investment, hospitality, retail and education. Based on their circular, Hatten Land’s core business (See Table 1 below), is to sell all developed units […]

chiwayland-chart-as-of-27-dec-16

CWG chart looks strong, despite price consolidation (27 Dec 16)

CWG International Limited (“CWG”), former Chiwayland, closed unchanged at $0.156 on 27 Dec 16. Based on Chart 1 below, notwithstanding the recent price consolidation, all its exponential moving averages (“EMAs”) are still rising strongly, indicative of an uptrend. OBV is at elevated levels despite the price consolidation (i.e bullish). Amid positively place directional indicators, ADX is around 25, indicative of a trend. RSI closed at 56. Although the usual benchmark for RSI’s overbought level is around 70, it is noteworthy based on historical records, its RSI can reach 90 before profit taking occurs. All in, the chart looks positive. A […]

chiwayland-chart-as-of-4-nov-16

Chiwayland – potential upside chart breakout (4 Nov 16)

Chiwayland has dropped from an intraday high of $0.177 on 10 Oct 2016 to trade to an intraday low of $0.151 on 2 Nov 2016. It closed at $0.162 on 4 Nov 2016. Based on Chart 1, Chiwayland seems to have staged an upside breakout above $0.157 on strong volumes, the highest since 11 Oct 2016 (which coincided with the date of UOB Kayhian’s unrated report – see below). All the exponential moving averages (“EMAs”) are rising which indicate an uptrend. Although ADX is declining, it is still at elevated area at around 39 with positive placed directional indicators, indicative […]

oxley-chart-as-of-13-sep-16

Oxley’s base building between $0.380 – 0.460 (13 Sep 16)

Dear all Based on Chart 1 below, Oxley seems to be an interesting stock. Last Fri (9 Sep 2016) was the T+6th day after its sharp rally. The recent price decline from $0.445 was accompanied with weak volume. (My personal guess is that contra players have been taking profit for the past few days). Broadly speaking, the stock has been stuck in a one-year trading range between $0.380 – 0.460. ADX has declined from an unsustainable 69 on 2 Aug 2016 to around 37 on 13 Sep 2016. All the exponential moving averages (“EMAs”) have stopped their declines with 20D, […]

Fig 1 Selected Developer affected by QC and ABSD 30 Jun 16

Profit from the Panic – Developers’ Deadlines? BREXIT? (30 Jun 2016)

Profit from the Panic – Developers’ Deadlines? BREXIT? (Guest post) – Developer’s deadlines to sell units are reaching – Where are the opportunities? – Is the Singapore Property Market bottoming out? – If ABSD is removed who will benefit the most? – Does BREXIT pose risks to Singapore Property Markets? What are the other risks?   Developers’ deadlines to sell units are reaching – Where are the opportunities? With many developers hitting their deadlines for Qualifying Certificate (QC) – which need to sell within 5 years of construction else fined 8/16/24% for 1st/2nd/3rd year OR ABSD (developers to pay 15% […]